Contribution Case Studies Samples For Students

1. Explain the main differences between absorption and contribution income statements. Will net income always be the same under the two approaches? If not, explain the difference.

An absorption costing income statement is created for stakeholders apart from the company’s own employees and internal management. This method ensures that all overhead costs are included in the inventory of the company. In other words, all costs that are directly linked to manufacturing including; labor and material are added to the inventory. Consequently, the cost of manufacturing is transferred from the inventory costs to ...

Ronald performance remained constant for the two periods. According to the absorption costing income statement the net income increased as shown in the excel spreadsheet. The net profit increased from $438,000 in the first quarter to $475,000 in the second quarter. This shows an 8.45% increase in net income as shown in the excel sheet. However, according to contribution margin income statement; the net income remained the same in both quarters. The profit levels for both periods remained at $250,000.The increase in profits in the second quarter under absorption income statement can be explained by changes ...

Problem statement

Foxy is considering whether to continue using trade shows or venture into online sales to distribute their collection. Trade Shows provide Foxy with a chance of meeting retailers who would be willing to add Foxy collections to their merchandise. Foxy attends Trade Shows targeting retailers dealing in Women’s fashion accessories and giftware boutiques. The Trade Show strategy is however, time consuming and Ger and Chemel spend about 50% of their working time travelling. Now that they are married, Ger and Chemel feel that they will not be able to devote adequate time to attending trade shows.

Recommendations

The alternative ...

Q1 (a) Cash Flow Statement for the period 1 Jan 2015 to 31 December 2015

The missing/modified figures (as shown in yellow in the cash flow statement) are calculated as follows:
Employment income,
Keaton,
Given,
Gross Salary and Bonus= $120,000.00

Alyssa,

Given total salary and bonus=$64,800

Half paid in Aus and half in Singapore,

Thus her Salary and bonus paid in Singapore=$32,400

Employer’s CPF contribution,

Keaton- 37 % of 120,000=$44400
Alyssa- 20% of $32,400=$6480

Dividend and rental income

Dividend – Keaton-No dividend in 2015
Alyssa, $689 in 2015
Rental income
Keaton and Alyssa combined rental income for property in Singapore registered under joint tenancy agreement is $3,050 per month or $36600 for the year.

The portion of CPF and cash used for the housing installment is as mentioned below.

Total housing installment =$4099

Keaton:

Total monthly income=$10, ...

Question One

Question Two
Question Three

Possible cause for the discrepancy
As the notes states, the average gross profit does not consider expiration and spoilage, theft, unrecorded sales and incidental suppliers. Therefore, this creates differences in the value with contribution margin since these factors are considered when the average contribution margin is computed. In order to improve on the contribution, the shop will need to lower the variable costs. In this case, the variable costs are costs of goods sold. As such, this means that the firm will need to seek suppliers that are offering discounts and utilise inventory ...

The director of a large regional reference laboratory was reviewing the service’s performance over the past year. The laboratory had gross revenues of $3,500,000. Some of the business was to managed care plans and to large-volume users that resulted in a discount of $350,000, which was $25,000 more than anticipated due to intense competition. The cost of providing the lab testing was $1,400,500, which was $250,000 higher than expected. Direct costs for salaries was $870,000. What was the product mix variance experienced by the laboratory service? What was the price variance?Laboratory business ...

- Is Steve's un-reimbursed commuting expenses an allowable deduction on his personal tax return if he is assigned to be a volunteer usher for the Church's Saturday or Sunday services?
If Steve is assigned to be a volunteer in the church on both Saturdays and Sundays, his tax position regarding the un-reimbursed commuter expenses can be explained as follows:
According to code 162(a), the un-reimbursed commuter expenses remain unallowable for tax purposes because of the following reasons: Such expenses are not incurred for a profit gain. Steve is not in any profitable business so as to be able to claim ...

This paper is committed to determining the optimal plan of product of two shelves types, S and LX. It highlights which combination of shelves to allocate optimally the capacity available to help the organization maximize its total profits. Besides, it undertakes to carry out sensitivity analysis to help in understanding how total profits changes as selected inputs are changed, that is, the selling price and the material cost.

Executive summary

This paper is concerned with the determination of the optimal decision variables, that is, the number of production units for every shelve model that helps the company maximize its profits and ...

