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{{Use British English|date=July 2018}}▼
{{Redirect|Centralized system|other uses|Democratic centralism|and|Moral centralism|and|Centralized computing|and|Star network|and|Central consonant}}
{{Multiple issues|
{{More citations needed|date=November 2015}}
{{Original research|date=December 2020}}
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▲{{Use British English|date=July 2018}}
'''Centralisation''' or '''centralization''' (see [[
The term has a variety of meanings in several fields. In [[political science]], centralisation refers to the concentration of a government's power—both geographically and politically—into a [[centralized government|centralised government]].
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The choice between centralised or decentralised varies. Many large businesses necessarily involve some extent of decentralisation and some extent of centralisation when it begins to operate from several places or any new units and markets added.<ref>Riley, J. (2014). ''Centralised versus decentralised structures | Business | tutor2u.'' [online] Beta.tutor2u.net. Available at: http://beta.tutor2u.net/business/reference/centralised-versus-decentralised-structures [Accessed 5 Nov. 2015].</ref>
According to a 2021 study, "firms that delegated more power from the central headquarters to local plant managers prior to the Great Recession outperformed their centralized counterparts in sectors that were hardest hit by the subsequent crisis."<ref>{{Cite journal|last=Aghion|first=Philippe|last2=Bloom|first2=Nicholas|last3=Lucking|first3=Brian|last4=Sadun|first4=Raffaella|last5=Van Reenen|first5=John|date=2021|title=Turbulence, Firm Decentralization, and Growth in Bad Times|url=https://www.aeaweb.org/articles?id=10.1257/app.20180752&&from=f|journal=American Economic Journal: Applied Economics|language=en|volume=13|issue=1|pages=133–169|doi=10.1257/app.20180752|issn=1945-7782}}</ref>
===Features of centralisation in management===
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==References==
{{
==External links==
*{{Wikiquote-inline}}
*{{Wiktionary-inline|centralization}}
{{Authority control}}
[[Category:Business terms]]
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