...Business Name: Bettor Oddz | SMART Goal: Increase customer volume by 30% within a 3 month period | Criterion being Measured: Customer volume | Time Frame For Goal Completion: 3 months | Explain the system that you will create to track the success of this goal? | The marketing team is going to run TV ads and social media ads for the next 3 months as an attempt to beef up our overall customer count. Once the ads are ran, there will be updates that go out to employees weekly. The goal-setting theory is perfect for the metrics of this type system. Employees will be evaluated on different tiers (top, middle, and lower) and bonuses will be given according to the performance over the 3-month period. | Why is being reliable and completing this goal on time important to the business’ success? | As a business, the main goal is to generate profit and keep your employees happy. By generating more customers, it will generate more profit. With the new tier system being implemented, the employees are going to benefit along with the company by doing what would almost be a pay-per-performance type of scenario. | What adjustments will you make if you fall behind completing this goal? | My contingency plan will be to hold a monthly convention for potential customers and employees if I see that the primary plan is failing for a few weeks. The marketing team will closely watch stats and analytics of the scheme as time progresses and report directly to the General Manager daily. The...
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...A Moral Dilemma Mohammad J Atique Amberton University Facts: About couple of months ago, I was working in my store which is cellular phone store where we take payments and sell cellular phones. A customer walked in on a Sunday and was inebriated, he wanted to pay his bill. The customer bill was close to a hundred dollar. He gave me all twenty dollar bills, when I counted them they were six twenty dollar bills. Which were twenty more than his bill. I had a choice to return the twenty or keep it. If I would have kept it he wouldn’t have known. But I decided to give the money back to the customer, because my conscious wouldn’t allow me to keep the money. After the customer was gone I thought about it and I came to the conclusion that the twenty dollar I didn’t keep would not make me any richer or poorer than what I already was. Statement: Would the twenty dollar will make me richer or poorer. Solution: In this problem there are only two possible solution. A. Give the money back. B. Or you keep the money. On the first part when you give it back, you are dealing with a multitude of issues, starting with you ethical behavior, your upbringing, and your conscious. What I mean by this is when, I got the money I could have kept it but it would have been morally wrong of me to keep the money that didn’t belong to me. As a person I have always tried to do the right thing. And if I keep the money I would have been doing the wrong against all the principles that I have been...
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...Outline * Introduction * The implementation process * Evaluating marketing activities * Control of the marketing activities * Conclusion Introduction A business plan is the focal point to the successes of any business as it fully outlines business’s strategies and practices in the operation management. It is responsible for conducting of operations, striking market position, compete, attracting customers and achieving the objectives of the business. The strategy in which the business implements and executes the business plan is the determining factor in the success of the business. Implementing and executing a business plan are thus the most important core management roles. Certainly, a competent business strategy and a first-class strategy implementation are the key to good business management. This article attempts to analyze how I intend to implement, evaluate, and control (IEC) all of the marketing activities that are described throughout my marketing plan. The implementation process The process of implementation kick starts by evaluation of the internal control of a company to give the auditors the basis of a good planning and providing important information to the management of the company. In order to achieve excellent implementation of my business strategy, I intend to have the best managerial excellence. This will result to a more reliable recipe that can turn my business to a stand-out performer is the market. For a business to grow and remain...
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...Implementation, Strategic Controls, and Contingency Plans Tamicka Wilson STR/581 November 10, 2014 Kenneth Kobus Implementation, Strategic Controls, and Contingency Plans Baby boomers are starting to overpower the world today with their growth of having to change their lives by moving into an assisted living, independent living, or memory care facility. Atria Senior Living, Inc. is well known for taking care of elderly adults when they are needing around the clock care. In addition, Atria Senior Living, Inc. is continuing to grow even when other assisted living, memory care, and independent living facilities are being build all over the United States. However, today the implementation plan, strategic controls, and contingency plan of Atria Senior Living will be discussed. Along with financial support of Atria Senior Living, a break-even chart will show how Atria Senior Living will continue to grow over the years. Nevertheless, the implementation will include management changes that will enhance successful implementation, and contingency risk management planning. Implementation Plan Atria Senior Living, Inc. was formerly known as Atria, Inc. the company was incorporated in 1996 and is headquartered in Louisville, Kentucky with various communities in the United States. (Businessweek, 2014). In all of the Atria Senior Living facilities, they provide independent living, assisted living, memory care, and short-term retreat stays. At Atria Senior Living, we offer just the...
