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Controlling Performance (Inventory Control (Types of Inventory (Work-in…
Controlling Performance
Quality Control
8 Dimensions of Quality
Conformance
Serviceability
Reliability
Durability
Feature
Aesthetics
Performance
Perceived quality
Total Quality Management ( TQM )
TQM Technique: Quality Circles
Budget Control
Types of Budgets
Revenue budget
Cash budget
Expense budget
Capital budget
Budgetary Approaches
Top-down budgets
Bottom-up budgeting
Advantages of Budgetary Control
Disadvantages of Budgetary Control
Financial Control
Financial Statements: The basic numbers
Balance Sheet
Income Statement
Financial Analysis: Interpreting the numbers
Activity ratio
Profitability ratio
Liquidity ratio
Financial Audits: Verifying the numbers
Internal audit
External audit
Inventory Control
Types of Inventory
Work-in-progress
Finished Goods
Raw materials
Importance of Inventory
Cost of Inventory
Importance of Inventory Management
Inventory Control Methods
Economic Order Quantity ( EOQ )
Just-in-time Inventory Control ( JIT )