UGANDA MANGEMENT INSTITUTE Public Policy and Governance Module: Public Budgeting and Good Governance QUESTION: Budgeting process is a waste of time and valuable resources. Evaluate this statement. A budget is a plan for financing an enterprise or government during a definite period‚ which is prepared and submitted by a responsible executive to a representative body (or other duly constituted agent) whose approval and authorization are necessary before the plan may be executed. In the
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Organizational Structure An organization is a social unit of people‚ systematically structured and managed to meet a need or to pursue collective goals on a continuing basis. All organizations have a management structure that determines relationships between functions and positions‚ and subdivides and delegates roles‚ responsibilities‚ and authority to carry out defined tasks. Therefore‚ in order to better manage the large amount of resources and assets organizations need to be in some sort of
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Creating a Competitive Salary Structure INTRODUCTION Each employee in an organization is paid a salary. Salaries vary greatly‚ with executives earning as much as (or greater than) 100 times an entry-level employee’s salary. This variation is not by chance. It is rationally established through a salary structure – a hierarchy of salaries. Organizations develop this structure based upon internal factors (such as current rates‚ job relationships‚ and custom) and external factors (such as labor
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ORGANIZATIONAL STRUCTURE AND THEIR CULTURE |ORGANIZATIONAL STRUCTURE | Example | Handy’s Culture Type | |1. Functional | ACK | POWER / ROLE CULTURE | |2. Product | UNILEVER | TASK CULTURE | |3. Geographic
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right after their order is taken‚ hence explains the term fast food. McDonald’s has two structures at two different levels; the first is at the corporate level and the second‚ restaurant level. The corporate’s current design type is functional while the restaurant’s current design type is divisional. Image 1: McDonald’s Corporate Structure The image above illustrates a hierarchy in McDonald’s corporate structure. It consists of the Chief Executive Officer (CEO) on top followed by the chairman of
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Structure in 5 ’s: A Synthesis of the Research on Organization Design Author(s): Henry Mintzberg Source: Management Science‚ Vol. 26‚ No. 3 (Mar.‚ 1980)‚ pp. 322-341 Published by: INFORMS Stable URL: http://www.jstor.org/stable/2630506 Accessed: 22/01/2010 02:03 Your use of the JSTOR archive indicates your acceptance of JSTOR ’s Terms and Conditions of Use‚ available at http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR ’s Terms and Conditions of Use provides‚ in part‚ that unless you
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ORGANIZATION STRUCTURE CHAPTER OBJECTIVES After reading this chapter‚ students should be able to: 1. Identify the six key elements that define an organization’s structure. 2. Describe a simple structure. 3. Explain the characteristics of a bureaucracy. 4. Describe a matrix organization. 5. Explain the characteristics of a “virtual” organization. 6. Summarize why managers want to create boundaryless organizations. 7. List the factors that favor different organization structures. 8. Explain
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Business Structures Glenn Wilson Boerstler‚ II FIN/571 Corporate Finance August 18‚ 2014 Professor Susanne Elliot A business can be organized in one of several ways‚ and the form its owners choose will affect the company’s’ and owners’ legal liability and income tax treatment. Business structures are selected based on the type of business and the intentions of the owner or owners. According to the Small Business Administration‚ there are six types of business structures that are based on the needs
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Introduction Capital structure (CS) is one of the most important aspects of the Financial Management of any organization. It aims is to identify and implement the best capital structure proportion possible that suits the organizations needs and objectives. An optimal Capital structure boosts the prosperity of the company in the long run and reduces the risk. CS is a mixture of a company ’s current and non current debt‚ common and preferred equity. It ’s the way a company finances its functions
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Part A 1. What is a data structure? Data structure is a mechanism for storing data and organizing it in some way. The data structures you use in Alice are list and arrays. 2. Which automatically grows in size as you add items to it‚ lists or arrays? The list automatically expands as items are added to it. 3. When you drag a list tile and drop it on top of a placeholder in an instruction‚ a menu will appear. What will be on the menu? A menu appears showing a list of the methods that
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