The Functions of Modern Management - Free Essay Example

Sample details Pages: 9 Words: 2564 Downloads: 6 Date added: 2017/06/26 Category Management Essay Type Narrative essay Did you like this example? The Functions of Modern Management The world of business is constantly changing but the truth is the consumer needs are being subject to the whims of technology or the latest products. Beauty of the sexes has always gravitated towards vanity and sometimes a bit of narcissism. These desires have allowed the beauty industry to grow and to flourish in some of the vast world of economics. Don’t waste time! Our writers will create an original "The Functions of Modern Management" essay for you Create order Today, some of the top global beauty brands hold over 26% of the market share in the US however; with the constant shifting of the consumer desires that the market change direction from 2013 to 2014 some companies lost their market share. Amour is an established family- owned company with approximately 1400 personnel which will increase to 5000-7000 personnel over the period of two years before the company goes public and enter the market with a strong strategic, operational and tactical plan to be competitive by offering the consumers the complete health and beauty package for the family. The company needs to stream à ¢Ã¢â€š ¬Ã¢â‚¬Å"line products and correct deficiencies to compete for the market share. In order for us to compete with brands that are household names in the US, we are going to have compared ours to theirs and to improve to become the better product quality and better value based on the price. Our key is to acquiring the market share; we have to be consistent and intentional in pursuing this particular market. Amourà ¢Ã¢â€š ¬Ã‹Å"s operational plan must be able to deliver the market share to survive in this climate of business. If we are not able to achieve the market share, we will meet the fate of the Colomer Group that loss a major part of their share in the market in 2013. The direction of our company is to design lines that can compete with the brands, who sit on the counters of major discount retailers, and to open doors to elite brands which sit on the counters of major retailers. The structure of the organization below gives each department access to the plans, questions and suggestions to make our company to succeed. Organizational Chart Amour Leadership Chart Job Description CEO: Chief Executive Officer: the position is the top ranking executive to oversee the company direction to make sure the organization is there mission statement and vision for the future profitability. COO: Chief Operations Officer: the s econd in command position requires the individual to oversee the company daily operations and being updated by each department to insure that the plans of company are moving forward. Finance: position requires the individual to maintain financial stability of the company by insuring all assets, cash and liability is done with accuracy. Human Resource Business Partner: the position is to move the company in a strategic and tactical planning to meet the future obstacles and trends within the marketplace. Human Resource: the position to do the daily administrative duties, employee training, compensation and benefits, new hires, policy and procedures. Research and Development- The head of research and development is exploring new alternatives or new improvements of products and services to offer to our consumer. District General Manager 1(West) The manager is charge of the West coast of the US to have companies placing orders through his office. District General Manag er 2(Midwest) The manager is charge of the Midwest of US to have companies placing orders through his office. District General Manager 3(East) The manager is charge of East coast of the US to have companies placing orders through his office. Marketing: The position requires the individual to determine the best method to introduce a product or a service to the consumer. Advertising: the position is to determine the type of media of introducing the product or the service to the consumer. Department Managers: the position oversees the different phases of the products or services while in the production. Manufacturing/ Production: the position requires the employees to operate machinery to make the product or service. Distribution: The position requires t the products or services are shipped to designated area and the proper number of items is given to the correct invoice. Organizationà ¢Ã¢â€š ¬Ã¢â€ž ¢s mission, vision and values Amour is a young, experienced organization with a deep perspective of presenting the world with the love of self by taking care of their bodies and by producing products and services that aide in the caring for self. According M.S. (2013), the core of an organization has inner and outer core to foster success and sustainability in the corporate world. The mission and vision statement of the company is the spirit, philosophy and drive of the organization. The mission statement defines the purpose and the direction of the company. Mission statement: To educate every man, woman and child promote the beauty within by offering the latest healthy skin, face and hair care products offered in the market. To promote healthy ideals of caring for the largest organ of the human body the skin and the entire person. The vision statement articulates the short and long term goals of the company. Vision statement: To make products and