Question

Informal O. OR Explain any four points of importance of lanning function of management.

Accepted Answer

(a) Difference between Formal Organisation and Informal Organisation (Any six) Basis Formal Organisation Informal Organisation --- --- --- i Meaning It is a structure of authority relationships created by management It is a network of social relation-ships arising out of interac-tion among employees. ii Origin It arises as a result of company rules and policies It arises as a result of social interaction. iii Authority It arises out of postion in manage- ment.. It arises out of personal qualities. iv Behaviour It is directed by rules There is no set behaviour pattern. v Nature It is rigid in nature. It is flexible in nature. vi Leadership Managers are leaders Leaders may or not be managers. They are selec- ted by the group. vii Flow of communicatio n Communication takes place through the scalar chain Flow of communication is not through a planned route. It can take place in any direction. OR (b) Explain any four points of importance of Planning function of management. (b) Importance of Planning function of management: (i) Planning provides direction. (ii) Planning reduces the risk of uncertainty. (iii) Planning reduces overlapping and wasteful activities. (iv) Planning promotes innovative ideas. (v) Planning facilitates decision making. (vi) Planning establishes standards for controlling

(a)
Informal
O .
OR
(b) Explain any four points of importance of lanning function of
management.

Marking-scheme solution

More from Organising

Basis	Formal Organisation	Informal Organisation
i Meaning	It is a structure of authority relationships created by management	It is a network of social relation-ships arising out of interac-tion among employees.
ii Origin	It arises as a result of company rules and policies	It arises as a result of social interaction.
iii Authority	It arises out of postion in manage- ment..	It arises out of personal qualities.
iv Behaviour	It is directed by rules	There is no set behaviour pattern.
v Nature	It is rigid in nature.	It is flexible in nature.
vi Leadership	Managers are leaders	Leaders may or not be managers. They are selec- ted by the group.
vii Flow of communicatio n	Communication takes place through the scalar chain	Flow of communication is not through a planned route. It can take place in any direction.

(a)Informal(a)O .OR (b) Explain any four points of importance of lanning function of(a)management.

Marking-scheme solution

More from Organising

(a)
Informal
O .
OR
(b) Explain any four points of importance of lanning function of
management.