You work for an operating company and an okd friend from college is now a senior manager with a service company. You are working in a very busy area and there is robust competition for your good services, including many competitive bids. What should you do?
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Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
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- When the idea first occurred to her, it seemed like such a win-win situation. Now she wasn't so sure. Marge Brygay was a hardworking sales rep for Inspire Learning Corporation, a company intent on becoming the top educational software provider in five years. That newly adopted strategic goal translated into an ambitious, million-dollar sales target for each of Inspire's sales reps. At the beginning of the fiscal year, her share of the sales department's operational goal seemed entirely reasonable to Marge. She believed in Inspire's products. The company had developed innovative, highly regarded math, language, science, and social studies programs for the K— 12 market. What set the software apart was a foundation in truly cutting-edge research. Marge had seen for herself how Inspire programs could engage whole classrooms Of normally unmotivated kids; the significant rise in scores on those increasingly important standardized tests bore Out her subjective impressions. Bur now, just days before the end of the year, Marge's sales were $1,000 short of her million-dollar goal. The sale that would have put her comfortably over the top fell through due to last-minute cuts in one large school system's budget. At first, she was nearly overwhelmed with frustration, but then it occurred to her that if she contributed $1,000 to Central High, the inner-city high school in her territory probably most in need of what she had for sale, they could purchase the software and put her over the top. Her scheme would certainly benefit Central High students. Achieving her sales goal would make Inspire happy, and it wouldn't do her any harm, either professionally or financially. Making the goal would earn her a $10,000 bonus check that would come in handy when the time came to write out that first tuition check for her oldest child, who had just been accepted to a well-known, private university. Initially, it seemed like the perfect solution all the way around. The more she thought about it, however, the more it didn't quite sit well with her conscience. Time was running out. She needed to decide what to do. 1. Donate the $1,000 to Central High, and consider the $10,000 bonus a good return on your investment.To improve productivity, employers expect employees to use computers and computer software. Typical business applicationsinclude email, word processing, spreadsheets, graphics, and other business application software programs. By improving yourskills in these areas, you can increase your chances not only of being employed but also of being promoted once you areemployed.Assignment1. Assess your computer skills by placing a check in the appropriate column in the following table: 2. Describe your self-assessment in a written report. Specify the skills in which you need to become more proficient, and outline a plan for doing this.which of the following options is not a quaity management principle according to ISO 90001: a. continuous improvement b. relationships management c. development of Human resources d. leadership
- You're a shift supervisor at GFC, a multi-national retail company, and you have been in your position for three years. Recently, you got a new General Manager for the store, and they have instituted some changes in inventory reporting and employee evaluation with the aim of increasing efficiency. One of these new changes, weekly employee evaluations, has begun to take up a significant amount of your time. The new form you must fill in for each of your hourly employees is extensive, and the manager wants all one of these completed for each employee that covers and accounts for every shift they work during a week. You have gotten the reports completed on time, but only by spending hours each day recording notes. That time has taken away from your time on the floor, your ability to work with employees 1:1, and your other tasks. You see the value of having a good record of employee performance, but at this rate you will have to significantly reduce other duties just to complete these…Ethical Dilemma One year out of the university system, Randy was hired by Meeker, a medical warehouse that provides pharmaceutical products to various hospitals and clinics within a three-state area. Meeker was the dominant company in the market. As a new employee, he was required to go through extensive training to learn about hospital and clinic regulations, laws, various system procedures, and software applications. The two-month training included descriptions of the usual type of emergencies experienced in clinics and hospitals and what the needs were concerning equipment and supplies. He learned how to use various products and equipment and to train others in these areas. Part of his training was working in all areas of the medical warehouse. One day Randy’s supervisor, Cheryl, brought him into her office to discuss his next assignment. She explained to him that several of the hospitals they serve were about to begin their annual inventory counts. When these inventory counts…As a System analysis explain in your own words: a.) Duties of the position b.) expected growth and its outlook c.) salaries d.) working conditions e.) major companies that hire for that particular position
- De Rosario is in the process of determining the best cell phone software and phone service for his new business and getting it up and running. De Rosario is thinking about his company’s. Select one: a. Budget constraints b. Advantage in the marketplace. c. Personnel requirements d. Technical requirements1. ________ means employees are hired for a specified period of time, typically to assist with heavy work periods or to temporarily replace an employee on leave. A. Full-time employment B. Part-time employment C. Temporary employment D. Employment-at-will 2. New employees should do all of the following EXCEPT: A. Determine if your company has an orientation/introductory period B. Identify when you become eligible for benefits C. Identify your coworkers' salary schedules D. Identify factors that will be used to evaluate performance 3. ________ means employees work 40 or more hours per week. A. Full-time employment B. Part-time employment C. Temporary employment D. Employment-at-willMr. Ali is a fresh graduate and he is employed at ABC Company. He is a fresh graduate and it’s his first professional job. The job pays him pretty well but he is still unhappy with job.a. Develop an account of the current thinking about the relationship between job performance and job satisfaction. Examine what could be the possible reasons behind Mr. Ali being unhappy with his job?b. If Ali’s supervisor believes that ‘happy employees are productive employees’, what kind of problems might he encounter? Be sure to emphasize the role of rewards in your answer.
- Good evening please help me with this question from my textbook In four-five sentences, explain your understanding of the following terms. Provide examples tosupport your answer.Q.1.1 Quality. Q.1.2 Job Description. Q.1.3 Consumer Behaviour. Q.1.4 Costs. Q.1.5 Just-in-time system.You are employed as a Senior Office Manager in a call center based in London. The company provides customer care services to a UK fashion retailer. Your company reduces operating cost by having remote call center agents who are based in the UK but has got access to a network of computers, a call center software, a headset and a reliable Internet connection. You maintain a team of 10 people, 6 of them are administrative clerks and 4 are senior managers who deal with customer complaints, retention and cancellation. The Managing Director has announced that the offices will be relocated to the area around Salford , Manchester in order to reduce costs. He has asked you to lead a small team from the office and involve consultants to plan and execute this move. She wishes to retain the same size administrative team. In his announcement, he also confirmed the three core targets associated with the move. These include: a) Real-time Control System: Creation of several easy-to-read dashboards and…Q2. Should companies pay educational assistance? Assume that it was for a degree in information technology. What if a competitor offers a higher salary to the successful graduate? How could you make sure the company's investment remains in the organization?