Essays on Output

Companies, businesses, or organizations around the globe face stiff competition. Market segments change. The preferences and tastes are equally dynamic. The effect of globalization is real. There is an economic shift from the developed and stable economies to developing. Therefore, it is ideal that companies should tirelessly focus on what makes them relevant in meeting customer requirements. This paper is a mirror reflection of how the Google Company has thrived and lived to its vision as well as mission. It seeks to address the significance of human interactions and correlations in the workplace. The work also gives clear views ...

Introduction

Price discrimination is a strategy usually followed by a monopolist or even oligopolist where different consumers are charged different prices. Price discrimination can take three major forms, first degree price discrimination, second degree price discrimination and third degree price discrimination. In this paper we demonstrate how third degree price discrimination is practiced by the Airlines. We begin with a brief description of third degree price discrimination in the next section. In section III we discuss the methodology and data source of our research. In section IV we present the outcome of our research. Section V concludes the study.

Concept of Third Degree Price Discrimination

In ...

The lecture over chapter 8 went over different ways to control organizational input and output in a variety of ways. Managers can assess how well a control system works by setting target goals, watching the results of a particular control system, evaluate those results, and use several different feedback methods to gather information about how successful their control strategies are. Feed forward control allows managers to have information on potential problems before they occur, so that they can take preemptive measures to avoid any issues. Concurrent control gives managers quick feedback on how efficiently input is becoming output, and ...

Introduction

There is a long standing debate in .Economics between the classical school of macroeconomics and the Keynesian school of Macroeconomics. While the classicalists school believes in a laissez faire or free market economy the Keynesian school proposes government intervention in times of recession, inflation or such other macroeconomic disbalance in the economy. In this paper we are going to present the major differences in the Classical and Keynesian school of macroeconomics in terms of aggregate demand and supply and in terms of the impact on inflation and unemployment.

Aggregate Demand and Supply

The classical model is a supply side model. The proponents of ...

1. Define organizational control and describe the four steps of the control process. Organizational control is the process by which managers regulate and monitor the efficiency of an organization, and its member performance striving to achieve goals. Managers develop strategies organizations can implement in order to resources more effectively to increase the value for customers. Step one is to establish standards of performance, targets and goals. Step two is to measure the actual performance. Step three relates to how managers can compare performance and standards of performance. Step four relates to how managers can initiate change if standards are ...

Multimedia Systems development

Question One The universal Turing machine compares and influences the modern day computing significantly. The Turing machine is the main inspiration towards the modern day Von Neumann architecture also referred to as the universal computing machine. The two devices operate on the concept of input and output where there exists a model that defines their relationship that the machines execute. In both machines, computations involve a change in state guided by the relation model of the input and outputs. In both the machines are programming and operate using stored program making it is possible to construct a machine that ...

Introduction

There are two major school of macroeconomic thinking, the Keynesian school and the Classical school. The classical model has evolved over a long time and name of a number of renowned economists is attached to this school of thought. The Keynesian school has been built on the theories and models developed by John Maynard Keynes. In this paper we discuss the differences in these two schools of thought in terms of aggregate demand and supply and the relation between inflation and unemployment.

Aggregate Demand and Supply

The classical model is essentially a supply side model. According to the classical school of thought the ...

Linear programming is one of the very famous techniques that helps solve the optimization problems when the objectives and constraints are expressed in a linear function. This technique was developed by George B. Denting in 1947. Though initially, its use was thought to be restricted to the activities of the Second World War but sooner, it gained prominent significance in the corporate world. It is a quantitative technique that helps in the optimal allocation of the resources, but the fact is that it only operates under conditions of certainty (A.E. Anieting, 2013). The aim of linear programming is to ...

Part 1. Primary Data Analysis. In this paper we describe and discuss the application of statistics and probability theory to a real world problem in the area of psychology. It is believed that it is harder to read printed text on white paper than reading it on colored paper. The researchers decided to examine this claim. In order to do this, they performed a case study: 21 undergraduate students were randomly chosen. Since they were selected regardless of their age, skills, majors, status and abilities, the sampling method is simple random sampling. They were tested for the time spent ...

