How to write a business essay
Essay Topics About Volunteer Work
Monday, August 24, 2020
IN THE HOUR BEFORE MIDNIGHT essays
IN THE HOUR BEFORE MIDNIGHT articles THE MAIN CHARACTER OF THIS NOVEL HAS A MULTI-CHALLENGE LIFE LIKE MANY PEOPLE.STACEY WYATT WAS A MAN RUNNING FROM WHAT HE KNEW TO BE REAL AND WHAT HE DIDN'T WANT TO FACE.STACEY MET A MAN WHO COULD MANIPULATE PEOPLE INTO BELEIVING HE WAS SOMETHING THEY WANTED HIM TO BE.MANY OF US TODAY HAVE A FAITH IN A CERTAIN PERSON OR PEOPLE JUST BECAUSE WE WANT TO BELIEVE IN A COMMON GOOD OR THAT WHAT WE ARE RAISED TO BELIEVE IS TRUE.EVERYONE WANTS TO FEEL SECURE IN THEIR BELIEFS AND STACEY IS NO DIFFERENT.THIS ESSAY DISPLAYS HOW HE COME INTO KNOWLEDGE OF HIS FRIENDS Ability TO CONTORT ONE'S BELIEFS TO GRATIFY THEIR OWN FEELINGS OR FAITHS IN MAN. IT TOOK ABOUT FIVE YEARS FOR STACEY TO GROW HIS BELIEF IN THE COMMON GOOD OF MAN AND ABOUT THREE DAYS FOR HIM TO LOSE IT, OR Realize THAT THE BELIEF WAS NOTHING MORE THAN HOPE.ONCE THE FALSE HOPE WAS GONE HE WAS AWAKE TO MAN'S TRUE EVIL AND CRUEL INTENTIONS TO GET WHAT SOMEONE WANTS FOR THEMSELVES FOR PERSONAL GAIN.STACEY COULD NOT Realize THIS OF COURSE UNTIL HE HAD SOMETHING PROFOUND HAPPEN IN HIS LIFE.HE SPENT TIME IN A VERY SMALL AND SECURE HOLDING GROUND IN EGYPT.HE WAS LOCKED UP FOR ILLEGAL TRANSPORT OF DRUGS AND LAUNDERED MONEY.HE WOULD LATER FIND OUT THAT BEHIND IT ALL WAS ONE OF HIS GOOD FRIENDS WHO HE THOUGHT WAS HELPING HIM ALL ALONG.THROUGHOUT THE TIMES IN HIS LIFE WHEN HE NEEDED TO FEEL THAT SOMEONE WAS A HELPING GUIDE OR MENTOR. IN LIFE MAN MUST CREATE INSTANCES WHERE HIS BELIEFS AND HOPES ARE SATISFIED.THIS IS DONE EITHER TO CREATE A SECURITY BLANKET TO HIDE BEHIND OR TO FULFILL A FALSE SENSE OF HOPE. THIS NOVEL GIVES A LESSON THAT NOT EVERYTHING IS AS IT SEEMS ALWAYS.LIFE IS FILLED WITH CHALLENGES AND STRIFE.THERE ARE MANY WAYS TO OVERCOME THESE PROBLEMS BUT ONE OF THE LEAST KNOWN IS CURTAINED BY FALSE KINDNESS AND MANIPULATIVE PERSONS. ... <!
