Question
When decision making is easy in an organisation due to
the existence of rules, standardised processes and procedures which are to be followed, What type of an organisation is it?Solution
A bureaucratic organisation is one which is based on the element that efficient organizational management requires two elements. The first is establishing a strict leadership hierarchy, otherwise called organizational hierarchy. The second is the establishment of firm rules, procedures, and regulations to maintain control which is referred to as rational-legal decision-making rules.
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 ‘Global Financial Stability Report’ is prepared by the :
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