Homework Answers
Strategic control is the process used by organizations to control the formation and execution of strategic plans.
The answer is c) All of the above
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Question 3 Which of the following activities are adopted for strategic control of an organisation Performance...
Question 4 1 pts Executive remuneration is important in controlling management activities due to the following reaso...
Question 4 1 pts Executive remuneration is important in controlling management activities due to the following reasons Adequate executive remuneration will reduce the tendency of unethical behaviour amongst management staff. There will be a possibility of an agency problem to occur if remuneration package is not properly addressed Good executive remuneration will ensure higher performance result Board of directors will have a tough time to adhere to company rules and regulations
Planning and Control- Budgeting Management and cost accounting requires the accumulation of costs for a number...
Planning and Control- Budgeting Management and cost accounting requires the accumulation of costs for a number of different purposes, i.e. stock valuation and profit measurement, decision making and planning and control. The budgeting process has been traditionally used to plan an organisations’ activities into the future. A budget can be described as an approved financial plan, reflecting expectations for a defined, future period of time. Budgets also serve an as important framework for performance evaluation and control by holding individuals...
7. An organisation operates compliance and audit functions that 3. When estimating time for activities, a Project Ma...
7. An organisation operates compliance and audit functions that 3. When estimating time for activities, a Project Manager should: Answer: Answer: Use the best guess and estimate all activities since there will be changes as the project progresses and more information becomes available Involve people who will be doing the work to get estimates Estimate for what the cost will allow and include buffers None of the above Page 4. An accepted deadline for project approaches. However, the project manager...
Managers engage in "Planning" activities at all organizational levels, from strategic planning at the executive leadership...
Managers engage in "Planning" activities at all organizational levels, from strategic planning at the executive leadership level, to budgeting and other resource planning at middle management levels, to project, product, staffing, etc. (operational planning) at lower levels. How do these planning activities in a virtual organization differ from more traditional approaches? A reference please
PROJECT TASK: In light of the extract, your organisation is contemplating going in to international business...
PROJECT TASK: In light of the extract, your organisation is contemplating going in to international business within the next two years as well as strengthen the local market competitive advantage. To attain this strategic goals, your organisation require strong leadership, resources, teamwork and motivated employees. As one of the senior managers you are requested by the Executive team of your organisation to develop a report on the preparedness of your organisation to achieve these goals. The report should cover...
Select the appropriate control activities for each of the following definitions. Control Activities Definitions a. The...
Select the appropriate control activities for each of the following definitions. Control Activities Definitions a. The company should maintain security over assets and accounting records. Management should periodically determine whether the amounts of physical assets of the company match the accounting records. The company should provide employees with appropriate guidance to ensure " they have the knowledge necessary to carry out their job duties. The actual performance of individuals or processes should be checked against their expected performance. Authorizing transactions,...
Hi can you help me solve the following Computer Architecture and Organisation Problem on (Performance: Measurement...
Hi can you help me solve the following Computer Architecture and
Organisation Problem on (Performance: Measurement and Analysis)? I
have provided some suggested guidelines in answering the questions.
Thank you.
1. What is throughput? Will a system with higher throughput be faster than a system with lower throughput? Please provide your analysis with clearly stated examples. (Difference between throughput and response time) Ans: Not faster. Why? 2. What does BPS (bits per second) mean in term of performance? (i.e Throughput...
Question 11 The three primary quality management activities are o quality planning, control, and improvement O...
Question 11 The three primary quality management activities are o quality planning, control, and improvement O goal setting, prioritization, and measurement overuse, underuse, and misuse o measurement, assessment, and improvement Question 12 Until the 1970s, healthcare quality activities were primarily based on the Deming approach to continuous improvement o quality assurance methodology synthesis and alignment principle pre-industrial revolution craft model 1 pts When the additional cost of an expensive health service does not exceed the additional benefit it was expected...
Select the appropriate control activities for each of the following definitions. Control Activities b. c Definitions...
Select the appropriate control activities for each of the following definitions. Control Activities b. c Definitions a. The company should maintain security over assets and accounting records. Management should periodically determine whether the amounts of physical assets of the company match the accounting records. The company should provide employees with appropriate guidance to ensure they have the knowledge necessary to carry out their job duties. The actual performance of individuals or processes should be checked against their expected performance. Authorizing...
Requirement a. For each control, identify which element of the five categories of control activities is...
Requirement a. For each control, identify which element of the five categories of control activities is applicable (separation of duties, proper authorization, adequate documents or records, physical control over assets and records, or independent checks on performance). Internal Controls Control Activity 1. Approved purchase orders are required for all acquisitions of goods. Prenumbered receiving reports are prepared as support for acquisitions and 2. numerically accounted for. Dates on receiving reports are compared with vendors' invoices before entry 3. into the...
Question 4 1 pts Executive remuneration is important in controlling management activities due to the following reasons Adequate executive remuneration will reduce the tendency of unethical behaviour amongst management staff. There will be a possibility of an agency problem to occur if remuneration package is not properly addressed Good executive remuneration will ensure higher performance result Board of directors will have a tough time to adhere to company rules and regulations
7. An organisation operates compliance and audit functions that 3. When estimating time for activities, a Project Manager should: Answer: Answer: Use the best guess and estimate all activities since there will be changes as the project progresses and more information becomes available Involve people who will be doing the work to get estimates Estimate for what the cost will allow and include buffers None of the above Page 4. An accepted deadline for project approaches. However, the project manager...
Select the appropriate control activities for each of the following definitions. Control Activities Definitions a. The company should maintain security over assets and accounting records. Management should periodically determine whether the amounts of physical assets of the company match the accounting records. The company should provide employees with appropriate guidance to ensure " they have the knowledge necessary to carry out their job duties. The actual performance of individuals or processes should be checked against their expected performance. Authorizing transactions,...
Hi can you help me solve the following Computer Architecture and
Organisation Problem on (Performance: Measurement and Analysis)? I
have provided some suggested guidelines in answering the questions.
Thank you.
1. What is throughput? Will a system with higher throughput be faster than a system with lower throughput? Please provide your analysis with clearly stated examples. (Difference between throughput and response time) Ans: Not faster. Why? 2. What does BPS (bits per second) mean in term of performance? (i.e Throughput...
Question 11 The three primary quality management activities are o quality planning, control, and improvement O goal setting, prioritization, and measurement overuse, underuse, and misuse o measurement, assessment, and improvement Question 12 Until the 1970s, healthcare quality activities were primarily based on the Deming approach to continuous improvement o quality assurance methodology synthesis and alignment principle pre-industrial revolution craft model 1 pts When the additional cost of an expensive health service does not exceed the additional benefit it was expected...
Select the appropriate control activities for each of the following definitions. Control Activities b. c Definitions a. The company should maintain security over assets and accounting records. Management should periodically determine whether the amounts of physical assets of the company match the accounting records. The company should provide employees with appropriate guidance to ensure they have the knowledge necessary to carry out their job duties. The actual performance of individuals or processes should be checked against their expected performance. Authorizing...
Requirement a. For each control, identify which element of the five categories of control activities is applicable (separation of duties, proper authorization, adequate documents or records, physical control over assets and records, or independent checks on performance). Internal Controls Control Activity 1. Approved purchase orders are required for all acquisitions of goods. Prenumbered receiving reports are prepared as support for acquisitions and 2. numerically accounted for. Dates on receiving reports are compared with vendors' invoices before entry 3. into the...
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