Among the outstanding plays of ancient Greece‚ Oedipus the King‚ which was created by great tragedian Sophocles and won second prize at the Dionysia festival in 427‚ is a monumental one. It is even used by Aristotle as his model for tragedy in the Poetics and has always been considered to be one of the greatest tragedies(Feder 292). In the play‚ Oedipus‚ the king of Thebes‚ swears to find out the murderer of the former king Laius‚ in order to save his people from an terrible plague hanging on the
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is Meant By One Man Control? One man control or one man business (also called sole proprietorship) is the simplest form of business organization. The description ‘One man business’ or ‘one man control’ is sometimes con as misleading one‚ as there may be more than one persons working as employees in the business. The essential condition of one man control or one man business is that it i.e. a business owned by one person‚ managed and operated for one’s own profit. Statute of One Ban Business
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MANAGEMENT AND CONTROL 1) Causes of Management -Lack of Direction -Motivational Problems -Personal Limitation 2) Avoidance -Activity elimination : Eliminate what is not working properly -Automation -Centralization -Risk Sharing Chapter 2 SECTION II 3) Result Control : Preventive type Control Helps Mgr to address strategy‚ org‚ employees are performing - Steps : 1. Define Performance dimension 2. Measure Performance 3. Setting Target 4. Provide Reward Requirement for Effective Result control : - Knowledge
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Lecture note on monitoring business and accounting systems. ------------------------------------------------- internal control systems and internal controls An internal control system is the whole system of controls‚ financial and otherwise‚ established by the management in order to * Carry on the business of the enterprise in an orderly and efficient manner‚ * Ensure adherence to management policies‚ * Safeguard the assets and secure as far as possible the completeness and accuracy
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implement tighter cost control measures in an industry that is largely governed by prices. The purpose of this report is to present and analyse a new costing system proposed by Mr. Jan Lorson for the valve department of the company‚ and compare it to the existing system‚ in order to judge whether to go forward with its implementation. The analysis uses a number of examples to highlight the significant differences in costs between the two systems‚ and the impact that these variances have on the business
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traced to the factory that makes parts. The target ROI based budget income divided by net assets beginning of the year (calculated by total assets minus current liabilities). For the plant manager‚ the award is given on earnings variance factory. In this case any adjustment variance gross margin generated from sales volume to the AM division. The manager was not given a bonus of the profits from sales to the division AM and was not given a penalty if the actual purchase AM division is less than the amount
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Project Administration‚ Procedure No: 1 PROJECT COST CONTROL SECTION 1 - INTRODUCTION General 1. Three distinct tasks are required to achieve effective cost control of a project. These are:a. Planning and Organising the project. b. Recording and Reporting Costs during the execution of the project. c. Taking Corrective action if the cost reports indicate such action is necessary. The greatest control of costs is achieved at the planning and organising stage of any project‚ more so if the design
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THE INTERNAL CONTROL SYSTEM The internal control system includes all the strategies‚ policies and procedures adopted or instituted by the management of an entity to assist in their objective achieving as far as practicable‚ the orderly and efficient conduct of the business and includes adherence and compliance to management policies and applicable laws and regulations; the safeguarding of assets; the prevention and detection of fraud and error‚ the accuracy‚ reliability and completeness of the accounting
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CONCERTIVE CONTROL SYSTEM 2013 Contents How would you describe the system of control in the Grameen Bank? ......................................... 2 How does it contribute to the success of the bank’s vision and mission? ...................................... 3 What are the potential positive benefits of concertive control system‚ are there positive components or outcomes associated with the concertive control system at the Grameen Bank? .. 4 References: ................
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CHILDHOOD OBESITY: WHO’S THE BLAME Jerriett Hand ENG 122 English composition 2 Instructor Amanda Price December 2‚ 2012 With Childhood obesity on the rise‚ who should be held responsible for such epidemic? Should it be the children‚ the parents‚ genetics‚ or the media? I believe that the scope and nature of childhood obesity should start with the parents. Parent plays a major role on the decisions of their children’s meal choices. The choice that parents choose to make is crucial to their
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