"Systematic effort to delegate to the lowest level of authority except that which can be exercised at central points "

Identify the concept of management.

Option 1 -> Centralisation refers to concentration of authority at the top management level, opposite to what is described.

Option 2 -> Decentralisation is the systematic delegation of authority to lower levels while retaining only essential functions at central points, matching the given definition.

Option 3 -> Delegation is simply the process of assigning tasks and authority to subordinates, not a systematic organizational distribution concept.

Option 4 -> Authority is the right to make decisions and give commands, but not a concept describing distribution of power across levels.

Hence, Option 2: Decentralisation -> The definition perfectly describes decentralisation, which involves systematically pushing decision-making authority to the lowest possible levels in the organization while keeping only those functions at the center that must be exercised centrally for coordination and control -> correct