1.0 Introduction 1.1 Authorisation and purpose This report is authorised by Dr Gregory Nash, Course Coordinator University of the Sunshine Coast, Queensland. The purpose of this report is to fulfil the report writing task for COR 109 Communication and Thought, at the University of the Sunshine Coast, Queensland, Australia. 1.2 Limitations This report is limited to the three interpersonal communication skills of listening, feedback and questioning and does not enlighten any other interpersonal communication skills.…
STRATEGIC MANAGEMENT In assessing F1, attribute b) should be given the greatest weight. a) Situational Analysis: The situational analysis is appropriate for the strategic alternatives and business issues being addressed (good quality, depth, breadth, and make sense). It includes internal and external scans, a financial assessment of the company’s current state, and other relevant qualitative information not provided in the high level SWOT in the Backgrounder (e.g. strategic goals, stakeholder preferences, constraints, other SWOT points, KSFs/competitive advantages, and ratios).…
P1. Explain how organisations use information Purpose of Information within an organisation The purpose of information within an organisation is to offer operational support; this use of information as operational support helps an establishment make decisions when operating under time restrictions, it can also be used to support and control duties. An example of this could be, for example, reminding an employee of their work deadlines or ensuring they are aware of an ideal time frame for work completion.…
1.Examine the types of decisions financial managers make. How are these decisions related to the primary objective of financial managers? There are three major decisions that financial managers have to take on a regular basis. One of them is the investments decision, the financial manager has to decide where to best invest the funds of the company. It is beneficial for the company to invest their funds to keep growing.…
With the onset of winter near in sight, like many others, I am preparing for the cold weather approaching. This preparation normally starts with ensuring our vehicles are ready for the long, harsh, and cold weather that will eventually come to this area. One of the most important items on my list would be new brake pads and shoes on all of our vehicles. What makes this a need vs. a wanted item is the fact that I want to ensure the safety of my family members and myself. In particular, having optimal functioning breaks is similar to the safe-haven of having a good home or shelter to protect you from the elements of bad weather.…
The key element, concerning Deepwater Horizon should be that it is imperative that corporation invests to understanding personal and professional bias in the workplace, that clear communication is essential to success, and that machines break, with these keys we can better understand how to help our own workplace. In unit 6 there are nineteen styles of decision-making concepts, principles, concepts, with sub-categories of components, each of them relatable to a number of situations and circumstances, these tools are here for the taking, and it would foolish for companies not to invest in social dynamics of their companies to develop a better understanding of better decision making. Some of the concepts at first are little challenging and a bit taxing but in the end the goal is the same, to aids us to bypass our personal bias and make better decisions…
Furthermore, there was the maintenance of the trend of a continual increase in the net income from the operating activities that the company had undertaken. With regard to the financial ratios, I will consider the current ratio, which is an estimate of the financial health of an organization; it measures a firm’s ability to settle its debts. It is calculated by dividing the current assets by current liabilities. For example, here are the current ratios for the Walt Disney Company for three financial…
• The second section is about company performance and there are some important indicators that measure company performance during all eight rounds such as EBIT, ROE, Equity Ratio, EPS, Market Share and TSR. We evaluate our result by comparing our outcomes with the other competitors. • The last section of this report highlight on SWOT analysis for company’s production, R&D, logistics, finance, tax, and marketing).…
Zumba Fitness Author Name University name Zumba Fitness was founded by the people who succeeded each in their field. These extraordinary people have established themselves with only their own efforts. However, it is commonly known that everyone must do his job. In this particular case, Beto had to dance, Perlman had to make business and Alberto Aghion had to solve the problems.…
After completing the decision-making style quiz, I was able to determine my highest style of decision making is an analytical style with my lowest style reflecting a behavioral style of decision-making. I agree with the feedback provided and recognize characteristics of my decision-making style across all styles, however, agree with analytical being my highest and behavioral being my lowest. A characteristic of being analytical is acquiring information by careful analysis and utilizing large amount of data. In my role as a Program Manager and being responsible for producing inventory management to my client, I have to carefully analyze the trends of our product and produce tangible data to our clients to ensure proper purchase orders are placed.…
Potential Risk Factors Danielle McClinton Auditing 640 Southern New Hampshire University Potential Risk Factors The income statement is designed to show the company’s profits and losses. A horizontal analysis will be conducted on the condensed income statement in order to recognize any significant changes in account balances. According to the Sears Holding Corporation income statement, potential areas of vulnerability are revenues, costs of sales, and gross profit. A major concern when reviewing the income statement is revenue manipulation.…
What this does is skew key ratios that rely solely on current asset totals as a factor in the…
Introduction This essay will discuss and critically evaluate Mary Parker Follett’s belief that “it was the manager’s job to help people in organisations cooperate with one another and achieve an integration of interests” (Schermerhorn, Davidson, Poole, Woods, Simon, & McBarron, 2014, p. 39) and also explore whether Frederick Taylor and Henri Fayol would agree with Follett, particularly in the management of modern day Australian organisations. Who Are Managers And What Do They Do? According to Schermerhorn et al. (2014) managers are responsible for and support the work of others.…
Upon the completion of this course I have come across topics that have interested me and increased my knowledge especially in the financial and accounting aspect. This course has introduced me to understanding the relationship between financial and accounting in making an effective strategic decision. In as much they sound alike they are different and used in different purposes, both accounts are important to the business but are used for different purposes. Financial statements are requirement for any organisation and are published at the end of a financial period for its stakeholder, shareholder and customers to see, they show reports of performance on a historic basis and what has been achieved over the years. At the time the statement is…
Qualitative and Quantitative Research In any research, there will be data. However, the decision to use qualitative or quantitative research will depend largely on the type data you are collecting and how that data will be used. Both qualitative research and quantitative research approaches have their own strengths and weaknesses.…