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What purpose management control system fulfills? / What are the objectives of management control system? Control is one of the important functions of management. Control ensures the proper execution of these functions. The manager exercise certain degree of control over Read More …
Organization Structure can be classified into a limited number of standard types. The type that is most suitable for a given firm will depend on the size of a firm and complexity as well as its strategy. The four basic Read More …
The organizational structure refers to the formal and informal arrangement of tasks, responsibilities and lines of authority and reporting relationships by which the firm is administered. Two basic kinds of organizational structures exist: (1) a formal organizational structure, and (2) an informal Read More …