services that are eco-friendly and by using derivatives from minerals and plant bas ed by-products to become the number one natural supplier of health and beauty products to major discount retailers and major retailers. The values reflect the inner core of the organization because it flows from the mission and vision statement. The values communicate to the public the decision, behavior and action of the company. Values: Our values are to do no harm to anyone and to insure that all safety regulations are followed under FDA, EPA and to continue to serve our consumers the best products. Basic Planning Process and the Three Levels of Management The overall outlook of the company is looking good and in its ability to begin to expand in other regions of the US would need to be explored. The popularity of the products is coming from the age group 18-49 and the expansion of the line would be to target all ages and all demographics. The diagram of three levels of management would be necessary to broaden the scope of the organization by the use of the first t ier of management which is the two top ranking positions in the company; Chief Executive Officer and Chief Operation Officer to plan the entrance into a new market and continue the course of profitability to support the expansion of the company into new regions. The second tier of management duties is to keep information flowing to their managers, attend meeting, budget and submit reports to top level managers. They are to hire, juggle limited resources, and anticipate the market changes/ever changing technology. Third tier of management duties are usually front-line supervisors who are buffer between employees and management. The supervisor, team leader or team facilitator is those who translate the goals and the objectives of management to insure that everything is done according company policy. Such performance outcomes include a highly engaged workforce, more productivity, optimal growth levels, customer and shareholder loyalty, community support, enhanced employee quality of work life, and lower employee withdrawal behaviors (Mayfield, Mayfield Sharbrough, 2015, p.102) Quality, Productivity, and Profitability Amour is a company that seeks grade A raw material to make our health and beauty products from the finest quality to create our lines of products and services for our valued customer. Our company has reduced mistakes, continual improvement of quality, mean lower and lower costs. The goal of Amour is to do less reworking in producing the product and to reduce the waste of the raw materials. Amours, à ¢Ã¢â€š ¬Ã…“business strategy is to increase profit on a specific product or service, projects should focus on reducing quality costs by reducing or eliminating errors and eliminating non-value-added activities or wasteà ¢Ã¢â€š ¬Ã‚  (Smith, 2010, p.14). Quality is the focus of the company to insure that it meets the customersà ¢Ã¢â€š ¬Ã¢â€ž ¢ satisfaction. The ability to eliminate waste means the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s bottom line is not affected. The overall production of the product has been decreased based on the cycle of time because of quality and less errors. Employees have shown they have the commitment and productivity to produce the finest quality of our leading brands by exceeding production timeà ¢Ã¢â€š ¬Ã¢â€ž ¢s tables. Human Resource Planning Activities and the Overall Organizational Strategy Amour is capable of expanding and could do it within the two year window before going public however; the focus is to establish the company is financially sound and has the capability to maneuver through the changes of the business world. The relationship between HR and Amour is to insure there is enough human capital to move forward in the plans to expand the company however, the overall strategy is to have the combined sources of financial and human capital to grasp the market share. According to Melbourne Andrews (1996), a firmà ¢Ã¢â€š ¬Ã¢â€ž ¢s capability is their human resource strategy that can or should change in order to continue to the match the business strategy of the company. Human Resource needs to recruit and to select indiv iduals who have the capability to fit the culture of the organization. Employee development through goal setting techniques has been introduced by several prominent companies and to target candidates that are highly motivated instead of looking for a specific skill or training. The outcome of the selection process has been favorable to have individuals who are able to be challenged to perform at optimal levels. Philosophy of Management and Structure of the Organization A key factor is creating a harmonious or motivating work environment is the leadership or the managementà ¢Ã¢â€š ¬Ã¢â€ž ¢s ability to lead, attitude and behavior. Managerà ¢Ã¢â€š ¬Ã¢â€ž ¢s ability to inspire subordinates to do their best is the reflection of his/her work ethic or beliefs and direct ability to do his/her job. The behavior of an effective leader is to have energy and direction because the energy is part of the function of motivation which inspires the followers and direction allows them to know where they are going and ( goal oriented) point they are trying to reach satisfaction. Constraint Management(CM)philosophy proposed that the ultimate goal of a for-profit organization is to make money (and not save money or reduce cost) without violating certain necessary conditions, such as bringing competitive goods and services to the market