CBSE Class 12 Business Studies 2016 Delhi set 2

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Question : 1
Total: 3
Give the meaning of 'responsibility' as an element of delegation.
Solution:  
Responsibility is the obligation of a subordinate to properly perform his/her duty assigned by his/her superior. It arises from a superiorsubordinate relationship. The subordinate will always be responsible to his/her superior, so responsibilty flows upward.
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