Premium Essay

Question3

In: Business and Management

Submitted By obayusluv
Words 2547
Pages 11
QUESTION 3:Financial performance indicators or measurement for public tertiary education institutions
In 2010 financial performance of tertiary education institutions generally improved compared to the previous year. Operating surplus clearly increased and there were slight increases in working capital and liquid assets. Net cash flow was unchanged from 2009.

Indicator Description
Key financial performance indicators for tertiary education institutions – operating surplus; liquid assets; working capital; and net cash flow.
Why This Is Important
The operating surplus of an institution provides it with the opportunity to invest or reinvest funds in further teaching, research and student learning and to provide something of a safety margin against budget variations and other untoward events. It is helpful to express the operating surplus (or deficit) as a percentage of income, to give the return on income or operating margin.

The public tertiary education sector typically produces a relatively low return on income. The level of return varies according to many institutional circumstances, including capitalisation levels, depreciation levels, the extent of plant or equipment leasing, development strategies and overall efficiency of operation. Generally, however, an operating surplus of 3% or more is regarded by the Ministry of Education as an indicator of adequate financial health.

Liquid assets, working capital, and net cash flow are also important indicators of the financial health and viability of tertiary education institutions. Liquid assets, which include the level of cash, bank deposits and readily liquefiable assets held by tertiary institutions, provides a buffer against variability in performance. Working capital ratio is defined as current assets divided by current liabilities. A ratio of less than 100% means an institution has fewer current assets…...

Similar Documents

Premium Essay

Business Studies

...thus agreeing on one person’s idea, which after all turned out to be a wrong one that led to poor performance and did not satisfy their clients. Question2 The group phenomenon that were dominant in this adverts team decision making was that the team had a group pressure that came from their leader, which led to a problem of groupthink. Through nominal group technique, the team would have developed an open discussion where all members would have shared their ideas in order to reduce sub-optimal decisions in the case. After sharing and discussing their ideas the technique would have allowed the members with the help of their team manager to vote for the best ideas. This technique would have eliminated the use of one person’s idea. Question3 In characterizing the advert team, one thing is that the group failed to perform as a team. Their leader’s character developed poor performance of the team. There was only one idea of one person of the team that the team used. This led to poor creativity and performance in the task that the team had. The behavior of the team’s leader, the communication within the group, highly affected the group’s performance. Question4 Conner’s leadership style was un-democratic leadership. As the teams leader he made the final decision without including the other members of the team in decision-making. He is a leader of a team but who also avoided participation. As a leadership consultant, I would advice the team to have a......

Words: 598 - Pages: 3

Premium Essay

Business

...Discussion Questio SCI/256 November4,2013 Dr. Moseley Discussion Question3 With health care improvement, the age structure of the human population, mostly in developed countries, skewed toward the older population. Meaning the increasing percentage of the population is nearly consist of people near retirement. Especially, if the country is supporting social services, this means an increasing load on health care, pension, and all other services for senior citizens that must be with the tax increase as well as consumer goods and services costs for qualified people of age. Age composition of a population gives us important facts that one can use. For example; if there are older people and few you fewer young people, then we need to consider the birth control policies. If there is more young people than older people, medical implicates, that the health of the elderly are not being properly address. There is a social, economic as well as a political implications, too, since there is a population of majority of young people means there is little social guidance, and less of an older generation to teach the younger generation what one really need to know and knowledge availability to run a government or a business. Also, resources like food supplies and raw materials is affected by makeup age of a population, with different group age tending to consume resources in many ways , as if the bulge of young people, that is, going to reproduce, this one main......

Words: 274 - Pages: 2

Free Essay

Procurement

...Sustainable Procurement: Question1: Short definition of sustainable procurement Sustainable procurement is a process where organization meets their needs for goods and services, works utilities (water, gas, electricity etc.) in a way that they will achieve value for money. Not only benefit to the organization but also to the public and society, the economy while the damage toward environment is minimized. Question2: why it is needed? Sustainable procurement is needed because we need to reduce the waste that we are producing. It is the long term cost effectiveness. Saving energy, reducing water consumption. Encourage reuse and recycle, to protect the environment and the biodiversity. Question3: what unique challenges do sustainable buyers face? With buyers will not know where the products they are purchasing made from as in where and what kind of materials. It is a tricky situation for the buyers, as not always the suppliers will tell them. Buyers will face the difficulties of not knowing if the product is sustainable or not and therefore may making the wrong decision. With the suppliers implementing that the products is sustainable but is this really true? Question4: which tools are available to buyers in order to help them make the best ethical buying decisions? Buyers can look at the suppliers CSR, the ISO that they have in order to have a clear view. Company that have ISO in hold mean they are following the indication of the International......

