Discuss the importance of two basic types of financial statements.

Learning Outcomes: Describe control as a managerial function. Describe the steps in the control process and types of control. Discuss ways that managers can control an organization. 12.2 Action Required: Controlling is the fourth management function, along with planning, organizing, and leading and its purpose is plain: to make sure that performance meets objectives. Control […]

Compare and contrast your personal definition of a Standard with the definition(s) in the slides.

What’s a Standard? Describe your experience / familiarity with the most common construction standards listed in Chapter 2. Why are standards important? Compare and contrast your personal definition of a Standard with the definition(s) in the slides. Prior to this lecture describe your familiarity with ISO standards and Quality Management Systems. Why are Quality Audits […]