Premium Essay

Bringing “Operation Optimize” to Life Memorandum

In:

Submitted By bonsonb
Words 1091
Pages 5
Purpose and Scope
The purpose and scope of this document presents the facts and issues surrounding Operation Optimize and the conversations held between department managers and the issues that have come from those conversations. This executive summary will summarize the situation as a whole, and formulate conclusions and present recommendations for courses of action to be taken to correct the problem to best suite AcuScan. Summary of the Situation
The initiation of Project “Operation Optimize” has not started off on a good note with many, and has not progressed far as there is a disconnect in communication between department management. The competition is quickly approaching the launch of their product to the market as a breakthrough product for the retail market. With the declining economy and still the company still growing, AcuScan must enter the retail market in order to survive. The launch of a new product since the inception of the company could be essential to the survival of and further success of AcuScan, Inc. The departmental issues are in no way helping the company beat the competition to the August deadline, in fact the company will not meet the deadline with agreements are not made soon. With the required budget cuts looming over the departments with the promise not to cut jobs, along with the time constraints the department managers are not assisting one another in the progression of this project. To remedy the situation and get “Operation Optimize” back on track a solution must be reached by all parties involved and the project must be started as soon as possible under the circumstances.

Key Points
Aforementioned, the disagreements between several senior staff members are not allowing the project to move forth. Pat Lambert and Kelly Thomas cannot agree on the project to be developed including the time table and workload of the

Similar Documents

Premium Essay

Docx

...Term Paper on Merchant Banking and Investment Banking Operation in Bangladesh Course Name: Law and Practice of Banking Course Code: F-209 SUBMITTED TO: Ms. Tazrina Farah Assistant Professor, Department of Finance University of Dhaka SUBMITTED BY: Group no:08 , Section: B Batch: 19th Department of Finance University of Dhaka Date of submission: November 13, 2014. Group Profile: SL | Name | ID | Remarks | 01 | Mohammad Monirul Islam Monir | 19-030 | | 02 | Md. Arif Sarder | 19-036 | | 03 | Adnan Al Rahin | 19-068 | | 04 | Zahid Hossain Joy | 19-096 | | 05 | Nargis Mahmuda | 19-116 | | 06 | Aftab Hossain | 19-120 | | 07 | Imran Bhuyan | 19-144 | | 08 | Faisal Amin | 19-162 | | 09 | Chandan Kumar Roy | 19-164 | | 10 | Md. Fakhrul Islam | 19-190 | | 11 | Debopriyo Paul Utsha | 19-206 | | 12 | Noor Mohammad | 19-256 | | Letter of Transmittal November 13,2014 Ms. Tazrina Farah Assistant Professor, Department of Finance, University of Dhaka. Subject: Submission of term paper. Dear Madam, This is a report on “Merchant Banking and Investment Banking Operation in Bangladesh” for fulfilling course work of BBA program and it is our pleasure to present such before you. We have prepared this report based on the data gathered from interviewing two higher officials of IDLC Financing Limited and BRAC EPL Investment Limited(BEIL) . For the preparation of the term paper, we have focused on the information found to be reliable and valid. We truly appreciate...

Words: 6366 - Pages: 26

Premium Essay

National Lottery Proposal Paper

...Proposal for “National Lottery” End-to-End Lottery Operation, Management and Consulting AAC Consulting 11-08-2014 Table of Contents Transmittal Letter Informative Abstract Confidentiality Statement Technical Proposal Business & Consulting Proposal Reference Page Anthony A. Clark President, AAC Consulting 101 Consultant Drive Lansing, MI 48911 November 4, 2014 John H. Doe Commissioner, National Lottery 101 Lottery Way Lansing, MI 48911 Dear Mr. Doe, I formally submit herewith a proposal in support of the award of a contractual business agreement between the National Lottery and AAC Consulting (“the Company”) wherein the Company provides technological infrastructure as...

