Preview

MGT 401 Week 2 Discussion Question 2 Scenario

Satisfactory Essays
Open Document
Open Document
461 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
MGT 401 Week 2 Discussion Question 2 Scenario
This work MGT 401 Week 2 Discussion Question 2 Scenario contains solutions to the following tasks: "Isopropyl alcohol (I.P.A.) has a flash point of 53 degrees Fahrenheit. The outside temperature is 68 degrees Fahrenheit. While this product is being unloaded from a truck, several cases fall to the floor and the product spills. Several large pieces of machinery and a welding operation are running nearby. Is there a potential danger from fire in this scenario? Justify your response. Respond to at least two of your classmates Business - General Business Applying Ratios to a Business . Access the Evaluating Business Performance: Small Business Case Studies video in your online course.

The video focuses on profitability, liquidity, efficiency, and stability of business. Given what you have learned about ratio analysis, choose one of the businesses from the video (Rose Chong Costumes, Anro’s Floor Maintenance, or John Osborne’s Gym and Squash Center) and identify two ratios that would be helpful for the owner of the business to monitor. Be sure to explain what the ratio would tell the owner, and how it can be improved for the business. When preparing for college, create a list of what you'll need. Part of being college ready is the ability to handle your own problems, instead of expecting your parents to bail you out all the time. This holds especially true if you are attending classes far from home.

This work MGT 401 Week 2 Discussion Question 2 Scenario contains solutions to the following tasks: "Isopropyl alcohol (I.P.A.) has a flash point of 53 degrees Fahrenheit. The outside temperature is 68 degrees Fahrenheit. While this product is being unloaded from a truck, several cases fall to the floor and the product spills. Several large pieces of machinery and a welding operation are running nearby. Is there a potential danger from fire in this ...

To get more course tutorials visit - https://bitly.com/1oJLgVO

When preparing for

You May Also Find These Documents Helpful

  • Good Essays

    Scenario . Isopropyl alcohol (I.P.A.) has a flash point of 53 degrees Fahrenheit. The outside temperature is 68 degrees Fahrenheit. While this product is being unloaded from a truck, several cases fall to the floor and the product spills. Several large pieces of machinery and a welding operation are running nearby. Is there a potential danger from fire in this scenario? Justify your response. Respond to at least two of your classmates’ postings.…

    • 695 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Risk Assessment Plan. ( See pages 59 to 64 in the text ). Using the template on page 61, carry out a risk assessment on at least three tasks you perform at work or in your home that relate to hazardous materials management. This might include cleaning tasks, fueling a vehicle, or chores at home such as painting, changing your car’s oil, and storing materials. When creating your assessment scenario, try to include a combination of material and/or confined-space or personal safety-equipment issues. You will reference these three job hazards when writing your “Final Paper.”…

    • 478 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Morragh Mine

    • 2209 Words
    • 9 Pages

    1. Identify the hazards in the case, which can be environmental, situational, human or ergonomic.…

    • 2209 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Task3 Sec2

    • 293 Words
    • 2 Pages

    Ratios are calculated from an organisation’s financial statements and are an effective business tool in measuring its performance. By comparing the ratios to those of the previous year it is possible to determine whether a business is doing better this year than last year.…

    • 293 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Capstone Project

    • 1471 Words
    • 6 Pages

    In order to understand a company’s successes of failures, one must first understand each of the characteristics used when looking at its financial documents. Liquidity, profitability, and solvency are all added up by using ratio analysis. Ratio Analyses involve dividing two numbers to get a number or percentage, which can then be compared to other companies in the same industry.…

    • 1471 Words
    • 6 Pages
    Good Essays
  • Better Essays

    In general there is a good level of compartmentation within the front of house areas of the building over the first two floors (public areas), currently due to breaches in external walls to the auditorium there is now a risk to the internal staff working within the two main office spaces over the upper two floors, this new risk requires the installation of two new temporary walls. The high degree of separation in FOH areas balanced by the very large open auditorium space and roof void create a risk rating of medium/high due to the ever changing risk from site works. Upon completion of the recommendation of compartmentalisation of the roof void and along with making good all minor/medium breaches in fire doors and…

    • 699 Words
    • 3 Pages
    Better Essays
  • Satisfactory Essays

    Hsc 037

    • 252 Words
    • 2 Pages

    Explain emergency procedures to be followed in the event of a fire in the work settingExplain the importance of ensuring that others are aware of own whereabouts?…

    • 252 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Within the past few years, the Occupational Safety and Health Administration (OSHA) implemented new employer rules concerning arc flash and the establishment of employee protection. (Foulke, 2006) The purposes of this paper it to increase knowledge about the hazards involving arch flash and how to establish the required protection zones.…

    • 1263 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Acc501 - Case 1

    • 1513 Words
    • 7 Pages

    Lowe, E. (2000). Edward Lowe Foundation. How to Analyze Your Business Using Financial Ratios. Retrieved February 22, 2012, from http://edwardlowe.org/index.elf?page=sserc&function=story&storyid=6335…

    • 1513 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    If we all stuck to our own beliefs we would all be alone and feel different from all others. By showing understanding and respect we can learn and respect each other and make for a happier place to be.…

    • 890 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    EDMG 240 Final Exam

    • 3351 Words
    • 15 Pages

    Use a laboratory hood with forced ventilation for handling small quantities. Use local exhaust to prevent accumulation above the exposure limits.…

    • 3351 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    Diploma Level 3

    • 290 Words
    • 2 Pages

    13. Explain emergency procedures to be followed in the event of a fire in the work setting (7.3)…

    • 290 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business Studies

    • 1050 Words
    • 5 Pages

    Evaluate the adequacy of accounting ratios as a means of monitoring the state of the business in a selected organisation, using examples.…

    • 1050 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    results to gain a better understanding of how their organisation is performing. The same ratios…

    • 426 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Mann Gulch

    • 673 Words
    • 3 Pages

    2. The second step in analytical problem solving was short circuited because they did not generate alternative solutions. (p. 175) Because Dodge was the only one who saw that the fire had crossed the gulch and he did not share that information, the others were not able to share any alternative solutions to maintaining the fire. Because other alternatives were not discussed, step 3 “Evaluate and select an alternative” (p. 175) was skipped entirely. In addition, step 4 “Implement and follow up on the solution” was also skipped. Dodge should have relayed the information to everyone but instead, it caused a total breakdown in the steps of problem solving.…

    • 673 Words
    • 3 Pages
    Good Essays