insurance accounting

auto insurance,health insurance,american family insurance,cheap car insurance for ladies,how to donate car,donate car,insurance lawyers

  • Beranda
Home → Tanpa Kategori → Concept And Meaning Of Delegation Of Authority

Concept And Meaning Of Delegation Of Authority

Capsul Tube
Add Comment
Thursday, May 9, 2013
The process of assignment of specific work to individuals within the organization and giving them the right to perform those works is delegation. Delegation of authority is one of the most significant concepts in management practice, which affects managerial functions. Management is the art of getting things done through others and delegation means to get the results through the subordinates. The expansion of business volume and diversification of line of business makes it impracticable to handle all the business by a single manager. Therefore, the concept of delegation of some managerial authority to subordinates comes into practice in present day business organizations.Here, the manager delegates some of his authority to his subordinates. This helps in developing a feeling of dedication to the work among the subordinates. The top level management plays only the role of a supervisor and visits them to provide guidance, suggestions and instructions.It minimizes the work load of the top manager and also develops the overall working efficiency of the organization.
Therefore, delegation of authority is assigning work to others and giving them the required authority to perform the assigned task effectively. The concept of delegation has been developed due to the increase in the size of business and its complexity. A manager needs to delegate some of his authority to subordinates along with a specified responsibility. It is necessary to complete the work efficiently and effectively.
  • Share This Article

  • Facebook

  • Twitter

  • Google+

Tulis Comments

Thanks For Your Comment Here
<<
>>
Subscribe to: Post Comments (Atom)

Popular Posts

  • Steps Of Current Purchasing Power (CPP) Method
    Under current purchasing power ( CPP ) method, financial statements prepared under historical cost accounting are re-stated by using an appr...
  • Concept Of Routine Checking, Its Advantages And Disadvantages
    Routine Checking Regular checking of all the daily transactions is known as Routine Checking. Routine checking incorporates the following ta...
  • Limitation Of Historical Cost Accounting (HCA)
    Financial statements prepared under historical accounting system suffer from a number of limitations, which are as follows: 1. No Considerat...
  • Concept And Calculation Process Of Weighted Average Cost Of Capital
    Weighted Average Cost Of Capital( WACC ) Generally, projects are evaluated on the basis of overall cost of capital, not on the basis of spec...
  • Meaning Of Partial Audit, Its Objectives, Advantages And Disadvantages
    Meaning Of Partial Audit An audit which is conducted considering the particular area of accounting is known as partial audit. Under partial ...
  • Exceptions Of The Law Of Diminishing Marginal Utility
    There are various limitations / exceptions of the law of diminishing marginal utility. Major limitations are as follows: 1. Homogeneous Comm...
  • Concept Of Wealth Maximization Objective Of The Firm
    The wealth maximization objective is almost universally accepted goal of a firm. According to this objective, the managers should take decis...
  • Characteristics Of Human Resource Planning
    Characteristics of effective human resource planning are as follows: 1. Future Oriented Human resource planning is prepared to assess the fu...
  • Types Of Consignment Expenses
    The various expenses are required for goods sent by consignor to consignee. Similarly, the expenses are also required for storing and sellin...
  • Objectives And Methods Of Accounting For Price Level Changes
    Objectives Of Accounting For Price Level Changes Historical cost accounting financial statements are prepared on the assumption that monetar...

About Me

Capsul Tube
View my complete profile
Powered by Blogger.

Blog Archive

  • ►  2014 (20)
    • ►  August (1)
    • ►  July (1)
    • ►  June (3)
    • ►  February (7)
    • ►  January (8)
  • ▼  2013 (157)
    • ►  December (1)
    • ►  August (2)
    • ►  July (5)
    • ▼  May (12)
      • Disadvantages Of Centralization
      • Advantages Of Centralization
      • Concept And Meaning Of Centralization
      • Decision Making Conditions
      • Barriers To Delegation Of Authority
      • Concept And Meaning Of Delegation Of Authority
      • Features Of Delegation Of Authority
      • Advantages Of Delegation Of Authority
      • Approaches To Decision Making
      • Decision Making Styles
      • Significacne Or Importance Of Decision Making
      • Features Of Decision Making
    • ►  April (8)
    • ►  March (78)
    • ►  February (2)
    • ►  January (49)
  • ►  2012 (124)
    • ►  December (21)
    • ►  September (1)
    • ►  August (4)
    • ►  June (2)
    • ►  May (12)
    • ►  April (20)
    • ►  February (51)
    • ►  January (13)
  • ►  2011 (180)
    • ►  December (10)
    • ►  November (4)
    • ►  October (56)
    • ►  September (2)
    • ►  July (29)
    • ►  June (12)
    • ►  April (33)
    • ►  February (27)
    • ►  January (7)
  • ►  2010 (19)
    • ►  November (19)
| Copyright © 2010 : insurance accounting | Design By : Ridwan Hex | Powered By : Blogger | Google | Alexa |