...General draft for our case study * What is Recession: Recession is the worst situation which affects everyone from top to a lower person (boss to employee).companies that increases their workforce in the time of slowdown seem to reaping the benefit of more profits.(from article 8).To prove this point I just want to quote an example of Indian companies. Tata Motors, Asian Paints and Hero Honda Motors, which increased their workforce, posted profit growth of over 100% each while Hero Honda Motors' profits grew by 95%. On the contrary, at Gail (India), Tata Steel and Bank Of India, which saw a decline in workforce levels, net profit went down 39% to 59% respectively.( article 8). * I like this example : If your neighbor gets laid off, it's a recession. If you get laid off, it's a depression. ( http://www.investopedia.com/articles/economics/08/recession-affecting-business.asp#ixzz3X030E9fF) * Causes of recession: According to me I think this is the most important aspect of our case study.like what are the main causes of recession. 1) According to me the fist cause of recession is imbalances in the international trade markets. 2) May be changes in government policies. 3) Stock market crash. 4) Assest bubble (when the prices of companies, stocks or houses become inflated beyond their sustainable value.) * Problems caused by the recession : I am going to mention all the problems which are caused by Recession.As I discussed above it causes...
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...Case 1: “Monsanto Attempts to Balance Stakeholder Interests” Dr. Obradovich Case 1: “Monsanto Attempts to Balance Stakeholder Interests” Harry Stevenson September 15th, 2015 Monsanto is one of the world’s largest industrial agriculture businesses, especially focusing on genetically modified products. The company specializes in biotechnology, modifying crops and genetic manipulation of organisms. These modifications help farmers by using less land and creating more crops, which equals more profits. Genetically modified (GM) food also helps create solutions to world hunger problems and is a rapidly growing product for famers. GM products have stirred up controversy everywhere they are distributed, and Monsanto, being a huge multinational corporation and a major producer, is at the center of the debate. Throughout the company’s history, Monsanto has been attacked with criticisms from governments, farmers and activists groups because of their controversial products. This case deals with the ethical implications of producing and selling a product without understanding the environmental and physical implications of the products. Monsanto claims that its products are safe, and the FDA has proclaimed that GM food is safe to consume but critics are not convinced and continue to try and stop the use of GM products. Monsanto has showed a clear disregard for ethical obligations in its history and continues to downplay the importance of environmental and physical risks to the...
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...Charlette Jones April 24, 2014 U03a1 BUS3050 Case Study: I Thought I Gave Them Everything Case Summary In my analysis of the case of Henry Gonzales the manager of Quality Foods’; I found that the responsibility of Henry would be the process of achieving the objectives of the organization by using its available resources effectively. Evidently Henry has taken advantage of that as he has accomplished his top management position in the store—for his hard work—gaining the once unprofitable store—probability. While Henry thought he gave them everything; However, Henry intrapersonal communication-- has gotten the best of him. Henry doesn’t seem to be conscious and lack communication competency; for the simple fact he offers monetary as oppose to promotion or change, and he is lacking loyalty. Prime example: He emphasis financial rewards for hard work and monetary incentives for cutting company cost and again hard work (increased sales)…I worked in sales and it is hard work (it’s a numbers game and requires hard work and commitment)... If everyone is expected to work hard…..everyone should be entitled to opportunities for advancements, promotions, as well as pay raises and incentives—just as he did. Theories of Motivation In such a business the manager is responsible for many managerial task; However, as he grows and help the business grow; I would suggest that Henry delegate some of the tasks to the supervisors (giving them a sense of belonging—(promotions—to...
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... THE CHAOS MANIFESTO TABLE OF CONTENTS PREFACE Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Executive Management Support User Involvement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Optimization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 Skilled Resources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17 Project Management Expertise . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21 Agile Process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .25 Clear Business Objectives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .29 Emotional Maturity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .33 Execution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .37 Tools and Infrastructure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .41 Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .45 THE CHAOS MANIFESTO Copyright © 2013. The CHAOS Manifesto is protected by copyright and is the sole property of The Standish Group International, Incorporated. It may not under any circumstances be retransmitted in any form, repackaged in any way, or resold through any...
