Control techniques chpt 19

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WACE PRICIPLES OF MANAGEMENT LECTURES 2010

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Control techniques chpt 19

  1. 1. SEWP ZC 241: PRINCIPLES OF MANAGEMENT CONTROL TECHNIQUES & INFORMATION TECHNOLOGY
  2. 2. After studying this chapter, you should understand:: <ul><li>1. The nature of budgeting and types of budgets. </li></ul><ul><li>2. Zero-base budgeting </li></ul><ul><li>3. Nonbudgetary control devices </li></ul><ul><li>4. The nature and applications of information technology </li></ul>
  3. 3. After studying this chapter, you should understand: <ul><li>5. The importance of computers in handling information. </li></ul><ul><li>6. The challenges created by the new information technology, the Internet, other “nets,” groupware, and information security. </li></ul><ul><li>7. Developments in e-commerce, e-business, and m-commerce. </li></ul>
  4. 4. BUDGET AS A CONTROL DEVICE <ul><li>Budget: Formulation of plans for a given time in NUMERICAL terms. </li></ul><ul><li>In Financial terms </li></ul><ul><ul><li>Revenue Buget, Expense Budget, Capital Budget </li></ul></ul><ul><li>In Non Financial Terms </li></ul><ul><ul><li>Materials, sales volume, </li></ul></ul><ul><ul><li>Direct Labour Hours </li></ul></ul>
  5. 5. PITFALLS OF BUDGET AS A CONTROL DEVICE <ul><li>Controls wrong things. </li></ul><ul><li>Measures inputs, but ignores outputs like product quality, customer satisfaction. </li></ul>
  6. 6. TIME EVENT NETWORK ANALYSIS <ul><li>Shows time relationship between events. </li></ul><ul><li>Total program goals regarded as series of inter related supporting plans. </li></ul><ul><li>Picks out more critical </li></ul><ul><li>elements of plan. </li></ul>
  7. 7. TIME EVENT NETWORK ANALYSIS <ul><li>Breaks down project into controllable pieces. </li></ul><ul><li>Milestones as identifiable segments. </li></ul>
  8. 8. GANTT CHARTS
  9. 9. PERT CHARTS
  10. 10. Information Technology <ul><li>Data are the raw facts that may not be very useful until they become information , that is, after they are processed and become meaningful and understandable by the receiver </li></ul>
  11. 11. Information Technology <ul><li>Data are the raw facts that may not be very useful until they become information , that is, after they are processed and become meaningful and understandable by the receiver </li></ul>
  12. 12. This Is DATA ……..
  13. 13. Information Technology
  14. 14. This Is INFORMATION ……..
  15. 15. Information Technology
  16. 16. Information Technology
  17. 17. Information Technology
  18. 18. Information Technology <ul><li>The information system is defined as a formal system of </li></ul><ul><ul><li>gathering, </li></ul></ul><ul><ul><li>Processing </li></ul></ul><ul><ul><li>dispersing information </li></ul></ul><ul><ul><li>internal and external to the enterprise </li></ul></ul><ul><ul><li>in a timely, effective, and efficient manner </li></ul></ul>
  19. 19. Challenges Created by Information Technology <ul><li>Resistance to Computer Use </li></ul><ul><li>Speech Recognition Devices </li></ul><ul><li>Telecommuting </li></ul><ul><ul><li>Telecommuting means that a person can work at a computer terminal at home instead of commuting to work </li></ul></ul><ul><li>Computer Networks </li></ul>
  20. 20. Challenges Created by Information Technology <ul><li>Internet </li></ul><ul><li>Other Types of Networks </li></ul><ul><ul><li>intranet extranet </li></ul></ul><ul><li>Groupware </li></ul><ul><ul><li>Groupware makes it possible to collaborate with others over long distances at the same time </li></ul></ul><ul><li>Information Security </li></ul>
  21. 21. The Digital Economy, E-commerce, and M-commerce <ul><li>The Emerging Digital Economy </li></ul><ul><li>Four Kinds of Transactions </li></ul><ul><li>Business to Consumers (B2C). </li></ul><ul><li>Consumer to Business (C2B). </li></ul><ul><li>Consumer to Consumer (C2C). </li></ul><ul><li>Business to Business (B2B). </li></ul><ul><li>M-Commerce and Wireless Communication </li></ul>
  22. 22. B2C
  23. 23. C2C

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