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Financial Resource Management Reaching Essay

… The theory for taxing does allow them however, in practical terms, to invest some amount in taxable securities from tax exempt issues while waiting for expenses to be taken care of. In theory it means, if not for profit companies can work in a tax arbitrage environment, they can create huge amounts of income just by dispensing tax exempt bonds with the intention of capitalizing in bigger yielding securities which are taxable to investors outside not for profit industry. For instance, the not for Profit Company can sell tax exempt bond with 5% interest rate and take the revenues generated to put into U.S. Treasury bond which generate 6% (Helvin, 2008).

Equity or debt capital can be employed to finance a company's assets. Both these…. [read more]


Financial Scandals and Management Essay

… The justice principle requires the theories to present actions that are fair in management decision-making. The beneficence principle expects one to do good. The theory of deontology requires one to adhere to their obligations and responsibilities. In this theory, Enron executives are obliged to serve their stakeholders with dignity. They were responsible for the employees, debtors and customers.

However, it is not easy to apply the managerial ethics and management principles as suggested by Jackall (2010) and Mintzberg (1989). This is because managers in today's business world have a different managerial behavior as compared to the behavior of the classical theorists Henri Fayol and Henry Mintzberg. This is because managers are faced with larger workloads, and an organizational structure that has a pattern that is…. [read more]


Change Management Theory Case Study

… However, the theory and approach of contingency caused me to think otherwise. This approach challenges my personal perspective and view that there is "one best way" of going about organizational change management. The contingency approach indicates that the style of change varies in view of the scale of change and the reception that the organizational members have towards the change. Therefore, in view of this approach, I learnt that there is no particulate way of managing change to the effectiveness of all organizations and companies. The approach specified that the change is only equal to the uniqueness of the situation in question. This is true as the managerial or other change that a company that deals in the manufacturing process is not similar to that…. [read more]


Personal Responsibility for College Students Essay

… Personal Responsibility in College

The Significance of Personal Responsibility in College

Academic success in college is, naturally, largely a function of academic aptitude and talent. But there are other factors that may be even more important than innate intellectual ability. Consider that the vast majority of college students who are neither at the very top not at the very bottom of the range of academic ability (Gordon, Habley, & Grites, 2008). Those in the top few percentiles are so naturally gifted as students that they may not necessarily have to be particularly responsible to achieve success. Some of them may, in fact, be considerably irresponsible, yet their ability allows them to get away with it. The bottom few percentile may have too little natural intellectual…. [read more]


Management Principles Management Leadership Model Term Paper

… There is a pre-assumption that the leader's traits existed before leadership and most of them failed to approach the study of personality. Several studies aiming at identifying some of the leadership traits reveal that most of the traits were unimportant compared to other traits (Dereli, 2007). In this context, some scholars have argued that the failure to outline leadership traits should account to the lack of measurement and comparison of data from the many studies conducted. Some of the recent studies utilized measurement procedures focusing on managers and leaders.

Behavioral Theories of Leadership

The lack of tracing important leadership traits urged scholars to explore the behaviors exhibited by specific leaders. Behavioral studies of leadership primarily aim at identifying behaviors that distinguish leaders from non-leaders. These…. [read more]


Financial Risk Management Essay

… Some argue that Hedges are much more popular when it comes to large business, institutional stockholders and portfolio managers as deliberately applying economic instruments empower them to cut down investment risks meaningfully. Investors will need to be able to acknowledge the goal or objective that is behind utilizing hedging methods but other criticize that this does not have to be their job.

