Authority, Responsibiity and Accountability — Chapter Summary
ICSE · Class 11 · Business Studies
Summary of Authority, Responsibiity and Accountability for ICSE Class 11 Business Studies. Part of the ICSE Class 11 Business Studies syllabus.
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Overview
Authority, responsibility and accountability are three closely related ideas in management. Authority means the right to give orders and make decisions. Responsibility means the obligation to perform assigned work. Accountability means answerability for the result of that work. Authority flows downw
Key Concepts
Authority is the right of
Authority is the right of an individual to take decisions and command subordinates. It is the sum of rights and powers given to a person to perform as
Responsibility is the obligation of
Responsibility is the obligation of a subordinate to perform assigned duties. It arises from the superior-subordinate relationship and always flows up
Accountability is the obligation of
Accountability is the obligation of an individual to render an account of the fulfilment of responsibilities to the superior. It also flows upward and
Delegation is the process by
Delegation is the process by which a manager shares authority with subordinates. It includes determination of expected results, assignment of tasks, d
There are three sources of authority
There are three sources of authority: formal authority, acceptance authority, and competence authority. Formal authority comes from position, acceptan
Learning Objectives
- Define authority, responsibility, accountability, delegation, centralisation, and decentralisation.
- Understand the difference between authority and power.
- Identify the three sources of authority: formal, acceptance, and competence.
- Explain why responsibility cannot be delegated and accountability cannot be delegated at all.
- Describe the process and principles of delegation.
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Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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