Question
In a rigid, traditional bureaucracy, an Assistant
Manager in Department A needs to communicate urgently with an Assistant Manager in Department B to prevent a production error. Following the formal Chain of Command would take too long. According to Henri Fayol, the structural innovation that allows these two individuals to communicate directly across departments is known as ______Solution
Fayol recognized that the strict Scalar Chain (vertical hierarchy) could lead to dangerous delays. He proposed the Gang Plank (or bridge), which allows lateral communication between peers in different departments, provided their respective superiors are informed and have given prior consent, thus maintaining the hierarchy while ensuring speed.
As per Section 63(1), a company can issue fully paid up bonus shares to its members out of:
A delay of 31 to 60 days in repayment of loan obligation to a bank will be classified under which category as per IRAC norms?
ABD Limited received 5,90,000 as premium on new policies and 1,20,000 as renewal premium. The company received 90,000 towards reinsurance accepted and p...
With amortized loans, such as a mortgage, which of the following statements is correct?
Read the following information to answer the below questions:
___________, the greater will be its social prestige.
Which section of the Companies Act, 2013, deals with the 'Appointment and Qualifications of Directors'?
Which of the following is responsible for appointing auditors of government 5 companies?
Omega Ltd. has idle capacity and receives a special export order for 2,000 units at â‚ą420 per unit. Normal price = â‚ą500. Unit variable cost = â‚ą350....
If company’s cash conversion cycle decreases, what likely happened?
