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Correct the underlined word and rewrite the following sentence. Decentralization means concentration of powers and authorities at a specific position. - Organisation of Commerce and Management

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Question

Correct the underlined word and rewrite the following sentence.

Decentralization means the concentration of powers and authorities at a specific position.

One Line Answer

Solution

Centralization means the concentration of powers and authorities at a specific position.

Explanation:

Centralization refers to the concentration of powers and authorities. In some organisations this power is vested in one hand or few hands. This situation occurs in the small organisations. But, if the size of organisation is large then there is a decentralization of the power or authority.

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Henry Fayol's Administrative Theory of Management
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Chapter 1: Principles of Management - Exercise [Page 15]
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