Day: April 27, 2018

The remaining fixed expenses are considered to be corporate-wide expenses that have been allocated to each product line based on sales revenue.The company is concerned about the performance of product A, and you have been asked to analyze the situation and recommend to the president whether to continue or discontinue the product. During your investigation, you discover that certain fixed expenses are traceable directly to each product line as indicated here:The segmented income statement for XYZ Company for the year ended December 31, 2016, follows: XYZ Company Segmented Income Statement For the year ended 12/31/2016 Total Company Product A Product B Product C Sales 615000 306000 123000 186000 variable expenses 276000 150000 55000 71000 contribution margin 339000 156000 68000 115000 fixed expenses 280000 162000 42000 76000 Operating income 59000 (6000) 26000 39000 The company is concerned about the performance of product A, and you have been asked to analyze the situation and recommend to the president whether to continue or discontinue the product. During your investigation, you discover that certain fixed expenses are traceable directly to each product line as indicated here: Total Company Product A Product B Product C Direct Fixed Expenses 106000 76000 11000 19000 The remaining fixed expenses are considered to be corporate-wide expenses that have been allocated to each product line based on sales revenue. a) What will be the effect of the decision to discontinue product A on operating income? Operating income will _______ by ___________ for the XYZ Company if it discontinues Product A b) Assume that product A is discontinued. Prepare a segmented income statement for the remaining products. Allocate corporate-wide fixed expenses as described. (Round intermediate calculations to 2 decimal places.) Total company Product B Product C Sales Variable expenses Contribution Margin direct fixed expenses common fixed expenses operating income/loss c) Starting with the segmented income statement, use the information you discovered during your investigation to present a more appropriately designed segmented income statement. Total Company Product A Product B Product C Sales Variable Expenses Contribution Margin Direct Fixed expenses segment margin common fixed expenses operating income/loss

Statement of Financial Position At December 31, 2014 (in thousands of euro) Assets Goodwill and intangible assets 1,210 Less: Accumulated depreciation (2,240) Total non-current assets (1,030) Current assets: Cash 5,300 Inventory 1,800 Total current assets 7,100 Total assets 6,070 Equity and Liabilities Shareholders’ equity: Contributed capital 400 Total shareholders’ equity 400 Total non-current liabilities 0 Current liabilities: Total current liabilities 0 Total liabilities 0 Total liabilities and shareholders’ equity 400 Glücklich Golfspieler (GG) is a golf club company headquartered in Germany. The company began its 2014 fiscal year with assets totalling 10.0 million euro but ended the year (on December 31, 2014) with total assets of 13.2 million euro. Account balances on December 31, 2014, appear below (in thousands of euro). Accounts Payable 900 Accounts Receivable 460 Accrued Liabilities 990 Accumulated Depreciation 2,240 Buildings and Equipment 5,600 Cash 5,300 Contributed Capital 400 Goodwill and Intangible Assets 1,210 Inventory 1,800 Land 190 Notes Payable, due 2016 735 Other Long-Term Liabilities 1,325 Other Noncurrent Assets 540 Prepaid Expenses 340 Profit for the Year (Net Income) 4,000 Retained Earnings, Jan. 1, 2014 4,850 Sales Revenues 38,000 1. Prepare a statement of financial position at December 31, 2014

