The Function Of Management Control - 1387 Words

 ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬_____________________________________ Assessment 2 Research Exercise BUS 106A Introduction of Business – A T3/14 (Control Issues) Prepared by: Nirendra Adhikari Student no. 11401185 Timing: Tutorial on Monday 9am – 11pm, LA-T1 Tutor: Katerina Pantzikas Due date- 19th Jan 2015 Table of Substance: ïÆ'Ëœ Introduction...................................................................................................Page 3 ïÆ'Ëœ Feedforward Control..................................................................................Page4 ïÆ'Ëœ Concurrent controls.....................................................................................Page4 ïÆ'Ëœ Feedback controls.........................................................................................Page5 ïÆ'Ëœ Financial Control..........................................................................................Page5 ïÆ'Ëœ Conclusion......................................................................................................Page 6 ïÆ'Ëœ References......................................................................................................Page 6 Introduction: The function of management control refers to all processes which will keep manager up to date about the organisation’s operation. That will help the manager to take necessary decisionShow MoreRelatedControl Function Analysis : Change Management1507 Words   |  7 Pages Control Function Analysis Joshua Poole MGT/426 11/28/2016 Introduction Change management is an approach of modifying people, teams and organizations from the present status to a future preferred status in order to implement a certain strategy. It is an essential function in any project of an organization because it continuously enables an organization to stay current with other organizations in the marketplace. Change is essential for every organization. In order to achieve desirableRead MoreControl Function Analysis : Change Management1488 Words   |  6 Pages Control Function Analysis Introduction Change management is an approach ofmodifying people, teams and organizations from the present status to a future preferred status in order toimplement a certain strategy. 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These functions of a manager define the manager’s responsibilities and duties in the running of a company. The main function that is of critical importance is one of control. Control is important because it is the only way managers know whether organisational goals are being met and if not, the reasons why. Control entails setting standards of quality, comparing actual performance with required performance standards andRead MoreSeven Processes Of Practical Management1638 Words   |  7 PagesSEVEN PROCESSES OF PRACTICAL MANAGEMENT - PART 1B Forecasting This is a function of management as proposed by Henri Fayol. It is a process of predicting a future event and forms the basis for reducing the risk in all decision making. Successful forecasting depends on effective qualitative (judgemental) and quantitative (mathematical) methods and the ability to analyse data and results. Forecasts are rarely perfect because of their random nature and are more accurate for grouped data and over shorter

Climate Change And The Global Warming - 2248 Words

Abstract Increasing scientific confidence in estimates of the effects of climate change has recently been catapulted into mainstream media which has forced many to confront the subject of global warming and climate change. A decade ago the subject of global warming was not as widely accepted by the scientific community as it is today. Now, due to recent advances in technology, most scientists agree that climate change and the effects humans are having on it is indeed scientific fact. A different approach has been used, compared to the past, to investigate the small differences in land and sea temperatures. The results have led most scientists to conclude that climate change has significantly increased over the past 200 years. This conclusion was reached based on data collected over 10,000+ years and comparing it to the average normal temperature rise and fall between the centuries and millenniums. Climate Change Climate change and the effect it has had on global warming has been a scientific subject discussed for the last 30 years; however, only recently has it became a highly debated issue in world politics and pop culture. In fact, according to United Nations Children’s Fund (UNICEF), climate change is one of only a few topics that many countries across the world have agreed upon as a potential future cataclysmic issue which must be discussed by world leaders who should also address it with their citizens. The vast majority of scientists are not onlyShow MoreRelatedGlobal Warming And Climate Change974 Words   |  4 Pagesabout global warming, whether it is true or false. Is there evidence to prove that global warming has impacted the climate due to the rise in the earth’s temperature? Climate change is a problem that is worldwide that should be reviewed. The rise in the earth’s temperature has caused some impact to the weather and climate changes to many places worldwide. 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This means that, no matter what policies, processes or actions are implemented, the Earth as we know it will never be the same again. There is significant evidence to support this hypothesis. The dilemma becomes whether we can limit the damage and adapt to a new status quo or not. Rising sea levels and the damage caused by this phenomenon has irreversible impacts on coastlines worldwide. Damage to sensitive reef systems cannot be fixed. This alsoRead MoreClimate Change And Global Warming1022 Words   |  5 PagesWhat = Climate Change Who = Emma, Aoife, Julia, Rachael, Mariah and Cà ©line What is it? Climate Change is a change in the demographic distribution of weather patterns, and related change in oceans, land surfaces and ice sheets, happening over time scales of decades or longer. It’s the world’s greatest threat. Climate change is the change in temperature over a period of time. It involves the greenhouse effect and global warming. Where is it? 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Leadership and Management in Abc Chemicals-Samples for Students

