Comparison between Measured Performances and Performance Standards- Essay ! The next step in the control process is to compare actual performance to the standards set for such performance. This comparison is less complicated if the measurement units for the standards set and for the performance measured are the same and are quantitative in nature. Such […]
Comparison between Measured Performances and Performance Standards
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The Management’s Responsibilities towards Stockholders, Consumers, Government and Community
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The management is responsible and accountable to many groups. Sometimes, the interests of these groups conflict with each other. Hence management must conduct its affairs in such a manner as to be fair and equitable to all parties who have a vested interest and claim on management. (more…)
Essay on Managerial Skills (818 Words)
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Essay on Managerial Skills (818 Words)! A skill is an acquired and learned ability to translate knowledge into performance. It is the competency that allows for performance to be superior in the field in which the worker has the required skill. All managers need to possess technical, interpersonal, conceptual, diagnostic, communicational and political skills. […]