ORGANISING class 12 business studies ONE SHOT | Chapter 5 bst | Gaurav Jain

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• organising refers to arrangement of anything in an organized way and making efficient use of resources. •PROCESS• (a) identification and division of work Work : division of total work in small slots. (b) Departmentalisation : Keeping similar and related jobs into one department. • Functional departmentalisation •Divisional departmentalisation (c) Assignment of duties (d) Establishing reporting relationship. # IMPORTANCE OF ORGANISING • optimum utilisation of resources • specialisation • effective administration • help in adoption to change • expansion and growth # ORGANISATION STRUCTURE • refers to framework under which all managerial and operational tasks are performed. # TYPES OF STRUCTURES •Functional structure : job related to common function are put under 1 department ••ADVANTAGES•• a) easy supervision b) specialisation c) increase efficiency d) effective training ••DISADVANTAGES•• a) lack of flexibility b) lack of accountability c) departmental goal become more superior than organisational goal. • DIVISIONAL STRUCTURE When organisation strat producing product of diffrent varities then all activities related to a specific product are grouped under 1 department . ••ADVANTAGES•• a) Fast decision b) essy accountability c) expansion and growth •• DISADVANTAGES •• a)More resources required b) conflict in allocation of resources c) individual product focus # FORMAL ORGANISATIONS --When managers are carrying on organising process then as a result of organising process an organisational structure is to be created to achieve systematic working. •• ADVANTAGES •• a) systematic working b) no overlapping of work c) achievement of organisational objective d) more emphasis on work. •• DISADVANTAGES •• a) delay in action b) ignore social needs of employees c) emphasis work only # INFORMAL ORGANISATIONS ---when individual interact with each other and create a friendly belonging in organisation •• ADVANTAGES•• a) fast communication b) fulfill social needs c) correct feedback •• DISADVANTAGES•• a)spread rumours b) no systematic working c) may bring negative result # Delegation Of Authority When manager get overburden with work, he transfer some of his work to lower level management ∆ RESPONSIBILITY: It means work assigned to an individual the delegation begins wehn manager passes. ∆ AUTHORITY: It means power to take decisions ∆ ACCOUNTABILITY It means sub-ordinates will be answerable in non-completition of task. # IMPORTANCE OF DELEGATION • effective management • better coordination • reduce work load of manager • employees development ∆ CENTRALISATION and DECENTRALISATION ••Centralisation refers to concentration of power in few hands i,e Top level management only . ••Decentralisation can be defined as systematic distribution of authority at every level of management. # IMPORTANCE •Quick decision • better control • Improve teamwork • relief to top level management

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Organisations process -DDAE 1- division of work 2-departmentastion 3- assignment of duties 4- establishment of reportand relationship

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