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Business
A Review of the Internet Article "Organizational Theory: Determinants of Structure" Historically, most corporations have been formed with classical management theory in mind. Most corporations have been formed with the idea proposed by Frederick Winslow Taylor that there's only one best way to organize a company. The truth is that there is only one best way, which is Jesus. However, even in the realm of Christianity, there are many traditions, most of which are perfectly acceptable, and even edifying. The differences in Christian church traditions have to do more with culture and environment than anything else. Finer theological points and issues are actually quite irrelevant to the average church member. Most church members, especially members who have been born into a certain Christian denomination, will care more about acceptance from that body then they care about perfect theology or doctrine. This is just reality. Most church bodies eventually adopt their traditions, to a large extent, around the cultures of their participants. Race, color, nationality, family ties, amount of education, and even income level have a lot more to do with the establishment of a church's traditions than most people realize. In the article, "Organizational Theory: Determinants of Structure", the author, Stephen Borgatti, makes similar observations about current corporate structures. Mr. Borgatti, a professor at Boston College, states, "In contrast to the classical scholars, most theorists today believe that there is no one best way to organize. What is important is that there be a fit between the organization's structure, its size, its technology, and the requirements of its environment (Borgatti, Stephen P., 2001)." We therefore see, that culture and environment, and not just perfect efficiency, has a great influence on businesses as well as churches and governments. This is what Mr. Borgatti calls Contingency Theory. Mr. Borgatti states that increasing the size of a corporation will lead to increased structuring of organizations but also will bring a decrease in concentration of power. He also...
pages: 4 (words: 1027)
comments: 0
added: 02/07/2012
A Rewarding Career? You Tell Me Do you enjoy travel? Are you looking for a career that will allow you to do so? Perhaps you should think about becoming a pilot. If you do so, you'll have to think about what it takes to become a pilot, things like schooling, the demands of actually being a pilot, and what it takes to make it to the top as well along with the rewards of doing so. The first step in becoming a pilot is your schooling. Most aeronautical colleges will advise you to go to a two year school where you earn your two year associates degree in general studies. These colleges require educated people. You can't go from high school straight to piloting school. Once you've completed that you have your choice of aeronautical schools around the world. A couple of the better known schools are Embry Riddle and Spartan Aviation in Phoenix Arizona and Oklahoma City Oklahoma. Once there you will spend the next two years learning how to fly single and double engine Cessna's and earning your piloting license. It's like a much more technical drivers ed class. The work is hard but also rewarding. Now you're a pilot but the major airlines won't hire you. This is because you have to earn more flight hours. It's like any normal license, to drive a semi-truck you need more than a Class C drivers license. Most schools hire their students on as instructors after they graduate. In doing so, while helping other students learn, the pilots are earning flight hours to put towards better licenses and better planes. Once you've done your time and earned your commercial license you're ready for the commercial airliner industry. Congratulations, you're flying thirty to fifty passenger planes that have only two to three turbo-prop engines. Now...
pages: 2 (words: 549)
comments: 0
added: 01/02/2012
Executive Summary The focus of McBean-Hinton will be meeting the expectations and needs of its customers with respect to the customer purchasing pizza and complimentary products. McBean-Hinton, also DBA 1-800-LO-Pizza (.com), is a startup company with an innovative idea to market pizza (and other associated products such as salads, sandwiches, subs, wings, bread sticks, beverages, etc.). 1-800-LO-Pizza (.com) is a new interactive ordering system where consumers will be able to secure pizza and associated products at the most competitive prices. 1-800-LO-Pizza (.com) will give providers (pizza distributors and affiliate markets), who offer home delivery and carry-out services, access to a larger customer base through greater advertising and marketing by McBean-Hinton. A comparable analysis would be what FANDANGO and MOVIEFONE has done for movies, what 1-800-flowers.com has done for florist, my company with your partnership will do for pizza. The pizza industry generates between $25 and $32 billion annually, mainly because within the US alone, over 3 billion pizzas are sold each year. Pizza is said to be the number 2 fast food; it is preferred over fine foods and "sweet tooth foods". There are over 61, 000 pizzerias in the United States. In addition, there are over 31,000 franchise units in the US, roughly 83 percent offer delivery, 91 percent offer take out and 51 percent offers dine-in. While the gross margin on pizza and complimentary products is small, profitability is made up for in great volume (see the statistics above). 1-800-LO-Pizza (.com) will provide a significantly easier, more convenient, economical, and satisfying customer experience. 1-800-LO-Pizza (.com) will work to offer consumers an innovative and convenient way to purchase pizza and associated products by signing up quality pizza providers who will compete for customers. Initially, 1-800-LO-Pizza (.com) will start up as a pizza ordering service where consumers will call to place their orders (i.e.,...
