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- Best choice28. Hi Everything Co., a manufacturing firm, with a range of locations and products is hierarchical. For 10 years, clear but detailed criteria were used to report up through many layers. Due to voluminous reporting, the firm simplified the criteria allowing judgment so that only a very few risks get to the top. Some managers are concerned that the revised system may not be effective. What would you suggest? a. Continue with the new system to show confidence that managers' judgments at all levels are trusted at the top b. Involve managers in developing a hybrid of the old and revised systems c. Revert to the old system, because important risks might be missed d. Start over with a completely new third approach 29. Internal audit plays several key roles in ERM. Which of the following is not a legitimate role for internal audit to undertake? a. Offering consulting services in support of risk management b. Identifying the risk universe c. Constructing an annual plan based…Some managers in your organisation are reluctant to accept flexible working, for example working arrangements that allow employees to vary the amount, timing or location of their work. Discuss using a reporting style, five (5) potential benefits to the business of offering flexible working.
- Please write it 300 words for each discussion questions.1) Some recent studies indicate that nine out of ten employers observe the electronic behavior of their employees, from tracking their Web-surfing habits to implanting GPS tracking chips in their arms. Discuss whether managers are justified in monitoring employees to this degree.2) Demonstrate how each element of human resource strategic planning supports the other elements through a (brief) scenario showing the likely consequences if one element is mishandled.3) After reviewing the range of earnings across various jobs on salary.com, it should be clear that income disparity in our economy is considerable. Explain whether or not you believe that the degree of variation is justified. Explain your rationale.4) Progressive income taxes (the more you earn, the more you pay) are designed in part to reallocate earnings. Does the approach seem fair? Explain your answer.9 Which quote is the best representation of someone with a participative leadership style? a. “You are all going to be so thrilled when you see what projects that I have set in place for the next few weeks. I went ahead and made a list of benefits that each project will surely create for our company.” b. “I have made quite a few changes to the company’s objectives for next quarter, and I expect that everyone will be prepared and ready to implement all changes by the end of next month with no delay.” c. “Now that I have shared my ideas with you all, I would like to spend a few minutes answering any questions you may have.” d. “Feel free to form your own groups for this project. You are more than welcome to Page | 3 make the final decision as long as you stay within the budget.” 10Which quote is the best representation of someone with an autocratic leadership style? a. “You are all going to be so…4- Which of the following are the most important management skills according to Mintzberg? a. Technical, behavioral and conceptual b. Technical, human and conceptual c. Systematic, human and conceptual d. Technical, human and cognitive
- 4.1 With the aid of appropriate examples, explain the importance of planningto management. 4.2 Describe how traditional management has had to adapt to modern digital management. Provide examples to support your answer.15) In business the saying of “do not put all your eggs in one basket” refers to: a) Not being dependent on a single business to meet stockholders Expectations b) Not being dependent on a single hierarchical structure c) Implementing multiple strategies at the same time d) A and B e) A and B and CDan Grayson felt physically and emotionally spent and was ready for a time-out from his daily office routines. He was a self-identified workaholic with broad experience and knew the responsibilities of his position. He was never given a project that he did not relish doing, but this orientation would soon become problematic. Accordingly, as the number of projects under his purview grew, he became stretched and stressed. Thus, it came as no surprise that he would be waiting with hurried anticipation for the Christmas–New Year break, a week of paid time off. Generally, Dan enjoyed his position as program director for the Credit Builders Association (CBA), a national 501(c)(3) nonprofit organization that provided training and resources for low-income clients with credit problems. He loved being able to help vulnerable people establish creditworthiness and have a lasting impact on the lives of others in this way. Although national in scope, CBA had a staff of only ten employees—a…
- 1) Strategic planning sometimes refers to strategy formulation. * True False 2) Intuition is based on past experiences and certainty. * True False 3) A firm evaluating the appropriateness of its business and the latest technological tools is considered as a firm adapting to change. * True False 4) CEO, president, and owner of a firm are also known as strategists. * True False 5) In order to evaluate internal and external factors, some parameters such as numbers, percentages, ratios, and quantification should be used. * True False 6) Policies refer to the means through which strategies will be attained. * True Falsecontent differentiates the "What" and "How" aspects of management. Which elements of the "What" aspect are most important? Which elements of the "How" aspect are most important"? Why?Explain why ethical auditing is the regular comprehensive evaluation of the compliance of the firm’s ethical policies and procedures. This should be a 1-2 pages paper written in standard APA format.
