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he is responsible for the overall profit planning of the organisation
land- rent labour- wages capital- interests organisation- profit
A profit making organisation is an organisation which its priority is to make a profit rather than to help the community.
land- rent labour- wages capital- interests organisation- profit
What is management accounting ?Explain the nature and scope of management accounting management accounting is a part of accounting which is used for decision making lik in the organisation these decision makers prepare cash flow statement wich helps in forcasting the future profit of the organisation
Human Capital Management is when you manage the people in a company to ensure that your business is making the most profit it can in a sufficient way. You can read more on Wikipedia.
Managing the available capital into the right direction of the profiled business with high prosperity of profit, is a good explanation of Fund Management.
Archive - non-profit publishing organisation - was created in 2009.
organisations are deliberate establishment set out to render profit-oriented services/non profit oriented services as in the case of charity organisations and religious institutions. failure to plan is undoubtedly planning to fail therefore management cannot be seperated from any organisation be it profit oriented or otherwise. on a day-day bases management is saddled with the responsibilities of planning, organising,coordinating,recruiting,staffing,compensating,motivating and firing of negligent/redundant staff.these multi-task is all aimed at achieving the proposed aims and objectives of establishing the business. To this end it suffices to say that there is a keen-close and inseperable relationship between management and organisation. effective management moves the organisation forward while improper management achieves the other-wise.
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Net profit of current fiscal year added in capital because it is part of owners capital because owners have invested capital to earn profit.
To find more efficient ways to produce...