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as an enterpreneur ,if given 50000 what business would you do?
Merits of specialisation include: Being able to provide a focused, specific and personalized service to their customers means that sole traders can thrive solitary tra
What are the human relations of a successful manager? Human Relations skill: Human Relations skill considers as the capability to work effectively along with others and b
What do you mean by dependent in the workmen compensation act 1923s? Dependent implies that there is as: • A widow, unmarried daughter, a minor son or a widowed mother and
Explain the Vision of an Entrepreneur. Vision: An entrepreneur has visualizes the methods and means to get dream. In doing the same he visualizes, that: Market Demands, Soic
In the contemporary era, the board of directors has to shoulder larger responsibilities so as to meet the increasing demands of the market place. Running a corporation only to earn
What is the difference between Criminal and Civil Law? Provide a real-world example of a dispute that would classified as civil law and one that could be classified as criminal la
What are the principles of delegation of authority? Principles of delegation of authority: a. Parity in between authority and responsibility: There must be whole parity
A quality circle is a completely voluntary group of 6 to 8 workers of a shop or who meet regularly during company time once very fortnight or ever month under die leadership o
QUESTION 1 (a) Using suitable examples distinguish between formal and informal organization. (b) Describe any two characteristics a formal Organisation. (c) Illustrate an
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