...Executive Summary I have been given the task to develop a collaborative procurement process for the post-secondary education partners in Newfoundland and Labrador. The mandate from the Ministry of Education is to develop a process in which cost savings and cost avoidance can be achieved through the collaboration of purchasing from Memorial University and College of the North Atlantic. My recommendation would be to utilize the Joint Tendering method to acquire and execute contracts for Goods and Services Purchases. The Shared Administrative Model will also be utilized to ensure that both Public Institutions are actively involved and that responsibilities can be equally shared. A key factor to the success of this implementation would be to have Senior level Staff dedicated to the Collaborative group and the full support of all trustees and yourself, the Ministry of Education. This team should also be under the guidance and leadership of the Supply Chain Manager. Following the execution of the process, monthly and quarterly meetings will be held to go over key issues, capture lessons learned, develop a policy and procedure to standardize the process, discuss strategic plan for future plans and also take the opportunity to recognize the efforts made by the collaborative group. Key Performance Indicators (KPI) have also been identified and setup to determine the level of success of this pilot. Contents Executive Summary 1 Issue Identification: 2 Environmental & Root...
Words: 1012 - Pages: 5
...CheckPoint: Incentive Plans Peggy Harrington HRM/240 J. Scott Lodge March 8, 2012 Axia College CheckPoint: Incentive Plans Companies utilize various incentive plans to acquire the best and most skilled employees. The incentive plans can be broken down into individual incentive plans and group incentive plans. Below are a few of the pros and cons for each type. Individual Incentive(s) Piecework Pros - Individuals receive a certain rate for each unit produced Computing rate of pay is simple Labor costs are more accurately predicted Cons - Not an effective motivator Quality may be lacking Standard Hour Plan Pros - Based on “standard time” for job completion, even if completed in less time Best for non-repetitive tasks and requiring varied skills Cons - Quality can suffer due to employees not taking enough time to do the job properly High equipment maintenance due to employees not exercising proper care of the equipment Bonuses/Spot Bonuses Pros - Not part of base pay Typically given at end of year Useful as a retention and motivational tool Cons - Hard to predict labor costs Employees may come to expect the bonus Merit Pay Pros - Based on performance Can be a motivator if increase is large enough Cons - May be perpetuated even if performance declines Employees see it as an entitlement ...
Words: 441 - Pages: 2
...a. I think women are better listeners than men. PRO | CON | Women show to a greater extent in emotions | Could be just pretending to listen | Women naturally use reflective language | They talk way too much about one thing | Women care and are really interested in conversations | Can be annoying with certain topics | They give advice from their own experiences | They can push a subject down your throat | They give a women’s perspective on certain things | May be crying or loud speaking | b. capital punishment is no deterrent to crime. PRO | CON | Morality | Cost of death vs life in prison | Constitutionality | Race | Deterrence | Income level | Retribution | Attorney Quality | Irrevocable Mistakes | Physicians at execution | c. “Hard” sciences such as math are more difficult than “soft” sciences such as sociology. PRO | CON | More prepared for life situations | Economics | Larger expand of knowledge | Political Science | Being accurate | Chemistry | Computing sciences | Less job opportunities because of less knowledge | Physics | Biology | d. The production and sale of cigarettes must be outlawed for the health of the American public. PRO | CON | Change magnitude smokers because it is outlawed | Finding alternate bad habits | Chemicals found in cigarettes | States loses money on cigarette sales | Stop underage smokers | Have yellow tone on your skin, fingernails and teeth. | Decreased number of smokers | Your lunges bequeath...
