Question
In July 2021, Matthew Olsen, Head of Finance of XYZ Management Consulting had just set aside an amount of R300,000.00 to cover the renovation of
In July 2021, Matthew Olsen, Head of Finance of XYZ Management Consulting had just set aside an amount of R300,000.00 to cover the renovation of all the organisation's offices. The money will be held in a savings account at a local bank that pays 6.50% interest per annum. Half of the money will be drawn in August and the rest when the job is completed in 90 days.
Q. 1
Compare the various decision-making conditions, discussion with reference to the case
Q. 2
Matthew had to meet with all the other Heads of Departments (i.e., Marketing and Human Resources) to discuss the plan in the above scenario. Identify and explain the type of 'formal organisational communication flow' applicable when Matthew met with the rest of the team.
Q.3
Although costly, XYZ Management Consulting wants to develop an information system. Matthew believes an information system is required to ensure integrity of data and information confidentiality. Describe the activities involved in the development of an information system in the context of XYZ Management Consulting.
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