...Superior Slate Case Study The Superior Slate Quarry had been recently redesigned and updated, but Thomas North became concerned due to negative impacts on productivity due to the implemented changes. Analysis Reorganization of Superior Slate impacted the mattering maps of its employee, especially the splitters and trimmers that had worked as teams since the company’s inception. Prior to implemented changes, these individuals interacted frequently, had a common goal and work ethic, and genuinely enjoyed working together. These individuals worked together in small shanties, all day within their small groups. This type of work had been a way of life for these men and their families for generations. Being from Wales, they would socialize outside of work as well. Due to their cultural, social environments and working relationships, they knew the expectations of each person they worked with, as well as what was expected from them. These individuals had a shared vision of what quality work was and what needed to be done to achieve it. With corporate restructuring and changes in hob duties, these employees are forced to work in a different set of circumstances. Confusion has caused difficulty in performing the job at the level it was previously performed. The high values that were shared within the work environment dissipated their shared culture. If one person fell behind, in the previous work environment, their team would help them catch up in their spare time. ...
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...Public Offering April 2005 1 Disclaimer This presentation has been prepared by, and is the sole responsibility of, Neste Oil Corporation (the ‘‘Company’’) and its directors. This presentation does not constitute or form any part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares or other securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefor. This presentation has not been approved for the purposes of section 21 of the Financial Services and Markets Act 2000 and is directed only at persons who fall within Article 12 (‘‘Communications to overseas recipients’’), Article 19 (‘‘Investment professionals’’) and Article 49(2)(a) to (d) (‘‘High net worth companies, unincorporated associations etc’’) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (such persons being referred to as ‘‘relevant persons’’). This communication must not be acted on or relied on by persons who are not relevant persons. No reliance may be placed for any purpose whatsoever on the information contained in this presentation or on its completeness. No representation or warranty, express or implied, is or will be made or given by the Company, Fortum Corporation, their respective directors and officers, Morgan Stanley & Co. International Limited (‘‘MSIL’’), Morgan Stanley Securities Limited...
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...part of the murky melting pot of unrecorded history. However, bits and pieces of information can be reconstructed. Europe was the birthplace of the “modern” crayon, a man-made cylinder that resembled contemporary sticks. The first such crayons are purported to have consisted of a mixture of charcoal and oil. Later, powdered pigments of various hues replaced the charcoal. It was subsequently discovered that substituting wax for the oil in the mixture made the resulting sticks sturdier and easier to handle. While these discoveries were being made in Europe, the foundation was being laid in the United States for a company that would turn the crayon into its best-known product; one that would reach the households of generations of children throughout the world. In 1864, Joseph W. Binney founded the Peekskill Chemical Company in Peekskill, N.Y. This company was responsible for products in the black and red color range, such as lampblack, charcoal and a paint containing red iron oxide which was often used to coat the barns dotting America’s rural landscape. Peekskill Chemical was also instrumental in changing the look of America’s highways. The first automobile tires were...
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...SARBANES OXLEY ACT _ FLASH CARDS!!! Inside Directors who are also officers in the corporation, have typically controlled their company's board. Outside directors (also called independent directors) do not work for the company and have traditionally played a lesser role.1 They have been described derisively as "ornaments on a corporate Christmas tree" or "parsley on the fish." Nominated by their friend, the chief executive (CEO), and elected by shareholders without question, these directors could collect handsome paychecks while simply rubber- stamping the CEO's decisions RIGHTS OF SHAREHOLDERS 1. Rights to Information 2. Rights to Vote 3.Right to Dissent 4.Right to Protection from Other Shareholders 5. Right to Monitor 1. Right to Information A company's obligation to provide shareholders with financial information depends on whether it is publicly or privately held. States, which regulate private corporations, generally do not require automatic disclosure of financial information to shareholders. Although the Model Business Corporation Act (Model Act) does require some disclosure, most states do not follow its recommendation. In contrast, the Securities and Exchange Commission (SEC) carefully regulates publicly held corporations and requires them to provide shareholders with extensive financial data. What right do shareholders have under the Model Act shareholders acting in good faith and with a proper purpose have the right to inspect...
