relative importance of different skills varies from job to job and organization to organization, but to some extent, you’ll need them all to forge a managerial career. Throughout your career, you’ll also be expected to communicate ideas clearly, use your time efficiently, and reach sound decisions. 1.1 Objectives Broad Objective: To identify the managerial skills necessary to be a successful manager. Specific Objectives: To learn about Technical Skills of a manager. To learn about
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is something l had wanted since l was a child. I understand and believe that l have to upgrade myself to achieve some certain goals in life. Some of these goals are personal to me while the others are professional. Now l have come to a cross road in my life where l can choose what to do with my future and choose what will make me happy. My happiness in what l do is a goal for my life. If l am not happy, l can’t be successful in whatever l am doing. l want to be satisfied with my decisions, and most
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Management Process Today Management is the planning, organizing, leading and controlling of human and other resources to achieve organizational goals efficiently and effectively Achieving high performance: a manger’s goal Organizational performance is a measure of how efficiently and effectively managers use resources to satisfy customers and achieve organizational goals. Efficiency is a measure of how well or how productively resources are used to achieve goals; o Organizations are efficient when the
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Management Essentials • Management involves setting goals and allocating scarce resources to achieve them. • Management is the process of efficiently achieving the objectives of the organization with and through people. • Primary Functions of Management Planning – establishing goals Organizing – determining what activities need to be done Leading – assuring the right people are on the job and motivated Controlling – monitoring activities to be sure goals are met 2. What is Human Resource Management
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and practices. The new manufacturing paradigm, which we conceptualise as integrated manufacturing, focuses upon the lateral flow of products and services, and thereby confronts management accounting ideals of hierarchical flows of information for planning and control. In this chapter, we take a closer look at management accounting research and the responses that have been made to the challenge from the new operational practices. We examine the extent to which changes in management accounting practices
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Accounting 732 Audit II 9/25/2012 Anne Aylor Inc. A. Why are different materiality bases considered when determining planning materiality? Different materiality bases are considered when determining planning materiality because the magnitude and nature of financial statement misstatements or omissions have different influences on different financial statement users. For example, investors are more interested in the accuracy of numbers involving net income because they are mainly concerned
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function of advertising within a company. The budgeting process is the responsibility of the top management along with the marketing manager.The advertising budget is both a planning and control device. There are many managerial functions that are performed through the process of budgeting. Managerial goals are discussed and are synchronized with marketing and advertising objectives. This provides a forum of communication that resolves conflicts and sets the
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hr interview 1. ORGANISATIONAL BEHAVIOUR 1. How can you motivate people/ employees? These days you have a diversified work force. What motivates one individual may not motivate the other. To motivate your employees you have to understand them. You can motivate them through employee recognition programs, employee involvement programs, skill based pay programs, give monetary and non- monetary rewards, provide good work environment, flexibility. 2. Which techniques you use to motivate
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Post-observation talks with this principal were just that--talks. He encouraged conversation by asking me open-ended questions about specific aspects of my lesson--why I chose certain strategies over others, what went through my mind during the planning stage of a particular lesson, and so on. All teachers in my school realized this principal expected us to reflect on our teaching and that we could expect him to engage us in post-observation talk that was collegial and nonjudgmental. We also realized
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1) Identify the pros and cons of the partnership as a form of ownership. The pros and cons of the partnership as a form of ownership are that: General partnerships have many benefits, but the most compelling is the ease with which they can be set up and be maintained. The pros of partnerships are its flexibility where in partnership agreements; the partners are free to set their responsibilities and benefits as they see the needs of the business dictate. The structure of the organization and the
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