ABSTRACT STRATEGIC CONTINGENCY PLANNING By Karen Scott-Martinet Fall 2006 The objective of this study was to develop a strategic contingency planning model to be used to fully incorporate emergency management and business continuity into organization structures. (For the purpose of this study‚ Emergency Management and Business Continuity were collectively referred to as “contingency planning.”) Presently‚ contingency planning is mainly done on an operational or tactical level. Current
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products provided by more than one supplier‚ involves multiple expertise‚ and costs tens of millions of Rands. If a transformer fails‚ the cost of rectification can go as high as over 70% of the price of a new one. By so saying‚ risk management and contingency planning plays a key role in the management of such a project. In this report‚ the need and process of risk management as well as the types of risks in relation to the power transformer project are discussed. 2. PROJECT BACKGROUD A power transformer
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Reporting Contingencies and the Financial Statement When faced with a lawsuit you have to know whether or not to consider contingencies. According to Schroeder‚ Clark‚ and Cathey (2005) a contingency is a future event that could possibly have an impact on the firm. There are four different ways a contingency should come to view and they are income tax disputes‚ notes receivable discounted‚ accommodation endorsements‚ and what this company is dealing with a pending lawsuit. When a gain is possible
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Soviets disliked the Americans’ drawn out refusal to treat Russia as an acknowledged force of the international community. They were also upset at the United States’ delayed entry into World War II‚ resulting in over ten million Russian deaths. Post war‚ these complaints helped to form the basis of an overwhelming sense of mutual distrust and animosity. Russian expansion efforts raised American fears of a plan for Communism to control the
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Overview The expansion of a company takes not only takes leadership‚ but dedication and passion. QSR magazine’s article Over the Hill: 40 Years of SBUX highlights how a small company from Seattle expanded to the international company it is today. The writing discusses the journey of Starbucks’ early ages and the company’s current Chairman and CEO‚ Howard Schultz. The company was founded in 1971 by Gerald Baldwin‚ Gordon Bowker‚ and Zev Siegl with an initial investment of only $9000‚ with Schultz
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Research: Application of Contingency Theory to Leadership and the Team Dynamic By: Team Leadership & Motivation A Stajkovic Leadership & the Team Dynamic Introduction: As the focus of our final project‚ we have identified an issue within one of our team member’s organizations where a mismatch exists between the leadership style of the current Vice President of Human Resources and the environment in which he operates. We will use Fiedler’s contingency theory model as support
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International Travel Agency Business Plan Executive Summary Adventure Travel International (ATI) will begin operations this year and provide adventure and sport/travel packages to people in the Pacific Northwest‚ specifically the greater Woodville area. An opportunity for ATI ’s success exists because the national tourism and travel industry is growing at 4%‚ and adventure travel at 10% annually. Further‚ the Woodville adventure travel market is growing at least 12% annually and there are no
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Global Expansion: Ethical Challenges and Opportunities Josh Patillo AB Technical College ENG112-04 Abstract Global Expansion is a necessity for companies who are looking to grow their businesses and reduce costs. Global expansion‚ however‚ does not come without its challenges. When businesses choose to expand to global operations‚ it is important to properly train leaders in appropriate ethical negotiations with foreign officials. Once negotiations have been completed and business operations
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Case1. ANZ expansion Ansoff product –market matrix classification: Big 4 banks believe that it has limited opportunities to develop further within Australia due to the Australian Government legislative policy‚ consequently‚ they choose to take its existing products and services into other countries to grow.. Expanding into new geographic mkts: An organization is also likely to have strategic reasons for seeking out new mkt which including Maket-related factors : the size and growth of
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Westward Expansion The westward expansion happened in the 1800`s. It was a period of time when the United States was trying to obtain more states in the Union from throughout North America; it was titled the Manifest Destiny. One of the reasons was because immigrants wanted to come to America to have freedom of religion‚ uninhabited land‚ and access to special metals. Martin Van Buren (1837 - 1841)‚ William Henry Harrison (1841‚ he died of pneumonia in office)‚ John Tyler (1841 - 1845)‚ and James
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