Question
An organizational structure that is characterized by
democratic and inclusive styles of management can be described as ?Solution
Democratic structures tend to be flat as they accommodate more people in the decision making process. With a democratic management style, subordinates are involved in making decisions. Democratic management involves extensive communication from both managers and subordinates. This management style can be particularly useful when various specialized skills are needed to complete a project. Democratic management can only be successful when decision making processes are streamlined and managed properly. With democratic management, subordinates tend to participate more and have higher job satisfaction.
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___________ is appointed as the interim MD & CEO of Bandhan Bank effective from July 10.Β
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