Imagine you have decided to complete an internship in the field of early childhood education to help prepare you for a career after completing your degree. You have learned that one of the most prestigious schools in your city, ABC Early Childhood Center, will be accepting interns for the next school semester. There is a lot of competition for one of these placements. Click on the image below to access a PDF with instructions for completing your application for the internship and submitting your application to your instructor.
Autobiography: I am a passionate teacher with a strong aim to cultivate learning in young children through emergent curriculum.
Career Goals: I intend to work in an early childhood education field for purposes of exploiting the knowledge and skills I have acquired in school.
Preferred Age Group: I would like to work with children ranging in the ages of 3-5 years.
My Philosophy
Theory: I believe that children need a supportive environment both at home and school in order to gain proper development and learning (Pritchard, 2013).
Approach to Teaching: I like Montessori’s teaching approach because it provides a framework for a teacher to properly develop a child’s absorbent mind (Krogh & Estes, 2012). As a teacher, I need to be ready to assist and direct children. Every child learns through personal cycle of activities and is made to learn line with his capabilities.
Developmentally Appropriate Practice (DAP): This refers to the manner in which children are taught in accordance with the factors that are indirectly and directly consequential to their learning and development. DAP aims at helping children to realize optimal learning and development. It is important for me to understand the capabilities of every child in order to achieve optimal development (NAEYC website).
My Practice
Development Domains: I would use the gross motor developmental domain to help children in developing their physical muscles.
Home-School Partnerships: These partnerships help in getting the best out of children as they appreciate the fact that learning is a continuous process.
Trends/Issues: Home-school-community partnerships is the trending concept in the field of ECE. The internship will be a great opportunity for me to apply the learning theories and approaches studied in class.
National Association for the Education of Young Children (NAEYC): I will uphold NAEYC’s standards by making sure that every child is specially treated in manner that leads to his or her optimal growth and development (NAEYC website). In addition, I will utilize group work to promote interactions and teamwork.
References
Krogh, S. L. & Estes, L. (2012). Pathways to Teaching Young Children: an Introduction to Early Childhood Education.
W1 Clinical Assignment:
Define the Community at Risk
During your practicum you will use the follow guidelines to complete your final project and a community teaching project and paper.
Identify the target population Definition of the risk or problem and the significance ( e.g. teenage pregnancy, HIV, obesity).
The target population for this community teaching project will be all sexually active members of the community. This means that the married, divorced, separated and single adults as well as adolescents and commercial sex workers will be involved in this project. HIV knows not age, class, race, ethnicity, religion or even profession. It has the capability of infecting any sexually active individual who engages in irresponsible sexual behaviour with multiple partners. Information and awareness creation on HIV is therefore very essential for the young, the middle-aged and old members of the community (Crawford, Caldwell, Bush, Browning & Thornton, 2012).This population has been chosen because it is at the highest risk of being infected with HIV. The population will therefore be empowered with important information regarding HIV with the aim of reducing and eventually stopping new infections, caring for and treatment of those already living with the disease.
Definition of the problem
HIV has been a problem that has given medical researchers sleepless nights for so many years. It is indeed a great challenge for members of different communities given that up to date, there is no known cure for it. Everybody is at risk of HIV infection given that it is very difficult to tell whether one is infected or not unless a medical test is conducted. As for young people particular those going through there adolescence, the risk of infection is even greater because they lack adequate information on reproductive health and they are also likely to involve themselves in risky sexual behaviour due their strong peer influence. Adults who are married are not safe from HIV either. This is because a good number of married couples have been found to engage in extra marital affairs which have actually predisposed them to the risk of HIV infection. This means that HIV is silently spreading in marriages which were initially thought to be relatively safe. Infants have also not been left out due to the risk of mother to child transmission. Infection with HIV is not a barrier for women to get pregnant and therefore it would be important to educate expectant mother whether living with HIV or not on how they can protect their new born babies from acquiring this deadly virus (Sepúlveda, 2012). Another very common problem that relates to HIV in the community is stigmatisation of those who are living with the virus. Many HIV positive individuals have reportedly been living in fear or even hiding from other members of the society. This is a very serious problem that has also prevented them from accessing their medication which has led to further deterioration of their health.
Significance
This project will play a very crucial role not only to members of the community but also to the public health and nursing profession. Members of the community will be able to learn a lot pertaining to HIV and with such kind of information, new infections will have a significant decline if not a complete halt. This is because some new infections usually occur as a result of ignorance and the moment awareness is created among community members, such cases will definitely decrease. The project will also enable community members to learn about home-based care of people living with HIV since it is a chronic disease. It would also be important for people to be informed about the signs and symptoms of HIV so that they can seek early medical attention before the virus advances in their bodies. Most importantly, the project will be encouraging people to go for frequent voluntary counselling and testing for HIV so that can get to know their status and take appropriate action. Those who test positive for the virus will of course be counselled and prepared to start antiretroviral therapy where as those who test negative will be enlightened on how they can continue protecting themselves against the virus (Kuznetsov, Matterne, Crispin & Ruzicka, 2013).
