Week1 dq1 1. Think about functional areas within an organization, such as human resources, sales, and production. What are their roles? How do they use information? How are software and hardware used in these departments to meet their informational objectives?
Businesses require a tool to measure the execution of objectives. As far as the goals of objectives they are supposed to align with a stated vision and mission. Effective objectives ensure that daily activities align with the big picture or if there will be a need to adjust redirect focus. A balanced scorecard is a tool, generated by Robert S. Kaplan and David P. Norton. Authors Pearce and Robinson (2009) suggest, a balanced scorecard “Is a set of measures that are directly linked to the company’s strategy,” “Directs a company to link its own long-term strategy with tangible goals and actions,” and “Provides a framework to translate a strategy into operational terms” (p. 202).
HCS 405 (Health Care Financial Accounting) All Assignments and D Purchase here http://chosecourses.com/hcs-405-health-care-financial-accounting-all-assignments-and-d Product Description WEEK 1 Discussion Questions 1 and 2 HCS 405 week 2 Individual Assignment - Reporting Practices and Ethics Paper • Resource: Grading criteria located in Week Two on your student website. • Find two or three articles that address financial reporting practices and ethical standards in health care finance, including the following topics: o Generally accepted accounting principles o Corporate compliance, ethics, or fraud and abuse • Write a 700- to 1,050-word paper on the financial management of health care organizations,
This is when an auditor does an actual review of the processes and the security of these processes and makes “professional recommendations” on the implementation of systems, the security of the systems and software, and even recommendations on better implementation of the database management. SAS 70 is important for all processes, electronic and manual, that may be outsourced to third party companies or may be maintained by third party software. This report provides the company as well as the third parties with a report that provides information on the internal controls that are in place and their effectiveness within both businesses. This allows the organizations to determine whether or not they need to make changes to their processes to ensure the security of the data that is being shared between parties (Hunton, 2004, p. 217). Finally, SAS 94 addresses the need for the auditor, and its firm, to fully understand the programming and technology that is being used for any given company.
1. What are open standards, and what, if any, are the advantages of such standards? Open standards is a strategic issue for industry, governments and users. Open standards enable industry to provide software and services that meet customer requirements today and in the future. In a networked ecosystem there is the need for end-to-end solutions with pieces of software from different vendors working seamlessly together.
Audit productivity software enhances the audit process in various areas, such as storing data, generating reports, scheduling, and planning execution. The following list shows some functions Kudler can access when using an electronic
Unit 44 Manage Team Performance - Outcome 1 Understand the management of team performance 1.1 Explain the use of benchmarks in managing performance In order to answer this question we need to understand what the word ‘Benchmarking’ means and what is achieved by ‘Benchmarking’ Definition - A measurement of the quality of a company’s policies, procedures, products, programs, strategies, et and their comparison with standard measurements, or similar measurements of its peers. Other companies within the same industry or that set by legislation Now that we know what the meaning of benchmarking is, we can now understand how best to use benchmarking and the objectives that they help a manger set and achieve The objectives of benchmarking are (1) to determine what and where improvements are called for, (2) to analyze how other organizations achieve their high performance levels, and (3)to use this information to improve performance. So why do companies and Managers use bechmarking? The process of benchmarking, or identifying the best practices that exist in your particular business or industry, is a method that is rapidly gaining a reputation for helping businesses improve productivity and profit. Benchmarking, which set standards for operation through measurable, scientific, or business methods, is a concept that has developed and solidified into a clear series of steps that benefit industry or businesses as a whole.
Unit three: Principles of managing information and producing documents Section 1 – Understand the purpose of information technology in a business environment 1. In relation to your current business environment (or one that you are familiar with), identify at least two different types of information technology that may be used when completing work tasks. Word processing Spreadsheets 2. What are the benefits to businesses (and others) of using information technology for doing work tasks? Speed Flexibility Quality New possibilities Efficiency Ref: IT for Business Success http://smallbusiness.chron.com/information-technology-business-success-4019.html Section 2 – Understand how to manage electronic and paper-based information 1.
Internal and external participants and the use of the internet and access to all supply chain management and business to business management or information, has the capability of initiating a different market plan or changes to a proposal if necessary is made possible. Technology allows businesses to identify demographics, tune into consumers shared experiences and problems and resolutions. Conclusion The problems that Home Depot faces are effectively trying to customize all consumers and value chain needs (The Home Depot U.S.A., Inc., 2003-2006). A possible solution for addressing and fulfilling the organization’s mission is to make exceptions instead of following the rules. Home retail improvement products and services in the future will gain efficiencies from procurement, distribution, outsource and reduce transportation cost and take on competitive pressures through development of more new products demanding customizations from business partners.
b. Outline the pros and cons of the two alternatives and make a recommendation to Fred about which is better. The first alternative of a downloaded application that would communicate with the DRUB server would be a client based architecture where the main functions would be performed by the client. The second option of a program where C++ program runs on the server and end users access the program via the web is a client-server architecture where the functions are shared between the client and the server. The client based architecture works very well according to FitzGerald & Dennis (2009), “The application software on the client computers is responsible for the presentation logic, the application logic and the data access logic; the server simply stores the data (p.43).” The issue with the client based architecture is that the data must travel between the server and the client.