Tuesday, December 24, 2019
Medical Center Human Resource Management Plan - 3387 Words
Texoma Medical Center Human Resource Management Plan Angela Gregory Loyola University, New Orleans Abstract The following Human Resource Management Plan is an overview of Texoma Medical Center’s HR department with a series of critiques and plans for possible future planning. It has been written in order to provide both perspective of what already exists and what changes could be made. Included in the following is an overview of possible staffing, recruitment, development, and compensation information for the Texoma Medical Center. Texoma Medical Center Human Resource Management Plan I. Organizational Assessment of the HR Department Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis is a useful technique for understanding the organization’s strengths and weaknesses and for identifying both the opportunities open to the organization and the threats it faces (Manktelow, 2015). A human resources SWOT analysis considers internal and external factors that can either boost or impede the human resources functions within your organization (Goodrich, 2015). The following is a SWOT analysis of the human resources department of Texoma Medical Center in Denison, Texas. (See Appendix A) Strengths Organizational strengths are internal factors that enable HR strategy and functionality (Manktelow, 2015). Texoma Medical Center (TMC) has long been established in the Texoma area. In December of 2010 a new facility was built on aShow MoreRelatedStaffing Plan for Victory Dialysis Center1524 Words  | 6 Pages Staffing Plan A staffing plan provides systems of controlling and monitoring human resource capital and associated costs as well as creating a structure for effective role performance (Gerhart, Hollenbeck, Noe, Wright, 2007). 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Monday, December 16, 2019
Flute Chords Free Essays
Safe and Sound Taylor Swift We Are Never Ever Getting Back Together Taylor Swift Hinahanap – Hanap Kita Daniel Padilla/Rivermaya Kahit Maputi Na Ang Buhok Ko Noel Cabangon Tanging Yaman Reflection (From Disney’s Mulan) I E F G Look at me, E F G G C2 You may think you see E G F E D Who I really am, F F F G E D But you’ll never know me. II E F G Everyday, E F G G C2 C2 it’s as if I play G G F A part. III E F G Now I see, E F G G C2 If I wear a mask, E G F E D I can fool the world, F F F G E D C C but I cannot fool my heart. We will write a custom essay sample on Flute Chords or any similar topic only for you Order Now Chorus: D2 D2 D2 C2 D2 E2 C2 Who is that girl I see? B C2 A Staring straight, G C2 F Back at me. E G C2 C2 E2 E2 F2 D2 D2 When will my reflection show D2 E2 C2 B C2 Who I am inside? (REPEAT III) D2 D2 D2 C2 D2 E2 C2 Who is that girl I see? B C2 A Staring straight, G C2 F Back at me. E G C2 C2 E2 E2 F2 D2 D2 D2 D2E2 C2 D2 When will my reflection show Someone I don’t know? D2 D2 D2 C2 D2 E2 C2 Must I pretend that I’m B C2 A G C2 F Someone else for all time? E G C2 C2 E2 E2 F2 D2 D2 When will my reflection show D2 E2 C2 B D2 C2 Who I am inside? D2 E2 D2 C2 B G F†¦.. E D There’s a heart that must be Free to fly B C2 C2 C2 That burns D2 E2 D2 D2 C2 B with a need to know G A E2 D2 E2 F2 The reason why (REPEAT CHORUS) ENDING: E G C2 C2 E2 E2 F2 D2 D2 When will my reflection show D2 E2 C2 C2 B C2 Who I am inside? C2 C2 C2 C2 C2 C2 What Makes You Beautiful One Direction F            F   F    F You’re insecure F               F       F     C Don’t know what for F             F      F       F         F       F      F          F         F  G A G You’re turning heads when you walk through the door F            F          F    F Don’t need make up F    F   F     C To cover up F     F      F    F     F       F      F F   F G A G Being the way that you are is enough F     A  C2   D2 D2  C2     A     A    A    G Everyone else in the room can see it F    A  C2     D2 C2  A G Everyone else but you [CHORUS] A   G     F      F     F    F      F      F     F    G A   G Baby you light up my world like nobody else A       G       F      F     F     F      F       F      F  G  A        G The way that you flip your hair gets me overwhelmed A       G         F      F     F     F      F        F   F      A     G   G But when you smile at the ground it aint hard to tell A        G        F       G    A You don’t know Oh Oh A        A         A        A          A   G F You don’t know you’re beautiful F   F FÂ à ‚   F      F      F     G  A   G If only you saw what I can see A         G   F      F        F   F    F       F    F     G     A    G You’ll understand why I want you so desperately A          G    F     F     F     F F        F   F    A     G   G Right now I’m looking at you and I can’t believe A        G        F       G    A You don’t know Oh oh A        A         A        A          A   G F   G   A You don’t know you’re beautiful Oh oh A        A         A        A        A   G F That what makes you beautiful F    F    F        F So c-come on F       F   F     C Yo u got it wrong F       F      F       F    F   F   F  F  F  G A G To prove I’m right I put it in a song F    F    F        F I don’t know why F            F   F     C You’re being shy F        F      F    F     F    F     F    F F      G A G And turn away when I look into your eyes F     A  C2   D2 D2  C2     A     A    A    G Everyone else in the room can see it F    A  C2     D2 C2  A G Everyone else but you [REPEAT CHORUS] [BRIDGE] F     A  C2D2D2C2 A  A   G Nana Nana Nana Nanana F     A  C2D2D2C2 Nana Nana Nana F     A  C2D2D2C2 A  A   G Nana Nana Nana Nanana F     A  C2D2D2C2 Nana Nana Nana A   G     F      F     F    F      F      F     F    G A   G Baby you light up my world like nobody else A       G       F      F     F     F      F       F      F  G  A        G The way that you flip your hair gets me overwhelmed A       G         F      F     F     F      F        F   F      A     G   G But when you smile at the ground it aint hard to tell A        G        F       G    A You don’t know Oh Oh A        A         A        A          A   G F You don’t know you’re beautiful [CHORUS 2] A   G     F      F     F    F      F      F     F    G A   G Baby you light up my world like nobody else A       G       F      F     F     F      F       F      F  G  A        G The way that you flip your hair gets me overwhelmed A       G         F      F     F     F      F        F   F      A     G   G But when you smile at the ground it aint hard to tell A        G        F       G    A You don’t know Oh Oh A        A         A        A          A   G F You don’t know you’re beautiful F   F F    F      F      F     G  A   G If only you saw what I can see A         G   F      F        F   F    F       F    F     G     A    G You’ll understand why I want you so desperately A          G    F     F     F     F F        F   F    A     G   G Right now I’m looking at you and I can’t believe A        G        F       G    A You don’t know Oh oh A        A         A        A          A   G F   G   A You don’t know you’re beautiful Oh oh A        A         A        A        A   G F    G   A You don’t know you’re beautiful Oh oh A        A         A        A         A     G F That’s what makes you beautiful My Heart Will Go On (Titanic Theme Song) INTRO: C2 D2 E2 D2 E2 D2 C2 D2 G2 G2 F2 E2 C2 A A A F G C2 D2 E2 D2 E2 D2 C2 D2 G2 G2                                    D2 E2 A2 G2 D2 I C2 C2   C2  C2  B      C2 Every night in my dreams C2 B   C2  C2 E2  D2 I see you, I feel you C2    C2  C2 C2  B     C2   D2  G That is how I know you go on II C2 C2 C2  C2    B      C2 Far across the distance C2     B   C2  C2     E2  D2 And spaces between us C2    C2       C2   C2   B       C2  D2 G You have come to show you go on Chorus: C2 C2 C2 C2 D2  G G2  F2 F2 E2 D2 Near,             far, wherever you are E2 F2 E2  D2  C2     B      C2    B A†¦. G I believe that the heart does   go  on C2 C2 C2 C2 D2     G G2  F2 F2 E2 D2 Once            more you open the door E2      F2       E2   D2 C2    B And you’re here in my heart C2    C2   B        C2  C2  E2  D2  C2 And my heart will go on and on (Repeat I and II, then Chorus) Ending: C2 C2 C2 C2 D2 G G2 F2 F2 E2 D2 E2 F2 E2 D2 C2 B B A C D E D E D C D G G G G G How to cite Flute Chords, Essay examples
Sunday, December 8, 2019
Development of Golf Technology has Influenced Golf Course Design
Question: How the development of golf technology has influenced golf course design? Answer: Introduction The designers of different golf clubs have calibrated with a high moment of inertia within drivers in order to enhance the desired golf playing experiences of the concerned people. It became very important to increase the size of the golf course as per the changing trends throughout the world. This report will help in evaluating the development of the golf technology by getting influenced by the design of golf course. Moreover, the report will reflect the different development phases, components and the need for the geographical appraisal. The construction of the golf course was considered to be very important as it needed the desired complete related to the area and many other things. It is a matter of fact that the origin of the golf is not very clear but it was taken to be developed in the Scotland while the times of Middle Ages (Golf club set to use STW technology, 2012). The game was not very popular until the nineteenth century. Then gradually it started gaining popularity and it reached through the different parts of the United Kingdom, the British Empire as well as the United States. The report will help in reflecting the historical overview of balls used for the game of golf. At the beginning of the game, the wooden balls were preferred by the professionals but due to some of the important reasons the use of the wooden balls were stopped and then the hairy balls were preferred instead of the wooden balls. The Royal Montreal club was the one who started the game of golf in their concerned place. Historical overview The history of the development and the origin of the golf highlight the desired fact that it was supposed to the event of Scottish people. Before 1870, there were 40 clubs founded throughout the Scotland which reached to 111 before the year 1890 and finally, there were 79 clubs that were constructed before the year 1910. The history evaluates the desired fact that the golf was originated from the coastal dunes of the Scotland which consisted of very deemed land and was the lack of fertility essential for the production of agriculture (Shen and Kou, 2012). The previous practitioners of golf found that the holes of the golf were amidst the particular towering of the sand dunes. The Scottish migrants were the one who bought the game in the North America and the first club was Royal Montreal (Daley, 2008). There were several reasons for the development of the golf balls and it is described below in the ball section. There were different types of the balls use such as the wooden balls, ha iry balls and the feathery balls for the execution of the game of golf. Club One of the well known and oldest clubs for golf is the Royal Montreal Golf club. The club has its continuous existence in the North America and it was founded in the year 1873 by the eight gentlemen. The royal title was provided