using electronic spreadsheets for much of its data-gathering and reporting. Lois Stambaugh, Hanover's financial analyst, would spend the entire final week of each month collecting Excel spreadsheets from the heads of more than 50 departments worldwide. Then she would consolidate and reenter all the data into another Excel spreadsheet, which would
Words: 1592 - Pages: 7
Choosing a communication Medium There are two types of communication mediums needed for any successful business; Physical Media and Mechanical Media. Physical media channels where the person who is talking can be seen and heard by the audience. The whole point here is to be able to not only hear the messages, but also to see the body language and feel like they are in the room. This does not need to be two way channels. In certain situations the receiver expect physical communication. This is
Words: 529 - Pages: 3
ic French Applications: Microsoft Office Suite, Stata, MathLab, Factiva, Capital IQ, Lexus Nexus
Words: 435 - Pages: 2
Program Overview Who Succeeds Career Paths Co-op Opportunities Resources/Links Management Information Systems (MIS) Program Overview Management Information Systems is the merging of the business world with the need for technology to succeed. While technology continues to advance and change, it is only useful in business when developed in the context of how it will be utilized. It does a company no good to bring in the latest software or create new systems if they do not increase
Words: 535 - Pages: 3
Source: S. G. Powell and K. R. Baker, 2004. The Art of Modeling with Spreadsheets. New York: Wiley & Sons. Copyright © 2004 by John Wiley & Sons, Inc CHAPTER 1 INTRODUCTION MODELS AND MODELING Modeling is the process of creating a simplified representation of reality and working with this representation in order to understand or control some aspect of the world. While this book is devoted to mathematical models, modeling itself is a ubiquitous human activity. In fact, it seems to be
Words: 4929 - Pages: 20
Interpretation of Modeling and Simulation Can there be a better fit for a company out there that uses Microsoft Excel to conduct modeling to simulate their business growth other than Microsoft itself? Microsoft has made billions of dollars selling their Microsoft Office Suites and their home computer operating systems around the world. They have become one of the largest and well known companies in the world. The way that I see it, is that Microsoft’s business model, in a nutshell, is
Words: 1781 - Pages: 8
Monte Carlo Simulation Tutorial This tutorial shows how to use Microsoft Excel to develop Monte Carlo simulations without the use of add-ins or special software (such as @RISK or Crystal Ball). (Note, however, that there are some important advantages of using these dedicated software packages.) After completing the tutorial you should have a sufficient understanding of Monte Carlo concepts and Excel capabilities to begin building your own Monte Carlo simulations applied to a wide range of business
Words: 2387 - Pages: 10
versus their current database, Microsoft Excel. Team B will explain the usefulness of converting data currently held in Microsoft Excel into a relational database using Microsoft Access. Team B will also introduce types of collaborative software; how this software can improve communications and streamline work processes. Microsoft Excel Microsoft Excel is the most used spreadsheet program (Grauer, Poatsy, Mulbery, Hulett, Krebs, & Mast, 2011). In Excel, a worksheet is a single spreadsheet that
Words: 631 - Pages: 3
Proposal For Microsoft Office ® Training Prepared for ------------------------------------------------- Prepared By: September 22, 2014 ------------------------------------------------- Confidentiality Notice This document, and any attachments thereto, regardless of form or medium, is intended only for use by the addressee(s) and may contain legally privileged and/or confidential, copyrighted, trademarked, patented or otherwise restricted
Words: 889 - Pages: 4
(fixed) cost during the year, but that direct labor is a variable cost. 1. Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability for the four products. You will need to create an excel spreadsheet or working paper to show your calculations and formulas. 2. If any product is unprofitable with this cost assignment, drop this product from the mix. Recalculate the overhead rate based on the new total direct labor hours remaining
Words: 304 - Pages: 2
