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.

Frequently asked Questions on CBSE Class 12 Business Studies Notes Chapter 5: Organising

What is the meaning of Accountability?

The quality or state of being accountable especially.

What is an ‘Informal organisation’?

An informal organization is a group of people who share a common identity and are committed to achieving a common purpose.

What is the importance of ‘Adaptation’?

Adaptations are changes in behavior and capital motivated by climate change. Economic theory suggests that adaptations are efficient (desirable) only if their benefit exceeds their cost.

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