...Fraedrich, & Ferrell pg 330). On top that, four years later criticism over the massive failures of communication in Hurricane’s Katrina and Rita created additional wounds to the ARC’s reputation. Each instance further degraded the ARC’s ethical reputation to American’s as the non-profit organization to turn to in a disaster. To overcome these faults the ARC has made changes, but too many changes at the top is the ultimate reason for the ARC’s failures. Any member working for the ARC in a management position from local presidents to top executives and state delegates are supposed to be ruled under universal humanitarian principles which involve the highest standards in ethics and values. Sadly, since the resignation of Elizabeth Dole in 1999, the ARC has had seven different permanent or acting heads causing multiple systemic and ethical problems (Ferrell, Fraedrich, & Ferrell, pg 328-239). Each of these enlightened egotists gladly accepted their severance packages upon their departure in spite of the abominable failure to successfully follow the ARC's fundamental mission of preventing and relieving suffering...
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...Who Brought Bernadine Healy Down Who Brought Bernadine Healy Down Identify and discuss the public service culture present in the case and explain why Wise argues that public service motivation is found more in the government than in the private sector Public service cultures are those set-spoken and unseen rules in an institution or an organization. Public sector motivation is the way people respond to this rules whether positively or negatively. There are three forms of public motivation namely rational, norm-based and effective motivation. Rational motivation refers to when an individual wants to serve in advocating for a particular policy or rule that is important to him. Norm-based motivation can be said to be when the public servant is loyal to his duties while effective motivation is the pursuit of a noble course, that is, by heart. In the case of Bernadine Healy, public service culture presents itself inform of rational motivation. It is evidently seen that Healy follows what is of interest to her rather than what her heart tells her. Moreover, as the directors say, “red cross is about what your heart feels not what you think is right” (Sontag, 2001). Wise argues that public service motivation is felt more in the government as compared to the private sector. This is true because in many private sector institutions, there is a kind of dictatorial leadership leaving no room for suggestion. In a government institution, the civil servants are free to make any suggestions...
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...Bob Dole was born on July 22, 1923 in Russell, Kansas, the son of Bina M. (née Talbott; 1904–1983) and Doran Ray Dole (1901–1975).[4] Bob Dole's father, who had moved the family to Russell while Dole was still a toddler, earned money by running a small creamery. One of his father's customers was the father of future Senator Arlen Specter. [5] During the Great Depression, which severely impacted Kansas and its residents, the Dole family moved to the basement of their home and eventually rented out the upper floors to raise money. As a boy, Dole worked as a soda jerk in the local drug store. Dole graduated from Russell High School in the spring of 1941[6] and enrolled at the University of Kansas the following fall. Dole had been a star high school athlete in Russell, and influential Kansas basketball coach Phog Allen traveled to Russell to recruit him to play for the basketball team. While at KU, Dole played for the basketball team, the track team, and the football team. In football, Dole played at the end position, earning varsity letters in 1942 and 1944. While in college, he joined the Kappa Sigma Fraternity, and in 1970 was bestowed with the Fraternity's "Man of the Year" honor.[7] Dole's pre-med studies at KU were interrupted by World War II. After the war, he returned to become a law student. Dole attended the University of Arizona from 1948 to 1951 and earned both his LLB and BA degrees from Washburn University in 1952. Dole was initiated as a Freemason of Russell Lodge...
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...Introduction In 2002, product leaders from the Biotech start-up ICOS, and Eli Lilly prepared to take a new erectile dysfunction medication to the market. Cialis would be positioned in a market which was currently dominated by Viagra, an erectile dysfunction medication that had been introduced by Pfizer in 1998. In the following case analysis, I will examine the process used by Lilly ICOS, LLC to bring Cialis to market. Utilizing the Harvard Business School Case “Product Team Cialis: Getting Ready to Market” I will point out certain facts surrounding the case, and highlight key issues. Alternative courses of action around bringing the product to market will be identified and evaluated. Finally, a recommended course of action for the company will be discussed. Facts Surrounding the Case At the time that Cialis was developed as an erectile dysfunction (ED) treatment, that landscape was being dominated by a single player. Viagra, developed by Pfizer, was released four years prior and enjoyed great success over the previous three years. Viagra, whose main ingredient is Sildenafil, was generating over $1 billion in sales for Pfizer year over year for the previous three years (Ofek, 2010). While Viagra was successful in its initial years in the initial market, it was not without its problems. Patient satisfaction with Viagra was below 50% in all markets with the exception of Germany and Italy. Viagra was only effective for hours post dosage, and was affected by the consumption...
