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Who is responsible for establishing a private company's internal control?

management


What are the factors influencing span of control of management?

The actual level of the management is a factor that influences the span of control of management. Other factors include the type of work involved, and the degree of centralization within the company.


Why does risk management fail?

The only reason for risk management to fail is if the risks weren't adequately identified and inproper management at the beginning of the project.


What happens to companies that fail to maintain an adequate system of internal control?

Company may be subject to charges of fraud


What is quality control management?

Quality control management is widely used in manufacturing companies. Quality control ensures that all products that a company makes and provides to consumers is in a good working standard before it leaves their possession.


Define a company and explain how shareholders exercise control of the company business and directors conduct in the management of the companys affairs?

answer question please


What is meant by management process?

Management process refers to planning and controlling the performance or execution of an activity in an organization. There can be two types of management processes including; process management and project management. Process management deals with the performance and management system. Management process is conducted by the top management of the company. It is the most important process because it gives the control to management over the tasks of the company.


What is the meaning of policy management?

Well, it means policy-------management. Policy=A proposed or adopted course or principle of action. Management=The responsibility for and control of a company or similar organization So..................... You get it?


Why do firms not engage in strategic management?

Firms do engage in strategic management as do all business enterprises.If you fail to plan you plan to fail.


Home construction Company?

Jade Homes Construction Company understands Project Management and control which is the key to successful execution of House construction.


What is efficiency management?

Efficiency management can be defined as the control of the output or productivity levels. Each company aims to have optimal productivity and thus has to manage efficiency.


Why should you have a budget?

Budgets are tools for control and management. With the help of budgets company evaluates that how well its management has performed as well as budgets are used for performance measurement.

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