...John Ferry Bilaos, CPA May 10, 2015 S130145 PRIMAN Elektra Products, Inc. I. Definition of the Problem Elektra Products, Inc. is an old company that has been around for 80 years. It had once been a top leading company in the industry but those years are long gone. Over the years, it has been encountering the following problems that lead to a great concern for its top management. These problems are as follows: a. Declining market share due to increased foreign and domestic competition b. Few and far in between new product ideas c. Poor staff relationship – Departments such as manufacturing and sales barely spoke to each other d. Employee morale is in all time low – Many employees are actively seeking other jobs Top management is already aware of the company’s shortcomings and problems. This led to the hiring of new CEO, Martin Griffin, who is pushing for the new empowerment campaign. Management is aiming to foster a new era of employee involvement and empowerment amongst the employees of Elektra Products. With the increasing competition, Martin emphasized on the need for new ideas that will come from the employees. The new CEO believes that the new empowerment campaign is the best way to address the problem. This new empowerment will promote innovation and improvement of working relationship among the employee. However, throughout the case, there are additional problems that were...
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...Pros and Cons of being a young adult manager In the Retail Industry Presented To: Mr. Perry Barton Principle of Management MGMT 1100 By: Hillary D. Wooden Date: October 8, 2012 In the retail industry there are many different managers with different personalities. When you think of managers in the retail industry, you picture an older adult that has worked with the company for 20-30 years. Companies now have seen that having older adults is more of a liability than an asset. Having older adults as managers can have some pros but sometimes there are cons. After talking to different managers within my company, I have came to the conclusion that many companies are looking into hiring younger adults to fill their manager positions and younger workers to fill associates positions. After doing my research and talking to different managers within my company I have come up with different pros and cons of being a young adult manager in the retail industry. Pros of being a young adult manager in the retail industry are having good planning, leading, human, and technical skills. Cons of being a young adult manager in the retail industry are being less organized, less controlling, non-conceptual, and sometimes lacking motivation to manage skills. In the following paper I will be discussing in more detail the reasons for these pros and cons. One of the first pros of being a young...
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...“The Blogs of War” Everyone has curiosity about what is going on in the war and why war starts. The best way to find out this information is listening to military blogs. If you have the same level of curiosity that many Americans have wondered all the time what is a military blog, who writes them, what are the pro and cons of military blogs? In the passage, “The Blogs of War” John Hockenberry explains these points with firsthand accounts of soldiers in the war in Iraq. In the passage, Hockenberry defines these military bloggers aka milbloggers as would-be poets. Would-be poets offer unprecedented real-time, real-life windows on war and the people who wage it. This meaning soldiers that sound like poets expressing their feelings and views of the war in blogs rather than in poems. “Black five”, a former army intelligence officer and paratrooper says that milblogging may be the result of an explosion of communications technology throughout the military and an increase in brainpower among the lower ranks. Basically this means when email, Skype and other ways to communicate started being brought around, it became easier for soldiers at war to keep their family, friends and others around the world updated on what is going with them. This allowed someone to think more in depth to figure and say “Since I can update my loved ones about what is going on why not give the world a front row seat on what is going on at war?” Therefore, military blogs are blogs written by soldiers to keep...
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...a. I think women are better listeners than men. PRO | CON | Women show to a greater extent in emotions | Could be just pretending to listen | Women naturally use reflective language | They talk way too much about one thing | Women care and are really interested in conversations | Can be annoying with certain topics | They give advice from their own experiences | They can push a subject down your throat | They give a women’s perspective on certain things | May be crying or loud speaking | b. capital punishment is no deterrent to crime. PRO | CON | Morality | Cost of death vs life in prison | Constitutionality | Race | Deterrence | Income level | Retribution | Attorney Quality | Irrevocable Mistakes | Physicians at execution | c. “Hard” sciences such as math are more difficult than “soft” sciences such as sociology. PRO | CON | More prepared for life situations | Economics | Larger expand of knowledge | Political Science | Being accurate | Chemistry | Computing sciences | Less job opportunities because of less knowledge | Physics | Biology | d. The production and sale of cigarettes must be outlawed for the health of the American public. PRO | CON | Change magnitude smokers because it is outlawed | Finding alternate bad habits | Chemicals found in cigarettes | States loses money on cigarette sales | Stop underage smokers | Have yellow tone on your skin, fingernails and teeth. | Decreased number of smokers | Your lunges bequeath...
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...at all the pros and cons of both changing the applications and the pros and cons of not changing the applications. First we can look at the pros of changing the IT applications to include a customer loyalty program. A good thing that may come out of changing the IT applications would be that the national chain would hope to keep the customers that the regional chain already has. This would help them to make more money and hopefully make the merger a success. This could also attract new customers that are looking to save money when shopping for their regular groceries. By promoting the customer loyalty program and telling potential customers that if they sign up for the program that they will be saving “x” amount on certain marked products, this will more than likely start to bring in more customers to the national chain because most people are always looking for a way to save money. This will also make the national chain more money because they will have more customers coming in and out of their doors, but they will still be making money off the products that they are selling, but they may not be making as much. A con to changing the IT applications to have a customer loyalty program is that it will cost the national chain a lot of money up front. This might mean that they have to cut funds from some other part of their budget and could throw off their daily order of operations. This could also mean that they need to make personnel cuts and they would probably start with the store...
