There are two basic concepts of financial management of the family shall be recognized by the household budget and income / earnings and cash flow / cash flow management. For more details speak as follows.
Understanding cash flow management
The cash flow or cash flow is the flow of money that passes through us to get money, hold, development, and remove with ordinary wisdom and discipline.
Knowledge of cash flows should be noted that our family finances should not be controlled chaos. There is an interesting phrase "do not worry about your finances is a deficit, it is important to know where the money flows." We discuss the graph of cash flows as follows:
Recipes
(Income) activities are designed to put money / property. Usually, the income can be obtained from these two activities, namely wages and investment.
Treatments derived from our status as employee / staff / professionals / consultants. In a family wage that can be obtained by the husband and wife work.
Results of investments made by our activities in the development of money and wealth in different ways. There are several ways that you can do to invest the deposits, Real Estate, stocks, trade performance, mutual funds, bonds, etc..
Well, all our products are generally stored in the form of cash or bank / ATM.
Expenditure
The costs for all activities that involve a reduction of our currency. From the diagram, we see many needs of our dependence. So, if not properly regulated, it would make the family budget into chaos, and if chronic can lead to failure.
In general, the family expenses such as household expenditure, debt repayments, insurance premiums, National needs of children, transport, Zakat / Tax, Entertainment / Recreation, social, fashion, etc..
When you look at all this are often mistakes made by most families is the only dwelling on income from wages to cover the costs always empty. Angat, Bulacan our little family began investing activities as a source of family income. And if we are diligent to invest, then the result of these investments may actually cover our costs even more important than the salary that we receive on this.
The discussion above is an ideal state that should be met by each family. If your family is still completely dependent on the income stream of monthly salary, then it is time to remove your money to create new sources of income of investments.
Minggu, 29 November 2009
Sabtu, 28 November 2009
Financial Management
Financial management is very important for the success of your organization. When you can control the revenues, expenditures and other financial indicators promptly and accurately, then you can also make financial decisions in the short term and long-term sense to do business and grow your business.
Columbus IT offers the complete solution for the financial management of Microsoft Dynamics AX, the leader of the ERP industry. With a module for financial management, electronic banking and capital, Columbus IT solutions for financial management gives you the tools to manage your success from now until tomorrow.
International Business Leaders
Financial management solutions for simultaneously moving in different currencies and different languages. You can conduct your business in the entire universe, which will automatically adjust to the currency and modules available that can handle complex situations throughout the state.
Strategic Plan
You can combine information from each branch and the various companies and get the full report. It makes you focus on management strategies, where you have a report automatically, do not repeat to get the data every day.
Adaptation to the regulatory
All modules Dynamics AX is part of the same system database. When you update information in a field, the system also affect the general ledger, so that the audit will be quicker and easier.
Decisions and improve your skills
Whenever you can see all financial information including disbursements, cash and investments. From experience, and use reports, you can easily monitor your business finances are healthy, from individual transactions to the global trend. Since Dynamics AX in the Microsoft products, you can easily edit your data with Microsoft Office applications. And for the progress of financial analysis, financial management solution will provide support to multi dimensional reporting and OLAP (Online Analytical Processing retained)
The result is flexible, the system can be very useful modified managing the finances of the company, and very simple in use. Columbus IT has the expertise and experience in financial solutions to meet your financial needs.
Jumat, 27 November 2009
Understanding Financial Management
A. Understanding Financial Management
Financial management is an activity of planning, budgeting, monitoring, management, control, search and storage of assets by the organization or company whose shareholders.
A brief explanation of each financial management function:
1. Financial Planning
Make plans and revenue expenditure and other activities for a specified period.
2. Financial Planning
Follow-up of financial planning with detailed revenue and expenditure.
3. Financial Management
With corporate resources to maximize the funds available with a variety of ways.
4. Search Finance
Find and use of existing sources of funding for operational activities of the company.
5. Depository Financial
Money will come to companies and funds in a safe manner.
6. Financial
Evaluation and improvement of economic and financial system in the company.
7. Audit
The internal audit of the existing corporate finance, in order to prevent irregularities.
B. Financial Management Duty
Basic tasks performed by an accountant in general:
1. First Companies Fund
2. With corporate funds
3. Divide Profit / profit companies
C. Financial Management Goals
The goal of fiscal policy director for the funds of the Company mengeloka in a company in general, to maximize its value. Thus, if a company is sold, the price as high as possible.
Financial management is an activity of planning, budgeting, monitoring, management, control, search and storage of assets by the organization or company whose shareholders.
A brief explanation of each financial management function:
1. Financial Planning
Make plans and revenue expenditure and other activities for a specified period.
2. Financial Planning
Follow-up of financial planning with detailed revenue and expenditure.
3. Financial Management
With corporate resources to maximize the funds available with a variety of ways.
