Decision Analysis Study - 6847 Words

Decision Analysis Study Decision Analysis Study Introduction This paper will Be providinG a memo that includes many Tasks related To project planning and operations management. All memos are present accordingly to the separated tasks discussed. We will be using the case study of â€Å"Shuzworld†. As the operations consultant for Shuzworld, we will be following all the tasks and then will provide Recommendations by analyzing the problems given in the task prompts. We will also apply the appropriate decision analysis tool to make reliable and valid Recommendations. Task 4 Part A In this task we will be providing whether Shuzworld should build the proposed stand-alone store, the strip mall store, or not proceed with construction, by†¦show more content†¦The profitability problem is one of the most important problems of future profitability when opening a new store process and is the important content of the course of operation management. By recommending the use of this crucial tool, we need to understand, that this will give Shuzworld a direction, to which one of the three options is the best (the stand-alone option, opening of a brand new store or to do nothing now) for the most cost-effectively and profitability option. Also I am recommending this tool, because the decision tree analysis process, which are of great importance in the industrial production of high quantity standardized products (Shoes, sandals, etc) and lately has gained importance in the low volume production of customized products. Due to the high capital requirements when looking for the opening of a new store, decision tree analysis is of great relevance for the manufacturing business. Because of it, this attracted the attention of the manufacturing industry, who tried to support practical cost-effectively analysis by using the proper profitability models. Now, we will analyzed, which one of the three options is the most cost effective and profitable, than the other two. To finally be able to make the proper recommendation. We need to find out, which one of the exact EMV, in which process (option), will become more cost-effective andShow MoreRelatedDecision Analysis : The Decision1528 Words   |  7 PagesIntroduction Decision analysis provides powerful techniques to structure complex problems, identify optimal choices, and facilitate communication between the decision analyzer and the person makes the decision. One of the most important values of these techniques is that they enable decision making to be rational rather than intuitive or holistic. They provide a framework for rational decision making in an uncertain environment. As modern decision analysis has been studied for more than five decadesRead MoreComparative Analysis Of Data Mining Tools1685 Words   |  7 Pages Comparative Analysis of Data Mining Tools Research Paper 11/16/2015 Dr. Kweku-Muata Osei-Bryson 1. Executive Summary This research paper is about the Comparative analysis of three data mining software’s selected based on four important criteria Performance, Functionality, Usability and Ancillary Tasks support. â€Å"Data Mining is a field of study that is gaining importance and is used to explore data in search of patterns or relationships between variables and is applied to new data used for predictions†Read MorePlatform Strategies For Multiple Criteria Decision Making899 Words   |  4 PagesCriteria Decision Making (MCDM) Decision making is the study of identifying and choosing alternatives based on the values and preferences of the decision maker. Making a decision implies that there are alternative choices to be considered, and in such a case we want not only to identify as many of these alternatives as possible but to choose the one that best fits with our goals, objectives, desires, values, and so on. Decision making should start with the identification of the decision maker(s)Read MoreMulti Criteria ( Or ) Attribute Decision Making ( Mcdm / Madm ) Essay1076 Words   |  5 PagesMulti-criteria (or) attribute decision making (MCDM/MADM) methods have very high applications in industries for solving real world engineering problems. In the present work, MCDM methods of weighted sum method (WSM), Weighted Products Method (WPM) and TOPSIS, have been employed for the computational analysis of multi-responses. AA7075 has been taken as work piece for the experimentation and the experiments were done on CNC lathe as per the Taguchi’s standard L9 Orthogonal Array. The cutting parametersRead MoreStudy Analysis: Memory Associations Between Negative Emotions and Alcohol on the Lexical Decision Task Predict Alcohol Use in Women771 Words   |  3 PagesAccelerated Learning Memory associations between negative emotions and alcohol on the lexical decision task predict alcohol use in women (Campos-Melady, 2012) is a report of new research that studies the relationship of negative reinforcement and alcohol use in women. This study used the Lexical Decision Task (LDT) to examine the relationship with 78 female participants using alcohol and emotion words in a questionnaire. The introduction and abstracts examine previous research, their methodsRead MoreDecision Tree Case Study1623 Words   |  7 Pages Decision tree analysis Decision tree analysis known as an analytical tool applied to decision-making under condition of uncertainty, also clarifying where there are many possible outcomes for various alternatives and some outcomes are dependent on previous outcomes. However, decision tree will present as a diagram by showing the relationship among possible courses of action, possible events and the potential outcomes for each course of action in the decision (Drury, 2012). So decision tree analysisRead MoreCost-effectiveness Analysis of a Rotavirus Immunization Program for the United States1160 Words   |  5 PagesThe â€Å"Cost-effectiveness Analysis of a Rotavirus Immunization Program for the United States† was designed to estimate the economic impact of a national rotavirus immunization