Words: 722 - Pages: 3
...6 Assumptions & Missing Information 6 Problem Statement 7 Development & Evaluation of Alternatives 7 Alternatives 7 Alternative One: Build an e-Commerce platform 7 Pros 8 Cons 8 Alternative Two: Strategic Partnership with NSM 9 Pros 10 Cons 10 Alternative Three: e-Textbook Options 11 Pros 12 Cons 12 Alternative Four: Client Focused Strategy 12 Pros 13 Cons 13 Alternatives Matrix 14 Index 14 Conclusion 15 Solution Objectives 15 Recommendation 15 Build an e-Commerce platform 15 Strategic Partnership with NSM 16 Client-focused strategy 16 References 18 Introduction Dag Juul Moller is the owner and president of Juul Moller Bokhandel, a bookstore located in Norway. Dag speaks to Dagfinn Nettland, a master of management student at the Norwegian School of Management. Dagfinn was enrolled in a course that required students to take an existing company and analyze how it could use the internet as a sales channel and source of information. Dag was interested in the fact that the required textbooks weren’t available until several weeks into the course. Some students purchased their books using Amazon.com, others resorted to using other bookstore websites. Some students had purchased other products through the internet with minimal savings due to the costs associated with customs and sales tax. Although Dagfinn wanted to continue working with Juul Moller, he was concerned that some students would stop buying from Juul Moller and use the...
Words: 3685 - Pages: 15
...Lindsay Hartman Lynn McClelland ENG 101 29 February 2016 Online vs. Traditional Education During the final year of high school, the pressure of going to college is at its peak. Drilling into our heads that, college is the best route to go after high school if we want to have a “bright” future. No doubt majority of students go to college directly after, but some end up waiting to go later on. Fortunately, there are other options available today for those who had to wait to go. Online schooling, the ability to get a higher education online, without the traditional classroom setting. Now the burning question, just how much better is online learning anyway? There are many factors in determining whether the online route or the traditional way is better. Things like the cost of education, the academic performance of students, or the environment you wish to learn. Let’s dig a bit deeper to find out just what the facts will prove! The thing today that most people think about before making their decision about which way to go, is the environment that would best suite their current life situations. For instance, “students who freely choose online classes may have different characteristics, like they may be older, or have children, or are employed full time” (Dr. Stack 2015 Learning outcomes in an online vs traditional course pa.9). It is this flexibility that makes it possible for people with these characteristics to get a higher education. Just think about it, if you...
Words: 528 - Pages: 3
...The cost of education This house believes that individuals, not the state, should pay for higher education. Pro: Alison Wolf Ms. Wolf feels that individuals should pay for higher education. The economic benefits of paying for an education far outweigh the cons. Graduates make more money than non-graduates. College degrees can open doors of opportunities for people. Most of the people that attend a university are middle class and at this point it has become a birthright to go to college. “Developed countries are struggling, with little success, to narrow the income gap between their most and least advantaged citizens. In that situation, should ordinary people also be paying, through their taxes, for the university education of the affluent young? Because that is what is actually involved when we say that the state should pay for higher education.” stated Wolf. As referenced earlier, having a degree is of value to people; and the reason for it being so valuable is that not everyone has one. Just like anything in life, when one is paying for something they normally take it more serious. So when students have to pay the high prices to attend university, they are most likely going to work harder. Con: Anders Flodstrom Mr. Flodstrom feels that the state should pay for higher education. A nation should stand united and with that one of the most important qualities of a nation is “intellectual capital or its composed knowledge” (Flodstrom, 2008). Education is not cheap and actually...
Words: 618 - Pages: 3
...an accountant there are still many fields on could go into. As account you are not stuck with helping people with their taxes. There are some pros and cons in becoming an accountant. If one choses to become an accountant one could make good money. As you graduate college you will have to choose some type of path. Like I said there are many jobs one could do once you get that pesky degree in accounting. As Hallinston (2013) states in his article one could become a CPA. A CPA is a Certified Public Accountant and they do the broadest of jobs. Some things of those include bookkeeping, managing your client’s finances, preparing taxes and auditing financial statements. With that your clients could be individuals, companies, corporations, governments and non-profit organizations. (Hallinston 2013). Another job you could chose is Management accountant. Now with this you would be recording and analyzing the financial information of a company (Hallinston 2013). As this type of accountant you would prepare budgets and taxes, evaluate performance, and perform cost accounting and asset management. Also you may have to prepare financial reports for shareholders, creditors, tax authorities and regulatory bodies. So I guess you could say this field of accounting is a bit narrower (Hallinston 2013). Another major job you can do after graduating college and getting certified as a...
