Delegation occurs when someone with authority confers upon another person the power to do a particular task. Delegation is usually a one-way street - superiors delegate authority to subordinates. However, ultimate responsibility for task completion usually remains the responsibility of the person who delegated the authority to complete it. For example, a sale manager in an enterprise can share his duties with his immediate subordinates who in turn delegate them to their subordinates. The process of delegation of authority results in what is known as 'boss-subordinate relationship" and also gives rise to an organization.
What is the main change introduced by SEBI regarding the listing time for specified securities post the public issue closure?
The production planning department prepares a list of materials and stores required for the completion of a specific job order, this list is known as:
Refer the below details and answer question 23:
What is the focus of the collaboration between IIT Madras and GIC Re in February 2023?
Calculate the asset turnover from the above information.
Capital gearing ratio is?
What will be the impact on Return on Equity if cash is paid to the creditors?
Post office saving deposit is part of
As per the revised instructions, the credit balance in any deposit account maintained with banks, which have not been operated upon for how many years o...
Which of the following can be sources of organisational control?