After reading this article you will learn about:- 1. Meaning of a Committee 2. Principles of a Committee 3. Types 4. Advantages 5. Limitations. Meaning of a Committee: A committee is a group of people who work collectively, discuss, decide and recommend solutions to the problems (of a concern) which possibly cannot be solved by an individual. A committee consists [...]
After reading this article you will learn about:- 1. Meaning of Departmentation 2. Aims of Departmentation 3. Methods 4. Advantages. Meaning of Departmentation: When the size of an enterprise grows, the number of employees (persons) also increases. There is a limitation on the number of persons an enterprise can manage directly. This limitation restricts the size of enterprise if the [...]
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 [...]