by Queen Victoria and it was the ninth club to obtain this title. The construction of the golf course was quite different from those of the golf course at the present times. There were nine holes in the layout of that golf course in the field of Fletcher. It was then changed in the year 1896 and then remained for near about 60 years that is until the year 1959 (Drought-proof water supply ensures golf course stays green, 2008). The popularity of the game was the only cause which leads to the development of many clubs in Canada and the different parts of the United States (Shen and Kou, 2014). The designing of the golf course was laid and created bay the professionals of the golf course who spent their time by taking out, ending points and starting at the respe ctive holes (Fusser, 2012). They were very keen related to the hazard arrangements for the respective holes before going towards the other job for the golf game. Several clubs were expanded from the 1880s throughout the United States. There were several other clubs which were engaged with the game of golf. Ball The history of the golf ball is considered to be most important as the ball and the stick is considered to be two of most important elements in the game of golf. The ball was developed from a wide variety of phases such as they were made wooden, hairy, gutty, feathery and Haskell. The use of the wooden balls throughout the Scotland is merely assumption having no evidence (Golf Balls, Boomerangs, and Asteroids, 2008). These wooden balls were primarily used throughout the games that were played on the north sides of the country. The shape and the size of the wooden balls were considered to be most important in order to bring out the reliability for the sportsperson concerned. The designing of the balls was in a manner so that it suits the land area as well as it should be smooth in order to enhance the desired experiences of the concerned players. The balls were in the spherical sizes and they did not have the good handling characteristics (Golf Course Architecture, 2016). The balls th at were discovered at the beginning could only be hit up to a distance of 75 meters. Moreover, these balls had the hard wearing shape and were used for covering a distance of 75 meters (Golf club set to use STW technology, 2012). The next was the hairy balls that were used for the game of golf and these were used instead of the wooden ball by the respective users. These hairy balls were originally used in golf which was mainly on the ice. The most important fact was these hairy balls had the good handling characteristics. The distance that could be hit was increased from 75 meters to 1502 meters. It had the more controlling feature than the wooden ball, thus, the use of the ball was significantly increased up to a great extent. But the most important fact was that the hairy ball gets damaged by the effect of water. The weather throughout the east of Scotland keeps dries during the winter season therefore, the ball would remain mitigated (Goodwin, 2010). Thus, these balls were found to be reliable for the use and were continued till decades. The feathery balls were the most famous of all the balls but there is no such evidence which describes that when or where these balls were discovered. This was the most preferred balls for the game of golf. Golf Course construction It was very important for the professionals to study the desired land area and the fertility of the land for the development of the golf course and the construction of the holes at the different places on the field. The construction of the golf course was considered to be most important in order to enhance the reliability of the game. The integration of the landscape was done in order to develop the golf course. It was evident to note that the development of the course has depended on few of the important persons (Goodwin, 2010). The constructors were important as to designed and develop the golf course according to the holes and the field area present there. There were many of the golf courses that were discovered to be as one dimensional. In the year 1923, there were 1903 of total golf courses throughout the United States, the creation of the golf courses was done by having an advantage of different natural contours. In order to develop the golf course, there were some of the peopl e who were very important such as the investors, architects, planning consultants, the building architects, the course managers and the course constructors (Gould and Wilkinson, 2014). The material, as well as the investment, was important for the proper construction as well as the development of the concerned golf courses throughout the United States. The history of the development of the Stanford golf course started as soon as the Stanford students realized its necessity in the year 1920s. at the beginning, the students of Stanford used the Burlingame course for their practice. The construction of the golf course started in the year 19296 taking intensive care in order to preserve the respective oak trees present there, but 75 of them had to be removed critically for the development of the golf course (Scottishgolfhistory.org, 2016). There was the huge requirement of water for the development of the golf course. The capacity of the water was then enlarged to 278,000,000 gallons an d by December, the course became ready and then it got opened in the year 1930. Thomas and bell designed as well as they managed the desired construction of the golf course by using the landscape and the water available. The unique feature of the design proposed by Bell was that it was very natural consisting of all the holes which were usually undefined (Hoisington, 2013). Moreover, the larger part of the construction depends upon the contractor and the estimated cost for the development of the respective course was supposed to be $190000. Therefore, all the above fact highlights that for the construction and development of the golf course the most important is to understand the desired fertility and the suitability of the land area as it will help in making the holes and making the area reliable for the execution of the golf game. Turf maintenance Equipment It was very important for the perfect designing and development of the desired golf course. The development of the turf and the irrigation system was closely related and was very important for maintaining the field of golf smooth. The maintenance of the turf grasses on the golf courses was very important therefore, the turfs have been extended in the past to provide desired reliability while playing the golf to the concerned players (Hoisington, 2013). There were different types of the `vehicles such as tractors or the rollers were used for the development of the golf course. The maintenance of the turfs was most important as they require the regular water supply and it was very important to maintain their proper growth as well as their cutting down in shape. The steel wheel tractor was used for the agricultural use and it was then used for the development and maintenance of the turf grasses (Hudson and Hudson, 2014). The history reveals the desired fact that the green keeper struggl ed in order to improve the quality of the grasses for the golf course but today the technology has helped a lot in bringing out the desired turfgrasses for the golf courses. There was huge pressure on the green keepers to collect and refine the information regarding the development of the turf grasses for the execution of the golf game. The financial support was very important for the collection of the equipment of turf grasses (Moore and Zontek, 2013). Moreover, their maintenance was a major area that needs to be concentrated on. The manufacturer plays the most important role in the development of high efficiency of equipment for maintaining the turf grasses (Plunkett, 2008). The maintenance of the equipment was taken care of as this was important for the development of the turf grasses on which the game of golf was played by the professionals. The professionals considered the development of the turfgrass very important for the reliability of the game of golf. The maintenance was d one in order to make the equipment perform well in making the grasses suitable for the execution of the golf game. Analysis of Development of equipment by Golf course design The designing of the golf technology and its development are inter-related to each other. The history reveals the desired fact that the game of golf started in Scotland. A diverse collection of several golf course equipment were considered to be most important in order to develop the field of golf (Hydranautics releases latest IMSDesign software, 2015). The combination of the tools, vehicles, and the specialized equipment helps in maintaining the desired condition for the game of golf. The crew members help in maintaining the perfect playing conditions on the field for golf. In many of the areas or the concerned field the lawn, movers are considered to be very important as they help in enhancing the desired playing condition of the golf course. There is a crucial requirement of the specialized tools as well as the equipment for the development and the execution of the game. One of the most important equipment was the Mowing Equipment and it consumed most of the time in maintenance oa f day to day activities of the golf course. The designing of the golf course was considered to be most important for providing the smooth experience to the professionals. Therefore, the machinery equipment was considered to be most useful in bringing up the desired experiences for the golf course. This report critically evaluates the desired facts highlighting the golf clubs and the development of the balls as well as the golf-course design (Golf Course Architecture, 2016). It has been seen that there are very fewer mowers that can move from a particular area towards the other area, therefore, it becomes very important to use separate mowers in for the development of the concerned golf course. The green mowers are considered to be very important for the development of the golf course in between all other mowers. The green mowers prepare the putting surface of the concerned of the playing field is considered to be used widely for the low height of the cut. Most of the green mowers ar e developed in such a way as to seat for the operator and it consists of a utility vehicle as well as the trailer through which the concerned operator can go through the green field (Modern radio production, 2013). On the other hand, there are triplex mowers that are used for the mowing of green tees and the desired approaches, Moreover, they can also be used for the intermediate roughs and the even areas throughout the green field. The designing of the ball is another important factor for the golf course as there are many of the well-known professionals of the golf field that considers it to be used most importantly. Therefore, the mowers are used as per the different heights of the ground at the different places of the golf course. The development of the golf technology crucially depends on the development of the design of golf (Johnson et al., 2012). The quality of the turfgrasses throughout the golf course was considered very important