and providing a satisfying work environment to employees. CM employs global operational measures (throughput, inventory, and operating expenses), based on throughput accounting. It also highlights a process of ongoing improvement, emphasizing constraint identification and management as the key to focusing limited resources on the weakest link to optimize the company as a whole(Adams, Gupta Raho,2007,p.35-36). Steps of Control and Types of Controls According to Plunkett (2013), the function of management is to set the performance standards, communicate the objectives to the workforce, identify the superior processes, and acquire the n ecessary devices to complete the finish products. The risk manager checks the dimensions of the product to insure the accuracy of the batch that will affect the organizationà ¢Ã¢â€š ¬Ã¢â€ž ¢s bottom line. The control process is being able to measure performance based on standards that are quantitative or qualitative designs that are able to measure people, money, products and processes by internal guidelines of the company, being able to measure performance based on recent readings by comparing measured performance to established standards, and being able to make corrections in the process of producing the product. If controls are not monitored, the production of the product may not still within the time table and the loss may be severe. Amour has invested in the latest equipment to insure there are not faulty mechanical problems during the process however; the only thing is if the operator doesnà ¢Ã¢â€š ¬Ã¢â€ž ¢t monitor the mixture then that will be the problem. Quality control will check the mixture before sending the batch to be packaged and labeled to be sent out to distribution. Once the mixture is tested to meet standards then the compound is ready to move to the next phase of the processing. The three types of controls: feed forward, concurrent controls, and feedback controls. The control of feed forward is controls to insure the there are no defects and products are not deviating from the standard for example; the ratio of the compound per 10000 to complete the formula. Concurrent controls operate with the system to make corrections. Feedback allows the system to send information to the operator to check if controls are doing what they are supposed to do. Amour has an effective control system because the new equipment has signals to let the operator know the compound is mixed correctly and it has notification to stop mixing if the mixture is not to specifications. The automatic signal allows the operator/ the management to make correc tions before the loss of the compound which is equivalent to the money loss for the incorrect formula. Controls within the organization allows the management to monitor each batch of compound by having readings based on the original batch given to by RD. Monitoring the preparation of the compound is the key by the operator but with the extra signals of the machines and the stop mechanism once it is not mixing properly. Amour is using feed forward and concurrent information to insure the process is working according to the standard because feedback controls are slow getting information to management which could be a very expensive loss. Managers and operator need to be monitoring the correct amount of compound to produce the product. Amour has an integration of more than three methodologies of Six Sigma; Lean Toc has proven to be more effective in producing the product with fewer defects. Amour is committed to keeping cost down by insuring and eliminating unnecessary proces ses by being consistent in meeting our deadlines. The financial and marketing are the subsystems of Amour and it is the means of securing the market share by staying within projected budget. The overall condition of the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s financial state is very good with fewer liabilities and more assets will allow us the means to capture the share of the market. In conclusion, the operational plan at Amour will allow us the different options to secure the market share in the US and the international market by utilizing the systems that are in place to cut back on waste and improper conditions in the workplace. Management and employees are dedicated in opening the doors for our business to expand. The increase sales in our brand have provided us the opportunity to move in an aggressive manner to gain the proposed shares. . References Laabs, J. (1998). Why HR cant win today. (cover story). Workforce (10928332), 77(5), 62. Mayfield, J., Mayfield, M., Sharbroug h, W. C. (2015). Strategic Vision and Values in Top Leadersà ¢Ã¢â€š ¬Ã¢â€ž ¢ Communications: Motivating Language at a Higher Level. Journal Of Business Communication, 52(1), 97-121. doi:10.1177/2329488414560282 M. S., S. (2013). Harnessing the Power of Vision and Values: A Deeper Perspective. Vilakshan: The XIMB Journal Of Management, 10(2), 149-158. Plunkett, W. R., Allen, G. S., Attner, R.F (2013). Management: Meeting and exceeding customer expectations (10th ed.). Mason, OH : South-Western Cengage Learning WELBOURNE, T. M., ANDREWS, A. O. (1996). PREDICTING THE PERFORMANCE OF INITIAL PUBLIC OFFERINGS: SHOULD HUMAN RESOURCE MANAGEMENT BE IN THE EQUATION?. Academy Of Management Journal, 39(4), 891-919. doi:10.2307/256716 Wever, K. S. (1995). Human resource management and organizational strategies in German and US-owned companies. International Journal Of Human Resource Management, 6(3), 606-625.

