exl_functions

Main Functions within a Firm Managerial resources to be managed and controled at the respective department Examples of specific resources
Personnel Human resources top managers
    middle and junior managers
    employees (workers)
Finance and Accounting Financial resources cash, deposit
    working capital (working funds)
    funds for new investment in equipment
Marketing Informational resources (intangible) corporate image
    marketing know-how
    distributional channel
Research and Development Informational resources technological advantage
    new product design
    basic and applied research
Production (Plant and maintenance) Physical resources raw materials
    land and buildings
    plant equipment and office supplies
     
  Job title in Japanese Translation
top managers Kaichyo, Shacho, Fuku shacho, Senmu-torishimariyaku, Jyomu-torishimariyaku, Torishimariyaku Chairman, President, Vice-Pr., Senior managing director, Managing director, Directors
middle and junior managers Middle: Bucho, Kacho. Junior: Kakaricho, Hancho, Shunin, Shokucho, Uriba-sekinin-sha, Tencho Middle: Dpt. head, Section head. Junior:Sub-section chief, Group leader, Person in charge, Foreman, Floor manager, Store chief
How the Managerial Resources Are Used for Business Management: Deming's wheel for quality control :
  1. Note that the whole process below is influenced by the factors outside the firm (such environmental factors as the yen-dollar exchange rate, the oil price, the stock and land price behavior, the interest rate, and so on).

  2. Two types of managerial resources as classified with regard to time element: Stock and flow types as related to accounting period:
    1. "Stock" resources: those recorded in balance sheet. E.g.: cash, financial asset, total asset, debt, equity; number of workers.
    2. "Flow" resources: those recorded in profit and loss statement. E.g.: sales revenue, R&D cost, net profit; value added.
      • Efficiency achieved by managerial resources
        = corporate performance (output)/managerial resources utilized (input),
        where both numerator and denominator are to be "flow" data; average "stock" data during the accounting period [= (stock level at beg + stock level at end)/2] is usually used as proxy for the denominator.
      • E.g.
        sales revenue (output)/number of workers (input),
        net profit (output)/number of workers (input).


更新日 98/08/11
名前 kojima