...GM588 Additional Resources The following materials are helpful in understanding the topics of this week's discussion. They may also serve as sources for your research papers. A History of Managing for Quality by J. M. Juran (American Society of Quality, Milwaukee, Wisconsin, ISBN 0-87389-341-7) Economic Control of Quality of Manufactured Product by W. A. Shewart (American Socity of Quality, Milwaukee, Wisconsin, ISBN 0-87389-076-0) Leadership Is An Art by Max Depree (Doubleday, New York, NY, ISBN 0-385-26496-8) Leadership Jazz by Max DePree (Dell Publishing, New York, NY, ISBN 0-440-50518-6) Managing Quality by David A. Garvin (The Free Press, New York, NY, ISBN 0-0-911380-6) The Disney Way by Bill Capodagli and Lynn Jackson (McGraw-Hill, New York, -NY, ISBN 0-07-012064-1) The Lessons of History by Will and Ariel Durant (Simon and Schuster, New York, NY, ISBN 0-671-41333-3) The Principles of Scientific Management by Frederick Winslow Taylor (Dover Publications, Inc., Mineola, NY, ISBN 0-486-29988-0) American Society of Quality: http://www.asq.org/ What is Quality , Quality Progress, July 2001 How a Good Quality Management System Can Limit Lawsuits , Quality Progress, June 2001 Managers Executed For Shoddy Quality , Wall Street Journal, October 17, 1989 Implementing Quality Programs In the Not-for-Profit Sector , Quality Progress, January 2001 Quality and Nonprofit Organizations , Quality Progress, Marach 1999 Experiencing Quality: The Patient's...
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...Final Paper Name Course Name School Name Professor Name Final Paper What are some advantages of external recruiting? In order to answer this question, lets first define what external recruiting is. External recruiting is the method by which an organization seeks out and attracts applicants to a vacant position from outside that organization (Heneman & Judge, 2008). There are two very obvious situations that an organization would be recruiting; first to fill entry-level positions and second to fill supervisory positions. While most organizations fill entry-level positions from the external candidate pool, there are still internal candidates that may be looking to laterally transfer or earn a promotion from a different department within the organization. Likewise, most would assume that promoting from within an organization rather than seeking out an external candidate to fill supervisory positions would be the norm, but that may not always be the case. According to the executive search company Carter Baldwin, there are quite a few reasons an organization would choose to select an external candidate over an internal candidate, but a few standout points include: Diversifying the organization’s staff, bridging the leadership gap and to gain expertise in a market, technology or service offering (Carter Baldwin). The first standout reason, diversifying the staff, allows an organization to ensure that their customers and prospective customers feel supported...
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...Running Head: Analytical Research Paper Analytical Research Paper Westwood College Casey Harris- Armstrong May 10, 2012 In the society today, there are so many things that can affect the economy and it can cause an increase or decrease in revenue. The recent research that was found was interesting, especially finding out the economic issue with the many foods that we intake into our bodies and how it can affect this society. In for date and numbers in the recent study of the United States there had to be a survey that implemented the Census data, food imports which showed how the numbers has doubled in this country from 1997 to 2008. Over 60 percent of imported food comes from developing nations, such as Mexico and China (Economic in Crisis 2012). As we know China is one of the largest countries that imports just about anything. The United States has this relationship with China in order to keep our country in business. The United States imported over 3 billion pounds of meat in 2008 alone, with seafood being the primary item. This is important because improperly produced and consumed meat is the largest cause of food borne illness. The massive amount of imported food coming to America, the FDA only has the resources to inspect less than 2 percent. The given numbers listed has been a major problem, because many nations have less food safety regulations than the United States (Economic in Crisis 2012). The $1.4 billion...
