Free Essays on Budget to Get Inspired & Learn by Example

Introduction

Balanced budget is a typical story in the science of economics. There is a general belief that the balanced budget is better than the unbalanced budget situation. To understand the background of the belief of a balanced budget, one needs to know how the budget system works.
Budget is a sheet indicating incomes and expenditures of a government. Government incomes are mainly taxes collected from people and companies. Tax laws are arranged by parliamentary of a country. Government is responsible for determining areas where taxes will be spent. Government that receives most of the votes in elections and depending Continue reading...

Management Accounting Case Studies

Management Accounting Case Studies
1. Case 9-43

Executive summary

Jack Riley, as a budget controller in the division of social services for the state, practices the participative budgetary approach within the division. Jack Riley’s budgetary policy prescribes for department managers to prepare preliminary department budgets in compliance with set spending constraints that are further reviewed and, as a general rule, reduced by the division’s senior management. Afterwards, the department managers are responsible for fulfilling the reviewed budgets and are to account for any excessive expenditure incurred by their departments.
After analyzing Jack Riley’s budgetary approach, the following deficiencies Continue reading...

Abstract

Capital budgeting is the basis for planning and forecasting activities of any organization. Capital budgeting is the process of selecting and implementing nai-more efficient capital projects from the perspective of maximizing the rate of return and minimize the cost of their funding sources. Thus understand the need and importance of capital budgeting, both for business and for the economy as a whole. Planning - this attribute is not a single economic entity, not the requirements of today's business environment, it is a natural strategic and tactical business development.
The activities of businesses are so diverse that the goals and Continue reading...

The City and State

Poor budgeting has a number of implications of conventional performance. Arguably, several ideologies imply that poor budgeting has a critical effect on budgeting in organizations. Evidently, one of the key problematic areas in most contemporary business is the adoption of traditional budgets. The annual budget has a critical impact on performance as compared to strategic performance-based budgeting systems. As such, it is evident that most of the organizations that indicate poor budget implementation, commonly known as budgeting slack can largely impact organizations in a negative manner. The analysis of the impacts of poor budgeting in organizations has prompted organizations Continue reading...

There are five main steps to budget building process:

Building a budget team: This is important so that representatives from all departments can be a part of the budget team and incorporate their ideas and suggestions in budget building (FMA, 2014).
Budget calendar: Calender is designed generally six months before the end of the fiscal year, and separate calendars are established for monitoring of the budget and internal management and reporting tasks. The Chief Financial Officer drafts the budget calendar and meeting dates (FMA, 2014).
Preparation for the budgeting process: This involves setting of goals, building up financial data and design of budget team. In this the design Continue reading...

General Motors is a well-established automobile company that designs, markets, distributes vehicles and automobile parts, and sells financial services. It is a multinational corporation with many divisions worldwide enhancing its goal of reaching a wider range of clientele. There are definitive reasons why General Motors should prepare a budget at the beginning of every accounting period. The objective of all enterprises is to maximizeprofits, and this is achievable by controlling expenses. A budget monitors progress towards the set targets, and costs do not exceed the allocations. The company should also prepare a budget to guide the decision-making revolving around Continue reading...

Question 1

JCDecaux is the world leader in the business of outdoor advertising. It was established as a private company in France in 1964 by J.C. Decaux to exploit a simple business concept: to provide street furniture for cities such as bus shelters, billboards or information panels in exchange for the right to place commercial advertising on its structures (JCDecaux, 2012 annual report). The concept proved to be successful and today JCDecaux is a public company operating in over 60 countries across the globe. From financial perspective, its business model can be described as follows: upon winning a long term contract ( Continue reading...

Review of State Budget

Budget reviews are a comprehensive examination of state funds and their appropriations in order to fulfil the state’s obligations to its citizens. It assesses not only the budget estimations, but also the reviews the earmarked funds and expenditure. The state of Alabama has a two separate earmarked revenue model, one being the General Fund Budget and the other is a fund for education. The paper is a review of the state of Alabama general fund budget and the Education Trust Fund budget for the financial years 2014, 2015 and 2016.
The Executive Budget Office (EBO), a segment of Continue reading...

Government Financial Administration: Stages of Budgeting, and Public Policy

There are generally 4 stages in the budgeting process: preparation, approval, execution and auditing. Each of these parts is necessary to the entire process. Most importantly, the relationship between public policy is reflected in each of these stages. This paper provides an overview of these four stages, as well as how the said relationship between budget and public policy is manifested in each of the stages.