References
Crawford, T., Caldwell, G., Bush, H. M., Browning, S., & Thornton, A. (2012), Foreign born status and HIV/AIDS: A comparative analysis of HIV/AIDS characteristics among foreign and U.S. born individuals. Journal of Immigrant and Minority Health, 14(1), 82-8. doi:http://dx.doi.org/10.1007/s10903-011-9455-8
Kuznetsov, L., Matterne, U., Crispin, A., Ruzicka, T., Zippel, S. A., & Kuznetsov, A. V. (2013), Knowledge, attitude and behavioral intention to act regarding HIV infection and prevention in immigrants from the former soviet union in Germany: A comparative study with the native population. Journal of Immigrant and Minority Health, 15(1), 68-77. doi:http://dx.doi.org/10.1007/s10903-012-9671-x
Use the information provided at the end of this paper to craft a problem statement. I have provided some guidelines hear below send to us by the prof. The writer must stick with the guidelines and must use the template. As a matter of fact the prof insisted that the writer follow the example provided in the template and insert the problem statement directly in the template. It’s critical that the writer stick with the instructions giving hear and in the template. I have also attached the rubric with the template for additional guidance.
Please take a look at the week 1 template I emailed you and format the problem statement in accordance with the template.
First clue, the problem statement should be one paragraph only.
Second, it should only have four sentences.
Third, those four sentences should be:
1. Hook
2. Anchor
3. General Business Problem
4. Specific Business Problem
Take a look at the template and it should become clear as to how you should write the problem statement.
Employee job satisfaction and productivity
The general business problem is that reduced level of productivity is being affected by absence of strategies to motivate employees, which has resulted in reduced profitability (Arogundade & Arogundade, 2015).
The specific business problem is that that management of organizations such as SME place more emphasis on increased productivity without providing motivation and psychological support to their employees resulting to job dissatisfaction and consequently low productivity (Deepa, Palaniswamy & Kuppusamy, 2014).
The purpose of this study is to examine the cause of employee dissatisfaction with their jobs in SME to find an amicable ways to manage this problem to help improve in the level of productivity
Studies indicate that highly motivated employees are highly satisfied and this translates into increased productivity (Deepa, Palaniswamy & Kuppusamy, 2014). Every organization that has ambitions to succeed must invest in right employees by ensuring that they provide rewards as well as psychological motivation (Arogundade & Arogundade, 2015). This will help such entities increase in their level of profitability hence be in position to provide better working conditions. Labour turnover will decrease, labour costs will reduce and conflicts and absenteeism will reduce. Employee dissatisfaction is one of the reasons that make many employees to shift to other jobs in other organization. Furthermore, decreased employee morale has a negative impact on productivity of an organization.
References
Arogundade, O., & Arogundade, A. (2015). Psychological Empowerment in the Workplace: Implications for Employees’ Career Satisfaction. North American Journal of Psychology, 17(1), 27-36.
Deepa, E., Palaniswamy, R., & Kuppusamy, S. (2014). Effect of Performance Appraisal System in Organizational Commitment, Job Satisfaction and Productivity. Journal of Contemporary Management Research, 8(1), 72-82.
SAMPLE ANSWER
Problem Statement
The Matrix solutions company is a great company that deals with supplies chain management of electronics to retailer shops. The company has employed many specialists in marketing to assist in its daily transactions. The employees range from the top management team, administration team and also the main suppliers of the electronic materials (Sanicola, 2012). The company has to ensure that there is efficiency in the delivery of electronics to the client for smooth running of the business (Stack, 2013). Various factors will determine the success of business transactions carried out by the company.
In the year 2002 five years after the establishment of the Matrix company, it had a total of 500 employees that transacted businesses to ensure the company attains 7% growth as compared to the previous two years(Zenoff,2013). As of the year 2010, the company recorded a loss of 100 employees who had gained some experience despite the low number of 50 new employees consequently leading to 10% decrease of total sales (Zenoff, 2013). The general business problem is that the lack or minimal number of reward and benefits programs has lowered productivity in terms of electronic sales made by the company after annual financial transaction calculation. The specific business problem is that lack of reward programs that motivate the workers in their work are not used, this leads to poor retention of quality and experienced employees which consequently lead to productivity inefficiencies (La, 2011).
The study purpose will investigate the implications of not motivating the workers effectively. Studies have shown that poor retention of experienced and quality workers is one problem. The poor rewarding system for workers that bring high profits to the company might demoralize them due to lack of effective recognition. Motivation has proved to be effective in contributing to the success of the company.
References
La, G. O. (2011). Economic growth and development. Bingley, U.K: Emerald.
Sanicola, L. (2011). Employee benefits basics. Scottsdale: WorldatWork Press.
Stack, L. (2013). Managing employee performance: Motivation, ability, and obstacles. Highlands Ranch, CO: Productivity Pro.
Where to get rich information about Data Center Management
Memorandum;Where to get rich information about Data Center Management
Order Instructions:
Could you help me to create a memo about Installing WAN. I will upload the requirement and background of it. Thank you so much.
The Requirements
From: Anita Lotta-Help
Date: Module Four
Re: Where can I learn more about Data Center Management?
I need your help. I have to bone up on the current issues with managing medium to large data centers before my meeting with the CIO in two weeks. I know about several blogs that cover these topics, but the blogs are hit or miss. I’ve read the Wikipedia pages, but what I am in need of are some key industry white papers on these subjects. I don’t need basics, but what are the current trends and issues?
Could you guide me to these things?
First, I have time to read about 4-5 papers around the topic. What are the key papers (using either these or other keywords) that I should read?
Second, I’d like to know where to go to find the richest repositories of media and industry whitepapers (or academic papers if you can find them) about these—and related—subjects? Can you provide me with the best sites (at least 3, along with a short description of each) you know about?
Could you get something to me by the end of the workday in two weeks? I am looking for two pages at the very most—in annotated list form this time. Thanks.
