Discuss some pros and cons of outsourcing various functions

Assignment Help Operation Management

Reference no: EM131270604

You made it through your first two weeks as a controller. It is May 15th and the end of month is May 31st. The prior controller took two weeks to close the books and management has found this unacceptable. The pressure is on to get the close down to five days. Discuss some processes and procedures that you could get in place to begin to get the process down to five days. What resources might you consider? As a new controller, describe the documentation you should review with regards to your department. What are some processes that could be outsourced? Discuss some pros and cons of outsourcing various functions.

Reference no: EM131270604

Questions Cloud

What are performance obligations in the contract : Cass Company enters into a contract with Dearborn Inc. to sell it $50,000 of goods with delivery on May 10, 2017. Cass manufactured the goods at a cost of $33,000. The contract is signed on April 15, 2017, at which time Dearborn pays Cass $25,000. On..

How many copies of hardcover release to purchase for shelves : Waldo Books needs to decide how many copies of a new hardcover release to purchase for its shelves. The store has assumed that demand will be 50, 100, 150, or 200 copies next month, and it needs to decide whether to order 50, 100, 150, or 200 books f..

The limitations environmental laws impose on businesses : Summarize the stanford's (2005) five phase process for an organizational design change ? What marketing decisions do marketing intermediaries make? Discuss four ways a close corporation differs from a publicly traded corporation? Describe the limitat..

Most advanced form of regional integration : Although European Union is the most advanced form of regional integration, it is currently facing a challenging time. What are some of the major challenges facing the EU?

Discuss some pros and cons of outsourcing various functions : You made it through your first two weeks as a controller. It is May 15th and the end of month is May 31st. The prior controller took two weeks to close the books and management has found this unacceptable. Discuss some processes and procedures that y..

Testimonials are advertising messages delivered : What celebrity attributes make for effective celebrity product endorsements? Celebrity testimonials are advertising messages delivered by famous people who say or imply that they use the product/service. Advertising testimonials are discussed in chap..

Evaluate organizations existing vision-mission-objectives : Strategic Management Case Analysis Strategic Management Case Analysis This is a CLC assignment. This assignment provides an opportunity to practice applying strategic management concepts. Identify and evaluate the organization's existing vision, miss..

Effectiveness of current training and development department : You have just been appointed as the Chairperson of the President's Council on Training and Development for Corporations in the United States. Your assignment is to give direction and guidance to businesses that are in the process of establishing a Tr..

Total sales have been showing a linear trend : The president of a chain of department stores believes that her stores' total sales have been showing a linear trend since 1980. She uses Microsoft Excel to obtain the partial output below. The dependent variable is sales (in millions of dollars), wh..

User Account

All Pages