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Q: What is a act for the stockholders to set policies make major decisions and hire top corporate management?
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Continue Learning about Management

What is the function of the corporate planning department?

Strategic Management - strategic planning; corporate performance through balanced scorecard; risk management; organizational excellence; alignment of methods of operations; polices formulation & implementation Financial Management - corporate financial policies, financial procedures, resource allocation; resource utilization; F/S & Management reports


Difference between administration and management and organisation?

Nature of workAdministration: It is concerned about the determination of objectives and major policies of an organization. Management: It puts into action the policies and plans laid down by the administration.Type of functionAdministration:It is a determinative function. Management: It is an executive function.ScopeAdministration:It takes major decisions of an enterprise as a whole. Management: It takes decisions within the framework set by the administration.Level of authorityAdministration:It is a top-level activity. Management: It is a middle level activity.Nature of statusAdministration:It consists of owners who invest capital in and receive profits from an enterprise. Management: It is a group of managerial personnel who use their specialized knowledge to fulfill the objectives of an enterprise.Nature of usageAdministration:It is popular with government, military, educational, and religious organizations. Management: It is used in business enterprises.Decision makingAdministration:Its decisions are influenced by public opinion, government policies, social, and religious factors. Management: Its decisions are influenced by the values, opinions, and beliefs of the managers.Main functionsAdministration:Planning and organizing functions are involved in it. Management: Motivating and controlling functions are involved in it.AbilitiesAdministration:It needs administrative rather than technical abilities. Management: It requires technical activitiesManagement handles the employers.Administration handles the buisness aspects such as finance.


Why top management keep the major policies in confidence among themselves?

why top management keep major policies in confidence among themselves


Why top management keep major policies in confidence among themselves?

Why top management keep major policies in confidence among themselves?


What is the relationship between management and the administration of the organisation?

management is to plan,formulate policies, coordinate activities while an administration is to implement the formulated policies by management.

Related questions

What is mattel inc mission statement?

Mattel's (the "Company") Board of Directors (the "Board") strives to ensure good corporate management and governance. It selects, monitors, evaluates and supports the Chief Executive Officer and oversees the development and pursuit of corporate policies and strategies. It serves the Company's stockholders through a strong commitment to the effective and ethical management of the Company in a manner which optimizes sustainable long-term profitability and is responsive to the legitimate interests of other corporate constituencies, such as employees, customers, suppliers and the communities in which the Company operates.


What is the function of the corporate planning department?

Strategic Management - strategic planning; corporate performance through balanced scorecard; risk management; organizational excellence; alignment of methods of operations; polices formulation & implementation Financial Management - corporate financial policies, financial procedures, resource allocation; resource utilization; F/S & Management reports


Five interests affected by public policy decisions?

Numerous interests are affected by public policy decisions. Five examples are: food policy decisions affect consumer and corporate interests, public policy decisions affect crops that are allowed to be grown which affect consumer, farmer, and corporate interests; policies concerning the handicapped affect their interests, many types of policy policy decisions affect corporations' interests, and policies about animals affect the interests of pet owners and farmers.


What are Pricing Decisions Policies and Practices?

what is pricing decisions policies and practices


What was the benefit of being a stockholder in a corporation?

The benefit of being a stockholder in a corporation is primarily the potential for financial gain. As a stockholder, you have the opportunity to earn dividends from the company's profits and increase the value of your investment through capital appreciation. Additionally, you may have the right to vote on important company matters and have a say in shaping corporate policies and decisions.


Is a PHR certification important in management?

If you are going to be involved with HR policies and decisions, yes. Visit HRCI.org for details about if you qualify to take it.


What are managers doing when they use the business rules management system?

A Business Rules Management System (BRMS) allows company policies and the decisions related to those policies to be defined and monitored. This takes a lot of the work load away from the managers so that they can focus on other business matters.


Difference between administration and management and organisation?

Nature of workAdministration: It is concerned about the determination of objectives and major policies of an organization. Management: It puts into action the policies and plans laid down by the administration.Type of functionAdministration:It is a determinative function. Management: It is an executive function.ScopeAdministration:It takes major decisions of an enterprise as a whole. Management: It takes decisions within the framework set by the administration.Level of authorityAdministration:It is a top-level activity. Management: It is a middle level activity.Nature of statusAdministration:It consists of owners who invest capital in and receive profits from an enterprise. Management: It is a group of managerial personnel who use their specialized knowledge to fulfill the objectives of an enterprise.Nature of usageAdministration:It is popular with government, military, educational, and religious organizations. Management: It is used in business enterprises.Decision makingAdministration:Its decisions are influenced by public opinion, government policies, social, and religious factors. Management: Its decisions are influenced by the values, opinions, and beliefs of the managers.Main functionsAdministration:Planning and organizing functions are involved in it. Management: Motivating and controlling functions are involved in it.AbilitiesAdministration:It needs administrative rather than technical abilities. Management: It requires technical activitiesManagement handles the employers.Administration handles the buisness aspects such as finance.


Is a store liable when a grocery cart corral breaks apart and hits your car?

The corporate policy outlines the responsibility on property damage done by their shopping carts. They will post these policies on carts and entrance doors. Check with management for a copy of their policies.


What is the difference between management and administration?

There are many factors according to which administration can be distinguished from management. These are as follows:Administration: It is concerned about the determination of objectives and major policies of an organization. Management: It puts into action the policies and plans laid down by the administration. Administration:It is a determinative function. Management: It is an executive function. Administration:It takes major decisions of an enterprise as a whole. Management: It takes decisions within the framework set by the administration. Administration:It is a top-level activity. Management: It is a middle level activity. Administration:It consists of owners who invest capital in and receive profits from an enterprise. Management: It is a group of managerial personnel who use their specialized knowledge to fulfill the objectives of an enterprise. Administration:It is popular with government, military, educational, and religious organizations. Management: It is used in business enterprises. Administration:Its decisions are influenced by public opinion, government policies, social, and religious factors. Management: Its decisions are influenced by the values, opinions, and beliefs of the managers. Administration:Planning and organizing functions are involved in it. Management: Motivating and controlling functions are involved in it. Administration:It needs administrative rather than technical abilities. Management:It requires technical activities Management handles the employers. Administration handles the buisness aspects such as finance.


Are corporate codes of ethics written by government officials?

No, corporate codes of ethics are typically written by a corporation's board of directors with input from human resources and legal departments. Corporate codes of ethics are, however, heavily informed by government decisions - laws, policies, and court rulings - in order to ensure that the company is promoting compliance as an ethical principle.


What has the author Edward J Shea written?

Edward J. Shea has written: 'Ethical Decisions In Sports' 'Administrative policies for intercollegiate athletics' -- subject(s): Management, College sports