Saturday, August 22, 2020
lasswells model of communicat Essay Example
lasswells model of communicat Essay An Evaluation of the 2004 Philippine Election Campaign Using Lasswell;s Model of Communication Comparing the ongoing Philippine political decision with the previous ones, one would see the extraordinary reliance on media during the battle of the competitors in the ongoing race. It appears that most competitors truly knew the degree of media;s impact in the result of the elections.Moreover, the aftereffects of the political race further demonstrate how much media has an influence in our choices for our country.Harold Lasswell;s correspondence model can be utilized to assess this ongoing occasion and see why a few applicants won and others didn't. Thefirst phase of Lasswell;s model, ;Who;, looks to clarify who is in control.It would be sensible to contend that the individuals who were ;in charge; in the crusade time frame were the individuals who won seats in the government.In connection to George Gerbner;s model, the individuals who were ;in charge; were the individuals who approached the media.During the battle time frame, TV crowds were besieged with political promotions, of which up-and-comers burned through millions for, particularly during prime time.Because of this costly method of battling, we can reason that wealth had an extraordinary impact in the ongoing elections.Money was one method of accessing the media so as to contact individuals of various segments. Their successive appearances have helped them gain recognition.Gloria Macapagal-Arroyo purportedly burned through P333 million while Fernando Poe Jr. spent 92.1 million.Noli de Castro was said to have burned through P89.6 million while his principle bad habit presidential adversary, Loren Legarda burned through P64.9 million. Another VP applicant, Herminio Aquino proclaimed in his announcement of uses and commitments a sum of P6.58 million, path beneath contrasted with that of the other two different competitors; expense.Among the senatorial wagers, Manuel ;Mar; Roxas, the up-and-comer with the most vote
Sunday, July 19, 2020
What You Should Look for in a Prepaid Debit Card
What You Should Look for in a Prepaid Debit Card What You Should Look for in a Prepaid Debit Card What You Should Look for in a Prepaid Debit CardPrepaid debit cards can be a great alternative for those who cant open a banking account, but watch out for those fees and restrictions!Prepaid debit cards are all the rage these days. In fact, theyâre the fastest growing consumer financial products according to the Consumer Financial Protection Bureau (CFPB). And if anyone knows consumer financial products, itâs the Consumer Financial Protection Bureau. Itâs half of their name!But these prepaid debit cards arenât always on the up and up, which is why the CFPB is instituting new rules for 2019 that prepaid debit card issuers will have to follow. But how does all of this impact you personally? How do prepaid cards work? Should you get one? How should you choose which one? And are there better options?Read on, and learn the answers to these questions! What are prepaid cards and how do they work?At a basic level, prepaid debit cards provide a way for people who are not able to acce ss regular banking services or credit cards to access some of the benefits of both. Many of these people have been flagged by Chexsystems and wont be able to open traditional bank accounts for years to come.While traditional checking accounts often require minimum balances, many prepaid cards offer more flexibility, allowing you to load money on the card at your discretion. And while youâll need good credit to qualify for a credit card, many prepaid debit cards do not require any sort of credit check at all.Prepaid debit cards allow you to use ATMs to withdraw cash, though there are likely to be some significant restrictions and fees. They also provide a secure way to store money and take part in online shoppingâ"both of which you canât do with cash.Because you canât overspend with a prepaid debit card, it can also be a good way to either keep some self-discipline in your budget or to teach teens how to manage finances.So whatâs the downside?The downside of prepaid debit ca rds. Up until recently, Consumer Reports did not recommend any prepaid credit cards. Thatâs because prepaid cards were loaded with fees and offered little protection if the card was lost or stolen. That was 2010.A lot has changed since then. Now Consumer Reports evaluates different prepaid cards, some of which theyâre willing to recommend. Itâs important to note, however, that while