as it critically enhances the quality of th e game. There are different types of the mowers that come along different varieties in order to put green within the golf course. These are the walk-behind mowers and the triplex mowers. The triplex mowers are the riding mowers that are used consisting of three units of cutting including three of the important vehicles. These wheels play the most important role in bringing out the desired results for the maintenance of the golf course with the help of the vehicle. The walking mowing is preferred in order to produce the best quality of the work in cutting and related to the maintaining of the golf course field. On the other hand, it considers the highest quality of the green conditioning (Kearns, Kearns, and profile, 2013). It is evident to know that the green mower requires the desired and suitable amount of time and the concerned resources for its completion. The riding of the triplex mowers are large as well as they provide the most efficient results but the difficulty is in setti ng the three units of the cutting to yield. It becomes very important for the professionals as well as the green keeper to maintain the high level of cutting and high level of quality of the golf course. Moreover, it is kept in mind the maintenance should not affect the greenery of the playground as this keeps the quality of appearance of the green field. All of the green mowers area considered to be the reel mowers for the green field as they enhance the reliability of the entire golf course (Luo, 2012). It becomes very important to analyze the description of a putting green reel mower; it consists of nine blades as well as fifteen blades on each reel which usually spins vertically in order to use the scissoring action against the respective bed knife which is fixed. Some of the other mowers that help in designing as well as maintaining the golf course field are tee mowers, greens collar mower, the approach mower and the fairy mower. Conclusion This report helps in evaluating the desired facts related to the development of the golf technology by getting influenced by the golf course design. The history assesses the desired fact that the golf was started off from the coastal dunes of the Scotland which consisted of very deemed land and was the lack of fertility essential for the production of agriculture. One of the well was known and oldest clubs for golf is the Royal Montreal Golf club. The ball was developed from a wide variety of phases such as they were made wooden, hairy, gutty, feathery and Haskell. The feathery balls were the most famous of all the balls but there is no such evidence which describes that when or where these balls were discovered. The combination of the tools, vehicles, and the specialized equipment helps in maintaining the desired condition for the game of golf. One of the most important equipment was the Mowing Equipment and it consumed most of the time in maintenance oaf day to day activities of th e golf course. The green mowers are considered to be very important for the development of the golf course in between all other mowers. Therefore, the report suggests that the designing of the golf course was considered to be very important for the development of the game of golf. References Daley, P. (2008).Golf architecture. Glen Waverley, Vic.: Full Swing Golf Pub. Drought-proof water supply ensures golf course stays green. (2008).Membrane Technology, 2008(8), p.7. Fusser, K. (2012).Weight training for golf. Chicago, IL: Price World Pub. Golf Balls, Boomerangs, and Asteroids. (2008). Wiley-VCH. Golf club set to use STW technology. (2012).Membrane Technology, 2012(10),p.6. Golf Course Architecture. (2016).Sanford Design and Nicklaus Design collaborate for new Florida project. [online] Available at: https://www.golfcoursearchitecture.net/content/sanford-design-and-nicklaus-design-collaborate-for-new-florida-project [Accessed 12 Mar. 2016]. Golf Course Architecture. (2016).The birth of the modern. [online] Available at: https://www.golfcoursearchitecture.net/content/The-birth-of-the-modern [Accessed 12 Mar. 2016]. Goodwin, S. (2010).Dream golf. Chapel Hill, N.C.: Algonquin Books of Chapel Hill. Goodwin, S. (2010).Dream golf. Chapel Hill, N.C.: Algonquin Books of Chapel Hill. Gould, S. and Wilkinson, D. (2014).The Golf Delusion. New York: Elliott Thompson. Hoisington, C. (2013).Android Boot Camp for developers using Java, comprehensive. Boston, Mass.: Course Technology Cengage Learning. Hoisington, C. (2013).Android Boot Camp for developers using Java, comprehensive. Boston, Mass.: Course Technology Cengage Learning. Hudson, S. and Hudson, L. (2014).Golf Tourism. Oxford: Goodfellow Publishers Ltd. Hydranautics releases latest IMSDesign software. (2015).Membrane Technology, 2015(5), pp.5-6. Johnson, P., Van Dyke, A., Hodgson, E., Murray, M. and Kopp, K. (2012). Interest, Incentives, and Education Towards Organic Golf Course Management: A Study of Utah Golf Course Superintendents.ATS. Kearns, T., Kearns, T. and profile, V. (2013).Adventures in Golf Course Architecture: A Brief History of North American Golf Course Design (Part 1). [online] Adventuresingca.blogspot.in. Available at: https://adventuresingca.blogspot.in/2013/01/a-brief-history-of-north-american-golf.html [Accessed 12 Mar. 2016]. Luo, J. (2012).Soft computing in information communication technology. Berlin: Springer. Modern radio production. (2013). Belmont: Wadsworth. Moore, J. and Zontek, S. (2013). Review and Historical Perspective of the USGA Green Section Specifications for Golf Course Green Construction.Applied Turfgrass Science, 10(1), p.0. Plunkett, J. (2008).Plunkett's sports industry almanac 2009. Houston, Tex.: Plunkett Research Ltd. Professional Disc Golf Association. (2008).Disc Golf Course Design Development. [online] Available at: https://www.pdga.com/course-development [Accessed 12 Mar. 2016]. Scottishgolfhistory.org. (2016).History of early golf balls - Scottish Golf History. [online] Available at: https://www.scottishgolfhistory.org/origin-of-golf-terms/golf-ball-feathery-gutty-haskell/ [Accessed 12 Mar. 2016]. Shen, K., and Kou, X. (2012). Study on Environmental Crisis and Construction of Golf Course.AMR, 524-527, pp.3251-3255. Shen, K., and Kou, X. (2014). Study on Environmental Issues of Golf Course Construction in China.AMR, 955-959, pp.4133-4137.
Saturday, November 30, 2019
Wilkerson Case Solutions Essay Example
Wilkerson Case Solutions Paper I _ Describe in words how costs are assigned in the Willpowers current costing system. Discuss the pros and cons of this system. Wilkinson uses a simple traditional cost accounting system in which each unit of product is charged for direct material, direct labor and overhead COStS_ Material cost is based on the prices paid for component under annual purchasing agreements. Labor cost is charged to products based on the standard run times for each product. Labor rates, including fringe benefits, were $25 per hour. The overhead costs are allocated to products as a percentage f production-run direct labor cost. Currently, the overhead rate is 300% of production-run direct labor cost. The current cost accounting system is consistent with traditional costing system required for external financial reporting. Traditional costing is attractive to financial reporting because it better matches costs with revenues, All manufacturing costs are assigned to products in order to property match the costs of producing units of product with their revenues when they are sold. Financial reporting standards explicitly require companies to use traditional costing for external reporting purposes. However, traditional cost accounting methods suffer from several defects that can result in distorted costs for decision-making purposes. All manufacturing costs, even those that are not caused by any specific product, are allocated to products. Manufacturing costs that are caused by products are not assigned to products. Additionally, traditional methods tend to place too much reliance on unit-level allocation bases such as direct labor and machine-hours. This results in overcastting high-volume products and undercoating low-volume products and an lead to mistakes when making decisions. We will write a custom essay sample on Wilkerson Case Solutions specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Wilkerson Case Solutions specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Wilkerson Case Solutions specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Compute Activity-Based Costing product costs using 1) actual cost driver rates, and 2) capacity-based cost driver rates. Which of these approaches is appropriate for Wilkinson and why? From the results of Activity Based Costing and Capacity based costing methods, we see that Wilkinson shows a lower cost based from the BBC method. It is more appropriate for Wilkinson to use the BBC method since it shows a more realistic per unit cost based on different level of activities. This may allow them to find says to be more competitive on product pricing in the market. . What managerial actions are indicated by the activity based costing system? Prom the activity based costing system the management will be able to see the products cost structure and be able identify activities that would benefit from process improvements. When used in this way, activity-based costing is referred to as activity-based management. Management can focus on which activities to eliminate waste, decrease processing time, and/or reduce defects. The first Step in any improvement program is for the management to decide hat to improve. The products cost computed in activity-based costing can provide valuable clues concerning where there is waste and opportunity for improvement. For example, looking at the Pumps and Flow Controller, managers at Wilkinson may conclude that the company spends far more on receiving and production control, and packaging and shipping activities that adds no value to the products. As a consequence, they may target their process improvement efforts toward these areas. Improvements on these areas could enable the company to gain competitive edge on pricing these products. Describe the additional accounting effort that Wilkinson would need to do to on a regular monthly basis in order to obtain the information shown in Exhibit 4 Estimate the cost to this additional accounting. To continue to obtain the information shown in Exhibit 4 on a regular monthly basis would require much more effort from the Wilkinson accounting team. Similar to what was already done, Wilkinson will need to run a small task force on a monthly basis so that data concerning numerous activity measures are collected, checked, and entered into the system. This Avail be necessary to appropriately allocate various overhead costs to individual products instead of traditionally treating overhead as a period cost. Although the activity based costing method can provide more accurate information about individual product or services, the organization should expect to hue increased costs due to additional research efforts to collect and appropriately allocate overhead costs. We estimate that the additional effort associated With activity based costing system can increase accounting cost by approximately 25%.
