Case study of ERP Topic:Compare SAP at TATA Steel and SAP at CO-OPERATIVE BULK HANDLING LTD.(CBH) Date: April 6‚ 2013 Section: K1108 Roll no: B34‚ B36‚ B40 Index: 1. Introduction 2. SAP 3. TISCO 4. Implementation of ERP at TATA Steel 4.1 Problems occurred 4.2 Solution and implementation 4.3 Benefits 5. What change has occurred after the SAP implementation at Tata steel? 6. Sap at Co- Operative Bulk Handling ltd (CBH) 6.1 Problems occurred 6.2 Solution
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Net and Gross Method of Recording Purchases Purchase Discounts It is a contra-expense account which is an offer from the supplier to the purchaser‚ to reduce the selling price if the payment is made within a certain period of time. It is subtracted from the purchases on the income statement. Sellers frequently call them sales discounts. Methods of Recording In accounting‚ gross method and net method are used to record these kinds of transactions. Net Recording Method Under the net method‚ purchase
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Costs associated with two alternatives‚ code-named Q and R‚ being considered by Lang Corporation are listed below: | | Alternative Q | Alternative R | Supplies costs | $ 64‚500 | $ 64‚500 | Power costs | $ 36‚500 | $ 21‚500 | Inspection costs | $ 11‚400 | $ 26‚300 | Assembly costs | $ 38‚600 | $ 28‚000 | | Required: | a. | Which costs are relevant and which are not relevant in the choice between these two alternatives? |
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Gross Domestic Happiness: What Is the Relationship between Money and Well-being?: Knowledge@Wharton (http://knowledge.wharton.upenn.edu/article.cfm?articleid=2675) Gross Domestic Happiness: What Is the Relationship between Money and Well-being? Published : January 19‚ 2011 in Knowledge@Wharton Most of us have seen the bumper sticker: "Anyone who says money can ’t buy happiness just doesn ’t know where to shop." It ’s an amusing sentiment‚ but it provokes an important question: What exactly
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Guns‚ Germs‚ and Steel; Diseases Disease influenced a lot of the world’s history‚ how these disease reached human‚ and how over a period of time we became mutated to these diseases. It affected a lot of wars‚ and settlements‚ such as when the new world was discovered. Most of the germs from these diseases came from domesticated animals‚ and people from the Old world. Diseases have even been the cause of wars. Around 1526 the Atahuallpa had won battles in a civil war that had left the
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international steel companies. The number of rivals in America is declining due to higher labor costs than in foreign countries. There is a very fast pace of technology in the steel industry and it seems that the company‚ that obtains the newest technology‚ flourishes. This is due to the difficulty in lower costs of steel production. Better technology is one of the only ways to decrease costs because labor is pretty much at a set cost and all that is left is the cost of iron and making the steel. If a company
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MATERIALS & METHODS – CMTM210B LECTURER: ERNEST E. ESDELLE SFTI Campus Part Time “PROPOSED OCTAGONAL STEEL ROOF” Prepared By: Farzan Mohammed – I.D 109003340 Table of Contents Introduction Page # 3 Discussion Page # 4 Standards Page # 6 Problem “Consider an octagonal steel roof with an inscribed circle of diameter 50m.The steel members must be coated to ensure durability. Choose suitable material for such a roof and indicate the joining processes
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The Diversity Profit Equation Corporate White Paper Written By: Craig B. Clayton‚ Sr. Published By The Diversity Profit Rutgers University - Paper Attached Journal – “The Diversity Factor” Equation dPE This document explains the process of calculating the impact of Diversity and Inclusion efforts on the organizations top line‚ bottom line and pipeline. It was written by Craig B. Clayton‚ Sr. one of the worlds leading experts on D&I and ROI. He holds a process patent on the Diversity
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effective in carrying out their mission. The greatest potential benefit of nonprofit groups operating like businesses is operational efficiency and less dependency on public funding. As described in the case study‚ “Blurring the Line Between Profits and Nonprofits‚” when Michael Miller became President of Portland Goodwill in the mid-1980s‚ he adopted a corporate approach to running the charity that increased total sales tenfold (Johnson‚ 2007‚ p. xxiii). By adopting business best practices
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NOT-FOR-PROFIT ORGANISATIONS 13 2 Not-for-profit organisations Key points Many not-for-profit organisations (NFPs) feel they are poorly understood by government and the general public. Pressures to be more efficient have seen overhead spending reduced at considerable detriment to effectiveness and improved resource allocation over time (allocative efficiency). The sector is diverse‚ but NFPs display some common behavioural patterns: – Whereas the behaviour of for-profit business is driven mostly
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