BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

ACCOUNTING FOR MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Organizing is the delegating of responsibility for the use of the organization’s resources, whether human, financial, or physical.
A
TRUE
B
FALSE
Explanation: 

Detailed explanation-1: -Organizing is the function of management that involves developing an organizational structure and allocating human resources to ensure the accomplishment of objectives. The structure of the organization is the framework within which effort is coordinated.

Detailed explanation-2: -Organising is a management function that forms the step after planning. Managers allocate resources, departmentalise work, demarcate authority, and distribute responsibilities through the firm. It is a complicated process that requires the simultaneous collaboration of various factors.

Detailed explanation-3: -According to Chester Barnard, “Organizing is a function by which the concern is able to define the role positions, the jobs related and the co-ordination between authority and responsibility. Hence, a manager always has to organize in order to get results.

Detailed explanation-4: -Answer and Explanation: The correct answer is E. Organizing helps create synergy, whereby the effect of a whole system equals more than that of its parts.

There is 1 question to complete.