Planning

The process of planning a budget starts several months before the end of the current fiscal year. In the next fiscal year, the focus turns to the following fiscal year’s budget. Planning Continue reading...

A number of times many of the government organizations fail to meet their budgeting financing needs based on a number of reasons. Many attach these to limited funding that affects their ability to meet the needs of their people as a result affecting the service delivery aspect of the counties. In response to this, the heads have advised for budget cuts to reduce on the level of financing accessible and hence increasing the funds that the government has at its disposal to spend on the most relevant projects. The counties are forced to exercise budget cuts as a way Continue reading...

Introduction

The financial system of the country is the whole sphere of economic relations of all business entities and government bodies involved in economic life, as well as regulating economic relations within national boundaries. Since the market economy, as well as in transition, virtually all economic relations exist in the form of commodity-money, so far almost all of them appear to exist in the form of cash flows. Enormous diversity of species of these streams forms the country's financial system. In the financial system allocates public finances, finance companies and finance people.
Subsystems called major components of complex systems, which Continue reading...

Implementing the budget

Variances
The department has a budget listing the budgeted annual revenues and expenditures. The actual expenditures are given for the first and third months. Given the percentages spent for the first and third month, I obtained the monthly budgeted amounts by multiplying the respective percentages with the annual budget figure. The department received $2 million of federal aid in the first month. According to the percentage spent for the month, the estimated federal aid for the month was $2,490,000. This implies that the department had an adverse variance of $490,000. The variance for the same revenue Continue reading...

The data available in the budget sheet may be presented in a systematic manner by using graphical representations. The categories identified and their representation in the graph over different terms of the year can be given as:

Income Projections for 12 terms for three years.

Expense projections for 12 terms for three years:
Net profit Projections for 12 terms over three years
Meeting Minutes of Financial Discussion:
Agenda of the Meeting: Evaluation of budget for 12 terms over three years: 2012, 2013 and 2014
The meeting for the assessment of the prepared budget was successfully conducted, and the following discussions and decisions were decided.
The evaluation of Continue reading...

Introduction

The tax impact on the economy is carried out by conducting fiscal policy. Fiscal (fiscal) policy is the government's measures to change government spending, taxation and state budget aimed at ensuring full employment, balance of payments, economic growth in the production of non-inflationary GDP (GNP). The main instruments for the implementation of fiscal policy are fiscal and budgetary controls. For tax regulators are installed types of taxes and fees, their structure, objects of taxation, payments subjects, sources of taxes, rates, incentives, sanctions, terms of collection, methods of making, and others. The budget controllers are the level of centralization of Continue reading...

Question 1

American presidents have in the past characterized the state of the union as strong and as a matter of fact President Obama stated that it was the citizens who made it strong. The state of the union gives the president the opportunity to say some optimistic things to the citizens. President Obama on the 27th state of the Union urges the Americans that they are one family, and they should continue working together in order to develop their economy. He starts by stating that they belong to the American family where every faith and race and their point of Continue reading...

Introduction

The DHS agency is the Oregon’s primary agencies for helping Oregonians achieve independence and well-being by exploiting opportunities that protect, respect choice, empower, as well as preserve dignity of the Oregonians. The mission of DHS agency is to ensure that the less vulnerable in the society are not taken advantage of. The goal of the DHS agency is to provide direct services to more than one million Oregonians each year. The DHS agency has several departments just like other agencies. The departments range from human resource department, the finance department, management to several other small departments. The DHS Continue reading...

Thinking and Feeling

Among the keys to the continuity of businesses is the utilization of sensible regimens for budgeting, subject to their various peculiarities. Understanding priorities when it comes to resource allocation provides the impetus for proper budgeting, especially if businesses have plans not just for continued operations, but also for expansion. With that, businesses must have the following considerations for budgeting: short-term goals (e.g. maintenance) and long-term goals (e.g. expansion). Drafting plans for budgeting in view of both short-term and long-term goals enables businesses to reach their prospects, which are in line with their vision-mission. At the same time, budgeting must Continue reading...