pages: 2 (words: 396)
comments: 0
added: 06/27/2011
In the recent events looming over the economy: the technology stocks plummet, the possibility of engaging in a war with Iraq, and sales expectations for a not so Merry Christmas, many speculate where the economy is, and where it is headed. Are we primed for another surging growth, as we have seen prior to the stock plummet and corporate scandals or are we headed for a possible deflation? There are many indicators which provide a general incite into the current state of the economy and its expectation. The main indicators are: the gross domestic product, the unemployment rate, inflation, and consumer confidence, which plays a large role in consumer spending. The primary measure of growth is the gross domestic product (GDP). On October 31, 2002, the Commerce Department released a report stating that the gross domestic product rose to a rate of 3.1 percent in the third quarter, compared to just a 1.3 percent for the second quarter. This growth in the GDP, although an improvement from the second quarter, was lower than the expected growth rate of 3.6 percent, which was projected by many analysts. While most economists predict that there is little threat of deflation, there are many omens that would indicate otherwise. According to Morgan Stanley chief economist Stephen Roach, "the gross domestic product…grew just 0.8 percent year-over-year in the third quarter of 2002 – the lowest rate since the second quarter of 1950" (Gongloff). This fact, in addition to the slowing growth should prompt economists to keep the reality of deflation in mind in the near future. (Gross)(Gongloff) The force pushing the GDP this past quarter was a 4.2 percent growth rate in consumer spending, which accounts for more than two-thirds of the total economy. Although, many analysts do not expect this trend of spending to keep up, since...
pages: 5 (words: 1248)
comments: 0
added: 11/04/2011
BAO2204: Management Accounting. Assignment 1. Article: Ferrara, W.L, 1995, Cost/Management Accounting- The 21st century, Management Accounting (US), December, pp.30-36. The purpose of this report is to review the changes that Management accounting has undergone throughout the 20th century and how these changes will have an effect on Management Accounting in the 21st century, according to Ferrara. The article by Ferrara provides a comprehensive view as to how Management Accounting has been beneficial for organizations, which is divided into four separate areas and how it will continue to be as Management Accounting approaches the 21st century. These changes are all outlined below: The first paradigm that Ferrara outlines is Paradigm A, which consists of the turn of the 20th century until the 1940's. This was the era of the Industrial revolution plus, and was a representation of the image of an early day industrial engineering type. As a result, the costs that were involved were direct materials, direct labor, manufacturing overhead, as well as marketing and administrative costs. All of these costs were joined together in order to form a total cost per unit of output. Therefore, in many ways, the total cost per unit excluded marketing and administrative costs, which were included as a factor of desired profit. This enabled the sum of the total cost and desired profit to generate a target selling price per unit. The second paradigm focused on the period from the 1940's until the 1980's, which was the era of cost-volume profit analysis as well as direct costing, and in which it was introduced through the distinction between fixed and variable costs. Therefore, variable costs per unit were determined by engineering standards and analytic techniques, which meant that the volume of activity primarily related to fixed costs. This has also led to many variable costs becoming fixed as time has...
