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NATURE AND SIGNIFICANCE OF MANAGEMENT — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMNATURE AND SIGNIFICANCE OF MANAGEMENT2 Marks
Question
Why is delegation of authority necessary?
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Answer

As a business unit grows the number of employees also increase. Top level officers cannot take care of all the functions. So they are compelled to delegate their work to subordinates.

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