...Week Eight Checkpoint Energy Resource Challenges SCI/275 Cindy Walker Conserving energy is a key factor in the improvement of the planet in which we live. I practice conserving energy by doing little things such as turning lights off when I leave the room and turning the heat or the air conditioner down a little lower than I normally would. I believe if everyone in the world would take these little steps we can make a momentous impact on the environment. Natural gas and oil are the most common natural resources used to run our homes efficiently. Consequently, these natural resources can and will run out in the future if we do not begin to conserve today. I have challenged myself to reduce the size of the ecological footprint which I put on the earth. I am proud to say that I am a recovering shopaholic. You see, I am a mother of three little girls and love for them to look their best at all times. So, I would go out and buy them new clothes for just about every occasion. During this time I thought I was being resourceful by purchasing cheap trendy clothes for them to wear instead of the more expensive higher quality clothing. However, after completing an environmental science course, I realized I wasn’t being resourceful; instead I was being quite wasteful. I realized that buying a large amount of cheap trendy clothes was costing me more money and creating more trash than buying higher quality clothing. I noticed that the cheap clothes could only be worn a couple...
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...Page 123 5 Analyzing Resources and Capabilities Analysts have tended to define assets too narrowly, identifying only those that can be measured, such as plant and equipment. Yet the intangible assets, such as a particular technology, accumulated consumer information, brand name, reputation, and corporate culture, are invaluable to the firm’s competitive power. In fact, these invisible assets are often the only real source of competitive edge that can be sustained over time. —HIROYUKI ITAMI, MOBILIZING INVISIBLE ASSETS You’ve gotta do what you do well. —LUCINO NOTO, FORMER VICE CHAIRMAN, EXXON MOBIL OUTLINE l Introduction and Objectives l The Role of Resources and l Organizational Capabilities Classifying Capabilities The Architecture of Capability l Appraising Resources and Capabilities Establishing Competitive Advantage Sustaining Competitive Advantage Appropriating the Returns to Competitive Advantage l Putting Resource and Capability Capabilities in Strategy Formulation Basing Strategy on Resources and Capabilities Resources and Capabilities as Sources of Profit l The Resources of the Firm Tangible Resources Intangible Resources Human Resources Analysis to Work: A Practical Guide Step 1 Identify the Key Resources and Capabilities 123 CSAC05 1/13/07 9:21 Page 124 124 PART II THE TOOLS OF STRATEGY ANALYSIS Step 2 Appraising Resources and Capabilities Step 3 Developing Strategy Implications l Developing Resources and Capabilities The Relationship...
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...yourself and your newspaper to expand your view on conservationism. It is well known that resources are becoming scarce; however, the way we live depends on the use of those resources. This is where a thin line is drawn. The goal of conservation is to preserve as much of a natural resource as possible. It is only necessary to take as much is needed while keeping in mind that the environment will be forced to change. The challenge is that with the need for these resources constantly rising, it is necessary to create a sort of substitute for what is required. A conservationist believes that it is important to protect and preserve an environment and its wildlife. However, a conservationist also can look at the reality of a situation and understand that by diminishing the use of land for its natural resources, society becomes crippled. By using the Four Steps of Risk Assessment, I will demonstrate why using nature’s resources in an environmentally friendly way will ultimately allow for the expansion of our culture. Step one of the Four Steps of Risk Assessment is Hazard Identification. This is determining whether a substance can cause adverse health reactions when exposed. Using natural resources creates little to no health effects. Step two is a Dose-response assessment. This evaluates the relationship between the amount of exposure and the severity of the health effects. Conserving natural resources in a low measure creates little to no effect, while high measures could completely...
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...put your money? Most investors would probably have been tempted to invest in the firms in the left column. Why? These firms had strong reputations, technological riches & deep pockets. They could hire the most talented people in their industry, had sizable market shares and in most cases, had a worldwide distribution presence. In short, they had resources. Yet, they lost much of their leadership to firms with far fewer visible resources. Take the example of RCA & SONY? RCA had almost single-handedly created the color television industry in U.S., and every competitor relied on RCA patents, products of one of the world’s outstanding research laboratories. How could Sony out-innovate the U.S. consumer electronics pioneers? Conclusion: Starting resource positions are a very poor predictor of future industry leadership. A firm can sit on huge amount of cash & talented people, and still lose its preeminent position. Likewise, a firm can sometimes overcome enormous resource handicaps & successfully scale the heights of industry leadership. The point here is that too often competitors are judged in terms of resources rather than resourcefulness. Resourcefulness stems not from an elegantly structured strategic architecture but from deeply felt sense of purpose, a broadly shared dream and a truly seductive view of tomorrow’s opportunity. Strategic intent is the term for such a dream. Strategic Intent Strategic intent implies a...