prepaid cards are a lot better than they were, there are still a lot of big fees and unsafe cards out there. Thatâs why the CFPB is still issuing new rules.This means youâll want to be sure to do your research when looking for prepaid cards. Ideally, you want a card with lowest fees possible, the greatest utility possible, and the most protections in place. The closer the card is to a traditional debit card that youâd receive from a bank, the better.Donât just trust the card issuer, however. Look online and read customer reviews to confirm that what youâre being told is accurate, and don ât sign anything until youâve reviewed the contract carefully. If you have friend or family member whoâs a lawyer, maybe have them take a look at it too.Some other bad credit options to consider.If youâre having trouble finding a prepaid debit card that works for your situation, there are other similar options you might consider.One possibility is a secured credit card. These are credit cards require cash collateral but can be accessed by people with not-so-great credit scores. The higher the cash collateral, the higher your total available credit. Unlike prepaid debit cards, many secured credit cards allow you to build up your credit score. You will have to be sure to pay off your bill each month, however, or else you could risk losing your cash deposit.You could also consider a âsecond chanceâ bank account. These are bank accounts for customers with a financial history that bars them from opening a traditional bank account. Second chance bank accounts tend to come with additional fees and restrictions, but some of them will let you graduate to a regular checking account ahead of schedule. All in all, theyre definitely worth looking into.Of course, you donât necessarily have to pick one. Some mix of these options could work for you, though youâll want to be careful. The more split up your money is, the easier it can be to lose track of it. And regardless of what option or options you choose, itâs vital that you track your finances and keep to a budget that you can manage.Watch for predatory financial products.Unfortunately, our current financial system doesnât leave many great options for people who are already in not-so-great financial situations. Prepaid credit cards, much like bad credit loans and other products for people with not-so-great financial situations, are going to come with some downsides.And because the creators of financial products know that those with bad credit are going to be more desperate, many will try to take advan tage through predatory products. Short-term no credit check loans like title loans, cash advances, and payday loans are just the tip of the iceberg.Thatâs why itâs important that you always stay wary and balance all of the available options you can access to get the best results possible. Whether thatâs a prepaid card or not will depend on your own situation.If youre looking to improve your finances long-term, check out these related posts from OppLoans:Your Guide to Escaping a Debt Trap10 Good Money Habits to Make Your Friends JealousHow to Responsibly Maximize Your Credit Card RewardsFrom Budget to Baller: 6 Tips to Grow Your MoneyWhat else do you want to know about bad credit banking? We want to hear from you! You can find us on Facebook and Twitter.
Thursday, May 21, 2020
Essay on Effective Intervention for Homeless Youth
As previously discussed, homelessness among youth in the Houston / Harris County area is a growing population with far reaching consequences for this group. They can be identified as a cultural group as they identify with others who have shared experiences and commonalities. Some of the serious struggles, identified in part I, homeless youth face are the increased probability of becoming victimized on the streets, higher risk of being infected with a STD or HIV, becoming pregnant, entering the criminal justice system, not having access to medical treatment, employment, housing, or education and job training. Without resiliency, the bleak outlook on life has the power to destroy their self-efficacy leaving them with low self-esteem.