2.The importance of taking inventory in both perpetual and periodic inventory systems (mention some control mechanisms)

Many countries have universal healthcare, what if the United States followed suit:

How would the health care be financed?

Would there be any limits to put into place?

Who will be in charge of monitoring performance and quality?

Will there be any rationing of care or ability for experimental treatment/ drugs and cosmetic surgery?

Exercise 6.1: Interviewing Change Recipients

Your task is to interview three employees, they can be in the same or different organizations. Ask them to think back to an organizational change that they experienced, and to answer the following questions:

1. Were they presented with an organizational vision for this change, and if so: What was the vision? What effect did this have on them? Were they involved in developing the vision? To what extent did the vision motivate them to engage in the change? How central was the vision to implementing the change?

2. If your interviewees were not given an organizational vision for this change, ask them: Would a vision have helped them to understand and become involved in the change? How important is vision to achieving organizational change?

When you have completed your interviews, consider the responses that you have documented. What general conclusions emerge regarding the relationship between vision and organizational change? What have you learned from this exercise/

All trucks traveling on Interstate 40 between Alburquerque and Amarillo are required to stop at a weigh station. Trucks arrive at the weigh station at a rate of 200 per 8-hour day, and the station can weigh, on the average, 220 trucks per day.

Determine the average number of trucks waiting, the average time spent waiting and being weighed at the weigh station by each truck, and the average waiting time before being weighed for each truck.

If the truck drivers find out they must remain at the weigh station longer than 15 minutes on the average, they will start taking a different route or traveling at night, thus depriving the state of taxes. The state of New Mexico estimates it loses $10,000 in taxes per year for each extra minute that trucks must remain at the weigh station. A new set of scales would have the same service capacity as the present set of scales, and it is assumed that arriving trucks would line up equally behind the two sets of scales. It would cost $50,000 per year to operate the new scales. Should the state install the new set of scales?

Suppose passing truck drivers look to see how many trucks are waiting to be weighed at the weigh station. If they see four or more trucks in line, they will pass by the station and risk being caught and ticketed. What is the probability that a truck will pass by the station?

Each year, Florida's Best Salad Dressing, Inc. (FBSD) purchases 50,000 gallons of extra virgin

olive oil. Ordering costs are $95.00 per order, and the carrying cost, as a percentage of inventory

value is 80 percent. The purchase price to FBSD is $0.50 per gallon. FBSD’s management currently

orders the EOQ each time an order is placed. No safety stock is carried. The supplier is now offering a

quantity discount of $0.03 per gallon if FBSD orders 10,000 gallons at a time. What is the net benefit

in dollars if FBSD takes the discount?

How Organizational Behavior applies to management and the business setting?

You have been asked by the head of marketing to design an instrument by which your private, for-profit school can evaluate the quality and value of its various curricula and courses. How might you try to ensure that your instrument has:
a Stability?
b Equivalence?
c Internal consistency?
d Content validity?
e Predictive validity?
f Construct validity?

Warren Buffett is an extremely powerful owner and businessman. Out of the five sources of power, identify one source of power that Mr. Buffet holds. Explain why you selected this one source.

Transactional leadership focuses on the rewards associated with doing a good job. In one paragraph, describe how Warren Buffett is a transactional leader..

Assess your own knowledge, skills, and abilities. Briefly describe your own personal motivation and your leadership traits.

Would you be able and willing to run one of Mr. Buffett's companies? Be sure to justify your response.

The recent outbreak of novel coronavirus (COVID-19) has introduced new challenges to the business environment. It is also having an impact on the global economy with tourism, aviation, education, and hospitality the initially hardest-hit industries. Almost all global supply-chains are affected at some level. Realistically, many sectors will be affected to different degrees, with many organizations implementing policies to limit employee travel and to prepare employees to work from home if necessary and if possible, to ensure the safety of their employees. The outbreak is moving quickly, and most countries are trying to respond quickly to contain the impact. However, the spread of the virus may continue through 2020 and impact the operations of many industries for months to come.

Q. Analyzing the main paradoxes that could face the universities in managing the required organizational change.

Write a 525- to 700-word detailed outline of your Market Research Implementation Plan in which you address the following:

• Describe your selected organization and scenario.
• Based on your selected scenario, identify the detailed areas in which market research is needed - such as population, target market, and per capita - and describe their importance to the organization in the selected scenario.
• Develop an outline with headings and a brief paragraph for each of the sections that you anticipate having in your final Market Research Implementation Plan. You may decide to change these sections in future weeks.

What common mistake do researchers make in data collection within the healthcare domain?

What is the most useful source of information on customers generated by any company? Identify all the possible data available on that source.

Your friend, Jamie, works for BMS in Princeton, NJ.   When you met Jamie out for drinks last weekend, she told you that she has been battling a gambling addiction that has been causing her to go into debt, lose her car, and other various issues including arguments with her boyfriend, friends, and finally at work.  Jamie cursed and pushed a co-worker last week and the co-worker reported her behavior to HR.  She said that her supervisor met with her and gave her a Disciplinary Form following this incident. Jamie said that her supervisor told her she had better contact the company's EAP and get enrolled into counseling or else she can be fired.  

Jamie needs your help, what is an EAP and what type of action has her supervisor taken?