Analysis Of Functions Of Effective Management Essay

Analysis Of Functions Of Effective Management Essay
Introduction
Normally, management is generally known as that social process which entails the fulfillment of the given set objectives of a particular organization
through effective and economical regulation and operation of the organization. The system is a dynamic process since it consists of handling of
different activities and elements each time. However, these elements and activities are not like the operative functions which merely involve finance,
purchasing, marketing and many more of similar type. Moreover, the activities are commonly practiced by every manger regardless of the status or the
level within the chain of command. Besides, effective management always goes in hand with leadership and includes employees' motivation, creatively
solving of problems and ensuring timely completion of the organization's goals and objectives. Therefore, this paper has critically focused on how the
five management practices such as planning, leading, organizing, staffing, and controlling are implemented in my current workplace.
Analysis of the functions of effective management
Planning, leading, organizing, staffing, and controlling are indeed management concepts and they equally require detailed implementation analysis for
each and every organization or any other enterprise aimed at achieving certain set goals and objectives. In this paper, the application of each of these
aspects is discussed in details with relevant examples from my own organization as a case study is
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Management Analysis, Contractors, Architects, And Management
When spectators see amazing skyscrapers or maybe a beautiful building, the first thing that they might think about would probably be how that
building makes them feel and why it makes them feel a certain way. They might stop and think to themselves "man I wonder how much money went
into this building". Rarely, when people think about the people that sat in a conference room, at an oval shaped table for hours trying to make things
come together. These people are CEO's, management analysis, contractors, architects, etc. Management analysist are the little people behind those
astonishing buildings. Management analysist are important because they are the ones that handle the business's money, important documents, and hold
important business conferences. Informing candidates about the educational requirements to be a successful management analysis, the daily job
responsibilities they also have to encounter, and also ways for job advancement, such as a certified consultant programs. First thing first would be to
learn about all of the educational requirements needed to be a successful consultant. "Entry–level management analyst positions, often in the public
sector, are available to those holding at least a bachelor's degree" (Be a Management Analyst). The minimum requirement to be a management analyst
is a bachelor's degree in any field but a business related field could be helpful when entering this field. After gaining a bachelor's degree, others might
choose to further

Multimedia Big Data Management Processing And Analysis
VII.MULTIMEDIA BIG DATA MANAGEMENT PROCESSING AND ANALYSIS After categorizing multimedia big data, the next important
phase in the data management cycle is its processing and analysis. So far, the possible types, sources and perspectives of multimedia big data have
been highlighted; but this is only the first of the necessary stages in big data management. Generally, the stages involved in big data processing and
analysis include data acquisition, data extraction, data representation, modeling, analysis and interpretation [21]. These stages are illustrated in
Figure 5 and are explained briefly also. Fig. 5.Steps in Big Data Processing (Source: [22]) A.Acquisition and Recording This is the first step in the
data processing cycle. It is mostly concerned with the sources of big data and techniques required to capture the data. As it has been discussed in prior
parts of this paper, big data can originate from multiple sources and therefore requires an intelligent process to acquire and store this raw data. Another
relevant aspect of this phase is metadata generation and acquisition. This acquisition of the right metadata enables for a description of the recorded data
and how exactly it is being measured. B.Information Extraction and Cleaning In some cases, the information gotten from various sources may not be
ready for analysis. Such data usually contains images, audio, or in some cases they are gotten from environmental sensors such as surveillance cameras.

Essay on Budget Management Analysis
Budget management analysis is commonly used by mangers as a tool helping to make sure that all resources in existence get put to use correctly. The
budgets are determined annually because they are determined by the preceding year's budget and differences. Budgets can be controlled by specific
techniques to control budgets within prediction, consider five to seven expense results with budget anticipations, explain possible factors that cause
fluctuations, present ways to keep results associated with goals, share three benchmarking strategies, and consider the ones that could increase budget
accuracy, and give good reason for the choices made. (Finkler, 2007) Several techniques are often used to regulate budgets; managers as well as the ...
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Differences could be within the budget that could be beneficial, or over the budget which can be. The difference is used as a tool to calculate the
budget for upcoming years, help to reduce spending within the present year, and assist in evaluating the managers and their agencies. To specify the
source of fluctuations the managers are required to investigate and justify to top management the reason why the difference occurred. There are
numerous reasons behind fluctuations, which have to be recognized and maintained if possible. (Finkler, 2007) While calculating the nursing
expense results from different units for a pay period, there have been some favorable and unfavorable fluctuations. While examining the expense
record the paid original hour's difference was within the budget and the paid nonproductive hour's difference was 60 hours over the predicted time
period. The unexpected difference of paid nonproductive time period could have happened as a result of some employees being on adapted duty,
sick leave, conference time, or training time, which means that they are primarily getting paid with no patient care needed. The overtime percentage
of hour's difference was 7 .5% over the budget and the registry percentage of hour's difference was 8 .0% over the budget, both of these are
unfavorable. The overtime could have been the result of bad time management strategies, late arrival of the following shift, or working past shift hours
as a result of a low

Conflict Management Analysis
LP 4| Conflict Management Analysis| Organizational Development 196–168| | Paul Guell| 1/8/2011| Marla Pearce, Instructor| Whether you work for a
manufacturing facility or the health care system, conflict is unavoidable. As a manager, you must learn to deal with conflict in the workplace. In this
paper I will describe the different styles of conflict management. I will also discuss my preferred conflict management style with examples of its use.
Lastly, I will describe a situation at work and how a conflict management strategy could have improved that situation. There are five different conflict
managing styles. They are: avoiding, accommodating, competing, compromising, and collaborating. First I will... Show more content on
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This style is used when both sides need to make a decision and they both need to give up something to gain something. Unfortunately, these decisions
tend to be temporary because neither side got exactly what they wanted. One positive use for this style is when a decision needs to be reached under
a time constraint. This style is also useful as a backup conflict management style to collaboration or competing (Nelson and Quick). Finally, the last
conflict management style is called collaborating. Collaborating involves discussing the situation and arriving at a decision that is beneficial to both
parties involved. This style can be used in situations where the goal is to learn or when both issues are too important to compromise on. Collaborating
requires both parties to be honest and open when discussing the problem. Because both parties are opening up and exchanging information,
collaborating can lead to better working relationships between employees (Nelson and Quick). After doing activity 13.2 in the text book, I discovered
that I favored both collaborating and compromising conflict management styles. This was surprising because I figured that I would use the
accommodating style the most. One situation where I used the compromising style at work was during a period when the production department
wanted increased quality checks done on a troublesome engine part. The 2nd shift production supervisor and I sat down in a

