RENDELL COMPANY CASE Case Overview Rendell Company is a company which had already involved in business almost 50 years and always produces profit. The company has seven operating divisions. Each division has general manager and Division Controller. The Division General Manager is responsible for reporting the division achievement to Corporate Controller. Division Controller has obligation to make report to Division General Manager regarding budget and performance reports. Corporate Controller
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suits Rendell Company plus some additional control system in attaining the company’s main objectives. We will be also tackling the roles‚ functions and responsibilities of a controller in an organization. This case takes us into Rendell Company which is currently having problems between the corporate controller and the divisional controller. We assessed the advantages and disadvantages of the organization structure of Martex whether it can be applied and be implemented to Rendell Company in order
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himself on two different occasions to accurately to develop Rendell as a character. To begin‚ Dan Ross effectively uses the conflict with Mei Wong to develop Rendell’s character. When Rendell goes to see Mei Wong about money‚ Mei Wong isn’t willing to give him the money due to their problems in the past about Mei Won giving Rendell money “Since you have ceased painting I have continued to give you large amounts of money. But
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MANAGEMENT CONTROL SYSTEM – RENDELL CASE I. Case Summary This case rises from Fred Bevin concern about the organizational status of his divisional controller. This concern occurred because Mr. Bevins foresaw increasing difficulties with the relationship between the corporate controller and the divisional controllers as the company introduced more modern control techniques. The existing relationship hampered him to could urge the development and use of new technique rapidly. His interest in the controller
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1‚ what is the organizational philosophy of Martex with respect to the controller function? What do you think of it? Should Rendell adopt this philosophy? Answer: The organizational philosophy of Martex with respect to the controller function is that divisional controller directly report to the corporate controller for transparency of information on budget issues. Let’s discuss some strengths and weaknesses about Martex philosophy as following: Strengths: -Divisional controller is empowered
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in Organizations 111 Cmn 3-1 Rervonr-r- Coir‚rpawy Fred Bevins‚ controller of the Rendeli Company‚ was concerned about the organizational status of his divisional controllers. In 1985 and for many years previously‚ the divisional controllers reported to the general managers of their divisions. Although Mr. Bevins knew this to be the general practice in many other divisionally organized companies‚ he was not entirely satisfied with it. His interest in making a change was stimulated by a description
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• Question 1 1 out of 1 points On the managerial grid‚ a leader who is high in both concern for people and concern for production would rate ________. Answer Selected Answer: (9‚9) Correct Answer: (9‚9) • Question 2 1 out of 1 points Recent studies indicate that this measure of ability is the best predictor of who will be a leader in an organisation. Answer Selected Answer: Emotional intelligence. Correct Answer: Emotional intelligence
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Chapter 1 Answers to End of Chapter Questions 1. Agency Problems of MNCs. a. Explain the agency problem of MNCs. ANSWER: The agency problem reflects a conflict of interests between decision-making managers and the owners of the MNC. Agency costs occur in an effort to assure that managers act in the best interest of the owners. b. Why might agency costs be larger for an MNC than for a purely domestic firm? ANSWER: The agency costs are normally larger for MNCs than purely domestic firms for the following
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requirements for a company that specializes in IT training. The Company has 30 instructors and can handle up to 100 trainees per training session. The Company offers five advanced technology courses‚ each of which is taught by a teaching team of two or more instructors. Each instructor is assigned to a maximum of two teaching teams or may be assigned to do research. Each trainee undertakes one advanced technology course per training session. (a) Identify the main entity types for the company. (b) Identify
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WORK BOOK- UNIT 5 A/601/8574(HSC 24) Learner Name: Date completed: | | |UNIT 5 A/601/8574 (HSC 24)- | |Principles of Safeguarding and Protection in Health and Social Care.
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