Budgets serve five main purposes; planning‚ facilitating communication and coordination‚ allocating resources‚ controlling profits and operations and evaluating performance and providing incentives. The budgeting process requires both technical and interpersonal leadership skills to achieve each of these purposes effectively. The director’s memo demonstrates several short comings in the budgeting process. The director instituted the “responsibility accounting system” as a means of evaluating performance
Premium Variable cost Costs Cost
LEADERSHIP‚ CREATIVE PROBLEM-SOLVING CAPACITY‚ AND CREATIVE PERFORMANCE: THE IMPORTANCE OF KNOWLEDGE SHARING ABRAHAM CARMELI‚ ROY GELBARD‚ AND R O N I R E I T E R - PA L M O N This article presents two studies that examine whether leader supportive behaviors facilitate knowledge sharing and employee creative problemsolving capacity‚ thereby enhancing creative performance. The findings from both studies indicate that leader supportive behaviors are directly and indirectly related‚ through
Premium Problem solving Educational psychology Creativity
Better Management of Ground Water Resources in India B.M.Jha‚ Chairman & S.K.Sinha‚ Scientist D Central Ground Water Board Bhujal Bhawan‚ CGO Complex‚ NH IV‚ Faridabad- 121 001‚ Haryana‚ India. e-mail: chmn-cgwb@nic.in Abstract Groundwater is the most preferred source of water in various user sectors in India on account of its near universal availability‚ dependability and low capital cost. The increasing dependence on ground water as a reliable source of water has resulted in indiscriminate extraction
Premium Aquifer Water supply Water
an OD consultant to study the problem and suggest specific changes to relationships and tasks with the following objectives: To review and improve communication systems. To restructure the organization and to review teamwork and quality practices. To review leadership issues across all levels. Mr.Tanmoy Deb carried out discussions‚ interviews and surveys and made the following observations: There’ and ‘us’ attitude was widely prevalent between head office and factory personnel
Premium Insurance Human resource management Management
Key Budget Elements to Support the Implementation of a Strategic Plan (Part III: Financial Plan) This budget is established to accomplish the underlying vision and goals driving and directing the Rapha Assisted Living. The goals and objectives determined in the three year strategic plan indicate the long and short term needs of Rapha and updates the capital facility strategies that are indispensable to the annual operating budget process. Hence‚ Rapha is relying on the sound and measured revenue
Premium Management Health care Medicine
OPERATING RETURN ON ASSETS (OROA) Year | 2007 | 2008 | 2009 | 2010 | 2011 | Public Bank Berhad | 1.96% | 2.01% | 1.84% | 2.09% | 2.08% | RHB Bank Berhad | 1.89% | 2.09% | 1.93% | 1.98% | 1.70% | Operating return on assets (OROA) ratio is measure of the return earn by a firm operations divided by total assets. The operating return on assets indicates how much will return earned by a firm operation for every RM1 of the total assets. Public Bank Berhad generated RM0.0196 of operating profit for
Premium Generally Accepted Accounting Principles Revenue Earnings before interest and taxes
Reporting Practices and Ethics Paper Mary Kaiser HCS/405 Health Care Financial Accounting July 7‚ 2014 David Albalat Reporting Practices and Ethics Paper Introduction In this paper‚ we will discuss the financial reporting aspects of accounting and what ethical standards are being met by the health care industry. Our discussion leads us to the four fundaments accounting principles‚ the generally accepted accounting principles‚ and the financial ethics of accounting and the code of ethical
Premium Health care Business ethics Ethics
The cause and effect of not keeping a personal budget Thesis Statement: Having a personal budget is a crucial factor which is effective in avoiding personal financial difficulties. It assists in tracking the resources and understanding the level of financial stability one has. It admittedly gives out a road map for financial stability for the people who are unaware of the finances‚ and are prone to spending a lot of money. Introduction: Money is an indispensable commodity for survival. Once obtained
Premium Finance Investment Economics
distributed database management systems (DBMSs). Current distributed DBMSs are not built to scale to more than tens or hundreds of sites (i.e.‚ nodes or computers). Users of grid and cloud computing expect not only almost infinite scalability‚ i.e.‚ at least to thousands of sites‚ but also that the scale is adapted automatically to meet the demand‚ whether it increases or decreases. This is a challenge to current distributed DBMSs. The purpose of this paper is to present an introduction to Distributed
Premium Database management system Client-server Database
14 July 2014 SUBJECT: Unit Substance Abuse Program Standing Operating Procedures (SOP) Purpose This Standing Operating Procedure (SOP) is a Unit specific substance abuse program for the . Drug and alcohol abuse are not compatible with military service and every effort should be made to eliminate the abuse of alcohol and other drugs within this Command through prevention and treatment. This SOP and the references listed below will be used when conducting all urinalysis collections‚ drug and
Premium Army Management Military