Coping with Project Risk on Technology Implementation & Transformation Projects within a Large Organization – The Case for Superior Risk Management Discipline In September 2010, CHEMICS Insurance advised its staff that their all their offices would receive an overhaul of systems and processes. This was a technology overhaul program at its core. Yet there was an opportunity to streamline the business process to enable straight-through-processing and improve support levels. The new procedures and tools will promise to solve a variety of issues with have plagued the organization. The new tools would be simpler to use to conduct business, easier to train, and easier to support for the IT department. The project was scoped and estimated to be impacting 20,000 employees in the US division before it was deployed to the company’s international offices. Code named “The CHEMICS Method”, the project had a life time budget of $50M from start to completion and it was estimated that the program would take 3 full years to complete. The senior executive group envisioned some of the clear benefits of the project before signing off on the expenditure. A senior project management team was assembled comprising of internal CHEMICS resources and external consultants. The project would impact nearly every facet of the organizations, including HR, Pre-sales, and External Sales, Marketing, Customer Service, Claims, IT, Billing and other Back office. Every business process would be changed and streamlined as part of the project. Sophisticated, role-based workflow systems would be deployed to enter, collect, collate, and analyze business data. Real-time client information would be available and seamlessly integrated throughout the different departments. The promise was to reduce business costs and streamline the company’s operations which had not been done in any holistic manner for the past 150 years of the company’s existence. The project was kicked off in January of 2011 with each stakeholder signing off prior to launch. The company was committed and a risk management plan was put together along with other project planning deliverables including a program plan, process documentation, project information portals, and a document management system to help manage the project and the related documentation that was being developed. One year later, senior management started to sense that adequate progress was not being made. Project management reports were being circulated and all indicators were seemingly positive. However, material progress had not been made given the following observations by senior management: · There were no new systems components being built and tested · Process documents were produced but not signed off by the concerned stakeholders of impacted departments · Low staff confidence levels were observed regarding The CHEMICS Method project given conversations being had “around the water cooler”. · $10M dollars of the program budget were being spent · Many issues and risks were being reported by various departments, yet not acknowledged · by the project management related deliverables · Significant process and technology rework was being performed without material · finalization · One third of the entire project timeline had already been expended to date. · Three consulting vendors were changed by the program management team over the course of the one year. · Without hesitation, senior management concluded that the program was in serious trouble. Without question, a course-correction was required. Questions Senior management has chosen to hire you as an expert project management consulted, not otherwise connected with the program thus far, to conduct an assessment. 1. How would you set about conducting such a review? 2. How would you structure your report, i.e. on what basis? 3. Clearly, your report concludes that there is a risk management issue for this program. How would you recommend addressing this issue? What could a comprehensive risk management plan look like and how would you include it in the overall program plan going forward? Specific issues you have been asked to include: 4. Would the assignment of a CHEMICS project manager have made a difference? 5. If so, in what way, and what specific skills would that manager have required? 6. What are the lessons learned?

Coping with Project Risk on Technology Implementation & Transformation Projects within a Large Organization – The Case for Superior Risk Management Discipline In September 2010, CHEMICS Insurance advised its staff that their all their offices would receive an overhaul of systems and processes. This was a technology overhaul program at its core. Yet there was an opportunity to streamline the business process to enable straight-through-processing and improve support levels. The new procedures and tools will promise to solve a variety of issues with have plagued the organization. The new tools would be simpler to use to conduct business, easier to train, and easier to support for the IT department. The project was scoped and estimated to be impacting 20,000 employees in the US division before it was deployed to the company’s international offices. Code named “The CHEMICS Method”, the project had a life time budget of $50M from start to completion and it was estimated that the program would take 3 full years to complete. The senior executive group envisioned some of the clear benefits of the project before signing off on the expenditure. A senior project management team was assembled comprising of internal CHEMICS resources and external consultants. The project would impact nearly every facet of the organizations, including HR, Pre-sales, and External Sales, Marketing, Customer Service, Claims, IT, Billing and other Back office. Every business process would be changed and streamlined as part of the project. Sophisticated, role-based workflow systems would be deployed to enter, collect, collate, and analyze business data. Real-time client information would be available and seamlessly integrated throughout the different departments. The promise was to reduce business costs and streamline the company’s operations which had not been done in any holistic manner for the past 150 years of the company’s existence. The project was kicked off in January of 2011 with each stakeholder signing off prior to launch. The company was committed and a risk management plan was put together along with other project planning deliverables including a program plan, process documentation, project information portals, and a document management system to help manage the project and the related documentation that was being developed. One year later, senior management started to sense that adequate progress was not being made. Project management reports were being circulated and all indicators were seemingly positive. However, material progress had not been made given the following observations by senior management: · There were no new systems components being built and tested · Process documents were produced but not signed off by the concerned stakeholders of impacted departments · Low staff confidence levels were observed regarding The CHEMICS Method project given conversations being had “around the water cooler”. · $10M dollars of the program budget were being spent · Many issues and risks were being reported by various departments, yet not acknowledged · by the project management related deliverables · Significant process and technology rework was being performed without material · finalization · One third of the entire project timeline had already been expended to date. · Three consulting vendors were changed by the program management team over the course of the one year. · Without hesitation, senior management concluded that the program was in serious trouble. Without question, a course-correction was required. Questions Senior management has chosen to hire you as an expert project management consulted, not otherwise connected with the program thus far, to conduct an assessment. 1. How would you set about conducting such a review? 2. How would you structure your report, i.e. on what basis? 3. Clearly, your report concludes that there is a risk management issue for this program. How would you recommend addressing this issue? What could a comprehensive risk management plan look like and how would you include it in the overall program plan going forward? Specific issues you have been asked to include: 4. Would the assignment of a CHEMICS project manager have made a difference? 5. If so, in what way, and what specific skills would that manager have required? 6. What are the lessons learned?

