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i)DIVISION OF LABOR: work should be divided into units to increase efficiency and output.
ii)AUTHORITY: Authority should be vested in the formal positions in the organization.
iii)DISCIPLINE: workers and managers should be disciplined by respective rules that govern activities in the organization.
iv)UNITY OF COMMAND: no individual should have more than one supervisor. this is because when employees receive instructions from more than one person, confusion and divided royalty may arise leading to poor coordination.
v)UNITY OF DIRECTION: tasks of similar nature should be grouped under one manager.
vi)SUBORDINATION OF INTEREST: the organization interest should be supreme and over rhyme with its main objective.
vii)RE-NUMERATION: awards in the form of pay and other benefits should be fair to all employees in the organization.
viii)CENTRALIZATION:depending on the size of the organization, power and authority may be centralized or decentralized.
ix)CHAIN OF COMMAND/ SCALAR CHAIN: authority of command should be channeled from top to bottom in the organization and this continuous chain of command should not be broken.
x)ORDER: there should be orderly coordination of human and material resources in the organization.There should be a place for everything, and right person at a place.
xi)EQUITY: there should be fairness and justice when dealing with subordinates.
xii)INITIATIVE: employees would be encouraged to act on their own whenever they have the opportunity to do so.
xiii)STABILITY TENURE: staffing should be conducted through proper planning in order to avoid high rate of labor turn over. Stable tenure of services improves organizational stability and goal achievement.
xiv)SPIRIT OF COOPERATION: the manager should emphasize teamwork by building a sense of unity in the organization.
Hildah Wafula answered the question on March 5, 2019 at 08:38
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i) as a ratio;
ii)in days for each of the years 1994 and 1995.
b) Calculate the rate of collection of debtors, in days, for each of the years 1994 and 1995.
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c) Calculate the following immediately before the rights issue:
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