Authority Meaning, Definitions, Features, Sources and Delegation of Authority The Meaning The hierarchical structure of an organization is based upon the flow of authority. Lack of authority in a manager may create chaos in an organization. No manager can get the job done through his people unless he has the authority to secure compliance of […]
Month: June 2020
Organizational Structure and Design – BBA/MBA Notes
Organizational Structure and Design Meaning, Definitions and Types Meaning of Organizational Structure In a simple term, structure is the pattern in which various parts or compounds are interrelated or interconnected. Thus, organization structure is the pattern of relationships among various components or parts of the organization. This prescribes the relationships among various activities and positions. […]
Organizing – Concept of Organization and Organizing -Meaning, Definitions, Process and Theories
Concept of Organization and Organizing The Organizing Function of Management Organizing comes after the completion of the creative phase of planning through which managers are able to define what is to be done; now the question arises who will do it. Then it is also the responsibility of managers to define who will do what […]
Planning – Meaning, Nature, Features, Types, Process and Barriers
Planning Meaning, Nature, Features, Types, Process and Barriers Planning Planning involves the determination of future course of action. It is a mental process requiring the use of intellectual faculties, foresight and sound judgement. It is one of the basic managerial functions. Definitions of Planning According to Koontz and 0′ Donnell “Planning is deciding in […]