...I am writing this critique to provide useful information on the degree to which the American Food and Vending’s “Best Practices for Controlling Food Costs” conveyed the basic requirements for controlling food costs to its front-line operations managers. Throughout this critique, I will explain in chronological order to what extent does this program adequately cover the relevant information on controlling food costs, to what extent will the design of the program facilitate the stated objectives, and based on my analysis of the content and design- what are the key changes I would make to this program. Through my own knowledge of controlling food costs, lectures, and outside readings I will compile a practical critique that digs deep into the American Food and Vending’s program. * To what extent does this program adequately cover the relevant information on controlling food costs? * The program covers controlling food costs extensively, and does adequately cover a large range of information; however, the information seems somewhat generic and does not go into specific detail on how exactly the company specifically lowers its food costs. * To what extent will the design of the program facilitate the stated objectives? * The program highlights its objectives upfront, unpacks each step of the Eight-Step Model, and goes into detail about each objective. The design of the program allows the reader to clearly see the company’s stated objectives, and then learn...
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...local company/ organization. The students are then required to review and write a report based on their understanding regarding the differences of managerial function for both organizations. Students also have to identify new trends of principles of management that are important for managing the organization. Contents of the report: 1.0 Introduction Briefly explain the company’s background (name, history, and types of products or services, location, organization members) 2.0 Differences between international and local company FUNCTION OF MANAGEMENT INTERNATIONAL LOCAL COMPANY COMPANY a. Planning Types of planning programmed and non-programmed decisions b. Organizing Types of the organization Organizational structure/ chart Basic structural formats/ departmentalization (functional/ productservice/ geographic location/ customer classification department) Span of control (wide/ narrow) Locus of decision making (centralized/ decentralization) c. Leading leadership approach motivation approach communication approach INTRODUCTION TO MANAGEMENT (1101) Page 2 ASSIGNMENT 1, ASSIGNMENT 2, PRESENTATION d. Controlling control methods e. Findings and recommendation identify new trends of principles of management f. Conclusion Guidelines on report preparation Sequences of the report materials i. ii. iii. iv. v. vi. Title page (title, name of recipient and sender, date of submission) Acknowledgement ...
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...as the layout, contents and the copyright notes remain unchanged. Items (questions with answering options) from this document may be copied and discussed in public forums and Internet discussion groups as long as the source is correctly stated. In such case please inform the author to allow his contribution to the discussion, if necessary. Visit www.oliverlehmann.com and find many more free sample questions to prepare for the PMP exam. Feedback is welcome at oliver@oliverlehmann.com. Document version: 2.5 This prep test was written by: Oliver F. Lehmann, PMP Email: oliver@oliverlehmann.com Proof reading and editing was done by: Antje Lehmann-Benz, M.A. Email: antje@oliverlehmann.com Questions are based on: PMBOK® Guide 5th Edition PMP® Examination Content Outline Language aids: PMI offers language aids to the real exam in ten languages. A German language aid for this prep test is available for free download here. If you wish to develop a language aid in your own language, don’t hesitate to contact us and ask for support. Language aid development is a great exercise if you want to get prepared for the PMP exam. This document may be freely printed, copied and distributed for private and commercial use, as long as the layout, contents and the copyright notes remain unchanged. Please verify that you have the most up-to-date version at: www.oliverlehmann.com. 2 © 2007-2013 Oliver F. Lehmann, Munich, Germany Preface Contents Questions Answers...
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...Tiffany Seda Functions of Management October 11, 2010 Gregory J. Flick MGT/330 In order for an operational organization to run smoothly there are management concepts that need to be set forth. Planning, organizing, leading, and controlling are the four functions of management and when broken down in different areas they can be very beneficial to an organization. Each component in management is important to the structure of management and one does not work well without the other. Rane (2010), "Planning is the core area of all the functions of management” (Planning, Para. 1). If a course of action planned works correctly the achievement of a company’s goals can be realistically met. Following up on the execution of the planning function is an important part to effective management. Planning is beneficial in an organization; it allows managers to take the time to analyze the next course of action and is essential in times of companies in distress. Working in a law firm and experiencing the affect of proper planning of a case study for court beforehand can make the difference of retention of the client and settling the case. There is never to much planning that can go into a factor of an organization. Erven (n.d.), "Organizing is establishing the internal organizational structure of the organization. The focus is on division, coordination...
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...frequency of reports, purpose of reports, content of reports, and the verification processes for each method. Users of financial reporting are external, such as stockholders, creditors, and regulators. Users of managerial reporting are internal users such as officers and managers. Financial accounting produces financial statements quarterly and annually while Managerial accounting produce internal reports as often as they are needed. The purpose of the reports that are used are of a general nature for financial reporting while managerial reporting is for specific purpose as a tool for specific decisions. The content of the reports provided by each method of accounting is also different. Financial accounting pertains to the business as a whole, is highly condensed, limited to cost data and double entry accounting, and adheres to Generally Accepted Accounting Principles (GAAP). In contrast Managerial accounting pertains to subunits within the business, is very detailed in nature, extends well beyond double entry accounting to any relevant data, and the standards applied is dependent on the relevance of the decision. Lastly, the verification process for Financial Accounting is the CPA audit while Managerial accounting does not require independent audits. After you review the Feature Story in Chapter 1, explain how the management functions of both could help HP and/or Dell. The management functions are concerned with controlling costs of material, labor, and overhead as...