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...services and programs that will improve the quality of life. It was through KDFI that Stanfilco built strong relationships with the people living in the different communities. KDFI is dedicated to achieved the goals specifically in providing peaceful ecologically balance environment. Thus, Stanfilco’s community programs are managed and lead by Kasilak Development Foundation Inc. It was March 3, 1997 that Kasilak was organized as a Corporate Social Responsibility of Stanfilco, and was subsequently registered with Securities and Exchange Commission (SEC) on June 2, 1997 with registration no. D1997-00568. As a multinational corporation in the Asia Pacific, the US government started a partnership with Stanfilco to implement environmental projects. It started with the reforestation project entitled “Libuganon River Reforestation Project” which was co-funded by Dole Philippines Inc.-Stanfilco and the United States Agency for International Development (USAID). Through this project the foundation was developed to managed the P14M ($320,000) for reforestation project benefiting 500 farmers across 500 hectares in Davao del Norte. Because of the project’s success, KDFI began expanding its activities to other nearby areas, and today, it has become Stanfilco’s partner...
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...Grading Form: Group ___________________ Date _______ Grade ________/190 System Proposal Report General ________ 10 • Cover memo (If required) • Figures and appendices labeled and referenced correctly • Title page correct and complete • Table of contents correct and complete Executive Summary ________ 10 • Explains the problem • Describes all key issues from the report Introduction ________ 5 • Describes purpose of this report Part I – Current Situation ________ 50 • Current Situational Analysis o Organization Description o Mission o Goals o Evaluation Measures o Potential System Impact • Current Operations o Narrative using active statements of current operations o EDM of the current situation Consistent with narrative o Process Model of current situation Consistent with narrative o Infrastructure Description Part II – Proposed System Requirements ________ 50 • Narrative o In correct form and well written o Complete and in logical sequence • CDM or Alternative o Complete, correct and in third normal form o Consistent notation o Entities, attributes and relationships match narrative o Metadata – entity and attribute descriptions complete and informative • MDFD or Alternative ...
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...Nursing Care Services, Inc. v. Dobos, 380 So. 2d 516, 518 (Fla. 1980). FACTS: Dobos (defendant) was admitted to Boca Raton Community Hospital with an abdominal aneurysm. Dobos's doctor ordered around-the-clock nursing care and transferred Dobos to the care of Nursing Care Services, Inc. (Nursing Care) (plaintiff). Nursing Care provided two weeks of in-hospital care, two days of post-release care, and two weeks of in-home care, for which Dobos was later billed $3,723.90. Dobos refused to pay for Nursing Care’s services, arguing that she never signed a written contract or orally agreed to do so. After a bench trial, Nursing Care was awarded $248 for the two days of post-release care that Dobos or her daughter had authorized. No other compensation was awarded, because Dobos was not sufficiently informed that she would be responsible for paying for those services. Nursing Care appealed that portion of the judgment. ISSUE: Whether a patient is liable for the costs of emergency nursing services she did not expressly request or agree to receive. OPINION: Nursing Care failed to prove an express contract or a contract implied in fact, but there is sufficient evidence to support a contract implied in law entitling Nursing Care to recovery. In the case of service contracts, there is no question that a party who knowingly accepts the benefit of services performed by another would be unjustly enriched if allowed to avoid paying for those services. Of course, it naturally follows that liability...
