Implementing an Effective Cost Control Strategy at Stations: Case Study of PIA
Journal Title: International Journal of Experiential Learning & Case Studies - Year 2018, Vol 3, Issue 1
Abstract
This case study describes the process of developing and implementing a strategy to control costs and reduce losses on account of frauds, accounting errors, wrong payments, etc., at the worldwide outstations of an airline where traditional oversight methods had fallen short of management expectations. By identifying the systemic weaknesses in various areas of station disbursement accounting arising out of lack of training, non-availability of important corporate policies and management directives and lack of standard procedures for preparing and dispatching disbursement reports to head office, a comprehensive Stations Disbursement Manual was developed to train and empower the managers at stations to control and release payments in a responsible manner.
Authors and Affiliations
Syed Sartaj Qasim, Tauseef A Qureshi
Keywords
Related Articles
- EP ID EP318228
- DOI -
- Views 103
- Downloads 0
Teaching Practices of English Language in The Schools of Lasbela District, Pakistan
This study critically analyses the teaching practices of English language in the context of Lasbela district, the southern district of Balochistan, a province of Pa¬kistan. The survey method was applied to collect data t...
Samsonite: Case Study
This case study aimed at shedding light on the new emerging trends of busi¬ness observed in the Asian region. Today, big multinationals are learning from Asia and applying best practices, developed in this continent, in...
Arrival of the German Giant at Karachi: Case Study of Henkel
Henkel, the world-renowned brand for cleaning agents wanted to enter into the Pakistan but was reluctant for a full-fledged conquest. It wanted the premier brand to get the wheels rolling for complete marketing strategy....
Samsung Note 7 - An Unprecedented Recall That Created History: Exploding Phones Recovered – Exploded Trust?
This study aims at reviewing the literature to explore the reasons and rationale of buyer’s preference of one particular brand over the other one in high-tier smart phones industry. This shall be linked to the recent iss...
A Qualitative Study on Development of Enriching Performance Management System at a Pharma-Company
This case study aimed to develop a sample of enriching the performance management system using qualitative method. The job post of Import Executive in a pharma company has been selected as a sample. After taking consent...