...important steps? What is left to do? 2. Can Ford’s turnaround plan be characterized as tactical or strategic controls, and why? How are the actions and decisions of lower-level managers likely to be influenced by the plan? 3. How does the amount of control used by Ford’s credit managers affect control and performance in other areas of the parent company? 4. Thinking in terms of focus of control and amount of control, what caused the problems at Ford in the first place? Is Ford’s management proceeding appropriately in their attempts to improve the situation? Why or why not? 1. Bill Ford basically utilized parts of the basic control process as a method by which to improve operations at Ford Motor Co., but hasn’t fully embraced each element to its fullest potential. The four elements of the control process are establishing standards, measuring performance, comparing performance against standards, and evaluating results. Ford established standards throughout the company’s operations to cut costs in order to address the losses Ford had been incurring. His top priority was to adjust his management team so that the company was run more vertically, from the top down. Fine-tuning production to raise quality levels is an example of Ford’s new standards. Ford did this by stopping production on four vehicle models in order to concentrate on simplifying the production process and improving quality. He standardized vehicle parts to minimize the amount of different parts ordered...
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...CHAPTER 12 Risk, Cost of Capital, and Capital Budgeting Multiple Choice Questions: I. DEFINITIONS WACC e 1. The weighted average of the firm’s costs of equity, preferred stock, and after tax debt is the: a. reward to risk ratio for the firm. b. expected capital gains yield for the stock. c. expected capital gains yield for the firm. d. portfolio beta for the firm. e. weighted average cost of capital (WACC). Difficulty level: Easy CAPM b 2. If the CAPM is used to estimate the cost of equity capital, the expected excess market return is equal to the: a. return on the stock minus the risk-free rate. b. difference between the return on the market and the risk-free rate. c. beta times the market risk premium. d. beta times the risk-free rate. e. market rate of return. Difficulty level: Easy CHARACTERISTIC LINE c 3. The best fit line of a pairwise plot of the returns of the security against the market index returns is called the: a. Security Market Line. b. Capital Market Line. c. characteristic line. d. risk line. e. None of the above. Difficulty level: Medium USE OF DEBT c 4. The use of debt is called: a. operating leverage. b. production leverage. c. financial leverage. d. total asset turnover risk. e. business risk. Difficulty level: Medium WEIGHTED...
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...have little or no influence over what is shipped to the store. In preparation for a meeting with Ken Claudel, Vice-President of Logistics and Supply Chain, identify the issues, look for alternatives on which to make recommendations and formulate an implementation plan. Specifically, you need to consider the following aspects: • The benefits of localization to the North West Company’s (NWC) suppliers and their customers. • The potential risks of localization to NWC’s suppliers, NWC and their customers. • An implementation plan that takes the necessary steps to capitalize on the benefits and minimize the risks. The challenge for NWC is to move to a supply chain strategy based on localization that involves the devolution of responsibilities from corporate headquarters to the store’s management. As such, consider the following aspects when forming your implementation plan: • Interorganizational information systems • Cycle time reduction strategies • Supply chain relationship development, and • Social responsibility issues Executive Summary Issues Identification Several key issues have been identified in North West’s current organizational supply chain. The first issue is the long lead times experienced for the purchase of general merchandise which is identified as all non-food items including but not exclusive to, home furnishings, apparel, and luggage. Although purchases from local and regional manufacturers have much shorter led times, the majority of merchandise is...
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...The North West Company Executive Summary: The North West Company is a leading retailer of food and everyday needs in rural Canada. They are currently using a “push” strategy with the category managers at headquarters analyzing trends, placing orders and allocating products to stores. Inspired by Giant Tiger’s pull system, North West management was considering giving store managers more control over their inventory ordering by moving to a “pull” replenishment strategy. Barry McLeod, Director of Procurement and Marketing, has been assigned with determining if this “Pull” strategy would be a better fit. In order to reduce the risk and capitalize on the benefits, North West should localize in the hands of Regional Retail Managers. This strategic change will be beneficial for North West as they would gain the required regional/store level knowledge while avoiding giving all the responsibility to local store managers and investing a large amount of dollars to support the pull system. Table of contents: Contents Issue(s) Identification 1 Environmental & Root Analysis: 2 Alternatives and/or Options: 3 Recommendation: 4 Implementation: 5 Monitor: 6 Issue(s) Identification The North West Company is experiencing inventory management problems with unsold inventory piling up as well as experiencing stock outs resulting in lost sales. They have not been able to increase their yearly inventory turns from 2.2, well short of industry averages....
