Business Studies, asked by gvansh978, 9 months ago

what is the importance of delegation class 12th BST chapter 5importance of delegation class 12 chapter 5 BST ​

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Answered by khushigupta34
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Answer:

(i) Effective Management: By delegating routine work to the subordinates the managers get more time to concentrate on important matters and excel in new areas efficiently.

(ii) Employee Development: Delegation empowers the employees by providing them the chance to use their skills, gain experience and develop themselves for higher position.

(iii) Motivation of employees: Responsibility for work builds the self-esteem of an employee and improves confidence. He/She feels encouraged and tries to improve his/her further performances.

(iv) Facilitation of growth: Trained and experienced employees are able to play significant roles in the launch of new projects by replicating the work ethos they have absorbed from existing units, in the newly set unit.

(v) Basis of management hierarchy: Delegation of authority establishes superior-subordinate relationships, which are the basis of managerial hierarchy.

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