program. The research question and objective of the analysis was to determine if a rotavirus vaccine immunization program would be beneficial and cost effective. The study is policy relevant because it will de termine if a rotavirus vaccine immunization program is effective enough for implementation and will assist in settingRead MoreStandards For Financial Decision Making926 Words   |  4 PagesAbstract. The article reviewed was Standards for Financial Decision-Making: Legal, Ethical, and Practical Issues. The key of the abstract is to emphasize the existence of standards and statutory mechanisms for financial decision-making. The article is based on standards of the National Guardianship Association (NGA) (p. 1275). Introduction. The authors study the meaning of term â€Å"standard†. Some dictionaries determine the term â€Å"standard† as a model of acceptance, others – as a measuring criterionRead MoreFeasibility Analysis : A Project Decision Making1143 Words   |  5 PagesThis issue ultimately takes us back to the project feasibility analysis which forms an important preliminary constituent of software design process. This research paper focuses on the importance and need of feasibility studies in system design and its use in critical project decision making. The paper also describes the bypassing circumstances where feasibility analysis isn’t necessary. FEASIBILITY ANALYSIS: Feasibility Analysis forms one of the significant components in any system design projectRead MoreFeasibility Analysis Of Project And Using Resources885 Words   |  4 Pageshave been involved in a situation in the workplace where a feasibility analysis was not done and should have been done and time or money (or worker sanity/happiness) was lost, tell us about it (you can change the names of the parties involved). Based on what you ve read about decision filters do you think such a practice might have helped? Please remember to write at least 250 words on this topic. Introduction: Feasibility analysis for any project helps to analyze the project whether investing in it

Plato Vs Aristotle Determining Good - 1668 Words

Plato vs. Aristotle: Determining Good In this paper, I will present both Plato and Aristotle’s arguments for what their personal views are on determining good. Plato believed that knowing good was equal to doing good. He said that if a person knows the right thing that will automatically lead him to do the right thing. Aristotle on the other hand believed that knowing good was not enough to be good. He believed that one had to practice good if one is to be good. Plato was idealistic. He believed that every concept had an ideal of a universal form. Aristotle did not believe in universal form. He believes that every concept or object should be studied individually to be completely understood. When proving concepts, Plato thought that through reason and experiments, a concept can be proven. Aristotle wanted direct observation and experience to prove a concept. In this paper I will argue that Aristotle’s perspective on determining good is better and fits better in peoples a ctions within today’s society. Plato’s idealistic views on determining a good person represent his views of a utopia. Plato argues that there are three parts of the soul (441a). Plato addresses these three parts as the guardians, auxiliaries and producers. The guardians are the rulers. The auxiliaries are the military and the producers are the farmers, grassmen and craftsmen. The producers produce goods for the city. Within Plato’s ideal city are the four virtues, wisdom, bravery, sobriety and justice.Show MoreRelatedThe Relationship Between Humanity And The Divine1423 Words   |  6 Pagessince the creation of Adam- â€Å"What exactly is the real relationship and purpose of humanity towards the divine?† During the time of philosophers, such as Aristotle and Plato, â€Å"What exactly is the real relationship and purpose of humanity towards the divine?† was the question spreading among the philosophers. When questioned what God is, Aristotle stated in writing, â€Å"God is a supreme and eternal living being, so that to God belong life and continuous and eternal duration. For that is what God is.†Read MoreAristotle s Virtue Ethics And Aquino s Natural Law1639 Words   |  7 Pagesscience because it is not limited to the theoretical study of the good of human acts, but also seeks to apply this knowledge to human actions. Ethics is not studied to know what is good, but to do good. In this essay, we will explore the differences in argumentative work from Aristotle’s Virtue Ethics and Aquino’s Natural Law and the difficulty of applicability of the theory to contemporary issues and putting the theory into practice. Aristotle was born in Northern Greece in the year 384 BC. He moved toRead MoreAnalysis Of David Hume s Theory Of Justice2868 Words   |  12 Pagesthe centuries from Plato through Jean Jacques Rousseau. It is not the words of these philosophers that creates so much confusion, rather their application that begins to define ethics. Is there some common thread of thought that binds these philosophers together? Just what is property and who has ownership of property seems to be the point of contention. What is seen as ethical or morally right by one is not seen in the same way by another. As far back as Plato and Aristotle philosophers have offeredRead MorePlato and Confucius4610 Words   |  19 Pagesmany similarities between Confucius and Plato. Both taught through means of dialogue, and both expressed reticence to provide direct definitions. Both advocated contemplation and education as the means for moral attainment, and both sought to balance contemplation with service. Both sought to apply their moral theory to public office (though both failed). And while Plato espoused the ‘heavenly’ forms, Confucius espoused the ‘Decree of Heaven.’ Moreover, Plato advocated the life of the philosopher,Read MorePolitical Theory: Comparing Locke, Rousseau and Plato Essay3770 Words   |  16 Pagessoverign - life, liberty and property State of nature: men live according to reason and governed by reason - man exists in the state of nature in perfect freedom to do as they want, a state of perfect freedom - not necessarily good or bad, bit is calm and peaceful - men give up some of their freedom to secure the advantages of civilized socity - men have the right to protect their freedom (killing if necessary) - bound by the laws of nature - Read MoreThe Philosophy of Happiness11705 Words   |  47 PagesChapter 1 The Philosophy of Happiness Aristotle on Happiness Since the earliest days of Western thought philosophers have concerned themselves with the nature of happiness. One of the earliest to ask the question ‘what is happiness?’ was Aristotle, who, in a manner typical of philosophers, before providing an answer insisted on making a distinction between two different questions. His first question was what was meant by the word ‘happiness’—or rather, its ancient Greek equivalent eudaimonia. HisRead MoreMachiavelli vs Islamic Political Thought2559 Words   |  11 PagesMachiavelli vs Islamic Political Thought Niccolo Machiavelli was a political realist. He thought there were certain skills and characteristics needed to become a political ruler. In his work, The Prince, Machiavelli gives advice on how to be a successful prince, or ruler. Successful is partly based on how powerful a ruler was during his lifetime (reign), but largely based on how much the prince affected the lives, through laws or societal norms, of future generations. Machiavelli was mainly interestedRead MoreThe Theory Of Psychology And Psychology3461 Words   |  14 Pagesalong with improved understanding of individual differences, how decisions are made by people, the reason for the existence of a society, and even the reasons behind why people believe in a religion. Charles Darwin, the ‘Father of Evolution’, spent a good two decades working on his book, The Origin of Species, which contained his theory of evolution. It started in 1831 when he decided to join a five-year scientific expedition on the survey ship HMS Beagle. Darwin read Lyell’s ‘Principles of Geology’Read MoreSources of Ethics20199 Words   |  81 Pages48 Implications of Behavioural Genetics Research In Society: 50 How the genes influence behaviour and ethics: 52 2.3- PHILOSOPHICAL: 55 2.31- Contribution Of In Ethics By The Source Of Philosophical Systems: 55 2.32- Contribution of Aristotle: 57 2.33- Contributions By Other Important Philosophers: 58 2.34- Rights Theory: 64 2.35- Contribution By KANT: 65 2.36- Contribution By ROSS: 66 2.4- CULTURAL: 68 2.5- LEGAL SYSTEM: 71 2.6- CODES OF ETHICS: 74 2.61- CompanyRead More2074 Final Notes Essay6510 Words   |  27 Pagesï » ¿Amartya Sen-Does Business Ethics Make Sense? Adam Smith: we are motivated by self interest, and through the invisible hand comes free market competition. This naturally to social utility. / Butcher-brewer-baker quote demonstrates that the exchange of goods if for the benefit of both parties, without no ethics involved in the exchange. / Though competition, comes social harmony and utility. The market is a self correcting mechanism because it forces us to be truthful and honest, we should not scam people

Due diligence provenance of museums collections Free Essay Example, 2750 words

Background on MFA’s Research The main objective of the MFA’s research on the Nazi-era provenance is to show objects in the collection, which were taken or lost and never returned to their original owners. The Museum of Fine Arts’ collection consists of about 1, 600 European paintings and about 21, 00 works of sculpture and the decorative art. Since the start of 1998, there was a systematic review of the provenance of the identified collection, which has been ongoing. The review had the goal to identify objects, which may have been seized or sold improperly during the Nazi era. The works of art that were acquired by the museum before the year 1933, and those created after 1945 have been eliminated from consideration (Cochrane, 2007). Almost half of the European paintings have several histories of ownership that precluded their transfer in Europe during the era. Many people were included in those families that lived in Boston in the late 19th century, and they came directly to the MFA from those families. However, there are other paintings that have histories of ownership, but they contain little information or have gaps in the years 1933-1945.We will write a custom essay sample on Due diligence: provenance of museums collections or any topic specifically for you Only $17.96 $11.86/pageorder now That is why these objects are subject to further research by the museum. On the other end, the intensive research on the sculpture and decorative arts collection was started in the year 2004. Currently, the online records are still undergoing further research, and if new information is acquired, they may be added to the online collections of the databases. Challenges with Provenance and Due diligence There are several reasons as to why the gaps in provenance exist. These reasons range from the past owner’s desire for anonymity towards the absence of records used during the transactions. However, it is probably very hard to resolve the provenance gaps that happen in the period in question due to loss of records. Despite the fact that most objects with gaps never have problematic pasts, there are several methodologies being put in to consideration to identify more information about them. From the list of works, the objects have been identified and recognized by the MFA as the priorities of the research. A change of hands in Europe was done between 1933 and 1945. Additionally, they are related with the individuals who experienced the feeling of property loss as a result of the Nazi persecution. Each single object has been subjected to careful examination by the curators, and, however, still has unresolved issues regarding the history of the property (Yeide, et al. , 2001).

