English

Explain the following principle of management. Authority and Responsibility - Business Studies

Advertisements
Advertisements

Questions

Explain the following principle of management.

Authority and Responsibility

Explain the principle of authority and responsibility.

Write a short note on Authority and Responsibility.

Explain
Short/Brief Note
Advertisements

Solution

Authority refers to the power to give commands and directions to subordinates. Herein, power is given to decide what activities are to be done and by whom. On the other hand, responsibility refers to the obligation to complete the assigned task within the stipulated time. According to this principle, managers should keep a balance between authority and responsibility.

shaalaa.com
  Is there an error in this question or solution?
Chapter 6: Principles of Management - EXERCISES [Page 162]

APPEARS IN

C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 6 Principles of Management
EXERCISES | Q 9. | Page 162
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 6 Principles of Management
EXERCISES | Q 12. | Page 162
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 6 Principles of Management
QUESTION BANK | Q 9. (i) | Page 165
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 6 Principles of Management
QUESTION BANK | Q 9. (ii) | Page 165

Video TutorialsVIEW ALL [1]

RELATED QUESTIONS

Explain any four characteristics of ‘principles of management’.


Explain why is it said that principles of management are 'mainly behavioural' and 'contingent' in nature. Also explain how principles of management 'provides managers with useful insights into reality' and 'helps in thoughtful decision-making'.


Explain unity of command and equity as principles of general management


Explain briefly Espirit de Corps and Order as general principles of management.


Explain the following principle of management:

Discipline


Explain the following principles of management:

Development of Each and Every Person to His or Her Greatest Efficiency.


Management principles influence .................. .


There are .................. levels of management in a business organisation.


 The principle of management relates to justice and kindness.


State the features of disaster management.


Explain the principle of ‘Scalar Chain’ and gang plank.


Write a word or phrase or a term which can substitute the following.
The principle of management which says unity is strength.


Explain how the principles of management help the managers:
(i) in taking scientific decisions; and
(ii) in providing the managers with useful insights into real-world situations.


Match the correct pairs.

Group A  Group B
A. Henry Fayol  1. One Head One Plan
B. Principle of Unity of Direction  2. gangplank
C. Nature of principles of Management  3. to do work in an innovative way
D. Principles of Initiative  4. team spirit
E. Principle of Discipline  5. Father of Modern Management
  6. general guidelines
  7. right to take decisions
  8. F W Taylor
  9. remuneration
  10. obey and respect the rules

Principles of management cannot be ______.


After completing her Bachelors in Fashion Designing from a well-known college in France, Aditi has opened a boutique in a posh market in Kolkata. She has divided the work in smaller units and each employee is well trained to perform his/her task efficiently. The sales persons are allowed to close a deal with a buyer by giving a maximum of 5 percent discount, whereas the decision to give any further discount rests with Aditi as the final authority.

In the earlier period of her business venture, employees were asked to put in extra hours of work. In return she had promised to give them a special incentive within a year. Therefore, when the business was doing well, she honour her commitment by giving bonus to her employees. She also instructed her employees that communication from top to bottom should follow the official lines of command. However, she tends to be more biased towards her female employees, when it comes to solve the conflicts among employees.

“Therefore, when the business was doing well, she honoured her commitment by giving bonus to her employees.” Which principle of management is being highlighted here?


Which of the following statements is false with respect to principles of management?


"M/s J.K. Computers’ is a small organisation engaged in assembling of computers. In this organisation, decision making rests with top management while the middle level is involved in only the implementation of plans. On the other hand, ‘Progressive Computers Ltd." is a large company where a number of people from each level are involved in the decision-making process.

The application of the principle of ‘Centra- lisation and Decentralisaton’ is different in the two organisations as the situation in each enterprise is not same.

From the following identify the nature of principles of management: 


Principles of Management are not as accurate as principles of Science because ______.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×