â⬠¦show more contentâ⬠¦The strengths model emphasizes that the capacity for growth and recovery is an innate ability of human beingsâ⬠(p. 2). Merely offering supportive services can improve human connectedness among between homeless youth and society reducing negative self-esteem and self-image thus creating greater self-reliance. Supportive services indirectly provides social inclusion, social cohesion, and social empowerment through direct services, such as comprehensive case management, housing, independent living, life management skills, vocational training, cognitive-behavioral intervention, and inspirational motivation. Supportive studies indicate ââ¬Å"â⬠¦promising results regarding higher levels of social connectedness and a trend towards decreased feelings of hopelessness were found in a study about the evaluation of the impact of a relationship based intervention among homeless youthâ⬠( Krabbenborg et. al, p. 2). Key elements of a strengths based intervention are to get these disenfranchised youth to draw on their positive attributes instead of negative life challenges they have encountered while introducing them to community resources. The most inspiring economical of all interventions, t he strengths based perspective, believes anyone. However, the strengths perspective can be time consuming as it seeks to make changes from within. A different, yet traditional,Show MoreRelatedThe Psychological Symptoms And Disparities Of Gay Youth And How They Outstandingly Differentiate From Their Homeless Heterosexual Counterparts1154 Words à |à 5 Pages1. Rosario, M., Schrimshaw, E.W. Hunter, J. J Youth Adolescence (2012). Authors Rosario, Schrimshaw, and Hunter in this article, documents the very high rates of homelessness among lesbian, gay, and bisexual youth. However, this study is primarily focuses on the psychological symptoms and disparities of gay youth and how they outstandingly differentiate from their homeless heterosexual counterparts. After further investigation they had begun to examine potential mediators between the two such asRead MoreHomelessness : The Problem Of Homelessness1584 Words à |à 7 Pagesmoney for food is consider homeless. Sadly, these individuals are everywhere and the amount of people under this title is slowly increasing. However, in this nation we have the ability to begin decreasing that number. By providing the necessary amount of assistance required to place these individuals in permanent housing, the number of homeless individuals will begin to decrease. To solve the problem of homelessness, people must understand why individuals become homeless. Some individuals struggleRead MoreHomeless Children : The Poverty Rate, Lack Of Affordable Housing And Single Parent Households1476 Words à |à 6 PagesHomeless Children According to recent reports child homelessness, an estimated 2.5 million children are homeless in the United States. Sadly, nearly half of these children are under the age of five. In fact, one in every thirty children is considered homeless and the numbers continue to increase annually (Bassuk, E., DeCandia, C., Beach, C., Berman, F., 2014) Though many factors contribute to this social epidemic, the high poverty rate, lack of affordable housing and single parent households areRead MoreThe Homelessness And Substance Abuse1436 Words à |à 6 Pages(2011), research conducted in the past five years indicates that about 50% of those who are homeless have co-occurring substance abuse problems. Along with co-occurring substance abuse problems, there continues to be other problems such as treatment access to those who are homeless. In this paper we will explore research on the homeless population in relation to substance abuse, and effective interventions on an individual level. Diversity: Homelessness and substance abuse ââ¬â¹Homelessness and substanceRead MoreSocial Research On Ethical And Political Context1556 Words à |à 7 Pagesof the current Barwon South West Regionââ¬â¢s Youth Homelessness Services, with the aim of locating and bridging gaps that are presently in the services system, by collecting and analysing information such as assessment data, client interviews and so forth (Depoy Gilson, 2003, p75). This proposal will ascertain whether the Youth services in the Barwon South West region is fully addressing the barriers facing homelessness, exploring whether early intervention initiated outreach programs will engage orRead MoreLgbt, Lesbian, Bisexual, And Queer Identified ( Lgbtq ) Runaway And Homeless Youth1416 Words à |à 6 Pagestransgender, and queer identified (LGBTQ) runaway and homeless youth are of the most vulnerable groups in this country. Homelessness, particularly among lesbian, gay, bisexual, and transgender, queer youth is an enduring example of a social problem in our society. The LGBTQ youth faces an increasing number of challenges. In disclosing their sexual orientation family conflict arises and plays a huge role in the issue of homelessness among the LGBTQ youth. They face forms of stigma and marginalization thatRead MoreThe Problem With Homeless Today1209 Words à |à 5 PagesWeek 7 