Business Tips

RECRUITMENT

The term Recruitment denoted that process by which the management locates the source of supply of manpower and then traps that source and it encourages outside manpower to apply for the jobs in the organization and search for the proper person for the right type of job at the right […]

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DECENTRALIZATION AND CENTRALISATION

DECENTRALIZATION Decentralization is a systematic effort to delegate to the lowest levels of the authority except that which can be expected that can be exercised at central points. It is the pushing down of authority and power of the decision-making to the lower levels of the organization and the essence […]

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DELEGATION OF AUTHORITY

Just as no person alone in an enterprise can do all the tasks necessary for the accomplishment of goals, so also it is impossible, for one person to exercise all the authority for making decisions. There is a limit to the number of person managers can effectively supervise and for […]

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INFORMAL ORGANIZATION

Informal organization refers to relationships between individuals in the organization based on interest, personal attitudes, emotions, prejudices, likes, dislikes, physical location, the similarity of work et. The informal organization comes into existence because of the limitations of the formal structure and it represents a natural grouping of people in working […]

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