Accounting for Managers 3. BUDGETING When you have completed this section‚ you should be able to: • Explain the benefits of budgeting • Describe a budgeting process • Explain the difference fixed and flexible budget • Prepare a simple flexible budget from a fixed budget • Compute variances from budget and actual data • Prepare a cash budget • Explain the setbacks of traditional budgeting • Explain the problems of budgetary slack • Explain the impact of globalization to the budgeting process
Free Budget Budgets Cash flow
Jayanthi watte‚ Midigama‚ Ahangama. 10th December 2012. Manager Human Resources‚ Hotel Galadari‚ 64‚ Lotus Road‚ Colombo 1. Sir‚ I am a final year undergraduate in Ayurveda Medicine at the Institute of Indigenous Medicine‚ University of Colombo and have completed a special course in Ayurveda
Premium Sri Lanka Colombo Ayurveda
Career Motivation is usually examined among young or mid-career workers. The older worker is left alone. Unfortunately‚ in an environment in which the older person represents the fastest growing segment of the labor force‚ this critical resource is being frittered away. Examination of current practices suggests a large portion of older workers are persuaded by their employers’ actions that their careers are at an end. Alternatives to extend and increase this group’s Career motivation are discussed
Premium Motivation Career Employment
Leaders and Managers Before I begin to discuss about leaders and managers‚ management and leadership need to be defined. According to Jones & George‚ management is defined as “the planning‚ organizing‚ leading and controlling of human and other resources to achieve organizational goals efficiently and effectively. (cited in Jones & George‚ 2007‚ p. 5). Thus a manager plans‚ organizes‚ leads and controls the assets of an organization. As stated by the previous definition‚ leadership is a part
Premium Leadership Management
1. A lot of new managers error in selecting the right leadership style when they move into management. Why do you think this happen? Cheryl Khan is a director of catering in New York City. * She must be a responsible director. He’s applying wrong adaptation to his leadership style because she likes to gossip around with the workers or employees. This cannot happen because this can bring grapevine to her life in work. People tend to think that their manager cannot do any work because she likes
Premium Management New York City Mind
and exports continue to rise as companies expand across the global marketplace. Understanding the basic overview of the global economy underlines highly relevant managerial and business level applications that provide useful insights to modern-day managers. In general terms‚ globalization is the international integration of intercultural ideas‚ perspectives‚ products/services‚ culture‚ and technology. This has resulted in large scale interdependence between countries‚ as specialization (arguably
Premium Project management Globalization Management
Employees Motivation Outline: 1. Definition 2. Importance of Motivation 3. Types of Motivation 4. Motivation Techniques 5. Advantages of Motivation 6. Disadvantages of Motivation Definition: Employee motivation is a reflection of the level of energy‚ commitment‚ and creativity that a company’s workers bring to their jobs. Why is employee motivation important? The fact is employee motivation is directly linked to business profits‚ and the more self-motivated your
Premium Motivation
New marketing concept suggest modifying original 4P’s of the service marketing mix by adding a fifth P for "people" (Berry‚ 2000). Those entrepreneurs‚ who already realized it‚ now put a big emphasis on employees’ job satisfaction and workers motivation in order to improve service performance and increase the service productivity. Researchers from Harvard University have developed a concept or the Service- profit chain‚ which links are as follows: profit is mainly stimulated by customer loyalty;
Premium Motivation Maslow's hierarchy of needs
patient/customer satisfaction through various initiatives. It demands for the availability of newer diagnostics‚ treatment procedures‚ equity‚ accountability‚ and many others. Motivation can be defined as the processes that account for an individual’s intensity‚ direction and persistence of effort toward attaining a goal. In most cases motivation stems from a need which must be fulfilled‚ and this in turn leads to a specific behavior. Fulfillment of needs results in some type of reward‚ which can be either intrinsic
Premium Motivation Maslow's hierarchy of needs
Title: “The Level of Motivation and the Teaching Competency of High School Teachers in Laguna College of Business and Arts‚ A.Y. 2012-2013. CHAPTER I INTRODUCTION Profession is a calling requiring specialized knowledge and often long and intensive preparation including instruction in skills and methods as well as in the scientific‚ historical or scholarly principles underlying such skills and methods. A person who has a profession can be called a professional. It has different types of
Premium Motivation Maslow's hierarchy of needs