...STORE24 (A) PGP 2011-2013 Problem Statement President and CEO of Store241 Bob Gordon (MBA ‘62) along with CFO Paul Doucette and COO Tom Hart were concerned about strategies for increasing store level employees retention. The extent to which the profitability of the stores was related to “people factors” was considered to be an important factor. This could be captured by estimating of the actual financial impact based on the tenure of the manager and the crew at a store. The site-location factors such as population, number of competitors, pedestrian access, visibility, location and timings were also to be considered as key drivers of profitability. However, a huge amount of variation existed with manager and crew tenure. Also the stores in the sample appeared to be widely geographically disbursed, complicating site-location factors. An opinion was to be formed as to whether increasing wages, implementing a bonus program, instituting new training programs, or developing a career development program would be the best course of action. Analysis (A) REGRESSION OF PROFITABILITY WITH MANAGER & CREW TENURE Inference: Let the regression equation be represented by , where y and x are the variables, a is the y-axis intercept. The R square statistic has a value 0.41 which signifies less than half the points fit the regression line. Now we represent the NULL HYPOTHESIS as H0(b=0) and ALTERNATE HYPOTHESIS as Ha(b≠0). The p-statistic...
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...Case 2 Store 24 Maastricht University, School of Business and Economics Course: Management Control EBC 4154 Introduction Most of the executives of Store24, a New England based convenience store, were gathered for an important meeting to discuss a way to increase store level employees retention. Some of the suggestions were to increase wages and bonuses, training enhancements or career development programs. However, top management lacked sufficient information available that would explained the relationship between manager and crew tenure on store level financial performance. Hence, the purpose of this paper is to shed light on the “employee tenure-store level performance” relationship as well as to discover how managerial skill, service quality and profit are related. 1. The Relationship between Employee Tenure and Operating Performance Before exploring the relationship between store level financial performance and other relevant site factors, it is essential to establish a measure for store level performance. Internal analysis collected sales and profit data for 75 stores. Based on Appendix A, one can conclude that these variables are highly correlated and significant (i.e. r = 0,924, p-value = 0,000) Ultimately, profit is used as a proxy for store level performance, since it takes into account both, the costs as well as the revenues of making the sales. Despite the lack of objective evidence on the importance of employee tenure, Store24 has awarded managers...
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...The 24-Day Challenge Instruction Manual “Remember, there are EXCUSES, or there are RESULTS, but never BOTH!” 24-Day Challenge (overview) Ready to Kick-Start Your Fat-Burning Furnace A GUARANTEED way to drop those unwanted pounds and better your health... The AdvoCare 24 Day Challenge is a revolutionary program designed by leading fitness and nutrition experts, built around good, solid nutrition and convenience, in order to help you enhance your immune system and increase your energy levels while leaning you out and melting away fat. It’s not a gimmick!! It’s not a fad!! It’s a program that will enhance your overall health and well-being, while educating you on simple, realistic lifestyle changes that fit into any schedule! The program fills the nutritional gaps, cleans out the system and kick-starts your metabolism through some of the same amazing AdvoCare solutions used by elite amateur and professional athletes for over 19 years! Just so you know, we choose AdvoCare solutions because... There is industry leading science in every formulation They are backed and formulated by a world-class Science/Medical Board They are driven to creation by an elite advisory council They are endorsed by hundreds of UNPAID World Class athletes and entertainers They create truly unmatched and amazing testimonies from around the country They are tested and certified by Informed Choice They carry a 100% satisfaction guarantee Want to know what the Challenge...
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...The Effects of Hollywood Since the eventful day of September 11th torture has been a hot topic for the media, movies, and has even sparked debate amongst government officials. In the article, “Whatever it Takes” by Jane Mayer, she debates on the subject by comparing real life torture from an interrogators point of view and those of the fantasy world from which the producers and writers come up with for the hit TV show 24. Mayer attempts to influence her readers about the effects that the show 24 has on its viewers, which include young cadets, through interviews with highly trained interrogators. Mayer also interviews the show’s writers, producers, and actors to expose some of the main concerns in regards to the torture scenes in the hit show 24. Throughout the article, Mayer makes it clear that she does not agree with the way torture is being projected in the show 24 by starting off her discussion questioning the producer’s credibility, Joel Surnow. Mayer wants people to see Surnow as an arrogant and selfish person by quoting Surnow as saying, “People in the Administration love the series, too, it’s a patriotic show. They should love it” (Surnow Qtd in Mayer 1). Mayer’s point is that Surnow is very confident in the show’s popularity regardless of the criticism the show brings amongst some of its viewers. Surnow also bluntly tells Mayer that he is arrogant, there’s no denying it. She also points out many times in her article that he is a conservative and goes on to say that...
