...Lasting Impressions Company Lasting Impressions Company (LI) is a medium-sized commercial printer of promotional advertising brochures, booklets, and other direct-mail pieces. The firm’s major clients are New York- and Chicago- based ad agencies. The typical job is characterized by high quality and production runs of over 50,000 units. LI has not been able to complete effectively with larger printers because of its existing older, inefficient presses. The firm is currently having problems cost effectively meeting run length requirements as well as meeting quality standards. The general manager has proposed the purchase of one of two large six-color presses designed for long, high-quality runs. The purchase of a new press would enable LI to reduce its cost of labor and therefore the price to the client, putting the firm in a more competitive position. The key financial characteristics of the old press and the two new presses are summarized in what follows. Old press – Originally purchased 3 years ago at an installed cost of $400,000, it is being depreciated under MACRS using a 5-year recovery period. The old press has a remaining economic life of 5 years. It can be sold today to net $420,000 before taxes; if it is retained, it can be sold to net $150,000 before taxes at the end of 5 years. Press A – This highly automated press can be purchased for $830,000 and will require $40,000 in installation costs. It will be depreciated under MACRS using a 5-year recovery period....
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...A time I left a lasting impression on a patients family is about a year ago. I had an older gentleman who was brought into the Emergency Department by ambulance for abdominal pain. Report also included that he was pale and had a low blood pressure and a very distended abdomen. Upon arrival to the ED, the patient was placed on the heart monitor, had multiple IV’s established, blood work drawn, medications verified, and multiple tests ordered. My assessment which was initially focused on the patient who’s blood pressure was low, was having a hard time staying awake, and much pain in his abdomen. The issue not only was to stabilize the patient, while figuring out what was causing the pain & distention in his abdomen, but also to try to get the patients pain under control without further lowering the patients blood pressure. The labs showed low blood counts, with the patient needing blood transfusions on top of the IV fluids and medications being used to raise his blood pressure. The imaging studies showed a twisted bowel, with a large area of potentially dead gut. With this, the patient in his stay then needed to be prepared for emergency surgery. While this was all going on, it was also keeping in mind that the patients spouse was in the room. She needed to be comforted to, listened to so she new she had a voice and was being heard. She also needed to know what exactly was going on with her husband and made to understand how serious his condition was. The...
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...a. For each of the two proposed replacement presses, determine the following items: (2) Operating cash inflows (Note: Be sure to consider the depreciation in Year 6.) Operational Cash Inflows Operational Cash Inflows (3) Terminal cash flow (Note: This is at the end of Year 5.) b. Using the data developed in Part A, find and depict on a timeline the relevant cash flow stream associated with each of the two proposed replacement presses, assuming that each is terminated at the end of five years. $128,400 $662,000 $182,160 $166,120 $167,760 $167,400 $191,760 $359,160 Press A $87,600 $361,600 $119,280 $96,160 $85,680 $121,200 $85,680 $206,880 Press B 0 0 1 1 2 2 3 3 4 4 5 5 $128,400 $662,000 $182,160 $166,120 $167,760 $167,400 $191,760 $359,160 Press A $87,600 $361,600 $119,280 $96,160 $85,680 $121,200 $85,680 $206,880 Press B 0 0 1 1 2 2 3 3 4 4 5 5 c. Using the data developed in Part B, apply each of the following decision techniques: (1) Payback period (Note: For Year 5, use only the operating cash inflows.) The acceptable payback period is determined subjectively by the manager. Incorrect Calculations see below Incorrect Calculations see below (2) Net present value (NPV) (Incorrect calculations see below) Press A NPV= $128,400/1.14+$182,160/1.142+$166,120/1.143+$167,760/1.144+$191,760/1.145-$662,000=$-97,816 Press B NPV= $87,600/1.14+$119,280/1.142+$96,160/1.143+$85,680/1.144+$85...