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...supply chain are: -Milk -Cheese -Butter -Yogurt -Cottage cheese -Boxed Cereals -Cereal Bars -Sandwich Breads -Vegetarian Meat Products -If there were disruptions in the U.S. Milk supply the price of meat could also fall if dairy farmers were forced to slaughter the cattle for meat instead of milking them. Question 3: How can CRM help communicate issues in the supply chain? ANS: Customer relationship management involves managing all aspects of a customer relationship within an organization to increase customer loyalty, retention, and organizations profitability. Customer contact is often one of the first signs of issues with product quality once the product has reached market. Because a CRM can track a customer complaint, a company can...
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...storage and the ordering of components that many companies use in producing items. Inventory tracking used also for overseeing and controlling of finished products for sale. A company’s inventory is their investment and a part of their assets that has sold and used in the company as part of its production. Inventories that are mismanaged may create sizeable financial and inventory problems for companies, whether the mismanagement results in an inventory shortage, over inventory and loss in possible sales. The two types of inventory tracking used are Perpetual and Periodic. In a perpetual (usually used in supermarkets or department stores), a continuous flow of inventory count is tracked using a point of sale (POS) check out system. This system is perfect for companies to manage what has sold and reorder when a reorder point has reached. Another advantage of this system is its ability to account for shrinkage (theft) and inventory turnover. The periodic system (used in smaller retailers) used to take a physical count of inventory at periodic intervals to replenish the inventory. This system would be most beneficial for companies that do not have products with UPC or bar codes...
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...FACULTY OF TECHNOLOGY MANAGEMENT AND TECHOPRENEURSHIP BACHELOR OF TECHNOLOGY MANAGEMENT (HIGH TECH MARKETING) 1BTMM SEMESTER II SESSION 1 2015/2016 BTMP 1063: HR MANANGEMENT & TECHNOLOGY CHAPTER REVIEW: EFFECTIVE DISCIPLINE AND DOMESTIC INQUIRY PROCEDURES PREPARED FOR: PUAN EDNA BINTI BUYONG PREPARED BY: NO. | NAME | MATRIX NO. | 1. | TOH HUI LING | B061510068 | DATE O,F SUBMISSION : 23RD MARCH 2016 Chapter 20: Effective Discipline and Domestic Inquiry Procedures The purpose of discipline is to encourage employees to meet established standards of job performance and behaviour. This means all employees are expected to adhere to rules and regulations. Discipline is actually a form of training. When employees get more enjoyment from their work and feel that they are part of the team they will tend to follow rules and regulations willingly. Discipline action should only be used as a last resort and employees should be encouraged to practise self-discipline. Whether an employee is terminated or dismissed, however, the Industrial Court will proceed to hear the case as a dismissal if it is referred to the Court. Termination arises out of breach of contract and an employer has the right to terminate an employee if he has breached the terms of his contract. If the employees would not be able to perform his duties and if there is no other suitable work for the employees, the employer has the right to terminate the employee’s service. The right to dismiss arises...
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...frustrated feelings from both sides because one couldn’t convince the other to his view. Of course throughout class it is obvious I have a Christian world view, and it is difficult to comprehend those around me (in my culture) may not have the same world view. I believe the only way to Heaven is to be saved by professing Jesus as our Savior, and asking for forgiveness of our sins. We are spiritually born again into a new life with God and His teachings as our guide, and also for our reason to live. God renews our faith, cleanses us of our wickedness, and refreshes our soul. Then we are also baptized, a symbolic way of washing away our sins and through the grace and mercy of Jesus our slate is wiped clean. One aspect of Christianity that non-Christians can’t seem to understand is that clean slate may get a little soiled now and again. But when you have faith that Jesus has saved you and will forgive you, there’s a real comfort that is called hope. We aren’t perfect and we know it. If we had to be perfect I suspect Jesus would be lonely in Heaven! We would also have no hope of eternal life with him, and I can’t think of anything else that could be worse. One of the most chilling quotes is from Dante’s Inferno, “Abandon hope, all ye who enter here.” It is unfathomable for me to imagine a life without hope. Until the last few years, when we started having blogs and comments on articles from magazines or newspapers, I never realized how many atheists and non-believers there...
