SlideShare a Scribd company logo
1 of 10
Download to read offline
STRICTLY CONFIDENTIAL
2014 EXAMINATIONS
ACCOUNTING TECHNICIAN PROGRAMME
PAPER TC11: MANAGEMENT
FRIDAY 5 DECEMBER 2014 TIME ALLOWED : 3 HOURS
SUGGESTED SOLUTIONS
1
1. (a) The characteristics of an open system are as follows:
 Openness
An organization as a social system is open to its external environment to
obtain energic inputs and as an outlet for its outputs such as services and
products.
This is important for the survival, growth and success of an organization.
 Process or throughput
Refers to the translation of inputs into outputs – i.e. services and products
to satisfy customer needs and expectations. Activities associated with this
feature include production, planning, training decision – making etc.
 Output
Refers to services and products that are produced by an organization and
offered or sold to customers in order to satisfy their needs and expectations.
 Cyclic Nature
The returns realized from marketing the output enable farther inputs to be
made to complete the cycle of production.
 Negative Entropy
The organization imports and stores more energy, raw materials, finance
etc than is required to produce output to permit survival in difficult times
such as recessionary or crisis situations.
 Feedback
An organization needs to obtain positive or negative feedback from the
environment pertaining to how customers perceive its products so that it
can adapt its operations accordingly.
 Steady State
To continue in existence an organization must maintain a balance between
inflowing inputs and outflowing output to maintain a dynamic form of
equilibrium and avoid stagnation.
 Differentiation
Refers to an organization’s tendency to move towards greater
specialization of functions and multiplicity of roles to accommodate new
demands.
2
 Equifinality
Open systems achieve their goals in several ways as similar results can be
achieved by different methods to permit flexibility.
(b) (i) Closed sub-system is important for organization success because:
 It ensures organizational stability as it prevents fluidity.
 It maintains organizations’ culture and common identity.
(ii) Open sub-system is important for organization success because:
 It permits the importation of inputs into the organization.
 It provides the outlet for organization’s outputs.
 It allows the organization to adapt to contextual changes.
(c) Examples of closed and open sub-systems respectively are as follows:
(i) Closed sub-systems
 Production department
 Accounts department
(ii) Open sub-systems
 Marketing department
 Research and development department
2. (a) A manager can ensure productive work teams as follows:
 Clear Goals
They ensure common understanding, unity of direction and increased
employee motivation and commitment.
 Mutual Trust
Increases team cohesiveness as it reduces conflict and suspicion between
management and team members.
 Effective Communication
Ensures common understanding and collaboration amongst team members.
3
 Effective Leadership
Appropriate leadership style that motivates members to interact more
frequently allows the development of ties amongst group members i.e.
bonding.
 Appropriate Corporate Culture
People – centered corporate culture is more likely to nurture team spirit
than task-oriented corporate culture.
(b) A manager can use work teams to contribute towards the achievement of
organizational goals as follows:
 Motivate Team Members
Team spirit and supportive work environment creates conducive
environment that promotes employee motivation.
 Delegate to team members
Manager can delegate some of their tasks to team member to create time
for more strategic issues.
 Bring Change
It is easier to initiate and sustain change through the team than individuals
as teams are more flexible than individuals.
 Synergise
Teams can bring about synergy – i.e. multiplier effect to increase
productivity.
 Speed up decisions as teams are usually multi-skilled hence can handle
problems from different perspectives.
 Continuous Learning and Improvement
Through interchange of ideas wisdom and skills team members have the
opportunity to learn and improve customer service delivery continuously.
3. (a) ICT can improve the quality of customer service in the following ways:
 Faster calculation and accurate processing of paper work to ensure
responsive and prompt customer service.
 Provision of updates on purchase patterns and customer preference to
enable the organization adapt accordingly.
 Instant distribution of information on products and services with related
trade terms to many customers world-wide.
4
 Easy and speedy integration of office functions to enable clerical,
secretarial and administrative staff write various documents and access
records and databases from one work station.
 Provision of new efficiencies such as ATM and Electronic point of sale
which have reduced lead times and queuing in retail shops and various
service centres.
 Accurate and reliable electronic maintenance of inventory to avoid
overstocking and stock-outs.
(b) The constraints are:
 Automated ICT may eliminate jobs leading to increased unemployment
and related social problems.
 It may allow employers to collect personal details about employees and
thus violating their right to privacy.
 It can bring about boredom and fatigue to employees in the course of
operating standard office systems.
 Excessive use of ICT may cause stress and injury to the health of
employees due to continued strain in the face of computer screens and
other gadgets.
 Internet can be used by unscrupulous employees to carry out illegal
transactions.
 ICT can encourage time wasting practices such as playing games on
computers during normal working hours.
(c) Three remedies to minimize these constraints are as follows:
 Re-training affected people to acquire skills to enhance employability to
get alternative jobs within or outside the organization.
 A policy to stipulate maximum time per day an individual may be exposed
to video display unit to reduce stress and boredom.
 Providing guidance to staff on the disciplinary rules that constitute
misconduct together with the sanctions that may be imposed on staff.
 Monitoring and checking the use of internet facilities by employees to
avoid playing of games on the computer.
4. (a) The ways in which business organizations can benefit from Research and
Development are as follows:
5
 Corporate Planning
Research and development provides business organizations with current
opportunities and threats as basis for corporate planning.
 Development of new products or prolonging the life span of old products
in response to market changes, competition, changing cost structures and
product position on the product life cycle.
 Developing new processes in response to the need for improved
productivity, cost reductions or new technologies.
 Creation and support of organization culture of adaptability and
innovation.
 Ability to go ahead or catch up with latest competitive technology.
(b) The constraints associated with Research and Development are as follows:
 It is difficult to control research and development staff because their work
calls for mobility, creativity, discretion and autonomy.
 Research and development projects may not be economically viable as
they can be extended over long period of time in a bid to realize expected
outcomes that may not be forthcoming.
 Where several research projects are being implemented simultaneously it
is often difficult to prioritize which ones should continue or stop
temporarily.
 Where research and development project has proved unattainable it is
difficult to decide the point at which it should be abandoned.
(c) The ways to minimize these constraints are as follows:
 Ensure commercially sound judgment through experienced and skilled
personnel who should take charge of research and development activities.
 Imposition of time limits on projects and review of progress from time to
time.
 Effective project planning and monitoring and evaluation to deal with
variances from plans.
 Budgetary control to ensure that research and development projects are
abandoned at the point they become financially unsustainable.
6
5. (a) Disciplinary Procedure
The main steps of typical disciplinary procedure are as follows:
Step 1: Inform the concerned individual of alleged misconduct in the
presence of his/her supervisor.
Step 2: Allow the individual to state his/her case and to be accompanied
by a fellow employee or union representative.
Step 3: Investigate the case thoroughly before any disciplinary action is
taken.
Step 4: Inform the individual of the reasons for any penalty to be inflicted
upon him/her.
Step 5: Announce appropriate penalty – i.e dismissal for gross misconduct
or repeated misconduct after first oral, second and final written
warning had been given to him/her
(b) Grievance Procedure
The steps of typical grievance procedure are as follows:
Step 1: The concerned employee or group of employees or trade union
officials raise grievance with their supervisor who must deal with
the matter within 7 working days.
Step 2: The concerned party takes the matter to head of department if not
satisfied with the way the supervisor handles the matter or if the
matter is not attended to after the expiry of 7 working days. The
head of department must settle the matter within 14 working days.
Human resource practitioner and union officials and complainants
can be in attendance.
Step 3: If not satisfied with the way the matter is handled or the head of
department does not attend to the grievance within 14 days, the
concerned party takes the case to the Director who must handle the
mater within 21 working days. The human resource practitioner,
trade union officials and complainants will be in attendance.
Step 4: Third party intervention
If the concerned party is not satisfied with the decision of the
Director they may seek external assistance in the form of Third
Party Intervention involving conciliation, mediation, arbitration
and adjudication.
7
6. (a) The appropriate position of Chitukuko Networks on the Product Life Cycle (PLC)
is illustrated below:
PRODUCT LIFE CYCLE
Chitukuko Networks
SALES
●
PROFITS
Introduction Growth Maturity Saturation Decline
Explanation
 Chitukuko Networks have been on the market for relatively short period in
Malawi hence they are still fashionable and its sales are growing at a faster
rate.
 It is therefore at the growth stage on the PLC.
 It is experiencing some competition as competitors are becoming aware of the
Chitukuko Networks.
 Its price remains relatively high even though it is leveling off gradually.
 Competitors are beginning to emulate the features of Chitukuko
Networks.
8
(b) The appropriate strategies to boost the sales of the Chitukuko Networks as far as
growth stage of PLC is concerned are as follows:
 Intensify advertisement activities so that more potential buyers become
aware of its benefits.
 Intensify promotional activities to expand the market share of the
cellphones.
 Slightly reduce the price of the cellphones in order to attract more
customers.
 Diversify the features and functionality of the cellphones in order to erect
barriers to new entrants into the market for the cellphones.
 Market penetration in order to expand further in the existing market.
7. (a) Job specification is a significant tool for effective recruitment because of the
following reasons:
 It is the basis for developing selection criteria used to short list applicants
and identify the best candidates for a particular job.
 It assists potential job applicants to understand the required professional
and academic qualification to decide whether they qualify for the job or
not.
 It promotes equal opportunity in recruitment as it ensures fair and
objective recruitment process.
 It assists the employer to formulate relevant induction training programme
as part of recruitment process.
 It enables the employer to answer queries with respect to applicants who
may not be shortlisted or appointed for the job.
 It ensures that the right people are recruited for the right jobs.
(b) The job advertisement should contain the following information in their
chronological and structured order:
(i) The name of the organization in block letters.
(ii) The job title in block letters.
(iii) Brief statement announcing the intention to fill an existing job vacancy
with the right person.
(iv) Geographical and hierarchical location of the job.
9
(v) The responsibilities and duties to be performed by the successful
candidate.
(vi) The right qualifications, knowledge and skills of the successful candidate.
(vii) The reporting relationships i.e. who the successful candidate will be
reporting to and who he/she will be responsible for.
(viii) The salary and other fringe benefits (if any) for successful candidate.
(ix) Instructions indicating how interested candidates should apply and the postal
address or telephone to use.
(x) The deadline for receiving applications.
E N D

