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Why should organization have objectives?
Organisation should have objectives because any business unit or enterprise are based on some guidelines. Objectives is necessary inorder to know what any business is upto. How they are regulated. Are they to satisfy want or just maximise profit.
Main characteristics of formal and informal organization?
Main characteristics of formal organisation * Deliberately planned and created * Concerned with the co-ordination of activities * Hierarchically structured with stated objectives * Based on certain principles such as the specification of tasks * Organization structure is laid down by the top management to achieve organizational goals. * Organization structure is based on division of labor and specialization to achieve efficiency in the operations. * The authority and responsibility relationships created by the organization structure are to be honored by everyone. * Developed through delegation of authority * Organization structure concentrates on the jobs to be performed and not the individuals who are to perform jobs. * The organization does not take into consideration the sentiments of organizational members. Main characteristics of informal organisation * The informal organisation is flexible and loosely structured * Relationships may be left undefined * Membership is spontaneous and with varying degrees of involvement * Involves two or more people * Informal relationships, groupings & interactions * Repeated contacts but without any conscious joint purpose * Involves the human need to socialize * Includes both friendly and hostile relationships and interactions * Informal association precedes formal organization, as it requires preliminary (informal) contact and interaction before establishment
What are the objectives of the Closing process group?
To receive formal confirmation that the project or phase has ended To tie up any loose ends related to project deliverables and activities. To obtain authorization to close the project or phase -Formally closing a project or phase -Finalizing all project activities
What is the main objectives of any project?
Scope Performance Cost Time
Any five reasons why planning is important in organisation?
Planning improves time and reduces cost
Is Costco's business structure formal or informal?
Any legal business is a formal organisation
Why should organization have objectives?
Organisation should have objectives because any business unit or enterprise are based on some guidelines. Objectives is necessary inorder to know what any business is upto. How they are regulated. Are they to satisfy want or just maximise profit.
What happens to a business if they don't have a business policy?
Policies specify a business organizations response to a situation as a plan in guiding a decision.Policies exist at all levels in the business organisation related to its structural & functional aspects.It is derived from the objectives of the business organisation. Without a policy a business will operate in an anarchic/arbitrary way with no guidelines or objectives at any level of the business organisation.
What are the common factors of any organisation?
people objectives structure management interactions and effects of the people in order to achieve objectives channelled and co-ordinated through structure directed and controlled via management
What are the objectives for Asda?
The same as for any commercial organisation - to trade and make a profit.If you're talking about the game, all you have to do is quests and raid elite feilds to level your character as high as possible.
What is voluntary organisation How is it deffer from the NGO?
voluntary organisation is the organisation that render service without any payment as reward.example of voluntary organisation is MAN 'O' WAR.
What is the business policy and explain the importance of business policy?
A business policy is : guidelines to facilitate achieve predetermined objective as plan(decision making) involving all levels of the management in any business organisation.It set a statement on the mode and manner how the objectives will be achieved. Without a policy the organisation will function arbitrarily in an anarchic way and may not reach its objectives.
Is the fraction three sevenths an irrational number?
The formal definition of rational numbers is: Any fractionwith whole numbers on top and bottom.
What does usted ella es mean?
These three words do not form any kind of sentence. Usted = You (singular-Formal) Ella = She es = is
What are objectives of wholesalers?
the objectives of a wholesaler is to sell a large amount of any product to the end buyer.
Why is the subject human behaviour in organization importance both managers and adiministrations?
It is the major key for the success of any organisation.As it is the thing that help managers to know the knowledge and skills of an employees.they can know clearly how to deal with the employees. it is the effective ways to gain profit and achieve the objectives of an organisation.
What are personnel policies discuss the process of policy formulation?
i) To Achieve the objectives of the organisation: Polices are guide to action towards the objectives of the organisation so they must be known to ever concerned person in order to concentrate their efforts towards the objectives.(ii) Uniformity in decisions: Personnel polices furnish the general standard or basis on which decisions are reached. Decisions in one organisation are taken by the various line authorities keeping in view the personnel polices and thus uniformity of action is maintained similar cases. There is the least possibility of workers' exploitation through base decisions.(iii) Delegation of authority possible: Delegation of authority means assigning work to others and give them authority to do it. Personnel policies help the executives at various levels of decision centres to act with confidence without consulting the superiors every time. They give a manger liberty to choose the alternatives provided an to decide upon the action.(iv) Better control: Better control : As personnel polices specify relationship among organisation, management and workers, 50 each group works for the achievement of the large objectives of the organisation without any policy conflicts. Thus it provides better control.(v) Evaluating Efficiency: Policy provides standards the execution of work. Efficiency of each group may be evaluated by performance in the light of the policy. It may be assessed whether organisation has achieved the desired results set in the policy. Policy maybe amended or a new policy mat be formulated in the light of the actual performance.(vi) Confidence: Policy provides the workers a security against exploitation. It creates confidence in the in the employees. They may know where they stand in relation to the organisation.(vii) Motivation of workers: Policy makes the employee aware of the objectives of the organisation and guides the workers in achieving them. So they work enthusiastically and with loyalty to gt those objectives.(viii) Guide to management: Policy provides guidance to management in relation to the personnel problems they resolve how to get work done by the people at work or how to behave them.
