Business Memo The importance of budgeting I developed a spreadsheet including three budget schedules of Spiffy Shade Corporation‚ which is Production Budget‚ Direct-labor Budget‚ and Manufacturing Over-head Budget. According to the budget schedules‚ the company can plan ahead and meet the needs of demand. For example‚ form the Production Budget‚ the company can plan how many sunglasses should be produced for each month and quarter. Budget can also facilitating communication and coordination‚ and
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company is unfairly with the requirements in reporting the two pension plans. Also the company needs to determine the correct method for the two segments to be eliminated. Thus‚ the memo describes the reporting requirements for the pension plans of defined contribution‚ defined benefit‚ and other postretirement plans. The memo also discusses the process to eliminate the unwanted segments. Defined Contribution A defined contribution plan is one of the two most frequently used pension plans. “A defined
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classified it as such. Written communication method Purpose in the workplace Technical or expository writing Why the classification was chosen E-mail Information Sharing Expository Chosen because we transmit a message with the expectation of a reply Memo Bulletin Expository Chosen because it can be update employees on a specific subject. The subject is purely for informative reasons and no action is needed by the employees. Letter Formal communication Expository Chosen because it is used to inform
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Memo Our new product line‚ “Chap-Off”‚ have total costs of $7.00 per box if we plan to produce it internally. This total cost per unit consists of $3.60 for direct material‚ $2.00 for direct labor‚ and $1.40 for manufacturing overhead. Moreover‚ a $90‚000 charge for fixed manufacturing overhead will be absorbed by the product under the company’s absorption costing system. However‚ if we decided to purchase the tube from the supplier at $1.35 per box of 24 tubes then the direct labor and variable
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Memorandum Date: July 8‚ 2014 To: CEO‚ Canadian Wood Toys Inc. From: Scott Culley‚ CAE RE: Organizational Risks & Mitigation Methods As per our discussion last week I’ve prepared this memo that outlines the risks that CWTI faces and methods of mitigation for those risks. The goal of this exercise is to have a starting point for establishing a risk management process within CWTI. Below I’ve identified risks and provided suggested methods of mitigation for each. I’d like to point out that while
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Purpose The purpose of this memo is to discuss the process of losing weight and keeping it off Discussion Losing weight and keeping it off requires dedication and discipline. Before starting the process‚ one has be ready‚ set goals‚ be mindful of what they eat‚ track consumed food or calories‚ exercise‚ have a support base and a long-term plan. When coming up with a plan‚ ensure it’s tailored to fit your individual lifestyle. Everyone’s metabolism is different‚ a plan can be affective to one person
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Case Study Memo Format Date: 3/4/2013 Subject: Employee Gambling and Productivity Case Summary The ethical decision-maker in this case‚ Dr. Quaid Jefferson‚ Division Director of Vital Statistics‚ is faced with the dilemma of allowing his employees to place bets on horses and hold office pools in the face of decreased productivity. On top of that‚ he participates in an annual football pool‚ which is illegal in his jurisdiction‚ while horse betting is not. The stakeholders in this decision
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| Memo To: Northwind Traders From: Geno Smith CC: Brad Preston Date: [ 8/11/2013 ] Re: Revenue Assessment Thank you for the opportunity to assess your sales data in order to provide recommendations for increasing your sales. The analysis and recommendations below are based on the data you provided‚ which covers a period from May 2004 through June 2006. The analysis below is based on this data alone. Therefore‚ our recommendations should be tempered by your knowledge of business realities and
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Self-assessment Memo Chosen leader: Oprah Winfrey Table of contents: 1.1 Self-assessment of presentation 2.1 Feedback from the group 3.1 Analysis of the presentation 3.1.2 The task 3.1.3 Nonverbal aspects 3.1.4 Verbal aspects 4.1 Personal
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Recommendation towards business planning for WBL DATE: 2nd September 2013 Key Issues: Shelby Givens‚ G.M of WBL could not get the business on track to repay the funds the board had loaned it 16 months before. In Jan 2010‚ the business profited for the 1st time in two years. But‚ now she wants to decide on a future direction for the business‚ so that the debt payment can be speedy and her job gets more interesting. She also deals with multiple external and internal challenges‚ such as‚ boosting employee morale
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