Select and describe a leader you admire. Your selected leader may be either a real-life individual or a fictional character from television, the movies, or a book. Using leadership theories, analyze your selected leader to identify characteristics and provide specific examples of leadership qualities you think contributed to that person's success.
Evaluate your own leadership style. Select a mentor, and hold a discussion with that individual about your own leadership characteristics.
Write a paper no more than 1,000 words, in which you explain your leadership style and your ideas for improving your effectiveness as a leader based on your comparison with the admired leader and what you learned through your discussion with your mentor.
In: Operations Management
Mini Case: Nike and Sweatshop Labor
Nike, a company headquartered in Beaverton, Oregon, is a major force in the sports footwear and fashion industry, with annual sales exceeding $ 30 billions, more than half of which now come from outside the United States. The company was co-founded in 1964 by Phil Knight, a CPA at Price Waterhouse, and Bill Bowerman, college track coach, each investing $ 500 to start. The company, initially called Blue Ribbon Sports, changed its name to Nike in 1971 and adopted the “Swoosh” logo—recognizable around the world—originally designed by a college student for $35. Nike became highly successful in designing and marketing mass-appealing products such as the Air Jordan, the best selling athletic shoe of all time.
Nike has no production facilities in the United States. Rather, the company manufactures athletic shoes and garments in such Asian countries as China, Indonesia, and Vietnam using subcontractors, and sells the products in the U.S. and international markets. In each of those Asian countries where Nike has production facilities, the rates of unemployment and under-employment are relatively high. The wage rate is very low in those countries by U.S. standards—the hourly wage rate in the manufacturing sector is less than $ 2 in each of those countries, compared with about $ 35 in the United States. In addition, workers in those countries often operate in poor and unhealthy environments and their rights are not particularly well protected. Understandably, host countries are eager to attract foreign investments like Nike’s to develop their economies and raise the living standards of their citizens. Recently, however, Nike came under worldwide criticism for its practice of hiring workers for such a low rate of pay—“next to nothing” in the words of critics—and overlooking poor working conditions in host countries.
Initially, Nike denied the sweatshop charges and lashed out at critics. But later, the company began monitoring the labor practice at its overseas factories and grading the factories in order to improve labor standards. Nike also agreed to random factory inspections by disinterested parties.
Discussion questions:
In: Finance
King Solomon is a rich farmer in Tetebia, a town in
the Asou Municipal Assembly. He owns over 100,000 hectares of
farmlands. However, he fears the worst might happen and wants to do
some investments to secure his future and that of his children. He
is contemplating some long term investments he could undertake to
secure his future and that if his children. He is now 50 years old
and he plans to retire in 10 years from active farm work. He
expects to live for another 25 years after he retires –that is,
until age 85. He was advised by a friend that an investment in the
financial market will help him plan his retirement well. He has no
idea about financial markets and how they operate. You recently
graduated and have just reported to work as an investment advisor
at the brokerage firm of Cenden Ltd. King Solomon has approached
your company for advice. Your boss after a discussion with King
Solomon could gather the following information. King Solomon wants
his first retirement payment to have the same purchasing power at
the time he retires as GHȼ 40,000 has today. He wants all of his
subsequent retirement payments to be equal to his first retirement
payment. (Do not let the retirement payments grow with inflation:
King Solomon realizes that the real value of his retirement income
will decline year by year after he retires.) His retirement income
will begin the day he retires, 10 years from today, and he will
then receive 24 additional annual payments. Inflation is expected
to be 5% per year from today forward. He currently has GHȼ 100,000
saved up, and he expects to earn a return on his savings of 8% per
year with annual compounding.
Again, he wants to have a secure university education for his
lovely daughter Daisy. His daughter is now 13 years old. She plans
to enroll at the University of Professional Studies, Accra in 5
years, and it should take her 4 years to complete her education.
Currently, the cost per year (for everything – her food, clothing,
tuition, books, transportation, and so forth) is GH¢ 12,000 per
year. This cost is expected to remain constant throughout the
four-year university education. The daughter recently received GH¢
7,500 from her grandfather’s (King David’s) estate; this money will
be invested at a rate of 8% to help meet the costs of Daisy’s
education. The rest of the costs will be met by money King Solomon
will deposit in a savings account which also earns 8 percent
compound interest per year. He will make 5 equal deposits into the
account, one deposit per annum starting one year from now until his
daughter starts university. These deposits will begin one year from
now. (Assume that school fees are paid at the beginning of the
year).