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...I. Introduction What is bullying? A bully is defined as a person who uses superior strength to influence or intimidate another person or to force him or her to do what they want. Bullying can be found almost everywhere in homes, on the internet, and especially in schools. Bullying has a lot of repercussions that affect people in many ways. Recently, bullying has been blamed for the rising number of teenage suicides all over the country. No one is born to be a bully, it is a taught skill (Kropar). A victim of bullying doesn’t ask to be hurt; it’s a product of ignorance from today’s society. Agencies like the Department of Education could start implementing stricter rules to protect students. Bullying has become a problem that needs to be addressed as soon as possible to protect victims everywhere. Bullying has become a main issue and as time goes on it seems as if there is nothing that can done to prevent it from happening. Whether the bully hassles that person or they see it happening to someone else down the road, it is something everyone encounters every day no matter where they go. To understand the actions of bullying, people first need to understand what a bully is. There is no specific type of a bully or their victim; they come in all shapes and sizes. Some bully because they have a hard life at home, others may bully because they simply find joy in making others feel smaller than they do personally. It is easy to identify why people are victims of bullying, but pinpointing...
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...Youngsters 7 Data Analysis 7 Alternative Data Analysis 11 Recommendations 12 Action and Implementation Plan 13 References 15 Giving Wings to the Red Bull Market Executive Summary Red Bull has become a long-term leader in the energy drinks market. It has achieved a worldwide expansion, being part of the top brands in the sports and energy drinks industry. Moreover, its brand is one of the most recognized in the world. Consumers immediately relate their logo and slogan to extreme sports and other adrenaline-filled activities. Their brand image is powerful and stronger than brands like Nike and Apple. However, the company has been failing in targeting international consumer behaviors. It has been losing consumers due to the rise of competitors, lingering in new product development, and to its specific target market of 16-year-old youngsters. The company is now behind Monsters Energy in the United States and, in the worldwide sports drinks market, behind Gatorade (Pepsi) and PowerAde (Coca-Cola). Moreover, it has been missing large market opportunities such as Latin American countries that have a large consumption of soft drinks. Their approach to consumers needs to change in order to recover their position as the leader energy and sports drinks brand. It is highly suggested that Red Bull invests more in their Research and Development department in order to further understand their costumers’ needs and desires. For instance, they could develop products with more nutrients...
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...effective goal setting program. As Allstate seeks to stay competitive by improving performance and achieving their goals, their focus has been mainly on their diversity strategy. The company’s vision statement, which has internal and external goals, uses diversity as the foundation for their success. Their goal setting process is broken down into four steps: Succession Programming, Development, Measurement, and Accountability and Reward. Step one is succession programming which involves selecting a diverse slate of candidates and developing them for key positions (Hellriegel and Slocum, 2011). This process is easily tracked as management makes sure that the company will be diverse at all levels. Allstate also has a minority recruitment program to where they focus on colleges that show the most diversity. Step two’s focal point rests on development. Allstate’s employees all receive a job skills assessment and a blueprint for improvement so they can advance throughout the company. This can take the form of education, coaching and mentoring, or classroom training (Hellriegel and Slocum, 2011). The instructors are also evaluated so that Allstate can revamp this step if needed. Step three focuses on measurement. Allstate has incorporated a bi-annual survey that feeds into their Quarterly Leadership Measurement System. The questions asked of this survey are to determine if any employee has a negative outlook on the service provided to customers of different backgrounds, gender, age,...