Analysis Of Marriot International And Marketing Management
According to Davenport (2006), an analytics competitor has the capabilities of gaining insight based on a consumer's consumption to better make
business decisions while optimizing the business processes. Many top organizations such as Amazon, Capital One and even the Boston Red Sox have
implemented programs that allow for their company to better determine the products and prices of products that appeal to consumers. These programs
also provide companies with the power to determine how to market, based upon the consumer's fluctuating income and its influence over the rising and
falling of demand and supply chains. While this process of collecting and processing data may be beneficial to the company, the data gathered should
be collected in an ethical manner. (Davenport, 2006, p.99–100) As noted earlier, there are many organizations who have mastered the skill set of
becoming an analytics competitor. Some companies have implemented the approach taken by Marriot International. Marriot International has not only
mastered the revenue management, it has become one of the top analytics competitors because of its ability to efficiently use its Total Hotel
Optimization program. The program allows for Marriot International to expand their quantitative expertise far beyond establishing room prices to
allow for the program to be used in areas such as catering and conference facilities. Marriot International has also made these tools readily accessible
via the internet; allowing for

Management Styles Analysis
Management Styles
Management is a far–running subject and there are many definitions of management. From my point of view, management is described as a process to
get something done in the business environment. It is the person called Manager who gets various jobs done by assign works to people working with
him/her. How the Manager can get the things done effectively and efficiently is an important problem that should be researched. Robert Tannenbaum
and Warren H. Schmidt (1958, 1973), who argued that the style of leadership is dependent upon the prevailing circumstance, therefore leaders should
exercise a range of management styles and deploy them as appropriate. In fact, a management style is an overall method of leadership used by a ...
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Apart from culture and law, different business customs also can influencemanagement styles. Business custom is part of a nation's culture. It has been
formed in a long time, maybe several decades, several countries, or even thousands years such as China and Japan. The custom includes how to manage
enterprise, how to treat customers, how to get along with leaders and subordinates. Different countries and economic systems have different answers
and standards. For example, in China, "face issue" is important for individuals in traditional custom. And appreciation or encouragements should be
made before any criticism. If managers point out employees' mistake in front of other workers directly, the employee might feel ashamed and reluctant
to cooperate with the manager in future, which surely will bring barriers to management. There are also various customs in different regions,
management styles are also changing according to such differences.
I would like to take Japan and the US as examples to discuss how these key factors, culture, policy, and customs influence management styles in
specific circumstances. Obviously, Japan and the US display an obvious contrast in the aspect of culture, society and ideology, etc. I would like to
discuss the features of Japan and the US at first.
First of all, the US is a nation with a large number of immigrants, which determines that its national culture is identified with individualism. As is
known to all, the US is

Budget Management Analysis Essay
Budget Management Analysis This research paper is a brief discussion of budget management analysis. Budgeting is the key to financial management,
and is the key to translates an organization goals or plan into money. Budgeting is a rough estimate of how much a company will need to get their work
done, and provides the basis for evaluating performance, a source of motivation, coordinating business activities, a tool for management communication
and instructions to employees. Without a budget an organization would be like a driver, driving blinded without instructions or any sense of direction,
that's how important a budget is to every organization and individual likewise (Clark, 2005). There are several expense results with budget ... Show
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The cash budget is another aspect of budget expectation. The cash budget determines how much cash an organization have on hand, and how much is
needed to meet each expense. The cash budget will reveal to companies the availability of any type of surplus the company has for short–term
investments.
Capital expenditure budget. This budget is needed when an organization needs to invest in major projects and equipments, such as purchases of new
products, new information technology systems, in which a management team will conduct a financial evaluation to determine whether the company's
return on investments will be met (Halliman, 2006). Lastly, we have the program budget, which designate funds to groups that need to achieve specific
goals. Program budgets do not allocate funds to company departments, but to company's activities. Program budgets are very difficult because there
are no specifics to go on, they usually have to go by an estimate, and try to cover all aspects of possibilities (Halliman, 2006). Since a company's'
budget is typically based on knowledge from their financial history therefore, if a budget variance occurs, it can be because inaccurate estimates were
done, or one or more factors have changed unexpectedly, and the company need to make some type of adjustments to their budget. Once a company
discovered a significant budget variance, they will need to identify the cause, and address it accordingly. For example,

Commercial Analysis Forecasting Management Project...
An innovative and highly competent finance professional (CPA, BBus) offering over 7 years of cross–industry experience spanning mining,
engineering & construction, through to logistics/transport, materials handling and motoring services. Recognised as a true business–partner to
management, providing the knowledge and expertise needed to aid all levels of decision making. A specialist in modelling and quantifying business
activity for periodic reporting, budgeting and forecasting, and other decision–making purposes. Strong financial risk management focus, assessing and
analysing opportunities to reduce and mitigate financial and operational risk. Respected by peers and mentors alike.
Financial Analysis & ModellingBudget Reporting & AnalyticsFinancial & Statutory Reporting
Commercial AnalysisForecasting ManagementProject Accounting & Management
KPI Development/ImplementationInternal AuditingCost Control & EBIT Improvement
Financial ModellingFinancial Risk AssessmentFlash Figure Reporting
Customer Pricing AnalysisStaff ManagementAdvanced Excel
Provided the business insights and financial analytics which allowed the CFO of ASCO Australasia make informed decisions for reducing costs and
better understanding performance across all three divisions.
Member of the board of directors for Coogee Beach Surf Lifesaving Club, meeting a busy reporting calendar (statutory and periodic reports), and
leading opportunities to improve reporting

Swot Analysis for Management
Throughout my college career, I have been involved in a wide variety of organizations and internships that not only refined my business skills, but also
provided me the realistic experience in the business realm. I have experienced a wide–range of activities and work that span from selling automobile
parts to providing services to patients recovering from substance abuse and mental illness. Throughout this journey, I was given an opportunity to not
only develop my business marketing skills, but allowed a glimpse of the industry (and the systematic process of that particular field) as well. One
particular occupation that sticks out is the sales position at RadioShack. During my freshman year in college, I began working at RadioShack to ... Show
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In early summer 1995, it was elected that the name "Radio Shack" would be spelled in CamelCase as "RadioShack", and a new logo would be
launched (2)
During this radical transformation, RadioShack began solidifying their position in the electronic goods market. Currently, RadioShack has more than
6,000 stores operating all over the world which include Europe, Central America and Africa. RadioShack generates $2.24 billion in operating revenues
and net sales. They also carry a wide variety of electronic products that range from audio and video equipment to cell phones (Wikipedia.com, 1). The
SWOT analysis can be used to not only evaluate RadioShack 's current attributes, but also assess the factors that can support or impair RadioShack 's
survivability.
Strength
Radioshack has been in the electronic goods market for over 30 years providing quality service and fulfilling the consumer 's desire for new and
dependable technology. The image that RadioShack has developed and carefully processed has greatly served RadioShack 's efforts. When consumers
want or need any type of electronic accessory such as rechargeable batteries, consumers know that these items can be found at a nearby Radioshack.
Due to the strong brand name and image that RadioShack has developed, consumers know that they will be purchasing high quality and dependable

