Archive | Management

Organisation Chart: Meaning, Principle and Merits

After reading this article you will learn about:- 1. Meaning of Organisation Charts 2. What Does Organisation Chart Show 3. Kinds 4. Principles 5. Merits 6. Limitations. Meaning of Organisation Charts: With increase in size and complexity of organisations; number of departments, sub-units and people working in the organisation is also increasing. There is increasing distance between top executives and [...]

By |2016-08-09T07:56:13+05:30August 9, 2016|Fundamentals of Organising|Comments Off on Organisation Chart: Meaning, Principle and Merits

Span of Management: Meaning, Factors and Theory

After reading this article you will learn about:- 1. Meaning of Span of Management 2. Factors Affecting Span of Management 3. Graicunas Theory. Meaning of Span of Management: Depending upon the complexity of organisational activities and relationships amongst superiors and subordinates, it becomes important the superiors manage an optimum number of subordinates that result in optimum organisational output. All the [...]

By |2016-08-09T07:56:13+05:30August 9, 2016|Fundamentals of Organising|Comments Off on Span of Management: Meaning, Factors and Theory

Formal Organisation: Meaning, Features and Limitations

After reading this article you will learn about:- 1. Meaning of Formal Organisation 2. Features of Formal Organisation 3. Merits 4. Limitations. Meaning of Formal Organisation: Formal organisation is a well-defined structure of authority and responsibility that defines delegation of authority and relationships amongst the organisational members. It works along pre-defined set of policies, plans, procedures, schedules and programmes. Most [...]

By |2016-08-09T07:56:13+05:30August 9, 2016|Organisation|Comments Off on Formal Organisation: Meaning, Features and Limitations
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