pages: 5 (words: 1110)
comments: 0
added: 01/16/2012
Merrill Lynch Investment Manager has several core approaches to their 30-year investment philosophy. Rigorous fundamental analysis of investment, the pursuit of quality investment and the construction of concentrated portfolios are the approaches that are responsible for the success of Merrill Lynch. Merrill Lynch Mercury's1 investment philosophies are as follows: A belief in active management Merrill Lynch Investment Managers believes in actively managing portfolio where there is an active approach to all levels of the investment process: stock selection, sectors weightings and asset and geographical allocation. Commitment to primary research The investment process is driven by research where investment managers undertake double responsibilities of fund management and extensive individual research covering markets open to international investment. Managers are also benefiting from a vast range of analysis from brokers where the management has a privileged relationship. Experience and extensive research has provided confidence to commitments to investment decision. Style flexibility In contrast with a restrictive style that might lead to under performance in times of economical change, a flexible approach is practice to accommodate economic circumstances. Thus in the long run, this flexibility allows consistency in performance over the economic cycle. Flexibility also allows investment in a wide range of stocks which are described as "growth", 'value" or "contra-cyclical" A strong team approach There is a strong emphasis on collective consensus where individual skills are factored into house views and ideas are discussed within teams. An emphasis on risk management A dedicated Performance and Risk management Team monitors all investment performance within the group. To ensure consistency and discipline, a risk control model is implemented where the level of risk in a portfolio is analysed quantitatively 2.Investment Style/Process Merrill Lynch Investment Managers' Australian Equity investment style can be characterised as a bottom-up stock picker. MLIM approach on stock picking depends on 3 factors that drive share prices: Management Quality, Business Strength and Valuation (MBV). Research. The research...
pages: 8 (words: 2001)
comments: 0
added: 01/08/2012
On September 28, 1998, Chairman of the U.S. Securities and Exchange Commission Arthur Levitt sounded the call to arms in the financial community. Levitt asked for, immediate and coordinated action… to assure credibility and transparency of financial reporting. Levitt's speech emphasized the importance of clear financial reporting to those gathered at New York University. Reporting which has bowed to the pressures and tricks of earnings management. Levitt specifically addresses five of the most popular tricks used by firms to smooth earnings. Secondly, Levitt outlines an eight part action plan to recover the integrity of financial reporting in the U.S. market place. What are the basic objectives of financial reporting? Generally accepted accounting principles provide information that identifies, measures, and communicates financial information about economic entities to reasonably knowledgeable users. Information that is a source of decision making for a wide array of users, most importantly, by investors and creditors. Investors and creditors who are responsible for effective allocation of capital in our economy. If financial reporting becomes obscure and indecipherable, society loses the benefits of effective capital allocation. Nothing illustrates the importance of transparent information better than the pre-1930's era of anything goes accounting. An era that left a chasm of misinformation in the market. A chasm that was a contributing factor to the market collapse of 1929 and the years of economic depression. An entire society suffered the repercussions of misinformation. Families, and retirees depend on the credibility of financial reporting for their futures and livelihoods. Levitt describes financial reporting as, a bond between the company and the investor which if damaged can have disastrous, long-lasting consequences. Once again, the bond is being tested. Tested by a financial community fixated on consensus earnings estimates. The pressure to achieve consensus estimates has never been so intense. The market demands consistency...
