Delegation in Business Management Delegation refers to the downward transfer of authority from a superior to a subordinate. It is a pre-requisite to the efficient functioning of an organization…
Formal Organization In all organizations, employees are guided by rules and procedures. To enable smooth functioning of the enterprise, job description and rules and procedures related to…
Formal Organization vs Informal Organization: A Comparative View Formal organization vs informal organization: A Comparative view Formal organization Meaning: Structure of authority relationships created by the management. Origin: Arises as a result of…
Informal Organization Interaction among people at work gives rise to a ‘network of social relationships among employees’ called the informal organization. Informal organization emerges from within the…
Functional Structure: Definition in terms of Business Management Functional Structure A functional structure is one of the most common organizational structures. Grouping of jobs of similar nature under functional and organizing these major…
Divisional Structure: Definition in terms of Business Management Divisional Structure The divisional structure is a type of organizational structure that groups each organizational function into a division. It is a type of organizational structure…
Differences between Functional and Divisional Structure Differences between Functional and Divisional Structure Functional Structure Formation: Formation is based on functions Specialization: Functional specialization. Responsibility: Difficult to fix on a department. Managerial…
Steps in the Process of Organizing Steps in the process of Organizing Organizing involves a series of steps that need to be taken in order to achieve the desired goal. Organizing…
Define Organizing in terms of Business Management Organizing is a regular procedure of structuring, integrating, co-coordinating assignment goals, and activities to property in order to reach objectives. Organizing essentially implies a process…
Organization Structure: Definition The organization structure can be defined as the framework within which managerial and operating tasks are performed. It specifies the relationships between people, work and…