Business Studies


Questions Bank

  • According to Louis Allen, Delegation is the process a manager follows in dividing the work assigned to him so that he performs that part which only he because of his unique organisational placement, can perform effectively and so that he can get others to help with what remains.
    2018-02-12 17:48:48
  • According to Louis Allen, organising is the process of identifying and grouping the work to be performed, defining and delegating responsibility and authority, and establishing relationships for the purpose of enabling people to work most effectively together in accomplishing objectives.
    2018-02-12 17:48:34
  • According to Louis Allen, decentralisation refers to systematic effort to delegate to the lowest level all authority except that which can be exercised at central points.
    2018-02-12 17:48:01
  • Organisational Structure is the framework within which managerial and operating tasks are performed. It can be functional or divisional.
    Organizing Process Includes (a) Identification and division of work; (b) Departmentalisation; (c) Assignment of Duties; (d) Establishing reporting relationships
    2018-02-12 17:47:26
  • Advantages of Divisional Structure are (i) Integration,  (ii) Product (iii) Specialisation, (iv) Greater Accountability, (v) Flexibility, (vi) Better Coordination.
    Disadvantages of Divisional Struture are (i) Departmental Conflicts, (ii) Costly Process, (iii) Ignoring of Organisational Interests.
    2018-02-12 17:46:52
  • Advantage of Functional Structure are (i) Specialisation, (ii) Better Control, (iii) Managerial efficiency
    Disadvantage of Functional Structure are  (i) Conflict of Interest, (ii) Inflexibility, (iii) Restriction in Managerial Development.
    2018-02-12 17:45:45
  • Elements of Delegation are (i) Authority, (ii) Responsibility and (iii) Accountability.
    Importance of Delegation are (i) Helps in Effective Management, (ii) Employee Development, (iii) Motivation, (iv) Growth and Coordination
    2018-02-12 17:45:01
  • Advantages of Informal Organisation are (i) Speedy, (ii) Fulfillment of Social Needs, (iii) Fills Inadequacies of Formal Structure.
    Disadvantages of Informal Organisation are (i) Disruptive Force, (ii) Resistance to Change;  (iii) Priority to group interests.
    2018-02-12 17:43:39
  • Formal Organisation is designed by the management to achieve organisational goals.
    Advantages are (i) Fixation of Responsibility, (ii) Clarity of Roles, (iii) Unity of Command and Effective Accomplishment of Goals.
    Disadvantages are (i) Procedural Delays, (ii) Inadequate Recognition of Creativity, (iii) Limited in Scope.
    2018-02-12 17:42:57
  • Importance of Decentralisation are (i) Helps in Development of Managerial Talent, (ii) Quick Decision Making; (iii) Reducing burden on Top Management, (iv) Development of Initiative, (v) Growth and Better Control.
    2018-02-12 17:41:15

  • 2018-02-12 17:40:29

Questions Bank -

Ans. Organizing is the process of defining and grouping the activities of the enterprise and establishing authority relationship among them.

Ans. Span of management refers to the number of subordinates a manager can effectively handle.

Ans. Organization structure refers to the framework within which managerial and operating tasks are carried out. It establishes relationship between people, work and resources.

Ans. Departmentalisation refers grouping similar or related jobs into larger units called departments divisions or sections.

Ans. Delegation of authority means the granting of authority to subordinates to operate within prescribed limits.

Ans. It is a type of a organizational structure that groups each organizational function into a division. These divisions can correspond to either products or geographics.

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