A objectives and the roles of financial accounting “Accounting is an information system that identifies‚ records‚ and communicates the economic events of an organization to interested users.”1. The basic objective of accounting is to provide information to the interested users to enable them to make business decisions and “Financial statements are the primary means of communicating financial information to parties outside the business organization.”2. Moreover‚ accounting can give the essential
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The tyranny of toxic managers: Applying emotional intelligence to deal with difficult personalities Toxic managers are a fact of life. Some managers are toxic most of the time; most managers are toxic some of the time. Knowing how to deal with people who are rigid‚ aggressive‚ selfcentered or exhibit other types of dysfunctional behaviour can improve your own health and that of others in the workplace. This author describes the mechanisms for coping. By Roy Lubit Roy Lubit is a member of the Center
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Question 1 (a) The 3 main roles that a sales manager should perform are listed as below: 1. Manage customer relationships 2. Serve as customer consultants 3. Manage the hybrid sales force Sales managers should firstly‚ continuously achieve a conversation with his or her customer‚ provide customized service and recommendations to them in order to increase customer retention. Secondly‚ sales managers should build ongoing relationships and profitable partnerships with his or her customers
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1. Introduction One of my friends used to work for a very famous International Group as the sales manager for 2 years‚ then she jumped to another company which promised her a higher salary‚ we all agree that she made a smart move in her career because her salary was almost doubled after changing the job. Unexpectedly‚ her job changing was end up with regrets because she could not generate as much revenue for the company as before. She told me her salary was doubled but she lost a team which has
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other hand a conventional manager controls and directs people/resources in a group according to principles or values that they have already established. A conventional manager uses formal and rational methods whilst a leader uses passion and stirs up emotions. People willingly follow leaders due to their charisma and personality traits‚ whereas a manager is obeyed due to the formal authority vested in him/her. As a result people tend to be more loyal to leaders than managers. Leadership is doing the
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Leaders VS Managers In my experience leader and managers are completely different. To be perfectly honest I never just put much thought into it until this lecture. But nevertheless I can more than relate. A manager only concern is to complete the task at hand regardless of how it affects others as long as the task is completed. A manager takes undeserved credit just because of his title or position. A manager only makes rules and pass them down and never really experience or encounter the rules
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The One Minute Manager written by Dr. Kenneth Blanchard and Dr. Spencer Johnson is a handbook‚ a management guide that revels in its simplicity. The One Minute Manager is not only the title of the book but also the character whose management style is put under close scrutiny. The One Minute Manager is more of a Zen-master than an office manager‚ dishing out seemingly cryptic management maxim after another. The One Minute Manager is a proverbial wiseman cut in the mold of Mahatma Gandhi‚ Obi-wan-Kenobi
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Become a Human Resource Manager I will be talking about becoming a Human Resources Manager. In my current role I am an Office Manager‚ where I focus on the basic aspect of the human resource field. I would like to further my career in this field since there are so many. I plan on becoming a HR manger and/or HR director. With the extremely high competition in the business world‚ corporations are looking to recruit the best and the brightest in employees. To keep these employees happy
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The Need for Managers in an Organizations Success MGT 521 September 22‚ 2013 The Need for Managers in an Organizations Success Although managers are not required in today ’s workforce‚ they are necessary for an organization’s success. An organization ’s success is produced through the attainment of its set goals‚ which are driven by the management team. This management team is comprised of departmental managers who are the driving forces‚ behind the functional areas of the business. Although
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The One Minute Manager One Minute Manager is a short story written by Kenneth Blanchard and Spencer Johnson. The story is about a young man who is in search of an effective manager because not only did he want to work for one but he is also wanted to become one. His search for this ideal manager took him to many places and made him interact with a lot of different individuals. He wasn’t pleased with what he encountered and he began to notice that most of the people he interviewed would fall into
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