centralization

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centralization

the vertical dimension of ORGANIZATION structure. Organizations are centralized when important decisions are largely taken by managers at the top of the organization. There is a persistent tension between DECENTRALIZATION and centralization organizations. Centralization of decisions is useful to provide central direction to the organization. However, it can mean that the organization cannot respond quickly to PRODUCT MARKET developments. Also, if lower level managers are precluded from making important decisions it can have negative effects on their job satisfaction. See ORGANIZATIONAL ANALYSIS.

centralization

the concentration of economic decision-making centrally rather than diffusing such decision-making to many different decision-makers. In a country, this is achieved by the adoption of a CENTRALLY PLANNED ECONOMY where the state undertakes to own, control and direct resources into particular uses. In a firm, centralization involves top managers retaining authority to make all major decisions and issuing detailed instructions to particular divisions and departments.

See U-FORM ORGANIZATION.

References in periodicals archive ?
Our centralised energy services provide customers with convenient access to competitive energy rates through shared infrastructure.
The Pakistan Association of Private Medical and Dental Institutions (PAMI), which has criticised the centralised admissions system a number of times and declared it to be a major source of corruption, issued a statement on Monday based on comments from parents of students telling the council not to play with students' futures.
Scott Gottlieb, former Deputy Commissioner of the FDA and member of the MedAvante board of directors, said that the approval of this drug, based on a data package that included the use of centralised psychiatric raters, demonstrates the increasing regulatory acceptance of this tool.
All localised developments in our constituencies will all be up for grabs by the type of centralised control envisaged.
A centralised model puts all master data inside a single container, and results in the outlying systems being dependent upon the central master.
But EGA says that what its members won through the compromise - the right to start generic registrations at eight years for products authorised through national systems or because of opting to use the centralised procedure - "would go some way to help reduce delays in post patent marketing of generics".
The centralised MMS system would enhance the company's multimedia messaging service by employing a single MMS system across the four Nordic countries, according to Nokia.
For eligible drugs, the centralised procedure permits the submission of a single marketing application to the EMA that, if approved, allows the drug to be marketed in all EU member states, as well as Iceland and Norway, rather than requiring independent national approvals.
It is particularly concerned that the modified proposed Regulation does not clearly identify generic medicines as eligible for the centralised procedure, and that "a major flaw in drafting" has failed to make the necessary link between the different elements of the legislative package (which consists of a Regulation and two Directives) so that abridged applications (the standard application for a copy product) can be assessed under the centralised procedure.
Provide critical technical and monitoring support throughout the Department of Defences Centralised Processing Project.
NEC Australia, a IT services company, has been appointed as a key partner on the Australian Department of Defence s Centralised Processing Project.
NEC has won a contract worth a $150 million from the Australian Department of Defence as a key partner with Lockheed Martin to provide a Centralised Processsing project.