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...to chat, Farrell used the near-collision as an opportunity to quickly mention a recent conversation with a nurse from Falmouth Hospital on Cape Cod. An active participant in the TeleStroke service, Falmouth Hospital was regularly honored for its adherence to best practices in stroke care. “Recently some Falmouth nurses asked how we can convince other MGH departments—such as in critical-care pediatrics—to provide similar telemedicine consultation services,” Farrell stated, adding “Their nurse stroke coordinator, Jean Estes, is a huge cheerleader for TeleStroke.” Dr. Schwamm continued moving toward his office as he replied, No tC Shawn, don’t we already have too much to do? I need to see patients, complete the analysis for a study I am working on, submit a grant application. Next week I will speak at an international neurology conference. Telemedicine can certainly be invaluable in many clinical domains, but there just are not enough hours in the day for us to get involved beyond stroke care. Before entering his office and shutting his door, Dr. Schwamm added one last remark: “We can’t do everything, Shawn—but we can do TeleStroke very well.” Shawn Farrell was not a medical doctor. A graduate of the Boston University School of Management, he had worked as an operational manager in several Boston area hospitals...
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...VOLUME 2 Manual of Procedures for the Procurement of Goods and Services Page i MANUAL OF PROCEDURES FOR THE PROCUREMENT OF GOODS AND SERVICES.................................................................................................... 1 ABBREVIATIONS AND ACRONYMS ............................................................ VI INTRODUCTION .......................................................................................... 1 SCOPE OF VOLUME 2...................................................................................... 3 PREPARING FOR THE PROCUREMENT OF GOODS AND SERVICES ................. 5 PREPARING FOR THE PROCUREMENT OF GOODS AND SERVICES ................................. 7 PROCUREMENT PLANNING ............................................................................... 8 What are the factors to be considered in planning for the procurement of Goods? ............ 8 What are “Technical Specifications”? ........................................................................ 10 What are the considerations in setting the technical specifications of the goods to be procured? ......................................................................................................... 10 What is the “Approved Budget for the Contract” or the ABC? ....................................... 11 What are the factors that should be considered in determining the ABC? ...................... 11 PREPARING THE BIDDING DOCUMENTS ..........................................
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...Abstract Purpose – The purpose of this paper is to extend our understanding of corporate governance, social issues and capital markets by distinguishing between the socially responsible investing phenomenon and mainstream investing with respect to social issues. It attempts to clarify the domain by casting it in the theoretical frame of prospect theory and mental modeling. With a qualitative study done among large institutional investors in the Canadian securities industry, the article derives a proposed mental model of these institutional investors’ cognitive model of social issues as they impact investments. Findings – The institutional investors in this study know exactly where value is derived from social investments suggesting that there may be more alignment between directors, investors and societal expectations than has been previously suggested. Research limitations/implications – The limited number of organizations in the study reduces the generalizability of the findings. Practical implications – Managers and directors must have an understanding of how shareholder value and responsibilities intersect. In our research, we have found that these executives positioned their firms as leaders on the social responsibility front. Interestingly, their major shareholders also understood how responsibility and shareholder value intersected and as a result, financial performance was not sacrificed. Originality/value – The findings fromthis research shed light on...
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...Company Profile Moulinex S.A Address: 11, rue Jules-Ferry BP 45 93171 Bagnolet Cedex France Telephone: (33): 01.41.99.41.99 Fax: (33) 01.43.34.32.10 Statistics: Public Company Incorporated: 1953 as Société d'Etudes Chimie et Mechanique Légumex Employees: 8,400 Sales: FFr7.69 billion (1996) Stock Exchanges: Paris SICs: 3634 Electric Housewares & Fans; 3631 Household Cooking Equipment; 3635 Household Vacuum Cleaners; 3639 Household Appliances, Not Elsewhere Classified Company Background Moulinex is a French brand of small electrical appliances and kitchen equipment and is owned by Groupe SEB. Moulinex was originally established as a company in 1937, however at the beginning of September 2001, Moulinex declared bankruptcy. Moulinex was the company that originally designed the Mouli grater. It became a household name through its kitchen blenders and appliances - the first of which it launched in 1932. It also enjoyed great success in the US when it...