(Annotated list form: Lists the article title, it’s URL, and a summary of what I’ll learn if I read the article, including its strengths and weaknesses). It is okay to use sites that require registration, or are on the DePaul library site (like Gartner). Stay away from books, too old. Also, all articles should be less than two years old. Please draw from more than 2 sources (so if you use Gartner for one, you must find other sources for your remaining articles)
The background
Times-R-Us (TRU) is a growing brick and mortar retailer with just over 200 US stores specializing in seasonal items. TRU stocks its stores from January to mid-February with Valentines gifts; from March to May with Easter and Mother’s Day gifts, from June into the summer with Fathers Day gifts and backyard leisure items; in August with back to school items; in October with Halloween costumes; and from November to December with Christmas gifts. By turning over inventory, its small retail stores are always in busy season—with very brief discount sales following each season. TRU currently does not have a significant online sales presence, although it uses the web for customer support.
TRU’s corporate offices are in Hoffman Estates, IL. It has nine regional offices and distribution centers in: Syracuse NY, Greensboro NC, Pensacola FL, Grove City, OH, Bennett, CO, Denton, TX, Portland OR, San Luis Obispo CA, and Hoffman Estates. The company grossed $475 million in sales last year and netted a $40 million dollar profit. It is growing at a rate of about five percent a year and opening about 10 new stores each year.
Payne Indaneck, the CIO, works from the corporate office. Each regional IT staff is run by a Technical Director. So there are eight IT centers with the Hoffman Estates operation doing corporate support as well as regional operations. Anita Lotta-Help is the Technical Director in Hoffman Estates. You work for Anita.
The IT centers are connected by using AT&T as the service provider (currently leased line T1 from Corporate into the Regionals and SDSL from Regionals into the stores. HQ also has an Internet connection and a separate connection for their web server (also with AT&T, both T1 speeds). AT&T also provides the voice links. The Regionals and stores do not have Internet connectivity except through HQ. TRU also uses RackSpace for offline archival storage. Each of the 200 stores is able to tie into the RackSpace service (through HQ) for reporting. The stores are running a POS (point of sale) system, storing daily sales data at a local server (rather than at each register). Each night the sales data is transferred to the region, which aggregates the data and sends it to HQ. Hoffman Estates is running an open source ERP system called OpenBravo, which may or may not scale as the company grows. Right now OpenBravo is housed primarily rk-v1.0
in Hoffman Estates and inventory data is distributed out to the data centers and retail stores and sales data is uploaded to HQ once per day via the leased lines. TRU makes use of a third party credit card processor and so no customer data is collected or stored on TRU servers (this traffic goes through HQ to an internet based location via VPN-type appliance at each store). We can get customer data from the processor (for recalls and marketing if necessary).
In addition, TRU manages its internal email using an MS-Exchange product hosted in Hoffman Estates, and has rolled out MS-Office w/MS-SharePoint as its officing solution and collaboration support. MS-Exchange and the TRU website are hosted on four load-balanced in-house servers in the corporate data center (so all email traffic traverses the WAN to/from HQ and the internet). OpenBravo runs on two 8 core application servers with mirrored onsite backup. There are fifteen IT staff people in the corporate office (development, OpenBravo maintenance, computer operations, and staff tech support) and an average of five in each regional office (the number due largely to travel demands among regional staff to visit retail stores for repair, maintenance, and upgrade of hardware, and software.) Total staff at Hoffman Estates is about 175 (including IT).
HQ is a 6 story building of which TRU currently occupies the top 4 floors (about 50 people per floor, with total space per floor of about 7500 sqft [100x 75] and a small data center on the first floor). We own the building so there is room to expand if necessary. The current horizontal cabling (10mbps, star wired using hubs) was in place when we bought the building several years ago. The networking equipment in the TCs is 6 years old (end of life). Current backbone cabling is 100 mbps capable and uses L3 switches at the core. Most people work in “open office” cubicles but there are offices or conference rooms in the four corners of the building. All desktops, laptops, and printers are less than 3 years old (and are generally on a 3-5 year replacement cycle). Sixty percent of HQ staff use only laptops. The data center network on the first floor is undergoing an upgrade to a modern configuration (consider the data center core, distribution and access layers to be current).
You have just finished your degree at DePaul University and have been hired onto Lotta-Help’s staff as an executive assistant to analyze, evaluate, and execute plans for developing a cloud- based IT in a way that will support growth of the company toward doubling its current size over the next ten years.
What follows are a series of memos from the Technical Director to you. She likes to receive back two page memos that clearly and concisely lay out issues for her. Anita doesn’t like being told basics she already knows (assume she took IS 324); and doesn’t like to read a lot of extra fluff. But she does want meaty information. She encourages (read that requires) the staff to provide background sources and citations (more than two) so she knows where to turn to dig deeper. Oh, and one of Anita’s mottos is: “I can read Wikipedia myself! Tell me something I
don’t know.” (in other words DON’T use Wikipedia as one of your cited sources) Also, she is looking for YOUR thoughts so lots of quotations won’t cut it (keep it to less than 15% of your memo if possible).
When she issues a research memo, she expects a clean, clear, and complete response within the given time frame (check the schedule), by end of business day (5:00pm) but you should be ready to discuss the material the in our “regular meeting” [in class].
SAMPLE ANSWER
MEMORANDUM
To:
Cc:
Name:
Date:
Subject: Where to get rich information about Data Center Management
Configuring a WAN and managing a Data Center require rich information and good sources that one can obtain information. On the same note, requires step by step guide to help in installation of AT&T, internet connection, server configuration and Point of sale system to ensure that business is running well. I have prepared a list of credible and reliable sources that can provide the required training, insights and valuable tips for Data Center Management, and a well-prepared troubleshooting guide.
This site provides guides and instructions about how to configure a Wide Area Network with multiple wan connections (Spiceworks, 2013). The site also has discussion forums where you can paste your questions and discuss with other technology experts.
