Ppt on organisation
- 1. Principal of Management By: Dr. Neetu Sharma Assistant Professor Department of Commerce and Management Career College,Bhopal
- 3. OOooo
- 4. Meaning: An entrepreneur organizes various factors of production like land, labour, capital, machinery, etc. for channelizing them into productive activities. The product finally reaches consumers through various agencies. Business activities are divided into various functions, these functions are assigned to different individuals. Various individual efforts must lead to the achievement of common business goals. Organization is the structural framework of duties and responsibilities required of personnel in performing various functions with a view to achieve business goals through organization. Management tries to combine various business activities to accomplish predetermined goals.
- 5. The establishment of authority relationships with provision for co-ordination between them, both vertically and horizontally in the enterprise structure.” These authors view organization as a coordinating point among various persons in the business. Koontz and O’Donnell,
- 7. 1. The Lines of Authority should be Clearly Stated and should Run from Top to Bottom of the Organization. 2. Each Person in the Organization should Report to Only One Boss 3. The Responsibility and Authority of each Supervisor should be Established Clearly and in Writing 4. The Higher Managers are Responsible for the Acts of their Subordinates 5.The Authority and Responsibility should be Delegated as far Down the Hierarchical Line as Objectively Possible
- 8. 6. The Number of Levels of Authority should be as Few as Possible 7. The Principle of Specialization should be Applied wherever Possible 8. The Span of Control should be Reasonable and 9. Well Established 10. The Organization should be Simple and Flexible:
- 9. Importance / Benefits of Organization Attainment of Objectives Minimise Conflicts Effective Administration
- 10. Elimination of overlapping and duplication Facilitates growth and diversification It decreases likelihood or run-around
- 11. Easy communication It helps to promotion Optimum use of organizational resources
- 12. Reduction in workload of top management Increased coordination and sense of pride