24Sep 2018 by Reese Bannister

Essay for Kids on Various Types of Computers

Decision Making
Essay for Kids on Various Types of Computers!Information systems are designed and implemented for the benefit of end users who use output of the information system for relevant decision making purposes. Today, there are various types of computers available to serve the need of end users. Image Source: e62813.medialib.glogster.com ADVERTISEMENTS: They range from micro-computers to supercomputers. There has been a tremendous and significant development in computer technology since the first commercial computer became available in 1950s. 1. Supercomputers: Supercomputers are the fastest and the largest computers available today. They have large memories and high processing speeds so that they can process nearly a billion transactions per second and nearly a trillion arithmetic operations in the same time. While conventional computers have a single processor which processes one instruction at a…
Read More
24Sep 2018 by Reese Bannister

Essay on Modern Computer System (362 Words)

Decision Making
Essay on Modern Computer System (362 Words)!The modern computer system consists of five basic components. These are: i. The input devices: The input devices allow us to enter data into the computer. Image Source: assets.hardwaresphere.com ADVERTISEMENTS: These devices include a keyboard which is used to type instructions into the computer; a mouse which is connected to the computer by a cable and various commands can be executed by pressing one or both buttons on the mouse, a touch screen which allows users to execute commands by touching a specific location on the screen or a voice recognition device which recognizes the sound of the end user and executes commands as spoken. ii. The central processor: Known as central processing unit (CPU), it is a critical component where most of the…
Read More
24Sep 2018 by Reese Bannister

Essay on Important Barriers to Effective Communication (2204 Words)

Decision Making
Essay on Important Barriers to Effective Communication (2204 Words)!Despite its apparent simplicity, the communication process rarely operates flawlessly. The communication must be interpreted and understood in the same way as it was meant to be sent by the sender, otherwise it will not achieve the desired result and a communication breakdown will occur. Image Source: communicationtheory.org ADVERTISEMENTS: There are certain external roadblocks to effective communication such as poor timing of communication, poor choice of the channel of communication of information, incomplete, inadequate or unclear information, and network breakdown and so on, which can affect the proper reception of the communication.In addition, there are personal factors which may cause the interpretation of the communication differently than it was intended by the sender. The communication may be received in a way in…
Read More
24Sep 2018 by Reese Bannister

Essay on Forecasting Techniques (922 Words)

Industry
The future can never be known with certainty, but there are some techniques that have proved to be effective in reducing the degree of uncertainty. Image Source: naw.orgThere are basically two broad categories of forecasting techniques. These are: 1. Qualitative Techniques: These techniques are primarily based upon judgement and intuition about the environment and are used especially when sufficient quantitative information and data is not available so that complex quantitative techniques cannot be used. ADVERTISEMENTS: Under certain situations, qualitative judgments about future are more reliable than quantitative conclusions because the quantitative methods are based on the analysis of the past data and its trends which may or may not remain the same. Secondly, quantitative techniques follow a certain pattern and do not provide for accommodating any unexpected occurrences.Some of the…
Read More
24Sep 2018 by Reese Bannister

Levels of Planning those are Associated with the Different Managerial Levels– Essay

Management
There are basically three levels of planning associated with the different managerial levels these are: 1. Strategic Planning: Strategic planning is the process of determining overall objectives of the organization and the policies and strategies adopted to achieve those objectives. It is a process by which an organization makes decisions and takes actions that affect its long term performance. Top management of the organization is involved in strategic planning, which is long range and has a major impact on the organization. Image Source: managementguru.net ADVERTISEMENTS: A strategic plan usually covers a time period of upto ten years and involves a major commitment of resources. It deals with the total assessment of the organization’s capabilities, its strengths and its weaknesses and an objective and analytical evaluation of the dynamic environment.The planning…
Read More
24Sep 2018 by Reese Bannister

