Stakeholder signifies an individual or individuals who take concern or interest in anything, majorly commerce. (Grimsley) CEO is accountable for the failure or the success of the organization. Both the organizations John Deere and the Caterpillar requires the tasks to be carried out efficiently such as marketing tactics, operations financing, firing, human resources, formation of the culture of the organization, hiring, sales, compliance with the protection directives, PR, etc. The entire of these activities are tackled from the CEO. Stakeholders can decide a plan for the commerce.
Discuss. BSA 310 Week 2 Individual Assignment BSA 310 Week 2 Supporting Activity BSA 310 Week 3 DQ The text identified three common legal forms of business organizations: sole proprietorships, partnerships, and corporations. IF you were to start or your business (or if you already have started your own business) what type of legal form would you use? Why did you choose this legal form? Or Financial statements (balance sheet, income statement, statement of cash flows, and statement of stockholders’ equity) are the primary means accountants use to communicate financial information to investors, creditors, regulatory agencies, and others.
Anderson Company owns $5,000 of material used on various client projects. Anderson Company owes suppliers $21,200. Anderson Company owes $41,000 to the bank. Anderson Company’s cash balance is $14,400. Answer: A.
The Director is the head of the Department and his main responsibility is to oversight and manages the Bureaus’s 114 institutions and maintains the safety and security of more than 193,500 inmates under the agency’s jurisdiction. The Central office Division consists of eight more offices with distinctive and individual duties. BOP is a structure
In the U.S., the YMCA is made up of the YMCA of the USA, a national resource office, and more than 2,600 independent and autonomous YMCAs with approximately 20,000 staff and 500,000 volunteers in 10,000 communities across the country. Worldwide, the YMCA serves more than 45 million people in 124 countries (YMCA.net). A typical organizational chart for a YMCA would start with a Chief Executive Officer and Board of Directors at the top, with department heads below the CEO, and other staff below the department heads. The YMCA would also be a divisional structure with groups of people who serve similar customers. As far as the decision making process, the CEO makes most of the final decisions.
Following is an overview of the Plan with regard to compliance by each of the Facilities with regard to the universal and individual reporting obligations they face with respect to tax policies, employment laws, environmental and manufacturing regulations, international trade restrictions, tariffs, transportation, and the political stability of international governments and trade opportunities. I. Enterprise Liabilities The responsibility for the reporting requirements has been divided amongst the individual managers and directors in such a manner as to provide a system of checks and balances to minimize the opportunities for error by the Company and to limit its legal liabilities. A sample of the division of those responsibilities is as follows: 1) The Chief Financial Officer, with the assistance of the Comptrollers or Senior Financial Officers and Accounting Department Managers of each of the facilities owned or operated by the Company, shall bear responsibility for making all payments and ensuring that the Company complies with all applicable federal, state, municipal and international laws, statutes, regulations or otherrequirements in connection
The company is a nationwide waste management organisation divided within two main divisions of Logistics and Processing. These cover over 6000 employees which range from manual operatives through to company Directors. The payroll department consists of a team of four: two Payroll Clerks, one Deputy Payroll Manager and one Payroll Manager. Together they are responsible for administering the internal procedures for each division. These procedures include auditing, report writing, total quality management and pay methods.
Running head: ASSIGNMENT 3 Corporate Governance and Ethical Responsibility Edward Fulmore LEG 500 February 18, 2013 Prof. John Rodgers Corporate Governance and Ethical Responsibility Dr. DoRight has recently been hired as the President of the “Universal Human Care Hospital”, where he oversees all departments with over 5,000 employees and over 20,000 patients at the medical facility. He has been provided with a broad set of duties and oversight of numerous departments, including business development, customer services, human resources, legal, patient advocacy, to name a few. He has managers in each department that he supervises
Internal users that use the financial statements would be accounting personnel, departments heads, corporate auditors, business unit leaders, and top management. These financial statements provide specific and varying data to all the internal users. For the accounting personnel, the objective is to prepare and present any accurate and complete data according to the norms. Department heads and leaders bring different perspectives to financial issues by undergoing accounting reports. Internal auditors, these accounting reports light on the tools a company uses to comply with all the rules.
Lockheed Martin has a Vice President of Ethics and Business Conducts that consist of elected officers that report directly to the Executive officer and the Audit & Ethics Committee of the Board of Directors. Lockheed Martin has a board of directors that oversee the company’s ethics compliance program. Each board member has a specific responsibility. For example, they may be responsible for audits, ethics and corporate responsibility, executive decisions, management development and compensation, nominating and corporate governance, and strategic affairs and finance. In