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...education and career, give you an example of how your ELI can help you make better decisions. I will also talk to you about what steps I will be taking in helping me improve my critical thinking , what resources that I will be using from the university, the pros and cons of working with outside sources and other lessons that I have learn from being in this class. Academic Success When you are first starting out at a new school your first thought is that you want to be successful. Well it’s not the easy all the time for some people and in being successful there are some guidelines that you will have to follow in order to have success in school and that’s what I am going to talk about to you today and the way you can do that the first thing I will talk to you about is how goal setting can lead you to success and in doing so I will give you an example of a goal I have set for my education and my career, the second is how the writing process can help you with your academic career and your professional career and how the information form my ELI will help me in making better decisions. What steps I will take to improve my critical thinking, the resources that I will use from the university. I will also talk to you about the pros and cons of using outside sources. In having academic success the first thing you must do is to set some goals for yourself. How can setting goals lead you to success? By setting goals this can lead you in to choosing where you want to go in your academic career...
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...But now that I know a few facts, I can I agree partially with both sides of the issue. I think that people should have the right to carry concealed guns but that there should also be a few more regulations. These rules and regulations should include instituting one-gun-purchase- per-month laws, and also requiring registration of all handguns. Another point in this section that grabbed my attention was President Clinton’s assault-weapons ban. I feel that this law should still be in place, because it allows people to carry guns but of a less lethal nature. This is my opinion creates a happy medium. I disagree with investing money in head start programs. Although they are beneficial in preparing children for elementary school and teaching children to interact with others. I do not believe investing money and engaging children in head start programs will prevent them from committing crimes and displaying deviant behavior later in life. Thus the money invested to supposedly lower crime rates could be invested in other programs such as job corps. I believe programs such as job corps are quite a bit more beneficial to at risk youth. This is because Job Corps is not only a program that youth are involved in when they are a bit older but it also provides job training. In my opinion individuals who are employed and are able to support themselves are less likely to commit crimes, end up in jail, or need any form of welfare. All in all investing in programs like Job Corps is beneficial...
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...should not be used as grading elements. Also, at present, WritePoint cannot detect quotations or block-quotes, so comments in those areas should be ignored. Please see the other helpful writing resources in the Tutorials and Guides section of the Center for Writing Excellence. Thank you for using WritePoint. The benefits of early head start [If referring to the child care program, this should be capitalized] Shanta Denard PHL/458 Febrary 21, 2013 Joan Middleton The benefits of early head start Many people have different opinions regarding goes head start programs increase a child chance of academic success? [Writing suggestion: Unless in a quote or a title, avoid rhetorical questions in academic writing. A good idea is to provide answers, not questions] There are pros and cons to both sides of this question that makes it difficult to really [Writing suggestion--"real" or "really" means "existing in actuality"--it adds...
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...Business Strategy Case 3 The O-Fold Kyle Huffman Olds College Submission Date: February 14 2013 O-Fold Business Opportunity Introduction Alex Richards was a 4.0 GPA student, double majoring in finance and accounting. Before taking a trip to Colorado, Alex was faced with a problem: whether or not to take a suit on the plane, he did not want to wear it on the plane nor pack a suit case due to having the clothing wrinkle. He came up with the idea of the O-Fold, a cylindrical tube that clothes could be wrapped around, secured with straps, packed into tight spaces, and arrive wrinkle free. After completing a preliminary patent search online and finding nothing similar to his idea, Alex had to make a choice whether or not to start a company. He came up with four options, sell the idea, license the idea, outsource production, or use a crawl-walk-run strategy. External analysis With more then $5 billion in sales the luggage industry strengthened, as the baby boomer generation reached its peak travel ages (45-54). With profit margins growing from 28.9 percent in 1990 to 45.9 percent in 2000 the industry is looking profitable. As well having around 75 percent of the merchandise imported, this lowers the cost of production and materials. An important trend to look at is the use of handbags or carry on items. With the rising cost of fuel airlines started charging for check baggage, resulting in an increase of people buying carry on/handbags. Handbags sales increased from 3...
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...Pollution is no new name to the harm our environment receives and it comes from the burning of fuel. As well as pollution being created, global warming, which is a huge debate in today’s society, is also caused by burning fossil fuels (Rinkesh “What are fossil fuels”). Not only does it damage our environment, but it causes health problems for its wildlife and our own lives. These hazardous effects will have a long term duration and require a cleaner solution and that is natural resources (Rinkesh “What are fossil fuels”). These alternative energy sources would need to be renewable, cleaner, and abundant to replace fossil fuels and help save the environment. For instance, there are many countries and governments taking the initiative to start using green energy, but one in particular is taking more than a few small steps and that is France. Early March of last year, a company called Urban...
