Organization’s Structure

can an organization’s structure is changed quickly? The answer is surely a no. The organization has been operating with a specific structure for years. Not just that, even the internal employees are used to working and functioning in such a work culture. Hence, to change is surely possible but to change it quickly might not be possible. The change in the structure has to be made in the most transparent manner. Earlier organizations used to operate on a strict top-to – down hierarchical model which had a specific chain of command to be addressed. But with the influx of technology …

The Incorporation process

Outline the incorporation process and describe the basic corporate structure Incorporation implies the legal process that is used in order to form a corporate entity or an organization, enterprise or a company. It gives a separate legal entity to the company which is recognized under the law. One can denote incorporated companies with terms like Inc or Limited along with their names. For a public limited company a group of at least 7 individuals are required to form the company whereas in the case of private company it takes only two individuals. Let’s analyse the steps involved in the incorporation …

Operations Control

How are the four areas of operations control interrelated? Every business is broken down into several manageable parts so that multiple business functions can be conducted in a seamless manner. Operation management also is one of the most important aspects of management. It is that business function that is responsible for managing the process of creation goods and services. It involves planning, organizing, coordinating and controlling the resources that are needed to produce a company’s goods and services. It surely is a strategic management function that includes management of equipment, technology and people to achieve the targeted production of goods …

Expatriate Managers

Challenges faced in training expatriate managers Some of the challenges faced by the HR in training expatriate managers are: Decoding the appropriate time for training Aiding and assisting them in ensuring that they are able to adjust to the new system in the country Understanding the pace of training which will ensure the trainee picks up the material easily A determination of facts whether the family of the expatriate has adjusted to the new culture of the country. If not then designing a structure that would help them to adjust to it soon.  Understanding and assimilating information about the progress …

MBA C604 North American Manufacturing Company

Budgeted Income Topic 1 The board of directors of North American Manufacturing Company recently approved the company’s budget and production plan for its coming fiscal year, 20X5.  Budgeted units of production equal budgeted unit sales for the company’s single product.  Using the information below, included in the budget and production plan: Compute the amount of required sales – number of units and dollars – necessary to achieve the company’s budgeted net income for its fiscal year ended (FYE) December 31, 20X5 Prepare the company’s budgeted income statement for its FYE December 31, 20X5 using the Variable Costing Method (Contribution Margin …

MBA C604 Budgeted Income

Budgeted Income Topic 1 The board of directors of North American Manufacturing Company recently approved the company’s budget and production plan for its coming fiscal year, 20X5.  Budgeted units of production equal budgeted unit sales for the company’s single product.  Using the information below, included in the budget and production plan: Compute the amount of required sales – number of units and dollars – necessary to achieve the company’s budgeted net income for its fiscal year ended (FYE) December 31, 20X5 Prepare the company’s budgeted income statement for its FYE December 31, 20X5 using the Variable Costing Method (Contribution Margin …

MBA C604 Midcourse assessment

Budgeted Income Topic 2 The board of directors of Mercury Manufacturing Company recently approved the company’s budget and production plan for its coming fiscal year (FY).  The company manufactures two products – door latches and door hinges – from a single plant that comprises four activities – machine setup, fabrication, assembly, and plant administration.  The company uses the same resources (including machinery and equipment, supervision and administrative services) to manufacture both products.  Management uses the traditional approach to allocate manufacturing overhead (MOH) costs, based on direct labor hours (DLH) incurred in its two production departments, to determine the unit cost …

MBA C604 Midcourse assessment

Budgeted Income Topics 3 and 4 A. Demonstrate your ability to explain the objective of financial reporting and to apply the definitions of financial statement elements to identify events and transactions that businesses recognize in their accounting information systems.  Limit the length of your response to a maximum of 150 words.  Spell-check and grammar-and-style-check your completed response using MS Word’s tool for this purpose, being sure to correct any matters identified by these checking tools. Situation During 20X1, Abacus Corp. received a Notice of Deficiency (NOD) from the IRS indicating the company owes a total of $5 million in additional …