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Examveda

The extent to which power and authority are retained at the top is called as

A. centralization

B. decentralization

C. responsibility

D. accountability

Answer: Option A

Solution(By Examveda Team)

The extent to which power and authority are retained at the top is called as centralization. Centralisation or centralization is the process by which the activities of an organization, particularly those regarding planning and decision-making, framing strategy and policies become concentrated within a particular geographical location group.

This Question Belongs to Management >> Business Management

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