Preview

Business Strategic Administration of Operation , Information and Finance

Satisfactory Essays
Open Document
Open Document
299 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Strategic Administration of Operation , Information and Finance
Castle Nursing home senior member of the management team been asked to make a report of this project.
Performance
Answer to the Question no.01
The company operation roles
Answer to the Question no 02
Importance of the business meeting and it is relevant performance
Answer to the Question no 03
Range of impact and quality improvement techniques to improve of business and increase the competitive dealing.
Information

Answer to the question no 01
The role of information in strategic decision-making
Answer to the Question no 02
What type of information systems can be used by management and what support the offer
Answer to the Question no 03
The reason of quantitative techniques in decision- making.
Answer to the Question no 04

The use of systems approach to solve problems and make decisions.

Finance
Answer to the Question no 01

Reasons for and against cash – flow forecasting

Answer to the Question no 02
The importance of marginal costing and break- even analysis as part of the decision making process
Answer to the Question no 03
The possible implications of capital investment decisions
Answer to the Question no 04
The use of relevant investment appraisal techniques
Answer to the Question no 05

Analyse the following financial information supplied by the director for 2010 and 2011 and discuss the trend /findings.

Trading profit and loss figures | Sales | 2010 | 2011 | Sales | 6,00000 | 570,000 | Cost of sales | 440,000 | 450,000 | Gross Profit | 160,000 | 120,000 | Expenses | 105,000 | 88,000 | Net profit | 55,000 | 32,000 |

Balance sheets figures | | 2010 | 2011 | Fixed Assets | 190,000 | 120,000 | Current Assets | 300,000 | 173,500 | Stock | 140,000 | 75,000 | Current Liabilities | 131,000 | 151,000 | Working Capital | 169,000 | 22,500 | Net Current assets | 359,000 | 142,500

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Xacc 280 Week 3

    • 898 Words
    • 4 Pages

    As you can see in the Linden percentage columns they are significantly less profitable than the Industry. With the EBIT we can see that Linden is less profitable than the industry standard. Linden has a very good interest rate, because its borrowing less, in the end that could hurt them in terms of leveraging the return on equity. Look for excessive executive salaries and bonuses, lavish travel and entertainment expenses, money spent on acquiring other companies, and any other expenditures that aren’t strictly necessary to run the business.…

    • 898 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Information technology is known as "the study, design, development, application, implementation, support or management of computer-based information systems. There are many systems that an organization uses on a daily basis from Management Information Systems (MIS), to Transaction Processing Systems (TPS), to Decision Support Systems (DSS). In today’s society those systems are the vital parts of an organization’s survival. IT systems are the backbone of an organization’s operations and without them organizations fall short of providing services. They drive all of the daily tasks, store files and data, provides solutions to problems, and give competitive advantages.…

    • 712 Words
    • 3 Pages
    Good Essays
  • Best Essays

    John Lewis

    • 2057 Words
    • 9 Pages

    Ken Laudon and Jane Lauden, 2010. Management Information System. 11th ed., Dorling Kindersley (India) Pvt. Ltd., licenses of Pearson Education in South Asia.…

    • 2057 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    Netflix Information System

    • 1867 Words
    • 8 Pages

    Haag, Stephen, Maeve Cummings, Donald J. McCubbrey, Alain Pinsonneault, and Richard Donovan. Management Information Systems for the Information Age. 3rd ed. Toronto, ON: McGraw-Hill Ryerson, 2006.…

    • 1867 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Information Use

    • 777 Words
    • 4 Pages

    In today’s business environment information is the most important asset a business has, this information helps to support, maintain, develop and track its daily activities. The next logical step is implementing a system that is conducive and geared towards this goal. With the help of its information system, and its information technology department, managers, sales people, the operations department and others with access to this information have a handy tool to help them do their work on a daily basis. The structure of the information system is paramount on how accessible this information is to the people that depend upon it to complete their normal workday. The managers and IT department work closely together to agree upon and decide on an information system that will be feasible to the business itself, thus setting up a system that will be beneficial to the business itself.…

