What are the barriers to effective delegation?

Barriers to effective delegation 1. Low confidence / trust in subordinates’ capabilities. Can they perform the delegated tasks? 2. Burden of responsibility / Accountability. Managers are unwilling to maintain responsibility / accountability for subordinates’ tasks. 3. Unwillingness to admit that Read More …

A key element in the effective implementation of corporate strategies is the design of the organizational structure of the firm or the organization. Discuss each of the following types of organizational structure: a) Holding Company structure; (5 marks) b) The Functional structure; (5 marks) c) The matrix structure; and (5 marks) d) The multi-divisional structure. (5 marks)

There are a number of alternative ways of deploying the intangible webs of relationships that make up an organization structure.  The functional structures In a functional organization structure, tasks are linked together on the basis of common functions.  Thus, all Read More …

As a result of company expansion, the accounts manager now has control of four assistant managers. This expansion has resulted in the need for greater delegation and clear definitions of levels of authority and responsibility. Required: a) Explain what is meant by: i) Responsibility ii) Authority iii) Delegation b) Explain the need for effective delegation, the problems with delegation and how these problems may be overcome.

a) Term Definitions i. Responsibility-This is an obligation placed on a person who occupies a certain position. It is accountability for the performance of specified duties or the satisfactory achievement of defined company objectives. Because responsibility is an obligation owed, Read More …

Discus McGregor Theory X and Y

Discuss McGregor Theory X and Y This theory concentrates on the argument that leadership behaviour depends on how the manager views subordinates. McGregor’s research culminated into the following theories: a) Theory X The manager is tough, autocratic and supports tight Read More …

In relation to corporate insolvency, a) i) Explain what is meant a contributory. ii) Distinguish between fraudulent and wrongful trading. Against whom may proceedings brought for breaches of provisions against fraudulent trading and wrongful trading?

In relation to corporate insolvency, a) i) Explain what is meant a contributory. ii) Distinguish between fraudulent and wrongful trading. Against whom may proceedings brought for breaches of provisions against fraudulent trading and wrongful trading? ANSWER i) Under Read More …