FUNCTIONS OF FINANCE Finance function is the most important function of a business. Finance is‚ closely‚ connected with production‚ marketing and other activities. In the absence of finance‚ all these activities come to a halt. In fact‚ only with finance‚ a business activity can be commenced‚ continued and expanded. Finance exists everywhere‚ be it production‚ marketing‚ human resource development or undertaking research activity. Understanding the universality and importance of finance‚ finance
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SUB: OPERATIONS MANAGEMENT 1. Production planning functions can be broadly identified as a) Estimating ‚ routing ‚ distribution b) Estimating‚ routing‚ scheduling c) Estimating‚ distribution‚ collection d) Distribution‚ collection‚ scheduling 2. For efficient process of order picking by personnel‚ communication plays a vital role in any Organization and the directives they need to have are ____‚ _____ and _______. a) Simple‚ clear and straight b) Straight‚ clear and easy
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1990 ’s peacekeeping operation. Case of Somalia. Peacekeeping has no one definition and has been evolving since the beginning of its existence‚ from the end of 1940’s. The end of Cold War opened up the doors for UN to take steps towards collective actions that had been handicapped for decades due to the ideological and self-interest differences of great powers. As a result‚ the number of peacekeeping operations and similar interventions increased significantly during the end of 1980’s and 1990’s
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Organization:Federal Express Federal Express is the world’s largest express transportation company‚providing fast and reliable services for important documents ‚packages‚and freight.It’s success was gave the credit to the use of Operations Research. Operations Research modeling was a way of life for Federal Express‚there were three famous Model planning system‚one is origin-destination flow model which worked out a 26-city system that make FedEx’s first success.This model and the planning
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BOOK REVIEW The Six Secrets of Change: What the Best Leaders Do to Help Their Organizations Survive and Thrive Submitted by: Mitchell Abstract Through research and initiating large-scale‚ significant change in public schools and university reform in England and Ontario as well as being involved in major change initiatives around the world‚ Michael Fullan examines what is known about successful organizational change under complex conditions by suggesting six secrets of change. This review
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Functions of Airports Authority of India * MANAGE AIRPORTS‚ CIVIL ENCLAVES AND AERONAUTICAL COMMUNICATION. * PROVIDE AIR TRAFFIC SERVICE AND MAINTAIN NAVIGATION AND GROUND AIDS. * PLAN DEVELOP‚ CONSTRUCT‚ MAINTAIN RUNWAYS ‚TAXIWAYS‚ APON ‚ TERMINAL AND ANCILLARY BUILDINGS AIR SAFETY SERVICES AND SEARCH AND RESCUE. * ARRANGING POSTAL MONEY EXCHANGE‚ INSURANCE AND TELEPHONE FACILITIES. * ESTABLISH WAREHOUSES AND CARGO COMPLEX. * ESTABLISH AND MAINTAIN HOTELS/RESTAURANTS
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1. ASSIGNMENT 2: OPERATIONS DECISION Introduction This document will briefly describe the details of a fictitious business (X-QUIZIT INC). It will show an assessment of the current environmental scan factors that are relevant to the business decision making process and the factor that will have the greatest impact on the business operations and management’s decision to continue or discontinue its operation. It will also show an evaluation of the financial performance of the company using the
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has become a leading hypermarket retailer in Taiwan. In other Asian countries (e.g.‚ Hong Kong‚ Japan and South Korea)‚ however‚ Carrefour did not have the same successful experience. It is an interesting issue why Carrefour has had a prosperous business in the marketplace of Taiwan‚ but languishing in other Asian markets. Competitive advantage established by Carrefour‚ relative to both inter- and intra- institutional competitors‚ may account for its success in Taiwan. Following the contention
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Role and Functions of Law Laws assist in many purposes in both business as well as society. The author will discuss the roles and functions of law in both business and society. This discussion will cover the different types of laws including statutes‚ common laws‚ treaties‚ ordinances‚ and executive orders. The author will also discuss the classification of those laws into criminal and civil law‚ substantive and procedural law‚ and public and private laws. There will also be a discussion
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When we want to measure and record economic value‚ we use money as the unit of account. The unit of account function of money refers to the fact that the prices of different goods are expressed in a common monetary unit. For example‚ prices in the US are expressed in dollars. An example of this function on money might be that the cost of bread is two dollars per loaf and the price of wine is six dollars per bottle. Without a common unit of account‚ we would say that a loaf of bread costs one-third bottle
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