Budgeting ProjectIntroduction

There have been changes in the demographic, social and economic set up within the geographical under consideration. These kinds of changes are usually impacting the schools budgets such that the fluctuations being experienced need necessary adjustments to the budget. As is in the current case, changes in the population have brought about effects to the number of students enrolling in the schools. For this reason, the staffing of the organization needs to be altered to ensure that it meets the need of the society.
It is common knowledge that only those institutions that are flexible and adapt to changes Continue reading...

Top-down budgeting approach or the bottom-up method

There are two main approaches to designing a budgeting proposal – a top-down approach and a bottom-up method. The top-down approach is where the total budget is set on the top and then is broken down into the components within the budget. On the other hand, the bottom-up approach is where the plan of the budget is decided, things are scheduled, and then the total budget is designed. The top-down budgeting approach is better because the management decides the budget at the initial level and then the tasks are scheduled accordingly, and the budget allocation is done likewise. Along with Continue reading...

Overview

Government refers to a financial document that the government uses to estimate the expected revenue from taxes and other investments as well as the expected expenses that the government would incur during the year. The document serves the basis for the government to match the government’s investment plans as well assist in developing policies that would safeguard the country’s economy from unforeseen events. There are three categories of a state budget that include a surplus, balanced or a deficit budget. Due to the unexpected nature of the economy, the government may be prompted to replenish estimated budget Continue reading...

An imposed budget forecast approach does not allow input from those who are directly affected by the process. This can tend to make the employees feel that they are unimportant and that management is concerned only with meeting budgetary goals and not necessarily with the well-being of employees. The employees will probably feel less of a bond with the organization and will feel that they are meeting standards set by others.
Discuss additional behavioral implications of planning and control when a company’s management employs an imposed budgetary approach and a participative budgetary approach.

Imposed Budgetary Approach

An imposed approach is impersonal Continue reading...

Executive Summary

UC Berkeley is a highly decentralized public university. Historically, Berkeley promoted decentralization as it helped in flexible operation, innovation and creativity. However, it failed to realize that a decentralized organizational structure for service departments often results in inefficiency. Till 2005, Berkeley IT department mostly operated as a decentralized model. This created resource constraint, redundancy, budget constraint and poor quality of service. There was a CIO for the decentralized IT departments, but he had little idea about the operations of the individual departments and therefore, he was unable to defend IT budget requirements for the future IT initiatives. However, after Continue reading...

Introduction

Turning out to be a peak-performing business sale expert is not merely held in reserve for individuals talented with ordinary skills as well as abilities, nor is it an easy title to earn. By the side of qualified sales representatives, we accept as true that successive in sales necessitates thoughtful in addition to performing central part strategies plus tactics — furthermore, holding on a demonstrated line of attack that spotlights on getting to the bottom of customers' inconveniences and understanding where they are in the big business process. Financial seminars are the most effectual and well-organized tool for marketing your Continue reading...

VICTORIA'S SECRET IN MOROCCO

CONTENTS

Introduction. 3

Marketing Mix. 3
Promotion Plan. 5
Promotion Budget & Implementation Calendar 6

References . 9

Victoria's Secret in Morocco
INTRODUCTION
Victoria's Secret (VS) is a U.S.-based women apparel company. Founded in 1977, VS has continued to grow into a unique women wear brand in U.S. So far, VS has international presence in Canada and Kuwait. Predictably, Canada is similar to U.S. market in many ways, not least clothing culture and wardrobe portfolio. Unsurprisingly, VS has 42 stores in different Canadian provinces, a distribution which emphasizes U.S.'s and Canada's cultural affinity, not least clothing (Victoria's Secret Store Locator, n.d.). Kuwait market is, however, Continue reading...

Current Issue in Education

Introduction
Education is one important aspect that the government should put emphasis on. Good quality education should be provided to the citizens of a country in order to produce people who will be an asset to rather than a liability. Producing citizens who are efficient, competent, and productive makes a country progressive as well. In this regard, the best place to mold the citizens of a country is in schools. Schools prepare its graduates so that they may become globally competitive in the real world.

Initial Educational Reforms

No Child Left Behind Act
Additional Budget for Education
Another reform implemented by President Continue reading...

The success of a new venture begins with a well and carefully designed financial business plan that can serve as a skeleton or basis of the operation especially for the start-up businesses. An entrepreneur, together with his/her accountant, should allocate a maximum limit of capital for operating the business and estimate the time and rate of return on investment. There should also be a prepared financial risk management plan to ensure the profitability and continuity of the business. This paper will discuss and present a financial business plan for a new venture, the children’s pastry and clothes shop Continue reading...

