flexible budget? A flexible budget projects budget data for various levels of activity. The flexible budget is a series of static budgets at different levels of activity. The flexible budget recognizes that the budgetary process is more useful if it is adaptable to changed operation conditions. Flexible budgets can be prepared for each of the types of budgets include in the master budget‚ so depending on your particular business you will have different budgets in your flexible budget. • What
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Responsibilities Of The Store Function Store is an organization is primarily intended to assist in the production of goods or services and no industrial unit of public undertakingof any significant size can be efficiently managed without it.The basic objective is to provide a service to the operating functionsand this aspect must be fully appreciated. All the other activities‚ althoughthey have their own importance‚ are subordinate to the main responsibility.The service rendered by Stores can be categorized
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production (the manufacturing and conveyance of only “what is needed‚ when it is needed‚ and in the amount needed)‚ and "Jidoka." (to the ability to stop production lines‚ by man or machine‚ in the event of problems such as equipment malfunction‚ quality issues‚ or late work). Underlying this management philosophy and the entire Toyota production process is the concept that "Good Thinking Means Good Product." From the systems perspective‚ the human infrastructure is a set of processes and structures within
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attained when good plans are married with effective control systems. Most organizations conduct their planning and control processes through implementation of budgetary control system. Budgetary control system is the system of using budgets as a means of planning and controlling all aspects of producing or selling commodities and services (By J.Batty) An organization will never lose direction and means of measuring performance if it will implement the
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The 16 critical infrastructure sectors identified by the Department of Homeland Security (DHS) include; Chemical‚ Commercial facilities‚ Communications‚ Critical manufacturing‚ Dams‚ Defense industrial base‚ Emergency services‚ Energy‚ Financial services‚ Food and agriculture‚ Government facilities‚ Health care and public health‚ Information technology‚ Nuclear reactors‚ nuclear materials‚ and waste‚ Transportation systems‚ and Water and wastewater systems. Technological advancement‚ increasing use
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Infrastructure Practice Building India Accelerating Infrastructure Projects August 2009 McKinsey & Company‚ Inc. 21st Floor‚ Express Towers Nariman Point Mumbai 400 021‚ India Telephone: +91 (22) 2285 5532 Fax: +91 (22) 2285 5531 4‚ Echelon Institutional Area Sector 32 Gurgaon 122001 Telephone: +91 (124) 661 1000 Fax: +91 (124) 661 1400 Design: New Media‚ Sydney Pre-production and printing: Magnum Custom Publishing‚ New Delhi The information contained in this report prepared by McKinsey
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Name: rob robs Assignment title: Infrastructure Set & assessed by: Rowland Summerlin A housing developer is considering building 30 new houses on the outskirts of a local town. Task 1 P7: Explain the implications of environmental issues and legislative constraints on this type of construction development. Implications of environmental issues: Endangered animals: As the site will need an inspection to look for any animals that could be living near or around the building site. As
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concerned with the transaction of financial resources into human purpose. Budget is refer to the spring financial statement‚ which focus on tax. There are a few principles of good budgeting that is comprehensiveness‚predictability‚ transparency and periodicity. Budgeting is effective in facility process when it forces awareness of overall fiscal constraints‚ enables the priontization of spending in the linewith policy objective. The budget objective is to aggregate fiscal disipline‚ allocative efficiency
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INFRASTRUCTURE AND RURAL DEVELOPMENT IN MALAYSIA Introduction 1. Malaysia has achieved substantial success in its rural development‚ especially in reducing the incidence of poverty in both rural and urban. In the process‚ the rural areas have been developed with infrastructures‚ utility‚ social amenities‚ health and school facilities and etc to support the economic development of the country as well as increasing the quality of life of her populace. The productivity and incomes of the rural
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Our business- selling telecommunication infrastructure to operators in 3G industry Our concern towards our business 1. should enter the Malaysian market especially Kuala Lumpur 2. expensive investment so it is possible to enter Malaysia market 3. our company future after 5 years Analysis based on Porter’s five-forces-model a) Buyers (operators) – 1. Quality of product 2. Buyers power to determine quantities they need from us to operate (We don’t have freedom to make decision
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