This case was presented in Fall 2009 and revolves around the decentralization of BP America after BP merged with Standard Oil in 1987. In this presentation, the changing role of staff departments is examined in this newly decentralized organization.
This is the case study of the subject Managerial Accounting. It deals with the Break Even point. The analysis is basically on the break -even analysis for the multiple products. We have done the full analysis and the solution is in the presentation.
Studi Kasus Amax Automobiles, Indus Corporation, dan Abrams CompanyUlan Safitri
. Analisis AMAX Automobiles
Sistem divisionalisasi
Batasan atas wewenang unit bisnis
Pengukuran/pengevaluasian pusat laba dengan 2 cara :
1. mengukur kinerja manajemen
2. mengukur kinerja ekonomis
Fokus pada margin kontribusi
This case was presented in Fall 2009 and revolves around the decentralization of BP America after BP merged with Standard Oil in 1987. In this presentation, the changing role of staff departments is examined in this newly decentralized organization.
This is the case study of the subject Managerial Accounting. It deals with the Break Even point. The analysis is basically on the break -even analysis for the multiple products. We have done the full analysis and the solution is in the presentation.
Studi Kasus Amax Automobiles, Indus Corporation, dan Abrams CompanyUlan Safitri
. Analisis AMAX Automobiles
Sistem divisionalisasi
Batasan atas wewenang unit bisnis
Pengukuran/pengevaluasian pusat laba dengan 2 cara :
1. mengukur kinerja manajemen
2. mengukur kinerja ekonomis
Fokus pada margin kontribusi
DAFTAR PUSTAKA
Aliansyah, Noor. Pengaruh Struktur Modal Tarhadap Nilai Saham. Jurnal Usahawan NO. 01 TH XXX Januari 2001.
Astuti, Dewi. 2004. Manajemen Keuangan Perusahaan. Penerbit : Ghalia Indonesia.
Hadisoebroto, Andreas E. penentuan Struktur Modal Untuk Mencapai Biaya Modal Minimum Dan Pengaruhnya Terhadap Nilai Perusahaan. Jurnal Widya Manajemen dan Akuntansi, Vol 4 No. 1 April 2004.
Hartono. Kebijakan Struktur Modal : Pengujian Tradeoff Theory dan Pecking Order Theory. Jurnal Perspektif, Vol 8, No 2, Desember 2003
Haymans Manurung, Adler. Teori Struktur Modal : Sebuah Survei. Jurnal Usahawan N 4 TH XXXIII April 2004
Roni Setyawan, Ignatius. Simultanitas Keputusan Dividen dan Struktur Modal : Suatu Tinjauan Teoritik. Jurnal Usahawan No 01 Th XXX Januari 2001.
Nila Firdausi Nuzula. 2010. Biaya Modal.
Akses di http://nila.lecture.ub.ac.id/files/2010/06/Cost-of-Capital.pdf
Anonim. 2012. Pengertian Struktur Modal dan Leverage dengan Hubunganya.
Akses di http://akunt.blogspot.com/2012/04/pengertian-struktur-modal-dan-leverage.html
http://elearning.gunadarma.ac.id/docmodul/manajemen_keuangan_2/bab3-penentuan_struktur_modal.pdf
http://setiawanzenegger10.blogspot.com/2011/06/teori-struktur-modal.html
http://file.upi.edu/Direktori/FPIPS/PRODI._MANAJ._PEMASARAN_WISATA/RINI_ANDARI/Manajemen_Keuangan/TEORI_STRUKTUR_MODAL.pdf
http://tonymisye.blogspot.com/2011/04/faktor-faktor-yang-mempengaruhi.html
This presentation is all about information regarding paracetamol drug. This presentation includes introduction of paracetamol, uses of paracetamol, side effects of paracetamol, paracetamol overdose, paracetamol used for children, paracetamol intersections, paracetamol combinations etc. Source of this presentation is www.paracetamol-information.blogspot.in
How to become world class business analystAsen Gyczew
Business analyst are one of the most important part of a successful business. They help you make the right decision and to spend money wisely. We show here what a business analyst has to know, what business analysis he should be doing and what knowledge he should have to be successful
5 common mistakes with sales incentive systems: Not ensuring that Sales and F...IBM Analytics
What are the most common mistakes in implementing sales performance management systems? Common mistake #2: Not ensuring that sales and finance teams are aligned. Nonalignment of the naturally conflicting priorities between sales and finance can have critical long-term consequences for an organization’s overall sales performance and growth if they are not addressed in the implementation stage of an SPM solution. Overcome SPM implementation mistakes by learning more about incentive compensation: http://ibm.co/incentivecompensation. Then explore IBM Sales Performance Management solutions and resources on our comprehensive webpage: http://ibm.co/spm.