Benefits of Outsourcing in Supply Chain Management

BENEFITS OF OUTSOURCING IN SUPPLY CHAIN MANAGEMENT written by: Lauren Mercer MKTG 3130 – Final Term Paper TABLE OF CONTENTS I. Supply Chain Management and Outsourcing †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2 II. What is Outsourcing †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 2 III. Important Processes Related to Outsourcing..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3 IV. Advantages of Outsourcing †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 4 V. Disadvantages of Outsourcing †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 9 VI. Current Changes in Outsourcing †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 11 VII. Outsourcing Works †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 13 I. Supply Chain Management and Outsourcing Supply chain management is a horizontal process that crosses the company and spans countries in scope. Time, distance and the nuances of operating in a†¦show more content†¦By shifting work to a lower cost organization within a business’s region value is added by the flexibility, quality improvement, cost reduction, and enhanced commitment to core business. Multisourcing was first introduced in 2005 by the market/technology research firm, Gartner. It is a blending of business and information technology services from the optimal set of internal and external providers in the process of achieving business goals. In other words, it is a strategy that treats a given function as an array of activities, some of these which should be outsourced and others that should be performed by internal staff. Although the term may apply to any business area, it is most commonly used within the context of information technology. Strategic ou tsourcing allows not only the transfer or control to an outsider, but also the method of manufacture, allowing the use of a different technology or process. A company that uses strategic outsourcing may choose to transfer an entire product, product line, or an entire plant to gain strategic value. Overall the concept is the same as outsourcing, but goes more in depth with its definition. IV. Advantages of Outsourcing Almost every organization outsources in some way. Before jumping headfirst into outsourcing an organization must be aware of the impact it will have on the business itself. In order to find out if outsourcing is the rightShow MoreRelatedBenefits Of Outsourcing Supply Chain Management942 Words   |  4 PagesOutsourcing in different countries of the world has grown and is continuing to grow very rapidly, at a recorded rate of 20%-25% a year (Top 10 Risks of Offshore Outsourcing). Because of the many advantages that businesses can gain from outsourcing, there is no certainty that there will be a reduction of outsourcing anytime soon. The main advantage of making this business decision is that the businesses will have more time to focus on the principal aspects of their business, while the third partyRead MoreThe Risk And Benefits Of Outsourcing Supply Chain And Risk Management Essay961 Words   |  4 Pages The Risk and Benefits of Outsourcing Supply Chain and Risk Management. How Boeing 787 Supply Chain Issues Affected Other Industries? Debates between business professionals regarding risk and benefits of outsourcing is becoming increasingly heated with particular focus on risks as unanticipated costs, potential for setbacks, integration difficulties, quality or benefits as minimize overall cost, focus on other business area, meet customer demand and flexibility. However, being prepared, doneRead MoreA Framework For Supply Chains Logistics Operations Essay1283 Words   |  6 PagesTopic 1 Oakden, R., Leonaite, K. (2011). A Framework for Supply Chains Logistics Operations in the Asia Pacific Region. Sydney NSW: McGraw Hill. Chapter 1, Topic: Value chain. (pp. 6). Description of Topic The value chain is defined as the â€Å"full range of activities which are required to bring a product or service from conception, through the different phases of production (involving a combination of physical transformation and the input of various producer services), delivery to final consumersRead MoreWhat Major Trends Do You See Affecting The Roles Of Purchasing Managers During The Next Decade?1447 Words   |  6 Pagesthe roles of purchasing managers in the next decade? In the globalization era, there are several major trends that affect to the roles of purchasing manager. As emerging markets assume a greater role in the global economy, the traditional demand and supply poles that have shaped global commerce over the last 50 years will change dramatically. More and more global company will have their purchasing managers based in China, India or Brazil. The procurement teams need to start developing expertise in localRead MoreOffshore supplier risk Vs onshore supplier risk1476 Words   |  6 Pagesï » ¿Supply Chain Risk in Onshore Vs Offshore outsourcing Appendix 1. Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦1 2. Importance of supply chain risk in project management†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..2 3. Onshore and offshore risk†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3 4. Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..6 5. Bibliography†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦7 1. Introduction Supply chain is one of the pivotal for any business. All successful organization whetherRead MoreSupply Chain Management For Fast Fashion Industry1623 Words   |  7 PagesA study in sustainable conscious collection in the supply chain process in the fast fashion segment of fashion industry; a case study based approach focusing on HM and its main competitors. Abstract In recent years, the rapid changes in the fast fashion industry, a highly concerned about environmental issues as well as the sustainability for the company. Thus, it is a big challenge for the company s global operations to think about how to use the market intelligence, sensitive response and do moreRead MoreSupply Chain Opportunity For An Uncertain Economic Recovery1402 Words   |  6 PagesSupply Chain Opportunity in an Uncertain Economic Recovery Authors Statement of Purpose Supply Chain Opportunity in an Uncertain Economic Recovery, by Eric G. 