teSeeking an effective way to report intellectual capital Summary In today’s knowledge economy, intellectual capital has been playing an increasingly significant role in creating corporate sustainable competitive advantages and becomes instrumental in determining the enterprise value. Though measuring the value of intellectual capital is difficult, with the emerging of intellectual capital valuation models, a number of leading companies have decided to make additional intellectual capital disclosure
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Tutorial 9 Cascade Control Description: The tutorial gives a series of exercises on the proper design of cascade controls, which can dramatically improve the performance of feedback control systems, when it is designed and implemented correctly. The first exercise is about determining whether the cascade control was possible in the design of furnace coil outlet temperature control. If it not properly designed, appropriate changes must be made. The same thing is done with the second exercise but
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What was the basic thrust of the research given to you few weeks ago? 1. The problem- stakeholders not happy the way the company is managed. 2. You must define the unit of measurement I have given you a research model . None of you defined the research and mentioned the variables. Please see the attached and follow the given fundamentals to redo the research as delineated in the variables given. I want to know who you will interview and why? This is how you do research. I have given you
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casting, the 19” mill, the mod mill department, and the grinding media department. Kansas City Works was however not a low cost manufacturer. Each center consisted on one or more cost centers. The cost performance measurement used mainly was a summary measure called “Cost Above”. By using Cost Above measurement, manufacturing managers received an Operating Statistics Report. The Operating Statistics Report’s out gave managers five-year history, monthly and year-to-date actuals, monthly and year-to-date
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What does the acronym SMART signify for measurement? Why are these characteristics important? As mentioned in the textbook, good data and good measurement system are the basis for the effective quality control as well as for quality improvement. Thus, a good measure is relatively important to quality management. The acronym SMART represents simple, measurable, actionable, related (to customer and optional requirements), and timely. A good measurement should be: 1. cost effective and easy
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success, we chose some very important metrics and its associated Key Performance Indicators (KPI) to help us assess and monitor our progress. Each KPI discussed below will supplement our scorecard as the benchmark measurement. Conversion Rate Each visitor can be counted as WizCo’s potential buyer. The success of our online presence is measured by our ability to convert high volume of visitors into buyers. The aim of this performance indicator is to increase our conversion rate by optimizing each and
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founder still run the company. Facts * Private owned business doesn’t have to answer to shareholders to make decisions * Too many products to manage and validate pricing * Revenue Focused eliminates customer service with the new performance program * Low pay scale and physically demanding job which attracts employment from people from the lower class neighborhoods which can lead to high turnover rate and lack of understanding in what it takes to run a business Issues Some
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flexibility, and speed are measured for organizational success. Managers measure their organization’s success through performance measures that provide feedback continuously to determine if goals are being met. The performance measures primary goal is to eliminate waste by identifying the value stream to bring a product through critical management tasks. These performance measures include productivity, capacity, quality, speed of delivery, flexibility, and process velocity. Process analysis
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Pemsah and Sihathor’s farms’ performance based on their statements of operation and statements of corn flows. We will first indicate the phenomena and attributes of interest in this case. Then, we will utilize statistics from financial statements to measure who did better job regarding corn harvest. Last but not least we will make a recommendation to the Chief Scribe. PHENOMENA AND ATTRIBUTES OF INTEREST A phenomena and attribute of interest are both aspects of measurement. The phenomena is the object
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DQ 1 How would you define research? What is the purpose of business research? How has the Internet changed the quality and quantity of research? Kapil C. Mathur, MBA Research can be defined as the search for knowledge, or as any systematic investigation, with an open mind, to establish novel facts, solve new or existing problems, prove new ideas, or develop new theories. Research can be divided into different steps in order to understand the whole process more in depth. The first step towards
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