By 2030, the 7th UN Sustainable Development Goal aims to improve the accessibility, quality, and efficiency of energy. While some of the targets are clearly defined, others use ambiguous terms, making them not truly measureable. Firstly, terms used in targets 7.1, 7.2, and 7.b are not clearly defined, making them not truly measurable. Being able to provide a service universally, implies that every person worldwide should have access to the service. This is neither reasonable nor measureable. The…

Domino’s did make much effort on improving its efficiency. The executive vice-president of Domino’s international, Richard Allison, said that Domino’s is working on growing the number of transactions per store to improve its economic performance by produce innovation. "The only way to grow profitability is by increasing the number of transactions per store. We are not cutting back costs in advertising or training," he said. Besides improving the efficiency in stores, Domino’s also considers…

To improve the efficiency of the market, CRAs act as reliable information providers to collect and process information pertinent for the assessment of credit quality, and disseminate the results to financial market participants such as investors and portfolio managers. The rating information provided by CRAs will reduce information asymmetries in the market, and this will lead to a higher level of investor confidence, increased activities in the market and lower transaction costs. To begin with…

Meaningful Use in the medical field describes the adaptation of health care in three stages and is based on things like improving quality and efficiency of patient care, engaging patients and family members in the patients’ health, and the improvement upon population and public health. Stage one, which began in 2010, focused on the use of Electronic Health Records. The second, which took root in late 2012, increased the implementation of patient education, participation, and care-coordination. The…

Modeling and Its Importance to the Decision Making Process in Business Modeling and Its Importance to the Decision Making Process in Business CIS 331 System Modeling Theory Modeling and Its Importance to the Decision Making Process in Business When we refer to models, often times we picture a model as being something that is tangible, two or three dimensional, and a miniature replica of how we imagine a particular project. However, models can be used in practical everyday aspects…

have an established process that encompasses goals, values, and efficiency. A business outlines concrete procedures on how their employees should act and complete tasks. The organization of these procedures creates the Process that resonates throughout all employees and operations. It involves key elements that are unique but are universal to successful businesses. Customer Service involves many facets and is incorporated in all areas of business. If you’re a profitable business, such as Infosys…

Establishing better control over supplies is rather a detailed and labor-intensive process but it can significantly reduce supply spending. Although this can be labor intensive the cost savings is well worth it (Surgical Directions, 2013, p. 4). Efficiency The Operating Room efficiency is a measurement of how well time and resources are used on a daily basis (Philander & Kupietzky, 2013, p.1). In regards to efficiency it is important to utilize the Operating Room surgical rooms as much as possible…

2nd in the 2002 National Education Act (NEA). The purpose of this reform focused on improving efficiency and effectiveness of learning. Students were encouraged to become creative and critical thinkers, acquire facility with information technologies, and improve their learning and individual potential based on the student-centered learning approach. The purpose of this reform is focused on improving the efficiency and effectiveness of learning. Students were encouraged to focus on the skills of the…

Pursuit for competitive advantage is vital for the survival of any business organization’s supply chain. Businesses are feeling the difficulty to improve procurement and sourcing efficiency. The value that can be achieved through successful procurement practices is often a lot harder to achieve than many companies actually realize. If a company expects to grow and survive, it constantly needs to add value. Procurement is one area that has become a critical area of focus to create a more competitive…

Improving the Inventory Process Abstract MMAS manufactures and distributes high-accuracy metering products to the North American utility, sub-metering and industrial markets. The company recently revamped its procurement processes, switching from offshore to domestic parts suppliers for some components to provide more flexibility in its supply chain. Workers at its 100,000 sq ft manufacturing and distribution facility were bogged down with a paper based, manual inventory management process…