This website provides a simplified guide to data center management. The site also features different “how to’s” to help you learn how to do different IT related stuff. This site is ideal to learn concepts relating to data center management. The site also has a lot of discussions relating to data center management and setting up of servers.
Certified Data Center Management CNet Training.com
This company hosts some of the best IT guru’s who are well informed about Data Center Management. The site provides certifications for Data Center Management Professionals (CNet Training, n.d.). They also offer expert advice and live charts once you have registered with them.
Therefore, before upgrading the systems, the technicians can obtain information from the above-discussed sites. The sites contain a lot of information about Data Center Management and how to configure WAN. These sites update its members through email services. It provides current information about Information technology, data security, computer configurations and networking among others.
There are few online clients who are just ready to connect with any online store through its sites and if customers determine an online store as untrustworthy and undependable, then economic impact of this factor on the overall business will be considerable. This is the reason why effective strategies should be made by the organisations in order build and keep up trust in consumers towards internet shopping. The purpose of this assignment is to analyse strategies in which trust is built and maintained by the organisations for the customers towards online shopping and how competitive advantage is obtained by the organisations by using e-commerce as a e marketing tool.
Assignment Task (25%)
You are required to determine and evaluate strategies that build and maintain trust in consumers towards online shopping so that they are attracted to purchase products and perform repeat purchase.
Your report should include the following:
1. Assessing in which way organisations obtain competitive advantage by utilizing e-commerce
2. Analyse in which way organisations attract customers through social media to buy their products online and to promote sales.
3. Critically analyse the strategies that organisations use to build and maintain trust in consumers towards internet shopping.
The Task is an individual report and must be presented in a report format (1,500 words). It is important that your report is properly structured.
Below is an indicative structure for your report:
Title Page
Table of Contents
A list of all the chapters, sections, headings, and sub-headings. Appendices and Figures should be provided as well as all page numbers as clearly as possible.
Executive Summary
Introduction
Conclusion
Reference List / Bibliography:Your report should include references to the appropriate e-commerce and marketing literature (textbooks, journals and websites).
PLEASE TAKE YOUR TIME AND READ MY REQUEST.
IT IS 1500 words and remember that this paper work is from United Kingdom not from America college,
SAMPLE ANSWER
ABSTRACT
Use of E-commerce is gaining popularity in the globalized world market. Most business organizations in the retail sector have factored in e-commerce in their business models and are gaining a lot of profits. E-commerce is gaining popularity because e-commerce model offers a wide variety of products, and the platform reaches more new markets and niche markets (Lee, 2012). E-commerce also utilizes the notion of an endless supply of goods enhancing business operations. This paper conceptualizes the notion that online stores are gaining popularity and that untrustworthiness and undependability can ruin the reputation of such organizations. The paper provides insights through analysis of strategies in which trust is built and maintained in the dynamic online market. On the same note, the paper provides ways in which organizations can gain a competitive advantage by adopting e-commerce in their marketing model.
TABLE OF CONTENTS
Introduction………………………………………………….…………..…….4
Ways in which organizations obtain competitive advantage by using e-commerce………………………………………………………………………………….…4
Social media as a marketing tool……………………………………………..….5
Strategies that organizations use to build and maintain trust in consumers towards internet shopping……………………………………………………………….………………6
Recommendation……………………………………………..……………………8
Conclusion…………………………………………………………………………8
References……..……………………………………………………………………10
Introduction
E-commerce as a marketing tool is gaining an advantage with as technology advances. Research shows that the online shopping tendency is increasing. And organizations adopting e-commerce to market their goods are enjoying increased sales due to; widespread of the internet across the globe, the convenience of online stores (Turban et al., 2015). And on the same note, increasing importance attached to online shopping by leading supermarkets such as Wal-Mart and LeShop. Most organizations no longer engage in price wars to win customers. Instead, they invest in knowledge, corporate social responsibilities, and a good customer relation defines well-positioned and profitable companies. For e-commerce to function directly and increase sales, it must be tied to customer relationship management (CRM). E-commerce provides a platform where the trading relationship is forged and maintained. Organization must develop shopping sites with unique selling propositions as a basis of differentiation from other organizations to gain competitive advantage. E-commerce refers to the transaction of business by a personal computer, mobile phones or other devices connected to a communication network. It is the realization of the whole value chain of a business process in an electronic environment, achieving the goal of buying and selling of products, services or information.
Ways in which organizations obtain competitive advantage by utilizing e-commerce
E-commerce enables organizations to expand its market base across the globe. Powerful e-commerce tools enable business organizations to reach buyers anywhere in the globe without the need to add staff and overhead costs in satellite business premises. However, to gain a competitive advantage business should understand cultural values for different people and market their products in a friendly manner without raising ethnic or racial differences (Huang & Benyoucef, 2013).
The depth and effectiveness of online product catalog also provide a competitive advantage to business organizations. Modern e-commerce tools enable organizations to merchandise goods tailored to customer needs. Customers can search online stores based on customer profile, histories and search terms to assess products. This personalization of goods enables enterprises to showcase on superior product knowledge and thus earn customer loyalty. Therefore, an organization should develop good and effective product catalogs that can feature products that online shoppers are interested.
Small business also obtain a competitive advantage by using e-commerce is that it allows such organization to offer differentiated experiences by specializing in specific market niches or segments. The use of information technology and e-commerce enables organizations to observe trends and develop strategies based on the behavior of customers and potential customers. This can be achieved using customer relationship management (CRM) and Business Intelligence (BI) (Kwahk et al., 2012).