Words: 3167 - Pages: 13

Premium Essay

Mw Petroleum Corporation B

...Harvard Business School 9 - 2 9 5 -029 Rev. November 21, 1994 MW Petroleum Corporation (A) In late 1990, executives, engineers, and financial advisors working for Amoco Corporation and Apache Corporation began serious discussions about the sale to Apache of MW Petroleum Corporation, a wholly-owned subsidiary of Amoco Production Company. Amoco had transferred to MW certain of its own assets that it regarded as non-strategic. MW's size, location, and operations were all very attractive to Apache, which had grown nearly 30% per year since the mid-1980s, largely through acquisitions. The transaction being discussed with Amoco would be Apache's largest to date. It would more than double the size of Apache's current operations, as well as its reserves of oil and natural gas. By the end of January 1991, Apache's executives and advisors were sufficiently familiar with the properties in MW to begin refining their estimates of operating and financial performance in order to structure a formal offer. Apache's chief financial officer, Mr. Wayne Murdy, knew that financing would be a challenge, given the size of the proposed transaction. In fact, the availability of external financing, bank debt in particular, was likely to impose some practical limits on both the amount and form of consideration that Apache could offer to Amoco. It was essential that Apache carefully evaluate MW, both the whole and its parts, and study the likely patterns of cash flows so that some...

Words: 9222 - Pages: 37

Free Essay

My Story

...the Australian Agency for International Development Edited by Ma. Salve I. Duplito Table Of Contents Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 iv La Frutera: Reaping The Fruit Case Study of La Frutera Inc., Datu Paglas, Maguindanao   Background 3    The Company 5    Peculiar Challenges and “Success Secrets” 6   Synthesis 10   References 12 Agumil: The Promise of Palm Oil Case Study of Agumil Philippines Inc. Investments in ARMM, Maguindanao   Background 13    The Maguindanao Investment 14    Peculiar Challenges and “Success Secrets” 18   Conclusion 21   References 21 BJ Coconut Mill: Catalyst for the Sulu Economy Case Study of BJ Coconut Oil Mill, Indanan, Sulu   Background 22   Company Operations 23    Other Business Challenges 24    Pointers for Prospective Sulu...

Words: 23927 - Pages: 96

Premium Essay

Casestudy

...Allah, the Beneficent, the merciful, and respect for His Prophet “Peace Be upon Him” who made us recognize our creator. I am also thankful to all the staff members of MCB who provided me a friendly and knowledgeable environment through which I have learned a lot. DEDICATION | My all internship work is dedicated to all the staff members of MCB U.P MORE BRANCH (1421) Karachi. * Shahvaiz Siddiqui (Operation Manager) * Farhana Ansari (Supervisor) * Mohsin Saleem, Shazia Asif, Mohammad Muslim (General banking officer) * Shoaib Damri (Clearing) * Saad. Faraz (Customer Service Officer) They are too much supportive and teach me how to learn a practical life. They always give me different tasks which bring more knowledge to me and guide me how to accomplish these tasks.   EXECUTIVE SUMMARY MCB bank limited has a solid foundation over 60 years in Pakistan with a network of over 1150 branches over 850 of which are automated branches, over 350 MCB ATMs in 41 cities nationwide and a network of over 12 bank on the MNET ATM switch. MCB operation continued to be streamlined with focus on rationalization of expenses, re-alignment of back-end processing to increase productivity, enhancement of customer service standard, process efficiency and controls. The bank has taken the lead in introducing the innovative concept of centralizing trade services in the country by providing centralized foreign trade services to branches with a view to improve efficiency...

Words: 12394 - Pages: 50

Premium Essay

Case Study

...Harvard Business School 9 - 2 9 5 -029 Rev. November 21, 1994 Educational material supplied by The Case Centre Copyright encoded A76HM-JUJ9K-PJMN9I Order reference F261237 In late 1990, executives, engineers, and financial advisors working for Amoco Corporation and Apache Corporation began serious discussions about the sale to Apache of MW Petroleum Corporation, a wholly-owned subsidiary of Amoco Production Company. Amoco had transferred to MW certain of its own assets that it regarded as non-strategic. MW's size, location, and operations were all very attractive to Apache, which had grown nearly 30% per year since the mid-1980s, largely through acquisitions. The transaction being discussed with Amoco would be Apache's largest to date. It would more than double the size of Apache's current operations, as well as its reserves of oil and natural gas. By the end of January 1991, Apache's executives and advisors were sufficiently familiar with the properties in MW to begin refining their estimates of operating and financial performance in order to structure a formal offer. Apache's chief financial officer, Mr. Wayne Murdy, knew that financing would be a challenge, given the size of the proposed transaction. In fact, the availability of external financing, bank debt in particular, was likely to impose some practical limits on both the amount and form of consideration that Apache could offer to Amoco. It was essential that Apache carefully evaluate MW, both...