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...Alternative Courses of Action 1. Concentrate on the Americas 2. Diversify Production 3. Expand to Europe More Aggressively 4. Diversify Product Line 1.Concentrate on the Americas Based on our analysis of Chiquita Banana’s financial struggles we have a number of possible solutions for improving the company. Chiquita Bananas had no way of predicting that the European Union would favour its former colonies over Chiquita’s locations in Latin America. After the European Union put quotas and tariffs on Chiquita’s products, Chiquita should have re-evaluated whether or not to continue to export to Europe. Although they would lose a significant amount of business if they stopped exporting to Europe, the reason they were in debt in the first place was because Europe restricted import of their products and this was a problem since Europe was Chiquita’s main market. If the company had concentrated within the Americas then they would not have been forced into so much debt. 2. Diversify Production In order to limit the amount they were affected by natural disasters, the company could have grown bananas in other parts of the world. This would be better for the company because if natural disasters did strike in an area where they grow their products then it would not be such a financial blow as they would have more sources to receive...
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...Jones: Introduction To Business: How Companies III. A Functional Approach to Business 12. Operations and Materials Management: © The McGraw-Hill Companies, 2007 Create Value for People Managing the Production and Flow of Goods and CHAPTER 12 Operations and Materials Management: Managing the Production and Flow of Goods and Services Learning Objectives After studying this chapter, you should be able to: 1. Describe the nature of the operations and materials management process and explain how it can create a competitive advantage for a company. 2. Identify the five main components of operations and materials management costs and the methods companies use to reduce them. 3. Differentiate between the three major kinds of operating systems companies use to produce goods and services. 4. Understand the way total quality management can significantly improve both quality and productivity. WHY IS THIS IMPORTANT Flour, eggs, sugar, baking powder, chocolate, and shortening don’t create much excitement when they are in the kitchen cupboard. They create a lot more excitement when someone transforms them into a cake. Whether it’s a cake, a computer, or a legal docu- ment, operations and materials management processes create value in a household or a company. A company’s operations require inputs such as raw materials or parts and the skilled people and equip- ment to transform them into useful products...
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...enterprise, and are also affected by it. 2. According to Porter, what determines the level of competitive intensity in an industry? According to Porter, the level of competitive intensity is determined by 5 basic competitive forces namely: (1) Threat of new entrants to a market (2) Bargaining power of suppliers (3) Bargaining power of customers or buyers (4) Threat of substitute products and (5) Degree of competitive rivalry 3. What should be scanned in the task environment? There should be an analysis of relevant elements in the task environment such as: (1) Competitors (2) Suppliers (3) Regulators (4) Strategic Partners (5) Labor and (6) Customers. 4. Discuss how a development in a corporation’s societal environment can affect the corporation through its task environment. 5. How can managers identify external strategic factors? a. Environmental uncertainty b. Issues priority matrix c. New entrants d. Entry barriers e. Rivalry f. Substitute products g. Bargaining power of buyers and suppliers h. Bargaining power of other...
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...Unit VIII Article Critique Columbia Southern University DBA 7553 1. Introduction of the Article This article is found in the Directors and Boards magazine. It is written by Donald P. Delves who “is president of the Delves Group, a compensation and corporate governance consulting firm that advises boards of directors” (Delves, 2012). The article is titled “What about everyone else? The problem may not be that executives are paid too much, but that employees are paid too little.” 2. Statement of the Problem Studied In this article, Mr. Delves examined why people complain about executive pay, how companies used to inflate employee earnings, and how companies can increase employee wages now. 3. Significance of the Problem Studied With sky rocketing pay for many executives over the last few decades, many employees have wondered why their pay has not also increased. In the past companies have used stock options to provide incentive for employees and to use these as a pathway to increase employee pay. However with the economic recession and many of the changes in accounting practices, companies could no longer use this incentive to increase wages for employees. Thus Mr. Delves presents the question, “what do we do about [increasing employee incentives]?” (Delves, 2012). If this question can be answered, it has the potential to not only increase employee productivity but also to provide them with increased opportunities. ...
