Business Studies

One Mark Question:
Give the meaning of 'Authority' as an element of delegation: 


SOLUTION
Authority: To fulfill the responsibility, certain authority is delegated to the subordinate. Authority means the power to take decisions. Hence, the manager along with the responsibility also delegates authority to enable the subordinate to take decisions independently and accomplish the task efficiently.
The authority must be equal to the responsibility, this means, a certain level of authority is delegated which is sufficient to complete the responsibility. The authority also flows upward, as we go up in the scalar chain, the authority increases.
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Subjective Medium Published on 18th 09, 2020
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