...ACCOUNT ANALYSIS ➢ SALES ANALYSIS |MONTH |RM | | | | |JUNE |8432.00 | |JULY |8274.00 | |AUGUST |8986.00 | |SEPTEMBER |7626.00 | |OCTOBER |8167.00 | |NOVEMBER |7895.00 | |DECEMBER |7791.00 | [pic] For the month August, the sales are RM 8986, its means 18% for the total sales. August month are the month having highest turnover compare the overall sales. The lowest of the sales of the month is September. The total sales for the month September are RM 7626 and it becomes15% from the overall sales. The second highest are June, July and October which is RM8432 , RM 8274 and RM 8167 that contribute same percentage of total sales 17%. ➢ PURCHASES ANALYSIS |MONTH |RM | | | | |JANUARY |1,863.90 | |FEBRUARY |1,970.70 | |MARCH |2,886.20 | |APRIL |2,670.30 | |MAY |5,180.70 | |JUNE |6,328.90 | [pic] For the month June, the purchases are RM 6,328, its means 30% for the total purchases. June month are the month having highest purchase did by the MB BALA ENTERPRISE compare...
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...Young Working Population A no claim discount (NCD) scheme which encourages the policyholder to drive more carefully due to the penalty applied if a claim occurs and reward gained if no claim occurs is common in motor vehicle insurance. Different companies have varying NCD scheme which provides a conundrum for policyholders to choose the most optimal policy for each individual policyholder. A common argument for the introduction of an NCD scheme is that it is fairer than using a flat rate. Looking at the popularity in the rise of NCD schemes seems to indicate this is true. Not only does the scheme encourages better driving but it enables the policyholder to reduce their premium until they reach the maximum no claim discount. For the young working population, an NCD scheme would be of great benefit especially for a young worker who is only entering the workforce. The young worker would have more frequent car usage and benefit from the reduced premium due to the discount. Since the young worker would more likely need the car for commute to work and also later on for family responsibilities. However the worker would need to take consider the portability of the NCD scheme should in the future, he decide to move to another insurer that offers a more optimal policy. Portability is an especially important aspect to consider for a young worker that is still trying out jobs and may change jobs multiple times before settling on one. In this report a model for an NCD scheme in health...
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...3. We’ve all heard many stories about successful people. They all possess qualities that take them to the successful life they have. The story of Bert and John is something every organization should be inspired of. They build a small business where they designed their first tee shirt back in 1989. The way they managed their business something organizations should follow. I believe that one thing, that I can describe to their business is how innovative and creative they can be. Even though they are selling their products, the sales weren’t great. This two brothers experienced hardships and struggles during those times, but they never give up. During one of their post-sales parties they asked from their friends’ advice on what can be done. Eventually, their new ideas of slogans and image they had put together actually paid off for their new designs. That’s where their creativity comes to place. The way they draw their designs is very inspirational.”Life is good” is one of the slogan designs wherein a simple message can bring an impact to people. It only means that life is not all great, but life is good. And I believe that why their customers started to buy their products In every organization, I believe being innovative is very effective when it comes to approaching work. It means having new ideas about how something can be done. If we look back from the story of Bert and John, they find themselves new ideas, on their tee shirts and make some good results from it. Another thing...
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...Employees work under the heirachy of a what many larger companies are involved in, with managers and managers above managers keeping tabs on lower employees. The clients of the company are usually stakeholder who hold a small amount of control over the decisions the company makes based on how much stock they own. However, large and important decisions are made specifically by C.E.O.’s and other higher ups within the company. Their services entail being able to inject plastic into any form or shape for an eventual act of holding liquid. Like any major company, Riordan sets regular meetings with the people who are in charge of their respective parts of the company and sets meetings regularly to keep everyone on pace. These meetings are in place to understand where the company resides with it’s clients and the community and more importantly, how they stack up against other companies and technologies. They not only do meetings that involve just the people in their local company, but set up network meetings across all companies to involve everyone in higher positions at other Riordan companies across the...
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...but the duplication is a single value which shows that average customers who bought the brand are twice penetration, in purchase duplication customers have repeated 3. The average duplication over all brand is 33% and average penetration for the brands are 14% 4. The purchase duplication coefficient for this data table is 2.3 5. Duplication is not same as penetration rather multiple of it, here it is 2.3 which is the duplication coefficient. 6. According to duplication of purchase law, the data have been sorted in accordance with the size of brand. So if there is no partitioning or clustering of brand that competes more intensively with other brand the duplication down each column should be approximately same. 7. The higher duplication proportion in extruded -> extruded cell is because it is the brand switching of same product type. Customers choosing the product of same type i.e. extruded of different brands in different purchase are quite often, so the proportion is high to 42%.Whereas customers switching the product itself does not happen that so the average of potato-> extruded is less compared to extruded -> extruded. 8. The proportion of extruded chip buyers who will also buy corn snacks is estimated to be 3.7 times...
