A MANAGEMENT MODEL FOR A PHARMACEUTICAL CONTRACT RESEARCH ORGANIZATION Submitted by Yvonne Leonie Jacobs In fulfillment of the requirements for the degree of Doctor of Philosophy in the Faculty of Economical Science Department of Business Management University of the Free State Promoter: Prof J A A Lazenby UNIVERSITY OF THE FREE STATE 31 May 2004 A MANAGEMENT MODEL FOR A PHARMACEUTICAL CONTRACT RESEARCH ORGANIZATION ACKNOWLEDGEMENTS It is good to have an end to journey towards
Words: 19459 - Pages: 78
center and transferred products to other divisions at full cost. Signs of obsolescence came from the dependence on vendor certification, a shift from simple inspection to broader based test technology and the expensive automated equipment for components. There were two accounting systems proposed to alleviate the problem and get a more accurate cost analysis. These accounting systems were used to further trace the allocated cost pools. Central Issue The accounting systems include two parts: direct
Words: 933 - Pages: 4
Introduction Information systems (IS) development plays a central role in every organisation. It is a well-known fact that many such systems fail, costing organisations dearly. In fact in the USA more than 50% of such systems are either partial or total failures. Clearly a company takes on a significant risk when embarking on the development of an IS. Information systems role in the organisation Information systems main role in organisations is a support function; systems don’t exist for their
Words: 974 - Pages: 4
Management, Control & Accountability for Financial Resources INTRODUCTION The purpose of this paper is to identify the information needs of the internal and external stakeholders in a manufacturing concern and how they can be met. All stakeholders of a firm require different types of information to help them in the decision making process. The top management which comprises of the Chief executive officer and the board of director require information pertaining to the finances of the firm, the
Words: 3425 - Pages: 14
than public sectors. Therefore privatizing government services is a good tool for the improvement of public service. A cost analysis is necessary before the privatizing process. Before the reformation, the government did not have a specific cost system based on different activities so nothing can be measured. For a particular government service, the managers cannot measure its cost. The lack of cost data can lead to serious problems. One is no plans. As the managers do not have historical data
Words: 2746 - Pages: 11
AN IDEAL APPROACH TO STANDARD COSTING By Jitesh Chandak INTRODUCTION Before you start your study on standard costing you must be clear in your mind that you are going to study a chapter which wants more practice and hard work to develop a strong and sound concept. Costing can be defined as “The technique and process of ascertaining costs.” Standard costing is a technique, which uses standards for cost and revenue for the purpose of control through
Words: 15331 - Pages: 62
discussion of the dangers of defective products on the public and legal system. Introduction It is a fact that all individual are held accountable for his or her own actions. There are many cases where individuals invade other’s privacy causing harm to that person. There are some cases in which an individual purchases a product that has defects and the manufacturer or seller does not take the steps needed to repair or replace the product. When products have defects there are can be many dangers
Words: 1126 - Pages: 5
queries. This involved training of sales associates about the products and services that best buy offers. Unlike Walmart's strategy of low-price, Best buy's strategy was service oriented, which made them different from their competitors. Best buy started to expand its market and differentiate its products through acquisitions, It took advantage of its economies of scale, for example Magnolia Hi-Fi inc provided home theater systems and for the installation it took help of geek squad. Best buy expanded
Words: 716 - Pages: 3
Task 8 3.1 Explain the purpose and nature of the budgeting process. Task 8 IN business,budget can be defined as a plan for an organization is outgoing expenses and incoming revenues for a specific time period. Budgets are used in many organizations to Track and control spending The purpose is to ensure that available funds are used according to plan,within preset limits and not exceeding available funds. Support funding requests The purpose is to justify the use of funds and to
Words: 4703 - Pages: 19
cost recording system within an organisation Basic Costing 2 (Level 5 in Scotland) 8 (4 knowledge and 4 skills) Assessment criteria The learner can… 1.1 K 1.2 K 1.3 K 1.4 K 1.5 K 2 Be able to use the cost recording system to record or extract data 2.1 K 2.2 K 2.3 S Explain the nature of an organisation’s business transactions in relation to its accounting systems Explain the purpose and structure of a costing system within an organisation Identify the relationship between the costing and accounting
Words: 10263 - Pages: 42
