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What are recommended strategies to monitor and evaluate performance?
Discuss any five general or macro-environmental factors that affect achievement or organisational objectives.
How are the three types of skills related to the execution of the ten management roles and the five management functions?
Factors affecting strategic choice
The trial balance and additional information given below were extracted from the accounting records of Lafarge Limited on 29 February 2016, the end of the financial year
Prepare the Statement of Financial Position as at 29 February 2016.
PRE-ADJUSTMENT TRIAL BALANCE AS AT 29 FEBRUARY 2016
Long-term loan: Aries Bank (16% p.a.) R 80 000 (CREDIT)
Adjustments and additional information
The loan from Aries Bank was obtained on 01 September 2015. Provide for the outstanding interest. (Interest is not capitalised.) Loan repayments (excluding interest) are expected to amount to R12 000 in the next financial year.
How will be the adjustment be entered in statement of financial position (Balance sheet)
In today’s environment, which is more important to organizations—efficiency or effectiveness?
Using examples, identify and discuss the six human resources management responsibilities
Discuss the benefits of implementing organisational structures
Tina has an annual contract with Johnson Insurance Brokers to provide property maintenance services; this includes lawn care, snow removal and parking lot maintenance. Tina spends, on average, 20 hours per week working at the company’s premises and is paid a flat amount monthly. She hires part-time workers, when necessary, to assist her. Tina does not have any other clients.
Tina uses her own small tools; however the company supplies and maintains a riding lawn mower and a snow plow for her use. Her contact at the company is Fred Sinclair, the Facilities Manager, who meets with her every Monday to discuss the work to be done that week. Fred approves Tina’s monthly invoices and submits them to Accounts Payable.
Does Tina have a contract of service or a contract for service with Johnson Insurance Brokers? As the company’s Payroll Supervisor, explain to Fred the process and factors you used to make your decision.
In today's world, innovation is a critical path to sustainability. What is the manager's role in this context?