Create a financial information system on pricing costing funding which Essay

Create a financial information system on pricing costing funding which is being implemented into the railway tickets and makes the prices dynamic - Essay Example was a technical support element to accomplish desktop data entry in the late 1990s has evolved into a strategic element for increasing the revenue through identifying new business development opportunities as well as providing efficient quality of service to the customers a company is serving. Public transportation in the UK serves more than 75% of the total commuters’ transportation in the UK as argued by Simon Taylor (2003)iii. Railways in the public transportation especially accounts for over 50% of the total market share in the public transport as identified by Simon Taylor (2003). This makes it clear that the rail transport market in the UK public transport industry not only forms an integral part of the public transportation but also contributes to the Gross Domestic Product. Alongside, the railway industry is also facing stiff competition from other forms of public transport like the road and air transport that is increasingly cost effective in the UK as argued by Simon Taylor (2003). From the aforementioned it is clear that the railway industry in the UK not only needs to address the competition through the effective use of information technology and managing the information for strategic advantage but also accomplish financial operational excellence ass argued by Helen Knight (2005)iv. The fact that the finance especially the billing and ticketing section of the railway industry is the gateway of income to the industry’s overall operations as argued by Helen Knight (2005) makes it clear that the efficient information management in the form of financial information management system is essential. In this report a critical analysis on the implementation of a Financial Information System in the Railway ticketing system from an information strategy perspective is presented to the reader. The essay presents a critical analysis on the macro and micro business environment for the railway business in the UK through PEST and SWOT Analyses respectively. This

Pleasant Manor Essay Example | Topics and Well Written Essays - 500 words

Pleasant Manor - Essay Example Some states enacted the policy of PPS on nursing homes where the medical providers are paid based on how severely ill the patients are rather than the volume of services provided to the patient (Griffin, 1995). The medical reimbursement provided was not enough to provide an incentive for medical providers to retain patients during subacute phase recovery. SNF was reimbursed with cost limits, the total amount needed to treat subacute patient normally goes beyond the SNF cost limit. This means that the amount dispersed for treating heavy care or subacute were inadequate. There are several theories of organizational behavior and communication that could have assisted PM from collapsing, one of it is structuration theory, this theory was developed by Anthony Giddens (Andrew, Richard, and Catherine, 1989). In this theory, leaders make decisions and choices that can limit what can be done in an organization. The decision to introduce PPS did not work well with the medical providers and it limited the choices of PM, but with proper communication, the organization could have updated their types of equipment and introduce other people with new ideas and innovative programs to drive the organization. The management should have come up with the meaningful solution to the complex problem facing the organization using innovative technological solution that could have provided answers to the problems facing PM. According to Douglas McGregor, there are two types of organizational behavior theories, these are theory x and theory Y. in theory X the manager believes that the workers are lazy and cannot be trusted, in theory, Y, the managers believe that the workers are trustworthy and capable of assuming responsibility (Andrew, Richard, and Catherine, 1989). This theory could have been important in PM since it could have promoted management understanding of employees’ motivation.