The World of Management Research Paper Example | Topics and Well Written Essays - 1250 words

The World of Management - Research Paper Example The increase of corporations did present demand for additional financial information that will enable the successful undertaking of the business financial activities. The study of accounting and â€Å"book keeping† became significantly relevant in numerous learning institutions (Walker 246). The financial undertakings of the businesses had to be carefully evaluated to assist in the verification of imperative decisions. The soaring growth of the corporations necessitated the employment of accountants to enlighten the executive on the financial situation of the firm. According to Whye (165), in 1881, there was the formation of the American Association of Public Accountants (AAPA). This institution was to establish the mannerisms to portray in the undertaking of the accounting profession. In America, the American Institute of Certified Public Accountants (AIPCA) was established (Whye 166). The ethical structures that would manage the accounting field were established in 1907. This became the guideline of the associations of the accountant to the employer and fellow workmates. This effort led to the formation of Association of Chartered Certified Accountants (ACCA), which would formulate accounting principles, and ethical architecture of accounting. Accounting is evolving everyday and the accounting principles are subject to various alterations that will be significant to the existing market. According to Jones (361), this will assist in delivery of comprehensive financial documents to the corporation explaining their economic standing and the financial resources viable for exploitation. This enables the management to amplify the firm’s earnings through diversification of their interests. The accounting occupation is evolving into various specialized units since the responsibilities of the accountants are advancing. Forensic accounting is one of the noteworthy

Operation management Assignment Example | Topics and Well Written Essays - 500 words

Operation management - Assignment Example The New Zealand Blood Services has first established a data where they have the locations of all the blood donors and therefore whenever blood is needed, the donors are contacted immediately. The donors list is also regularly updated and this means that they only have the blood donors who are allowed to donate blood. After the process of identification and donation, comes the most critical part which is donation of blood. Blood donation is critical and the goods involved which is blood is normally a precious and urgent commodity hence they source for the most available and fastest means that will allow the blood recipient get their blood. Due care is also needed here such as ensuring that the blood is placed at room temperatures. The blood is then processed and split into the platelets, the red blood cells and the white blood cells which boost efficiency. After this the product is then distributed to all the areas that may need the blood and later it is kept for storage. Inventory of the blood is also taken. Whenever blood is needed, there is normally real time communication between the delivery team as well as those who need it which ensures delivery. The Fast Food business in India is also another example of supply chain that despite not being well organized, has managed to ensure that there is always delivery of the products to the consumer. The system ensures in time product delivery as well as strict measures to ensure that the consumers get what they wanted. The food is normally prepared and put into tins and then delivery men are set to work to ensure that the food reaches the consumers in time. In addition, the food is well labeled to ensure that the food reaches the customer is the right one. Various means of delivery are used ranging from use of rickshaw, trains, and bicycles to the use of bodies to carry the food to the end consumer. In both cases there are various