More Related Content

What's hot

Str 581 final exam set 3
Str 581 final exam set 3Str 581 final exam set 3
Str 581 final exam set 3nbvhgfuyt765
 
Strategic management mod 2/unit 2
Strategic management mod 2/unit 2Strategic management mod 2/unit 2
Strategic management mod 2/unit 2POOJA UDAYAN
 
Internal Control Questionnaires (ICQs)
Internal Control Questionnaires (ICQs)Internal Control Questionnaires (ICQs)
Internal Control Questionnaires (ICQs)Ahmad Tariq Bhatti
 
LDR 531 Final Exam Analysis | LDR 531 Final Exam Answers | LDR 531 Final Exam...
LDR 531 Final Exam Analysis | LDR 531 Final Exam Answers | LDR 531 Final Exam...LDR 531 Final Exam Analysis | LDR 531 Final Exam Answers | LDR 531 Final Exam...
LDR 531 Final Exam Analysis | LDR 531 Final Exam Answers | LDR 531 Final Exam...student ehelp
 
Ldr 531 final exam latest uop final exam questions with answers
Ldr 531 final exam latest uop final exam questions with answersLdr 531 final exam latest uop final exam questions with answers
Ldr 531 final exam latest uop final exam questions with answersEmmajons
 
LDR 531 Final Exam Latest Online HomeWork Help
LDR 531 Final Exam Latest Online HomeWork HelpLDR 531 Final Exam Latest Online HomeWork Help
LDR 531 Final Exam Latest Online HomeWork HelpTransweb E Tutors
 
Operation and Production Management
Operation and Production ManagementOperation and Production Management
Operation and Production ManagementSeetal Daas
 
Grandview Global Financial Services,Inc and Meddevco Co. Case Study
Grandview Global Financial Services,Inc and Meddevco Co. Case StudyGrandview Global Financial Services,Inc and Meddevco Co. Case Study
Grandview Global Financial Services,Inc and Meddevco Co. Case StudyRobiul Awal Tuhin
 
Developing a Company wide Training Program
Developing a Company wide Training ProgramDeveloping a Company wide Training Program
Developing a Company wide Training ProgramCorinne Dekker
 
