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Yash Arora 8 years, 2 months ago

functional structure used by organisation making one product divisional structure used by organization making more than one type of product
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Yash Arora 8 years, 2 months ago

read theory carefully while reading case study try to understand the realiton of case study with chapter once u identify chapter u can easily find concept and solution too
Ggf
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Shraddha P 8 years, 2 months ago

Management principles are broad and general guidlines for managerial decision making and behaviour of managers...they do not provide readymade solution for managerial problems ...
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Sia ? 4 years, 6 months ago

Basis of difference  Formal organisation Informal organisation 
 Meaning  'Formal organisation' refers to the relationship between authorities as defined by the management.  Refers to the  relationship based on personal and informal relationship among the employees.
 Origin  The structure originates from the rules and policies of the management. The structure originates from the social interactions among the employees.
 Authority  Authority is defined by the profile and managerial positions.  Authority is defined by the personal qualities of the employees.
 Flow of communication  Communication flows through the scalar chain.  No planned route of communication is followed.
 Nature  Formal organisations are rigid  Informal organisations are flexible
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Amar Kumar 8 years, 2 months ago

(i) Interpreting Policies: At this level, policies framed by top-level managers are interpreted. Like the marketing manager introduces his salesmen to the sales policy of the company that at no cost credit sales will be made.

(ii) Preparing Organisational Set-up: Every middle-level manager prepares outline of his respective department in accordance with the objectives of the organisation.

(iii) Appointing Employees: Every departmental manager appoints employees to fulfill the activities of his department. 

(iv) Issuing Instructions: Departmental managers direct their subordinates about what to do and how they have to do it. Needful resources are made available to subordinates so that they can do the assigned jobs uninterrupted.

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Durga Jain 8 years, 2 months ago

Management is a process of getting things done by others through effectiveness and efficiently.

Shraddha P 8 years, 2 months ago

Management is art of getting things done from other efficiently and effectively
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Sia ? 4 years, 6 months ago

BASIS FOR COMPARISON RULES POLICIES
Meaning Rules imply a set of clearly stated standards, which regulates the behavior of an individual, at the workplace. Policies refer to the principle of action laid down by the top-level management, which acts as a guide for the decision making under various circumstances.
Represents An order, which needs to be followed. A framework within which the decisions are to be made.
Determines What should be done and what should not be done by the employees. What is to be done in different circumstances.
Sources Policies and Procedures Objectives
Rigidity Highly Rigid Comparatively less Rigid
Type of Statement Specific Statement General Statement
Objective Rules are made to govern behavior and ensure compliance, to maintain discipline. Policies are formulated by the management to guide the decision making, to ensure uniformity in decisions.
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Gaurav Seth 8 years, 2 months ago

Management comprises of three dimensions, viz:

(i) Management of work It is concerned with performance of tasks in an organisation. 
(ii) Management of people It implies dealing with employees as individuals and dealing with individuals as a group.
(iii) Management of operations It is interlinked with both management of work and management of people.

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Prachi Jain 8 years, 2 months ago

By taking corrective measures
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Lucker Eager India 4 years, 11 months ago

it is advertising business

Tanmeet Randhawa 5 years, 5 months ago

To determine the movement of workers when they are performing the job

Kr Vrm 8 years, 2 months ago

Objective of motion study is that there is no unusual movement while performing a task.
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Sneh Jain 8 years, 2 months ago

Perfect competition
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Kr Vrm 8 years, 2 months ago

Privatisation is when private enterprises get permission from govt. Sector to interfere in there sector.For eg. Electricity is nowadays in some cities is privatized.

Richa Aggarwal 8 years, 2 months ago

Disinvestment that is conversion of public company to private company
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