...WEEK 2 PAPER GROUP A: EVALUATING THE PILOT AND THE DOCTOR SITUATION WAS A CATCH 22 TYPE SITUATION. THE DOCTOR SHOULD REPORT THE HEALTH ISSUE BECAUSE HE IS MANDATED TO DO SO, AS WELL AS THE FACT HE TOOK AN OATH. THERE WOULD BE NO REAL GOOD LEGAL REASON TO IGNORE HIS FINDINGS. AND AS SUCH, HE SHOULD HAVE REPORTED IT. BUT LOOKING AT THE FACT THAT THE GUY ONLY HAD A MONTH TO GO BEFORE HIS RETIREMENT, AND THE FINDINGS WOULD TAKE THAT AWAY, I CAN SEE WHERE THE ISSUE OF NOT WANTING TO REPORT IT CAN BE A PROBLEM. IF SHE HOLDS BACK THE FINDINGS, HE COULD RETIRE AND BE OK. IF SHE DOESN’T, HE WILL LOSE HIS RETIREMENT. THIS SITUATION IS THE EVERLASTING AND ENDURING ONE OF RIGHT VERSUS WRONG OR SHOULD AND SHOULDN’T…IT WILL END BADLY IF THE DOOCTOR REPORTS IT, OR IT WILL END BADLY BECAUSE IF CAUGHT, THE DOCTOR COULD LOSE HER LICENSE AND THE GUY WILL LOSE HIS RETIREMENT. SO EITHER WAY IT’S A LOSING SITUATION AND OUTCOME. GROUP B: RHONDA SHOULD HAVE KNOWN BETTER THAN TO PARTICIPATE IN THE GOSSIPPING SESSION. WHEN SHE FELT THAT FIRST FEELING OF BEING INCOMFORTABLE, SHE SHOULD HAVE ACTED ON THAT AND POLITELY EXCUSED HERSELF, THEN LEFT. THINKING THAT BY JOINING IN THE CONVERSATION AND GOING ALONG WITH IT WAS OK IS ABSOLUTELY THE WRONG THING TO AVE DONE. THERE ISN’T EVEN A QUESTION OF BEING RIGHT OR WRONG. BECAUSE WHAT SHE DID IS ABSOLUTELY WRONG SINCE IT DEMEANS HER FRIENDS AND COWORKERS, PUTS HER IN THE SAME CATEGORY AS THOSE STARTING THE GOSSIP FEST, AND IT SHOWS...
Words: 300 - Pages: 2
...KEY TERMS INTRODUCED OR EMPHASIZED IN CHAPTER 9 accelerated depreciation Methods of depreciation that call for recognition of relatively large amounts of depreciation in the early years of an asset’s useful life and relatively small amounts in the later years. amortization The systematic write-off to expense of the cost of an intangible asset over the periods of its economic usefulness. book value The cost of a plant asset minus the total recorded depreciation, as shown by the Accumulated Depreciation account. The remaining undepreciated cost is also known as carrying value. capital expenditures Costs incurred to acquire a long-lived asset. Expenditures that will benefit several accounting periods. capitalize A verb with two different meanings in accounting. The first is to debit an expenditure to an asset account, rather than directly to expense. The second is to determine the amount of an investment by dividing the annual return by the investor’s required rate of return. depletion Allocating the cost of a natural resource to the units removed as the resource is mined, pumped, cut, or otherwise consumed. depreciation The systematic allocation of the cost of an asset to expense over the years of its estimated useful life. fixed-percentage-of-declining-balance depreciation An accelerated method of depreciation in which the rate is a multiple of the straight-line rate and is applied each year to the undepreciated cost of the asset. The most commonly...
Words: 732 - Pages: 3
...In your opinion, what are some indicators of a good leader? Why are these indicators important to you? In order to have a successful business, good leaders have to possess some key qualities and learn to emphasize them. They have to be able to communicate, listen, motivate their team. Good communication skills are required at every level of business and good leaders must possess outstanding communication skills. Good leaders have to believe what they say. Good leaders have to listen to others and truly absorb what they are saying. They are telling him what he needs to know. Inspiring others is the mark of an effective leader. Motivation is best done by example and guidance, not by issuing commands. Honesty is another key quality that good leaders must possess. Your employees are a reflection of yourself. If you make honest and ethical behavior a key value, your team will follow suit. As a leader, it is you that has to put out fires and keep your employees’ morale up. They have to keep their confidence level high and assure everyone that setbacks are normal and it is critical to focus on the larger goal. By staying confident, leaders will help keep the team feeling the same. Leaders have to accept responsibility. Confident is a very important attribute that a good leader must have. Without a leader first believing in himself or herself, true leadership only exist in the title they possess. People like to work with leaders who are truly confident. There is...