Assignment: The Problem with Homeless in America Equilla Simmons Boston University One of the basic human needs is shelter. While many people take having a roof over their head for granted, there is a plethora of people that have no place to call home. However, America has become a place where Social Darwinism is vastly accepted, leaving several people that are homeless with limited resources. ââ¬Å"In January 2013, 610,042 people were homeless on a given night. Most (65 percent)Read MoreHomeless Population Essay991 Words à |à 4 PagesHomeless Populations HN200 1. In your text on pages 206-207, the author discusses his research on the homeless population. He refers to the many routes one can take to become homeless. Choose two populations from his list that you might work with in your career as a human services professional. Describe two possible interventions or tasks that you might be involved with in working with each population. What are some of the general skills a human services professional might need toRead MoreThe Problem Of Substance Abuse2107 Words à |à 9 Pagesabuse is a contributing factor and very often a result of homelessness. Homeless youth are at greater risk for addiction and addicted youth are at greater risk of being homeless. According to a study by Peterson et.al. (2006). Homelessness and addiction have many correlations. The financial, social, physical, and psychological effects are profound. Financially, it is very difficult to support a household and a habit. Many homeless people choose to spend what meager funds they acquire on drugs, alcoholRead MoreHomelessness and Childhood Development Essay976 Words à |à 4 PagesThis paper will attempt to explain from an developmental and ecological framework the myriad of issues and obstacles effecting the health and development of those who experience homelessness in youth. Homelessness at such an early and integral stage in oneââ¬â¢s life presents lasting consequences and we must work to better understand, prevent and reverse the effects of homelessness on children. ââ¬Æ' Homelessness is a widespread issue that in recent years has only worsened with the downturn in the economy
Wednesday, May 6, 2020
Cumberland Metals Case - 1048 Words
1 We recommend Cumberland Metal Industries capitalize on their evolving position as a leader in the curled metal industry and effectively launch their new curled metal cushion pads to be positioned as the ââ¬Å"new industry standardâ⬠in the pile driving market. In order to successfully launch this product, we first and foremost recommend that CMI acquire a patent to prevent this product from being copied and imitated, thus avoiding the entry of competitors. The associated value and advantages of CMIââ¬â¢s metal cushion pads are evident from the results of the two comparative performance tests by Colerick and Fazio. CMI pads drove piles 33 percent faster than asbestos per hour and lasted the entire job while also eliminating the downtime requiredâ⬠¦show more contentâ⬠¦We encourage CMI to identify the top contractors and dispatch sales representatives to educate these companies on the benefits of the new CMI metal cushion pad in comparison to what is currently being o ffered in the market (asbestos pads). The sales representatives can use the results from the Colerick and Fazio tests to demonstrate the advantages of switching to CMI metal pads. Allowing them to test the product before paying will only improve brand reputation and overcome price objections. We know they are very interested in making money, thus we can assume they are interested in saving as much time and money as possible throughout each pile driving job. Contractors bid on job contracts by estimating the amount of time it would take to drive the specified piles the distance required, and by utilizing the new CMI metal pads and simultaneously minimizing the associated time per job, these contractors can win more jobs and produce more efficient work overall. Once independent pile-driving companies such as Colerick and Fazio try the product and see the unique value and advantages that CMI pads offer, they can promote the product through word of mouth and by exemplary job execution w hich will in turn help aid in making CMI pads the new industry standard and most well-known pile-driving pad brand. 