Explain the concept of 'Motivation' and 'Leadership'.
Motivation: is the process of stimulating people to action, to accomplish desired goals. It is an act of stimulating someone or oneself to get a desired course of action. It helps to identify and satisfy the needs of human resources in the organisation and thereby helps in improving their performance
Leadership: It is the process of influencing the behavior of others to work willingly and enthusiastically for achieving predetermined goals. It indicates the ability of an individual to maintain good interpersonal relations with followers and motivate them to contribute for achieving organisational objectives.
Why is staffing considered an important function of management in all types of organisations? State any three reasons.
If we delegate the authority, we multiply it by two, if we decentralize it, we multiply it by many. In the light of this statement explain any four points of importance of decentralization.
What is meant by 'Budgetary Control' as a technique of controlling? State any three advantages of it.
'Internal sources of recruitment are better than external sources of recruitment.' Explain any five reasons in support of this statement.
What is meant by 'Functional Structure' of an organisation? State any five advantages of this form of organizational structure.