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...their actions and the effects of the smallest thing can do to another person. There is constant discrimination everywhere we look at; it is almost as though society is incapable of evolving away from it. Discrimination is a very hard barrier to break. To discriminate means to "distinguish between one another; to make a difference in treatment or favor on the basis other than individual merit. "Everyone at some point in their life experiences some form of discrimination that might be on the basis of their race, religion, age, or sex. Discrimination is currently viewed from many different angles. Because of this, I have decided to discuss one types of discrimination, which is equal employment opportunity discrimination. Throughout this paper, I will attempt to answer several questions. Such questions are as follow, what is equal employment opportunity discrimination and whom does it affect? What did I learn about myself from the exercises and the discussion? What plans do I have to improve areas I would like to address? I will incorporate my own experience on this topic in order to address how serious of the matter it is in our society. Origins of Equal Employment Opportunities Discrimination Throughout the years, the United States has faced many challenges with equal employment...
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...Financial Statement Differentiation Paper Jason Rodriguez ACC/561 May 27, 2012 Michael DeMarco CPA Four different types of financial statements are balance sheet, income statement, cash flow, and statements of owners’ equity. These are very important to investor’s creditors and management. It is also important to be accurate with the numbers in these financial statements so you do not get behind and so the company doesn’t get audited. Weygandt, Kimmel, and Keiso state, “Assets, liabilities, expenses, and revenues are of interest to users of accounting Information. This information is arranged in the format of four different financial statement’s, which form the backbone of financial accounting”(2009, p.12 ). It is important to be proficient and knowledgeable of all these statements as a manager. A balance sheet gives a picture of the company’s assets and liabilities. It also gives illustrates the difference between both. Creditors would have significant interest in the balance sheet because it determines if the creditors will be paid back for their investment. Investors will also be interested in the balance sheet. They use it to determine how the stock is doing and what the payouts are so the investors can invest. Finally managers need the balance sheets to see the cost and to see if they have enough money for the company to run. The income statement measures the revenue, expenses, and income over a period of time. It can be quarterly or for the year...
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...1 a) Give three different examples of how sustainability has been introduced in a supply chain through product redesign (for example changes to packaging and labeling, etc). [10 points] Environmental Sustainability is not only important but it has become a business imperative—part of the "triple bottom line" comprising economic dimensions (profits) as well as environmental and social dimensions. http://www.greenmanufacturer.net/publication/green/issue/9 A sustainable supply chain is one that includes measures of profit and loss as well as social and environmental dimensions (Carter and Rogers 2008; Linton, Klassen, and Jayaraman 2007). For example, in July 2009, retail giant Walmart announced the creation of a sustainability index,which will be rolled out in three phases including a sustainability index for suppliers, a life cycle analysis database, and a labeling system to provide the consumer with the environmental measurement of the product they are purchasing (Bustillo 2009; Walmart n.d.). An example of environmental sustainability is Pretty Products, a manufacturer of floor mats for the automotive industry, was recently featured in Green Manufacturer Magazine (June 10, 2011;www.greenmanufacturer.net/article/machinery-andequipment/ eco-strategies--drive-mat-makeras-u-turn, based in LaGrange, Georgia, was able to use sustainability as the foundation of an innovation and growth strategy to turn the company around and become a leader in the industry. The company was...
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...Introduction Riordan Manufacturing has placed a service request for all manufacturing locations to gain an overview about all existing software applications in Finance & Accounting, Sales & Marketing, Human Resources, Operations, Legal and Information Technology. All the listed areas within the organization are using various business systems of which each of them represents challenges. The organization is in an urgent need to identify what is needed to improve effectiveness in those areas. This summary is going to serve as a platform to implement systems in the various departments. Finance and Accounting Sales and Marketing The Sales and Marketing team at Riordan Manufacturing has both hard copy and electronic copies of paperwork from various ages. They also have many databases as well. The plan is to consolidate everything into a more convenient electronic storage system. The systems that the company plans to consolidate and track are: Historic Sales Files of Past Marketing Research, Marketing Plans and design awards Sales Database Production Records Profit and Loss Statements by Item and Group Marketing Budget Marketing Budget Anticipated Results Riordan also has a 2-year plan setup to reach the $50 Million in revenue mark. This is slated to occur by the 2006 year. This program is setup in three parts: Strategic sales objectives with corresponding financial goals and roll-out schedules Tactics by marketing mix, timing, and relationship to strategic sales objectives Customer...
