3. What is the difference between a centralized company and a decentralized company? Where is Frantic Rims positioned on the centralization-deoentrallz.ation continuum? Explain. Frantic Rims is a Winnipeg-based film and TV production company. Shortly after its founding In 1997, the company was named one of Canada's Hottest 50 Start-Ups by Proftt magazine. By 2004, It ranked twenty-third on the list of Canada's fastest~ro.ving companies, and in 2005 it ranked fifth on the list of Manitoba's fastest-growing companies. Frantic has also received numerous awards;

a partial list includes the following:

• National Research Council recognition as a Canadian innovation leader

• Lions Gate Innovative Producers Award

• New Media Visionary Award nomination

• Blizzard Award (for the documentary series Ouest for the Bay)

• Finalist for the Ernst & Young Entrepreneur of the Year Award (multiple years)

Frantic Rh'ls started as a private corporation that was owned and ma-~aged by three principal shareholders-

Jamie Bro.vn (chief executive officer), Chris Bond (president), and Ken Zomiak (chief operating officer). It originally had three divisions-visual effects, live action, and TV commercials-{see Figure 7. 7), but the visual effects division was sold in 2007.