Performance Management -CH 1 preparation
Performance Management -CH 1 preparationPerformance Management -CH 1 preparation
Performance Management -CH 1 preparationEngr Mirza S Hasan
 
Business continuity planning and disaster recovery
Business continuity planning and disaster recoveryBusiness continuity planning and disaster recovery
Business continuity planning and disaster recoveryKrutiShah114
 
Leveling Up - Five Real World Examples of Incremental Maturity v0.1b
Leveling Up - Five Real World Examples of Incremental Maturity v0.1bLeveling Up - Five Real World Examples of Incremental Maturity v0.1b
Leveling Up - Five Real World Examples of Incremental Maturity v0.1bThe Project Strategy Consulting Group
 
Business Continuity Planning Seminar
Business Continuity Planning SeminarBusiness Continuity Planning Seminar
Business Continuity Planning Seminarcmckinney
 
Chapter 1 t & d introduction
Chapter 1 t & d introductionChapter 1 t & d introduction
Chapter 1 t & d introductionAlina Zulfiqar
 
Advanced project management mod 2
 Advanced project management mod 2 Advanced project management mod 2
Advanced project management mod 2POOJA UDAYAN
 
Corporate performance management how_to_build_a_better_organization_through_...
Corporate performance management  how_to_build_a_better_organization_through_...Corporate performance management  how_to_build_a_better_organization_through_...
Corporate performance management how_to_build_a_better_organization_through_...rifki_rizal_ahmad
 

What's hot (17)

Str 581 final exam set 3
Str 581 final exam set 3Str 581 final exam set 3
Str 581 final exam set 3
 
Strategic management mod 2/unit 2
Strategic management mod 2/unit 2Strategic management mod 2/unit 2
Strategic management mod 2/unit 2
 
Internal Control Questionnaires (ICQs)
Internal Control Questionnaires (ICQs)Internal Control Questionnaires (ICQs)
Internal Control Questionnaires (ICQs)
 
LDR 531 Final Exam Analysis | LDR 531 Final Exam Answers | LDR 531 Final Exam...
LDR 531 Final Exam Analysis | LDR 531 Final Exam Answers | LDR 531 Final Exam...LDR 531 Final Exam Analysis | LDR 531 Final Exam Answers | LDR 531 Final Exam...
LDR 531 Final Exam Analysis | LDR 531 Final Exam Answers | LDR 531 Final Exam...
 
Ldr 531 final exam latest uop final exam questions with answers
Ldr 531 final exam latest uop final exam questions with answersLdr 531 final exam latest uop final exam questions with answers
Ldr 531 final exam latest uop final exam questions with answers
 
Levelling Up - Five Real World Examples of Incremental Maturity
Levelling Up - Five Real World Examples of Incremental MaturityLevelling Up - Five Real World Examples of Incremental Maturity
Levelling Up - Five Real World Examples of Incremental Maturity
 
LDR 531 Final Exam Latest Online HomeWork Help
LDR 531 Final Exam Latest Online HomeWork HelpLDR 531 Final Exam Latest Online HomeWork Help
LDR 531 Final Exam Latest Online HomeWork Help
 
Operation and Production Management
Operation and Production ManagementOperation and Production Management
Operation and Production Management
 
Grandview Global Financial Services,Inc and Meddevco Co. Case Study
Grandview Global Financial Services,Inc and Meddevco Co. Case StudyGrandview Global Financial Services,Inc and Meddevco Co. Case Study
Grandview Global Financial Services,Inc and Meddevco Co. Case Study
 
Developing a Company wide Training Program
Developing a Company wide Training ProgramDeveloping a Company wide Training Program
Developing a Company wide Training Program
 
Performance Management -CH 1 preparation
Performance Management -CH 1 preparationPerformance Management -CH 1 preparation
Performance Management -CH 1 preparation
 
Business continuity planning and disaster recovery
Business continuity planning and disaster recoveryBusiness continuity planning and disaster recovery
Business continuity planning and disaster recovery
 
Leveling Up - Five Real World Examples of Incremental Maturity v0.1b
Leveling Up - Five Real World Examples of Incremental Maturity v0.1bLeveling Up - Five Real World Examples of Incremental Maturity v0.1b
Leveling Up - Five Real World Examples of Incremental Maturity v0.1b
 
Business Continuity Planning Seminar
Business Continuity Planning SeminarBusiness Continuity Planning Seminar
Business Continuity Planning Seminar
 
Chapter 1 t & d introduction
Chapter 1 t & d introductionChapter 1 t & d introduction
Chapter 1 t & d introduction
 
Advanced project management mod 2
 Advanced project management mod 2 Advanced project management mod 2
Advanced project management mod 2
 
Corporate performance management how_to_build_a_better_organization_through_...
Corporate performance management  how_to_build_a_better_organization_through_...Corporate performance management  how_to_build_a_better_organization_through_...
Corporate performance management how_to_build_a_better_organization_through_...
 

Similar to Tc11 ad14

Cima syllabus is in the context of look : E3 strategic case study 2015 march
Cima syllabus is in the context of look  :  E3 strategic case study 2015 marchCima syllabus is in the context of look  :  E3 strategic case study 2015 march
Cima syllabus is in the context of look : E3 strategic case study 2015 marchPraneeth Prabodha Dissanayaka, MILT
 
#CU11: Notes on "Governance, technology, and staff - The critical links betwe...
#CU11: Notes on "Governance, technology, and staff - The critical links betwe...#CU11: Notes on "Governance, technology, and staff - The critical links betwe...
#CU11: Notes on "Governance, technology, and staff - The critical links betwe...Connecting Up
 
Continous process improvement
Continous process improvementContinous process improvement
Continous process improvementSarfraz Ashraf
 
TOTAL QUALITY MANAGEMENT
TOTAL QUALITY MANAGEMENTTOTAL QUALITY MANAGEMENT
TOTAL QUALITY MANAGEMENTReaz Uddin
 
1Running Head Business ProjectSection 1 Business Requirement.docx
1Running Head Business ProjectSection 1 Business Requirement.docx1Running Head Business ProjectSection 1 Business Requirement.docx
1Running Head Business ProjectSection 1 Business Requirement.docxfelicidaddinwoodie
 
