...MGT 496 WEEK 1 QUIZ To purchase this visit following link: http://www.activitymode.com/product/mgt-496-week-1-quiz/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 496 WEEK 1 QUIZ MGT 496 Week 1 Quiz 1.Question : Which of the following is NOT an example of independent demand? Question 2. Economic order quantity (E.O.Q.) is a balance of ____________ and __________. Question 3. Which of the following statements are true about independent or random demand? Question 4. The supply chain does not need an order to operate. Question 5. Which of the following is a technique to reduce demand lead time variability (L.T.V.)? Question 6. The relationship between cost and service is always a straight line. MGT 496 WEEK 1 QUIZ To purchase this visit following link: http://www.activitymode.com/product/mgt-496-week-1-quiz/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 496 WEEK 1 QUIZ MGT 496 Week 1 Quiz 1.Question : Which of the following is NOT an example of independent demand? Question 2. Economic order quantity (E.O.Q.) is a balance of ____________ and __________. Question 3. Which of the following statements are true about independent or random demand? Question 4. The supply chain does not need an order to operate. Question 5. Which of the following is a technique to reduce demand lead time variability (L.T.V.)? Question 6. The relationship between cost and service is always a straight line. MGT 496 WEEK 1 QUIZ To purchase this visit following link: ...
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...Decision-Making Process Paper MGT/230 Decision-Making Process Paper Important decisions are made daily within my life that will ultimately affect my future. Lifelong challenges which include career path choices, personal wellbeing, and lifetime goals are constantly evaluated; seeking to achieve a greater result. The ideal decision-making process as described in (Management: Leading & Collaborating in a Competitive World) Bateman and Snell (2011) includes six stages: * Identify and diagnose the problem * Generate alternative decisions * Evaluate alternatives * Making the choice * Implementing the decision * Evaluating the decision I use this method to make decisions and evaluate all possibilities before implementing the idea into an action. When I decided to go back to school, I had the option to continue with my last employer to change for a lighter workload while attending. I did not want to limit myself to my previous hourly wage and position. I look at all alternatives before deciding to focus on school and obtaining my real estate license to establish another source of income. Implementing decisions are challenging in the sense that you may face opposition towards changes. (Decisions are likely to attract varying degrees of opposition, ranging from mild dissent to outright resistance.) ("Laynetworks", n.d) Once an idea is implemented into my daily life, I constantly evaluate my situation to determine if my actions are leading to my overall...
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...Functions of Management Functions of Management Quite a few companies in the world today use an historical secret from the Chinese on the essentials of management from C level executives to the very basic levels of management. These essentials are based on four functions of management: planning, organizing, leading, and controlling. There is a variety of responsibilities and actions associated to each task of management, and fluctuate depending on precise structure when practicing management. The four main tasks of management are as important as they ever were, and still present the fundamentals needed in any corporation, small business, or government entity (Bateman & Snell, 2009). Planning is the basis of management that the other three functions are built on. Managers utilize the planning function to plan for the future, and so they are able to foresee issues by deciding on what events to stay away from. Consequently, planning effectively can be the differentiating factor of an unsuccessful and a successful manager. An effective manager needs to take consistent steps when planning, and keep in mind the organizational goals that need to be achieved. For the military, it is the responsibility of each commanding officer at every level to plan a soldier’s redeployment and deployment. The commanding officers main objective is to making sure all soldiers that were deployed with them, make it home to their families safely. The commanding officer evaluates the mission...
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...Negotiations MGT/445 September 14, 2011 Koshy Joseph-Vaidyan Negotiations In my past I learned quickly how to become a productive sales person in the retail industry; I had numerous opportunities to negotiate with people. That was the main focus of my duties. This does not include the price of the garments, because I was not the store owner. I did however; negotiate with the amount of articles I could convince the customer to buy. This particular act was known as called up-sailing and was taught as a working skill at The Men’s Wearhouse. This paper will describe the first opportunity I had to make a sell to a client and to do so without the training provided by the company. The Men’s Wearhouse is known throughout the United States to be a very successful men’s clothing store. “How do you build a company around customers who hate buying what you sell? By building a company that reinvents the shopping experience. "Most business practices repress our natural tendency to have fun and to socialize," Zimmer says. "The idea seems to be that in order to succeed, you have to suffer. But I believe that you do your best work when you are feeling enthusiastic about things. Our business is based on faith in the value of human potential,” (Ransdale 1998). The Men’s Wearhouse offers an extensive training University in California that provides an extensive course on how to hear your client to find their needs and wants, grab their attention, and push...
