What are the three levels and management? What are their similarities? What are their differences?
What will be an ideal response?
The three levels of management are executive, middle, and first-line. The executive level is at the top of the management hierarchy. This type of manager is often responsible for the organization as a whole. The middle level of management receives the broad strategies from executives and translates them into programs. The emphasis of the middle manager is actually implementing the broad organizational plans. The first-line manager is directly responsible for the details and activities of the subordinates. This level is the link between managers and non-managers. All three levels perform all the different types of management functions—although on a different scope. The real difference between these levels lies in the decision making that is required of the managers on those levels.
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Bonds are generally issued in denominations of $1,000
a. True b. False Indicate whether the statement is true or false
As an in-charge auditor, you are reviewing a summary of control weaknesses in cash disbursement procedures. Which one of the following weaknesses, standing alone, should cause you the least concern?
A. Checks are signed by only one person. B. Treasurer fails to establish validity of names and addresses of check payees. C. Cash disbursements are made directly out of cash receipts. D. Signed checks are distributed by the controller to approved payees.
Answer the following statements true (T) or false (F)
1. Pay for performance compensation plans base employee pay on the number of job-relevant skills or academic degrees they earn. 2. Stock options allow certain employees to buy stock at a future date for a discounted price. 3. Research shows that the cubicle is a motivational environment for most employees. 4. Participating on virtual teams necessarily requires individuals to be available for electronic communication 24 hours a day.
James was disciplined for missing three deadlines in a row. His manager said that this was an unacceptable number of deadlines to miss. However, James knows that another employee has missed many more deadlines and not faced any disciplinary action. This case appears to violate one of the rules of ______ in discipline.
A. coaching B. Just Cause C. counseling D. misconduct