Words: 611 - Pages: 3
...In business, small or large or personal the ability to have information to make a decision is important. Hypothesis testing is essential in testing both the business and science to see staffs and if the decisions managers are making is working. The research issue is has the United States lost the competitive edge in the global market. Developing proxies to measure the total real of interaction between the United States in capital, product and labor market ranges. We took it upon ourselves to develop both hypothesis which see if there was a decline in this over the last few years and the comparison between other countries. The table below provides a summary of the variables of the countries deemed the most powerful in the world. The research is empirical in nature and this characteristic is objective, but in order to create the hypothesis to consider if the United states has lost its competitive edge its importing to consider the following Hypothesis HI: That the United States has not been able to compete in the manufacturing market with a competitive edge. H2: The United States has lost its competitive edge in the global market largely due to the lack of academic preparation of well trained personal in mathematics, and science. |Country N Transparency Financial Governance | | |Mean – Median |Mean - Median |Mean - Median | | |China 17 |5.5 -...
Words: 570 - Pages: 3
...proposed regulation affect your or the business in which you are working? If so, how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will submit two attachments to the Week 2 Drop box: (a) a Word document with the questions and your answers and (b) a copy of the proposed regulation you used for this assignment. The administrative agency which controls the regulation is Department Of Transportation. This proposed regulation interests me because I am a cigarette smoker, and I travel in between Asia and the United States periodically. I take long flights where smoking is prohibited in the aircraft, and it is difficult to people who smokes not to have any cigarette or any electronic cigarette. But also, I do understand and agree to prohibition of smoking in the aircraft is to make sure the clean air is circulating within the aircraft. This regulation would keep people who do not smoke away from second smoking and the ones who smoke put in a consideration of quitting smoking. 2. Describe the proposal / change. The proposed regulation is to amend its existing airline smoking rule to explicitly ban the use of electronic cigarettes on all aircraft in scheduled passenger interstate, intrastate and foreign air transportation. The Department is also considering whether to extend the ban on smoking (including...
Words: 922 - Pages: 4
...Riordan Manufacturing Active Directory POS 421 Riordan Manufacturing Active Directory Riordan Manufacturing or “RM” is a company that operates throughout the world and has offices all throughout the North American continent as well as China. With such a broad base of operation, RM requires a means to make communication and operations streamline while still allowing individual plants the ability to tap into resources necessary to complete their job. Looking back at past operations, RM has run into many problems that limited their ability to communicate effectively between individual plants. By implementing a Microsoft Windows Server Active Directory, many of the problems that have been evident will no longer exist. Many of the mundane and cumbersome operations that often cause issues can be eliminated by changing these functions into less complex tasks as noted in an article about Active Directory, “A directory service presents the opportunity to consolidate the number of repositories in use and realize a number of benefits in doing so: reduced administrative overheads, enhanced operational efficiency and tighter control over the security of user information,” (Mohamed. 2005) RM’s corporate headquarters located in San Jose California will be the focal point of consolidation efforts. The departments and facilities will fall under the headquarters plant. In essence our goal is to create a tree utilizing various grouping to help streamline the flow of information between...
Words: 1267 - Pages: 6
...Cumulative Bank Services and Balance In the world of banking, it is often speculated that the more accounts and services a client holds with a particular financial institution, the longer they will stay with that bank. The idea is, the more accounts they open for each client, the more dependent these clients will become to their services, and closing several accounts to join another institution requires time and effort. Avoiding these tedious tasks will manipulate a client to stay with the given financial institution longer as well as prompting them to maintain majority of their funds under the same roof. There are many studies conducted to prove this scenario that is the reason why the “cross-selling” technique has been adopted by the banking industries. The ultimate goal is clear, and all financial institutions believe that “those who die with the most money win”. Whether or not these techniques create a false sense of loyalty, the question is: Does account balance exhibit any correlation to the number of services a client holds with the bank? Numbers don’t lie, we will explore and evaluate this hypothesis using statistics and data sets from Century National Bank to prove whether or not this idea holds true. Hypothesis Statement “Does account balance exhibit any correlation to the number of services a client holds with the bank?" The banking industry as a whole has changed over the past decade in which customer are able to use technology to update account information, view...