4. Search Finance
Find and use of existing sources of funding for operational activities of the company.
5. Depository Financial
Money will come to companies and funds in a safe manner.
6. Financial
Evaluation and improvement of economic and financial system in the company.
7. Audit
The internal audit of the existing corporate finance, in order to prevent irregularities.
B. Financial Management Duty
Basic tasks performed by an accountant in general:
1. First Companies Fund
2. With corporate funds
3. Divide Profit / profit companies
C. Financial Management Goals
The goal of fiscal policy director for the funds of the Company mengeloka in a company in general, to maximize its value. Thus, if a company is sold, the price as high as possible.
Selasa, 10 November 2009
4 Pillars, Marketing Management
In marketing science, known as the 4 P element or an abbreviation of the product, promotion, place and price. Let us discuss one by one in a crisp, along with a variety of actual examples.
Toyota Kijang Innova, Shoes Nike, Nokia phone, Busway, savings BCA, or the practice of dental workers and paranormal services, are examples of various products ready for the market. There are products that form the physical form of goods (such as cigarettes, cell phone, or motorcycle), and shaped adapula services, such savings services, telecommunications services, or services and spa body treatments.
In the product concept, we know the premium product or products that have differentiated, unique features, and classy, which deserve a more expensive price. Examples: BMW, Porsche, Gucci watches, Giani Versace tie or Fujitsu laptop. On the other hand, there is the concept of me too products, ie products that are designed to be the imitator of the first products into the market and success. Giv is me too from Lux or HiTech is a local phone trying to imitate the Nokia product range.
Promotion is the step that needs to be done to introduce and also to persuade potential buyers to want to spend money to buy our products. In his own promotion called the promotion mix, or a combination of intangible promotion programs in the four key elements, namely the promotion through advertising, through publications, through sales promotion, and through personal selling.
Place means whether our products will be sold at a sidewalk stall or in the grand Metro outlets at Plaza Senayan. Place about distribution strategy we want to do. There gown distribution model, namely exclusive distribution, selective distribution and intensive distribution. Exclusive distribution only to market products and services on a limited outlets in order to maintain the prestige and reputation of the product. Kaos Joger example only marketed in one location, namely in Kuta, Bali. While Audemar Piaget watches are also only sold at selected outlets in shopping malls upscale. Selective distribution is a series of such products sold only in the modern outlets, such Carefour, Hero and Indomart, and are not sold in traditional markets. Meanwhile, an intensive distribution of products marketed to all types of markets, whether modern or traditional, and include the entire territory of Indonesia.
Pricing is related to our strategy in setting product prices. As mentioned above, for products with a strong differentiation, we can set a premium price. For example a Harley Davidson motorcycle or a Porsche. There are also products that are sold at low cost strategy. Eg telephone services offered by operators such as Esia cdma and Flexion.
In addition, there are three types of pricing strategies. The first is the cost-based pricing strategy, in which marketers determine the price by calculating the costs, overhead costs, and then adding the desired profit margin. The second strategy is demand-based pricing strategy, or marketers to determine the price after researching consumer desires and ensure that the price range acceptable to the target market. The latter is a strategy based on the pattern of price competition. Here marketers determine the price based on the conditions offered by competitors prices. The price may be below the market, according to the market, or on-the market, depending on customer loyalty, reputation, and competitive environmental conditions.
Toyota Kijang Innova, Shoes Nike, Nokia phone, Busway, savings BCA, or the practice of dental workers and paranormal services, are examples of various products ready for the market. There are products that form the physical form of goods (such as cigarettes, cell phone, or motorcycle), and shaped adapula services, such savings services, telecommunications services, or services and spa body treatments.
In the product concept, we know the premium product or products that have differentiated, unique features, and classy, which deserve a more expensive price. Examples: BMW, Porsche, Gucci watches, Giani Versace tie or Fujitsu laptop. On the other hand, there is the concept of me too products, ie products that are designed to be the imitator of the first products into the market and success. Giv is me too from Lux or HiTech is a local phone trying to imitate the Nokia product range.
Promotion is the step that needs to be done to introduce and also to persuade potential buyers to want to spend money to buy our products. In his own promotion called the promotion mix, or a combination of intangible promotion programs in the four key elements, namely the promotion through advertising, through publications, through sales promotion, and through personal selling.
Place means whether our products will be sold at a sidewalk stall or in the grand Metro outlets at Plaza Senayan. Place about distribution strategy we want to do. There gown distribution model, namely exclusive distribution, selective distribution and intensive distribution. Exclusive distribution only to market products and services on a limited outlets in order to maintain the prestige and reputation of the product. Kaos Joger example only marketed in one location, namely in Kuta, Bali. While Audemar Piaget watches are also only sold at selected outlets in shopping malls upscale. Selective distribution is a series of such products sold only in the modern outlets, such Carefour, Hero and Indomart, and are not sold in traditional markets. Meanwhile, an intensive distribution of products marketed to all types of markets, whether modern or traditional, and include the entire territory of Indonesia.
