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85UNDERSTANDING CONTROL
In simple words “Control” means keeping actual position within expected limits. When one talks of Cost Control, one does not mean “Cost Savings” but ensuring that Actual Costs remain within...
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82SMELL A RAT
A glance at a report may give you the feelings that there is something wrong. In my long career as a Head of Project Supervision, I pointed out in-efficiency or dishonesty in many cases. After retirement, I...
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78Regular Employees vs Independent Contractors
Is my worker an Employee or can he be considered an Independent ContractorThis hub identifies and analyzes the polices at a sample company (Haz-Mat). This paper also addresses the treatment of the...
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75What Is Six Sigma?
Six Sigma is used to improve manufacturing processes and reduce costs by systematizing manufacturing processes.
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77MINI CASE: DELAYED COMPLETION
An edible oil unit was completed with a delay of three years. Total cost at the time of completion was Rs.25 million as shown below: As budgeted cost was only Rs.18 million, the Project Manager was...
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72Management and Administration
Management and Administration Management and administration are two terms which are given different interpretations as well as used as synonyms. Management and Administration as Two Distinct...
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72Strategic Management Concepts for Professionals
It is important to have a thorough understanding of related diversification, the BCG Matrix and the various entry modes related to foreign expansion. These concepts will assist the management professional in effectively harnessing and maximizing the resources of the company to ensure its future success.
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72When and How to Turn Unpaid Accounts to Collections Agencies
Debt and accounts receivables are perhaps one of the biggest headaches that people would encounter today. The business cycle which is initiated from soliciting accounts through the joint efforts of sales and...
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68Hiring College Student Interns for your Small Business
The search for the best available manpower today to fill key positions in a company is a dilemma to which organizations would be found scratching their heads. Matching key positions with the necessary...
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68Late Night Venue Management Consultancy
Thinking of opening a Nightclub or Late Night Venue? Do you want assistance from the Very Best Operator's in the Industry? -------------------------------------- 3 Times UK Nightclub Operator of the Year 2...
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