CONCERTIVE CONTROL SYSTEM 2013 Contents How would you describe the system of control in the Grameen Bank? ......................................... 2 How does it contribute to the success of the bank’s vision and mission? ...................................... 3 What are the potential positive benefits of concertive control system‚ are there positive components or outcomes associated with the concertive control system at the Grameen Bank? .. 4 References: ................
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Control mechanisms and performance measurement standards a) Control mechanisms Control mechanisms can be defined as optical‚ mechanical‚ or electronic systems that are used in order to manage and control variables in a desirable way. The functions of control mechanisms generally can be categorized into planning‚ leading‚ organizing and controlling. Control mechanisms play an important role in every organization especially in enhancing the predictability of an organization. In PGB‚ adoption
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budgeting system is control. Control periodically takes actual results and budgeted results and compares the two. It also allows for managers to frequently measure their performance from reports by providing performance evaluations. The master budget can be separated into operating and financial budgets‚ each made up of distinctly supporting schedules. Implementing budgets enables managers to create a formulated plan that allows for performance evaluation and improved control. Control involves the
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Introduction Management control system (MCS)‚ as a vital part of an organization‚ which purpose allows organizations to ensure that their activities achieve the objects they desire. The process of designing and improving MCSs requires addressing three basic questions. What is desired? What is likely to occur? And What is the effect of contextual factors ?Then managers must address each of these questions. What controls should be used? In recent years‚ contingency-based research has maintained
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Failed controls = Not Effective controls from Question 1 a. Stage 1:Established TV return processes and ASCs report to TV division: Failures of these controls were due mainly to no existence of a punishment policy. In addition‚ there was too much trust placed on the employees. The 1985 employees loyalty is long gone . Behavioral constraint is seen here for fraud is no part of the employees culture. There is a lack of direction for there is no report or form of supervision for ASCs. Communication
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September 2013 Anti Gun Control Due to recent mass shootings in the U.S. many Americans fear for their safety. Many Americans fear to go out to movie theaters‚ restaurants‚ and even their children ’s schools. In the article "Will Sikh temple shooting spark U.S. conversation on gun control"‚ Peter Greier claims "Americans are deeply split about the prospect of new gun laws‚ and tragic events such as recent mass killings do not change voter opinions." Gun control laws should be any more strict
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Southeast Shoe Distributor‚ Inc.: Identification of Tests of Controls for the Revenue Cycle (Sales and Cash Receipts) LEARNING OBJECTIVES After completing and discussing this assignment you should be able to • Recognize common documents and records used to record transactions in the revenue cycle • Recognize common control activities used to process transactions in the revenue cycle • Identify client control activities that reduce the likelihood of material misstatements
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Gun Control Is Needed Regulation of guns is a necessary action that needs to be taken in order to save lives. A good definition of gun control is needed to understand the sides and issues. Gun control is an effort to stop the rise in violent crime by strengthening laws on the ownership of firearms. Persons in the group against gun control believe that gun control is wrong‚ and that it is a violation of constitutional rights. Those in favor of gun control believe that gun control is good
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Deviance and Social Control Final Paper Submitted in Partial Fulfillment of the Requirements for SOCL 101 Sociology By Social control is techniques and strategies used for preventing deviant human behavior in any society. All levels of society such as family‚ school‚ bureaucratic and government has some form of social control. Examples of family social control include obeying your parents rules‚ doing your homework and chores. School includes standards they
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EXECUTIVE SUMMARY This paper will evaluates the role of information technology and how it affects internal audit process in banking industry. The study will also stresses on how IT affects internal control (control environment‚ risk assessment‚ control activities‚ information and communication and monitoring) and provides guidelines and best practices in evaluating techniques available to effectively perform auditing tasks internally. It will addresses how technology‚ Information system (IS) and
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