Pricing is related to our strategy in setting product prices. As mentioned above, for products with a strong differentiation, we can set a premium price. For example a Harley Davidson motorcycle or a Porsche. There are also products that are sold at low cost strategy. Eg telephone services offered by operators such as Esia cdma and Flexion.
In addition, there are three types of pricing strategies. The first is the cost-based pricing strategy, in which marketers determine the price by calculating the costs, overhead costs, and then adding the desired profit margin. The second strategy is demand-based pricing strategy, or marketers to determine the price after researching consumer desires and ensure that the price range acceptable to the target market. The latter is a strategy based on the pattern of price competition. Here marketers determine the price based on the conditions offered by competitors prices. The price may be below the market, according to the market, or on-the market, depending on customer loyalty, reputation, and competitive environmental conditions.
Minggu, 08 November 2009
Marketing Management
Marketing management is one of the main activities undertaken by the company to maintain the continuity of the company, to develop, and for a profit. Marketing process that began long since before the goods are produced and does not end with the sale. Company's marketing activities should also provide satisfaction to the consumer If business wants to walk on, or consumers have a better view of the company (Dharmmesta & Handoko, 1982).
By definition, Marketing Management is analyzing, planning, implementation, and monitoring programs that aim to create exchanges with target markets in order to achieve organizational objectives (Kotler, 1980).
Companies that have started to recognize that marketing is an important factor for business success, will find a way and a new philosophy involved. Ways and new philosophy is called "Marketing Concept".
Marketing function
Marketing focuses on the complex activity that must show a clear purpose and a common exchange. These activities include the purchase, sale, transportation, finance, marketing research, and risk taking.
Marketing concept
As a business philosophy of the marketing concept aims to provide satisfaction to the desires and oriented to the needs of consumers. This is a fundamental business philosophy is different from previous product-oriented, and sales.
Definitively be said that: Concept Marketing is a business philosophy which states that the satisfaction of consumer needs is the economic and social conditions for the survival of the company (Stanton, 1978).
Three elements of the marketing concept:
1. Consumer orientation
2. Formulation of marketing activities are an integral
3. Consumer Satisfaction
By definition, Marketing Management is analyzing, planning, implementation, and monitoring programs that aim to create exchanges with target markets in order to achieve organizational objectives (Kotler, 1980).
Companies that have started to recognize that marketing is an important factor for business success, will find a way and a new philosophy involved. Ways and new philosophy is called "Marketing Concept".
Marketing function
Marketing focuses on the complex activity that must show a clear purpose and a common exchange. These activities include the purchase, sale, transportation, finance, marketing research, and risk taking.
Marketing concept
As a business philosophy of the marketing concept aims to provide satisfaction to the desires and oriented to the needs of consumers. This is a fundamental business philosophy is different from previous product-oriented, and sales.
Definitively be said that: Concept Marketing is a business philosophy which states that the satisfaction of consumer needs is the economic and social conditions for the survival of the company (Stanton, 1978).
Three elements of the marketing concept:
1. Consumer orientation
2. Formulation of marketing activities are an integral
3. Consumer Satisfaction
Kamis, 05 November 2009
Types Based on Attitude Globalization Manager International
Based on the attitudes and behavior of international managers can be grouped into several types, namely:
1. Ethnocentric Manager / Manager ethnocentric
Ethnocentric Manager is the manager who has a belief or perception that the culture and work behavior in his native country much better than other places. An example is where the foreign managers prefer to provide career ladder opportunities in foreign workers only, leading to discrimination.
2. Polycentric Manager / Manager Polisentris
Polycentric Manager is the manager who thinks that foreign workers and local workers have differences that are quite far and domestic labor more competitive and skill in the field.
> tukar
3. Geocentric Manager / Manager geocentric
Geocentric Manager has a more realistic assumption than the two types of managers above. Geocentric managers understand that there are weaknesses and strengths of the existing culture that needs to be made a cultural adjustment to combine the two to form a new culture that is more powerful and effective.
1. Ethnocentric Manager / Manager ethnocentric
Ethnocentric Manager is the manager who has a belief or perception that the culture and work behavior in his native country much better than other places. An example is where the foreign managers prefer to provide career ladder opportunities in foreign workers only, leading to discrimination.
2. Polycentric Manager / Manager Polisentris
Polycentric Manager is the manager who thinks that foreign workers and local workers have differences that are quite far and domestic labor more competitive and skill in the field.
> tukar
3. Geocentric Manager / Manager geocentric
Geocentric Manager has a more realistic assumption than the two types of managers above. Geocentric managers understand that there are weaknesses and strengths of the existing culture that needs to be made a cultural adjustment to combine the two to form a new culture that is more powerful and effective.
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