B Com Exam > B Com Videos > Contemporary Management > Centralization and Decentralization, Contemporary Management
Centralization and Decentralization, Contemporary Management Video Lecture | Contemporary Management - B Com
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FAQs on Centralization and Decentralization, Contemporary Management Video Lecture - Contemporary Management - B Com
| 1. What is centralization and decentralization in contemporary management? |  |
Ans. Centralization refers to the concentration of decision-making authority at the top level of an organization. It means that the key decisions are made by a few top-level managers, and lower-level employees have limited decision-making power. On the other hand, decentralization involves the delegation of decision-making authority to lower-level employees or departments. It allows for a more distributed decision-making process and empowers employees to make decisions within their areas of expertise.
| 2. What are the advantages of centralization in management? | |
Ans. Centralization in management can provide several advantages. Firstly, it allows for consistent decision-making as top-level managers have a holistic view of the organization. This can ensure that decisions align with the overall goals and strategies of the company. Secondly, centralization can lead to efficient resource allocation as decisions are made by those with a broader perspective. Additionally, centralization can enhance coordination and control, as decisions are made by a select few who can monitor and evaluate their implementation.
| 3. What are the advantages of decentralization in management? | |
Ans. Decentralization in management offers several advantages. Firstly, it promotes employee empowerment and engagement, as lower-level employees have decision-making authority within their areas of responsibility. This can lead to increased job satisfaction and motivation. Secondly, decentralization allows for quicker decision-making, as decisions can be made at the point where information is readily available. Moreover, decentralization promotes innovation and creativity, as employees have the freedom to explore new ideas and approaches.
| 4. Are there any disadvantages of centralization in management? | |
Ans. Yes, there are some disadvantages of centralization in management. One major drawback is that it can lead to slower decision-making, as all decisions need to pass through a few top-level managers. This can create bottlenecks and hinder organizational agility. Additionally, centralization can result in a lack of employee empowerment and motivation, as lower-level employees may feel disengaged and uninvolved in the decision-making process. It can also limit the organization's ability to adapt to local or regional differences.
| 5. What are the potential drawbacks of decentralization in management? | |
Ans. While decentralization has its advantages, it may also have some drawbacks. One potential drawback is the risk of inconsistent decision-making, as different departments or individuals may have varying approaches and priorities. This can lead to conflicts or inefficiencies. Moreover, decentralization can create coordination challenges, as multiple decision-makers may need to align their actions. It may also require adequate communication and information-sharing systems to ensure that decisions are well-informed and aligned with the overall organizational strategy.
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Dec 23, 2024 Last updated |
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