Category: Business and Management

Read The discussion Below and reply back to you’re class mates post. Only substantive replies count. 
Reply To the Class Mates Below.

1. One of the most important factors a company will focus on in order to remain competitive in the market is productivity. No matter where you work at whether it be a fast food chain, a marketing firm, a bank, or a manufacturing facility you will hear about productivity from entry level positions to the CEO.

Productivity is the ratio of outputs (goods and services) divided by the inputs (resources, such as labor and capital) (Heizer et al., 2019, pp. 13).

A lot of business functions are rolled into the productivity category and depending upon how well these processes work will depend on how the bottom line is affected. A business that is focusing on productivity will try to maximize the output value while keeping the input cost under control. The market is ever changing and its important for a business to always be thinking and looking at controls and pricing and quality in order to maintain an advantage. A business that is confident and competitive will always be keeping opportunity cost, labor cost, and the cost of time per product in their sightlines while always keeping option of improvement open. Lines of communication with executives and all levels of employees is also a must in my opinion to ensure the continued success of their business. When these lines of communication are kept open they can easily identify breakdowns in employee morale, financial breakdowns, and process breakdowns to more easily mitigate and fix these issues before they are critical to the business success.

Meagan,

2. Operational hedging is when firms intentionally build extra capacity in different countries and as costs or exchanges rates change they shift production from country to country. The benefits to this is that it allows companies to finesse currency risks and costs as the economic conditions dictate. Operational hedging can be risky however, it allows for greater flexibility in the supply chain, product distribution patterns, and marketing.

Operational hedging can impact the ability for an operation to be competitive in the 21st century because it ensures that a company will have higher exposure and will maintain a competitive position across markets. If a company uses operational hedging they are also reducing availability risk. This would be an important tool to help companies stay in the loop with trends and fads all while getting them at the best price possible and being able to increase their profit margins. However, due to the exposure of COVID-19, the flexibility to transfer production from one country to another has grown increasingly difficult due to all the travel restrictions and borders closing.

Reference

Heizer, J., Render, B., & Munson, C. (2019). Operations Management: Sustainability and Supply Chain Management (13th ed.). Pearson.

Emily,

3. Productivity refers to the ratio of the outputs and inputs. An organizations productivity is the responsibility of the operation manager and to improve the productivity that improves the efficiency (Heizer, Render & Munson, 2020).

Partial measure which is also known as single-factor productivity is the ratio of units produced and the labor-hours worked. For example, at a toy factory they can produce 3,000 toys in an 8 hour shift, that would result with the productivity for the day. The total measure known as multi factor productivity is the ratio of the output by the input units used.

Both of those measures are used to measure productivity but the total measure gives a broader view since it includes all the costs.

Alondra,

4. According to Heizer, Render, and Munson, productivity is the ratio of outputs (goods and services) divided by one or more inputs, such as labor, capital, or management. Just because an organization produces high volume, does not mean the organization is producing units efficiently. High production means producing many units, while high productivity means producing units efficiently (Heizer, et al., 2019). So, while total productivity (where all factors related to the input are considered) is the primary measure, it also has a number of subcomponents that are also very important to how one measures productivity. Multifactor productivity indicates the ratio of goods and services produced to may or all resources through a bundle of inputs). Partial or single productivity takes into account one input factor, such as labor. These measurements are directly related to production and operations management success due to the fac that the measurements include, technology, efficiency, real cos savings, benchmarking production processes, and living standards (Nezu, 2001). These five elements are present in most operations that require a successful operation and efficient productivity.

References

Heizer, J., Render, B., & Munson, C. (2019). Operations management: Sustainability and supply chain management. (13th Edition). Pearson. Retrieved on September 23, 2020 from https://viewer.gcu.edu/yg2n49

Nezu, R. (2001). Measuring productivity. OECD Manuel. Retrieved on September 25, 2020 from http://www.oecd.org/sdd/productivity-stats/2352458.pdf

Have a great weekend,

Heather,

Research Question:
Why the Balanced Scorecard Fails in Chinese Small and Medium-sized Enterprises(SMEs)

Requirement:
1.The paper I need you to write only involves an introduction and literature review, which is only a part of the complete research paper. I am not asking you to write a complete research paper, so please do not include the specific research and analysis process on the company. A typical literature review consists of the following components: introduction, main body, conclusion and references.The specific research of my next paper will take Qingdao Haier Company as the research object.

2.Create 8 terms from your supporting readings and 8 collocations. Explain the terms. This is going to be a part of the Paper 1. 

3.Please refer carefully to the two examples that I have uploaded and the descriptions of main assignments before writing.

Define “Big Bath Accounting”. Find an actual case of Big Bath Accounting committed by a public company in recent years. You may refer to business newspapers or magazines. What is the SEC’s position on this?
Define “Side Agreement”. Find an actual case of Side Agreement committed by a public company in recent years. You may refer to business newspapers or magazines. What is the SEC’s position on this? 

In 150 words please respond to the below question using at least 1 APA citation and the associated reference. 

Please make sure that the questions are answered completely and clearly.

The Healthcare Provider Communication Assessment (HPCA) was developed by Belasen & Frank (2010b) to gauge the effectiveness of the training program as well as to capture patients perceptions of the quality care and services they receive. In addition, the HPCA mapping process has the potential to add significant value to any communication program undertaken by health providers. What does the HPCA mapping process entail? How does HPCA improve the communication program undertaken by health providers? Identify some ways patient satisfaction and evaluation of care are monitored?