Analysis Of Management Skills And Safety Hygiene
AnalysisImpactsConsequences/or changes
1.Skill FactorsIn 2017, there are over 1500 employees nationwide. Nando's presently acquire many skill factors that enable business growth, such as,
leadership skills and management skills, food and safety hygiene. These will be continued to decrease any issues raising in the organization. Main skill
factors required to meet the envisioned future include, communication skills to build a therapeutic relationship between colleagues. The impact of this
would be that staff will be motivated and will provide opportunities for themselves to participate to benefit the work process by attracting customers.
Another impact would be the performance management. For example, staff members need to be ... Show more content on Helpwriting.net ...
Second consequence is that staff/employee will understand that factors and work better together to provide their best performance and resolve any
misunderstanding that may have been created within the organisation.
(Doucette, n.d.)
3.Organisation Structure Factors As Nando's is nationwide restaurant and have many employees that run each organisation. Therefore, it requires a
well–built organizational structure. In future, the structure would be changed and will be categorized in related sectors/departments. And this will
further influence the management development which will be evident in the future by developing the structure. First impact would be that if Nando's
will change their organisation structure it will cause problems for all the management because it will take time to re–design the structure.
The second impact would be that changing the organisation structure of this envisioned future, it will divide into their related sector which will
decrease the managers or owners pressure.First change after re–designing the structure is Nando's will able to make easy work for their organisation by
using new structure such as in kitchen department, checkout operators, managing self–services machines.
The second change would be if the structure will change the staff need take their responsibility regarding their respective jobs

Data Report On Data Management And Analysis
This section presents data process involved in data management and analysis, it discusses data entry, data cleaning and data analysis. The section starts
with data entry where the data cleaning and analysis were presented thereafter. 3.14.1 Data entry Data entry refers to the process of recording data,
regularly into a computer programmes (Rahm & Hai Do, 2010). During the evaluation, data were entered into computerised software packages to assist
in analysis process. Quantitative data from questionnaires and documentary review were entered to stata software programme whereby qualitative data
obtained from interviews were entered to Atlas.ti software. A verbatim (transcription) was performed to transform word by word audio recorded
interview data to written a document (Creswell, 2007), which by then were translated from Swahili to English language before being entered into
Atlas.ti where the local translator was consulted to review the interview transcript. 3.14.2 Data cleaning Data cleaning refers to systematic procedure to
identify and correct data errors and inconsistencies and omit them to enhance quality of collected data for analysis (Rahm & Hai Do, 2010). In this
evaluation all qualitative and quantitative data undergo cleaning process to ensure its consistency and accuracy. In this evaluation data cleaning for
qualitative data involved a series of activities that included the followings as suggested by Miles and Huberman (1994): summarizing the qualitative

Business Analysis Management Project Management
High versatile and solutions focused with the skills and expertise needed to enhance workflow management, operational processes, improve reporting
services, and to deliver on new IT systems and application deployments. Benefits from having been at the forefront of project delivery, working within
a PMO setting and driving initial requirements through to go–live and support. Proven change management skills, working across the organisation to
garner buy–in at all levels. Clear and confident communicator, and recognised influencer. Able to lead and manage resources both on and off shore.
Business Analysis ManagementProject Management ConsultingBusiness Requirements
Structured Data Analysis Compliance & Risk ManagementChange ... Show more content on Helpwriting.net ...
The Compliance Enterprise Reporting Team (CERT) is responsible for the development and maintenance of enterprise reporting solutions used by up to
17,000 ATO employees distributed through six business areas.
Drove the technological roadmap for Cognos Business Intelligence (BI) and Business As Usual (BAU), focusing on developing a scalable framework
that meets current and future organisational needs for CERT.
Analysed the ATO business model and the strategic direction of all divisions under remit, working with business management and end users to assess,
analyse, recommend, and implement business improvements that support the business initiatives with IT enabling projects and change management
Worked closely with key stakeholders, business users and functional analysts, comprehending business requirements and modelling

Organizational Management Approach Analysis : Organization
Running head: ORGANIZATIONAL MANAGEMENT APPROACH ANALYSIS 1
Organization Management Approach Analysis Shweta Hallen ORG 502– Effective Organization: Theory and Practice Colorado State University –
Global Campus Dr. Claudia Santin December 01, 2015
ORGANIZATIONAL MANAGEMENT APPROACH ANALYSIS 2
Organizational Management Approach Analysis
The following analysis examines the organizational approach to management that I work for. Since many of the approaches to management are based
on historical approaches to management, this article will analyze the differences and similarities between this approach and the historical ones. In
addition, I will also talk about the efficiencies and inefficiencies of the approach contemplating on its impact on ... Show more content on
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Taylor (as cited in Robbins, Cenzo & Coulter, 2015) sought to improve production efficiency approach to get things done.
Management Approach Analysis
The analysis revealed that the organization I work for follows a Decentralized management approach, with the following principles:
1. Empowering employees: The principle aims at giving more autonomy to employees to make their own decisions, giving them a sense of importance
and making them feel as if they have more input in the direction of the organization.
ORGANIZATIONAL MANAGEMENT APPROACH ANALYSIS 3
2. Efficiency: The aim here is the reduction of congestion in communications, quicker reaction to unanticipated problems, improved ability to deliver
services, improved information about local conditions, and more support from beneficiaries of programs.
3. Diversity: It is critical for organization's ability to innovate and adapt in a fast–changing environment. It is essential to growth and prosperity of any
company: diversity of perspectives, experiences, cultures, genders, and age.
4. Global Reach/Local Focus: This one focusses on operating in a global footprint yet react more easily to the specific needs of the area, such as
deciding to sell products that appeal to the local market.
The above principles have been applied in the organization's policies and tools have been developed to record the evidences and measure how it is
progressing. Rousseau (as cited in Pryor et al., 2011)

Management Analysis : Management Process
Management by Objectives, MBO, is a management process where managers and employees decide together what goals the employee should work
to achieve. The goals set for the employee are agreed upon by both the employee and the manager. The employee is evaluated based on these goals
and may be given a raise or a promotion if they have achieved the set goals within some set period of time. This management process was first
introduced by Peter Drucker in his 1954 book "The Practice of Management" with the intention to provide a way to empower employees. (Drucker)
MBO a management process consisting of five steps. The initial step in the process is for the objectives of the organization to be determined by all
of management. This allows all managers to be involved in planning. In the next step the managers will sit down and talk with their team members.
The manager and employee will both have a set of goals they feel will help the employee be more effective at his or her job. Both sides discuss
what "specific goals, measures of achievement, and time frames" (Thomsom 2) that the employee will complete the goals. The goals should be
"specific, measurable, achievable, realistic and time bound." (Drucker) The next step is for management to monitor the progress of the employee and
then evaluate his or her performance. In the last step, it decided whether or not the employees should be granted a raise or promotion depending on
what goals they were able to accomplish.
MBO is important