Social Media as a Marketing Tool
Social media is a powerful tool that a business organization uses to market their products to attract customers to make online purchases and promote sales. Social media such as Facebook, Twitter, Instagram can be used to generate website traffic. By sharing SEO blog posts, pictures and videos and other content from the company site makes social media click through and surf on your site. Once they are in your site marketers can inspire these visitors to make purchases, consult or even sign up for a mailing list hence increase the customer base and sales.
Social media is used to build brand and organization reputation. Organizations use social media as a brand building tool. A company can build organization reputation and brand by consistently creating great content revolving around the company’s advantages, values and benefits (Lee, 2014). Because online shopping is built upon trust, reliability and credibility, reputation, and brand recognition is vital to winning customers purchase products from a company website. By engaging customers in a creative way, organizations can build their brand based on core values. On the same note, the companies will be able to understand customer needs through informative conversation and hence help in attaining business sustainability.
Social media provides repeat exposure to company products and profile. Social media provides a company an opportunity to remind the customer over and over again about the products they offer this can increase sales made through online shopping dramatically. With effective social media marketing strategies, an organization can post informing photos, product reviews and videos about what they offer repeatedly to target customers (Close, 2012). Therefore, increasing chances of making sales and shorten the sales cycle dramatically.
Organizations can build authority using social media. Be as it may, social media helps new businesses establish authority and credibility in your field. Service based business use social media as a way to create presence and awareness for their services. Other ways that can be associated with social media as a means of creating competitive advantages and increase online shopping include: social media can enable an organization to land in huge contracts. Social media provides an opportunity for an organization to understand customer taste and preferences and also understand customer views to help in developing better products.
Strategies that organizations use to build and maintain trust with consumers towards internet shopping
According to Jonathan Lee (2014), trust is a strategic asset for a business organization that engages in e-commerce and online shopping. Business enterprises spent ages in building trust and therefore it is paramount that organizations grasp the consumer’s perceptions towards privacy and credibility. Organizations also need to develop native digital brands to build and maintain trust by connecting with customers in unique ways.
Building trust through transparency: transparency is critical for a company to establish its presence and win customer trust to purchase their products online. Companies should embrace transparency and use this during online conversations.
Accountability: Companies should engage with their customers openly through social media to ensure there is accountability. Companies should always prove themselves accountable for providing quality services, great products, and good customer service. The company can always use fun and simple engagement but ensuring that ethics and a good code of contact are always maintained.
Ensuring customer privacy: Organizations can build trust in consumers towards internet shopping by ensuring data privacy. Organizations should invest in customer confidence. Most customers are complacent in behavior when it comes to their privacy and breaching this trust can harm customer relationship.
Delivering what is promised: organizations should market exactly what they have instead of duping customers with catchy product review and promising quality while their products are substandard (Lee, 2014). Enterprises should ensure that they deliver to the customer what they promise during the advertisement campaign so as to win customers trust towards internet shopping. A discrepancy between what is promised in digital platforms and the product can hurt a band reputation.
Corporate Social Responsibility: engaging in CSR can help an organization to build trust with their customers. A Socially responsible company gains more sales because their clients know that they are not interested in profit only, but also giving back to the society (Lee, 2014).
Recommendations
The secret to online shopping is creating a credible brand and winning customer trust. Therefore, business organizations should invest in building strategies that can help in building a reputation and build customer trust. Organization should develop depth product catalog and innovative product reviews that provide detailed information about the products and services the company offers.
Business enterprises should also engage in spending a considerable amount of time and resources to invest in understanding customer needs. This can be achieved by marketing and communicating with prospective clients using social media. Developing marketing strategies and utilizing e-commerce tools amid using social media to build trust and accountability can increase online presence. Therefore, increasing online shopping hence increasing sales volume, sales cycle and help an organization achieve organizational goals and business sustainability.
Conclusion
E-commerce is one of the powerful marketing tools that can help the organization achieve success. Organization can use social media effectively to drive a potential customer towards the company site to make online purchases. However, caution should always be adopted to ensure that organization reputation is build to help in winning customer loyalty. Organization should ensure that they provide genuine products as promised through advertisements in social media to ensure that they win customer loyalty (Lee, 2014). On the same note, business organizations should ensure transparency and accountability in online business strategy to so as to win customers to make online purchases. Privacy with customers should also be maintained because customers prefer to keep confidentiality when making online purchases. And as such, business enterprises can enjoy thriving sales through online shopping.
References
Lee, I. (2012). Electronic commerce management for business activities and global enterprises: Competitive advantages. Hershey, PA: Business Science Reference.
Turban, E., King, D., Lee, J. K., Liang, T. P., & Turban, D. C. (2015).Electronic commerce: A managerial and social networks perspective. Springer.
Huang, Z., & Benyoucef, M. (2013). From e-commerce to social commerce: A close look at design features. Electronic Commerce Research and Applications, 12(4), 246-259.
Kwahk, K. Y., & Ge, X. (2012, January). The effects of social media on E-commerce: A perspective of social impact theory. In System Science (HICSS), 2012 45th Hawaii International Conference on (pp. 1814-1823). IEEE.
Close, A. G. (Ed.). (2012). Online Consumer Behavior: Theory and Research in Social Media, Advertising and E-tail. Routledge.
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The Need for Careful Investment Appraisal of Projects
The Need for Careful Investment Appraisal of Projects
Order Instructions:
Dear Admin,
•Consider the main ideas relating to the need for careful investment appraisal of projects.
•Consider how sensitivity and scenario analysis can be used in capital budgeting decisions.
•Discussing an example related to different capital investment appraisal techniques
•Offering examples of sensitivity analysis within the context of capital budgeting decisions
•Extending the discussion into new but relevant areas regarding financial management.
