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Organizational behaviour is the study of what are the factor influencing the behaviour of individuals, groups and structures

within an organization and how do they react. The subject of organisational behaviour interprets people-organization relationships in terms of the whole person, whole group, whole organization, and whole social system. It is an interdisciplinary field that includes sociology, psychology, communication, and management and it complements the academic studies of organizational theory and human resource studies. It may also be referred to as organizational studies or organizational science. The field has its roots in industrial and organizational psychology. Its purpose is to build better relationships by achieving human objectives, organizational objectives, and social objectives. Organizational behaviour is a growing field as it is not only important in terms of academics but also applicable in real time business world. During the last 20 years, organizational behaviour study and practice has developed and expanded through creating integrations with other domains. Organizational behaviour is becoming more important in the global economy as people with diverse backgrounds and cultural values must work together effectively and efficiently.

Finance

Finance is often explained as the management of money or funds management. Finance is conceptualized, structured, and regulated by a complex system of powerful regulating authorities within political economies across state and global markets. Finance is both art and science although its activities are linked with regulatory authorities who are focuses on measuring and controlling the risk return relationship. Networks of financial businesses exist to create, negotiate, market, and trade in evermore-complex financial products and services for their own as well as their clients accounts. Financial performance measures assess the efficiency and profitability of investments, the safety of debtors claims against assets, and the likelihood that derivative instruments will protect investors against a variety of market risks. Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created for transacting and trading assets, liabilities, and risks.

Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in selecting the information that is relevant to the user and is reliable. The principles of accountancy are applied to business entities in three divisions of practical art, named accounting, bookkeeping, and auditing. Accountancy has certain principle and rule for example every entry has to be classified into an expenditure, income liability or asset and entries should be made in the profit and loss or balance sheet in their respective account. Accountancy deal with the recording of the day to day activities

conducted by an organisation to keep track of the firms financial status. The Institute of Chartered Accountants of India forms principles for accountancy.

Taxation is the means by which governments finance the countries expenditure by charging the citizens of the country and corporate entities carrying out business within the boundaries of the countries. Governments use taxation to encourage or discourage certain economic field by increasing or decreasing tax charged. For example, reduction in taxable personal income by the amount paid as interest on home mortgage loans results in greater construction activity, and generates more jobs. A tax is not a voluntary payment or donation, but an enforced contribution, exacted pursuant to legislative authority and is any contribution imposed by government whether under the name of toll, tribute, tallage, gabel, impost, duty, custom, excise, subsidy, aid, supply, or other name. A tax may be defined as a "pecuniary burden laid upon individuals or property owners to support the government [...] a payment exacted by legislative authority. Tax is divided into two on the bases of how they are charged .i.e. direct and indirect.

The difference between organisational behaviour and other subject such as finance, accountancy and taxation is that organisational behaviour deal with the internal and external factors which affect the behaviour of an individual or group in an organisation where as finance, accountancy and taxation deal with fund management, the principle or rules of maintaining book to communicate them in an appropriate manner and filling returns. Finance, accountancy and taxation are more monetary or figure related subjects. Whereas organisation behaviour deal with more of an organisational science. On one side where finance, accountancy and taxation has predetermined principles and rules, organisational behaviour on the other hand has no such rules it is the study of people-organisation relationship. It is an interdisciplinary field that includes sociology, psychology, communication, and management. Organisational behaviour is a theory bases subject and not a principle based subject as accountancy has a regulating body to define the method of maintaining statements. It is important for mangers to study organisational behaviour so that they can manage the organisation in an appropriate manner which in turn will lead to a good financial statement. Where organisational behaviour has theories like Maslows theory of motivation, accountancy has a profit and loss account, balance sheet statement.

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