5 A - Learning Business Studies

5 A

Concept
After going through this unit, the student/ learner would be able to:
Organising: Concept and importance                 
Understand the concept of organizing as a structure and as a process.
Explain the importance of organising.
Organising Process
Describe the steps in the process
of organizing
Structure of organisation- functional and
divisional concept. Formal and informal
organisation- concept
Describe functional and divisional
structures of organisation.
Explain the advantages, disadvantages and suitability of functional and divisional structure.
Understand the concept of formal
and informal organisation.
Discuss the advantages, disadvantages of formal and informal organisation.
Delegation: concept, elements and
importance
Understand the concept of delegation.
Describe the elements of delegation.
Appreciate the importance of Delegation. 
Decentralization: concept and importance
Understand the concept of decentralisation. 
Explain the importance of decentralisation. 
Differentiate between delegation and decentralisation.

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