Some believe that Hedging is good for the reason that it removes losses owing to market rate variations. On the other hand it also removes likely gains because of these fluctuations which really are a bonus to some organizations. Some would say that it is not worth it because there is always a small charge related with the extra hedging dealings. Many believe…. [read more]


Management Theories and Philosophies Term Paper

… Management Theories and Philosophies

Royalco Resources Limited (Royalco) has been engaged in the management of the resources based on the royalties and the exploration of mineral tenements that are located in the UK. The business established in the year 1929 to manufactured the mining appliances for diverse mines around the United Kingdom. Royalco Resources Limited survived the world war through numerous recessions (Boyett & Boyett, 1998-page 34). The organizations adopted the hybrid of the classically and scientifically managed the theory for a couple of years, this has been proved to be successful with the popular processes that have not yielded the growth of reputation through the surrounding areas. The financial rewards are perfect as the workers provide the efforts through the achievements of the endeavors.…. [read more]


Management Strategies the History SWOT

… After the tactical shaping, is the implementation of the contingencies. The aspect of governing is analyzed and deliverables are confirmed. The execution process begins with the revision of the estimated prices and evaluation of the stages.

There will be better management of the company's resources, hence minimal costs and higher profits.

Immediately after appointment.

Motivation of the employees.

Operations and support of the strategy are managed and there has to be flexibility that allows for termination of the strategy, in case it does not work as expected. Liability is evaluated and necessary actions taken. At this point, strategies are functional.

Employees will feel content with their job, hence better service delivery.

3 months.

Review and evaluation of the strategies

The strategies will only be effective…. [read more]


Management as a Profession Essay

… (aim.com.au) Finally, the Asian Association of Management Organisations (AAMO) a collective of national management professional organisations which include 17 member nations including Australia, Cambodia, Hong Kong, India, Japan, South Korea, Macau, Malaysia, Mauritius, Mongolian, Nepal, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka and Taiwan, offers particular information and networking among members regarding professionalization of management, further education and trends in the region. The organisation is a leader in the region, particularly for their work in developing the capability index (the basis for the earlier AU research data) which clearly develops those core elements or as they put it, major drivers in management capability to provide profitable business growth or other defined success in non-companies. The eight major drivers with corresponding rankings are: Visionary & Strategic…. [read more]


Management and Supervision in Social Work Term Paper

… Management & Supervision in Social Work

The team of Alfred Kadushin and Daniel Harkness has published a book titled Supervision in Social Work, which has a number of key ideas and strategies about the leadership needed by supervisors and management in social work. This paper reviews and critiques that book as well as an excellent book by author Donna Hardina, an Empowering Approach to Managing Social Service Organizations.

Supervision in Social Work -- an Overview

This book embraces a wide variety of subjects that are germane to social work and to the leadership / supervision required to provide the best possible services to clients, and the best possible working conditions in the office. It begins with a historical overview of the field of social work,…. [read more]


Personal Cash Management Policies Research Paper

… This will ensure smart investments and hence profitable safeguarding of the personal liquid working capital. Again, these personal financial plans and strategies can be best created and executed in an environment where appropriate internal control policies are in place. This will ensure that the regular use of certain strategies is the safest and most fruitful. The paramount level of personal cash management principles can be attained using the following strategies (Agarwal, 2001):

a) The overall importance of time and its role in the cash flow is recognized as an integral part of all personal financial plans, management strategies and projects.

b) No personal cash transaction will take place until the approval from the delegated authority is not received in a timely manner (Agarwal, 2001).

c)…. [read more]


Management Chapter 1-The Influence of the Project Research Paper

… ¶ … Management

Chapter 1-the influence of the project procurement process on the design management strategy

The client may choose one of many available methods of procurement. This may result in different contractual and managerial relationships with the design team. In many instances, each method is unique in its approach and overall direction. Interestingly the entire design team, or design unit, may be within the client's own organization, an independent consultant or part of a contractor's organization. However with the many different facets of project procurement there are similarities as it relates to the overall management strategy. These similarities are common with all procurement processes and should be addressed appropriately with the client. These aspects heavily influence the design management strategy as the often come…. [read more]