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...Projects grow out of problems or opportunities. This project grew out of an opportunity that allowed each individual involved to participate in project that required carefully planning by turning the opportunity into a new venture. The Upscale Ambiance project was successfully carried out by five individuals agreed on the same goal/objectives. It was imperative to the success of this project that it clearly was defined by three parameters by which the project was planned, controlled and established. Below are the necessary steps the team took to deliver an outcome that will be pleasing to clients. Project Proposal The project that Team B is committed to - is to build an elegant fragrance boutique. The store name will be entitled Upscale Ambiance. Several expected benefits took place to motivate Team B to have charge over this project. The number one benefit comes from knowing consumers will not have to travel as far to purchase his or her favorite fragrance or candle. Other benefits include having unique products in stock that will set us apart from any other fragrance boutique. The team will incorporate clever promotions, savvy merchandizing and exclusive offerings for consistent customers. Consumers do not want a cookie cutter approach when purchasing expensive items. Consumers are ever increasing their knowledge of purchasing power. The team will face the challenge of brand diversity. Our fragrances will address the needs of our diverse clientele. The project team will even...
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...| Syllabus School of Business MGT/437 Version 4 Project Management | Copyright © 2009, 2006, 2004 by University of Phoenix. All rights reserved. Course Description This course examines project management roles and environments, the project life cycle, and various techniques of work planning, control, and evaluation for project success. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Kerzner, H. (2006). Project management: A systems approach to planning, scheduling, and controlling (9th ed.). Hoboken, NJ: Wiley. Meredith, J. R. & Mantel, S. J. (2006). Project management: A managerial approach (6th ed.). Hoboken, NJ: Wiley. All electronic materials are available on the student website. Software Microsoft® Project® 2007 (Virtual Desktop) Week One: Project Definition | | Details | Due | Points | Objectives | 1.1 Determine the importance...
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...Implementation of commercial energy saving controls in the home environment. Prepared for: Christopher McCulloch MSTM 4060 Instructor Memorial University of Newfoundland Prepared by: Ray Bursey Student number: 200207546 Due: July 24, 2011 Prepared in partial fulfillment of the requirements of MSTM 4060: Advanced Technical Communications 31 Concord Rd Conception Bay South, NL, A1X 2C1 July 24, 2011 Mr. Christopher McCulloch Instructor, Advanced Technical Communications Marine Institute of Memorial University of Newfoundland PO BOX ??? St. John's, NL, A1C5R3 Dear Mr. McCulloch, In response to your request during April 2011, I have prepared the following report entitled Implementation of Commercial Energy Saving Controls in the Home Environment. As the title of the report suggests, energy saving controls commonly used in the commercial sector are possible and can prove very beneficial. Home automation is a growing field in which research is being conducted at an increasing rate. This report concerning the home automation field makes reference to industry specific and moderately technical terms; therefore to assist with information presented, a glossary has been included in Appendix A. I have enjoyed working on this report and look forward to presenting the findings in the upcoming PowerPoint presentation portion of the course the week of July 25th, 2011. In the meantime, should there be any questions about the report you can contact me...
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...GRIFFITH AVIATION Nathan Campus 7010GBS Research Design Assignment 1: Literature Review of Development of Training for New Air Traffic Control Technology Implementation (2000 words) Dr Robin Pentecost 30th March, 2016 CHANG, Hsuan-Ting s2957842 1 SEMESTER I, 2016 Table of Contents 1. Introduction ............................................................................................................................ 3 2. Methodology .......................................................................................................................... 3 3. Key Potential ATC Transition Issues .................................................................................... 4 4. Benefits of ATC Automation System .................................................................................... 5 4.1 What is ATC automation system? .................................................................................... 5 4.2 What’s the role of air traffic controllers? ......................................................................... 6 5. Drawback of conventional ATC system ................................................................................ 6 5.1 Incapable to meet the traffic demand nor the-state-of-the-art aircraft ............................. 6 6. What else can the training programme improve? .................................................................. 7 6.1 Sufficient overstaffing on track ............................
