Business Accounting Case Study: Business Process Analyst

Improved Essays
1) a- Business Process Analyst b- This job needs a person who has an experience and background of finance, which can analyse the complex finance process to be more effective. Also, under this job, the worker must be able to write reporting about the corporate finance environment. In addition, having good communication skills that can help working with stakeholders. The job is located in Auckland city centre, at Alexzander James Company. The work type will be either contract or temporary. http://www.seek.co.nz/job/30635407?pos=9&type=standout&engineConfig=&userqueryid=136066905707306194&tier=no_tier&whereid= c- The business finance is basely managing money and other valuable assets such as stock. Therefore, the business finance role can match the requirement of this job provided above which is managing and investing strategy on debt. d- Even the technology is improving, …show more content…
Which is that the remuneration based on the responsibility, self-performance and the experience. Moreover, the executives are employed by the subsidiary companies.
C- The purpose of using the short-term is to create goals that support the achievement and the performance-oriented culture by measuring the cash payment against the key performance indicators.
The company reward high performing individual contribution supporting business goals and objectives by agreed those with the director goals.
D- The purpose of using the Long-term incentive is that to align the executive’s performance with shareholders interest providing the quality that help retain valuable employees.
The reward of using the Long- term incentive is that when the director need to make decision about the dividend on shares, they can see what the performance had in the last financial year and the

Related Documents

  • Improved Essays

    Along with a diverse compensation structure, which included different rates of pay for different products manufactured (“Piece Rate”), the company adopted an annual incentive bonus based on the year’s financial performance. The annual incentive for each employee was then tied back to their annual performance review. This meant every employee would get a bonus based on the overall company performance, however, their share was fully contingent upon them. When interviewed for the study Betty Stewart stated “I think with the incentive program the way that it is, if you want to work and achieve, then you will do it. If you don 't want to work and achieve, you will not do it no matter where you are.…

    • 883 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Case Study Muhammad Hussain Muhammad Owais Grade12 BOH4M VanCity Maslow’s Hierarchy of Needs Abraham Maslow came up with a set of individually required needs that are sufficient for one to commence a journey into self actualization. VanCity has ensured a great and consistent workforce that enables their employees to Self Actualize. The ways that they provide room for improvement are as follows: Lower-order needs: Focus is something usually dependant on the security and safe environment of a person. If something troubles a person or can put them in danger they can be a victim of constant anxiety. Safety from hazardous substances, dangerous procedures and harassment are a few of the major factors in workplace safety.…

    • 1068 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Unit 14 P1

    • 1298 Words
    • 6 Pages

    The role is offered on a fixed term contract for a period of up to six months on a full time basis, reporting to the Head of Operations based in…

    • 1298 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    “The mission of lululemon athletica is to provide the components that will help people live longer, healthier and more fun lives… the belief in the interconnectedness and codependence of all being on our planet…” Lululemon’s belief includes 5 major categories: people, communities, environment, reputation and long term effects. People, it is the belief that people do give their best efforts in healthy environments, which includes the balancing of health, family and work, as stated in the article “the belief that there is no separation between health, family and work.” Lululemon’s products are usually purchased by people who apply health and wellness into their normal, day to day lives. There are educators who participate in in-store yoga…

    • 406 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    A business investor wanting to start a business or invest in Australia. 4. An employer needing to sponsor employees from overseas to work in Australia. 5.…

    • 183 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Introduction In this task I will be talking about stakeholders. I will discuss how the different stakeholder will influence a business and why they’re interested in the businesses finances & any other operations. Stakeholders can be anyone that has an interest in a business. They are individuals, groups or organisations that are affected by the activity of a business.…

    • 775 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The 2-2 Case Study is based on the CircleWorks business, nearly fifty years old, known for their custom bicycles. The Human Resource Director Sheila Gaines is considering incentives that will encourage personnel to encourage teamwork, employee involvement, and increased productivity. The organizational culture is dominant in the management practice of employees being motivated only by the satisfaction of getting the job done, while the company management is resistive to change. Taking consideration to the competitive market, and advanced technology, the HR Director feels there needs to be more incentive for employees to grow as an organization. Sheila has considered implementing incentive programs, such as, productivity bonus awards and/or a gain sharing plan (Gain Sharing at CircleWorks, n.d.).…