WTTC’s Blueprint

World travel and Tourism Council is the organization of international significance with the overall aim to bring forward knowledge innovation and outline the critical role of tourism as the driver of national and international economic affairs. Comprised of the top management partners from various international companies within the top 100, the organization built on the sustainable internal capacity and experience, able to deliver the important mission of raising the awareness of the population about the impact of tourism and travel activities on generating global wealth and wellbeing (WTTC, 2016). The WTTC's Blueprint for New Tourism was announced in 2003 ...

Lille Tissage S.A.

One of the largest companies in the French textile industry is Lille Tissages, S.A. It is located in Lille, France. It produces different textiles and produces item 345 using equipment that cannot be used for any other item. In 2002, the company decided to raise prices to finance future expansion. LT is a profitable and financially healthy company and management believes that it could make the necessary changes in terms of price to affect its long-term goals.

LT enjoyed a 35% market share from 1998 to 2001. In 2002, its market share dropped to 30% and in 2003 it dropped to ...

Statement of the Problem

1. Destin Bras Products Co. (Destin) founded by Steve Abbott, John Scott and Roland Guidry and is a local success story in Destin, Florida and is in the business of producing valves, pumps and flow controllers.
2. Destin is facing stiff competition. Currently Destin’s revenues come from valves (24%) earning the company a 35% gross margin, pumps (55%) which has been observed to be weakening to a gross margin of only 22% and flow controllers (21%) even after increasing prices by 12.5% have not been attacked by competitors. With no technical patents or other advantages, Destin has no idea how ...

Management Accounting

Step 1:
Question 1:
The total variable cost for the company comprises of manufacturing costs and sales and administrative cost. Accounting both, the total variable costs for the firm was calculated at $10 per unit

Question 2:

The total production costs for any organization is bifurcated as fixed costs and variable costs. Important to note, while the variable costs and output carry a direct and proportional relationship, fixed cost is not related to output level and remains constant throughout. In other words, while the variable costs increase in proportion to the increase in output level, fixed cost does not change and ...

Question 1

Given the chance to change the 401k pension plans, I would do the following three things.
- Delink the contribution from employers i.e. commoditize it. This means opening the plan to anyone willing whether one is under formal employment or not.
- Define the contributions such that one cannot withdraw the money for any other purpose other than after retirement.
- Open up the amount one can save any given moment

How would theses suggestions work to improve the current state of 401k?

The first one separates employers from the 401k contribution by ensuring that it is open to more people. Such would ensure that more people would ...

This paper is devoted to determining the optimal plan of product of two shelves types, S and LX. It highlights which combination of shelves will allocate optimally the capacity available to help the organization maximize its total profits. Besides, it undertakes to carry out sensitivity analysis to help in understanding how total profits changes as selected inputs are changed, that is, the selling price and the material cost.

Executive summary

The problem of Shelby Shelving revolves around to determining the optimal plan of product of two shelves types, S and LX. It highlights which combination of shelves will allocate optimally the ...

Solving Medicare crisis

Medicare a communal insurance program offers health insurance coverage to people aged 65 years and above, people who meet a special criterion, permanently disabled people and individuals who have a congenital physical disability. The United States government administers the Medicare program. Medicare covers over to 40 million elderly and disabled people. Over the past few decades the program has helped, the program has helped countless retirees and disabled people stay health thus saving countless lives. This paper provides an in-depth discussion about the crisis facing the Medicare health insurance program.

“Is Medicare in a state of crisis?”

Over the last few decades, the Medicare health insurance program has been ...

Problem Statement

The objective of this paper is to present a report on the marketing questions raised by the founder of Celtic Chocolate Company Limited. Mr. Ronald Begg founded Celtic Chocolate Company Limited under which he engineered a new product called Milk Mate. The new product is basically a milk modifier. Milk Mate was introduced into a market largely controlled by large companies, such as Nestle with a market share of 50%, Hersey with a market share of 20%, Cadbury at 10%, and the remaining 20% shared by other smaller players in the region.

Generation of Alternatives

The introduction of the new product into ...

The current paper examines the issues of strategic management accounting including stages of strategic management process, the roles of management accounting, concept of opportunity costs, concept of relevant and irrelevant costs, cost classification and practical application of breakeven analysis. Besides, it contains examples illustrating some of the above listed concepts. The claims are supported with relevant arguments; the examples reflect the issues associated with running business in contemporary market environment. Each task is divided into sections related to different parts of each question. Each part of the question contains appropriate conclusions.

