AA

Audit procedures

Audit Procedures Explained

  In order to perform substantive tests and tests of control, auditors can use a variety of techniques. These are:   Inspection (examining records, documents or assets). Observation (Watching a process or procedure being performed by someone else). External Confirmation (confirming something with a third party). Re-calculation (checking the mathematical accuracy of documents or records). …

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Charismatic Approaches to Leadership

Charismatic Approaches to Leadership – KEY POINTS

– Charismatic leaders, by force of their personal abilities, can have a profound and extraordinary effect on followers. – Characteristics of charismatic leaders include: • High need for power. • High feelings of self-efficacy. • Conviction in the moral rightness of their beliefs. – Charismatic behaviors include: • Role modeling. • Image building. • Articulating …

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House’s Path-goal Theory of Leadership

House’s Path-goal Theory of Leadership – KEY POINTS

  Emphasizes how a leader influences subordinates’ perceptions of both work goals and personal goals and the links, or paths, found between these two sets of goals. The theory assumes that a leader’s key function is to adjust his/her behavior to complement situational contingencies. Leader behaviors. Directive leadership. Supportive leadership. Achievement-oriented leadership. Participative leadership. Situational …

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Leadership Theories

 Leadership Theories – Trait Theories and Behavioral Theories

Difference between Leadership and Management: Management promotes stability or enables the organization to run smoothly. And it rely on the rules and policies already and use organizational resources to best possible way to maximize output. They manage resources by the rules and regulation. Leadership promotes adaptive or useful changes. They influence subordinates to act when …

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Mandelow Model

Mandelow Model for Stakeholders – Explained

Mandelow Model Mandelow model identified positions of various stakeholders, depending upon their influence of organization. He analyzed various positions on interest vs power basis and concluded four types of stakeholders. Mendelow model presented how to work out conflict in stake holders. Key players: they have high power and high interest so management have to take …

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Organizational Culture

Organizational Culture

Culture Culture is the shared beliefs of one community which separates it from other communities. It defines one group of people to be separate from all others in world. They share beliefs, norms, values and religion. Popular characteristics of culture include: Language Perception Use of space Religion Environment   Language The one of way of …

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Qualities of Good Information

What is the Difference in Data and Information ? What are Qualities of Good Information

Data vs Information First concept which needs to be understood in area of information technology is data and information. Raw facts and figures constitute DATA. As the data in not arranged in some standard form so it doesn’t give any meaning to its user. For proper understanding data needs to be arranged in some meaning …

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