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Continue Learning about Management

Why is management primarily responsible for the lack of controls?

Management is primarily responsible for the lack of controls because they set the organization's policies, procedures, and culture, which directly influence how effectively controls are implemented. If management fails to prioritize or enforce control measures, employees may not adhere to them, leading to gaps in compliance and oversight. Additionally, management's decisions regarding resource allocation can impact the development and maintenance of control systems, reflecting their commitment to effective governance. Ultimately, it is management's accountability to ensure that adequate controls are in place to mitigate risks and achieve organizational objectives.


Problems resulting from using a piecemeal approach to project management?

1.Fails to prioritize the selection of the project by their importance of their contribution to the firm. 2. Does not tie to the Strategies of the Organisation.3.Resource allocation and scheduling can be a problem.4.Are not integrated throught the project life cycle.5.Fails to balance the project management with the organisation's culture


Disdvantages of an organisation who fails to understand the management?

An organization that fails to understand management may struggle with poor decision-making, leading to inefficiencies and wasted resources. Lack of effective leadership can result in low employee morale and high turnover rates, as staff feel unsupported and undervalued. Additionally, without a clear management strategy, the organization may face challenges in achieving its goals, leading to stagnation or decline in competitiveness. Overall, this misunderstanding can hinder growth and innovation, impacting long-term success.


Toyota's strategic role of supply chain management?

The accurate supply chain management is vital for the proper functioning of the production company, such as Toyota. Only in this way all manufacturing plants can work without interruptions, all materials are of good quality and customers get good products at fair price in the shortest possible time from the order. If supply chain management fails factories are idle and shops are empty.


5m's of management?

The Five M's are essential to business management. They are man, materials, machines, minutes and money. Without any of these resources, the management model fails. Man represents the right kind of personal to get the job done. Materials are necessary if humans are to accomplish the goals of the project. Machines are essential in stepping up production. Minutes rely on effective time management to accomplish business goals. Money means any business will fail without the needed funding to run the operation properly.

Related Questions

What are the relationship between principles of organization and management and accountancy?

The three are supposed to work in tandem if the goals of the company are to be realized. If one fails, the company will not realize its intended goals.


What happens to your body if your system fails?

If your digestive system fails you will suffer and possibly die from malnutrition.


What if the sergeants fails to make sure employees perform correctly?

just practice


What happens when MBR fails?

When MBR fails then the operating system will not load.


The advantages of merit system in education?

I am doing a research assignment on copmaring government merit systems to private industry standards. My comment is that whenever a large organization has employees where this system fails the whole system such as employees have sexual laisons and in the worst case scenario when students are involved, There are drawbacks.


What doctor would you need if the circulatory system fails?

you would need a cardiology doctor if the circulatory system fails


What is Troubleshooting Action with a military rifle?

Steps taken when the weapon fails to perfom as it is supposed to.


What happens if a train system fails?

The answer depends on what the system controls.


What were the weaknesses of the organization?

If the management fails to create a friendly, conducive and safe environment to its employees, then it should be considered as the biggest weakness of all. As any of the other weakness can be successfuly overcome with happy staffs!


Can you suffocate in an elevator if the ventilation system fails?

Yes, if the ventilation system fails in an elevator, there is a risk of suffocation due to a lack of fresh air.


What will happen if one of the system fails to carry out of its function properly?

If one part of a system fails to carry out its function properly the rest of the system will be affected and other parts of the system will work harder.


What will happen if one part of the system fails to carry out its function?

If one part of a system fails to carry out its function properly the rest of the system will be affected and other parts of the system will work harder.