additions and improvement

Examples of additions and improvement in the following topics:

• Work environments and people

  • Additional studies have revealed that prolonged exposure to artificial light decreases antibody activity, increases infections and colds, and results in depression.
  • The Boeing aircraft company and Prince Street Technologies (PST) introduced natural light into their workplaces and watched as their quality control systems improved.
  • The Diagnostics Products Corporation in Flanders, New Jersey, saw employee productivity increase 19% after the installation of an efficient climate control system and the addition of skylights that ‘let in lots of (free) natural light'.
  • By installing skylights and additional insulation to improve lighting and temperature control, VeriFone's credit card verification facility in Costa Mesa, California, decreased energy consumption 59%, reduced absenteeism by 47% and boosted productivity 5%–7%.
  • (NRDC, ‘Building Green: Increase Employee Satisfaction and Productivity')

• Community Contributions

  • Boundless engages the larger community by encouraging everyone to suggest improvements to our content and by allowing educators to publish their own content on our site.
  • The two major forms of community contributions to Boundless are improvements (in the form of feedback and edits) and additions (in the form of community-contributed books).
  • Anyone using Boundless content, whether they are a student in a class using Boundless, an educator teaching with one of our textbooks, or someone browsing our pages for self-study purposes, can leave feedback and suggestions on, and even propose their own changes to, our content.
  • This community-contribution model ensures our content is constantly improving and always up to date—no more waiting for the next edition to be published before your book has the correct current U.S.
  • Educators can also reach beyond their own classroom by adding their own content to Boundless' library of community-authored books, leveraging our collaborative, transparent authoring platform, our LMS integrations, and our existing user base of millions of students and educators.

• Cost of Improvements

  • The cost of an asset improvement is capitalized and added to the asset's historical cost on the balance sheet.
  • The cost of the improvement is capitalized and added to the asset's historical cost on the balance sheet.
  • If the capital improvement is financed, the interest cost associated with the improvement should not be capitalized as an addition to the asset's historical cost.
  • Depending on the nature of the improvement, it is also possible that the asset's useful life and salvage value may change as a result.
  • An example of an asset improvement can be the addition of a logo to a delivery truck.

• Employee Development

  • A core function of human resource management is development—training efforts to improve personal, group, or organizational effectiveness.
  • Human resource development consists of training, organization, and career-development efforts to improve individual, group, and organizational effectiveness.
  • Each of these stakeholder groups has its own agendas and motivations, which can cause conflict with the agendas and motivations of other stakeholder groups.
  • What this essentially means is that human resources departments, in addition to their other responsibilities of job design, hiring, training, and employee interaction, are also tasked with helping others improve their career opportunities.
  • It is often more economical in the long run to improve on existing employee skill sets, as opposed to investing in new employees.

• Valuing Repairs, Maintenance, and Additions

  • Betterments or improvements to existing plant assets are capital expenditures because they increase the quality of services obtained from the asset.
  • Occasionally, expenditures made on plant assets extend the quantity of services beyond the original estimate but do not improve the quality of the services.
  • However, since there is no visible, tangible addition to, or improvement in, the quality of services, they charge the expenditures to the accumulated depreciation account, thus reducing the credit balance in that account.
  • Generally, a policy of continued deferred maintenance may result in higher costs, asset failure, and in some cases, health and safety implications.
  • Asset additions/improvements are capitalized to their respective asset accounts on the balance sheet at the market value of the addition.

• Managerial Accounting

  • Through integrating accounting knowledge with strategic decision-making, organizations can improve performance, refine strategy, and mitigate risk.
  • There exists a strong relationship between the knowledge accounting delivers to managerial teams, and the strategic and tactical decisions made by management.
  • Through this integration, organizations can improve their decision-making to strategic value in the form of improved performance and mitigated risks.
  • Managerial accounting creates additional documents used for internal, strategic decision-making.
  • Taking a look at a few will provide additional scope and perspective on the field:

• Efficient buildings increase profits

  • Following is a list of documented improvements obtained after natural light (derived from windows or tubular skylight systems) was introduced into workplaces: (Edwards, L., and Torcellini, P., ‘A Literature Review of the Effects of Light on Building Occupants')
  • An increase in patient recovery rates and reduced hospital staff stress,
  • These types of improvements have not just been recorded in the United States.
  • The Canada Green Business Council drew similar conclusions when it discovered that the introduction of natural daylight raised productivity 13% in Canadian businesses, increased retail sales by up to 40%, and helped improve school test scores by as much as 5%.
  • Improved ventilation added to these enhancements by increasing productivity an additional 17% and decreasing sickness by up to 50%.

• Changes in Technology Over Time

  • Technological improvement improves the efficiency of production, which increases supply and lowers prices.
  • Factors of production typically include land, labor, capital, and natural resources.
  • A firm doesn't purchase additional units of technology to feed into the production process in the same way that a firm might hire more labor in order to increase output.
  • An improvement in technology usually means that fewer and/or less costly inputs are needed.
  • For the economy as a whole, an improvement in technology shifts the production possibilities frontier outward .

• Informed Decisions

  • Effectively transforming data into actionable information is the key to using information technology to improve decision making.
  • The decisive actions are taken and additional actions are taken to prevent any adverse consequences from becoming problems, which can lead to the processes of problem analysis and decision-making to begin all over again.
  • Information technology refers to the convergence of audio-visual and telephone networks with computer networks through a single cable or link system that unifies signal distribution and management.
  • Management information systems are distinct from other information systems in that they are designed to be used to analyze and facilitate strategic and operational activities in the organization.
  • An MIS supports a business' long-range plans, providing performance analysis reports on areas critical to those plans, with feedback mechanisms that improve guidance for every aspect of the enterprise, including recruitment and training.

• Positive Reinforcement

  • Positive reinforcement is the addition of an appetitive stimulus to increase a certain behavior or response.
  • Positive reinforcement is the addition of an appetitive stimulus to increase a certain behavior or response.
  • Employee programs are often used to reduce turnover, boost morale and loyalty, improve employee wellness, increase retention, and drive daily employee performance.
  • Dealer incentive programs are used to improve performance for dealer and channel resellers using sales incentive programs.
  • They will work hard to improve the quality of their work and achieve the organizational goals.