...organization. A mission statement is the broad definition of the organizational mission. It is sometimes referred to as a creed, purpose, or statement of corporate philosophy and values. A good mission statement inspires employees and provides a focus and direction for setting lower level objectives. It should guide employees in making decisions and establish what the organization does. Mission statements are crucial for organizations to prosper and grow. While studies suggest that they have a positive impact on profitability and can increase shareholder equity, they also support that almost 40 percent of employees do not know or understand their company's mission. Not only large corporations benefit from creating mission statements but small businesses as well. Entrepreneurial businesses are driven by vision and high aspirations. Developing a mission statement will help the small business realize their vision. Its primary purpose is to guide the entrepreneur and assist in refining the planning process. By developing a strategic plan that incorporates the mission statement, entrepreneurs are more likely to be successful and stay focused on what is important. The mission statement encourages managers and small business owners alike to consider the nature and scope of the business. Business Week attributes 30 percent higher return on several key financial measure for companies with well-crafted mission statements. COMMON ELEMENTS While mission statements vary from organization...
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...quickly. B. Relate your topic to the audience. C. Establish credibility (what is the nature of your connection with this topic? Why are you the one best equipped to tell us about it?) III. Thesis/topic statement. A. For the persuasive speech, the thesis statement should identify all parts of your policy solution. B. Remember, the thesis is not your preview. a. Rather than a roadmap, your thesis should function as a kind of “teaser,” designed to entice and engage your audience. b. Leave the preview of your speech to the next part. IV. Preview. A. In one sentence, provide us an overview of your main points. B. A preview is a psychological roadmap. Or, if you prefer, it’s an appetizer for the main course. (transition) Transitions are the glue or the stitching that holds your speech together. Example introduction: I. On June 1, Rosie Vallejo received a payday loan for $1,000. A month later, the cost of that loan had quadrupled to $2,000; a year later, the cost of the loan was around $20,000. A. Rosie has fallen into what critics of payday loans have called a “debt trap.” B. Though they claim that they desire to help their customers get, payday loan stores are actually in the business of creating debt traps. II. Why would someone take out a payday loan? A. Presently, a large portion of the United States workforce is either un- or under-employed. According to the Bureau of Labor...
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...Learning organizations are characterized by total employee involvement in a process of collaboratively conducted, collectively accountable change directed towards shared values or principles. (Watkins and Marsick 1992: 118) We can see much that is shared in these definitions – and some contrasts. To start with the last first: some writers (such as Pedler et. al.) appear to approach learning organizations as something that are initiated and developed by senior management – they involve a top-down, managerial imposed, vision (Hughes and Tight 1998: 183). This can be contrasted with more ‘bottom-up’ or democratic approaches such as that hinted at by Watkins and Marsick (1992; 1993). According to Sandra Kerka (1995) most conceptualizations of the learning organizations seem to work on the assumption that ‘learning is valuable, continuous, and most effective when shared and that every experience is an opportunity to learn’ (Kerka 1995). The following characteristics appear in some form in the more popular conceptions. Learning organizations: Provide continuous learning opportunities. Use learning to reach their goals. Link individual performance with organizational performance. Foster inquiry and dialogue, making it safe for people to share openly and take risks. Embrace creative tension as a source of energy and renewal. Are continuously aware of and interact with their environment. (Kerka 1995) As Kerka (1995) goes onto comment, the five disciplines that Peter Senge goes...
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...improving productivity in a work group, pressure from a supervisor, incentive earnings, and competition may be examples of driving forces. Restraining Forces: Restraining forces are forces acting to restrain or decrease the driving forces. Apathy, hostility, and poor maintenance of equipment may be examples of restraining forces against increased production. Equilibrium is reached when the sum of the driving forces equals the sum of the restraining forces. In our example, equilibrium represents the present level of productivity, as shown below. Steps involved in Force Field Analysis Step-1 : Prepare the statement of the problem or issues under study (note : make sure that the statement is indicative and provide clear understanding and perspective regarding the cause variables). Step-2 : Identify as much as possible the restraining and driving forces involved in problems scenario. Step-3 : Put appropriate weight to each of the restraining and driving forces according to their intensity and magnitute (In scale of 1-10). Step-4 : Indentify the degree of influence for each of the restraining and driving forces (In Scale of 1-10). Step-5 : Get the score of intensity and...
