CASE CONTEXT Rendell Company is experiencing some difficulties in implementing its modern control techniques due to the irking relationship between the divisional controller and the corporate controller. This is mainly because the loyalty of the divisional controllers rest with the divisional managers. Because of this current set-up‚ Mr Bevins believes that information regarding the divisions’ performance are not reported accurately and biased. .Mr. Bevins is interested if applying a control organization
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RENDELL COMPANY CASE Case Overview Rendell Company is a company which had already involved in business almost 50 years and always produces profit. The company has seven operating divisions. Each division has general manager and Division Controller. The Division General Manager is responsible for reporting the division achievement to Corporate Controller. Division Controller has obligation to make report to Division General Manager regarding budget and performance reports. Corporate Controller
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suits Rendell Company plus some additional control system in attaining the company’s main objectives. We will be also tackling the roles‚ functions and responsibilities of a controller in an organization. This case takes us into Rendell Company which is currently having problems between the corporate controller and the divisional controller. We assessed the advantages and disadvantages of the organization structure of Martex whether it can be applied and be implemented to Rendell Company in order
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MANAGEMENT CONTROL SYSTEM – RENDELL CASE I. Case Summary This case rises from Fred Bevin concern about the organizational status of his divisional controller. This concern occurred because Mr. Bevins foresaw increasing difficulties with the relationship between the corporate controller and the divisional controllers as the company introduced more modern control techniques. The existing relationship hampered him to could urge the development and use of new technique rapidly. His interest in the controller
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Chapter 3 Behauior in Organizations 111 Cmn 3-1 Rervonr-r- Coir‚rpawy Fred Bevins‚ controller of the Rendeli Company‚ was concerned about the organizational status of his divisional controllers. In 1985 and for many years previously‚ the divisional controllers reported to the general managers of their divisions. Although Mr. Bevins knew this to be the general practice in many other divisionally organized companies‚ he was not entirely satisfied with it. His interest in making a change
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1‚ what is the organizational philosophy of Martex with respect to the controller function? What do you think of it? Should Rendell adopt this philosophy? Answer: The organizational philosophy of Martex with respect to the controller function is that divisional controller directly report to the corporate controller for transparency of information on budget issues. Let’s discuss some strengths and weaknesses about Martex philosophy as following: Strengths: -Divisional controller is empowered
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Week 3: Case Study September 13‚ 2014 Chapter 3 1. Which barriers to listening described in Chapter 3 might make it difficult for Mark and Kate to hear one another’s perspectives when they meet to discuss the situation? Listening is very important in communication. This is the key to effective communication. Listening effectively is one’s ability to fully understand and interpret messages sent by the speaker. In Mark and Kate’s situation‚ there are listening barriers that prevent and make it
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Legality and Ethicality of Corporate Governance ETH 376 Ethics Case 3-3: United Thermostatic Controls Case The purpose of this paper is to evaluate the legality and ethicality of the corporate governance activities that occurred in an ethics case presented in the text. The paper will provide relevant details regarding the legality of the activities‚ the criteria by which Sarbanes-Oxley would apply to this case‚ the ethicality of the activities‚ whether or not the activities were equitable
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MANAGEMENT CONTROL SYSTEMS “Case Analysis: Rendell Company” Prepared by: Martinus Anggi Apriliawan 64-Int-A MASTER OF MANAGEMENT FACULTY OF BUSINESS AND ECONOMICS UNIVERSITAS GADJAH MADA 2015 Rendell Company Summary by: Martinus Anggi Apriliawan 64-Int-A 1. Introduction Fred Bevins is the controller of the Rendell Company‚ a firm that has been profitable for 50 years‚ but has concerned over its organizational status of his divisional controllers that possibly affected the growth rate of the
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LEARNING ANALYSIS BELIEFS AND BOUNDARY SYSTEMS DIAGNOSTIC CONTROL SYSTEMS INTERACTIVE CONTROL SYSTEMS INFORMATION FLOWS CONCLUSION REFERENCES 1 2 2 3 3 5 6 7 7 8 9 9 11 Introduction Is it possible for an organization to optimize shareholder value by setting their stakeholders first? If so‚ how can this process be controlled? This empirical case study examines
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