Explain the Difference Between a Centralized and a Decentralized Organization

question 48

Essay

Explain the difference between a centralized and a decentralized organization structure.Which one is more likely to further the cause of good strategy execution? Why?

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Definitions:

Incentive Payments

Financial rewards given to employees to encourage or reward them for achieving particular goals or performing at a superior level.

Entitlement

A right granted by law or contract, especially to financial benefits from the government.

Bonus

An incentive payment that is supplemental to the base wage.

Base Wages

The initial or fundamental salary paid to an employee before any bonuses, benefits, or overtime are accounted for.