To be able to balance this pressure and operate smoothly, airport efficiency and profitability have been identified as vital issues of airport management. ... These techniques are commonly used by airport management to measure financial, economic and operational efficiency. ... Airport management has been keen to identify strong performers in the industry and adopt what are seen as best practices (Graham, 2008). ... By using multiple inputs and outputs, DEA techniques can enable airport management to benchmark best-practice DMU. ... Financial efficiency is used by airport management to measur...

• Word Count: 2404
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

"The goal of financial management is to take actions which maximize the value of a firm's stock.  ... It is important to know that operations are efficient and there is enough cash flow to cover debts at every level of management I do believe for the most part financial managers are primarily concerned with the maximizing the value of the firms stock in the right ways. ... It is important to know that operations are efficient and there is enough cash flow to cover debts at every level of management I do believe for the most part financial managers are primarily concerned with the ma...

• Word Count: 729
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

The terms leadership and management are often used interchangeably and frequently miscomprehended. ... Kottler (1990) and Boddy (2013) identify the role of management as complex and varied. ... Looking towards 2020, management are going to face a number of challenges (Conner, 2013).Management isn't an exact science (Drucker, 1999) and leaders must possess an intricate understanding of changing variables impacting the economic environment, for example technology, structure and human resources. ... Technology has shaped management dramatically over recent years (Henson, 2009), and as th...

• Word Count: 1185
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

It is the obligation of organization management for the stakeholders. ... Therefore, different goals and objectives must be set for different management in order to work efficiently. ... This decision is totally up to the corporate and its management. ... Ethical decisions made by management are also known as Managerial ethics. ... To become a leader in a particular field will require more than strategic marketing and management. ...

• Word Count: 1287
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

In other words, management is manipulating the numbers in order to meet the market expectation. ... Conclusion The underlying problem that created serious accounting scandals in the United States is the culture of today's Corporate America, which give management too much incentive to manipulate accounting figures. Management, whose compensation is tied to the stock price, tends to give way to the temptation to allegedly make up the numbers or get involved with insider trading. ... They must clearly realize that financial statements are the responsibility of the company's managemen...

• Word Count: 514
• Approx Pages: 2
• Has Bibliography
• Grade Level: Undergraduate

Dear Sir, Madam I am writing this letter to express my interest in the Maastricht School of Management Executive MBA Program in Romania. As I recently had the privilege to assist to one of the classes in the program, I must say it was a great experience and I now strongly believe that the program w...

• Word Count: 468
• Approx Pages: 2
• Grade Level: Undergraduate

Proper money management is an essential part of maintaining a financially healthy home, and there are proven methods that can ensure that your family can become - or remain - fiscally stable. ... For stability, overseeing the family income should be the sole responsibility of the one who is best at maintaining self-control with spending and who is knowledgeable about financial management, banking, taxes, balancing a checkbook, etc. In my family, my father and mother work together as a household fiancial management team. ...

• Word Count: 949
• Approx Pages: 4
• Has Bibliography
• Grade Level: Undergraduate

Compared to other firms in the sample, firms with high flexibility-high degree of knowledge management activities focus more on human capital, innovation capital, and process capital. @Compared to firms with high control-low degree knowledge management activities, companies characterized with humanistic- medium degree knowledge management activities emphasize more on innovation capital. ... @The results thus suggest that corporate culture is important to company success in implementing knowledge management system and business performance. @It implies that compan...

• Word Count: 323
• Approx Pages: 1
• Has Bibliography
• Grade Level: Undergraduate

These systems are the most important thoughts of Japanese management system. ... Even though Japanese culture had a lot of influence by others, Japanese still use their own culture to develop their management system. ...

• Word Count: 2410
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Years later, my Business teacher began explaining the importance of competent management in firms and how organizations without efficient and productive processes were bound to stumble upon managerial and financial problems. It was that class that first sparked my fascination in a career in engineering with management. Indeed, it was that class that led me to ask the following question: how can we use engineering to create more efficient and effective processes that in turn would lead to the successful management of a firm? ... I managed to gain more advice and a better view of engineering an...

• Word Count: 575
• Approx Pages: 2
• Grade Level: Undergraduate

Sales people cannot effectively serve customers if there is poor communication between the sales associates and the management department; since the main function of sales associates is to present and sell the consumer the product that best serves their needs. The management's requirement is that all the retail specialists should meet their set targets. In spite of this requirement, the shipping and production functions have not helped in putting a good relationship between the store sales people, customers and the store management. ... The problem is that the retail specialists receive...

• Word Count: 809
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

The US has a market for corporate control, the "Wall Street Rule," there a board of directors is nominated by management, encouraging corporate takeovers because business shareholding is fragmented. Germany is co-determined, banks, unions and management work closely together in business, and supervisory boards are independent of management. ... The turn of the 20th Century sparked the "managerial revolution", management became separated from ownership in corporations, and a rise of large companies and a corporate elite. ... Management boards and supervisory boards place equal representati...

• Word Count: 840
• Approx Pages: 3
• Grade Level: Undergraduate

Demand for labour will be influenced by the final product value, cost of labour, efficiency of management and use of technology (Dufty and Fells 1989: 5). ... What are the rights of management? ... Management structure must be examined to determine how the conflict is dealt with, and their alternate views on what conflict does to the organisation. The first management frame of reference is the unitarist ideology. ... Hence conflict will always be an inherent part of unitarist management because it is not dealt with properly in the first place. ...

