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Description
The content of this presentation is centered around explaining two fundamental management structures: centralized and decentralized. A key point in the discussion is how quickly information passes through these structures, affecting decision-making speed. Centralized management involves all decisions being made by senior managers, with staff below them receiving instructions without much autonomy. This structure is often seen in businesses with a branch network, where head office makes all decisions. In contrast, decentralized management allows for decisions to be made at the most suitable level within an organization. Decisions are distributed among different levels of management, from senior managers making strategic decisions to supervisors handling routine tasks. The presentation also explores how these structures can be visualized in an organizational chart, with different decision-making authority depending on the branch or local level. This detailed explanation aims to help viewers understand the principles and implications of both centralized and decentralized management structures.
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