Words: 413 - Pages: 2

Premium Essay

Whole Food Marketexternal Analysis Question3 4

...Strategic management BIG CASE DISCUSSION 4 (Question 3&4 of the external analysis) I. What factors are driving industry changes, and what impacts will these changes have on competitive intensity and industry profitability? * Driving forces 1) Increasing globalization: * New markets in Canada and UK: WF has acquired Wild Oats Market in the US and Canada. - New competitors from neighbor countries like Fresh & Easy from British supermarket giant Tesco. * Products from other countries, for example: Lebanese fig jam, preserved lemons from Morocco, Indian curies, Thai rice, stuffed grape leaves from Greece, and goulash from Hungary. 2) Changes in the long-term industry growth rate: - Natural food generated $22.3 billion in sales in US in 2008, up 10% from 2007, and up 37% from 2004. - UPC-coded organic foods accounted for 49 billion in sale, 16% higher than the previous year, and up 132% since 2004. - Global sales of organic products were estimated to be $52 billion in 2008 and to have grown at the compound rate of 13% since 2004. 3) Changing societal concerns, attitudes, and lifestyles - People are more concern about health and food safety -> Consumer demand for organic products growing at double-digit rates – much larger than that of the traditional grocery products (2-3%) - Demand for value-priced: The United States now spends more than $1 billion a year to import organic food, according to the USDA, and the ratio of imported to......

Words: 1101 - Pages: 5

Premium Essay

Hampton Inn Guarantee 100 Satisfaction

...Assignment 01 Due date Unique Number 23 May 2014 887224 Question 1 Question 2 Question3 3.1 1. Face validity: it is extent to which on the surface an instrument looks like it is measuring a particular characteristic. Face validity is often useful for ensuring the cooperation of people who are participating in a research study. But because it relies entirely on subjective judgement, it is not , in and of itself, a terribly dependable indicator that an instrument is truly measuring what the researcher wants to measure. Content validity: is the extent to which a measurement instrument is a representative sample of the content area being measured. Content validity is often a consideration when a researcher wants to assess people’s achievement in some area- for instance, the knowledge students have learned during classroom instruction or the job skills workers have acquired in a training program. A measurement instrument has high content validity if its items or questions reflect the various parts of the content domain in appropriate proportions and if it requires the particular behaviours and skills that are central to that domain. Criterion validity: is the extent to which the results of an assessment instrument correlate with another, presumably related measure (the latter measure is in this case, the criterion), for example, a personality test designed to assess a person’s shyness or outgoingness has criterion validity if its scores correlate with......

Words: 427 - Pages: 2

Free Essay

Research Method

...Question3 Introduction For a firm to excel in market, searching ideas for innovation of firm’s products or services is essential. One of the ways that a firm can adopt is research approach. Marketing research enable markets to predict how consumers would react in the marketplace and understand why consumer made this purchase decision. The following is the research approaches that can use by Amway to adopt in searching ideas for innovation of firm’s products or services. Observational research Observational research helps marketers gain an in-depth understanding of the relationship between people and product by watching the consumer buying and using the products. By observing the customers, company can get information by identify consumer subconscious felling and underlying motivations. For example, Amway can assign some employees in the store to act as a customer and stand close with the customer to observe the customer’s facial expression and listen the conversation between the customers. Through the observation, Amway understand that the current customers prefer to have 3 in 1 shampoo rather than 2 in 1 shampoo which is only shampoo with conditioner. Thus, Amway can produce 3 in 1 shampoos which include shampoo, conditioner and treatment for customer. Focus group research A focus group is a group of people, normally 8 to 10 member, who are carefully selected based on a similar characteristics and brought together to discuss a same topic. For example, Amway can......

Words: 561 - Pages: 3

Free Essay

Programming Assignment 1

...String.equals(String). In the case the user did not entered the right number, you have to mentioned it and then recite the three laws of robotics, which you will have to find. Question 3: Binary and Logic (20 points) Please write your answer in the Question3.txt file. Each line is an answer to a question, if you do not know the answer leave that line blank. In other words, the first line refers to line 1 of the text file, line 2 refers to the question 2, and so on. Each question is 5 points each. a. What is 28 in binary2 ? b. What is 11010 in base 103 ? c. What does the following logical expression evaluate to? (False or False) and (True and (not False)) 1 Downvotes 2 Where will not count 28 is a base ten number 3 Where 11010 is a base two number Page 2 d. Let a and b be boolean variables. Is it possible to set values for a and b to have the following expression evaluate as False? a or (((not b) or (not b)) or (b or (not a))) What To Submit You have to submit one zip file with all your files in it to MyCourses under Assignment 1. If you do not know how to zip files, please ask any search engine or friends. Google might be your best friend with this, and a lot of different little problems as well. Question1.txt Question2.java Question3.txt Scratch URL The complete java code to run the code One line for each answer Confession.txt (optional) In this file, you can tell the TA about any issues you ran into doing this assignment. If you point out an error that you know......