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The company found that fill rate, the percentage of customer demand sa tisfiedRead MoreBuilding the Boeing 7871334 Words   |  5 Pagesas wlel(Silverstein, 2012) Q1. What are the benefits to Boeing of outsourcing so much work on the 787 to foreign suppliers? What are the potential risks? Do the benefits outweigh the risk? Boeing sought to create a competitive advantage for itself by outsourcing 70% of its total Boeing 787 product line to foreign suppliers in 10 nations. As the text suggests, anytime a business chooses to outsource such a significant proportion of its supply chain, it risks disruption and lack of focus on theRead MoreProduction And Production Of Production Essay1546 Words   |  7 Pagessingle location will have millions of dollars’ investment, thousands of suppliers and customers, supply products that are sold for billions of dollars’ worth of revenue etc., but at present because of many new models and methodologies the definition for production moved ahead. Demand-driven production. Need reestablishment of traditional manufacturing system by introducing lean principles, JIT etc., outsourcing plays a major role of bringing In new method of having business partners for the production

What Is Cognitive Behavioral Therapy - 628 Words

Cognitive behavioral therapy (CBT), is a combination of cognitive therapies and behavioral therapies, which work together to reverse negative thinking through verbal techniques and behavioral modifications (Weiten, 2005). The idea behind CBT is that negative thoughts like blaming, focusing too much on negative events, pessimism, and downplaying oneself, leads to increased vulnerability and depression (Weiten, 2005). Mainly, the core beliefs a person has about themselves and their future are negative, and CBT aims to change those core beliefs, which, in theory, would bring about a more positive outlook and teach a person to reverse negative thoughts. One of the most important things to remember about CBT is how it differs from psychoanalysis, [Instead of] draw from elaborate theory about human personality. Rather, CBT is a practical approach oriented to changing behavior rather than trying to understand that dynamics of personality. (Oltmanns Emery, 2010). There are several techniques than can be applied to a number of people suffering from a variety of psychological disorders. The key to applying CBT in practice is to understand which technique is appropriate for the client. For clients with fears, for example, arachnophobia, systematic desensitization could be used, along with other aversion therapies to get clients to a place where they no longer fear spiders. These types of therapies introduce the fear (in this a spider), while the client practices remainingShow MoreRelatedWhat Constitutes Cognitive Behavioral Therapy?846 Words   |  4 PagesWhat Constitutes Cognitive Behavioral Therapy? 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Augustine’s Journey to the Truth in The Confessions of St....

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These tensions are evident in several episodes of weeping throughout the text, as the true reason for his weeping stems from a disruption in the habitual life or from his inability to change his habits. St. Augustine’s weeping as a youth over the death of Dido, his weepingRead MoreThe Between Faith And Reason Essay1201 Wo rds   |  5 PagesSaint Augustine, Aquinas, and Dante are all philosophers that question and analyze the balance between faith and reason in human life. All three men are on personal journeys to better understand not only themselves, but their faith as well. Although the three have different writing styles, Augustine’s The Confessions, Aquinas’ Summa Contra Gentiles, and Dante Alighieri’s The Divine Comedy, all share the common theme of faith and reason. These pieces of writing are extremely influential, which are

Should Animal Testing Be Ethical - 1328 Words

Animal testing has been an important type of research in various science fields for many years, because it has been able to replicate the results of the research to positively affect humans. It has provided many cures to diseases and many basic products that are mass produced such as lotion, shampoo, sunscreen, etc. Adding on, animal testing is ethical since it follows many guidelines and restrictions made by numerous laws that protect animals from inhumane treatment. Although such testing can provide many people with benefits and may be ethical, many animals are still subjected to torture or even die due to animal testing since many researchers find ways to bypass the system of laws. Millions of animals are used for animal testing every year and are given extreme treatments that humans would never go through, and animals go through such torture so people are able to benefit from their pain. Therefore, animal testing has been a subject of mass debate. Is animal testing really necessa ry for further research and is it ethical? This is an important question people are still trying find the answer to by supporting one side. Whatever position a person is on this issue, he or she is choosing between the advancement of science or for the rights of animals. People who are against animal testing explain that animals have rights and receive unnecessary pain or even die from animal experiments, which can even result in a waste of large sums of money. According to Charles Reiss andShow MoreRelatedAnimal Experimentation And Animal Testing1261 Words   |  6 Pagesagainst animal experimentation. The report begins with an introduction briefly outlining what animal experimentation refers to, introducing the three perspectives and highlighting the intention behind this investigation. The report then explores the positive and negative medical aspect of animal experimentation stating that it has resulted in vital vaccines benefitting both humans and animals, but also accepting it is not always reliable. The advantages and disadvantages of animal testing on consumerRead MoreTok Essay1680 Words   |  7 Pagesâ€Å"The Possession Of Knowledge Carries An Ethical Responsibility.