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Who are the individuals in a company directly responsible for the work performance of other people?
The individuals in a company directly responsible for the work performance of other people are typically managers and supervisors. They oversee teams, set performance expectations, provide guidance, and evaluate employee performance. Additionally, they play a crucial role in motivating staff and addressing any issues that may affect productivity. This responsibility often extends to team leaders and project managers as well.
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What is the role of a director?
A director of a company oversees all the operations of the company. They are usually head of a board of directors and responsible for important decisions in all areas of a company. They can relate directly with the staff in day to day responsibilities as well.
What is the impact of corporate governance on company performance?
Good governance, good performance Poor governance, poor performance
Employee performance appraisal of Toyota company?
Employees of the Toyota motor company are given a performance appraisal each year. New employees are given a performance appraisal after their initial 90 days of employment.
Why are managers stakeholders?
Managers are considered stakeholders because they play a crucial role in the decision-making processes of an organization, influencing its direction and performance. They have a vested interest in the company's success, as it directly impacts their job security, compensation, and career advancement. Additionally, managers are responsible for balancing the interests of various stakeholders, including employees, customers, and shareholders, making their involvement essential for achieving organizational goals. Their leadership and strategic decisions ultimately shape the company's culture and operational effectiveness.
Centralisation Vs Decentralisation?
Centralized organizational structures rely on one individual to make decisions and provide direction for the company. Small businesses often use this structure since the owner is responsible for the company's business operations. Decentralized organizational structures often have several individuals responsible for making business decisions and running the business. Decentralized organizations rely on a team environment at different levels in the business. Individuals at each level in the business may have some autonomy to make business decisions.
How is a competitor a stakeholder?
Because they can be directly affected by a company's performance and, in turn, directly affect their competitors' performance
Who is legally responsible for debt the holding company or the limited company?
I think clients and public who did business with company or with company products are directly responsible legally.
Why is the stakeholder important in a organization?
Stakeholders are those groups, individuals and parties that are directly affected by the practices of an organization and therefore have a stake in the organization's performance. Some of the common stakeholders in an organization are customers, employees, investors, suppliers, local communities, etc. One of the importance of stakeholder is that a stakeholder can provide feedback to a company's performance.
Does an insurance company have to pay the lien holder directly after an auto accident?
An insurance company generally does not pay the lien holder directly. The vehicle owner is responsible for paying for insurance coverage and will often deal with the insurance company themselves after a collision has taken place.
What view of management describes a situation in which managers are directly responsible for a company's success or failure?
It is the view of an unlikely penile shape.
What is the meaning of legal personality in regards to who is responsible for income tax?
Taxation falls on individuals,but legal personality extends to companies: If you start a company and that company has income than that company is liable for taxes
What is the purpose of a financial statement analysis?
The goal in analyzing financial statements is to assess a company's past performance, current financial position; and to make predictions about the company's future performance. This directly relates to stocks, bonds, and other financial instruments.
Who reports to CEO?
The CEO is ultimately responsible for everything that happens within a company. All employees report, indirectly or directly, to the CEO.
Are managers responsible for the success or failure of a company?
Yes, managers play a crucial role in determining the success or failure of a company. They are responsible for setting strategic direction, making critical decisions, and leading their teams effectively. Their ability to adapt to challenges, motivate employees, and manage resources directly impacts organizational performance. Ultimately, while external factors also influence outcomes, strong management is essential for navigating complexities and driving success.
What is the role of a director?
A director of a company oversees all the operations of the company. They are usually head of a board of directors and responsible for important decisions in all areas of a company. They can relate directly with the staff in day to day responsibilities as well.
What company was responsible for the oil spill in Alaska?
Exxon was deemed to be responsible for the Exxon-Valdez spill. Although it was not necessarily directly their fault, they were required to face the consequences of their employees' actions.BP was responsible for the lesser Alaskan Prudhoe Bay spill of 2006.
Who is excutives?
Executives are individuals in high-level management positions within an organization, responsible for making strategic decisions and overseeing operations. They typically include roles such as CEOs, CFOs, and COOs, and their primary focus is on guiding the company's vision, managing resources, and ensuring overall business success. Executives play a crucial role in shaping company culture and driving performance.