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...Functions of Management Managing is an ever-evolving responsibility. The way management behaves changes based on the type of business (manufacturing, health, nonprofit, professional services, etc.), the size of the business, the goals the business wants to achieve, the location of the business, and many other factors. With all of these factors, there are four functions that remain the same as foundations for management. The four functions are planning, organizing, leading, and controlling. (Rothbauer-Wanish, 2009) “Each component is important and one cannot function well without the others.” This is true in a company-wide sense. As each manager would be well-balanced with strength in each of these four functions, many companies assign the bulk of each function to different managers depending on the goals of the company. The following information examines the definitions of the four functions and how they are used in my company which is a computer consulting firm in the Midwest. Planning (Bateman & Snell – 2009)”Planning is analyzing a situation, determining the goals that will be pursued, and deciding in advance the actions needed to pursue these goals.” Within my organization, the top-level management usually is responsible for this function. Planning is more of the “big-picture” job and in turn they delegate projects based on completing this function. For example: to achieve the goals for profit for the month, the sales and recruiting staff need to place at...
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...Management Function of Coordinating / Controlling: Overview of Basic Methods © Copyright Carter McNamara, MBA, PhD, Authenticity Consulting, LLC. Adapted from the Field Guide to Leadership and Supervision. Basically, organizational coordination and control is taking a systematic approach to figuring out if you're doing what you wanted to be doing or not. It's the part of planning after you've decided what you wanted to be doing. Below are some of the major approaches to organizational control and coordination. Sections of This Topic Include Introduction - "Controlling" Getting a Bad Rap? Administrative Controls Delegation Evaluations Financial Management Performance Management Policies and Procedures Quality Control and Operations Management Risk, Safety and Liabilities Additional Perspectives on the Management Function of Coordinating Also see Related Library Topics Also See The Library's Blogs Related to the Management Function of Controlling In addition to the articles on this current page, see the following blogs which have posts related to the Management Function of Controlling. Scan down the blog's page to see various posts. Also see the section "Recent Blog Posts" in the sidebar of the blog or click on "next" near the bottom of a post in the blog. Library's Leadership Blog Library's Supervision Blog Introduction: "Control" Getting a Bad Rap? Many People Are Averse to Management "Control" New, more "organic" forms or organizations (self-organizing...
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...Procedures on the Administration of Information Disclosure of Listed Companies China Securities Regulatory Commission 01-30-2007 Order of the China Securities Regulatory Commission [2007] No. 40 The Procedures on the Administration of Information Disclosure of Listed Companies deliberated and adopted at the 196th Chairman Working Meeting of the China Securities Regulatory Commission are hereby promulgated and shall be effective as of the date of promulgation. Appendix: Procedures on the Administration of Information Disclosure of Listed Companies Chapter 1: General Provisions Article 1: These Procedures are formulated in accordance with the Company Law, the Securities Law and other laws and administrative regulations in order to regulate information disclosure of issuers, listed companies and other persons with information disclosure obligations, to strengthen the administration of information disclosure affairs and to protect the lawful rights and interests of investors. Article 2: Persons with information disclosure obligations shall disclose information truthfully, accurately, completely and timely and there shall be no falsehood, misleading representation or major omission. Persons with information disclosure obligations shall make public information disclosure to all investors at the same time. Where companies that issue and list securities and...
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...Roles and Function Demanesse Humphries HCS/325 September 17, 2012 Joan Ralph Webber Roles and Function The four major functions of management are planning, organizing, leading and controlling. Planning involves a detailed action plan to reach a goal, such as using critical and creative thinking, organization involves determining what roles everyone will have on a project, gathering resources need to do the job, leading involves communicating, motivating and inspiring others to meet the goals that are set, and controlling involves measuring performance and taking action to make sure results are favorable, it also allows all the other steps to be successful. (Donald J. Lambardi, 2007) The four functions of management are important because it allows managers at all levels to successfully accomplish goals and to manage people effectively. Managers have to first assesses or project where the organization is and how it can improve. Organizing must be done in order to determine what course of action the company will take; they also have to plan to satisfy internal and external factors that may arise. Leading involves motivating staff to maintain a positive and effective work environment, build interpersonal relationship and to solve problems. Controlling is a set of standards which maps out the plan and assigned task to help staff achieve the company’s set goals. (Pakhare, 2011) The most important role for a health care manager and leader in a diversified health care industry...
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...|SAP BW 7.0 | | |September 2010 | | |EnglishEnglish | | | |B91: CRM Service Analysis | | | | | | | | | | | | | | | | | | | | | | | | ...