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...meeting. I want to take a few minutes to discuss and educate everyone on the importance and many advantages of conserving energy. Energy is very important to human population because most people depend on energy to light their homes, cook, to heat and cool their homes, and to bathe. There are two types of natural resources renewable and nonrenewable energy sources. Renewable energy recourses are reusable and can replenish and the nonrenewable energy sources are not reusable, and the resources are not capable of replenishing. A few examples of renewable energy sources are wind, water, and solar energy. Solar energy can be used to heat homes, buildings, and water. The energy generates by the solar mirrors absorbing the sun which starts the engine to electricity. A few examples of nonrenewable energy resources consist of coal, oil, and natural gases which will eventually run out within time. We as society can contribute a helping hand in saving our natural resources and conserving our energy by checking for any water leaks in or around the sinks, toilets, and faucets. Fixing any kind of water leak will help save on water and can help cut back on one’s water bill. People may also reduce energy by simply turning off the lights in unoccupied rooms. This will help conserve electricity and at the same time save people money on their electric bill. Another way of conserving energy and helping the environment to be cleaner would be carpooling with others to save on gas and pollution that...
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...Mitigation Strategies and Solutions: Conserving Energy and Human Population Mitigation Strategies and Solutions: Conserving Energy and Human Population Developing countries with rapid population growth face the urgent need to improve their living standards without destroying the environment. Natural resources are facing a coupling of increased pressure, threatening the health of the public and our development. The global challenge begins with the water shortages, loss of forests, and air and water pollution. Are we blindly destroying our natural resources needed for our future, as we humans exploit nature to meet our present needs? The world’s current supply of energy is provided by natural resources. Natural resources are defined as various nonrenewable and renewable energy sources. A renewable resource consists of naturally occurring resources in nature, like wind (windpower), water (hydropower), or sun (solar). Renewable energy is safer for the environment when compared to nonrenewable resources. Only about 9 percent of electricity in the U.S. is generated from these renewable sources (EPA, 1997). Renewable resources are replaced in nature as they are used, which makes this type of energy highly desirable. Nonrenewable resources are found in fixed amounts, these are natural resources that cannot be replaced. Although nonrenewable resources are also found in nature, they...
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...Behavioral Intentions: Conserving Water MKG 310 Consumer Behaviors Professor John Vann Introduction to Water Conservation Today, 70% of the Earth's surface is covered by water. Only 2% of that water is fresh. Of that 2%, 1.6% of fresh water is trapped in the glaciers, leaving only .4% available for the 7 billion people living on this planet. Since the beginning of time, humans have been dealing with limited resources, water being one of them, and have learned how to use them wisely (Saving the Water, 2015). Water is an extremely scarce resource. With the population growing and water supply remaining stagnant, it is clear that something needs to be done. According to the Organization for Economic Co-operation and Development, the term water conservation refers to the preservation, control and development of water resources, both surface and groundwater, and prevention of pollution (Glossary of Statistical Terms, 2001). Today, people have been taking the world’s limited water supply for granted which has led to the depletion of conserving it. Water conservation is an important concept that is being stressed upon younger generations. In order to show the importance of saving water, it is imperative that the youth are educated on behavioral practices that support water conservation. These behaviors involve changing current habits connected to water usage to promote efficiency. Behavioral change is inconvenient for many which is why water conservation has been at a standstill...