1. Plan for the assessment of Market structure Effectiveness for Operations of the Company. It can be easily asserted that the performance of the company as well as the market scenario changes whenever there are changes in the demand for a certain product over a period of time. It was observed that there is increasing trend in demand for microwave category. With the pressure and increase in complexity of individual lives and their living standards, the attitude and perception of people towards microwave food seems to be favorable. Such microwave food is also increasingly demanded as a result of ...

Introduction

The capitalist production relies mostly on the scientific application of management principles which entail antagonistic social relations with production being the central focus of managers. This implies that the human point of view is not recognized and the only ideas workers should subscribe to are those of the management. An analysis, therefore, proves that capitalist production leads to adverse social consequences that tend to subdivide workers instead of bringing them together. Capitalist production degrades work since it makes workers behave like machines thereby neglecting the need to consider the human point of view during production. The essay, therefore, draws ...

This paper would be dedicated to the assessment of the Oil Price Change from two opposite perspectives - the one, offered by Michael Levi (Bloomberg News) and opinion of Mr. Horsnell, a veteran oil analyst. In this paper, it is essential to consider the change in oil prices from retrospective - as the significant increase in oil prices has taken its place on Feb. 1, 2011, - as it has reached more than $100 a barrel. For the timeframe of several years, this rate was kept almost unchanged; there were only few dramatic ups and downs, which, in turn, ...

Venezuela’s private property rights

The Venezuelan government has been autocratic in snatching land away from their rightful owners and handing it over to others which is clear violation of property rights. The cause behind this action ownes back to a decade when the opposition party to President Hugo Chavez lobbied with business elites and plotted to shrink the economy by controlling agricultural output. This was enabled by big land owners (‘Latifundistas’ in Venezuela) started stalking almost 6.12 Lacs Hectare of land and shunned any agricultural activity on their land (Fuentes 1). This loss in agricultural output started reflecting in terms of fall in ...

In modern world the number of issues the company should deal with is dramatically increasing. Some main threats of the previous years are replaced by more significant ones. To remain competitive the organization should pay attention to all the decisions made on different levels. The company is also exposed to new types of risks. It means that the organization should use new approaches to manage both external and internal operations. The main requirement to the behavior of the firm is to be as flexible as possible. New strategies need to be defined in accordance with environmental issues and up-to-date ...

{Author Name [first-name middle-name-initials last-name]} {Institution Affiliation [name of Author’s institute]}

Pathophysiology and Aetiology

Acute renal failure or ARF means any abnormality with the function of kidneys. Kidney performs multiple functions thus ARF is also termed as acute renal injury (ARI). Now medicine and healthcare have advanced to a higher level integrated with different drug therapies and dialysis treatments though the mortality rate with such condition is still high; that is 50% of kidney patients and up to 85% of patients with other co-morbidities (Doenges, Moorhouse & Murr, 2014). The Pathophysiology of ARF includes a rapid fall in Glomerular Filtration Rate (GFR) ...

The PID (Proportional, Integral and Derivative) controller is feedback controller which aims to make system output follow desired response (Hägglund & Åström, 1995). The controller is defined by following equation: ut=K(et+1Tioteτdτ+Tdde(t)dt) where u is input control signal to the plant model and e is the control error which is difference between desired and actual system output used to generate the control action. As shown by equation the controller consists of proportional, integral, and derivative terms. Gain K, integral time Ti and derivative time Td are all parameters of PID controller. We can ...

Mind map

Introduction The application of computers is widespread in the current generation. Computers form a fundamental part of our daily lives as well as activities. The application of computers ranges from simple mathematical computations in devices like calculators to complex mathematical computations in industries. Virtually everything depends on computers for operation and completion of various tasks and processes in equal measure. The use of computer presents a variety of advantages over other alternative methods of accomplishing tasks (Krishnamoorthy, et al, 2009).

Background Research

A computer is an electronic device used to perform arithmetic operations which are employed in attaining different tasks a ...

1. Plan for the assessment of Market structure Effectiveness for Operations of the Company. When there is a fluctuation in the demand for a certain product from one year to the other, we should understand that market and Company performance are changing. There can be observed a decent increasing trend for the products in the microwave category. The complexity of individual lives is increasing and as a result, the perception towards microwave food items is favorable. The savings in time and the wide range of choices could be taken as the main reasons for these types of goods selection. ...

