This article throws light upon the top four theories of authority. The theories are: 1. Formal or Classical Theory of Authority 2. Acceptance Theory of Authority 3. Authority Theory of the Situation 4. Competence Theory of Authority. 1. Formal or Classical Theory of Authority: This is known as top-down authority. It supports the principle of scalar chain or organisational hierarchy. [...]
After reading this article you will learn about the meaning and sources of power of superiors in an organisation. Meaning of Power: While authority is the right of a person to give directions, power is the ability to do so. Power does not depend upon a person's position in the organisation. It is derived from his control over resources of [...]
After reading this article you will learn about:- 1. Meaning of Responsibility 2. Concept of Responsibility 3. Forms. Meaning of Responsibility: Responsibility is the task entrusted by managers to subordinates. It means moral commitment to do the work assigned. A person who performs some work has the responsibility to do it. It is the obligation to carry out the assigned [...]