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...of support that customers, colleagues and employers feel comfortable in. Having worked for companies that were strict about time keeping and loyalty, I take pride in myself as I have become a much more mature individual who is passionate about working. I do not thrive on being rewarded for doing a good job; having a job itself is rewarding enough. I enjoy working with customers and can build a rapport with them quite easily by greeting them with a smile and adjusting to their mind sets. Employment History First Source Solutions LTD Building 1, Springtown Business Park Northland Road, Londonderry, BT48 OGY 7/11/10 – 21/9/11 Customer Service Agent Sainsburys, Londonderry 25/11/12 – 5/1/13 Fresh food assistant 4rS Recycling Resource Centre Derry, Unit 23, Pennyburn Industrial Estate, Londonderry, County Londonderry, BT48 0LU 16/6/14 – 8/8/14 Business Administrator Sports Direct, 37 Borough Road, Grange Precinct, Birkenhead CH41 2XX 10/06/15 – Present Casual Sales Assistant Education Second Level Education St Joseph’s Boys School, Westway Derry BT48 9NX (2004 – 2010) Eight GCSE’s at grade C or above including maths and English. (29/8/09) Third Level Education North West Regional College Strand Road Derry BT48 7AL (2010 – 2012) Course Level 3 Diploma in Information Technology Result Pass/ Pass (26/6/2012) North West Regional College Strand Road Derry BT48 7AL (2012 – 2014) Course HNC in Computing Result...
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...I AM MALALA The Girl Who Stood Up for Education and was Shot by the Taliban Malala Yousafzai with Christina Lamb Weidenfeld & Nicolson LONDON To all the girls who have faced injustice and been silenced. Together we will be heard. Contents Cover Title Page Dedication Prologue: The Day my World Changed PART ONE: BEFORE THE TALIBAN 1 2 3 4 5 6 7 8 A Daughter Is Born My Father the Falcon Growing up in a School The Village Why I Don’t Wear Earrings and Pashtuns Don’t Say Thank You Children of the Rubbish Mountain The Mufti Who Tried to Close Our School The Autumn of the Earthquake PART TWO: THE VALLEY OF DEATH 9 10 11 12 13 14 15 Radio Mullah Toffees, Tennis Balls and the Buddhas of Swat The Clever Class The Bloody Square The Diary of Gul Makai A Funny Kind of Peace Leaving the Valley PART THREE: THREE BULLETS, THREE GIRLS 16 17 18 19 20 The Valley of Sorrows Praying to Be Tall The Woman and the Sea A Private Talibanisation Who is Malala? PART FOUR: BETWEEN LIFE AND DEATH 21 ‘God, I entrust her to you’ 22 Journey into the Unknown PART FIVE: A SECOND LIFE 23 ‘The Girl Shot in the Head, Birmingham’ 24 ‘They have snatched her smile’ Epilogue: One Child, One Teacher, One Book, One Pen . . . Glossary Acknowledgements Important Events in Pakistan and Swat A Note on the Malala Fund Picture Section Additional Credits and Thanks Copyright Prologue: The Day my World Changed I COME FROM a country which was created at midnight. When...
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...I AM MALALA The Girl Who Stood Up for Education and was Shot by the Taliban Malala Yousafzai with Christina Lamb Weidenfeld & Nicolson LONDON To all the girls who have faced injustice and been silenced. Together we will be heard. Contents Cover Title Page Dedication Prologue: The Day my World Changed PART ONE: BEFORE THE TALIBAN 1 2 3 4 5 6 7 8 A Daughter Is Born My Father the Falcon Growing up in a School The Village Why I Don’t Wear Earrings and Pashtuns Don’t Say Thank You Children of the Rubbish Mountain The Mufti Who Tried to Close Our School The Autumn of the Earthquake PART TWO: THE VALLEY OF DEATH 9 10 11 12 13 14 15 Radio Mullah Toffees, Tennis Balls and the Buddhas of Swat The Clever Class The Bloody Square The Diary of Gul Makai A Funny Kind of Peace Leaving the Valley PART THREE: THREE BULLETS, THREE GIRLS 16 17 18 19 20 The Valley of Sorrows Praying to Be Tall The Woman and the Sea A Private Talibanisation Who is Malala? PART FOUR: BETWEEN LIFE AND DEATH 21 ‘God, I entrust her to you’ 22 Journey into the Unknown PART FIVE: A SECOND LIFE 23 ‘The Girl Shot in the Head, Birmingham’ 24 ‘They have snatched her smile’ Epilogue: One Child, One Teacher, One Book, One Pen . . . Glossary Acknowledgements Important Events in Pakistan and Swat A Note on the Malala Fund Picture Section Additional Credits and Thanks Copyright Prologue: The Day my World Changed I COME FROM a country which was created at midnight. When...