Introduction

In this report I will present my goals for 3 time horizons: short-term, mid-term, long-term. I will also present my cash budget for my first working year and analyze whether it allows me to do what I have laid out in my goals list. Then I will discuss the effect of my budget on my net worth for next year, answer to the questions asked and conclude.

Discussion of goals

In worksheet 1, I have laid out 5 goals for myself. The first goal is to drive a BMW sedan. I am a car enthusiast and really like BMW and Mercedes cars. Continue reading...

1. President’s Sense of the State of the Union
In President Obama’s mind, he is presiding over a stable, growing, economy and is a force for peace throughout the world. He cited the end of war in Iraq and Afghanistan, consistent growth in the US GDP and consistent growth in job creation. He made the case that the shadow of crisis has passed and that the state of the Union is strong. His body language and tone gave every indication that he sees himself as a strong successful leader and that his biggest problem is that those Continue reading...

Abstract

Healthcare industry is subject to changes relating to service cost management with the changes involving regulation and policies ranging from federal to the state as well as the payment systems; all affecting healthcare institutions decision-making in addiion t o budgeting. The analysis used the case of West Florida Hospital that offers an extensive array of treatment and rehabilitative services mainly providing services to individuals having activity limitations. The institution has been identified to have been applying flexible budgeting, as well as a combination of pay systems.
Those systems include the use of codes in billing as well as the Continue reading...

The politics of Virginia has over time changed from conservative to a pluralistic setup; it likewise stopped being single-party nation in the 1970. The black community living in Virginia were oppressed and denied their rights up to the year 1960 when a law was passed that protected everybody irrespective of race. The ethnic communities, for instance the Latinos have migrated to Virginia in large numbers forcing the Virginia government to include them in the voting process. The politics of Virginia has also not been stable for many years. There have been issues of political propagandas that have greatly affected Continue reading...

The cost of designing a website ranges from a few hundred to thousands of dollars, depending on a number of factors (Eccher, 2008). Failing to correctly budget for a website design leads to one of the following undesirable outcomes: Designing the website costs twice or thrice more than anticipated, leading to cutbacks or elimination of post-design marketing activities. The developed website will not be useful for lacking the required functionality. The Quality of the website will be compromised in terms of design, functionality and content, projecting a bad image of the business. Proper budgeting will help avoid such scenarios.
Continue reading...

Introduction

This financial year plan was the occasion for me to take an in-depth look at my financial situation and how it will change after graduation. I had to make compromises in order to be able to reach both my personal and financial goals. I will first present the goals I have set for myself – and why. Secondly, I will show how my budget had to be adapted and then I will show the forecast of my financial situation in one year.

Discussion

As can be seen from the worksheet 1.1; I have set 5 financial goals for myself. The short-term Continue reading...

Investing In a Brewpub: A Capital Budgeting Analysis

Investing In a Brewpub: A Capital Budgeting Analysis

Initial investments include the following (Table 1)
Capital Investments for the project “Investing in a Brewpub”
Note: Data taken from Investing in a Brewpub: A Capital Budgeting Analysis. International Research Journal of Applied Finance (2013)

On the last period, the Brewpub is sold for $20,000 (estimated recovery value)

The change in working capital refers to amount spent on inventory and receivables at the initial period of the project and later on recuperated at the 10th year.
Sales in “best case scenario” are 7 barrels per set a year which equate to a total of 560 barrels or 138,800 pints a year at $5 Continue reading...

Section A:

Cash is Key-An introduction
If ‘’ Cash is key’’ or if the profit is, this shall be the most debated question in every corporate book or discussion. It is undisputable that each of them has their own utility and no matter if the company is large-cap stock or small-cap, the long-term objective is the maximum profit only. Said in a different manner, whenever a business unit is start-up, the entrepreneur calculates his input cost, the selling cost and what will be the difference, i.e. the profit he will earn. Thus, every business house is genetically trained to think of profit Continue reading...

Who are the winners and losers in spending bill passed in January?

According to Forbes (2014:9), no shut down was identified whereas the Senate and the House finally resolved the differences which seem to be occur in 2015 budget. Into the fiscal year, a final vote was wrapped on the appropriations budget with the yes votes. It can be said that there are more than 1600 page bill that keeps the light on in Congress through September 2015. Majority employees pays raised were maintained under the bill at 1% which was hoped for 1.8%. Overall, the appropriations budget benefited by military garnering more than half of the budget at $585billion. Specifically, Continue reading...

