CHAPTER ONE PRINCIPLES OF PERSONNEL MANAGEMENT HUMAN RESOURCE DEPARTMENT AND ITS BASIC FUNCTIONS For any organization‚ staff or men power is the most valuable asset.. In the modern age where computers and information technology have brought revolutionary changes in the progress and performance‚ human resource factor’s importance has become imperative. Many years ago large organizations had no separate department for staff matters and Personnel & Admin Department was doing the job. But recently
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sustainable world for future generations. Human rights campaign : Equality for everyone. The 3 parts of vision are as follows : 1. Core values The core values are those things which are very close to our heart that we will never give up at any cost. It can be integrity or quality etc. 2. Core purposes Core purpose is the purpose of the organisation‚ for example to make furniture. This is what we want to achieve within the framework of our core values. 3. The Big Hairy Audacious Global
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TYPES OF COSTS Introduction :-Production is the result of services rendered by various factors of production.The producer or firm has to make payments for this factor services. From the point of view of the factor inputs it is called ‘factor income’ while for the firm it is ‘factor payment’‚ or cost of inputs.Generally‚ the term cost of production refers to the ‘money expenses’ incurredin the production of a commodity. But money expenses are not the only expensesincurred on the production
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Case study: Cost of quality in order entry department Precision Systems‚ Inc. Q. 2 Flow diagram of activities Q. 3: Internal failure 1. Incomplete information on purchase order 2. Transposition of prices on purchase order 5. Freight terms missing on purchase order 10. Customer number terminated on database 8. Credit approval missing 12. Part number mismatch on purchase order External failure on the order acknowledgement Q 4 * How to identify Internal and External Failures
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Cost Management or Cost Control In broad sense‚ both the terms have the same meaning. Yet cost management seems to connote broader perspective. Cost control to an un-initiated may mean cutting down the incurrence of cost or expenditure every time or in every situation. In reality it is not always so. In many specific situations‚ many times‚ one has to spend or incur cost in order to gain or make more money. It is in fact like an investment. Cost management sounds better then. Profits Making
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Volume 3‚ No. 3‚ March 2012 Journal of Global Research in Computer Science TECHNICAL NOTE Available Online at www.jgrcs.info FAST AND EFFICIENT METHODS FOR PROFIT & LOSS RELATED PROBLEMS (FEM-PLRP) Gaurav Dobriyal* Dept. Of Computer Science‚ Dev Bhoomi Institute of Technology‚ Dehradun (U.K.)‚ INDIA dobriyal.gaurav74@gmail.com* Abstract: This is one of the important or frequent asking lessons in all written examination. In this paper I try to give some of the effective tricks to solve
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units per month. Pumps currently have the lowest gross margin among all products‚ because competitors had been reducing prices on pumps and Wilkerson adopted its prices in order to remain competitive and to maintain the volume. 2. Given some apparent problems with Wilkersons cost system‚ should executives abandon overhead assignment to products entirely by adopting a contribution margin approach in which manufacturing overhead is treated as a period expense? Our conclusion is‚ that they should not
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World Customs Journal April 2009 Volume 3‚ Number 1 ISSN: 1834-6707 (Print) 1834-6715 (Online) World Customs Journal April 2009 Volume 3‚ Number 1 International Network of Customs Universities World Customs Journal Published by the University of Canberra‚ Australia and the University of Münster‚ Germany on behalf of the International Network of Customs Universities Management Group (INCU MG Inc.‚ Australian Capital Territory reg. no. A04701). The International Network of Customs
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leadership and management team‚ the CFO currently occupies a very crucial and viable position in today’s global business society. However‚ this present level of CFO’s recognition has not always been identifiable or appreciated by non-for-profit and profit organizations. May (2001) state that “CFOs are some of the most misunderstood people on the universe. Somewhere along the way‚ they got mistaken for accountants” (p. 12). As the position of the CFO continues to evolve‚ so will the expectations
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Session 2 : Principles of Accounting and Financial Reporting - Chapter Two Quiz 1. Which of the following is a difference between financial reporting for internal service and enterprise funds? (Points : 10) Internal service funds are reported in the governmental fund financial statements. Internal service funds are reported in the proprietary fund financial statements. Internal service funds are generally
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