Lehman Bros Consulting Case You are to make an assessment of the issues within Lehman Brothers from 2000 until its' fall. You have access to all the material available in this field/discipline (remember to give credit). Consider this is an assignment you have been given as part of a consulting firm hired by the board to help Lehman Brothers. You are to write the Case as a consultant who is making an assessment of the issues in an organization. We have covered the environment, structures, individuals, and groups. Using the material found in “The Colossal Failure of Common Sense”, you are to provide an example of each of environment, structures, individuals, and groups from the book. You should identify examples or illustrations of the material we have covered and provide your reasoning for including those particular examples or illustrations. Four pages should begin to cover the material if you are diligent in your editing using APA. A simple outline of the case would be: Introduction to the case – should include a background of the case, and at least three major issues you have identified. An assessment of McDonald, as an individual, and the factors (from the information available to you) that may have provided the foundation for who he appears to be. As part of this assessment you should provide a recommendation for his employment and give your reasoning. Analysis of the issues in the case using class developed material to help with understanding. The analysis should include an understanding of the four major issues in OB (individuals, groups, structures, and the context), the multiple lens we view each of the issue through (the academic disciplines) and the multiple perspectives we use to understand and add value to organizations (internal and external). Recommendations you would make to the Board of Directors should include at a minimum your response to the issues you have pointed out in the introduction. You would want to consider all the components of the course in your case.

A cellular phone service provider is offering a new calling plan that it claims will result in an average savings of more than 20% for its customers who switch to the plan. To evaluate this claim, a consumer watchdog organization contacted a random sample of this provider's customers who enrolled in the new plan and computed their individual savings (as a percentage of their original monthly bill).

PctSavings(%)

9.84

14.13

15.01

23.47

19.07

21.37

19.64

22.38

26.56

22.52

23.11

18.77

32.77

(1) Use Minitab to construct a normal probability plot to check the normality condition. Report the value of the Anderson-Darling statistic (AD) below.

AD = (rounded to 3 decimal places; 2 for Minitab Express)

(2) Use Minitab to conduct a test to see if there is enough evidence for the provider's claim. Report the value of the appropriate test statistic and the p-value.

Test Statistic Value =  (rounded to 2 decimal places)
p-value =  (rounded to 3 decimal places; 4 for Minitab Express)

A terrible feature about remembering is the inability to forget. For many in the military and armed forces, this inability to forget traps them with a particular feeling associated with a particular moment. As the rules of war are uncompromising, the traumatic scars, both physical and emotional, hold power in the lives of those who have faced war. Over the years, posttraumatic stress disorder (PTSD) diagnoses have expanded to include victims of rape, environmental disasters, or any other event producing insurmountable and atypical levels of stress for an individual. When exceptionally stressful and atypical events occur in life, it is natural to feel discomfort or even trauma in response to the situation. Does everyone who experiences trauma become diagnosed with PTSD?

For this Discussion, consider whether the diagnosis of trauma always leads to the development of PTSD. If not diagnosed with PTSD, think about what alternative diagnoses might be possible for a client. With these thoughts in mind: Post a brief explanation of whether experiences of trauma always lead to the development of PTSD and explain why or why not. Then explain possible alternative client diagnoses.

Cars on Campus. Statistics students at a community college wonder whether the cars belonging to students are, on average, older than the cars belonging to faculty. They select a random sample of 47 cars in the student parking lot and find the average age to be 9.7 years with a standard deviation of 6.5 years. A random sample of 48 cars in the faculty parking lot have an average age of 3 years with a standard deviation of 3.8 years.

Note: The degrees of freedom for this problem is df = 73.845664. Round all results to 4 decimal places. Remember not to round for intermediate calculations!