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...Which CTU agent was executed in season three of "24"? When did the vindictive Nina and Sherry die? How does Jack Bauer return to CTU after being assumed dead at the conclusion of season four? 2. Credibility: I have not missed a single episode of twenty four since its deputed 5 years ago. Tonight the show is on from 8pm-9pm but you better believe that the TIVO is set. 24 revolutionized the after work action/drama genre for me. It deals with contemporary issues, real and more or less plausible terrorist threats, and a real-time hourly format, 24 redefined my expectations for all shows going forward. 3. Thesis: 24 is a great alternative to mindless, dull, and uninteresting television shows that flood the airways today. 24 is sure to grasp your attention away from other shows such as “The Apprentice©”, “Americas Funniest Home Videos©”, and “Gilmore Girls©” that sure the same time slot. II. BODY: 1. NEED STEP: A. There are many shows on television that just don’t catch the attention of the viewers. If any of you are like my uncle you may just watch whatever show the remote takes you too. While this can be entertaining, it does may not satisfy you as much as it could. B. Although “CSPAN©” may teach you politics, “Iron Chef©” may enhance your cooking skills, and “WWE Raw©” may give some that macho soap opera experience; none of these shows will give you the overall satisfaction that 24 has to offer. It is full of romance, suspense,...
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...centers receive the same information, and are delivering identical information to all of its customers at all its different locations (info such as pricing, services, etc.). This could be accomplish through regular meetings, memos, or even an intranet for the company. 2). Carter Cleaning Centers will have to grapple with work standards throughout its various locations, to insure all its staff is treated fairly, and that no one is working more at one store or being paid less while in the same position. And also the centers will have to address training standards for the different levels of labor at each center. 3). Carter Cleaning Centers will have to grapple with fair hiring practices to avoid being accused of discrimination. It cannot risk hiring only one group of people, such as all males and refuse females employment as this will definitely end up in someone’s courtroom. 4). Carter Cleaning Centers will have to grapple with following the legally established pay minimum for every one of its employees. If the centers are open 24/7, then the workers will have to be placed on a work rotation and compensated fairly. There are also breaks and lunch times to establish for every full time worker. 5). Carter Cleaning Centers will have to grapple with workplace safety standards set by the government to insure no one, including the customers are harmed in any way by the operating equipment, wet floors, etc. at each of the centers, especially when injury is caused due to neglect or...
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...Title : Pasay city pet shop owner arrested for selling endangered wildlife. Published : june 5, 2014 Website: http://www.gmanetwork.com/news/story/364378/news/metromanila/pasay-city-pet-shop-owner-arrested-for-selling-endangered-wildlife Police and personnel from the Biodiversity Management Bureau seized illegally-traded wildlife in a raid on a house in Pasay City. The raiding team found animals like the Philippine sailfin lizard, blue-tongued skinks, and Palawan Hill Mynahs in the backyard and basement of the house, GMA News' "24 Oras" reported Thursday. Also found during the raid were an elongated tortoise, a white-bellied sea eagle, a Palawan hornbill, and a black palm cockatoo. Water in the basement was used to soundproof the house, the report said. According to Senior Superintendent John Guyguyin, head of the Philippine National Police Anti-Transnational Crimes Unit, it is difficult to track illegal operations like this because business is done through text. "Meron tayo kasing markets talaga diyan, so 'yun yung medyo mahirap. Yung supply and demand din yung nagdi-dictate," Guyguyin added. Abraham Bernales, the owner of the house, had reportedly been a long-time resident of Bgy. 188 Zone 20, but Barangay Chairperson Herminia Flores said they didn't know of his illegal activities. "Sabi ng tanod ko, ang napupuna niya lang dito, mga malalakas ang tugtog. Siguro para masabayan na hindi marinig," she said. "Ang alam ko lang may pet shop sila. Hindi...