pages: 2 (words: 376)
comments: 0
added: 12/28/2011
VCE Accounting Unit 1 Starting a small business By Wendy Zhou 1. Define a small business. A small business is a usually owned by one or two owner, these owner manage and controls the business. The business usually consists of 20 or less employees. 2. What is the difference between a sole trader and a partnership? What are two advantages and two disadvantages of a sole trader and a partnership? Sole trader is a business owned by the one owner whereas a partnership is where two or more owners own the business and the share is spread among the owners. The advantages of a partnership includes a greater amount of money being used while can help them to increase the quality of services and goods. The flexibility of having one owner and therefore it gives the other owners the chance to take time off, so that he or she won't have to worry about his or her business as there are other owner helping to look after the business, also the workload is spread. Some disadvantages included unlimited liabilities, which can cause company failure. Many disagreements concerning the running of the business. The advantages of sole trader included the ability to make your own decisions and therefore giving you all the control and decision-making. This also limits the liabilities. Disadvantages includes the huge amount of responsibilities which the owner holds this enable the owner to have too much flexibility. 3. Expert PC Repairs Pty Ltd is a local small business that repairs computers. What do the letters Pty Ltd tell you about the business? What are two advantages and two disadvantages of starting your small business as a company? The letter Pty Ltd stands for Proprietary Limited, this means that the business is a private company. Starting a small business have many advantages and disadvantages. Some advantages included having full...
pages: 5 (words: 1248)
comments: 0
added: 07/23/2011
The four careers of accountants, auditors, bookkeepers, and auditing clerks are all very well respected careers that are very similar in many aspects, yet very different in others. When comparing the description of the jobs, the work activities of each, the skills required, and the career opportunities, it is easy to see how similar and different they actually are. Accountants' set up and design accounting systems and procedures, record financial transactions, and analyze and evaluate records for businesses, government, and the general public. Auditors determine whether established accounting record keeping procedures are being followed by analyzing records and inspecting and verifying journal and ledger entries. Accountants and auditors help to ensure that the Nation's firms are run more efficiently, its public records kept more accurately, and its taxes paid properly and on time. Bookkeepers prepare numerical records for reports, research, financial statements, and payroll use. Auditing clerks verify records of transactions posted by other workers. They check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes. They also correct or note errors for accountants or other workers to adjust. Bookkeepers, accountants, and auditing clerks are an organization's financial record keepers. The work activities of these four careers all deal with the records of companies and money, but each career specializes in a certain field pertaining ultimately to the same principles. Accountants design and use accounting systems and budgeting systems, prepare balance sheets and profit/loss statements, may direct the work of others performing similar duties, prepare various reports and documents such as payroll and sales tax reports, income tax returns, and personal property schedules, and examine and evaluate data relevant to the financial status of an organization. Auditors examine and evaluate data relevant to the financial status of an organization, make recommendations to management about operations and the financial...
pages: 6 (words: 1517)
comments: 0
added: 07/20/2011
General Comments about the Insurance Industry Insurance Companies generate revenues by selling insurance policies. These policies provide a known amount of revenue for an unknown amount of losses offsetting that revenue. This can make the matching principle difficult. Some of the potential losses can come years after the insurance policy was written and the premiums received. The liabilities for these future losses are estimated by actuaries and are subject to a certain amount of interpretation by management. The accounting for the premium revenues is reflected in written vs. earned premium. Various statutory requirements are based on written premium, which is the amount of premium booked in a given accounting period. Earned premium is generally used for recognizing revenues for financial reporting. As insurance policies are written on an annual basis or longer, the premiums (revenues) are spread over the duration of the policy period even if the potential liability exceeds the policy period. The future liability is estimated and booked against the earned premiums. Some costs, however are not matched against this revenue, primarily commissions paid to the insurance agent that sold the policy. This expense is fully recognized at the time the premium is booked. These effects can have both positive and negative implications. In an era of declining written premiums, revenue can actually increase and expenses should decrease because of the costs incurred at the time the policy was written. Very few insurance companies in the United States actually make a profit by selling insurance. The profit is generally made from the investment income earned investing the premiums they receive now, but do not expect to pay out until some point in the future. This paper examines the published financial information of Reliance Group Holdings and Travelers Property Casualty Corp for the fiscal year ending December 31, 1998...
