chapter 2 Flashcards
1
Q
what are the five main responsibilities of the board
A
regulation of senior management
approving reports and accounts
selecting, appraising and awarding the ceo
overseeing the risk management process
ensuring that integrity and principles are upheld
2
Q
what are the three key resources of a business
A
physical
financial
human
3
Q
what are the key factors that make up corporate culture
A
norms
beliefs and values
management style
4
Q
what do managers and supervisors do
A
support the senior management team in ensuring efficient and compliant operation of business
oversee the organisation and delivery of the work carried out by non managerial staff
5
Q
examples of front line managers
A
supervisors and team leaders