† Evaluate This Claim. –Seo Yeon Choi- Theory of Knowledge Essay Topic: â€Å"The Possession of Knowledge Carries an Ethical Responsibility† Evaluate The Claim. School: Auckland International College School Number: 001495 Candidate Name: Seo Yeon Choi Candidate Number: 001495-010 Session: May 2013 Teacher: Beate Wiebel Word Count: 1480 â€Å"The Possession Of Knowledge Carries An Ethical Responsibility.† Evaluate This Claim. –Seo YeonRead MoreAnimal Testing Should Not Be Banned1581 Words   |  7 PagesAnimal testing is being used by different organizations all over the world to prevent specific diseases, especially cancer. Americans see animal testing having a harmful effect but it is one of the main reasons why society has most cures for some illnesses. This topic is important because people need to know what goes on during animal testing and why it is very beneficial. Animal testing needs to be used to find all cures. Some animals such as chimps/ monkeys have 90% of the same DNA humans haveRead MoreAnimal Testing Should Be Banned848 Words   |  4 Pages As a society we have failed to notice, it’s everywhere. The animal testing footprint. Aeroguard, Chapstick, Michael Kors, Palmolive and Dettol: these common household brands all have the dark footprints of animal experimentation embedded into it. Each year over 6.5 million animals are brutally tested, killed or harmed in Australia and New Zealand, for many brands across the nation. You may think that Animal Testing has nothing to do with you but the real truth is, it does. It’s unavoidable toRead MoreA Change Of Heart About Animals950 Words   |  4 PagesAnimals have similar characteristics to humans in terms of their physical and psychological states, thus we have a moral obligation to free them from unnecessary pain. More ethical alternatives to animal testing are more cost-effective, quicker and more reliable. Contrary to what we might think, animals share similar characteristics with us in terms of their physical and psychological states. Jeremy Rifkin, author of twenty books on the impact of scientific and technological changes on the societyRead MoreEthics of Animal Testing754 Words   |  3 PagesEthics of Animal Testing For my paper I chose the topic of animal testing because I have always been very passionate for animals and against animal abuse. I have never believed in animal testing and that there were always other alternatives. I wanted to look further into and educate myself about what is being done about this and why it is an ethical issue. I have come up with an axiom to summarize this topic. Testing animals in research revolves around the relative or moral value of humans and animalsRead MoreNew Generations and Ethical Judgements1037 Words   |  4 Pageshinder the production of knowledge. This phenomena is evident throughout various fields of study and it is well known that these limitations infringe upon the production of knowledge in both the arts and natural sciences. I intend to discuss how ethical judgements have imposed limitations on the methods available to society in the production of knowledge in both the arts and the natural sciences. Ethics can be seen as a set of moral values that lay the foundation for a person and help them to ultimatelyRead MoreEssay about We Need More Animal Research, Testing, and Experimentation1416 Words   |  6 PagesWe Need More Animal Research, Testing, and Experimentation    A life can be taken or created in a matter of seconds and with that has come the miracles of modern medicine. People have come to expect science to save lives, prevent illness, relieve suffering and improve the quality of life. The means of curing, treating and preventing diseases are not achieved by magic or accident. Medical advances are gained through years of intensive research -- research in which laboratory animals have playedRead MoreAnimal Testing Should Be Banned From Our Society874 Words   |  4 PagesAnimal Rights Demand Protection My thesis is that animal testing should be banned from our society altogether. Animal rights advocates argue that testing is a subject that has been argued countless amount of times in medical journals, and it has shown that it is a waste of animal lives. Subsequently, processing of a single drug requires more than 50 trials and use of as many as 12,000 animals. Moreover, regardless of the ethical issues that derive from animal testing, the infliction of physical/psychologicalRead MoreWhy Should Animals Be Used For Medical Research?1520 Words   |  7 Pages Why should animals be used for medical research? Is it because some animals are similar to humans probably. Even though animals have rights they should still be used for experiments because if scientist experiment on humans and something go wrong they could kill that human being. That is why animals should be used for medical research because they have different blood type and cells from us. Something that can easily kill us might not kill an animal, so with that they can find a way to cure the

Abraham of Chaldea Essay Example For Students

