Which of the following statements is true about the positions indicated on the organisational structure below: Board of Directors Financial Advisor Assistant to MD Manager Division-A Managing Director Manager Division-B A. The Human Resource Manager holds Staff Authority OB. The Financial Advisor has line authority Human Resource Manager Legal Advisor Manager Division-C OC. The Managing Director holds Staff Authority OD. The Board of Directors constitute members of first-line management Clear my choice
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- The UK Corporate Governance Code (2018) gives guidance on Division of Responsibilities. Which TWO of the following are principles which apply in this area? A. The board should include an appropriate combination of executive and non-executive (and, in particular, independent non-executive) directors, such that no one individual or small group of individuals dominates the board’s decision-making. There should be a clear division of responsibilities between the leadership of the board and the executive leadership of the company’s business. B. The roles of chief executive and company secretary should be done by the same person where possible. C. Full time executive directors are actively encouraged to take on additional non-executive directorships in other companies. D. The chair leads the board and is responsible for its overall effectiveness in directing the company. They should demonstrate objective judgement throughout their tenure and promote a culture of…Which among the following is one of the advantages of the McKinsey 7S model 1 It is considered a long-term modelWith the changing nature of businesses, it remains to be seen how the model will adapt. 2 It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 3 It is considered a longstanding theory, with numerous organizations adopting the model over time.1. Organizational Structures with M&E Functions2. Human Capacity for M&E3. Partnerships for Planning, Coordinating and Managing the M&E System4. M&E frameworks/Logical Framework5. M&E Work Plan and costs6. Communication, Advocacy and Culture for M&E7. Routine Programme Monitoring8. Surveys and Surveillance9. National and Sub-national databases10. Supportive Supervision and Data Auditing11. Evaluation and Research 12. Data Dissemination and UseBased on the 12 components above, kindly assume an organization of your choice and evaluate the Monitoring and evaluation system of the chosen organization by answering the questions below. 1. Which of the 12 components of the M&E System are being applied in your organization and how? 2. Using the 12 components, list the strengths and weaknesses of the M&E System in your organization.3. How can the identified weaknesses be addressed?
- The strategic management process is: a. A decision-making activity concerned with a firm’s internal resources, capabilities, and competencies, independent of the conditions in its external environment. b. The full set of commitments, decisions, and actions required for the firm to achieve above-average returns and strategic competitiveness. c. A process directed by top-management with input from other stakeholders that seeks to achieve above-average returns for investors through effective use of the organization’s resources. d. A set of activities that will assure a temporary advantage and average returns forthe firm.Which of the following explains why in Mendelow’s Classification Stakeholders in Segment C must be treated with care. These stakeholders may participate in decision-making. They do not have great ability to influence strategy, but their views can be important in influencing more powerful stakeholders, perhaps by lobbying. They are capable of moving to Segment D. They should therefore be kept satisfied. Large institutional shareholders might fall into Segment C. Without their participation, the organization will have difficulty continuing as a going concernNicole is a manager in Worsall plc's financial reporting team. No finance function staff report to her. she has the authority to require compliance information for a range of managers in other functions and advise them on issues that arise. she also has the authority to direct them on actions to take where they are not compliant with company or external regulations. Nicole's types of authority indicate that she is aa/ protect managerb/ functional managerc/ staff managerd/ line manager
- e, Year and Section cion: Answer the following items in an essay form. Give examples if possible. Make sure ar own words. -What is the difference between a chairman of the board and a president of a bank? 2. Kindly state the functions of the following committees of a bank. Give examples a. The Executive Committee fWhich ONE of the following is not a valid difference between executive and non- executive directors? Select one: O 1. Executive directors work full-time, whereas non-executive directors work part-time. O 2. Executive directors tend to be paid considerably more than non- executive directors. 3. Executive directors are involved in the management of the company, whereas non-executive directors are not expected to be involved in management. 4. Non-executive directors should be independent, whereas the executives will usually not be.Suppose you work for a well-known local restaurant, and a friend ofyours is an account representative for a supplier of restaurant equipment. You know the restaurant owner is considering upgradingsome of the kitchen equipment. Although you have no purchasingauthority, your friend has asked you to arrange a meeting with therestaurant owner. You have heard unflattering rumors about thissupplier’s customer service.1. Would you arrange the meeting between your friend andyour boss?2. Would you mention the customer service rumors either toyour friend or your boss?3. Would you try to influence the purchase decision in eitherdirection
- Saif is the head of marketing department in Al diyar hotel. He is responsible for planning,organizing,and controlling all activities and employees in his department. Which level of management he fit in? a. Middle management b. Non management c. Lower level management d. Top managementMr. Khalid is the new general manager of ABC Company and he is planning to classify the organization into different departments such as production, selling and financing. What pattern of departmentation Mr. Khalid is planning in the given situation? a. Combination of both functional and divisional b. Departmentation by functions c. Departmentation by Product or Services d. Divisional structureThe obligations of an investor-owned company's board of directors in the strategy-making, strategy-executing process include A) taking the lead in developing the company's business model and strategic vision. B) coming up with compelling strategy proposals to debate against those put forward by top management. C) taking the lead in formulating the company's strategic plan but then delegating the task of implementing and executing the strategic plan to the company's CEO and other senior executives. D) overseeing the company's financial accounting and financial reporting practices and setting CEO compensation. E) approving the company's operating strategies, functional-area strategies, business strategy, and overall corporate strategy.