What are some examples of effective control practices

Assignment Help Microeconomics
Reference no: EM131827129

Problem

Today, many companies face budgetary challenges on a continual basis. Two critical aspects that businesses lack are effective control practices and monitoring.

1. What are some examples of effective control practices and how do they help address budgetary challenges?

2. What types of challenges could exist in monitoring and maintaining the controls?

Reference no: EM131827129

Questions Cloud

Analyze factors other than the time value of money : Analyze factors other than the time value of money that management considered or should have considered in reaching the business decision.
Relatively new field of scholarship : Choose and discuss at least two recent findings in the field of neuroscience and express ways in which these can be incorporated into one's leadership style.
What is the significance of the critical path : What is the significance of the critical path when defining a project? Is the critical path the shortest path.
Discuss the consequences of bad business ethics : Discuss the consequences of Bad Business Ethics and Corruption. Discuss Managerial ethics and different countries have different ethical standards.
What are some examples of effective control practices : What are some examples of effective control practices and how do they help address budgetary challenges?
What communication strategies are associated : What communication strategies are associated with effective leadership? What does Williams need to do differently to communicate effectively as a leader?
Cybersecurity and risk management : Identify one cyberattack that occurred in the last 2 years. What caused the cyberattack? Do not repeat an example that has been posted previously.
Key corrective actions that an organization could take : Next, recommend key corrective actions that an organization could take in order to mitigate prohibited employment practices.
Determine privatization of health services would effective : Determine if privatization of health services would ultimately be more effective. Two to three pages not including the reference and the cover page.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd