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What is Power Culture ?

Management Control Financial Responsibility Financial Management
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تم إضافة السؤال من قبل Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC
تاريخ النشر: 2014/11/29
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VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

A power culture is one based on the dominance of one or a small number of individuals within an organisation. They make the key decisions for the organisation. This sort of power culture may exist in a small business or part of a larger business.

Mohammed Salim Allana
من قبل Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

Under the power culture, each department has been entrusted with limited authority to act and make decisions to attain company's strategic goals / authority defined by rules and regulations. Generally happens in family owned business, where concentration of power stays with a few directors.

FITAH MOHAMED
من قبل FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

AGREE WITH MR VENKITARAMAN & MR SALIM ANSWERS 

Malik Khalid Mahmood
من قبل Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Thanks for valuable contribution

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