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...sector, the practice was also not uncommon to the Public Sector prior to the 1980’s when more structured and transparent processes were introduced. The process of succession planning, more recently referred to as succession planning and management (SPM), is now seen as a strategic human resource management function, potentially affecting the long term viability of a company or organisation. The challenge of contemporary SPM in the public sector is its compatibility with merit selection principles. This paper examines the compatibility of succession planning and merit selection principles, especially in the public sector environment. The Concept of Succession Planning and Management As part of the overall human resource management function of workforce planning, SPM is focused specifically on having the right people in the right place at the right time, which can be the key to organisational survival (Rothwell 2005). The concept of SPM provides for a degree of business continuity and stability. The sudden and unplanned departure of key individuals within an organisation can be highly disruptive and involve a wide array of costs that are difficult to measure in holistic terms (Taylor, T. & Bennett, A. 2002). The planning process itself should recognise where these vulnerabilities are greatest so that priorities can be set regarding the long-term replacement of key leaders. De Cieri and Kramar (2008) define “succession planning” as “the identification and tracking of...
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...1. Introduction: “Administrative and judicial remedies” is a legal concept with immense practical importance in the ABS negotiations. The existence of effective legal remedies in the user country is the primary means by which all ABS parties (especially source countries and other providers) obtain certainty about their rights and how they will be protected and applied. The CBD’s provisions and the ABS regime negotiations have created certain concepts (new sovereign legal rights) and all CBD parties have committed to adopt legislative and administrative measures to recognise and apply those concepts. Legal remedies are the tools for ensuring that these commitments and their underlying objectives are achieved in practice. The proper relationship between the judiciary and the quasi judicial administrative agency is a topic of continuing controversy in administrative law. One of the most significant and puzzling problems which has arisen in this area is the timing of judicial intervention in the administrative process-at what point and to what extent may the court give relief to a party aggrieved by administrative action. Universally applied, the doctrine of exhaustion of administrative remedies precludes an applicant from challenging the validity of administrative actions prior to seeking relief via prescribed administrative procedures. The law of ‘remedies’ is not usually sectorally specialised. In nearly all countries, “administrative and judicial remedies” are provided in...
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...Case 9-23 | 1. |a. |Sales budget: |April |May |June |Quarter | | | |Budgeted sales in units |35,000 |45,000 |60,000 |140,000 | | | |Selling price per unit | × $8 | × $8 | × $8 | × $8 | | | |Total sales |$280,000 |$360,000 |$480,000 |$1,120,000 | | | | | | | | | | |b. |Schedule of expected cash collections: | | | |February sales |$ 48,000 | | |$ 48,000 | | | |March sales |112,000 |$ 56,000 | |168,000 | | | |April sales |70,000 |140,000 |$ 70,000 |280,000 | | | |May sales | |90,000 |180,000 |270,000 | | | |June sales | ...
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...Assignment 5 Question 1) (100 pts) In recent business publications, find a case study in which changes in the macro environment play a major role in influencing a firm's competitive strategy. In your answer, identify the macro environment(s) and explain how it influence a firm's competitive strategy. List sources that you used to answer this question. I have chosen to look at the case of FirstGroup plc (First), the UK's largest surface transportation company. With revenues of over 5 billion pounds a year and employing more than 135,000 it is an important company for the UK's economy. The main macroeconomic factor that has come into play recently for First are political influences and governmental policy changes. These changes have required First to alter it's policies and future business plans in a significant way. In 1997 the UK signed the Kyoto protocol that is designed to reduce the CO2 emissions of partnering nations. First's main source of revenue are rail and bus systems which are the number four and three contributors to co2 emissions in the UK, respectively. The UK realizes that it would not be able to achieve its objective emission rate without partnering with the businesses that create a large portion of those emissions. Along with the Kyoto protocol there has also been a social change happening in which society as become more aware of the harmful effects of engine emissions which have changed First's strategy as well. While rail and bus systems definitely...
