_Cost and efficiency 7_ _Conclusion 7_ RECOMMENDATIONS 8 Extra Perspectives 8 Cause-and-Effect Relationship 8 Activity Based Costing‚ ABC-BSC 8 BIBLIOGRAPHY 9 � � LITTERATURE REVIEW INTRODUCTION The Balanced Scorecard is a strategic management tool that combines four performance perspectives‚ acquiring a broad based picture of performance (Kaplan/Norton‚ 1992). traditional financial metrics (return on investment) customer-based metrics internal-operations metrics growth and learning
Premium Balanced scorecard Strategic management
Definition of Non-Profit Organizations Associations‚ charities‚ cooperatives‚ and other voluntary organizations formed to further cultural‚ educational‚ religious‚ professional‚ or public service objectives. Non-Profit Organization startup funding is provided by their members‚ trustees‚ or others who do not expect repayment‚ and who do not share in the organization’s profits or losses which are retained or absorbed. Approved‚ incorporated‚ or registered Non-Profit Organizations are usually granted
Premium Non-profit organization Voluntary association
The mushrooming of coaching centers all over the cities big or small‚ metros or districts highlight the growing trend of students opting for coaching classes apart from the regular curriculum. Once upon a time coaching was a rare phenomenon‚ generally unheard of and only taken by those who were weak in their studies. But now it is a way of life for students‚ aggressively promoted by the teachers and too some extent by the parents also. The craze for coaching has led to opening of coaching centre
Premium Education
Management Accounting Research ‚ 1996‚ 7‚ 247 – 269 Global competition: challenges for management accounting and control Jeremy F. Dent* The success of Japanese and south-east Asian firms in world markets over recent decades is well known. Playing by ‘new’ rules‚ these firms have pursued global strategies which many Western firms have found difficult to confront. Moreover‚ the rules are continually evolving. This paper analyses some issues arising for management accounting. By way of introduction‚
Premium Management Globalization Management accounting
PROJECT 2 TITLE Assessment Centre Design for selection of HEAD PLANNING & PRODUCTION NAME OF THE ORGANISATION Micro Inks LTD. NATURE OF BUSINESS Manufacture of printing inks. Project by ANIRUDDHA PANCHAL ref : “10220409016” INDEX |Sr.No. |Particulars |Page | |1 |Profile of Head Planning and Production
Premium Customer Team performance management
The non-profit organization (NPO) is itself the employer. The board of directors (the "Board")‚ usually elected by the general meeting of the members at an annual meeting‚ is responsible for overseeing the work of the organization and its employees. While decisions on the advice to hire staff or volunteers can delegate management team‚ board members are still responsible for the overall supervision of the organization‚ and can‚ in certain circumstances‚ are legally responsible decisions during his
Premium Management Corporation Non-profit organization
profit maximization Definition A process that companies undergo to determine the best output and price levels in order to maximize its return. The company will usually adjust influential factors such as production costs‚ sale prices‚ and output levels as a way of reaching its profit goal. There are two main profit maximization methods used‚ and they are Marginal Cost-Marginal Revenue Method and Total Cost-Total Revenue Method. Profit maximization is a good thing for a company‚ but can be a bad thing
Premium Profit maximization Economics
Not for profit organization: A non profit organization (NPO) is an organization that uses surplus revenues to achieve its goals rather than distributing them as profit or dividends. While not-for-profit organizations are permitted to generate surplus revenues‚ they must be retained by the organization for its self-preservation‚ expansion‚ or plans.[3] NPOs have controlling members or a board of directors. Many have paid staffs including management‚ while others employ unpaid volunteers and even
Premium Non-profit organization
In order for a company to be able to reach its full potential financial management must be in place. This management needs to be aware of at least the basics of financial plans which are revenue‚ cost and profit. These three things can make or break a company. Each of these things must be understood and considered before plans can be laid to create or better a company. Revenue is the amount a company receives (Marginal Revenue‚ 2009). If a company is in the business of sales‚ revenue is the
Premium Marginal cost Variable cost Economics
The Chapel on the Hill and the “Labyrinth” . One ’side trip’ I had to Punta Fuego was the Chapel on the Hill in Don Bosco‚ Batulao‚ Batangas (also known as the Mary Help of Christians Center of Spirituality). It is situated on ‘top of hill’ immediately beside the entrance of Don Bosco. You can see it from the road going to Caleruega‚ about a kilometer from the entrance of Evercrest Hotel & Resort. [The Chapel on the Hill] To get there‚ take the national highway from Tagaytay City going
Premium Jesus Batangas Moses