What is Chain of Command? A chain of command is the distinct and clear line of authority among the job positions in the organization. It clarifies who holds what position i.e. authority and who should report to whom. It creates the hierarchy of reporting relationships, at the top including top executives, say, founder, CEO, etc.,…
What is Departmentalization By Function? Departmentalization by function, also called, functional departmentalization is the most common form of departmentation. It is the process where one type of activity with a similar nature is grouped into one unit/department and other types of activities into other departments. Functional departmentation promotes division of work and provides benefits of…
What is Departmentalization by Time? Departmentalization by time is an organizational structure-creating method in which departments are created on the basis of time to perform the activities. Usually, the departments are created on time to work as day shift, morning shift, evening shift, night shift, and so on. According to the shift, a separate department…
Objectives of Management The objective of management can be referred to as its basic goals. Primarily talking about objectives of management are the decisions, actions, and practices taken by management to bring smoothness and productivity to the organization. Management has an important role in the prosperity and progress of the business by handling the company’s…