A system of internal control refers to the process by which organizations maintain environments that encourage incorruptibility and deter fraudulent activities by management and employees. An organization’s components of internal control are evaluated during the planning phase of an independent financial statement audit. The results of the evaluation directly influence the auditor’s level of detailed testing. To reduce detailed testing‚ and perhaps the audit fee‚ organizations implement common features
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FACULTY OF ENGINEERING Syllabus for the M.E. Electrical (Control Systems) (w.e.f. 2008-2009) UNIVERSITY OF PUNE THE SYLLABUS IS PREPARED BY : BOS- Electrical Engineering‚ University of Pune. PEER REVIEW BY : • • • • • Prof. M.G. Unde‚ (Chairman) Dr.D.J.Doke‚ Ex-Dean FOE‚ University of Pune‚ Pune. Dr.J.G.Ghodekar‚ Ex-Dean FOE‚ Shivaji University‚ Kolhapur Shri Shantanu Dixit‚ (Expert from Industry) Prayas‚ Pune Shri. D.M.Tagare‚ (Expert from Industry) Madhav Capacitors Pvt. Ltd.‚ Pune
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Competitive Analysis Mondelez India Foods Ltd. (Cadbury) I. Product and Competitor: a) Product Overview: Mondelez India Foods Limited (formerly known as Cadbury) is a part of the Mondelez International group of companies‚ a global food company which is the world’s largest chocolatier and a spin-off from Kraft Foods. Mondelez India Foods was ranked 3rd amongst India’s most admired companies by Fortune India in 2013. Its flagship product‚ Cadbury Dairy Milk is considered to be the chocolate taste
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INFORMATION SYSTEM CONTROLS Information system controls arc methods and deviccs that attempt to ensure the accuracy‚ validity‚ and propriety of information system activities. Controls must be developed to ensure proper data entry‚ processing techniques‚ storage methods‚ and information output. Thus‚ information system controls are designed to monitor and maintain the quality and security of the input‚ processing‚ output‚ and storage activities of any information system. 1 lave you heard the phrase
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sales projections were reviewed in meetings Constant production rate policy TMC maintained a steady production rates—greater and more efficient utilization of fixed assets and labor and eased the suppler scheduling prob. Stick labors costs; JIT system relied heavily on suppler network. Allocation of automobiles to regions 4 month
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THE INTERNAL CONTROL SYSTEM The internal control system includes all the strategies‚ policies and procedures adopted or instituted by the management of an entity to assist in their objective achieving as far as practicable‚ the orderly and efficient conduct of the business and includes adherence and compliance to management policies and applicable laws and regulations; the safeguarding of assets; the prevention and detection of fraud and error‚ the accuracy‚ reliability and completeness of the accounting
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Cadbury Dairy Milk Background: Cadbury dominates the chocolate market in India with a 70% share of the market. Cadbury Dairy Milk is its largest chocolate brand which accounts fro a third of every chocolate bar consumed. The Task: In 2005 the task before Cadbury Dairy Milk was to increase its consumer franchise. The Strategy: * The task was to get the youth audience to adopt Cadbury Dairy Milk in the sweet eating or " muh meetha karna" moments * The campaign of " Jab Pappu Pass
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Organisational strategy 3 2.2 Employee control problems 4 2.2.1 Lack of directions 4 2.2.2 Lack of motivation 4 2.2.3 Personal limitations 4 2.3 Processes and output 4 3. Management Control System 5 3.1 Action controls 5 3.1.1 Preaction reviews - Audit Management Information System (AMIS) 5 3.1.2 Action accountability and Redundancy - employee/partner involvement 5 3.2 Result controls 6 3.2.1 Audit reviews 6 3.4 Personnel controls 6 3.4.1 Training and provision of resources
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competitive advantage. Current Management Controls with Evaluation and Recommendations: Early in 3M ’s history‚ chair and CEO William L. McKnight introduced a number of formal and informal controls to enable the corporation to innovate consistently and achieve its goals. The current management has continued to expand and embrace these controls‚ believing innovation to be the cornerstone of 3M ’s future. 1. 3M promoted intrapreneurship This is a very good control. 3M was the leader in intrapreneurship
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Product My product is a re-launch of Cadbury dairy milk. Cadbury dairy milk is made from real chocolate. Its ingredients include cocoa butter and there is a glass and half full cream dairy milk in every 200 grams of Cadbury dairy milk chocolate‚ Cadbury buys 65 million litres of fresh milk each year to make Cadbury dairy milk chocolate. Price Price is an important element of the marketing mix. The price charged for a chocolate bar can determine whether a consumer will buy it and the
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