Assignment Example | Topics and Well Written Essays - 2500 words - 3

Assignment Example Through focusing on the activities instead on the departments, activity based costing allows the management which is activity based, to become an active catalyst for the improvement of product quality and business procedure reengineering (Lewis, 1995). It provides exactness in the costing process in relation to the end-customers of product, product line, the inventory-keeping units utilized by the organization and the category and channels which reorganize the product flow from the manufacturer to the end customer. This method better supports to understand the perception of the overhead costs which means allocation of widespread business resources because they are utilised by definite product lines as well as their relation towards exact cost driver (Lobo and Paulo, 1998). This method works best with up gradation and quality improvement programs. One special feature of this method is that it imitates the actual process of business, as the requisition of widespread pool resources occurs in the similar way as the common resources are utilised in the firm (Lobo and Paulo, 1998). It offers a more exact method of service/product costing, therefore leading towards perfect pricing decision. This method also increases the understanding of cost drivers and overheads; and makes non-value adding and costly activities more noticeable, thereby facilitating managers to eliminate or reduce them (Cgma, 2014). Activity based costing enables efficient challenge of the operating costs in order to find enhanced ways of assigning as well as eliminating overheads. It also supports the technique of performance management, for example continuous management (Cgma, 2014). This method will help Berry Ltd. to determine which products, resources, and services are actually increasing their productivity and which are causative to the losses. Supervisors are then capable to produce data in order to generate an enhanced budget

Technology management db 3 Essay Example | Topics and Well Written Essays - 250 words

Technology management db 3 - Essay Example In addition, having separate databases helps businesses run professionally and effectively (Umar, 2004). In other words, loss or damage of information in one database does not necessarily mean the business will close as there is a back-up. A large proportion of businesses today are opting to install wireless networks as opposed to wired networks. According to Oja and Parsons (2006), wireless networks are cheaper as compared to wired networks. Installing a wired network is considered very expensive, and also incurs extra costs in maintenance. A wireless network is also efficient and dependable as opposed to a wired network. This is because a wired network restricts movement while people using a wireless network can move freely, interact, and work from anywhere in the office. A wireless network also ensures the office is kept tidy and orderly as opposed to a wired network whereby wires are all over the office. A wireless network has a lot of benefits for a business or company. According to Gast (2005), unrestricted movement within the office elevates the level of productivity as workers are able to communicate easily, share ideas, and work in teams. It also saves time as it is easy to install, and saves the company money in terms of cost an