1.1MEANING OF ORGANIZATION
An organization is a social unit which is deliberately constructed and reconstructed to seek specific goals. It is a social group which distributes tasks for a collective goal. It is a social unit of people, systematically structured and managed to meet a need or to pursue collective goals on a continuing basis. All organizations have a management structure that determines relationships between functions and positions, and subdivides and delegates roles, responsibilities, and authority to carry out defined tasks. Organizations are open systems in that they affect and are affected by the environment beyond their boundaries.
1.2 MEANING OF ORGANIZATIONAL STUDY
Organizational study is an effort towards understanding the organization, its policies, structure and methodology adopted. It gives us brief description of the overall functioning of the company or organization.
IMPORTANCE OF ORGANIZATIONAL STUDY
•The study encompasses the systematic and careful application of knowledge about how people perform within organizations. •To understand the working environment of the organization.
1.3SCOPE OF THE STUDY
The study is limited to ITI Limited, Bangalore. It concentrates on the functioning of different departments in the organization. The study focuses on the organizational structure of ITI. It is purely based on the information obtained from the departmental heads of the organization..
1.4 OBJECTIVES OF THE STUDY
•To understand the structure and functioning of the organization. •To understand the delegation of authority and responsibility. •To understand the various policies and programs of the organization
1.5DATA COLLECTION METHOD
Data is collected through both primary sources and secondary sources. The study is based on both the primary data and secondary data.
SOURCES OF DATA
Primary data refers to the original source from which the researcher directly collects and it has not been previously collected. This data is collected by the direct interaction with different departmental heads.
Secondary data refers to the source of data which has been collected and compiled for another purpose. Such data has been collected through reference books, company manuals and company websites.
1.6 LIMITATIONS OF THE STUDY
•The study is limited to ITI Limited, Bangalore.
•The study was carried out for a period of four weeks during which intensive collection of data was a difficult task.
2.1 INDUSTRY PROFILE
Telecommunication industry deals with the activities and services of electronic system for transmitting messages through cables, telephone, radio or television. In the modern age of electricity and electronics, telecommunications now also includes the use of electrical devices such telegraphs, telephones and teletypes, the use of radio and microwave communication as well as fiber optics and their associated electronics, plus the use of the orbiting satellites and the internet. Telecommunication play an important role in the world economy and the worldwide telecommunication industry’s revenue was estimated to be $3.85 trillion in 2008. The service revenue of the global telecommunications industry was estimated to be $1.7 trillion in 2008, and is expected to touch $2.7 trillion by 2013.
The conventional telephone now in use worldwide was first patented by Alexander graham Bell in March 1876. That first patent by Bell was the master patent of the telephone devices and gestures flowed. The key innovators were Alexander Graham Bell and Gardiner Greene Hubbard, who created the first telephone company, the Bell telephone company of the United States, which later evolved into American Telephone and Telegraph (AT and T).
The world telecommunication market was expected to rise at an 11 percent compound annual...