Accountability refers to the obligation of an individual to report formally to his superior for the proper discharge of his responsibility. It is the answerability of a subordinate to render an account of his activities to his superior. The person who accepts responsibility is accountable for the performance of the assigned duties. ’ To be accountable is. to be answerable for one’s conduct in respect to obligation fulfilled or unfulfilled" Accountability is the obligation of an individual to
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ITC‚ the paper to hotels conglomerate‚ which saw its non-FMCG cigarette business revenues rise by 24 per cent in the quarter ended December 2010‚ has managed to turn around its foods business. The Bingo! range of potato chips saw sales growing by 48 per cent during the December 2010 quarter. In August 2001‚ ITC made a modest entry into the food business with its Kitchens of India ready-to-eat preparations.The launch of Bingo in March 2007 market ITC entered into fast
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The ITC group has segmented its 66 hotels across India into four different brand categories after an extensive in-house re-branding exercise. This segmentation is in line with the global practice wherein hospitality companies have different brands for different market segments and different price points. The seven super deluxe hotels will be under the ITC banner‚ and another seven five-star luxury hotels will be under the Welcom brand‚ followed by the 15 mid-market full service hotels
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GOLDFLAKE: GoldFlake was launched by ITC in India in the seventies and as the years progressed it gained popularity and is now the largest selling brand in the world. It was launched as a premium cigarette for the adult men of the elite class as the brand was compared with Gold for the quality and purity of experience. Today‚ the cigarette has a place in premium as well as economy category and its target market has shifted from just adults to both adults and youth of all. The GoldFlake sold in
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ITC VISION AND MISSION: Vision: Sustain ITC’s Position as one of Indian’s most Valuable corporations through world class performance‚ creating growing value for the Indian economy and the company’s stakeholders. Mission: To enhance the wealth generating capability of the enterprise in a globalizing environment‚ delivering superior and sustainable stakeholder value. Corporate Strategies ITC is a board-managed professional company‚ committed to creating enduring value for the nation and the
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INDUSTRY ANALYSIS:- About ITC Market Capitalization :- US $ 18 billion Turnover :- US $ 4.75 billion Diversified presence in • Cigarettes‚ • Hotels‚ • Paperboards & Specialty Papers‚ • Packaging‚ • Agri-Business‚ • Packaged Foods & Confectionery‚ • Information Technology‚ • Branded Apparel‚ • Personal Care‚ Greeting Cards‚ Safety Matches and other FMCG products Corporate Strategies:- • Developing a portfolio of world class • Continuous
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Accounting‚ Auditing & Accountability Journal Emerald Article: What counts as "theory" in qualitative management and accounting research? Introducing five levels of theorizing Sue Llewelyn Article information: To cite this document: Sue Llewelyn‚ (2003)‚"What counts as "theory" in qualitative management and accounting research? Introducing five levels of theorizing"‚ Accounting‚ Auditing & Accountability Journal‚ Vol. 16 Iss: 4 pp. 662 - 708 Permanent link to this document: http://dx.doi.org/10
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Patrick Barefoot BUSI 625 Dr. Duncan November 29‚ 2011 Accountability In today’s competitive business world‚ all decisions and their consequences are essential to an organization’s success. They reflect the character of the decision maker‚ and the image of the organization. In order to bring about the most positive impacts on ourselves‚ co-workers‚ and the community much effort must go into making these tough decisions. Equally important is being accountable for the consequences of these
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ITC CHANGE MANAGEMENT REPORT ITC mission: ITC enables small business export success in developing and transition countries by providing‚ with partners‚ sustainable and inclusive trade development solutions to the private sector‚ trade support institutions and policymakers. The designations employed and the presentation of material in this publication do not imply the expression of any opinion whatsoever on the part of the International Trade Centre concerning the legal status of any country
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Over the past ten years accountability has been used in a myriad of different ways. I have noticed the definition of accountability almost take over (and in some cases has) the definition of responsibility. Quite honestly differentiating accountability and responsibility can sometimes be challenging. The assigned article references doctors in the healthcare system (Mansouri‚ M.‚ & Rowney‚ 2014 ). In the article it describes accountability as meaning several different things. When describing
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