The airline industry is considered to be highly competitive and therefore airline company managers will need to determine the relevance of their current ERP systems with regards to the applicability of the financial information it generates. This is because the same quantitative and qualitative information is used for both financial and management accounting. However, the main goal of a company is to generate better profitability for its owners while remaining sustainable. This is done by controlling costs while improving revenues through the use of budgets and the standardization of costs and results to variances, which are primarily under management ...
Depending Reports Samples For Students
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Organization Value and Business Reflection Topic
Introduction
Business management is a fascinating topic, more so when the lessons in the class are integrated with real-world case studies. The integration offers the students opportunities to employ the management skills learnt in the class through creative thinking and problem solving approaches to provide solutions to real business problems. The experience equips the learner with practical skills that enables the student to be an economic productive person in the society. The paper will evaluate the critical management skills the author has leant in the class. The paper will review management functionalities in the firm, relevance of effective communication ...
Introduction
West Park Services is a ranching organization that has about 30,000 animals and about 500 employees. The employees are in different categories and they enjoy different privileges depending on their level of employment in the organization. The employees’ categories range from farm attendants, Support staff, Administrators, Managers and the Chief Executive officer. For a very long period of time, operations in the firm have been manual. This has led to low level of production as the firm cannot compete effectively with other competitors who have their operations computerized.
One of the major challenges facing the firm is security. Farm animals ...
MANAGEMENT ACCOUNTING
Introduction
Management and financial accounting provide platforms for an organization management to provide informed decision and policies. Organization management uses the budget as the accounting tool in formulation of policies and allocation of resources in different activities. Accounting encompasses the entire body of knowledge that deals with recording and keeping of all financial transactions. It entails identification, recording, classification, verification, and communication of financial information relating to the resources of the organization. On the other hand, financial accounting is a subset of accounting and is concerned with the use of financial data to measure economic performance of the organization. ...
MANAGEMENT ACCOUNTING
Introduction
Management and financial accounting provide platforms for an organization management to provide informed decision and policies. Organization management uses the budget as the accounting tool in formulation and allocation of resources in different organization activities. The managers are the custodian of the budgets under the management and financial accounting. Financial statement and records provide viable financial data that helps in organization management especially in decision-making. Therefore, the study focuses on the management and financial accounting and expounding on objectives of the budget in an organization. The study will also provide the need of using variance analysis in organization ...
As a mobile robot operates in environment, its actual position and orientation are not exactly the same as targeted. Therefore, it is important to know about the robot’s definite current position for controlling it. In this section, three methods for positioning are described; using encoders, using ultrasonic ranging sensor, and using both ultrasonic and encoder sensors.
Positioning Using Encoder
In order to position the robot using encoders, it is necessary to take two steps. First, encoders should provide the current robot position. Second, it is important to reach the target position given by the supervisor.
Receiving the Robot’s Current Position Using Encoder
It is imperative to know the ...
TECHNICAL REPORT 2
REVIEW OF FOUNDATION SYSTEM FOR A BUILDING
For:
Introduction
This report outlines different types of foundations and their suitable application areas in construction. In addition, it presents the plan view, design considerations, the elevation and the significant information that are needed from soil investigations and geotechnical design. Soil investigation report outlines the outcome of the geotechnical examination report for the proposed building and complex in Dubai UAE (Peck, Hanson & Thornburn, 1974). The investigations were conducted in accordance with the conformation which is dated 8th April 2016. The aim of the investigation is to determine the conditions of both surface ...
C.
Growth in agar dishes
Air dish
The microbes take different shapes depending on the kind of plate used. The numbers of colonies were less compared to that of water and soil. Ideally, the exposure time and disturbance played a role. The formation of fungi and bacteria depicted different shapes. They are the group in the cluster and have greenish matter. Some take the form of a tennis ball or starfish.
Soil dish
The exhibition of microbes in a soil dish indicated evidence of staining (Invitrogen) dye. The radius of the microbes was at 0.24mm. The colony showed a corresponding growth when exposed to the ...