Question: Discuss about the Leadership and Management in Abc Chemicals. Answer: Introduction Employees safety and security in an organization delivers higher productivity and increase the level of efficiency of employees. In most of the cases, companies reduce medical cost and insurance cost of employees to showcase that company is caring for their employees and they will be there by the side of every employee. In this case study, ABC Chemicals Company is dealing with chemical distribution and they deliver acids, solvents, chemicals and detergents in retails shops (Logasakthi and Rajagopal 2013). They have some local nursing home options and day care centers for children but the actual need of dealing with the complex situation or hazardous situation is missing in this company. The entire essay is highlighting the fact of ensuring workplace safety and provides the best security for employees so that they concentrate on their work without indulging the matter. Legislation and compliance relating to Safety Data Sheets Safe work Australia is a regulatory process that Australian government has implemented for their workers. The process needs to be initiated by every organization so that their employees will have the ensured to be safe and they do their work in a peaceful manner. Work Health and Safety Act 2011 is liable for the employees and provide workplace safety to them. On the other hand, there are some legal responsibilities as well of the company to maintain productiveness of employees and process the business in an ethical way (Business.gov.au 2018). In case of ABC Chemicals Company workplace safety acts, regulations, codes and resources all these are very important and relevant as well for ensuring them a good quality of safety of their life. The company is dealing with the toxic and dangerous substances so better safety or the safety procedures need to be understood by the employees. Information about the safety and security law implement by employees are not known to every employee rather they know about the work process and possible manner to do the job, however, they do not have any knowledge regarding safety information. Waste management regulation implements in most of the organic and inorganic organization where chemicals are being introduced. In ABC Chemicals Company local government legislation of employees safety also needs to be implemented so that their risk and hazards will mitigate. Not only the internal massacre is always applicable for health hazards of employees but also some external events are also liable for health problems or big massacres. If there is road accident in front of the company and fire break out then employees need to know the possible way to deal with the situation (Khan and Hashemi 2017). Management has to provide them training so that they have an option to deal with the situation. ABC Chemicals Company lacks on that particular way as they do not have this strong development of training procedure to do this work in an effective way and state the understanding of employees to move them on the right path. Safety Data Sheet is another discretional document of physical and health hazard complex situation and a chemical inventory system that implemented in most of the chemical containing companies. ABC Chemicals Company is one of such companies where physical and mental health decaying a bit in an everyday manner so it will be readily assessable for this company to implement the allotment and ensure employees safety and security. Situational hazards In ABC Chemicals Company, 205-liter drum full with different solvent and this chemical is not so good for human health. The situation employees deal with is not the safest at all rather the decant process of those chemicals in short size containers are a really risk-oriented process. If any drop of the chemical spill through the container or the entire chemical pours wrongly then it can be a reason behind the entire death of employees. Situation risk cannot presume in this order so organization, management, and employees have to ready for any sort of occasion to mitigate this kind of process (Zanko and Dawson 2012). At first, the organization has to find out the possible causes of particular risk, if they identified such problem zones then it can be easier for the organization to prevent those effects. From the statistic it can be understood in 2013-2014, 113,956 serious claims have been identified and $10,100 median compensation has been paid in for that reason (Business.gov.au 2018 ). If the safety process implemented in an effective way then the figure of financial lodgment may be different. In ABC Chemicals Company workers limitation and possible injuries due to container pulling, or mental health blockage or dementia may affect employees health. This is the reason compensation statistics and figures are important of showcasing the actual state of workplace safety and situation of employees in that situation. 