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...Employment Conditions in the Conflicted Areas of Pakistan Employment conditions in the peaceful areas of Pakistan are not something to be proud of, how can these conditions be anything short of deplorable in the conflicted areas of Pakistan? Violent conflict and fragile governance present enormous challenges for development and security in areas like Sawat, NWFP and FATA. In such places where violence is widespread the government almost ceases to function, the pace of development falls dramatically and conditions can deteriorate to extreme levels. In these turbulent areas, governments tend to have very limited capacity and their authority is often challenged by armed non-state actors. Conflict-affected regions are usually home to disaffected minorities or marginalized populations that hold long-running grievances with the central government and political establishment. On the other hand conflict-affected areas present some of the most difficult challenges for delivery of aid, and there is a heightened risk that aid can favor groups on one side of the conflict or indirectly benefit armed actors, which can make the situation worse. Keeping all this in mind, the main motive which has been in these areas during conflicted times is how to get food and water for their family much less a stable job and a salary at the end of the month. These people focus on the need of safety, shelter and food, at times also arms and ammunition to protect themselves from adversaries. As these...
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...Malala has had some ups and down in her process for supporting and defending women's rights and education but in the end she has won she has defeated the taliban and she is happy and now she is happily supporting women's rights and raising awareness in other parts of the world and not only Pakistan. I don't think it is wise to go back to Pakistan even with the risk of she getting shot again. detail-ACE When Malala got shot is was a huge panic all over the world and I know if Malala returns to Pakistan people would be terrified and many people who are supporting her would be terrified if she gets shot again and actually gets killed. In the text it states “Some people say it is too dangerous for me to go back there now. That I’ll never be able...
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...“When the whole world is silent, even one voice becomes powerful.” Malala Yousafzai. Even though Malala was very young she stood up for what she believed in. She stood up for rights of education for the women in her country. Malala’s voice reached across the world! Malala Yousafzai was born on July 12, 1997 in Mingora, Pakistan and currently lives in Birmingham. At a very young age her country was taken over by the Taliban. Leaving no rights for women. Women could not go out the house and had to wear clothing that covered their face (burqas). While young girls couldn’t go to school and get education. This situation led Malala to where she is now. The idea of girls not getting education brought her to speak for others who could...
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...of her heart. Malala' campaign could be very controversial. She always seems to be taking sides between the Western world and the Eastern world. She wants to keep her Western audience without loosing her eastern audience and vice versa. According to Baig, "Malala has been used as a tool by the West. It allows countries like Britain to hide their sins in Afghanistan and Iraq. It allows journalists to report a feel good story whilst they neglect so many others, like the American drone strikes that terrorise men, women and children in Pakistan’s border regions." The people of the West want to seem like angels compared to the East, but in reality they aren't perfect. When a Western country does something they try to hide it and no one really talk about it. However, if an eastern country does something bad the westerners will criticize and talk about it. Malala is used almost as a cover up to all of this. This effects her campaign because she is no longer just the girl who is fighting for education. She is used as a coverup for all things the westerners have done. This makes it seem like she is a hypocrite but it isn't her fault. She is not purposely coverup for western countries the west is using her. Malala Yousafzai, the girl who got shot because she fought for her rights, is a huge activist in the world today. She fights for her rights and she will never give up. Not only do people from her country and religion admire Malala, but people all around the world with different ethnicities...
