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What are some of the things managers can learn by walking around and having daily contact with line employees that they might not be able to learn from looking at data and reports?
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What are the Various tasks of a professional manager?
Managers supervise their employees. They are also responsible for creating reports for top management. Managers also interview and hire other employees.
Do Managers write?
Managers are expected to write reports, letters, memos, and policy statements
What is nug work?
Nug work is hands on work usually completed by lower level employees. Writing reports, creating documentation and other tasks beneath the level of supervisors and managers.
What is efficient reports?
The reports that are to the point are called efficient reports. These reports could be made by efficient employees.
What is structure as in organization?
The word structure refers to a series of relationship and chain of command which is found in any given system in an organization.The structure can be from the top that is the Executives to Departmental Managers and Employees Structure is normally derived from three levels of management i.e a)The top management-The Executives. b)Middle management-The departmental managers. c)Lower management-Assistant managers and employees. From the analysis of the word structure,it is deduced that the lower management usually reports to the middle management,middle management reports to the top management who inturn use the information for decision making purposes.
How many employees does General Electric have?
GE reports 287,000 employees as of December 2010.
What is the primary criterion for the preparation of managerial reports?
meet managers need
Why is it that span of control at the chief executive level is usually narrower than that at operative level?
At the top of the hierarchy, doesn't have many direct reports. This makes his span of control narrow. Lower in the ranks, managers are responsible for numerous employees.
What is the primary criterion for the preparation of managerial accounting reports?
meet managers need
Why is it important for business managers to understand the information found on financial reports?
Business managers must understand financial reports so that they can correct any problems in production. If they don't understand, they could potentially lose money during production.
One of your employees has been injured and asks to see reports of other accidents like the one she suffered What should you do?
Any medical reports for employees should be kept confidential. Only the manager, employee, and medical facility should have access to any reports.
Explain the Scope of Management Accounting?
Management accounting helps managers determine where their departments can be improved. Accounting reports help managers know what weaknesses exist in their processes.