Technical communication in workers’ health and safety training

Introduction Technical communications encompasses an array of means used to convey scientific or technical information, that is, the information that has both the qualitative and quantitative aspects as shown by Mehler, Romary and Gibbon, D. (2012). As such, the mobile team division involved in this type of communication is quite diverse with such variations as age, profession, education level, gender as well as experience among other diversities. For instance, the mobile division team will include labor union officers, nurses, safety specialists, health officers and communication and information technology technicians. Therefore, the pre training will have to address the diversity ...

Discussion

I agree with your answer regarding the advantages of Cobb- Douglas are acceptable because you have set it clear that both empirical and theoretical work on CD model may sometimes be unrealistic especially in the healthcare production because it does not address the relationship between the inputs and outputs. Question: do the alternative models such as the translog and additive model (AM) show the relationship between inputs and outputs in the healthcare? Answer: the alternative methods enjoy the above disadvantage of CD in the sense that it shows the interaction that exists between inputs and outputs. Therefore, most health ...

The usefulness of the balance sheet

a. No, the focus of accrual accounting, different to cash accounting, gives more accurate information about the company in the financial behavior. The accrual accounting matches the revenues and expenses operation in the generation date and not when there is cash transference. The income statement is more important than the balance sheet because the income statement explains the behavior of the company in the fiscal year and explains the capacity of the company to generate value to stakeholders. The balance sheet gives a "static photograph" of the current situation of the company. Only making the comparison of balance sheets ...

1.As part of your systems analysis project to update the automated accounting functions for Xanadu Corporation, a manufacturer of digital cameras, you will interview Leo Blum, the chief accountant. Write four to six interview objectives covering his use of information sources, information formats, decision-making frequency, desired qualities of information, and decision-making style. The following are the five interview objectives that would guide in obtaining his use of use of information sources, information formats, decision-making frequency, desired qualities of information, and decision-making style: a. In a paragraph, write down how you will approach Leo to set up an interview. I ...

(Institution Name)

Introduction:

GPUs that stand for Graphics Processing Units (also called visual processing unit) are used for high-speed image creation in applications that require images or videos to be shown on screen. This is done by manipulating and altering of memory. A frame buffer that is intended for output to a display is used for the purpose of image creation. The most common devices that use Graphics Processing Units include cell phones; both smartphones and some common mobile phones, personal computers and laptops, workstations and game consoles. The newer versions of Graphics Processing Units are very effective, and they ...

Combinatorial logic circuits are built from a combination of different logic gates with a set of input and a logic network without memory that operates on the inputs to produce the outputs. Comparator: Comparators are combinatorial logic circuits that are used to check whether a binary value is greater than, less than or equal to another binary value. A comparator is shown in figure 1. Figure 1: A comparator Flip-flop: Flip flops are sequential logic circuits that permit the storage of information on it and has two outputs (Q and Q’) that are complement of each other i.e. when ...

With the increased cases of air pollution in the US and all around the world, the need to have clean energy sources has been the agenda of energy summits. We have experienced increased levels of greenhouse gasses and hence the temperature levels [1]. As a result, seasons have changed, and food production lowered as well. This has brought too much pressure on the government to find alternative means to feed the growing population. An alternative has been to make genetically modified foods and fast food markets. However, the same cycle repeats itself as these companies still need the energy ...

Jane Doe

Questions: Describe how burn wounds are classified. Identify and describe Mr. Angelo’s burn injuries. Burn wounds are classified using four degrees that are based on the severity of how many layers of the dermis have been damaged; the higher the degree of burn classification, the more severe the burn injury and damage done to the patients skin and body. In the case of Mr. Angelo’s burn injuries, he sustains both 2nd and 1st degree burns covering approximately 40 percent of his body.

Explain the “rule of nines” used in assessment of burn injury.

When assessing burn injuries, the “rule of nines” is a formula to assess how much ...

Macroeconomic Theory

Econ 385 – AS01 Winter 2016 Homework Assignment 1 William Easterly in his book ‘The Elusive Quest for Growth’ described the Solow’s growth theory as a ‘shocker’. Discuss why the Solow’s growth model was surprising. Which policy implication of the Solow model was surprising and how did Solow arrive at this policy implication? Up until the Solow model, economists mainly believed that capital accumulation (machinery and buildings) is the primary determinant of growth (capital fundamentalism). Solow’s growth model concludes that investment in machinery does not lead to long-term growth. The only possible source of growth is technological ...