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...------------------------------------------------- HR Case Study Misdirection and Disorientation: A lasting First Impression April 21, 2015 university of Aruba Prof. Dr. Scott J. Smith, Ph.D., C.M.P. April 21, 2015 university of Aruba Prof. Dr. Scott J. Smith, Ph.D., C.M.P. Author: Andre Letang (143561) Author: Andre Letang (143561) Table of Contents 1. Introduction 2 1.1 Carlos Silver (The new recruit) 2 1.2 Candice (The leader) 2 1.3 Mandy (The assistant catering manager) 2 1.4 SWOT analysis case study 3 2. The Case Study Analysis 4 2.1 What went wrong? 4 2.2 Would it have gotten better after a few days? 5 3. Recommendations 6 Reference 8 1. Introduction The case study is about Carlos, a newly recruited individual with no work experience arriving for his first day of work. Carlos a fan of the Golden Moon Resort and Spa was thrilled when two days after his interview with HR, the resort’s catering director, Candice, called asking him to start the following Saturday. As a fan and young man, Carlos showed great enthusiasm and willingness to learn in order to ensure the company remains successful. At arrival, because of lack of communication, training and clarity Carlos experienced several awkward encounters. These encounters lead to Carlos feeling confuse, discouraged and frustrated, which stimulated him quitting on his first day of work. 2.1 Carlos Silver (The new recruit) Carlos is a freshman at the local university...
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...HRM Case Study Paper Misdirection and disorientation: A lasting first impression Deirdre Snoijl (138568) Human Resource Management Dr. Scott Smith University of Aruba April 21, 2015 TABLE OF CONTENTS Page Introduction 3 1. Description of the Food & Beverage department in resorts 4 2. Description of the role of the Human Resource Management department in resorts 4 3. Analysis of the case study 5 3.1. Identification of the issues 5 3.2. Solutions to the issues 6 3.3. Culture of organization 7 4. Conclusions and recommendations for short- and long term 8 References 10 Introduction The following paper forms part of the final task for the course ‘Human Resource Management’ of the MBA program of the University of Aruba year 20152017. Based on the assignment received, an HRM case study paper was analyzed and recommendations were given. In the case study paper you will find (1) a description of the Food & Beverage operations in resorts, (2) a description of the role of the Human Resource Management department in resorts, (3) analysis of the case study, and last, (4) conclusions and short – and long term recommendations for resorts in order to maintain a viable service-oriented staff. 1. Description of the Food & Beverage operations in resorts According to the National Restaurant Association (2011), restaurants are one of...
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...during sunny days and hence this makes the compound highly cozy for anyone who would want to use the leisure relaxing within the compound. However, the trees planted to provide shade shed their leaves during dry spells to conserve water. Water running through the compound makes them rot making the compound become stinky. At times if the compound is not cleaned regularly during dry spells, it looks filthy due to the numerous leaves that are shed by the trees and spread over the compound by the running wind that usually characterize dry seasons. This steals away the beauty of this compound and hence making it less cozy during dry seasons. Part 2: rhetorical analysis The two paragraphs in part one above shows contrasting impressions about my compound. The impressions are contrasting in that in the first paragraph the compound seems so cozy to rest in whereas in the other paragraph the compound is stinky and filthy making it unsuitable for...
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...people behave. It can be changed through actions, manners and behaviors. Physical beauty is largely inherited from parents. But physical beauty can also be changed with cosmetic procedures and plastic surgery. People often choose such interventions to make a more acceptable image. The importance of the two beauties is the quality. Many people feel inner beauty is more important and pure than physical beauty. It does not lie and involves the heart, mind and soul. Inner beauty never fades away and differentiates one person from another. Physical beauty is temporary and can fade away over time. Inner beauty leaves a lasting impression on people. In conclusion, inner beauty and physical beauty have equal importance in people’s lives. But they still have differences--the way they are defined, how they are achieved, and how they alter the impressions of...