7 Knowing that some independent contractors will be apprehensive in switching to CMI metal cushion pads due to cost and lack of information on the value added benefits, weShow MoreRelatedCase 2: Cumberland Metal Industries1070 Words à |à 5 PagesIndustrià «le Marketing Prof. dr. Muylle Steve Case 2: Cumberland Metal Industries: Engineered Product Division, 1980 Deadline: Friday 14/10/2011, 18h Group1: Team 07: Michiels Verona Moortgat Jonas Moravcovà Alexandra Mortier Nick Seffers Raphaà «l 1. What is the worth of the CMI cushion pad relative to the incumbent asbestos cushion pad? Build a customer value model including value elements, word equations, assumptions, and calculations based on the test results of both ColerickRead MoreCumberland Metal Industries : Case Study1144 Words à |à 5 PagesCumberland Metal Industries ââ¬â Case Study Aayush Koradia Issues: Following were the issues being looked by Cumberland metal ventures: à ¥ How to value the item which does not exist in market to guarantee individuals would end up buying? à ¥ How to promote, teach and decide the appropriate channel to dispatch the item à ¥ How to approach the influencers? à ¥ Demand estimates à ¥ How to create a market for the pads? à ¥ Product mix - What all items will be offered as they are as of now concentrating just onRead MoreCumberland Metals Case Study Essay1870 Words à |à 8 PagesThe ââ¬Å"Cumber-Coilâ⬠: A Revolutionary Product for the Value-Conscious SITUATION ANALYSIS Cumberland Metals Industries developed a new type of cushion pad for pile drivers made of curled metal. The 11.5 inch ââ¬Å"Cumber-Coilâ⬠was tested by two different companies on two different projects and was found to far exceed the performance of the existing market-dominant product, the asbestos pad. The Cumber-Coil weighed half what the asbestos pad did and boasted a 33% faster driving time, 60% reduction inRead MoreCumberland Case1250 Words à |à 5 PagesPresentation Marketing Cumberland Metal Industries ( CMI cushion pads) The Problem Definition: For Cumberland Metal Industries the curled metal cushion pads represent a great breakthrough. These pads offer the company the opportunity to diversify, and double their sales, given a proper market introduction. Cumberland Industries faces the challenge to Place in the market (promote/advertise) and price their latest innovation, the curled metal cushion pads in a way that it reveals the great advantagesRead MoreCumberland Case1241 Words à |à 5 PagesPresentation Marketing Cumberland Metal Industries ( CMI cushion pads) The Problem Definition: For Cumberland Metal Industries the curled metal cushion pads represent a great breakthrough. These pads offer the company the opportunity to diversify, and double their sales, given a proper market introduction. Cumberland Industries faces the challenge to Place in the market (promote/advertise) and price their latest innovation, the curled metal cushion pads in a way that it reveals the great advantagesRead MoreOptical Illusions852 Words à |à 4 PagesHarvard Cases for BBUS 521 1. 2. 3. 4. 5. 6. 7. Southwest Airlines (A), Reprint # 9-575-060 Cumberland Metal Reprint # 9-580-104 Optical Distortion Reprint # 9-575-072 Biopure Corp. # 598-150 Nestle Refrigerated Foods, # 9-595-035 Aqualisa Quartz: Simply a Better Shower: 9-502-030 Fashion Channel: Market Segmentation, # 2075 Case Preparation Questions: The list provided below for each case are Preparation Questions. They are not meant to be comprehensive nor are they to be answered in sequenceRead MoreNotes on Pricing Strategy5324 Words à |à 22 Pagesmaking the pricing decision, it is assumed that the product is given to us. Thus as a first step, we eliminate all those segments/customers who will not buy the product regardless of the price that we charge. For instance, consider the Land Rover case in which the Rover group was to introduce Discovery in the market. Thus we will first eliminate all those segments who will not buy Discovery regardless of the price that we charge. This elimination is done by doing the matching exercise, in whichRead MoreCumberland Case2007 Words à |à 9 Pages Q1-1) What price would you charge for the Cumberland pad? According to the six stages of setting price, ââ we have to select the pricing objective. Since Cumberland is in the level of introducing CMI, they have to pursue product-quality leadership which is to offer ââ¬Å"affordable luxuriesâ⬠for now and consider about maximizing profit later. â⠡The second stage is to determine demand. So, Cumberland has to consider consumersââ¬â¢ price sensitivity - in this case sensitive to quality. Therefore, we should thinkRead MoreCumberland Metal Industries Analysis Essay example1301 Words à |à 6 PagesExecutive Summary Cumberland Metal Industries (CMI), which was historically one of the largest manufacturers of curled metal products in the country, has developed a new product. This product is a metal cushion pad which is to