Business Risks for the Identified Solutions When reflecting on business risks for the identified solutions, here are some things to consider for your client:
Business Risks for the Identified Solutions
What changes of roles and responsibilities would be required with personnel changes?·
What is the succession plan? ·
What new systems or skills will employees need to gain?
In a recent meeting, managers and supervisors for the bank where you work expressed concerns about employees’ customer-service skills. Additionally, they wonder whether the bank should establish a specific set of procedures–especially for new employees. They have asked you to investigate the customer service practices at other local banks to determine what key skills bank employees should have and what procedures if any, should the bank adopt.
The submission should be no less than three but no more than four pages in length, excluding the title and reference pages.
Feel free to use any banks of your choice
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Quantitative Methods for Business Decision Making Skyline University College
Quantitative Methods for Business Decision Making
MAT 6001-QUANTITATIVE METHODS FOR BUSINESS
DECISION MAKING (P)
Name: ……………………………………………………………………………
ID: ………………………………………………………………………………….
LO2 (5%) LO3 (5%) Total (10%)
Maximum Marks
Marks Obtained
Case study- Starting Right Corporation
After watching the a movie about a young woman who quit a successful corporate career to start her own baby food company, Julia Day decided that she wanted to do the same. In the movie, the baby food company was very successful. Juila knew, however, that it is much easier to make a movie about a successful woman starting her own company than to actually do it. The product had to be of the highest quality, and Julia had to get the best people involved to launch the new company. Julia resigned from her job and launched her new company-Starting Right.
Julia decided to target the upper end of the baby food market by producing baby food that contained no preservatives but had a great taste, Although the price would be slightly higher than for existing baby food, Julia believed that parents would be willing to pay more for a high-quality baby food. Instead of putting baby food in Jars, which require preservatives to stabilize the food, Julia decided to try a new approach. The baby food would be frozen. This would allow for natural ingredients, no preservatives, and outstanding nutrition.
Getting good people to work for the new company was also important. Julia decided to find people with experience in finance, marketing, and production to get involved with Starting Right. With her enthusiasm and charisma, Julia was able to find such a group.
Their first step was to develop prototypes of the new frozen baby food and to perform a small pilot test of the new product. The pilot test rave reviews.
The final key to getting the young company off to a good start was to raise funds. Three options were considered: corporate bonds, preferred stock, and common stock. Julia decided that each investment should be in blocks of $30,000. Further-more, each investor should have an annual income of at least $40,000 and a net worth of $100,000 to be eligible to invest in Starting Right. Corporate bonds would return 13% per year for the next five years. Julia furthermore guaranteed that investors in the corporate bonds would get at least $20,000 back at the end of five years. Investors in preferred stock should see their initial investment increase by a factor of 4 with a good market or see the investment worth only half of the initial investment with an unfavorable market.
The common stock had the greatest potential. The initial investment was expected to increase by a factor of 8 with a good market, but investors would lose everything if the market was unfavorable. During the next five years, it was expected that inflation would increase by a factor of 4.5% each year.
Questions
Part-A- (LO2)(5 marks)
Sue Pansky, a retired elementary school teacher, is considering investing in Starting Right. She is very conservative and is a risk avoider. What do you recommend?
Ray Cal, who is currently a commodities broker, is also considering an investment, although he believes that there is only an 11% chance of success. What do you recommend?
Lila Battle has decided to invest in Starting Right. While she believes that Julia has a good chance of being successful, Lila is a risk avoider and very conservative. What is your advice to Lila?
Part-B (LO3)(5 marks)
George Years believes that there is an equally likely chance for success. What is your recommendation?
Peter Metarko is extremely optimistic about the market for the new baby food. What is your advice for Pete?
Julia Day has been told that developing the legal documents for each fundraising alternative is expensive. Julia would like to offer alternatives for both risk-averse and risk-seeking investors. Can Julia delete one of the financial alternatives and still offer investment choices for risk seekers and risk avoiders?
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Managing Innovation and Business Process Reengineering PART 1 – 1150 – 1250 worlds (About the theories, not the company)
Managing Innovation and Business Process
– To describe, in detail and in your own words, one or more innovation
theories of your choice – Describe the theory and not the company (deep knowledge of one major innovation theory will be enough as a basis for a high mark, and you should not choose more than two innovation theories)
– Detail Analysis of Sustaining and disruptive innovation theory
– Core features of the sustaining and disruptive innovation theory (Disruptive innovation model graphic is required)
– Core features of the SUSTAINING innovation concept of the sustaining and innovation theory
– Core features of the DISRUPTIVE innovation concept of the sustaining and innovation theory
– What are the weaknesses and strengths?
– The innovation value chain (Idea Generation – Conversion & Infusion)
– The importance and purpose of the sustaining and disrupting theories
Question 2 – This part of the work should be directed to talk about the company and also apply the theories (1250 – 1400 worlds)
– Use at least 1 paragraph to describe the company chosen
– Application of the sustaining and disruptive innovation theories in the context of the company
– Business Model Canvas – Picture is required (Put in black what the company did and keeps doing and in red the future innovations)
– Perform Business Process Re-engineering (Michael Hammer was one of the key people
– Talk about the company’s Business Model Navigator (Must choose one of the 55 successful business model patterns, which can serve as blueprints for the business model innovation efforts)
– Inputs towards the innovation process
– Impact of the innovation output
– Output from the innovation process
– Measures for assessing the activities within an innovation process availability of factors that can facilitate such a process
– Identify potential innovative ideas
– Using the theories, what might happen in the future with the company?