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...Decision Making Process Ashley Lopez MGT 230 University of Phoenix September 26th, 2013 The decision making process used by the student is one which focuses on the pros and cons of the decision needed to be made and potential consequences of the decision whether they are positive or negative. When purchasing a new vehicle the student had to base her decision on the financial obligations it would take in order to be able to afford the new car and whether or not it would take from other financial obligations she already had. The first process in the student’s decision making process was to identify the pros and cons of purchasing a new car. the pros were that the student would have better and more reliable transportation than her current vehicle, the costs of repairing her current vehicle would decrease to none because the vehicle would be new and the potential for the vehicle to break was slim to none, the new vehicle would have more space and a warranty as well. The cons of purchasing a new vehicle for the student was that the new vehicle’s payments would be more than her current vehicle which meant less money for luxury items and the increase in cost of insurance for the new vehicle. The pros clearly outweighed the cons in this matter. The second step was to determine which vehicle would be most suitable for the student and hr child. Once the student chose the vehicle she wanted, she then searched the area for the best deal, although not sacrificing quality for price...
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...Functions of management MGT/230 Week 1 Functions of management Management, or the successful operation of a business or organization, can be simply described as the implementation of processes and procedures in order to solve problems in a productive and resourceful manner. This process can be carried out by means of what are commonly designated as the utilities or functions of management. The four common functions are: planning, organizing, leading and controlling which have the projected outcome of making use of any businesses available assets and resources in such a way that its mission statement and goals can be acceptably accomplished. The first and possibly most important step of managing an organization or business is the planning step. This function of management involves predicting the potential course the organization will be directed toward in upcoming months and years and coordinating specific routes that need to be followed in order to reach the businesses full potential. Planning is a methodical activity that establishes who will carry out a specific job, when that job or task needs to be performed and the manner in which it should be carried out. The planning phase of business management is a comprehensive program that concerns impending plans for specific actions. “Planning is concerned with the future impact of today's decisions. It is the fundamental function of management from which the other four stem. The need for planning is often apparent after...
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...• What is the new strategic role of human resources (HR)? How does this role affect you in your current position? Is this effect positive or negative? Why VARIANT 1 The role of human resources is a large responsibility to take on. It not only involves the hiring, training and evaluation of employees but takes entire control of the human capital within an organization. Human resources has all the responsibility to monitor the basic operations of a company. From design of work to recruiting all the way to working with supervisors and supporting the organizations strategy. Ensuring that the Human Resource department is critical yet ethical can help a business become a success. At my place of work, it is so small that we do not have a human resources department. The President of the company oversees all the responsibilities of the company. I believe that putting in a human resources department would help even the owners of the company stay honest and ethical in the decisions that are being made throughout the company. Is Human Resources positive or negative? If a human resource representative holds all the attributes of human relations, decision-making, leadership and technical skills then he or she would be a great benefit to a company. They would be able to oversee if any wrong-doing is going on in the organization and stop it immediately. Also, the human resource representative can ensure that all the recruits to the company are well qualified and trained to ensure...