pages: 10 (words: 2542)
comments: 0
added: 09/27/2011
To help you imagine what your company's accounts might look like under International Financial Reporting Standards, we have published fictitious financial statements for various types of entities to illustrate the disclosure and presentation requirements. In May 2002 the International Accounting Standards Board (IASB) published a revised Preface to International Financial Reporting Standards which defines IFRS to include standards and interpretations approved by the IASB as well as International Accounting Standards (IAS) and SIC Interpretations issued by the previous International Accounting Standards Committee. In July 2002, the Financial Reporting Council (FRC) announced that the AASB will work towards the implementation of International Accounting Standards for the financial years beginning on or after 1 January 2005. There are presently 33 IASs with the intention to leave three existing standards unrevised before 1 January 2005. Refer to CPA Australia's IFRS Snapshot for an understanding of which AASBs and IASs are subject to change under the adoption of IFRSs by 2005. CPA Australia welcomes the decision to implement IASB standards fully. Throughout this process, it is important that members are kept up-to-date on the progress of IFRS and are motivated to ensure the 2005 deadline is met. More importantly, it requires members to be proactive about their education of IFRS. It also requires members to be motivated within their own entities to start this process early and to implement a strategy to ensure business risks are mitigated. 'According to a recent survey by PricewaterhouseCoopers of more than 650 CFOs across the European Union found that almost half of those who had moved to IAS found that it took longer than expected.'...
pages: 1 (words: 267)
comments: 0
added: 02/16/2012
BAO3316 The Practicing Accountant & Technology First Assignment – Semester 2/2003 BAO3316 The Practising Accountant & Technology Background For the last 6 years, I have been employed within the WorkCover Division of a claims management company, that being Wyatt Gallagher Bassett Workers Compensation P/L (WGB). To understand my current role, some background information regarding the WorkCover industry in Victoria needs to be provided. In Victoria, the State Government controls the WorkCover scheme. The government body that oversees the WorkCover scheme is the Victorian WorkCover Authority (VWA). The administration of the system is performed by a select number of claims specialists/insurance companies who have successfully tendered for a licence from the VWA. The role of these companies is to act as agents to the VWA, this role involving answering premium queries, managing claims, collecting premium, etc. on behalf of the VWA. My Position – Premium Account Manager My role is that of a Premium Account Manager. I am one member of a team of approximately 15 people who are charged with handling WorkCover premium related matters. I work within a call centre environment, taking phone calls, responding to letters received from employers, etc. My job requires me to register WorkCover policies for new employers, explain premium calculations, review business activities for classification purposes, advise on legislative requirements associated with the Accident Compensation Act 1985, etc. Quality Control WGB is a large corporate organisation, and due to its contract with the VWA, must be viewed to be diligent on such matters as quality control. Many parallels can actually be drawn between the operations of WGB and the Professional Standards and the Code of Professional Conduct that accountants must adhere to. APS 4 – 'Quality Control' advises an accountant on desired quality controls that need to be implemented whilst conducting their work. Many of these quality controls are present in my workplace. Professional Independence – upon...
pages: 4 (words: 1075)
comments: 0
added: 01/15/2012
The Investor's Perspective The last few months have unearthed a huge number of accounting scams in the world and especially in USA. Although this is not a new phenomenon what has come as a rude shock to markets and investors is the scale and the blatancy involved in these recent scandals. Most of these cases belong to the erstwhile reputed and giant companies and the 'cooking' done by them has surely left the investor with a very bad taste in his mouth. What has certainly not helped is the fact that the numbers involved are in billions and the fall of the company so meteoric that the investor had no time to take corrective action. This note aims to provide the reader with a deeper understanding of some of the critical issues involved in this subject and the entire discussion has been presented with a clear focus on the Indian context. The key issues covered in this note are: · Spread of scams: Are the recent discoveries just small blots on a largely clean slate or is there sufficient data to suspect that the practices are more prevalent? · Methods used in these scams: Are these scams a manifestation of the loopholes present in the current accounting standards or is it a case of illegal accounting done in connivance with the auditors? · Reasons for these scams: What are the basic reasons for the occurrence of these scams? Is the market itself partly responsible for these scams? · Possible solutions: Now that these scams have surfaced, what are the various options available with the government and the regulatory authorities to protect the interest of the investor in future? Spread of scams – How deep does it go The following facts give an idea about the prevalence of such cases of: · A recent study conducted last year by Global...
