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In a corporation what group has the ultimate responsibility for protecting and managing the stockholders' interests?
The board of directors of a corporation holds the responsibility for the protection and management of the investor's assets. A corporation's board of directors are voted in by the shareholders to serve as representatives on their behalf. In order to serve as an effective member, they are required to display objectivity, and always provide a strong defense of shareholders' rights.
Why are managers important to an organization?
He gets things done. He manages the work, staff, and administration and strives always for maximum efficiency and savings.
How do managers handle a fast pace and manage their time and juggle?
They always think it through first one day before and in the morning.
The most effective managers of the future will?
The effective manager of the future will be creative, deal well with people in all aspects of the organization, and always thinking ahead. These effective managers keep the line of communication open to and from employees as they anticipate problems. They are on the constant look-out for opportunities to further the organization's goal.
Decision making process of an organization?
Decision-making is a crucial part of good business. The question then is 'how is a good decision made?One part of the answer is good information, and experience in interpreting information. Consultation ie seeking the views and expertise of other people also helps, as does the ability to admit one was wrong and change one's mind. There are also aids to decision-making, various techniques which help to make information clearer and better analysed, and to add numerical and objective precision to decision-making (where appropriate) to reduce the amount of subjectivity.Managers can be trained to make better decisions. They also need a supportive environment where they won't be unfairly criticised for making wrong decisions (as we all do sometimes) and will receive proper support from their colleague and superiors. A climate of criticism and fear stifles risk-taking and creativity; managers will respond by 'playing it safe' to minimise the risk of criticism which diminishes the business' effectiveness in responding to market changes. It may also mean managers spend too much time trying to pass the blame around rather than getting on with running the business.Decision-making increasingly happens at all levels of a business. The Board of Directors may make the grand strategic decisions about investment and direction of future growth, and managers may make the more tactical decisions about how their own department may contribute most effectively to the overall business objectives. But quite ordinary employees are increasingly expected to make decisions about the conduct of their own tasks, responses to customers and improvements to business practice. This needs careful recruitment and selection, good training, and enlightened management.Types of Business Decisions1. Programmed Decisions These are standard decisions which always follow the same routine. As such, they can be written down into a series of fixed steps which anyone can follow. They could even be written as computer program2. Non-Programmed Decisions. These are non-standard and non-routine. Each decision is not quite the same as any previous decision.3. Strategic Decisions. These affect the long-term direction of the business eg whether to take over Company A or Company B4. Tactical Decisions. These are medium-term decisions about how to implement strategy eg what kind of marketing to have, or how many extra staff to recruit5. Operational Decisions. These are short-term decisions (also called administrative decisions) about how to implement the tactics eg which firm to use to make deliveries.
Who do external auditors report to?
The report is always directed the shareholders ,partners ,managers ,directors or members of board.
Who viewed 'managers are motivated by their self interest and they maximise their utility function'?
The view that "managers are motivated by their self-interest and they maximize their utility function" is often associated with the principles of agency theory. This theory posits that managers (agents) act in their own interests, which may not always align with the interests of shareholders (principals). The concept reflects the idea that managers seek to maximize their personal benefits, such as compensation, job security, and power, potentially at the expense of shareholder value. This perspective is widely discussed in economics and organizational behavior literature.
In a corporation what group has the ultimate responsibility for protecting and managing the stockholders' interests?
The board of directors of a corporation holds the responsibility for the protection and management of the investor's assets. A corporation's board of directors are voted in by the shareholders to serve as representatives on their behalf. In order to serve as an effective member, they are required to display objectivity, and always provide a strong defense of shareholders' rights.
Are shareholders owners of company?
The company is not always the property of the shareholders. The company is in part the property of the shareholders if it is a publicly traded company.
What is the advisory role of the human resource manager?
Almost always, LINE MANAGERS supervise all employees, deciding who to hire, when to discipline, who to promote and who to fire. HR staffers advise, but seldom overrule manager's decisions.
Why best programmers do not always make the best software managers?
Testing
Do acting managers usually get the managers job?
No they do not always get the job. It depends on the organization, what type of individuals they are looking for, and who they feel is the right fit for the position.
What did Humer always try to do?
Humer always tried to balance his financial responsibilities to his shareholders with his ethical responsibilities to the millions of people who use Roche's drugs.
Can directors also be shareholders?
Yes, directors can be shareholders. In most small businesses, in fact, the directors are almost always shareholders. In larger companies, directors' compensation often includes stock or stock options so even individuals who did not own stock in the corporation at the time they were first elected as directors become shareholders over time through their purchase of stock or exercise of their stock options.
In a persuasive speech always relate your topic to the interests of?
the audience
Distinguish between entrepreneurs and professional managers?
Professional managers work in a methodical way. Entrepreneurs have a different style of completing tasks that isn't always conventional in method.
What do you get a boy for his birthday?
A gift card to a store that interests him is always safe.
