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After going through this week's topic and doing some research on decentralized and centralized systems, advantages & disadvantages, Which one is best for business?. I want to submit my homework task been given to me.

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Decentralization
Decentralization is a type of organizational composition in which the central administration distributes the administrative and decision-making responsibilities to its subordinates. This is done majorly to help the central authorities' administrative responsibility; they deal with less critical organizational problems.

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Centralization
Centralization is the type of administrative structure whereby an organization's decision-making responsibilities rest with the central authority only, and all other subordinate units receive and carry out orders and regulations made by the central body. Powers are not distributed under this kind of setting; only choice and other information are passed to the other unit, so the manager has little input into how a branch operates.

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Differences between Decentralization and Centrilization


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Centralization gives power to a central authority who presides over everything, and the central body has complete control over its members. While Decentralization delegates its power to its subordinates, the central body has no complete control over its members. members are active when it comes to decision making

Decentralization is more expensive to practice. In Decentralization, more support is needed for workers to assist in the business activities, but Centralization does not need many workers to operate since it has few branches and offices, hence not all that expensive compared to Decentralization.

Advantages of Decentralized system

1. Reduces the burden on top executives:
   Decision-making power is given to the subordinates this helps to reduce the burden of the top executives of their responsibilities.

2. Facilitates diversification:
   Members are motivated to bring out ideas that will help produce diverse products, activities, and markets.

3. Executive Development
   Executives in the system get the opportunity to look up to their superiors in other to develop their skills.

4. It promotes motivation
   The authority given to people motivates them to take the right decision for the organization.

5.Quick Decision-Making
quicker decision-making does not go through the hierarchy hence, members can just agree on something and that all.

Disadvantages of Decentralisation

1. Uniform policies are not Followed
   The authority given to the members makes it difficult for them to follow uniform policies been set.

2. Problem of Co-Ordination in the system
   Delegation of authority to members creates problems of coordination between members since they all have the right to make their own decisions.

3. There is More Financial Burden
   Authority is given to personnel who are experts in a particular field. This makes it difficult for small enterprises to employ these experts.

4. It Requires Qualified Personnel
   Decentralization is technically run by various experts in different fields. This becomes difficult for these type of systems to run without qualified experts.

5. Conflict between members in the system.
   This system bleeds a lot of conflicts between its members since every member has the authority over every asset of the organization.

Advantages of centralized system
1.Reduced Internal Conflict
Decision-making is not individual this makes it easy to prevent any unecessary disagreement and conflicts between members.

1. Control and Accountability
   Because the leaders are in charge of the operations in the company, there is full control over operations and developments in the company.

2. Employees Have Well-Defined Roles
   Centralized leadership assigns roles to every member of the company, every member knows what to do and not what to do.

3. There is a focused vision
   Because the company is centered on few people, this makes it easy for them to set goals for the company.

4. It is cost-efficient
   The management does not have to spend much money to operate. Even the cost of employing experts at each level is well managed due to the centralized decision-making process.

Disadvantages of centralized system

1. High burden on top executives
   Most of the Authority is with the top executives which put a lot of responsibilities on their shoulders.

2. Ther is a low level of facilitates diversification
   Most of the authorities belong to the leaders which makes it difficult to accept the ideas of its members. Sometimes, members with excellent plans and ideas are not accepted.

3. There is a low level of motivation
   Members find it difficult to learn from their superiors. AT how to even talk to them is a problem, leaders don't have time for their members.

4. Delay in Decision-Making
   Most of the decisions are made by the central authority, this makes it difficult to finalized decisions.
   At times particular decisions can even take months without been finalized.

5. No respect for the subordinates
   Because the leaders have the authority, this makes them not respect their subordinates.

Decenterized is best for Business/trading
The information gathered on both decentralized and centralized has its advantages and disadvantages.
A decentralized system would be more preferred than a centralized system since decentralized is about removing control from those who control the masses. This will make everyday life a cheaper, safe, faster, transparent, fairer, and more anonymous world.

How to know if a blockchain is decentralized or not?
Open your web browser and go to
http://ether scan.io/

Step2

Paste company(BTC) token contact address in the search button. and click on search to proceed

Step3
Click on contract

Step4

Now check contract source code

In an ASCII text file, if you see distract-only administration, self distract within the cording area for this token. Then it indicates that the system isn't completely centralized.
Since we didn’t find the above wordings in our BTC code source then it means BTC is fully Decentralized.

Thank you for reading.