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Ask QuestionPosted by Harsh Bhati 4 years, 9 months ago
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Yogita Ingle 4 years, 9 months ago
Debenture: It is a document issued by a company under its common seal acknowledging the debt and it also contains the terms of repayment of debt and payment of interest at a specified rate.
Section 2 (30) of Companies Act, 2013 defines debenture as “Debenture includes debenture stock, bonds or any other instrument of a company evidencing a debt, whether constituting a charge on the company’s assets or not.”
Debentures are generally freely transferable by the debenture holder. Debenture holders have no rights to vote in the company’s general meetings of shareholders. The interest paid to them is a charge against profit in the company’s financial statements.
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Aaina Gupta 4 years, 9 months ago
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Gaurav Kashyap 4 years, 8 months ago
Ayush Kaushik 4 years, 9 months ago
Yogita Ingle 4 years, 9 months ago
Management is an art of getting things done with and through others. Management can be defined as, the process of getting things done with the aim of achieving organizational goals effectively and efficiently.
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Lunatic .. 4 years, 9 months ago
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Yogita Ingle 4 years, 9 months ago
| <div>Bases</div> | <div>Delegation of authority</div> | <div>Decentralization of authority</div> |
| <div>Nature</div> | <div>Process of transferring authority and creation of responsibility between superior and subordinates is called delegation. It can take place without decentralization</div> | <div>Decentralization is delegation of and dispersion of authority. It is not possible without delegation of authority</div> |
| <div> Purpose</div> | <div>It minimizes the burden of managers of unit, departments or plant</div> | <div>It prepares the organizational participants of the organization</div> |
| <div> Relationship</div> | <div>Relationship is between superior and immediate subordinates are indicated</div> | <div>Relationship is between top level, management, departments and units</div> |
| <div> Techniques</div> | <div>It is technique of management used to get the things done through others</div> | <div>It is both philosophy and technique of management</div> |
| <div> Parties</div> | <div>It is confined to manager and subordinates</div> | <div>It involves all managers at all level and relates relationship between departments, sections and units.</div> |
| <div> Responsibilities</div> | <div>Authority is only delegated, not responsibilities</div> | <div>Superior is relieved from responsibilities too</div> |
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Necessity |
<div>Very important to management process</div> | <div>It is optional and situational as per the need</div> |
| <div> Control</div> |
Control remains in hand of superior who supervise the activities of subordinates |
<div>Control is delegated and decentralized to the departmental managers</div> |
| <div> Withdrawal of authority</div> | <div>It can be withdrawn by delegator at any time</div> | <div>Withdrawal of authority is not simple.</div> |
Asad Ahmad 4 years, 9 months ago
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Kashish Madaan 4 years, 9 months ago
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Posted by Abhishek Tariyal 4 years, 9 months ago
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Yogita Ingle 4 years, 9 months ago
(1) COORDINATION REFERS TO : Synchronization of various activities and efforts of
• all individuals,
• groups
• departments
in common direction to achieve the goals of the organization.
(2) LACK OF COORDINATION RESULTS IN :
• overlapping,
• duplication of efforts,
• delay in work and chaos.
(3) COORDINATION ENSURES THAT :
• right person is assigned right job,
• right job is performed at the right time,
• right product/service is delivered to the customer at the right time.
Jasmine Sharma 4 years, 9 months ago
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Akanksha Srivastava 4 years, 9 months ago
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Md Zaidparwez 4 years, 8 months ago
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