1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Karolina [17]
3 years ago
10

'Nagia Steel Pvt. Ltd.' has divided the whole of its business into five departments. Now the

Business
1 answer:
iVinArrow [24]3 years ago
3 0

Answer:

Generally speaking, there are five functions of Management. They are:

  • Setting Objectives
  • Planning
  • Execution
  • Measurement
  • Control

The two functions of management identifiable from the passage are:

  1. The setting of Objectives and
  2. Control

Explanation:

Objectives in business are multilateral in nature. They speak to

  • Identifying where the company wants to go
  • How the company is going to get there
  • Who the company will need to get there and
  • What the company will need to get there

In the passage above, the company via it's general manager is defining clearly those the company will need and what each person's role is in helping to achieve such objectives

It is not the responsibility of the employee to define his or her own job or objectives. It is the responsibility of Management.

With regard to the second function which we will identify as Control, when management admits employees, there has to be structure otherwise there would be chaos.

It is the function of management to clearly define reporting lines. Who reports to whom? Who is responsible for overseeing who? Who will lead what team? etc.

We see from the passage that the general manager distributed jobs according to each employees ability. And in doing so also defined reporting lines.

This is an example of the Control function of management.

Cheers!

You might be interested in
When you've carefully checked all the facts and your attitudes and still find that there's "just something" about your superviso
Nataly [62]
True you should always suspect it and try to fix it

6 0
3 years ago
An unanticipated expense that will make it difficult to get by day-to-day would be a candidate for…
tensa zangetsu [6.8K]

Answer:

blehhhhhhhjhhhhhhh

Explanation:

3 0
3 years ago
At the start of the current year, Company A purchased 30% of Company B for $45 million. At the time of purchase, the carrying va
brilliants [131]

Answer: a. $4.5 million

Explanation:

The depreciation to be recognized is;

= Value of Depreciable assets * Percent of company owned

= 15,000,000 * 30%

= $4,500,000

5 0
3 years ago
Rowdy's Restaurants cash flow (in millions) Cash received from: Customers $4,200 Interest on investments 360 Sale of land 260 Sa
uranmaximum [27]

Answer:

$440 millions

Explanation:

The computation of the net cash inflows (outflows) from operating activities is shown below:

Cash flow from Operating activities  

Cash received from Customers $4,200

Interest on investments $360

Less: Cash paid

Interest on debt -$460

Income tax -$240

Purchase of inventory -$2,600

Operating expenses -$820

Net Cash flow from Operating activities         $440 millions

8 0
3 years ago
Victoria is a top executive working with the managers in the major divisions of a multinational corporation to develop their own
fredd [130]

Answer:

The answer is B

Explanation:

Top-down management or leadership which happen or occurs when the goals, objectives, tasks and projects are determined or evaluated among the firm or the company senior leaders, generally independently of their teams.

So, in this case, top executive working with the managers in order to develop or create their own goals. This approach is known as the top down leadership.And under this the tasks, projects are then communicated to the teams.

5 0
3 years ago
Other questions:
  • A statement of cash flows and its related disclosure note typically do not report: a. Stock dividends. b. Notes payable issued f
    5·1 answer
  • What complex issues make it difficult for Early Childhood Education professionals to partner with families?
    6·1 answer
  • Which terms will make the following statement true? When manufacturing overhead is overapplied, the Manufacturing Overhead accou
    5·1 answer
  • Which of these items is a tax deduction?. a)cash awards. b)interest from bonds. c)interest on a home mortgage
    15·1 answer
  • Veronica Gilbert is an accountant for a surf shop that is expanding their retail store locations. Her supervisor has assigned he
    9·1 answer
  • Journalize entries for the following related transactions of Lilly Heating & Air Company using the net method under a perpet
    13·1 answer
  • When entering variables in a spreadsheet function (or in a financial calculator) the "sign convention" can be critical to achiev
    6·2 answers
  • The stockholders' equity of Oriole Company at July 31, 2021 is presented below: Common stock, par value $20, authorized 400,000
    11·1 answer
  • Suppose the price of Good X is $4 and the price of Good Y is $3. If a consumer has a Marginal Rate of Substitution (MRSxy) of 1
    12·1 answer
  • What are some products and services that may be purchased by calling the eight companies customer service number
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!