Business Studies, asked by tanishqgrover823, 4 days ago

What is red tapism and bureaucracy in departmental undertaking bst​

Answers

Answered by Kanikasharma119
1

Answer:

it means to follow the rules and regulations for taking an action. It delays the decision making process. Departmental undertakings are under direct control of government.

Answered by hariuthiras
2

Answer:

Red Tapism refers to excessive rules and regulations. It include obtaining various licensees and seeking approvals from concerned authority.

Departmental Undertaking is a big form of business organisation. There is red tapism in day to day operation of departmental undertaking because of following reasons:

1. Part of government:- Departmental Undertaking is a part of government organisation. It is in direct control of government.

2. Government Financing:- These undertaking are financed by government organisation. Therefore, they have to follow proper rules and regulation framed by the government.

3. Accounting and Auditing:- Departmental Undertaking involve complete accounting and auditing of accounts which effect day to day operation of business.

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