Main Stages of Strategic Management Process

According to ...

Differences between managerial accounting and financial accounting

Financial accounting is mandatory since some external parties like tax authorities’ creditors and shareholders’ require such periodic statements, while managerial accounting, is not mandatory. Managerial accounting reports are prepared for use by managers while financial accounting reports are made for external parties. The former must be prepared according to the GAAP standards, while in managerial accounting some provisions are ignored. Though the two procedures use the same data, the relevance is different; financial accounting data are verifiable and objective and used when to solve situations at hand (Tulsian, 2002). On the other hand, managerial accounting data is flexible and ...

Insurable interest

Jeff had an insurable interest in the building at the time of the loss. Jeff owns the building and stores its inventory as well as operating a restaurant in the building. When fire destroyed the building, Jeff suffers a financial loss including the loss of revenue from the restaurant business. Therefore, he has an insurable interest in the building.
Richard does not have an insurable interest in the building at the time of the loss. A person can only have an insurable interest in a property if the loss or damage to the property results in a financial loss ...

Issues Between Store Norske Spitsberger Kulkompani Corporation

1. Store Norske is considering using Coal India Limited to assist them in their international business operations. What issues will Store Norske have to address with respect to any business transactions between Store Norske and Coal Inida Limited. Discuss.
Store Norske’s manner of partnering with Coal India to assist them in their international business operations is called international joint venture. This is the most common way to go into international business to a) reduce the risk in venturing into a new operation, and b) takes the favorable opportunity of using the skills and assets of the new business ...

Economic evaluation involves the business aspect monitoring and analysis in a company. This analysis is intended to carry out comprehensive auditing of the profit and/or loss making aspects of the company. The end result is expected to put the management of the company in the know that theirs is a profit or loss making venture. During such evaluation, several aspects are considered especially the financial aspects. The analysis is intended to identify the various needs of the company and try to propose practical solutions to the identified needs of the company. Such solutions may include a change in the structure of the ...

Analysis of an Organization

Abstract
Procter and Gamble is a manufacturing company that produces consumer’s goods that are widely classified. Procter and gamble is a multinational company. William Procter founded the company with the help of James gamble who was a soap maker. The company purchased British soap manufacturers in 1930; by 1935 the company established a factory in Philippines.
The company focuses on making the world better by manufacturing everyday products that people use on daily basis. The market capitalization of Procter and Gamble exceeds the gross domestic product of various countries. The company has its products in over one hundred and eighty ...

[Writer’s Name]
McDonaldization of the U.S. Court System

Introduction

The McDonaldization representation is an undemanding systematic perspective to what has been believed a flourishing game plan, therefore pointing to the extraordinary value and development of the US court system this plan has been titled after. The model of McDonaldization is consisted of four important conceptions: predictability, efficiency, calculability and control. There is the term McDonaldization that was emerged by Maryland University professor and, sociologist George Ritzer, to signify the mixture of current day 20th century US functions for example scientific supervision, bureaucratization and assembly line manufacture. The achievement of ...

General explanation of the procedure followed

Contribution refers to the excess the unit selling price of a product over the direct costs of production related with the production of the said product. This accounting procedure is based on the assumption that fixed costs are incurred on timely basis (fixed costs are fixed for a certain duration of time) Hence, the fixed costs are considered irrelevant in decision making regarding the production of the said product.
Contribution per unit is thus defined as ‘the revenue generated to cover certain fixed costs, as well as cater for the profit margin of the trader. It is prudent for a manufacturer ...

Break-even point indicates the number of units to be sold by a company to meet all its expenses and make zero profit. It is calculated by dividing fixed cost of production divided by the contribution per unit. Where, contribution per unit is the difference between selling price per unit minus variable cost associated with one unit. Referring to the excel sheet, Pringly’s break-even point at the first scenario is 142857.1429 units while in the second 147058.8235 units are required to break even (Walther, 2010).
The units required to be sold so as that the company can achieve a profit ...

