Business Studies

Formal organisation is based on _________.


ANSWER

delegation of authority


SOLUTION
Formal organisational structure clearly spells out the job to be performed by each individual, the authority, responsibility, the designation, the superior subordinate relationship. It is based on delegation of authority. The person with highest authority is considered as the leader. 
View Full Answer

Its FREE, you're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Medium Published on 18th 09, 2020
Next Question
Questions 203525
Subjects 9
Chapters 126
Enrolled Students 127
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Responsibility can be delegated.
  • A. True
  • B. Partly true
  • C. None of above
  • D. False

Asked in: Business Studies - Organising


1 Verified Answer | Published on 18th 09, 2020

View Answer
Q2 Single Correct Medium
Which form of departmentalization would be most appropriate in companies that have distinctly different product lines?
  • A. Functional departmentalization
  • B. Customer departmentalization
  • C. Geographical departmentalization
  • D. Product departmentalization

Asked in: Business Studies - Organising


1 Verified Answer | Published on 18th 09, 2020

View Answer
Q3 Subjective Medium
Four Mark Question:
State any four advantages of formal organisation.

Asked in: Business Studies - Organising


1 Verified Answer | Published on 18th 09, 2020

View Answer
Q4 Single Correct Medium
The firm that seeks to achieve growth with existing products in their current market segment, aiming to increase its market share is called ___________.
  • A. Market Development
  • B. Product Development
  • C. Product Mix
  • D. Market Penetration

Asked in: Business Studies - Organising


1 Verified Answer | Published on 18th 09, 2020

View Answer
Q5 Subjective Medium
Six Mark Question:
A company is manufacturing Televisions, Refrigerators, Air-conditioners, Washing' machines and Gas stoves using different productive resources and is at the threshold of growth, requiring more employees.
Suggest a suitable organisational structure for this company giving reason in support of your answer. Also explain any three advantages and two limitations of this structure of organising.

Asked in: Business Studies - Organising


1 Verified Answer | Published on 18th 09, 2020

View Answer