organization and management analysis
Organization and Management Analysis
HCS/514
Organization and Management Analysis
This essay is on organization and management analysis. I will show in detail about the various organizational theories. There will also be discussions
on the comparisons of management theories and styles and which organizational theory resembles my organization. This essay is also on changes that
could be made to make my organization better. There are many organization theories andmanagement theories and these theories are a major part of
the working world.
Organizational theories
Organizational theories are there so companies and figure out the issues that are going on. This can pin point specific issues and can figure out which
theory is more ... Show more content on Helpwriting.net ...
Comparing management theories and styles
There is authoritarian management, this is where a manager takes care of all managing and decides on policies. The managers that use this
management style rely on their staff to follow the management guidelines that were made by senior management. The staff knows what needs to be
done and how they should do it (MBA online Program, 2013). There is also democratic management, this is where there is flexibility for the staff.
The staff can have a sense of ownership because they are also involved in decision making. Paternalistic management is where the boss is there acting
like the father figure and is trying to make the staff enjoy their work environment and make them happy. According to MBA online Program (2013),
"an Autocratic Management style exists when the manager makes unilateral decisions with little or no regard for employees" (7.). Finally there is
Laissez–faire management; this is where the staff can manage areas on their own. This type of management style, works great for creative,
professional, and motivated employees (MBA online Program, 2013).
My organizational theory and management style
The type of organizational theory that I would choose if I had my own organization would be the neoclassical organizational theory. This theory seems
to be the best one

Management: Case Analysis
MGMT 2130 CASE ANALYSIS ExamWinter 2015
STUDENT NAME:________________________________ I.D.#_________________
INSTRUCTIONS:
No electronic devices of any kind are permitted during the exam. Make sure your cell phone/pager is turned off and kept out of sight.
If you have a question or have to go to the bathroom, raise your hand.
Answer all questions in the exam booklet.
Time: 60 MINUTES Part Mark Received Section I
/ 12 Section II
/ 8 Section III
/ 20
Section IV
/ 20
Section V
/ 15
TOTAL / 75

1. Strengths, Weaknesses, Opportunities, Threats (12 marks)
Conduct SWOT analysis based on ... Show more content on Helpwriting.net ...
In this industry, the entry barriers are decided by the competitor's capital investment and market share. The food and beverage business is divided into
two categories: the first market segment relates to a commercial food business which owns 79 percent of market share. Douglas fine food comes under
a commercial food segment and owns a large amount of market share in Catering, franchises, and restaurant services. The business possesses a strong
base in the market through its long holding presence in the market due to which the new entrant cannot impose a high potential threat to the company.
Bargaining power of Supplier (MEDIUM)
In the food and beverage industry the supplier posses plenty of options to change their strategic alliances and form the new one according to their
suitable price. Similarly, the company does not compromise on the quality of raw material and hence, transforms their alliances as per the quality of
material. If the supplier is enjoying its strategic alliance as well as the manufacturing firm is comfortable with their supplier performance, then the price
of the raw material would be slightly competitive and high.
Threat of substitute products (HIGH)
The non–commercial business is providing the substitution to the commercial and high scale food service provider. The low priced services provided
by the non–commercial fragmented sector could be a potential threat to Douglas because these small scale businesses are catering

Security Analysis & Portfolio Management
PROJECT ON SECURITY ANALYSIS & PORTFOLIO MANAGEMENT
A STUDY ON SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT
INTRODUCTION:
Traditional security analysis emphasis the projection of prices and dividends accordingly the potential price the firms common stock and the future
dividend seem were to be forecast and the discount allowed 10%.
The traditional views are on the intensive and current market price of security if the current market price security was the above value the analysis
recommended same conversely. If the Current market price of the security below the entrance value the customer advise to purchase these traditional
view's have shifted their ... Show more content on Helpwriting.net ...
п‚· For calculating the returns of each industry this study assumes that the indexes are taken in to consideration.
п‚· The investors give preference to the securities that have given positive returns previously.
OBJECTIVES OF STUDY:
1. To study and understand the portfolio management concepts.
2. To study and understand the security analysis concepts.
3. To measure the risk and return of portfolio of companies
SCOPE OF THE STUDY:
This scope of study is limited to 6 firms /companies of selected industries. Pharmaceutical, Information Technologies, Automobile, & 12 companies
/ banks from Banking Industry. This study is analysis of previous twelve months (May–2012 to Jun–2012) data relating to prices of shares in Bombay
Stock Exchange only.

RESEARCH METHODOLOGY:
A system of collecting data for research projects is known as research methodology. The data may be collected for either theoretical or practical
research. Research methodology is a way to systematically solve the research problem. It may be understood as a science of studying how research is
done scientifically. In it we study the various steps that are generally adopted by a researcher in studying his research problem along with the logic
behind them.
RESEARCH DESIGN:
Task of defining the research problem is the preparation of the research project, popularly known as the "research

Swot Analysis : Strategic Management
Context Analysis
Strategic management is an important part of business planning. It helps create strategies for better performance, profit, and future success. Analysis of
both internal and external factors is vital for a company's proper growth. Culture, the perspectives of the company's employees, managers, owners and
clientele, and the structural and environmental elements that effect the operation of the business are all examined in the strategic management process.
The purpose of this paper is to demonstrate how to analyze a company's strategic management process by examining a privately owned, small and local
business.
SWOT
One of the best ways to analyze the management process of a business is through the SWOT analysis. "The SWOT ... Show more content on
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Employee Madison Rowland in her interview commented, "We have homemade products (such as ice cream) and serve more than just snowballs
(Rowland, 2015)." Unlike the typical snowball stand who typically sells only snowballs, this business serves malts, shakes, nachos, the usual
snowballs, stuffed snowballs, and homemade products such as their ice cream and fruit bars. The food they serve is also of excellent quality and is
never rushed in the making.
Whereas the majority of stands who are seasonal and only open during the summer, Just Chillin is open all year round and is the only snowball stand
in the area that is. They have quite the reputation for their service and products. Customers have been known to come from 30 or 40 minutes away for
their snowballs and ice cream. They are said to be the best snowball stand on the Northshore and even have indoor and covered outdoor seating to better
accommodate their customers.
Weaknesses
The next factor is weaknesses. Quite a few times, weaknesses are merely "the flipside of a strength (SWOT Analysis, 1990–2010)." For instance, a
reputation for quality is usually accompanied by a reputation for high prices.
Unlike its competitors, Just Chillin has indoor and covered outdoor seating which was earlier considered a strength. However, sometimes they do not
have enough to accommodate all of their customers. In which case, thanks to this age where consumers