Again, King Solomon is interested in buying a bond issued by Zenzo
Pharma Ltd. Zenzo Pharma intends to use the proceeds of the bonds
to finance the production of its new vaccine for COVID 19. The bond
has a face value of GH¢10,000 at a coupon rate of 12% and a term to
maturity of 10 years. The bond expects to pay coupons annually.
Included in the bond indenture are call and sinking fund
provisions. The required rate of return on the market for bonds
with similar features is 18% per annum. Your boss had asked you to
advice King Solomon based on the information he provided
Required
a. Explain to King Solomon what financial markets mean and which
three (3) financial instruments he can invest
in.
b. To the nearest cedi, how much must he save during each of the
next 10 years (with equal deposits being made at the end of each
year, beginning a year from today) to meet his retirement goal?
(Note: Neither the amount he saves nor the amount he withdraws
upon
retirement is a growing
annuity.)
c. What will be the present value of the cost of 4
years of education at the time the daughter
Daisy turns
18?
d. What will be the value of the GH¢ 7,500 that Daisy received from
her grandfather’s
estate
when she starts college at
18?
e. If King Solomon is planning to make the first of 5 deposits one
year from now, how large must each deposit be for him to able to
put his daughter through
college?
In: Finance
Read the article and give answer of 3 question which are given below
Religion Versus the Charter: Canada’s commitment to multiculturalism is being tested in new and unexpected ways
By Janice Gross Stein
University of Toronto Magazine
Winter 2007
(FYI *Recently in Quebec the passage of Bill 62 disallows face coverings when giving/receiving a public service and during protests.)
Janice Gross Stein is the Belzberg Professor of Conflict Management and director of the Munk Centre for International Studies. This article is adapted from a longer essay about multiculturalism that appeared in the September issue of the Literary Review of Canada.
Questions
In: Psychology
Explain the concept of competitive intelligence. Provide one example of how your institution (university or college) can use competitive intelligence
In: Economics
In: Accounting
In University of Texas Southwestern Medical Center v. Nassar case, the Supreme Court held that the "___________" standard would apply in retaliation cases.
In: Economics
In: Operations Management
Select a company in your pathway that maintains inventory. Don't
use a company that someone has already used. Please put the
company's name as the subject of your post. (No posting the company
name only to hold it. You must make a full post or I will delete
it.)
Access a recent (less than 12 months) annual 10-K report for the
company at the EDGAR filings at SEC Edgar searh tool or Yahoo or
Google finance. Review the report and in and in a minimum of three
paragraphs, tell us the following:
1. When the report was filed and the time period it covers,
indicating specific dates.
2. What are the company's major product lines?
3. What inventory methods do they use? (Hint: see the Notes of the
financial statements)
4. List the major components of the inventory and their
values.
5. Include two other items that you found interesting about the
financial statements.
Examples of businesses in pathways could be:
Post your initial response, read all of the posts, and post two detailed replies to at least two other student's posts, who used a company different than yours.
Follow the minimum requirements for discussion board posts located in the general discussion area. Recall, those are the minimum requirements, more posts are always encouraged.
In: Accounting
A) aging of accounts receivable
B) a percentage of credit sales
C) a percentage of net accounts receivable
D) the current balance in accounts receivable
A) $1,400
B) $1,600
C) $1,800
D) $2,000
Learning Objective 4-4
A) the risk of uncollectible accounts is transferred to credit card companies
B) fewer customers will be able to buy products or services
C) the credit card company is not responsible for evaluating customers’ credit-worthiness
D) they will receive less than the full amount of the sale from the credit card company
A) $750
B) $19,500
C) $18,750
D) $18,000
A) an increase in its allowance for uncollectible accounts
B) a decrease in its bad debts expense
C) a decrease in its credit card expense
D) an increase in its write-off of specific customer accounts
A) $5,000
B) $4,850
C) $150
D) $5,150
A) MBNA
B) Sally
C) Crock‘n’ Keg
D) both Sally and Crock‘n’ Keg
A) $5,000
B) $4,850
C) $150
D) $5,150
Learning Objective 4-7
A) $120
B) $240
C) $60
D) $2,060
A) $120
B) $0
C) $60
D) $240
A) $300
B) $100
C) $600
D) $5,000
In: Accounting