Standardized Approaches that can be used in the Preparation of Budgets

Decision Making
According to Plunkett and Attner, budgeting requires (1) setting goals, (2) planning and scheduling to reach the goals, (3) identifying and pricing resources, (4) locating needed funds, and (5) adjusting goals, plans; and resources to match actual fund availability. Image Source: amberpm.files.wordpress.comAny one of the following standardized approaches can be used in the preparation of budgets. 1. Top down Budgeting: ADVERTISEMENTS: These budgets are prepared by senior managers and are passed down to lower levels end the lower level managers are expected to operate within these budgets. There may or may not be any input from the lower level managers.In preparing these budgets, top management must take into consideration all relevant factors and carefully analyze these factors so that they do not miss or neglect any significant information about opportunities…
Read More
24Sep 2018 by Reese Bannister

Release (Rule 17 of the Juvenile (Care and Protection and Children) Rules, 2001)

Management
Legal provisions regarding release as per as rule 17 of the Juvenile Justice (Care and Protection of Children) Rule 2007.(1) The Officer-in-Charge shall maintain a roster of the cases of juvenile or child to be released on the expiry of the period of stay as ordered by the Board.(2) Each case shall be placed before the Classification Committee for proper maintaining and with regard to cases in which the juvenile or child is kept for the maximum period, action may be initiated six months before they attain the age of eighteen years. ADVERTISEMENTS: (3) The release shall be as per the pre-release and post-release plan prepared under the individual care plan and reviewed from time to time by the Management Committee set up under Rule 55 of these rules and…
Read More
23Sep 2018 by Reese Bannister

Responsibilities that are basically Found in the Domain of Supervisory Level

Management
Responsibilities that are basically Found in the Domain of Supervisory Level!According to Gorry and Morton, the information systems designed and set up by organizations must provide information to managers with three levels of responsibilities, namely, operational control, management control and strategic planning. Image Source: halogensoftware.com ADVERTISEMENTS: These three levels of responsibilities are basically the domain of supervisory level, middle management level and top levels of managerial hierarchy respectively. Operational Level: Lower-level managers and supervisors need information and feedback about daily, weekly and monthly activities. A production supervisor needs to know information regarding waste, quality, quantity, productivity gains and whether jobs have been completed on schedule. Personnel people may require daily and weekly figures on any job openings, interviews conducted and other personnel matters such as attendance records, turn-over records, and…
Read More
23Sep 2018 by Reese Bannister

Essay on the Management Functions in MNCs

Accounting
Essay on the Management Functions in MNCs!The management functions of planning; organizing, directing and controlling are usually adaptable to all managerial situations including their international context. Image Source: wwwen.zte.com ADVERTISEMENTS: However, these functions must be applied “appropriately” from one country and culture to the next. Global managers apply the management functions successfully across borders. (1) Planning: Since planning inherently means deciding for future operations or making decisions at the present time for future results, it becomes the most difficult function where the environmental conditions, in the long run, are at best erratic.Hence management would be more interested in short term planning, rather then long term planning in such countries where the long range political stability is questionable. Another factor which makes long range planning more difficult is forecasting the future…
Read More
23Sep 2018 by Reese Bannister

Essay on Theories of Work Motivation (2100 Words)

Management
Essay on Theories of Work Motivation (2100 Words)!While “need theories” of motivation concentrate upon “what” motivates people, the “process theories” concentrate upon “how” motivation occurs. Image Source: lam-network.com ADVERTISEMENTS: These theories identify the variables that go into motivation and their relationship with each other. Some of the prominent process theories are: Vroom’s Expectancy Model, Equity Theory and Goal-Setting Theory. 1) Vroom’s Expectancy Model: The expectancy model is based upon the belief that motivation is determined by the nature of the reward people expect to receive as a result of their job performance. The underlying assumption is that a man is a rational being and will try to maximize his perceived value of such rewards.He will choose an alternative that would give him the most benefit. People are highly motivated if…
Read More