State any one advantage of ‘Formal Organisation’.
In a formal organisation, there is no ambiguity in the role that each member has to play as duties are specified. This also helps in avoiding duplication of effort.
Give the meaning of ‘Authority’ as an element of delegation.
A company has been registered under the Companies Act with an authorized share capital of `20,000 crores. Its registered office is situated in Delhi and manufacturing unit in a backward district of Rajasthan. Its marketing department is situated in Bhopal.
The company is manufacturing Fast Moving Consumer Goods (FMCG).
(i) Suggest with the help of a diagram a suitable organization structure for the company.
(ii) State any three advantages of this organization structure.
State any three advantages of formal organization.
’Organising involves a series of steps in order to achieve the desired goals.” Explain these steps.
