Mr. Raghvender Singh is working as the chief executive officer (CEO) in ‘Palm Residency Ltd’, The business of this company is to build houses, furnished with all modern facilities. It is quite clear that the success of the company depends on the level of advertisement. Realising the importance of advertisement, the CEO gave the right of spending money upto Rs. 5 lac to the department manager. When the other departmental managers came to know of this authority they also demanded this type of authority to spend money. Their demand was accepted happily. This decision started yielding positive results. Then the CEO decided to give the authority of spending money to the supervisors also. (a) Which concept of management is referred according to which the advertisement manager has been given the authority of spending money to a limit? (b) Identify the concept wherein the supervisors are also given the authority to spend money similar to the department
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Answer:
b
Explanation:
why because it is in the pragraph
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