It is a function of management wherein the manager decides what the people will do and who will hold the job

Why is internal control so critical to the success of a business?

Comparing actual budget spending with estimated budget spending at a point in time is an example of:         A product quality metric         A planning quality metric         A process quality metric         A project quality metric

True or False: Management by objectives (MBO) is a goal-setting and performance management approach that involves setting clear objectives, and employees are then evaluated based on their ability to achieve these objectives.

One crucial aspect of management involves fostering a culture of continuous improvement within organizations. Continuous improvement, also known as Kaizen in Japanese management philosophy, refers to the ongoing effort to enhance processes, products, and services incrementally over time. This approach emphasizes the involvement of employees at all levels in identifying inefficiencies, generating ideas for improvement, and implementing changes to achieve better outcomes. By fostering a culture of continuous improvement, organizations can increase efficiency, reduce waste, enhance quality, and stay competitive in rapidly evolving markets. However, implementing continuous improvement initiatives requires commitment from leadership, effective communication, and a willingness to embrace change. Additionally, overcoming resistance to change, sustaining momentum, and measuring the impact of improvement efforts are common challenges faced by organizations. How can managers effectively promote…

Imagine a scenario where we are supervising outbound logistics for our U.S.-based organization in a third-world country.  We are assigned to a contracted factory co-owned by the local government and a local entrepreneurial family.  The factory's operations appear very profitable.  We continue to be bothered by what seems to be unequal treatment of one ethnic group working at the factory.  Our informal investigation into the situation indicates that the ethnic group in question is part of a local indigenous tribe where members are increasingly moving into the local village where the factory is located in order to earn money as their tradition of living off the land is increasingly difficult due to drought.  Using a more formal approach, how might we proceed with making or recommending an ethical decision