pages: 6 (words: 1393)
comments: 0
added: 10/03/2011
" Section 131 of the corporations act 2001 has changed the common law in respect of pre-Registration contracts ". Explain the common law view of pre-registration contracts and then explain how section 131 has changed the common law. Then analyse and discuss the effect of section 131 and 132 in respect of the rights and obligations of promoters, companies and third parties. Your answer should make reference to the relevant cases as well as considering the legislative intention of the section. The central focus of this essay will be on the legal principle of pre-registration contracts. As the definition of pre-registration contracts ( in legal terms) suggests, they are the kind of contracts that are intentionally entered into, on the behalf of a company that is not yet registered. In pre-registration contracts, a person that enters into an agreement on the behalf of an unincorporated company, is known as a promoter. A promoter is the person who intends to or will generate profit from the formation or the financing as a company. This means that if a pre-registered company enters into a contract, the promoter is entitled to the benefits and incur personal liability from that contract. Therefore, this has led to the introduction of Section 131 of the corporations act. This provides a different and modern view of pre-registration contracts compared to its common law definition. Accordingly, this will lead to a discussion of the common law view of pre-registration contracts and the definition that is provided by Section 131. A large emphasis will also be placed on the role of promoters and companies as well as third parties that are involved in this particular area of law. Pre-registration contracts are now highly uncommon, due to the consequences involved, as this essay will reveal. According to the common law, if a company is not...
pages: 11 (words: 2910)
comments: 0
added: 02/12/2012
There are many things that motivate people and affect their behavior. In the 1940's a psychologist by the name of David I. McClelland developed a theory about human needs. This theory focused on the needs people acquired through their life experiences. It is basically an explanation of human needs that focuses on the desires for achievement, power, and affiliation that people develop as a result of their life experiences. He came up with three needs that people develop in their lifetime. The need to achieve is "the desire to do something better or more efficiently than it has ever been done before". (Certo 387) McClelland claims that some peoples needs to achieve is so strong that it is more motivating that the quest for profits. These type people set goals that are challenging, yet achievable. They assume risks, but assess them very carefully for fear of failure. People with low need for achievement generally avoid challenges, responsibilities or risks. The need for power is "the desire to maintain close, friendly personal relationships (Certo 387). These people are motivated to influence others and to assume responsibility for subordinates' behavior. They seek advancement and take on increasing responsibility that will earn them advancement. They are comfortable in competitive situations and enjoy the decision making role. The need for affiliation is "the desire to maintain close, friendly personal relationships (Certo 387). These people usually have a cooperative, team-centered managerial style. They influence subordinates to complete tasks through team efforts. McClelland believes that there is danger associated with this type manager and that they could possibly loose their effectiveness if their need for social acceptance and friendship interfere with their willingness to make managerial decisions. For managers to be effective, they need to be able to identify the presence of one of the three...
pages: 2 (words: 337)
comments: 0
added: 12/30/2011
Nonverbal communication, what we do not say, can cause as many problems as what we do say in everyday life. We are often quite aware of the effects of our words because we can see the expression or hear the response. The effects of what is not said may be much more restrained, but they are critical to our success or failure in an organization. You may have observed many Asians, whether they are relatively new immigrants or well-assimilated Asian Americans, still display many of the delicate nonverbal communication signals carried over from their childhood. In many Asian cultures, for example, it is ill mannered to look someone in the eye for too long, especially a person you have just met or you consider being in a superior position. In the American culture, however, not looking someone in the eye while addressing a person is considered rude or disrespectful. I dealt with this situation after moving to United States in the first few years, and while I was a good performer at work, when placed in situations of face-to-face confrontation, I tended to look directly at my superior very briefly before averting my gaze. It made my boss wonder at APAC Telecommunications Services, if something was wrong with him or his management style. My failure to make eye contact was also adversely affecting the way I was coming across to my peers. I was practicing what I felt was the polite way to respect my superior, and my boss was misconstruing my behavior and concluding that I was either being dishonest or absolutely insecure. After all in American culture, if people divert their gaze when confronted with a tough question or pressing issue, the immediate tendency is to assume they are trying to mislead or hide something. Another observation I would like to make...
