Colton Oct 17th Gentlemen‚ Your verdict In this story Gentlemen your verdict‚ the captain of a submarine‚ L-C Oram‚ is put in a difficult situation which results in him sacrificing 14 of his men including himself‚ to save 5 men with families waiting for them back home. Of course killing people is wrong‚ but if I‚ or anyone else‚ was put into a situation like L-C Oram was‚ then I think it would be okay to…..as bad as that sounds. In situations like these‚ I think there are some exceptions
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Fiedler’s Contingency Model: Fred E. Fiedler was one of the first leadership researchers to acknowledge that effective leadership is dependent on the characteristics of the leader and the situation. The contingency model helps to explain why a manager may be an effective leader in one situation and ineffective in another. The contingency model also shows which managers are likely to be most effective in what situations. It is said by Fiedler‚ that personal characteristics can influence leader effectiveness
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each part of the system selected The contingency approach. Contingency approach to management theorizes that different situations and conditions require different management approaches. During the 1970’s the contingency approach gained popularity. Promoters and advocates of this theory believe that there is no one best way in managing; the best way depends on the specific circumstances. What makes the contingency approach different from other approaches is that it goes beyond
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CHAPTER 8: FLEXIBLE BUDGETS‚ VARIANCES‚ AND MANAGEMENT CONTROL: II TRUE/FALSE 1. Overhead costs are a major part of costs for most companies – more than 50% of all costs for some companies. Answer: True Difficulty: 1 Objective: 1 2. At the start of the budget period‚ management will have made most decisions regarding the level of variable costs to be incurred. Answer: False Difficulty: 1 Objective: 1 At the start of the budget period‚ management will have made most decisions
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recognized for a legal or constructive obligation arising from a past event‚ if there is a probable (more likely than not) outflow of resources and the amount can be estimated reliably (IAS 37.14). In contrast‚ according to FASB ASC 450-20-25-2‚ a contingency (provision) is recognized if it is probable (likely) that a liability has been incurred and the amount is reasonably estimated. Scenario 1 (1) Under IFRSs: According to IAS 37.22‚ the contamination of the land gives rise to a legal obligation for
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Contingency Theory Management and the Modern Day Corporation Page 4 Burns & Stalker (1961) – Managing Innovative Firms 1. Before the war‚ the industry was heavily involves in contract work with the government. 2. During the 1950s‚ opportunities arose for companies to develop new products for the growing consumer market (radios‚ TV’s‚ etc). 3. Consumer markets meant higher profits and greater Risks. 4. This meant moving into a market that was uncertain‚ competitive‚ extremely risky and required
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tranquilizers. Quinlan’s parents filed a lawsuit regarding the definition of life and the right for an individual to die in 1976 ("FOCUS OF ’76 RIGHT TO DIE CASE"). Quinlan’s story loosely inspired the creation of a novel by Barry Reed to then be adapted into a film‚ The Verdict (Simon). The Verdict follows the story of a medical malpractice case in Boston many predicted would not be successful. The alcoholic lawyer Frank Galvin experiences a variety of hardships during the trial. From the beginning
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Fiedler’s Contingency Model The question that might come to the mind of a person: What is your natural leadership style? Do you focus on completing tasks‚ or on building relationships with your team? Have you considered that this natural leadership style might be more suited to some situations or environments than it is to others? We can get answers through the leadership model. For that purpose we will be dealing with fielder leadership model. Understanding the Model: Here‚ "contingency" is a situation
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“Gentlemen‚ Your Verdict” Michael Bruce 1. From what perspective is the story told? (1 mark) This story is told in limited omniscient third person perspective. This is because the narrating voice enters the minds of most characters‚ excluding the radio telephone scenes. You can only hear Lieutenant Commander Oram’s voice‚ not the character on the other end of the radio. 2. Through which literary device does Michael Bruce tell his story? (1 mark) The literary device used was flashback
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Fiedler Contingency Model The contingency theory allows for predicting the characteristics of the appropriate situations for effectiveness. Three situational components determine the favourableness of situational control: 1. Leader-Member Relations‚ referring to the degree of mutual trust‚ respect and confidence between the leader and the subordinates. To build a strong team‚ there should be a great relationship among the employee‚ manager and the general manager because it is the foundation
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