Cost control strategies in organisations, Financial Management

Assignment Help:

1. List the common elements of a submission for a major resource acquisition (purchase)

2. What is the difference between: A fixed asset and current asset?

3. If you worked in a large organisation, how would you find out the procedure for making a recommendation on resource requirement?

4. What additional costs could be associated with acquiring resource?

5. How could you ensure that when resource arrives they are allocated and distributes promptly and where needed?

6. Why should people in organisations have access to information about the cost of resource?

7. What would be the costs to an organisation if they were to be impacted by

a) Resource shortage

b) Resource surpluses?

8. Describe the record help by most organisations which can keep track of resource.

9. Explain the importance of allowing staff to contribute to requests for resource acquisition

10.  Explain the cost control strategies, skills and knowledge you should call upon to make efficient use of available budget resource.


Related Discussions:- Cost control strategies in organisations

Reform in a system, As the meaning of reform in a system, these reforms in ...

As the meaning of reform in a system, these reforms in corporate governance would make effective impacts over the process of audit in the context of auditor requirements and the cl

Case Let 2, How would you judge the potential profit of Bajaj Electronics o...

How would you judge the potential profit of Bajaj Electronics on the first year of sales to booth Plastics and give your views to increase the profit?

Eurobonds, The term 'Eurobonds' refers to bonds issued and sold outsi...

The term 'Eurobonds' refers to bonds issued and sold outside the home country of the currency. For example, a dollar denominated bond issued in the UK is a Euro (

Loans from the financial institutions, Loans from the financial institution...

Loans from the financial institutions: Financial institutions such as the commercial bank life insurance corporation, industries financial development corporation bank of the

Explain the time value of money, What is the time value of money? The m...

What is the time value of money? The meaning of time value of money is that money you hold in your hand today is worth much more than money you suppose to receive in the future

Analyse financial statements - strength of business, Learning outcome to be...

Learning outcome to be assessed: analyse financial statements to make decisions on the strength and adaptability of a business. A numerical analysis of the financial statements of

Ledgers, Ledgers: Ledgers record all the entries into the Cash Books. T...

Ledgers: Ledgers record all the entries into the Cash Books. They use the concept of 'double entry' bookkeeping where every ledger entry must be accompanied by another ledger e

Calculate the economic order quantity, Q. Calculate the Economic Order Quan...

Q. Calculate the Economic Order Quantity? Calculate the Economic Order Quantity from the following details: Annual Inventory Requirements = 4, 00,000 units Cost of placin

What are retained earnings, What are retained earnings?  Why are they impor...

What are retained earnings?  Why are they important? Retained earnings represent the total of all the earnings available to common stockholders of a business during its complet

Case study, credit limit decision bajaj electronics company

credit limit decision bajaj electronics company

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd