Short Answer TypeWhat should be done while 'taking corrective action' in the process of controlling when especially in the important areas deviations go beyond the acceptable range?
Name and explain the principle of management according to which a manager should replace 'I' with 'We' in all his conversations with workers.
Explain the following as features of Planning:
(a) Planning is continuous, and (b) Planning is futuristic.
(a) Planning is continuous: Plans are prepared for a specific period of time, may be for a month, a quarter, or a year. At the end of that period there is need for a new plan to be drawn on the basis of new requirements and future conditions. Hence, planning is a continuous process.
(b) Planning is futuristic: Planning essentially involves looking ahead and preparing for the future. The purpose of planning is to meet future events effectively to the best advantage of an organisation. Thus it is futuristic in nature.
Distinguish between 'Delegation' and 'Decentralisation' on the basis of the following:
(a) Purpose; (b) Scope; (c) Status; and (d) Nature.
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