ronGreg Newman ACC 707 Jones Ironworks 1) I agree with Freddie. The payment system would be more effective as a piece rate. This should effectively increase the employees’ incentive to produce efficiently. The piece rate will encourage higher production. It will benefit employees for them to know that if they work harder‚ they will get more money. Under the other system‚ they could work inefficiently and get paid the same amount as someone who was working much more efficiently. This encourages
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Emergency food is not a solution to the U.S food insecurity problem because they are insufficient‚ inappropriate‚ unstable‚ and condemning. This solution is insufficient because there is not enough food to be distributed. We saw how Barbie was trying to apply for food stamps‚ but she was rejected. There simply is not enough food or stamps to distribute to everyone‚ so even though she was in need of stamp because she was insecure‚ the government would not grant it. We saw how emergency food is inappropriate
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Case Analysis of Giant Foods. Introduction: This case involves convergent technologies‚ a blending of traditional and cutting-edge business models and an alliance between an established pharmaceutical provider and a fledgling‚ Information Technology based‚ Drug marketing firm. Together‚ these two companies endeavored to create a patient education and prescription drug compliance program by deploying the deep well of customer data acquired by Giant Foods and the proprietary software of Elensys
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Q1) Comment on the forecasting method being used by Yankee? Suggest changes that you feel are justified? Ans1) Yankee presently is using the qualitative method for forecasting future demand. Qualitative method as we know is subject to experts’ intuition‚ experience‚ and opinions. So each person according to his/her past experience‚ forecasts the demand for the future. For example‚ Phil Stanton who is in the operations makes his decision of producing in the future on the basis of demand forecast
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2. How much value is generated from cost savings associated with the project? In order to answer this question‚ we need to pay attention that all the revenue we used should be the number before tax‚ then Cost Baseline-Cost Upside=Net Income of Upside-Net Income of Baseline+ Revenue of Baseline-Revenue of Upside=693492‚ which is the value gathered from cost savings in five years. 3. How much value lies in improved revenues? As shown in the Excel above‚ the improved revenue accumulated in five
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1. Describe in words how costs are assigned in the Wilkerson’s current costing system. Discuss the pros and cons of this system. Wilkerson uses a simple traditional cost accounting system in which each unit of product is charged for direct material‚ direct labor and overhead costs. Material cost is based on the prices paid for component under annual purchasing agreements. Labor cost is charged to products based on the standard run times for each product. Labor rates‚ including fringe benefits
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COPYRIGHT MATERIAL M-Tel Call Centre data: What does it tell us? In May 2009‚ Esther Ching is three months into her role as manager of the complaints section of a call centre‚ located in India. The call centre is owned and run by M-Tel‚ a Malaysian telco company. Her section handles all billing complaints and service difficulties. The main products are landlines‚ mobile telephones and internet access. She is required to present a report about the performance of her section‚ as part of the regular
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1. What are the chief elements of the strategy that Whole Foods Market is pursuing? Taking into account the article‚ several pillars of the strategy can be determined. Several with bigger importance than others‚ but definitely essential to the success of Whole Foods. • Offer the highest quality least processed‚ most flavorful and naturally preserved foods available. • Creation of collective fate among stakeholders. • Open own new stores and acquire small owner managed chains in desirable
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Magnolia Therapeutic Magnolia Therapeutic Solution Case Study Elizabeth Meza BHSH/373 February 25‚ 2013 Magnolia Therapeutic Solution Case Study Magnolia Therapeutic Solutions is a nonprofit organization in New York City that specializes in psychotherapy for those individuals who suffer with Post Traumatic Syndrome Disorder‚ also known as PTSD. After the tragedy of 9/11‚ Magnolia Therapeutic Solutions was given a one year grant to assist any individuals who suffered from PTSD. The following
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(BMI)‚ 2011 1st Q‚ pp.47-48). This assignment is about Brasil Foods‚ the largest Brazilian producer of meat and dairy. Today it has leading position in almost all its domestic sectors and strengthening its presence on the global market due to its potential. The globalization provides company many opportunities. First of all‚ it allows company to expand its market. Secondly‚ it is expected to raise the importance of country during the food crisis. Brazil with its rich resources is expected to be the
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