Bumble Beasley Was Recently Hired as a Marketing Manager at ATI

question 64

Essay

Bumble Beasley was recently hired as a marketing manager at ATI Corporation.When approached by the accounting manager regarding the development of an internal control plan for the marketing department, Bumble said: "Internal control? I'm not even really sure I know what that is.And even if I did, I had the impression that it was all the responsibility of you accounting types." In the role of the accounting manager, explain to Bumble in your own words what internal control is.Also explain, in your own words, the basic purposes of internal control.

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Definitions:

Supervisor's Style

The characteristic way in which a supervisor manages and interacts with their subordinates, including their methods of communication, motivation, and leadership.

Criterion Deficiency

The absence of critical elements that should be included in performance evaluation measures, potentially leading to incomplete assessments.

Criterion Contamination

When performance evaluation measures include factors irrelevant to the actual job performance, potentially leading to inaccurate assessments.

Reliability

The degree to which interviews, tests, and other selection procedures yield comparable data over time