Information technology has a very big impact on the development and location of industries all over the world. The new innovations in the Information field like the advent of internet have taken the whole process of industrialisation to a new level. It was thought that with the introduction of internet, geographical location of industries was going to be affected. (Brickley, 2004) This has had a small effect but not so great as it was initially thought since there are so many factors that are considered when selecting the location of a particular kind of business. The factors which affect the geographical location of ...
BUSINESS DECISION MAKING
Business Decision-Making
Question 1
Another key feature that may hinder effective launch of the project within a period of 12 weeks is that some of the activities are considered as being critical for the project leading to a situation where the management may opt to focus more on such activities. It would be important for the management to ensure that it takes caution as a way of promoting overall success when dealing with critical activities. From the list of activities, the earliest activity will be activity D, which focuses on the assembly of all the key items that would ...
Development of Performance and Reward Management system in Nokia
Performance and Reward Management are very critical functions of Human Resource Management especially in Multinational firms which employ a diverse workforce. The performance Management and Reward management systems in these organizations have to address country specific issues to make them more effective. Well formulated policies for performance and Reward Management achieve important HRM objectives such as motivation, employee satisfaction and loyalty and low employee turnover. However changing workplace environment and external factors necessitate that these policies are reviewed and reformulated regularly to keep them aligned with organizational strategies as well as external environment. Due to the global implications of ...
Introduction
A theoretical research was conducted to demonstrate and to understand several fundamentals of hydraulics. This lab entailed information gathering and analysis of hydraulic fundamentals. It employed the use of both primary sources and secondary sources to collect relevant information on the selected topics on hydraulic fundamentals. The aim of the lab was to research and understand several fundamentals of hydraulics. The fundamentals were identified, defined and described in a non-technical manner. Additionally, the importance of the hydraulic fundamentals was briefly discussed. The scope of the lab was confined to a list of hydraulic fundamentals which included hydraulic head, the ...
Value Chain
The objective of analyzing Monster’s value chain is to make a product that will become popular to its customers, which includes not only the production segment but also marketing and distribution (Horngren and Data, 2015). This is because products will eventually need to be discontinued due to changing customer preferences and product innovation from competitors. This means that the company’s core operations and its products must continuously evolve and this could be done using the value chain analysis tool. For an energy drink company like Monster, one of its main goals is to continuously adapt to the ...
Video and Computer Games Industry
Organizations rely on environmental scanning to carefully monitor their internal and external environments with the aim of detecting opportunities and threats that may have a bearing on their current and future plans. Changes in technology have contributed to increased dynamics in the video and computer games industry, and companies have been forced to transform and adapt to stay competitive. Enterprises focusing on the retailing of DVD/CD/Computer games have been affected by the advent of competition especially from companies utilizing digital platforms to provide video and computer games to their clients (Grüsser et al., 291). There has been the ...
Does the Dominance of the Big Four Supermarkets Hinder and Damage Competition and What is in the Best Interest of the Consumer?
Introduction
Competition is the best way of ensuring the interest of market stakeholders (Stucke, 2013). Competition in the UK grocery sector has become an issue with the big four supermarkets controlling around 71.7 percent of the market. As of the end of 2015, the individual market shares of the big four supermarkets are 27.9 percent for Tesco, 16.6 percent for J Sainsbury’s, 16.4 percent for Asda, and 10.8 percent for Morrisons (Kantar World Panel, 2016). The UK ...
1.) CLIMATE CHANGE
I. Notes on the Situation
According to the National Aeronautics and Space Administration (NASA) climate change refers to changes in the Earth’s climate that have occurred over the course of its existence. Change to the climate occur as a result of “very small variations in the Earth’s orbit that change the amount of solar energy” that reach the surface (NASA). A slight change in that energy can, for instance, result in the beginning or end of a period of extreme temperatures such as the ice age.
Over the last three hundred years, and especially ...
Introduction
The strategy is the purpose and direction an organization takes to get to its future and achieve long-term goals. It involves motivating trustees in the organization to engage meaningfully with the external environment. The organization, thus, matches its diverse capabilities with the needs of the stakeholders. An organization and in this case the MacDonald has a strategy that determines how the business relates to the outside world. It also determines how the organization will take every opportunity to innovate, improvise as well as make improvements. MacDonald should have a strategy that concentrates on priorities, making sure that the organization’ ...
