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Definition: The Psychoanalytic Theory is the personality theory, which is based on the notion that an individual gets motivated more by unseen forces that are controlled by the conscious and the rational thought. Sigmund Freud is closely related to the psychoanalytic theory. According to him, the human behavior is formed through an interaction between three components of the … [Read more...] about Psychoanalytic Theory

Definition: The Personality refers to the distinct traits, thoughts, feelings, actions and characteristics of an individual that differentiates him from other individuals. Simply, the personality is the typical behavior of a person in which he responds to the given situations. The term personality is derived from a Latin word ”persona” which means to speak through, it is … [Read more...] about Theories of Personality

Definition: The Delegation of Authority is a process wherein the manager assigns responsibility to its subordinate along with the certain authority to accomplish the task on the manager’s behalf. Process of Delegation of Authority The process of delegation of authority comprises of four steps which are as follows: Assignment of Duties to Subordinates: Before the … [Read more...] about Process of Delegation of Authority

Definition: The Delegation of Authority is a process through which a manager assigns responsibility to the subordinate to carry out the work on his behalf. Also, a certain authority is delegated to the subordinate to the extent, which is sufficient to accomplish the assigned responsibility. Principles of Delegation of Authority Following are the guidelines that can be … [Read more...] about Principles of Delegation of Authority

Definition: The Delegation of Authority is a process through which manager assigns responsibility to the subordinate with a certain level of authority, i.e. power to take decisions, in order to accomplish certain assignments on the manager’s behalf. Elements of Delegation of Authority There are three major elements of delegation of authority: Responsibility: The … [Read more...] about Elements of Delegation of Authority

Definition: The Delegation of Authority is an organizational process wherein, the manager divides his work among the subordinates and give them the responsibility to accomplish the respective tasks. Along with the responsibility, he also shares the authority, i.e. the power to take decisions with the subordinates, such that responsibilities can be completed efficiently. In … [Read more...] about Delegation of Authority

Definition: The Span of Management refers to the number of subordinates who report directly to a manager. Factors Determining Span of Management   The span of management can be determined on the basis of a number of relationships that a manager can manage. These are: Capacity of Superior: Here the capacity means the ability of a superior to comprehend the … [Read more...] about Factors Determining Span of Management

Definition: The Span of Management refers to the number of subordinates who can be managed efficiently by a superior. Simply, the manager having the group of subordinates who report him directly is called as the span of management. The Span of Management has two implications: Influences the complexities of the individual manager's job Determine the shape or … [Read more...] about Span of Management