Securing Higher Grades Costing Your Pocket? Book Your Assignment At The Lowest Price Now!

- +
250 Words
Upload File
    Choose Your Topic

    Lean Thinking (Critical Analysis and Challenges)

    Question Preview:

    “There’s a fallacy perpetuated by some that government is fat and wasteful,” says Eric DeLong,deputy city manager for the City of Grand Rapids, MI. “We’ve had to cut almost 300 people, andwe’ve still found a way to provide exceptional services in most cases. I challenge people to comehere and find any fat.”With a history of innovation dating back to 1916, when it was one the first municipalities to enact acommission­ manager form of government, the City of Grand Rapids, MI, has embarked on a leanjourney that has freed up limited resources and impro...

    Solution Preview:

    Lean thinking has become one of the most studied processes or methodologies in business management. It refers to incorporating smart and intelligent ways to optimize consumer or client value; the chief objective of this process is to eliminate waste of any kind and in every sector that is involved in the business.Based on this approach the Eric DeLong, the deputy city manager for the city of Grand Rapids, MI stresses on changing the notions and administration of government in that particular region.The central focus of lean thinking is to appoint efficient and responsible people who will help redesign the entire system. DeLong observes that improvement and constructive projects cannot remain limited to the private sector. He states that lean methods must be incorporated to enhance the governance of the city. DeLong believes that there are several opportunities and they should to be explored to bring about positive changes in the city. 

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

    Get Full Solution In $15Pay Now

    $15

    Orginal Price : $19.50

    PAY NOW

    Upload Assignments

    Get your free personalized course list

    - +
    250 Words
      Get Your Assignment

      Don’t delay more, place your order now. Quick assignment help will be offered to you.

      ORDER NOW
      Our Testimonial
      ...
      Divya Chopra
      Management Student Studying in Australia

      I had a splendid experience with LiveWebTutors. They are always available to help. I was glad when they gave me an original solution of my assignment in just 12 hours and I got A grade in it. Thank you Livewebtutors! You are the best!

      ...
      Mohit Lakhotia
      Management Student Studying in Australia

      My experience with LiveWebTutors was nothing short of excellence. Whenever I approach them, they always take care of the requirements and offer me solutions exactly as I need

      ...
      Richa Khandelwal
      Business Studies student, studying in Australia

      They took care of the plagiarism issue that I was facing and delivered a 100% authentic and plagiarism free assignment. I was proud to receive an A+ because of the exceptional online assignment help that I received.

      ...
      Monika Jaiswal
      Law student, studying in Australia

      An assignment that was taking me around few months to be done was delivered to me in only a few weeks. Thank you, team of LiveWebTutors, for such swift support'