In the opinion of Henry Fayol, the management expert, each employee should be received orders from one superior only. Mention the management principle referred here
Non monetary incentives:
1. Job enrichment: It is concerned with designing jobs that include greater variety of work content, require higher level of knowledge and skill, etc,.
2. Employee recognition programmes: Recognition...
Importance of controlling :
1. Accomplishing organisational goals: The controlling function measures progress towards the organisational goals and brings to light the deviations, if any, and indicates corrective action.
2. Ensuring Order...
(i) Interest due but not recived shall be added to assest on one side and to the capital on other side.
(ii) It will increase cash on the assets side...