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Explain about the programmed and non-programmed managerial decisions.
Programmed and Non-Programmed decisions:
Programmed decisions are which made in accordance along with several habit, rule or procedure. And non-Programmed decisions are which that deals along with exceptional or unusual problems.
importance of management
a. It results in dislocation of production process and causes excessive delays or reduction in output. b. Wages are to be paid for idle time resulting in loss of profits.
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What is delegation of authority and responsibility? Delegation of Authority and Responsibility: Authority means the right to command and also power to act. Respons
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