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Working capital management ensures that a business has an optimum amount of working capital. Working capital management involves a trade-off between two conflicting objectives liquidity and profitability. When a business holds too much working capital, it is said to be overcapitalized. An overcapitalized business has high levels of cash, inventory, and receivables, and low levels…Read More
An organization is a particular entity of people having a collective goal/purpose to be achieved over a targeted period of time. There are certain types of organizations that take various forms such as partnership business, individual, business or one which includes a hybrid organization. In that respect, a hybrid organization is one that operates both…Read More
Leadership is an important aspect of almost any industry. Most people would often think that leadership is only important in industries that are related to business or making profit. It is only logical to think that leadership is important in all aspects of managing an organization because an organization without an effective leader would not…Read More
Introduction This is a feasibility study on the proposed Xanadu contract management system. This study aims to prove or disprove the financial prudence of creating and implementing the said system. The proposed contract management system will be responsible for handling outsourced system development contracts. This feasibility study was commissioned by Sr. Vice president of the…Read More
Performance related pay is a way of financially rewarding and acknowledging employees work, either for employees whose work is considered to be above average and to those whose work is presumed to have reached or supersede a required standard. Booth et al (1999) state that performance related pay is usually used when the performance of…Read More
Undeniably, significant changes have taken place in the music industry. Perhaps, these changes can be seen as a revolution, which has been propelled by advancement in technology. Even though the invention of the compact discs brought significant changes in the music business, the introduction of digital technology has given the music industry a new look….Read More
Table of Contents Customer Order Processing 4 ICT system 4 Benefits and challenges of the system 4 Location Analysis 5 ICT system 5
In the contemporary business environment, management logistics has become very much machine based. This can be attributed to the introduction of computers in business where these machines come with programs which ease office keeping and management.
Introduction Logistics management as the governance supply sequence functions as gone under some transformations in the recent past. The activities involved in the logistics management like; outbound and inbound fleet management, inventory management, materials handling, warehousing, transportation management, order fulfillment, supply/demand planning, logistics network design, and management of other logistics service and product providers, has…Read More
Perhaps, Cutting edge limited is a UK based company, which started three years ago, the company deals with manufacturing and distributing tennis racquets. It has rapidly expanded rendering the management of its operations a challenge. In order to improve the company’s profitability and efficiency, the reorganization of its team structure is deemed necessary owing its…Read More