...Robert Petruso Chapter 9 OPENING CASE STUDY QUESTIONS 1. How could companies use Second Life for new product or service decision making? Companies use second life which includes meeting with the sales manager, discussing about new sales techniques, building a new world where members of second life talk together about product or services and testing the new designs for new product or service before it is released to the world. Thus by taking feedback from all members companies take decisions. 2. How could financial companies use neural networks in Second Life to help their businesses? Neutral networks are those which involve in pattern or image recognition. This helps companies to get the required information for processing in second life. 3. How could a company such as Nike use decision support systems on Second Life to help its business? Nike uses decision support system (DSS) for information that helps to take decision. But DSS has three main models in it. They are: -Sensitivity: observe changes when variable is changed -What- if?: checked what is the impact if variable changed -Goal seeking: seeking to reach goal by making changes. 4. How could an apparel company use Second Life to build a digital dashboard to monitor virtual operations? Apparel uses second life in digital dashboard to monitor virtual operations as it tracks everything in...
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...although they maintained good customer-supplier relationships with their former partners. As a result of their exit and Ghosn’s emphasis on reduced purchasing costs, Nissan began to substantially lower its cost after the keiretsu investments were sold. Ghosn reorganized the way that Nissan operated. The organization was restructured toward permanent cross-functional departments, which each serviced one product line. All unnecessary positions were eliminated. Employees were disciplined much more strongly for inaccurate or poor data than misjudgment, thereby stimulating risk-taking behavior and personal accountability. Product quality, reliability, and customer service were stressed. A performance-based incentive system was implemented. These incentives included cash incentives and stock options for achievements that could be linked directly to successful operating profits and revenue. Promotions were also tied to this new system. 8. What grade would you give Carlos Ghosn for the job he has done in crafting the turnaround plan at Nissan? What is it that you like or dislike in his plan? Which elements were the most consistent with the Japanese culture? Which were the least consistent? How were key elements received by employees? What about by external stakeholders? Why were employees willing to accept elements of the turnaround plan that were inconsistent with their corporate and national culture? Most students will be inclined to give Ghosn an A+ based on his improvement...
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...|Module Code: |HR0277 | |Module Title: |CHANGE, WORK AND DIVERSITY | |Distributed on: |Semester 2 2012-13 |Hand in Date: |Per announcement of UG office, as related to your | | | | |specific programme | Instructions on Assessment: Background of the subject topic It can be argued that organisations can generate greater effectiveness in a diverse, rapidly changing global environment by encouraging agreement on shared values and by jointly creating visions, goals, and strategies. Organisation can foster trust, collaboration, equality, participation, shared values, visions, and goals which can be perceived as core strategic elements of organisational activity in a global field of action. Agreement and commitment can be maintained through dialogue by; - focusing on common concerns, identifying shared needs, and conflict resolution - encouraging self-reliance, problem solving and united action and - sharing important experiences and producing a synergy of perception, intellect and emotion. In this way organisations can represent a more flexible, inclusive, human way of working, with increased opportunity...
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...20-1 PEER PRESSURE No matter how old they are people care what others think and want to fit in. When you are just starting to think for yourself, the influence of your friends and people your age—your peers—can be powerful. It can affect how you feel, dress, and act. This is called peer pressure. Peer pressure can be good and bad. Good pressure from your peers might lead you to play sports, study hard, or join clubs. But there are often negative pressures, too—to make fun of someone, to tell a lie, or to cheat on a test. Sometimes the pressure may be about actions that have more serious results like skipping school, shoplifting, using alcohol, tobacco or other drugs, or having sex. *REMEMBER* Make up your own mind, even if your peers don’t agree with you. Respect your friends’ choices, even if you don’t agree with them! It is important to think about what could happen if everyone just “goes along with the crowd” without thinking about their CHOICES. Young people make choices every day. Some are more important than others. There is a big difference between deciding what to wear to a party and deciding whether or not to do drugs. The choices you make say a lot about what kind of person you are. When you feel unsure, try talking to someone you trust: your parents, another adult who cares, or maybe a close friend you respect. *REMEMBER* YOU CAN MAKE YOUR OWN DECISIONS It’s okay to say “NO” Some decisions, like those about drinking, drugs or sex, are difficult to make and have...