Words: 914 - Pages: 4
...Should the government raise minimum wage One of the biggest debate is whether or not should the government raise minimum wages. Individuals who is living on a minimum wage will find it a bit difficult. They may be struggling to pay their bills, providing food on the table, and clothing themselves. I suppose it is unfair to the hard- working individuals. Minimum wage needs to be raised so people would be able to afford things. There will be more opportunities for jobs if minimum wages increased. If the people who make minimum wage spend more, then businesses will earned more and will be in the need to hire more employees. The only problem is the surplus of workers because than many employers would want to get paid more. There...
Words: 372 - Pages: 2
...of the law, delivery system improvements, health insurance coverage and cost containment. Though many may disagree with the “right” solution when it comes to Obama care, it is commonly agreed that there is a fundamental problem with the current healthcare system: nearly 50 million people in this nation are without insurance and those who are covered face high premiums with plans that do not cover the services they need. This current system is inefficient and therefore is poor quality and creates high cost. The ultimate goal of the legislation was to extend both private and public coverage to about 32 million people who were uninsured; to improve access to quality coverage for the uninsured; to improve how affordable coverage would be; and to ultimately reduce the overall growth in health care costs. Now for the pros and cons of this law, this was passed on June 29 2012. The pros of this law are that Patients with pre-existing conditions cannot be denied coverage by insurance companies, and companies can no longer drop someone once they get sick. This also means that if an insurance company denies someone coverage, that person can go to an external appeals process. “If the law is upheld, argued Verilli, “people with chronic conditions . . . will be unshackled from the disabilities that those diseases put on them and have the opportunity to enjoy the blessings of liberty.” (Huffman 2012) It is also cost effective; the number of bankruptcies caused by health-related...
Words: 756 - Pages: 4
...and facility usage, where the location in University of Akron we will put the facility in, what the facility will offer, who will be managing the program of the facility, and who will be the architecture to construct the facility. We will also demonstrate the pros and cons of each of the focus areas. The budget for the softball fields as well as the multi-purpose fields are as follows. For general construction costs, $500,000 will be allocated to finish the projects construction. Some specific costs will be the purchasing of the soccer and lacrosse goals that can be added and removed from the field which will be $2,000. Another specific cost will be the fencing around the softball fields which will be around $1,000. Costs for keeping up the inventory of the concession stands will be around $12,000 per year. The costs to keep the inventory stocked for the sports-wear store inside the softball fields will be around $50,000, selling things such as T-Shirts and Hoodies, along with many other types of sports apparel. The cost of utilities will be around $180,000 per year. Some specific utility costs are electric which will be about 150,000 per year and water, which will be around $25,000 per year. General maintenance costs will be about $100,000. Some things that will need up-keep are the replacing of the light bulbs for the field lights which will run at about $3,000 to replace them when needed. General custodial supplies will be about $6,000 and the equipment maintenance will...
Words: 1758 - Pages: 8
...process for Department of Education NL, there are three key elements involved: extending the use of agreements based on whole-life costing; progressively reducing transaction and process costs, and the provision of more qualitative added-value service. The concept advances Cooperative purchasing from a reaction to outside forces or top-down pressures, to a supply methodology congruent with an overall business strategy. Based on a detailed research and analysis, we have come to a conclusion that forming a strategic coalition with ISI (Interuniversity Service Inc), a not for profit organization that is currently responsible for all Education related procurement for Atlantic Canadian provinces except NL will solve the major issues discussed above and will provide more value to NL’s educational structure and at the same time will reduce overall operational and overhead costs. ISI provides strategic sourcing approach towards procurement by operating based on Total Cost of Ownership model and by bulk commodity and services purchasing provides Total Landed cost strategy to the business. Being a not for profit organization, their True north is to serve the community and creating a better Educational structure in Atlantic Canada. They have demonstrated their ability to add value, reduce cost and therefore providing excellent services within a specified budget to all the other provinces in Atlantic Canada, which has proven...