Words: 1417 - Pages: 6

Premium Essay

Sis Case

...implementing this approach, it requires all members in the organisation to work as an integration to collect useful medical data from each patient. The data analyzing process can help the team to make proper decisions, improve patient’s medical intervention, and to remove the inefficient service process. The major purpose of this approach was to provide IHC’s clinical function with quality and full management accountability. In addition, IHC also adapts Deming’s plan-do-check-act (PDCA) cycle to ensure its further quality improvement. The Deming’s PDCA focuses on three aspects which are considering patients’ needs and make them satisfied, properly manage people by analyzing facts, data and other information, and show respect to people. Question3: Why don't all health case delivery organisations do it this way? It is very experience for the implantation of IT system especially like the HELP and EMR system. Also, the system maintenance and the staff training costs of these system can be very high. In particular, some organisation may consider that if they apply this approach, the organisation’s power, income and prestige may be negatively affected. Apart from that, some organisations may prefer the inefficiencies in their clinical systems as they are able to explore more on their patients by applying those systems....

Words: 447 - Pages: 2

Premium Essay

Fhe, Inc Essay

...that starts with Norman Hart part of the cross functional decision making team. The manufacturing team can provide valuable knowledge of the manufacturing processes and perhaps “red flag” parts of the process that may end up hampering productivity. Overall the team should implment a concurrent process where all functions of the marketing, engineering and operations are involved from beginning to the final stage of product launch. In the first stage, marketing has a major effort but other functions also have a role. During the product design phase, marketing reduces its effort but not to zero, while engineering has the major role. Finally, operations picks up the lead as the new product is tested and launched into the market. Question3. What can be done to better manage the work-load of the engineering services department? When a certain division of the company has a higher amount of work-load it can create a bottleneck effect. When this happens it will constrain the capacity of the entire division and an hour added to a bottleneck will add an hour of capacity to the entire factory. There are some things that can be done to help lessen the effect that it will have on the company. The first thing that could be done is to look at the schedule of each division and start eliminating the unnecessary items. When you have done that there needs to be a reevaluation of where things should be going. The technical documentation services should be moved to the technical......

Words: 1726 - Pages: 7

Free Essay

Virtual Meeting

...conference and Web conference for reducing their travel expenses so we can say that Video conference and Web conference will make business travel extinct. Question2: What is the distinction between video conferencing and telepresence? Answer: There are some distinction between video conferencing and telepresence. Videoconferencing uses low technology but telepresence uses higher technology. Videoconferencing’s performance quality is low but telepresence performance quality is very high. Videoconferencing installation cost is not much expensive but telepresence installation cost is very much expensive. Big and small both organizations use Videoconferencing but only big organization can use telepresence because of its high expense. Question3: What are the ways in which videoconferencing provides value to a business? Would you consider it smart management? Explain your answer. Answer: The ways in which videoconferencing provides value to a business is saving the cost and time. Videoconferencing can be more direct that communicating through email, letter immediately. However, if the business required a lot of customer, I would consider it smart management to utilize videoconferencing, staff training, and product demonstrations....

Words: 283 - Pages: 2

Premium Essay

Video Court Case

...Question1: Title VII of the Civil Rights Act of 1964 is applicable in this case. It is a federal law that prohibits employers from discriminating against employees on the basis of sex, race, color, national origin, and religion.  In this case, the plaintiff think she suffered discrimination due to her personal religious beliefs that she needs to wear a headscarf during the month of Ramadan, which violated her company's dress code. Question2: Disparate treatment would have to be intentional discrimination. So I do not think it is disparate treatment in this case the discrimination was not intentional. Question3: Disparate impact refers the rule or regulation is fair and applies to everybody, but hurts some groups or people more than others. This is disparate impact because in this case, the company dress code policy applies to every employee that is fair but that really hurt Muslims more than other employees because they are required to wear a headscarf during the Ramadan. Plaintiff: The dress code policy of company affects Muslims because they are required to wear a headscarf during the Ramadan. Defendant: They has a very strict company dress code policy that applies to everyone, and headscarves are not allowed to be worn because that would violate the company’s dress code policy Plaintiff: She shows other people who have religions and wear religious clothing that violated the company’s dress code policy but don't be condemned. Question4: I don't......