    • 777 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The management information system helps the managers with reports by giving them access to the organisations Management information systems MIS: are the computer systems in an enterprise that provides information about its business operations. The management information system is the centrally coordinated system of a computer expertise and management, The MIS is the computerized database of financial information organizes and programed to produce regular reports on operations. At ICT4Students we use MIS to give feedback on our performance and are used to monitor the company as a whole oppose to separate departments so we can check the product sale levels and the rate of refurbishment of products. The MIS helps us to measure our progress to reach our goals.…

    • 564 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Set of integrated information systems needed by the organization to carry out its business functions…

    • 3652 Words
    • 15 Pages
    Satisfactory Essays
  • Good Essays

    Management information system is the development and use of information systems that help business achieve their goals and objective (Kroenke, Bunker & Wilson 2010). Management information system is an exciting, fast-changing, turbulent field in today’s competitive world and it plays a significant role, which allows the organization to achieve their goals and strategies effectively and efficiently complying with intricate legislations as well. Most organizations management information systems make broad use of information technology. The reasons, why computerized management information systems have become well-known are confirmed in advantages of speed, accuracy and dependability and also by having a high degree of flexibility as well. On the other hand, there are some disadvantages in management information systems as every positive has its negative side as well. Where it mainly attacks innovation and intuition of decision making and the creativity could have been applied by human.…

    • 617 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    References: 1. Sumner, M. Schultheis, R. Management Information Systems: The Manager’s view, 4th ed. Tata McGraw Hill Edition, 1999.…

    • 1129 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Feature of Mis

    • 1589 Words
    • 7 Pages

    Management information systems can be used as a support to managers to provide a competitive advantage. The system must support the goals of the organization. Most organizations are structured along functional lines, and the typical systems are identified as follows:…

    • 1589 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Churchill Insurance is one of the pioneers in general insurance industry in UK. It today covers all aspects or general insurance from car to pets. Insurance industry within in the UK is one of the largest industries and is a big contributor to the total economy of UK. Moreover UK is the biggest insurance industry in Europe and is third largest in the world making insurance companies interested in this sector and this country. It has been awarded as the Best Motor Insurance Provider 2006, 2007 and many others in the last few years.…

    • 3292 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Mis in Restaurant

    • 4079 Words
    • 17 Pages

    The appropriate development and management of information technology tools is of great help to executives and management. This assists them in performing tasks related to the processing of information. MIS and business systems are especially useful in the collation of business data and the production of reports to be use as tools for decision making. IT system gives a comprehensive picture so that available data can be accessed, evaluated and utilized. It is designed to…

    • 4079 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    A. 1 A management information system (MIS) provides information that is needed to manage organizations efficiently and effectively. Management information systems involve three primary resources: people, technology, and information or decision making. Management information systems are distinct from other information systems in that they are used to analyze operational activities in the organization. Academically, the term is commonly used to refer to the group of information management methods tied to the automation or support of human decision-making, e.g. decision support systems, expert systems, and executive information systems.…

    • 11189 Words
    • 45 Pages
    Good Essays
  • Better Essays

    Assume that you are running your own business. After your MBA class you realized that you do not have a business continuity plan. Explain as to how you are going to delegate the work of preparation of business continuity plan for your business to your subordinate. Explain the main area you ask him to consider.…

    • 2129 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    money

    • 557 Words
    • 2 Pages

    A management information system (MIS) provides information that organizations require to manage themselves efficiently and effectively.[1] Management information systemsare typically computer systems used for managing. The five primary components: 1.) Hardware, 2.) Software, 3.) Data (information for decision making), 4.) Procedures (design,development and documentation), and 5.) People (individuals, groups, or organizations). Management information systems are distinct from other information systemsbecause they are used to analyze and facilitate strategic and operational activities…

    • 557 Words
    • 2 Pages
    Satisfactory Essays