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... Part B……………………………………………………………………………………...5 a. Situational Analysis……………………………………………………………….5 b. Internal Analysis…………………………………………………………………..5 i. Resources………………………………………………………………….5 ii. Capabilities………………………………………………………………..7 iii. Core Competencies………………………………………………………..8 iv. Competitive Advantage…………………………………………………...9 c. Strengths and Weaknesses……………………………………………………….10 d. Internal Opportunities……………………………………………………………11 3. Part C…………………………………………………………………………………….11 a. Situational Analysis with regard to Information and Communication Technology………………………………………………………………………11 4. Conclusion……………………………………………………………………………….12 References………………………………………………………………………………………..14 Executive Summary This is a marketing strategic report, which is divided into three parts. Part A describes about the mission, current value strategies and the market definition of the Commonwealth Bank. This bank is the second largest bank in Australia which is providing financial services. The study identifies numerous strategic variables which significantly influence the performance and the profitability of the bank. Part B, describes the vital strategic variables that form the part of internal analysis like: Resources, Capabilities, Core competencies and Competitive...
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...the following questions: 1) What is a resource? People, equipment & materials necessary to complete a task 2) Why aren't resources assigned to summary tasks? Summary tasks are simply a grouping for a set of related tasks. The indiv tasks require resources but the summary task is just a compilation of those resources. 3) What is the difference between Start, Prorated and End in association with costs? Start – cost applied at the beginning of the task Prorated – cost applied as work is completed End – cost applied when the task is completed 4) Give a real-world example of the difference between a fixed cost and a cost per use? Give a real-world example of the difference between a fixed cost and a cost per use? Fixed Cost: (buy equipment) company bids $500 to clean carpet, cost of airline ticket… Cost Per Use: (rent equipment) Hourly rate on moving van, rental of shampoo machine, landing fee each time plane lands… 5) Why is a fixed cost entered with the task and not the resource? Because the cost is the same no matter how many people, hours, materials used. Not dependent upon the amount of time or number of resources it takes to complete. 6) Why is the resource cost for the Wiring Contractor $0.00? Because the installation of the wiring is a fixed contractual price of $4000 – it will not matter how many hours the contractor takes – still the same price. 7) Which resource is Overallocated and why? Systems Administrator...
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...already examined their external environment and will now look inwards towards their internal environment. This involves looking at their resources, their capabilities, and then their core competencies. Resources An organization’s resources can be divided into two types, tangible and intangible. Tangible resources are those that can be seen, and touched, and measured. These include financial resources, physical resources, and technological resources. Intangible resources are those that are not touchable and not easily quantified. They are comprised of human resources, knowledge capital, organizational structure and brand or reputational resources. NITL’s tangible resources begin with their financial resources. While this resource was previously a strength of the organization, it has become a weakness and the main reason why they are reaching out for help. During the recession of 2008-09 the league lost a good deal of its membership and many have not renewed now that the economy has made a turn for the better. As far as physical resources, the league is run out of an office in Washington, D.C.. The proximity of the office to Capitol Hill makes it more convenient and cheaper for the CEO to work with legislators and lobbyists. The office equipment seems to be sufficient for the type of work that the organization does. One of the technological resources that the firm possesses is their website. This may be seen as a weakness as the site is fairly pedestrian...
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...applying at some colleges and I just thot I would tell u all about the resources at my skool. The best part prob is the fact that I can do my school work at my leisure this wud b gr8 4 U bc u hav kids. When I applied they wer so kewl and ez to deal with unlik the crap your dealin w/ @ the community colleg. They took care of everyth w/ ease. Now that Im in skool and learnin I thot id share all the thing I think make UOP ezer to graduate. For starters the library is filled with unlim resourc’s that make research a piece of cake. Since ur horrbl in math, Phoenix maks it ezer to undrstnd, evryth is hands on step by step, tutorials to mak sur u dont fail. Community College doesn’t offer that! Plus we can be study buddys. Holla Keathen Part 2: Dear Fellow Classmates; I am writing because I feel we deserve to know the importance of all the resources we have at the University of Phoenix. There are so many, we should capitalize on them and make our school life easier, with a much more enjoyable graduation experience. Every page you click on, there are resources- if you look carefully. Sometimes we can become overwhelmed with all the links to click we get lost and don’t know where to look. Tutorials can make the difference between knowing where to look and for what. Every Resource could not be described within 150 words, and all the resources couldn’t be described even if everyone in the classroom chose a resource. So with this in mind, we should all be investigating every option...
