CHAPTER 1 1. DEFINITION INTERNAL CONTROL is a process effected by people at every level of an organization, designed to provide reasonable assurance about the achievement of objectives in the – effectiveness and efficiency of operations, - reliability of financial reporting, - compliance with applicable laws and regulations. A PROCESS: it is a multiplicity of processes, a series of actions, that is integrated with the basic management processes of planning, executing and monitoring in order to enable
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,Introduction * Anthropology -The study of the lives and cultures of human beings, alive or dead. -They also study the evolution of these cultures over time as well as significant changes. * Sociology -Sociology is the study of human social life, groups, and societies. -They also study the interactions among these groups and the individuals within them. * Psychology -The scientific study of behavior and mental processes. -Psychologists look at how the brain functions and what is
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Professional Practice S E R I E S THE James W. Smither Manuel London EDITORS Performance Management Putting Research into Action A Publication of the Society for Industrial and Organizational Psychology Performance Management The Professional Practice Series The Professional Practice Series is sponsored by The Society for Industrial and Organizational Psychology, Inc. (SIOP). The series was launched in 1988 to provide industrial and organizational psychologists, organizational
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achieve “economies of scope”, you can license 1. ex: - Pepsi selling Starbucks Frappachino * Deciding which way to achieve “economies of scope” is a debate about market contracts (legal documents and watching partner not exploit) vs. internalization (running a diversified company) * If a resource can be licensed out close to real value, do it. * “Parenting Advantage” can help explain most successful diversification strategies * Diversified Firms can avoid external
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CHAPTER ONE – BUSINESS ORGANIZATION AND ENVIRONMENT Unit 1.1 – Nature of Business Activity • A business is a decision-making organization that uses inputs to produce goods and/or services Inputs: resources used in the production process Outputs/products include: Goods: physical, tangible products Services: intangible products Exist to satisfy the needs (basic necessities) or wants (desires) of people, organizations and governments Important to have clearly defined functions/processes
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staggering demand, a major university needs to be created each week. —Sir John Daniel, 1996 T By John seely Brown and Richard P. adler he world has become increasingly “flat,” as Tom Friedman has shown. Thanks to massive improvements in communications and transportation, virtually any place on earth can be connected to markets anywhere else on earth and can become globally competitive.1 But at the same time that the world has become flatter, it has also become “spikier”: the places that are
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com). DOI: 10.1002/smj.249 DO FORMAL CONTRACTS AND RELATIONAL GOVERNANCE FUNCTION AS SUBSTITUTES OR COMPLEMENTS? LAURA POPPO1 * and TODD ZENGER2 1 2 Pamplin College of Business, Virginia Tech, Blacksburg, Virginia, U.S.A. John M. Olin School of Business, Washington University, St Louis, Missouri, U.S.A. Relational exchange arrangements supported by trust are commonly viewed as substitutes for complex contracts in interorganizational exchanges. Many argue that formal contracts actually undermine
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Lecture 1 Ten school´s one word definitions Design: Spider Plan: squirrel Position: position How should I approach (positioning school) Vision: wolf, I have a vision Perception: Owl, Patterns: Monkey, Agenda: Lion, Belief: Peacock, Response: Ostrich, Stage: Chameleon, Timeline of the ten schools Planning and design school came in the 70-80´s. Then Porter came with the positioning school in the 90´s. Why ten schools? Organizations vary and change greatly, so we need more
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2011 download.benjaminsommer.com Benjamin Sommer [SOFTWARE ENGINEERING LECTURE NOTES] Brief and detailed notes from lectures held at the Ludwig-Maximilian-University, Faculty of Computer Science in Germany. This document neither claims completeness, nor correctness of the presented topic. Please let me know in case of errors or missing information: contact.benjaminsommer.com [SOFTWARE ENGINEERING LECTURE NOTES] October 21, 2011 OVERVIEW SOFTWARE PROCESSES SOFTWARE PROCESS MODELS PROCESS
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The Formal Control Process No Yes Communication Feedback Measurement Corrective action Revise Revise Responsibility center performance Rules Budgeting Report actual versus plan Was Performance satisfactory Other information Strategic Planning Goals and strategies Goals: The overall objectives, purpose and mission of a business that have been established by its management and communicated to its employees. The organizational goals of a company typically focus on its long range intentions
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