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...MGT 434 Week 1 DQ 2 To Buy This material Click below link http://www.uoptutors.com/MGT-434/MGT-434-Week–DQ-2 You are the office manager of a small sales company. There are formally three employees with the company: the owner, the receptionist and you. The company hires part time sales reps who sign a contract stating that they are independent contractors. They are supposed to go door to door and make prepared sales pitches for people to purchase the product. There are required to obtain signatures to contracts and to drop of the contracts with initial deposits at the company’s office each Monday. Twice a month they meet at the local Starbucks to discuss sales, new product lines and other issues with the owner and the other sales reps. You get a letter and a telephone call from your State Department of Labor, wanting to examine the employee and sales rep files on the various individuals The owner has gone away to whale watch off the New England Coast and has told you not to call him, even in an emergency. You try to call him but you cannot reach him. How do you handle the issue of the audit and what do you say about the sales reps? On the same day as the audit is occurring, one of the sales reps calls you on his cell phone to report that he cannot make the weekly sales meeting and to give you his sales figures. As he is doing such, he hits a person crossing the street. Several weeks alter, he tells you that he has the lowest amount of car insurance and wants to know whether...
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...Discussion Questions 1 & 2 The Ron Jon Surf Shop is similar to the Hilo Hattie website is the sense that they both sale beach wear for men, women, and young children. They both are sunny beach wear type online stores to sale retail as well as other products. The web designs are similar in the sense that they use individuals who are happy and joyful to help sale product. They are different because Hilo Hattie is focused around Hawaiian products and clothing styles, whereas Ron Don Surf Shop not only sales clothes but surfing gear and attire. You can see organizational planning with in the Ron Job Surf Shop through out there website when you go to the “about us” section. It clearly shows that the goals of the company are (to sell clothes and surf products). It tells shoppers they not only do the company sale clothes but that they promote their products through community events, tour groups, and company partners. The site is very well organized so the customers can find which products they are looking for easily and within categories that make the search process much faster. When it comes to staffing you can see the managers have made it so customers can contact their customer service reps if any problem occurs to try and help solve them. This all shows a good control within the contents of the web page but also the company. Within the Hilo Hattie web page we see they sale clothing and product specific to Hawaiian culture and living. The organization planning is clearly...
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...MGT 434 Week 3 DQ 1 To Buy This material Click below link http://www.uoptutors.com/MGT-434/MGT-434-Week-3-DQ-1 You are the Personnel Manager for a company that is a clothing manufacturer. It employees 70 people nationwide. One of your primary customers is the United States Army. One day, your receptionist, who is Lebanese American, comes to you. She is the first person that anyone coming into the office encounters. She advises you that she has rediscovered her Moslem heritage and has decided to practice her faith in an open manner. She tells you that, among the dictates of the Moslem religion, is that she pray, facing Mecca in the East, five times per day. She also will be eating according to a halal diet. She also has decided that she must done the veil, as only her family and husband can see her face and her hair. She asks that she be allowed the usage of an empty conference room during the day so that she can say her prayers in private. When word of this filters out as office gossip, a group of employees, who are Christian, come to you and tell you that they are going to have a Bible study/prayer group in the lunch/break room each day at Noon. They note, in passing, that one of their prayers will be for the conversion of pagans. How do you resolve the employees’ requests? For more Assignments visit:...
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...My definition of management is using information and knowledge to analyze, plan in advance, choose necessary actions, organize resources, and lead and stimulate people to achieve desired outcomes. In addition, effective management means controlling, monitoring, and making necessary adjustments and changes to meet organizational goals for the desired end results. Management is necessary to provide direction and guidance to meet specific goals. Management plans specific goals in advance, organize through coordinating the human, financial, physical, informational, and other resources needed to achieve the goals. Once resources are organized, it is necessary for management to lead, stimulate, and communicate the information effectively to the people in the organization to work toward achieving the goals. Management also monitors performance, learning what is working or not, and making necessary and timely adjustments to result in outcomes that are consistent with the organization’s goals. Management is necessary to lie out specific goals so the organization and those in it understand goals, expectations, and where the company is headed. Historically, management in organizations used the trial and error method to manage. If it worked, they continued to use the method previously used. If the method did not work, they would try something else, but generally stayed with the same or similar approaches used in the past. The approach has evolved from an organization with an unapproachable...