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...Kudler Fine Foods Problem Statement Ryan Jaffe MGT 521 October 19, 2010 Bruce Carter III Kudler Fine Foods Problem Statement When Kathy Kudler created Kudler Fine Foods she envisioned establishing a one stop gourmet store. She wanted to sell the most excellent of products including meats, cheese, produce, and wine. Shortly after opening her first store, she expanded locally opening two others; creating her own chain of gourmet stores. Kathy now has a vision of providing quality foods to the local area while expanding and opening new stores throughout California. Kudler Fine Foods’ strategic plan places this idea in perspective along with other goals Kathy wants to reach, but with these goals are also a few issues that will need to be overcome for success. Kudler Fine Foods can expand locally and globally by developing the management team, marketing department, and working on operations management. With the improvement of these issues, Kathy will have no problem expanding her store beyond her first vision of a local supermarket. Kudler Fine Foods faces an immense issue in the area of expansion. If Kathy is going to expand to anymore locations whether it is locally or globally she will need to change her present management technique. With the planned expansions into Carlsbad and then San Francisco, she cannot continue to run all the stores throughout California on her own. Kathy will need to consider hiring individual management teams for each location that can perform...
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...Infosys: Summary In 1981 Narayana Murthy and six colleagues established Infosys with $250; it is an organization created for professionals by professionals that promised to be fair to its “infoscions” (employees), customers, and shareholders (Delong, 2006, p. 1). The company’s overall vision was to become a “global company” that developed wealth in an honorable manner by redistributing funds to the poor and provide fairness to all (Delong, 2006, p. 3). Infosys worked in the information technology (IT) market via several strategies, body-shopping and offshoring; however; it turned out creating problems than the company planned for which caused a chain reaction of more problems before management finally realized they “fell from grace” (Delong, 2006, p. 10). Therefore, the following paragraphs summarize and analyze Infosys (A): Strategic Human Resource Management written by Delong, Tandon, and Rengaswamy as it relates to Strategic Human Resource Management (SHRM). Case Analysis When Infosys first opened its doors, their strategy known as bodyshop was increasing their labor costs due to the U.S. government limiting distribution on B1 Visas per year. Body shopping is a form of outsourcing in which Infosys recruits IT students straight out of college, place them with clients on project-based assignments until completion (Delong, 2006). Once completed workers are either placed on another project or benched to wait for a new assignment (Darwish, et al., 2010). This is similar...
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...Case: Blends Cooperative Ltd Introduction A social entrepreneur is, in essence, someone who develops an innovative answer to a social problem (for instance, a business model for helping to tackle poverty). A decade ago the term was scarcely heard; today everyone from London to Lagos wants to be one. One such initiative is Blends Cooperative, to work with farmers to produce high quality fresh juice from fruits and vegetables and deliver it at the door step every morning. Although a simple idea, it started with a vision of creating large scale employment and also making juice, like milk, an integral part of every house hold’s early morning diet. Vision There is a great need for food processing in a country like India. According to Emerson study in 2013, around 13,300 crores worth of fruits and vegetables are wasted annually in India. The founders also envision an Amul like business model for Blends, both for juice delivery, and otherwise. Like Amul has become a cooperative success, creating bottom of the pyramid employment along with successfully becoming financially sustainable, there is a definite scope in food processing, for farmers to create a great business idea out of it. Business Model Door Service delivery models have had tremendous success in the recent years. Started as a private entity, Blends was set up by MBA graduates a couple of years back to make the busy lives of professionals, women, sportsmen, senior citizens and many others healthy and easy. The company...
