Understanding Company Liabilities and Assets
Definition of Current Liabilities
Consists of those debts that the company has a financial return. Therefore, they correspond to the mass of assets required in the short term:
- Callable in the short term: Consists of the debts of the company and should return soon. These are situations in which goods or services are received and not paid, so they remain a duty or an obligation of payment.
Definition of Non-Current Liabilities
Consists of those sources of funds to be returned in a period exceeding the
Read MoreMaterial Control and Procurement for IT Projects
Purchasing and Material Control in IT
What else can a Senior Technical STI do? Manage supplies of materials for the implementation and maintenance of IT systems.
What do you get?
- Optimize costs.
- Meet deadlines.
- Ensure the quality of supplies.
Who performs it? A professional purchasing manager, whose function is to determine:
- What to buy?
- From whom will it be bought?
- When to buy?
- How to buy?
Bear in mind that:
Supply = Shopping
Supply Management = Shopping + Stock + Storage
Provisioning
The set of operations to
Read MoreKey Functional Areas and Operations Within a Company
Functional Areas of a Company
Usually, a company consists of at least five basic functional areas:
- General Management
- Administration and Operations
- Marketing and Sales
- Production
- Accounting and Finance
General Management
This is the managerial head of the company. General Management sets the company’s objectives, based on its business plan, personal goals, and knowledge. It makes decisions in critical and strategic situations, maximizing investment. Its relationship with production includes:
- Strategic
International Business Communication: Key Concepts & Strategies
Key Concepts in International Business Communication
Adaptation Strategies
- Open Tolerance: Recognizing and respecting differences.
- Humility: Showing respect for other cultures.
- Flexibility: Adapting to changes in the global market.
- Justice: Upholding principles of liberty and equality.
- Knowledge: Understanding the cultural context.
The International Communication Process
- Information Sources: Defining the message to communicate.
- Encoding: Adapting the message to respect foreign symbolism. This is a critical
Data Flow Diagrams and Prototyping: System Development
Data Flow Diagram Definition
A data flow diagram (DFD) is fundamental for developing other components. It breaks down processes and data flows to provide a detailed understanding of the system under investigation. It gives an understanding of the system, showing which tasks are performed and how they are handled.
Prototyping System Method
The prototyping system method represents a development strategy when identifying all user requirements is impossible. It’s useful when:
- Unique application conditions
Food Safety Regulations: EU and National Frameworks
This document outlines the key institutions and regulations governing food safety within the European Union (EU) and its member states.
1. EU Public Institutions
Directorate General for Health and Consumer Protection (DG SANCO)
DG SANCO plays a crucial role in ensuring food safety across the EU. Its functions include:
- Establishing regulations on food, prioritizing risks for investigation.
- Inspecting national authorities responsible for food safety.
- Assessing the food security of countries joining the