Tuesday, November 26, 2019
Where to Find FreeSSAT Practice Tests Complete Collection
Where to Find FreeSSAT Practice Tests Complete Collection SAT / ACT Prep Online Guides and Tips If you (or your child) are applying to a private or independent elementary, middle, or high school, you may have heard of the SSAT. Often used as an entrance exam, the SSAT is a series of standardized tests that can be administered to students in grades 3-11. The SSAT, or Secondary School Admissions Test, is a standardized exam often given to students hoping to enter a private or independent elementary, middle, or high school. If you want to boost your chances of getting into one of these schools, working on SSAT practice tests is a great way to do it. Here, I’ll discuss where you can find these practice tests (both official and unofficial), and how you should use them. I’ll wrap up with important SSAT test-taking tips. What’s on the SSAT? There are three different levels of SSAT tests. The number and type of questions on the test will depend on students’ grade level: Elementary Level - For students applying to grades 4-5 Middle Level - For students applying to grades 6-8 High School Level - For students applying to grades 9-12 Although the content will vary based on level, you’ll find these sections on each of the tests: An unscored writing sample A quantitative/mathematics section A reading comprehension section A verbal section Official SSAT Practice Tests When it comes to preparing for any standardized test, official practice tests or sample questions are the gold standard for study material. Using real SSAT questions will help you better understand exactly what you should expect on test day. Unfortunately, there aren’t a ton of official practice materials out there - not as many students prep for the SSAT as for other standardized tests (like the SAT or ACT). Here’s where you can find these official materials: Sample Questions The SSAT publishes official sample questions for each level of the exam. These are free, but the amount of material available is extremely limited: Elementary-level sample questions Middle-level sample questions Upper-level sample questions The SSAT Official Guides The makers of the SSAT publish official test prep guides that include sample questions and full-length practice tests. These are the best available sources for practice materials, as the other official resources don’t give students many problems to work with. To get your hands on the most recent Middle and Upper-Level Official Guides (2015-2016), you’ll have to purchase them through the SSAT website. These guides include two full-length practice tests, scoring instructions and explanations, descriptions of question types, and information about registering for the SSAT. Both the Upper and Middle-Level guides cost $37 through the site. The most recent Elementary-Level Guides (2015-2016) arefree to download through the SSAT site, although they include less information and less practice material than the guides available for purchase. They eachinclude one half-length practice test, info on test format and question types, sample testing schedule, test day info, and preparation advice. There are separate guides available for students in Grade 3 and Grade 4. How to Use Official SSAT Practice Tests and Questions Because official practice problems are hard to come by, you’ll want to be careful with how you use them. Like I mentioned, using official SSAT tests is really important when it comes to getting a feel for different question types and overall test format. I encourage you to save any full-length tests for mimicking real testing conditions. This means following through with all test policies and timing instructions in a controlled setting - it’s best if you can sit through an entire practice test all at once. This will give you the best idea of what your performance will be like on the actual exam. As for the sampling of official SSAT questions provided on the website? These are great for question analysis. As part of your study plan, spend some time looking closely at these questions and thinking about what they’re asking and how they’re written (spend extra time on questions you get wrong). Official SSAT questions have their own style and logic (unofficial sources usually aren’t great at imitating these sorts of questions). If you notice you’re having difficulty with a certain question type, these sample questions will serve as great practice and review. You don’t need to replicate exact testing conditions, but you’ll get the best practice experience if you treat full-length tests like the real thing. Unofficial SSAT Practice Tests Since there isn’t that much practice material for the SSAT, you may end up turning to unofficial sources for practice tests. Ivy Global Ivy Global has free questions organized by level and section. They may be helpful for reviewing test content, but they shouldn’t be used to get a feel for actual SSAT questions and format - the style in which the questions are presented are pretty different from the actual test. The materials available for download are best used if you print them out and work on them by hand since the actual SSAT is done on paper, not on the computer. Varsity Tutors Varsity Tutors offers free Upper-level and Middle-level practice, with questions organized by skill type. These might serve well as supplemental material, but don’t expect them to look like official SSAT practice problems. 4tests.com The questions on 4test.com aren’t particularly similar to what you’d see on the SSAT. You can only see one question at a time, and you can only work on them online. Key SSAT Test Taking Tips Now that you have access to all of this prep material, you may be wondering what to do with it. Follow these tips and strategies to get the most out of your SSAT prep. Start With a Real Baseline Start with a full SSAT test to get a baseline score. It’s important to use an official test for this, as unofficial diagnostic tests won’t give you a good sense of what the SSAT is like or what your strengths and weaknesses are. You can’t get a valid baseline score without using one of those official SSAT practice tests. Practice Skills and Review Content With Unofficial Materials Supplements Once you have your baseline, analyze your mistakes and errors (link out) and focus on your weaknesses. Most serious weaknesses will be in content comprehension - use study materials like textbooks and notes to raise your scores. Use Official SSATs as Full Practice Tests After you’ve spent some time improving on your weaknesses, use official practice tests to test your knowledge and gain familiarity with test formatting. Take these exams under real testing conditions - time them properly and work in a quiet room with no distractions. What’s Next? The SSATsaren’t the only standardized tests out there for younger students. Read more about ACT Aspire and get your hands on official practice tests. Thinking about the future? Read about whether you should start prepping for the SAT/ACT in 7th or 8th grade.
Friday, November 22, 2019
Biography of Queen Alexandra
Biography of Queen Alexandra Queen Alexandra (December 1, 1844 – November 20, 1925) was the longest-serving Princess of Wales in British history. She was the wife of King Edward VII, the successor to Queen Victoria. Although her public duties were limited, Alexandra became a style icon and did significant charity work in her lifetime. Fast Facts: Queen Alexandra Full Name: Alexandra Caroline Marie Charlotte Louise JuliaOccupation: Queen of the United Kingdom and Empress of IndiaBorn: December 1, 1844 in Copenhagen, DenmarkDied: November 20, 1925 in Norfolk, EnglandKnown For: Born a princess of Denmark; married Queen Victorias son and heir; as queen, held little political power but was influential in fashion and charity workSpouse: King Edward VII (m. 1863-1910)Children: Prince Albert Victor; Prince George (later King George V); Louise, Princess Royal; Princess Victoria, Princess Maud (later Queen Maud of Norway); Prince Alexander John Princess of Denmark Born Princess Alexandra Caroline Marie Charlotte Louise Julia of Denmark, Alexandra was known to her family as â€Å"Alix.†She was born at the Yellow Palace in Copenhagen on December 1, 1844. Her parents were minor royalty: Prince Christian of Schleswig-Holstein-Sonderburg-Glà ¼cksburg and Princess Louise of Hesse-Kassel. Although they were members of the Danish royal family, Alexandras family lived a comparatively low-key life. Her father Christian’s income came only from his army commission. Alexandra had several siblings, but was closest to her sister Dagmar (who would later become Maria Feodorovna, Empress of Russia). Their family was close with Hans Christian Andersen, who occasionally visited to tell the children stories. The Danish royal family became more complicated in 1848, when King Christian VIII died and his son, Frederick, became king. Frederick was childless, and because he ruled both Denmark and Schleswig-Holstein, which had differing succession laws, a crisis arose. The ultimate outcome was that Alexandra’s father became the heir to Frederick in both regions. This change elevated Alexandra’s status, as she became the daughter of a future king. However, the family remained outside of court life, partially due to their disapproval of Frederick. Princess of Wales Alexandra was not Queen Victoria and Prince Albert’s first choice to marry their son, Prince Albert Edward. Nevertheless, Alexandra was introduced to the Prince of Wales by his sister, Princess Victoria, in 1861. After a courtship, Edward proposed in September of 1862, and the couple were married on March 10, 1863 at St. George’s Chapel at Windsor Castle. The wedding was a less festive occasion than many had hoped for, since the court was still in mourning for Prince Albert, who had died in December 1861. Alexandra gave birth to their first child, Prince Albert Victor, in 1864. The couple would go on to have a total of six children (including one who died at birth). Alexandra preferred to be a hands-on mother, but she also continued to enjoy her social life, carrying on hobbies such as hunting and ice skating. The couple were the center of society, bringing a youthful fun to a court long-dominated by a strict (and now mourning) queen. Even after rheumatic fever left her with a permanent limp, Alexandra was noted for being a charming and cheerful woman. Although most accounts seem to show that Edward and Alexandra had a fairly happy marriage, Edwards affection for his wife did not stop the prince from continuing his infamous playboy ways. He carried on several affairs throughout their marriage, both flings and long-term extramarital relationships, while Alexandra remained faithful. She became increasingly isolated, due to a hereditary condition that caused her to slowly lose hearing. Edward ran in scandalous circles and was very nearly implicated in at least one divorce hearing. As Princess of Wales, Alexandra performed many public duties, taking on the burden of some of her mother-in-law Victoria’s public appearances such as opening ceremonies, attending concerts, visiting hospitals, and otherwise conducting charity works. She was a popular young addition to the monarchy and was almost universally liked by the British public. In the early 1890s, Alexandra and her family suffered multiple losses that would also change the course of two monarchies. Prince Albert Victor, her eldest son, died in 1892 at the age of 28 after falling ill during a flu pandemic. His death devastated Alexandra. Albert Victors younger brother, George, became the heir and even married Albert Victor’s former fiancà ©e, Mary of Teck; it is from this line that the current British monarchy descends. Alexandra’s sister Dagmar also suffered a major loss in 1894: her husband, the Russian Tsar Alexander III, died. Dagmars son took the throne as Nicholas II. He would be the last tsar of Russia. Queen At Last Edward was the longest-serving Prince of Wales in history during his lifetime. (He was surpassed by his descendant Prince Charles in 2017.) However, he finally ascended to the throne upon Queen Victoria’s death in 1901. By this time, Edward’s taste for excess was catching up to him and his health, so Alexandra had to appear in his place for a few events. This was the only time that Alexandra was permitted to be involved in matters of importance. She held political opinions (for example, she was wary of German expansion from the beginning) but was ignored when she expressed them in both public and private. Ironically, her distrust proved prescient: she urged against the British and Germans â€Å"swapping†dominion over a pair of islands, which the Germans ended up using as a fortified stronghold during the world wars. Edward and his ministers went so far as to exclude her from trips abroad and forbid her to read briefing papers so that she would not try to exert any influence. Instead, she poured her efforts into charity work. On one occasion, however, Alexandra broke protocol and appeared publicly in a political context. In 1910, she became the first queen consort to visit the House of Commons and watch a debate. She would not be queen consort for long, though. Only a few months later, she was on a trip to Greece, visiting her brother, King George I, when she received word that Edward was seriously ill. Alexandra made it back in time to say goodbye to Edward, who died on May 6, 1910 after a bout of bronchitis and a series of heart attacks. Their son became King George V. Later Years and Legacy As the queen mother, Alexandra mostly continued her duties as she had as queen consort, focusing her efforts on charity work with a side of anti-German cajoling. Her generosity was renowned, as she willingly sent money to anyone who wrote to her asking for help. She lived to see her fears about the Germans realized with the outbreak of World War I, and rejoiced when her son changed the royal family’s name to Windsor to avoid German associations. Alexandra suffered another personal loss when her nephew, Nicholas II, was overthrown during the Russian Revolution. Her sister Dagmar was rescued and came to stay with Alexandra, but her son George V refused to offer asylum to Nicholas and his immediate family; they were murdered in 1917 by the Bolshevik revolutionaries. In the last years of her life, Alexandra’s health declined, and she died from a heart attack on November 20, 1925. She was buried at Windsor Castle next to Edward. A popular royal in life and death, Alexandra was mourned deeply by the British public, and she became the namesake for everything from palaces to ships to streets. Although she was not permitted any political influence, she was a style icon for the women of her time and defined an entire era of fashion. Her legacy was not one of politics, but of personal popularity and boundless generosity. Sources Battiscombe, Georgina. Queen Alexandra. Constable, 1969.Duff, David. Alexandra: Princess and Queen. Wm Collins Sons Co, 1980.â€Å"Edward VII.†BBC, bbc.co.uk/history/historic_figures/edward_vii_king.shtml.
