Management

Difference between Delegation and Decentralization with its comparison

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In this article we will discuss difference between Delegation and Decentralization with its comparison. Delegation   Delegation means a process of an organization in which responsibility is shared between superior and subordinates.  Manager of an organization doesn’t perform all tasks himself, and then he passes his work to lower level person that is his subordinates. […]

Economics

Difference between Centralization and Decentralization with its comparison

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In this article we will discuss about Difference between Centralization and Decentralization with its comparison.  Centralization    Centralization means  the power and authority to the top level regarding decision and planning. It is opposite of decentralization. Top managers make all the decisions. Subordinates simply carry them out. In centralization the flow of communication is formal and […]