Discussions for Managerial Accounting: Week 4: Discussion 1 How does activity-based costing differ from the traditional costing approach? When would it give more accurate costs than traditional costing systems? * Activity based costing (ABC) is a method for assigning costs to products‚ services‚ projects‚ tasks‚ or acquisitions‚ based on the activities that go into them and the resources consumed by these activities. ABC contrasts with traditional costing‚ which sometimes assigns costs using
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Crisis management in today organization: HR strategic role 1. Introduction What is a crisis management? It is an unexpected crisis that happens on the company that will affect the trust and loyalty of the stakeholder. It can be extremely costly because it will affect the company reputation and brand. For example like financial failure from poor business management‚ workplace violence‚ fires‚ cybercrime‚ computer viruses‚ product tampering or union strikes and other external issue like damaged economy
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THE CHANGING ORGANIZATION Our world is filled with organizations. We put our children into day-care organizations. We work at for-profit or not-for-profit organizations. We rely on organizations to deliver the services we need: food‚ water‚ electricity‚ and sanitation. We depend on health organizations when we are sick. We use religious organizations to help our spiritual lives. We assume that most of our children’s education will be delivered by formal educational organizations. In other words
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Managerial Communication Assignment 2: Managerial Communication Assessment Task 2: Group Communication Analysis Managerial communication theory can be observed in everyday real-life interpersonal dynamics. Whether it be at the workplace or even in undertaking basic activities with family and friends‚ communication skills can be the difference between success and failure or the difference between a good or bad experience. The notion communication theory in everyday life became evident when
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Appendix A: ASSIGNMENT COVER SHEET | | Date Received:........................................................... | | | Programme | Master of Business Administration | Module Name | Assignment: Managerial Economics | Surname | Amweenje | First Name/S | Edward Ludwig | Student Number | MBA1120419 | Date Submitted | 21 May 2012 | Postal Address | P.O. Box 62705 | | WANAHEDA | | Namibia | | 0000 | E-MAIL myregent email address | @myregent.ac
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relationship between two people in the following terms: "person A getting person B to do what person A wants them to do." This simple outlook on power has become one of the most widely used definitions‚ although there are many variations to it. Managerial power is the ability to control employees‚ resources‚ decisions‚ knowledge‚ technology and workplace rules. SOURCES OF POWER IN BUSINESS ORGANISATION MANAGEMENT According to the 1960 study Bases of Social Power by John R.P. French and Bertram
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companies gain in return supportive work attitudes and high performance. Companies like Dell‚ Microsoft‚ Intel and Motorola are quoted for developing career paths and investing heavily in training and development to increase employees’ value to the organization and build a strong culture. One way of building a strong culture adopted by many companies (some deliberately‚ some accidentally) is to develop organizational ceremonies‚ rites and language. These help people to learn about and take on board
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context formerly may no longer bear significance in the current scenario. For example‚ several managers and subordinates who were interviewed in the process of this study strongly stated that autocratic style that used to be predominant in Malaysian organizations can no longer be relied upon. In fact they felt that they have the competence needed to carry out their job effectively without needing their superior to keep a watchful eye over them or to tell them exactly what or how to do their job. Fundamentally
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MANAGERIAL ECONOMICS MANAGERIAL ECONOMICS: A PROBLEM SOLVING APPROACH Individual Problems 15-4‚ 15-6 & 16-3 15-On page 170 and 171 in the textbook it is covered with great scenarios. Our questions states "Does the ability to move first give the employer an advantage?" not only is the best strategy achieved by eliminating the sub optimal strategy‚ but we also know that when you eliminate MANAGERIAL ECONOMICS one of the branches of the tree‚ or one of the options‚ you change the nature of the
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Modern Theory- “Management is an art of getting things done through people.” The modern organizational theory is regarded as recent development in management theory. They represent integrative approach to management. There is no one best way of doing things under all conditions. Methods and techniques which are highly effective in one situation may not work in other situations. Situation plays an important role in application of management function. Functions are universal but their application
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