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Concepts, Significance and Determinants
SUBJECT : Principles of Management
PUBLISHED ON : 17/12/13
NUMBER OF PAGES : ( 6 Pages)
PRICE : Rs 4.5

Through delegation of authority, superior-subordinate hierarchy is created in an organization.Hence, it could be stated that delegation of authority is the key to the organization just as the possession of authority is the key to the Managerial job. An organization comes into existence because of delegation.By delegating authority, superior creates subordinate Managers and he makes organization possible.

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