It says that managers don't have to play a leading role under certain conditions.
<u>Explanation:
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Leadership Substitute:
A characteristic of a delegate or a circumstance or condition in which leadership works in place of a leader, inappropriate in leadership. All Leaders of an organization can sometimes work very well without a director controlling the management.
The most important aspects of a company are effective leadership, many experts agree. But sometimes it's not necessary to have leadership.
For example, Raj is a father and that he wants his daughter to do her work. Raj knows he can usually make his daughter do things if he gives her an exchange piece of candy.
However, it's the day after Halloween in this scenario but she already has chocolates. In this respect, Raj's power of leadership has been eliminated, since the normally used award is not effective.
Answer:
Attributes of an effective organization structure are given below.
1. An effective organizational structure facilitates attainment of objectives through proper coordination of all activities
2. In a effective organizational structure, the conflicts between individuals over jurisdiction are kept to a minimum
3. It eliminates overlapping and duplication of work.
4. It decreases likelihood of runarounds
5. It facilitates promotions of personnel
6. It aids in wage and salary administration
7. Communication is easier at all levels of organizational hierarchy
8. A well-structured organization provides a sound basis for effective planning
9. It results in increased cooperation and a sense of pride among members of the organization
10. It encourages creativity
Unsecured bonds, these bonds are also called debenture bonds.
I hope this helps.