Organizational Management Approach Analysis : Management...
Organizational Management Approach Analysis Managers today have many different options when choosing a managerial theory to implement for
their organizations. Knowledgeable managers must be aware of the different historical approaches and also able to determine which approach would be
most effective for their unit. The established work structure of my unit currently utilizes elements of classical organizational theory, more specifically
scientific management and bureaucratic theory. More recent theories, such as those that focus on human relations, are not applied as frequently. The
purpose of this paper is to analyze the historical management theories utilized by my organization and determine whether they are appropriate. When
areas in which my organization could be improved upon are identified, the recommendations of other management theories are considered for their
possible effectiveness.
Historical Management Theories The history of management includes multiple theories and understanding them can help individuals identify the ideas
their organization is built upon. Classical organizational theory encompasses several major approaches to management that continue to be influential
even today. The early to mid–twentieth century included the introduction of many concepts of management theory such as scientific management,
bureaucratic and administrative theory. Most of these early approaches revolved around control of employees and processes in order to achieve more

Business Analysis Project Management & Delivery...
Skilled Senior Business Analyst and Project Manager with outstanding capability in the development and delivery of complex applications and
architecture, backed by 15 years experience. Promoted to the Executive Management Committee of MediSwitch and received multiple awards
including CEO Award and Leader of the Year Award. Expert in all aspects of business integrationmanagement and change management. Able to
provide critical support to large multi–million–dollar tenders, ensuring proposals are viable. Highly effective leader of teams both on and offshore.
Leading Business AnalysisProject Management & DeliveryDevelopment Management
Process Re–EngineeringQuality AssuranceVendor Management
Operational System Configuration ... Show more content on Helpwriting.net ...
Eng (Industrial) | University of Pretoria
Mediswitch (Division of Altron TMT)Mar 2007 to present
BUSINESS INTERGRATION MANAGER
& SENIOR BUSINESS ANALYST
Mediswitch forms part of Altron TMT, a world–class Telecommunications, Multi–media and Information Technology (TMT) solutions group.
Mediswitch provides specialists Electronic Data Interchange (EDI) for over 30 000 healthcare professionals South Africa.
The Business Integration Department is responsible for the business requirements analysis and functional specifications of all changes to MediSwitch's
internal systems, as well as testing following changes to system, and for overseeing the design and implementation of all the system integration projects
with clients.
Aligned the departmental strategy to support the overall objectives of the company whilst leading higher–level business analysis, system integration
projects, and specialist application development.
Designed the company's standard interfaces, standardised SOPs for the systems configuration, developed standards for accreditation for systems with
which the company interfaces, and identified weakness and strengthened workflow processes with cycle time now reduced by >20%.

Worked closely with Business stakeholders on business requirements to facilitate requirements gathering workshops, to provide project status updates,
to prioritise and plan projects, and to provide

Swot Analysis : Marketing And Management
Many individuals in the marketing and management industry understand the acronym SWOT, Strength, Weakness, Opportunities, and Threats but have
no idea of the impact this analysis has on the business, or internal and external factors that are involved. Typically, managers' п¬Ѓrst consider internal
strengths and weaknesses (at the top row of the 2x2 grid) which can include image, structure, access to natural resources, capacity and efп¬Ѓciency, and
п¬Ѓnancial resources. It is the foundation for understanding the true dynamics of how a business is flowing from all aspects. It is the most
well–known tool for assessment and analysis of the total strategic position of the business and its environment. Its key purpose is to recognise the
strategies that will produce a firm detailed business model that will best support an organization's assets along with abilities to meet the requirements
of the setting in which the firm operates. The importance of SWOT analysis lies in its ability to help clarify and summaries the key issues and
opportunities facing a business. Value lies in considering the implications of the things identified and it can therefore play a key role in helping a
business to set objectives and develop new strategies. Meaning of S.W.O.T. Strengths of a manager are to have the particular organization's mission in
mind along with the great qualities that assist with accomplishing the company's mission. Examples of organizational strengths are huge financial
resources, broad

Strategic Management is a set of upper level management decisions and actions that will determines the long term objectives and performance of a
corporation. It accomplishes this task by including a variety of tools and analysis techniques, which will implement, evaluate and control the general
direction of a company. This is done through strategy formulation which begins with a situational analysis that emphasizes the monitoring and
evaluating of external opportunities and threats in light of a corporationВґs strengths and weaknesses (Wheelen and Hunger, 2006; Saloner et al.,
2001). The objective of this paper is to describe, analyze and discuss advantages and disadvantages of a concept named SWOT, which stands for
Strengths, Weaknesses, Opportunities and Threats. These are the concepts that are frequently used as tools for the analyzing of all external
environments of an organization including their internal factors that constitutes its structure (Wheelen and Hunger, 2006). SWOT analysis came first
came about from research that was conducted at the Stanford Research Institute in the late 1960Вґs. The idealization of SWOT analysis came from the
necessity to discover why some corporate planning continued to failed. Many fortune 500 companies wanted to find out what could they do with the
research discovered in Stanford. Albert Humphrey Along with a select few from his research team began testing SWOT as a tool and when it became
practical SWOT became a corporate planning

Case Analysis : Rail Management
Case Study On Rail Management Presented to: Mr. JONATHAN SCOTT MORRISON Presented By: VENKATA NARENDRA REDDY VALLELA
I.D: (20140514) Table Content Sr. No.Topic 1.Executive summary ..................................................................3 2.Problem identification and analysis
.........................................4 3.Statement of major problems..................................................5 4.Generation and evaluation of alternative solution
................7 5.Recommendation ....................................................................8 6.Implementation ......................................................................9
7.Reference ................................................................................10 Executive summary This contextual analysis is concerning the issues of an
acknowledged designing office. There square measure a few quantities of self–ruling and repair divisions amid an acknowledged designing
organization. A task is attempted by this organization to give wiring between sign boxes, administration rooms and route signal lights and supplies
were embraced by track flagging office. A few divisions like creating division, Advanced Telecommunication office and Drafting office can help
Signalling division. This undertaking is customary for a long time by the corporate however thereafter the boss working officer of the corporate has
asked to complete the venture in 1year, as a consequence of

Strategy Analysis : Strategy Management
There are huge attentions and momentum on strategy and a new approach to strategy sector has been label as a "strategy as practice" in the recent
years as well as past few years. The central theme is strategies as an activities and maximum interactions of people in organization (Johnson et al 2007).
In general view, "strategy–as–practice" as organizational staff's including TopManagement Team (TMT) and middle managers do and enact, involves in
various stages such as formulation, implementation and executing strategies (Johnson, Langley, Melin, & Whittington 2007).
In an essence, the strategy is beyond a direction or future blueprint for growth & sustain in the global completive environment rather than just an asset
of an organization. "The problem of performing strategy, how is it done, who does it and what they use to do it, is so important for both strategy
theorists and practitioners. (Jarzabkowski, 2005 :1)
Based on an "Activity Based View" and building on a general "practice turn" in social theory ( Schatzki, Knorr–Cetina, & Von Savigny, 2001; Reckwitz
2002) , strategy is perceive as a social practice very similar to many other practices. Particularly, from a social practice perspective, strategy is enacted
through a set of social interactions, regular conversations through which together managers and other staffs set out a direction for their organization
and initiated it. "Strategy is high level conceptualised as a situated, socially accomplished set of activity"

