Organisational structure and costing system in engineering…

TASK 1Understand the importance of the ‘value added chain’ you have been asked to consider the organisational structure of an engineering company. Consider the current management structure and lines of communication, comments on areas that apparently work well and highlight areas where you believe there may be weakness in the structure which could lead to inefficiency, quality, cost, and health and safety and environmental problems for the business.

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TASK 1

Understand the importance of the ‘value added chain’ you have been asked to consider the organisational structure of an engineering company. Consider the current management structure and lines of communication, comments on areas that apparently work well and highlight areas where you believe there may be weakness in the structure which could lead to inefficiency, quality, cost, and health and safety and environmental problems for the business.

TASK 2

By research based on your company examine how a product or service is costed to ensure that on sale to the customer that the business can be confident that the activity has been profitable. This could be an example from your business with an explanation showing the various steps taken, you should try to link this to the theory used (job costing, process costing, contract costing)
TASK 1

Understand the importance of the ‘value added chain’ you have been asked to consider the organisational structure of an engineering company. Consider the current management structure and lines of communication, comments on areas that apparently work well and highlight areas where you believe there may be weakness in the structure which could lead to inefficiency, quality, cost, and health and safety and environmental problems for the business.

TASK 2

By research based on your company examine how a product or service is costed to ensure that on sale to the customer that the business can be confident that the activity has been profitable. This could be an example from your business with an explanation showing the various steps taken, you should try to link this to the theory used (job costing, process costing, contract costing)

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