pages: 2 (words: 467)
comments: 0
added: 12/28/2011
INTRODUCTION Accurate and relevant cost information is critical to any organisation that hopes to maintain or improve its competitive position. For years, organizations operated under the assumption that their cost information actually reflected the costs of their products and services when, in reality, it did nothing of the kind. While hiding their shortcomings behind a cloak of precision, over-generalized cost systems were actually misleading decision makers, specially the managers, causing them to make decisions inconsistent with their organisations' needs and goals. It is the duty of managers of organisations, whether it is a small or large organisation, to make decisions about utilizing available resources, pricing products, and adding or dropping product lines. Information is the basis for these decisions. Generally the better the information the better the decision. Historically, the accounting system has been the major source of such information, and the only source of profitability information. Yet, accounting has never been able to completely focus on the task of supporting managers in their full range of decisions. As accounting has to serve external groups, such as investors, bankers, and regulators, the accuracy and validity of information provided has been compromised for the sake of uniformity and simplicity. As these compromises are significant, the allocation of costs to products may misrepresent the true performance of the firm. Specifically, overhead costs have been allocated in such a simplistic manner that initiatives taken in plants to improve competitiveness have not been captured in the accounting reports. Thus, managers may be misled, develop inappropriate strategies, and make bad decisions. However, a recent development, Activity-Based Costing (ABC), provides an opportunity for management to bring overhead allocations into line with the way a plant actually operates and to significantly improve the functioning of accounting as a decision support system for strategic moves in improving competitiveness. Activity based costing...
pages: 14 (words: 3763)
comments: 0
added: 10/23/2011
Longleat is a [description] Longleat allows visitors to come and look at the house (for a small fee), the grounds, and the safari park. It caters for and provides a service for the customers, and because of this Longleat is in the tertiary sector. A particularly substantial and impressive Stately Home, Longleat was built in the late 16th century by Sir John Thynne, and has remained in the Thynne family for more than 400 years. John Thynne started life as a simple kitchen clerk at the Tudor Court, but by 1547 he had been Knighted and the fortunes of the family have since gone from strength to strength. During the Civil War, when many grand houses were levelled because their owners supported the Royalist cause, the family remained neutral and so their magnificent home was spared. Some of the best examples of high Elizabethan architecture can be found at Longleat, in particular in the Great Hall. During this period, it would have been the centre of activity and, although a lot more serene today, its former splendour has been well maintained. With its 35ft high ceiling, supported by ten huge hammer beams, the lavish tapestries and paintings decorating the walls, and a considerable range of 'collectables', there is still plenty to keep you occupied.. Around 1600, a Minstrels` Gallery was added, and in 1663 the Small Gallery was created to honour a visit by Charles II and Queen Catherine, who stayed overnight with their entire retinue. At the beginning of the 19th century (1806-1818), the 2nd Marquess was keen to "modernize" Longleat, and create more privacy in the original Elizabethan house. He employed the fashionable architect Sir Jeffry Wyatville, who introduced a sequence of splendid corridors, as well as redesigning the North Wing and the Grand Staircase. The original staircase, a much simpler design...