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...I will start BCP this week (10-1-12) then I will take Lupron for 2 weeks overlapping with the last 4 days of the BCP, I will take the stimulation medication for about 10 days, and then voila I will be ready for the egg retrieval. We are going to target the week of December 10th as that week works for my Mom, and that should work fine with me too. Then if you think about it, 2 weeks from Dec 10th is Dec 24th so maybe I'll get a BFP on Christmas Eve. I will start BCP this week (10-1-12) then I will take Lupron for 2 weeks overlapping with the last 4 days of the BCP, I will take the stimulation medication for about 10 days, and then voila I will be ready for the egg retrieval. We are going to target the week of December 10th as that week works for my Mom, and that should work fine with me too. Then if you think about it, 2 weeks from Dec 10th is Dec 24th so maybe I'll get a BFP on Christmas Eve. I will start BCP this week (10-1-12) then I will take Lupron for 2 weeks overlapping with the last 4 days of the BCP, I will take the stimulation medication for about 10 days, and then voila I will be ready for the egg retrieval. We are going to target the week of December 10th as that week works for my Mom, and that should work fine with me too. Then if you think about it, 2 weeks from Dec 10th is Dec 24th so maybe I'll get a BFP on Christmas Eve. I will start BCP this week (10-1-12) then I will take Lupron for 2 weeks overlapping with the last 4 days of...
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...ENVIRO-GREEN PROPOSAL BY ETHNOLOGY CLUB KOLEJ POLY-TECH MARA BANGI, SEKSYEN 14, BANDAR BARU BANGI 43000 KAJANG, SELANGOR Tel:03-89259776 www.etnologykptm.ning.com ENVIRO-GREEN ENVIRONMENT PROPOSAL ORGANIZE BY: ETHNOLOGY CLUB OF KOLEJ POLY-TECH MARA BANGI CO-OPERATE WITH: MAJLIS PERWAKILAN PELAJAR KOLEJ POLY-TECH MARA BANGI DATE: 23 JULY 2011 – 24 JULY 2011 VENUE: KOLEJ POLY-TECH MARA BANGI, SEKSYEN 14, BANDAR BARU BANGI 43000 KAJANG, SELANGOR INTRODUCTION 1.0 The Ethnology club are associated as an energy of the modern unity in equality with the innovation, creativity, and being extremely effective to reinforce the college value. 1.1 The Ethnology Club has decided to organize a campaign of the environment program, “Enviro-Green” with the hope of giving birth to a flying colour graduates with high values achievements, communication skills and body strength towards social matter and today life. 1.2 With this, hopefully we will receive the interest of this student and the cooperativeness of KPTM Bangi Administration. OBJECTIVES 2.1 This program could give the students experience on what should they do during environment campaign. 2.2 To inspire the Ministry of Natural Resources and Environment’s efforts in natural resources management and environmental conservation to enhance value added natural development. 2.3 This program is aim to build a high spirit of love to the environment. 2.4 Lastly, this...
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...Unit 24 Store and Retrieve Information AC1.1 Describe systems and procedures for storing and retrieving information AC1.2 Outline legal and organisational requirements for information security All information stored in an organisation has to adhere to the organisations and legal requirements for information security. It is important that information is stored safely so that it cannot be accessed by unauthorised individuals. This prevents disclosure, destruction and modification. The requirements are outlined in our Information Security Policy. In my workplace we handle a large amount of confidential information about residents who live in our local authority. If this information is electronic we are required to lock our computers whenever we leave our desks. If the information is physical it should be locked away in the filing cabinets, nothing should be left on our desks. If the information gets into the wrong hands it can lead to serious safeguarding issues as some of the information we have contains addresses and details regarding looked after children. It can also be damaging to the council's reputation leading to possible legal action. When we pass information to other local authorities or schools, we must follow procedures to protect the...
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...1. In a narrative format, summarize the key facts and issues of the case. The key facts of this case include Imus’ performance and history as a 28-year veteran shock-jock, his employment by CBS and MSNBC, his controversial and off-color comments against a girl’s basketball team, and CBS’ response to the matter. The issues include the remarks made by Imus’, was the response by CBS timely and appropriate and what could have been improved upon in preparation and execution of their crisis management approach. Also, was CBS strategic in their execution of their damage control? Should Imus have continually remained in the media empathetically apologizing then saying he had apologized enough? 2. Update the information in the case by researching it on the Internet. Focus your response on the specific issues in the case. The case study provided by the text provides limited information in the summary. Although it includes the incident, a little history of Imus and CBS’ response, it is vague as to how the matter became so public and why CBS would severe a $40 million contract with one of the nation’s most revenue-producing jock (Press, 2007). Further research reveals the history of Imus’ profession as a highly sought after shock jock, the efforts behind his firing, CBS’ reaction, responses and their inadvertent handling of the matter. The employment contract was extended to Imus by CBS in 2006 because he was a shock-jock of the nation and because his controversy and...
