Role of Financial Manager Paper Cynthia P. Franklin FIN/554 William J. O’Connor‚ D.B.A. March 9‚ 2005 Abstract Role of the financial manager The rold of financial manager has evolved over the time to perform with the unique needs of today’s markets. New laws‚ rules‚ and guidelines have been implemented to increase the manager’s awareness of accuracy and ethical behavior within the company or specific department(s). The Sarbanes-Oxley Act of 2002 (SOX) has been the primary
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device (i.e. laptop) capable of establishing an Internet connection and executing the commercial software from GoToMyPC®. The secured internet protocol address‚ provided by GoToMyPC®‚ assures that the system can only be controlled by authorized users who have been given access to the account. This interface permits the remote control of the Biostat® A Plus fermentation system and possibly other automated or potentially automated culturing systems at the convenience of the user(s). Key words: Fermentation
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CASE 01. ETHICAL DILEMMA A CHANGE OF DIRECTION FOR SOUTHERN X LTD John Kolikias‚ managing director of Southern X Ltd‚ fixed his gaze on the numbers on the screen. They were exciting. If correct‚ the innovation would be highly lucrative. The profits of their mobile phone subsidiary would literally explode. John sighed with relief. Southern X had been struggling for the last two years and its share price had plummeted by 40 percent. If the business didn’t turn around soon‚ a major restructuring would
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Matt Moreau’s Dilemma Introduction Chuck Mackness‚ the president of Bantings department stores recently appointed Matt Moreau as head of customer services due to customer complaints at the other department stores. To help Matt in the staffing of his newly created department‚ Steven Judson‚ corporate personnel manager‚ refers Sally Armitage‚ an ideal candidate who holds many years of management experience at other department stores. After calling Tony Abbott‚ regional manager‚ who worked with
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to this approach of hers‚ she hasn’t been able to negotiate with her employees in the right manner to get efficient performance. Even the consultant appointed by her is concerned about her approach and advises her to employ the same methods of dealing with employees‚ as her father did in the past. Even then‚ she fails to understand and accept this and decides a new plan i.e. that every worker who fails to improve his productivity by 10% will have to face an equal pay cut. This plan of Helen isn’t
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The research shows that adolescents value a combination of honesty and a pro- active attitude: ’Just being there for you‚ helping you when you’re in trouble‚ talking with you and trying to sort it out. Take you out… just to socialise with you‚ get to know you. Listening to what you’ve got to say’.(Mcleod ‚2010). In other words‚ the key to obtain successful outcomes for Ashley‚ despite the difficulties that might appear ‚is to develop a good relationship. Statutory guidance on inter-agency working
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promoted to a senior manager in the firm’s corporate accounting division. Two years later in her position she experienced a major ethical dilemma. The company WorldCom was a very successful company up until the middle of 2000 when the telecommunication industry entered a protracted slump. The company’s earnings were not Wall Street expectations‚ and it was saddled with unpaid bills. Vinson’s job was to repair the problem by doing some wrong accounting practices. The ethical dilemma is weather she should
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12 Comparison of Capital Budgeting Techniques The Dilemma at Day-Pro The Day-Pro Chemical Corporation‚ established in 1995‚ has managed to earn a consistently high rate of return on its investments. The secret of its success has been the strategic and timely development‚ manufacturing‚ and marketing of innovative products that have been used in various industries. Currently‚ the management of the company is considering the manufacture of a thermosetting resin as packaging material for electronic
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is practicing the “iron law of responsibility” which says that in the long run‚ those who do not use power in ways that society considers responsible will tend to lose it. Moreover‚ by acting in the general public interest‚ Timberland is following the “Stewardship Principle” Yes‚ Timberland is engaging multiple stakeholders in its business operations‚ starting from Timberland’s management (CEO- Jeff Swartz) who is has managerial duties at Timberland and he is personally involved in the social activities
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Traits of a Functional Manager Curtis Mustard BUS201: Principles of Management Paul Michael April 9‚ 2012 A manager’s role in any organization "is the planning‚ organizing‚ leading‚ and controlling of human and other resources to achieve organizational goals efficiently and effectively." (Jones‚2011‚pg.4). Now that we have all of the hoopla out of the way and we have a word for word description of what management is‚ we will now discuss exactly what a manager’s role is as far as the employee
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