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...work for, Picker & Associates, CPA’s, does not have a Vision Statement, Mission Statement or even a Strategy that is outlined. Even though we are a small company that most of the time works well together, developing these three items will help the organization focus better as a whole. Over the next few pages, I will develop a Vision Statement, Mission Statement and Strategy for Picker & Associate’s, CPA’s. I will also explain how these statements would impact the company both positively and negatively. Change Analysis Paper: “Vision.” I had never really given it much thought before, but I think that creating a Vision Statement for Picker & Associates, CPA’s would be a great idea. If the task of creating one were given to me, I would present something like this: Within the next three years, Picker & Associates, CPA’s will become the premier accounting firm for condominium and homeowners association audit work by providing timely and efficient results. I think that the number one way that this statement can be valuable to the company is by helping us focus. Because of the economy, our organization has become very reactive and scared. I believe that by creating a vision statement for the company, we will be able to refocus and get back to what we do best. Whenever I did think about the three statements that my company does not have, the mission statement was always the one that came to mind first. After careful consideration...
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...business proposals: solicited business proposals (which are submitted in response to an advertisement published by the buyer or client) and unsolicited proposals (submitted or given out to potential buyers or clients even though they are not requesting for one). Business Proposal vs. Business Plan Quite often, the terms “business proposal” and “business plan” are used interchangeably, giving you the impression that they are one and the same. But they are not.7 A business proposal is created to offer a product or service to a buyer or client. On the other hand, a business plan is a “formal statement of a set of business goals” and how these would be achieved. The latter is only part of what is included in a business proposal. 3 Ps of a Winning Business Proposal The secret behind writing a winning business proposal and one that will just be set aside is the presence of what I call the 3 Ps: problem statement, proposed solution, and pricing information....
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...Creating a Business Plan Harvard Business Press Boston, Massachusetts ISBN-13: 978-1-4221-6687-1 Creating a Business Plan Pocket Mentor Series The Pocket Mentor Series offers immediate solutions to common challenges managers face on the job every day. Each book in the series is packed with handy tools, self-tests, and real-life examples to help you identify your strengths and weaknesses and hone critical skills. Whether you’re at your desk, in a meeting, or on the road, these portable guides enable you to tackle the daily demands of your work with greater speed, savvy, and effectiveness. Books in the series: Leading Teams Running Meetings Managing Time Managing Projects Coaching People Giving Feedback Leading People Negotiating Outcomes Writing for Business Giving Presentations Understanding Finance Dismissing an Employee Creating a Business Plan Managing Stress Delegating Work Shaping Your Career Persuading People Managing Crises Managing Up Becoming a New Manager Managing Difficult Interactions Hiring an Employee Making Decisions Managing Diversity Executing Innovation Creating a Business Plan Expert Solutions to Everyday Challenges Harvard Business School Publishing Boston, Massachusetts Copyright 2007 Harvard Business School Publishing Corporation All rights reserved No part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form, or by any means (electronic, mechanical, photocopying, recording...
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...market economy, no matter creditors, stock shares, managers or other information user, focus on the cash flow and the creating cash capacity of enterprise. The statement of cash flow has become one of the main financial statements of every enterprise. Because the statement of cash flow demonstrates the ability of creating net cash flow of enterprises and reveals the liquidity of enterprise’s asset more clearly, helping the users provide object evaluation of overall financial situation. However, a series of simple initial data which statement of cash flow offered still not helpful for decision directly. Therefore, according to the analysis of cash flow statement, which can understand the company’s money flows in, flow out and balance situation, realize the main methods of cash flow out and where enterprises cash flows in. The cash flow statement is intended to provide information on a firm's liquidity or solvency, in order to provide a clear understanding of a company's financial resources at special period. Through the problems found out from financial aspect, promotes the manager understand the operating situation more sufficiently, thus offer the abundant, effective basis for its science decision. TThe cash flow statement has three sections:Operating, Investing and Finance. The cash flow statement was originally known as the flow funds statement or statement of changes in financial position. Operating Activities The operating activities are related to the incoming and outgoing...