The Civilians Of Ancient Greece - 851 Words

World History C375 Task 2 Serra Bauman 000505328 Part A The civilians of Ancient Greece had to be resourceful. Most civilizations had rivers to channel, irrigate, and predict. Ancient Greece is a series of islands. This means that the people of Ancient Greece had to learn to live on the ocean. They had to deal with being more vulnerable to land attacks as they were used to battling with ships. And they also had to deal with huge ocean storms. These storms could destroy a new society with no notice. (Acrobatic, 2014) There were good things about being a seafaring civilization. As the Ancient Greeks migrated to the coast of the Mediterranean, and Black Seas, they were able to put all of their energy into maritime trade, eventually making them dominant of the busiest waterway in the ancient world. (Acrobatic, 2014) Persian people, or â€Å"people of Arya†, settled south of Iran in the plains of Pars. These plains were very fertile. This fertility allowed the Persian’s to grow and expand on sea and land. (Acrobatic, 2014) Part B In Greece, a democratic society was created. This society thought highly of citizen participation, and the unending search of the ultimate philosophical truths. Being responsible as a group was far more important than individual rights, or freedom. This created an open society that was free to open expression and questioning authority. (Acrobatic, 2014) The â€Å"love of wisdom†, or study of philosophy was possible in the open society of Greece.Show MoreRelated Exploring The Four Ancient Civilizations- Mesopotamia, Egypt, Greece and Israel1009 Words   |  5 PagesBefore the beginning of history, people from across the land gradually developed numerous cultures, each unique in some ways while the same time having features in common. Mesopotamia, Egypt, Greece and Israel are all important to the history of the world because of religious, social, political and economic development. In the first civilization, both Mesopotamia and Egypt relied on a hunter-gatherer economic system, during that time, every country in the world strived on it. MesopotamiaRead MoreThe Golden Ages : Greece, Rome, and China Essay1360 Words   |  6 PagesGolden Ages : Greece, Rome, and China The Golden Ages of Greece, Rome, and China were periods when certain cultures reached many achievements in certain fields. These fields could include drama, poetry, sculpture, philosophy, architecture, math or science. Their achievements in education, technology, and government have greatly influenced modern society. The artistic and literal legacies of these periods continue to instruct and inspire people today (Beck 120). In Ancient Greece, the great heightsRead MoreGreece s Impact On The World1335 Words   |  6 Pagesand comparing the ancient civilizations of Rome and Greece to today, the root of our knowledge is greatly influenced on the minds who have lived at that time. Some may ask which civilization had the most impact on United States and the world? Many would say that the Romans had the most impact on United States and the world and some may contradict and say Greece had the most influence. However, Greece influenced the world and the United States the most in tremendous ways. Greece gave the United StatesRead MoreClassical Civilizations of Ancient Greece, Rome, and China Essay897 Words   |  4 Pagescivilizations of Greece, Rome, and China have done this, but what sets them apart from the others is their lasting significance and lasting impact they had on the world. For this reason, they are considered classical civilizations. To describe how Greece, Rome, and Han China are classical, th ere are three systems that are used; these are Economic, Social, and Political. Out of these three classical civilizations, Greece came first in history. An important invention of Greece was its plumbingRead MoreWomen Were Not Recognized As Citizens1344 Words   |  6 PagesWomen were not recognized as citizens in Ancient Greece. During the â€Å"Golden Age†, women had no rights to entitlement as a results, women were only viewed to only applaud men without questioning, these perspectives resulted in the absolute faith and admiration in what a male was considered to be a god-like- figure. In the ancient Greek play, â€Å"Antigone† written by Sophocles, Antigone, Daughter of Oedipus, was able to oppose what men have a set notation of what and how the â€Å"ideal† woman should conductRead MoreThe Roman Empire1551 Words   |  7 Pagessociety. Word Count: 106 Step 3: OPVL The origin of this source is a book written by Peter Connolly in 1998 at Oxford University. This is a book about life in ancient Greece and Rome. It was written to inform others about ancient Greece and Rome. This is a credible source because of how Peter Connolly is a historian that focused on Ancient Greece and Rome. One limitation this author had when writing this book was that it was a secondary source. Another limitation is it was written in 1998 when we couldRead MoreImpact Of Ancient China898 Words   |  4 Pages History ISU: Ancient China Ancient China brought forth a myriad of advancements and contributions to society, the impact of which can still be felt to this day. The inventions of paper and gunpowder, two widely used pieces of ancient technology, have been adapted in the modern day to better suit the needs of the contemporary man. On top of this, the aptly named Great Wall of China has helped to advance the fields of architecture and engineeringRead MoreHeroic Traits Of Jacqueline Cochran795 Words   |  4 PagesIn ancient Greek mythology there were gods and goddesses, heroes to their people. Today there are just hero’s, that people of the modern world thank and look up to for their inspirational acts. Just like the Gods and Goddesses, hero’s today are known to show strength, wisdom, bravery, and many other heroic characters. Jacqueline Cochran showed her heroic attributes when she came into WWII looking for a way for women to make a difference and fight in the war. Jaqueline founded WASP, Women AirforceRead MoreThe Importance Of Owning Property With Great Historic And Economic Value2230 Words   |  9 Pagestemple to contemplate the talent of past generations. In present times, we have Greece, which claims that the Elgin Marbles should be repatriated; on the other hand we have Britain, which currently possesses the Elgin Marbles displayed in the British Museum. The British Museum acquired these sculptures thanks to Lord Elgin, a British ambassador to the Ottoman Empire. Lord Elgin was passionate about the ancient Greek art. Between â€Å"1801-1805 he removed about half of the remaining sculptures backRead MoreMilitary Contributions During World War II On The American Homefront1347 Words   |  6 PagesCivilian Contributions During World War II on the American Homefront From the earliest times, war has existed as a painful reality. Stories are passed down from generation to generation about brave men fighting epic battles in ancient civilizations. Occasionally a different type of legend emerges: the homefront hero. Leaders in Ancient Greece and Rome are documented preventing panic and raising supplies for their distant armies. From then on through history, those left behind, from the leaders of

