Reply to the discussion posts in your own words:
Discussion 1
1) Are these concepts related in any way? How?
I believe they are. Strategy evaluation analyses the current state of the organization through information that has been collected regarding performance. With sharpening the saw, it too is about evaluating, and then taking that information and using it to renew ourselves in order to maintain balance in our lives. Both of these concepts have a focus on evaluation and then improving from the conclusions we come to.
2) How do you see the personal activity of "Sharpening the Saw" correlating or integrating at a personal level with the strategy evaluation stage?
I can see the personal activity of sharpening the saw correlating at a personal level with the strategy evaluation stage because depending on your own level of self renewal at the time, you may be at the strategy evaluation stage of sharpening the saw to determine if the efforts you have done thus far are effective or if you need to change something based on the way you feel. You may have gotten through the strategy evaluation stage and determined that you have worked on your mental dimension and are satisfied but you have neglected the physical dimension and need to improve. By integrating the strategy evaluation stage with the habit of sharpening the saw, you can continue to evaluate the strategy to determine if it was effective or if you have neglected a dimension and must go back and address it.
3) We believe that the evaluation stage is a critical stage in the strategic management process. Why do you think Habit 7 is critical to your personal and professional success as an individual?
I think habit 7, sharpening the saw, is highly critical for personal and professional success as an individual because we cannot perform or think clearly at our best if physically, mentally, spiritually, and socially/emotionally we are not in our best mindset. Once we can be satisfied with these four dimensions is when we can perform at our best. We have to take care of ourselves first or eventually, it will begin to show in the work we produce, our communication with others and our involvement at the office and with coworkers.
Discussion 2
1) Are these concepts related in any way? How?
In my opinion, I do feel that the two concepts are related. Strategy evaluation is an important tool with evaluating how a business has performed while "sharpening the saw" involves improving performance of the most important asset which is you. They both focus on reflecting and brainstorming on how to make either a business or an individual better in some type of way. Finding a balance in every aspect of a business or a person's life is important because it helps with stability and assists with building a more positive reputation.
2) How do you see the personal activity of "Sharpening the Saw" correlating or integrating at a personal level with the strategy evaluation stage?
The personal activity of sharpening the saw focuses on four areas of a person's life which are physical, social/emotional, mental, and spiritual. These all can correlate at a personal level with the strategy evaluation stage because after reevaluating how things are in each area, an individual can strategize on how to improve each. Depending on the type of schedule a person has and where they are in life, these areas will constantly evolve and will always need to be reevaluated. Therefore, in a sense, strategy evaluation will always be necessary. It is a part of life. The way I look at it, the outcome of being consistent with these concepts is success.
3) We believe that the evaluation stage is a critical stage in the strategic management process. Why do you think Habit 7 is critical to your personal and professional success as an individual?
I think Habit 7 is critical to my personal success because I am constantly battling personal issues which is normal but finding the balance is what keeps my engine running. I pride myself on being happy with my relationships with the people I have in my life and being healthy so that I can be of value to others. I like to fill my agenda with productive things so I constantly work on my inner self to be able to execute these personal goals successfully. I feel the same way for my professional success. I set out a lot of goals for myself and strive to always achieve them. With this being said, I always have in the back of my mind that elevating takes proper planning and reflecting afterwards.
In: Other
In: Other
Elements of Organizational Structure
This activity is important because as a manager elements of your organization's structure will affect how work tasks and decision making are accomplished. One way to understand differences in organizational structures is to evaluate its specific elements, which can affect organizational performance
The goal of this activity is to demonstrate your knowledge of organizational structure elements by matching each element to the corresponding scenario. Consider that Alex is a full-time employee who is pursuing his MBA on nights and weekends. For an assignment, he must describe elements of his own organization's structure. Match his descriptions to the element of structure that he is describing.
50 employees- alex is one of over 50 employees who report directly to the vice president of marketing.
Final Say- alex and his coworkers are given the freedom to make the final decisions that are within their job scope.
Discretion- Although there is a set of guidelines for his job, Alex has a lot of discretion.
Many Responsibilities- Alex takes on many responsibilities in the office he's technically a market analyst, but often involved in designing campaigns and managing accounts.
Reporting- Alex reports to the marketing director,regardless of what project he is working on.
In: Other
A systems developer needs to provide machine-to-machine interface between an application and a database server in the production environment. This interface will exchange data once per day. Which of the following access control account practices would BEST be used in this situation?
A.Establish a privileged interface group and apply read -write permission.to the members of that group.
B.Submit a request for account privilege escalation when the data needs to be transferred
C.Install the application and database on the same server and add the interface to the local administrator group.