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...BHS328 - Team Building Dr. Ray Borges Case Study 1: What makes the group a team & why is Motivation the Key and what are the pro and cons of teams. Date: 25 July 2011 Abstract I have just been appointed to head position in the local division of a health care management organization. A colleague of mine stated that he wants to assemble a group of employees to meet periodically together and discuss issues and events that have taken within the organization. In this case study I will explain, define and discuss under what circumstances the group would be considered a team, in other words, what would be its distinguishing characteristics between a group and the team. I will also talk about the concerns of another colleague in which he states he feels that a team could function effectively in our organization even if the individual employees lacked the needed motivation. My job in this case study is to explain to him why motivation is important when working in teams. I must in doing so consider the role of involvement of the employees. Lastly I will describe some of the positive and negative aspects of working as a team. As the head of the local health care division, I had to explain to one of my collages what the difference between group and team were. I started by trying to explain that: In a group, members think they are grouped together for administrative purposes only. I explained to him briefly some of the ten defining features that separate...
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...Running head: PROS AND CONS Pros and Cons of Compensation for NCAA Division I Student Athletes Mark Dunkley PEP 461 Student The College at Brockport Abstract This paper weighs in the pros and cons for the compensation of Division I college student athletes. This paper also introduces a plan that would allow monetary compensation of college athletes in the United States. A survey was distributed to 14 males of the Suny College at Brockport basketball team Pros and Cons of Compensation for NCAA Division I Student Athletes The exploits of student-athletes in sports have variously been advanced as generating a lot of dollars in forms of revenues for their respective institutions, which has generally raised the question as to why they shouldn’t be compensated for their sporting prowess. Student-athletes generate tens of millions of dollars for their respective athletic departments and ideally then should be reimbursed. However, as per the guidelines of the National Collegiate Athletics Associations (NCAA), athletes are not supposed to receive any commercial use of their personas and likenesses and are indeed not expected to gain any monetary compensation for their sporting engagements. This has generally been interpreted to mean that they cannot enter into agreements for endorsements in their sporting activities as has been the case with professional engagements. Instead, students are expected to benefit from the payment for tuition fees from their sporting activities...
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...If the hourly rate increases, then some employers cannot compensate a higher pay rate for their workers. Therefore, they must lay-off employees to stay within their budget (“The Pros and Cons of Raising the Minimum Wage”). To me that doesn’t seem fair that some workers get paid a little bit more while other don't get paid at all. Some benefits from the companies may also be cut. Instead of making prices higher to counter the pay raise, they will simply cut benefits like paid vacation, reimbursed parking, or gym memberships (“3 Pros and Cons of Raising the Federal Minimum Wage: Where Do...
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...discussion among companies trying to maximize profit. This concept of doing business offshore has both pros and cons and all should be measured to determine what is best for the company both long term and short term. One benefit of off shoring application development is the cheaper labor costs. At the inception of off shoring and outsourcing, supporters of this concept have always noted that lower labor costs will benefit a company with a higher profit margin. Countries that provide off shoring services to the United Stated do not have the higher over- head costs to operate because their employee labor market is significantly lower at cost per hour than employees in the United States are. Keeping in mind the lower labor costs, many companies see that software developers can utilize the same benefits of cheaper labor as other service areas to maximize profit and minimize costs. Another benefit of off shoring application development provided by Clarety Consulting is the less production down time. In this article it is explains off shoring software development allows employees to work on site for 24 hours a day (Advantages & Disadvantages Sotware Developoment Outsourcing). The concept behind this approach to outsourcing is that with access to employees in various countries production on software never has to stop because in every country there is another time zone to begin and start the workday, thus allowing a faster production of products in this case the faster production of software...
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...Small business network management: just another job or an exciting career? Managing a small business network can be tough work, but it is a fun and exciting career, than provides endless opportunities for learning new technologies and ideas. Although this is a good career choice, there are many times where this job can be frustrating and tough. The frustrating times come when mission critical equipment fails, or a configuration file gets corrupted. First I will talk about the equipment needed to make a small business network function, with minimal errors. Next I will explain the pros and cons to managing a small business network. Lastly I will talk about what I recommend for a small business network. To start the body off, I will be explaining what equipment is needed to start a small business network. First we have our routers and switches. Routers perform many functions, one of which is serving as a firewall. Computers have tens of thousands of ports, or "doors" as this essay will refer to them as. Without a firewall, all the doors on the computer are unlocked and available for anyone to use. Anyone could be your brother sending an email, or hacker from Indonesia using your computer to send SPAM. Firewall's will recognize all the doors your computer isn't using and lock them, so no one can use the doors, unless you know the password for the firewall. Routers also have various other functions, which may or may not be used by businesses; it all depends on your application....
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