Managing Diversity Matters a Study Essay

… e. Airline Pilots, Engineers and Apprentices, at QANTAS. One can easily witness the neutral vision of QANTAS Management towards its female workforce as out 284 winners of eExcel recognition programme, 40% of whom were female (QANTAS, 2009, p. 7). The statistics related to extended leaves showed a much higher number of 1213 taken by female staff as compared 167 leaves taken by male staff. (QANTAS, 2010, p.5). Also, initiatives include Life Assist, Health Assist, Trauma Assist, Manager Assist, Money Assist and Family Assist, can show QANTAS commitment to ensuring that its female staff enjoys work life balance. This situation is similar to the situation in Pocock (2005), where greater flexibility of work was offered

Where these reports were presented by QANTAS advocating itself, therefore one…. [read more]


Applied Management and Decision Sciences Thesis

… ¶ … management and decision sciences from various theorists; and, analyzes the evolution of managerial decision making from scientific management to the complicated forecasting models used today. The objectives of the Breadth component were four-fold: (a) to examine the theories of applied management and decision sciences as interpreted by the research of Ducker (1974), Harrison (1975), and others as listed in the reference section; (b) to analyze the historic evolution of decision making from scientific management to modern applications of operations research; (c) to examine the decision making process, with a particular emphasis on the importance of values and management judgment; and (d) to describe, assess, and evaluate various decision evaluation tools including matrix analysis, influence diagrams, payoff matrices, sensitivity analysis, decision tree, probabilistic forecasting,…. [read more]


Finance Financial Management in Non-Profit Term Paper

… "Beyond all of this, of course, is the need to peer around the corner and look toward the organization's long-term future challenges, which can be five to 10 years in the future" (Epstein & McFarlan, 2011).

Governance

The make up of the board of directors is another major difference between for profit and non-profit organizations. In both cases the original board is shaped by the same people who founded the corporation and, in both cases, directors are given set terms. Things alter when it comes time to re-elect or replace these board members. In the case of a for profit business each share of stock allows its owner to one vote and owners of several shares have several votes. It is probable for the person…. [read more]


Financial Managers and Compliance Managers in Healthcare Research Paper

… Financial Managers & Compliance Managers in Healthcare

The healthcare field represents both a beacon of health services and a business institution. Hospitals and healthcare facilities confront intense demands to lowers costs and simultaneously improve treatment quality. The healthcare industry employs financial mangers to oversee and administer financial reports, investments, and the managers are expected to be knowledgeable about healthcare financing (U.S. Bureau of Labor Statistics, 2011). Healthcare institutions also rely on compliance managers to ensure legal and regulatory rules of the organization are followed accordingly (JD, 2011). Staffing financial managers and compliance managers are critical to the monetary and legal survival of any healthcare business. Many healthcare providers require financial managers to have a bachelor's degree in accounting, and compliance managers to have a degree…. [read more]


Financial Managers and CEO's Play Term Paper

… This means that they are involved in mergers, acquisitions and the like. (Financial Managers)

Financial managers have to understand the minute details of business transactions and the impact that these transactions will have on the overall financial well being of the organization. (Financial Managers)

The role of the financial manager is also changing in that many financial managers are expected to have leadership abilities that were once reserved for CEO's and business managers. Because financial managers are often required to work with different types of people, the ability to display leadership qualities is paramount.

Financial Management as the best preparation for becoming a CEO

Certainly, it seems that being a financial manager would be good preparation for becoming a CEO. However, it is not clear…. [read more]


Management Control Systems Essay

… This approach of using an MCSP as both a control system for accounting, finance and operations combined with market data is unique to IKEA. Their approach to measuring performance underscores the ability they have to attain high levels of customer loyalty and profitability as well.

Another example of how MCS as packages support organizational objectives and increase performance is the use of the perfect order metric in manufacturing, the reduction in Days Sales Outstanding (DSO) in financial statements and increases in customer satisfaction all emanating out of having a solid MCSP platform in place that unifies and strengthens the organization in pursuit of financial and market-based goals.