90% serious claim in due to injuries and that comes from the kinds of work that initiated by employees in the workplace (Business.gov.au 2018). As the health and insurance cover the entire situation of workplace thus it is quite easier for employees to do the process in a right way so that level of injury mitigates and factors of risk associations also decreases (Heaton 2012). A permanent negative impact will be impacted if hazardous situations are not changed and drastic future difficulties will come. This process of ensured things and proper placement of safety manners are also important in that segment and that regarded as one of the risks that can be mitigated in an effective order. Risk assessment procedures Risk management is an anticipated thinking of a new approach that initiated by most of the organizations to ensure the safety and security of employees. The planning considers risk identification, the qualitative and quantitative analysis of risks, risk response planning, monitoring control of the risk and all those things are underline the effective safe and secure scenario for employees (Quartey and Puplampu 2012). In most of the projects, the finishing the project is the key aspect for the organization but positive changes for employees in case of new legislation or act implemented by the government is the key successful methods for employees. ABC Chemicals Company is dealing with chemicals and there are 50 people are on duty in day to day running a business. In between 25 meters, a nursing home is located. But at the same time, 50 beads are not available or it can be possible that there is no opportunity for complex treatment of that nursing home. So at least two or more than two hospitals or nursing home will be under their belts so that the massive diverse situation also controlled by the management. Waste management is an aspect of risk and proper waste handling is an effective job that Australian government has done in an effective way (Lee et al. 2016). In case of decanting from the larger amount of chemicals from smaller containers, the most waste has been dumped on that occasion. In ABC Chemicals Company, the emergency equipment is there for the safe chemical handling but the cope up process for employees is not known to them. They are not aware of this situation and not a single emergency plan will be executed by them. This is the significant need for training for employees to know the process and deliver the best way to control the situation. Risk mitigation tools Risk identification is the first job to be done by the organization and the company has to identify the tools and techniques to mitigate the problem. Brainstorming and information gathering techniques are the first technique uses by the organization. This is the technique that possesses most of the organization to convey the entire process to employees so that they know all possible ways to handle the situation (Hughes and Ferrett 2012). There is another technique like Delphi technique that provides consult over any problem and try to find out the possible consequence of that, employees need to know the part of these and that resultant as the saver from the problem (Idris et al. 2012). Probability and impact matrix uses the immediate response. This tool is a standardize sample the customized a list where anyone can consider the risk factor and form in as a table to understand the possible risk behind that. Risk data quality assessment is determined by precise possible risk formats an d understands the risk as per the reliability in that case (Grote 2012). In most of the case the integrity of work culture and precession in the work in required, on that moment analysis of those facts or use them in an effective way is the right way to deal with the case. Root cause analysis is a tool that analyzes the root of the problem and determines the source so that mitigation process can be impacted by the scenario (Reniers and Faes 2013). All the possible tools are addressing on the on the risk mitigation and possible ways to indulge them in the workplace so that workplace productivity and efficiency remains same. These tools are used for the avoidance of error in the work and make the work flawless and mitigate the transfer of third party involvement in the work. If the work can be done single-handedly then there are fewer chances of error in work. In ABC Chemicals Company, decant of acids, corrosives and detergents need to be channelized in a proper way so that no harm contaminated due to that process (Drupsteen, Groeneweg and Zwetsloot 2013). Waste control management is not efficiently done in that company that may cause some problem for employees. Safe handling of tools and used them to consider any sort of problem situation is the correct way to use them. Prioritized risk control Prioritization the risk factors and broad variability of risks need some effective management to decrease the effect of those risks. In most of the cases, companies are prioritized the risk responses and choose the appropriate case to mitigate those problems (Pingle 2012). Probability, variability, propinquity, and manageability are the possible risk attributes that need to concern in the matter to make a successful constraint over the risks. Prioritizing the risk management situation, some of the concern thinking has come up and delivered the possible way of understanding about the current situation, high and low level of project and the aim to mitigate the possible risk in chemical companies (Alterman et al. 2013). In case of ABC Chemicals Company, chemical factors are highly applicable in this situation. Purpose and applicability in the variability of risk is the prime session that provides enough opportunity for the employee. The product risk is there and that process some risk a s well. Chemical contraction harmful for employees and acceptable tools is not appropriate