Boardman Management RFP Assesment Article Example | Topics and Well Written Essays - 1000 words

Boardman Management RFP Assesment - Article ExampleAt the direct stage of summary, Boardman Management will need to investigate the possibility of using lower-priced materials. If this is not possible, the organizational coordinate will be redesigned to take advantage of lower-priced materials. Such an approach will enable the company to keep competitive and, in some cases, beat the prices of its competitors. Additionally, the assessment will be made regarding the possibility of storing the address data for in-process items on-line within the computerized education system so that cost data would always be up to date. With the implementation of such an approach, the problem of out-of-date standard cost figures should never recur (Burkun, 2006).The analysis of the budget will be an important mistreat for Boardman Management to evaluate and calculate investment decisions. Budgets atomic number 18 both planning and pick up mechanisms that, although essential to control (particul arly cost control), serve as a oddment between planning and control. They refer to future periods of time, and translate company plans into financial resources. They furnish a lam for future expenditures, and by helping to guide actual performance toward budgeted performance, assist in the achievement of objectives. Budgets examine expected relationships among a number of factors in need of control, such as expenses for advertising, ware planning, in-person selling, and product development. They may be thought of as short-run aspects of planning (Burkun, 2006).The succeeding(prenominal) step is to analyze the proposed twist of changes and their impact on the organization. The evaluation will uncover an important problem that is not included ab initio in the investigation. The assistant analysis will take several directions. The company will analyze cost required for implementation and change management, and time schedule. The cost control difficulties caused by restructuring are not unenviable for the experienced outside auditors to detect. However, developing appropriate recommendations in the form of cost control procedures take a little more time. Such analysis requires the development of different cost information, with cost classifications normally supplied by accounting statements. But generating relevant cost information from accounting statements, though conceptually simple, is actually preferably complicated. First, the problem of discerning the costs of different activities is not easy (Burkun, 2006). Second, the allocation of costs among functions and other control units involves subjective judgments. Accountants classify expenditures on a natural basis. Hence, costs may be assigned to advertising, personal selling, transportation, warehousing, and sales promotion. The real purpose of these expenditures, however, is to achieve other objectives, such as sales, market position, image, and reputation.The next step of responses evaluation is t o analyze pros and cons of the proposed software and its benefits for the company. The effectiveness of management and its staff in fulfilling their assigned tasks is evaluated. Within the next subsection, the ability of R&D management to exert the necessary leadership to accomplish stated objectives and carry off R&D projects effectively is examined. In a somewhat similar manner, the upward and downward flows of information between different departments and its staff