References

Cruz, I., R. Scapens, and M Major. 2011. The localisation of a global management control system. Accounting,…. [read more]


Management Principles Explain the Term 'Corporate Essay

… Management Principles

Explain the term 'corporate (or organizational) culture' and discuss its importance to the operational success, or failure, of organizations.

Corporate culture refers to the act of developing intellectual and moral talents, especially by way of education. It can also include the moral, social, and behavioral standards of an organization based on the beliefs, attitudes, and priorities of its members. Every organization has its own exclusive culture or set of values. Most organizations don't deliberately try to create a certain culture. The culture of the organization is usually created instinctively, based on the values of the top management or the founders of an organization (Corporate Culture, n.d.).

The significance of corporate culture is growing as the result of several recent happenings in the business…. [read more]


Management Skill and Competencies Term Paper

… Management Skills & Competencies

Skills and Competency Grid for the 21st Century Manager

The purpose of this work is to first create a skills and competency grid for the 21st Century manager based on the topics of the forces of change affecting management processes and people. The difference between efficiency and effectiveness as it relates to management. The use of management functions such as planning, leading organizing and controlling. Further this work will compare and contrast the similarities and differences in precisely how different types of managers perform the major functions and analyze the impacts of management on informational, interpersonal and decisional roles. This work will evaluate the lifecycles of the organization and its influence on management practices as well as assess the interdependence of…. [read more]


Managing Across Cultures 30 Essay

… Managing Across Cultures

Business management strategies are changing rapidly as the domestic and international business environment is converting into a big challenging of functioning beyond boundaries. In this regard, managers are playing vital roles in dual capacities. On the one hand they are business managers and developers who need to achieve their goals important for the growth of the bank. On the other hand they need to manage the operational processes effectively (Stringfellow, n.d). The recent global changes in the regulation and competitive structures are making positions even more complex. The ability of managers now cannot be judged on the basis of what are the quantitative results and achievements but what now is more important is to maintain high quality of work with a motivated…. [read more]


Management and Organizational Behavior Research Paper

… Management & Organizational Behavior

Management and Organizational Behavior

Using the Management Skill Set Assessment by Alan Chapman an analysis has been completed comparing my self-assessment to my immediate manager's perception of my performance on the 22 factors that comprise this framework. 13 of the factors were classified as a level factors, seven as B. factors and 2 as C. factors. Across the entire set of 22 factors, the average score of the rankings I gave myself was 8.36 and my supervisor's was 6.86. This difference of approximately 1.5 points across all factors held consistent across all three categories of factors (a, B and C). The greatest variation however was in the C. class of factors with a deviation of 2 in the average scores (8.75…. [read more]


Personal Have Chosen to Pursue a Graduate Term Paper

… Personal have chosen to pursue a graduate degree in education administration for many reasons. Looking back on my career, it's apparent that I've been attracted to work requiring the skills conducive to becoming a success in this field. Leadership, interpersonal and communication skills and general administration are areas where my passion and enjoyment have brought me great satisfaction. Now, I'm ready to take the next step to advance my skills and make even greater contributions.

Leadership is the key strength that I can contribute to education. In this area, I have a strong record of accomplishments. Recently, I was the Assistant Athletic Director and Assistant Baseball Coach as San Jacinto Community College where I participated in all phases of coaching, training, game management and preparation.…. [read more]


Police Management, Irrespective Essay

… It allows police management to better ascertain various situations and to react accordingly. Curtain circumstances will warrant a different framework. As such the leader has flexibility in deciding which framework to use, given the present circumstances. This coincides with the changes in organizational structure discusses in detail above. Police management now has more freedom to make quick decisions. These decisions however vary in degree of difficulty and complexity. The Four Frameworks theory allows police management is make better informed decisions regarding unforeseen problems. One framework will not be as effective as the other in certain aspects. Through proper use of the four framework approach, the police manager can cater his decisions as the circumstances warrant. In regards to the overall police agency, each associate is…. [read more]


Management Principles Explain the Terms Organic Essay

… Management Principles

Explain the terms organic and mechanistic in relation to organisations.