Fresh off the State of the Union, President Obama must now start addressing the specific policies he recommended during the speech. This involves setting a budget for the next fiscal year. Today, Obama proposed a $4 trillion budget for 2016 in attempt to accomplish the goals he promised to the middle class workers in America. Obama’s plan appears to foresee a $474 billion deficit, while addressing many areas the Democrats have wanted to focus on for the last couple years, such as corporate tax rates and infrastructure reform. This budget would slightly reduce the deficit from last year. Continue reading...

Employee morale is a necessity for organizational success. The aspect to focus on in unit 5 is identifying the issues resulting in the reduction in employee morale and the solutions to these problems. Identification and elimination of these problems from the organization will maximize productivity through the increase in employee morale. Motivating employees is essential for the organization and this deliverable aims at focusing on the conduction of the research.
Employees will be the first-hand information for the research since they understand better the problems they face resulting to the lack of information. For my research, I will focus Continue reading...

In the development of the fiscal framework in this case, four options are raised. Option one offers a budgetary expenditure of 5.850 billion with budgetary revenues coming up to 5.190. In this case, a budgetary deficit of 660 million is expected for that year. The total debt for the province will increase by 570 million while the Total Cash Requirements in non-budgetary accounts will stand at 995 million. It also means that the revenue will grow by 9% though taxation rates will remain constant. The growth in expenditure and debt will grow by 7.3% and 10.2% respectively. The option Continue reading...

“Chesapeake Energy Cuts Capital Budget, Production Outlook”, Wall Street Journal, March 24, 2015

Chesapeake lowered its 2015 capital budget by not less than 10%. In addition, it sharply reduced its production outlook and became the largest energy company to do so responding to reduced prices of oil (Beilfuss 1). In relation to the chapter, capital budgeting involves the process in which the management decides the productive areas for investments. Capital expenditure consists of a remarkable quantity of money and, therefore, crucial to the achievement of the firm’s strategic plans. The company analyzed its profitability in the long run and therefore decided to take the most appropriate decision of cutting down the Continue reading...

Discussion

1. The household budget is a monthly activity that takes place at home. The process follows a predictable pattern. The money that comes in to the bank is the amount with which the household is to be run, including savings if any. To begin with the fixed costs of mortgage and school fees are paid. After that, expenditures towards groceries, stationery, food as required for sustenance for the month is catered for. Entertainment comes at Priority 3. If money is left over, it goes into savings.
As the budget is limited, most of the time there has to be Continue reading...

I agree that participatory budgeting has three primary benefits. First, it allows the employees own the budget, boost their morale by motivating them (Tanase, 2013, p. 1) and, therefore, increase productivity. Budgeting forms a critical role in any organization as it is the single most factors that allocate resources to different sectors in the firm. The role of employee in coming up with the budget is fundamental. First, the employees know the problems and the constraints that they are facing in their department. In this case, it is logical that they get involved in the process of budgeting so Continue reading...

Introduction

This work addresses the impact of budget cuts on health service provision in United States. It reviews the documented effect of cost cutting measures on staff performance, employee job satisfaction, retention and quality of care. High turnover of health staff has substantial indirect costs besides adversely impacting on staff morale, team spirit, institutional capacity and quality of care. Based on the literature review, some action points are suggested in order to reconcile with the budgetary constraints.

Background

Despite the highest per capita expenditure on health, the United States health care system is criticized for being too costly, unsustainable and inaccessible Continue reading...

The federal budget funds are targeted to provide social guarantees for US citizens and maintain sustainable development through economic growth. While the free market creates equal possibilities and competition that encourages companies to operate more efficiently by producing high-quality goods and providing top-class services, the prosperity of business does not always creates the background for the country’s development. Private business tends to invest in the most profitable projects. Therefore the government directs budget investments in the prior industries that are considered to be gainless or low-income by private entrepreneurs.
According to Perez et al. “periods with high levels Continue reading...

1. Why must small business owners concentrate on effective cash flow management?
Cash acts as a blood of a business and cash flow is the blood vessel that enables the business to lead a health operation. An effective cash flow is required to maintain the regular expenditure of the business. Without enough fund or cash, a business cannot proceed with its operations. It has been seen through research that most of the small business faces the problem of cash flow management that creates irregularity in the operations of the organization (Scarborough, p. 234). This occurs because small business has Continue reading...