10 ESSENTIALS FOR A SUCCESSFUL OFFSHORE TRANSITION
10 ESSENTIALS FOR A SUCCESSFUL OFFSHORE TRANSITION10 ESSENTIALS FOR A SUCCESSFUL OFFSHORE TRANSITION
10 ESSENTIALS FOR A SUCCESSFUL OFFSHORE TRANSITIONBhavanthSoni
 
White Paper: "Keys to a Successful Call Center Transition" (31West Knowledge ...
White Paper: "Keys to a Successful Call Center Transition" (31West Knowledge ...White Paper: "Keys to a Successful Call Center Transition" (31West Knowledge ...
White Paper: "Keys to a Successful Call Center Transition" (31West Knowledge ...31West Global Services
 
bpr-chapter1-concept-and-principle-know-where-you-are3.ppt
bpr-chapter1-concept-and-principle-know-where-you-are3.pptbpr-chapter1-concept-and-principle-know-where-you-are3.ppt
bpr-chapter1-concept-and-principle-know-where-you-are3.pptGentaSahuri2
 
Are You Ready? Implementing COSO's Updated Internal Controls Framework
Are You Ready? Implementing COSO's Updated Internal Controls FrameworkAre You Ready? Implementing COSO's Updated Internal Controls Framework
Are You Ready? Implementing COSO's Updated Internal Controls FrameworkBlackLine
 
Strategic Plan Part 3By Christopher Gilbe.docx
Strategic Plan Part 3By Christopher Gilbe.docxStrategic Plan Part 3By Christopher Gilbe.docx
Strategic Plan Part 3By Christopher Gilbe.docxflorriezhamphrey3065
 
Foundations of Strategic Competitiveness
Foundations of Strategic CompetitivenessFoundations of Strategic Competitiveness
Foundations of Strategic Competitivenessdrnurhizam
 
2008 Pioneering The Employment Services Audit In The Ontario College Sector
2008 Pioneering The Employment Services Audit In The Ontario College Sector2008 Pioneering The Employment Services Audit In The Ontario College Sector
2008 Pioneering The Employment Services Audit In The Ontario College SectorNikhat Rasheed
 
Organizational innovation and change
Organizational innovation and changeOrganizational innovation and change
Organizational innovation and changeMahdi Khobreh
 
Innovation management case study
Innovation management   case studyInnovation management   case study
Innovation management case studyHassan Saif
 
PEX 2015 PA Consulting playing cards
PEX 2015 PA Consulting playing cardsPEX 2015 PA Consulting playing cards
PEX 2015 PA Consulting playing cardsLiam Palmer
 

Similar to Tc11 ad14 (20)

Om
OmOm
Om
 
Cima syllabus is in the context of look : E3 strategic case study 2015 march
Cima syllabus is in the context of look  :  E3 strategic case study 2015 marchCima syllabus is in the context of look  :  E3 strategic case study 2015 march
Cima syllabus is in the context of look : E3 strategic case study 2015 march
 
#CU11: Notes on "Governance, technology, and staff - The critical links betwe...
#CU11: Notes on "Governance, technology, and staff - The critical links betwe...#CU11: Notes on "Governance, technology, and staff - The critical links betwe...
#CU11: Notes on "Governance, technology, and staff - The critical links betwe...
 
Report
ReportReport
Report
 
Continous process improvement
Continous process improvementContinous process improvement
Continous process improvement
 
TOTAL QUALITY MANAGEMENT
TOTAL QUALITY MANAGEMENTTOTAL QUALITY MANAGEMENT
TOTAL QUALITY MANAGEMENT
 
1Running Head Business ProjectSection 1 Business Requirement.docx
1Running Head Business ProjectSection 1 Business Requirement.docx1Running Head Business ProjectSection 1 Business Requirement.docx
1Running Head Business ProjectSection 1 Business Requirement.docx
 
BusinessStudies-MS.pdf
BusinessStudies-MS.pdfBusinessStudies-MS.pdf
BusinessStudies-MS.pdf
 
Aragaw-POM-ppt.pdf
Aragaw-POM-ppt.pdfAragaw-POM-ppt.pdf
Aragaw-POM-ppt.pdf
 
10 ESSENTIALS FOR A SUCCESSFUL OFFSHORE TRANSITION
10 ESSENTIALS FOR A SUCCESSFUL OFFSHORE TRANSITION10 ESSENTIALS FOR A SUCCESSFUL OFFSHORE TRANSITION
10 ESSENTIALS FOR A SUCCESSFUL OFFSHORE TRANSITION
 
White Paper: "Keys to a Successful Call Center Transition" (31West Knowledge ...
White Paper: "Keys to a Successful Call Center Transition" (31West Knowledge ...White Paper: "Keys to a Successful Call Center Transition" (31West Knowledge ...
White Paper: "Keys to a Successful Call Center Transition" (31West Knowledge ...
 
bpr-chapter1-concept-and-principle-know-where-you-are3.ppt
bpr-chapter1-concept-and-principle-know-where-you-are3.pptbpr-chapter1-concept-and-principle-know-where-you-are3.ppt
bpr-chapter1-concept-and-principle-know-where-you-are3.ppt
 
Are You Ready? Implementing COSO's Updated Internal Controls Framework
Are You Ready? Implementing COSO's Updated Internal Controls FrameworkAre You Ready? Implementing COSO's Updated Internal Controls Framework
Are You Ready? Implementing COSO's Updated Internal Controls Framework
 
Strategic Plan Part 3By Christopher Gilbe.docx
Strategic Plan Part 3By Christopher Gilbe.docxStrategic Plan Part 3By Christopher Gilbe.docx
Strategic Plan Part 3By Christopher Gilbe.docx
 
Foundations of Strategic Competitiveness
Foundations of Strategic CompetitivenessFoundations of Strategic Competitiveness
Foundations of Strategic Competitiveness
 
Virtual Organization
Virtual OrganizationVirtual Organization
Virtual Organization
 
2008 Pioneering The Employment Services Audit In The Ontario College Sector
2008 Pioneering The Employment Services Audit In The Ontario College Sector2008 Pioneering The Employment Services Audit In The Ontario College Sector
2008 Pioneering The Employment Services Audit In The Ontario College Sector
 