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...1577-8517 Risks and Controls in the Implementation of ERP Systems Severin V. Grabski. Michigan State University, U.S.A. grabski@pilot.msu.edu Stewart A. Leech. The University of Melbourne, Australia saleech@unimelb.edu.au Bai Lu. Colonial Mutual Group, Australia blu@colonial.com.au Abstract. The implementation of ERP systems has been problematic for many organizations. Given the many reports of substantial failures, the implementation of packaged ERP software and associated changes in business processes has proved not to be an easy task. As many organizations have discovered, the implementation of ERP systems can be a monumental disaster unless the process is handled carefully. The aim of this study is to identify the risks and controls used in ERP implementations, with the objective to understand the ways in which organizations can minimize the business risks involved. By controlling and minimizing the major business risks in the first instance, the scene can be set for the successful implementation of an ERP system. The study was motivated by the significance, for both the research and practice communities, of understanding the risks and controls critical for the successful implementation of ERP systems. Following the development of a model of risks and controls, a field study of an ERP system implementation project in an organization was conducted to provide a limited test of the model. The results from the field study provided support for risks and controls identified in the...
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...design and implementation of management control systems Name Student Affiliation (1391 words) Challenges that the top management may face when designing and implementing effective management control systems in organizations. There is always no guarantee that the management control system design and implementation of the top management will always be effective as they, just like any other functions in an organization do face numerous challenges. These management controls are always designed in such a way as to enable continuous monitoring of the involved control activities as this helps identify and provide feedback on the effectiveness of these control systems (Rangaraju and Kennedy, 2012). The implementation of these control systems is carried out both internally and externally in relations to the company involved and the various individuals in the top management are allocated different roles and responsibilities to carry out. These management control systems design and implementation procedures of the top management are always carried out thoughtfully rather than mechanically and consistency in their execution is the major contribution towards the success of any organization (Macintosh and Quattrone, 2010). Just like all the processes in a normal organization, there are various challenges that the involved top management experience in their journey towards the design and implementation of the management control systems and...
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...These dimensions are defined as those elements that you must do well in order to be successful.ERP operation is an intricate and convoluted amalgamation of technological, organizational, and business enterprises. It needs understanding of a process, an explicit association of processes, its setting, contest, and IT. ERP systems have been often castigated for being rigid, overly complex, huge and therefore not easy to implement and control. Because of the integrated and ubiquitous nature, ERP requires adopters, implementers and users to define a common set of business rules, data standards, processes and procedures that span the entire organization (Alvarez et al. 2002, 10). Troubles in implementation have been portrayed as resembling “the prisoner escaping from an island prison” (Ross and Vitale 2000). Popularity and demand for ERP systems from organizations is increasing, but only this wish single-handedly is not sufficient, and it is evident from research that several key factors must be considered for the success of any ERP system. Petter, DeLone, and McLean (2008), describe ERP system as a tool that manages procedures and resources; therefore, it is imperative for organizations to have this tool to facilitate the...
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...Name: Professor’s name: Course: Date: Introduction System security plan document describe all the possible system security control measures, their application status and how they are implemented. It can therefore facilitates the implementation of security processes by guiding the individual involved in this process. This document addresses the first version of system security plan (SSP) of automated banking system. The purpose of this report is to describe the controls that are in place or are in the plan, the expected behavior and the responsibilities of the individuals who uses or access the system. The document structures the planning process of implementing the security control procedures to provide adequate security and cost-effective security protection for the system. Management, operational and technical controls have been identified and discussed in details. The different family of system security controls are defined and discussed comprehensively how their implementation status and how they are implemented. DOCUMENT CHANGE CONTROL Version | Release Date | Summary of Changes | Addendum Number | Name | Version 1 | 22/4/2015 | | 1 | System security plan 1 | SYSTEM IDENTIFICATION Automated banking system is a company application system that has been categorized as a primary system according to FIPS 199...
