CASE Study :
Soltis & Sons is a management consulting firm that is attempting to grow its business by targeting small businesses that are run by women or immigrants. In pursuing this strategy, the company has hired employees of other cultures whose first language is not English. Many of these employees are under 30 and they do not have college degrees. While this effort is leading to a workforce that mirrors the clients, the company finds that employees and managers are experiencing difficulties communicating with one another. This leads to misunderstandings and a decrease in productivity and customer satisfaction. For example, if a manager gives instructions about completing a certain task to an employee who fails to fully comprehend the instructions, the employee may make mistakes.
The director of Human Resources is considering whether or not to offer some type of training, yet none has been offered to date. She thinks some employees may be
impacted by negative stereotypes associated with a lack of work experience with people from different cultures. She also noted that some work teams do not like to be
supervised by younger people of color. A few employees quit over this issue and management is trying to decide what to do.
Using the 3-Step Problem-Solving Approach and the Organizing Framework, how can Soltis & Sons address the problem?
Step 1: Define the problem. What are the gaps between the desired outcomes and the current state?
Step 2: Identify causes of the problem. Remember, the diversity climate is an important situation factor. There are also relevant processes across the individual
level (perception, attributions, and psychological safety), the group/team level (group/team dynamics), and the organizational level (options to manage diversity).
These inputs and processes have critical outcomes.
Step 3: Make recommendations for solving the problem. What options does Soltis & Sons have?
Word count should be more than 600 words( total of 3 steps ) .
Please help me !! Thank You.
In: Operations Management
CASE Study of management of organization behavior :
Soltis & Sons is a management consulting firm that is attempting to grow its business by targeting small businesses that are run by women or immigrants. In pursuing this strategy, the company has hired employees of other cultures whose first language is not English. Many of these employees are under 30 and they do not have college degrees. While this effort is leading to a workforce that mirrors the clients, the company finds that employees and managers are experiencing difficulties communicating with one another. This leads to misunderstandings and a decrease in productivity and customer satisfaction. For example, if a manager gives instructions about completing a certain task to an employee who fails to fully comprehend the instructions, the employee may make mistakes.
The director of Human Resources is considering whether or not to offer some type of training, yet none has been offered to date. She thinks some employees may be
impacted by negative stereotypes associated with a lack of work experience with people from different cultures. She also noted that some work teams do not like to be
supervised by younger people of color. A few employees quit over this issue and management is trying to decide what to do.
Using the 3-Step Problem-Solving Approach and the Organizing Framework, how can Soltis & Sons address the problem?
Step 1: Define the problem. What are the gaps between the desired outcomes and the current state?
Step 2: Identify causes of the problem. Remember, the diversity climate is an important situation factor. There are also relevant processes across the individual
level (perception, attributions, and psychological safety), the group/team level (group/team dynamics), and the organizational level (options to manage diversity).
These inputs and processes have critical outcomes.
Step 3: Make recommendations for solving the problem. What options does Soltis & Sons have?
Word count should be more than 600 words( total of 3 steps ) .
Please help me !! Thank You.
In: Operations Management
CASE Study (management of organization behavior) :
Soltis & Sons is a management consulting firm that is attempting to grow its business by targeting small businesses that are run by women or immigrants. In pursuing this strategy, the company has hired employees of other cultures whose first language is not English. Many of these employees are under 30 and they do not have college degrees. While this effort is leading to a workforce that mirrors the clients, the company finds that employees and managers are experiencing difficulties communicating with one another. This leads to misunderstandings and a decrease in productivity and customer satisfaction. For example, if a manager gives instructions about completing a certain task to an employee who fails to fully comprehend the instructions, the employee may make mistakes.
The director of Human Resources is considering whether or not to offer some type of training, yet none has been offered to date. She thinks some employees may be
impacted by negative stereotypes associated with a lack of work experience with people from different cultures. She also noted that some work teams do not like to be
supervised by younger people of color. A few employees quit over this issue and management is trying to decide what to do.
Using the 3-Step Problem-Solving Approach and the Organizing Framework, how can Soltis & Sons address the problem?
Step 1: Define the problem. What are the gaps between the desired outcomes and the current state?
Step 2: Identify causes of the problem. Remember, the diversity climate is an important situation factor. There are also relevant processes across the individual
level (perception, attributions, and psychological safety), the group/team level (group/team dynamics), and the organizational level (options to manage diversity).
These inputs and processes have critical outcomes.
Step 3: Make recommendations for solving the problem. What options does Soltis & Sons have?
Word count : more than 600 words( total of 3 steps ) .
Please help me !! It's important . Thank You.
In: Operations Management
Instructions You are the CFO of an up-and-coming athletic company, which desires to someday become the #1 athletic company in the world. Strategically, the company uses Nike and Under Armour as their key competitor benchmarks. Your CEO is a big believer in learning from the competition and is requesting two things from you regarding Nike and Under Armour’s most recent annual reports: An Executive Summary and a brief Video Presentation of your findings.
