After reading this article you will learn about the organisation structure and its compatibility to management objectives. Organisation Structure: Formal Organisations are contrived social entities designed to fulfill specific purposes. Organizations constitute a group of individuals of varying levels of expertise combined into a social structure of some type to accomplish one or more functions. The purpose of organising is [...]
After reading this article you will learn about:- 1. Concept of Group 2. Characteristics of Groups 3. Reasons for Formation of Groups 4. Structure 5. Types 6. Advantages 7. Disadvantages. Concept of Group: Groups are made up of individuals. Two or more individuals, just together, do not form a group, the force of relationship is a must to make them [...]
Decisions may be of different types. Some of the important types of managerial decisions are explained as follows:- 1. Programmed and Non-Programmed Decisions 2. Major and Minor Decisions 3. Routine and Strategic Decisions 4. Organizational and Personal Decisions 5. Individual and Group Decisions 6. Policy and Operation Decisions and 7. Long-Term Departmental and Non-Economic Decisions. Type # 1. Programmed and [...]