In large organizations, the operations (or production) department is usually responsible for the actual transformation of inputs into finished products or services. Accounting collects, summarizes, and interprets financial information. Distribution deals with the movement, storage, and handling of inputs and outputs. Engineering develops product and service designs and production methods. Finance secures and invests the company’s capital assets. Human resources (or personnel) hires and trains […]

Breadbasket Group started off in Singapore whereas Singapore is well known for its diverse variety of food. Being a cosmopolitan country, the F&B industry have been influence by the culture of many different races and nationality and attracting foreign culinary to set up establishment, bringing with them new and interesting F&B concepts which makes Singapore a very attractive place for peoples who loves food around […]

Management information system involves the information system and the organization. MIS begins where computer science ends. Computer scientists deserve accolades for developing and delivering even more advanced forms of information technology: hardware technology; software technology; and network technology. Yet because no technology implements itself, there is more to MIS than just information technology. MIS has dimensions. The four interrelated dimensions of MIS are as follows: […]

The duties of the first ambulance team to arrive at a major accident’s scene are essential in two ways (NSW Department of Health, 2008). First, they ascertain the rate at which other resources are mobilized to save as much casualties as possible. Secondly, they are important to give the receiving healthcare institutions the maximum time possible to prepare for the wounded. As such, the duties […]

Firm’s optimum cash balance under certainty. It is extensively used and highly useful for the purpose of cash management. As per the model, cash and inventory management problems are one and the same. William J. Bamboo developed a model (The transactions Demand for Cash: An Inventory Theoretic Approach) which is usually used in Inventory management & cash management. Bamboo model of cash management trades off […]

MIS Quiz Enjoy it and hope it useful for all of you! MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 21) From your reading of the Cannondale case study, the firm implemented new information systems in order to achieve which of the main six business objectives? A) customer and supplier intimacy B) survival C) competitive advantage D) operational […]

Louis Button is one of the most valuables brand in its category which is Luxury in goods. Its products includes of leather goods, handbags, trunks, shoes, watches, jewelry and accessories. Most of people adorned with the LB monogram which designed by well known designer and easily noticeable with simple live style as the idea. Louis Button with a brand Value of $28. 4 Billions in […]

Management accounting is a field of accounting that analyzes and provides cost information to the internal management for the purposes of planning, controlling and decision making. Management accounting refers to accounting information developed for managers within an organization. CIMA (Chartered Institute of Management Accountants) defines Management accounting as “Management Accounting is the process of identification, measurement, accumulation, analysis, preparation, interpretation, and communication of information that […]

As of July 17, 2009 GSK’s Book Value was 13. 57 B, which is way lower in comparison to GSK’s market capitalization of 94. 32 B. As per financial theory, the market capitalization is based on the company’s total market value and not the book value. The book value of 13. 57 B is a figure that indicates the amount of money GSK was able […]

Organizational behavior is defined as a study aimed at revealing how individuals, people and groups are interacting. Simply saying, organizational behavior is norms and standards how employees should behave in work environment. Organizational behavior interprets people-organization relations within organization and social system as a whole. The purpose of organizational behavior is claimed to create more comfortable relations between employees and simply individuals by means of […]