Organizations require both organic and mechanistic elements in their structures to survive by being able to successfully respond to threats and opportunities while stabilizing their core functions. The concept of the value chain as originally defined by Dr. Michael Porter illustrates how the core functions of how a business generates profits must be organic enough to respond quickly to market opportunities and threats yet stable enough in line-of-business functions to consistently deliver strategies (Porter, 1990). The value chain is one of the more flexible frameworks for illustrating how organic and mechanistic organizations can co-exist and complement each other over the long-term.

The ability of organizations to attain their most challenging objectives are often…. [read more]


Management Theory From the Wall Street Journal Term Paper

… Management Theory From the Wall Street Journal Article Review

Descriptive Summary

According to Carol Hymowitz of the Wall Street Journal, a fundamental paradigmatic shift is being forced upon human resource departments in terms of the way they operate during economic slowdowns. Her January 28, 2008 article "They Ponder Layoffs, but Executives Still Face Gaps in Talent" states that companies are experiencing a dearth of talented people to fill vacant positions because aging top managers are retiring in record numbers. To cut costs during economic slowdowns, traditionally companies let go even some promotable employees, and did not look for new or additional workers. But in 2008, despite the fact that recession seems on the horizon, many companies are embarking upon job searches to fill critical management…. [read more]


Management Assessing Essay

… He needs to make it clear there are rewards for excellent performance and consequences for failing to deliver shipments on time. The ability to use short-term rewards and a long-term orientation of transformational leadership is critical for giving organizations a clear sense of mission (Mathis, Jackson, 2011). In conjunction with defining a performance program for drivers, he needs to define an overarching vision for the department and communicate how each person has a vital role to play in its fulfillment.

The third significant issue is the lack of role clarity and assignment. George needs to concentrate on defining how each role matters to the department and show employees what success in their roles look like. He also needs to set threshold levels of performance as…. [read more]


Management and Organisational Behaviour the Past Few Essay

… Management and Organisational Behaviour

The past few decades have been characterized by various changes on multiple organizational levels. And a most relevant such change is the development of a strong corporate culture that integrates all shareholders and has them working together as to sustain the organization in reaching its overall objectives. Compared to half a century ago, the ultimate goal of an economic entity remains the registration of increased profits, but today, they strive to achieve this by ensuring full customer and employee satisfaction, increased value to the shareholder and the development of the communities where the organizations operate. In other words, the operational activities within companies have changed and adapted to various forces in the micro and macro environments. Similarly, the managerial approach has…. [read more]


Management and Leadership According to Michael Maccoby Term Paper

… Management and Leadership

According to Michael Maccoby (2000), "Management is a function that must be exercised in any business, leadership is a relationship between leader and led that can energize an organization." Managers perform specific duties in their place of employment: their functions are clearly defined and their goals explicit. Leaders, on the other hand, often act more as visionaries. As such, their tasks are not always clearly defined. Leaders are called upon to inspire people in times of discontent or to motivate groups or individuals to change. Although many leaders are excellent managers and many managers make good leaders, some people excel at one over the other. The roles of leaders and of managers in an organization differ and therefore, the two terms deserve…. [read more]


Management-Verizon Management Term Paper

… Management-Verizon

Management: VERIZON

In the past few years, the competition among companies that sell and support cellular phone telecommunications has dramatically increased; as a result, management and leadership strategies have emerged as key factors in determining the long- term success or ultimate failure of such organizations. In maintaining a healthy organizational culture, management and leadership take on several different roles and responsibilities. Verizon, one of the three of the most popular phone companies, has built its business on a simple, powerful premise; the more people connected to a network, the more valuable the network is to those who use it (Verizon 2006, at pp.1). Verizon has focused on servicing the customer, and ranks higher than the industry average on customer service. The phone company offers…. [read more]

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