Case Study on The importance of effective management

1. Set out a table showing the benefits of well trainedand qualified managers to:i.  the UK economyii. businessesiii. individual employees.2. What is the relationship between management andleadership?  Why do effective managers also need tohave leadership skills? 3. What type of management style would you use:a) with a team of employees who are keen tointroduce changes in working practice and whoenjoy… Read moreCase Study on The importance of effective management

Case Study on Quality Circle

Quality Circle of Middlesex County College, Central Piedmont Community College, Lakeshore Technical Institute (LTI)   A quality circle consists of a small group of people who perform the same jobs or tasks. This group meets voluntarily, on a regular basis, to discuss problems, seek solutions, and cooperate with management in the implementation of those solutions. Quality circles operate on the… Read moreCase Study on Quality Circle

Case study and notes on FEMA Act 1999

Case study and notes on FEMA Act 1999 Question 1Explain the meaning of the term “Current Account Transaction” and the right of a citizen toobtain Foreign Exchange under the Foreign Exchange Management Act, 1999.  (May, 2001)AnswerThe term “current account transaction” is defined in Section 2(j) of Foreign Exchange Management Act, 1999. It means a transaction other than a capital account… Read moreCase study and notes on FEMA Act 1999

Case Study on SAIL

Case Study on SAIL (Window Dressing)   The annual report for 1997-98 reveals, the Rs 16,403-crore Steel Authority of India Ltd’s (SAIL) bottomline is not worth its weight in steel. By resorting to complex accounting changes, and despite 11 qualifications from 5 statutory auditors–as well as the venerable Comptroller & Auditor-General of India (CAG) SAIL, transfigured net losses of Rs… Read moreCase Study on SAIL

Report on Budget Process in a Hotel-A Case Study of Novotel

The objective of this project is to study and analyse the budget process at Novotel. There’s been loads of dialogue regarding the significance of the budget but until now many organisations decide to have one. The reason behind a budget is usually to plan and coordinate a business. A business might use the budget like a device of control to direct… Read moreReport on Budget Process in a Hotel-A Case Study of Novotel