Experience with application of theory Essay Example | Topics and Well Written Essays - 1250 words - 1

Experience with application of theory - Essay Example ng our impressions of the experience – how unbelievable the lines were, what classes we were going to be taking, whether we had picked a major yet, and wondering how much longer it was going to take. During these early conversations, because they were a series of very short question and answer type talks alternating with long periods of silence while we watched other people, we didn’t talk too much about our personal lives. I almost forgot to even ask her for her name. I probably wouldn’t have remembered to ask except we discovered we would be in some of the same classes. That first day, as soon as we were finished with the whole registration process, we said goodbye and expected to see each other in class. The next time I saw Patti was when we accidentally bumped into each other at the student bookstore. We were looking about the same as we had been in the registration lines – both of us looking sheepishly around trying to figure out just how we were supposed to know which books were the books we needed and where we might be able to find those fabled used books that were supposed to be so much less expensive than the new books. The sight of a familiar face, even one that was only vaguely familiar like Patti’s, was a welcome sign in an unfamiliar world. Together, we figured out how to learn which books were required and discovered that one of the most expensive books on our shared list only had one used copy left. The new books were twice as much and both of us were going to college on our own funding. We decided to be practical about the situation. We decided that we would both save money by splitting the cost of the one book and then sharing it through the semester. Whe n we sold it back to the bookstore at the end of the semester, we would split whatever we sold it for. This conversation led to an exchange of addresses and we discovered that we didn’t live very far from each other, which meant that sharing the book would be even

The Effectiveness of Various Organizational Functions that Involve the Term Paper

The Effectiveness of Various Organizational Functions that Involve the Controller - Term Paper Example Effective organizational functions make the building blocks of an efficient organization. Different organizations develop different approaches for organizational functioning in order to protect the interests of various stakeholders while leaving managers enough freedom to take managerial decisions and actions. The effectiveness of organizational functions depends on decision-making and on the execution of decisions. The controller or senior financial officer of the organization plays major roles in planning and managing different organizational functions. Their capabilities and efficiency are often reflected in organizational efficiency. Organizational functions that are based on the principle of profitability for all of the organization's stakeholders assure the most effective behavior of enterprises. With the evolution of modern organizational management practices, the owners and different stakeholders of the organization hire professional managers to manage organizational functions. This helps in the development and optimal exploits of organizational functions. This professional controller or senior financial officers strive for most efficient coordination between various organizational functions. Planning and budgeting are essential components of an effective and efficient organizational function, though run incongruence of the planning process, should not interfere with the planning process in the same way planning process should also take care of budgeting and should not pursue unrealistic visions without any consideration of economic feasibility. It has been pointed out by various studies on the relationship between strategic planning and budgeting that a better strategic planning results in reduced budgeting constraints and more efficient organization and in turn reduced budgeting constrain and efficient organization results in better strategic planning.