Management Accounting Information For Creating and Managing Value 8th Edition Smith Solutions Manual by Portia Giles

Management Accounting Information For Creating and Managing Value 8th Edition Smith Solutions Manual

PROBLEM 1.36 (30 minutes) Vision, mission statement, objectives and strategy 1 and 2 Many answers are possible. An example of a not-for-profit organisation is: The Australian Institute of Energy Vision – Leadership in Energy Mission – To promote understanding and awareness of energy issues and the development of responsible energy policies in Australia. Objectives: –

A strong independent Institute, representative of all energy sectors, actively networking and debating economic, environmental, social and technology issues

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Effective communication and interaction between Members

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Excellence in the provision of services to Members

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Collaboration with related organisations, in Australia and overseas, in advancing Members’ interests

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High standards of Member conduct, competence and achievement and professional interest and inquiry

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Enhanced community awareness of issues in the production and use of energy and in responsible energy policies.

(Note that for internal management purposes it is likely that these objectives would be made more specific and narrow and expressed in future orientated, quantifiable and time-related terms.) Strategies: –

To encourage dynamic branches throughout Australia, with active programmes supporting Members’ interests and debating relevant issues

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To encourage and enhance interaction between Members and other interested parties at Institute meetings and conferences and through the Institute’s internet site and journal

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To undertake continuous improvement in Member services and develop new, innovative