¶ … CEO of Company X
While it is understandable that our company does not wish to incur the additional expense of yet another salary onto the payroll, sometimes it is necessary to spend money to save money. Adding a managerial accountant to the accounting department is essential to ensure that Company X remains competitive in the future. In the information age, knowledge is power, and a managerial accountant is able to provide all-important knowledge to the key decision-makers at our company, enabling Company X to remain nimble and efficient when constructing long and short-term strategies.
The objectives and characteristics of an internal accounting system
The types of accounting information that are required for an external audit are different from those used internally. Managerial accounting can provide managers with useful information for planning and control decisions. They can also provide valuable data to other actors with whom the company deals with: "For example,...
Managed a team of 50 people that includes 10 direct reports. Grew Wal-mart drugs portfolio profit by $14 Million (+26%) through driving volume growth and reconfiguration of packaging offerings that drove significant cost savings. Responsibilities and duties: Maintains full accountability for profit and loss and delivering volume and profit objectives. Spearheads both strategic and tactical initiatives that leads to growth of Liongate's new product. Reshapes marketing organization through effective recruiting,
The exponential growth of the Internet has also served as the catalyst for the growth of highly collaborative, interactive forums and platforms on which Delphi-like brainstorming can be accomplished (Decker, Wagner, Scholz, 2005). Conversely many of the external relationships companies have and that are essential to understanding how the strategic planning process will impact an organization lend themselves to quantification. An example of this level of quantification of external
Theory X and Theory Y Select organizational leaders analysis activity current research. Critique leader Douglas MacGregor's Theory X Theory Y Identify proper category leader assessment. Include examples situations actions reflect type leader . Theory X versus Theory Y: Apple vs. Google According to Douglas McGregor' analysis of managerial personality styles, managers fall into two basic 'types,' that of Theory X or Theory Y Theory X managers tend to exert authority through a traditional
business, the CEO plays an important role in decision making. One factor that the CEO uses for their decision making processes is commonly refered to as environmental scanning. Environmental scanning is the strategy of determining the overall economic environment of a business in order to make dynamic decisions and ensure continuous growth. This is one role that can only be done by the CEO who is privy to information
There are other coffee chains in the country, but none of them are American, so Starbucks has an edge there. However, in more fashionable areas of Beijing there are Chinese coffee shops that offer their own take on a relaxing coffee shop experience. Starbucks must position not only against foreign competition and traditional Chinese tea culture, but against the inevitability of a Chinese-grown competitor. As CEO, I would recommend
FedEx Corporation FedEx Company Overview FedEx is a global organization that provides wide variety of business portfolio such as e-commerce, transportation and business services. FedEx operates and competes effectively under collective brand names such as FedEx Express, FedEx Freight, FedEx Ground, and FedEx Kinko's. The objective of the paper is to provide comprehensive report on FedEx that include FedEx's strategy for success in the marketplace and the company four main business strategy. The report
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