Background

Founded in 1994 and headquartered in Johannesburg, Netcare is one of the largest South Africa healthcare providers, operating through a wide chain of local hospitals and dental centers. Over the years of the operations the company grew in domestic market organically as well as through acquisition strategy, starting with the acquisition of Medicross, which allowed the organizations to an acquisition of 75 physical facilities, including medical and dental centers across South Africa.
Ricard Friedland, the head of the organization faces several challenges with regards to the future direction of the organization and potential strategies with regards to the organizational ...

Question 1

Sources of the problem facing Wight
Despite Wright comprehend and being clear on his mandate as the Clearwater Seafood’s Chief Financial Officer (CFO) he had faced several challenges. As CFO, he was required to determine the best way to incorporate company’s foreign exchange risk management program into the overall growth strategy of the firm. The company has been benefiting from a weak Canadian dollar. However, strengthening of the Canadian dollar has become a source of the problem that Wight is facing. According to the article, as the Canadian dollar falls, the company’s foreign exchange risk management ...

Heineken is the leading company manufacturing and distributing its branded bears in the global market. The company is also famous for its marketing activities and sponsors a mega event of the European Champions League and also partners with James Bond brand. The company desire to integrate its sustainability into its corporate strategy. The name assigned to the long-term approach is “Brewing a Better World”. The company had set its targets into six pillar areas to achieve its long-term sustainability approach. Water, carbon dioxide (CO2), responsible consumption, health and safety, sustainable sourcing, and inclusive growth are the targeted areas set by Heineken.
...

Problem statement

Consolidating plants from different locations for the company poses a major challenge, which should be approached carefully in order to avoid poor results. Notably, there are benefits associated with consolidating. For instance, cost reduction is one benefit so significant, which presents appropriate advantages. There are also challenges like the challenge of feasibility. Not all consolidation plans work out successfully. Therefore, it is usually necessary for a company to assess the feasibility of a consolidation plan . Sleep more plans to make the consolidation in order to enjoy the benefits associated with consolidation of plants. However, it is constrained by the possible challenges, which ...

Introduction

Global business environment is placing more and more pressure on the organizational ability to address diversity in the company. The reality shows that cultural, racial and social diversity along with geographical disperse of the companies creates new and, yet, not fully explored field in Human Resource Management (HRM), Leadership and Management studies. Modern considerations on the selection and recruitment processes that call for specific cross-cultural management capabilities outline the direction in which leadership and management practices have been and will continue to evolve in the near future (Sims, 2007). Team work and leadership practices in this field are one ...

According to Mendel (653), the phenomenon of homelessness in a affluent society and actions of business leaders in Cleveland to address it provides the starting point of Daniel Kerr’s Homelessness and Urban Development in Cleveland, Ohio. Kerr makes immense contribution to aid our understanding on what most of the public and private civic leaders consider as intractable urban residential poverty, discriminatory public housing policy, contribution to Communist Party, urban renewal public planning, and costs to affordable housing.
Molinari et al. (487) and Mendel (653) agree that the homelessness is prevalent in United States and triggers challenge for veterans ...

Response to Humorous Ads

Introduction
Zhang and Zinkhan (2006) wrote an article about examining how the audience’s involvement matters in humorous ads. The article encompasses a close examination of the relationship between the audience and humorous ads where the response depends on how the humor was processed. The practice of employing humor in advertising was drawn from the belief that human can influence response among the audience, thus allowing a more favorable response towards the product being advertised (113). The discussion will focus examining what the article is about, its core goal, and its major contribution towards marketing and advertising practices.

The article ...

- Question: Identify the muscles in the anterior compartment of the leg
The leg is divided into three compartments by tough fasciae to hold the muscles and proper functioning of these muscles during their contraction. These compartments also contain nerves and vessels.The three main compartments are anterior (extensor), lateral (fibular) and posterior (flexor). The anterior compartment (Extensor compartment) contains muscles which are used for extension (dorsiflexion) of the foot as these muscles have origin in the leg and are inserted in the bones of foot crossing the ankle joint anteriorly. “When acting from below they pull the body ...

10 C’s of Communication
Effective communication is essential for the success of any organization. In order to add good communication skills, one must understand the basic facts of the communication. Ten C’s of communication are the well-known factors practiced at corporate and unofficial communication. Ten C’s of communication are important to be considered being on whatever the medium or channel. However, the priority or the importance of 10 C’s vary as according to the medium used.
Communication can make or ruin relationships; whether, it is corporate or an unofficial relationship. Of the ten ...

