UGC NET COMMERCE January 2017(Paper-II) Q40
- Option : B
- Explanation : Organizational Analysis : Entails detailed analysis of organizational structure, objectives, human resources, resource allocation and utilization and future plans. An in-depth analysis of these factors would facilitate an understanding of deficiencies that need to be corrected. Organization analysis consists of the following elements:
∎ Analysis of Objectives: Based on organizational objectives, specific goals and strategies for various departments and sections are stated as detailed operational targets in the light of changing environment.
∎ Resource Utilization Analysis : The allocation of human, physical and financial resources and their efficient utilization in meeting the operational targets are analysed for determining specific work flows as well as the contribution of human resources.
∎ Organization Climate Analysis : Analysis of organizational climate through attitudinal surveys helps to identify strengths and weaknesses of the organization.
∎ Environmental Scanning : As the organization affects and also gets affected by the environmental factors, political, social, economic and technological, therefore understanding of the environment is essential.
