Different types of structure diagrams are used for effective communication in organizations, including work breakdown structure diagrams, functional modeling, organizational charts, and data models. These diagrams help manage day-to-day activities, describe complex business models, and define data relationships within a database. They are also used in systems architecture to create a better understanding of how […]
Cost structure analysis is a process that reviews all types of costs required to complete production processes. It includes a review of cost types, cost behavior, and break-even analysis to define how efficiently and effectively a company completes activities. Identifying costs helps the review process, and management accountants often engage in cost structure analysis activities […]
A fee structure is a list of fees associated with products and services offered by a company, which must be disclosed to customers upon request or as a convenience. Financial institutions must disclose fees for services such as account maintenance, trades, and document reproduction. Companies can update their rates, but must provide legal warning and […]
Organizational structure changes can result from mergers, economic changes, and process improvements. The new structure aims to maximize strengths and reduce weaknesses, and may involve centralizing decisions, outsourcing, or eliminating positions. Changes in organizational structure can result from a merger or acquisition, economic changes, and process changes. These changes are usually initiated due to an […]
