StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Advanced Managerial Accounting Report - Essay Example

Cite this document
Summary
The main similarity between the two articles is that they discuss various approaches used by management to oversee successful and effective leadership at an organization. In both articles, the authors approach the issues faced by management by highlighting major research…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.7% of users find it useful
Advanced Managerial Accounting Report
Read Text Preview

Extract of sample "Advanced Managerial Accounting Report"

Review of the Articles “The Control Function of Management” by Merchant and “Why Incentive Plans Cannot Work” by KohnSimilarities between the Articles The main similarity between the two articles is that they discuss various approaches used by management to oversee successful and effective leadership at an organization. In both articles, the authors approach the issues faced by management by highlighting major research findings and explaining what effect they have on practice.Differences between the Articles The article Why Incentive Plans Cannot Work by Kohn is largely based on established research findings, unlike the article by Merchant that is mainly based on established managerial practices.

Again, Kohn’s work mainly reflects on the cons of using incentives to win over employees. On the other hand, Merchant uses a more optimistic approach in discussing the strategies that management could employ to encourage staffs. Merchant’s work is based on how management can effectively control employees’ actions for greater predictability of results, while Kohn’s article is focused on the incentive scheme as a way of improving employees’ output.Main Findings of the Articles The article by Kohn presents various weaknesses with the incentive plans adopted by many managers to motivate staff members.

The author highlights some of the weaknesses of the incentive plans as temporary compliance by staffs, stretching relationships between employees, and discouragement of risk taking. According to the author, rewards are known to undermine interest and ignore the core reasons why good performance was achieved. Merchant shows that attempting to assert too much control over staff members can be counter-productive. The author suggests that adopting more interacting approaches rather than centralizing power and functions is key to motivating staffs to better performance.

Works CitedKohn, Alfie. Why Incentive Plans Cannot Work. (n.d.). PDF.Merchant, Kenneth A. The Control Function of Management. (n.d.). PDF.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Advanced Managerial Accounting Report Essay Example | Topics and Well Written Essays - 250 words - 5”, n.d.)
Advanced Managerial Accounting Report Essay Example | Topics and Well Written Essays - 250 words - 5. Retrieved from https://studentshare.org/finance-accounting/1666628-advanced-managerial-accounting-report
(Advanced Managerial Accounting Report Essay Example | Topics and Well Written Essays - 250 Words - 5)
Advanced Managerial Accounting Report Essay Example | Topics and Well Written Essays - 250 Words - 5. https://studentshare.org/finance-accounting/1666628-advanced-managerial-accounting-report.
“Advanced Managerial Accounting Report Essay Example | Topics and Well Written Essays - 250 Words - 5”, n.d. https://studentshare.org/finance-accounting/1666628-advanced-managerial-accounting-report.
  • Cited: 0 times

CHECK THESE SAMPLES OF Advanced Managerial Accounting Report

Global Information Systems and the Associated Challenges

This report "Global Information Systems and the Associated Challenges" discusses global information systems that require incorporating flexibility and resilience into these integrated systems.... Global businesses do not generally produce standardized products.... hellip; Thus, IT resources cannot be standardized to accommodate for such customization....
12 Pages (3000 words) Report

Recognized and Unrecognized Managerial Leadership

This paper "Recognized and Unrecognized managerial Leadership" discusses the traditional role of managers that were confined to the well-defined parameters of the organization's administration and management guidelines.... The changing roles of management in the current era of rapid globalization has been succinctly articulated in the two articles: 'Recognized and unrecognized managerial leadership' by S.... In the increasingly changing environment of global competitiveness, managerial leadership has become imperative and therefore the authors have proposed a new management theory that promotes managerial leadership to facilitate the more accommodating approach to the changing dynamics of the organizational management....
6 Pages (1500 words) Report

Advanced Construction of Buildings

This report "advanced Construction of Buildings" presents the assumption that the column and beam are homogenous.... In other words, it shall be assumed that the material density for the two elements, the column, and the beam, is uniform throughout the elements (Case and Ross 1999: 68)....
6 Pages (1500 words) Report

The Leadership

This paper ''The Leadership'' tells that There are three interpersonal, managerial leadership roles, namely, figurehead, leader, and liaison.... In the figurehead role, managers perform their functions when representing their organizations in legal, social, ceremonial, and symbolic activities....
6 Pages (1500 words) Report

Systems and Benefits of Managerial Organizations

The paper "Systems and Benefits of managerial Organizations" states that the ability to create all-round functioning teams with all the stakeholders is not an easy function.... It requires patience, encouragement, and application of expertise skills in the practice of good group dynamics....
8 Pages (2000 words) Report

The History & Developments of a Computer

Examples of software may include web browsers, word processors, accounting software, and so on.... This report "The History & Developments of a Computer" discusses the developments in the computer that are still ongoing with new software are being made, implying that the computer will have the capacity to perform more functions as new software programs are made....
8 Pages (2000 words) Report

Dynamic Programming

This report "Dynamic Programming" presents a C# application that is significantly a language that can be made statically, it aims at vastly lignifying the interaction with the above- mentioned objects.... It is worthwhile noting that the key principle in C# 4.... refers to dynamic programming.... hellip; Notably, there is a trend whereby objects are increasingly in “dynamism” such that any static type cannot capture their respective structure and behavior; in other words none of them that the compiler can recognize when compiling a certain program....
8 Pages (2000 words) Report
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us