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Explain about the top management functions in brief.
Top Management:
This includes Board of Directors, Chief Executive, Managing Directors, Owners and Share holders as well as General Managers.
Top management functions are:-
1. Setting fundamental objectives and goals
2. Contracting or Expanding activities
3. Establishing policies
4. Monitoring performance
5. Designing or redesigning the organization system
6. Shouldering financial tasks and many more.
It allocates costs based on the price elasticity of demand. Yet higher the elasticity (elastic), the lower the charge of fixed costs when allocated amongst products.
Information system as well allows a firm to develop a strategic information base that is able to provide information to support the firm's competitive strategies. Information in a
Reread the following peer-reviewed journal article from the previous unit''s study and begin looking for each of the six core elements as noted in the Unit 4 assignment. The six co
Question 1: (a) Define the concept of ‘organisation' and ‘organisational behavior' (b) Discuss the importance of job satisfaction in organisations. Question 2: (a) D
QUESTION Your Managing Director has asked you to prepare a presentation for the staff of the Human Resources Department who have no experience in interpersonal skills and how t
How is the consideration of objectives affected? Consideration of objectives: As the objectives have a significant bearing onto the organization structure, merely those o
You have decided to sell some goods at a local music festival. You have hired a sales stand for $500. Your cost per item is $3 and you will sell each item for $5. When you did your
QUESTION (a) Interpersonal skills are vital for interacting with people individually and in groups and developing such skills contribute to communication effectiveness in the o
This is the time gap between placement of an order and the time of actual supply. The determination of lead time is a complicated matter. It is of core significance i
The formula for computing additional paid-in capital in excess of par is shares of stock times
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