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PRIME - lifestyle management company - was created in 2006.

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11y ago

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What is the relationship between shareholders and managers?

When you hold a share of a company, you are an investor in the company. You have invested your money in the company and it is the prime goal of the company's management to ensure that they earn sufficient revenue and profit for you "the investor" who has invested in the company. Ideally speaking, shareholders can be considered as owners of the company and the managers can be considered as employees working for the company.


What are the 3 prime objectives of project management?

scope, cost, time


What is the difference between managing director and president of the company?

The difference between managing director and president of the company is like prime minister and president in India. While both the managing director and prime minister are having wider power in day to day operation of the company/country, both the president of the company and country are mere rubber stamps (though both posts are highly honorable) and their discretionary powers are during AGM of the company,signing important papers/documents and for president of the country, the powers are exercised during independence day celebrations,opening/concluding speeches during budget sessions etc.


Why should information control and security be a prime concern to management?

Information control and security should be a prime concern for management because they protect sensitive data from breaches and unauthorized access, which can lead to significant financial losses, legal liabilities, and reputational damage. Additionally, robust security measures foster trust among customers and stakeholders, ensuring compliance with regulations and standards. By prioritizing information security, management can safeguard the organization's assets and ensure continuity in operations. Ultimately, effective information control enhances overall business resilience and competitiveness.


Who is higher the managing director or the Chairman?

Officially by Protocol, the Chairman is the head of a company.final decision is taken by the Chairman only. However managing director have all the operational decision powers and control Inside the company. Its like presidential and Prime Ministerial position in countries like UK and India ,where president (In uk Its the princess ) is the head of the nation, but all powers are in the hands of prime ministers .

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