Introduction

Benefits of Participating in School Sports Activities
Reasons for Dropout of High Schools
Consequences of High School Dropouts
Literature Review
Sports Help Students Develop A Connection with School
Limitations of the Current Research
Increasing Sports Budget Cut
Conclusion
Work Cited
Introduction
The term 'dropping out' refers to the act of quitting a school, college or university. In the USA, dropping out of high school refers to the act of a student quitting school before graduation or avoiding to enter a college or university for higher studies (Hemelt and Marcotte 2013). It cannot always be ascertained whether a student has Continue reading...

Introduction

Strategic planning is an essential process that enables organizations to plan their operations in such a way that that will ease in achieving the set strategic goals and objectives. It involves evaluating the current position of the organization’s performance as well as formulating and implementing new strategies and techniques that would improve the current situation. Strategic planning is influenced by the company’s vision and mission statement as they help the strategists understand the value and direction of the company while the objectives are essential in understanding where the company wants to be. Core competencies and core brand Continue reading...

Information System Design

{Author Name [first-name middle-name-initials last-name]}
{Institution Affiliation [name of Author’s institute]}

Introduction 3

Requirement Analysis 3
User Requirements Gathering 3
Company and Business Requirement Analysis 4
Problem and Opportunity Definition 4
Detailed Analysis 5
System Design Constraints – Obstacles and Risks 5
Project Planning 5
Project Goals 5
Scope of Work 6
11. What is the estimated timeline for project completion? 7
12. Who will be responsible for training the users of the new system? 7
13. Who will be responsible for maintaining the new system? 7

Availability and Allocation of Resources 7

Stakeholders Analysis 7
Project Plan and Approvals and Scheduling 8
Feasibility Study 8
Technical Continue reading...

1. Introduction
1.1 Purpose Statement
The purpose of the collection management policy is to provide clear guidelines that govern the collection of resources meant for reference and other uses in the academic library. The objective of the library is to be a comprehensive resource center that can provide reliable sources of information for academic purposes. Given the evolutionary nature of academic work, it is prudent to compare various works and resources to ensure that the information given in academic attachments such as reports and examination responses are accurate. Such accuracy is only achievable if the library embarks on the Continue reading...

Having been opted and summoned to manage an adequate and smart selection of disease management companies to contract a limited partnership, in terms of reducing costs and improving health outcomes in a North Carolina hinterland of an 875,000 sized community, the following is a sample that hopefully addresses a suggested model. The report shall propose an outline which possibly meets the specific interventions of that model, and name strategies and recommendations – along with cost projections suggestions over a ten-year period.

Basic Requirements

The disease management company hired should regard and comprehend, that although the Charlotte Mecklenburg area is not a Continue reading...

Introduction of agency

The Central Intelligence Agency (CIA) is the foremost organization that counters terrorism, gathers intelligence with global impact and functions independent of the civilian Government that funds it. The CIA masterminds some of history’s most impactful operations; taking down ruthless dictators, fascist governments and international terrorists. All the goals of the CIA revolve around the common objective to keep the US’s interests secure.

Reason for Selection

The CIA is a genuine public organization that employs over 20,000 Americans and several hundred covert operatives overseas. It also receives its share of criticism in handling assassinations, involuntary experiments, torture-laced interrogations and nurture Continue reading...

Introduction

Budgeting strategies are schemes that are implemented in the budget-making process in order to create a feasible budget in accordance with the organization’s mission and vision. There are many benefits to applying effective budget strategies including; increasing operational efficiency; complementing managerial decisions; planning the organization’s financial future, and monitoring the financial health of the organizations. Budget strategies are applied in institutions of nursing to assess medical errors, analyze and in turn provide solutions for minimizing the mistakes. Reducing the occurrence medical errors improves service provision in healthcare organizations. Strategies that were applied before include bedside documentation and Continue reading...

The budget process is crucial for any organization in making an annual plan on the ways in which it will spend its funds. The budget is meant to be cost effective to achieve efficiency and effectiveness.
The management of the organization has to be part of the team. This is inclusive of the managers of all departments for instance the nursing manager. Their role is to represent their departments and fully present their budget which will cater for their needs in order for them to achieve their goals. The representation is essential for people to air their views on Continue reading...

