After reading Chapter 6 on Lean Systems, one obvious take away is that a huge component of successful Lean implementation is teamwork. A case could be made that Lean systems work better in some cultures than in others, depending how that culture values the collective. In essence, it comes down to Teamwork vs. Autonomy. For example, you could make a statement that Toyota is very good at Lean systems because Japanese culture traditionally values the collective over the individual. Think about a culture that you are familiar with and give your opinion on if you think that a Lean System would fair well there and why. A culture could be from a company, school, city, state, country, region, etc. I'm interested in what you think and your opinion here, so have some fun with the topic while being sensitive to all cultures and viewpoints.
In: Operations Management
Personality is shaped by the combined forces of biological, situational, and mental processes all embedded in a sociocultural and developmental context. Sue Klebold is the mother of Dylan Klebold, one of the two shooters who committed the Columbine High School massacre, murdering 12 students and a teacher. She's spent years excavating every detail of her family life, trying to understand what she could have done to prevent her son's violence. In this difficult, jarring talk, Klebold explores the intersection between mental health and violence, advocating for parents and professionals to continue to examine the link between suicidal and homicidal thinking. Click on the link. What are your perspectives on the video? What do you think about suicidal and homicidal thinking?
https://www.ted.com/talks/sue_klebold_my_son_was_a_columbine_shooter_this_is_my_story?utm_ campaign=tedspread--a&utm_medium=referral&utm_source=tedcomshare
In: Psychology
Identify a major national economic problem that needs fixing. Consider how you would measure the relative success of any measure(s) to fix the problem you identified (e.g., more people being put to work, higher household income, fewer people under the poverty level, increased GDP, greater economic growth, higher overall math/science achievement among high school students, lower pollution, etc. - MAKE SURE you come up with a few of your own measures!). Now, propose fiscal and/or monetary policies to fix the problem you've identified and explain IN DETAIL how you believe your policy recommendations would remedy the problem you identified AND how you would measure the relative success of YOUR economic policy recommendations.150-200 words
In: Economics
Library Management System allows the user to borrow and return the books. The book is identified by book name, accession number, item category, due date, due time, and status. Before the user proceeds to borrow or return the books, they need to register for an account. Each user can have only one account. The user can be a staff or student. Each user is identified by ID number, name, school/department name, address. The books are arranged on a shelf. The shelf can be of two categories: open shelf or red spot. The user is allowed to reserve the book, in case, if the book is already borrowed by someone. While reserving a book, the user needs to specify the user name, ID number, book name, and accession number.
##Based on the above scenario, draw a Class Diagram. Your diagram should include attributes, methods and multiplicity.
In: Computer Science
QUESTION 1 Organizations tend to be flatter in which kind of country:
One with low power distance
One with low uncertainty avoidance
One that is collectivist
One with a short-term orientation
QUESTION 2 Which of the following was not part of McDonald’s original strategy?
Standardized menus
High prices
Consistent quality
Quick service
QUESTION 3 Cynthia continues to wear her traditional dress despite pressure to conform to the fashion style in her new school. Cynthia is demonstrating:
Cultural divergence
Cultural convergence
Cultural relativism
Cultural learning
QUESTION 4 Which of the following business functions is subject to a system based on Islamic law for application in Islamic contexts?
Banking and finance
Operations
Marketing
Research & development
QUESTION 5 Based on the case, which of the following is not a criticism of Mcdonalds’ employment practices:
Low pay
Poor working conditions
Retaliation
Lack of health insurance
QUESTION 6 Which of the following statements is true:
Banks in Muslim countries operate the same as
Banks anywhere in the world
Companies doing business in Muslim countries must comply only with religious law
Banks in Muslim countries cannot charge interest
Companies in Muslim countries cannot employ women
QUESTION 7 Which statement is true about the caste system in India:
The caste system no longer exists in India
The caste system is an economic and social aspect of Hinduism
The caste system allows for social and economic mobility between castes
The caste system does not lead to discrimination
QUESTION 8 McDonald’s was a major investor in which fast-casual restaurant?