Organizational innovation and change
Organizational innovation and changeOrganizational innovation and change
Organizational innovation and change
 
Innovation management case study
Innovation management   case studyInnovation management   case study
Innovation management case study
 
PEX 2015 PA Consulting playing cards
PEX 2015 PA Consulting playing cardsPEX 2015 PA Consulting playing cards
PEX 2015 PA Consulting playing cards
 

More from Sazzad Hossain, ITP, MBA, CSCA™

সর্বজনীন পেনশন স্কীম বিধিমালা সংক্রান্ত গেজেট (আগস্ট ২০২৩)
সর্বজনীন পেনশন স্কীম বিধিমালা সংক্রান্ত গেজেট (আগস্ট ২০২৩) সর্বজনীন পেনশন স্কীম বিধিমালা সংক্রান্ত গেজেট (আগস্ট ২০২৩)
সর্বজনীন পেনশন স্কীম বিধিমালা সংক্রান্ত গেজেট (আগস্ট ২০২৩) Sazzad Hossain, ITP, MBA, CSCA™
 
জীবনকে কয়েক ধাপ এগিয়ে নিতে চাইলে
জীবনকে কয়েক ধাপ এগিয়ে নিতে চাইলে জীবনকে কয়েক ধাপ এগিয়ে নিতে চাইলে
জীবনকে কয়েক ধাপ এগিয়ে নিতে চাইলে Sazzad Hossain, ITP, MBA, CSCA™
 
Jun-2023 এস.আর.ও. নং- ১৯৫-২০১-আইন-২০২৩ Customs Act 1969
Jun-2023 এস.আর.ও. নং- ১৯৫-২০১-আইন-২০২৩ Customs Act 1969Jun-2023 এস.আর.ও. নং- ১৯৫-২০১-আইন-২০২৩ Customs Act 1969
Jun-2023 এস.আর.ও. নং- ১৯৫-২০১-আইন-২০২৩ Customs Act 1969Sazzad Hossain, ITP, MBA, CSCA™
 
TDS Tax Deducted at Source Rule 2023 এস.আর.ও. নং ২০৬-২১০-আইন-২০২৩
TDS Tax Deducted at Source Rule 2023 এস.আর.ও. নং ২০৬-২১০-আইন-২০২৩TDS Tax Deducted at Source Rule 2023 এস.আর.ও. নং ২০৬-২১০-আইন-২০২৩
TDS Tax Deducted at Source Rule 2023 এস.আর.ও. নং ২০৬-২১০-আইন-২০২৩Sazzad Hossain, ITP, MBA, CSCA™
 
২০২৩ সনের ১৩ নং আইন ব্যাংক- কোম্পানি (সংশোধন) আইন, ২০২৩
২০২৩ সনের ১৩ নং আইন ব্যাংক- কোম্পানি (সংশোধন) আইন, ২০২৩২০২৩ সনের ১৩ নং আইন ব্যাংক- কোম্পানি (সংশোধন) আইন, ২০২৩
২০২৩ সনের ১৩ নং আইন ব্যাংক- কোম্পানি (সংশোধন) আইন, ২০২৩Sazzad Hossain, ITP, MBA, CSCA™
 
২০২৩ সনের ২২ নং আইন বাংলাদেশ শিল্প-নকশা আইন, ২০২৩
২০২৩ সনের ২২ নং আইন বাংলাদেশ শিল্প-নকশা আইন, ২০২৩২০২৩ সনের ২২ নং আইন বাংলাদেশ শিল্প-নকশা আইন, ২০২৩
২০২৩ সনের ২২ নং আইন বাংলাদেশ শিল্প-নকশা আইন, ২০২৩Sazzad Hossain, ITP, MBA, CSCA™
 
২০২৩ সনের ২০ নং আইন এজেন্সি টু ইনোভেট (এটুআই) আইন, ২০২৩
২০২৩ সনের ২০ নং আইন এজেন্সি টু ইনোভেট (এটুআই) আইন, ২০২৩২০২৩ সনের ২০ নং আইন এজেন্সি টু ইনোভেট (এটুআই) আইন, ২০২৩
২০২৩ সনের ২০ নং আইন এজেন্সি টু ইনোভেট (এটুআই) আইন, ২০২৩Sazzad Hossain, ITP, MBA, CSCA™
 
২০২৩ সনের ১৯ নং আইন বাংলাদেশ সরকারি-বেসরকারি অংশীদারিত্ব (সংশোধন) আইন, ২০২৩
২০২৩ সনের ১৯ নং আইন বাংলাদেশ সরকারি-বেসরকারি অংশীদারিত্ব (সংশোধন) আইন, ২০২৩২০২৩ সনের ১৯ নং আইন বাংলাদেশ সরকারি-বেসরকারি অংশীদারিত্ব (সংশোধন) আইন, ২০২৩
২০২৩ সনের ১৯ নং আইন বাংলাদেশ সরকারি-বেসরকারি অংশীদারিত্ব (সংশোধন) আইন, ২০২৩Sazzad Hossain, ITP, MBA, CSCA™
 
এস.আর.ও নং ২২৪আইন-আয়কর-২০২৩
এস.আর.ও নং ২২৪আইন-আয়কর-২০২৩এস.আর.ও নং ২২৪আইন-আয়কর-২০২৩
এস.আর.ও নং ২২৪আইন-আয়কর-২০২৩Sazzad Hossain, ITP, MBA, CSCA™
 
Govt Employee Taxation Rules এস.আর.ও নং ২২৫-আইন-আয়কর-৭-২০২৩.pdf
Govt Employee Taxation Rules এস.আর.ও নং ২২৫-আইন-আয়কর-৭-২০২৩.pdfGovt Employee Taxation Rules এস.আর.ও নং ২২৫-আইন-আয়কর-৭-২০২৩.pdf
Govt Employee Taxation Rules এস.আর.ও নং ২২৫-আইন-আয়কর-৭-২০২৩.pdfSazzad Hossain, ITP, MBA, CSCA™
 
TDS Rules, 2023 উৎসে কর বিধিমালা, ২০২৩
TDS Rules, 2023 উৎসে কর বিধিমালা, ২০২৩ TDS Rules, 2023 উৎসে কর বিধিমালা, ২০২৩
TDS Rules, 2023 উৎসে কর বিধিমালা, ২০২৩ Sazzad Hossain, ITP, MBA, CSCA™
 
