FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In the interest of parsimony Fayols (1916) management process was reduced to three functions: planning, implementation, and control. Discuss why the adoption of the management

In the interest of parsimony Fayols (1916) management process was reduced to three functions: planning, implementation, and control. Discuss why the adoption of the management process contributes to organisational performance as opposed to studying and applying what it is that managers do.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Management Strategies For Business Decisions

Cost Management Strategies For Business Decisions

Authors: Ronald Hilton, Michael Maher, Frank Selto

4th Edition

0073526800, 9780073526805

More Books

Students also viewed these General Management questions

Question

★★★★★
What does the Institute for International Economics suggest about the benefits of free trade?

Answered: 1 week ago

Question

★★★★★
Apply the moment-distribution method to determine the moment at each joint of the parabolic haunched frame. Supports A and B are fixed. Use Table 132. The members are each 1 ft thick. E is constant....

Answered: 1 week ago

Question

★★★★★
3. Consider the following quote: Implied U.S. dollar/New Zealand dollar volatility fell to 10.1%/11.1% on Tuesday. Traders bought at-the-money options at the beginning of the week, ahead of the...

Answered: 1 week ago

Question

★★★★★
Consider a low-speed open-circuit subsonic wind tunnel with an inlet-to-throat area ratio of 12. The tunnel is turned on, and the pressure difference between the inlet (the settling chamber) and the...

Answered: 1 week ago

Question

★★★★★
In the interest of parsimony Fayols (1916) management process was reduced to three functions: planning, implementation, and control. Discuss why the adoption of the management process contributes to...

Answered: 1 week ago

Question

★★★★★
Problem 1 During 2017, Barden Building Company constructed various assets at a total cost of $12,600,000. The weighted average accumulated expenditures on assets qualifying for capitalization of...

Answered: 1 week ago

Question

★★★★★
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Claimjumper Sales Variable expenses...

Answered: 1 week ago

Question

★★★★★
=35 Let X and Y be normally distributed with X-N(14, a) and Y~N(22, a), a > 0. a. Find b so that P(X > b) = P(Y 20) = 0.112. Find P(16 Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★
During 2024, its first year of operations, Pave Construction provides services on account of $160,000. By the end of 2024, cash collections on these accounts total $110,000. Pave estimates that 25%...

Answered: 1 week ago

Question

★★★★★
For a function for 50 guests you require 8.500 kg of trimmed lamb. Trimmings are 20 %. How much lamb do you need to order from stores? Provide your answer to 3 decimal places) Also consider the...

Answered: 1 week ago

Question

★★★★★
An investment universe of the following risky assets with a dependence structure (correlation) is given. Use the ready appropriate formulae from Portfolio Optimisation Lecture. Asset A 0.02 0.05 1...

Answered: 1 week ago

Previous Question Next Question