Business Studies · Industrial Management

What is meant by the decentralization of an industry?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Merging diverse industries into a single conglomerate at one headquarters.
2Transferring the complete ownership of the industry to the central government.
3Establishing various units of the same industry at different geographical locations.✓
4Concentrating all manufacturing and processing units within a single city.

Correct answer

Establishing various units of the same industry at different geographical locations.

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