২০২৩-২৪ অর্থবছরে ভ্যাট হার
২০২৩-২৪ অর্থবছরে ভ্যাট হার২০২৩-২৪ অর্থবছরে ভ্যাট হার
২০২৩-২৪ অর্থবছরে ভ্যাট হারSazzad Hossain, ITP, MBA, CSCA™
 

More from Sazzad Hossain, ITP, MBA, CSCA™ (20)

ITP CIRCULAR 2017 Income Tax Bangladesh - NBR
ITP CIRCULAR 2017 Income Tax Bangladesh - NBRITP CIRCULAR 2017 Income Tax Bangladesh - NBR
ITP CIRCULAR 2017 Income Tax Bangladesh - NBR
 
Auditors Tor for Cash incentive audit of BB
Auditors Tor for Cash incentive audit of BBAuditors Tor for Cash incentive audit of BB
Auditors Tor for Cash incentive audit of BB
 
Tax year 2024 Advance Taxation book by Khalid Petiwala
Tax year 2024 Advance Taxation book by Khalid PetiwalaTax year 2024 Advance Taxation book by Khalid Petiwala
Tax year 2024 Advance Taxation book by Khalid Petiwala
 
All CA Firms 23 October 2023
All CA Firms 23 October 2023All CA Firms 23 October 2023
All CA Firms 23 October 2023
 
আয়কর পরিপত্র ২০২৩-২৪
আয়কর পরিপত্র ২০২৩-২৪ আয়কর পরিপত্র ২০২৩-২৪
আয়কর পরিপত্র ২০২৩-২৪
 
সর্বজনীন পেনশন স্কীম বিধিমালা সংক্রান্ত গেজেট (আগস্ট ২০২৩)
সর্বজনীন পেনশন স্কীম বিধিমালা সংক্রান্ত গেজেট (আগস্ট ২০২৩) সর্বজনীন পেনশন স্কীম বিধিমালা সংক্রান্ত গেজেট (আগস্ট ২০২৩)
সর্বজনীন পেনশন স্কীম বিধিমালা সংক্রান্ত গেজেট (আগস্ট ২০২৩)
 
VAT Deduction at Source
VAT Deduction at SourceVAT Deduction at Source
VAT Deduction at Source
 
জীবনকে কয়েক ধাপ এগিয়ে নিতে চাইলে
জীবনকে কয়েক ধাপ এগিয়ে নিতে চাইলে জীবনকে কয়েক ধাপ এগিয়ে নিতে চাইলে
জীবনকে কয়েক ধাপ এগিয়ে নিতে চাইলে
 
Jun-2023 এস.আর.ও. নং- ১৯৫-২০১-আইন-২০২৩ Customs Act 1969
Jun-2023 এস.আর.ও. নং- ১৯৫-২০১-আইন-২০২৩ Customs Act 1969Jun-2023 এস.আর.ও. নং- ১৯৫-২০১-আইন-২০২৩ Customs Act 1969
Jun-2023 এস.আর.ও. নং- ১৯৫-২০১-আইন-২০২৩ Customs Act 1969
 
TDS Tax Deducted at Source Rule 2023 এস.আর.ও. নং ২০৬-২১০-আইন-২০২৩
TDS Tax Deducted at Source Rule 2023 এস.আর.ও. নং ২০৬-২১০-আইন-২০২৩TDS Tax Deducted at Source Rule 2023 এস.আর.ও. নং ২০৬-২১০-আইন-২০২৩
TDS Tax Deducted at Source Rule 2023 এস.আর.ও. নং ২০৬-২১০-আইন-২০২৩
 
২০২৩ সনের ১৩ নং আইন ব্যাংক- কোম্পানি (সংশোধন) আইন, ২০২৩
২০২৩ সনের ১৩ নং আইন ব্যাংক- কোম্পানি (সংশোধন) আইন, ২০২৩২০২৩ সনের ১৩ নং আইন ব্যাংক- কোম্পানি (সংশোধন) আইন, ২০২৩
২০২৩ সনের ১৩ নং আইন ব্যাংক- কোম্পানি (সংশোধন) আইন, ২০২৩
 
২০২৩ সনের ২২ নং আইন বাংলাদেশ শিল্প-নকশা আইন, ২০২৩
২০২৩ সনের ২২ নং আইন বাংলাদেশ শিল্প-নকশা আইন, ২০২৩২০২৩ সনের ২২ নং আইন বাংলাদেশ শিল্প-নকশা আইন, ২০২৩
২০২৩ সনের ২২ নং আইন বাংলাদেশ শিল্প-নকশা আইন, ২০২৩
 
২০২৩ সনের ২০ নং আইন এজেন্সি টু ইনোভেট (এটুআই) আইন, ২০২৩
২০২৩ সনের ২০ নং আইন এজেন্সি টু ইনোভেট (এটুআই) আইন, ২০২৩২০২৩ সনের ২০ নং আইন এজেন্সি টু ইনোভেট (এটুআই) আইন, ২০২৩
২০২৩ সনের ২০ নং আইন এজেন্সি টু ইনোভেট (এটুআই) আইন, ২০২৩
 
২০২৩ সনের ১৯ নং আইন বাংলাদেশ সরকারি-বেসরকারি অংশীদারিত্ব (সংশোধন) আইন, ২০২৩
২০২৩ সনের ১৯ নং আইন বাংলাদেশ সরকারি-বেসরকারি অংশীদারিত্ব (সংশোধন) আইন, ২০২৩২০২৩ সনের ১৯ নং আইন বাংলাদেশ সরকারি-বেসরকারি অংশীদারিত্ব (সংশোধন) আইন, ২০২৩
২০২৩ সনের ১৯ নং আইন বাংলাদেশ সরকারি-বেসরকারি অংশীদারিত্ব (সংশোধন) আইন, ২০২৩
 
এস.আর.ও নং ২২৪আইন-আয়কর-২০২৩
এস.আর.ও নং ২২৪আইন-আয়কর-২০২৩এস.আর.ও নং ২২৪আইন-আয়কর-২০২৩
এস.আর.ও নং ২২৪আইন-আয়কর-২০২৩
 
