...Southeastern University one of the largest universities in the state 25,000 graduate and undergraduate students 3,500 staff 12 faculties Heather Sloman Buyer at the SEU no autonomy in decision trying to reduce the cost through negotiating the best deals Purchasing Department negoatiating with suppliers signing contracts supervising the execution of contracts Purchases purchasing prosses : purchase request clerk stamps the rquisition with date and time received and ckecks it for for proper signing authority in some cases : nessesary to forward the requistion to research accounting section in the department of finance the purchasing department has a list of approved suppliers small value(less than $100) : handled out of petty cash less than $1,000 : purchasing card for eligible goods and services in excess of $7,500 : at least two written quotations in excess of $15,000 : at least three quotations in excess of $100,000: posted to the internet according to goverment legislation Situation Walter Charbonneau bought a folding machine for $14,000 and didn't follow the nessesary proccedure the supplier of folding machine was not in the approved supplier list of SEU Heather took bids from the suppliers of list : $10,000 , $11,000 and $15,000(one year of free service) try to deter othe staff to make their own decisions about equipment Tasks What does Heather do ? -usually the purchase has already been made and there isn't much...
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...Situation: Heather Sloman is a buyer in the purchasing department of Southeastern University Reports to Glen Meredith, senior buyer of computer and business products A folding machine was purchased by Walter Charbonneau, manager of of the university registrar’s office All university purchases are required to follow university purchasing policies: Submit a purchase request to purchasing department Authority and approval will be checked and additional information (e.g. tax and duty status, product classification, supplier status, etc.) will be added At least two written quotations for purchases in excess of $7,500 and a minimum of three quotations for purchase amount over $15,000 A buyer prepares the request for quotation form (RFQ) to approved suppliers in order to get written quotations Any RFQs in excess of $100,000 should be posted on the internet Current Situation: Walter purchased the machine directly from an unapproved supplier, at a cost of $14,000 Walter didn’t comply with university purchasing policies The machine just arrived and have not been installed yet Three approved suppliers offer the quotes of $10,000, $11,000, and $15,000 for similar equipment. The $15,000 one includes one year of free service. Basic Issues: About 275 contracts per year were signed with suppliers without prior approval Employees ignore university purchasing policies and place order with supplier directly Some suppliers are not on the list of approved suppliers The price,...
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...Charbonneau, manager of the registrar’s office * Bought folding machine without following standard university * The supplier was not on approved supplier list * Against the policy of soliciting at least two written quotations for purchases in excess of $7500 * Approved supplier quotes $10000 for similar equipment * Current situation * Purchasing in SU was centralized and managed by purchasing department * It is university policy that approval from the purchasing department was required before commitment could be made to supplier * At least two written quotation for purchases in excess of $7500 * Heather collected bids from the suppliers on list: $10000, $11000 and $15000(one year of free service) BASIC ISSUES 1. Purchase for university 2. Purchasing policies 3. Supplier policies 4. The price, quality, service trade-off. Tasks: * What does Heather do with the machine in the registrar’s office? * Keep the machine and pay the supplier * What are alternatives? Need to weigh alternatives. * is there a penalty on cancellation * Will the supplier offer a lower price? * Complete cost-benefit analysis; does the cancellation penalty more than the money we can save by purchasing from approved suppliers? * Are the machine really needed? * What is the university policy on unapproved orders? * Does the orders and subsequent actions fit university’s cost-saving...
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...SCM880TT-International Purchasing and Supply Management Analysis of Southeastern University case study This case involves the purchase of a folding machine by the purchasing department of Southeastern University. The school’s laid down procedures, one of which is buying from an approved supplier amongst other things was not followed and now Heather, the buyer has a meeting with Glen her boss to explain ways to avoid problems of this kind in the future. The appropriate course of action would be for Heather to tell Glen, that she would meet with the staff involved with purchasing in general to remind them of and sensitize them to the importance of adhering to the university’s purchasing practices at all times so the integrity of the centralized purchasing system in place is not jeopardized or undermined. It also helps to save costs. Besides, transparency is also of utmost importance because it is a public institution that is funded by taxpayers. Also the processes involved with future purchases should be audited and vetted by a senior member of staff before the order is paced. In regards to the folding machine already bought, the best thing would be to go back to the supplier and negotiate a better deal comparable to the quotes she received from other suppliers. If that doesn’t work, a cancellation penalty might be another option so long as the final costs do not exceed the other quotes. So a cost-benefit analysis of the situation would be necessary. They may return...
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...Heather Sloman, buyer in the purchasing department of southeastern University, was preparing for a meeting with her boss, Glen Meredith, for later that day. Two days earlier, on April 6th, Glen had received a phone call from Walter Charbonneau, manager of the university registrar’s office. Heather was surprised to learn from Glen that Walter had just bought a new piece of equipment for his department without following standard university purchasing policies. Glen asked Heather to look into the situation and get back to him with recommendation. Purchasing Department Southeastern University was one of the largest universities in the state, with total enrolment of more than 25,000 graduate and undergraduate students and approximately 3,500 staff. There were 12 faculties at the university, over 20 continuing education diploma and certificate programs and three affiliated colleges. Purchasing was centralized, and the purchasing director, Blake Hyatt, reported to the university’s vice president of administration. The purchasing department was responsible for negotiating with suppliers, signing contracts with suppliers, and supervising the execution of contracts. Small-value purchases those less than $100 could be handled out of petty cash. The purchase department had also recently introduced a purchasing card, which could be used to acquire legible goods and services with a value of less than $1000. The purchasing process began when a purchase request...
