Tuesday, February 18, 2020

Business Development Case Study Example | Topics and Well Written Essays - 1500 words

Business Development - Case Study Example All the departmental manager in the branch will report directly to him and he will be assisted by a secretary. Followings are description of two jobs from each department respectively. Finance Manager He/She takes care of all financial issues. His department will collect money from the cashiers and put them into bank. Besides, they will have to document all the financial transaction including prepare the costing, balance sheet and estimate the profit and lost of the business. Costing Executive He/She will do the calculation of the costing of the operation of the whole business. Her work coordinates all aspect related to cost example the electricity and water usage, man power usage, compensation to customer, cost of goods and etc. Human Resource Manager He/She is in-charged of the human energy. The main role is to do workforce planning, recruit and select suitable employee and to provide training and motivate them. Payroll Assistant He/She calculates the salary of all employees, checking attendance and performance of the people in the organization. The work is very confidential in the company. Logistic and Warehouse Manager He/She will be responsible of the goods lodging and receiving, taking care of the warehouse and inventory in the branch. General Wokers He/She will help to load or unload goods, help to arrange them in warehouse and deliver it to departments that need the goods. Sales and Marketing Manager He/She is managing the sales in the branch. He needs to achieve the sales target preset by the group marketing manager, help to organize events and promotions to increase sales. Cashiers He/She collects money from customer for purchasing goods. Comparison of Debenhams Plc's organizational chart and a grocery shop In comparison to Debenhams...Besides that there are a lot of management and financial skills involved. A good businessman should continuously seek improvement in his work as in Debenhams Plc. The organizational chart for Debenhams Plc was shown in figure 1. In each branch, the management is lead by a branch manager. He overlooks the operation of the whole branch. All the departmental manager in the branch will report directly to him and he will be assisted by a secretary. Followings are description of two jobs from each department respectively. He/She takes care of all financial issues. His department will collect money from the cashiers and put them into bank. Besides, they will have to document all the financial transaction including prepare the costing, balance sheet and estimate the profit and lost of the business. He/She will do the calculation of the costing of the operation of the whole business. Her work coordinates all aspect related to cost example the electricity and water usage, man power usage, compensation to customer, cost of goods and etc. In comparison to Debenhams Plc, a grocery has a very simple organizational chart. The leader in the chart is the owner himself. He will be assisted by one or two general workers. The owner will be the HR, finance, sales, marketing and cashier himself. His workers will help him to load and unload goods.

Tuesday, February 4, 2020

Management Contracting Essay Example | Topics and Well Written Essays - 1000 words - 2

Management Contracting - Essay Example Generally, management companies wish to formulate standard form of contracts as it has a wide range of long term benefits. This paper will advise the client about the significance of having a decent contract before getting strait into the construction work. It will also explain the impact of such contracts on both the company and client. Since the client wishes to tie the contractors down with low fixed prices and other similar restrictions, it is better to design an established standard form of contract. In the opinion of Beard, Loulakis, and Wundram (2001, p.347), the standard form contracts assist the parties to contract with economical and convenient way of performance. The authors add that these types of contracts aid both the parties to minimise the costs associated with the lawyering for every subsequent contract in the formation of new projects (ibid). Since standard form contracts do not allow further negotiation on formed contracts, both the parties can take advantage of th e reduced transaction costs. Similarly, this established contract reduces the possibilities of unforeseen anomalies and thereby it would help the client to save unexpected costs that may incur in the future. The client gives great emphasis on time and it can be achieved by the formation of a standard form contract. ... When the project owner or client gives a valid acceptance to the offer, the contract comes into force. The court has developed some additional terms for the standard term contract in order to protect the interests of both the parties. It would be difficult for the large-scale construction management organisations to maintain separate contracts for every individual. Therefore, a standard form of contract helps the firm to escape from the troublesome difficulties of negotiation and other legal formalities. Similarly, it provides conveniences to client also. The standard form contract obliges the firm to give reasonable notice to the client at proper times regarding necessary information. It is also held that the notice should be contemporaneous with the contract so that it would save the client from additional liabilities. Likewise, the client will be legally protected if the firm makes a fundamental breach of the contract on the strength of sub-clauses. In addition, the standard form contracts maintain many provisions that would satisfy the interests of both the parties. For instance, Murdoch and Hughes say that JCT SB 05 is a standard building contract which necessitates the appointment of an architect or contract administrator who has some strictly defined powers such as â€Å"issuing of certain instructions on behalf of employer and also certification of payments, the quality of work, and the contractor’s performance† (Murdoch & Hughes, 2008, p.106). In addition, it includes certain fluctuation clauses which save the parties from losses associated with fluctuations in money market and changes in governmental regulations. There may be variations in labour prices, tax rates, and raw material costs which would