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DELOS REYES, KAYCEE M.

BSBA IV- HUMAN RESOURCE

‘MANAGERIAL ACCOUNTING’

Questions for Assignments and discussions:

1. Discuss and explain the different levels of management.


 There are three levels of management in most organizations are top-level management,
mainly responsible for overseeing all operations, middle-level management, responsible for
executing plans and policies, and low-level management, responsible for direct task
execution and deliverables. They are also called administrative management, executive
management and supervisory management, respectively. The exact set of tasks that each
level of management is responsible for highly depends on the organization's size and scope,
with proper coordination between them usually being crucial to the success of the
organization.

2. Give the functions at the different levels of managements.

3. Explain briefly the different management principles.

1. Division of work- Management operates in the work environment where employees are
divided according to their special skills.
2. Authority and Responsibility- is the right of the superior to give orders to subordinates.
Responsibility is obligation of subordinates to follow specific orders.
3. Discipline- It is the essence of effective organization. In compliance to specific rules of
conduct in relation with superiors and other members of the team.
4. Unity command- This principle states the subordinates should receive orders and
instructions from only one superior to whom he is responsible and accountable.
5. Unity of Direction- Organization objectives and goals must be understood by all concerned.
6. Degree and Centralization and Decentralization- centralization refers to the concentration
of decision making process exercise by top management when the decision making is
delegated to the lower level there is some degree of decentralization.
7. The chain of authority- This principle suggests that there should be clear delegation of
authority that cascade down the line in the organizational ladder.
8. Organizational Versus Personal Interest- people on management must put aside their
personal ambition when it will run counter to the welfare of decentralization.
9. The principle of just compensation- The chief motivation of people in the company is just
wages and compensation. Proper salary influence better performance and productivity.
10. The Principle of equity and Performance- social order ensures the fluid operation of the
company. Employees must be treated kindly as they are human beings with feelings.
11. Stability of Tenure- Security of tenure must be guaranteed. Employees must not be
removed from employment unless they violate company policies and regulations.
12. Esprit D corps- this refers to the development of morale and initiative of individuals. Team
sprit helps the development of mutual trust and confidence which are very essential in the
effective working of people.

4. Discuss the skills that managers must possess.


 Managers must have a skills are a collection of abilities that include things such as business
planning, decision-making, problem-solving, communication, delegation, and time
management.

5. How can you be an effective manager of organization?


1. Conceptual skills- the ability to work with abstract concepts and ideas.
2. Human skills- the ability to communicate and cooperate with others. In other words,
interpersonal skills.
3. Technical skills- the skills necessary to get the job done, or hard skills.

UNIT TEST – CHAPTER 3

I. Write T if the statement is correct and O if the statement is False.

1. T
2. O
3. T
4. O
5. O
6. O
7. T
8. O
9. O
10. T

II. Enumeration.
A. Give at least 5 important function of the Top Management.

1. Planning: When you think of planning in a management role, think about it as the process of
choosing appropriate goals and actions to pursue and then determining what strategies to
use, what actions to take, and deciding what resources are needed to achieve the goals.
2. Organizing: This process of establishing worker relationships allows workers to work
together to achieve their organizational goals.
3. Leading: This function involves articulating a vision, energizing employees, inspiring and
motivating people using vision, influence, persuasion, and effective communication skills.
4. Staffing: Recruiting and selecting employees for positions within the company (within teams
and departments).
5. Controlling: Evaluate how well you are achieving your goals, improving performance, taking
actions. Put processes in place to help you establish standards, so you can measure,
compare, and make decisions.

B. Give at least 5 important responsibilities of Junior managers or supervisors.

1. As a manager, people in management positions must be capable of helping drive employees to


meet goals, motivate them through challenges and ensure they have all the support they need
to excel in their jobs.
2. A leader cannot be successful without well-developed communication skills. Managers must be
able to clearly communicate tasks, goals, expectations and company objectives. 
3. A leader cannot be successful without well-developed communication skills. Managers must be
able to clearly communicate tasks, goals, expectations and company objectives.
4. Managers are responsible for making many decisions, both small and significant. As a manager,
you may have to make major choices on short notice, and it’s your responsibility to determine
the best course of action for your team and the organization as a whole.
5. Managers should make themselves available to employees and provide the support they need.
When managers are reliable and easy to reach, their team members feel more confident and
secure.

III. Write the letter of the correct answer on the space before the number that best describes the
statement.
1. B
2. C
3. D
4. D
5. B
6. D
7. A
8. C
9. D
10. B

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