→ Formal Organization: Formal organization is one which has a system of well defined Positions, Authority, responsibility, Policies, Principles etc. → Divisional Structure: Grouping the activities on the basis of product is known as divisional Structure. Functional structure: Grouping the jobs based on similar nature and organizing them different departments is known as functional structure. → Types of organizational structure: Functional structure & Divisional Structure. → Organization Structure: It is system which defines the frame work with in which the managerial and operating functions are performed in an enterprise. Establishment of reporting relationship.→ Organising Process: It involves 4 stages → Importance: Effective administration, Optimum Utilization of resources Clarity in work relationship, Benefit of Specialization, Expansion & Growth, Development of personals, Adoption to the change. → Definition: To organize a business is to provide it with everything useful to its functioning – raw materials, machines, tools, capital and personnel. → Meaning: Organizing is the process of identifying, grouping the work to be performed, delegating authority & responsibility, establishing a relationship & purpose for the people to work most efficiently together to achieve the objectives. Karnataka 2nd PUC Business Studies Notes Chapter 5 Organising
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |