Premium Essay

Chap 3

In: Computers and Technology

Submitted By munna1627
Words 901
Pages 4
Field exercises
1 In the given figure the organization has got three departments which are orders department, accounting department and payroll department. The activities which play a major role are order filling, invoicing, accounts receivable, inventory control, accounts payable, payroll and general ledger. Given a project manager the responsibilities of the manager would be mainly concerned with orders department which include order filing system which in turn has customer master file, inventory master file and back order file. The manager is responsible for the team work, initiation plan and design, work flow and order delivery. The manager should also maintain a good customer relation, which is not a major key role but also a challenging responsibility. Product delivery, project status, inventory control are the other major challenging responsibilities. The responsibilities which do not come under manager are payroll department, inventory pricing, invoicing system. These are handled by the accounts department and management department, the manager duty is to only handle his team and deliver the project on given time.

2 The steps involved in project planning:
Describing the project scope, alternatives and feasibility is the first stage of project planning where the reasonability of the manager is to give a brief idea of the project scope and its feasibility. The second stage is dividing the project into manageable tasks which helps the team members to allot the work among each group. Estimating the resources and creating the resource plan is a major responsibility of the manager to do before initiating the project which gives a budget of the project. Developing a communication plan helps the group members to communicate among each other and resolve the issues. Stage six which determining the project standards and procedures helps to follow a standard process…...

Similar Documents

Premium Essay

Chap 8

...CHAPTER 8 BOND MARKETS CHAPTER OVERVIEW AND LEARNING OBJECTIVES ( This is the second of six chapters related to the study of financial markets. They are: (1) Money Markets; (2) Bond Markets; (3) Mortgage Markets; (4) Equity Markets (5) Derivatives Markets; and (6) International Markets. ( In part four and five of this text we will study specific financial institutions and their involvement (investing and/or financing) in various markets. ( The bond capital market finances "real investment," including commercial and consumer real estate construction, business plant and equipment, Federal Government deficit spending, and bridges, turnpikes, etc. of state and local governments. ( Long-term securities are purchased by capital market investors who desire income over the long term – pension funds, mutual funds, life and casualty insurance companies, and individuals. READING THE WALL STREET JOURNAL The Credit Markets column, located in the Money & Investing section (C), provides a daily analysis of major happenings in the U.S. credit markets. Included are discussions about new bond issues, changing rates, issues facing bond investors, etc. Want to understand what drives funds into and out of bond markets? Read this column daily and learn! CAREER PLANNING NOTE: Bonds are investment banks’ savior during the times when stock markets do not do well. It’s not only companies that use bonds to raise money – governments and government......

Words: 4377 - Pages: 18

Premium Essay

Chap 6 Cost Leadership

...Chap 6 Cost Leadership Cost Leadership Strategies gaining advantage by reducing its economic costs below all of its competitors. 1. What are the major sources of cost advantages? a. Size differences and economies of scale: Exist when AC(Q)↓=TC(Q)/Q↑, until reach to optimal volume of production * Volume of Production and Specialized machines: Only big volume company has the ability to buy new machines to save cost. * Volume of Production and Cost of Plat and Equipment: Volume↑, per-unit-cost manufacturing operations↓ * Volume of Production and Employee Specialization: Volume↑, employment more specialized, cost↓ * Volume of Production and Overhead Costs b. Size differences and diseconomies of scale: when other firms grow beyond the optimal firm size, a smaller firm (which a level of production closer to the optimal) may obtain a cost advantage. * Physical limits to efficient size * Managerial diseconomies: too large to manage efficiently * Worker motivation * Distance to Market and Suppliers: transportation cost is too expensive and eat up those profit. c. Experience differences and Learning-curve economies: cumulated volume of production greater experience in manufacturing a product or service cost↓ * Learning curve vs economic scale: a) cumulated volume vs the volume at a given point in time and average units cost. b) Optimal volume affects cost per unit vs No optimal volume affects cost per unit ...