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...Table of Contents Executive Summary 4 1.0 Introduction 5 3.0 Project Implementation 5 3.1 Implementation Planning 5 3.1.1 Project Brief 5 3.1.2 Work Breakdown Structure 6 3.1.3 Sub Units 7 3.2 Project Implementation Control 7 3.2.1 Control Point Identification Chart 7 3.2.2 Milestone Charts 8 3.2.3 Project and Budget Control Charts 9 3.2.4 Network Diagrams 10 4.0 Use of a Gantt Chart 10 5.0 Project Evaluation Techniques 12 5.1 Project Constraints 13 5.2 Project Stakeholders 13 5.3 Goals, Objectives, and Project Requirements 13 6.0 Evaluation of This Project 13 6.1 Project Stakeholders 14 6.2 Goals and Objectives 14 6.3 Project Constraints 15 7.0 Recommendations for Improvement 15 8.0 Project Presentation 16 8.1 Project Implementation Procedure 16 9.0 Conclusion 17 Reference List 18 Executive Summary After a rigorous analysis of three projects, Golden Source International Ltd settled for the “Anti-Fungus” Silicone Sealant product launch. This paper looks at the project’s implementation, evaluation, and presentation. Lately, there has been little success of projects. Pundits believe that haphazard planning, inadequate implementation, relaxed control, and lack of project evaluation bring this about. This paper shows how the project manager that was assigned this task went about these procedures to record major success in major fronts. 1.0 Introduction Project management is quite a popular topic in the world of management today. This is occasioned...
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...all business operations. The key to enterprise resource planning is to focus on the importance of information and to focus on the task at hand. ERP is a strategy in which the information that is gathered becomes a competitive advantage for an organization. Implementation of ERP systems is one of the major tasks involved in running a successful organization. Implementation of these systems has been a critical problem for many businesses worldwide. It can be very difficult to implement ERP systems into an organization as there are many known processes to do so. And if the process is not handled carefully, it can cause massive disaster. This can place delays on the decision making process thus losing a competitive advantage over other organizations. The article, “Risks and Controls in the Implementation of ERP Systems” discusses the risks and controls used in ERP implementations. The objective is to understand the ways in which businesses can decrease the business risks involved. If these potential risks can be controlled and minimized in the first instance that they are discovered, a scene can be set for the successful implementation of an ERP system. The main risks associated with a successful implementation of an ERP system were application complexity, lack of user experience, and lack of user support. These were all risks that impacted greatly on the organization. This meant that all of these problems contributed to the lack of customer satisfaction. The article discusses...
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...are many and varied but arise essentially, as stated above, as inherently of man and the institution created by him. One of the ways man has tried to manage and control the damaging effects of uncertainty in his institution especially as it relates to his financial transaction in use of budget. These are many varied definitions of budget, according to Obazele (2000:127)in his book titled Accounting for public sector Activities in Nigeria. Budget is defined as a “statement whish express future plans in financial terms.” It is also defined by Okoye (1979: 301). In his book titled Cost Accounting Management Operational Application, as “plans prepared and approved before The of use. A budget is defined in the institution of cost and management Accounting, 1966 edited of Terminology as a financial and/or quantitative statement prepared and approved prior to a defined period of the policy to be pursued during that period for the purpose of attaining a given objective”. Going by the above definitions of budget by previous authors, it could be deduced that a budget as an element of control in it. Control here means a “standard of comparison for checking an experiment which result is known” (Horby : 2000 page 251). Budgetary control according to Pickles and Lafferty (1974:3145) relate to “the use of budgets as control devices whereby predetermined plans or standard, output, income and expenditure are compared with actual attained so that, if necessary corrective action may be taken...
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