Understanding of what motivates employees in the public sector has been an issue of concern in the recent past. The increase in competition and unpredictable world economy has forced many managers in the public sector to develop strategies that ensure that the public sector obtains high levels of output from the workforce (Matheson, 2011). According to Word and Carpenter (2013) work motivation is the internal and external force that acts as catalysts for the workers behavior. It is the desire of a person to work hard and remain committed to the organization’s goals. It is imperative for the ...

Heart failure is a pathophysiologic condition characterized by the heart’s inability to generate sufficient cardiac output, resulting in either inefficient tissue perfusion or increase in the diastolic filling pressure of the left ventricle, or both, which lead to increased pulmonary capillary pressure (McCance, Huether, Brashers, & Rote, 2014). Heart failure is a leading cause of death in the US (McCance et al., 2014; Mozaffarian et al., 2015). American Heart Association has estimated that in 2013, cardiovascular diseases were responsible for 30.8% of all deaths in the US, or 222.9 per 100,000 deaths (Mozaffarian et al., 2015). The 2013 ...

1. Plan for the assessment of Market structure Effectiveness for Operations of the Company. Analysis of the performance of microwave category can be done through the increase or decrease in the demand between years. The analysis shows that the demand is ever increasing for microwave category products. The perceived advantage of using microwave foods has increased as the life of people is becoming more and more complex. The advantages could be summarized as time saving, greater appeal since it is a gourmet meal and the variety provided. The multi-use of the products at any time of the day in ...

Summary of the Research Topic

Sustainability refers to the effective contribution of an organization to overall development, by simultaneously delivering environmental, social, and economic benefits (Lourenco, Callen, Branco, & Curto, 2014, p. 20). An organization’s leader plays a great role in the facilitation of an organization’s sustainability. In addition, the organization itself, the organization’s environment, its ethno-sphere, and organization’s human resource collectively play a big role in the organization’s sustainability (Metcalf & Benn, 2013, p. 382). On the other hand, organizational leaders have a role in engineering strategic sustainability of their organization, which includes setting realistic goals and visions (Metcalf & Benn, ...

Teamwork – Introduction

The definition of Teamwork differs from one organization or business to other or may be even from one individual to another. This difficulty in defining teamwork essentially is because of the numerous facets that it comprises of. Teams are made when people having a common taste, liking, and attitude come forward as a group and work for accomplishment of an overall common goal. The role that teams play within an organization is very important.

According to Henry Ford,

“Coming together is a beginning. Keeping together is progress. Working together is success-Henry Ford.” Work organization with the help of teamwork can denote numerous possibilities, ...

Introduction

The Macroeconomics as seen in an international context affects the business decisions and strategies of not only the governments but also the private firms operating in international business arena. The macroeconomic forces present an environmental background to the International business players and the way it affects them is discussed below.

Discussion

Macroeconomic forces affect us at all levels on a day to day basis. For instance the current oil prices reduction internationally has affected many economies in an adverse manner, while a few others like India are at an advantage. This augurs well for the International businesses operating from India. ...

Introduction

The taxation system is the largest contributor when it comes to government revenue. There are five basic principles when it comes to the idea of taxation. These principles are: 1) to raise revenue, 2) reprice certain goods and services (tobacco, alcohol, etc.) to meet social objective, 3) income and wealth redistribution, 4) raise representation within the democratic process, and 5) to reorganize the economy (Murphy, 2009, p. 211). It is a firm argument that all of these principles must be in place in order for the concept of taxation to work.

The meaning and importance of equity (fairness) in UK taxation

In 1776, Adam Smith introduced the principles of ...

Introduction

When it comes to the renowned chemical organization globally, the name of BASF SE appears the mind. The head office of BASF SE is based in Germany and this term is known as Baden Aniline and Soda Facility. The organization in the culmination of 2009 had fifty-thousand workers in Germany and the entire workforce was one-hundred and ten thousand in the all-inclusive workplace. The purpose of this essay is to shade light on the conflicts of interest emerge amid multiple stakeholders at the workplace; after identifying conflicts, this essay suggests solutions to the probable disagreements that emerge.

It is ...