Also,
1) The answer must raise appropriate critical questions.
2) Do include all your references, as per the Harvard Referencing System,
3) Please don’t use Wikipedia web site.
4) I need examples from peer reviewed articles or researches.
5) Turnitin.com copy percentage must be 10% or less.
Appreciate each single moment you spend in writing my paper
Best regards
SAMPLE ANSWER
Introduction
A principled decision-making process includes the collection of all information that is accurate for any organization seeking for avenues for investment. Investment appraisal, therefore, remains an integral part that requires appropriate decisions. An assessment determines the allocation of the organizations financial resource among the varying market opportunities.
Organizations, therefore, need to employ the functions of project appraisal to disclose an analysis of a project and to determine whether particular projects should be implemented or not (Adler, P. 15, 2000). An appraisal therefore derives avenues through which an organization can determine the alternative approaches geared towards selecting an optimum solution with respect to the size of a project, its location, technology, engineering, organizational set-up, the size of a market, economic and social aspects, and financial cost-benefit. This paper therefore seeks to focus on the elements of a projects appraisal.
The Need for Careful Investment Appraisal of Projects
It is significant to acknowledge that business enterprises make their investments over their long-term assets. In the event that such an entity has limited capital, there is a need for great care while considering the development of a program, a factor that necessitates the incorporation of an investment appraisal.
Investment appraisal therefore requires an organization to make significant decisions on their capital investments through an analysis that is carried out to decide whether such an entity should channel its funds to a particular investment process whose returns are more likely to be realized within a short period of time (Adler, P. 15, 2000). An appraisal drives an organization’s stakeholder into generating, evaluating, and following up on an investment alternative that would suit an organization’s state.
There is consequently a need for a careful investment appraisal on organizations projects to determine decisions that would prove beneficial for the organization before undertaking any project. Such decisions would include evaluations on organizations expenditures and the benefits of returns from such expenditures over a period (Damgaard, & Elkjaer, Pp. 245-260, 2014). These decisions have an impact on the long-term profitability and flexibility of an organization. It is also crucial to mention that the success and failure of an organization would be determined by the quality of an investment appraisal developed for an organization. Capital Budgeting
Capital budgeting mainly concerns an organization’s analysis it’s potential projects and remains one of the most significant decisions that managers need to critically make. The capital budgeting therefore involves a systematic evaluation of the amount of capital an organizations should invest in a project including the specific assets that this organizations can employ to meet an investments goal (Damgaard, & Elkjaer, Pp. 245-260, 2014). According to sources from the financial literature, this process is described as an organization’s long-term investment. The success of a capital budgeting process lies in the evaluation through a forecast and monitoring procedure. The success of a company, therefore, depends on the appropriate choice of a capital budgeting system for investment decisions of an organization.
In the event that an organization faces challenges with limited sources of capital, managers go through a sensitive and scenario analysis to carefully decide whether a particular project can viably meet the organizations economic situation. In a case where the organization has more than one project, the management is required to identify the primary project that will bring returns to the value of the organization (Dragotă, & Dragotă, Pp. 1-7, 2009). Through this, the process of capital budgeting is brought on board. The commonly used technique in evaluating the capital budgeting process of a project includes the payback method that determines the time limits of an organization in recovering its cash outlay.
The different capital investment appraisal techniques
There are four types of investment appraisals that companies can undertake in determining the rewarding projects within its objectives. The four typologies can be classified into two main categories; the ARR and payback period which includes a non-discounting approach while on the other hand the NVP and IRR include the discounting methods. The ARR approach of appraisal mainly measures the accounting profit rate by dividing an organization’s average income with the average investment.
The payback method calculates the time length that an organization can employ in recovering its initial investment from its operating cash flow in a project (Dragotă, & Dragotă, Pp. 1-7, 2009). A shorter payback period may be a preferred method for an organization since it capacitates an organization to generate equal levels of cash for an initial investment over a short duration of time, also viewed as a proxy of risks. It is significant to mention that the payback approach primarily ignored the element of time value of organizations returns.
The NVP approach also calculates the bet value of an organization’s project by discounting its cash flow in a manner that reflects the risks that would be associated with the cash flows. This, therefore, offers an organization the advantage of the NVP method over a discounting approach. The NVP method, on the other hand, assumes the maintenance of the capital a factor that less happens since cash flows change with time (Sangster, Pp. 307-332, 2003). Sensitivity Analysis within the Context of Capital Budgeting Decisions
Sensitivity analysis within an organization determines how critical an output is to change inputs while also keeping the other inputs constant. The sensitivity analysis is important since it enables a user to determine how dependant an output value is on each and every input. A sample example of this can be determined below;
A construction company decides to build a road that is 20 kilometers long within a city. The company bids for a $1 from vehicles that pass through the road for a period of 100 years. The chief engineer resorted to and NPV of $ 1,218 million over the project with an assumption of cash flows at the end of the year (Sangster, Pp. 307-332, 2003). He made an estimate of an average cost of capital at 12.1% of the daily vehicles passing through the road approximated at 1,000,000. His daily operating expanse stood at 3% of the total revenues and a cost of $ 2 billion. In determining the sensitivity in the net value of this project input, the approach below will be essential.
Solution
Net present value of the WACC is assumed to be 12.1%
Daily traffic of vehicles= 1,000,000
Daily operating expenses 3% of an initial cost of $2,000 million
Present value of the project=$925 million
Determining the percentage output would require;
-24.01% ($ 926million× $1,218 million) ÷ $1,218 million) over corresponding input of 10% (12.1%-11%) with an output of 1%.
