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Published byDerrick Harvey Wiggins Modified over 9 years ago
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New Employee Orientation PRESENTER: BRITTANY CARRICO DATE: 12/7/2014
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Definition of Industry Industry: raw materials and manufacture of goods North American Industry Classification System -represents profound statistical programs emerging -raw material, capital equipment, labor classification -IPG “Advertising, Public Relations, and Related Services” -Industry Sector (NAICS 541800) International Trade Administration’s Industry List:
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“Industry Sectors” Defined NAICS 13-000 Business and Financial Operations Occupations 23-000 Legal Occupations 25-0000 Education, Training, and Library Occupations 41-000 Sales and Related Occupations 51-000 Production Occupations
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Our NAICS Structure NAICS Classifications 13-000 23-000 25-000 41-000 51-000 Our company Business and Financial Operations Occupations Legal Occupations Education, Training, and Library Occupations Sales and Related Occupations Production Occupations
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What we do - 47,200 employees in all major world markets - advertising and marketing services company - custom marketing solutions behalf of our clients - comprised of communication agencies
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Our Company’s Industry
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“Occupations” Defined Occupations: an activity that one engages - All related to the same occupation -Business Financial Operations, Legal, Education, Training, and Library, Sales, and Production Occupation
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“Financial Statements” Defined 1.Statement of the Financial Position - known as the Balance Sheet 2.Income Statement - Profit and Loss Statement 3.Cash Flow Statement - movement in cash and bank balances over a period 4.Statement of Changes in Equity - Statement of Retained Earnings
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Our Income Statement
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“Budget Process” Defined Master Budget - comprehensive projection how management expects conduct aspects Operational Budgets - day-to-day core business of a company -Two Types - Cash Flow Budget - Financial Budget
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Operating Budget Sample
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“Loan Process” Defined
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“Payroll Process” Defined
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Conclusion Questions?
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References Bureau of Labor Statistics, U.S. Department of Labor: (2014, Jan. 8) Retrieved from: http://www.bls.gov/ooh/ http://www.bls.gov/ooh/ Bureau of Labor Statistics, U.S. Department of Labor: (2014, Dec. 5) Retrieved from: http://www.bls.gov/iag/tgs/iag_index_naics.htm http://www.bls.gov/iag/tgs/iag_index_naics.htm Forbes (2013) Interpublic Group. Retrieved from: http://www.forbes.com/companies/interpublic-group/ http://www.forbes.com/companies/interpublic-group/
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