Add Papers Marked0
Paper checked off!

Marked works

Viewed0

Viewed works

Shopping Cart0
Paper added to shopping cart!

Shopping Cart

Register Now

eKönyvtár library
FAQ
 

Great deal: today with a discount!

Regular price:
1 435 Ft
You save:
243 Ft
Discounted price*:
1 192 Ft
Purchase
Add to Wish List
ID number:947303
Evaluation:
Published: 15.06.2003.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

a. Did Altex need a new system? (What are the most critical problems facing Altex at the takeover? what does Ted see as the purpose of a control system? Did Altex meet their objectives?)
Yes, Altex really need a new system, because Altex is facing some critical problems at the takeover by Ted and Franck. The first most critical problem is the actual management system: the system in place was one accountant (Sarah Arthur) who kept everything in her head. The system was incomprehensible and complicated for the employees. Even the department managers knew nothing about their profitability of their operations. If they need anything, they should contact Ms. Sarah Arthur. It's a totally centralized system. So it took lots of time to obtain something for one department. Sarah managed the mail, bills, checks, collected cash from all departments and keeps it. She also managed all receivables and payables.
The second most critical problem is cash crisis. Altex had a loss of 100,000 dollars on sales of 2,000,000 dollars in fiscal year 1971, this left the company with a negative net worth. They have to pay their suppliers. Their debts are bigger than what they have. So they should find a solution to solve the problem.

Work pack:
GREAT DEAL buying in a pack your savings −1 669 Ft
Work pack Nr. 1271021
Load more similar papers

Send to email

Your name:

Enter an email address where the link will be sent:

Hi!
{Your name} suggests you to check out this eKönyvtár paper on „Assuming Control at Altex Aviation”.

Link to paper:
https://eng.ekonyvtar.eu/w/947303

Send

Email has been sent

Choose Authorization Method

Email & Password

Email & Password

Wrong e-mail adress or password!
Log In

Forgot your password?

Facebook

Not registered yet?

Register and redeem free papers!

To receive free papers from eKönyvtár.com it is necessary to register. It's quick and will only take a few seconds.

If you have already registered, simply to access the free content.

Cancel Register