Types Of Communication Of Starbucks Baristas Essay

Various Types of Communication of Starbucks Baristas A discourse community is a group of people who share common interests and have their own unique communication system. Communication is crucial in defining the discourse community. For example, outsiders may not understand a conversation between two professional doctors or engineers because their conversation might contain too much unique terminology. Researching the communication of discourse communities can help us have a better understanding of the discourse community- who they are, and what they care about. The â€Å"Starbucks language† nicely reflects the mission and belief of the company and therefore gives the company soul. Since founded in 1971, Starbucks and its baristas have been dedicating to provide legendary services to its customers. Now Starbucks become the biggest chain coffee company in the world with more than 21 thousand stores around the world and millions of loyal fans. â€Å"Starbucks language† can somehow explain why Starbucks is so attractive to p eople. At Starbucks, Grande latte is probably one of the most frequent terms people hear. But few of them realize that these two words are â€Å"Starbucks language† meaning coffee with milk created by Howard Schultz, CEO of Starbucks, in 1985. Howard Schultz explained: â€Å"Starbucks created the language for its baristas and customers because when Terminology became general expression, the brand established.† (2:30) Starbucks baristas replaced small cup with tall cup, andShow MoreRelatedThe Channels Of Starbucks Coffee Company1332 Words   |  6 PagesThe channels of communication are constantly evolving due to technological advancements, from snail mail, to email, and now the ability to have virtual meetings with streaming videos that allow all participants to view what’s happening irrespective of location. Organizations now have to adapt their communication, especially in the realm of small groups, Starbucks Coffee Company is no exception. Starbucks operates with many different types of small groups, on a higher corporate level there are theRead MoreMGT330 Case Study Starbucks Structure w1237 Words   |  5 Pagesï » ¿ Case Study: Starbucks’ Structure Cynthia Duff MGT330: Management for Organizations Instructor: James Worsley October 13, 2014 Case Study: Starbucks’ Structure Starbucks Coffee, we all know the name and most love the coffee and atmosphere it brings to our daily lives. Starbucks started out like most organizations a small coffee shop in 1971 in Seattle’s historic Pike Place Market and grew. This small shop started out as a single owner who the employees answered to which is known as departmentalizationRead MoreCase study: Starbucks Coffee1416 Words   |  6 Pagescompetitive strategies which is Starbucks using is differentiation strategy. Following a differentiation strategy, Starbucks seeks to offer unique products that are widely valued by customers. The speed with which Starbucks had managed its ascent was almost as remarkable as the changes it had formed in traditional conceptions of brand marketing. At a time of rising perceptions of correspondence across most product and service categories throughout the developed world, Starbucks had managed to take one ofRead MoreStarbucks - Culture Audit. As Starbucks Competes In The1490 Wo rds   |  6 PagesStarbucks - Culture Audit As Starbucks competes in the coffee shop industry, they need to be aware of a few factors that affect their operating environment. These factors consist of Trump’s Import Tax Laws, JAB, and New Emerging Technology. Trump is planning to sign a law to decrease tax deductions on imports, which would make importing more expensive. One of Starbuck’s biggest raw material consumption is coffee beans, which are imported from countries like Brazil, Colombia, Costa Rica, El SalvadorRead MoreOrganizational Behavior, Terms, and Concepts997 Words   |  4 Pagesof shared ideas, views, actions, and beliefs (Schermerhorn, Hunt, Osborn, Chapter  1 16,  2008). Additionally, having a diverse group of talent, helps in breaking down any cultural barriers, which may occur. Finally, having a clear line of communication, assists in people’s understanding. Thus, supports the developing of relationships, within the business. Sequentially, these practices will guide the firm and its members in successful future endeavors. The observable aspects of these topicsRead MoreDepartmentalization Works for Starbucks2075 Words   |  8 Pages1. Starbucks structuring uses functional, geographical, process departmentalisations. Functional departmentalization achieves grouping jobs by functions preformed. Starbucks has senior vice presidents of coffee, social responsibilities, finance ect. Functional structure develops a lean corporate structure because they bring efficiency through similar specialties, common skill, knowledge, and coordination. Geographical departmentalization is grouping jobs based on territory and geography. StarbucksRead MoreA Report on Hr Policies of Starbucks7223 Words   |  29 PagesA Report on HR Policies Of Starbucks Contents Introduction 2 Mission Statement 2 Human Resource Management 2 Workforce Planning 2 Hiring Process 2 Interviews 2 Job Descriptions 2 Compensation System 2 Benefits 2 Employee Motivation 2 Training 2 Workplace Health, Safety amp; Security 2 Promotional Opportunities 2 Employee Evaluation/Appraisal 2 Social Activities for Employees 2 Grievance Mechanism 2 Recommendations 2 ReferencesRead MoreStarbucks Case Study 31195 Words   |  5 PagesStarbucks case study 3 Q1. What type of departmentalization are being used? Explain your choices. Ans. Types of departmentalization being used are : a. Retail Expert b. Administrative c. Manufacturing d. Sales amp; Marketing Q2. Do you think it’s a good idea to have a president for the US division and for the international divisions? What are the advantages of such an arrangement? Disadvantages? Ans. Yes, it will be good idea to have a president for US division and internationalRead MoreEssay on Job Roles and Responsibilities at Starbucks3223 Words   |  13 PagesJob roles responsibilities at Starbucks This is to make sure that specific members of staff are aware of and understand their job roles and what responsibilities they have to take on. For a Manager at Starbucks: Managers are there to bring out the very best in employees, maximising their potential. A manager should be an exemplary role model. It is a manager’s job, in any organisation or business, to understand each of their staff member’s strengths and weaknesses. It is very important forRead MoreEssay on management2529 Words   |  11 Pagesï » ¿Chapter 10 1. Make a list of Starbucks’ goals. Describe what type of goal each is. Then, describe how that stated goal might affect how the following employees do their jobs: Open 1200 new stores. Revenue growth of 10 to 13 percent. Earnings per share growth of 15 to 20 percent Develop new coffee products Stay true to its global social responsibilities a) A part-time store employee, a barista in Omaha A part time Barista has to contribute to keeping the quality and value of the drinks

