Week 1: Introduction - Class Discussion Discussion The purpose of this discussion board is to provide you with a forum to discuss your newly discovered production and operations management concepts in light of current issues and real world situations with others in the class. In essence‚ it is a practice ground for ensuring that your reasoning and foundation of these concepts are secure. This portion of the course requires you to interact with your fellow classmates. After completing the textbook
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Week 1 Homework Assignment Are Layoffs Unethical? —Aaron Feuerstein and Malden Mills 1. Aaron Feuerstein became something of an overnight national hero by protecting his workers. Feuerstein said‚ “It was the right thing to do and there’s a moral imperative to do it‚ irrespective of the consequences. a. Was Feuerstein employing utilitarian or formalist reasoning? Explain. Answer: I believe he is a formalist because “the right thing to do and there’s a moral imperative to do it‚ irrespective
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Ch. 4 Notes Situational Analysis - A process planners use‚ within time and resource constraints‚ to gather‚ interpret‚ and summarize all information relevant to the planning issue under consideration. Goal - A target or end that management desires to reach. Plans - The actions or means managers intend to use to achieve organizational goals. Scenario - A narrative that describes a particular set of future conditions. Tying plans to a firm’s financials is a key element of success. Bottom
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CHAPTER 1. Introduction to the Field of Organizational Behaviour highlights rganizational behaviour (OB) is the study of what people think‚ feel‚ and do in and around organizations. It looks at employee behaviour‚ decisions‚ perceptions‚ and emotional responses. It examines how individuals and teams in organizations relate to each other and to their counterparts in other organizations. OB also encompasses the study of how organizations interact
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Week 2 Internal and External Factors MGT 230 August 1‚ 2011 Globalization Wal-Mart stores serve millions of customers globally each day – and they do their best to make certain that the products on their shelves are a sign of the diverse needs and wants of their customers. Wal-Mart states they are focused on four strategies and the top one is becoming truly global. (Wal-Mart Stores Factsheets). In 2010‚ Wal-Mart reduced the plastic bag waste across their global operations by 47
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Management Essay On GOOGLE Learning Team A Management Theory and Practice/MGT 230 Management Essay on GOOGLE There should be no doubt that the four functions of management (Planning‚ Organizing‚ Staffing and Controlling) is effected by internal as well as external factors. When dealing with internal factors it is easy to note that the companies with the most success tend to manage this area the best. Companies that capitalize
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Week 1 Assignment Armando Samia migosamia@yahoo.com 949 600 3240 Entrepreneurial Finance January 13‚ 2013 1.[Financing Concepts] The following ventures are at different stages in their life cycles. Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing. A. Phil Young‚ founder of Pedal Pushers‚ has an idea for a pedal replacement for children’s
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From looking at the ratio calculations Luna has a few things they could work on to help their profitability problems. I’ll start with looking at their operating profit margin which is steadily declining while gross profit is consistent indicating a large increase in operating expenses that have grown more than the percentage increase in sales‚ which in turn affects overall profit. Luna’s net profit margin return on assets is suffering consistently as well‚ but this is part of the decline in operating
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ASPECTS OF CONTRACT LAW 1) A contract by definition is a form of agreement that binds two or more parties who can involve in a legal relationship and will be bound to perform according to the terms and conditions that are agreed upon in the contract. 2) The essential elements of a contract are: Agreement: it is determined by the regulations of offer and acceptance. It is the most essential element and the very first one. An agreement is made when the offerer proposes his offer and the offerree
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Checkpoint: Motivation Explained PSY/230 March 5‚ 2013 Will Longstreet Checkpoint: Motivation Explained The three major motivation theories in life are psychoanalytic‚ humanistic‚ and diversity. Psychoanalytic: determinism‚ drive‚ conflict‚ the unconscious. Humanistic: self-actualization‚ Maslow’s need hierarchy‚ intrinsic motivation‚ self-determination theory. Diversity: Murray’s psychogenic needs‚ achievement. A time where psychoanalytic had happened in my life would have to be with
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