A small building contractor has recently experienced two successive years in which work opportunities exceeded the firm’s capacity. The contractor must now make a decision on capacity for next year. Estimated profits under each of the two possible states of nature are as shown in the table below. Which alternative should be selected if the decision criteria is: Indicate and incorporate recommendations to management in 200 words. You must respond to at least two of your classmates’ postings.
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1. Describe what is meant by motivation. What types of non-financial reward might a company use to motivate employees? Ans: Motivation may stem from personal interest such as keeping safe or from external factors such as praise and reward. Non-financial rewards: * appreciation of hard work * a sense of achievement * responsibility and empowerment * opportunity for advancement * a sense of challenge and enjoyment. 2. Describe the effects of an unmotivated workforce on a company. How
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The independent woman. Independence in women has got to be one of the greatest jumps in the history of television. For years in the entertainment industry women have been represented as a subservient service to the husband and children‚ incapable of doing anything great with themselves other then fulfilling their duties as a housewife and mother. Today‚ they are known to be capable of anything. Whether it is being a single mother‚ to being able to provide for herself‚ in pursuit of her dreams
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compliance is required of federal contractors and subcontractors. These requirements are enforced by the Office of Federal Contract Compliance Programs (OFCCP) who reports to the U.S. Department of Labor. These additional requirements are the Executive Order 11246‚ Section 503 of the Rehabilitation Act and Vietnam Era Veterans’ Readjustment Assistance Act of 1974. Executive Order 11246 establishes the requirement for Affirmative Action and forbids Federal contractors and subcontractors from employment
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Daniels_ Mary_ ASSIGNMENT 1 CHAPTER 1 1. Are people always an organization’s most valuable resource? Why or why not? 4 points The human capital is always the most valuable and import asset of any organization. It takes a person to create the vision for any business or non-profit enterprise and people to execute that vision and make it a reality. There are other significant assets within an organization‚ and all other assets have to be allocated to or managed by people. Organizations that
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Independent Consulting Agreement between International Relief and Development Inc. and VICTORIA GOTSCH This Consulting Agreement ("Agreement") is entered as of October 1‚ 2012 (the “Effective Date”)‚ between International Relief and Development‚ Inc. ("IRD")‚ located at 1621 N. Kent Street‚ Suite 400‚ Arlington‚ VA 22209‚ and VICTORIA GOTSCH ("Contractor")‚ located at‚ 1821 Marina Circle‚ North Fort Myer‚ Florida 33903 (together‚ the “Parties”). PREAMBLE 1. IRD wishes to engage Contractor‚ and
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................................................................5 How can my organization prepare for RAC………………………………………………………………………….5 What is RAC? In 2003‚ the Federal government started a demonstration project called the Recovery Audit Contractor program (RAC)‚ this program was first implemented in six States to help identify and recover funds that were overpaid to health care Federal Medicare/Medicaid program.(Georgia Medicaid RAC) In 2006‚ the Tax Relief and Health Care Act made the Medicare
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is important that I understand what independent learning is? Independent learning is a learning method that can be used as a tool by students to help achieve their final goal. It is important for students to understand what independent learning is particularly when planning on pursuing higher education as they will be expected to use their own initiatives while learning a wide range of materials. However‚ while this essay is to argue the importance of independent learning‚ it is also important to note
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As an independent teenager‚ I would say that I can do anything I want. I can precede living ordinarily without any disturbance and obstacle. But there are certain things that I can’t live without it. In the other word‚ my day will be ruined and fidget if I lost or missed the thing. One example of the thing I can’t live without is my Nikon D90. It is a Digital SLR camera. The camera brings me a lot of memories and sentimental value. I bought it by myself using my very own money and effort. It cost
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learnings from the relationship with Flextronics. The Legos main expectations were: A 1. The rapid cost cuttings so as to overcome the largest internal financial crisis in the history of company. 2. The problems of product development and distribution would be sorted out. 3. To reduce the production complexity by attracting large sub contractors. However‚ the deal was not successful and Lego learnt that 1. Outsourced facilities are always not effective and satisfactory. 2. The outsourcing only
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