The Organizational Structure of the Business Research Paper

The Organizational Structure of the Business - Research Paper Example The involvement of operational staff in a budget setting will facilitate the budgetary control system and will eliminate variances. The operating staff well knows about the operating costs and thus should be involved in the budget setting. Involving staff in the budget set is not considered comfortable as it can cause a clash between departments but it can be quite helpful in smoother running operations. Budgets, which are kept secretive and made by the manager often, fail to implement. The staff often reacts severely against such budgets. It can lead to a feeling of mistrust and frustration. It can lead to misdirection and waste of resources. True integration is lacked in budgets in which staff is not involved. Ambiguous financial data should be converted into meaningful information. Operational staff must be educated about the budget and then involved in decision-making. The budget sets guidelines available for each segment. Controlling aspect of budget means to keep in check the c ontrollable costs with budgeted costs. The responsibility for cost control is assigned to the manager of the cost department who is responsible for controlling the cost under his control. For controlling the cost accountant must use standard values. This involves creating inventory values for costing and controlling physical quantities and choosing such alternatives, which might increase revenue and decrease costs. It involves executing such budgets for operating under expected competitive and economic conditions. The budget should be set within an overall organizational planning and control framework.

Missouri Compromise Term Paper Example | Topics and Well Written Essays - 1750 words

Missouri Compromise - Term Paper Example Missouri Compromise The period 1813 to 1820, an Era in which good things were just beginning to trickle down; an oftentimes referred to as the â€Å"Era of Good Feelings†; the Missouri compromise, an event that is believed to have had a major role in shaping the course of American history struck. As a matter of fact, even the colonists before the birth of the nation had been listening to their consciences, and knew in their minds that slavery was indeed, wrong. Thus, it was time to take note and recognize how cruel the vice actually was. Finally, in 1820, a minority of congressmen rose up and took an expressive stand. However small, important steps had to be made toward attainment of equal rights. The events preceding the compromise came at a time when James Monroe had taken office as the president of the new Republic with only one political faction inexistence, that being the Democratic-Republicans. Although there were a number of diverse issues to be tackled ranging from Taxation dilemmas to particular internal improvements that sprung from the Federalists ideals; a precise balance within the Senate of Congress equating the number of representative for free and slave states was regarded important in terms of house voting, and was to be upheld no matter the prevailing circumstances. Holding other factors such as the supply of cheap land constant, because freedom had to be sought anyway, Missouri soon applied for recognition as full fledged member of the union as a slave state.