Introduction

This laboratory is about the experimental testing, simulation, and analysis of RC and RLC circuits. The magnitude and phase of these circuits are measured accordingly. Theoretical phasor diagrams will be developed with respect to the circuits and are analyzed correspondingly. The three sets of magnitude and phase values (theoretical, simulated, and experimental) are compared and analyzed.

Purpose of the Experiment

The purpose of this experiment is to be able to measure the magnitude and phase difference of the input and output of sinusoidal circuits. The first circuit is a series RC circuit; the second circuit is a two-loop RLC network. These circuits will ...

Executive summary

The aim of the report was to determine the consumption pattern as well as the magnitude and direction of the correlations of various inputs in the production process of aluminum grade. Effective control of inputs cost is a result of efficient analysis. Therefore, the report analyzed the electrical as well as chemical and plumbing to compare their respective amount and standard deviation. The study showed that the process produces more plumbing and chemical grade as compared to electrical aluminum grade. Again, the report probed on the appropriate purchase amount for the alumina against a set value. Statistical analysis confirmed ...

Market Structure

A firm has to be well aware of the market structure in which it is operating so that it can take appropriate pricing and output decisions that maximizes its profit and market share. If the market is competitive in nature the firm would follow the price determined by the overall industry demand and supply. On the other hand a monopolist would decide the price that would maximize her profit or the price that would keep potential entrants into the industry at bay. The demand analysis that we had made previously can give us some idea about the market structure ...

Introduction

This experiment is about the testing, simulation, and analysis of a second-order RLC circuit. The basic resistor-inductor-capacitor series circuit is analyzed for state variable response. The output is measured as the voltage of the capacitor. The experimental, simulated, and theoretical results are all compared and analyzed.

Purpose of the Experiment

The purpose of the experiment is to analyze a second-order RLC circuit for a state variable response. Equipment and Materials Used The equipment used in the experiment is listed below: Function generator Oscilloscope Triple Output Power Supply R = 100Ω, L = 25 mH, C = 0.1 uF

MULTISIM

MATLAB The first three are used in the ...

Executive Summary

An interview with Debbie Curtis, Officer Manager for Central Pump Company in Center, Colorado revealed several flaws into the HR issues of the company which has about 20 employees. Though she handles almost all the issues such as training and development, succession of employees, the retention of quality employees, managing employee performance, resolving conflictions, correcting performances and disciplining performances, there are no formalities and policy documents to support the same. The strategic contribution of the current HR deliverables is basic and it cannot support the attainment of sustainable growth and development. At a personal level Debbie is contributing towards ...

The introduction of technology to the world brought about significant changes in how people work. Industries and companies placed huge budgets on manpower and equipment necessary in creating their products or completing their work. At the time, what they received as returns were enough to sustain them though it was quite hectic. Technology made most of the processes easy to complete and automate. On a downside, it affected the job opportunities for most of the employees as it replaced their spots in the different companies. In recent years, the adoption of Information Technology in companies is on an increase ...

Operations management

Introduction Operation management contains several objectives; companies manage their operation with the aim of improving their organizational productivity, flexibility, quality, dependability, and for achieving cost benefits. Any organization who wants to evaluate its operations’ performance, these are the factors against which the performance should be evaluated (Barnes, 2004). The objective of the report is to assess the input/output transformation model of an operation function critically. For the attainment of this objective, Wal-Mart is selected for examination. Wal-Mart, a retail giant, is an American international retail company, which is involved in operating a chain of grocery stores, discount department stores, ...

Background

Solow Growth Model is one of the basic Macroeconomic model in the neoclassical era. It was first introduced by Robert Solow in 1956 (Verner, 1995). The model tries to explain the long term economic growth of an economy. The dependent variable of the Solow Model is long term rate of economic growth (output) and independent variables are capital accumulation, labor (also expressed in terms of population growth) and increase in productivity (technological innovation) (Verner, 1995).

Figure: Solow Equation: Y- Output, A- Productivity, And K – Capital Accumulation and L – Labor Growth (Boianovsky and Hoover, 2009) The main assumption of Solow ...

Scientific management or Taylorism is one of the theories of management that focuses the analysis, review, and synthesis of workflows to enhance efficiency and productivity. Fredrick Taylor emphasized productivity and efficiency by utilizing scientific principles rather than values and beliefs of employers and employees. Scientific management received a considerable amount of criticism from many theorists and management experts primarily due to the consideration of efficiency and productivity. Taylor focused productivity, effectiveness, and efficiency of workflows and functions rather than the wellbeing of workers and employees. This theoretical framework stressed on the perspective of organizational objectives and they do not ...

