MIS Minicase Essay Example | Topics and Well Written Essays - 750 words

MIS Minicase - Essay Example Besides, a considerable share of the gross national product of developed economies is in intangible form (Nakamara, 45). An intangible is a non-monetary asset that used in production or supply of services and goods. It can either be used for administrative purposes or rented to third parties. Patents and copyrights are some of the examples of legally acknowledged intangibles that can be valued effectively. This is not the case for some intangibles like goodwill, brand equity, inter organizational relations and intellectual capital. It is inherently difficult to determine the intrinsic value of businesses that operate in fast changing markets and high research and development. Case in point is the treatment of employee training expenses; treated as expenses with no future value yet in the real sense the value of experienced employees exceed the training expense. The value gap of intangibles is further created by accounting systems that value them as assets that are not easily counted. However (Boulton, Libert, and Samak 21: 29-35) found out that the book value of many publicly traded companies rose from 5 percent to 72 percent of the market value in the period1978-1998. This shows that only a paltry 28 percent of value was reflected in the balance sheet. In their research (Ryan and Harrison 16: 11-40) discovered that IT investments elude conventional valuation methods because of hidden costs and benefits. Despite the challenges posed by the effective determination of intangibles, business organizations recognize that organizational performance is linked to intangibles like brand equity and organizational effectiveness. Intangibles deliver benefits that are not easily quantified a factor which relegates them to complimentary yet, they also form the basis of organizational success. Intangible benefits like customer satisfaction, employee coordination, access to information and improved

Inter Office Memoramdum Essay Example | Topics and Well Written Essays - 750 words

Inter Office Memoramdum - Essay Example In response to your query about the type and effectiveness of an economic policy as a large part of campaign, here I am presenting the following details that will give you an insight about the pros and cons associated with each policy and the basic complementary things associated with each courses of action. In order to have a control over finance, there are two courses of action namely Fiscal Policy and Monetary Policy. These are basically two separate, yet equally important strategies by which we can enact and control our finances and can stabilize economics fluctuation (Iwamoto, 2005, p.3). This came into play mainly after the Great Depression of the 1930’s when it was necessary to regulate how and what was happening financially, how money was being taken in and then later spent, how budgets were enacted, how banks could conduct business, and so forth. Following paragraphs give detail about both Monetary Policy and Fiscal Policy. The process by which the government, central bank, or monetary authority manages the supply of money or trading in foreign exchange markets is referred as Monetary Policy. Monetary Policy is based on the relationship between the rates of interest in an economy, that is the price at which money can be borrowed and the total supply of money. It employs a variety of tools like monetary base, reserve requirements, discount window landing and interest rates to control the price at which money can be borrowed or the total supply of money hence influences the outcomes of economy like economic growth, inflation, exchange rates with other currencies and unemployment.