After reading this article you will learn about the meaning and nature of organisation. Meaning of Organisation: In common parlance, 'organisation' refers to 'institution'. An educational institution, private agency, Government department or a business firm are organisations. In the context of management, it refers to formal arrangement of work amongst members of the institution with clear identification of authority and [...]
Read this essay to learn about Decision-Making in an Organisation. After reading this essay you will learn about:- 1. Meaning of Decision-Making 2. Features of Decision-Making 3. Process 4. Approaches 5. Environment 6. Techniques 7. Models. Contents: Essay on the Meaning of Decision-Making Essay on the Features of Decision-Making Essay on the Process of Decision-Making Essay on the Approaches to [...]
This article will help you to learn about the difference between individual and group decisions. Differences between Individual and Group Decisions Difference - Individual Decisions 1. Decisions are taken by a single individual. 2. Individual decisions are less costly. 3. They are based on limited information gathered by managers. 4. Individual decisions are taken in situations of crisis or emergency. [...]