Question

hindu limited has grown in size it was a market leader but changes in business environment and with the entry of MNC's it market share is declining .To cope up with the situation CEO stast decligation some of his authority to general manager who also felt himself overburdened with the approval of CEO disperses some of his authority to various level throughout the organization. identify the concept of management discussed above ?
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Answer 1

Answer:

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Answer 2

Answer:

National Vritech Ltd. has grown in size. It was a market leader but with changes in business environment and with the entry of MNCs its market share is declining. To cope up with the situation CEO starts delegating some of his authority to the General Manager, who also felt himself overburdened and with the approval of CEO disperses some of his authority to various levels throughout the organization

Explanation:

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