Management Control System Essay Example for Free

Management Control System Essay Detector - measure what actually happening in the process being control. 2. Assessor - what is actually happening by comparing with some standard/expectation. 3. Affector - feedback. 4. Communication Network - transmit information between the three above. Management Control process is the process by which managers at all levels ensure that the people they supervise implement their intended strategies. Management Control process characteristics: 1. The standar is not preset - management decide what organization should do. 2. Management control is not automatic. 3. Management Control requires coordination among individuals 4. The connection from perceiving the need for action to determining the action required to obtain the desired result may not be clear. 5. Much Management Control is self control. System is a prescribed and usually repetitious way of carrying out an activity or a set of activities. Boundaries of Management Control: 1. Budget - conforming to budget is not necessarily good and departure from budget is not necessarily bad. 2. Goal congruence - it means that, insofar as is feasible, the goals of organization’s individual members should be consistent with the goals of the organization itself. 3. Tool for implementing strategy - organizational structure specifies the roles, reporting relationship and division of responsibilities that shape decision making within an organization. Human resource management is the selection, training, evaluation, promotion and termination of employees so as to develop the knowledge and skills required to execute organizational strategy. Culture refers to the set of common beliefs, attitudes, and norms that explicitly or implicitly guide managerial action. 4. MCS encompass both financial and nonfinancial performance measures. 5. Aid in developing new strategies. Strategy formulation is the process of deciding on the goals of the organization an d the strategies for attaining these goals. Management control is the process of implementing those strategies. Task control is the process of ensuring that specified tasks are carried out effectively and efficiently. Task control system is scientific, whereas management control can never be reduced to a science. By definition, management control involves the behavior of managers, and this cannot be expressed by equations. Impact of the internet on management control - difference between internet and phone: 1. Instant access. 2. Multi-targeted communication. 3. Costless communication. 4. Ability to display images. 5. Shifting power and control to individual.

Wedding Speech Written for Two Best Men -- Wedding Toasts Roasts Speec

Wedding Speech Written for Two Best Men Brandon - Ladies and Gents before I continue I would like to point out to those of you who may be feeling the effects of the alcohol that there are actually 2 of us standing up here and no you are not seeing double. Firstly, I would like to say how pleasing it is to see so many of John and Rhonda’s close relatives and friends who have joined them on their wedding day. It never fails to amaze me the distance some people will travel for some free food. OK, Ladies and Gents it is an absolute privilege for Kain and me to be standing here as John’s best men. Since John asked us to perform this honor we have been seeking advice on the duties we have to perform. One of the main duties is obviously to ensure John arrives on time and looking as sharp as possible for his big day! So in order to fulfil this duty, and not that we don’t trust John, we felt it necessary to stay here last night and after a few drinks in the bar and sharing a room with John I can confirm to you all that he slept like a baby†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ he wet the bed twice†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..and woke up several times crying for his mother! Kain -Another duty of course is to thank John on behalf of the bridesmaids, for his kind words, and I have to say they look absolutely wonderful and have done an excellent job today. Wouldn’t you agree Brandon? Brandon - Absolutely, and it is no wonder as the girls have had their hair done by Ni... ...e Fantasy Channel Brandon – To John, Is marriage really for you. You made a big impression on us, we hope we didn’t leave any on you. From all the girls at Legs&Co. Real telegrams – Kain 1, Brandon 1 etc Kain - Ladies and gentleman, it gives me the great pleasure to invite you all to stand and raise your glasses in a toast to the 2 people who without them today would not have been so special†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦LADIES & GENTLEMEN†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..THE BAR STAFF Brandon – Seriously though, John and Rhonda we hope that your love for one another is modern enough to survive the times, yet old fashioned enough to last forever†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ You really are a perfect match. Ladies and Gentlemen we give you the Bride and Groom!

