Centralisation in the context of GCSE Business refers to the organisational structure where decision-making authority is concentrated at the top levels of management. This is typically within a head office or central team.
Centralisation can lead to more efficient resource management and streamlined operations, as decisions are made by a small group of top leaders who oversee the entire organisation. However, it may also result in slower response times to local issues and reduce the autonomy of individual departments or local branches.
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