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

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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
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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.

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Chapter 6: Principles of Management - EXERCISES [Page 162]

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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

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