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...1) Why do you think Starbucks has been so concerned with social responsibility in its overall corporate strategy? Starbuck is a known corporation local and international for their freshly brewed coffee and other products that are offered. Social responsibility helps the company image, to care about the community and the environment, these are positive stand points that define the company self portrait. It's important how you look on the outside, in the end it's all about sales. As mention in the text “people first and profit last” once a corporation can fulfill its duties that benefit the consumer and the parties involve then there is no need to worry about the business profit. 2) Is Starbucks unique in being able to provide a high level of benefits to its employees? The text mention “it is better for a company to take some short-term loses than to lose sight of its core values in the long term “yes Starbucks is unique because not many restaurant offer the kind of benefits as Starbuck. The employees are important to the business and it helps to retain them. Offering health insurance, paid time off, and other perks are ways to keep employees happy which lead to great work effort and a successful business. It also helps to lower the business employment turnover rate and save the corporation money because they do not spend much money and recruiting new employees and to train them. 3) Do you think that Starbucks has grown rapidly because of its ethical and socially responsible...
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...to maximize a firms [sp] profit potential, a corporation should match its greatest strengths, with external factors to create opportunities. When assessing opportunities to acquire a new business unit, firms should only seek to acquire units that have strengths that match, enhance or can be combined with the firms established strengths. The article [which? there is no list of references -- you’re supposed to discuss an issue from class before discussing the article] is about how firms are purchasing business units that do not align with their strengths or the vision/mission of the parent corporation. Once the business unit is acquired the viable option is to sell if off in pieces because it is not contributing to the corporations strengths. We agree with the author [sp] premise that diversification should not be pursued unless it will help a parent corporation achieve its already established mission. Corporations should avoid acquiring firms that possess strengths or missions not aligned with the parent corporation. A firm should not see purchasing business units as strength [clumsy]; a corporation’s strength is not an action. A corporation should see the reason why they have accumulated the financial resources necessary to purchase additional business units as their strength. Once that strength is identified the corporation should be pursing business units that have underlining strengths that will enhance the parent corporations [sp] ability to pursue their mission and maximize...
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...Introduction and Course Philosophy: This course covers accounting theory and practice for business combinations, segment and interim reporting, foreign exchange and partnerships. Business combinations cover most forms of mergers and acquisitions, which are common among business entities. Segment reporting is how management disaggregates financial results into meaningful business performance. Foreign exchange covers the basics of currency transactions and translation including hedging, which are common in the global economy. Finally, in partnerships we cover more extensively the formation, operation and dissolution of general partnerships, the most prevalent form of business in the United States. In my career in financial services, I was personally involved in 3 large business combination involving aspects of mergers, segment reporting and foreign exchange that we will discuss in class. You will be exposed to the authoritative accounting literature covering each area and get hands on experience in solving typical problems faced by accounting practitioners. We will complete the entire syllabus. Required Text: Advanced Accounting---11th edition, Hoyle, Schaefer and Doupnik McGraw Hill/Irwin 2013. A separate loose leaf edition, with only the chapters we cover will be available exclusively at the Queens College bookstore. The ISBN for the looseleaf edition is 9780077772932. Acquiring the loose leaf edition gives you the convenience of being able to bring only the chapters...
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...LEGAL FORM OF BUSSINESS In this paper we will compare and discuss different forms of business and their advantages and disadvantages. Following are the different type of business formed to conduct work: 1. Sole proprietorship. 2. Partnership. 3. Limited liability partnership. 4. Limited liability company. 5. S corporation. 6. Franchise. 7. Corporate. 1. Sole proprietorship, The sole proprietorship is a type of business entity that is owned and run by one individual. All the decisions of the business are made by that individual and there is no legal distinction between that individual and the business. Following are the advantages and disadvantages of Sole proprietorship Advantages They have the ability to raise capital either publicly or privately. To limit the personal liability of the officers and managers. Limit risk to investors. Sole proprietorships have the least government rules and regulations affecting it. Owners have complete control over all the aspects of his or her business. The owner can take any managerial decisions that he/ she wants to take. Disadvantages Raising capital for a proprietorship is more difficult because an unrelated investor has less peace of mind concerning the use and security of his or her investment . The investment is more difficult to formalize other types of business entities have more documentation. The enterprise may be crippled or terminated if the owner becomes ill. The business is the same legal entity...
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