Wednesday, November 20, 2019
Management information system Assignment Example | Topics and Well Written Essays - 1500 words
Management information system - Assignment Example Membership level is categorised in three levels: red membership, green membership and white membership. This open space has free internet access, a coffee shop, among other things that make one comfortable while working. The mission statement of the company is to spread the impact. The impact here refers to betterment of life that comes by provision of good working environment. By ensuring quality services to customers and good payment to workers, the company spreads the impact. BPO’s has become and emerging trend and many organisations are adopting this kind of business stracture. As a result, it is important to understand the external environment and how it affects the business. This section will use Porter’s Five Force Model to evaluate opportunities and threats to iTech. It will look into threat of entry, threat of substitute, bargaining power of buyers, bargaining power of suppliers and the extent of rivalry between iTech and other competitors. This is a new venture that most organisations are competing for. Initial cost of starting a BPO is high, however it has good returns. This makes this venture worth undertaking and many businesses with attempt to enter the market and offer competition. However, iTech has taken roots. It has been operation for the last 15 years. In addition to that, it is well experienced in the field. Therefore, if other firms find their way into the market, they will still have to work for a couple of years to gain enough experience for their influence to be felt. iTech has succeeded in dominating the market share. It has captured almost all suppliers and customers. This means that for new firms to succeed, it will take time to earn trust and confidence from loyal customers of iTech. Finally, as it has been stated above, iTech offers both BPO and open space services. With this differentiation of services, it gives community with types of services which a new entrant may not be in the position of
Tuesday, November 19, 2019
Writer's choice Assignment Example | Topics and Well Written Essays - 250 words - 6
Writer's choice - Assignment Example It can also be used to assess whether or not high-priority objectives in the strategic plan are being achieved. In some cases, especially large organizations that have complex processes and relationships, a strategic audit can be employed in monitoring changes in the external environment and providing clues as to areas that need improvement. For some firms, a strategic audit is an instrument for fine-tuning effective corporate strategies with the intention that it continues supporting minor internal and external changes that can occur. Overall, a strategic audit is a vital and almost irreplaceable aspect of organizational strategy and success. If used correctly, it is a source of competitive advantage because it allows companies to understand their strategic orientation and measure it against its internal and external environment to provide a clear view of current and future operations (Gong, 2013). Previous and current research has shown that effective and efficient strategic audits are directly proportional to organizations’ understanding of their markets and competitors. As an enterprise expands, strategic audit becomes increasingly important as it becomes more interconnected with performance and market
Saturday, November 16, 2019
Career Objectives Essay Example for Free
Career Objectives Essay My career objective is to develop and build-up manpower with practical knowledge and problem solving skills to expand small and medium agribusiness enterprises and improve the productivity of agribusiness value chain in agricultural industry and also in my country. Also I plan to apply acquired knowledge and practical skills from TAMU to up-scale agribusiness management, farmer producer organizations and groups, agribusiness supply chain management and improve agribusiness marketing of processed commodities and small business enterprise development. To be involved in international research, outreach programs and teaching in various aspects of agribusiness management and Enterprise Development. These activities inform our domestic efforts and enable me to address important problems and opportunities in my countrys (Nigeria) agribusiness supply chain and Enterprise Development. Also to help in the attainment of the national objective of poverty alleviation and food security in my country as envisage by the Agricultural Perspective Plan (APP) through assured and efficient agricultural marketing system. To create environment for incentive price of the farmers at the same time help the consumers in their access to agricultural produces at a comfortable price. To carry out relevant agriculture marketing research activities to support the future marketing policies and programs. To facilitate and support agro entrepreneurs association for promoting agribusiness and export from Nigeria. To construct and strengthen agriculture marketing infrastructure. Commercialization of the agriculture has been my priority at the recent time which has increased substantial market surplus of various agricultural commodities, like vegetables, fruits, species, cash crops and other agricultural products within the country. With the increase in volume of marketable surplus, the need for assured market outlet has become very necessary. This calls for improvement is the my overall interest.
Thursday, November 14, 2019
The 20th centurys 3 greatest composers Essay -- Stravinsky Copland
The 20th century's 3 Greatest Composers The 20th century has watched many musicians break through their generation's bounds of normalcy to creat a completely new music. Musicians who initiated revolutions so grandiose that the impactâ€â€like an earthquake’s aftershocksâ€â€would reverberate for decades and influence scores of musicians to come. Such influences can be traced back to three specific composers. Igor Stravinsky, Aaron Copland, and Nadia Boulanger: the triumvirate of 20th century music. Igor Stravinsky, remains the century’s most shocking and versatile composer. Born in Russia in 1882, Stravinsky enjoyed a musically wealthy childhood. He was the son of a famous opera singer and well-educated in piano performance and harmony/counterpoint. His parents sent him to St. Petersburg University to obtain a Criminal Law/Legal Philosophy degree. While attending school, Stravinsky befriended a young man whose father, Rimsky-Korsokav, later developed a special affinity for Stravinksy’s music (Nousiainen). Because Stravinsky was not schooled in traditional techniques, Rimsky-Korsakov advised him to continue private harmony and counterpoint lessons, rather than attend a formal conservatory. Rimsky-Korsakov, professor at such an institution, thought the rigorous atmosphere might overwhelm and discourage the young composer (Walsh). Despite this lack of formal training, Stravinsky created some of the 20th century's most profound pieces. The Rite of Spring, Stravinsky’s most notable music contribution, was commissioned by Sergei Diaghilev for the Ballets Russes. For readers unfamiliar with the ballet, Rite choreographs the story of an ancient tribe’s sacrifice of an adolescent virgin whom, in order to save the Earth,... ... of you. What an impression you have left with the music-lovers around the world!†(â€Å"Letter†). This impact is Nadia Boulanger remains the most significant figure of 20th century music. FOOTNOTES [1] This abstract sketch was Stravinsky’s response when author, Robert Craft, asked him to draw his music.The drawing is comparable to the abstract nature of Stravinsky’s compositions (Craft). [2]The phrase â€Å"Appalachian Spring†was first coined by poet Hart Crane.Martha Graham copied his words for her ballet’s already-finished score, which, until then, Copland had modestly titled â€Å"Ballet for Martha†[3] Tanglewood is a premier music academy founded by Boston Symphony director, Serge Koussevitsky, in 1940.His goal was to provide a place for budding musicians to study with orchestra musicians and other world class artists
Monday, November 11, 2019
Progressivism DBQ
I was surprised to learn about your passion to do good for other would be honored to fulfill your wish of Glenn away one million dollars. Through our discussions, you have made me realize there Is another America that people do not II eke to talk about. We talked about the meat packing plant, child labor, and women's right s. After much thought, I have decided to give $600,000 to the meat packing plant, $300,000 to child labor, and $100,000 to women's rights.I have decided to give $600,000 to the meat packing plant. According to Document D, there was â€Å"meat that had tumbled out on the floor, in the dirt and said just, where the workers had tramped and spit†(Doc D). It also states that â€Å"thousands of RA TTS would race about†on the pile of dirty meat, and there would be â€Å"handfuls of the dried d dung of rats†(Doc D). This kind of disgusting work ethic had many people sick and dying.To get rid of the rats, the packers would put â€Å"poisoned bread o ut for them†, an d hen after they would die, the dead rats, the poisoned bread, and the meat would all be pushed into the hoppers together (Doc D). It is disheartening that the workers of this industry did not care about this dirty contamination. These are Just some of the areas ones that I have made my decision to give the most amount of money to this Industry In hopes that they will make It Into a respectable operation. With this money, they wool be able to rebuild a new company making it more reliable and cleaner for the people.
