St . Francis College of Commerce
January 23, 2012
COLLEGE OF COMMERCE Group 5 St Francis School Case
St . Francis is a medium-size private college or university located in a major port city in the Visayas. It was one of the better private universities inside the city and well known mostly for its architectural and scientific research courses. The University a new total of 26000 equally at the graduate student and undergraduate levels, 12% of which can be from the College or university of Trade.
Mr. Santos is the recently appointed leader who is incredibly eager to boost the enrolment inside the college. This individual proposes that they must decrease the number of departments because he feels that the six departments are usually more than what that they needed. This individual also believed that the explained reduction could save as much as 65000 annually. But the division heads had been unanimously up against the proposal. Their basic the law aside from the probability of losing their very own jobs would it be will create a loss of academics identity in the departments and will increase the scale each department.
1 . As Rector in the University, what decision would you like to recommend to the St . Francis University Board of Trustees? 2 . How will restructuring from the organization increase the number of enrollees in the school of Trade?
Point of View
The group will assume the function of a Rector who is dependable in the supervision of the school. He is the one responsible in the decision making about the school. The approval of the strategies made by the dean depends on his decisions.
1 . Meaning of terms
a Commerce - is the whole system of an economy that constitutes an atmosphere for business. It is also defined as an element of business which includes almost all activities, features and corporations involved in copying goods from producers to consumer. w Production вЂ“ it is the process of transforming real inputs such as raw materials, semi-finished goods and subassemblies and intangible inputs such as concepts, information and knowledge in to goods and services. c Marketing - is the technique of communicating the value of a product to its customers. It is about identifying and understanding the buyers and providing them with what they want. deb Economics - is the interpersonal science that analyzes the production, distribution, and consumption of goods and companies. e Fund -The research that details the supervision, creation and study of money, banking, credit, investments, resources and debts. f Accounting - The systematic and comprehensive documenting of financial orders pertaining to an enterprise. g Rules - something of laws and regulations which are unplaned through social institutions to govern tendencies.
a couple of St . Francis University doesn't receive point out allocations in the government because it is a non-public university. That they follow a central funding system that provides price range allocations for each of their colleges. Their main revenue originates from tuition while other income include: a personal and/or corporate donations,
b investment curiosity on endowments,
c scholarships (research and other),
d patents and royalties,
at the university-related firms,
f rentals and utilization of university house,
g Meetings, seminars, and so forth
h carrying on education/extension applications,
i celebration revenues,
j licensing service fees (merchandising, and so forth ) and
k repayments from sufferers and insurance agencies for hospital care, medical and dental care
3 Budgets for each and every of the university are given the green light by the supervision of St Francis University or college. Funds happen to be allocated in proportion with the bills of each university and the quantity of students signed up for the college.
4 The organizational framework of College of Commerce is usually...