Category: NTA NET

difference between dividend policy and dividend decision

Dr. Toran Lal Verma

Many students get baffled when they are asked to differentiate between dividend policy and dividend decision. The answer to this question is very easy but tricky. Dividend decision is related to the decision as to how much of the earning would be retained and how much will be distributed as dividend. The company decides as to what would be more Read More …

What is PERT (Programme Evaluation and Review Technique)

Dr. Toran Lal Verma

The key to success of most organisations is to clearly examine the projects or activities for the achievement of an objective within stipulated time and cost. Management is then required to determine detailed activities and their interrelationships, to estimate resources required and the time needed to complete these activities as per schedule, and to monitor and control the time and Read More …

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 …