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...Initial impressions of Gatsby - Chapters 1-4 We see and hear relatively little of Gatsby in the opening chapter of the novel; he is presented as an almost ephemeral, ghost like figure. However we are drawn to his character by the way he is described: ‘There was something gorgeous about him, some heightened sensitivity to the promises of life’. Consequently, Every time he is mentioned there is always something to interrupt which adds to the mysteriousness of his character. At the end of chapter 1 we catch a glimpse of him where he is bonded with strong romantic imagery, he comes out to see ‘the silver pepper of the stars’ and is spotted when ‘the silhouette of a moving cat wavered across the moonlight’. Fitzgerald combines the purity and romance of Gatsby’s dream with these symbols. On the contrary when he gives a ‘sudden imitation that he was content to be alone’ by stretching out his arms towards the ‘dark water in a curious way’ the purity of his character seems to disappear as the ‘single green light, minute and far away’ suggests the ill omen of his character. In Chapter 3 Fitzgerald uses the part scene to introduce Gatsby to the reader, here Gatsby emerges as a mysterious character who is the subject of gossip, He is well known but ironically nobody seems to have any verifiable information about him. Nick then describes him and says ‘he had one of those rare smiles with a quality of eternal reassurance in it’ the way Gatsby us portrayed is one of extreme modesty, he appears...
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...difficult. This poem is in nine stanzas, where the first four stanzas describe the process of starting up the tractor while the last five stanzas, describe how the tractor finally starts up and rejoices. The poet personifies the tractor and uses contrast to bring about its theme in the poem. Firstly, the narrative point of view poet uses a first person narrative viewpoint, which creates an impression of irritation and anger that the poet has towards the tractor. This helps us to understand the emotions of the persona towards the tractor. Firstly, he uses “I stare at it in hatred”. The emotion ‘hatred’ is a passionate feeling of anger, and the ‘stare’ tells us that it is extremely irritated by the reluctance of the tractor start as it ‘defied’ the narrator. This phrase tells us that the persona is facing a lot of difficulty, causing him to feel hatred towards the tractor. Additionally, the poet uses “I squirt commercial sure-fire down the black throat”. This phrase has the fuel chute, which connects fuel to the oil tank, personified to be a throat, which creates an impression that the tractor is similar to a human in the sense that it has a throat for ‘food’, that is in comparison to fuel, to have energy to start. Moreover, this is ironic because the fuel is ‘sure-fire’ which means that the fuel will definitely cause the engine to start. However, the fuel...
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...problem is difficult. This poem is in nine stanzas, where the first four stanzas describe the process of starting up the tractor while the last five stanzas, describe how the tractor finally starts up and rejoices. The poet personifies the tractor and uses contrast to bring about its theme in the poem. Firstly, the narrative point of view poet uses a first person narrative viewpoint, which creates an impression of irritation and anger that the poet has towards the tractor. This helps us to understand the emotions of the persona towards the tractor. Firstly, he uses “I stare at it in hatred”. The emotion ‘hatred’ is a passionate feeling of anger, and the ‘stare’ tells us that it is extremely irritated by the reluctance of the tractor start as it ‘defied’ the narrator. This phrase tells us that the persona is facing a lot of difficulty, causing him to feel hatred towards the tractor. Additionally, the poet uses “I squirt commercial sure-fire down the black throat”. This phrase has the fuel chute, which connects fuel to the oil tank, personified to be a throat, which creates an impression that the tractor is similar to a human in the sense that it has a throat for ‘food’, that is in comparison to fuel, to have energy to start. Moreover, this is ironic because the fuel is ‘sure-fire’ which means that the fuel will definitely cause the engine to start....
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...FIRST IMPRESSIONS AND THEIR POWER, How first impressions strike us and their power to change actions Jacob XXXXXX CSU-Global ABSTRACT ------------------------------------------------- This paper will look at first impressions, how they strike us, the powerful ways in which they change our behavior and affect our decisions. How first impressions strike us and their power to change actions First impressions strike us in many different ways. They are often a powerful inhibitor which change the ways in which we would interact with others around us. Often times they are not indicative of the person we are meeting, yet they can permanently alter the ways in which we view others and the ways in which we interact with others. They are however not always permanent impressions. Many times a first impression can be less than desirable for many reasons. Such reasons can range from a person feeling under the weather, a person having unrelated stressors affecting their behavior to an unplanned and inconvenient meeting of two people. When a first impression is less than desirable for the meete, the meetor can tend to make certain assumptions about the meete. These assumptions can range from believing that the meete is less than capable at a particular task/job to believing that the meete is perhaps an undereducated and unmotivated person. However, the same can be said in reciprocal. Take for example a person who has nothing more than a high school diploma and a slightly better...