Applebees Chipotle
TGI Friday
Boston Market
QUESTION 9 When doing business in Trevonia, it’s important to build relationships beyond the workplace. According to Trompenaars’ theory of relationships Trevonia is most likely:
A neutral country
A collectivist country
A Universalist country
A diffuse country
QUESTION 10 Assimilation of immigrants is most closely related to:
Cultural divergence
High-context cultures
Low-context cultures
Cultural convergence
In: Economics
Brad's Dilemma: Finding a New Job Brad Thomas, a 53-year-old retail store manager earning $75,000 a year, has worked for the same company during his entire 28-year career. Brad was recently laid off and is still unemployed 10 months later, and his severance pay and 6 months' unemployment compensation have run out. Because he has consistently observed careful financial planning practices, he now has sufficient savings and investments to carry him through several more months of unemployment. Brad is actively seeking work but finds that he is overqualified for available lower-paying jobs and under-qualified for higher-paying, more desirable positions. There are no openings for positions equivalent to the manager's job he lost. He lost his wife several years earlier and is close to his two grown children, who live in the same city.
Brad has these options:
Wait out the recession until another retail store manager position opens up.
Move to another area of the country where store manager positions are more plentiful.
Accept a lower-paying job for two or three years and then go back to school evenings to finish his college degree and qualify for a better position.
Consider other types of jobs that could benefit from his managerial skills.
1) What important career factors should Brad consider when evaluating his options?
2) What important personal factors should Brad consider when deciding among his career options?
3) What recommendations would you give Brad in light of both the career and personal dimensions of his options noted in Questions 1 and 2?
4)What career strategies should today's workers employ in order to avoid Brad's dilemma?
In: Finance
See the multiple-choice question below, which deals with how to treat a grant from an employer that pays for tuition. I do not ask you to answer the multiple-choice question. The correct answer is C.
Required: Rank the four answers from most attractive to the taxpayer to least attractive to the taxpayer, ignoring the fact that the correct answer is C. No partial credit. Half credit for no explanation or inadequate explanation.
|
Copy and paste entire letter answer from multiple-choice question below |
Explanation why this answer is most/least attractive or somewhere in between |
|
|
Most attractive |
||
|
2nd most |
||
|
2nd least |
||
|
Least attractive |
Additional comments (you can earn maximum points if comment is insightful above and beyond the requirements):
|
[3] Bill Walden received a $2,100 grant from his employer and, as required by his employer, used all of the money for tuition and fees to take three graduate-school courses during the period September 1 to December 31 of the current year. Walden is not a candidate for a degree and has never received a scholarship or fellowship grant before. He had previously met the minimum educational requirements for his employment position; however, due to new requirements established by his employer, these courses were necessary for him to retain his job. In computing his current-year taxable income, Walden should include A. Gross income of $2,100 and an education expense deduction of $2,100. B. Gross income of $2,100 and no education expense deduction. C. No gross income and no education expense deduction. D. Gross income of $0 and an education expense of $2,100. The correct answer is C. A. The grant is excludable and nondeductible. B. The education grant is excludable. C. The grant is excludable from income under the employer educational assistance program. The educational assistance plan must be nondiscriminatory, and the benefits cannot exceed $5,250 for the tax year. Graduate-level courses are eligible for the exclusion. D. The $2,100 payment is nondeductible. |
In: Accounting
Eighty-one-year-old Stella Liebeck was a passenger in a parked
car, when she accidentally spilled scalding-hot McDonald's coffee
on herself. (McDonald's allegedly kept its coffee at 180 degrees,
40 degrees hotter than most people serve coffee, to maintain peak
flavor). The spill caused second and third degree burns that
required skin graphs and left scars.