1. The null hypothesis is ?0:??=??H0:μs=μf. What is the alternate hypothesis?
A. ??:??<??HA:μs<μf
B. ??:??≠??HA:μs≠μf
C. ??:??>??HA:μs>μf

2. Calculate the test statistic.  ? z t X^2 F  =

3. Calculate the p-value for this hypothesis test.  
p value =

4. Suppose that students at a nearby university decide to replicate this test. Using the information from the community college, they calculate an effect size of 1.26. Next, they obtain samples from the university student and faculty lots and, using their new sample data, conduct the same hypothesis test. They calculate a p-value of 0.029 and an effect size of 0.821. Do their results confirm or conflict with the results at the community college?
A. It contradicts the community college results because the effect size is much smaller.
B. It contradicts the community college results because the p-value is much bigger
C. It confirms the community college results because the effect size is nearly the same.
D. It can neither confirm or contradict the community college results because we don't know the sample sizes the university students used.
E. It confirms the community college results because the p-value is much smaller.

The next two questions (7 and 8) refer to the following:

The weight of bags of organic fertilizer is normally distributed with a mean of 60 pounds and a standard deviation of 2.5 pounds.

7. What is the probability that a random sample of 33 bags of organic fertilizer has a total weight between 1963.5 and 1996.5 pounds?

8. If we take a random sample of 9 bags of organic fertilizer, there is a 75% chance that their mean weight will be less than what value? Keep 4 decimal places in intermediate calculations and report your final answer to 4 decimal places.

The next two questions (8 and 9) refer to the following:

Question 10 and 11

Suppose that 40% of students at a university drive to campus.

10. If we randomly select 100 students from this university, what is the approximate probability that less than 35% of them drive to campus?

Keep 6 decimal places in intermediate calculations and report your final answer to 4 decimal places.

11. If we randomly select 100 students from this university, what is the approximate probability that more than 50 of them drive to campus?

Keep 6 decimal places in intermediate calculations and report your final answer to 4 decimal places.

12. Suppose that IQs of adult Canadians follow a normal distribution with standard deviation 15. A random sample of 30 adult Canadians has a mean IQ of 112.

We would like to construct a 97% confidence interval for the true mean IQ of all adult Canadians. What is the critical value z* to be used in the interval? (You do not need to calculate the calculate the confidence interval. Simply find z*. Input a positive number since we always use the positive z* value when calculating confidence intervals.)

Report your answer to 2 decimal places.

Scenario

Janet is the newly appointed HR Representative with Global Plastics, Inc. This organization operates in the United States, Europe, and Asia and has fared worse than its competitors during a recent economic downturn. Janet’s predecessor retired after leading a major reduction in force, causing a significant exodus of key talent. With revenue, quality, and productivity down, management set several goals to address the human resources component of the company’s strategic plan:

• quickly re-invent the Human Resources function
• reposition it as a strategic partner to the business
• improve employee perceptions of her department
• retain top talent and develop a steady but highly-qualified stream of candidates to fill regular as well as critical positions

In her first month on the job Janet discovered the following issues:

• The recent departure of several mission-critical employees disclosed no systematic means of capturing expertise from employees; when they left, their knowledge left with them.
• HR's participation in the onboarding process of new employees was limited to having them attend a half-day orientation session where, between a video and a slide presentation about the company, they filled out benefits-related, payroll, ID and other paper forms. The new employees departed the session with little understanding of the mission and the respective role they each play in supporting and moving the mission forward.
• Aside from providing a coordinating function, human resources had outsourced recruiting to third parties who presented candidates based on their internet postings and other sources. No matter the level of the open position, human resources rarely conducted interviews or assessments before or after handing over the resumes from the outsourced recruiter to the appropriate hiring department. Human Resources would get involved again only when a candidate was selected.
• Training and Development (T&D) had largely been outsourced to several companies that provided generic on-line courses. The assessment of these courses added little value to the employee’s respective position.
• Job titles didn't reflect the work people did, and were used instead as a framework for budgeting and compensation. Many employees were doing unique work requiring different knowledge and skills.
• Job descriptions were inconsistent, long but vague lists consisting of high level duties, responsibilities, and qualifications.
• The Performance Employee Evaluation Program didn't align with anything, was viewed by managers and individual contributors alike as a burdensome annual chore that interfered with people's "real jobs."
• Attracting the top talent remains a continual challenge especially in its overseas operations. The turnover rate remains 20% higher than at Global Plastics US divisions.
• OSHA violations continued to increase over the past 24 months even after the organization committed to reduce the number of workplace safety incidents.

