VEL TECH DR.RR & DR.SR TECHNICAL UNIVERSITY DEPARTMENT OF MANAGEMENT STUDIES P1BAA03 ACCOUNTING FOR MANAGERS Time: 3 Hrs Maximum: 100 marks PART-A (10 x 2 marks = 20 marks) Answer ANY TEN Questions. Each question carries 2 marks 1. Define Accounting. 2. Explain accounting cycle. 3. What are current assets? 4. What is net working capital? 5. What Trial Balance? 6. State any two advantages of fund flow
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Scott Gallo Management 220 5 Commandments of Being a Good Manager It is clear that in today’s world there are no very successful businesses that do not have a solid management. A manager is a position that has high importance and they help their respective companies run as smoothly as possible. Without this position it would take longer for things to get done because they are the executive position in the company‚ which means that they take care of the entire system and they do not worry about
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One Minute Goal Setting The first secret is One Minute Goals. This involves a meeting of the manager and the employee where goals are agreed on‚ written down in a brief statement‚ and occasionally reviewed to ensure that productivity is occurring. This whole process takes a "minute"‚ which truly means it is a quick meeting‚ however it is not limited to just sixty seconds. The purpose of one minute goal setting is to confirm that responsibilities of each working is understood‚ understanding that
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MANAGEMENT (WORK OF THE MANAGER) IS UNIVERSAL Managers‚ regardless of title‚ share several common elements. Management is the process of getting things done‚ effectively and efficiently‚ through and with other people. Process in the definition represents the primary activities managers perform. Effectiveness and efficiency deal with what we are doing and how we are doing it. Efficiency is doing the task right and to the relationship between inputs and outputs. Effectiveness is doing the right
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Role of managers Report By Caroline McNaught Role of managers Report By Caroline McNaught CONTENTS * Analyse Jess’s role as manager of the Customer Engagement team using appropriate management and leadership theories. * Analyse how assertiveness‚ influencing and negotiating techniques could be used with reference to specific team members and show why the techniques proposed might be effective in this situation. * Identify potential sources of conflict within
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Organizational culture is unique for every organization and one of the hardest things to change. MANAGERS AND ORGANIZATIONAL CULTURE Managers and organizational culture are the two sides of a coin where one cannot exist without the other. There are significant roles of managers in order to form or sustain the organizational culture; we cannot take managers out of the equation when dealing with organizational culture. It is the responsibility of managers to maintain and establish a positive culture
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ESTATE MANAGER Lok Kim Sun is the Manager of one of Malestates (Sdn Bhd) large plantations in Malaysia. It is a very large estate of 28‚ 500 acres and employs 2500 estate and factory workers and managers. The crops grown are rubber (6‚ 500 acres)‚ oil palm (20‚ 000 acres) and cocoa (2‚ 000 acres). Mr. Lok is a very domineering individual. However‚ he is extremely afraid of making a mistake. His experiences as a junior planter‚ working up to Senior Assistant‚ and finally Estate Manager over
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without permission in writing from the President‚ The Open University of Hong Kong. Sale of this material is prohibited. The Open University of Hong Kong 30 Good Shepherd Street Ho Man Tin‚ Kowloon Hong Kong Contents Overview Introduction The manager: Omnipotent or symbolic? The organization’s culture What is organizational culture? The relationship between culture and management practices Strong vs. weak cultures Summary 1 3 4 6 6 7 8 10 The environment Defining the environment The specific
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Manager Vs Entrepreneur Two sides of a coin Who is Who? Table of Content Introduction Page 4 Theory Page 6 Analysis Page 8 Conclusion Page 11 References Page 13 Introduction There must be hundreds of millions companies in the world. Either they are small family businesses ‚or small local shops ‚or big national firms‚ or international corporations‚ either they are new players
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things. For a manager‚ they are both fundamental preconditions. Being effective means that one is able to properly analyse the evolving environment and selecting the right things as the areas of strategic focus for the enterprise. On the other hand‚ being efficient requires a carefully carved cultural and operational framework which helps the manager to achieve a particular degree of success‚ given the level of resources applied to a particular objective. In any business‚ an efficient manager is one who
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