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...management activities: controlling. Controlling is simply following up on the plan. This includes evaluating the results and determining how to attain better results through planning, organizing, and leading. A primary component of controlling is measuring. Whether you are measuring financial performance by comparing it against a budget, measuring quality through inspection, or measuring efficiencies by tracking certain ratios, you are measuring actual results against a target. An important part of controlling is developing these measurements. Measuring key aspects of the business is critical. Measurements must be specific enough to allow management to determine the cause for deterioration or improvement, but broad enough to be an effective indicator of the business. Measurement data must also be relatively easy to capture. Management cannot justify expense and time to gather data if it is not timely or able to be acted on. Learning how to develop a good control system to keep track of performance within your areas of responsibility is key. A good control system will allow you to remain informed about the functional areas you are accountable for, and it will allow you to develop an action plan to improve. Ultimately, effectively applying all functions of management to achieve business objectives is the true measure of success of an organization. ------------------------------------------------- ------------------------------------------------- Controlling as a Management Function ...
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...organisation, and how the management of these resources can impact on business performance. | ASSESSOR(S) | FBE/MHU | ASSIGNMENT REF: | | START DATE: | 2/12/13 | END DATE: | 15/03/14 | Task 1:P1, P2 and M2 | ScenarioYou are a manager at a local business (your selected organisation) and you have been invited to give a series of two careers talks to Year 11 students about recruitment and selection within your organisation.Your presentation should include the following:P1 * A brief introduction to the business; * A summary of the types of employment within the business; * An explanation of the recruitment process with emphasis on the purpose and contents of job descriptions. This should be supported with annotated examples of job descriptions from the selected organisation; * An explanation of the purpose and content of employment contracts. This should be supported with an annotated example of an employment contract from the selected organisation. * For evidence produce written examples P2 * A description of one specific job within the organisation. This could relate to one of the job descriptions used above;M2 * An explanation of the skills required from candidates applying for this job. This should include: * Employability skills * Personal skills * A justification of why the skills are important to the success of the organisation and the success of the job role.Consider the skills in relation to recruiting an appropriate employee and keeping...
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...CHAP TER Separating Ideas and Shaping Content Writing Paragraphs 1. PURPOSE, AUDIENCE, TONE, AND CONTENT L E A R N I N G 1. 2. 3. 4. 6 O B J E C T I V E S Identify the differences between summary, analysis, synthesis, and evaluation paragraphs Identify the content in writing paragraphs Demonstrate how audience and tone influence content Apply purpose, audience, tone, and content to a specific assignment Imagine reading a poorly written review of a movie that you would like to see this weekend. You cannot follow the characters, action, or conflict because the author of the review rambles on and on. Without clear paragraphs, this review will likely lose your interest, and you may skip the movie altogether! When you are the writer, it is helpful to position yourself as a reader. Ask yourself whether you can focus easily on each point you make. Effective writers use a single paragraph for each new idea they introduce. Paragraphs separate ideas into logical, manageable, and distinct units. Each paragraph focuses on only one main idea and presents coherent sentences to support that single point. Because all the sentences in one paragraph support the same point, a paragraph may stand on its own. Each paragraph is shaped by Purpose: the reason why the writer composes the paragraph. < Tone: the attitude the writer conveys about the paragraph’s subject. < Audience: the individual or group whom the writer intends to address. < Content: the written material in the paragraph...
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...information management. Discuss the concept of inventory management. Explain the concept of warehouse management. Describe the concept of quality management. Introduction The Overview module provides an introduction of the supply chain and logistic features in Microsoft Dynamics AX 2012. Microsoft Official Training Materials for Microsoft Dynamics® Your use of this content is subject to your current services agreement 1-1 Supply Chain Foundation in Microsoft Dynamics® AX 2012 Supply Chain Supply chain management is the management of a network of interconnected business involved in the ultimate provision of product and service package required by the end consumer. There are many processes in the supply chain. The Sales Order Processing figure displays the flow for a sales order through Microsoft Dynamics AX 2012. FIGURE 1.1 SALES ORDER PROCESSING The Purchase Order Processing figure displays the flow for a purchase order through Microsoft Dynamics AX 2012. FIGURE 1.2 PURCHASE ORDER PROCESSING 1-2 Microsoft Official Training Materials for Microsoft Dynamics® Your use of this content is subject to your current services agreement Chapter 1: Overview Product Information Management Product information management is the process of managing information about products. This information or data is required to purchase, sell, and manage the product. Product information is centrally managed in Microsoft Dynamics AX 2012. This allows for it to be...
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...Nursing Student Study Plan Student _______ ____________________________ Course ____ ______________________________ Date_______________________________ | | | | |Problem Area |Steps to Be Taken |Solutions | | | | | |1. Improvement of academic preparation |1.Creating the list of short-and long-term |1.Identifying the list of goals I want to | | |realistic goals |accomplish today, tomorrow, next month, in the | | | |future | | | | | | | |2. Deciding what study pattern worked best for me | | |2.Creating a plan for preparation ...
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