Words: 10178 - Pages: 41

Premium Essay

Siwes

...A REPORT ON SIX MONTHS STUDENTS INDUSTRIAL WORK EXPERIENCE SCHEME. AT NIKORMA (A SUBSIDIARY OF NIGERIAN NATIONAL PETROLEUM CORPORATION) HEADQUATERS, This located at no.7 lake chart crescent, Maitama. Abuja BY CS/08/1332 IN PARTIAL FULFILLMENT FOR THE REQUIREMENT FOR THE AWARD OF BACHELOR DEGREE IN TECHNOLOGY (B.TECH) IN COMPUTER SCIENCE. MODIBBO ADAMA UNIVERSITY OF TECHNOLOGY YOLA, NIGER STATE OCTOBER 2012 DEDICATION This report is dedicated to the Almighty ALLAH and to my beloved mother and Mrs Aisha Tijjani and her husband also with the entire staffs and students of Surveying and Geo-informatics Federal University of Technology Minna. ACKNOWLEDGEMENT My profound gratitude goes to the Almighty God who saw me through this training program and thanks my parents and siblings who encouraged me when the road seemed too tough, for shelter and financial support. My appreciation goes to the staff of Pipeline and Products Marketing Company (PPMC) especially my supervisor and the staff of Pipeline Right Of Way (PROW) and to all NNPC staff and development control for their kind support and for the knowledge they impacted on me during the period of my training. My thanks goes to the SIWES and ITF coordinators especially the Federal University Of Technology Minna SIWES coordinator, my Head of Department...

Words: 9120 - Pages: 37

Premium Essay

Loan & Advance Banking Operation by Ab Bank Limited.

...role in the economic development of a country and forms the core of money market of any country. In developing country like Bangladesh the banking sector as a whole has an important to play in the progress of economic development. Hence the schools, colleges and universities are giving emphasis on the applied part of banking education. This report is originated as the academic requirement of the BBA program under the Business Administration Department of DHAKA CITY COLLEGE. Under this program student have to participate in internship program of three month duration toward the fulfillment of the Degree. As practical orientation is an integral part of the BBA degree requirement, I was sent by the department to AB Bank Limited to take real life exposure of the activities of financial institutions. The Human Resource Division of ABBL arranges my internship program at Islampur Branch from December 26, 2010 to March 26, 2011. At the end of the internship period the student have to prepare a report on the organization and this report titled “Loans & Advances and SME sector of AB Bank Limited” is the outcome of my three months practical knowledge at AB Bank Limited. Rationale of the Study Theoretical knowledge is not enough for a student. There is a gap between theoretical knowledge and practical field. So, these two should be synchronized. Our internship program is launched mainly for this purpose. The practical orientation program in banks enable a student to take a closer look...

Words: 12852 - Pages: 52

Premium Essay

Hardly Davdsion

...Political Factors - Governments controlling world hydrocarbon reserves → significant impact - OPEC controlling 75.5% of world reserves → highly influential - Political risks: Instability, expropriation/nationalization of property, terrorism, civil conflicts, strikes, wars, etc. → adverse effect - Environmental treaties (Kyoto protocol) → negative impact Economic Factors - Interdependence between world economy and oil industry: economic growth → growing demand for oil; but also: continual supply of oil at reasonable prices → stable economy - Inelastic demand → positive effect - US dollar (and US economy) →significant impact - Exchange rates → impact on buyers and suppliers Socio-cultural Factors - Values and beliefs shape preferences for energies → energy mix changing towards greener energies - Need for companies to show social responsibility → supporting sustainable human development through investments in education, training, social and environmental activities Technological Factors - Extremely technology-driven: improved upstream technologies →better recovery of hydrocarbon, recovering oil from reserves considered exhausted → improved profitability (gains) - Breakthrough technology in ultradeep-water extraction →competitive advantage for Petrobras - Advanced technology → profound impact on long-term sustainability . Industry Competition Analysis (Porter’s five forces) In order to create a profitable competitive strategy, a firm must first examine the basic competitive...

