INTRODUCTION Just as organisations have goals describing their primary business objectives‚ they also have goals with respect to controlling how these objectives are met. These are the control goals of an organisation which are enforced through a system of internal control. Such a system enables them to adhere to external laws and internal regulations‚ prevent and detect fraud and continuously enhance the overall quality of the business. Independent of the type of organisation‚ these internal control systems
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discover the unique thermal properties that keep coffee hotter on the inside‚ while the outside remains cool to hold. So in this case‚ the organisation needs to educate the customer about the purpose of the mug. Perhaps it doesn’t matter who defines the ‘Purpose’ so long as both sides eventually understand and agree with it. Without alignment between organisation and customer‚ meaning agreement with the ‘Purpose’‚ there will be no business transaction. The following two excerpts have not been
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1. Needs & Expectations Needs and expectations help people predict the action of ourselves and other people under different environment. If an employee does not complete a work on time‚ the manager must be disappointed. Also‚ if the manager does not communicate clearly with an employee when the manager give the employee his expectations‚ then the person will have some problems on meeting his needs. However‚ if the manager communicates clearly expectations‚ then the employee can do works productively
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To Organisation Organisation is one important element of the management process. It is next to planning. In management‚ organisation is both the process as well as the end-product of that process which is referred to as organisation structure. Such structure acts as the foundation on which the whole super-structure of management is built. Sound organisation structure is essential for the conduct of business activities in an efficient manner. It is within the framework of the organisation that
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org Effectiveness of Internal Auditor in Controlling Fraud and Other Financial Irregularities in Private Universities in South-West‚ Nigeria. ADETOSO‚ Jonathan Adegoke1 OLADEJO‚ Kayode Samson2 AKESINRO‚ Abayomi Sunday3 Department of Accounting‚ Joseph Ayo Babalola University‚ P.M.B 5006 Ikeji-Arakeji‚ Osun State‚ Nigeria. Email of the corresponding Author: gokeadetoso@yahoo.com‚Kay_oladejo83@yahoo.com sunkesh75@yahoo.com Abstract The study examined the effectiveness of internal auditor
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AMANCIO ORTEGA: AN APPROACH TO PROCESS SKILLS Aritz Mancha Otano Managerial Work (MNP017FE) London Metropolitan University 24th of May‚ 2012 1 SUMMARY The aim of this paper is to show the importance of the process skills. In order to understand better the theory about process skills I have included the example of Amancio Ortega and his mastery managing processes. Amancio Ortega has created several processes in which he has based his success such as design‚ sourcing and production
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Master of Business Administration Managing Change in Organisations Assignment Paper 1 Contents Task 1 ...................................................................................................................................................... 3 Overview of the change ...................................................................................................................... 3 Nature of change ....................................................................
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Write a note on the managerial roles and skills. [10] Ans: Managerial Roles : According to Minitzberg(1973)‚ Managerial roles are as follows : 1. Informational roles 2. Decisional roles 3. Interpersonal roles 1. Informational roles: This involves the role of assimilating and disseminating information as and when required. Following are the main sub-role‚ which managers often perform: a. Monitor – collecting information from organizations‚ both
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project are important. Here are things should aim to accomplish at the launch meeting: • Be very clear on who belongs to the team. • Explain the charter and its contents. Conflict among team members is normal‚ it is unavoidable‚ and is an essential process of the team environment. However‚ team conflict in itself is not a problem‚ the problem therein is how the team conflict is addressed and managed. Professional organizations will hire a
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studies have established a very close link between the two and concluded that it does exist (Denison 1990; Gordon & DiTomaso 1992; Kotter & Heskett; Petty et al. 1995; Wilderom & Vanden Berg.) Variety of definitions have been used to define “Organisation Culture” In simple words it maybe well defined as the customs‚ behaviours and artifacts that the members of society use to communicate with the world from one another and is transmitted to one another through the mode of culture. The surroundings
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