Hello – would you be able to help me with the essay below? You can pick one of the three questions to answer. Unit 2 – BAM421 – OPERATIONS MANAGEMENT Please answer one the below question in the format listed below. 1. Identify the four costs of quality. Which one is hardest to evaluate? Explain. 2. Identify five examples of technology’s impact on services. Specifically, identify one that has led to labor cost reductions. 3. What kinds of location decisions are appropriate for use of crossover analysis? Explain how crossover analysis (break-even analysis) can assist an operations manager in choosing among alternative sites in making a location decision. 350 – 500 words or 1 – 2 pages. Begin each writing assignment by identifying the question number you are answering followed by the actual question itself (in bold type). Use a standard essay format for responses to all questions (i.e., an introduction, middle paragraphs and conclusion). Responses must be typed double-spaced, using a standard font (i.e. Times New Roman) and 12 point type size. Please cite all sources used and no plagiarism, this professor is a tough one.

During week one I have learned much about recording basic financial transactions. The four basic financial statements include income, retained earnings, balance, and statement of cash flows. These are important because they provide a way for the organization to judge their financial performance. Income statements provide a description of how profitable the business is. Retained earnings reports what income was reinvested in the organization and was not distributed to the stockholders. Balance statements relay the assets and liabilities of the organization. Statement of cash flows shows the gross receipts and gross payments. A debit is an asset or increase in cash and a credit is a decrease in cash. Debits normally increase assets and decrease liabilities and credits normally decrease assets and increase liabilities. Debits and credits are used to record business transactions by the type of account that is used. Expenses and assets are listed on the left side and liabilities and revenue is listed on the right side of the T. Each time a transactions occurs they are listed in the journal and it will show which accounts are involved in the transactions and if they are debits or credits…

This is the requirement from the lecture:

Students are expected to reflect on the key issues for each seminar and document their response in writing using ideas from the key theories and readings in the seminars. Students are to reflect on at least five (5) seminars ( 2 diary entries must be based on the Guest Lectures) resulting in 5 diary entries. What are the main ideas/theories discussed? Are there key issues/theories? Have your ideas changed or been reinforced in terms of issues covered in the seminars that relate to leadership? What have you learned more broadly? This diary is meant to reflect critical thinking and should be the student’s own work. However, all quotes or ideas taken from other sources must be referenced appropriately using a recognised academic referencing system such as the author/date or Harvard referencing systems. URKUND is enabled for all assessment items in this unit.The diary must be submitted via Moodle on time. Late penalties will apply and extensions will only be considered when the extension form is signed and submitted well before the due date with supporting documentation.
Word Count Rules: The word count is conducted by using the word count function in Microsoft Word by highlighting the first word of the first sentence to the last word of the last sentence. The word count includes all in-text references and quotes but does not include the title or the reference list. Plus or minus 10% leeway is given for the word count, for example the Reflective Diary (2,000words) must be within 1800 to 2,200 words. Markers will ignore those parts of the essay that exceed the word limit, and essays which are under the word limit will be considered as not representing a completed assessment task. Excessive use of quotes will be heavily penalised. Writing to a set word count is a requirement in almost every profession.