Financial Management Principles and Applications Method

Question: Discuss about the Financial Management for Principles and ApplicationsMethod. Answer: Introduction: Project A has been recommended because of the higher Equivalent as compared with Project B, which determines the annual yield for the same NPV of the project, having life disparity (Petty et al, 2011, p. 424). The four major risks associated with the Project A, as listed by Energy Efficiency Exchange, are mentioned below: Financial Risk: Since, Project A is capital intensive, requiring huge investment initially; the risk is that whether the huge amounts of fund for machinery will be available. Also, in case of break-down of machine, whether the necessary repair and maintenance can be provided at an appropriate cost. Strategic Risk: It has to be seen that the funds made available for the Project A will be properly invested in acquiring the equipments or not, for accomplishment of organizational goals because the most planned things can also run into trouble (Watt, 2014). Operational or Breakdown Risk: Project requires various machineries to commence its operations and therefore, can suffer temporary breakdown due to some technical problem. Therefore, this may hamper the production and generating an operational risk. Operational Safety Risk: It refers to the risk whether people working on Project A are not harmed or exposed to any type of conditions, that can lead to hazards (Health and Safety Authority, 2017). As per Fama (1970), a market is said to be efficient which truly and fully reflects the available information in the price of a security. The primary motive of an investor while investing funds in a security is to be able to view the activities that are taking place in the firm, whose securities are being invested in. Therefore, there lies a need to have a market where each and every decision is being reflected in the price of the security in the real time so as to enable the investors to take an informed decision. Efficient Market Hypotheses is a principle that makes sure that the information received by the market is correctly showcased in the pricing of security in a timely manner, so that there lays no undervalued or overvalued stocks. The principle works on the assumption that every stock price is equal to its respective intrinsic value. The valuation of stock is directly linked with the investments that a company gets. At first, the value of security is determined by discounting the cash flows that an organization is expected to generate in near future. However, as the organization expands, there are various decisions being taken that can have effect on the stock prices and thereby, efficient mechanism came into force, whereby, every aspect can be seen in the analysed with fluctuation in price of security. According to the Australian Securities and Investment Commission, credit is being offered to individual, who are in a capacity to repay the same. By the virtue of law, credit providers have the right to make enquiries about the organization and see to it, if the company is not indulging in a project that is non-profitable or that can affect a companys financial position. The best way to identify the credit-worthiness of the company is to take a look at its security price that is being prevailing in the market, which is a result of efficient market. Willingness and the ability to repay a loan have been considered as the two prominent factors while giving a loan (Chapman, 1940, p. 109). Similarly, an investor will invest his money in a firm, when it expects that his money is safe and will surely get a return, living up to his expectations. The returns are only possible when the company takes up a profitable opportunity and en-cash the rewards in optimum manner. Accordingly, the share prices will grow and more and more investors will be attracted to invest in the company and as a result, funds are gathered by the company for its operations. Therefore, it can be said that Equators ability to borrow funds in a capital market which is highly efficient is quite relevant. The project that it chooses will have an impact on the price of its security and thereby, can improve or decrease its ability to get funds from investors as well as other financial institutions in the market. As soon as Equator chooses Project A over Project B, it is expected to increase cash flows in the near future, thus, improving the stock price of the company. Hence, it is evident that each and every step of Equator has a direct effect on its ability to borrow funds from the market. References Averkamp, Harold. "What Is A Non-Discount Method In Capital Budgeting?". N.p., 2004. Web. 6 Jan. 2017. "Borrowing Money | ASIC - Australian Securities And Investments Commission".Asic.gov.au. N.p., 2016. Web. 6 Jan. 2017. "Capital Intensive".Investopedia. N.p., 2017. Web. 6 Jan. 2017. "Capital Market Efficiency - Complete Guide To Corporate Finance | Investopedia".Investopedia. N.p., 2017. Web. 6 Jan. 2017. Chapman, John M. "Factors Affecting Credit Risk In Personal Lending". N.p., 1940. Web. 6 Jan. 2017. "Efficient Capital Market - Complete Guide".World Finance. N.p., 2016. Web. 6 Jan. 2017. Fama, Eugene F. "Efficient Capital Markets: A Review Of Theory And Empirical Work".The Journal of Finance25.2 (1970): 383. Web. 6 Jan. 2017. "Hazards And Risk - Health And Safety Authority".Hsa.ie. N.p., 2017. Web. 6 Jan. 2017. "Identify Project Risks And Develop Strategies To Manage Them | Energy Efficiency Exchange".Eex.gov.au. N.p., 2017. Web. 6 Jan. 2017. Jan, Obaidullah. "NPV And Inflation | Methods | Calculation | Example".Accountingexplained.com. N.p., 2011. Web. 6 Jan. 2017. Petty, J William et al.Financial Management: Principles And Applications. 1st ed. Pearson Higher Education AU. Copyright., 2011. Print. Staff, Investopedia. "What Is An Efficient Market And How Does It Affect Individual Investors?".Investopedia. N.p., 2017. Web. 6 Jan. 2017. Watt, Adrienne. "16. Risk Management Planning | Project Management".Opentextbc.ca. Web. 6 Jan. 2017.

