The process of delegation involves the following steps: 1. Determination of Expected Results 2. Assignment of Duties 3. Authorization for Action 4. Creation of Obligations. Process of Delegation (with Steps) Process of Delegation – Top 4 Steps: Determination of Expected Results, Assignment of Duties, Authorization for Action and Creation of Obligations The complete process of delegation of authority involves the [...]
The company is an instrument that unites the efforts of great number of people -shareholders, directors, members of the top management team and the functional or departmental managers and their subordinates. The shareholders who provide the funds for the company are commonly regarded as the 'owner' of the company and its business and property. Legally, they are not the owners; [...]
Learn about: 1. Introduction to Business Ideas 2. Definitions and Features of Business Ideas 3. Need 4. Aspects 5. Sources 6. Elements of Idea Generation 7. Idea Generation Techniques 8. How to Evaluate Ideas 9. Ideation Techniques, Catalysts and Inhibitors and Opportunity Maps 10. Feasibility Analysis 11. Converting a Business Idea into a Business Opportunity. Business Ideas: Introduction, Definition, Features, [...]