ECONOMICS (CBSE/UGC NET)

ECONOMICS

DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of these statements best describes what is meant by delegation?
A
Management feedback to directors
B
Authority is passed down the hierarchy
C
Employees & management work together rather than for each other
D
Tasks are carried out by senior rather than junior management
Explanation: 

Detailed explanation-1: -The delegation of authority refers to the division of labor and decision-making responsibility to an individual that reports to a leader or manager. It is the organizational process of a manager dividing their own work among all their people.

Detailed explanation-2: -The correct answer is 3 and 4. Delegation is the act of empowering to act for another. In the other words, it is a group of persons chosen to represent others. Each member of the delegation is called a delegate.

Detailed explanation-3: -Delegation of authority refers to the transfer of authority from the level of supervisor to the level of subordinates. In other words, delegation is the downward transfer of authority from the manager to the subordinate.

Detailed explanation-4: -Delegation is the assignment of authority to another person (normally from a manager to a subordinate) to carry out specific activities. It is the process of distributing and entrusting work to another person, and therefore one of the core concepts of management leadership.

There is 1 question to complete.