[Class Title]

Introduction Recent trends of cost minimization focus on improving production efficiency and the field of engineering has provided a key function towards this end. As a matter of fact, one particular reason why engineers are hired to supervise and manage production plants or factories is because they have strong analytical and scientific background, which is highly applicable in improving production efficiency and cost minimization. Since the start of the 20th century, engineers have helped production industries develop methods on how to maximize production while minimizing costs using analytical and measurable methods. One particular production management method that ...

The Federal Funds Rate Hike

The New York Times, in an article by Binyamin Appelbaum entitled "Fed raises key interest rate for first time in almost a decade" discussed the pronouncement of the Federal Open Market Committee ﴾FOMC﴿ to increase the Federal Funds rate. The decision came exactly seven years after the financial crisis in 2008 when the FOMC reduced its rates to near‐ zero level to prevent the economy from collapsing. The article described the move as signaling the beginning of the end of the Fed 's stimulus program and highlighted the Fed statement that the Fed intends to increase the rates gradually ...

In this assignment we will describe and discuss the application of statistics and probability theory to a real world problem. Our goal is to explore the given data of the results of XRT test and provide readers with the appropriate descriptive statistics and statistical inference. According to the XRT test manual, the XRT© test of intelligence has been designed to measure “fluid intelligence in a way that allows the test user to make excellent predictions about the future job performance of the test taker”. In this paper we should examine the publisher’s claim that the test is free ...

Abstract

Eco literacy involves cultivating social, ecological and emotional intelligence. In their wake, activists and educators display some of the practices of emotionally and socially engaged eco literates. Some of these practices include; embracing sustainability, doing the invisible, understanding nature’s sustainability of life and developing empathy for life. The aim is to enlighten the world with the skills and knowledge an eco-literate need to possess. A proposed framework for the advancement of ecology, environmental education, and humanities has been presented. The dimensions of sustainability explain how to manage risks facing the economy, the environment and the society as well ...

Smithin K R

Natural drought is caused by “the predominant sinking motion of air (subsidence) that results in compressional warming or high pressure, which inhibits cloud formation and results in lower relative humidity and less precipitation” . It is a fact that most droughts, in normal cases, have a definite lifespan before it ends. And there are viable methods through which we can ensure that we don’t overextend its stay. A sound scheme to assess the water scarcity problem, a perfectly laid out plan to eliminate water wastage, and an equally important water distribution mechanism can, in theory, help in reestablishing the ...

A firm currently uses 40,000 workers to produce 180,000 units of output per day. The daily wage per worker is $100, and the price of the firm's output is $28. The cost of other variable inputs is $500,000 per day. (Note: Assume that output is constant at the level of 180,000 units per day.) Assume that total fixed cost equals $1,200,000.

Calculations:

Total Variable Costs = (Number of Workers x Worker’s Daily Wage) + Other Variable Costs TVC = (40 000 x $100) + $500 000 = $4 500 000 Total Costs = Total Variable Costs + Total Fixed Costs ...

Introduction

A number of equipments are used in carrying out experimental activities in the laboratory. Knowledge of the use of these equipments is very critical to the success of experimental activities in the lab as well as ensuring the safety of the components as well as the person carrying out the experiments. 2. Purpose The purpose of this experiment on equipment usage and measurement is to be familiar with the way to properly handle and use laboratory equipment and based on the knowledge of the equipment learnt know how to set up experiments using these equipment. 3. Equipment

The equipment used in this particular laboratory setup include the following

Function generator ...

Summary

This experiment is about the static calibration of a differential pressure transducer. Test measurements are done to find the range of input and output of the transducer, and to determine the “best-fit” line that models how the voltage reading would equate to the real pressure measurement. The input pressure comes from a hydraulic ram with pressure gauge. The output of the differential pressure transducer is in voltage, and is measured by a digital voltmeter. The input pressure is varied from 0 to 6 bar, and the three voltage readings are recorded for each pressure step value.

Introduction

The differential pressure ...