Words: 33099 - Pages: 133

Premium Essay

Mercantile Bank Foreign Exchanges

...Certificate of The Project Guide This is to certify that the extensive study entitled “Operational Aspect of Foreign Exchange Department of Mercantile Bank Limited” Conducted on behalf of MERCANTILE BANK LIMITED, Branch of Mirpur Prepared in partial accomplishment of the requirement for the award of the degree in Bachelor of Business Administration From Stamford University of Bangladesh Is a record of extensive examine carried out By Md.Rokon Uddin BBA-02405912(24th Batch) Under my supervision & guidance.No part of this report has been submitted for the award of any degree/diploma/fellowship or other similar designation or accolade. Mrs.Rima Parvin Certificate of Approval The Internship Report of Md.Rokon Uddin BBA-02405912(24th Batch) Stamford University of Bangladesh Titled “Operational Aspect of Foreign Exchange Department of Mercantile Bank Limited” Conducted on behalf of MERCANTILE BANK LIMITED,Branch of Mirpur Is approved and is suitable in eminence and figure. Mrs. Rima Parvin Letter of Submission , 2009 Mrs.Rima Parvin Lecturer Department of Business Administration Stamford University, Bangladesh. SUBMISSION OF INTERNSHIP REPORT Dear Madam With immense pleasure...

Words: 17487 - Pages: 70

Premium Essay

E-Commerce and Internet Marketing

...CONCEPT OF INFORMATION AND COMMUNICATION TECHNOLOGY In the era of digital economy or the so-called information age, the words information and communication technology have become a byword or a common terminology. This is particularly true among users and enthusiasts where computers and telecommunication systems are part of the provisions of the workplace. The term information and communication technology refers to a collective and generic term that covers the broad range of systems, devices, hardware, peripherals as well as variety of programs or software used in conjunction with computers and telecommunication devices in aid of doing electronic-based business transactions. In many instances, the phrase information technology (IT) is often associated with and used interchangeably or synonymously with the broader phrase information and communication technology. The truth is, that IT and ICT have different technical meanings but they have something common in context. The phrase information technology by itself connotes a narrower meaning limited in context by the use of information in association or coordination with computer technologies or hardware with link up and connectivity appeared to be set aside or given not much emphasis. Basic Functions of Information and Communication Technology Capture Function – takes the form of a task that is done by way of using devices like scanners and cameras thus allowing storage of vital data and information for future use. ...

Words: 16527 - Pages: 67

Premium Essay

Crm at Shoppers Stop and Asos

...CUSTOMER RELATIONSHIP MANAGEMENT CUSTOMER RELATIONSHIP MANAGEMENT SUBMITTED BY: AASTHA ANAND ALISHA KHURANA DIPIKA SHARMA PRACHI ARORA TANYA RAO YADUNANDANI GUPTA SUBMITTED BY: AASTHA ANAND ALISHA KHURANA DIPIKA SHARMA PRACHI ARORA TANYA RAO YADUNANDANI GUPTA INTRODUCTION Shopper’s Stop Ltd is a professionally managed and system driven organization promoted by K Raheja Corp Group, one of the leading players in the country in the business of real estate development and hotels. Pioneer of organized retail in India, Shopper’s Stop Ltd has been instrumental in bringing about revolution in India. Since it opened its doors, the chain has become the highest benchmark for the Indian retail industry. Since its inception in 1991, Shopper’s Stop Ltd has introduced various retail formats in India. “The tapestry of history has no point at which you can cut it and leave the design intelligible.” The foundation of Shoppers' Stop was laid on October 27, 1991 by the K. Raheja group of companies, one of India's biggest hospitality and real estate players. The Group crossed yet another milestone with its lifestyle venture-Shoppers' Stop. With its immense expertise in the service industry and creditability, Shoppers' Stop today boasts of 61 retail outlets across the country and is planning to spread its wings with futuristic expansion plans to meet the challenges of the retail industry. A benchmark for the Indian retail industry to follow, Shoppers' Stop has progressed...