pages: 3 (words: 590)
comments: 0
added: 02/07/2012
Contents DOCUMENT OVERVIEW 3 INTRODUCTION 3 PART A SYSTEM REQUIREMENTS AND ANALYSIS 3 SYSTEM REQUIREMENTS 3 PERSONNEL 4 EQUIPMENT 4 SPACE LAYOUT 4 PROCEDURES 4 ANALYSIS OF THE CURRENT SYSTEM AND PROCEDURES 5 EASY TO OPERATE 5 COST EFFECTIVE 5 MANUAL, COMPUTERISED OR BOTH 5 QUALITY CONTROL 5 FINANCE 5 PART B - PLAN OFFICE ADMINISTRATION SYSTEM 6 THE OFFICE ADMINISTRATION SYSTEM REQUIREMENTS 6 SYSTEM PURCHASE PRICE & SUPPLIER 9 SYSTEM RUNNING COSTS 10 AMOUNT OF PERSONNEL NEEDED TO RUN AND USE SYSTEM. 10 MINIMISATION OF DOWN TIME (AFTER PURCHASE SERVICE) 10 STAFF TRAINING NEEDS ERROR! BOOKMARK NOT DEFINED. PART C – IMPLEMENTING THE OFFICE ADMINISTRATION SYSTEM 10 WORK FLOW 10 FORMS 11 EQUIPMENT USE 11 PERSONNEL USE 11 SYSTEM COST 11 PART D – MONITOR THE OFFICE ADMINISTRATION SYSTEM. 11 MONITOR THE SYSTEM FOR CORRECT USAGE 11 DEAL WITH CONTINGENCIES TO ENSURE THE MINIMAL EFFECT ON USERS OF THE SYSTEM 12 MODIFY THE SYSTEM TO MEET CHANGING NEEDS IN A TIMELY WAY 12 CLEARLY DEFINED MODIFICATIONS AND TO NOTIFY THE USERS OF THE SYSTEM ABOUT THE MODIFICATIONS 12 FLOOR PLAN OF THE SOUTHERN DISTRICTS BASKETBALL ASSOCIATION OFFICE 13 BIBLIOGRAPHY 14 DOCUMENT OVERVIEW This document will report on the Administration Office System of the Southern Districts Basketball Association. The purpose is to outline the planning and establishment of the office system by studying it, analysing it, and developing a plan to improve it. Recommendations will be made on monitoring and modifying the new system, along with ways of training staff in the operation of the system within the organisation. INTRODUCTION The purpose of this report is to examine the Southern Districts Basketball Association (SDBA) current Administration Office System and its procedures. The SDBA is located in Carina. It is a 4-court basketball stadium, and is located at the Clem Jones Centre. It currently has 1700 members. An analysis will be conducted, and a need or gap in the system is to be identified in looking for a way to improve the current system. A plan will be developed...
pages: 9 (words: 2269)
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added: 02/14/2012
A Managerial Assessment Utilizing Panacucci's Critical Dozen Administrative Qualities Business in a Global Society Professor Richard Panaccuci Dan Goonin December 2nd For this assignment, the person I will be analyzing will be Bob Goonin. He is the Director/Founder of Step Up to Soccer a program which is designed to teach young children the basics of the game of soccer. I was a coach for this program in the summers of the last 3 years of my life. Bob went to Brown University for two years of college before dropping out. He is my father, and also my boss during the summer. I have known him all my life and worked for him for 3 summers. 1) Knowledge- A- (3.67) He gets an A- in the area because he has a vast knowledge of the field, he has ran this program for 11 summers, and has grown it from an idea to entertain me and my friends when we were young to a business serving over 350 daycare centers and over 2000 children. He has worked hard to become knowledgeable in this field, researching and doing actually coaching to expand his knowledge. The reason he did not get an A was because he has never played soccer seriously himself and lacks some of the technical skills, but he gets around this problem by hiring coaches like me ho have played their entire lives and sending us into the field. 2) Standards- A (4.0) He doesn't lack anything in this area, he is very clear about what is expected of a coach, and he has a set curriculum and although he doesn't expect us to run our classes directly from the book it gives us a very clear idea of the type of stuff we should be doing. Before he hires a coach he goes over all the expectations and demands...
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