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Centralization
The concentration of decision-making and administrative power within a central group or location within an organization.
Divestiture
Selling off parts of the organization to refocus attention on core business areas.
Decentralized
Decentralized refers to the distribution of power, tasks, and decision-making away from a central authority, often to increase efficiency and responsiveness.
Bureaucratic
Describes an organizational structure that is characterized by strict procedures, formalities, and a clear hierarchy of authority.
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