– Structure innovation – From the pass and for the future
3 – CONCLUSION (200 – 250 worlds)
4 – REFERENCES
5 – APPENDICES.
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Use the information provided in the resources to write a 5-page paper that discusses the ethical considerations for quantitative, qualitative, and action/evaluation research designs.
Explain the purpose of an Institutional Review Board (IRB). In your own words, describe the steps of the IRB process at Trident and provide a summary of the components required in the IRB application at Trident.
Finally, describe one professional code of ethics from an area of your choice.
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Business Ethics and Morals at Mercy Company Part 2 (Ethics) You are the assistant controller in charge of the general ledger at Mercy Company.
Business Ethics and Morals at Mercy Company
Your company has a large loan from an insurance company. The loan agreement requires that the company’s cash account balance is maintained at $200,000 or more, as reported monthly.
Business Ethics and Morals at Mercy Company
At June 30, the cash balance is $80,000 which you report to Zoe Chu, the financial vice president. Zoe excitedly instructs you to keep the cash receipts book open for one additional day for purposes of the June 30 report to the insurance company. Zoe says, ‘If we don’t get that cash balance over $200,000, we’ll default on our loan agreement. They could close us down, put us all out of our jobs!” Zoe continues “I talked to Buddy Distributors ( one of Mercy’s largest customers) this morning. They said they sent us a check for $150,000 yesterday. We should receive it tomorrow. If we include just that one check in our cash balance, we’ll be in the clear. It’s in the mail!”
Business Ethics and Morals at Mercy Company Required
Using the American Accounting Association’s format for ethical problems as a guide (see attached handout) answer the following questions:
Who will suffer negative effects if you do not comply with Zoe Chu’s instructions? Who will suffer if you do comply?
What are the ethical considerations in the case?
What alternatives do you have?
Write your answer to the question above and attach it to your printout from WileyPlus. The two responses should be emailed to me at profchu@aol.com
“Ethics and morals are synonymous. While ethics is derived from Greek, morals is derived from Latin. They are interchangeable terms referring to ideals of character and conduct. These ideals, in the form of codes of conduct, furnish criteria for distinguishing between right and wrong. ” Ethics has been a subject of investigation for hundreds of years. Individuals in financial positions must be able to recognize ethical issues and resolve them in an appropriate manner.
Source: Mary E. Guy, Ethical Decision Making in Everyday Work Situations (New York: Quorum Books, 1990), p. 5
Business Ethics and Morals at Mercy Company
Ethics affect all individuals—from the financial clerk to the high-level financial executive. Individuals make daily decisions based on their individual values. Some companies and professional organizations have formulated a code of ethics as a statement of aspirations and a standard of integrity beyond that required by law (which can be viewed as the minimum standard of ethics).
Ten essential values can be considered central to relations between people.
I . Caring
Honesty
Accountability
Promise-keeping
Pursuit of excellence
Loyalty
Fairness
Integrity
Respect for others
Responsible citizenship
Business Ethics and Morals at Mercy Company
Ethics can be a particular problem with financial reports. Accepted accounting principles leave ample room for arriving at different results in the short run. Highly subjective estimates can substantially influence earnings. What provision should be made for warranty costs?
What should be the loan loss reserve? What should be the allowance for doubtful accounts?
In 1988 the American Accounting Association initiated a project on professionalism and ethics. One of the goals of this project was to provide students with a framework for evaluating their courses of action when encountering ethical dilemmas. The American Accounting Association developed a decision model for focusing on ethical issues.
Determine the facts—what, who, where, when, how.
Define the ethical issues (includes identifying the identifiable parties affected by the decision made or action taken).
Identify major
Specify the alternatives.
Compare norms, principles, and values with alternatives to see if a clear decision can be reached.
Assess the consequences.
Make your decision.
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Throughout this semester you will work in a small group (maximum four persons) to analyse the strategic activities and decisions of a multinational company of your choice to establish a subsidiary in an international location. Please note that the MNC must not have a presence established in your target international location and you will be required to demonstrate this as part of your report.
The theme is Walmark in Nigeria
iii. Reasons for choice of location for the subsidiary;-
Certified B Corporations (B Corps) are being celebrated as one of the potential solutions to the ever-growing challenge of sustainability.
They are playing a pivotal role here, leading by example in what some may suggest is a possible evolution of capitalism. In the light of the above statement, critically evaluate a certified B Corp of your choice.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
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Submit a profile of your chosen struggling company. (Toyota)This milestone will serve as a rough draft and must cover the three critical elements described .As part of your summary, explain briefly why the company is struggling.
Prompt: you will focus on a struggling company and make your recommendations in a management improvement plan. Your recommendations will show how management performance, employee perception, and organizational success intersect. Resources related specifically to the struggling company listed are provided.
List of Companies and resources:Toyota (specific to recalls over the last decade)