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...acted childish and did not think rationally before acting. The style of conflict management that the distribution center employees are using is a competing style. These distribution center employees are using a low level of cooperativeness and high level of assertiveness. This creates a very hostile environment to work in. Each employee acts in a very selfish and argumentative manner. Both employees didn’t care to accommodate one another. They both felt that they would get their way by strong arming each other. This is clearly not the way employees should go about resolving conflict. It won’t promote a teamwork environment for employees and encourage an “everyman for themselves” attitude. In a dissertation from Nova Southeastern University it states, “Management’s inability to resolve disputes effectively or prevent serious conflicts can be counterproductive” (Lin, 2003, p.12). These arguments that were caused distract employees from their work responsibilities. Overall, this style of conflict management appears to do more harm than...
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...NOVA SOUTHEASTERN UNIVERSITY H. Wayne Huizenga School of Business and Entrepreneurship Research Paper Proposal Course Name: Total Compensation Course Number: HRM 5375 Student Name: Christina Burton Please answer the following questions: 1. What is the research topic you are interested in writing about? I am interested in writing about the relationship between compensation and employee engagement. 2. Why are you interested in this particular topic? Is there a connection to your field of work or are you looking to broaden your knowledge base on the subject? I am interested in this topic because I would like to broaden my knowledge base on the subject. I have always been interested in employee engagement, but since I have enrolled in this course I would like to know compensation’s role in the matter. 3. Have you done a preliminary literature search on the topic? If so, how many recent journal articles (5 years or less) did you find? Would you be able to source at least 10 to 15 journal articles? Would you be able to write a 10 to 15 page, double-spaced paper on this topic? I have done a preliminary literature search on the topic and I have found 11 recent journal articles that I would be able to source. I would be able to write a 10-15 page, double-spaced paper on this topic. 4. What title would you give your paper? I would title my paper “Unlocking Employee Potential: The Link between Compensation...
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...RESUMES WHAT IS A RESUME? A resume is a custom designed, written summary of your background. It provides a thumbnail sketch of your education, experience, and qualifications to a prospective employer. An effective resume targets a specific type of position and relates your skills and experience to that position. WHO WRITES A RESUME? A resume is written by anyone seeking employment, both part-time and full-time. Although there are companies that provide resume-writing services, the most effective resumes are written by the job seeker--after all, who else knows you, your qualifications, and your experiences better--someone you just met, or you? WHAT IS THE PURPOSE OF A RESUME? A good resume (in combination with a cover letter) will provide you with an interview. The employer will select applicants on the basis of how well their skills match up with the job requirements. Sometimes, the difference between getting an interview and being placed in the “no” pile is a well put-together resume. GENERAL RESUME GUIDELINES: Length: • A one-page resume works for the recent graduate. If you have extensive work history, two pages are reasonable. Remember to limit pertinent to what is important to the current job objective. Appearance: • Developing a well organized, readable layout determines if it gets read! Direct the reader’s eyes to the format. • Avoid dense text appearance, which is difficult to read. • Use high-quality white or off-white paper--stay conservative...
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...NOVA SOUTHEASTERN UNIVERSITY The Wayne Huizenga Graduate School of Business and Entrepreneurship-Master's ProgramS Assignment for Course: QNT 5040- Business Modeling Submitted to: Dr. Sabrina Segal Submitted by: Name e-mail Date of Course Meeting: Online Date of Submission: enter date Title of Assignment: Week 1 Homework-Research CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and any assistance that I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas, or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course. Student Signature: insert name Instructors Grade on Assignment: Instructors Comments: Introduction Remember to always indent the first line of a paragraph (use the tab key). The introduction should be short (2-3 sentences). Reasons that a Business Modeling Course is Included in the MBA Curriculum Introduce the concept and cite the resources DO NOT use the exact words… be sure to indent the first line of the paragraph. Citations required. (Articles from Nova Library Required) What will the Course will do for the Career Insert your copy here and be sure to indent the first line of the paragraph. Remember to use citations in the body of the paper. (Articles from Nova Library Required) Conclusion Add some concluding remarks-should...
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...Nova Southeastern University Wayne Huizenga Graduate School of Business & Entrepreneurship Assignment for Course: ISM 5014-Enterprise Information Systems Submitted to: Dr. Nainika Patnayakuni Submitted by: Date of Submission: 12/08/2013 Title of Assignment: Individual Reflection Paper CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledge and disclosed in the paper. I have also cited any sources from which I used data, ideas of words, whether quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course. Student Signature: z ******************************************* Instructor’s Grade on Assignment: Instructor’s Comments: The cases that we analyzed as a group as part of the class requirements were very interesting. I was able to relate to both cases especially due to the company I work for. Case number 1, was related on how to survive and adapt to a new market place. As the company I work expands, it continues to navigate and explore new markets with the different products it manufactures. Case number 2, concentrated on how pay attention to contracts and making sure one does its homework before making any type of decisions. I was able to learn from both cases different type of information system solutions and how to manage it. The group projects were very helpful by allowing...