Govt Employee Taxation Rules এস.আর.ও নং ২২৫-আইন-আয়কর-৭-২০২৩.pdf
Govt Employee Taxation Rules এস.আর.ও নং ২২৫-আইন-আয়কর-৭-২০২৩.pdfGovt Employee Taxation Rules এস.আর.ও নং ২২৫-আইন-আয়কর-৭-২০২৩.pdf
Govt Employee Taxation Rules এস.আর.ও নং ২২৫-আইন-আয়কর-৭-২০২৩.pdf
 
TDS Rules, 2023 উৎসে কর বিধিমালা, ২০২৩
TDS Rules, 2023 উৎসে কর বিধিমালা, ২০২৩ TDS Rules, 2023 উৎসে কর বিধিমালা, ২০২৩
TDS Rules, 2023 উৎসে কর বিধিমালা, ২০২৩
 
২০২৩-২৪ অর্থবছরে ভ্যাট হার
২০২৩-২৪ অর্থবছরে ভ্যাট হার২০২৩-২৪ অর্থবছরে ভ্যাট হার
২০২৩-২৪ অর্থবছরে ভ্যাট হার
 
TDS on ITA 2023
TDS on ITA 2023  TDS on ITA 2023
TDS on ITA 2023
 
Mapping of ITA 2023 with ITO 1984
Mapping of ITA 2023 with ITO 1984Mapping of ITA 2023 with ITO 1984
Mapping of ITA 2023 with ITO 1984
 

Recently uploaded

Final demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxFinal demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxAvyJaneVismanos
 
Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for BeginnersSabitha Banu
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersSabitha Banu
 
CELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxCELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxJiesonDelaCerna
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...Marc Dusseiller Dusjagr
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentInMediaRes1
 
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfSumit Tiwari
 
Pharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdfPharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdfMahmoud M. Sallam
 
Hierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementHierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementmkooblal
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Celine George
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxsocialsciencegdgrohi
 
Biting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfBiting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfadityarao40181
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxNirmalaLoungPoorunde1
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfUjwalaBharambe
 

Recently uploaded (20)

Final demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxFinal demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptx
 
Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for Beginners
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginners
 
CELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxCELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptx
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 
OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media Component
 
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
 
Pharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdfPharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdf
 
Hierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementHierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of management
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
 
ESSENTIAL of (CS/IT/IS) class 06 (database)
ESSENTIAL of (CS/IT/IS) class 06 (database)ESSENTIAL of (CS/IT/IS) class 06 (database)
ESSENTIAL of (CS/IT/IS) class 06 (database)
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
 
Biting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfBiting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdf
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptx
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
 

