WAEC Commerce 1994 Theory question 110

Theory question 110

Business Management

Commerce 2 (answer five questions)
(a) What is planning?
(b) Explain five advantages of delegation of authority.

Show the model answer
Model answer

(a) Planning is deciding in advance what is to be done, how, when and by whom, in order to achieve the organisation's objectives.
(b) Five advantages, explained: reduces the manager's workload so he can concentrate on major issues; quicker decisions as subordinates act on the spot; trains and develops subordinates for higher posts; motivates staff and raises morale through trust and responsibility; uses subordinates' skills and specialised knowledge; better efficiency and continuity when the manager is absent; makes expansion of the organisation easier.

Explanation

Define planning in one sentence; explain each advantage.