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...company History: The Spanish company was founded in the 1980 by Isak Andic. He was inspired by a fruit with a sour taste and which is the name in almost every country. Mango is the second largest exporter of the Spanish clothing company. It has more than 2415 shops on five continents. Also, Mango opens 150 new shops every year. Isak Andic founder of the Mango. He was born in 1955. Andic and his brother started to selling hand- Embroider t-shirt and clogs. Andic’s family emigrated from Turkey to Barcelona, Spain in 1969. Isaak Andic and his brother Nahman Andic started to selling hand-Embroidered t-shirt and clogs. They opened their own Isaak Jeans shop in Marcelona and Madrid. The first store opened in the Paseo Gracia in Barcelona in 1984. In 1992, the 100 stores opened. In 1997, for the first time in the company’s history, the sales abroad were higher than the national sales. Marketing: The company’s Motto: Huge companies don’t just “play” with tangible goods, but want to be a living part of a culture. Department for Expansion: The main task is to represent the company to the outside world by opening new shops all over the world. Department for Import/Export: The task is to coordinate and control the distribution of the goods, starting at the suppliers to the company, and from the company to the shops all over the world. PR Department: This department is in constant contact with fashion magazines, newspapers, etc. How to attract the customers by...
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...like leaving from their homes even from miles apart. Expanding our exposure via the Internet, introducing Relax Inn to people that have not yet discovered this 24/7 lodging, and maintaining a low priced lodging service without sacrificing quality allows us to attract new customers and maintain profitability. The inn’s guests will have every need met to ensure his/her comfort. For special occasions, catered meals, chilled wine, etc. can be provided for an additional fee. A garden is set for guests who enjoy watching the night sky. Relax Inn sets itself apart from similar competitors in its location, rooms, and customer service. By having a motel, restaurant, bar, and a convenience store at one facility is a huge plus, because guests never have to leave. Another significant advantage in our location is the bus terminal near the vicinity where there are lots of weary travelers who are looking for a place to rest which results to potential customers. Our rooms are individually decorated in a home setting that is comfortable and at-home. You feel as if you are staying at your own house. Customer service is our number one priority. We, at Relax Inn, will treat each guest as if they are family. Relax Inn will offer customers four single bedroom units and two family sized units. We have a full-service resto-bar that is open 24/7 and with a good music selection provides entertainment and a soothing ambiance, and a garden for customers to...
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...Task 2 Advantages of ecommerce Having a business open 24/7 I have been asked the discus in detail the impacts and negative impacts of an e-commerce business; I am going to first discus the impacts of an e-commerce business running 24/7. There are many impacts with having an 24/7 e-commerce online business, I first looked at the website tokokoo.com (online) that it mention that the advantage of it being opened 24/7 is that people all over the world can purchase what the e-commerce website is selling, this impacts your business as all parts of the world we be buying your products and services at all times ‘Even while you’re sleeping, your customers can visit your store and browse your products and place their orders’. Another advantage of it being opened 24/7 is that you can purchase items/services anytime you want this is a good impact new targets markets can be made which is for the people who work long hour days which means they are too busy in the day because there working which means they do not have time for shopping in the day, this impacts your business and achieves more customers which means you will sell more. Includes that customers will be satisfied as they can purchase items from their own home. A disadvantage of having a 24/7 business is that you will have to pay more for staff to keep this e-commerce business operated at all times, people who would be operating the website are not on a normal wage like a shelf stacker it is far more. The negative impact...
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...I recently read the book authored by renowned historian Stephen Ambrose titled The Wild Blue: The men and boys who flew the B-24’s over Germany, which encompassed the journey of these young men. From start to finish Ambrose gave a great overall view of the trials and tribulations one would go through being a pilot or a crew member on a B-24 during WWII. The book focused primarily on the 741st squadron 455th bomb group. But in particular it focused on one of its pilots, Lt. George McGovern. While at times this book almost felt like a war biography of McGovern, it did touch on various other crew members and gave a great overall view of these boys journey from their early life to time spent overseas fighting. The book starts off by taking you through the background of these young men showing their upbringing. The majority of them came from humble beginnings and spent their adolescent life in small rural towns in America. Most were still teens when they enlisted and began their training. Ambrose commented on their age by saying that while someone that age today may be lucky enough to be handed the keys to the family car they were being sent off to defend the country. These boys generally were from blue color households in small towns and had previously never even been aboard a plane much less flown or navigated one. Once enlisted as potential pilots they were sent to flight training school. I found this portion as well as the first half of the book to be very slow. This was mainly...
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