What are the steps in the process of organising?
The following steps are involved in the organising process:
1. Identification and division of work: The first step in the process of organising involves identifying and dividing the work that has to be done in accordance with previously determined plans. Work is divided into managerial tasks, so that duplication can be avoided and workload can be shared among employees.
2. Departmentalisation: In this step the activities which are similar in nature, are grouped together. And this process is known as departmentalisation. The departments are created on the basis of products, functions and territory. This provides specialisation in operations.
3. Assignment of duties: Once the departments are created, each department is placed under the charge of an individual, called departmental head. Then, each job is allocated to an individual, according to his knowledge and skill.
4. Establishing Reporting relationships: In the organisation, each employee has some authority as well as responsibility. It is necessary that every individual must know whom they have to take orders from and to whom they are answerable. This creates superior subordinate hierarchy and helps in coordinating various activities in the organisation.
What are the steps taken by management in the planning process?
Why is management considered to be a multi-dimensional concept?
Explain the procedure for selection of employees.
How would you characterize the business environment? Explain with examples, the difference between general and specific environment.
Indian Railways has launched a new broad gauge solar power train which is going to be a path breaking leap towards making trains greener and more environment friendly. The solar power DEMU (Diesel Electric Multiple Unit) has 6 trailer coaches and is expected to save about 21,000 liters of diesel and ensure a cost saving of Rs 12, 00,000 per year. Name the objectives of management achieved by Indian Railways in the above case.
The government of India announced Demonetization of ₹ 500 and ₹ 1,000 currency notes with effect from the midnight of November 8, 2016. As a result, the existing ₹ 500 and ₹ 1,000 currency notes ceased to be legal tender from that date. New currency notes of the denomination of ₹ 500 and ₹ 2,000 were issued by Reserve Bank of India after the announcement.
This step resulted in a substantial increase in the awareness about and use of Point of Sale machines, e-wallets, digital cash and other modes of cashless transactions. Also, increased transparency in monetary transactions and disclosure led to a rise in government revenue in the form of tax collection.
a. Enumerate the dimensions of the business environment highlighted above.
b. State the features of Demonetization.
Define scientific management. State any three of its principles.
Explain the qualities of a good leader? Do the qualities alone ensure leadership success?
Discuss the relevance of Taylor and Fayol’s contribution in the contemporary business environment.
Management is a series of continuous interrelated functions. Comment.
What are the steps taken by management in the planning process?
Rama Stationery Mart has made a decision to make all the payments by e-transfers only. Identify the type of plan adopted by Rama Stationery Mart.
Explain the procedure for selection of employees.
“A successful enterprise has to achieve its goals effectively and efficiently.” Explain.
Why delegation is considered essential for effective organising?
Name the component of product mix that helps the consumer to exercise the right to information.
How would you characterize the business environment? Explain with examples, the difference between general and specific environment.
Name the segments of the National Stock Exchange (NSE).
What are the functions of Financial Market?
National Digital Library of India (NDL India) is a pilot project initiated by the HRD ministry. It works towards developing a framework of virtual repository of learning resources with a single-window search facility. It provides support to all academic levels including researchers, life-long learners and differently-abled learners free of cost. State the dimensions of business environment highlighted above.