Tc11 ad14

  • 1. STRICTLY CONFIDENTIAL 2014 EXAMINATIONS ACCOUNTING TECHNICIAN PROGRAMME PAPER TC11: MANAGEMENT FRIDAY 5 DECEMBER 2014 TIME ALLOWED : 3 HOURS SUGGESTED SOLUTIONS
  • 2. 1 1. (a) The characteristics of an open system are as follows:  Openness An organization as a social system is open to its external environment to obtain energic inputs and as an outlet for its outputs such as services and products. This is important for the survival, growth and success of an organization.  Process or throughput Refers to the translation of inputs into outputs – i.e. services and products to satisfy customer needs and expectations. Activities associated with this feature include production, planning, training decision – making etc.  Output Refers to services and products that are produced by an organization and offered or sold to customers in order to satisfy their needs and expectations.  Cyclic Nature The returns realized from marketing the output enable farther inputs to be made to complete the cycle of production.  Negative Entropy The organization imports and stores more energy, raw materials, finance etc than is required to produce output to permit survival in difficult times such as recessionary or crisis situations.  Feedback An organization needs to obtain positive or negative feedback from the environment pertaining to how customers perceive its products so that it can adapt its operations accordingly.  Steady State To continue in existence an organization must maintain a balance between inflowing inputs and outflowing output to maintain a dynamic form of equilibrium and avoid stagnation.  Differentiation Refers to an organization’s tendency to move towards greater specialization of functions and multiplicity of roles to accommodate new demands.
  • 3. 2  Equifinality Open systems achieve their goals in several ways as similar results can be achieved by different methods to permit flexibility. (b) (i) Closed sub-system is important for organization success because:  It ensures organizational stability as it prevents fluidity.  It maintains organizations’ culture and common identity. (ii) Open sub-system is important for organization success because:  It permits the importation of inputs into the organization.  It provides the outlet for organization’s outputs.  It allows the organization to adapt to contextual changes. (c) Examples of closed and open sub-systems respectively are as follows: (i) Closed sub-systems  Production department  Accounts department (ii) Open sub-systems  Marketing department  Research and development department 2. (a) A manager can ensure productive work teams as follows:  Clear Goals They ensure common understanding, unity of direction and increased employee motivation and commitment.  Mutual Trust Increases team cohesiveness as it reduces conflict and suspicion between management and team members.  Effective Communication Ensures common understanding and collaboration amongst team members.
  • 4. 3  Effective Leadership Appropriate leadership style that motivates members to interact more frequently allows the development of ties amongst group members i.e. bonding.  Appropriate Corporate Culture People – centered corporate culture is more likely to nurture team spirit than task-oriented corporate culture. (b) A manager can use work teams to contribute towards the achievement of organizational goals as follows:  Motivate Team Members Team spirit and supportive work environment creates conducive environment that promotes employee motivation.  Delegate to team members Manager can delegate some of their tasks to team member to create time for more strategic issues.  Bring Change It is easier to initiate and sustain change through the team than individuals as teams are more flexible than individuals.  Synergise Teams can bring about synergy – i.e. multiplier effect to increase productivity.  Speed up decisions as teams are usually multi-skilled hence can handle problems from different perspectives.  Continuous Learning and Improvement Through interchange of ideas wisdom and skills team members have the opportunity to learn and improve customer service delivery continuously. 3. (a) ICT can improve the quality of customer service in the following ways:  Faster calculation and accurate processing of paper work to ensure responsive and prompt customer service.  Provision of updates on purchase patterns and customer preference to enable the organization adapt accordingly.  Instant distribution of information on products and services with related trade terms to many customers world-wide.
  • 5. 4  Easy and speedy integration of office functions to enable clerical, secretarial and administrative staff write various documents and access records and databases from one work station.  Provision of new efficiencies such as ATM and Electronic point of sale which have reduced lead times and queuing in retail shops and various service centres.  Accurate and reliable electronic maintenance of inventory to avoid overstocking and stock-outs. (b) The constraints are:  Automated ICT may eliminate jobs leading to increased unemployment and related social problems.  It may allow employers to collect personal details about employees and thus violating their right to privacy.  It can bring about boredom and fatigue to employees in the course of operating standard office systems.  Excessive use of ICT may cause stress and injury to the health of employees due to continued strain in the face of computer screens and other gadgets.  Internet can be used by unscrupulous employees to carry out illegal transactions.  ICT can encourage time wasting practices such as playing games on computers during normal working hours. (c) Three remedies to minimize these constraints are as follows:  Re-training affected people to acquire skills to enhance employability to get alternative jobs within or outside the organization.  A policy to stipulate maximum time per day an individual may be exposed to video display unit to reduce stress and boredom.  Providing guidance to staff on the disciplinary rules that constitute misconduct together with the sanctions that may be imposed on staff.  Monitoring and checking the use of internet facilities by employees to avoid playing of games on the computer. 4. (a) The ways in which business organizations can benefit from Research and Development are as follows:
  • 6. 5  Corporate Planning Research and development provides business organizations with current opportunities and threats as basis for corporate planning.  Development of new products or prolonging the life span of old products in response to market changes, competition, changing cost structures and product position on the product life cycle.  Developing new processes in response to the need for improved productivity, cost reductions or new technologies.  Creation and support of organization culture of adaptability and innovation.  Ability to go ahead or catch up with latest competitive technology. (b) The constraints associated with Research and Development are as follows:  It is difficult to control research and development staff because their work calls for mobility, creativity, discretion and autonomy.  Research and development projects may not be economically viable as they can be extended over long period of time in a bid to realize expected outcomes that may not be forthcoming.  Where several research projects are being implemented simultaneously it is often difficult to prioritize which ones should continue or stop temporarily.  Where research and development project has proved unattainable it is difficult to decide the point at which it should be abandoned. (c) The ways to minimize these constraints are as follows:  Ensure commercially sound judgment through experienced and skilled personnel who should take charge of research and development activities.  Imposition of time limits on projects and review of progress from time to time.  Effective project planning and monitoring and evaluation to deal with variances from plans.  Budgetary control to ensure that research and development projects are abandoned at the point they become financially unsustainable.
  • 7. 6 5. (a) Disciplinary Procedure The main steps of typical disciplinary procedure are as follows: Step 1: Inform the concerned individual of alleged misconduct in the presence of his/her supervisor. Step 2: Allow the individual to state his/her case and to be accompanied by a fellow employee or union representative. Step 3: Investigate the case thoroughly before any disciplinary action is taken. Step 4: Inform the individual of the reasons for any penalty to be inflicted upon him/her. Step 5: Announce appropriate penalty – i.e dismissal for gross misconduct or repeated misconduct after first oral, second and final written warning had been given to him/her (b) Grievance Procedure The steps of typical grievance procedure are as follows: Step 1: The concerned employee or group of employees or trade union officials raise grievance with their supervisor who must deal with the matter within 7 working days. Step 2: The concerned party takes the matter to head of department if not satisfied with the way the supervisor handles the matter or if the matter is not attended to after the expiry of 7 working days. The head of department must settle the matter within 14 working days. Human resource practitioner and union officials and complainants can be in attendance. Step 3: If not satisfied with the way the matter is handled or the head of department does not attend to the grievance within 14 days, the concerned party takes the case to the Director who must handle the mater within 21 working days. The human resource practitioner, trade union officials and complainants will be in attendance. Step 4: Third party intervention If the concerned party is not satisfied with the decision of the Director they may seek external assistance in the form of Third Party Intervention involving conciliation, mediation, arbitration and adjudication.
  • 8. 7 6. (a) The appropriate position of Chitukuko Networks on the Product Life Cycle (PLC) is illustrated below: PRODUCT LIFE CYCLE Chitukuko Networks SALES ● PROFITS Introduction Growth Maturity Saturation Decline Explanation  Chitukuko Networks have been on the market for relatively short period in Malawi hence they are still fashionable and its sales are growing at a faster rate.  It is therefore at the growth stage on the PLC.  It is experiencing some competition as competitors are becoming aware of the Chitukuko Networks.  Its price remains relatively high even though it is leveling off gradually.  Competitors are beginning to emulate the features of Chitukuko Networks.
  • 9. 8 (b) The appropriate strategies to boost the sales of the Chitukuko Networks as far as growth stage of PLC is concerned are as follows:  Intensify advertisement activities so that more potential buyers become aware of its benefits.  Intensify promotional activities to expand the market share of the cellphones.  Slightly reduce the price of the cellphones in order to attract more customers.  Diversify the features and functionality of the cellphones in order to erect barriers to new entrants into the market for the cellphones.  Market penetration in order to expand further in the existing market. 7. (a) Job specification is a significant tool for effective recruitment because of the following reasons:  It is the basis for developing selection criteria used to short list applicants and identify the best candidates for a particular job.  It assists potential job applicants to understand the required professional and academic qualification to decide whether they qualify for the job or not.  It promotes equal opportunity in recruitment as it ensures fair and objective recruitment process.  It assists the employer to formulate relevant induction training programme as part of recruitment process.  It enables the employer to answer queries with respect to applicants who may not be shortlisted or appointed for the job.  It ensures that the right people are recruited for the right jobs. (b) The job advertisement should contain the following information in their chronological and structured order: (i) The name of the organization in block letters. (ii) The job title in block letters. (iii) Brief statement announcing the intention to fill an existing job vacancy with the right person. (iv) Geographical and hierarchical location of the job.
  • 10. 9 (v) The responsibilities and duties to be performed by the successful candidate. (vi) The right qualifications, knowledge and skills of the successful candidate. (vii) The reporting relationships i.e. who the successful candidate will be reporting to and who he/she will be responsible for. (viii) The salary and other fringe benefits (if any) for successful candidate. (ix) Instructions indicating how interested candidates should apply and the postal address or telephone to use. (x) The deadline for receiving applications. E N D