Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 16.5, Problem 2CC
Why is it important to understand your limitations in communicating to others and in larger groups?
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Our firm has been the auditor of Caribild Products, a listed company, for a number of years. The
engagement partner has asked you to describe the matters you would consider when planning the audit for
the year ended 31 January 2022.
During your recent visit to the company, you obtained the following information:
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profit before tax of $8 million. Assume sales and profits accrue evenly throughout the year. In the year
ended 31 January 2021, Caribild Products had sales of $220 million and profit before tax of $16 million.
(b) The company installed a new computerised inventory control system, which has operated from 1 June
2021. As the inventory control system records inventory movements and current inventory quantities, the
company is proposing:
(i) To use the inventory quantities on the computer to value the inventory at the year-end
(ii) Not to carry out an inventory count at the year-end…
How Lean management in manufacturing is applied through focusing on waste discount, continuous improvement, and performance to Circuit City?
Six Sigma is a statistics-driven business strategy focused on reducing defects, enhancing best, and optimizing procedures, how does it apply to Circuit City?
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Chapter 16 Solutions
Principles of Management
Ch. 16.1 - Describe the communication process.Ch. 16.1 - Why is feedback a critical part of the...Ch. 16.1 - What are some things that managers can do to...Ch. 16.2 - How are you managing your e-mails now? Are you...Ch. 16.2 - How would you communicate to a colleague that is...Ch. 16.2 - What are the three major types of communication?Ch. 16.2 - How can you manage the inflow of electronic...Ch. 16.2 - What are the major influences on organizational...Ch. 16.3 - What are the major roles that managers play in...Ch. 16.3 - Why are negotiations often brought into...
Ch. 16.4 - How are corporate reputations affected by the...Ch. 16.4 - Why is corporate reputation important?Ch. 16.5 - Is it ethical for U.S. companies to lay off...Ch. 16.5 - Discuss the internal and external communications...Ch. 16.5 - What are the four components of communication...Ch. 16.5 - Why is it important to understand your limitations...Ch. 16.5 - Why should managers always strive to improve their...Ch. 16 - Describe the communication process.Ch. 16 - Whys is feedback a critical part of the...Ch. 16 - What are some things that managers can do to...Ch. 16 - Compare and contrast the three primary forms of...Ch. 16 - Describe the various individual communication...Ch. 16 - How can managers better manage their effectiveness...Ch. 16 - Which communication roles are most important in...Ch. 16 - Identify barriers to effective communication.Ch. 16 - How can barriers to effective communication be...Ch. 16 - How should Facebook respond to the 2014 research...Ch. 16 - Should the company promise to never again conduct...Ch. 16 - How can Facebook balance the concerns of its users...Ch. 16 - What processes or structures should Facebook...Ch. 16 - Respond in writing to the issues presented in this...
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