Executive Summary
Storage, scalability, accessibility and security have always been the key problems faced by technology officers across industries ever since their operations have been made to run on enterprise platforms. With the progress made in the area of information and communication technology along with the development and popularity of social media and other data sources, the volume of data generated is huge, which every organization wants to exploit in order to arrive at meaningful intelligence that can help in growing their businesses. Storage of this huge amount of data, its retrieval and the associated costs are challenges for the organizations, ...
18252864
Overview
1-Private sector: local business (Gym)
2-Public sector: provided by the government (Park)
3-Voluntary sector: Funded by public community (RSL)
Introduction
This case study report will illustrate three activates that I have tried since the start of the unit course of introduction to leisure and recreation theory. The first activity I took part of is going to the gym near my local area. Gym facility is considered as a private sector that has been set for the community in some certain local areas. Secondly, I do some soccer training at a local park close to my home. The local ...
Introduction
Time warner Cable Company is a telecommunication company located at the Time Warner center in the United States in the city of New York. Time Warner company deals with the televisions networks, films and entertainment. It is the third largest telecommunications company in the world. The company was established in the year 1990. It was started by forming a merger between two companies in the United States of America. This companies comprised of Time Inc. and the Warner communications. The company mainly operates in film production and television. The company has a limited publishing operations in the United States ...
(Author Name)
(Course Name/Number)
Whether aware of it or not, we are constantly comparing ourselves to other people. These comparisons show themselves in many forms, depending on each individual’s concept of self. Often, we aren’t even aware that we’re comparing ourselves to others, but these comparisons help shape our personal perspectives, including what roles we play in society, how we value others, and how those same perspectives dictate the value we place on ourselves. The theory of social comparison analyzes three types of social comparison; upwards, downwards, and sideways. All of these comparisons can be acted ...
Introduction
Every individual has a distinct story of how their journey towards their chosen careers began. Doctors will say they have always had the desire to help people since they were little kids. Lawyers, judges, and other law enforcers will argue that they are focused on making the society a better place using justice and equality. This essay entails a description of the choice of entrepreneurship as my career path. Some business persons are propelled by the intense passion for solving challenges and change the surrounding. Others are driven by capitalistic aspirations while others simply do not have any other ...
Signal filtering is one of the most fundamental practices in signal processing. The filters are widely incorporated in the signal processing circuits due to their indomitable role in data acquisition and also to get rid of all the unnecessary signals and frequencies which interfere with the quality of the main signal. These unwanted signals are commonly referred to as noises. Once the signal has been filtered, they are then processed as either analog or digital depending on the signals application. Some signals are however weak and thus require an amplification circuit so that the filtering circuits can be consistent.
...
Individual Project II: Product Costing
The product upon which this project is designed is a beaver hat. Beaver hats have had a long and checkered history as fashion items for the members of the highest social classes as early as the seventeenth century (Jim & Clay, 2016). This was a common fashion item for the Europeans and Americans. The beaver skin was used for making hats for the social elite because it several properties that include a warmth exterior, luxurious fur, and the fact that the fur was very durable (Jim & Clay, 2016).
The animal fur also enjoyed the preference of felt makers because the ...
Executive Summary
It is vital to implement effective leadership that can enhance innovation and creativity within a company. This evaluation assesses the participation of leadership in enhancing positive organizational change. It presents arguments that leaders are the baseline of implementation and development of innovation and creativity. The development of tactical models equips an organization with the models to counter such factors as volatility, uncertainty, complexity and ambiguity. The abilities to cope or survive through these challenges inform about the credibility of the firm. It can survive many other aspects using its business model when profits are flowing effectively in the business ...
Project Plan for Elaine's Catering
Elaine’s Catering kitchen renovation project will be carried out in three phases and several other sub-phases under the main phases. The division of the project in phases is to ensure that everything is done in the order in which it is supposed to be done and that there is no wastage of resources.
Planning and Designing
The first phase of this project will involve planning and design of the kitchen. It is in this phase that the materials that are required for the project will be identified. Any changes in the design of the kitchen will also be made in this ...
