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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The Stanford Prison experiment‚ in my opinion is a remarkable experiment . It isn’t ethical in the least but the results that have emerged have exceeded even what Mr.Zimbardo set out to do. The aim of seeing whether people change their basic personalities ‚ moralities ‚ values when subjected to an external hostile environment has been successfully proven. My honest opinion is that ‚ at that time in 1971 ‚ it was rational enough to think about going out of the way to get an answer to a particular
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The Stanford-Binet Intelligence Scale Robin Snyder PSY/525 October 22‚ 2012 Alyssa Oland The Stanford-Binet Intelligence Scale This paper will cover the historical significance of the Stanford-Binet intelligence scale. This scale was originally called the Binet-Simon scale. Albert Binet and Theodore Simon together created this scale. This scale was originally created for children. Intelligence testing became significant in the 21st century as it enabled mainly schools to
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PSY-362 Social Psychology and Cultural Applications Stanford Prison Experiment Directions: Answer each of the questions below with a minimum of 200-words. Use scholarly research to support your answers. Include APA in-text citations in your answers where necessary and list your reference at the end of the document. 1. Do you think that kids from an urban working-class environment would have broken down emotionally in the same way as did the middle-class prisoners? Why? What do you suppose the outcome
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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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Stanford University (Stanford; officially Leland Stanford Junior University‚[11] colloquially the Farm) is a private research university in Stanford‚ California‚ adjacent to Palo Alto and between San Jose and San Francisco. Stanford’s undergraduate program is the most selective in America.[12][13][14][15][16] Due to its academic strength‚ wealth‚ and proximity to Silicon Valley it is often cited as one of the world’s most prestigious universities.[17][18][19][20][21][22][23][24] The university was
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Opportunities‚ Threats‚ Strengths‚ Weaknesses and SWOT Strategies HEWLETT PACKARD Opportunities 1. The worldwide personal computer industry posted its fourth consecutive year of double digit expansion in 2006‚ recording 10 percent unit growth. 2. PC shipments in the Asia-Pacific region expanded by an estimated 17.6 percent in 2006 on a unit basis. 3. IDC’s “rest of the world” category‚ which includes Eastern Europe‚ Latin America‚ and the Middle East rose 22 percent on
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