NOTE: In order to complete this assignment, you will need to obtain each company’s MOST RECENT(2017) annual report (Nike and Under Armour). Create an executive summary you would feel comfortable turning in to your CEO or to Jack that is no more than 2 pages, single-spaced using 12-point Times New Roman font. You may also include an appendix with additional references, graphs, charts, and tables for additional support if needed.
1. Competitor Strategies • Identify and explain one key strategy from each company that the company explicitly discussed in the annual report.
2. Net Income Margins • What are the after-tax net income margins (aka, net profit margin) for both companies? • How do they compare? • Who achieves the higher net income margin? Why?
In: Accounting
I am a believer in individuality rather than any outside source for my illness. I do a lot of reading about health and am aware of the different ways in which I can fall sick. Yet I know that science cannot answer all the questions regarding the cause of illness. I believe in the power of God and power of karma but I think illness has many reasons beyond it. Bad eating habits especially the addiction to junk food has given us a lot of health problems. I am a supporter of the biomedical approach, because they systematically treat the patient after doing diagnostic tests. There are some herbal remedies that my family is aware for ailments like coughs and colds. But when it comes to surgery or other major problems I always take the biomedical approach. My family means a lot to me when I am sick. My mother makes easily digestible soups and keeps advising me even when I am away from her. I feel I recover faster when my family is around. I also have a group of friends who support me when I am sick. I believe in doing good deeds and not hurting others. Conflicts with others have always made me feel uneasy so I try and avoid conflicts as far as possible. Some members of my family consider illness to be a punishment from God, but I do not have such beliefs because I feel that there are hardly any people who are completely free from illness all the time. I believe in taking all the preventive measures possible and treating the illness as soon as I see the symptoms, because I value my health.
Resond with discussion
In: Nursing
I wanted to bring to your attention the fact that not always a company going public uses an underwriter. Can you think of a company who has done this? The answer may not be in the forefront of your mind. I am referring to Spotify. This firm when going public did what is called a direct listing. What does this mean you may ask? In simple terms, the firm chose not to use an intermediary investment bank and sold their shares directly to the public.
Why would a company choose to go directly to the public? Also, when doing this so, who sets the initial price of the stock?
In: Finance
Donald Trump proposed steep tariffs on imports to the US. He described trade promotion authority and the Trans-Pacific Partnership as “bad, bad deal[s] for American businesses, for workers, for taxpayers.” Discuss how in a large capital abundant country (such as the US) levying a tariff on the labour-intensive imports affects:
(a) Domestic (US) real wages and domestic real return to capital.
(b) The US wellbeing (welfare) as a whole.
(c) The US job market.
In: Economics
The business of selling insurance is based on probability and
the law of large numbers. Consumers buy insurance because we all
face risks that are unlikely but carry high cost. Think of a fire
destroying your home. So we form a group to share the risk: we all
pay a small amount, and the insurance policy pays a large amount to
those few of us whose homes burn down. The insurance company sells
many policies, so it can rely on the law of large numbers.
In fact, the insurance company sees that in the entire population
of homeowners, the mean loss from fire is μ = $300 and the
standard deviation of the loss is σ = $400.What are the
mean and standard deviation of the average loss for 8 policies?
(Losses on separate policies are independent. Round your standard
deviation to two decimal places.)
| μX = | $ |
| σX = | $ |
What are the mean and standard deviation of the average loss for 15
policies? (Round your standard deviation to two decimal
places.)
| μX = | $ |
| σX = | $ |
In: Statistics and Probability
The business of selling insurance is based on probability and
the law of large numbers. Consumers buy insurance because we all
face risks that are unlikely but carry high cost. Think of a fire
destroying your home. So we form a group to share the risk: we all
pay a small amount, and the insurance policy pays a large amount to
those few of us whose homes burn down. The insurance company sells
many policies, so it can rely on the law of large numbers.
In fact, the insurance company sees that in the entire population
of homeowners, the mean loss from fire is μ = $300 and the
standard deviation of the loss is σ = $400.What are the
mean and standard deviation of the average loss for 6 policies?
(Losses on separate policies are independent. Round your standard
deviation to two decimal places.)
| μX = | $ |
| σX = | $ |
What are the mean and standard deviation of the average loss for 13
policies? (Round your standard deviation to two decimal
places.)
| μX = | $ |
| σX = | $ |
In: Statistics and Probability
Shroff Company has a defined benefit pension plan. The following data relate to the operation of the plan for 2019.
A. Prepare a pension worksheet and the journal entry to record the pension expense for 2019.
Plan assets (fair value), 1/1 $29,000
Projected benefit obligation, 1/1 35,000
Prior service cost, 1/1 2,600
unrecognized net gain/loss (debit), 1/1 4,800
Service cost 2,500
Actual gain on plan assets 1,500
Amortization of prior service cost 300
Annual contributions 3,400
Benefits paid 2,700
Settlement rate 5%
Expected rate of return 6%
Average service life of employees 10 yrs
B. Suppose plan assets of Shroff Company make about $5,000 more than expected in both 2020 and 2021. How would this affect Shroff’s net income in 2020 and 2021 and why? From this example, what do you think is the main role of the AOCI in the current US pension accounting?
In: Accounting