This calculation therefore shows the relationship between the negative sensitivity and the output and inputs in the project.
Financial Management
The investment appraisal method has some ties with the financial management approaches within an organization. Financial management involves the processes of planning, organizing, directing and controlling organizations financial activities (Tegarden, Pp. 5-14, 2013). It involves the aspects of applying the general managerial principles into the financial resources of an organization.
Conclusion
Out of this, it is therefore relative to summarize that an appraisal derives avenues through which an organization can determine the alternative approaches geared towards selecting an optimum solution with respect to the size of a project, its location, technology, engineering, organizational set-up, the size of a market, economic and social aspects, and financial cost-benefit.
References
Adler, Rw 2000, ‘Strategic Investment Decision Appraisal Techniques: The Old And The New’, Business Horizons, 43, 6, P. 15.
Damgaard, J, & Elkjaer, T 2014, ‘Foreign Direct Investment And The External Wealth Of Nations: How Important Is Valuation?’, Review Of Income & Wealth, 60, 2, Pp. 245-260,
Dragotă, V, & Dragotă, M 2009, ‘Models and Indicators For Risk Valuation Of Direct Investments’, Economic Computation & Economic Cybernetics Studies & Research, 43, 3, Pp. 1-7,
Sangster, A 2003, ‘Capital Investment Appraisal Techniques: A Survey Of Current Usage’, Journal Of Business Finance & Accounting, 20, 3, Pp. 307-332
Tegarden, Tk 2013, ‘Income Approach Techniques In Central Assessment Appraisals’, Journal Of Property Tax Assessment & Administration, 10, 3, Pp. 5-14
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Many businesses around the world still fail because their capital investment decisions are based upon a calculation on the back of an envelope and do not take any of the correct factors into account. Even larger businesses often get this wrong. This is a true sign of poor resource management.
Do you agree or disagree? Discuss the alternative methods of investment appraisal and describe the limitations of these to help justify your arguments. How do you think that capital budgeting decisions should ideally be made by different types of organisations?
Also,
1) The answer must raise appropriate critical questions.
2) Do include all your references, as per the Harvard Referencing System,
3) Please don’t use Wikipedia web site.
4) I need examples from peer reviewed articles or researches.
5) Turnitin.com copy percentage must be 10% or less.
Appreciate each single moment you spend in writing my paper
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SAMPLE ANSWER
Finance and accounting
Concept Exercise Week 6 PART B
I am in agreement with the statement. Many companies fail given that their capital investment decisions do not consider the appropriate factors. This is an indication of poor resource management. Capital investment decision basically mixes several aspects of finance and accounting. Many business factors mix to make business investment arguably the most significant fiscal management decision. Capital investment decisions are made to allocate the capital funds of the company most effectively to ensure the best return possible (Goodman et al. 2014). The most vital facets of capital investment decisions are assessing the projects and allocating capital depending on the project’s requirements. It is therefore of major importance to take correct factors into consideration when making capital investment decisions.
Alternative methods of investment appraisal: Internal Rate of Return – the IRR of a project is understood as the cost of capital or the discount rate which makes the project’s NPV zero. In essence, the IRR could be found through trial and error; the net present value is calculated at dissimilar discount rates until a discount rate is found which makes the net present value zero, or adequately close to zero (Kida, Moreno & Smith 2010). IRR limitations: firstly, does not consider the cost of capital and therefore should not be employed to compare projects of dissimilar length. Moreover, as an investment tool, the IRR must not be utilized in rating projects that are mutually exclusive. It should only be utilized in deciding whether or not one particular project is worth investing in (Kida, Moreno & Smith 2010). When it is compared to the NPV, the IRR method could sometimes give answers that are contradictory.
Net Present Value: a project’s NPV represents the absolute increase in shareholder wealth that is created by a given project. This investment appraisal technique supposes that every cash flow produced by a given investment would be reinvested at the organization’s cost of capital. Gupta and Banga (2009) noted that this is realistic given that the firm’s cost of capital actually matches up to the rates available in the marketplace, or the return which could be attained by investing in other projects. Limitations: the limitation of this investment appraisal technique is that it does not measure the size of the project. In addition, the NPV is based upon future cash flows as well as discount rate, both of which cannot be estimated with absolute 100% accurateness. In addition, there is always an opportunity cost to making an investment but the calculation of NPV does not consider this.
Payback period method: payback period is understood as the amount of time that it would take for the cash flows that are generated by a given project to pay back the original cash outflows – for initial costs, working capital, and capital investment – at the beginning of the project. This technique is based upon cash flows and not profits and disregards non-cash items like depreciation. Limitations: it overlooks the time value of money; it does not consider cash flows which are beyond the periods of payback thereby overlooking a project’s profitability (Farrant et al., 2009).
Ideally, capital budgeting decisions should be made to increase the value of the company by taking on a good project at the ideal time. In making the decision, the manager or owner should ensure that the company’s limited resources are allocated to the project that would best attain the company’s strategic goals. Capital budgeting decision should seek to maximize shareholder’s wealth by getting assets and generating profit.
Goodman, T, Neamtiu, M, Shroff, N, & White, H 2014, ‘Management Forecast Quality and Capital Investment Decisions’, Accounting Review, 89, 1, pp. 331-365, Business Source Complete, EBSCOhost, viewed 2 July 2015.
Gupta, A, & Banga, C 2009, ‘Capital Expenditure Decisions and the Market Value of the Firm’, IUP Journal Of Applied Finance, 15, 12, pp. 5-17, Business Source Complete, EBSCOhost, viewed 2 July 2015.