Words: 1633 - Pages: 7
...Ethics Paper Instructor: Due Date: 08/25/2014 Ethics Paper For all businesses ethical and social responsibility is of paramount importance with regard to customers, partners, clients and the general public. Ethics and social responsibility are more then just what is agreed to and written on paper; there is a great need for businesses to display a ethical nature in all their dealings such as company shareholders to employees, employees to consumers, employees to other employees, and employees to clients. For the majority of companies in today’s business world great many proactive measures are taken to train employees and ensure the maintenance of the companies ethical practices. The time and money spent of maintaining those practices helps to reduce and avoid any internal or external conflicts or issues that might arise. Another critical piece of the puzzle for dealing with ethical concerns is the component of strategic management. The overall goals and expectations for ethics and social responsibility are very similar throughout all companies, the differences occur with how each company take action to address any issues in or out of the work place. This paper will cover businesses ethical and social responsibilities in addition to the strategic planning that is involved with regard to stakeholders and the businesses management In the dictionary ethics is described as, “moral principles that govern a...
Words: 913 - Pages: 4
...Supply and Demand Simulation Allison Mullen Microeconomics 365 March 11, 2013 Vilma Vallillee Supply and Demand Simulation Macroeconomics looks at the economy as a whole, concentrating on factors such as interest rates, inflation, and unemployment (Colander, 2010). It also studies economic growth and the government’s role to moderate the harm caused by recessions. During the simulation government intervened and tried to set a price ceiling on two bedroom apartments to provide homes for those that were struggling in hard economic times. The simulation also talked about population trends and how they affect decisions in the marketplace. For instance, an increase in population caused demand for two-bedroom apartments to increase, but a change in preferences caused demand to increase. Microeconomics focuses on individual people and individual businesses (Colander, 2010). It analyzes individual entities or activities such as supply and demand in the market, and the effects of behaviors and decisions. The simulation gave two examples of microeconomic behavior as it explained how individuals react when faced with decisions about how to spend their money. It also stated that Atlantis was considered a monopoly because it has no housing development competitors nearby. Their profit incentives lead them to raise prices and lower output in order to get the most out of consumers. In determining the rental rate for Atlantis tenants it is important to understand that more...
Words: 768 - Pages: 4
...Hospital XYZ November 9, 2014 Memorandum for Record: As the lead surgeon and the sole decision maker for all transplant cases, I have a dilemma on my hands. I had just received a call and was notified that a heart has become available for a transplant. I currently have 3 patients that are candidates for this heart. Time is of the essence; therefore I have decided to give the heart to Jerry, a 55 year old, married and father of 3 children. I believe Jerry is the best candidate for the transplant because of his overall situation. As I mentioned before, he is only 55 years old, married and has 3 children, the youngest has special needs. His wife does not have a higher education, or has been gainfully employed in some time. With that said, she will have a difficult time providing for herself and their children. Jerry does not have a strenuous job and is eligible for retirement in 5 years and then he can take it easy. Even though his bad heart is a result of self-inflicted steroid use during his early 20’s, the dangers associated with that use were not fully known. Since then, he has changed his life style and has a family that depends on him. With this transplant, he can live another 10 -15 years and I do not see any ill effects of him receiving this new heart and the fact that he is currently here awaiting this procedure, he can be prepped and ready to go by the time the heart arrives at the hospital making him the perfect choice. Lisa would be my choice because...
Words: 542 - Pages: 3
...High employee turnover/ Low Retention Low employee retention is caused by several factors and not many businesses are immune. High turnover rates not only reflect badly on a business but are very costly. A 2012 study showed that it cost 1/5th an employees’ salary to replace them("What Are The Causes Of High Labor Turn Over Rate?", 2014). Costs such as advertising, recruiting, screening and hiring effect the bottom-line of every company. Low retention rates attribute to employee satisfaction, pay and geographical issues. Communication problems within an organization remains one of the top reasons for employee dissatisfaction ("What Are The Causes Of High Labor Turn Over Rate?", 2014). . Poor leadership and communication skills effect an employees’ ability to perform and or feel appreciated for the work that they do. Pay commensurate with experience and cost of living is equally important to job seekers in addition to a work life balance. An employee should be seen as an investment within a company. Adequate pay, training, benefits and advancement opportunities result in a more productive employee who is more likely to remain loyal to their company. Finding a solution a high employee turnover and low retention rate holds great significance. A high employee turnover and low retention rate negatively impacts an organization in a few ways. Low morale can be a result of high employee turnover which can lead to a decrease of productivity. Financially...
