Why is there red tapism in day to day operations of a departmental undertaking?
Dear Student
Red Tapism refers to excessive rules and regulations. It include obtaining various licensees and seeking approvals from concerned authority.
Departmental Undertaking is a big form of business organisation. There is red tapism in day to day operation of departmental undertaking because of following reasons:
1. Part of government:- Departmental Undertaking is a part of government organisation. It is in direct control of government.
2. Government Financing:- These undertaking are financed by government organisation. Therefore, they have to follow proper rules and regulation framed by the government.
3. Accounting and Auditing:- Departmental Undertaking involve complete accounting and auditing of accounts which effect day to day operation of business.
Regards
Red Tapism refers to excessive rules and regulations. It include obtaining various licensees and seeking approvals from concerned authority.
Departmental Undertaking is a big form of business organisation. There is red tapism in day to day operation of departmental undertaking because of following reasons:
1. Part of government:- Departmental Undertaking is a part of government organisation. It is in direct control of government.
2. Government Financing:- These undertaking are financed by government organisation. Therefore, they have to follow proper rules and regulation framed by the government.
3. Accounting and Auditing:- Departmental Undertaking involve complete accounting and auditing of accounts which effect day to day operation of business.
Regards