CLUE WORDS /KEY WORDS FOR CRACKING THE CASE STUDIES
CLUE WORDS /KEY WORDS FOR CRACKING THE CASE STUDIES DECENTRALISATION: selective dispersal of authority at various levels (more than 1 levels of management). It’s an optional and conscious policy decision of the management. DELEGATION: Transferring of authority and responsibility at only one level. It is compulsory to reduce the burden of the superior . Divisional structure: • Diversified products • Separate divisions • Product specialisation Functional structure: • Diversified activity • Separate departments • Occupational specialisation Financial planning: • Financial blue print of an organisation’s future operations. • FP ensures enough fund are available at right time. • See to the excess fund is not raised because it will add to the cost. Financial decisions: • Solution to 3 major issues Investment decisions: • Decision related to how the firm’s f...