Revision Notes For Class 12 Business Studies Chapter 5 Organising

Organising is the chapter in class 12 that is outlined to educate the students the significance of organising and sorting. This chapter is incorporated with various concepts – meaning and definition of organising, process of organising, importance of organising – expansion and growth, adaptation to the change, development of personnel, clarity in working relationships, organisation structure, types of organisation structure – functional structure and divisional structure, their merits, demerits and suitability, formal organisation, informal organisation, delegation of authority, importance of delegation, elements of delegation – responsibility, accountability, authority, decentralisation, importance of decentralisation.

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