Page 185 - Microsoft Word - 00 ACCA F1 Notes Prelims.docx

Govvernancee and soocial respponsibiliity in bussiness
4.4 AAdvantagess and disaadvantagees of commmittees
Advanttages
 Bring togeether individduals with
necessaryy skills or knowledge for
ssuccessfull implemenntation of aa
ggiven task
 TTend to sloow the deccision making
process doown, meanning that
hasty, pooorly consideered
ddecisions aare less likkely
 Decisions are more llikely to bee
a accepted bby the orgaanisation aas
tthey have been made by a
ccommitteee with repreesentativess
ffrom manyy departmeents
 More peopple are invoolved in thee
ddecision mmaking proccess, leadi ing
tto increaseed motivation
D Disadvanttages
 Tendd to be sloww at making
decissions. Couuld miss ouut on
valuaable opporttunities and
perhaaps increase costs
 collecctive respoonsibility
meanns that no individual is
likelyy to be heldd accountaable
for pooor performmance of the
commmittee, reducing
motivvation of mmembers
 Members of thee committeee
may wish to furrther the
objecctives of thheir own
depaartments, leeading to
conflict within thhe committtee
179