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...BUSINESS INTELLIGENCE Submitted By Aakash Gurjar Amritha Muraleedharannair Sasikala Ankit Shukla Srushti Ram Yugantar Sharma ABSTRACT Business Intelligence conveys a rich arrangement of advantages that drive important and substantial profit for theory. It uproots the many-sided quality of changing over crude information into significant business insight by giving associations the ability to change information from different sources into precise, consumable data that can be shared safely all through the endeavor. It empowers clients to make educated business choices rapidly and unquestionably by giving the inquiry and reporting instruments they have to discover, offer, oversee, distribute and investigate data. The objective of Business Intelligence is to empower administration to settle on more shrewd choices on the premise of learning separated from information. Does this imply having information is constantly great, that having more information and removing more Knowledge from it is better, and that learning can be gotten just from information? Business insight is accepted to have the most elevated effect on associations over next couple of years as they progressively fuse the innovation in ERP and CRM programming, a late study appears. In looking over more than 1600 officials in 36 nations, the Aberdeen Group found that one in four distinguished BI and investigation as the product innovation with the most proclaimed impact in 2009. "Organizations are finding...
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...: PESTEL Analysis china 1. Political Factors The Chinese government is still under its communist regime. Nevertheless, current trends in the trade and investment legislations of the state reveal the opportunity for foreign companies. One development in the regime indicated the decentralization of the decision making processes with regards to trade and investment. (2000) This gives a certain level of latitude for the foreign trade companies in China making the economic decision to expand their profit. A feature of this endeavour would be the proliferation of joint ventures in the country. Another reform that made China more accessible to foreign companies is the encouragement of foreign direct investment. (2000) This brought about net capital inflows and a sizable build-up of foreign exchange reserves which in turn assisted in the development of Chinese provinces like Fujian, Guangdong, Taiwan and Hong Kong. 2. Economic Factors The Chinese government is a signatory of the WTO agreements which mean their economic policies are converted to suit the agreements of free trade as espoused by the WTO. This presents an advantage to foreign companies in entering the market of China. However, having just recently signed the agreement and having a considerable amount of time trading internationally with serious restrictions and trade barriers, there are still drawbacks that may pose a problem for these foreign firms. These include what (2003) indicated as institutional problems...
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...The following case is a typical example where Top Management Support was a critical factor in project success and how it would have been better in developing top management Support in the project to get a border outcome. Most of the information about the case was found out by interviewing the project team in the start. This showed one side of the project which was the successfulness of the project. The documents the project team was using and the path they were taking was an ideal in establishing the requirements. They used high level planning; Prince 2 as guidelines, used tools such as Work breakdown structures, timelines, Project Charter, change request forms, project statues reports to have a structure and also measure performance throughout the project. As the information was gathered regarding the project team, they showed maturity and consistency in gaining project successes. After understanding the importance of top management and its role in project success, the report was drawn in to inspecting sights from the top managements view. This led an opening to the case where they had a controversial argument in the success of the project. Top managers in this case had given written document to the project team stating the requirement which needed to be changed on the website, which was ultimately a redesign of the old web page. According to the top management, the new development of the website didn’t perform to the expectations of the managerial broad. As the expectations...