Management Analysis : Management Consultancy
"Management Consulting involves providing professional knowledge and skills and specialist advice to management or the clients. It aims at
improving organizational performance." The service does this by first pinpointing the existing problems of an organization and then proposing
solutions to said problems as well as helping with the execution of the solution to increase the performance of the organization. Today, with the
uncertainty surrounding the global economy, the management consultancy sector could not be more important. "With a total value of $250 million,
the global consulting sector is one of the largest and most mature markets within the professional services industry". Due to the nature of the sector, it
is clear that the... Show more content on Helpwriting.net ...
"The top four largest consulting firms, all with a heritage in the accountancy sector, known as the Big Four (Deloitte, PwC, EY and KPMG), hold
a combined 40% of the total consulting market." This has dramatically increased from a decade ago as these companies complete more mergers
and acquisitions. Deloitte has been ranked as the largest consultancy firm due to the fact that "Deloitte can build on the broadest palette of advisory
services compared with its peers, in particular when it comes down to implementation services." 2 As the world becomes more and more rooted in
technology and IT, companies that have been around for hundreds of years need to adapt and evolve with the times. This is why management
consultants have seen a growth in the sector as companies are bringing in more consultants to help with the digitization of the global economy. "In
terms of consulting services, the biggest growth rates were booked in technology (up 7.7%)" When looking at the Porter's five forces for the
consulting industry, the results are interesting. There is a medium threat to enter as there are low customer switching costs however the past success
of firms plays a big role in that firm being hired. As a result, it is harder for new competition to enter the marketplace as they will have no past
experience and will need a company to first take a chance on them as a consultancy company before

Public Policy Analysis And Management Should Be My Next Step
During an economics lectures the professor said to my class " I do not know whether the increasing income inequality is an issue or not". I was
perplexed. I thought the goal of Economics, as a social science, was to achieve the maximum welfare of people by using all the resources most
efficiently. So how is income inequality that renders many people worse off, not an issue? I knew he did not state his opinion to avoid introducing his
bias. However, if everyone in the world were to keep their understanding of justice and inequality to themselves without a meaningful dialogue, no
societal issue would gain attention or action. Realizing that I want to be equipped with tools necessary to take appropriate measures when welfare of
individuals is... Show more content on Helpwriting.net ...
They showed me that scientific methods involving quantitative and qualitative work could result in working solutions to some of the most complex
and pressing problems of our time. Chandra Talpade Mohanty's writings like Under Western Eyes: Feminist Scholarship and Colonial Discourses
(1984) provided me a theoretical understanding of my experiences as a transnational feminist and find my voice in discussions of global relevance. My
mentors at Iowa State University further encouraged my interest in policy formulation by exposing me to a host of socio–economic issues and conflicts
through their teachings. It is during the last three years of my undergraduate college career that I became confident about my decision to pursue Public
Policy.
On the recommendation of Dr. Teshome, a professor of Women's Studies and Anthropology, I opted to take a graduate level Anthropology course
called Global Development. For this course, I read various development theories in the context of social, political and economic disparities in the world.
We discussed the ramifications of certain development policies implemented in the global south. These theoretical texts along with real case studies
captured my interest in policy formulation and the role of gender in development. I presented my final project on feminist critiques of some
conventional

Analysis Of The Day Running And Management Of Trinity...
Report Trinity Lodge Hotel
This report will look at a detailed view of the day to day running and management of Trinity Lodge .
Situated in the heart of Dublin's business district and cultural quarter , near Trinity College , this family–owned guesthouse offers luxury en–suite
accommodation in an authentic Georgian townhouse Rich in character, Trinity Lodge is one of the finest examples of Georgian–period
accommodation in Dublin city center and it comprised of 3 restored original Georgian houses. The Lodge is a splendid craft of Georgian elegance and
contemporary style and comfort . With only 26 charming bedrooms, perfect for business and leisure travelers .
My role in Trinity Lodge is that of a breakfast chef and waitress . I deal with the customers and answer any query's they might have .
Because Trinity Lodge is a family run business and employs just 10 staff it has a small tight structure. As a result of this staff are delegated more
than one position . This structure comprises of , The Owner , takes care of wages and contracts . The Manager job title is that of Floor Manager ,
Human resource. She takes care of Hotel stock from food to bed linen to toiletries, she is in charge of the roster and making sure the Hotel runs
smoothly and efficiently whilst making sure all staff are trained and up to date with all haccp and various courses .
In order to keep a business competitive and successful the managers follow a process using a certain strategy to achieve its goals.

Emergency Management Analysis
Strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization on behalf of investors,
utilizing the assessment of the internal and external environments in which the organization competes. When evaluating an entity strategic
management is implemented to ensure progressive mobility for the organization, this includes ensuring you have the most effective and innovative
techniques for the growth. Emergency management requires strategic management both in theory and in application. The overall ability to express the
relevancy of strategic management as it relates to emergency management forces the discussion of the implementation/ understanding of the phases of
emergency management.
Strategic management simplistically means to ... Show more content on Helpwriting.net ...
Strategic management also includes implementation of plans. The overall ability of ability to have effective implementation of your strategy allows to
assess the effectiveness of your formulaic planning and data consumption.
Emergency managements last phase it the recovery phase. Strategic management utilizes evaluation and that is the same at the recovery phase in the
sense that you can see if your methodology is as effective or ineffective in regards to your goals. The measureable are able to be noted and then bring
the system full circle with recreating or altering the strategic planning.
The many factors of strategic management are implemented in every form. That is the separation between a business/organization and just an idea. The
strategy of developing methods based on data, implementing the methods and then reconstructing the strategy as you see the uncover opportunities for
improvement. Strategic management is a relevant to every organization or company that has a goal to be effective and progressive in their

Time Management Style Analysis
Overview of Time Management
Personal Anecdote
The act of time management has been a struggle throughout my life because I haven't always had a conscious choice in my actions. This inability to
manage my time effectively is explained through my diagnosis of Attention Deficit Hyperactivity Disorder (ADHD). "ADHD is a disorder that
comprises a constellation of symptoms including inattention, impulsivity, and hyperactivity." (Davidson, 2007, p. 628) The way the brain functions for
someone with ADHD affects the perception of time, planning, organisation, working memory, self–regulation, self–efficacy, among others (Davidson,
2007). Even though the way time management may vary for me in my execution, review and analysis of the current literature ... Show more content on
Helpwriting.net ...
A research study focused on using mental contrasting with implementation intentions (MCII) was successful for time management in effective goal
pursuit and behaviour changes (Oettingen, Kappes, Guttenberg, & Gollwitzer, 2015). Previous studies focus on teaching skills relevant to time
management while this method changes the way you think and believe, thus altering your behaviour which is more sustainable to improving time
management competencies (Oettingen et al., 2015). MCII uses the format of if–then plans such as "If... (obstacle), then I will... (respond to overcome
or circumvent the obstacle)." (Oettingen et al., 2015, p. 219) Since this can be attributed as a form of Cognitive Behavioural Therapy (CBT) it will
prove more beneficial with my ADHD (Davidson, 2007) and obtaining positive results. CBT is "modifying problematic thoughts and beliefs to create
changes in emotions and behaviours [which is] a therapeutic model focusing on training in methods of time management..." (Davidson, 2007, p. 636)
among others. This self–regulation technique focuses on more effective implementation of time management through if–then plans that will improve
thoughts, emotions, actions and behaviours when it comes to pursuing goals, scheduling activities, removing obstacles to motivation, and perceived
control of time, among others

