After reading this article you will learn about:- 1. Meaning of Responsibility 2. Concept of Responsibility 3. Forms. Meaning of Responsibility: Responsibility is the task entrusted by managers to subordinates. It means moral commitment to do the work assigned. A person who performs some work has the responsibility to do it. It is the obligation to carry out the assigned [...]
This article will help you to learn about the difference between authority and power. Difference between Authority and Power Difference - Authority 1. Formalization: It is the formal right of a person to issue orders and instructions to subordinates. 2. Position: It is related to position that a person holds in the organisational hierarchy. It is institutional in nature. 3. [...]
This article provides a short note on line and staff authority. Line authority is exercised by the superior over his immediate subordinates. This forms a chain of authority from top to bottom. People who exercise line authority are known as line managers. Staff managers assist line managers (in advisory capacity) in discharging their duties efficiently. While production, marketing, finance and [...]