Why is it important to prepare a financial budget?
Explain what is meant by the term "time value of money". For example, why might it be better to receive $8 today, over receiving a promise of $9 seven years from now?
How should one consider the time value of money when planning for retirement? Please share examples within your response.
In: Operations Management
Ron supervises three operations at ACME Company – filling, packing, and labeling. He was promoted from within the organization. Last week, Ron informed his operations manager Dan that he was resigning for a better-paying job and one that is closer to his residence. Ron gave Dan a month’s notice and offered to onboard the new supervisor. Each operation is staffed with a crew of lowly-skilled employees but with long tenure and decent pay. Over the course of their employment, they have formed a bond and an informal leader has surfaced from each crew. Ron is facing several operational issues. Employee motivation has been diminished. Morale is low, and absenteeism is at 10%. Overtime rate has risen to 20%. Employees perceive obvious favoritism and unfair labor practices. The productivity numbers are way below standard, and product returns have risen. Each crew seems to work as an island, and intergroup conflict is brewing. Communication is hampered by conflict, indifference, and alienation. Among the groups, Ron has identified two new college graduates as his potential successor; however, the groups especially the informal leaders have not accepted them completely. Therefore, neither can expect a warm welcome from employees who may be passed over for the promotion. Dan is thinking of recruiting outside candidates for the position. This person must be fit for the job and quickly address the issues facing the operations. You are tasked to hire and select the best candidate for the job. Apply all the organizational behavior theories and concepts you have learned over the past few weeks.
Research and present the following requirements: Job description – List all the job information, qualifications, and responsibilities suitable for this position. Recruitment plan – Design how to draw the best applicants for this job including advertising, job posting, and any incentives. Selection process – Use an effective method for narrowing down the list for and selecting the best applicant. Interview Questionnaire – Prepare a list of questions that will be asked during the interview process.
In: Operations Management
You have to site a new paper/pulp factory. Given the choice, where would you locate it - on an estuary, on a river or on land? Explain the possible problems in each case and justify your decision.
In: Operations Management
In: Operations Management
In: Operations Management
Skinner's Fish Market buys fresh Boston bluefish daily for $4.2 per kilogram and sells it for $5.7 per kilogram. At the end of each business day, any remaining bluefish is sold to a producer of cat food for $2.4 per kilogram. Daily demand can be approximated by a normal distribution with a mean of 96 kilograms and a standard deviation of 15 kilograms.
What is the optimal stocking level?
*Round your answers to 3 decimal places in your calculation if necessary.
In: Operations Management
What are the disadvantages of high image rating ?
In: Operations Management
Hi,
Please write a short story in around 600 words about "a number of aliens who are going to contact with the people on the Earth". Please try to make the story as interesting as possible. The story must include 10 words from the following list: Fortune, appliance, fortnight, caution, creature, literature, access and cautious, nuisance, ruin, disastrous, distribute, counterfeit, certificate, collapse, gimmick, conscious, collection, magician, tragedy.
Thank you
In: Operations Management
To what extent can the transmedia storytelling approach be used for marketing non entertainment products? What contextual factors would determine the applicability and effectiveness of this approach?
In: Operations Management
In: Operations Management
Everyone is motivated by something.
True
False
In: Operations Management
please share your opinons
As an HR director of 5 starts hotel, what can you do to create employee engagement during this COVID-19 for:
Your work from home (WFH) employee, your unpaid employees and your active working employees.
In: Operations Management
Hello,
can you assist with the below?
In: Operations Management
BUSI 1110
Summer 2020 Weekly Assignment
Assignment number
9
General Information
Description
Chapter
Motivating Satisfying and Leading Employees
Due date
Prior to start of following week’s session
Students will answer a list of assigned questions. In order to receive full credit for each question, students need to sufficiently support answers with relevant application of course concepts and theories. All sources should be correctly cited using APA guidelines.
Report guidelines
Students will require to submit their weekly assignments online (Moodle) on or before the due date to location created under each week. All files should be submitted using pdf extension labelling the file name using the format <last name>_<first name>_<assignment number>.pdf. Students could also create other modes of submission such as power point, graphics, video clips etc..., in such events please speak to the instructor for uploading instructions. All submissions should be properly formatted, checked for spelling, grammar and use professional language. Students will use Font style Times New Roman and size 11 with a spacing of 1.5
Assignment – Week 9
1. Reflecting the motivation theories discussed, which theory do you think is most suitable to motivate?
a. Fast food chain employee b. Accountant
Explain your reasoning by applying to the motivational theory for positions a) and b)? (8 points)
Identify the hygiene and motivational factors for following positions
Accountant (3)
University student following BUSI 1110 (3)
Cashier at a super market (3)
Following assignment guidelines, reliable and sufficient research performed to support the argument. Sources cited to support statements. Clear and concise writing (5 points)
Total Points 22 – (Percentage 5%)
Revision May 2020
Page 1
In: Operations Management
Explain the police subculture/culture and state and explain 5 causes.
In: Operations Management