Project manager focus on duties and responsibilities while project leader put the right people on right job. O a. True O b. False
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- When managerial accountants design an evaluation system that is based on criteria for which a manager is responsible, and it is structured to encourage managers to make decisions that will meet the goals of the company as well as their own personal job goals, the framework used is _______. A. a controllable factors framework B. an uncontrollable factors framework C. a strategic plan framework D. a responsibility accounting frameworkExamine the placement of the manager of HR systems in the organization chart of Figure 14.2 (pg. 541) and review the typical functional responsibilities of this manager, decisions made, and information needs as shown in Table 14.1 (pp. 541542). Describe possible alternatives for the placement of this function in the formal organization chart, and discuss the relative advantages for each placement. Consider the variables of centralized versus decentralized organizational structures.A responsibility center in which a manager is responsible only for costs is a(n) a. investment center. b. revenue center. c. profit center. d. cost center.
- Briefly discuss the chain of command for someone being hired into an organization as a staff managerial accountant.When managerial accountants design an evaluation system that is based on criteria for which a manager is responsible, and it is structured to encourage managers to make decisions that will meet the goals of the company as well as their own personal job goals, the framework used is ________. Group of answer choices A. a controllable factors framework B. an uncontrollable factors framework C. a strategic plan framework D. a responsibility accounting frameworkWhen managerial accountants design an evaluation system that is based on criteria for which a manager is responsible, and it is structured to encourage managers to make decisions that will meet the goals of the company as well as their own personal job goals, the framework used is ________.
- Employee Security, High Wages and Promotion from within are best practices within: Question 5Answer a. Building Competitive Advantage through People b. Leadership Strategy c. Staffing the Organization d. Strategic ManagementTrue or false: • Line personnel give assistance to staff employees. • Organizational structure is where authority and responsibility are distributed.Chapter 9 discusses the many functions of Human Resource Management. As future leaders, it is important to understand these different functions and the manner in which they support the daily functions of all managers in the organization. Some of the HR functions will be done solely by HR (for example benefits and compensation) while other functions of HR may be joint efforts with managers in the company (for example performance appraisals are typically done by your supervisor or manager, but your supervisor or manager probably has been trained through HR on how to execute an effective performance appraisal and provided with a template to use). Take some of the HR functions and discuss whether you think that function would be done solely by HR or in conjunction with managers throughout the organization. Give examples to support your thoughts.
- Practice : a: Explain the importance of incentive systems for motivating performance. b: Identify and explain the components of management compensation and the tradeoffs that compensation designers make.Match each of the following with its appropriate term. Controllable factors This is the part of an organization in which management is evaluated based on the ability to contain costs; the manager primarily has control only over costs. Cost center This means to align the goals of the business with the personal goals of the manager. Metric These components of the organization are components for which the manager is responsible and can control. Goal congruence This is the means to measure something such as a goal or target. Investment center This is a system that evaluates management in a way that will link the goals of the corporation with those of the manager. Performance measurement system For this center, management is responsible for revenues, costs, and assets and is evaluated based on these three components. Solution A. B. C. D. E. F.A plant manager who supervises workers manufacturing products, plans for production, and ensures product quality is what kind of manager? Group of answer choices a) Operations b) Top c) Human Resources d) Leadership
