Question

Jerry & Sons operates as 150 smaller companies instead of one large multi-billion dollar corporation. All these smaller companies focus on a specific medical or product franchise with each affiliate generating multiple options for growth. Which concept of management does this firm follow?

Options

• Centralisation

• Delegation

• Decentralisation

• Organising

Answer 1

Decentralisation

Explanation:

Decentralisation involves distributing decision-making authority to lower levels in the organization. Since Jerry & Sons operates through 150 smaller companies, each focusing on specific areas and generating growth independently, it clearly follows the concept of decentralisation.