Saturday, November 9, 2019
Eagle Airlines
[pic] Eagle Airlines Business Decisions with Data Models Assignment on Risk Analysis Team Members: Sfykti Dimitra Goumas Evangelos Manikas Athanasios Papaspirou Yiannis As assigned by Mr. Hadjistelios, President of Eagle Airlines, a simulation analysis is developed in order to evaluate company’s intention to proceed with the purchase of a new aircraft. According to the President’s estimations, the uncertain parameters which affect the annual cash flow are the below; 1. Hours flown 2. Charter Price/Hour 3. Ticket Price/Hour 4. Capacity of Scheduled flights 5. Ratio of charter flights 6.Operating Cost/hour The main assumption to work upon the scenarios is that the numbers generated for the different variables remain the same across the years. Initially, a base scenario is built and a profit-and-loss account for a typical year of operation is derived using the most likely values of the different parameters. Upon construction of the base scenario, the optimistic and pessimi stic scenarios are also formulated in accordance to the assumptions by the President in respect to possible variations to higher and lower values than the most likely ones used for the base scenario.For all three scenarios, the demand/cash flow is calculated revealing a wide range of values (from â‚ ¬273. 180 to -â‚ ¬39. 040) among the 3 possible cash flows. In addition, the one-way sensitivity analysis conducted for all six uncertain parameters demonstrate the impact of each parameter on annual cash flow and by the designation of a scatter plot, we can identify to what range of values every uncertain parameter affects the demand. Upon that, a Tornado diagram is plotted in order to visually demonstrate the range of impact of each parameter.According to the diagram, ticket prices/hour and capacity of Scheduled flights seem to be the two important parameters that most influence the annual cash flow, whereas the ratio of charted flights and operating cost/hour are the ones affect the least. Following this determination, a two-way sensitivity analysis is implemented and the outputs shown in a 3D plot illustrate a one-level relationship between the variables. By assuming that the probability distributions are the ones assessed by Mr. Hadjistelios, a test scenario is run using the @RISK add-in with 50. 00 iterations and the results’ interpretation is described below. Interpretation of results The basic data and the main decision factors to be taken into consideration by the President are raised below in order to provide substantial argumentation for the final business decision. ? According to the given data, the annual cash flow of the base scenario is â‚ ¬46. 184, less than the breakeven point by â‚ ¬7. 513. Therefore, in case the base scenario will actually happen, the company will need more than a 5-year lifetime in order to pay out the investment of the new aero plane. In the optimistic scenario, the annual cash flow is â‚ ¬273. 180 and the difference from the breakeven point is â‚ ¬219. 483. According to this scenario, the investment is highly profitable and will be paid off by the end of the first year while a number of approximately â‚ ¬93. 180 profits will be generated. ? In the pessimistic scenario, the annual cash flow is – â‚ ¬39. 040 and the difference from the breakeven point is â‚ ¬92. 737. , which is a bad scenario but at the same time quite unlikely to happen. According to @RISK analysis, as illustrated in the figure below, some important observations are derived; [pic] The probability that the investment will be profitable within a 5-year lifetime is 73. 4%, meaning that the annual cash flow will be greater than the breakeven point of â‚ ¬53. 697. ? The probability the annual cash flow to be less than the breakeven point is 26. 6%, as presented in the graph above. ? However, it is important to refer that the same probability (26. 6%) applies for the company to generate cash over ↚ ¬96. 511. The above implies the fact that if in one year the cash flow is below breakeven point, this under the same probability can be offset by another year’s revenues. [pic] According to the normal probability distribution, the expected value (mean) is approximately â‚ ¬77. 342 that actually is translated into a â‚ ¬23. 645 return on investment. ? A probability over 50% that the company will generate cash flow of at least â‚ ¬74. 467 (median) which represents the 40% of the aeroplane current value. ? However, another important statistical parameter to be taken into account is the standard deviation of â‚ ¬35. 257 that describes a quite wide dispersion/variability of the probability distribution. ? If we do not take into consideration the discount rate of 15%, then the breakeven point will be 36. 00 (180. 000/5) and the probability of the investment to be profitable is 89%. ? In case the company self-funds the purchase out of the cash surplus of the company, t he investment seems to be less risky since potential deviation from the breakeven point does not imply financial obligations to third parties, such as banks (loans and interest rates). [pic] ? The probability that the investment will be paid off already by the end of the first year is 0. 7% while the probability that the company will generate negative values by the end of the first year is 0. % which seems a quite extreme case, with a smallest value of -â‚ ¬22. 642. [pic] ? However, it should be considered that the company operates a number of business parts and it is being taxed for the total activities as a whole, thus with a tax rate of 33% the actual loss will be â‚ ¬22. 642 * 0. 67 =â‚ ¬15. 170, with the assumption that the company is profitable overall. Another important factor to consider is the operations’ expansions by 33% with the purchase of one additional aircraft to the current equipment of the three twin – engine aircrafts which provide charter f lights and scheduled commuter services.The company may redefine the strategy and decide to add new destinations in the services, currently limited to south Balkans, so as under the promising prospects analysed above, to further strengthen the company’s brand name and grow the Share of Market (SoM). The above can be well justified considering both cases of charter and scheduled flights. On the one hand, in respect to charter flights the company seems to have already identified available ground to grow by further building on the level of service.On the other hand, the scheduled flights, currently holding a percentage of 60%, represent the variable that mostly affects the cash flow, according to Tornado diagram. This in combination with the fact that the company â€Å"had slightly more control over the ticket price per/hour of scheduled flights†demonstrates a high future development potential with a thorough strategy. The critical service category in the context of the n ew investment risk analysis for Eagle airlines to analyze is Scheduled flights.Ticket prices/hour and capacity of Scheduled flights, the two most important and correlated variables, should be in depth evaluated according to the most likely possible estimations. For example, according to the data given, the variability for the price per ticket is greater in the higher values than the lowest ones. However, the actual price per ticket is highly correlated to the capacity/utilization rate and the flight hours. The base scenario argues for good prospects, but a deeper analysis could identify opportunities that Eagle airlines should closely monitor and evaluate in order to maximize its profits.It is important also to refer that according to the estimations, there is no high variability of the operating costs compared to the expected value of â‚ ¬445/hour (only â‚ ¬15 in either direction). Some important facts are given also throughout the case providing additional argumentation over the purchase; Piper Chieftain has been maintained according to the legislations and regulatory environment, is in a good condition and the expected normal use is 5 years with possibilities for more, contains the necessary navigation and communication equipment, and insurance has been included in the fixed costs.The above, in case were unknown, would be important cost factors to analyze and include in the risk analysis assessment. The above analysis argues the business decision to proceed with the investment in the Piper Chieftain, having calculating and evaluating the risks involved while recognising the opportunities.
Thursday, November 7, 2019
Free Essays on USS Indianapolis
A Tragedy at Sea Specific Purpose: By the end of this speech, the audience will have a clear understanding of the horrific ordeal the USS Indianpolis and it's crew experienced. Thesis: According to the Naval Historical Center website, the USS Indianapolis served from Pearl Harbor tothe last operation of World War II, only to tragically sink during a mission two weeks before the end of the war. Outline: I. Thesis: According to the Naval Historical Center website, the USS Indianapolis served from Pearl Harbor to the last operation of World War II, only to tragically sink during a mission two weeks before the end of the war. II. Body A Last completed mission 1. Delivery of first operational atomic bomb- 26 July 1945 to Tinian 2. Reported to CINPAC Headquarters at Guam for further orders B The Last Order 1. Orders to join battleship USS Idaho at Leyte Gulf in Philippines to invade Japan a. Captain McVay requests a destroyer escort b. Orders were given to ship Captain McVay directing him to zigzag at his descretion depending on weather and visibility 2. USS Indianapolis left Guam unescorted heading for Leyte Gulf a. Unknown to the USS Indianapolis is that the I-58 was known to be prowling the Phillippine Sea b. Information was withheld in order to insure that the Japanese wouldn't find out that we'd broken their codes. C The Sinking 1. Shortly before midnight Captain McVay issued orders to cease zigzagging becuase of bad visability a. Within 10 minutes after the order the clouds part, revealing the moon and the I-58 surfaces at the same time. b. 14 Min. past midnight on 30 July 1945 midway btwn. Guam and Leyte Gulf she was hit by 2 of the 6 torpedoes fired by the I-58 Japanese submarine. 2. Ship went down within 12 minutes a. APROX 900 out of 1,196 made it into the water before she sank b. Few rawfts were released, most wore standard life ... Free Essays on USS Indianapolis Free Essays on USS Indianapolis A Tragedy at Sea Specific Purpose: By the end of this speech, the audience will have a clear understanding of the horrific ordeal the USS Indianpolis and it's crew experienced. Thesis: According to the Naval Historical Center website, the USS Indianapolis served from Pearl Harbor tothe last operation of World War II, only to tragically sink during a mission two weeks before the end of the war. Outline: I. Thesis: According to the Naval Historical Center website, the USS Indianapolis served from Pearl Harbor to the last operation of World War II, only to tragically sink during a mission two weeks before the end of the war. II. Body A Last completed mission 1. Delivery of first operational atomic bomb- 26 July 1945 to Tinian 2. Reported to CINPAC Headquarters at Guam for further orders B The Last Order 1. Orders to join battleship USS Idaho at Leyte Gulf in Philippines to invade Japan a. Captain McVay requests a destroyer escort b. Orders were given to ship Captain McVay directing him to zigzag at his descretion depending on weather and visibility 2. USS Indianapolis left Guam unescorted heading for Leyte Gulf a. Unknown to the USS Indianapolis is that the I-58 was known to be prowling the Phillippine Sea b. Information was withheld in order to insure that the Japanese wouldn't find out that we'd broken their codes. C The Sinking 1. Shortly before midnight Captain McVay issued orders to cease zigzagging becuase of bad visability a. Within 10 minutes after the order the clouds part, revealing the moon and the I-58 surfaces at the same time. b. 14 Min. past midnight on 30 July 1945 midway btwn. Guam and Leyte Gulf she was hit by 2 of the 6 torpedoes fired by the I-58 Japanese submarine. 2. Ship went down within 12 minutes a. APROX 900 out of 1,196 made it into the water before she sank b. Few rawfts were released, most wore standard life ...