Words: 555 - Pages: 3

Premium Essay

Advanced Accounting 1e Solutions Manuel Chap 3

...CHAPTER 3 CONSOLIDATION SUBSEQUENT TO DATE OF ACQUISITION QUESTION SOLUTIONS 3-1. An 80 percent ownership requires the preparation of consolidated financial statements. Regardless of the method used to account for the investment on the parent’s financial records, the investment income or dividend income is replaced on the consolidated income statement by the subsidiary’s revenue and expense accounts. The equity method is required if the parent prepares separate financial statements. Search term “ownership” reveals 8 hits. The relevant item in this instance is paragraph 17, reproduced below: 17. The Board concludes that the equity method of accounting for an investment in common stock should also be followed by an investor whose investment in voting stock gives it the ability to exercise significant influence over operating and financial policies of an investee even though the investor holds 50% or less of the voting stock. Ability to exercise that influence may be indicated in several ways, such as representation on the board of directors, participation in policy making processes, material intercompany transactions, interchange of managerial personnel, or technological dependency. Another important consideration is the extent of ownership by an investor in relation to the concentration of other shareholdings, but substantial or majority ownership of the voting stock of an investee by another investor does not necessarily preclude the ability to exercise significant......

Words: 20856 - Pages: 84

Premium Essay

Chap 1 , 2 3,

...Chapter 1,2,4 Homework Jake Fischer BUS- 340 Mr. Ryan Kelly Jake Fischer BUS-340 Oct 2, 2013 Ryan Kelly Chapter 1,2,4 Online Research: Common Law Common law, system of law that prevails in England and in countries colonized by England. The name is derived from the medieval theory that the law administered by the king's courts represented the common custom of the realm, as opposed to the custom of local jurisdiction that was applied in local or manorial courts. In its early development common law was largely a product of three English courts—King's Bench, Exchequer, and the Court of Common Pleas—which competed successfully against other courts for jurisdiction and developed a distinctive body of doctrine. The term "common law" is also used to mean the traditional, precedent-based element in the law of any common-law jurisdiction, as opposed to its statutory law or legislation (see statute), and also to signify that part of the legal system that did not develop out of equity, maritime law, or other special branches of practice.  Chapter 2 - Problems and Problem Cases: Problem 6  Gray v. Tyson Background Jerrie Gray worked at the Tyson Foods facility in Marshall, Missouri from August 6, 1993 to March 16, 1995. During that time, plaintiff was exposed to comments, gestures, and physical contact that she found to be offensive and believed constituted sexual harassment. On February 6, 1997, plaintiff filed suit in this court seeking recovery under both Title......

Words: 446 - Pages: 2

Free Essay

Chap 3

...Chapter 3 – Conceptual Design: An Overview of Methodologies, Models and Notations CHAPTER OBJECTIVES (YOU SHOULD BE ABLE TO): 1. Define and describe a methodology. 2. Define and describe traditional, structured analysis & design, information modeling, and object-oriented methodology classifications. 3. Define and describe a Data Flow Diagram (DFD) and an Entity-Relationship Diagram (ERD). 4. Define and describe attributes, operations and relationships in an object-oriented methodology. 5. Define and describe the foundational characteristics of an object-oriented methodology. 6. Describe two classic information systems development challenges and their potential resolution. 7. Discuss Classification Theory and its relationship with object-oriented methodologies. 8. Describe Rational Corporation's Unified Software Development Process. 9. Define parallelism, substitution and omission. 10. Describe the Unified Modeling Language (UML) and describe Use Case, Class Diagram and Interaction Diagram. 11. Describe a simplistic object-oriented methodology for applying and using the UML. 12. Describe the foundational characteristics of the UML’s Class Diagram DESIGN A generic systems development life cycle (SDLC) was presented in an earlier chapter. You may recall that the purpose for this version of a SDLC was to give you a simplified way of sequentially studying the activities that are utilized to produce software-intensive information systems. In reality the......

Words: 13243 - Pages: 53

Premium Essay

Strategic Management Chap 3 Note

...Chapter 3 Note: Value-Chain Analysis: a strategic analysis of an organization that uses value-creating activities. This approach is useful for understanding the building blocks of competitive advantage. 5 Primary Activities: sequential activities of the value chain that refer to the physical creating of the product or service, tis sale and transfer to the buyer, and its service after sale, including inbound logistics, operations, outbound logistics, marketing and sales, and service. Support Activities: activities of the value chain that either add value by themselves or add value through important relationships with both primary activities and other support activities; including procurement, technology development, human resource management, and general administration. Primary Activities: 1. Inbound Logistics: receiving, storing, and distributing inputs of a product. It includes material handling, warehousing, inventory control, vehicle scheduling, and returns to suppliers. 2. Operations: all activities associated with transforming inputs into the final product form such as machining, packaging, assembly, testing, printing, and facility operations. 3. Outbound Logistics: collecting, storing, and distributing the product or service to buyers. These activities included finished goods, warehousing, material handling, delivery vehicle operation, order processing, and scheduling. 4. Marketing and Sales: activities associated with purchases of products......