Budget Management Analysis Essay
Budget Management Analysis
A budget is a tool that helps managers to ensure that the required resources are obtained and used effectively and efficiently as the organization moves
towards achievement of its objectives. A budget is stated in terms of money and is usually made for one year depending either on the prior year'sbudget
or on existing programs (Cleverly & Cameron, 2007, p. 330). Creating a working budget is a very difficult undertaking, and for the budget to be
functional, an organization must stick to the budget very closely. No matter how closely a budget is followed, there will be variances. Organizations
can expect such variances and be able to work such situations into budgetary ... Show more content on Helpwriting.net ...
Efficiency variance defines the difference between the resources used for the project and the estimated output on the budget. Managers wanting to
assess their organizational performance use efficiency measures for comparison (Cleverly & Cameron, 2007, p. 331). Finally, capacity variance
describes the difference between the time spent working and the estimated time of the budget. The difference between the budget and the total hours
worked form the equation (Baker & Baker, 2006, p. 135).
Strategies to Align Results with Expectations
Financial plans are based on the perception of the budget, expenses, and the revenue experienced annually. Most of the attention is based on strategic
management, like priority budget or long–term planning. Several techniques can be used to manage finances efficiently. One of the techniques,cash
flow assessment includes analysis of the budget variance. Cash flow usually tracks income against the amount spent. This often offers the discernment
of the organization to meet its obligations without exploiting its reserves (Baker & Baker, 2006, p. 137). Cash flows indicate the patterns that
could have an impact on long–term position of the organization. Several models of cash flow are applicable. Investment management is one model that
helps determine the amount of money an organization has for investment and the amount to be left liquid for circulation. Sizing cash balance is used

Training Day: Management Analysis
Michael Rounsavall 1/9/08 Management 202 Training Day: Movie Analysis The movie Training Day starring Denzel Washington,proved to show
many interesting outlooks of managing activities and skills that I have never even came close to noticing before. Alonzo Harris played by Denzel in
the movie expressed many forms of management throughout this movie. He displayed different basic management functions, fundamental management
skills, parts of the evolution of management, and also some other key management terms. Jake Hoyt, who Alonzo is supposed to give in an evaluation
on, also shows many different forms of management throughout this movie. The first thing I noticed during this movie was the basic management
functions that Alonzo ... Show more content on Helpwriting.net ...
After this Jake was able to take down Alonzo until they were outside, and Alonzo had all of his administration together. Alonzo ran a form of
administrative management throughout the projects, where he organized, lead, and controlled what went on, and how the operations were going to
take place (Griffin, 15). As Alonzo's organization realized how corrupt he really was, just like many higher level managers are accused of, they
stopped letting Alonzo control them, and allowed Jake to take Alonzo's stolen money for evidence. Jake definitely was not interested in the human
ethics movement whereas that workers respond social context of the workplace(Griffin, 15). Jake did a good job proving that he was very ethical
throughout this movie, and proved he was ready to move up to a higher position. Even though Alonzo did a good job displaying management skills, he
was very corrupt, and was cheating his way through the system. This movie showed how people could control an administration, but be shut down for
doing things the non–ethical way. Jake fought through this corrupt system, and showed great fundamental managementskills throughout this entire
film. I never realized how much this film actually showed related to the world of management until I

Strategic Management and Swot Analysis
Amongst all the novelties, trends, and fashions appearing in the field of strategic management during the last decades, the SWOT analysis, standing
for: strengths, weaknesses opportunities, and threats has enjoyed a long lasting popularity among both practitioners and researchers. The purpose of
this essay is to demonstrate that SWOT analysis can be used for both businesses and individuals. In the 60s swot analysis was invented at the
Harvard business School for the purpose of analysing case studies,it was the efforts of two business policy professors ; professor George Albert
Smith and professor C Roland Christensen. At Harvard in 1963 where a business policy conference was held about the SWOT analysis in which it has
been... Show more content on Helpwriting.net ...
When addressing the second issue Weihrich suggested the use of the interaction matrix but unfortunately his last suggestions was not made into
practice. After that Even Hill and Westbrook(1997) came along and pointed some other difficulties when using the swot matrix such as the length of
the factors listed ,the lack of prioritisation and the weight of the factors is not identified, in addition to that there is a lack of support of the statements
and opinions with data or previous analysis. In the same year Beeho and Prentice (1997) described the swot analysis as familiar and a user–friendly
method, because there is no need for a computer systems, special software or complex information to conduct a swot analysis. But it has got several
shortcomings such as the factors listed in one category can fit into others, and there is clear lack of specificity and accuracy when describing the
factors, in addition to that some factors represents opinions not facts. These two authors also said:" Owing to its simplistic nature and ease of use, the
technique has been used in a slack manner and is susceptible to subjectivity and bias from managers who can present an unrealistic appraisal of
company attributes."(Behoo and Prentice 1997) Finally Hussey (2002) identified other weaknesses about the swot matrix from the perspective of
managers where he says that it is difficult for managers to

System Design & Management Analysis
SYSTEM DESIGN & MANAGEMENT ANALYSIS
System Design & Management Analysis
Veronica Brown–Corbin
University of Phoenix
Contemporary Systems Management
MGT/736
Brian E. Polding, Ph.D
March 12, 2007
System Design & Management Analysis Management must recognize the system design and management of an organization are subject to internal and
external influences. The internal influences include the management team and employee; and the external influences can include competitors and
customers. There are contextual/cultural factors and stakeholders that have an influence on the management system that is designed and implemented.
The contextual/cultural factors include key characteristics of the organization, internal and external ... Show more content on Helpwriting.net ...
Suppliers would also be a factor to include when considering customers and competitors. There are companies that suppliers are treated as partners
because they have a close relationship with organization. When the supplier has been providing raw materials or other products they become part of the
operation. For example, there are some Japanese firms that have partnered with their suppliers. The community and special interest groups can also
have some influence on the system design for an organization. The influence they exert cannot be ignored. Being a corporate citizen in a community
can be important especially when managers live in those communities. "Corporate citizenship: For many, it remains a diffuse concept, but generally it
speaks to companies voluntarily adopting a triple bottom line, one that takes into account social, economic, and environmental considerations as well as
financial results" (Richardson, 2007, p.92). When management designs a system its strategy and goals and objectives it will include its plan to
participate in the community. These are areas that the organization can have some control and plan to integrate into its overall corporate strategy. The
amount of participation that can be provided ranges from supporting individual employees to the company creating foundation to reach out to a larger
audience. "Internally, you need to consider employees, unions, the