The Right Fabric Sourcing Practice for Apparel Manufacturing By: Arun Chattopadhyay

(Views expressed in this article are the personal opinion of the author) Purchasing the right fabric can be sometimes a tough challenge faced by apparel manufacturers. Out of the total cost of manufacturing a garment piece, the cost of fabric can contribute between 50 and 65 per cent. Furthermore, even a minor oversight in selecting the right fabric and right manufacturer may spoil the entire apparel programme. Interestingly, though the fabric constitutes the main part of a garment, many of the apparel merchandisers have a very limited knowledge about fabric. They consider fabric as another component of raw material like buttons, care labels, and hang tags or packing materials. Unfortunately, describing a fabric in terms of specification to fulfill its end use is much more complicated than communicating the requirement of any other component of a garment and many apparel merchandisers do not have the necessary knowledge or training to order the right fabric from the right manufacturer at the right price. To be on the safer side, they simply ask various suppliers to bid for their lowest price and finally select the one who offers the lowest price or the most favourable term. Consequently we often see the adverse effects of poor fabric sourcing strategy every day in the apparel industry. Garment air shipment cost is prohibitive and applied as penalty only when the apparel manufacturer fails to deliver the consignments beyond acceptable delays. The cost of air-freight is so high that air shipment of a single consignment of garments may wipe off the profit of a few months for the garment manufacturer. A study revealed that more than 80% of all garment air shipment is caused due to poor fabric sourcing management. Fortunately, such critical errors can be avoided when sourcing woven fabric for manufacturing garments and the procedure is easier than we think about it. When discussing with the garment buyer, do not just talk about the target price he or she is giving you. Ask about the fabric in more detail. This is not only about the counts, construction and weight of the fabric but about some important and critical points. Here are certain things to keep in mind to ensure a trouble free fabric sourcing. Know the end use – that clarifies the required quality standards like colour fastness, pilling / abrasion resistance, tear and tensile strength, stability towards special types of www. fibre2fashion. com garment wash if any etc. Do not feel hesitant to ask those questions because at the end of the day if something does not match the buyer’s requirement, everyone will suffer losses. Special requirements like shade / strike off approval conditions, finishing standard, feel of the fabric, etc. , to be discussed, noted and shared with the buyer and the fabric manufacturer. The garment delivery lead time should be calculated after taking the fabric delivery lead time into consideration. Many garment buyers demand very short, sometimes unrealistic delivery lead time. You should consider the lead time required for each necessary activities like LC opening, sample approval, lab dip approval, one or two re-submits that may be required, inspection and shipment time for the fabric, clearance and transportation to the warehouse and all related activities. Inspection of the fabric and grouping those according to shades are to be done with extra care. For example, if one particular colour is having a large quantity, it is natural to have 2-3 batch wise variation. Mixing shade batches on the cutting table can result in disaster. To make the process easier, the fabric supplier should be instructed to supply the shade grouping charts with roll number mentioned against each shade swatch. The garment buyers also should be informed clearly that for large volume orders that require fabric processing in more than one batch, there would be small batch to batch variation in properties. Fabric with special surface finish like peach finish, microsanding, etc. needs special care. Firstly, the supplier must be instructed to roll such fabric with face inside and put arrow marks on each piece showing the direction of such finish with clear arrow marks at both ends. This is to avoid massive shade variation due to stitching pieces finished in different directions, together. Transportation and storage – Avoid buying fabric that may change properties during the reasonable time required for transportation storage. For example, do not buy a postcure resin finished fabric from a faraway place because during transport and storage, the www. fibre2fashion. com resin may start cross-linking in the fabric, thus spoiling the required DP rating after garment finishing process. Last but not the least; orders should be placed with fabric manufacturers of reputation. Giving 10 cents more to a responsible and reputed manufacturer may prove to save lot of costs and penalties going forward. Failing to supply garments on time also badly affects the reputation which is priceless. The products of reputed companies also give better realization, lesser wastage and higher efficiency at garment making process. At the end of the day, we should keep in mind that real prosperity does not mean only buying cheap and selling high to earn short term profit. The apparel manufacturing company that focuses on delivering quality, punctuality, communication and value to each customer will never have any shortage of business and riches in the long run. About the Author: The Author is specialized in management of Apparel Fabric business. During his more than 30 years of managerial experience of working with a number of Indian textile fabric and apparel manufacturing companies, he has observed that more than 80% problems in the Indian Textile and apparel Industry is related to managing people and lack of adequate HR Development initiatives. Besides having his consulting profession in textile fabric marketing, he also offers Executive Coaching and Consulting in the textile and apparel industries.