Words: 7541 - Pages: 31

Premium Essay

Project on Working Capital

...called Working capital Management. Working Capital is the money used to pay for the everyday trading activities carried out by the business - stationery needs, staff salaries and wages, rent, energy bills, payments for supplies and so on. I have tried to put my best effort to complete this task on the basis of skill that I have achieved during the last one year study in the institute. I have tried to put my maximum effort to get the accurate statistical data. However I would appreciate if any mistakes are brought to my by the reader. ACKNOWLEDGEMENT A work is never a work of an individual. I owe a sense of gratitude to the intelligence and co-operation of those people who had been so easy to let me understand what I needed from time to time for completion of this exclusive project. I am greatly indebted to my guides Prof. DENESH SINGH ,faculty guide for Finance (summer internship), Accman Institute Of Management & Mr. SATYABRATA DASH , Manager , Finance Department ,corporate office , NALCO , Bhubaneswar for their constant guidance ,advice and help which enabled me to finish this project report properly in time . I am also grateful to Prof. S.C.GHOSH, CRIC Chief and Mr. RAJIV KUMAR, DIRECTOR, Accman Institute of Management, for permitting me to undertake this study....

Words: 12022 - Pages: 49

Premium Essay

Docx

...Childhood Obesity Demonstration Project 7 Nutrition labeling 7 Community Transformation Grants 9 Broader measures in the Patient Protection and Affordable Care Act to tackle childhood obesity 9 Prevention and public health 15 Primary care and coordination 18 Community-based Care 20 Maternal and child health 22 Research: Doing what works in obesity prevention 23 Data provisions that will help with tracking and providing improved outcomes to measure obesity prevention 25 What else is needed? 27 Beyond health care 29 Conclusion 30 Appendix: The White House Childhood Obesity Initiative 32 Endnotes 34 About the authors Fast Facts on Childhood Obesity Our nation’s children today are on track to have a lower life expectancy than their parents The obesity epidemic poses serious health problems for children including cardiovascular disease, mental health problems, bone and joint disorders, and diabetes.1 Consider that: • Children in some communities “account for almost half of new cases of type 2 diabetes [which had previously been adult-onset].”2 • Hospitalizations of obese children and adolescents aged 2 to 19 nearly doubled between 1999 and 2005 for obesityrelated conditions such as asthma, diabetes, gallbladder disease,...

Words: 14941 - Pages: 60

Premium Essay

General Banking

...INTERNSHIP REPORT ON LOAN ADVANCEMENT PROCEDURE OF IFIC BANK LIMITED LOAN ADVANCEMENT PROCEDURE OF IFIC BANK LTD. Submitted to MAHMUDUL HAQ ADVISOR BRAC BUSINESS SCHOOL BRAC UNIVERSITY Submitted by MST. NAZMUN FARZANA ID: 09104103 BRAC BUSINESS SCHOOL BRAC UNIVERSITY date oF SubmiSSioN 17TH DECEMBER, 2012 LETTET OF TRANSMITTAL 17TH DECEMBER, 2012 Mahmudul Haq Course Instructor, BBS BRAC University Dear Sir, Here I present my Internship report titled “Loan And Advance Operation of IFIC Bank Limited‟ with due gratitude and appreciation. As per partial fulfillment of the requirements for the BBA Degree, I have completed the internship from IFIC Bank Limited, Federation Branch, Motijheel, Dhaka. The internship program has given me the opportunity to learn about different aspects of this well reputed organization. Before facing the corporate world, I have gathered general idea about the organization culture and activities. However, I have gathered all the facts that I could within this short period and have tried my level best to exert all the things as much presentable as possible. Yours faithfully, ………………. Mst. Nazmun Farzana ID: 09104103 Acknowledgement At the beginning, I would like to express my sincere gratitude to Almighty, the most merciful and beneficial for empowering me to prepare the report within the scheduled time. I also want to thank especially to my internship supervisor Mahmudul Haq Sir for his inspiring guidelines, valuable suggestion, constructive...

Words: 11754 - Pages: 48