Words: 361 - Pages: 2

Free Essay

Finance Ethics Paper

...can’t be expected to have programs to educate students on all the issues that they face. Resources of universities are stretched. Have education programs on credit card misuse will further stretch their budget. Summary of the Arguments Balancing the argument, a university is not obliged to educate students on credit card misuse and debt management. But it does make sense for a university to educate students on credit card misuse. This is an issue that students encounter for the first time in university campus. So a university campus may be the best place to deliver this program. This will also inculcate responsible behaviours among students before it is too late for students. This may help make good citizen out of students. Question3: Does the existence of an affinity credit card create a conflict of interest for a university if and when it adopts an education program on credit card issues and debt management. Answer: Conflict of Interest A University gets generous money from a credit card company for signing affinity agreement. When a university adopts an education program to educate student on credit card misuse and debt management, such a program would have an impact on how much money a university can make through credit cards issued to the students. There is obvious conflict of interest involved. Managing Conflict of Interest If a university does not have an affinity credit card program, it is easy to argue that that a university is not obliged to......

Words: 1868 - Pages: 8

Premium Essay

Mis, It System

...management and procurement. CEO and it consultant involvement in the project steering committee and adequate training and change management . Question 2: What are the risks facing El-Alamein in implementing the ERP system? How do you evaluate the actions taken from their side to mitigate those risk factors? A. The company has identified key persons from all the functional areas who will act as change agents and take responsibility of persuading other employees of the importance of the system B. Train users to use the new system and understand how the business process will be affected. They have fostered end-user project participation by involving more employees than just senior management in the decision, analysis and implementation. Question3: What value did the IT/IS /investments add to El-Alamein? After two years of implementing various technologies ,El-Alamein has reduced investment risks, strengthened process integrations improved productivity and enhanced the efficiency of inventory handling .the establishment of el alamein has resulted in an increase in the company value by more than EGP 10 million, This is nearly five times what has been spent on IT/IS, making the return in investment of IT/IS over 500 percent...

Words: 331 - Pages: 2

Premium Essay

Networking Server 2012

...to install Windows? page appears, but it does not list any drives or partitions? Install device drivers for the drives Exercise 1.2 Installing Windows Server Migration Tools Overview In this exercise, you install the Windows Server Migration Tools, which enable you to migrate roles from an existing server to a new server running Windows Server 2012 R2. Mindset Compared to an in-place upgrade, a side-to-side migration is a more complex procedure, but usually results in a more stable server configuration. Windows Server 2012 R2 includes tools that facilitate the migration of certain roles, but before you can use them, you must deploy those tools on both the source and the destination server. Completion time 10 minutes Question3 Why can you not install the Server Migration Tools to the server running Windows Server 2008 R2 using the Add Roles and Features Wizard on your server running Windows Server 2012 R2? There are only 3 ways to add roles and features to the server in Windows Server 2008 R2, Windows Interface, Powershell, and by command line. There is no Add Roles and Features on Server 2008 R2.P Lab Challenge Accessing a WSMT Distribution Point Overview After completing Exercise 1.3, a user on SERVERC, the source server for the migration, can access the installation files for the Windows Server Migration Tools from the distribution point on the destination server, SERVERA. Mindset After creating a distribution point for the Windows Server......

Words: 554 - Pages: 3

Premium Essay

Managing Change and Innovation

...with objectives relative to poverty, women, and resources. This change that she found created a need for organizational change, as CARE was based on single national units functioning autonomously. The new mission now meant that there must be international collaboration in order to achieve the objectives set. Question 2: CARE's decentralized approach stems from the fact that the individual country officers raised their own funds and were used to being on their own, as stated in the case. They functioned autonomously as single units and did not see the bigger picture. This could be due to the fact that the organization's previous mission was a vague one that may have not been properly communicated throughout its separate divisions. Question3: As stated previously, the root of the decentralized design in CARE is the fact that the mission was vague and there was a lack of communication across borders. In order to improve collaboration, the first step would be to establish proper communication lines that go across all of the divisions, and most importantly two way communication lines. The company's new mission must then be embodied and shared throughout all of the divisions, and that will create a whole unit. Measurement of results would also improve collaboration in order to determine effectiveness. Question 4: The project "Access Africa" is an effort to implement cross country collaboration that involves micro financing small entrepreneurial investments to reduce......

Words: 292 - Pages: 2