Affected by international trade war, a toy product manufacturer plans to re-package its product and ship them to the Middle East markets instead of Western countries market. New processes to manage and to carry out the re-packaging are required. With reference to the certified ISO 9001:2015 quality management system of the company, determine:
1. (a) THREE clauses/sections of the quality management system that
are purposed to serve this kind of re-packaging changes. Briefly
describe how each of them works to achieve the purpose.
2. (b) FOUR clauses/sections of the quality management system that
are most affected. Describe briefly the corresponding changes in
the company practices or documentations required. The clauses or
sub-clauses should be different from those in part (a).
In: Operations Management
1. Ruthie Long, 84 years of age, presents to the clinic for an annual checkup. The nurse updates the patient’s history by asking her if she has had any gastrointestinal pain associated with meals, at rest, or with activity, or with having a bowel movement. The nurse also asks the patient if she has had any unexplained weight loss or weight gain since her last annual checkup. The nurse asks the patient if she has had any changes in her bowel habits or changes in the usual stool characteristics. The patient stated she has had no such problems. (Learning Objective 3)
What age-related considerations should the nurse utilize when
performing the focused physical assessment for the gastrointestinal
system?
In: Nursing
Volusia, Inc. is a U.S.-based exporting firm that expects to receive payments denominated in both euros and Canadian dollars in one month. Based on today's spot rates, the dollar value of the funds to be received is estimated at $500,000 for the euros and $300,000 for the Canadian dollars. Based on data for the last fifty months, Volusia estimates the standard deviation of monthly percentage changes to be 8 percent for the euro and 3 percent for the Canadian dollar. The correlation coefficient between the euro and the Canadian dollar is 0.30. Assuming an expected percentage change of 0 percent for each currency during the next month, what is the maximum one-month loss of the currency portfolio? Use a 95 percent confidence level and assume the monthly percentage changes for each currency are normally distributed
In: Finance
A network organizational structure includes the following weaknesses
Select one:
a. Determining team boundaries can be difficult, requires changes in culture, job design, management philosophy, etc., and traditional managers may balk at giving up authority.
b. Lacks hands on control, top managers do not have direct control over most employee work activities, and employee loyalty is weak to the main company.
C. Determining team boundaries can be difficult, requires changes in culture, job design, management philosophy, etc., and traditional managers may balk at giving up authority.
d. Too much control by individual biases, can lack interaction between organizational members, and involves restricted view of organizational goals.
In: Operations Management
The Open Economy Model
Assume that in a small open economy with full employment, consumption depends only on disposable income. National saving is 300, investment is given by I = 400 – 20r, where r is the real interest rate in percent, and the world interest rate is 10 percent.
If government spending rises by 100, does investment change? What is the level of investment after the change?
Does the trade balance change if G rises by 100? If it changes, does it increase or decrease, and by how much?
Does net capital outflow change if G rises by 100? If it changes, does it increase or decrease, and by how much?
Will the real exchange rate rise, fall, or remain constant as a result of the change in G? Show it in a graph, and explain the results.
In: Economics
Suppose the U.S. has a closed economy with GDP (Y) equal to $20.3 trillion, consumption (C) equal to $12.0 trillion, government spending (G) equal to $3.9 trillion, transfer payments (TR) equal to $1.8 trillion, and taxes (T) equal to $4.2 trillion.
Suppose the government passes legislation to reduce the size of its debt by reducing government spending by $0.4 trillion. What must happen to total savings (S)? That is, what is the dollar amount by which total savings changes? Assume the values for GDP, consumption, taxes, and transfer payments do not change. Provide your answer in trillions of dollars rounded to one decimal place. Use a negative sign "-" for negative changes. Do not include any symbols, such as "$," "=," "%," or "," in your answer.
In: Economics
Subject: MARKETING MANAGEMENT
Identify a company which is a major service provider for any of the mass marketed services in Bahrain operations and prepare a project on the following lines:
PROJECT GUIDELINES:
|
1 |
A brief history about the company, description of products |
|
2 |
PESTLE analysis of the markets and appropriateness of the Marketing Mix |
|
3 |
Suggested changes in the Marketing mix |
In: Economics
Formally assess whether usage is a significant predictor of mean
interruptions, providing numerical justification (test statistic
and
P-value) for your conclusion. Carefully interpret what the
estimated model tells you about how
the expected number of interruptions changes as the daily usage
changes.
DATA four; INPUT interruptions usage; cards; 0 104.2 2 124.6 5 176.3 6 169.3 1 104.6 2 115.8 3 127.8 6 179.4 8 210.5 4 126.7 0 100.5 1 119.5 1 123.8 0 106.4 4 156.7 3 148.2 5 156.2 6 167.3 8 198.2 2 124.6 3 145.9 4 156.2 ; run;
In: Statistics and Probability
Managerial Decision Making Research and Analysis Focus of the
Final Paper Research a specific company of your choice and identify
some of the managerial decisions that were made over time and in
response to changes in its market or competitive environment. Use
the Ashford University Library and web-based sources for your
research. At least three external scholarly sources must be used in
addition to the textbook.
Address all of the following areas: Describe the company and
provide a brief history of its operations. Find or use graphs to
illustrate its financial performance over the years. Describe any
sources of risk or uncertainty in its operations. Do the financial
reports indicate risky or uncertain activities or changes to the
economic environment that ultimately appear to have affected the
company
In: Economics
Lakeside Inc. produces a product that currently sells for $52.00
per unit. Current production costs per unit include direct
materials, $14; direct labor, $16; variable overhead, $7.00; and
fixed overhead, $7.00. Product engineering has determined that
certain production changes could refine the product quality and
functionality. These new production changes would increase material
and labor costs by 20% per unit. Lakeside has received an offer
from a nonprofit organization to buy 8,400 units at $38.40 per
unit. Lakeside currently has unused production capacity.
Required:
a. Calculate the effect on Lakeside's operating
income of accepting the order from the nonprofit organization.
ANSWER:
Increase in operating income by: ___________________
In: Accounting