• Word Count: 2004
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Relevance of the Article This article is highly relevant to human resource management because it points to the fact that more attention needs to be directed at the importance of the workforce. ... Human resource management concerns making sure that the work force performs according to an organization's expectations. ... Impact on Human Resource From this article, human resource management can implement a systematic and realistic strategy, which ensures that organization reforms are implemented. ... In fact, motivation is a critical element in human resource management because managers ar...

• Word Count: 830
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

One example of IT's impact is growth in productivity in supply-chain management. ... The increase in management efficiency has helped firms to manage their supply chains more effectively and gave them easier access in communicating with their costumers and partners. As a result, the manufacturing sector reduced potential customer-service costs and inventory management. ... Second, it creates better supply-chain management. ...

• Word Count: 881
• Approx Pages: 4
• Grade Level: Undergraduate

He was born in 1916; he lived through a time when Management was getting structurally defined by Weber and Human Relationists respectively. Most of Herbert Simon's contribution to Public Administration was at a time when Scientific Management was fading away as a result of Bureaucratic Management antithesis and Human Relationists were campaigning for an employee friendly environment. ... We shall offer an in-depth look at his work on decision making, rationality in management and organizational behavior. ...

• Word Count: 2465
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Some industry examples are business, health, social, and management services. ... They work in the financial department close to the top management. ... One is to continue school and receive a master's or doctorial degree in business administration, economics, finance, or risk management, in addition to completing work training. ...

• Word Count: 532
• Approx Pages: 2
• Grade Level: Undergraduate

In practice, this implies that the management team must develop and adhere to the policies and procedures that guide the process of introducing a new commodity (Henry 2008). ... First and foremost, the policies must ensure that management and stakeholders from different departments, including accounting, risk, line management, quality assurance and internal audit team work together to vet, evaluate and recommend the product for top management to approve. ... Besides considering the commodity's strategic fit with the firm, successful management consider the institution's customer base...

• Word Count: 9702
• Approx Pages: 39
• Grade Level: Undergraduate

In response Nucor's management has embarked on a growth strategy in the course of a shakeup of the management structure through the adding of outside directors to the board as well as a centralization of the organisation's procedures. ... Nucor has better cost management skills than other U.S firms. ... With the exception of the auto and auto part manufacturers (who contract directly with producers), most finished steel is delivered to end users is via the steel service center, moving some of the inventory management burden to the service centers for a marginal mark-up to the end ...

• Word Count: 1144
• Approx Pages: 5
• Grade Level: Undergraduate

Friedman stresses the nature of the relationship between shareholders and management, which is that of principal and agent. ... There is no division of power if management has to decide on whether to pay for a social cause, how much to pay, and when to pay. In effect, management is taxing the shareholders because they have decreased profits. ... Management is there to run a business to maximize profits for shareholders. The only reason management should contribute any excess effort to society is a future return of some kind to the corporation that will ultimately lead to higher profits for...

• Word Count: 1730
• Approx Pages: 7
• Grade Level: Undergraduate

Potential female transfer applicants will be assured then that employees respond well to women in management, a benefit for those already in management as well as for those who have job advancement goals. ... This is very encouraging to female applicants already in management as well as those who seek to advance within the company. ... The program will serve as an incentive for applicants to learn how receptive the German workforce is toward women in management. ...

• Word Count: 1095
• Approx Pages: 4
• Has Bibliography
• Grade Level: Undergraduate

I won second prize in the Academic Paper Contest launched by The School of Management in 2000 for my thesis entitled Insurance Securitization. ... Currently, China is relatively weak in its financial sector, e.g. in the creation of financial derivatives and financial management. ...

• Word Count: 588
• Approx Pages: 2
• Grade Level: Undergraduate

This epidemic should prove to be a major headache for every decision-making, top-management official whose company is based in Asia. ... They have moved half of their top-management teams to the U.S. and Europe to continue to conduct business with clients who are too frighten to travel to Asia in fear of coming in contact with the air-borne epidemic. ...

• Word Count: 543
• Approx Pages: 2
• Has Bibliography
• Grade Level: Undergraduate

Microeconomic reform differs from macroeconomic management as it targes the supply side economic, long-term resource allocation, product and factor market, PTEs and public sector enterprises. ... The main reforms related to economic infrastructure included: the corporatisation of public trading enterprises (PTE's) which was implemented to be more in line with the private sector through more efficient management structures and accountability of performance. ... Moreover, microeconomic reform needs to review all aspects of land management. Poor land management will result in overuse and...

• Word Count: 1779
• Approx Pages: 7
• Grade Level: Undergraduate

The department and service line managers are held accountable by the management through clear statement of the consequences to be faced in cases where they cannot account for a particular transaction. ... Lack of a budget impairs the ability of a company to conduct short term operating plans and to implement long term strategies because management of funds is vital to paying for the short term operating plans that can be used to achieve long term strategies [Bec08]. ... Other functions of budgets to monitor and evaluate performance are: identification of least and most profitable activities f...

• Word Count: 1070
• Approx Pages: 4
• Grade Level: Undergraduate