be used with large crane-pile driving activities. The cushion is to prevent the shock of the hammer from damaging the pile. CMIââ¬â¢s cushion pad is a ââ¬Å"one-of-a-kindâ⬠product as there is nothing similar on the market today making comparisons difficult. Upon successfulRead MoreTerrorism Has Plagued The World2529 Words à |à 11 Pagesdomestically and internationally to establish airport security. From one of the first major terrorist attacks on an aircraft in 1955 to the multiple attacks throughout the 1960s and 70s, for the first time airports were introduced to armed security guards, metal detectors, and explosive detection canines. Over the next two and half decades, airports also saw the use of U.S. Marshallââ¬â¢s aboard flights, and the insta llations of X-Ray machines for both carry-on and checked luggage. While the measures in place
Decision Making for Behemoth Motors Corp Free Essays
Business management has become one of the most popular jobs in the world . Wally Wizard, as GSPN manager, needs a keen eye to ensure that the business is running with no hitches, no obstacles to success and no decrease in revenues. First, it is important to define what Wally Wizardââ¬â¢s problem is. We will write a custom essay sample on Decision Making for Behemoth Motors Corp or any similar topic only for you Order Now Superficially, Mr. Wizard has no problem with the outfit, because statistics show that only 2% of their products fail quality control. However, upon closer inspection, Mr. Wizard does have a problem: the direct materials that they utilize are acquired pursuant to monthly contracts. Even though there are no future obligations under the contracts, BMC is still vulnerable to his suppliersââ¬â¢ whims: sudden increase in rates or the possible non-renewal of their contracts the following month. Now that the problem has been identified, what alternatives do Mr. Wizard have? A perfect opportunity in an offer made by Far East Enterprises, Ltd. comes along. Although production costs are a fraction higher than BMC/GSPNââ¬â¢s current operations, FEE offers a two-year contract that would presumably contain less risk than the current system. However, if Mr. Wizard opts for the outsourcing, what to do with their 100 strong employees? Mr. Wizard already has the relevant information he needs so that he can make a viable, intelligent and profitable decision. Behemoth Motors Corp. 2 (1) FEE assures the same quality as the current BMC/GSNP quality. (2) The FEE outsourcing is covered by a contract. (3) The factory floor space vacated by the business operations can be a source of savings. (4) FEEââ¬â¢s delivery schedule is as reliable as BMCââ¬â¢s. (5) BMCââ¬â¢s supervisors can be absorbed by other BMC units. Therefore, the only problem is the laying off of 100 laborers. The solution to this would be intense collective bargaining agreements with the union. The FEE contract will commence on July yet, buying time for the company to make negotiations. Labor standards and regulations do not enjoin employers from discharging or laying off employees (Kim 2003). The employees may be given three monthsââ¬â¢notices of their discharge. In lieu, Mr. Wizard can monetize the three months notice, which will provide ample support and time for the employees to gain employment. Unions are amenable to notices specially if the workforce to be discharged is paid off. This is an opportunity cost for BMC/GSPN, wherein Mr. Wizard quantifies the cost of sacrificing his workforce, in favor of obtaining the benefits of the FEE contract (Jay 2004). Mr. Wizard will wake a sound managerial decision by opting for the FEE Behemoth Motors Corp. 3 Contract. Why? Most of the qualitative factors in making decisions are soundly met (Relevant Costs): (a) Quality is assured; (b) Delivery schedules will be met; (c) FEE is a reputable outsourcing company which will in turn uphold the reputation of BMC/GSPN; and (d) As result, customer opinion will be high and their satisfaction guaranteed. To conclude, studies have shown that outsourcing benefits include better planning, higher points of operational consistency, and faster implementation of new techniques and strategies (Ferrell 2003). Behemoth Motors Corp. 4 References Relevant Costs for Decision Making, Retrieved May 27, 2008 from: http://www. mhhe. com/business/accounting/garrison/Student/olc/garrison9emgracct_s/chapterindex13. htm Jay, B. (2004). Relevant costs for decision-making, Retrieved May 27, 2008 from: http://www. accademy. com/students/publications/student_accountant/archive/2004/47/1163453 Ferrell, Keith. Outsourcing Benefits May Be More Than Monetary, Retrieved May 27, 2008 from: http://www. informationweek. com/news/services/showArticle. jhtml? articleID=15200441 Kim, Wang Bae. Economic crisis, downsizing and ââ¬Å"layoff survivorââ¬â¢s syndromeâ⬠. Journal of Contemporary Asia, 2003. Retrieved May 27, 2008 from: http://findarticles. com/p/articles/mi_go2234/is_200310/ai_n9366529 How to cite Decision Making for Behemoth Motors Corp, Papers
