This week students will:
1. Evaluate the importance of the controlling function, and why financial controls are integral to this function.
2. Examine management challenges presented by multicultural, technology-driven, and global organizations of the 21st Century.
3. Analyze how the five functions of management are implemented in a real-world company.
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Overview
Assignment Due Date Format Grading Percent
Discussion 1: Steps of Control Day 3
(1st post) Discussion 4
Discussion 2: Changes in Management Day 3
(1st post) Discussion 4
Final Paper Day 7 Assignment 25
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Readings
To successfully complete this week’s assignments, read the following chapters in The Five Functions of Effective Management:
1. Chapter 6: The Controlling Function
2. Chapter 7: The Five Functions as a Coordinated System
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Discussions
To participate in the following discussions, go to this week's Discussion link in the left navigation.
1. Steps of Control
Explain why the four steps involved in the controlling function are important. Why is a good understanding of the various ratios used by accountants and managers important to the controlling function? Give specific examples. Respond substantively to two other learners.
2. Changes in Management
Of the five management functions, which do you expect will experience the most dramatic changes in the next decade? Defend your answer. Which will have the least amount of change? Explain your answer. Respond substantively to two other learners.
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Final Paper
To complete the following assignment, go to this week's Final Paper link in the left navigation.
Focus of the Final Paper
Explain how the management practices of planning, leading, organizing, staffing, and controlling are implemented...