in all the times. In such situations, ABC Chemicals Companys management has to take some effective steps so that evaluative progress can be initiated by employees. Development and assigning priorities is the best risk treatment plan template that aligns the best possible way to mitigate the risks. From the Influence diagram, it can be understood that from the sources responses and risk come at the same time (Brauer 2016). Risks create some negative effect that may be nullified to the standard operation as well but as per the potential of the risk, most of the relationship and their outcomes have come in a proper way of designation those responses in a good way of prioritizing techniques and attributes. Conclusion Therefore it can be concluded that ensuring workplace safety and security is the fundamental part that employees need in an organization. Management has to take this initiative to provide proper training providence in the workplace so that employees know about policies and legislation of the government and how these processes will enrich their work level as well. In ABC Chemicals Company, the cause-effect manner of health and safety is very important as the company is dealing with some sensuous matter of toxic ingestion. Waste management process, need of hospitals and nursing homes, good facilities for entire families and child care system will be implemented in a proper way so that every aspect of ensuring the safety process continues in the company. References Alterman, T., Luckhaupt, S.E., Dahlhamer, J.M., Ward, B.W. and Calvert, G.M., 2013. Prevalence rates of work organization characteristics among workers in the US: data from the 2010 National Health Interview Survey.American journal of industrial medicine,56(6), pp.647-659. Brauer, R.L., 2016.Safety and health for engineers. John Wiley Sons. Business.gov.au 2018 WHS/OHS acts, regulations and codes of practice retrieved from: https://www.business.gov.au/info/run/workplace-health-and-safety/whs-oh-and-s-acts-regulations-and-codes-of-practice [Accessed on 24th February, 2018] Drupsteen, L., Groeneweg, J. and Zwetsloot, G.I., 2013. Critical steps in learning from incidents: using learning potential in the process from reporting an incident to accident prevention.International journal of occupational safety and ergonomics,19(1), pp.63-77. Goetsch, D.L., 2012.Construction Safety Health. Pearson Higher Ed. Grote, G., 2012. Safety management in different high-risk domainsall the same?.Safety Science,50(10), pp.1983-1992. Heaton, C.A. ed., 2012.The chemical industry. Springer Science Business Media. Hughes, P. and Ferrett, E., 2012.Introduction to health and safety in construction. Routledge. Idris, M.A., Dollard, M.F., Coward, J. and Dormann, C., 2012. Psychosocial safety climate: Conceptual distinctiveness and effect on job demands and worker psychological health.Safety Science,50(1), pp.19-28. Khan, F. and Hashemi, S.J., 2017. Introduction. InMethods in Chemical Process Safety(Vol. 1, pp. 1-36). Elsevier. Lee, K., Kwon, H.M., Cho, S., Kim, J. and Moon, I., 2016. Improvements of safety management system in Korean chemical industry after a large chemical accident.Journal of loss prevention in the process industries,42, pp.6-13. Logasakthi, K. and Rajagopal, K., 2013. A study on employee health, safety and welfare measures of chemical industry in the view of Salem Region.Management (IJRBM),1(1), pp.1-10. Pingle, S., 2012. Occupational safety and health in India: now and the future.Industrial health,50(3), pp.167-171. Quartey, S.H. and Puplampu, B.B., 2012. Employee health and safety practices: An exploratory and comparative study of the shipping and manufacturing industries in Ghana.International Journal of Business and Management,7(23), p.81. Reniers, G. and Faes, R., 2013. Managing domino effects in a chemical industrial area. InDomino Effects in the Process Industries(pp. 272-295). Zanko, M. and Dawson, P., 2012. Occupational health and safety management in organizations: A review.International Journal of Management Reviews,14(3), pp.328-344.

Blah free essay sample

My five-year tenure in blah ran the gamut from sweet to bitter. Beyond a shadow of a doubt, the hoard of knowledge and experience that have accumulated in this span of time has made my well of wisdom seemingly bottomless. I draw on these depletes riches of mine to help keep me afloat in the tempestuous, shark-infested waters of life. Each unique experience has given me new vision and a fresh perspective on life and education.From being a dewy-eyed schoolboy, a socially inept and gauche teen, living in is own bubble, indifferent to the world and unfolding around him, to being transformed into a man firmly anchored in the schools core principles and in the know of matters close to home. I have the school to thank for molding me and endowing me with such enriching experiences. I also have to pour out my gratification to the indefatigable teachers who give of their time and effort with such largesse to help prepare us for the imminent national examinations. We will write a custom essay sample on Blah or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page More importantly, however, I would like to thank them for their owing beyond the syllabus of their us objects to teach us the fundamentals being human and to have a heart. Indeed, a person can climb up the corporate ladder and make a name and fortune for themselves but without their humanity and ethics intact, that person remains but a cold, bitter person who chases after worldly desires. However, there is something stifling and almost poisonous about abandoning your passions. Increased my trajectory, and aimed for the stars in the academic sphere. Being implacable in ambition; academically precocious.