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Q: Who is responsible to take carries out the operational tasks necessary to support the organizations mission and goals?
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Continue Learning about Management

Where can one buy residential property management software?

Residential property management software can be purchased at any store that carries software. They include but are not limited to Best Buy, Future Shop or Staples.


What is the difference between property management and facility management?

Facilities Management is the procedure by which an organization carries and bears support services in a quality environment to meet strategic need.Property management is the process, control, and oversight of commercial, industrial orresidential real estate .


What is the definition and importance and scope of retail management?

retail management is to rightly manage all the activities needed to carry out to make products or services available to customers from vendor for personal or family use. it carries all the activities that are being done in a business like raising capital, buying products and services, deploying accounting and management information system for control activities, managing warehouses and distribution, developing new products and also the marketing activities. Managing all these activities in retail is what we call retail management.Importance:1.it breaks the bulk that comes from vendor into small manageable forms for customer2. it provides an assortment of products to customer.3. Not only products is what customers want, they also want service that is being provided by customer4. sometimes it also manage the inventory and warehouses5. it also studies customer's needs and wants and provides the sales pattern to the customer6. it acts as a link between vendor and the end user7. it provides information as well as convenience to the customers.scope: http://dibs007.blogspot.in/2009/04/scope-of-retailing-fmcg-2.html


What are the functions of asset management company?

What is an Asset Management Company and What are Its Functions?An asset management company (AMC)is a legal entity that conducts a professional activity on the management of assets of collective investment institutions (CII) based on the license issued by the Securities and Stock Market State Commission of Ukraine. An asset management company:establishes CII;places CII securities; engages agents that place securities among the investors;exercises management of CII assets; after the money has been transferred to the CII's account, the AMC directs them to the purchase of assets with the aim to create the portfolio with the structure of the given CII specified in its Investment Declaration;specialists of its analytical department analyze the markets of securities, real estate and other assets, the instruments of which form a part of the CII's assets;specialists of its investment department are looking for new objects of investments;specialists of its finance department perform daily revaluation of assets, draw up contracts on purchase and sale of assets, compile reports for government bodies that oversee and regulate the activities of AMC;carries out routine activities of CII.Vikas Chhajed (MBA, Finance)e-mail id-- vikas007chhajed@yahoo.com


Difference between project appraisal and project evaluation?

Differentiate Between Project Appraisal and Evaluation: • An appraisal requires both an analysis of the property’s highest and best use, as well as a summary of the logic and rationale behind that analysis within the report. There is no such requirement in an evaluation. • An appraisal requires an analysis of reasonable exposure time, as well as its statement within the report, but not in an evaluation. • Currently, an appraisal can present in only one of two formats, an Appraisal Report, or a Restricted Appraisal Report. An evaluation has no such requirement. • USPAP requires an appraisal to be credible. The IGs require an evaluation to be reliable. However, the IGs do not define reliable, which USPAP defines as credible as worthy of belief. The two terms are not synonymous. Who is qualified to perform evaluation? Section VI of the IGs carries the title “Selection of Appraisers or Persons Who Perform Evaluations.” According to the qualifications listed as necessary for persons to do appraisals or evaluations under the IGs, the work performed must be periodically reviewed by the client institution. The person selected must also: • Possesses the requisite education, expertise, and experience to competently complete the assignment. • Be capable of rendering an unbiased opinion. • Be independent and have no direct, indirect, or prospective interest, financial or otherwise, in the property or transaction. • Hold the appropriate state certifications or license at the time of the assignment, if they are an appraiser. Persons who perform evaluations should possess the appropriate appraisal or collateral valuation education, expertise, and experience relevant to the type of property being valued. Since federal banking regulators do not consider evaluations to be appraisals, there is the question of who will enforce evaluations as state appraisal boards enforce USPAP Standards. Putting this question to those who are in the positions to know revealed that nobody has an answer to that question. Therefore, appraisers should have the opportunity to choose to perform or not perform evaluations, just as they are free to perform, or not perform, any of the [various] types of appraisal services. One of the differences right now between an appraisal and an evaluation is an appraiser does not have the freedom to perform evaluations despite the fact that those less qualified to do so now provide those services. How much sense does that make?

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