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Authority, Responsibiity and Accountability — Revision Notes

ICSE · Class 11 · Business Studies

Authority, Responsibiity and Accountability revision notes for ICSE Class 11 Business Studies: 4 topics in quick points.

45 questions33 flashcards5 concepts

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Key Topics to Revise

1

Authority: Meaning, Features, and Sources

  • Authority is the right of an individual to take decisions and command subordinates.
  • It is the sum of rights and powers entrusted to a person to perform assigned tasks.
  • Authority flows downward from top to bottom in an organisation.
2

Responsibility and Accountability

  • Responsibility is the obligation of a subordinate to perform assigned duties.
  • It arises from the superior-subordinate relationship.
  • Responsibility is always in relation to human beings, not machines.
3

Interrelationship among Authority, Responsibility, and Accountability

  • These three concepts are closely connected in management.
  • Authority gives rise to responsibility.
  • Responsibility gives rise to accountability.
4

Delegation of Authority

  • Delegation of authority means assigning work to others and giving them authority to do it.
  • It is the process by which a manager shares authority with subordinates.
  • Louis Allen defined delegation as the entrustment of responsibility and authority to another and the creation of accountability for performance.

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Full Notes

Key Concepts

Authority is the right ofResponsibility is the obligation ofAccountability is the obligation ofDelegation is the process byThere are three sources of authority

Frequently Asked Questions

What are the important topics in Authority, Responsibiity and Accountability for ICSE Class 11 Business Studies?
Key topics in Authority, Responsibiity and Accountability include Authority: Meaning, Features, and Sources, Responsibility and Accountability, Interrelationship among Authority, Responsibility, and Accountability, Delegation of Authority. Study these first, then practise questions on each for Class 11 exams.
How should I revise Authority, Responsibiity and Accountability for Class 11 exams?
Learn the core ideas first, then work through the 45 practice questions on Authority, Responsibiity and Accountability. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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