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...Ethical Decision Scenario Worksheet Read the following scenario: Shannon is a juvenile probation officer with the Department of Juvenile Justice. Recently, she covered her coworker, Janet’s client load, while Janet was on vacation. Shannon met with several of Janet’s clients. After meeting with clients, she discovered a pattern in which the clients would report that they have not seen Janet in 2 to 3 months. However, the case files reflected face-to-face contact with all of her clients, despite what her clients stated. When Shannon investigated further, she found that the client notes were all at the same day and time, which is unlikely. Further, several of Janet’s clients needed referrals for counseling, but Janet never completed them and has not followed up to ensure her clients are receiving the necessary services. Janet is a close friend of Shannon. Shannon does not want to get Janet in trouble but realizes something must be done. Answer, in a 75- to 100-word response, each of the following questions: 1. What are the ethical issues involved in the scenario? Shannon works as a Juvenile probation officer with the Department of Justice. Janet was on a vacation and Shannon had to cover her works with clients. Paperwork of Janet said that Janet was communicating regularly with her clients. But her clients didn’t say so. Then she attempted to check into thoroughly and found that client’s notes are written at same time on same date which isn’t possible at...
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...Meditech case Q1. What are Meditech’s Problems in introducing new products? In manufacturing ALL products? New products face forecasting problems. So in the beginning, as they can see in the data (graph of Weekly Net Order for New Products) of previous years, the demand in the first few weeks is booming. They should adjust their production numbers to the higher demand, until it will ease after week 4-6. In the weeks after the introduction peak the business should keep production on a constant level without having too much inventory but still enough to keep a 1 2/3 weeks of demand. There is a lot of data available but it is scattered over different systems in different areas of the organization. Therefore the data is practically useless. No routine way to see incoming demand for a new product. Configuring one universal data sheet was difficult because of the use of different time spans in different systems. A week’s notice before production change is too long. Q2. What is driving these problems, both systemically and organizationally? The business is decentralized, which means that there different areas work with different standards and system. Therefore they cannot quickly respond to each other. Problems are recognized too late. Problems are known, but because of the different systems that are used, this information is not properly communicated throughout the different departments of the business which results in slow response to problems (i.e. changes...
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...9/13/2014 The Recalcitrant Director at Byte Products, Inc. CORPORATE LEGALITY VERSUS CORPORATE RESPONSIBILITY | The Recalcitrant Director at Byte Products, Inc. CORPORATE LEGALITY VERSUS CORPORATE RESPONSIBILITY | The Recalcitrant Director at Byte Products, Inc. Table of Contents: Questions | Page | 1- If you were one of the board members, how would you have initially voted for the proposal? What would your vote be after the recess in the meeting? Why? | 2 | 2- Should the Byte executives tell the town administrators and potential employees that this is a temporary plant, to run for three years? | 2 | 3- What impact does a plant closing have on a small town like Plainville? What impact does the closing have on the employees? | 3 | 4- Can you suggest any compromise for the present impasse? | 3 | 5- If you were Elliott, would you call for a vote on your proposal or postpone the vote until next meeting? | 4 | 1- If you were one of the board members, how would you have initially voted for the proposal? What would your vote be after the recess in the meeting? Why? If I was one of the board members, I would have requested feasibility study and financial analysis for the proposal , although that the proposal will solve the problem of the surge in demand and although that by accepting this proposal there is no need for any licensing, foreign or domestic and the quality control...
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...harder for it? Not to sound lazy but time is valuable and why put in more time than everyone else for the same rewards? The only way to make merit pay more effective depends on making it truly dependent on performance and designing a relatively objective appraisal system. Without the appraisal system it is literally pointless. Ultimately, to be successful, the merit pay program must ensure that awards provided to the best performers will be substantially greater than increases awarded to average, or below-average performers. Merit pay when managed correctly provides a huge advantage for employers in my eyes. Merit pay helps an employer differentiate between performance of high and low performing employees and reward the performance of the higher performers. I believe that merit pay is worth it if you have the proper system in place. Others would argue that merit pay is a disadvantage because of the amount of time and energy that organizations invest in an attempt to make performance measurable for merit...
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...Model Year with newly introduced features. While our Supply Chain team is eager to reduce the number of configurations, the high level organization support is no longer there. Further, our Marketing Team believes the higher number of configuration allows more flexibility and maximizes option revenue. Potential impact: * Long “days-on-lot” inventory for unpopular configurations leads to: * Higher inventory cost from valuable parking lot space * Possible maintenance costs due to “lot rot” or damage from exposure to weather elements * Lost revenue from adding incentives to lower the price and sell the product * Higher resources to engineer and produce parts/systems to support complexity, including: * Internal costs to update IT systems (BOM), * Complexity and time required to source the parts (receive and negotiating quotes) * Cost of warehousing complex inventory like wiring harnesses that require expensive “sequencing” when stocking the parts on the line * Costs of making and maintaining expensive equipment for parts that are produced infrequently * Because operators don’t often produce some combinations, they may take more cycle time leading to loss-of-production units. This can also lead to higher quality risks if the operator has low familiarity with an operation from low-repitition. * Dealers may ‘gamble’ on configurations they order that they believe will sell and may miss. * Customers...
