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Degree of Centralization states that the amount of decision-making power vested in top management should vary by circumstances.

What is Degree of Centralization?

  • Choosing the level at which decisions should be made inside the business is the last step in creating a successful organizational structure.
  • The degree of formal authority concentration in one division or level of the organization is known as centralization.
  • With limited input from lower-level employees, senior management makes the majority of the important choices for the business in a structure that is extremely centralized.
  • Top managers can establish a comprehensive perspective of operations and implement strict financial controls thanks to centralization.
  • By removing duplication inside the business, it can also aid in cost reduction.

Learn more about the degree of centralization with the help of the given link:

https://brainly.com/question/14644285

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