Tuesday, November 5, 2019
Assignment One Essay Example for Free
Assignment One Essay 1.) What are some of the hardships faced by indentured servants in Virginia during the early days of the colony? a. Some of the hardships faced by indentured servants was disease such as â€Å"scurvy, bloody flux, and diverse other diseases.†Also, they have not much of a variety of food to eat, they eat â€Å"peas and loblollies†, and so they will do anything to be able to eat other variety of foods. The amount of food they get is shared between other men. Therefore their amount of food intake is not enough to make them full. They have clothes but they are old and dirty because they one of everything they wear. Since they do not have anything worth a penny, because if they do others steal it, they cannot have food other than peas. They cannot eat bread because it cost a penny and they don’t have a penny to buy anything. 2.) How does the physical location of Jamestown colony lead to many of the hardships described in this document? b. It seems they are close to possibly Indian attacks or people from other countries because he stated in the story â€Å"but yet we are 32 to fight 3000 if they should come.†He hasn’t seen any deer or venison since he arrived in Jamestown; therefore the meat source is not a great source for food reliability. It takes them a few days to retrieve cargo from the ships. They start to the shore and sleep the first night they get there, then unload the next day and start back to their home with the cargo. 3.) How have conditions at Jamestown affected the writer of this letter? c. He thinks negative about everything. He has nothing in Jamestown to call his own or â€Å"nothing to comfort him.†He expects the worse because people are dying by the hour. Not having much to eat, he doesn’t think he will survive much longer unless his he dies before he receives the package. He believes in God and that he can keep him alive if he drinks water, he heard. He tells his dad to have mercy and pity on him, that life in England was better because he had more food that filled him. He thanks his parents for providing all that they did while he lived in England. He loves his dad and doesn’t want his dad to forget him. Assignment One. (2017, Feb 13).
Saturday, November 2, 2019
Wrong Site Surgery Case Study Example | Topics and Well Written Essays - 750 words
Wrong Site Surgery - Case Study Example Structurally, health care sectors lack definite constructs on safety evaluations in patient treatment and interventions; unfortunately, deficits in evaluative efforts to foresee improvements in health teams’ â€Å"ongoing knowledge, or use of a policy to avert...future adverse event†(Michaels et al., 2007, p. 526). Much as the truth hurts, strong commitment in both government and private health sectors are insufficient in fighting for the rights of public to safe and quality health treatment. Admittedly, variety of health organizations are already aware of discrepancies in surgical errors and are now setting guidelines for marking safeguards against negative health impacts of negligence in professional practice. Among the external agencies concerned on quality clinical practices in all medical areas are Healthcare Organizations (JCAHO), the National Patient Safety Initiative, the American College of Surgeons (ACS), the New York State Department of Health (NYS DOH), and the Agency for Healthcare Research and Quality (AHRQ). They are of different organizational team, but are united in setting specific benchmarks that address problems in the surgical environment, especially with rampant errors in wrong-site surgery. In import, clinical monitoring is initiated by JCAHO, series of investigations are conducted on the increasing malpractice complaints and reviewed 150 relevant cases to determine its root causes. Majority (66%) of results are pointed on errors in surgical site (The Joint Commission, 2001). The outcome affirms rising cases of wrong site surgery in clinical institutions. To relieve from government pressures, above-mentioned health organizations generated their own version of clinical practices that address the problems with wrong-side surgery in all institutional categories. Consistently integrated in internal institutional policies, suggested implementation strategies to prevent further surgical damage include â€Å"marking the surgical site and involving the patient in the marking process, creating and using verification checklist...obtaining oral verification of the patient, surgical site, and procedure...by each member of the surgical team, monitoring compliance with these procedures...(and as part of verification) surgical teams consider time-out†(The Joint Commission, 2001, p. 2). Most consider such actions as universal in protocol, and almost every hospital adapt these as protective program measures for safety and quality surgical interventions. In prudent ways, the multiple dynamics in verification process in pre-anesthesia period, and even prior to actually starting the surgical procedure, through the â€Å"time-out†process of pausing to review before initiating an incision on the site, seemed prudent strategies to give the surgical team every opportunities to confirm whether the right site had been indicated and marked by the surgeon-in-charge. Subtly, every action denote a number of communi cation patterns, in verbal, written and demonstrative means, that constantly reminds the health team that what they are surgically embarking is clinically appropriate. In such cases, the series of clinical prompts are not enough, especially when internal culture dictates barriers in communication, as extensively translated in overt behaviors from authoritative surgeons down to circulating nurses. In particular, the case sample on an elderly man indicated for left-side biopsy, which ended up as victim of wrong site sur
Thursday, October 31, 2019
Poverty As a Social Evil and its Various Aspects Essay
Poverty As a Social Evil and its Various Aspects - Essay Example This essay stresses that poverty is a social evil and root cause of a number of problems caused to man, two of which have been greatly dealt with in the paper. Most people that are poor or living below the poverty line are not even able to afford square meals and provide their family with the same. They have many mouths to feed and an unstable source of income which forces many of them to even resort to actions like begging for food. Most of them do not have a house or a roof to live under and thus are subject to the worst kind of diseases. They are not able to help their situation because of the perpetual state of poverty that they lie within. Even food and shelter becomes a distant dream for such people and they become socially excluded from a lifestyle of being able to achieve these basic resources from society. This paper makes a conclusion that the question lies in whether or not such people should be provided with external assistance by others in order for them to be able to gain basic food supplies and a place to live in with their families. Governments in many countries provide the socially backward classes and poor people of the society with these basic amenities. There are a number of food programs taken up in such developing and under developed countries where poor people are given food grains so that they can sustain their lifestyle and be able to feed their families.
Tuesday, October 29, 2019
Organizational Change and Development Assignment
Organizational Change and Development - Assignment Example This discussion identifies three perspectives, people, approach and method of change implementation at the broader level that impact change management process. Greek philosopher, Heraclitus, is known to be the first person who touched upon the ‘changing’ nature of the world, in his words, â€Å"you never step into the same river twice,†(Cameron & Green, p.10) and â€Å"all is in flux†(Stetson & Conti, p.29). This concept is equally apt to the world of business with increasing competition, meeting customers’ expectations, and finding new opportunities for growth in business, career and sustaining the competitive edge in the changing markets (McGrath & MacMillan, 2005). Organizations will have to embrace these challenges in order to sustain in the competitive world. In order to achieve their goals, while catering to the changing demands of the industry, organizations adopt strategic changes, appropriate for achieving every single objective. These strategic changes are meant to bring about radical or transformational change to the established ways of working from both organizational and employee perspectives. Nevertheless, bringing about change at the workplace, whether structural, procedural, technological or financial, in order to improve the situation or for better business results entails more efforts than planning the change and its implementation. The forces that cause organizations to opt for radical transformations could be external such as technological advancements, government regulations, increasing competitiveness, and/or changing demands; and internal such as organizational bureaucracy and complacency. Usually, implementing change is impacted by factors such as time and investment required; the impact of change on the financial performance of the business; return on investment; an intensity of improvement; and importantly, its impact on the end customers. At an organizational level, planning for the c hange and change management as a responsibility rests with, or is the function of, specific project management team or division, but its implementation at an organizational level requires the involvement of various, or all, other functions/departments failing which the proposed change itself may fail. This failure can be disastrous for the organization or business and/or to the people associated with the change and the organization, which includes all stakeholders, i.e. employees, customers, and all shareholders. Therefore, bringing about a change should equally be balanced by the way change is being managed in order to succeed. Michael Dell believes that companies that learn to manage change are in the best position to continue to take the risks needed to stay out in front (cited Matejka & Murphy, 2005; p.19).