Kida, T, Moreno, K, & Smith, J 2010, ‘The Influence of Affect on Managers’ Capital-Budgeting Decisions’, Contemporary Accounting Research, 18, 3, pp. 477-494, Business Source Complete, EBSCOhost, viewed 2 July 2015.
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Capital investment appraisal is an important tool of planning process that help to make decisions on what to invest in based on their returns and initial capital of investment (Harris et al., 2011). For example, capital budgeting in SME’s helps a company to decide future investments such as entry into new markets, expansion of business activities and also the inclusion of new activities. Examples include; Accounting Rate of Return (ARR), Net Present Value (NPV), Internal Rate of Return (IRR) and Payback Period (Davies & Crawford, 2011).
Calculate the Missing answers
Project 1
Project 2
ARR
33%
18.7%
NPV (£’ 000)
15
210
IRR
25%
53%
Payback Period (yrs)
0.556
3.2
Workings
ARR for project two
Annual Depreciation = (Initial Investment – Scrap Value) / Useful Life in Years
Administration in Health Care Institutions: Budgeting
Administration in Health Care Institutions: Budgeting
Order Instructions:
All health care organizations have complicated budgeting policies and procedures. The more the nurse understands the process, the more effectively they can participate in the process. The budget process usually starts with an interdisciplinary approach.
1.Describe the potential members of the interdisciplinary team for budget development and the role of each individual.
2.What are the specific responsibilities of nursing in the development of the budget?
Are the responsibilities for budget specific only to the leadership of the nursing department or are they found throughout the organization
SAMPLE ANSWER
Administration in Health Care Institutions: Budgeting
The health sector requires considerably large amounts of financing. The management of funds in institutions within the sector calls for strategic budgeting plans. In most organizations, the executive formulates financing plans, and different departments implement them. At times, budgets may not concur with the financial status of health care firms. Under such circumstances, managers have an extra responsibility to match budgetary needs to organizations’ financial resources. Involving interdisciplinary participation in organizations’ budgeting is a common approach that managers consider in easing management. Involving members of varied disciplines helps organizations to develop an integrated budget.
Financial budgeting teams should constitute of the management as well as clinical practitioners. The management controls funding and should, therefore, play centrally in budgeting. Practitioners from different bodies require presenting their requirements to the managerial body for consideration. Nurses, pharmacists, and physicians are the lead clinicians in matters of budgeting. When the three departments communicate, appropriate budgets would be easy to design (Edwards, 2011). Financial experts are also important in budgeting as they would advise other team members on the profitability of the approaches they propose.
Nursing practice predominates the activities undertaken in hospitals. Also, hospitals spend most of their resources through nursing activities. Nurse leaders manage most of the activities within healthcare especially the workforce (Douglas, 2010, Pg. 270). Therefore, they could identify most of the budgetary needs of their hospitals and present them to interdisciplinary teams. As such, the professionals should enjoy representation in management committees.
Though budgeting mainly involves leaders, nurses are also important in budget development. Nurses should communicate their suggestions to their leaders who may in turn forward them to the interdisciplinary financial management teams. Nurses interact with patients more than does other professionals, and they could help connect budgeting with patient care. Nurses should also implement budgets in manners that reduce the costs of care provision (Sherman & Bishop, 2012).
References
Douglas, K. (2010). Taking action to close the nursing financial gap: learning from success. Nursing Economics, 28(4), 270-273
Can you please write the answers on the white paper, scan it and send me.
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SAMPLE ANSWER Question 14
A1 S>0, 5×7-62 = -1,
So, not positive definite
A2 -1<0, so not positive definite.
A3 1>1, 1×100-10×10 = 0,
So, not positive definite
A4 1>, 1×101-10×10 = 1
So, it is positive definite
If x1 = 1, x2=-1, then this product is 0.
Question 18
Solutions:
K=ATA is symmetric positive definite if and only if A has independent columns
For, columns of A are independent. So ATA will be positive definite.
For, columns of A are independent. So ATA will be positive definite.
For, columns of A are independent. So ATA will not be positive definite.
Question 7
Since a matrix is positive-definite if and only if all its eigenvalues are positive, and since the eigenvalues of A−1 are simply the inverses of the, eigenvalues of A, A−1 is also positive definite (the inverse of a positive number is positive).
Question 14
Positive
Negative definite
Indefinite
Negative definite
Question 15
False
False
True
True
Question 32
Question 41
On the one hand, Ax =λMx is the same as CTACy =λy (writing M = RTR for C = R−1, and putting Rx = y). Then yTBy/yTy has its minimum value at λ1(B=CTAC), the least eigenvalue for the generalized eigenvector problem. On the other hand, this quotient is equal to xTAx/xTMx, which sometimes equals a 11/m11, e.g., when x equals the standard unit vector e1.
Problem Set 6.3
Question 2
Question 5
As ?=0 corresponds with , does not enter the picture
References
Bretscher, O. (2004). Linear Algebra with Applications, (3rd ed.). New York, NY: Prentice Hall.
Farin, G., & Hansford, D. (2004). Practical Linear Algebra: A Geometry Toolbox. London: AK Peters.
Friedberg, S. H., Insel, A. J., & Spence, L. E. (2002). Linear Algebra, (4th ed.). New York, NY: Prentice Hall.
Leon, S. J. (2006). Linear Algebra with Applications, (7th ed.). New York, NY: Pearson Prentice Hall.
McMahon, D. (2005). Linear Algebra Demystified. New York, NY: McGraw–Hill Professional.
Zhang, F. (2009). Linear Algebra: Challenging Problems for Students. Baltimore, MA: The Johns Hopkins University Press.
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