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Of the three primary corporate finance decisions, distribution policy is the most transparent to shareholders. Distribution policy addresses both how much cash flow should be distributed to shareholders and the ideal form of such distributions. In the context of a company’s life cycle stage, directors can use distribution policy to manage the firm’s capital structure and tailor the form of returns (current yield relative to capital appreciation) in light of shareholder preferences. Diverse shareholder preferences and characteristics can enhance the attractiveness of share repurchases relative to dividends; however, for private companies executing share repurchases is not as straightforward as for public companies. The purpose of this whitepaper is to help directors formulate and communicate a distribution policy that contributes to shareholder wealth and satisfaction.
Why is Sales Forecasting Critical for a Connected SPM Solution in Anaplan?
Continual sales pipeline analysis and metrics like sales velocity and sales cycle length help sales operations teams identify crucial business decision points.
Watch this webinar to understand how Sales Forecasting integrates within the Sales Performance Process Life Cycle and how it can be used as a leading indicator for the firm's health in Anaplan.
PART 3 Directing Sales Force Operationsa good training.docxherbertwilson5999
PART 3 Directing Sales Force Operations
a good training program, and an adequate compensation plan are practices that help eliminate expense account padding.
Methods of Controlling Expenses
First, management must decide whether the company will pay for sales reps' field-selling costs or have the reps pay their own expenses out of their earnings. Almost all firms pay for travel and business expenses if salary is an element in the compensation plan. If the sales reps pay all their own expenses, chances are that they are compensated by the straight commission method.
Salespeople Pay Own Expenses
Salespeople who are compensated by straight commission usually pay their own selling expenses. Management usually figures into the commission a certain percentage of sales for the field sales function. It offers the total amount to the sales rep and says, in effect, "What's left over after you pay your costs is yours." The main reason for this is that some people paid a straight commission might be tempted to cheat on an expense account during periods of lean sales. Also, from management's standpoint, the plan is simple and costs nothing to operate.
There are also at least two reasons reps themselves prefer to pay their own expenses. First, such a plan gives them freedom of operation—they don't have to explain their expenses to management. Second, many reps gain income tax advantages when paying their own expenses. They can deduct more expenses than if their earnings and expenses are separated by the company.
When salespeople pay their own expenses, however, the results may not be what management wants. A company loses considerable control over its reps' activities. For example, the reps are not likely to travel long distances to call on and entertain prospective new accounts who do not offer immediate sales potential.
Unlimited-Payment Plans
The most widely used method of expense control is the unlimited-payment plan, in which the company reimburses sales representatives for all legitimate business and travel costs they incur while on company business. There is no limit on total expenses or individual items, but reps are "required to submit itemized accounts of their expenditures.
The main advantage of the unlimited-payment method of expense control is its flexibility. Cost differentials between territories, jobs, or products present few problems under this plan. Flexibility also makes the plan fair for both salespeople and management, assuming that reps report their expenditures honestly and accurately. Furthermore, this plan gives management considerable control over the sales reps' activities. If sales executives want a new territory developed or new accounts called on in out-of-the-way places, the expense plan is no deterrent.
Managementof a Sales Force, 12th Edition 300
301
CHAPTER 10 Sales Force Quotas and Expenses
Management of a Sales Force, 12th Edition
However, an unlimited-payment plan may not allow management to accurately forec.