Sunday, October 27, 2019
Entry Strategy Used By Wal Mart Commerce Essay
Entry Strategy Used By Wal Mart Commerce Essay This report examines Wal-Mart as a case study. An introduction of the history, objectives and strategy was first examined. It later went on to determine what motive the company into international strategy using secondary data obtained through Websites and journal articles. Taking into consideration Wal-Mart operates in about 15 different countries its entry into Brazil was investigated. The entry strategy used by Wal-Mart was examined using the four categories of timing of entry, market choice, and investment scale and entry mode. The companys corporate strategy was examined and it was discussed in terms of whether Wal-Mart strategy was Global, Multi-domestic and Transnational. Wal-Mart strategy was concluded to be more on the transnational strategy as it took into account its global strategy and local strategy as well. Wal-Mart is known for being a company that has competitive advantage in logistics and customer service which are among its functional analysis. The logistics was examined in full as the main functional analysis affecting Wal-Mart in its entry into Brazil. Finally, recommendations were given on what Wal-Mart could do better when entering another international Market and a conclusion was made. Introduction This report discusses the Wal-Mart was first established in America in 1962 by Sam Walton .Wal-Mart is known as one of the Worlds Largest retailers serving more than 200million customers and members per week (Walmartstores.com). As at 2010, its fiscal year sales was $405 billion and is one of the Worldss most admired Companies Survey. Wal-Mart has over 8400 stores in 15 different countries (Wal-Mart.com) due to its need for globalisation. In this report, Wal-Mart entry into Brazil would be looked upon enabling the discussion on what motivated the firm into globalisation, its entry strategy into Brazil, its corporate strategy that enables it success and its functional analysis. Secondary datas would be used for this analysis. Firm Motivation In order to be able to analyse Wal-Marts entry strategy, it would be worthwhile to understand what motivated the firm into globalisation. Management realised, that by the 2000 the market in the United States would become saturated and reduce their market share and decided to expand global. Also in 1990s, Wal-Mart was facing stiff competition from key players such as K-Mart and target (Angela da Rocha 2002). These two companies were taking up Wal-Mart market share and expanding their global strategy. The competition strategy used by Target and K-Mart left Wal-Mart with no choice than to enter the international market with the aim of increasing market share and sales of the company. Wal-Mart believed in its strength and technology development to help in markets abroad. Wal-Mart was also motivated in terms of thinking about the benefits of economies of scale and scope obtained through globalisation. Wal-Mart deals with major international firms like Unilever (food products) which has its own international operations thereby using its large size to demand deeper discount on items (Hills 2008). Also, another reason Wal-Mart might have decided to entry Brazil could be because of the knowledge and expertise to be gained by other firms competing in such a country and be able to integrate the knowledge obtained into other operations in the future. Diagram derived from: http://www.themanagementor.com/kuniverse/kmailers_universe/mktg_kmailers/wal-mart.htm The diagram above details the competitive advantage that Wal-Mart has in order for it to internationally encourage to enter different markets. Entry Strategy According to Hill 2008, there are four categories of entry strategies used by firms they are as following using Wal-Mart as analysis. Market Choice In 1994, Brazil experienced a new thrust in the economy where there was implementation of lower inflation. This improved the purchasing power of Brazilians and also enhanced economic growth, Wal-Mart saw this as an opportunity to invest in the country. In 1995, Wal-Mart began operations in Brazil; Wal-Mart entered Brazil in order to be able to obtain the benefits to be derived from the potential demand of the population and potential the economic growth Wal-Mart did not use one single strategy to enter different countries. The selection of market choice was based on the detailed information of the business, competitive and economic environments of the country of operations. Govindarajan and Gupta stated After choosing the country, and understanding the environment, the management at Wal-Mart would decide on the best entry strategy. The selection varied from starting new stores from scratch (to acquisitions), joint ventures, and alliances. Wal-Mart establishes its presence in local markets by first understanding the uniqueness of each market, and then by adapting its business model to suit that market. Entry Mode Wal-Mart, through partnership with Lojas Americanas which one of Brazils leading discount store chain entered Brazil. Wal-Mart chooses to own 60% whereas Lojas Americanas would retain 40% which is a joint venture. Wal-Mart holds 60% makes decision making easier has they control a larger percentage of the company and can make quick and managerial decision compared to if it was 50:50. According to the data founded by Hill 2008, UN estimated that some 40-80% of Foreign Direct investment were in form of mergers and acquisition. It is easy to execute joint venture than to start a company from scratch .Within the time taken to start a company from the beginning a competitor might have acquired another company within the country and limit the market share to be obtained. Joint Venture makes it easier for Wal-Mart to meet its objective of becoming a globalised company in international market. The logic behind this partnership and its success is that Lojas Americanas brings in the cultural integration whilst Wal-Mart brings in the managerial skills and resources needed for the partnership to work. Wal-mart decided to open Supercenters (50,000 different items) and Sams Club stores (buyers club which required a fee for membership) because it believed its discount operations would work. The idea of the Supercenters was to provide a new product mix and varieties for the Brazilian market at lowest price. Timing of Entry Wal-Mart entered Brazil as a first mover advantage as technology was not readily available in Brazil at the time of entry given them a competitive advantage against Carrefour. This helped the economy to imitate the technological advancement and incorporate them into other businesses. Although, the sharing of technology was an advantage it could have also been a disadvantage as Wal-Mart was sharing its knowledge with its competitors and this could have been used against them. Investment Scale Wal-mart entered with Lojas Americanas which was known for its aggressive strategy in dealing with businesses thereby helping Wal-Mart gain an advantage. It entered with US$120 million to construct its stores with one in the largest city (Kotabe 2003).It entered at a large scale in order to gain competitive advantage this could have also been a problem if Wal-Mart failed in Brazil thereby losing the revenue used in entry. According to Kotabe 2003, it was stated that Wal-Marts objective was to achieve number one retailer position in Brazil and in order to do that they setup a logistics and communication system competent of supporting no less than 80 units in the Brazilian Market Wal-Mart also employed Brazilian executives who understood the market, cultures, and customers and would be able to manage the company effectively. Wal-Mart continued investing into Brazil has the demand was becoming more than the supply for their manufactured goods and services. Corporate Strategy According to Sam Walton, Wal-Mart strategy is low prices always. Wal-mart is known as Wal-Mart greeters where customers enter the store and they are greeted with a sweet face a, huge smile and a shopping cart (Burbano 2004). Wal-Mart also offered attraction of employees at disposals of consumers helping them as they enter into the stores. Wal-Mart company strategy is based on four pillars cost leadership, customer orientation, logistics and information technology (Angela da Rocha 2002). Fig 1 explains the reasons such as pressure from local responsiveness and pressure from global integration helps in determining the corporate strategy of the firms. When a company such as Wal-Mart chooses a corporate strategy it needs to decide how strong would the pressure of global integration or the pressure of local responsiveness affect its overall objective? Global Strategy In terms of Wal-Mart being a global strategy based in the beginning they prided themselves on being global. It brought the cultures, product, ways and products of the United States into Brazil and thought it could work since Brazil could not be different from America. It was later realised that it would not work and it revised it strategy by incorporating the culture of the Brazilians and the product to satisfy customer needs. Multi-Domestic Strategy In terms of localization strategy, Wal-Mart could not be seen as being localised because it never forgot its strategy of lowest prices and it incorporated some of its American product as well as Brazilian products in the market. Wal-Mart had to change its product from being USA focus and included variety of product that was an attraction to the Brazilian people. Wal-Mart prides itself on being a customer oriented in terms of good service, product at lowest prices. Wal-Mart boasts that it has a global strategy but it is also locally focused we people the people first (Walmartstores.com) Transnational Strategy Wal-Mart could also be seen as a transnational company in terms of the striking the balance between global standardization of operating strategy and local customization of store layout and stocking practices. Wal-Mart took into account what the Brazilians want by buying product from the local manufactures thereby integrating the cultures and customer needs. Also Wal-Mart adjusted to the situation of Brazilian market by increasing the deadlines of delivery by manufactures, it did not use the United State to bring in the products. Functional Analysis In order for Wal-mart to be successful in its chosen country it needs to work as a team with different departments. The departments such as Marketing, Purchasing, HRM, Logistics and Distribution etc come together to analyse the details and decide what is best for the companys operation in the chosen country. Wal-Mart prides itself on its logistic systems being that it enables the company have competitive advantage over its competitors. As Wal-Mart began operation the demand of their merchandise was increasing compared to the supply that they had in store. The checkout lines were longer than expected; there was storage of parking space, traffic congestions and aggressive reaction from Carrefour its competitor. In accordance with Kotabe 2003, Wal-Mart experienced an alarming 40% stock out rate in Brazil, as compared to 5% in the United States. Although the stock out rate has decreased since, the problem is far from being completely eliminated. Brazilian suppliers are lagging behind the U.S. counterparts in logistics technology as that level of technological advancement has not been reached, thus making computerized inventory management systems useless. Additionally, the presences of traffic congestion present another major challenge to consistency and predictability in supply of both Wal-Mart stores and distribution center. At the time of entry, Brazil was in no comparison to the United States in terms of technological advancement. Wal-Mart believed that its logistics was good enough to help them in Brazil; what they failed to consider was the population of the Brazilian people and the demand for their merchandise. Consumers were eagerly interested in the lower prices of merchandise sold by Wal-Mart, and there was no indication of stress of traveling long distance to obtain merchandise. Wal-Mart had a flexible logistics, which enabled it realize the problem the problem of distribution and transport costs from the United State into Brazil. It decided to set-up alliances with local suppliers to deliver some goods that the store needed. This enabled reduced costs due to reduce transportation and fuel by drivers of their trucks and due to the technology it had it was able to determine the quality of the products. Recommendation When Wal-Mart decides to enter into an international market it needs to fully understand the market and the potential demands, political and suppliers issues in order to be fully prepared for adverse reactions. Wal-Mart believes in its logistics as one of its competitive advantage and believes it could help them in any market. It is recommended, that they put into account the tastes and cultures of consumers and how they would be able to adapt to the countries ways of doing things. It is recommended that Wal-Mart could go a long way in benefiting internationally if the above recommendations are considered. Conclusions In this report, the motivation of Wal-Mart into internationalisation was analysed. Also, the entry strategy which included the market choice, the timing of entry, the type of entry mode and the investment scale was analysed. The corporate strategy of Wal-Mart whether it being multi-domestic, global or transnational was analysed. Its functional analysis was examined as well taking into account its logistics system. It was finished with a recommendation on what the company could do better in fir the next entry into another market.
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