Management Analysis, Contractors, Architects, And Management
When spectators see amazing sky scrapers or maybe a beautiful building, the first thing that they might think about would probably be how that
building makes them feel and why it makes them feel a certain way. They might stop and think to themselves "man I wonder how much money went
into this building". Rarely when do people think about the people that sat in a conference room, at an oval shaped table for hours trying to make things
come together. These people are CEO's, management analysis, contractors, architects, etc. These people are the little people behind those astonishing
buildings. Management analysist are important because they are the ones that handle the business's money, they handle any important documents, and
hold important ... Show more content on Helpwriting.net ...
The minimum requirement to be a management analyst is a bachelor's degree in any field but a business related field could be helpful when entering
this field. After gaining a bachelor's degree, others might choose to further their education by getting a master's degree or getting certified as a
management consultant. Having this extra education can change the job possibilities a candidate might encounter. "This program provides a
frame–work for the development of a full and well–rounded mastery of analytic skills for the management (or program) analyst, and commitment to
self–improvement" (Certificate of Accomplishment). For those that take a certified course in graduate school increase their knowledge and gain
experience about being a management consultant. When taking a course, it informs you about the work place and it also teaches about management
analysis more in detail. This information is important for any person interested in obtaining information about the business management field. Meeting
the right requirements is the first step in becoming an awesome management consultant, the second step would be to acknowledge what some of the
main job tasks are. Some job responsibilities a management analysis encounters on a daily basis would be to coordinate business events and prepare
and legal/non–legal documents needed for upcoming company projects. "Plans, organizes, and coordinates various projects,

Essay on Budget Management Analysis
HCS/571 Financial Resource Management
June 27, 2011
Dr. Lena Watson
Budget management analysis is used by mangers as a tool and helps determine that all resources available are being used efficiently. The budgets are
determined yearly and are based upon the previous year's budget and variances. This paper will discuss specific strategies to manage budgets within
forecast, compare five to seven expense results with budget expectations, describe possible reasons for variances, give strategies to keep results aligned
with expectations, recommend three benchmarking techniques, and identify those that might improve budget accuracy, and justify the choices made.
Strategies to ... Show more content on Helpwriting.net ...
Variances may be within the budget which is favorable, or over the budget which is unfavorable. The variance is used to predict the budget for
upcoming years, help with spending during the current year, and help with evaluating the managers and their departments. To determine the cause of
variances the managers must investigate and justify to upper management why the variance occurred. There are a variety reasons for variances, which
must be identified and controlled if possible.
While analyzing the nursing expense results from various units for a pay period, there were some favorable and unfavorable variances. While
reviewing the expense record the paid productive hour's variance was within the budget and the paid nonproductive hour's variance was 60 hours over
the budgeted hours. The unfavorable variance of paid nonproductive hours may have occurred due to some staff being on modified duty, sick leave,
meeting time, or education time, which means they are getting paid with no patient care involved. The overtime percentage of hour's variance was
7.5% over the budget and the registry percentage of hour's variance was 8.0% over the budget, both are unfavorable. The overtime may have been
caused by bad time management, late arrival of the next shift, or working past shift hours due to not enough staff. The increase in the registry hours
may have been due to not enough regular staff due to

The Technical And Management Challenges At Big Data...
1. Abstract: Inventions in technology and excessive use of digital devices have presided over today's Age of Big Data, in Three V's of data. These
data allows the users to enhance the social security, understand the existing systems and to track improvement progress. For example, transforming
Big Data (banking transactions, call records, online user created data like Tweets and blogs, online searches, etc.) into useful data needs
computational methods to reveal structure among and inside these very big socioeconomic data. The data driven management is now familiar
and there is increasing interest for the concept of "Big Data". Currently there is a gap between its insight and its potentials of Big Data. This paper
highlights five steps in analysis of big data and discusses what has already been done. This paper also list out the technical and management
challenges in Big Data analysis. We begin by considering the five stages in the pipeline, then move on to the challenges, and end with a conclusion.
2. Introduction Today data is being flooded in all means as it is being collected in unprecedented ways. Decisions which were taken by way of
guesswork and difficult models can now be made on the base of data itself. Big data analysis can be dream on every aspect of today's society – Mobile
services, manufacturing, retail, life sciences, financial services and physical sciences. Big Data has the potential to revolutionize scientific research,
education, use of Information

PESTEL analysis is a tool or framework for marketers. It is very effective when seeking to analyze and screen the external marketing environment of
the company. Strategic management tool gauges the macro environmental factors. It is prudent to follow PESTEL framework since different
macro–environmental factors can affect a business strategy. PESTEL framework are interdependent of each other, they are dependent factors.
Understanding PESTEL is critical prior to entry into a new country. The fact that a strategy is compatible with PESTEL in the homeenvironment is no
guarantee that it would work in another country. Therefore, thorough research needs to be conducted to ensure that Home Depot would be successful
in West Africa, Ghana. When entering into a foreign market, it is important to consider the relevance of each of the PESTEL factors to the context.
The company needs to identify and categorize the information that applies to these factors. Finally, there is the need to analyze the data available and
draw conclusions to its findings. It is important to analyze the PESTEL framework and answer some questions. PESTEL entails;
Political Factors The political environment can have significant impact on a business. It affects consumer confidence and business spending. The
political stability of a foreign environment is important to consider for companies entering new markets. The government's policies pertaining to
regulations and taxation vary from country to country. It

Quantitative Analysis : Project Management
Project Management
Anthony Redhead
Grantham University Quantitative Analysis (BA 520)
Introduction
Project management is known as a discipline of carefully projecting or planning, organizing, motivating and controlling resources to achieve goals and
meet specific success criteria. The tools that will be discussed have been used by non–profit organizations, and small businesses that will point toward
best practices that are general, tactical, and practical. In order to keep any project on course, the parties involved need to know something about project
management. There will also be a discussion on the three basic types of business projects, and how they help in project management, as well as how
software is important to project management.
Project Management Business owners, executives, and other working professionals, have at least once played the role of project manager in the
capacity of planning a process or system within their business or organization. Depending on the level of the business or organization, project
managers would need advanced degree or certifications with experience and specializations of the organization itself. In any case, it is important to
have experience and insight of the project(s) in order to be organized and meet the objective of the project intended. Therefore, in order to keep the
project on course, the parties involved need to know something about

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