Introduction

It may not be easy to determine the best performing product region or customers. This problem may arise and therefore calls for a close analysis of figures that are obtained from the market analysis. Chemgrow, a company that produces and sales chemicals must have a comprehensive knowledge about its markets, products and clients so that it can make viable decisions that will guarantee its success. Effective decision making is critical to the success of a business and the company has to take the decision making process seriously by examine the various data at its disposal. With such an analysis, Mr. John Kee will ...

40 questions answered from two different books.

Health Care Ethics Principles and Problems (Medical Ethics)

Chapter 1
Briefly describe the differences among ethics, professional ethics and health care ethics.
Ethics is concerned with the way people ought to live their lives. It must not be confused with religion even though they may tend to advocate the same values. However, ethics are distinct interrelations among human which can be considered acceptable or unacceptable.
Professional ethics embody regulations pertaining to how persons function within a discipline. It specifies right and wrong actions based on morality. It does encompass principles of being, but the authors of this text ...

This Case Study paper includes four examples of cases concerning agricultural runoff and water pollution, preceded by a section defining NPS pollution and detailing its various known causes. The four case studies were intentionally chosen from different parts of the world with quite different environmental conditions. First was the Lower Bhavani River basin in India – an extremely rural area where fairly primitive agricultural methods are employed by villagers living in basic conditions. The second example was the Rhine valley in Europe; a highly developed and industrialized part of the world. Third of the examples used was the Lower Fraser Valley in ...

NanoGene Technologies, Inc. is a young start-up company established to specialize in the manufacture of nanotech solutions for medical purposes. The company is currently composed of five founders and top-notch scientists from Eastern Institute of Technology’s (EIT) Advanced Materials Sciences Lab (AMSL), namely Will Tompkins (currently serving as CEO), Don Rupert, Mark Masterson, Ravi Rhoota and Gary Garfield. The company is currently in the process of raising US$10 million in equity through Venture Capital (VC) funding. The company is also in discussions with Paige Miller, a business consultant with considerable experience in biotechnology operations and management. As it is ...

Alcan Inc. is a market leader in production of fabricated aluminum, primary aluminum, and specialty packaging. The company operates globally with over 50,000 workers with annual revenues of approximately $23 billion (Dube, Bernier & Roy, 2009). As a market leader, Alcan has contributed to the design of fuel-efficient technologies in engineering sophisticated and novel concepts in aluminum production. The company’s Information Technology (IT) department is considered the motivation towards efficiency and innovation, through the setting of new principles for information sharing, exchange, and delivery (Dube et al., 2009). The following paper aims at describing and assessing Alcan Inc., in ...

Statement of the Problem

Ajax Manufacturing Company (Ajax) is a manufacturing company that wishes to an average gross margin of 35% across its products. It sets its prices using a traditional cost accounting method and then adding a 35% mark up. Management has found this approach to be puzzling, with the actual results differing from the projected results. Case in point is the significant decrease in volume sold of Product B despite the reduction in selling price and the absence of competition in Product C market despite a computed higher-than-expected margin.

The company modified its cost accounting approach by doing the following: allocating labor hours for units ...

Statement of the Problem

Destin Bras Products Co. (Destin) is a company engaged in the manufacture of valves, pumps and flow controllers. Destin is a highly competitive company, having at its helm Steve Abbott, John Scott and Roland Guidry and is a local success story in Destin, Florida.

Recently, Destin has come under fire by way of significantly shrinking gross margins due to price pressure from competition. The production of valves has contributed about 24% of the company’s revenues and has comfortably retained a 35% gross margin. Pumps, which contribute 55% of total revenue, have been under siege recently because of similar pumps in the market ...

In October 2000, Joseph Duncan, a third-year allocation systems analyst for the Michigan Department of Commerce, was sitting at his office desk reading some background material on distilled liquor distribution in Michigan. Prior to his current position, Joseph had worked as a distribution analyst in private industry for several years after graduating from a large Midwestern university with a degree in materials and logistics management. His direct supervisor, Donna Mills, had given Joseph his next assignment earlier that day. “Be prepared to head up a project team and prepare a proposal on distilled liquor distribution,” Donna said, “We’ll meet Wednesday afternoon at 2:00 P.M. ...

