Define ‘Formal Communication’.
When an organization communication occurs by following the prescribed or official or predetermined rules, policy and regulation of the organization, it is called formal communication. Formal communication is governed by the established chain of command.
Identify the nature of management when it is said to be systematised body of knowledge that explain certain general truths.
Explain the technique of scientific management that is the extension of ‘Principle of division of work and specialisation’.
Planning is done for achieving the organisational goals. Do you agree? Give one reason in support of your answer.
Explain how the principles of management:
a. Provide useful insights into the reality and
b. Help in thoughtful decision making.
At which level of management are the managers responsible for the welfare and survival of the organisation?