When McDonald's offered Liebeck $800 of the $2000 medical expenses
she had asked for, Liebeck sued. After hearing that there had been
700 complaints about scalding coffee, the jury found for Stella and
awarded her $160,000 compensatory damages and another $2.7 million
in punitive. The latter were reduced on appeal to $480,000.
How might you use the above scenario to argue for/against tort
reform and what do you think should happen if the case were
appealed?
Phil Parent purchased a new car from Major Car Company. Two
weeks later, he was in a serious car accident when a four-wheel
drive drove into the side of his car while he was driving his
four-year-old daughter home from school. The driver-side airbag did
not open up, and Phil was thrown through the windshield - causing
the car to spin around and hit a tree. At that point, the air bag
on the passenger side, where his daughter was sitting, opened --
injuring the young girl.
The driver who caused the accident was uninsured and has no money,
and little chance of ever having any. Parent and his daughter have
both suffered serious injuries. Parent was out of work for six
months and lost his job -- his daugher nearly died. Expert
testimony established that airbags cannot normally be expected to
open when a car is struck from the side. There has been extensive
publicity about the risk to small children seated in the front
passenger seat.
In: Operations Management
CH 7: Entrepreneurship Case BBG 101 -- Hart
One of the biggest challenges for entrepreneurs is getting the word out about their new venture. Perhaps that's why entrepreneurs have embraced social media as a communication tool.
If used skillfully, many believe, social media can help level the playing field between small businesses and their giant competitors. David avRutick, co-owner of Folbot, a small kayak retailer, claims that without Twitter, he wouldn't have as many sales as he does. “You can't buy that kind of exposure,” avRutick says.
Folbot competes against such household names as L.L. Bean and Cabela's—there's no way the smaller company could challenge the larger ones without widespread interactive communication. However, critics point out that social media sites vary widely in their value to small businesses. “The hype right now exceeds the reality,” observes Larry Chiagouris, a professor of marketing at Pace University's Lubin School of Business.
Despite the fact that the use of social media by firms with fewer than 100 employees doubled in one recent year, only 22 percent of those who responded to a separate survey reported a direct increase in profits as a result of social media use, while half said they broke even on the investment. Others caution that social media networking eats up valuable time, particularly for entrepreneurs whose day is chock-full of tasks ranging from design to distribution and manufacturing to marketing.
Most entrepreneurs support the use of social media, but with moderation. Chris Lindland, owner of Cordarounds.com, an online clothing retailer, advises patience. “My business has been visited millions of times, but I haven't made millions of sales,” he comments. But he believes patience pays off.
Questions for Critical Thinking
How will social networking change the business environment for entrepreneurs?
How might entrepreneurs use social media to secure financing?
In: Operations Management
Brad's Dilemma: Finding a New Job Brad Thomas, a 53-year-old retail store manager earning $75,000 a year, has worked for the same company during his entire 28-year career. Brad was recently laid off and is still unemployed 10 months later, and his severance pay and 6 months' unemployment compensation have run out. Because he has consistently observed careful financial planning practices, he now has sufficient savings and investments to carry him through several more months of unemployment. Brad is actively seeking work but finds that he is overqualified for available lower-paying jobs and under-qualified for higher-paying, more desirable positions. There are no openings for positions equivalent to the manager's job he lost. He lost his wife several years earlier and is close to his two grown children, who live in the same city.
Brad has these options:
Wait out the recession until another retail store manager position opens up.
Move to another area of the country where store manager positions are more plentiful.
Accept a lower-paying job for two or three years and then go back to school evenings to finish his college degree and qualify for a better position.
Consider other types of jobs that could benefit from his managerial skills.
1) What important career factors should Brad consider when evaluating his options?
2) What important personal factors should Brad consider when deciding among his career options?
3) What recommendations would you give Brad in light of both the career and personal dimensions of his options noted in Questions 1 and 2?
4)What career strategies should today's workers employ in order to avoid Brad's dilemma?
In: Finance