Category: B.COM NOTES

Principles of Delegation

Dr. Toran Lal Verma

Delegation is one of the most important elements in the organising process. It is through delegation that interrelationships are created in any organisation. There are certain principles which may be followed as guidelines for effective delegation. These principles are: 1. Principle of delegation by results: The purpose of delegation is to get work done through another more effectively and efficiently Read More …

MERITS AND DEMERITS OF FUNCTIONAL ORGANIZATION

Dr. Toran Lal Verma

Functional authority occupies a mid-way position between line and staff authority. It is a means of putting the specialists in top positions throughout the enterprise. It confers upon the holder a limited power of command over the people of other departments concerning their function. Functional authority remains confined to functional guidance of different departments. It helps in maintaining ability and Read More …

MERITS AND DEMERITS OF LINE AND STAFF ORGANIZATION

Dr. Toran Lal Verma

In line and staff organisation, line authority moves down in the same manner as in the line organisation, but in addition, specialists (known as ‘staff’) are attached to line managers to advise them on important matters. Those specialists stand ready to advise and assist line men as and when required, which enable the line officials to carry out their activities Read More …