Functions of middle management

Answer 1

The middle management consists of the deputy heads of departments and the sectional officers. Some of their functions include: participating in decision making, motivating supervisory personnel and compiling and issuing detailed instructions regarding business operations.

Answer 2

Contra Asset: Accumulated Depreciation

Ihsan Shinwari

What kind of an account is accumulated depreciation

Accumulated depreciation is a contra asset account. Contra asset accounts are used to record the depreciation of an asset, which is a reduction in the asset's value due to wear and tear or obsolescence. Accumulated depreciation is recorded on a company's balance sheet as a reduction from the original cost of a fixed asset. For example, if a company buys a building for $100,000 and estimates that the building will last for 20 years, it might record $5,000 of depreciation expense per year. After four years, the accumulated depreciation for the building would be $20,000, which would be recorded as a reduction from the original cost of the building on the company's balance sheet.

Use this .

𝕙𝕥𝕥𝕡𝕤://𝕨𝕨𝕨.𝕕𝕚𝕘𝕚𝕤𝕥𝕠𝕣𝕖𝟚𝟜.𝕔𝕠𝕞/𝕣𝕖𝕕𝕚𝕣/𝟜𝟛𝟠𝟚𝟛𝟞/𝕀𝕙𝕤𝕒𝕟𝕦𝕝𝕝𝕒𝕙𝟠𝟘𝟡/

Ihsan Shinwari

Needs and wants examples

Needs are basic requirements that are necessary for survival, such as food, shelter, and clothing. Wants are non-essential items that people desire but do not need for survival.

Here are some examples of needs:

Food, water, and clothing to stay nourished and protected from the elements

A place to live, such as a house or apartment

Health care and medical treatment to maintain good physical and mental health

Education and training to acquire the knowledge and skills necessary to succeed in life

Here are some examples of wants:

Luxury items, such as designer clothes and expensive jewelry

Recreational activities, such as vacations and hobbies

Entertainment, such as movies, concerts, and sporting events

Electronic devices, such as smartphones and laptops

Ihsan Shinwari

What is Scientific Management theory?

Scientific management is a theory of management that focuses on maximizing efficiency by breaking down tasks into smaller components and standardizing the work process. It was developed by Frederick Winslow Taylor in the late 19th and early 20th centuries.

The main principles of scientific management are:

Division of labor: Work is divided into smaller, specialized tasks to increase efficiency.

Time and motion study: Work processes are analyzed to identify the most efficient way to perform each task.

Standardization: Work methods and tools are standardized to eliminate waste and improve efficiency.

Management by rules: Managers are responsible for establishing clear rules and procedures for workers to follow.

Training and development: Workers are trained to perform their tasks according to the most efficient methods.

Scientific management was influential in the early development of modern management practices, but it has been criticized for its lack of emphasis on the human element in the work process and its focus on efficiency over other goals such as employee satisfaction.

Scientific management was influential in the early development of modern management practices, but it has been criticized for its lack of emphasis on the human element in the work process and its focus on efficiency over other goals such as employee satisfact

Functions of middle management

Middle management refers to the level of management in an organization that is responsible for implementing the decisions of top management and overseeing the work of lower-level managers and employees. The specific functions of middle management can vary depending on the size and structure of the organization, but some common responsibilities include:

Setting goals and objectives: Middle managers often play a key role in setting targets and objectives for their teams or departments and ensuring that they align with the overall goals of the organization.

Planning and organizing: Middle managers are responsible for developing and implementing plans to achieve the goals and objectives of their teams or departments. This may involve coordinating resources, setting priorities, and delegating tasks.

Leading and directing: Middle managers are responsible for leading and guiding their teams or departments, which may involve motivating and inspiring employees, setting performance expectations, and providing feedback and support.

Monitoring and controlling: Middle managers often have a role in monitoring the progress of their teams or departments and taking corrective action as needed to ensure that goals are being met. This may involve tracking key performance indicators and analyzing data to identify trends and issues.