Use benchmarking and sales analysis to assess your sales compensation plans. A comprehensive view often times yields issues beyond the sales incentive component. Learn how to apply 16 tests and develop new sales incentive ideas. A presentation by Sales Benchmark Index.
The main ideology behind the conception of ERM is to help companie.docxoreo10
The main ideology behind the conception of ERM is to help companies proactively identify, analyze and manage risks and events that have the capability of impacting the business. Developing a collaborative response is crucial is possible when early identification of risk is achieved. Changes in the business environment require sound judgment in anticipating both the consequences of the particular event and the potential likelihood.
The research conducted illustrates that the difficulty is intensified because the company should be innovative and adaptive, a feature that lacks in many corporations. Following the implementation in different companies, the primary challenge posed is locating the respective area in the company where its potentiality is more enhanced. The transition has been implemented from the traditional leadership function to the various levels of operation.
One of the crucial insights obtained from the interaction with companies adopting the ERM system indicates that the change is effective especially if used in a suitable context. The funds in implementing the system may pose a challenge, however, in such a situation, a counter project can be carried out in regards to the nature of the company. So, upon implementation, the ERM program progresses from its initial establishment to a sophisticated program with prolonged use.
ERM is regarded as a complete approach and as a result, leaders can trust the program as a comprehensive approach to risk management. The plan is meant to scratch through a broad range of operational threats in the internal and external environment of the company that could impact its short term and long-term success. In conclusion, the general conclusion is right; it is true to say that ERM has enabled the provision that is crucial in fulfilling and excelling in leadership mandate.
Companies:
1- Oula fuel marketing co
2- Kuwait resort company
http://www.boursakuwait.com.kw/Stock/Financials.aspx?Stk=651&S=INC
ACT553 – FINANCIAL ACOUNTING II
FALL 2016
1. Revenue Recognition
Revenue is the largest item on the income statement and we must assess it on a quantitative and qualitative basis.
_Use horizontal analysis to identify any time trends
_Compare the horizontal analyses of the companies.
_Consider the current economic environment and the company`s competitive landscape. Given that they operate in the same industry, you may expect similar revenue trends.
_Read the management’s discussion and analysis (MD&A) section of the annual reports to learn how the companies’ senior managers explain revenue levels and changes.
2. R&D Activities
Do the companies engage in substantial R&D activities?
_Determine the amount of the expense on the income statement. You may need to look in the footnotes or the MD&A for this information. Is the common-sized amount changing over time? What pattern is detected?
_Read the footnotes and assess the company’s R&D pipeline. What are the major outcomes ...
Male chastity deflating the three most ridiculous mythsMilan Padariya
Male chastity and orgasm denial will surely be beneficial for the marriage. Of that it is obvious.
But for almost any man or woman coming onto the Internet the very first time with the aim of learning more about it from the safe, sane and rational perspective, the outlook is actually comparatively grim.
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Hidden Meaning of one of the top 21 brands in the world. Here you can find the hidden meaning of some valuable brands like HSBC, Harley Davidson, Eno, Docomo, Canon, Audi, Vodka, Kellogg's, Smirnoff, Nestle, Wikipedia, Oral B, Volkswagen, Fanta, eBay, AXA, Shells, LG, Panasonic, Wells Fargo and Colgate.
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Barack Obama is the 44th president of United States of America, the most powerful country in the world. He is the most popular president in the world. Here are 10 most interesting facts about Barack Obama you might be not know. For more details
Management information system introduction-module 1Milan Padariya
This is brief presentation about Introduction of Management Information System. My presentation includes Definition and Meaning of Data, Types of Data and its example only.
Basics of telecommunication and networkingMilan Padariya
Telecommunication enables people to talk via electronic media and Networking enables more than one computers to connect and share the information. In today's business telecommunication and networking play an important role. Also wireless technologies like bluetooth and Wi-Fi make easy transaction for any IT enable business.
Office automation system is an information system which is computer based that collects, processes, stores and transmits electronic messages. Office automation refers to the varied computer machinery and software used to digitally create, collect, store, manipulate, and relay office information needed for accomplishing basic task.