Words: 687 - Pages: 3

Free Essay

Chap 3 Summary

...Claro Garcia NT1110 CS & L April 9, 2014 Chapter 3 Summary In the world of computers, input/output (I/O) devices are utilized to enhance, configure and control data transfer between the computer and external devices in a variety of ways. These devices use ‘ports’ to connect to either internal or external hardware to and from the computer. The ports are then linked to copper circuits and memory that communicate to the computer CPU, RAM and ports. This enables data transfer between these I/O devices and the computer. Nowadays, the Universal Serial Bus (USB) port is considered to be the most important I/O port among all other I/O ports because it has replaced PS/2 (mini DIN) mouse and keyboard, serial (COM), and parallel (LPT) ports in recent computer systems and providing greater speed. A recent computer desktop system has at least four USB ports and can support up to eight front-and-rear mounted USB ports. The three standard types of USB ports are (1) USB 1.1, (2) USB 2.0 a.k.a Hi-Speed USB -and (3) USB 3.0 a.k.a Superspeed USB and use either Series A a.k.a Type A or Series B a.k.a Type B types of connectors. Adding more USB ports can be done by using motherboard connectors for USB header cables, hubs and add-on cards. Serial (COM) I/O ports also known as RS-232 ports are used for external modems, serial mouse, plotters, label printers, serial printers, PDA docking stations, digital cameras and PC-to-PC connections used by file transfer programs such as......

Words: 1168 - Pages: 5

Premium Essay

Chap 16

...Questions 16–1 16–2 16–3 16–4 16–5 16–6 16–7 16–8 16–9 16–10 16–11 16–12 16–13 16–14 16–15 AACSB Tags Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Diversity, Reflective thinking Analytic Analytic Analytic Analytic Analytic Analytic Reflective thinking Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Analytic Exercises (cont.) 16–6 16–7 16–8 16–9 16–10 16–11 16–12 16–13 16–14 16–15 16–16 16–17 16–18 16–19 16–20 16–21 16–22 16–23 16–24 16–25 16–26 16–27 16–28 16–29 16–30 AACSB Tags Reflective thinking Analytic Analytic Analytic Analytic Analytic Communications Analytic Analytic Analytic Analytic, Reflective thinking Analytic Analytic Analytic Analytic Analytic Analytic Reflective thinking Analytic Analytic, Reflective thinking Analytic, Reflective thinking Reflective thinking Analytic Reflective thinking Communications Analytic Analytic Analytic Analytic Analytic Analytic Analytic Diversity, Reflective thinking Reflective thinking Reflective thinking Reflective thinking Brief Exercises 16–1 16–1 16–2 16–3 16–4 16–5 16–6 16–7 16–8 16–9 16–10 16–11 16–12 16–13 16–14 16–15 16–16 CPA/CMA 1 2 3 4 5 6 7 8 1 2 3 Exercises 16–1 16–2 16–3 16–4......

Words: 17693 - Pages: 71

Premium Essay

Chap 3

...CHAPTER THREE METHODOLOGY 3.1 HARDWARE EVALUATION The hardware specification of computers and devices that will exist in a network is key to having a reliable and robust network. Computers and other devices come in different configuration from different manufacturers, as a result selecting the right equipment for a network is very important. We also have to put compatibility into consideration when choosing hardware to purchase. 3.1.1 SYSTEMS HARDWARE System configuration determines their price in the market. We consider Servers and Client system specification in building a network. Servers always come with higher configuration compared to client systems; they handle requests from client systems all over the network therefore need larger resources to be effective. SERVER SYSTEM SPECIFICATION CLIENT SYSTEM SPECIFICATION 3.1.2 NETWORK HARDWARE Network devices are the backbone of any network. We take a look at a few network devices our network cannot do without e.g. switch, wireless router, and antenna. They also have their specifications which determine the efficiency of the network. A wireless network should be implemented with devices that can cover long distance without dropping signal strength. SWITCH WIRELESS ROUTER ANTENNA 3.2 SOTFWARE EVALUATION The whole purpose of a network is to provide a platform for communication between different devices existing in a network. This is made possible by the underlying software installed on the devices. It......

