Cost savings can be computerized accounting programs reduce staff time doing accounts and reduce audit expenses as records are neat, up-to-date and accurate. This system allows them to record business transactions accurately and generate financial reports quickly for management review. However if Rumble carry less transactions this means they won’t need to have computerised accounting system because it is very expensive for them to use. In this case it is best for them to have manual accounting system because it is reliable, cheap and easy to use. They can easily do their transaction without problems.
Information can be shared quickly and easily. Saves time and travel costs.Less bulky than paper records to store. The use of passwords limit access. | Lack of computer skills may restrict communication via computer. Record could be accidently deleted Security could be comprorised | Backing up work in case it is lost | The use of passwords limits access and maintain confidentiality.
• If coded, answers can be fairly easily collated and summarised, e.g. in charts, statistical form. • A large amount of data can be collected fairly quickly. • In general terms, questionnaires are relatively cheap – although not necessarily if it is a large project. • If sampled carefully, the data should be reliable and representative.
316) · Foucault - that social order is produced through the power of knowledge and discourse (that which is talked about), which are the products of historical processes (Silva, E, pg. 319) Buchanan’s and Monderman’s views on ordering public space will be used to further illustrate Goffman’s focus on the way people negotiate interactions with each other, his interactional order and Foucault’s emphasis on authoritative knowledge and application of order by authorities or experts. The two propositions are similar in that both are concerned with the wider questions of understanding how society is produced and reproduced and specifically how social order is made and remade. Goffman and Foucault both sought to make the often invisible social order visible albeit through differing mechanisms, Goffman through metaphor and Foucault through historical analysis. Similar claims were made around the ways of understanding singular issues in interaction, although Foucault focuses on the power of historical precedent and powerful discourse on shaping the individuals and society while Goffman focuses on individuals shaping society through their interactions, rituals and habits.
Value and cost of information. Competent marketing researchers show concern for estimating the value of information against its cost. Value/cost evaluation helps the marketing research department determine which research projects to conduct, which research designs to use, and whether to gather more information after the initial results are in. Research costs are typically easy to quantify, while the value is harder to anticipate. The value depends on the reliability and validity of the research findings and management's willingness to accept and act on its findings.
The aim is to critically evaluate different approaches to performance management and how they meet organisation requirements. This paper will introduce concept of reward, motivation and appraisal as a core functions in performance management as a strategic role for HR functionaries. Finally a discussion on how management have attempt to resolve their problems of converting labour potential in performance they desire by highlighting importance of motivation and reward in performance management, then attention turns into performance appraisal. 2. Performance management External forces such as competition, regulation and legislation have impact on organisational performance.
W. L. Gore & Associates – A Case Study Abstract One good way to gain the understanding of an organization is to examine its structure. Through this examination you can identify strengths and weaknesses within said structure and the organization as a whole. In this examination of W. L. Gore & Associates, it is noted that their structure is unique to say the very least. Their structure is far from a traditional organization’s structure. Many traditionalists feel that power, professional identity, visibility, and the facilitation of meaning-making processes are key factors in workplace productivity (Gluch, 2009).
This is not only about management, but more sort of a way to eliminate costs, that are not essential for production process. Most businesses that manufacture their product spend most time on inspecting quality and repairing faulty products, which aims to eliminate errors from manufacturing process, in this simple method. Greatest benefit of JIT is that business reduces operating cost, and therefore has advantage over its competitors. There is also a benefit of reducing manufacturing times and shortening delivery
The main difference is that in the interview, the questions are read out and the answers are filled in by a trained interviewer rather than by the interviewee. There are many practical advantages for the use of a structured interview for example training interviewers is relatively straightforward and inexpensive, since all they really required to do is follow a set of instructions. Moreover surveys that use structured interviews can cover quite large numbers of people with relatively limited resources because they are quick and fairly cheap to administer. Structured interviews are suitable for gathering straightforward factual information such as a person's job or age. Finally the results are easily quantified
It is difficult to measure a person’s attitude or belief based on observation alone. This is why self-reports are so advantageous to the researcher. They allow participants to describe their own feelings. They are normally quick to administer and do not require any fancy technology, providing convenience to the researcher. Another advantage of this method of research is it allows for the concise and exact use of words in writing the questionnaire, leading to more direct answers of what you are looking for.