The Family And Medical Leave Act - 1777 Words

Federal family policies have many components and rules. Each piece can greatly affect several dimensions of life – even if they are unintended. The Family and Medical Leave Act is one example of a policy that influences multiple aspects of life; such as family, finances and economics, and employer attitudes. Through research, we can assess the quality of policies and suggest changes that might be helpful for the entire population. Policy Description and Overview The Family and Medical Leave Act, or FMLA, is â€Å"a federal law that provides unpaid, job-protested leave to eligible employees, both male and female, to care for their families or themselves for specified family and medical conditions†, which was passed in 1993 (Seccombe, 2012, p.†¦show more content†¦In addition, it has been noted that the access and time-span of maternity leave offered by a job greatly affects the amount of time it takes to return to work and future family-work relationships (Guendelman, Goodman, Kharrazi, Lahiff, 2014). Those who were offered more than 12 weeks of maternity leave were more likely to return than those offered less (Guendelman, Goodman, Kharrazi, Lahiff, 2014). Although this policy is highly complex, I chose to focus on impacts on gender roles, maternal health, children’s development, finances, and employer’s attitudes because these were the aspects that seemed to be abundantly clear throughout the research. Impact on Family Maternity leave policies have a significant impact on family roles, postpartum maternal health, and child development. According to Vahration (2009), mothers taking unpaid maternity leave are enforcing traditional gender roles within the family in order to compensate for their husband’s high earnings. Therefore, perpetuating discrimination in the work place by encouraging women, rather than men, to leave and take care of their children. In addition to enforcing gender roles, the Southern Economic Journal (2005) states that a longer maternity leave has a moreShow MoreRelatedFamily Medical Leave Act1995 Words   |  8 PagesThe Family Medical Leave Act The Family Medical Leave Act was passed in 1993 and updated in 2008 and 2009. The law requires employers with 50 or more employees to allow up to 12 weeks of unpaid leave. 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The Act required employers with fifty or more employees within a seventy-five mile radius to offer eligible employees up to twelve weeks of unpa id leave during a twelve month period for a variety of medicalRead MoreEmployee Rights And Responsibilities Under The Family Medical Leave Act2290 Words   |  10 PagesBeta Technologies Compliance Policy Employee Rights and Responsibilities under the Family Medical Leave Act FMLA requires covered employers to provide up to 12 weeks of unpaid, job-protected leave to eligible employees for the following reasons: †¢ Incapacity due to pregnancy, prenatal medical care or child birth †¢ To care for employee’s child after birth, or placement for adoption or foster care †¢ To care for employee’s spouse, son, daughter, or parent, who has a serious health condition †¢ A seriousRead MoreEssay about The Family and Medical Leave Act of 1993 (FMLA) 1904 Words   |  8 PagesThe balancing act of family and work can be very difficult at times. At some point in everyone’s life, he or she will need to take time off of work to deal with family matters. The Family and Medical Leave Act (FMLA) of 1993 was created to help employees find a balance between the challenging demands of work and home. This Act allows eligible workers that require time off for personal reasons or family emergencies up to twelve weeks of unpaid leave. During the 1992 presidential campaign, GovernorRead MoreFamily And Medical Leave Act959 Words   |  4 Pagesnot have any legislation that gave employees leave time in case of family or medical emergencies. The only exception was the Pregnancy Discrimination Act of 1979 that required employers that offered temporary disability programs to cover pregnancy as a disability (â€Å"History of the FMLA Legislation,† n.d.) In early 1993, Congress passed the FMLA and President Bill Clinton signed it, putting into effect in August 1993. The Family and Medical Leave Act (FMLA) grants eligible employees of covered employersRead MoreThe Family And Medical Leave Act943 Words   |  4 Pages The Family and Medical Leave Act was introduced by President Bill Clinton in January of 1993. This policy was implemented for Americans to be awarded the opportunity to take time off and care for their new child or sick relative. In order to qualify for this unpaid maternity leave however, an employee must have worked for a business for at least twelve consecutive months, accumulating at least 1,250 hours of work, and be employed by a business who has a minimum staff of fifty employees. Although