Words: 493 - Pages: 2

Free Essay

Chap 1

...McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. CHAPTER EIGHT Influence Influence in Negotiation The actual strategies and messages that individuals deploy to bring about desired attitudinal or behavioral change • People differ widely in their ability to use influence effectively • Persuasion is as much a science as a native ability • Everyone can improve persuasive skills 8-3 Two Routes to Influence • Central route – Occurs consciously and involves integrating the message into the individual’s previously existing cognitive structures (thoughts, frameworks, etc.). • Peripheral route – Characterized by subtle cues and context, with less cognitive processing of the message and is thought to occur automatically. 8-4 8-5 The Central Route to Influence: The Message and Its Delivery There are three major issues to consider when constructing a message: • The content of the message – Facts and topics that should be covered • The structure of the message – Arrangement and organization of the topics and facts • The delivery style – How the message should be presented 8-6 The Central Route to Influence: The Message and Its Delivery • Message Content – Make the offer attractive to the other party – Frame the message so the other party will say “yes” – Make the message normative – by following a course of action he will be acting in accordance with both his values and some......

Words: 726 - Pages: 3

Premium Essay

Chap 7

...QUESTION 1 1. Gerold invested $6,200 in an account that pays 5 percent simple interest. How much money will he have in ten years? | A. | $8,710 | | B. | $9,000 | | C. | $9,300 | | D. | $9,678 | | E. | $10,099 | 10 points    QUESTION 2 1. According to the Rule of 72, you can do which one of the following? | A. | double your money in five years at 7.2 percent interest | | B. | double your money in 7.2 years at 8 percent interest | | C. | double your money in 8 years at 9 percent interest | | D. | triple your money in 7.2 years at 5 percent interest | | E. | triple your money at 10 percent interest in 7.2 years | 10 points    QUESTION 3 1. You are comparing two annuities which offer quarterly payments of $2,500 for five years and pay 0.75 interest per month. Annuity A will pay you on the first of ech month while annuity B will pay you on the last day of each month. Which one of the following statements is correct concerning these two annuities? | A. | These two annuties have equal present values but unequal futures values at the end of year five. | | B. | These two annuities have equal present values as of today and equal future values at the end of year five. | | C. | Annuity B is an annuity due. | | D. | Annuity A has a smaller future value than annuity B. | | E. | Annuity B has a smaller present value than annuity A. | 10 points    QUESTION 4 1. How is the principal amount of an interest-only loan repaid? |...

Words: 699 - Pages: 3

Free Essay

Mac10 Review Chap 1 2 3

...MAC101 - Review Chapter 1+2+3 f ( x)  sin  2  x 2 1. Find the range of A. [0,1] B. [1,1] C. [  ,  ] 9. Find horizontal asymptotes of 3x 2  x  1 x2  x  2 D. [0,  ] 2. Describe how the graph of y = f(x-2)+1 is obtained from graph of y = f(x). A. 2 left, then 1 up. Bộ môn Toán, ĐH FPT Hà Nội B. 2 right, then 1up. A. x = -1 C. y = -3 D. y = 3 10. Find c so that the function is continuous on R  x 2  cx  c  1 if  g ( x)   x 1 2 if x  1  C. 2 right, then 1 down. D. 2 left, then 1 down. 3. Let B. x = 2 f ( g ( x))  2x  3. Then: A. f ( x)  x , g ( x)  2x  3. A. 0 B. f ( x)  2x  3, g ( x)  x. 11. If C. f ( x)  2x , g ( x)  x  3. f ’(1)=27, find h’(1). D. f ( x)  x  3, g ( x)  2x. x 1 A. 3 4. Find limit A. -1/4 x 3 B. 4 C. 1/4 D. -4 s = 3t2 -2t+7. Find average velocity over [2, 4]. B. 24 C. -16 A. (i) (ii) x4-x3+1 (iii) cos x (iv) x4 – x2 B. (iii), (iv) 8. Find limit lim x  3 A. -1 B. ∞ C. (iii) x( x  2) x3 C. -∞ C. 9/4 D. 0 D. 8/27 B. y = 2x-3 C. y = (1/2)x D. y = (-1/2)x + 2 13. The base of a triangle is increasing at a rate of 1cm/s while the area is increasing at 2cm2/s. At what rate is the altitude changing when the base is 5cm and the area is 100cm2? A. -7.2 B. 7.2 C. 40 D. -40 14. Find linear approximation for tan x at a=0. D. (i), (iv) A.......