1. You are acting as a HR Consultant. Develop a strategic plan for Global Plastics, Inc. Human Resource department to address the issues Janet discovered and achieve the goals outlined in the scenario. Your strategic plan should include all elements of a strategic plan and address the following:

a. Align each of the issues with the goals in the company’s strategic plan.

b. Establish metrics to measure attainment of each of the goals.

c. Evaluate how the strategy will address each issue identified in the scenario.

The company was established with authorized capital 300 000$, of which 200 000$ were in cash, 60 000$ was in Building, 40 000$ was in equipment. The company has employees with salary      15 000$. During the week the company acquired a car for company needs, by the price 20 000$ and paid in cash the full amount. Then it obtained office supplies from Intellect LLC by the price 2000$, but paid 20% in cash. In order to get familiar to the publicity, the company arranged several interviews with one of the channels, and for this cause preliminary rented a room (which included snack and service) in PLAZA, and paid in advance in cash the amount 8000$ for the whole month. The company was supplied with goods from Craft LLC by the price 100 000$, plus freight-in charges in the amount of 3000$. During the check, there were found out that some goods are damaged, and some are provided incorrectly against the invoice. The damaged goods amounting to 6000$ were returned to Craft LLC, and despite of fact that there was incorrectness in provision of some goods, the company considered them still eligible for sale, but claimed allowance for them in the amount of 4000$. Craft LLC agrees and states that if our company makes the payment for the goods in 15 days, it will get an additional 10% discount on the price. Our company makes the payment during the discounting period. During the month company makes sales amounting to 220 000$ to Barnes LLC and send them invoice. During the transportation some of the goods were damaged and Barnes LLC returned to us 6000$ worth of damaged goods that costed 2500$, and paid in cash just            110 000$. Ending inventory at the end of the month was 15 000$. The utility expenses were 500$, commissions to staff were 10 000$. Al the expenses were paid out. Prepare relevant transactions, Balance and Income statement.

Three different companies each purchased trucks on January 1, 2018, for $76,000. Each truck was expected to last four years or 250,000 miles. Salvage value was estimated to be $6,000. All three trucks were driven 81,000 miles in 2018, 55,000 miles in 2019, 46,000 miles in 2020, and 71,000 miles in 2021. Each of the three companies earned $65,000 of cash revenue during each of the four years. Company A uses straight-line depreciation, company B uses double-declining-balance depreciation, and company C uses units-of-production depreciation. Answer each of the following questions. Ignore the effects of income taxes. b-1. Calculate the net income for 2021? (Round "Per Unit Cost" to 3 decimal places.)

Foto Company makes 50,000 units per year of a part it uses in the products
it manufactures. The cost per unit of this part is shown below:

direct materials .............. $13.00
direct labor ..................  10.10
variable overhead .............   6.50
allocated fixed overhead ......   8.60
total ......................... $38.20

An outside supplier has offered to sell Foto Company 50,000 of these parts
for $31.60 per unit. If the company accepts this offer, the facilities now
being used to make the part could be used to make more units of a product
that is in high demand. The additional contribution margin earned on this
other product would be $120,000 per year.

Calculate the selling price per unit charged by the outside supplier that
would make Foto economically indifferent between making and buying the part.

32

Jing Company was started on January 1, Year 1 when it issued common stock for $40,000 cash. Also, on January 1, Year 1 the company purchased office equipment that cost $18,000 cash. The equipment was delivered under terms FOB shipping point, and transportation cost was $2,500. The equipment had a five-year useful life and a $6,500 expected salvage value.

Assume that Jing Company earned $27,000 cash revenue and incurred $17,000 in cash expenses in Year 3. Using straight-line depreciation and assuming that the office equipment was sold on December 31, Year 3 for $10,100, the amount of net income or (loss) appearing on the December 31, Year 3 income statement would be:

-2600

6100

3400

5200