Match List-I with List-II

List-I (Concepts)	List-II (Meaning)
(A) Responsibility	(I) Granting of authority to subordinates to operate within prescribed limits.
(B) Accountability	(II) Being answerable for the final outcome.
(C) Delegation	(III) The obligation of a subordinate to properly perform the assigned duty.
(D) Centralisation	(IV) Decision-making authority is retained by higher management levels.

Choose the correct answer from the options given below:

Which approach did Mckinsey recommend to ONGC?

Decentralization should be applied with caution as ___________.

_______ can be defined as a process that initiates implementation of plans by clarifying jobs and coordinating human efforts.

The definition, "Organising is the process of defining and grouping the activities of the enterprise and establishing authority relationships among them." is given by:

"Formal organization is a system of consciously coordinated activities of two or more persons toward a common objective". This definition of formal organization is given by:

Identify the concept that provides the framework which enables the enterprise to function as an integrated unit by regulating and coordinating the responsibilities of Individuals and departments.