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...PARADISE BEYOND THE BEATEN TRACK Our family took a long-overdue vacation to the northern areas last June. It was a well-planned trip with members of four families getting together for a chill-out. We congregated at Islamabad and started on our “voyage of discovery” early the next morning. To allow all of us to enjoy to the full we had hired a coaster driven by a very seasoned young driver who is familiar with the area. Our route took us from Islamabad to Abbotabad to Mansehra to Balakot to Kaghan to Naran to Shogran to Lalezar to Nathiagali to Ayubia to Islamabad & back to Lahore. The trip from Islamabad to Abbotabad was quite good. A good place for a short stopover in Abbotabad for refreshments & freshening up is Lahore Chatkhara Restaurant where the food & snacks are quite good. The tea is exceptionally good. No trip is complete without a puncture or two. Our coaster had one near the restaurant here. So we lost about half an hour in the process of changing the tyres and repairing the punctured one. Mansehra is a sleepy little town; Balakot was very neat and well arranged before the earthquake. The recently planted tea bushes above the road created a very pleasing sight. Kaghan is another place worth spending a day in. Little restaurants line the road and tracks meander down to the silvery Kunhar River rushing past the town. We had piping hot Pakoras and tea on our way back, here. The light drizzle made them even more enjoyable. The huge walnut trees looked majestic...
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...As a teenager, it’s easy to feel lost, to get swallowed up into the mob mentality and lose your voice. We’ve all been victim to that; anyone who says that they haven’t is either lying or under the age of 13 years. So when a teenage girl undertakes such an incredible task of courage, one that adults cover in fear of doing, the event takes utmost significance. This is exactly what Malala Yousafzai, a huge inspiration to me and so many other girls did. Being only fourteen years old did not matter to Malala Yousafzai. In a short fourteen years she has won fame for fighting for peace, women’s rights and humanity. She won the National Peace award in Pakistan for all her efforts. In 2009- at only the age of 11- she fought Taliban insurgency that tried to take over her village of Swat. She wanted to set up her own political party which would campaign the right of young Pakistani girls to education. This girl- this heroine- was shot by a member of the Taliban, in the head and neck, and was in a critical condition. The Taliban called her work ‘obscenity’. I call it heroism. They tried to silence this girl forever- they tried, and are still trying, to silence the ideas of freedom, rights and equality forever. But they will not win this war, not while human beings like Malala breathe and fight. An army chief called Malala ‘an icon of courage and hope’. She’s more than that, she’s the dawn of a new generation, the leader of a revolution in which humanity and justice rules over the whole...
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...The city of Mingora in Pakistan was a tourist attraction before a group of terrorists terrorized the city and took over. Malala Yousafzai was one of the many women it had affected over the time of the take over. Malala liked to learn to read and write in school to help her with her daily life, and also liked to learn different subjects in school such as, Math and Science. When she found out she couldn’t attend school, it devastated her. So she took a stand for her village, country, and almost all women without an education with her voice and fund (Malala Fund). The purpose of this paper is to learn more about education rights and women’s rights in Pakistan, and how one girl took a stand for her village that didn’t have a voice to stand up for themselves against the Taliban. Malala Yousafzai was born on July 12, 1997 in Mingora, Swat Valley, Pakistan. She lived with her family, 2 younger brothers, her mother and her father. She was educated in an all girls’ high school and college, which her Father (Ziauddin Yousafzai) had founded in the city of Mingora and was called Khushal Girls High School and College. Since males were allowed to be educated and females were not allowed, her mother was the only member of her family who wasn’t educated because she was a young girl in the years women weren’t allowed to be educated, and instead had to care for her family in her household. While Malala was being educated in Pakistan, the Taliban were terrorizing the village of Swat Valley, Pakistan...
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...Malala The Powerful Do you know who won the nobel peace prize and a grammy at the age of 19? I did not think you would know who. Here is the story of a little girl named Malala Yousafzai.Malala was a little girl that went to school where her father worked in swat valley.The taliban one day came and shot malala close to her left eye. Malala’s dad had almost shut down the school because of the taliban directing them to close all girl schools.Malala and some of her friends still went but the students percentages went down a lot.Then malala had tried to stand up to the taliban and tell them what they were doing was wrong.Malala was not going to let anyone stand up and try and beat her but it would never work she wanted girls to be able to go...
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