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...judge a person based off of the first impression? First impressions can be misinterpreted often depending on the situation occurring. The average person experiences first impressions on a daily basis. Many say to judge a person based off whether they appear to be amiable or uncongenial is erroneous. Some feel that it’s necessary to make such conjectures of a person’s temperament when the initial greeting is rather belligerent. In hindsight judging is morally wrong because you never know what a person’s actions may be. There are multiple points of view when it comes to first impressions. It can be seen to be okay to judge someone based off a first impression when it comes to a professional or personal situation. For example, in a job interview an employer bases whether a candidate is applicable or not off of the candidate’s responses. In that sense an employer isn’t worried about the person’s character outside of that interview. It’s all depends on what happens during the first meeting. Another event of judging can stimulate during a raw, vulnerable moment in a person’s life. In that moment a person may base their opinion off of a specific emotion, which can blur a person’s true sense of synergy....
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...Résumé Impressions Image consultant Suman R Agarwal on how to make your résumé clear, precise and relevant If first impressions are important in an interview, the impression your résumé creates are no less important. In order to ensure that, take care of the elements mentioned below: Your Story — Understand the position, level in hierarchy, department and industry culture. Map your contributions with what the company is looking for. Customise your résumé when required. Are they looking for a strong technical expert or someone with strong people skills? Talk to current employees and read up about the company. For each company you have worked with, every designation held and every academic institution attended, the executive wants to see three things: a. What goes into the résumé must be relevant to the job you have applied for. Mention your contributions, projects undertaken and the extracurricular activities in school or college, for example, ‘Achieved 100% target all through.’ b. Describe the constraints and the complexity involved in the project or in your contribution (example: Achieved 100% target or raised sales by 10% despite the downturn during which client company cut purchases by 20% and in the presence of leading competitors). c. The above details not only convey your potential to the interviewer, but also help focus interview questions on how you made it happen. Make the subheads speak for themselves so that the executive glancing rapidly...
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...RATING ERRORS HALO EFFECT: The tendency to let someone’s exemplary performance in one dimension influence your rating of the person in other dimensions; assuming that good performance in one dimension means the person is also as competent in other dimensions. Example: You are filling out the Recommendation of Readiness (ROR) for an employee with whom you have a great relationship. This employee volunteers for unpopular after-school activities, and comes up with creative solutions to problems. Therefore, you have no doubt that the individual is one of your strongest employees in terms of initiative and innovativeness. You don’t know much about the individual’s other abilities. Since you work well with this person you decide to give a recommendation. LENIENCY EFFECT: The tendency to be somewhat less critical than is appropriate in the evaluation process - i.e., to be too 'easy' and forgiving in assigning ratings. Example: You are aware that this employee is weak in some dimensions, but you feel that over time and with the right principal as a mentor, this individual has the potential to be a good administrator. Therefore, you recommend the employee even though there are work areas that are in need of improvement. HARSHNESS ERROR: The tendency to be more critical than is appropriate in the evaluation process; the opposite of leniency effect. Example: You are meeting with an employee who is ready to assume the job of an administrator. Despite being an above-average employee...
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...first ten seconds of meeting someone for the first time they will have made a very important judgment of you which will dictate your relationship/affiliation with that person from that point on. It took me a very long time to agree with him, because I always believed that people shouldn’t make any judgment without actually getting to know you first. As I grew and matured, I realized that both of these points were very important and comprised the central idea of a first impression, good or bad. As a society in general we place a lot of importance on material things, including clothing and accessories, so the way someone presents themselves can usually tell us a few things about them. What I mean by that is if someone comes to a meeting with a Yves Saint Laurent suit and a Movado watch, we can assume they are financially well off. At the same time, someone who comes in with a very cheap suit will usually be perceived as financially deprived. Even though we can make such assumptions from these first impressions about people, it is not usually the financial situation that we should focus on, but more so on what that means in terms of their education and ability/knowledge to conduct themselves publicly in a very professional manner and understand the proper etiquette in different professional environments. For example, the financially sound first person with the expensive clothing and accessories will usually be assumed to know all of these manners and be very educated, meaning it...
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