Management Control Systems at Reliance Industries Limited

1 Improved productivity: improving the efficiency will help the organisation to produce more products/ goods for the same overheads, whilst earning better profits

The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India's largest private sector enterprise, with businesses in the energy and materials value chain. Group's annual revenues are in excess of US$ 66 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company

This report looks at the fundamental generic building blocks of competitive advantage and talks in detail about one of the major factors, which is superior efficiency. The report identifies what superior efficiency is and how it could benefit an organization in generating competitive advantage. Finally the report will evaluate the methods in which the company could achieve superior efficiency.

Reliance Communications has pan-Indian presence in next generation, integrated, convergent digital network that supports best-of-class communication services, covering over 21,000 cities and towns and over 400,000 villages in India. Reliance Communications owns and operates the world's largest genY IP enabled connectivity infrastructure, comprising over 280,000 kilometers of fiber optic cable systems in India, USA, Europe, Middle East and the Asia Pacific region. It is also the only company to employ dual technology, GSM and CDMA, operator in India. Its revenue stands around USD 3.3 billion. Chaired by Anil Ambani, Rcom is headquartered in Mumbai, India.

While undergoing transformation, various factors have and are still accelerating metamorphic process of the company (Victoria Times Colonist, 2010). Need for improved efficiency is one of the factors that have accelerated change within the firm. Company’s efficiency determines how fast production process is. Efficient company not only improves quality of its products but also is important in quality of services delivery. Effectiveness of labor in a company also constitutes

The phenomenon of economies of scale is being used by various organisations and business firms in the sectors like manufacturing plants or the entire unit.

Dentistar, Inc. was formed in 1985 to provide dental and orthodontic services to subscribers of their prepaid dental plans. This report examines the western region’s office, located in Los Angeles, and its issuance of excessive manual checks that resulted in multiple bank overdrafts. Results indicate that only minimal efforts have been made for internal control measures in this office and companywide, and that weaknesses have allowed the Finance Coordinator to embezzle funds. There are many issues to be addressed, and several remedial actions to be taken to prevent these types of losses going forward.

they propose ways to improve the business’s efficiency. They point out the importance of how to

I would suggest the company should implement the strategy which enables greater operational efficiency, in doing so the company should implement the following strategy in order to improve its financial performance:

The need of the modern business to look outside of the doors of the company to improve profit margins has become a necessity in today’s market. The advent of technology and crossing of borders have expanded this search for efficiencies to other countries.

Research project outline specifications are including the research issue that impacts the effectiveness of efficiency of the business organization. This research project is

This paper shall focus on the criticalities involved in LJB’s transactions and how it may implement internal controls to the business processes while increasing the accountability of individuals involved in its ‘lean business process.’ With the advent of the Sarbanes-Oxley Act and its repercussions to the manner in which businesses must prevent fraud (both external and internal) to not misrepresent any of its financial data to its investors – the same applies to LJB’s Company since it has plans of going public and hence goes under the scrutiny of everyone (aka the investors and the larger business community looking for investment

Although financial information is not available for all competitors, the top 3 competitors show a discrepancy in production efficiency. This would lead the analysis to support the existence of other significant factors influencing the value chain outside of production. These could be the cost of supplies, distribution and marketing.

Reliance is the biggest company of India in the world. Dhirubhai H. Ambani (1932-2002), is the owner of this industry. Reliance industry is a one type of clustered company in the India. Main headquarter of reliance industry in Mumbai, Maharashtra, India. Reliance company has own business in the fabrics, energy, telecommunication, natural materials, photo chemicals and oil –field. In the across of India reliance is third most of beneficial organization in the India and second largest company in the oil field corporation. The company has 107 rank in the terms of revenue and 128 in profit over the world. Reliance has name the list of 500 largest companies of the world. The company has 215 rank in the Furtune Global as of 2016. RIL

The purpose of this case study is to describe and analyse the features of the management control system (MCS) of University of Southern California (USC). Before commencing the analysis a brief background of USC is provided.