Abraham of Chaldea Essay Abraham of ChaldeaAbraham : From the BibleThe following is a narrative description on the life and times of one ofthe most powerful characters in the Old Testament. Abraham was indeed aman of God in a time where few men believed in the One true God. Throughmany triumphs and errors, he always returned to God to lead him back tohis calling. His dedication resulted in great promises from God that wereeventually fulfilled and affect each of our lives today. His story is ourstory. Abraham was a native of Chaldea, and a ninth generation descendant ofShem, the son of Noah. He was born on the southern tip of the Tigris andUuphrates rivers in the city of Ur around 2161BC.1 Before his name waschanged to Abraham, his name was Abram.When Abram was about seventyyears of age he moved with his family to live in Haran. The reason hemoved was because The God of glory appeared to our father Abram when hewas in Mesopotamia, before he lived in Haran, and said to him, Departfrom your country and your relatives, and come into the land that I willshow you. 2While in Haran, Abrams father died and God spoke to him again saying, Goforth from your country, and from your relatives and from your fathershouse, to the land which I will show you. 3 He obeyed and left Haranwith his brother Nahors family and his Nephew Lot without really knowingwhere he was going. At this time, God did not reveal to him he was goingto Canaan. God only told him the land which I will show you. 4 When hedid arrive in Canaan, he camped in the plains of Moreh, between themountains of Ebal and Cerizim. It was here he was given the secondpromise from God that his seed would possess this land. Abram built analtar there to the Lord who had appeared to him 5 He then moved to themountainous district between Bethel and Ai. Here, he built another altarto Jehovah. Throughout the story of Abram, he consistently went back to Bethel to makeamends with God. All of Gods children should have a similar alter theyshould go to when praising God. This could be the front of your church,but should be in public. 6 Archeo logy has since proved that Bethel isthe modern village of Baytin. 7 When in this area, a famine struckforcing Abram to move southward toward Egypt. God talked to Abram on themountain East of Bethel where he built an alter unto the Lord. Eachperson should have their own personal alter to go before God, this shouldalso be done in public. When he did get to Egypt, Abram told his first recorded lie. Because hiswife Sarah was beautiful, he feared she would lusted by after theEgyptians and endanger his life. He also knew the Pharaoh was alsoconcerned of Abrams presence along with other Hyksos in the region. 8 Abram persuaded Sarah to pass herself off as his sister. This lie couldprobably be considered a lighter shade of gray considering Sarah was hishalf sister, having the same father but a different mother. 9 When theEgyptians saw how beautiful she was, they took her to Pharaohs harem. Asa consequence, God plagued Pharaoh ; his house. When the Pharaoh foundout Sarah was Abrams wife, he sent him and his clan out of Egypt to fendfor themselves in the famished land. Because Abram told this lie, Godallowed this to happen. Abram went out of Egypt and returned to Bethelthe second time to call on the name of the Lord. While in Bethel, bothLots and Abrams livestock could not be supported by the land, and strifebegan between the ir herdsmen. Abram gave Lot his first choice of wherehe wanted to settle. Instead of choosing the unknown territory towardCanaan, Lot chose the easy way out and went East to Jordan near thepopulated city of Sodom. The motif of scripture for this story is simple. .u244b421e56de46acff5971290b1def21 , .u244b421e56de46acff5971290b1def21 .postImageUrl , .u244b421e56de46acff5971290b1def21 .centered-text-area { min-height: 80px; position: relative; } .u244b421e56de46acff5971290b1def21 , .u244b421e56de46acff5971290b1def21:hover , .u244b421e56de46acff5971290b1def21:visited , .u244b421e56de46acff5971290b1def21:active { border:0!important; } .u244b421e56de46acff5971290b1def21 .clearfix:after { content: ""; display: table; clear: both; } .u244b421e56de46acff5971290b1def21 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u244b421e56de46acff5971290b1def21:active , .u244b421e56de46acff5971290b1def21:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u244b421e56de46acff5971290b1def21 .centered-text-area { width: 100%; position: relative ; } .u244b421e56de46acff5971290b1def21 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u244b421e56de46acff5971290b1def21 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u244b421e56de46acff5971290b1def21 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u244b421e56de46acff5971290b1def21:hover .ctaButton { background-color: #34495E!important; } .u244b421e56de46acff5971290b1def21 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u244b421e56de46acff5971290b1def21 .u244b421e56de46acff5971290b1def21-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u244b421e56de46acff5971290b1def21:after { content: ""; display: block; clear: both; } READ: Poet's Use of Mockery As Diction in Poem EssayAbram gave more than he took. He let Lot take what he wanted and left itto God to bless him with what was left. Lots mistake was he stoppedgrowing in Gods faith and stagnated. He soon found out that everythingis not as it seem s. If one only takes, but does not give, it soon

Flash Memory free essay sample

Our team has analyzed the current situation of your firm and its projected financial position for the future years 2010-2012. We then incorporated an analysis of the potential, new investment opportunity and its effects on future financial position, in order to decide whether your firm should pursue this growth opportunity. Based on our analysis, we strongly recommend investing in the new product line due to its positive net present value. Furthermore, we believe that it will help you maintain your competitive advantage in this rapidly changing industry.The project will address your concerns regarding cash needs and competitive pressure, among others. Ultimately, we predict that investing in the new project should be a strategic priority, as it will allow your company to remain a strong competitor in the electronic memory industry. Company Background Flash Memory Inc. operates in the computer and electronic device memory market. Founded during a high tech boom, the