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...Purpose of Business Purpose of Business Most people will say the purpose of business should be to make profit. It is very clear that any business that loses money will go bust. Profits are necessary for any ongoing business operation; however the fact that a business makes a profit does not explain the purpose of the business. According to Minnesota Business (2010) Peter Drucker, father of the modern management profession, believed that: Profitability is not the purpose of, but the limiting factor on, business enterprise. Profit is not the explanation, cause or rationale of business decisions, but a test of their validity. A profitable business is able to sustain itself, but it should not make profit the most important purpose of a business. Just like Enron, any business that cherishes profit above other factor, might be breaking few laws, taking excessive risk that might damage the society and/or the environment, and it will definitely create unnecessary suffering for employees. As I have learned from the past, a business is better suited if they aim to satisfy customers while acting responsible will lead to higher profits. By satisfying customers the business can occupy itself in a meaningful way. And by acting responsibly, the business can prosper without harming others. If the business can also make a profit then its activity will be self-sustaining. References Minnesota Business. (2010). Business' Social Responsibility Does Not Entitle Society to Profit. Retrieved...
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...partnership; a partnership may be formed through the actions of the partners as they operate the business together. Even if individuals have an agreement that says "we are not a partnership," the law may find that there is a partnership and hold one or more partners liable for some business-related obligation. The simplicity and flexibility in creating a partnership may be one of the main advantages of the partnership as a form of business. However, the disadvantages of simplicity and flexibility must be carefully considered. Although an agreement is not required, without a written agreement, partners cannot determine their rights, duties, obligations, and liabilities, except for what is covered by state law. This is not normally enough, since the law on partnerships is not detailed. This allows partners a great deal of flexibility to structure the business as they would like it. But it leaves many questions unanswered if there is not an adequate written agreement setting out the details. The other main attraction to the partnership as a form of business is partnership tax treatment. From a tax standpoint, the partnership is as straightforward as the sole proprietorship. There is no tax at the partnership level. All tax consequences are passed through to the individual partners. The benefit of this pass-through tax treatment is that there is only one level of tax. The negative side is that if a business is reinvesting profits into non-tax-deductible expenses, the partnership may show taxable...
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...The business that I am seeking financing for and a potential investor is a Woman’s Boutique/Glam Bar. My business is a boutique offering a personal shopper and a glam bar experience. Meaning, customers will be able to come in and shop for an outfit to go out for the evening. Or maybe an outfit just to run around town in. Clients will have the ability to pick out an outfit, get dressed at the boutique. There will be a glam team in place to do hair and make up for the special event. Clients will also be able to purchase shoes and accessories to go along with their outfit if needed. It would be a one stop shop for all of your shopping and glam needs. The business will need to count on resources from wholesale retailers. We will need suppliers that offer discounted rates on clothing and woman’s accessories. We will be putting a glam team in place that will handle the clients shopping needs. The Glam team will consist of a stylist, makeup artist and a licensed cosmetologist. As a business owner the profit for the business is referring to the net earnings. Which equals the revenue minus expenditures? It will reflect the actual earnings of the business. Which includes any non-operating income or loss? Profitability the business will reflect the final result of the business operation. It refers to the operating net profit. It helps figure out future earning capability for the business. I think the business maybe affected by supply and demand would be depending on the economy...
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...Capella Coaching Assignments This document contains the same content as the online Coaching Center. We recommend using this version of the Coaching Center to complete the applicable assignments. You may copy information from this form and paste it into the online Coaching Center Web form. SWOT Analysis Directions In the appropriate section of the SWOT chart, list your strengths, weaknesses, opportunities, and threats. My Strengths, Weaknesses, Opportunities, and Threats |Strengths |Weaknesses | |Compulsive |Strong need to get thing done | |Strong follow-through |Compulsiveness sometimes causes me to begrudge being task.(stress| |Balanced work-life perspective |of many tasks). | |Ambitious |Can be impatient | |Strong work ethic |Time pressure causes stress and can lead to emotional | |Optimism |Do not handle multiple immediately competing demands well | |Ability to work under pressure ...
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