Please make sure you take note of the following before submitting your reflective diary:

1) Please read the instructions in the unit outline and the Academic Skills lecture before submitting your reflective diary.
2) Please do not focus on the entire seminar (do not attempt to summarise the entire seminar). The instructions clearly state to choose one or two concepts/theories from each seminar to focus on.
3) You must stick to the word limits.
4) You must reference if you use other people’s words. The reflective diary is not based on research however you must always acknowledge other people’s work appropriately.
5) Use subheadings in the reflective diary to indicate which seminar the concepts are from.
6) Do not simply focus on describing your experience or the concept/theory. Critical reflection/analysis means asking why are things the way they are? What does the theory say and what happens in real life? Do they match? If not, why not. If yes, which parts and how? Always use concepts and theories and language from the unit. This is not a personal diary, this is still an assessment item that should demonstrate your understanding of theories and concepts form the unit.
7) You can use the first person in the diary (I) but you cannot and should not use the royal ‘we’. You are the sole author of the work and this is not group work. You must still use formal language in the reflective diary. Please edit your work carefully before submission.
8) Please follow instructions as you will lose marks for not following instructions.

My expection:

1. You are going to write 5 topics about 5 seminars that I attended before. 3 of them were lecture seminars which included the slides and I will attach the slides along with this order.
2. There is no slides of the other 2 guest lecture topics. They are about �Power and Leadership� and �Leading Teams�. You are free to write anything about these 2 topics, Just make sure you have 2 references per each.
3. There are about 400 words and 2 references per each topics (the references can be from journal either articles or websites, No books please).
4. As the lecture said, Please do not focus on the entire seminar (do not attempt to summarise the entire seminar). The instructions clearly state to choose one or two concepts/theories from each seminar to focus on.
Thank you so much.

Assignment 1: Permissions Oversight and Overview

Suppose you were contracted by a local medium-sized business to speak with its business unit leaders about the importance of resource permissions in organizations. In your first moments on the job, you learn from a senior-level employee that the company just experienced a data theft incident at the hands of an employee, primarily due to the lack of permissions and resource segregation in the company. You later learn that there are multiple file servers on the network on which full control permissions are applied for the domain %u0432%u0402%u045AEveryone%u0432%u0402%u045C group.
Write a two (2) page paper in which you:
1. Explain the basic need for and concepts of file / folder permissions and business unit resource segregation in organizations so the company leaders will understand the importance of each.
2. Specify the strategy you would utilize for leveraging the business unit leaders to gain the necessary buy-in to implement your plan for resource and data segregation in the company.
3. Justify the use of NTFS permissions for the folders / files on the network and explain the top two to three (2-3) reasons this is the most reliable option at the business unit leaders%u0432%u0402%u2122 disposal.
4. Prepare a plan for utilizing Active Directory and Group Policy Objects to achieve the goals of setting secure permissions on business unit resources.
5. Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
%u0432%u0402%u045E Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
%u0432%u0402%u045E Include a cover page containing the title of the assignment, the student%u0432%u0402%u2122s name, the professor%u0432%u0402%u2122s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
%u0432%u0402%u045E Explain the various types of servers and services required within organizations.
%u0432%u0402%u045E Describe the need for and benefits of hardware and software integration in a server environment.
%u0432%u0402%u045E Demonstrate the ability to prepare, install, configure, maintain, and update a computer system for use as a server.
%u0432%u0402%u045E Demonstrate the ability to configure networking, file, remote management, and print services.
%u0432%u0402%u045E Describe the major functional challenges and configuration solutions associated with data storage.
%u0432%u0402%u045E Describe and configure secure systems, networks, and computing applications.
%u0432%u0402%u045E Analyze the creation, configuration, and maintenance of virtual servers, storage, and networks.
%u0432%u0402%u045E Use technology and information resources to research issues in server environments.
%u0432%u0402%u045E Write clearly and concisely about server administration topics using proper writing mechanics and technical style conventions.