centralized vs. decentralized decision making

Centralized decision making refers to the process in which authority and decision-making power is concentrated in the hands of a few individuals or a centralized governing body. Decisions are made at the top level and disseminated down the hierarchical structure. On the other hand, decentralized decision making involves dispersing decision-making authority across multiple individuals or groups, where decisions are made at various levels within the organization or community. It promotes a more distributed and inclusive approach by involving different stakeholders in the decision-making process.

Explore

Requires login.