Managerial competence is a. The power of the manager to award rewards and penalties b. The authority of the manager to hire new employees c. The ability of a mana to perform a particular job function d. The power to make decisions in conditions of a risk
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Managerial competence is
a. The power of the manager to award rewards and penalties
b. The authority of the manager to hire new employees
c. The ability of a mana to perform a particular job function
d. The power to make decisions in conditions of a risk
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- 17 Identify the first principle in the process of risk assessment? a. Management specifies objectives with sufficient clarity to enable the identification and assessment of risks relating to its objectives. b. Management identifies and analyses risks to the achievement of its objectives and uses that as a basis for determining how the risks should be managed. c. Management considers the potential for fraud in assessing risks to the achievement of its objectives. d. Management identifies, analyses, and responds to changes that could significantly impact its system of internal control.You have been hired as a Cost Accountant by Sundial, Inc., which produces sunglasses. Your duties include developing cost standards for materials and labor, designing and implementing cost accounting systems, defining various product and operational costs, analyzing production costs and recommending changes. When the trial period is over, you will have a performance review to demonstrate the completed tasks and gained knowledge. In order to achieve the purpose of delegation, controlling tasks, and improving decision-making, Sundial, Inc. decides to decentralize and introduce a Management Control System. As a new assignment, your boss asks you to prepare a proposal for Responsibility Accounting, which implies creation of four decentralized units (responsibility centers). The organizational structure of Sundial, Inc. looks as follows: Divisions Vice President Sunglasses Product Manager Sunglasses Plant Manager Finance CFO Sundial, Inc. President and CEO Sunglasses Distribution Manager…David heads the research department of a large brokerage firm. The firm has many analysts, some of whom are subject to the Code and Standards. If David delegates some supervisory duties, which statement best describes her responsibilities under the Code and Standards? 1. David retains supervisory responsibility for all subordinates despite her delegation of some duties. 2. David's supervisory responsibilities do not apply to those subordinates who are not subject to the Code and Standards. 3. David no longer has supervisory responsibility for those duties delegated to her subordinates. 4. David should only supervise closely those subordinates who are not subject to the Code and Standards. (Ctrl) -
- 101) In Agency Theory: a) The stockholder is the agent b) The management is the principal c) Both A and B d) Neither A nor BPart A. When does negotiation of an employment offer by a candidate occur? A) Before a written offer is received B) After a written offer is received C) During the interview with the hiring manager D) Negotiation of an employment offer is not possible. Part B. When does negotiation of an employment offer by a candidate occur? A) Before a written offer is received B) After a written offer is received C) During the interview with the hiring manager D) Negotiation of an employment offer is not possible. Part C. What does the Emergency Medical Treatment and Active Labor Act of 1985 (EMTALA) require? A) All hospitals should take care of patients for free. B) Doctors must accept all patients who seek their care. C) Emergency rooms that receive federal money must provide screening and care for a patient with an emergency condition. D) Patients in active labor can get care at any facility they choose. E) None of these is correct. Part D. Interpretive justice is important to understanding…You are finance director in a public sector organization that has experienced difficulty attracting and retaining skilled staff. To assist in overcoming this problem, the board has engaged a consultant to recommend an improved benefits structure, to apply to all staff. The consultant has produced his report, and you have been asked to consider the proposed staff benefits structure, and make appropriate recommendations to the board. You study the report, conduct appropriate research, and assess the costs involved. You conclude that it will be necessary to increase staff costs, but you believe these will be offset by the efficiencies brought about by recruiting and retaining high-quality staff. The report contains the following recommendations: Benefits should be related to the length of service of members of staff. After one year of continuous employment, a member of staff will qualify for private health insurance. Private health insurance should cover the member of staff and his or her…
- Decision regarding the risk that is taken in the senior management orders when closing positions in investment portfolios to guarantee profitability for its clients, after an announcement from the FED that indicates that the possibility of losses in stock titles in the capital market has increased . Select one: a.Mitigation. b.Acceptance. c.Transfer. d.Control.11.Following are the objective of OSH Committee EXCEPTA. To enhance interest and motivation of all groups of management and workers at workplace.B.To foster cooperation and consultation between management and workers in hazard management andcontrol risk.C. An effective channel for communication to exchange ideas to solve OSH problems.D.To give training and certificate to private agencies pertaining to management and technical aspects ofoccupational safety and health. 12.Which is FALSE for interpretation of "employee" as in Occupational Safety & Health Act(OSHA) 1994. A.Services are temporarily lent or let on hire to the principal employer by the person withwhom the person whose services are to lent.B.Employees employed by or through him, means a person who has undertaken theexecution at the place of work.C.Person who is employed for wages under a contract of service on or in connection with thework of an industry.D.Directly employed by the principal employer on any work of, or…Tamara has requested your help in choosing a disability policy. She has been a successful trial attorney for 10 years and wants a policy that will pay a disability benefit if she can no longer work as a trial attorney, even if she is able to work in some other capacity in the legal profession. Which of the following disability definitions will provide this benefit? A)The enhanced own occupation definition B)The own occupation definition C)Reimbursement occupation definition D)The modified any occupation definition
- Which of the following statutes listed below does not govern the private sector arbitration of disputes? A. The Labor Management Relations Act (LMRA) B. The Federal Arbitration Act (FAA) C. The Fair Labor Standards Act (FLSA) D. The Railway Labor Act (RLA) One public sector equivalent to profit sharing is the: A. Variable Wage Formula B. Cost of Living Adjustment C. Deferred Wage Increase D. Lump-Sum Payment An employer refuses to hire a “salt” when the applicant is not generally interested in getting the job. This is viewed as an unfair labor practice. A. True B. False Only management is involved in the selection of an arbitrator when a dispute arises under the collective bargaining agreement. A. True B. FalseYou have recently obtained employment at RL Ltd. The manager of this successful medium sized business enterprise is keen to implement and formalize some ethical practices in the business. She asks you and your team provide detailed overview about a current ethical issue(s) which affects any well-known company of your choice. Required: Research and report on the unethical issue/s affecting the company Examine how the unethical issue/s has impacted the business Examine the company's ethical code of conduct or a statement of corporate social responsibility. To what extent is it following the code? Make recommendations on how the company could resolve the unethical issue/e and also how they can also improve the ethics of its operations.Which employee involvement group has the highest power to make proposals and the greatest amount of information? Why?