Public Service Paradoxes - Processes - and Problems

Question: Discuss about the Public Service for Paradoxes, Processes, and Problems. Answer: Introduction: Wilson brother limited is a Canada based company, founded by the Wilson brothers, Bob and John Wilson. The company had started in the year 1960. The company has been focusing of preparing different food products from the Canadian market. The head office of the organization is situated in Brandon, Manitoba with an overall 220 employees working under the firm. Initially the organization has been operated by the brothers in six operating plants. This had provided them with initial sales revenue of $300,000. In the year 2000, the company has expanded its plants and raised their revenue up to a certain level. The company has expanded its business to United States and Europe market and has exported its products to countries like Japan and china. The organization follows Webers bureaucratic model where the structure of the firm involves the hierarchical structure of the firm with formal rules and procedures, which governs the organization and its members (Mondy Martocchio, 2016). The organization has great exponential growth due to its hardworking employees and managers. It provides attractive employment opportunity for the Canadian executives. Long with great skills of salesperson, the company has also been a cultural sensitive organization. The two brothers only took the strategic decisions for the organization. From the vice presidential level down, all operational choices made were in support of the implementation of the plans developed by the brothers. Most of Wilson Brothers Canadian operations are non-unionized, and for competitive reasons the brothers tend to prefer it that way. They have always felt that any issues with an employee could and should be dealt with directly, on a one-to-one basis. The organization had formed its own trucking firm, Able Distribution Limited, a wholly owned subsidiary of Wilson Brothers Limited. In this way, they were able to guarantee on-time deliveries to customers. More than 70% of the demand for the trucking firm came directly from food business deliveries, independently operated out of Truro, Nova Scotia. Job Design Being employed as the director of human resources for the Canadian operations, it is quite vital for me to analyse and coordinate the operations of the organization carried out in the country. It is quite important to frame various policies strategically in the organization, which would thereby help in promoting the employee conditions of the firm (Mathis, et al., 2016). I would be working under Ron Abrams, Vice President of Operations, Canada. I would work from the corporate offices in Brandon. There are various problems, which one needs to address while being the human resource director. The most vital problems are related to employment motivational and engagement. Various strategically framed provisions must be granted with adherence to employees welfare, which would help in instigating better quality of work provided along with organization loyalty (Hendry, 2012). The drivers that could be used to raise the engagement and motivation of the employees towards the organization are attachment to the job, agreeableness, emotional stability, openness to experience, achievement orientation and self-efficacy. These drivers would help in boosting the engagement of the employees by providing best quality of work. A solid job description with a clear set of performance objectives must be stated to each employee of the organization. An alignment with the strategies framed must be build, which requires a good system of communication in the organization (Bennett Ho, 2014). The firm must keep a clear sense of direction by keeping the employees well informed regarding the where about of the company. A rewarding system must be generated within the organization that would help in praising the hard work implemented by the employees within the firm. This would help in building a balance between the personal goals of the employee and the objectives of the firm (B ratton Gold, 2012). A better work environment would motivate the employees to be engaged to the organization and raise their loyalty towards the firm. It would even help in reducing the employee turnover rate for the organization. Decision Making Only the brothers, Bob and John made strategic decisions within the organization. From the Vice Presidential level down, all operational choices made were in support of the implementation of the plans developed by the brothers. The decisions that were undertaken in the organization were flexible in nature. The company could take the decisions with ease that motivated the employees to work with greater quality for the association. The organization could be listed as a sole proprietor company, where the owners of the firm take all the major decisions. This form of business organization has various merits and demerits. The merits could be listed as the Wilson brothers would have better control over the other staff members of the organization, and would be able to enjoy greater amount of profits. Yet, along with the merits, the demerits are that, the liability of the organization is only on the proprietors of the firm (Storey, 2014). This causes the lack of withstanding the hindrances in business. In order to overcome such hurdles, Wilson brothers must set strategic alliances with other companies that would act as a strengthening tool for the company. It would raise the sales of the organization and raise their market share. Equity Within the organization, the managers are hired at a starting salary that has been primarily based on their ability to negotiate their own salary rather than on a specific salary range criteria. There is no fixed policies or plans that would help in achieving employment equity or pay scale equity within the organization. This creates a hindrance towards the employee engagement of the organization. Employment equity is an important aspect of an organization. It aims at ensuring that none of the employees in the organization are denied of opportunity or employment or appraisals within the firm (Armstrong Taylor, 2014). This helps in removing the differences among the employees of the organization. In order to achieve the advancement in maintaining the equity within the organization, a new set of policies must be implemented, that would maintain a salary range for the posts of the employees. There must be a system generated with respect to rewards and appraisals that would help the employees to be motivated towards their work. It is an important aspect for the organization to maintain such policies as that would help in generating better quality of products to be delivered on behalf of the firm. Organizational Culture Wilson brothers limited tend to have great cultural sensitivity within the organization. They appoint a local representative as a CEO of the operational branch of the company n the countries where they have expanded the business. The organization has an attractive employment opportunity for the executives, managers, and other plant personnel due to its Canadian roots, culture and success. Yet, the company faces significant issues regarding the recruitment of people in Vancouver. The cost of living at such places is quite high that exceeds the real income. Corporate culture is considered as one of the most important tools to be pertained within an organization. It aims at bringing success to the organization by fitting