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...Merit and Distinction Task 1 1. Pick three different departments. 2. Using the 5 choices – Verbal, Written, On-Screen, Multimedia, Web based. Identify and Explain the communication used by the department and how the mayflower uses it every day. The 5 choices must be included across the 3 departments. Be sure to link your answers to the points below. Each one must be addressed across the three departments. * Updating Knowledge * Informing Future developments * SWOT analysis * Offering competitive insight * Communicating sales promotions * Inviting support for activities 3. Analyse how the department uses the form of communication for the 6 points above. Is it the best way to communicate? The different types of communication [used by the Mayflower are; Verbal, Written, On-Screen, Web Based and Multi Media. The mayflower uses different types of communication and advertising for each of these, some examples are; Web Based: Marketing * Websites * Online Advertising * Emails * Memos * Social Media Verbal: HR * Meeting * Telephone calls * Question and Answer Sessions Written: HR, Finance. * Letters * Emails * Leaflets * Text Message On-Screen: Finance * TV * Presentations * Digital Billboard * Software Multi-Media: Marketing * TV * Radio * Images * Video 1. The three departments I have chosen for evaluation are; HR, Finance and Marketing Web...
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...Guidance on writing Job Descriptions & Person Specifications These notes are designed to assist you when completing the Job Description & Person Specification templates. Before you start The job description and person specification should be completed by someone who has a good knowledge and understanding of the role and is able to identify the appropriate criteria to select the best candidate. If it‟s helpful, your HR Advisor can work with you to ensure all the key areas are captured. Tips to help you create a good Job Description & Person Specification o Create a Business Case This is essential when creating a new role or changing an existing role as it is needed as part of the Vacancy Control Procedure, and allows you to focus on what you want the role to actually achieve. o Don‟t focus on grade at this stage This is likely to detract from thorough consideration of the actual job. o Create a Structure Chart This shows where the job sits in the team and how it relates to other roles, clearly showing reporting relationships etc. Again try not to focus on grades. This is also an essential part of the Vacancy Control Procedure. o Write in plain English Use clear and plain English and think carefully about how you describe the job. Formatting & Layout (See Example Later) The design and layout of the Job Description & Person Specification template has been specifically set and agreed. Therefore sections, boxes and key headings should not be removed or added. The font...
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...High-performance business Create value with technology Avoiding the austerity trap By Bob Suh In today's uncertain business climate, IT investment is often in the budgetary crosshairs. But in fact, now is the ideal time to upgrade existing infrastructure and invest in next-stage technologies that create value. Management decision making can be fairly straightforward when the economy is clearly headed in one direction or the other. When it is growing, business leaders invest to meet demand. When it is shrinking, they cut costs to meet quarterly earnings expectations. But what do executives do when the economy has bottomed out and growth is somewhere on the horizon but not yet robust? When the obvious cuts have been made and pricing power is a distant memory, how do companies continue delivering shareholder value while they wait for vigorous growth to kick in? What will it take to achieve high performance in these uncertain times? Outlook 2004, Number 1 55 And speaking of costs, what role does a capital-intensive function like information technology play in this quest for high performance? Many business leaders are understandably wary of IT investments. Although spending on information technology has increased substantially in the past 10 years, many technology projects have been characterized by sketchy metrics, long cycle times to new products and unpredictable results. No wonder many executives have come to regard IT investments as a necessary evil and information...
