ACCOUNTING FOR STRATEGIC & MANAGEMENT CONTROL'S [CASE STUDY] Case Study

ACCOUNTING FOR STRATEGIC & MANAGEMENT CONTROL'S [ ] - Case Study Example Strategic management accounting incorporates the concept of strategic management, the elements of management – planning, implementing and controlling, and the use of financial information to aid sustainable decision making (Ramljak & Rogosic, 2012, p. 56). Based on the above definitions of strategic management accounting, after the acquisition of the Boutique Hotel by Ave-Co, the 14 Hotels were divided into three regions headed by regional managers. First, each manager had an autonomous management authority over a region. Therefore, decisions such as price determination were done without prior consultation with the parent company. To some extent, the authority given to the respective regional managers contributed to the decline in financial performance of the Boutique Hotel. The reason is the regional managers, by acting independently, could lose sight of the overall objective of the company (Ma & Tayles, 2009, p. 473-480). Second, every manager should answer to another higher authority. This helps keep the managers interests and actions in line with the overall objectives of the company. The regional managers of Boutique Hotel were acting independently, thus were under no pressure to improve the financial performance of the organization. Therefore, the mentioned reason, partly led to the decline in the financial performance of the organization (Ramljak & Rogosic, 2012, p. 94-97). The two points discussed above were concerned with the control issues in the organization. Next in line are issues concerning the Ave-Co’s finance department. The financial department of the parent company had the dual responsibility of servicing both the parent company and the Hotel. However, there was little interaction between the Hotel managers and the finance department, which inhibited the sharing of financial information. Consequently, effective financial analysis and the implementation

Critically evaluate and appraise that underpins public health practice Essay

Critically evaluate and appraise that underpins public health practice and policy - Essay Example We cannot afford to sit back and watch as health matters go astray (Steel 1987, p68). All medical practitioners from the management to the assistants have taken up seriously the matter of evidence research. There are many kinds of research, namely the randomized control trial, qualitative research, the survey and action research (Gomm & Davies 2000, p18). Evidence research is the form of research where the researcher builds his study around or based on an evidence or fact proven by an earlier conducted research. This is the form of research that is taking a toll in the current world. Nations are rooting for its development. It is relatively cheaper and faster. It encourages a chain of continuous discoveries and inventions. Strong promotion of the use of research evidence to underpin public health policy is currently ongoing. It is slowly but surely taking over from the evidence based medicine policy. In the UK, the body charged with the development of this new system of research is the National Institute for Health and Clinical Excellence. Evidence shows that the response to a similar public health intervention is very different between separate populations. Likewise, an intervention which generally improves a population’s health has the capability of increasing inequalities in health. In this regard, a government should not focus only on intervention’s average effects for it is likely to miss important differences. It is in fact argued that the approach of public health through evidence based research actually increases inequality bias. This is for instance the case when based on the fact that most people over the age of sixty die of cancer, the government responds by offering free chemotherapy sessions for this population only in its facilities. This creates an inequality bias on the other populations (Orme 2007, p28). It may even intensify the severely of the situation in the other