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chapter -3 organization

CHAPTER 3 ORGANISATION MEANING OF  ORGANIZING Organizing is the frame work of an organisation to achieve the goal of an organisation. organizing is the process of arranging people and other resources to work together for achievement of goal. Organizing refers the process of bringing together physical, financial and human resources and establishing a productive relation among them for achievement of specific goals. NATURE OF ORGANISING Division of labor:- It leads to specialization which increase the efficiency of individual. Orientation towards the goal:- Every organisation have its own objective. Organisation is the function which help the employee to achieve the overall objective of the firm. Common objective:- Each and every sub-ordinate and superior efforts to achieve the organisational goal or objectives. Differenciated function:- Each one has to perform a different task and the task of one individual must be coordinated with others Coordination:- It...

notes of decision making

DECISION MAKING DEFINITION OF DECISION MAKING:- Decision making is the mental process of selecting a course of action from a set of alternatives. Decision making comprises three phases -  (a) Finding occasions for making a decision. (b) Finding possible courses of acting. (c) Choosing among courses of actiion. NATURE OR CHARACTERSTICS OF DECISION MAKING:- It is a goal oriented process:-  Decision making is a goal oriented process. It aim at achieving certain specific goals of the organisation. Selection process:- Decision making is a selection process in which best alternative course of action is choosen from the given alternative course of action. Intellectual process:- It is an intellectual process because we evaluate the alternative. Continuous process:- It is a continuous process because a manager is required to take decision continuously fpr different activities. Decision making is situational:-  It is situational because it depends upon...

chapter -2 planning

        BBA PRINCIPLE OF MANAGEMENT CHAPTER - 2 PLANNING DEFINITION OF PLANNING:- Planning can be defined as, " thinking or deciding in advance what is to be done, how it is to be done, when it is to done and by whom it should be done. NATURE OR FEATURES OF PLANNING:- Planning contribute to objective:-  planning starts with determination of objectives. We cannot think planning without objective. Planning involve decision making:-  when different alternatives are available then we needed the planning function and we have to select most suitable alternative. If there is one alternative then there is no requirement of planning. Planning is continuous process:-  Planning is never ending process because after making plans planners keep making changes in the plans according to the requirement of the company. Planning is forward looking:-  planning always looking ahead because it is not done for past. All the manager try to make assumptio...