Controlling at Technische Hochschule Georg Agricola | Flashcards & Summaries

Lernmaterialien für Controlling an der Technische Hochschule Georg Agricola

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TESTE DEIN WISSEN
What is the difference between controlling as a function and controlling as a process?
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TESTE DEIN WISSEN
- Controlling as a function, just deals with single aspects, for example amount of turnover -Controlling as a process has an eye on every single factor who influnece the performance of sales department in this example. Controlling as a process is build of a various number of functions.
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How are cash cows characterized?
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highly profitable and low investments
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Definition of Forecast
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A forecast gives an overview, how different numbers / KPI's could change in the near future.
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Time targets of operative, tactical and strategic controlling
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operative: up to 1 year tactic: 1 - 3 years strategic: >3 years
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4 Dimensions of BSC
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- Finances - Customers - Internal Buisiness - Human Rescources
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How are "stars" characterized in BSG-Matrix?
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High market growth and high relative market share
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Definition of Reporting
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Reporting is the flow of information in the company from the controller to other reasonable departments. Information have to be comprehensived and filtered.
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TESTE DEIN WISSEN
When advisory style work best
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TESTE DEIN WISSEN
To heal rifts in a team or to motivate people during stressfull circumstances
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Why should leaders varie their leadership styles?
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-different staff -different situations -different excercises /goals
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Characteristics of a consultative leader
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Superior inform his subordinates about his purposed decisions; the subordinates have the possibility to offer their opinion before the superior makes his final decision
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TESTE DEIN WISSEN
When patriarchal style work best
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TESTE DEIN WISSEN
- when changes require a new vision or when clear direction is needed
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Which is the riskiest product growth strategy suggested by the Ansoff Matrix?
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TESTE DEIN WISSEN
diversification
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Q:
What is the difference between controlling as a function and controlling as a process?
A:
- Controlling as a function, just deals with single aspects, for example amount of turnover -Controlling as a process has an eye on every single factor who influnece the performance of sales department in this example. Controlling as a process is build of a various number of functions.
Q:
How are cash cows characterized?
A:
highly profitable and low investments
Q:
Definition of Forecast
A:
A forecast gives an overview, how different numbers / KPI's could change in the near future.
Q:
Time targets of operative, tactical and strategic controlling
A:
operative: up to 1 year tactic: 1 - 3 years strategic: >3 years
Q:
4 Dimensions of BSC
A:
- Finances - Customers - Internal Buisiness - Human Rescources
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Q:
How are "stars" characterized in BSG-Matrix?
A:
High market growth and high relative market share
Q:
Definition of Reporting
A:
Reporting is the flow of information in the company from the controller to other reasonable departments. Information have to be comprehensived and filtered.
Q:
When advisory style work best
A:
To heal rifts in a team or to motivate people during stressfull circumstances
Q:
Why should leaders varie their leadership styles?
A:
-different staff -different situations -different excercises /goals
Q:
Characteristics of a consultative leader
A:
Superior inform his subordinates about his purposed decisions; the subordinates have the possibility to offer their opinion before the superior makes his final decision
Q:
When patriarchal style work best
A:
- when changes require a new vision or when clear direction is needed
Q:
Which is the riskiest product growth strategy suggested by the Ansoff Matrix?
A:
diversification
Controlling

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