Industrt Overview
Industrt Overview
Mullet
BSBA 2-A
INDUSTRT OVERVIEW
CAPACITY MANAGEMENT
Capacity management's primary goal is to ensure that
information technology resources are right-sized to meet current
and future business requirements in a cost-effective manner. One
common interpretation of capacity management is described in
the ITIL framework. ITIL version 3 views capacity management as
comprising three sub-processes: business capacity management,
service capacity management, and component capacity
management (known as resource capacity management in ITIL
version 2).
PART-BASED ACTIVITY
Activity based costing (ABC) assigns manufacturing overhead
costs to products in a more logical manner than the traditional
approach of simply allocating costs on the basis of machine hours.
Activity based costing first assigns costs to the activities that are the
real cause of the overhead. It then assigns the cost of those activities
only to the products that are actually demanding the activities.
Rica E. Mullet
BSBA 2-A
Communication
Business Communication
Organization
It’s an arrangements between individuals and groups in human
society that structure relationships and activities (Business, Political,
Religious or social). In other words, an organization is a group of people
identified by shared interests or purpose, for example, a “Bank”.
Lifeblood of an Organization
Communication is the lifeblood of an organization. If we could
somehow remove communication flow from an organization, we would
not have an organization.
It is needed for:
Exchanging information
Exchanging options
Making plans and proposals
Reaching agreement
Executing decisions
Sending and fulfilling orders
Conducting sales
1. Internal Communication
Upward Communication
Upward communication is the flow of information from
subordinates to superiors, or from employees to management. Without
upward communication, management works in a vacuum, not knowing
if the messages have been received properly, or if other problems exist
in the organization. By definition, communication is a two-way affair.
Yet for effective two-way organizational communication to occur, it
must begin from the bottom.
Exchange information
Offer ideas
Express enthusiasm
Achieve job satisfaction
Provide feedback
Downward Communication
Information flowing from the top of the organizational
management hierarchy and telling people in the organization what is
important (mission) and what is valued (policies). Downward
communication generally provides information – which allows a
subordinate to do something. For example, instructions on how to
complete a task. Downward communication comes after upward
communications have been successfully established.
Horizontal/Literal communication
Horizontal communication normally involves coordinating information,
and allows people with the same or similar rank in an organization to
cooperate or collaborate. Communication among employees at the
same level is crucial for the accomplishment of the assigned work.
Solving problems
Accomplishing tasks
Improving teamwork
Building goodwill
Boosting efficiency
2. External Communication
It leads to better:
Sales volume
Public credibility
Operational efficiency
Company profits
It should improve:
Overall performance
Public goodwill
Corporate image
Organizational goals
Customer satisfaction