This list proves our perception wrong about women of India. These 10 women entrepreneur prove that they are capable to survive even in traditional environment of India with good will.
Session 1 introduction of management information systemMilan Padariya
Contents:
What is Data?
How it process?
What is Information?
Information System
Computer Information System
MIS Definition
Characteristics of MIS
Function of MIS
Relation of MIS with other academic disciplines
The basic function of a firm is to produce one or more goods and /or services and sell them in the market.
Production requires employment of various factors of production, which are substitutes among themselves to certain extent.
Thus, every firm has to decide what combination of various factors of production, also called inputs, to choose to produce a certain fixed or variable quantities of a particular good.
The problem is referred to as “ how to produce?”
The global economy is going through an upheaval and there are great uncertainties ahead. The global economic recession and crisis has, quite expectedly, impacted India, too. But it is a moot point whether the Indian economy is affected more by the global economic ups and downs or by India’s structural and political problems and economic management or mismanagement.
Whatever be the case, there is very significant global interest in the Indian economy. Along with China, Brazil, Indonesia, and a few other countries, India promises great potential of growth in the next few years and decades. The future of the Indian economy is thus a significant concern among the global financial and business community, economic policy-makers and managers, multilateral financial institutions, economists and other academics as well as investors and consumers in India.
If one looks at the numbers, the significant global interest in India is not surprising. It is well known that - on a purchasing power parity basis – India is already, at over USD four trillion of GDP, the fourth largest economy in the world; very close to the size of the Japanese economy, the third largest. In the next 15 to 18 years this size is expected to grow, as per various studies and estimates, four to five times. As a result many foreign investors and a majority of global companies and businesses are making a beeline for the Indian market, which promises a booming middle class of a few hundred million consumers, expanding steadily in the next few decades.
Where will the Indian economy go from here? In the three to four decades after independence, the Indian economy was characterized by the ‘Hindu rate of growth’, growing at about 3.5 per cent per annum. In the next two decades it grew at seven to eight per cent per annum, but the growth rate is under strain in recent years of global economic turbulence.
What lies beneath these numbers? What insights do we have about the Indian economy to help us analyze and perhaps ‘decode’ what trajectories it may follow in the coming years? Moreover, besides the overall numbers, what about rising inequality and financial inclusion? What about hundreds of millions of Indians living in abject poverty, without bank accounts and any access to credit? Hardly ten per cent of the country’s households participate in the capital market. What about chronic malnutrition among children? What about the lopsided 0-6 age-group child sex ratio that has declined further from 927 in 2001 to 914 in 2011? What about poor marketable skills among a big portion the huge and growing young population? What about the condition of India’s universities and polytechnics? And also, what about the political culture and institutions of governance, shaken by scams, scandals and corruption day in and day out?
In economics, demand is an economic principle that describes a consumer's desire, willingness and ability to pay a price for a specific good or service. Demand refers to how much (quantity) of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship.The term demand signifies the ability or the willingness to buy a particular commodity at a given point of time.
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An introduction to the cryptocurrency investment platform Binance Savings.Any kyc Account
Learn how to use Binance Savings to expand your bitcoin holdings. Discover how to maximize your earnings on one of the most reliable cryptocurrency exchange platforms, as well as how to earn interest on your cryptocurrency holdings and the various savings choices available.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
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The Influence of Marketing Strategy and Market Competition on Business Perfor...
Abrams company case Anaysis
1. ABRAMS COMAPANY
CASE 5-4 ABRAMS COMPANY
Que. 1: Evaluate each of the concerns expressed by top management, and if
necessary, make recommendation appropriate to the circumtences described
in the case
The Abrams case is about using profitability measures to evaluate profit centers. The case also
reflects a long academic debate in the US-literature about ROI problems. In EU companies it is
more common to evaluate PCs with Income measures like RI and EVA. This case covers the
tree main problems in controlling profit centers:
1. The ROI behavior
2. Transfer pricing disputes
3. Operational trouble shouting
It is very difficult to find a relevant and fair capital base for the ROI measure. Abrams use
book value for fixed assets which inflate the ROI measure as the assets age.