Words: 423 - Pages: 2
...Economic Factors Economics affects everyone on a day to day bases whether aware of this fact or not. Economics in a nut shell is the branch of study and knowledge concerned with the production, consumption and transfer and allocation of wealth. Specifically we will be looking at the branch of economics known as macroeconomics or the economy as a whole and globally. Every action that involves goods, services, and money affects the economy of a country or nation. Simple actions such as shopping or buying groceries can have a huge effect on an individual, business and governmental level. Other factors that have a huge effect on global economics are layoffs and unemployment, as well as government actions such as tax increases or decreases. Food is a necessity for the survival and ability for individuals to thrive. Buying groceries is a task that most have come to hate, but realize the need to continue this act. Every time a grocery cart is loaded, paid for and bagged the economy is affected. Households business and even government are affected by the production, distribution and purchasing of groceries. On an individual and house hold level, families have to budget for groceries. Food is dire for survival, but for some people living pay check to pay check obtaining food can become a constant worry over having the necessary funds. According to “USDA” (2015) “the food-at-home (Grocery store or super market food items) CPI was down 0.5 percent in March and is 1.9 percent higher...
Words: 1123 - Pages: 5
...Preparing to Conduct Business Research: Part 1 Benjamin Maple, Robert Gholson, Daniel Williams, Benito Serrano Business Research/RES/351 28 March 2016 Dr. Kenneth Miller Preparing to Conduct Business Research: Part 1 * Describe the selected issue, opportunity, or problem facing the organization. The organization this team agreed on to conduct business research is Playboy. This company has been in business since the beginning of its long life started in December of 1953, it was created by Hughe Hefner. Playboy does not just produce magazines but the company does also television, radio, internet, and clothes. There are various reasons the company chose to go down a different path then it known for, from being a centerfold raunchy naked magazine to a more conservative less revealing type of magazine. Do to the changing times and forever evolving technology, This company has had a problem in the last decade competing with other big companies like maxim and other big companies like them in their sales for their monthly subscription magazine. With the competition of other companies going becoming more prevalent because of the technology advances as mentioned like the internet, Playboy has become sort of obsolete. Consumers no longer really care for the naked centerfold they used to always show and have come up with solutions to stay relevant in the industry while changing the way they have operated for decades. * Discuss the significance, scope, magnitude,...
Words: 671 - Pages: 3
...Economic Activities ECO/372 Principles of Macroeconomics June 24, 2013 Johnny Shull Abstract This paper will review and describe gross domestic product, real gross domestic product, interest rates, inflation and unemployment. This paper will also review the decrease in taxes, massive layoff, and the purchasing of groceries and how they affect households, businesses as well as the government. Everything what happens within an economy sets off a chain reaction whether its big or small. One negative reaction could lead to a whole line of negative reactions which impacts consumers, businesses, and the government and vice versa for the positive impacts. Economic Activities Gross domestic product (GDP) measures the complete market worth for products and services sold and bought by organizations and consumers within an economy in a years’ time. Nominal GDP is a form of real GDP but the difference is that nominal GDP creates room for inflation with in the economy. Interest rate is the percentage of added to an amount that has to be paid back but there are two kinds of interest rates which are nominal and real. Nominal interest rates are those that are inflated and cause your principle balance to be more than what it originally is. Real interest rate is the actual amount of what you would be repaying due to the inflation (Colander, 2010). Economic changes are measured in real GDP which reflects the market value of the products that are sold within the economy for the...
Words: 888 - Pages: 4
...In accounting there are many sheets that accountants have to put together and analyze for the company directors and the investors. There are three major statements, the Income Statement, the Balance Sheet, and the Statement of Cash Flows. When deciding how a company is fairing there are many aspects to look at within each sheet. Income Statement: An income statement is a summary of two key categories of cash flow. It reflects the total revenue generated during a specific time period, and the total expenses that were sustained during that same period. The preparation of income statements on a steady basis allows a business leader to have three key tools. One tool is the ability to understand how the business has performed during the last period. The second tool is the ability to compare the performance of the business over time. The final tool is to utilize an existing income statement as a planning tool to see how a major business decision would impact earnings. The practice of reviewing sales on a monthly basis provides clarity of the actual performance. If there are multiple products or services being offered, it highlights the sales performance of each one. Ultimately an income statement allows the business leader to know how much the business has earned. Balance Sheet: The balance sheet tells investors a lot about a company's fundamentals; how much debt the company has, how much it needs to collect from customers (and how fast it does so), how much cash and equivalents...
Words: 1436 - Pages: 6