Introduction

Supply chain management (SCM) pertains to the process of managing the general flow of goods and services. In a real life setting, SCM is more focused on the management of the flow of raw materials, especially in industries where the output (i.e. final) products tend to be more complex and sophisticated and where a wide range of supplier or provider firms’ (i.e. business partners) are necessary. A good example would be the case of automobile manufacturing. Automobile manufacturers, in order to come up with their final products which obviously would be the automobiles, have to work with other firms, ...

Business Decision-Making

Business

Executive Summary 2

1.1 Market Research Plan for UK Launch 2 1.2 Research Methodology 3 2.1 Employee Salary Analysis and Calculation 5 3.1 Sales Projection 6 4.1 Management Information System 8

Conclusion 10

Executive Summary Effective decision making is considered as an important factor in identifying a specific problem, analyzing possible solutions, and evaluating possibilities in order to achieve a long-term goal. In this discussion, a case of a new product aiming to enter a new market is in the process of deciding whether to push the plan through or not based on the results of the market research. The product to be ...

2. Learning Activity 1 The evident forces that affect organizations include the regulations, economic and political factors, socio-cultural, demographics, technology, and environment. An interview with a Project Manager of an IT company stated aside from economic factors, competition with rival companies, and the bargaining power of the clients for projects affect the organization (A. Genota, Personal Communication, January 15, 2016). The Project Manager explained that a good economy drives the growth of clients’ orders that consequently benefit the company as services provider. The competition with the rivals and the bargaining power of the clients can significantly cut the company’ ...

The Read/Write (R) Learning Style- Summary

The Read/Write is a convenient learning style that bases on the transmission of information and knowledge through words (Nilson, 2010, p. 232). Students, teachers, and academicians prefer the Read/Write method of learning to the Visual, Auditory, and Kinesthetic methods. The Visual style incorporates the transmission of information in graphs, diagrams, and charts, while the auditory style entails depicting information through speaking and audios. On the other hand, the kinesthetic style of learning incorporates transmission of knowledge by using practice and experience (Blerkom, 2009, p. 24). However, the Read/Write method majorly focuses on individuals’ ability to read widely and write ...

Introduction

Statistics reveal the United States classifies over 99 percent of enterprises as small businesses. Accordingly, “These businesses are responsible for at least half of: private sector employees, highly skilled and trained employees, new jobs created, and the private gross domestic product (nonfarm)” (Fox 77). Effective processes of strategic business and human resource management planning collaborate providing small businesses a competitive edge attaining a market share of their particular industry. Fundamental to this is understanding the role theories play in strategic planning. At the same time, according to Hargis and Bradley, “In contrast to the deliberate, and proactive, structuring of ...

Keynesian and Monetarism economic theories differ on some issues such as the significance of interest rates and agree on others. Keynesian economics is a set of theories which describe how during recession and short run eventualities when economic output is under influence from aggregate demand or the total expenditure in the economy. Monetarism on the on the other hand is an economic theory that focuses on macroeconomic effects of central banking and the supply of money. The theory asserts that the excessive expansion of the money supply is in itself inflationary. It adds that the monetary authorities ought to ...

Assignment 2

[School]

Question 1

a. Excel generated the histograms for this question. The histogram plots are as follows:

b. Using the 1.5XIQR rule for the three scores: Donating Money: 24×1.5=36→Q1-36=-22;Q3+36=74 The “Donating Money” score has three outliers. These three are all exceptionally high ( > 74). The scores are 77, 78 and 91. Helping a Stranger: 17.5×1.5=26.25→Q1-26.25=13.75;Q3+26.25=83.75 Volunteering Time: 16×1.5=24→Q1-16=-11;Q3+16=53

The scores “Helping a Stranger” and “Volunteering Time” do not have outliers.

c. Donating Money: The distribution for Donating score is positively skewed, tailing to the right. There are 3 outliers observed; the values of these outliers are 77, 78, and 91. The ...

Forced ranking is a performance management technique that categorizes workers in preset performance groups. This performance technique is used to rank hard working employees while yanking those whose output may be defined as poor. In 1980s, Jack Welch insisted on using this approach at General Electric (GE), which proved to be quite effective in increasing the company’s business revenue to a great extent. GE was one of the first organizations to apply this output method. Nowadays, many companies around the world utilize this technique. The benefits of this technique incorporate rewarding best performers, pinpointing workers with developmental requirements, ...