company has historically experienced higher returns as a pioneer in the market. We will write a custom essay sample on Flash Memory or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Flash specializes in designing and manufacturing solid state drives and memory modules. These products are then sold to original equipment manufacturers, distributors, and retailers to be used in the end products such as computers and other electronic devices. As a small firm competing for market share against industry giants such as Samsung and Intel, Flash incurred lower profit margins to order to stay competitive. In addition, continuous technological advances 1 and changing customer needs in the memory industry resulted in short product cycles. This required quick reactions from Flash to produce new products and resulted in a focus on research and development.Despite the external factors of competition and changing technology, Flash focused on creating high quality products, creating a significant competitive advantage against their competitors. Current Financial Situation Based on Flash’s current financial situation, we have forecasted financial statements assuming that Flash does not invest in the new product line and does not issue additional common shares . All assumptions were based on overall economic performance and recent reports of robust sales in the smartphones and netbook markets. Please see Exhibit A for a list of assumptions used in projecting the figures, and Exhibit B for a full set of financial statements for the fiscal years 2010, 2011, 2012. The financial statements show that Flash’s profits have grown 10. 8% from 2007-2009 and are expected to grow by 58% from 2009-2011. Comparatively, the SSD market has shown growth of 175% from 20072009 and 155% from 2009-2011. Evidently, there is sufficient market capacity for your firm to pursue further growth and expand your operations. Growth Opportunity The key growth opportunity identified for your firm is to launch a major new product line.This would be a feasible initiative to implement in 2010 due to the positive outcome of our NPV analysis. The net present value of this opportunity is approximately $757,528 (Exhibit C). To arrive at this value, we accounted for all relevant cash inflows, outflows and tax considerations. We based our inflow expectations on sales predictions from our project sponsors, assuming that all sales were collected in the same period. There are also additional assumptions embedded in our analysis of cash outflows in the exhibit.Direct materials and labour costs (COGS) were calculated based on a predicted gross margin of 21% excluding non-cash depreciation of $440,000 per year ($2,200,000/5 years) related to the plant and equipment. Selling, general and administrative expenses were assumed to stay a constant 8. 36% of sales to align with 2009 figures. The one time advertising outflow in 2011 and initial purchase of the plant and 2 equipment in 2010, were considered as well. These values were converted to after-tax values by considering sales taxes and tax shields.The NWC (net working capital) requirement of the project was deemed to be 26. 15% of incremental sales. To translate this into cash flows, we calculated the NWC change year-over -year. Additionally, we assumed management would maintain their commitment to expend 5% of sales towards RD. Although Flash has already incurred a sunk cost of $400,000 to develop the prototypes for this new product line, it is reasonable to assume ongoing RD expenditures to ensure the development of future iterations of this product once the current version becomes obsolete.

Labor Relations Economic and Social - Consequences of Prohibiting

Questions: 1: Economic and social consequences of prohibiting the replacement of economic strikers.2: Potential risks for employers who decide to implement a replacement-worker strategy. Answers: 1: Economic and social consequences of prohibiting the replacement of economic strikers A strike or labor unrest that occurs for purely economic reasons may be converted into an unwarranted labor practice strike if the employer engages in conduct as determined by the Board. A permanent replacement for economic strikers increases the risk associated for the strikers and imposes pressure over the union to make concessions during the process of negotiations thereby suspension of the strike. Violence meant for replacements concerning job site is not unusual, in the light of angst faced by strikers whose job has been taken by replacement measures. Economic repercussions entail over the decrease in profitability of the organization and obligation of tariffs and other duties over the organization. Social consequences refer to probable ramifications that the firm may be exposed to regarding injunctions, court orders, and litigation. In fine, whether an employer may resort to permanent replacement or work with temporary workers, the same would depend on upon attendant circumstan ces (A. Nembhard, 2014). 2: Potential risks for employers who decide to implement a replacement-worker strategy Employers are limited while hiring of replacement workers and implementing of replacement-worker strategy. In a broad sense, this scheme may decrease productivity and loyalty. Some replacement workers may feel that they may be treated as second-class citizens in comparison to regular employees. Also, replacement worker strategy may have an impact on existing workforce. Furthermore, if the employer utilizes replacement resources, the later may move to a competitor thereby posing a threat to the organization. Lastly, deploying such resources would imply high training costs (Gourevitch, 2016). Reference list Nembhard, D. (2014). Cross training efficiency and flexibility with process change. International Journal of Operations Production Management, 34(11), 1417-1439. Gourevitch, A. (2016). Quitting Work but Not the Job: Liberty and the Right to Strike. Perspectives on Politics, 14(02), 307-323.