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...Mattel Case 20091460 Hanbyeol, Lee 1. What is the decision facing Mattel? Mattel is one of the famous companies in toy market because of their well-known product “Barbie”. But, Mattel face crisis because commissioned Chinese companies use hazardous level of lead paint. As a result, Mattel lose faith of their consumers. In toy market, usually for the kids, parents(customers) would boycott product which contains hazardous materials to their kids. So, Mattel apologize this problem and claims for new safety regulations. But it doesn’t have much effect to recover disaster. Finally, the article said that Mattel need to decide to whether hold their production in developing countries like China or not. 2. What factors are important in understanding this situation? The important factors are “Customer satisfaction” and “Building relationships”. Company should give more satisfaction than customer’s expected. Mattel failed to match customer’s satisfaction. Another factor explaining this situation is building relationship with customers. Mattel build strong relationship with their customer for decades and it keeps their sales. But, by that accident, Mattel failed to keep relationship with customers. Customer’s faith to Mattel is broken. They need to consider these things or another factor to solve this problem. 3. What are the alternatives? Mattel did alternative activities to solve problem and change image; recall their product, making ads, uploading video...
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...2. The Consent (continuare) As you know the juridical act, is the expression of smbdy's will meant to produce legal effects. From a juridical point of view, the juridical will of the parties is a complex issue. It is composed by two elements: - the consent; - the consideration. The consent means the externalized decision or intent to conclude a contract. In order to be valid, the consent must fulfill several conditions as follows; 1. To be expressed by person who is mentally capable to conclude the act. It means that the parties must have judgment or discernment, must be able to understand the nature of the act and its consequences. A pers that has a full concrete capacity is presumed by law to have judgment or discernment. This legal presumption may be overruled by proving the temporary lack of judgment of the person in question, as for example for temporarily mental illness, or influence of drugs. You can find this in the civil code Art. 1205 paragraph 1 2. To be expressed by a pers. who has the intention to produce legal effects. This condition is not fulfilled when for example the pers. Is only kidding, he has no real intention to conclude a contract – informal bet. 3. To be externalized. It means that the consent must result from the words or even the actions of the parties. In this respect several problems arise in case of silence. Generally in our law the consent cannot be implied and therefore in case of silence it is considered that there is no consent...
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...OPENING STATEMENT Death sentences are imposed in a criminal justice system that treats you better if you are rich and guilty than if you are poor and innocent."Death is... an unusually severe punishment, unusual in its pain, in its finality, and in its enormity... The fatal constitutional infirmity in the punishment of death is that it treats 'members of the human race as non humans, as objects to be toyed with and discarded. There is no evidence that the death penalty is more effective than long term punishment. States that have the death penalty do not have lower crime rates than states without the death penalty. "Retribution is just another word for revenge, and the desire for revenge is one of the lowest human emotions. To kill the person who has killed someone close to you, is simply to continue the violence which destroys the avenger as well as the offender. Expressing one’s violence simply reinforces the desire to express it. The U.S. Department of Justice’s own figures reveal that between 2001 and 2006, 48 percent of defendants in death penalty cases were African Americans. African Americans make up 13% of the us population, and yet 50% of death row inmates are African American. The biggest argument against the death penalty is that is incredibly biased. A study by Yale showed that African Americans are 3 times more likely to receive the death penalty that white defendants. Since the reinstatement of the modern death penalty, 87 people have been freed from death...
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...Alaska Sea Grant Marine Advisory Program The Business of Fish Handout 6 Analyzing Your Financial Ratios Taken from http://www.va-interactive.com/inbusiness/editorial/finance/ibt/ratio_analysis.html Overview Any successful business owner is constantly evaluating the performance of his or her company, comparing it with the company's historical figures, with its industry competitors, and even with successful businesses from other industries. To complete a thorough examination of your company's effectiveness, however, you need to look at more than just easily attainable numbers like sales, profits, and total assets. You must be able to read between the lines of your financial statements and make the seemingly inconsequential numbers accessible and comprehensible. This massive data overload could seem staggering. Luckily, there are many well-tested ratios out there that make the task a bit less daunting. Comparative ratio analysis helps you identify and quantify your company's strengths and weaknesses, evaluate its financial position, and understand the risks you may be taking. As with any other form of analysis, comparative ratio techniques aren't definitive and their results shouldn't be viewed as gospel. Many off-the-balance-sheet factors can play a role in the success or failure of a company. But, when used in concert with various other business evaluation processes, comparative ratios are invaluable. This discussion contains descriptions and examples of the eight major...