Instructions

Case studies are an important learning strategy in business classes because they provide an opportunity for you to critically analyze events that have taken place in real-life businesses. This develops your critical thinking and research skills as you research the competition and industry in which your business resides with an end goal of formulating a recommendation for the challenges faced by the company.
Read “The Bathtub Period” case study on pages 544545 of your textbook. As you complete the analysis, address the following topics, and integrate researched evidence within your responses.
Describe the situation within this case from the standpoint of effective project management.
Prepare a network diagram that demonstrates your recommended work sequence for the Scott Project. (See the Unit IV Lesson for additional insight on the compilation of network diagrams.)
Explain the risks involved with this strategy and potential work-arounds.
Identify two scheduling techniques that might be used effectively for this project with the advantages and disadvantages of each.
In formatting your case analysis, do not use the question-and-answer format; instead, use an essay format with subheadings. Your APA-formatted case study should be a minimum of two full pages in length (not counting the title and reference pages). You are required to use a minimum of three academic sources that are no more than 5 years old (one may be your textbook).

Instructions

For this assignment, read the case study, Heublein: Planning a Project Management and Control System starting on page 222 of your textbook. Once you have read and reviewed the case scenario, address the components listed below with thorough explanations and well-supported rationale.

Describe the level of risk-taking and the efforts to mitigate these risks within the project planning process at Heublein.
Explain the project planning and scheduling techniques used at Heublein.
Describe the theoretical aspects of budgeting discussed in Chapter 7. Explain how Heublein might use these budgeting concepts in the overall management of this project.
What do you recommend for Heublein going forward?
Your response should be a minimum of two pages in length and follow APA style guidelines. References should include your textbook and a minimum of one additional credible source. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations in APA style.

Write a 4 page paper in APA format (not including the cover page and reference page).  Please use the APA.

As primary care grows in importance, a shortage of primary care physicians looms ever closer, prompting great concern among healthcare managers and medical leaders alike. Explore this issue in this paper.

YOU MUST PROVIDE CITATTIONS, AND REFERENCES WITH AT LEAST 2 PEER-REVIEWED ARTICLES TO SUPPORT YOUR RESEARCH.  PLEASE MAKE SURE THAT YOU PROVIDE A CONCLUSION/  ALSO, Specifically address the following issues:

        ;  How will this shortage affect health care delivery? How should hospitals and the American Medical Association prepare themselves for a shortage of primary care physicians?
          What are some ways to increase the number of PCPs so there is no shortage in the future
          What are some innovative ways that the healthcare can address this problem?

   

NEGATIVE COMMUNICATION
Learning Outcomes

Write a well-formed business letter with a negative message.
Rejecting Opportunities Strategically

In SLP 3, you are required to write one negative message:

Your negative message should demonstrate an understanding in the application of the negative message principles from the background reading.
Please pay particular attention to the principles outlined in Chapter 17: Negative News and Crisis Communication within the Business Communication for Success ebook.

In this SLP, you are given two scenarios to choose from that require you to reject an opportunity using written communication. Select one scenario for this SLP. These scenarios are a continuation of your job search, begun in SLP 1. You are expected to apply the concepts covered in this module.

(Scenario 1) You have been approached by a head hunter who has a job for you. However, for various reasons (which you will invent for this exercise), you decided to decline the opportunity, and go for the job you really want (the one you identified in SLP 1). Write an email to the recruiter explaining your reasons for declining the opportunity. Be sure to apply the principles covered in this module.

(Scenario 2) The company you are currently working for has decided to increase your responsibilities by adding you to a newly established committee for a new project. Your manager feels that your experience and skills are suited for the position on the committee. You are currently overwhelmed by work, and given the lack of incentives (neither added compensation nor a promotion), you have decided to politely decline. Write an email to your General Manager explaining the situation. (Note: this is not a letter of resignation. You are merely declining the added responsibility while still remaining at your current job).

Organization: Papa John’s

Idea:
We propose that Papa John’s Pizza sells their pizzas as a frozen food product in major grocery store chains. It would be an extension of their current brick-and-mortar operations in which many are franchise operations. Papa John’s experienced a major shake-up in 2018 that caused stock prices to fall and they lost millions of dollars in sales. Their franchisees suffered as a result of the controversary and our plan would put their pizzas in a convenient and assessible location for consumers. Selling their pizzas in grocery store chains would make them more visible and would increase sales and stock prices.

Instructions for Writer:

Competitors: DiGiorno & Red Baron

This portion of the strategic planning template for Papa John’s idea (above) analyzes the competition and attempts to determine their future strategy. It is an attempt to guesstimate the competitions likely response to external events, or your strategy. A four corners analysis is a great tool which assists in this section. The four corners are:
    Drivers: The existing situation which identifies what motivates the competitors actions or strategy.
    Management Assumptions: The competitors actions are determined by the perceptions they have about themselves, their abilities, weaknesses, and opportunities (essentially, their SWOT analysis).
    Strategy: The competitors existing corporate strategy, including things like where it is investing its profits and creating value.
    Capabilities: The competitors strengths will be where they naturally focus their efforts (if they were smart, but we have to assume they are).

**please respond to each four corner (Drivers, Management Assumptions, Strategy, Capabilities) per competitor separately (DiGiorno & Red Baron)

Reference the Competitor template attached.