Tag - departmental

[Economy] Different Types of Companies: Pvt.Ltd, Public Ltd., Public Corporation, Departmental Undertaking, PSUs

Paid up Capital Private company Public company Holding company and subsidiary company Departmental undertakings Government Company Public corporation PSU (Public Sector undertakings) Paid up Capital This word is going to keep reappearing in next few articles, so better understand it in advance. You already [...]

Compare the departmental and functional forms of organization.

Ans. Points which shows the comparison of departmental and functional forms of organization - (i) In the departmental organization authority is vertical as" it follows the principle of scalar chain on the other hand authority is functional or diagonal. The functional manager has authority over his [...]