Abstract

This paper offers an analysis of Christian and Buddhist perspectives George’s case, eventually making a recommendation that his Primary Care Physician should take him through euthanasia. George is an ALS patient in his mid-fifties, who is considering euthanasia as a quick solution to future suffering. However, based on Buddhism consider the fact that there is no need for George to suffer during his last days alive. On the other hand, while they value respect for persons, Christians grapple with the idea that George has no moral mandate to take his life. Nonetheless, an application of these worldviews in ...

Abstract

Various safety models have been developed for use in understanding aspects of safety. These models include the Systems-Theoretic Accident Model and Processes (STAMP) model, Construction Accident Causation model, and Accident Causation Management model. Each model focuses on a specific aspect of the safety process. The STAMP model focus on the interactions between system components while Accident Causation Management model focuses on the source of human errors. On the other hand, Construction Accident Causation model focus on the predictability of incidence occurrence. None of this can be used to understand and address all safety concerns. This essay will begin by ...

Background

Enron case study dwells upon one of the most known scandals in business ethics and financial world. Founded in 1985 as a result of the merger between Houston Natural Gas and Internorth, Enron Corporation starts trading natural gas commodities in 1989. Throughout the 90s,the company was considered one of the most innovative and attractive for investment companies in the country. Renown for its unique business model and trading businesses, the company benefitted from a positive image, shareholder trust and external financing (Li, 2010). With a number of changes in leadership from Jeffrey Skilling to Kenneth Lay, who occupied ...

Background

ConsoE has recently acquired Expeer, an electrical company based in Austin, Texas with 15,000 employees. Expeer’s benefits package for its employees has traditionally been extensive and comprehensive when compared to what ConsoE offers. A tactical plan to communicate the change in benefits structure for the incoming former Expeer employees is crucial to help them understand and adjust to the new order.

Issue Identification and Root-Cause Analysis

The employees of Expeer get very high benefits that are significantly different from what is offered by the Consolidated Electronics. The benefits include a fully paid ten different health insurance plans, a 401k plus 3% match ...

What position should Jason Sterling take on European sovereign debt? Why? What are the advantages/disadvantages of using credit default swaps to profit from this crisis? What are the potential risks? Are there any lessons for Jason that can be gleaned from previous crises?
The aim of Jason Sterling is to assess novel information so that he has the ability to trade on prior to the trading close for the week period. This was because the growing debt crisis in the sovereignty of the Europe would be the hot topic or the primary notion that the leaders and representatives from ...

1. Introduction
Oman Oil Company (OCC) is one of the biggest commercial organizations of Oman, undertaken by the Government of the country. The company was set up in 1966, headquartered in Muscat, Oman (Oman-oil.com, 2016). Pursuing the investment opportunities in oil and gas and other energy sectors, Oman Oil Company has become one of the leading companies of Sultanate of Oman. Identifying the investment opportunities both inside and outside the country, the company has developed an impressive HRM to manage the organizational operations affirmatively. The HRM of the organization supports the employees to deliver their best performance for organizational ...

Introduction

The report presents discussion and analysis of compensation strategies of Nucor Corporation. The organizational structure significantly impacts the compensation system of an organization that affects its ability to attain strategic goals. If the compensation to executives is not aligned with the organizational culture then it may lead to adverse impact on the firm’s performance and lead to other consequences. Several studies indicate that the organizational culture has a significant impact on compensation as well as the firm’s performance. The firms offer different types of compensation to their executives that may affect the compensation structure. However, they are ...

Question 1

MABA is an acronym for Market Attractiveness, Business Assessment. The elements of Market Attractiveness include the total volume and volume growth in hectoliters of the international premium larger segment, the geographic and cultural distance between the market and the company’s home base in Netherlands.
The four elements that Grolsch use to measure distance are; differences in languages, non-membership vs. membership of the European Union, and the landed costs of transportation as well as the differences in Gross Domestic Product (GDP) per capita. MABA framework utilizes the four components in making key decisions that communicate whether a market is ...

