Subject: Accountancy
A meeting is a gathering or assembly of related members of an organization with specific objectives. It is the act of getting together in response to a pre- notice on a certain date, place and time to discuss and decide on specified matters or agenda. It is the formal process of involving concerned members of the organization in the decision-making process. It is the democratic way of presenting, discussing and solving problems. It refers to the formal practice of presenting proposal, sharing opinions on the proposal between and among the members and passing it with the consent of a majority. A meeting is, therefore, an assembly of concerned persons for sharing information, presenting proposals, making suggestions, taking decisions and obtaining feedback.
"A meeting is a formal gathering of related members of an organization to review its activities, performance, position and to pass resolutions." - M. C. Kuchhal
Meeting is the rudder of any organization. It is an essential function for all business organizations, government offices and social institutions for the successful execution of their duties and responsibilities. Autocratic and single- headed decision- making about any problem is risky and is out of fashion too. The following points are the importance of meeting:
What is a meeting?
A meeting is a gathering or assembly of related members of an organization with specific objectives. It is the act of getting together in response to a pre- notice on a certain date, place and time to discuss and decide on specified matters or agenda.
Write down the importance of meeting.
Meeting is the rudder of any organization. It is essential function for all business organizations, government offices and social institutions for the successful execution of their duties and responsibilities. Autocratic and single- headed decision- making about any problem is risky and is out of fashion too. The following points are the importance of meeting:
Write in short about board meeting.
Board members are the governing body of any company. Such board member is nominated or elected by the shareholders. They have to meet time for various reasons and purposes. A meeting of all the board members is called board meeting. In this meeting, the board of directors meet regularly and discuss the internal management of the company. They focus on present activities of the company. They determine the company's plans, policies and programs for the smooth running of its business even more efficiently in the days to come. The duration of the two board meetings should not be more than three months. The rule of the majority applies in making a final decision. This type of meeting is held to discuss the current problems and issues, formulate future plans and policies and make the management and administration efficient.
Write in short about secret meeting.
Secret meeting is by nature secret. Only a few concerned would know about this type of meeting. In such meeting, concerned executives discuss about very important matter. Such meeting is always meaningful. In the governmental sector, such meetings are held in the involvement of high- ranking officials and departmental heads. As the meetings are held secretly, it is obvious that the decisions of such meeting are not made public. This type of meeting is very much effective to formulate secret plans and policies at the higher level of governmental bodies. Secret meetings are also held by people of private organizations for various purposes.
Write in short about committee meeting.
A committee is a body of a small number of concerned people in private offices. It is formed for performing a given job or investing and reporting a certain event or happening. Evaluation committee, examination committee, inspection committee, account committee and loan committee, etc. are the examples of the committee formed by different offices. The members of the committee frequently get together and discuss the performance, progress, achievement and finding. Such gathering of the member of committee is known as committee meeting.
Write in short about uni-lateral and multi-lateral meeting.
A uni- lateral meeting is the one in which only the members of a particular organization get together to discuss on the specific issues and take decisions. A multi- lateral meeting is one in which the members of more than two organizations get together to discuss on the matters of common issues and take decisions. It is organized to make decisions on such matters which affect the interest of all the organizations. Multi- lateral meeting is held among the members of more than two political parties or executives of more than two countries. Multi- lateral meeting is very important to settle the misunderstanding among different organizations and countries. The meeting is held between two organizations or countries is called bi- lateral meeting.
What is uni-lateral meeting?
A uni- lateral meeting is the one in which only the members of a particular organization get together to discuss on the specific issues and take decisions.
What is multi-lateral meeting?
A multi- lateral meeting is one in which the members of more than two organizations get together to discuss on the matters of common issues and take decisions.
What is bi-lateral meeting?
The meeting which is held between two organizations or countries is called bi- lateral meeting.
What is commitee meeting?
A committee is a body of a small number of concerned people in private offices. Evaluation committee, examination committee, inspection committee, account committee and loan committee, etc. are the examples of the committee formed by different offices.
Define meeting.
A meeting is a gathering or assembly of related members of an organization with specific objectives. It is the act of getting together in response to a pre- notice on a certain date, place and time to discuss and decide on specified matters or agenda. It is the formal process of involving concerned members of the organization in the decision-making process. It is the democratic way of presenting, discussing and solving problems. It refers to the formal practice of presenting proposal, sharing opinions on the proposal between and among the members the members and passing it with the consent of a majority.
According to M. C. Kuchhal, "A meeting is a formal gathering of related members of an organization to review its activities, performance, position and to pass resolutions."
From the above definition, it is clear that a meeting is an assembly of concerned persons for sharing information, presenting proposals, making suggestions, taking decisions and obtaining feedback.
© 2019-20 Kullabs. All Rights Reserved.