www.buseco.monash.edu ACF5903 - Topic 10 - Budgeting www.buseco.monash.edu Objectives •Understand the link between strategic planning and budgeting •List the key steps in the budgeting process •Understand the different types of budgets •Outline behavioural issues associated with budgeting Reference Birt et al Chapter 9 www.buseco.monash.edu Agenda 1. Overview: Planning and control in firms 2. The budgeting process 3. Types of budgets 4. Budget variances 5. Behavioural aspects of budgeting
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Management Theory & Practice Chapters 1 & 2 Reading Assessment 1) A ________ is an example of a first-line manager. A) division manager B) store manager C) regional manager D) shift manager 2) ________ have titles such as executive vice president‚ chief operating officer‚ and chief executive officer. A) Team leaders B) Middle managers C) First-line managers D) Top managers 3) ________ involves ensuring that work activities are completed efficiently and effectively by the people
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1. Introduction to Corporate social responsibility and MAS Holdings. Corporate social responsibility or CSR in its general definition is where a company sets out regulations for itself as to have no dispute with the norms and standards‚ may it be environmental or social‚ of its external environment. Some companies however‚ go the extra mile‚ companies such as MAS Holdings‚ a private listed company‚ founded by Mahesh Amalean and his two brothers‚ where they have been practicing CSR‚ maintaining proper
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1. How can a manager build employee trust? Choose 1 answer A. Identify only very general job skill changes B. Provide employees information on industry growth potential from innovation C. Provide very general change information D. Identify and be negative about the change with employees E. Provide specific job loss and change information 2. A change vision must be developed and clearly conveyed to all members of the firm. What aspect of the change vision should management communicate to employees
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Study on Organizational structure and Leadership style of Biocon Limited Contents Introduction of Biocon 2 Introduction to Organisational structures 3 Introduction to Leadership styles 4 Article Reviews 5 Organizational Structure Literature 5 1. Innovations in Organizational structure 5 2. Exploring the relationship between organization structure and perceived innovation in the Manufacturing Sector in India 6 3. Organization Design 7 Leadership Literature 11 1. At the end of the road
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1. Introduction In the workplace‚ diversity in terms of ethnicity‚ locality‚ education and skills‚ age‚ and gender exist. Managers or employers therefore require innovative ideas to successfully manage employees in the workplace. Diversity management is a relatively new field in the South African business environment. Managing employees and the work environment involves different aspects and is influenced by the internal environment such as in the mission‚ vision and goals of the organisation as
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describing leadership styles have developed over the years. (Can relate to Theory X and Y) 1. Participative Leadership Style: - A participative leader is one who shares decision making with group members. Team leaders use the participative style so frequently that participative leadership is also referred to as the team leadership style. * Three closely related subtypes of participative leaders include consultative‚ consensus‚ and democratic. a. Consultative leaders confer with
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NATIONAL TEACHERS INSTITUTE‚ KADUNA NCE/DLS GSS NYANYA STUDY CENTRE‚ ABUJA. BY: AISHATU A. LAWAL REG.No- : 4330 TO MR. GANIYU
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LEADERSHIP OF TUN DR MAHATHIR BIN MOHAMAD (1925-PRESENT) Ref: A. MAFSC DIS 0143 Ex 1-2‚ Ex PANGLIMA SILAM General Instruction. B. MAF JP 0.01 – Service Writing. INTRODUCTION 1. Tun Mahathir bin Mohamad is the fourth Prime Minister of Malaysia. He was the longest in tenure ruling this country‚ since 16 Jul 19811 until 31 Oct 2003. Tun Dr Mahathir also known as the Father of Modernisation for Malaysia. Since he ruled the government‚ he had performed so many developments for Malaysia
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The Impact of Culture on Human Resource Management Practices: An Empirical Research Finding in Indonesia Suharnomo-Diponegoro University-Indonesia +628156581301 Abstract The objective of the study is to investigate and analyze the influence of culture on human resource management practices. The research is expected to answer the importance question: Are HRM practices influenced by national culture or not? It is generally accepted that the practices of management is considered to be universal
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