The age and mix of assets also differs among divisions which give unfair measures. It is also
easy for the divisions to manipulate the capital base at the end of the year. ROI based bonus
may rob the future, who want to invest in assets if that reduce the bonus.
I recommend this company to use RI or EVA instead of ROI and to control the investments
separately using NPV and capital turnover measures. The bonus should be based on the
budgeted income level, the RI target.
The problem with the inventory level can not be controlled with ROI management. If the
company change to RI/EVA it will be possible to to negotiate relevant inventory levels in the
budget process. High inventory levels can also be managed with differentiated capital charges
Prepared by: Milan Padariya, 63-MBA(Pharma) Page 1
2. ABRAMS COMAPANY
that will create high interest costs. The best way to control operational tasks is to us non
financial measures such as inventory turnover.
Use non financial measures to control the inventory levels. If it is an strategic issue you can
connect this measure to the bonus system.
Que. 2: What is overall evaluation of Abrams management control system?
Describe any strength or weakness that you identified but did not include in
answering the previous question. What changes, if any, would you recommend
to top management?
In general, Abrams Company adopts the lowest cost, differentiation, market focus and ROI
strategies to accomplish the organization’s goal. Furthermore, In order to implement the
strategies the firm establishes its own management control systems.
Evaluation of Abrams’ Management Control System:
The current measurement system of the company is ROI. The ROI target is set based on
budget profit divided by actual beginning of the year net assets. Actual ROI is calculating by
actual profit divided by actual beginning of the year net asset. The advantage of the Abrams
Company ROI system is it does not consider the investment added during the year, because
the investments provide little effort to the year, but more benefit to the future. However, the
ROI measurement system has some weakness, such as defer asset replacement, short-term
focus at the expense of long-term.
The incentive compensation plan of Abrams Company is bonus plan, and it calculate
accurately based on an equation, and it seems equal for all members. In addition, some
adjustments also are made associate with the performance of the managers. The performance is
measured by compare of actual profit and budget profit. However, all the measurement is
Prepared by: Milan Padariya, 63-MBA(Pharma) Page 2
3. ABRAMS COMAPANY
associate with data, sometimes the performance will be influence by variance elements, such as,
economic environment, the demand level, material price, cost of labor, and government
policy, so the measurement need to improve in some areas. The dollar amount of corporate
bonus pool was established by a fixed formula linked to company earning per share. This
incentive compensation plan can be considered as a reward system. Using this method the
company can increase or maintain motivation.
STRENGTH :
-The company has a clear management structure.
-The company has employed a bonus plan for employees.
-The AM Marketing division will input products form the other three divisions, and sell it to
domestic and foreign market, it helps the company save cost when it input internal.
WEAKNESS:
The Abrams Company has three totally independent divisions, and the three divisions are lack of
connection. They purchase their materials separately, and they carried excessive inventories
most of the year. Also, inside sales sometimes need a negotiation on price, the may lead to low
productivity.
SUGGESTIONS TO PERFORMANCE MEASUREMENT SYSTEM:
1) ROI: can be used combination with other performance measures to avoid the limitations of
ROI. The company can establish a non-financial performance measurement system such as
the balanced scorecard .With a good performance measurement system, the incentive
compensation plan will be improved.
(2) EVA ( Economic value added): can be used instead of ROI Suggestions to transfer
pricing… A transfer price fixed by the top management in compliance with the AM division
and the other divisions involved which could be revised when it is out of date. This fixed price
Prepared by: Milan Padariya, 63-MBA(Pharma) Page 3
4. ABRAMS COMAPANY
could be adjusted due to inflation. There should be an internal policy on it. Therefore, top
management should implement a cost-based transfer prices because when competitive prices
are not available, transfer prices may be set on the basis of cost plus a profit markup.
RECOMMENDATION:
The non-financial performance measurement system should be established. The
balanced scorecard is a good choice for company measure performance. With a good
performance measurement system, the incentive compensation plan will be
improved.
Prepared by: Milan Padariya, 63-MBA(Pharma) Page 4