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...Group Theory Unit 8, Journal 2 – Managing Conflict See also the section on Conflict as a Mutual Problem, pages 372-385 Describe a situation from your life for each of the following 4 scenarios that demonstrates the difference between the following: 1. Issues versus Personalities One instance that I can recall pertaining to this scenario is while on active duty deployment to Spain I was given a task with zero specific direction on how to accomplish said task. Now to explain why this is important, the task could have been accomplish 3 different ways, the easy way which took less time and people to accomplish, the in between area which is easy but takes a little more time because you pay a little more attention to certain tasks, and the best way, which isn’t ideal because we didn’t have the number of people required, the amount of equipment needed or the extra materials needed. The work being done was necessary but repairing it vs destruction and construction of a new one was less costly and more logical. The chief was having a bad day so when I asked him he just screamed “Work with what you got!” So did the less costly method and repaired the structure. Chief decided it was the wrong way and when I asked him why he didn’t tell me that in the beginning he wrote me up for insubordination. Chiefs personality interfered with his ability to give me accurate operational orders causing me to do the task the proper way but not exactly how he wanted. 2. Interests versus...
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...Recession: ACFE and KPMG Integrity Survey 2008-2009). Bulleting the major points is a good method to draw the reader’s attention to the matter as well (major causes of employee misconduct – Integrity survey 2008-2009, U.S. and Federal sentencing Guidelines). I greatly agree to the author’s opinion about the major cause of increasing rate of occupational fraud is due to intense financial pressure on individuals in the current recession economic phase. At the same time, I do not agree with the opinion that layoffs leads to increased occurrences of occupational fraud. Rather, I think that individuals would fear more about the higher chances of getting laid off if they got caught with an occupational fraud. The facts that the number of people who knew about the occupational fraud have basically not changed and that the government/public and automotive sectors reports higher rates are interesting. Further, the point that people’s decision to report an occupational fraud on how the organization would react to it could have been put down in a more apparent way. As the article states and as discussed in class, it is a well known fact that if senior leaders served as role models, more people in the organization would stay compliant with the integrity that the organization emphasizes on. I work in a medical field and great emphasis is put everyday to reduce the occupational fraud. I think this has a big effect on how...
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...IT302-Unit6B- Kaplan University As a consumer when we use a kiosk for a transaction, we expect it to provide us with a level of service or actions at least on a par with a proficient sales person or staff. If this is what we expect when we use a kiosk or similar device, then any design or implementation we are involved in must be done to the same or a higher level. After an introductory exposure to the requirements needed to meet the expectations of those who will be using the kiosk, our efforts need to be directed to create a device that meets or exceeds those expectations. In order to meet these expectations our first step is to thoroughly understand what is anticipated and needed to meet the expectations of potential users. In order to accomplish this we will need to conduct market research to truly find out what is expected by potential customers. Our design will need to attract potential customers and create an interest in products that are promoted or displayed. The clients’ initial impression will be an important part of this task. If the kiosk fails to attract the customers and impress them, it will simply become a device that takes up room. In order to maximize the any benefits that we may receive from the kiosk, we need to select the proper location and provide proper exposure for the kiosk. No matter how well designed it is or the bells and whistles it may have, if it’s in a poor location and lacks exposure...
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...highest productivity. The second decision involved production standards. Sales had been increasing steadily over the past few years, and the company recently installed some new equipment to increase productivity. The new equipment would allow Ramesh's department to produce more with the same number of workers. The company had a pay incentive system in which workers received a piece rate for each unit produced above the standard amount. Separate standards existed for each type of product, based on industrial engineering study conducted a few years earlier. Top management wanted to readjust the production standards to reflect the fact that the new equipment made it possible for the workers to earn without working any harder. The savings from higher...
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...Company Q sends, what some would consider, a clear message to its consumers. The message Company Q is sending is the message that their company is interested in profitability without risk, distrust in their frontline employees, and catering to the communities with the highest income, a message the American people are used to receiving. By closing stores in lower income communities instead of making an attempt to find out why they are losing money while introducing a higher line of products because of customer demand in the higher income communities sends these messages clearly to those affected by the loss of service or loss of job. By closing these two stores, Company Q is adding to an already critical economic situation within these communities, and they are exacerbating the situation by refusing to contribute product that ends up as waste to the food banks that most likely support these same communities. Company Q refuses to donate their day old food to the food banks citing the potential for employees to steal product that the employees claim they are donating. In addition to the savings they are losing by discarding waste instead of donating which I will explain later, Company Q is sending a message to their employees that they are not trusted which affects employee morale, which affects productivity. The first area Company Q needs to address is evaluating their stores. There should already be a system in place to evaluate each store’s profitability since these numbers...
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