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...MGT 434 Week 4 DQ 1 To Buy This material Click below link http://www.uoptutors.com/MGT-434/MGT-434-Week-4-DQ-1 You have just been appointed Vice President of Internal Operations for a privately held corporation. Your Director of Human Resources immediately advises you that employees have used the company’s Internet site to download pirated music, videos and software. You are well aware that all of such activities are criminal in violation of the copyright laws. However, the company does not have a formal policy on Internet use. Things become further complicated, when you also receive a Cease and Desist Letter from Adobe, informing you that it has discovered that some of its products have been pirated and have been used by various employees. It asks for the names of all employees, who have used the pirated software in order to prosecute them for criminal copyright infringement. The Director of Human Resources also informs you that, in dealing with the Adobe problem, IT has also determined that a few employees were accessing pornographic web sites, including those showing child pornography? To add insult to injury, the Office Manager has also informed you that there is a constant drain on office supplies, especially just before school opens in the fall and in late January. You realize that prior management has let things run amok and that is one reason why you have been hired? What should be the company’s response? Please use legal support to sustain your analysis. For...
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...Strategic Management Process Strategic management is defined as “a set of managerial decisions and actions that determines the long-run performance of a corporation” (Wheelen & Hunger, 2010, p. 5). Strategic management helps companies gain a comparative advantage over the competition. As competition increases from global expansion, companies are more interested in strategic management to remain competitive. The following paper will discuss the components of strategic management, and how Central Transport uses strategic management to remain viable in a volatile business market. Strategic Management Components Strategic management consists of four components. These components include environmental scanning, strategy formulation, strategy implementation, and evaluation and control (Wheelen & Hunger, 2010). Environmental Scanning Environmental scanning is “monitoring, evaluating, and disseminating of information from the external and internal environments to key people within the corporation” (Wheelen & Hunger, 2010, p. 16). This component is used to identify factors that will determine the corporation’s future (Wheelen & Hunger, 2010). SWOT analysis is the most common way firms identify strategic factors (Wheelen & Hunger, 2010). Strategy Formulation The second component of strategic management is strategy formulation. Strategy formulation is “the development of long-range plans for the effective management of environmental opportunities and threats...
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...Decision-Making Process Paper Jovon Roberson MGT/230 December 17, 2012 Juan Mobley Decision-Making Process Paper My name is Jovon Roberson, I will be discussing my decision making process. I will try to supply research supporting my ideas. The paper will describe some steps of my process. I will compare some similarity to the text, and explain how some of the steps might be different. Most decisions people make in their life time will definitely be easy and some maybe very difficult. I truly believe that each individual is in control of their own destiny and in complete control of the decisions they have to make in their life time. My decision to start school was clearly decided right after I was terminated from my job. I was ill at the time and desperately needed to file for the family medical leave of absence so my job would not be in jeopardy, but that was a total loss. Once terminated I clearly had to make some important decisions about the future of my son and I, while thinking long and hard about how I was going to make ends meet. I had a discussion with one of my best friends and I came to the grips that I needed more than what I was getting and this really was my only option going to school. My steps are somewhat different from the ones in the text, but it is clear they there were important steps to take while making my decision to go back to school and I really believe it was one of the best decision I could have made. My decisions would have been different...
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...What is poor quality? What are some effects of poor quality? How do the effects of poor quality affect an organization? Poor quality is when the customer's expectations are not met. Per our reading material, this applies to products, services, people, processes, and environments (Goetsch, and Davis, 2010 p5). Quality itself is a moving target, this is apparent with a lot of the technology I work with as an example. A top of the line personal computer three years can't compete in terms of quality, performance, and features of one I could buy today. Poor quality impacts the ability of a company to compete. Poor quality drives up costs, both traditional and hidden costs. Traditional costs fall under the category of waste and customer returns for example. Hidden costs include categories like overtime, and handling customer complaints. An organization that has competition and that does not maintain quality, will lose the ability to compete. Here is kind of an odd example. We live in a tourist town of about 8,000 people. During the summer it swells to about 65,000 people. There is a restaurant that has poor service, the staff is not very friendly at all. There is such a large pool of people who need to come in and eat, and then they leave and new tourists come in like a revolving door. So, they have all the customers they can handle and they do not care about repeat business. So, they don't see a significant impact of poor quality - maybe on tips for the wait staff. If...
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