Main approaches to internal controls

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A1."Elton Mayo's contribution to management is significant where some argue that he is a humanistic contributor for management". Discuss the important contributions of Hawthorne Studies to management?

A2."Fayol's "14 Principles" was one of the earliest theories of management to be created, and remains one of the most comprehensive. He is considered to be among the most influential contributors to the modern concept of management". Identify and discuss any TWO principle by Fayol which you feel is still relevant in management of organization's today.

A3."Managers are constantly making decisions, and those decisions often have significant impacts and implications for both the organization and its stakeholders". Distinguish the two approaches to decision making and explain whether it is wiser for top-level executive to hire managers whose decision making approaches are similar or different to yours?

A4."Programmed Decision are a repetitive decision that can be handled by a routine approach". Identify and discuss any TWO common types of programmed decisions used in organizations.

A5.Managers plan, organize, direct, and control resources to achieve specific goals. Mintzberg identifies certain roles that are performed by managers in performing these management functions. Identify and explain managerial roles?

A6.There are three main approaches to internal controls: detective, preventative and corrective. With relevant examples explain any TWO types of control used in organizations?

A7."The true measure of the value of any business leader and manager is performance." Referring to Robert.L. Katz framework explain the essential skills required by a manager?

Reference no: EM132799042

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