Executive Summary

This paper is a summary of how Marks and Spencer (M&S) developed its management style to transition from a traditionally managed, loss-making company to a successful, international, multichannel retailer. The paper also discusses the various planning processes used by M&S, and the leadership styles adopted within M&S.
Although late, but M&S successfully transitioned from a strict hierarchical management structure to a flatter organization that encourages open communication and collaboration among employees and management.
Earlier, planning processes within M&S involved only the senior management. Decisions were taken on a reactive basis and experimented with, which often led to failures. Today, ...

Introduction

Happy New Year to You!! Some may have thought that this day could never be a happy one for Clipboard Tablet Company but as I take my position with the company I am more than excited for this day. The reason for my excitement is that this year Clipboard Tablet Company will develop an organizational based on the results of the prior financial years and will conclude with an even better method for going forward. In order to be effective in the long term changes are imperative. The one area that will receive a new life and outlook is ...

Introduction

Almost all of the commercial airplane accidents that have been reported in the past are caused by human error which accounts for approximately 70% of the accidents (Griffin et al., 2015). Hence, it is important to appreciate the fact that human error is recently becoming a principal concern not only to flight operations but in the maintenance practices as well as air traffic control. The above concern has made the major airlines to employ human factor professionals who work closely with the engineers and pilots to embrace innovation on human performance as well as the airplanes to help enhance ...

Introduction

The AirSec Company emerged as a collective contribution of three graduate engineers who extensively researched and established this particular technology, to combine drones (popularly referred to as UAV or Unmanned Aerial Vehicles) with security systems of enhanced technology. These graduate engineers were able to attain this by use of a minute drone, properly equipped with cameras of very high definitions. The cameras could use particular night observing infra imageries and also the normal light imageries. After periods of development, present time Wi-Fi links were successfully introduced to numerous receivers such as cellular phones.

The core aim of AirSec Limited ...

Success in anything is heavily dependent on the preparations that we put in. The decisions we make and the effort we provide for that particular venture together are the roads on which the project rolls towards success. Coming to the subject matter, Shania has made an important decision to invest and has the support of her husband. Therefore, it is important that the business decisions she makes at such a point in time be the best. The essence of the essay is to gain insight into the case of Shania and advice to her on the best course of action ...

Ethical dilemmas do not have a direct response as one progress with the career. The exception to this is when the ethical dilemma involves the breaking of the law or profession regulation. Ethical dilemmas are entail situations of moral conflict and transgression between parties. In these kinds of situations, one has to choose a creative alternative to end the constant strive (Linzer 37).
In this issue, the ethical dilemma entails an overly dependent boss who takes all the credit from the worker. All the work that the group does credit goes to the boss and the manager. Sometimes the boss ...

Health marriages are good for couples’ mental and physical health. Not leaving out children, health marriage is good for children too. Growing up in a health marriage and family helps children grow happily and avoid educational, social, physical and mental problems. However, survey findings show that about 40 to 50 percent of married couples in the United States divorce. Lacks of a happy family lead to emergence of a problem. This is clearly elicited in Janet’s case. She just completed her fourth divorce. I believe many people think that Janet is out of her mind already and that she is immoral. ...

The changes in the global economy, the progressing state of the emerging countries that resulted to the increasing middle income consumers, and the development and spread of the internet technology impacted the ticket distribution system of the airline industry. The airline companies developed new and more cost-efficient ways of selling and distributing air tickets to be price competitive and at the same time to survive the intense competition in the industry and the economic struggles especially in North America and Europe.
The global distribution systems (GDS), was the most common and prevalent system of airline ticket distribution in ...

The density of the older workers is increasing in the workplaces, pushing the average age of the workforce to higher levels. The implications of older employees’ presence are wide ranging. The current debates on the benefits of having older people in the organization unearth advantages and disadvantages. There are plenty of arguments for the presence of elder employees in the organization, equally there are criticisms too. First is, experienced and older employees may diminish the opportunities for younger workers. The presence of older workers in the workplace increases the generational span, which challenges the employers with difficulty to manage different ...

- Identify the problem they have now or will have in the future.
The first problem which the couple is currently facing is overspending. After deducting all the expenses which the couple is incurring monthly from their total combined income, John and Mary are incurring a monthly deficit of $3,317.95. This computation is based on the net earnings of the couple after deducting income tax and voluntary superannuation contribution, which both John and Mary participate in (ATO, 2014). This is in spite of the numerous income sources which they individually have and bearing in mind also that they ...