ASSIGNMENT BRIEF Introduction This unit will give learners a foundation in financial principles and techniques relevant to the strategic management process. It encourages learners to explore the nature of cost-based financial data and information‚ the impact of the budgeting process on the organisation‚ and the development of cost reduction and management procedures and processes. It also focuses on the management of these costs through the use of forecasting‚ appraisal and financial reporting
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Managing Through Change Presented by the UC Davis Academic and Staff Assistance Program (ASAP) Manager’s Manual Edited By: Rory Osborne‚ Ph.D. Rob Wennerberg‚ M.A. Adapted For: The University of California at Davis Academic and Staff Assistance Program 112 A. Street Davis‚ CA 95616 2 Table of Contents Introduction ....................................................................................................................... 4 Guidelines to Managing Change ...........
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MANAGING FINANCIAL PRINCIPLES AND TECHNIQUES TABLE OF CONTENTS INTRODUCTION………………………………………………………………………………………….. COST CONCEPTS TO THE DECISION MAKING PROCESS………………………………………. FORECASTING TECHNIQUES TO OBTAIN INFORMATION FOR DECISION MAKING……….. BUDGETARY PROCESS………………………………………………………………………………… COST REDUCTION AND MANAGEMENT PROCESS…………………………………………….. FINANCIAL APPRAISAL TECHNIQUES TO MAKE STRATEGIC INVESTMENT DECISIONS… INTERPRETING FINANCIAL STATEMENTS FOR PLANNING AND DECISION MAKING………
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Managing Financial Principles and Techniques Assignment 2 Part 1: Financial Appraisal techniques Part 2: Forecasting Part 1-Financial Appraisal Techniques Task 1. NET PRESENT VALUE (NPV) Year PROJECT X £000 Project Y £ 000 Discount Factor X Y 0 -200 -200 -200 -200 1 35 218 0.909 31.815 198.162 2 80 10 0.826 66.08 8.26 3 90 10 0.751 67.59 7.51 4 75 4 0.683 51.225 2.732 5 20 3 0.621 12.42 1.863 229 219 1)NET PRESENT VALUE (NPV) X= 229-200=29 Y=219-200=19 PAYBACK
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Daniel LeBlanc Managing Organizational Change BUS600 Management Communication with Tech Tools Professor Emmanuel Lewis November 16‚ 2009 Organizational change is any action or set of actions resulting in a shift in direction or process that affects the way an organization works. Change can be deliberate and planned by leaders within the organization (i.e.‚ migrating from legacy technology to new improved Internet Protocol infrastructure)‚ or change can originate outside the organization
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Review of Resources………………………………………………………5 4. Change Drivers…………………………………………………………………….5 5.2 External and Internal Driver…………………………………………………...5 5. Purpose of Change Intervention……………………………………………………7 6. Change Perspectives……………………………………………………………….7 7.3 System Perspectives……………………………………………………………7 7.4 Resources Perspectives………………………………………………………...8 7.5 Contingency Perspectives……………………………………………………...9 7. Change Strategy……………………………………………………………………9 8.6 Models…………………………………………………………………………
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reduce resistance to change 1. Using Lewin’s Change Model‚ successful unfreezing can set the stage for change to take place. <INSERT CONTEXT: why is the change needed?> By understanding the need to change‚ employees become dissatisfied with current practices‚ hence motivated to change. The organization must always create the motivation to change. This creates favourable predisposition towards change‚ reducing resistance. 2. From Kotter’s six strategies to overcome resistance to change
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saw a change in management responsibilities with certain aspects of it being handed over to Babcock Navel Services (BNS) in 2002 by the Ministry of Defence (MOD) in a bid to reduce the cost‚ improve operational effectiveness and service standards. To ensure a smooth transition it was necessary to adopt a suitable change management strategy with the help of various levers for change by John Howie. 1.0 Extensive study and analysis on the case reveals that the type of change that took
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MANAGING FINANCIAL PRINCIPLES AND TECHNIQUES DESCRIPTION OF THESIS: This thesis is the first of two that provide learners with a foundation in financial principles and techniques relevant to the strategic management process. In this unit‚ the focus is on the management of costs through the use of forecasting‚ appraisal and financial reporting procedures. The main objective is to provide learners with the tools and confidence to apply analyze and evaluate financial information. This will enhance
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Running head: MANAGING CHANGE ETHICALLY Managing Change Ethically Argosy University Online Ethics in Business Managing change ethically has become a ubiquitous concern in organizations as they evaluate strategies to increase profit margins and remain competitive in their industry. Outsourcing and offshoring are common business methods used to manage economies. An increase in the use of outsourcing by U.S manufacturing companies in 2001 generated approximately 7.8 billion dollars in spending
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