the cultures within the firm in a proper way. This would help in implementing the work process with ease. By acknowledging the culture within the organization, the main aim of the organization would aim at enhancing the productivity of the firm (Marler Fisher, 2013). The leaders or the senior managers must create the cultures within the organization. Being the human resource director, the duties and responsibilities within the organization must be maintained well that would help in increasing the ability of the organization to build the gap between hr activities and cultural awareness within the organization. Organizational Change Under the Wilson Brother Limited, the organization has started their own distribution system known as Able Distribution Limited. In this way, they were able to guarantee on-time deliveries to customers. More than 70% of the demand for the trucking firm came directly from food business deliveries, independently operated out of Truro, Nova Scotia. However, the global cost increases in petroleum products have been significant; and because of the need to keep product prices low, transportation cost is a major area of concern for the Company. With the new transition implemented by the organization to develop their own distribution channel, it is quite important for the firm to frame such policies that would analyse the plans to be prepared and implemented by the organization. The organization needs to implement cost effective strategies that would help in undermining the transportation cost of the organization. Work Groups/Teams Most of Wilson Brothers Canadian operations are non-unionized, and for competitive reasons the brothers tend to prefer it that way. They have always felt that any issues with an employee could and should be dealt with directly, on a one-to-one basis. The brothers believe they need to operate with flexibility in order to make quick strategic decisions, develop new product ideas, and take them to launch as quickly as they do. The work teams within the firm carry out the orders of the secondary and the head managers of the firm, that are regulated by the owners of the organization. . The brothers attend two noteworthy team meetings. The first team, which includes the CEOs from all of the European and Asian subsidiaries, meets once every three months at the corporate office in Brandon. The purpose of this team meeting is to discuss and improve profit results. The brothers also meet once a month with a second team -- the senior executive team in Canada, which includes the VP Sales-Retail, VP Sales-Food Service, Executive VP Marketing, VP Engineering, VP Finance and VP Operations. No other formal team meetings are held in the company. There are groups that meet on an ad-hoc basis to manage new product implementation; these employees come from Sales, Marketing, Finance and Operations. In order to impose the stability of the work team the organization must improve the labour agreements to be generated within the organization. This agreement would add a level of structure to the firm and enable time consuming protocol thereby creating less flexibility of operational environment. Human Resource Director must see that the labour relations are encompassed an adhering to all the aspects of the employment relationship within the employer and the employees (Berman, et al., 2015). This would maintain the non-unionization of the organization, thereby enabling the organization to function smoothly in the business filed. The work teams or groups with discontentment within the organization would rather create lack in the growth of the firm. Conflict One of the major conflicts that has been perceived within the organization is that the employees of the organization are not subjected to any consistent policies on their relation issues. This employee policy has been quite conflicting in nature as the employees can be terminated at any level of employment if they fall out of the favour with the owners of the firms. This has reduced the job security of the employees that thereby subjects them to a risk related to job guarantee. This would create a positive effect on the employee turnover rate of the organization. There have been no current implementations of any plans or policies to bring the situation under control. it is quite vital for the organization to undertake some beneficial policy implementation steps that would help in controlling this conflict within the organization. This conflict would harm the productivity of the firm as the productivity is positively related to the employees of the firm. According to the human resource policies, the employee engagement could be done by generating specific confirmation employment policies (Truss, Mankin Kelliher, 2012). This confirmation policy would subject the employee to a period of training and under surveillance, and based on the performance, they must grant a certificate of confirmation to the related individual. This would help them in assessing the guarantee in relation to their job within the organization; hence, they would not search for anther jobs in related field and maintain a low employment turnover rate. Leadership Style The leadership style that has been within the organization is hierarchical in nature. The major leaders are the owners of the firm, who take the major decisions regarding the implementation of the strategies in the organization. The managers of the organization carry out the orders of the owners. This form of leadership has both merits and demerits. The merits could be stated as the hassle free implementation of decision undertaken by a handful of members (Jiang, et al., 2012). The demerits related to such a leadership is that, the risks that are borne by the owners do not reach the employees, hence, they would not undetermined by the current situation that the firm is being through. It is an important responsibility of the Human Resource Director to maintain the issues prevailing in the leadership trait of the organization. Such organization must maintain a specific form of efficient leadership in the organization that must be supported by a good communication system (Brewster, Mayrhofer Morley, 2016). This would ensure that all the members related to the organization are acknowledging the current situation of the firm. Power, Influence and Motivation In order to maintain the efficiency within Wilson brothers limited, the organization must develop a powerful and influential effect on the employees. This would help in motivation them and engaging them towards the organization. Employment engagement is quite vital for the firm, as it would help in maintaining the efficacies of the firm. Employee engagement generation should be a key aspect for the HR director (Purce, 2014). The policies must be implemented in such a manner that would help in incorporating better management of the firm. The leaders of the firm must be influential enough that would instigate a sense of motivation among the employees. The firm along with job guarantee to the employees must generate reward programs. The appraisals to be generated by the organization must be based on performance of the employees that would instigate a motivational aspect for the employees of the firm (Kramar, 2014). Better-implemented ideas would leave a positive impact on the productivi ty of the organization. Reference Armstrong, M., Taylor, S. (2014).Armstrong's handbook of human resource management practice. Kogan Page Publishers. 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