P&G’s success strategy in the market place are; Continuous focus on the company’s core business and continuous focus on the company’s leading brands, customers and countries with the aim of growing the market share in its core categories. The company has a strategy of growing leading brands and winning customers. Besides the company has a strategy to continuously develop higher-margin, faster-growing, more efficient health and beauty care business with a worldwide leadership potential. P&G has the strategy of continuously investing in lower-income clients in the developing market with the aim of increasing its market share in Continue reading...

Business

Section
Strategic Action for Royal Caribbean Cruise Line
A critical strategic issue facing the Royal Caribbean Cruise Line is to actively adopt environmentally friendly strategies.
What actions can the Royal Caribbean Cruise Line in order to actively adopt environmentally friendly strategies while at the same time achieving profit goals?

Stop dumping sewage into the oceans, ports and seas of the world using on-ship waste water treatment.

The strategic objective of the research project is to learn if Royal Caribbean Cruise Line can adopt an environmentally friendly way to discharge polluted water from the hull.

The financial objectives are to review the company’s annual report and find an affordable environmentally friendly strategy.

The strategic objective is to evaluate the opportunities the Royal Caribbean Cruise Line can adopt in order to meet environmental regulations on Continue reading...

Congressional and Senate Republicans have been dead set on repealing the Affordable Care (ACA) Act (Obamacare), but repeated effort to repeal the law in the house have since failed more than 33 times. However, with the midterm elections, the GOP took control of both the Senate and the House, but since president Obama has vowed to veto any bills seeking to repeal ACA, Republicans have resorted to cutting off funding necessary to implement the Act. Further, multiple GOP-sponsored lawsuits have been filed in multiple courts in the US, including the Supreme Court, challenging the constitutionality of varied provisions of Continue reading...

I attended the school board meeting at the Education Center on Thursday, March 26, 2015, at 5:30pm. The meeting lasted approximately one hour and was carried out in a professional, efficient manner. I found that the school board was very organized in how they conducted the meeting. They did not linger between topics unless it warranted further discussion.
They opened the meeting by welcoming everyone. The chairman of the school board asked everyone to rise and say the Pledge of Allegiance. This was followed by a roll call of all board members to account for everyone’s presence. The Continue reading...

A. Recommendation to improve current workflow in the plant:

There are 8 steps in the process of producing the Rugged Wear Work boot product for the company. The company is budgeted to produce 6 workboots an hour with a 40 hour workweek.

The work boot assembly schedule follows:

The current production line layout consists of 8 workstations performing each individual task. The current production line is as follows:
6 min 3 min
10 min 8 min 3 min 9 min
33

3min 4 min

It is recommended that the revised schedule should use five teams. Five teams would improve the effeciency of production. The maximum time of any workstation would 10 minutes and the total cycle time Continue reading...

“The US Federal Government budget has expanded so significantly that it compromises the efficiency of the Private Market”

I disagree with this statement. To begin with, it is apparent that the US Federal Government budget has expanded over the last ten years. Most of these increases/ expansion have been experienced in the security and health sector, while other sectors have experienced relative budget cuts. There are also proposition to cut budgets on certain issues such as health care and social security by 2024. The expanding budget can be attributed to rapid population growth and increasing demand for certain public resources and services. Despite the fact that the US Federal Government budget has expanded, it would be considered Continue reading...

Target Market

In the present time, to have the healthy diet has become fashion. In previous time, huge junk food used to flood in market, but the improvement in living standard, modern people tired to have the greasy food that is natural, healthy, and nutritious, which long towards experience of giving original flavor and taste of natural foods (Alipour, Hajaliakbari & Javanbakht, 2011). The company targets all age group of people, but their main focus is on those people, who prefer healthy diet.

Unique Selling Position

The unique selling proposition of Soup Store Front is that, their soups are made with real vegetables, which help Continue reading...

Through the Brownfields Partnerships, the US Environmental Protection Agency has collaborated with the South Florida Metropolitan to facilitate environmental protection and sustainability in the region (Brookes, 3).

Mission

US Environmental Protection Agency is driven by the mission to protect environment and Human Health. The protection of Human Health covers all Americans and is undertaken through a collaborative approach with the federal government (www2.epa.gov).

Purpose

The main purpose of the US Environmental Protection Agency is to promote sustainability and health through protection of the Environment. This is achieved through formulation of laws and enforcing laws that have been passed by the US Continue reading...