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...best match for a business’s products and services” (Suttle, 2014, ¶ 2) This statement speaks directly to the ideal scenario every company hopes to find; one where it’s strengths as a product and service provider are best matched with the client and consumer base most in need of these outputs. When reviewing soft drinks giant Coca Cola, we find a company that specializes in diversity; dominating the world’s beverage market with a wide variety of product choices specifically targeted to the most opportune consumers. The paper that follows will outline several critical market segments used by the company including overviews on demographic, psychographic, geographic and behavioral characteristics of the Coca-Cola Company. Coca Cola’s target markets and the company’s plans for targeting these markets will also be discussed, and a proposed positioning statement for the company will also be introduced. Company Overview Founded in 1886, The Coca-Cola Company is headquartered in Atlanta GA, and “is the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands.” (Coca-Cola Company, 2015). Coca-Cola’s mission focuses on consistently transforming its product line to stay in step with the demands of its consumers, a challenge the company has successfully achieved for the past 129 years. We can see this dynamic drive clearly stated in the company’s mission statement, a three-pronged goal: -To refresh the world… ...
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...investigation in the problem statement within the first few sentences of the work, usually within the introduction, in order to engage the reader "A well-written problem statement will have an opening sentence or phrase that stimulates interest as well as conveys an issue to which a broad readership can relate" (McCaslin & Wilson, 2003). The problem statement should include not only the topic that originally prompted the research, but it should also state the reasons that lead to formulating new questions about the identified dilemma (Polit & Beck, 2010, p. 151). The researcher’s interest is also reflected in the issue under inquiry within the context of qualitative research. There has to be a rational need for investigation, a valid reason behind the questioning, and a degree of reliability for the source of motivation or need, as explained by McCaslin &Wilson (2003) "Your objective, your reason for conducting your study, derives from some issue of importance to you that can be substantiated through a body of evidence from the literature. Once you recognize what that issue is, you have a rudimentary problem statement" (p. 451). The problem statement should be critiqued based on completeness of presentation with all the necessary elements: (Polit and Beck, 2010, pp. 150, 152) The problem should be easily identifiable and should be scrutinized under the elements of identifying the nature of the problem, context or background, the dimensions of the problem should be given...
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...CertPrs8/OCA/OCP Java SE 7 Programmer I & II Study Guide (Exams 1Z0-803 & 1Z0-804)/Sierra/177200-6/FM CONTENTS AT A GLANCE Part I OCA and OCP 1 Declarations and Access Control .............................. 3 2 Object Orientation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83 3 Assignments 4 Operators 5 Working with Strings, Arrays, and ArrayLists .................... 257 6 Flow Control and Exceptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 307 .............................................. 165 ................................................ 223 Part II OCP 7 Assertions and Java 7 Exceptions ............................. 377 8 String Processing, Data Formatting, Resource Bundles . . . . . . . . . . . . . . 417 9 I/O and NIO 477 10 Advanced OO and Design Patterns 11 Generics and Collections .............................................. ............................ 541 .................................... 573 12 Inner Classes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 681 13 Threads 713 14 Concurrency 15 JDBC A About the CD Index .................................................. .............................................. 785 ................................................... 841 .....
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...Creating Data Sets 1. You have a text file called scores.txt containing information on gender (M or F) and four test scores (English, history, math, and science). Each data value is separated from the others by one or more blanks. a. Write a DATA step to read in these values. Choose your own variable names. Be sure that the value for Gender is stored in 1 byte and that the four test scores are numeric. b. Include an assignment statement computing the average of the four test scores. c. Write the appropriate PROC PRINT statements to list the contents of this data set. 2. You are given a CSV file called political.csv containing state, political party, and age. a. Write a SAS program to create a temporary SAS data set called Vote. Use the variable names State, Party, and Age. Age should be stored as a numeric variable; State and Party should be stored as character variables. b. Include a procedure to list the observations in this data set. c. Include a procedure to compute frequencies for Party. 3. You are given a text file where dollar signs were used as delimiters. To indicate missing values, two dollars signs were entered. Values in this file represent last name, employee number, and annual salary. d. Using this data file as input, create a temporary SAS data set called Company with the variables LastName (character), EmpNo (character), and Salary (numeric). e. Write the appropriate PROC PRINT statements to...
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