Accounting technicians scheme west africa
Steps/Procedures in OM study
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- 8.7.2 Importance of OM
| 8.7.1 Steps/Procedures in OM study An OM study involves the following basic steps i) Selection of the work or table for the study. ii) Recording of the existing method. iii) Examination of the existing method. iv) Developing the improved method. v) Installation of the new method. vi) Maintenance of new methods. 8.7.2 Importance of OM (i) It improves the structure of the organisation by simplifying procedures and systems. ii) It could lead to the elimination of unnecessary procedures and improve workflow. iii) It leads to a more efficient use of materials, labour and office space. iv) It improves coordination of activities among individuals and departments. v) It could lead to standardization of procedures and forms. vi) It helps to improve factory and office layout. vii) It helps to unearth lapses in job performance, which could be removed through improved training of employees. 8.8 Forms A form is a document with spaces (fields) in which to write or select fora series of documents with similar contents. A form in computer allows for conveniently typing in the variable parts (data input. When completed, forms maybe a statement, a request, an order, etc. Examples of forms include ledgers, cheques, tax forms, appraisal forms, etc. Forms maybe filled in duplicates, triplicates or more, when information gathered on it needs to be distributed to several departments within the organization. This can be done using carbon paper. Generally, forms designed for information gathering are free from copyright. Examples of such forms include account books, bank cheques, scorecards, address books, report forms, order forms, diaries, time cards, graph paper etc. Otherwise, for protection of intellectual property, some specially designed forms could be subject to copyright. For example, some forms used for selection tests. |