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...To: Mr. V.Morrison, CEO, Caledonia Products From: Julien Thizeau-Amir-Sadri, Applicant for the position of Financial Analyst Date: May 31, 2012 Subject: A test of my understanding of basic financial concepts and tax code The appropriate goal for the firm is the maximization of shareholders' wealth (maximization of the market value of common stock) because it includes the effects of all financial decisions. Indeed, with poor investment or dividend decisions will cause a fall in the total value of the firm's stock and on the other hand, good decisions will push the price of the stock upward. In this way all financial decisions are evaluated, and all financial decisions affect shareholder wealth. Investors will not invest if they do not expect to receive a return on their investment. They will want a return that satisfies two requirements: - A return for delaying consumption (investors will want to receive at least the same return that is available for risk-free investments, such as the rate of return being earned on U.S. government securities). - An additional return for taking on risk (risky investments are less attractive, unless they offer the prospect of higher returns) (Principles 2 and 3: Money has a Time Value and Risk requires a reward) Returns are expected not promised. We focus on cash flows rather than accounting profits because these are the flows that the firm receives and can reinvest. The cash flow method considers the...
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...manufacturers and retailers. By controlling the whole value chain, from manufacturing to retail—and thereby blending product and retail identity—vertical brands can offer attractive economics. With traditional retail channels on the decline, many manufacturers—especially those in textiles, furniture, leather goods, sporting goods, and luxury goods—are choosing vertical integration as a way to better manage their brands. There are, however, many approaches to vertical integration. To get a closer look at the risks, benefits, and best practices of the various approaches, The Boston Consulting Group conducted a detailed survey among a number of leading brands. This article presents highlights from that study. Why Vertical Integration Now? In a traditional business system, the producer controls product design and development, manufacturing, selling and distribution to retailers, product service, and advertising, whereas the retailer is responsible for store concept and design, store management, product assortment, visual merchandising, and selling to consumers. But traditional retailers, especially department stores, are facing formidable challenges these days. Caught between two types of competitors—specialty boutiques on one side and discounters on the other—retailers are hard-pressed to give the products Taking Care 11/7/05 3:44 PM Page 4 they carry the attention they need or deserve. All too often, consumers find overflowing...
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...※ 繳交日期五月二十日下午五點前，逾期不計分 作業Ⅵ： The Healthy Spring Water company sells bottled water for offices and homes. The price of the water is $20 per 10 gallon bottle and the company currently sells 2000 bottles per day. Following is the company's income and costs on a daily basis. Sales revenue $40,000 Incremental Variable cost $16,000 Nonincremental Fixed cost $20,000 [Note: you can assume that variable costs are constant so that the average of them is also the variable cost relevant for a change in sales.] The company is enjoying stable demand with its current pricing, but management is looking for ways to increase profitability. One suggestion is that the company reposition its water as a premium product, justifying a higher price. If successful, the company believes that it could charge 20% more for its water than it does now. 1. What is the maximum sales loss (in % and units) that Healthy Spring could tolerate before a 20% price increase would fail to make a positive contribution to its profitability? (That is, what is the basic break-even sales change?) 2. By how much would Healthy Spring's contribution increase if its sales declined by 15% following the price increase? 3. In order for Healthy Spring to reposition itself as a premium water, management believes that it will have to upgrade the packaging of its product. The company will deliver the water in glass rather than plastic bottles and the bottles will be "safety sealed" to insure their cleanliness...
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...Evaluating Patient Fall in Hospitals 1 Evaluating Patient Falls in Hospitals Michael Carter Southern Illinois University August 12, 2012 Evaluating Patient Falls In Hospitals 2 Abstract Hospitalization represents a vulnerable time for elderly people. The presence of acute illness, an unfamiliar environment, and the frequent addition of new medications predispose an elderly patient to such iatrogenic hazards of hospitalization as falls, pressure ulcers, and delirium.1 A fall is a seminal event in the life of an elderly person. Even a fall without injury can initiate a vicious circle that begins with a fear of falling and is followed by a self-restriction of mobility, which commonly results in a decline in function.4 Functional decline in the elderly has been shown to predict mortality and nursing home placement.5 Inpatient falls are thought to occur via a complex interplay between medications, inherent patient susceptibilities, and hospital environmental hazards Falls are the leading cause of injury-related visits to emergency departments in the United States and the primary etiology of accidental deaths in persons over the age of 65 years. The mortality rate for falls increases dramatically with age in both sexes and in all racial and ethnic groups, with falls accounting for 70 percent of accidental deaths in persons 75 years of age and older. Falls can...
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