Decision Making for Behemoth Motors Corp Free Essays
Business management has become one of the most popular jobs in the world . Wally Wizard, as GSPN manager, needs a keen eye to ensure that the business is running with no hitches, no obstacles to success and no decrease in revenues. First, it is important to define what Wally Wizardââ¬â¢s problem is. We will write a custom essay sample on Decision Making for Behemoth Motors Corp or any similar topic only for you Order Now Superficially, Mr. Wizard has no problem with the outfit, because statistics show that only 2% of their products fail quality control. However, upon closer inspection, Mr. Wizard does have a problem: the direct materials that they utilize are acquired pursuant to monthly contracts. Even though there are no future obligations under the contracts, BMC is still vulnerable to his suppliersââ¬â¢ whims: sudden increase in rates or the possible non-renewal of their contracts the following month. Now that the problem has been identified, what alternatives do Mr. Wizard have? A perfect opportunity in an offer made by Far East Enterprises, Ltd. comes along. Although production costs are a fraction higher than BMC/GSPNââ¬â¢s current operations, FEE offers a two-year contract that would presumably contain less risk than the current system. However, if Mr. Wizard opts for the outsourcing, what to do with their 100 strong employees? Mr. Wizard already has the relevant information he needs so that he can make a viable, intelligent and profitable decision. Behemoth Motors Corp. 2 (1) FEE assures the same quality as the current BMC/GSNP quality. (2) The FEE outsourcing is covered by a contract. (3) The factory floor space vacated by the business operations can be a source of savings. (4) FEEââ¬â¢s delivery schedule is as reliable as BMCââ¬â¢s. (5) BMCââ¬â¢s supervisors can be absorbed by other BMC units. Therefore, the only problem is the laying off of 100 laborers. The solution to this would be intense collective bargaining agreements with the union. The FEE contract will commence on July yet, buying time for the company to make negotiations. Labor standards and regulations do not enjoin employers from discharging or laying off employees (Kim 2003). The employees may be given three monthsââ¬â¢notices of their discharge. In lieu, Mr. Wizard can monetize the three months notice, which will provide ample support and time for the employees to gain employment. Unions are amenable to notices specially if the workforce to be discharged is paid off. This is an opportunity cost for BMC/GSPN, wherein Mr. Wizard quantifies the cost of sacrificing his workforce, in favor of obtaining the benefits of the FEE contract (Jay 2004). Mr. Wizard will wake a sound managerial decision by opting for the FEE Behemoth Motors Corp. 3 Contract. Why? Most of the qualitative factors in making decisions are soundly met (Relevant Costs): (a) Quality is assured; (b) Delivery schedules will be met; (c) FEE is a reputable outsourcing company which will in turn uphold the reputation of BMC/GSPN; and (d) As result, customer opinion will be high and their satisfaction guaranteed. To conclude, studies have shown that outsourcing benefits include better planning, higher points of operational consistency, and faster implementation of new techniques and strategies (Ferrell 2003). Behemoth Motors Corp. 4 References Relevant Costs for Decision Making, Retrieved May 27, 2008 from: http://www. mhhe. com/business/accounting/garrison/Student/olc/garrison9emgracct_s/chapterindex13. htm Jay, B. (2004). Relevant costs for decision-making, Retrieved May 27, 2008 from: http://www. accademy. com/students/publications/student_accountant/archive/2004/47/1163453 Ferrell, Keith. Outsourcing Benefits May Be More Than Monetary, Retrieved May 27, 2008 from: http://www. informationweek. com/news/services/showArticle. jhtml? articleID=15200441 Kim, Wang Bae. Economic crisis, downsizing and ââ¬Å"layoff survivorââ¬â¢s syndromeâ⬠. Journal of Contemporary Asia, 2003. Retrieved May 27, 2008 from: http://findarticles. com/p/articles/mi_go2234/is_200310/ai_n9366529 How to cite Decision Making for Behemoth Motors Corp, Papers
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