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...2014年4月14日 Strategic outsourcing of apple computers inc - Term Papers - Addsweetie « Study and create flashcards for free at Cram.com Upgrade | Hi cbccabc Get Access to over 1,668,827 More Essays. Upgrade Your Account Now. Essays Book Notes AP Notes Citation Generator More Search essays Home » Business & Economy Strategic outsourcing of apple computers inc By addsweetie, feb. 2012 | 2 Pages (465 Words) | 9 Views| (1) | | Upgrade to access full essay This is a Premium essay for upgraded members Strategic outsourcing involves separating out some of a company’s value creation activities within a business and letting them be performed by an independent entity. Indeed, Apple has outsourced various functions in terms of manufacturing, assembly and logistics as its contract manufacturers and outsourcing companies can perform several value-creation functions at a lower cost due to low-cost location and other competitive advantages. We are living in a globalized economy in which overhead and production costs are the single most important financial factor that can determine a product’s success or failure. Apple produces most of its products such as iPods, iPod minis and iPhone in China, thus ensuring a very low production cost and an increased US market attractiveness (Scribd, 2011).The single most important reason for outsourcing iPod and iPhone production to China is that the manufacturing costs are significantly lower than what...
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...ASSIGNMENT 4 (19/11/12) Production planning and control is considered as a backbone of the production. All inputs including the demand, forecasting, capacity should be analysed . The wrong input in the planning will cause problem to the production. Therefore, as an expert in Industrial Engineering, you are required to discuss and explain few issues as highlighted below: a) Inventory management is part of production planning and control activities. Based on Toyota Production System, the best quantity to be kept in the warehouse is zero inventory. i) Discuss how this concept can be implemented in small medium and enterprise (SME)? How SMEs could ensure the minimum inventory will not cause delay to the production?. ii) Apart from that you also need to look in “milk run” concept. Discuss, how this concept could support the level of inventory and, is it suitable to run this system in SME company b) The forecasting, aggregate planning and inventory management were classified as critical tools in production planning and control. Most of the SMEs were limited in resources such as financial, technical expertise and skills. Despite of these barriers, most of the SMEs were always behind schedule compared to large companies. Discuss how these techniques could be applied in SMEs? The requirements of this assignment are as below: i) This is a group assignment. ii) You are encouraged to use your own words in order to get high marks. iii) All answers should...
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...When did the crisis start? Anti-government demonstrations began in March of 2011, part of the Arab Spring. But the peaceful protests quickly escalated after the government's violent crackdown, and rebels began fighting back against the regime. By July, army defectors had loosely organized the Free Syrian Army and many civilian Syrians took up arms to join the opposition. Divisions between secular and Islamist fighters, and between ethnic groups, continue to complicate the politics of the conflict. What is happening to Syrians caught in the war? More than four years after it began, the full-blown civil war has killed over 220,000 people, half of whom are believed to be civilians. Bombings are destroying crowded cities and horrific human rights violations are widespread. Basic necessities like food and medical care are sparse. The U.N. estimates that 7.6 million people are internally displaced. When you also consider refugees, more than half of the country’s pre-war population of 23 million is in need of urgent humanitarian assistance, whether they still remain in the country or have escaped across the borders. Where are they fleeing to? The majority of Syrian refugees are living in Jordan and Lebanon, where Mercy Corps has been addressing their needs since 2012. In the region’s two smallest countries, weak infrastructure and limited resources are nearing a breaking point under the strain. In August 2013, more Syrians escaped into northern Iraq at a newly opened...
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