    • 1107 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Harry Denton Case Summary

    • 1083 Words
    • 5 Pages

    Delarks’s new CEO, Harry Denton, has transformed the near bankrupt chain of department stores into a trendy and profitable business full of buying customers. However, in order to arrive at its current success, Denton forced the company through some major changes. Due to a lack of discernment as a new and inexperienced CEO, the longstanding clothing retailer is now facing tremendously low employee morale and the threat of abandonment by key leaders and management personnel. Despite the financial and market gains, the company is experiencing low morale as a result of corporate restructuring and layoffs. Most of Delarks employees have a negative perception of the company due to psychological contract breach.…

    • 1083 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Motivational Theory Essay

    • 814 Words
    • 4 Pages

    It can be difficult to apply the motivational theory for some companies. There were multiple theories that businesses applied to cope with their workers to improve their motivation at work. One theory that managers have used was the expectancy theory. Expectancy theory is broken up into three stages expectancy, instrumentality, and valance (Expectancy Theory of Motivation). When using the expectancy stage, the perception of the workers by showing efforts will enable them to attain their performance goals.…

    • 814 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Introduction In this case analysis, we will be discussing the Diagnostic Products Corporation (DMC) Performance Bonus Program. In examining this program, we will evaluate it as a whole and how it is currently being implemented. After doing this, we will offer any suggestions we feel will enhance this compensation method. Following this, we will look at alternatives to the bonus compensation option.…

    • 1705 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    Agencies have many resources and tools which they use in order to accomplish their mission and goals that have been set forth. Performance management is one of the many tools used by agencies to help improve the overall effectiveness of the agency by involving their employees to understand their individual importance to the organization. There are five basic components of a performance management system which organizations must utilize in order be effective and successfully be able to achieve the organization’s mission and goals (Naff, Riccucci, & Freyss, 2014). According to Naff et al., Performance management involves a set of steps beginning with establishing goals and communicating these expectations to employees, developing employees’…

    • 1002 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Today humans are considered as one of every company’s most important assets, so they efforts need to be efficiently and effectively rewarded. Compensation is a main factor for organization to attract, retain and motivate its workforce. Individuals look for jobs that not only suit their abilities and talents, but compensate them accordingly in terms of salaries and other benefits. "The term employee benefits refer to compensation other than an hourly wage or salary. Examples of specific employee benefits include paid vacation, medical insurance coverage, and tuition reimbursement, but the number of employee benefits can be staggering” (Martocchio, 2014).…

    • 1182 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    Business is a sector that I have had an interest into for a long time due to the wide range of content and opportunities available. I first began studying business at GCSE level; following this I also studied it at A-Level achieving an A* in both. My passion for business alongside my ability to succeed in this subject impacted heavily on my degree choice. I feel that accounting and finance links business with a career as accountants work with businesses making it a great choice for me. The first time I experienced working in an accounting environment was when I took part in a discovery program with KPMG in July 2015.…

    • 1519 Words
    • 7 Pages
    Great Essays
  • Great Essays

    1. Introduction Banking is a network of corporations and regulations that provide a variety of financial services. Basically, banking services provide holding money on behalf of customers, providing loans to businesses and individuals, providing investment and insurance services and so on. Banking system is usually regulated by country’s laws and central banks of individual countries. Finance is usually defined as the science of money management.…

    • 1257 Words
    • 6 Pages
    Great Essays
  • Superior Essays

    It is important that the message be sent loud and clear to all employees within the organization that the change must be attacked with an extreme sense of urgency. It is also important for the top level of the organization to have a realistic plan in implementing change. Many times top level management overestimates how many big changes they can force early on. They also underestimate how hard it is to drive people out of their comfort zones (Kotter, 1996). In order to achieve this management must create a powerful…

    • 1777 Words
    • 8 Pages
    Superior Essays