Words: 731 - Pages: 3

Premium Essay

Chap

...05 ______ LABOR HOUR 12.00 2.18 26.18 ______ OVERHEAD ACRE 9.56 1.00 9.56 ______ INTEREST ON OP. CAP. ACRE 8.87 1.00 8.87 ______ -------- TOTAL VARIABLE COST 168.88 ______ FIXED COSTS $ $ MACHINE DEPRECIATION ACRE 17.07 1.00 17.07 ______ MACHINE INTEREST ACRE 17.11 1.00 17.11 ______ MACHINE INSURANCE ACRE .98 1.00 .98 ______ MACHINE TAXES ACRE 2.93 1.00 2.93 ______ MACHINE HOUSING ACRE 1.63 1.00 1.63 ______ LAND TAX ACRE 5.00 1.00 5.00 ______ NET RENT ACRE 82.10 1.00 82.10 ______ -------- TOTAL FIXED COST 126.82 ______ TOTAL COST 295.70 ______ ------------------------------------------------------------------------------------------------------------ - BREAK-EVEN PRICE @ 70 BUSHELS PER ACRE = $295.70/70 BU. = $4.22/BU. 3 This budget indicates the total cost (excluding management) per acre to produce winter wheat is $295.70 and that to break-even the producer must clear $4.22 per bushel, net of marketing and transportation costs. Any price received above $4.22 per bushel is a return to the producer for management and risk. While individual producers may differ relative to the type and amount of inputs and the yield, the main source of confusion is the cost of owned capital, labor, and land. To fully understand WSU enterprise budgets, one must understand the concept of “opportunity” cost. Opportunity cost is the revenue lost by not investing in the next best similiar risk alternative. For instance, if a producer invests $50,000 of equity capital in......

Words: 1690 - Pages: 7

Premium Essay

Effects of Teacher-Parent Chap 3

...distribution is easy and inexpensive. Statistical Treatment The following statistical treatment was used by the researcher to answer the specific problems and in testing the hypotheses of the study. 1. Frequency and Percentage Distribution - it will determine the percentage of high school population in Benedictine Institute of Learning who have a teacher parent or relative Percentage = Number of “yes or no” x 100 Number of respondents 2. Frequency and Percentage of the Effects - it will determine the effects of having a teacher parent or relative on the high school population of Benedictine Institute of Learning x 100 Percentage = Number of “yes or no” Number of respondents 3. Mean and Standard Deviation - it will determine the level of academic performance of the high school population in Benedictine Institute of Learning who have a teacher parent or relative Mean = ∑x Standard Deviation = √∑(x-x)2 N N 4. ANOVA – is used to determine whether each correlation of the variables is significant on academic performance of high school students; one-way analysis of variance (ANOVA) was used: CF = ∑x2 Mstr = Trss N ...

Words: 662 - Pages: 3

Premium Essay

Compound Interest Theory Chap 3 Solutions

...Chapter 3 1. The equation of value using a comparison date at time [pic] is [pic] Thus, [pic] 2. The down payment (D) plus the amount of the loan (L) must equal the total price paid for the automobile. The monthly rate of interest is [pic] and the amount of the loan (L) is the present value of the payments, i.e. [pic] Thus, the down payment needed will be [pic] 3. The monthly interest rate on the first loan (L1) is [pic] and [pic] The monthly interest rate on the second loan (L2) is [pic] and [pic] The payment on the second loan (R) can be determined from [pic] giving [pic] 4. A’s loan: [pic] [pic] so that the total interest would be [pic] B’s loan: The annual interest is [pic] so that the total interest would be [pic] Thus, the difference is [pic] 5. Using formula (3.2), the present value is [pic] This expression then becomes [pic] 6. We are given [pic] so that [pic] Also, we are given [pic] so that [pic] But [pic] so that [pic] This equation is the quadratic [pic] so that [pic] Then applying formula (1.15a), we have [pic] 7. We know that [pic] and directly applying formula (3.8), we have [pic] 8. The semiannual interest rate is [pic] The present value of the payments is [pic] 9. We will use a comparison date at the point where the interest rate changes. The equation of value at age 65 is [pic] so that [pic] to the nearest dollar. 10. (a) Using formulas...

Words: 1204 - Pages: 5

bird box | Steel Angel Kurumi (36) | Best of 2018 | Das LANDWIRT Jahr in Bildern | landwirt.com