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...Nova Southeastern University H. Wayne Huizenga School of Business & Entrepreneurship Assignment for Course: | MGT 5020 WKD | Submitted to: | Baiyun Gong | Submitted by: | | | | | | | | | | Date of Submission: March 8, 2014 Title of Assignment: Current Event 3 CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course. Student's Signature: ***************************************************************** Instructor's Grade on Assignment: Instructor's Comments: ------------------------------------------------- Will the Merger Work? ------------------------------------------------- You might merge with another organization, but two drunks don't make a sensible person- Gary Hamel Two of the largest grocery store chains, namely Albertsons and Safeway, are planning to merge in the near future. Thus creating a network of 2,400 stores, 27 distribution facilities and 20 manufacturing plants with more than 250,000 employees. One major reason for joining with another organization is to grow quickly and economically. Similarly, there is always a notion that by sharing resources and applying leverage, merged companies can create...
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...Nova Southeastern University H. Wayne Huizenga School of Business & Entrepreneurship Assignment for Course: | ISM 5014 | Submitted to: | Dr. Cynthia Ruppel | Submitted by: | Rui Xie | | | | | Date of Submission: 02/25/2014 Title of Assignment: Case Study 2 Reflection CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course. Student's Signature: _______________Rui Xie_______________ ***************************************************************** Instructor's Grade on Assignment: Instructor's Comments: Reflection Paper I am in the Group 4, they all very kind and gave me a great many of help. This is the second time we get together to do the case. And I found that it is easier than the last time. We just meet after class and allocated the work as last time, it is easier for each person to do the same part what they did before and know how to improve it. We know each other by the first teamwork and this time we don’t need waste time on build a communication line, know each other, or rebuild the trust. It makes the teamwork more effective. What I learn from this group work is that a team needs some...
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...Nova Southeastern University Wayne Huizenga Graduate School of Business & Entrepreneurship Assignment for Course: MGT 5020 Managerial Organizational Behavior Submitted to: Baiyun Gong Submitted by: Zubaer Rafique N01533706 218 Charter Way, West Palm Beach, FL 33407 561-713-8333 Date of Submission: 2/23/2014 Title of Assignment: Current Event- Craig Thompson faces 5 years jail after guilty finding on fraud, theft charges CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledge and disclosed in the paper. I have also cited any sources from which I used data, ideas of words, whether quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course. Student Signature: ZUBAER RAFIQUE ******************************************* Instructor’s Grade on Assignment: Instructor’s Comments: Former Australian MP “Craig Thompson faces 5 years jail after guilty finding on fraud and theft charges” on 18th February 2014 the age reporter Adam Cooper wrote about this on “The Sydney Morning Herald” federal politics section. Craig Thompson was union’s national secretary from 2002 till 2007. For the past few years this former MP was charged with more than 140 offences, including theft, obtaining property by deception and also obtaining financial advantage by deception...
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...Effective Term: 201310 NOVA SOUTHEASTERN UNIVERSITY H. Wayne Huizenga School of Business and Entrepreneurship Masters Programs FIN 5535 - Futures and Options (Weekend) I. INSTRUCTOR * Francisco J De Cossio (fdecossi@nova.edu) | II. COURSE DESCRIPTION Futures and Options: This course examines the structure and functions of the futures and options markets. The course covers the structure of options and futures markets with an emphasis on American markets such as the CME and CBOE. Additional topics include arbitrage restrictions, option pricing, hedging with futures, options on futures, exotics, trading strategies, and an introduction to corporate securities as options on the underlying cash flows. Prerequisites: FIN 5620 and FIN 5530. | III. PREREQUISITES ( GMP 5620 OR FIN 5620 ) AND ( FIN 5530 OR GMP 5530 ) | IV. LEARNING OUTCOMES A. ENTRANCE COMPETENCIES: Students must have prerequisite course work in the areas of basic accounting, basic economics, basic mathematics and statistics, managerial accounting, managerial economics, managerial finance, and quantitative methods. Additional coursework in financial markets and investments is required. All students entering this course should be computer literate, familiar with Microsoft Office 97 Professional Edition or 2000 Professional Edition Software, have unrestricted access to a personal computer, and have the ability to communicate effectively in writing. B. EXIT COMPETENCIES: By the end of...
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...paycheck arrives , it reads $0.00. This is the life of a college football player. College football players put in countless hours of hard work everyday for their universities and receive very minimal benefits. These kids can severely mess up the rest of their lives with one hit and nothing is guaranteed in this business. If something happens to a player where he cannot play football anymore, that school can pull the scholarship right out from under his feet, leaving him with nothing, most unable to pay tuition on their own. In 2010 the Southeastern Conference (SEC) made over a billion...
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