Abstract
Montreal is concentrating on making the city appealing to the general public and by extension the entire globe. Considering the possibility of wider and heated sidewalks alongside fewer cars and more trees, Montreal has decided to launch the future of Saint Catherine Street. The street being the most important in the city requires innovation, flexibility and audacity in an effort to offer a description of the dynamic and greener look on the streets. The street is the largest and this means it requires more attention than any other street in the country. There is a dire need for infrastructure ...
Effectiveness of health promotion methods designed to change lifestyle behavior and improve health and wellbeing in patients with mental health problems
INTRODUCTION
Health promotion is an art of medical science dealing with the study of biological, environmental, psychological, physical and mental research. To reduce premature death, giving the patients information on how to control and change their physiological activities such as the use of safety belts in cars and avoidance of substance abuse such as excessive alcohol. It is managed by a government agency such as Public Health Agency of Canada (PHAC).
Health promotion plays a significant role in individuals ...
Report on Arsenic-Free Water Filters
Introduction
Arsenic concentration in water varies depending on the source. This report is based on the discussion of the measures of reducing the levels of arsenic in the tube-well water. In this case, three criterions are selected for the study. Each of the methods chosen will enumerate its merits and demerits that suit the application.
Problem
Arsenic is semi-metal element found in the periodic table. It is an odorless, tasteless element that occurs naturally in water, rocks and soils, air, plants and animals.
Arsenic poisoning from various water sources such as well present a significant problem across the globe. The ...
Affiliate institution
Traditional responses of corporate strategy, hierarchical structures and control systems are among the major factors that inhibit the flexibility of a company, its ability to take up new opportunities and thrive in the ever changing external relationships. Mainly, these factors are caused by organizational similarity. Organizations need to be legitimate. Most of their behavioral and structural aspects are targeted towards environmental acceptance rather than internal organization similarity. Hence, most organizations tend to be similar, adopting traditional business practices. The success of companies is mainly determined by their flexibility to changing needs, new opportunities and the ability to create new ...
MANAGEMENT ACCOUNTING – COST CLASSIFICATION, VARIANCE ANALYSIS AND BUDGET PREPARATION
Executive Summary 4
1. Management Accounting, its Importance and Comparison to Financial Accounting 5
Management Accounting versus Financial Accounting 5
2. Different Classifications of Costs (Types, Behaviour, Function and Relevance) with Examples 6
a. Cost Classification by Behaviour 6
Semi-Variable Costs 7
Variable Costs 7
b. Cost Classification by Function 7
c. Cost Classification by Relevance 8
3. Variance Analysis Commonly Derived Variances, Problems and Limitations 9
a. Commonly Derived Variances 9
Material Cost Variance 10
Labour Cost Variance 10
Overhead Variance 10
Controllable Variance 10
b. Problems and Limitations of Variance Analysis 11
4. Different Operational Budgets and their Advantages 11
a. Master Budget 11
b. Operating Budget ...
Debtors filling system will be the responsibility of the accounts clerk and is prepared when the business is preparing and updated on a weekly basis. The records are prepared and recorded in the debtors’ accounts. The debtors’ accounts may either be debtors’ receivables or the debtors’ payments accounts and this is determined by the payment method of the debtors. The accounts are usually reviewed either on quarterly basis or annually depending on the volume of work carried out by a business. They may also be reviewed when an audit is being carried out and this has no specific time, since it ...
Part Four – Anthropology.
1. Man’s Creation.
a. Preliminary Considerations.
i. The fundamental difference between humans and angels, as Shedd states, is that “God created man male and female.” This implies that man is “incomplete if in isolation from one another.” However, angels are “sexless” which means that although they have been created with “reasonable and immortal souls” like man, they are not man or woman and are therefore, infinitely more complete than man.
1. This means that we must live at one with our alter-gender counterparts and consider each other equally as important. We are only whole humans ...
1. Abstract
The proposal aims at to giving a solution to the problem of low power output by designing a power generation system that maximizes power output by mounting the turbine on a D.C generator with a suitable coupling. This generator is then connected to the water pipe. The turbine is designed to generate electricity by converting kinetic energy from water flows to electric energy. The use of this technology proves sustainable as it works under minimum maintenance. In this proposal is included the conceptual approach, results ad conclusions arrived at validating the significance of conducting this research. In include but not limited to the ...