Control techniques chpt 19

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WACE PRICIPLES OF MANAGEMENT LECTURES 2010

WACE PRICIPLES OF MANAGEMENT LECTURES 2010

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  • 1. SEWP ZC 241: PRINCIPLES OF MANAGEMENT CONTROL TECHNIQUES & INFORMATION TECHNOLOGY
  • 2. After studying this chapter, you should understand::
    • 1. The nature of budgeting and types of budgets.
    • 2. Zero-base budgeting
    • 3. Nonbudgetary control devices
    • 4. The nature and applications of information technology
  • 3. After studying this chapter, you should understand:
    • 5. The importance of computers in handling information.
    • 6. The challenges created by the new information technology, the Internet, other “nets,” groupware, and information security.
    • 7. Developments in e-commerce, e-business, and m-commerce.
  • 4. BUDGET AS A CONTROL DEVICE
    • Budget: Formulation of plans for a given time in NUMERICAL terms.
    • In Financial terms
      • Revenue Buget, Expense Budget, Capital Budget
    • In Non Financial Terms
      • Materials, sales volume,
      • Direct Labour Hours
  • 5. PITFALLS OF BUDGET AS A CONTROL DEVICE
    • Controls wrong things.
    • Measures inputs, but ignores outputs like product quality, customer satisfaction.
  • 6. TIME EVENT NETWORK ANALYSIS
    • Shows time relationship between events.
    • Total program goals regarded as series of inter related supporting plans.
    • Picks out more critical
    • elements of plan.
  • 7. TIME EVENT NETWORK ANALYSIS
    • Breaks down project into controllable pieces.
    • Milestones as identifiable segments.
  • 8. GANTT CHARTS
  • 9. PERT CHARTS
  • 10. Information Technology
    • 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
  • 11. Information Technology
    • 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
  • 12. This Is DATA ……..
  • 13. Information Technology
  • 14. This Is INFORMATION ……..
  • 15. Information Technology
  • 16. Information Technology
  • 17. Information Technology
  • 18. Information Technology
    • The information system is defined as a formal system of
      • gathering,
      • Processing
      • dispersing information
      • internal and external to the enterprise
      • in a timely, effective, and efficient manner
  • 19. Challenges Created by Information Technology
    • Resistance to Computer Use
    • Speech Recognition Devices
    • Telecommuting
      • Telecommuting means that a person can work at a computer terminal at home instead of commuting to work
    • Computer Networks
  • 20. Challenges Created by Information Technology
    • Internet
    • Other Types of Networks
      • intranet extranet
    • Groupware
      • Groupware makes it possible to collaborate with others over long distances at the same time
    • Information Security
  • 21. The Digital Economy, E-commerce, and M-commerce
    • The Emerging Digital Economy
    • Four Kinds of Transactions
    • Business to Consumers (B2C).
    • Consumer to Business (C2B).
    • Consumer to Consumer (C2C).
    • Business to Business (B2B).
    • M-Commerce and Wireless Communication
  • 22. B2C
  • 23. C2C