D.Use a service account and prohibit users from accessing this account for development work
In: Other
As a consultant to a customer service facility, Hans is conducting a leadership training seminar. He encourages several managers who are present to describe their success as leaders. Stewart says that he is successful because when he tells his subordinates to do something, they do it because he's the boss and that's that. Kim explains that she can get her employees to do what she wants because they like her and they want her to like them. Sara says that all the others should use her secret: "If I can't get someone to work, I just take away their leave privileges and that corrects that problem!" Scott gets more work from his team by getting the upper management to sanction incentives to the top performers of the month. Which of the following types of power does Stewart exhibit?
Referent power
Expert power
Legitimate power
Reward power
Coercive power
In the scenario, which of the following types of power does Kim exhibit?
Referent power
Expert power
Legitimate power
Reward power
Coercive power
In the scenario, which of the following types of power best describes Scott's approach?
Referent power
Expert power
Legitimate power
Reward power
Coercive power
In: Other
A good description of "source inspection" is inspecting
a. materials upon delivery by the supplier
b. the goods at the production facility before they reach the customer
c. the goods as soon as a problem occurs
d. goods at the supplier's plant
e. one's own work, as well as the work done at the previous work station
In: Other
Assume there is a file which consists of 20 blocks. Consider that the file-control block is already stored in the memory. Calculate the number of disk I/O operations are required for contiguous and linked allocation strategies, if, for one block, the following conditions hold. Also assume that the block information to be added is stored in memory.
a. The block is added at the beginning.
b. The block is added in the middle.
c. The block is added at the end.
Note: Make suitable diagrams to illustrate the complete process rather than writing the direct results or answers.
In: Other
Which of the following sentences uses subordination? Multiple Choice
• Do you want to start with last year's files, or would it make more sense to look at this year's files first?
• My boss is busy on Monday, but she could meet with you on Tuesday.
• The project has already been approved, so we can start work on Monday.
• Our managers will have their meeting tonight, and they will let us all know the results tomorrow.
• Although we gave a polished presentation, the company chose to work with our competitors.
In: Other
Why is it important that an audit of a company’s operations be conducted by an independent organization? How could a firm benefit from working with NGOs to conduct a social audit of operations? What are the dangers of doing this? Which approach would you use if a major client wanted you to demonstrate your CSR commitment?
In: Other
An ice cream company collected data on their ice cream cones sales over a month in July in a Chicago suburb, along with daily temperature and the weather. The company is interested to develop a correlation between ice cream sales to the hot weather. Market research showed that more people come out in certain neighborhoods, to either enjoy the nice weather, or venture out if they do not have air conditioning in their apartments. The Chicago Police also tracked crime statistics during the same period. Crime statistics included murder, assault, robbery, battery, burglary, theft and motor vehicle theft. The data are shown below:
July |
Day Temp (F) |
Weather |
Ice cream sales (units) |
Crime stats reported |
1 |
83 |
Thunderstorm |
590 |
201 |
2 |
81 |
Thunderstorm |
610 |
220 |
3 |
84 |
Thunderstorm |
640 |
199 |
4 |
79 |
Partly sunny |
490 |
195 |
5 |
80 |
Mostly sunny |
550 |
187 |
6 |
84 |
Sunshine |
710 |
280 |
7 |
84 |
Sunshine |
690 |
261 |
8 |
86 |
Thunderstorm |
750 |
310 |
9 |
83 |
Shower |
720 |
254 |
10 |
86 |
Partly sunny |
850 |
300 |
11 |
83 |
Partly sunny |
690 |
219 |
12 |
84 |
Cloudy |
750 |
275 |
13 |
81 |
Thunderstorm |
450 |
156 |
14 |
82 |
Thunderstorm |
550 |
210 |
15 |
80 |
Heavy rain |
25 |
98 |
16 |
81 |
Heavy rain |
78 |
110 |
17 |
86 |
Sunshine |
790 |
256 |
18 |
81 |
Sunshine |
530 |
145 |
19 |
81 |
Sunshine |
490 |
199 |
20 |
80 |
Sunshine |
620 |
245 |
21 |
80 |
Sunshine |
690 |
260 |
22 |
79 |
Sunshine |
540 |
159 |
23 |
81 |
Partly sunny |
610 |
299 |
24 |
80 |
Partly sunny |
590 |
239 |
25 |
81 |
Partly sunny |
590 |
250 |
26 |
80 |
Sunshine |
580 |
200 |
27 |
87 |
Sunshine |
880 |
300 |
28 |
91 |
Sunshine |
1,059 |
361 |
29 |
90 |
Sunshine |
1,000 |
401 |
30 |
91 |
Partly sunny |
960 |
375 |
31 |
88 |
Partly sunny |
890 |
360 |
[ Select ] ["-3892.2 + 40.1(x); r^2 = .78", "-3462.4 + 49.4(x); r^2 = .78", "-2362.5 + 39.2(x); r^2 = 0", "-3432.6 + 41.3(x); r^2 = .61"] Develop a linear regression model for ice cream sales over daily temperature. Show the linear equation in the form of y = ax + b, and the correlation of determination (r^2).