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...TQM Research Paper Introduction The past two decades have witnessed the rise and fall of countless short-lived fads. Some have attracted a flurry of book, articles, and seminars; others have been completely discredited. Businesses have realized that there is a need to restructure their business practices and become more customer-focused. All recent business approaches and techniques have generally aimed at improving performance, increasing profits, gaining market share, and most importantly satisfying the customer who has become more educated and more demanding than ever. In the last two decades two organizational development models have dominated the business world for a considerable period of time namely Total Quality Management (TQM) and Business Process Reengineering (BPR). Statement of Objective This paper aims to shed a novel light on the two most recent and prominent management approaches, namely TQM and BPR. In an attempt to examine the interaction between radical BPR and incremental TQM with respect to change management, I shall briefly discuss the two constructs and contemplate the roots and basic tenets that underlie each. BPR has been referred to in the literature as “the successor” of TQM and has been treated as an equal. I shall treat the similarities and common grounds among the two, as well as the differences between them. Next, I shall touch upon the weaknesses and highlights that distinguish each, and then move on to construct an integrated model in an...
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...Essay Assignment: Equality of Opportunity Part 1: Formal equality of opportunity refers to the requirement that” positions and posts that confer superior advantages should be open to all applicants” (“Equality of Opportunity”). In essence, formal equality of opportunity advocates that all applications are evaluated on their merits and achievements. It states that positions should be offered to applicants who are deemed most qualified in accordance with the appropriate criteria for the position. Although formal equality disallows deliberate omission of people established on race or gender, it does not disallow “statistical discrimination” (“Equality of Opportunity”). Statistical discrimination refers to the use of stereotypes that are “sufficiently accurate” to treat all members of a group the same without devoting any additional resources to determine the actual qualities that are unique to each individual group member. The aforementioned comments regarding statistical discrimination may be disregarded by some as the concept of statistical discrimination is in conflict with the fundamental idea behind formal equality of opportunity. Judging people based on stereotypes that are statistically significant is an idea opposed to giving everyone a clean slate and a judgment based solely on their merits which is the core idea behind formal equality of opportunity. Substantive equality of opportunity can have two alternative definitions. Firstly, substantive equality of opportunity...
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...Clorox Formula 409 Company Information * Company history * 409 isn’t the area code of the Clorox Company nor is it the birth date of the creators daughter. It was created by two dedicated scientist that worked hard on making the formula. On their 409th try, the product was formed. Referring to the name “Formula 409”. * Overview: Divisions, Products and services * 409 consist of several products * All purpose cleaner – Cuts through tough grease and grime. This product disinfects against the following organisms: Staphylococcus aureus, Salmonella choleraesuis, Influenza a Hong Kong virus. Contains no phosphorus. Not harmful to septic systems. * Glass and Surface cleaner –Cleans and shines windows, mirrors, stainless steel and other hard surfaces with less streaking. Dissolves food and petroleum grease * Pro 409 degreaser – cleans grease around stove and kitchen tops. Leaving a shine to every surface after applying 409 degreaser to surface. * Awards * The Clorox Company is a leading manufacturer and marketer of consumer products with fiscal year 2002 revenues of $4.0 billion. Clorox markets some of consumers' most trusted and recognized brand names, including its namesake bleach and cleaning products, Armor All® and STP® auto care products, Fresh Step® and Scoop Away® cat litters, Kingsford® charcoal briquettes, Hidden Valley® and K C Masterpiece® dressings and sauces, and Glad® bags, wraps and containers. With...
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....Pg. 9 CONCLUSTION...................................................................................................Pg. 11 REFERENCES......................................................................................................Pg. 12 1 EXECUTIVE SUMMARY Real estate throughout the world suffered a huge shock during the financial downturn of the late 2000's, and while the vast majority of other sectors are on the mend, the retail sector still seems to be having a bit of trouble getting back to where they were before the crash. A large reason for this has to do with Amazon and other online retailers taking up a larger and larger share of the available sales forcing many companies into rethinking their business plan, leading to store closures, downsizing, and even bankruptcies. The companies that do seem to be adapting to the new world of internet commerce, have adopted plans that require not just fewer, but smaller stores. This has left a huge hole in many shopping centers that may never recover in this new economic reality. How these giants of retail have been humbled by what started as just another internet startup during the dotcom boom is amazing...
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