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Hey Marseilles – Rio

I watched this clip and I enjoyed with it. Not because I like the song, but because I like their idea which is creative idea (very creative) !

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Business Intelligence

Today’s organizations can collect and store tremendous amounts of data. Some companies use data warehousing, which refers to the use of a huge database that combines all of a company’s data and allows business users to access the data directly, create reports, and obtain answers to what-if questions. Others have data stored in multiple sources. In addition, companies have access to numerous sources of outside data.

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Line and Staff Authority

An important distinction in many organizations is between line authority and staff authority, reflecting whether managers work in line or staff departments in the organization’s structure. Line department performs tasks that reflects the organization’s primary goal and mission. In a software company, line departments make and sell the product. In an Internet-based company, line departments would be those that develop and manage online offerings and sales. Staff departments include all those that provide specialized skills in support of line departments. Staff departments have an advisory relationship with line departments and typically include marketing, labor relations, research, accounting, and human resources.

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Test Post

The very first post from mobile. Will come up with interesting posts later on. Still tune……..


Activity-Based Costing (ABC)

Managers measure the cost of producing goods and services so they can be sure they are selling those products for more than the cost to produce them. Traditional methods of costing assign costs to various departments or functions, such as purchasing, manufacturing, human resources, and so on. With a shift to more horizontal, flexible organizations has come a new approach called activity-based costing (ABC), which allocates costs across business processes. ABC attempts to identify all the various activities needed to product a product or service and allocate costs accordingly.

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