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Organising: An Overview Video Lecture | Business Studies (BST) Class 12 - Commerce

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FAQs on Organising: An Overview Video Lecture - Business Studies (BST) Class 12 - Commerce

1. What is organizing in commerce?
Ans. Organizing in commerce refers to the process of arranging resources, tasks, and activities in a systematic and coordinated manner to achieve the goals of an organization. It involves determining the appropriate structure, allocating responsibilities, establishing relationships, and coordinating efforts to ensure efficiency and effectiveness in achieving objectives.
2. What are the key elements of organizing in commerce?
Ans. The key elements of organizing in commerce include division of labor, delegation of authority, establishment of relationships, coordination of activities, and creation of a formal structure. Division of labor involves breaking down tasks into smaller specialized activities, while delegation of authority involves assigning responsibilities and decision-making power. Establishing relationships refers to defining reporting lines and communication channels, while coordination involves integrating and harmonizing efforts. Lastly, creating a formal structure involves designing positions and hierarchies within the organization.
3. How does organizing contribute to the success of a business?
Ans. Organizing plays a crucial role in the success of a business by ensuring efficiency, productivity, and coordination among employees. It helps in clarifying roles and responsibilities, avoiding duplication of efforts, and promoting specialization. Effective organizing leads to improved decision-making, better communication, and increased employee morale. It also enables the allocation of resources in the most effective way, enhances teamwork, and facilitates innovation and adaptability to changes in the business environment.
4. What are the challenges faced in organizing commerce?
Ans. Organizing in commerce can face several challenges, such as resistance to change, lack of clear communication, conflicting goals and interests, and organizational complexity. Resistance to change may arise when employees are accustomed to existing ways of doing things. Lack of clear communication can lead to misunderstandings and inefficiencies. Conflicting goals and interests among different departments or individuals can hinder coordination efforts. Lastly, organizational complexity, such as a large number of employees or multiple layers of hierarchy, can make organizing more challenging.
5. What are some common organizing techniques used in commerce?
Ans. There are several organizing techniques commonly used in commerce, including organizational charts, job descriptions, delegation, team structures, and technology utilization. Organizational charts visually represent the hierarchy and reporting relationships within an organization. Job descriptions outline the roles, responsibilities, and qualifications required for specific positions. Delegation involves transferring authority and responsibility to lower-level employees. Team structures promote collaboration and collective decision-making. Lastly, the utilization of technology, such as project management software or communication tools, can enhance organizing efforts by facilitating coordination and information sharing.
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