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...Wikipedia Workforce Planning Definitions[edit] Workforce Planning is the business process for ensuring that an organization has suitable access to talent (potential candidates that have the ability to undertake required activities including decisions making) to ensure future business success. Access to talent includes considering all potential resources (employment, contracting out, partnerships, changing business activities to modify the types of talent required, etc.). The cycle of workforce planning includes filling resource requests, analyzing resource utilization, forecasting capacity, managing and identifying the resources (human) to fill that capacity, and then restarting the cycle.[2] Strategic Workforce Planning is the framework applied for Workforce Planning and Workforce Development, where the links between corporate and strategic objectives and their associated workforce implications are demonstrated. Strategic Workforce Planning takes into account the projected loss of knowledge through employee exits and the projected knowledge requirements for sustaining and progressing the business. Knowledge requirements may include technology, new skills, new roles, documentation of key workforce intelligence or new business demands. Operational Workforce Planning is initially processed based and focused on building understanding and capabilities in Workforce Planning, supported by simple tools, templates and techniques. Once established and practiced, these tools, templates...
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...Business Resource P3 With Examples, you are to describe the main physical and technological resources required in the operation of your selected organisation. In this assignment I will describe the main physical and technological resources required in the operation of Tesco. Physical Resources Physical resources are resources that the business needs to maintain in order to carry out its activities. They mainly include things like facilities, buildings, machinery and more. These are resources that are available to a business’s organisations in form of buildings and other machineries needed for the day to day running of the organisation. Tesco have many physical resources such as their toilets, buildings, trolleys, CCTV’s. Toilets is a good resource to have within a good organization as it can attract more customers to not feel rushed into shopping because they need to go toilet they can shop at their own paste and use the toilet when they feel to. Another physical resource for Tesco is the car park so customers can park within Tesco’s car park and not have to worry about receiving a ticket, or checking their time to get back to the car before they get a ticket, this will also attract more customers to shop within Tesco. A recent physical resource that Tesco has brought in is the self-checkouts; this is good for customers that want to quick shop as Tesco can be quite busy on some days they don’t want to wait in the long queues so they can use the self-checkout which is...
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...M1 – How the management of human, physical and technological resources can improve the performance of Tesco Physical Resources Tesco have many physical resources within their organisation including building and facilities, materials and waste, plant and machinery, equipment and maintenance and refurbishment. All of these resources can help improve the performance of Tesco. The management of Tesco’s building and facilities and the location of these can help greatly help Tesco. Tesco need to make sure that they consider the location of their distribution centres and their shops as if these buildings are too far from each other, they can find that it is harder and takes longer for their stock to reach the stores and can decrease the performance of Tesco and the efficiency of the way they run. Tesco are determined to make sure that they are doing what they can for the environment and look at what they are using in waste and materials and see if they can change what they do in order to improve their performance. To help improve their environmental performance, they make sure that they make sure that they recycle all materials that they can and have brought in many different schemes to help them improve their performance, including battery and mobile phone recycling schemes and Together for Trees. The machinery and plants that Tesco use can also help to improve their performance. The plants are where the manufacturing of Tesco products takes place and is a large factor in improving...
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...Why Organizations Must Secure Continual Resources By Kai McLemore Columbia Southern University MBA6001 Abstract If an organization is going to succeed, it must depend upon its resources, core competencies, and capabilities. These just happen to be the foundation of competitive advantage. The organization’s resources are structured towards organizational capabilities. This paper will discuss how an organization must compete for resources along with the concerns and cost of securing these resources. This paper will also cover how resource attainment differs with the organization itself, and not set on one set of standards, to include the organization’s environment. An organization’s success will depend on a variety of things but heavily relies on three main areas of concern; resources, core competencies, and capabilities. These are the base of any organization’s competitive advantage over their adversaries. These capabilities are the baseline of the organization’s core competencies which will ultimately put the organization ahead in the competition (Dess, Lumpkin, & Eisner, 2009). The invention of competitive advantage establishes that most important aspect of competition is ultimately related within the leadership of organizational resources. The word resource covers a wide range of social, organizational, and individual sensations. When an organization relies solely on resources, they are failing themselves. Resources itself does not lead toward an advantage...
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