[ Select ] ["1201", "1101", "1001", "1181"] What would be the projected forecast of ice cream sales in units, for daily temperature of 94 F?
[ Select ] ["-2808.1 + 41.9(x); r^2 = .86", "-1362.5 + 33.2(x); r^2 = .67", "-3932.6 + 51.3(x); r^2 = .93", "-2892.2 + 60.1(x); r^2 = .55"] On July 15 & 16 there were heavy down pour of rain, which might have prevented some to venture out to purchase ice cream during the day. If you were to override those 2 data points, what would be the linear regression model be (by deleting July 15 & 16 data).
[ Select ] ["second correlation is a better forecast", "need more data", "no different", "first correlation is a better forecast"] Compare the two correlation coefficients, which would be considered a better forecast for ice cream sales
[ Select ] ["92.2 + 10.1(x); r^2 = .61", "50.1 + 11.8(x); r^2 = .96", "32.6 + .39(x); r^2 = .71", "46.8 + .30(x); r^2 = .82"] Develop a linear regression on ice cream sales to crime statistics. Show the linear equation in the form of y = ax + b, and the correlation of determination (r^2).
[ Select ] ["no, correlation does not imply causality", "yes, strong correlation does imply causality"] Does this correlation demonstrate causation, that high ice cream sales cause crime statistics to go up?
In: Other
What is NOT included in the AIDA acronym?
Select one:
a. action
b. desire
c. attention
d. interest
e. attitude
In the initial introduction of the Prius, Toyota put much effort into building awareness of the emerging need for hybrid cars and also educating potential customers about what a hybrid car actually is. This is an example of the ________ stage in the AIDA model.
Select one:
a. attention
b. desire
c. action
d. interest
e. decision
________ provides an incentive, such as a coupon, for a customer to buy a product or for a salesperson to sell it.
Select one:
a. Promotional campaign
b. Media buying
c. Sales promotion
d. Advertising
e. Buzz marketing
A push strategy usually relies on a combination of sales promotion and ________ directed toward channel members.
Select one:
a. personal selling
b. virtual marketing
c. indirect marketing
d. social media promotion
e. public relations
Cho was in need of a new job after being laid off. Her friend suggested she put her resume on ________, a social media site geared toward working professionals and companies who use it for recruiting.
Select one:
a. LinkedIn
b. Google Plus
c. Facebook
d. Twitter
e. Reddit.com
In: Other
Read the overview beiow and complete the activities that follow.
In selecting which types of advertising medla to employ, the marketing manager must broddly consider reach and frequency, as well as any specific benefits and issues associated with a given type of actvertising medie. The greater the reach and higher the frequency. the more expensive the overall advertising campaign will be.
This activity is important because advertising budgets are not unlimited, and marketing managers are usually required to make tradeoffs when considering which type of advertising media to employ and the level of reach and frequency that can be obtained within the constraints of the reloted budget.
The goal of this exercise is to demonstrate an understanding of some of the pros and cons associated with the seven broad categories of advertising med a avallable to a marketing manager.
To much of the general public, edvertising is synonymous with marketing because advertising is a very visible side of marketing-not surprising, since advertising is one of the dominant forms of marketing communication. According to Ad Age, in 2015 spending by the top 200 US advertisers reached $ 142.5 billion.
In: Other
A campus deli serves 300 customers over its busy lunch period from 11:30 a.m. to 1:30 p.m. A quick count of the number of customers waiting in line and being served by the sandwich makers shows that an average of 10 customers are in process at any point in time. What is the average amount of time that a customer spends in process?
In: Other
According to Ohm's Law, if you have a simple circuit (Figure 2), what happens to the voltage and current of the resistor as the resistance increases?
If a 100 Ohm resistor is attached to a 5 V battery, how much current flows through the resistor?
If a wire's length is cut in half, what happens to the wire's resistance?
If a wire's area is reduced by half, what happens to the wire's resistance?
If the diameter and length of a wire are split in half, what happens to the resistivity, p?
In: Other
Our society receives untrue or biased information without realizing it. Because people do not realize they are receiving false information, they are negligent in receiving the “real news” when there is a correction. This creates false rumors to be spread amongst teenagers and adults. Our target customers are adults aged 30 or older, who are on the go most of the time. In general, our customers want unbiased news stories; or, at least the benefit of knowing whether or not what they are reading is opinionated or factual. We are choosing to target our customer to those who are on the go because they are more likely to purchase/downloadour APP to obtain accurate news stories, compared to taking the time to buy a newspaper or watch a segment on the television. Additionally, it is time-consuming to flip through the newspaper searching for a story that seems factual or waiting for the news reporter to cover what the customer is interested in. Instead, the customer has the ability to search top news stories and learn what is going on in the world within minutes. What are your costs to create, develop, and deliver the product or service?
In: Other