What is the importance of delegation?
Delegation is a universally accepted principle. An industrial undertaking benefits by delegation in the following ways: Relieving Top Executives. Improved Functioning. Use of Specialists....
Delegation is a universally accepted principle. An industrial undertaking benefits by delegation in the following ways: Relieving Top Executives. Improved Functioning. Use of Specialists....
Co-ordination cannot be achieved through orders. It is a process which can be achieved through managerial functions. It is a by-product of good management. When...
Formal or Informal Delegation: Formal delegation of authority is the part of organisational structure. Whenever a task is assigned to a person then the required...
FAQ 1. What is POM? Principles of Management are guidelines for the decisions and actions of managers. They were derived through observation and analysis of...
“Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity” ...
It is a system of identification and communication that signals the manager when his attention is needed: conversely, it remains silent when his attention is...
Motivation refers to the drive and effort to satisfy a want or goal. Satisfaction refers to the contentment experiences when a want is satisfied. In...
The principle of efficiency of plans states “The efficiency of a plan is measured by the amount it contributes to purpose and objectives as offset...
Motivation is the need or drive within an individual that drives him or her towards goal-oriented action. The extent of drive depends on the perceived...
The negative sides of bureaucracy are:- Rigidity:- Its critics claim that it is rigid, static and inflexible. In the name of rules, people may even...