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Differentiate between formal and informal organization on the basis of the following:
Authority
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Differentiate between formal and informal organization on the basis of the following:
Flow of communication
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Differentiate between formal and informal organization on the basis of the following:
Nature
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‘Maintaining labour relations and union-management relations’ is one of the specialised activities performed by Human Resource Management. Mention any two other specialised activities of Human Resource Management.
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Define organization as a structure.
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Differentiate between formal and informal organization on the following basis:
Behaviour
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The differential between 'Functional and 'Divisional' structure of organising on the basis of the following:
Meaning
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The differential between 'Functional and 'Divisional' structure of organising on the basis of the
following:
Formation
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A differential between 'Functional and 'Divisional' structure of organising on the basis of the following:
Specialisation
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A differential between 'Functional and 'Divisional' structure of organising on the basis of the following:
Responsibility
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A differential between 'Functional and 'Divisional' structure of organising on the basis of the following:
Managerial development
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A differential between 'Functional and 'Divisional' structure of organising on the basis of the following:
Cost involved
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Indian Railways has launched a new broad gauge solar power train which is going to be a path-breaking leap towards making trains greener and more environmentally friendly. The solar power DEMU (Diesel Electric Multiple Unit) has 6 trailer coaches and is expected to save about 21,000 liters of diesel and ensure a cost saving of Rs 12, 00,000 per year. Name the objectives of management achieved by Indian Railways in the above case.
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How does understanding of business environment help in improving performance of a business?
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Why it is important for business enterprises to understand their environment? Explain.
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Answer the following question.
Explain any four points regarding the significance of the principles of management.
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Planning Reduces Creativity. Critically Comment.(Hint: Both the Points - Planning Promotes Innovative Ideas and Planning Reduces Creativity – Will Be Given).
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An auto company C Ltd. is facing a problem of declining market share due to increased competition from other new and existing players in the market. Its competitors are introducing lower priced models for mass consumers who are price sensitive. C Ltd. realized that it needs to take steps immediately to improve its market standing in the future . For quality conscious consumers, C Limited plans to introduce new models with added features and new technological advancements. The company has formed a team with representatives from all the levels of management. This team will brainstorm and will determine the steps that will be adopted by the organisation for implementing the above strategy. Explain the features of Planning highlighted in the situation given below.(Hint: Planning is pervasive, Planning is futuristic and Planning is a mental exercise).
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Identify the network of social relationships which arises spontaneously due to interaction at work.
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What does the term ‘Span of management’ refer to?
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