Franklin Planning Management BM 291 Planning Management BM 291 ------------------------------------------------- Electronic Assignment Cover sheet Student (s) Number as per your student card: 1568570 1732373 1770749 1679946 1633416 Course Title: BA (HONS) Marketing with Event Management BA (HONS) Project Management BA (HONS) Business Management Lecturer Name: David Wallace Module/Subject Title: Management BM 291 Assignment Title: Planning No
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THE MANAGEMENT PLANNING FUNCTION Planning - is determining what needs to be done‚ when‚ by whom‚ how‚ and within what cost in order to achieve an objective. It is the work that a manager performs to predetermine a course of action. * Provides the means for achieving a purpose‚ makes the best use of resources‚ makes a manager’s work easier‚ encourages teamwork‚ and forms a base for control. It is based on assumptions‚ involves change
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ACCOUNTING/291 Capital Expenditure vs Revenue Expenditure Carlos Flannigan XACC/291 Instructor: Tameka Johnson October2 ‚2014 Expenditures are unavoidable for any company to exist in the competitive market‚ to expand the business or to find new opportunities to open up beneficial business
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Revenue sources Education systems need to raise sufficient revenues to ensure that‚ if used efficiently‚ students may reach appropriate learning goals at each education level. In general‚ countries raise revenues for education through three broad sources: international‚ public and private. A big challenge for many countries is raising sufficient revenues to expand enrollment while maintaining‚ or even raising‚ school quality. While increasing efficiency in the use of resources is necessary‚ countries
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DISSERTATION ON M EDICAL TOURISM IN INDIA: STRATEGY FOR ITS DEVELOPMENT CRISIL Y OUNG THOUGHT LEADER SERIES ‚ 2004 Submitted By Gowri Shankar Nagarajan‚ G-216‚ IIM-B Hostels‚ Indian Institute of Management-Bangalore‚ Bannerghatta Road‚ Bangalore – 560076 Email: gowris03@iimb.ernet.in Phone: 91-80-31 Word Count: 2508 (Excluding References‚ Appendix‚ Footnotes & Table 1) INDIAN INSTITUTE OF MANAGEMENT BANGALORE CRISIL Young Thought Leader Series‚ 2004 Gowri Shankar Nagarajan
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PLANNING Thinking and looking ahead Process of establishing objectives and appropriate courses of action before taking action Why plan? To be: a. EFFECTIVE – being able to realize the objectives - “doing the right thing” b. EFFICIENT – being able to spend the least amount of resources in realizing the objective - “doing things right” TYPES OF PLANS: 1. Strategic Plan - focused on the entire organization - top management formulates the objectives
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Company Central Problem ___________________________________________________________________ The Metropolitan Housing Project Company has to find a way to increase cash balance to pay liabilities‚ at the same time‚ not incur a loss‚ and increase revenue. Objectives of the Management: 1. To settle all liabilities relative to the project 2. To increase the cash balance to P2.348M 3. To complete site development and‚ 4. To sell all residential lots -------------------------------------------------
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OPERATIONS MANAGEMENT CASE 1 Shouldice Hospital Introduction Shouldice Hospital‚ set up in 1945 by Dr. Earl Shouldice‚ is located near Toronto. It follows the business model of focus on a single standardised service for a narrow target of consumers‚ rather than to provide customised solution (as in a general clinic or hospital). It focuses on providing quick‚ convenient‚ and reliable cure for external types of abdominal hernias. The Hospital uses its own technique‚ called the Shouldice
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Sales by venturers. 4. Joint Venture Cash 14‚300‚000 Joint Venture 14‚300‚000 Sales by salesmen 5. Joint Venture 684‚000 Joint Venture Cash 684‚000 Venture expenses 6. Joint Venture 72‚000 Income from Joint Venture 72‚000 Salaries to Roland as managing partner
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Revenue has become the lifeblood of the government from the moment the Philippines had been given the freedom to establish its own system of governance and formulate laws which formally states the people’s rights‚ duties and obligations. However‚ for the country to continuously sustain the needs of its citizens it has to generate revenues from the different sources available. How will the national government implement the maximization of revenues from local communities
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