Words: 1458 - Pages: 6
...2016 College: Is It Really Worth It? The American Collegiate System has various pros and cons that many young adults in America have come to either admire or despise. One of the main controversial focus points within this system is the cost and quality of education within American systems. America has been known to have the most expensive collegiate system when compared to any other system around the world. Although many individuals believe that a college education is a prerequisite for being able to receive financial stability and health, is it really worth the thousands of dollars worth of debt an years worth of time? In America, there are countless job possibilities that are available to accommodate every individual’s interests. Although there may be numerous jobs available for everyone, there are costly consequences. In today’s modern workforce, the majority of jobs require individuals to obtain a degree, that relates to the job, to ensure they are educated and aware of the specific requirements that the job entails. According to an article written by Alicia C. Shepard, “College is no longer a prestigious milestone, but a consumer product”. Shepard stated that many college students are not attending college to learn, but are there in hopes to receive “their money’s worth” of high GPAs and test scores to help them achieve their desired degree (“College Education”). The Huffington Post states that the majority of young adults are taught to believe that a college education...
Words: 1706 - Pages: 7
...is the encouragement of increased representation of women and minority group members, in employment. It has been commonly referred to as a positive discrimination policy or program designed to counter discrimination against minority groups and women in areas such as employment and education (dictionary.com). “Pro” position There are several reasons to justify Affirmative Action. It was developed to assist society’s less-advantaged members by promoting affirmative action policies is to remedy the effects of past discrimination. Along with the use of the Affirmative Action policy there is the recognition that wrongs have been committed in the past and acknowledgment that there is a moral obligation to set things right (pros and cons). African Americans are not the only, or even the main beneficiaries of affirmative action. There are a wide range of groups that have benefited from Affirmative Action. Some of the groups include women, Native Americans, Arab Americans, Latino/as, Asian Americans, and African Americans. According to the United States Department of Labor, it found that white women are the primary beneficiaries of affirmative action (aapf.org). “Con” position The opposing view point states that it is reverse discrimination. Those opposed of affirmative action do not contest the moral obligation to remediate past harm. Their objection lies with the remedial policies is frequently centered on the claim that specific affirmative action policies does not help those...
Words: 1603 - Pages: 7
...METABICAL CASE STUDY REPORT INTRODUCTION Excess weight had become a big crisis in the US, affecting about 65% of the adult population leading to different kinds of health complications. In the past, several manufacturers had introduced various weight loss products like over-the-counter (OTC) drugs, herbal products, supplementary fad diets, etc. All of these have proven to be unsuccessful because of their ineffectiveness, severe side effects and lack of credibility among consumers. At this juncture, Barbara Printup, the Senior Marketing Director of Cambridge Sciences Pharmaceuticals (CSP) wants to introduce CSP’s newest revolutionary prescription drug, Metabical. It is the only FDA approved prescription drug for overweight people, which has minimal side effects and long term benefits. PURCHASING DECISION MAKING PROCESS (Q1) The communication strategy of Metabical targets both the health care provider and the consumer. Depending on the initiators there are two different purchase decision processes in the purchase of Metabical for the overweight problem. 1. For Customer: a. Problem identification: The various health awareness programs, BMI table etc help a health conscious or beauty conscious individual to identify the overweight problem. b. Information search: Once the problem is identified the individual decides on the course of action. He/She may decide to either ignore the problem or work on it. Metabical is interested in the group of individuals who are ready to...
Words: 4420 - Pages: 18
...Chelsea Clough Professor Dingle English 13 December 2012 Commuting vs. Dorming The hardest decision a student has to make during their senior year of high school is which school to attend and whether to live on campus or commute. There are both advantages and disadvantages to both scenarios. The entire college experience is a learning trip and it is oftentimes a young adults first step towards independence. Living on campus is an adjustment and is a huge eye-opener to the real world. The college dorm life is considered to be part of the "full college experience," but the costs of living in a residence hall can persuade students to remain home while they are in college in order to avoid housing fees. The biggest advantage of living on campus is that it gives you a chance to gain independence. Some students know they want to move out of the house but aren't quite sure they're ready to have their own apartments. Living on campus can provide an in-between step (Lyons 1). Students will still be living on their own and responsible for taking care of their living space, it just wont be as overwhelming as paying rent and everything else that comes with owning an apartment. Another great thing about living on campus is you are much closer to your classes so it will take much less time to get there. Being able to get to and from classes more quickly means students living on campus will also have more time to devote to getting their coursework done (Lyons 1). One main advantage...
Words: 2436 - Pages: 10
