Throughout the world millions of laborers and children in...

Throughout the world millions of laborers and children in Third World Countries work in sweatshops. In these facilities workers are abused, underpaid, and cramped into unsanitary working conditions full of disease and death. Nonetheless, workers cannot abandon the sweatshops they work in, because they fear their families would starve. If fired they could easily be replaced by another readily worker; that is why workers dont oppose their employers injustices, because they fear becoming unemployed. In large corporations from third world countries, laborers only earn an insignificant percentage of the large revenue that the corporation makes daily. They work for long hours, more than what the U.S Department of Labor considers legal for one†¦show more content†¦As described in the article, â€Å"Outsourcing - Pros And Cons† by Kristin Carpenter; â€Å"Outsourcing is basically the practice of one company to contract another company to provide the services that could have been performed by their own staff†¦. One of the main reasons why companies are into outsourcing is diminished company resources, both in financial terms and in manpower costs† (Carpenter). Because the most powerful American corporations in the U.S are no longer producing their merchandise in the U.S but in developing nations, in order to reduce the cost of labor and increase productivity, the United States no longer has companies that produce jobs in America. And due to the gradual growth of the use of outsourcing, American employment opportunity has decline greatly, leaving many people unemployed and harming our economic strength in the world. In addition outsourcing is also the result of globalization; Jagdish Bhagwati’s definition of globalization says, â€Å"Globalization is integration of national economies into the international economy through trade, foreign direct investment, capital flow, migration, and the spread of technology throughout the world† (Bhagwati 8). Finn implies that globalization is the major factor for the exploitation of cheap foreign labor in third world countries and the main causeShow MoreRelatedVo : A Family Friend With An Interesting Story1004 Words   |  5 PagesKaiden Vo was born in Da Nang, Vietnam in 1978. He immigrated to the United states with his mother and his brother in September of 1992, when he was 14 years old. Kaiden is now 36 and has two daughters (ages 2 and 6). I chose to interview him because he is a family friend with an interesting story. Kaiden first migrated from Da Nang to Ho Chi Minh city by train. After that, he went to Thailand, Singapore, Los Angeles, then Minneapolis by plane, where he stayed for 16 years before coming to AtlantaRead More Monty Hall Problem in Ask Marilyn743 Words   |  3 Pagesit to your advantage to switch your choice? Marilyn vos Savant had answered that you should switch every time. An easier way to explain, she added, was suppose there are a million doors, and you pick door #1. Then the host, who knows what’s behind the doors and will always avoid the one with the prize, opens them all except door #777,777. You’d switch to that door pretty fast, wouldn’t you? However, readers werent convinced. Marilyn vos Savant started receiving criticism. Each day she was receivingRead MoreHeroes Or Ignorant : The United States1699 Words   |  7 Pagesback and excuse their actions as fighting against communism. These two facts contradict each other but it is not clear, if Americans understand it in that times. They did not try to understand Vietnamese mentality and that probably led to their defeat. Vo Nguyen Giap, Vietnamese member of Communist party, explain why they won, â€Å"We won the war because we would rather die than live in slavery (42).† The U.S. consider Vietnamese as weak human beings who do not speak in the movies, who have to be representedRead MoreEssay on Artifical Heart Can Save Lives554 Words   |  3 Pagesinstead he attended the University of Bologna in Italy. Shortly after that, he switched to New York University where he received an M.L.A. in occupational biomechanics in the year 1971. After he attended college, Robert Jarvik later met his wife, Marilyn vos Savant, who is accredited by the Guinness Book of World Records to have the top IQ in the world. Together they have two children whose names are, Tyler Jarvik and Kate Jarvik. In addition to Robert Jarvik’s education in biomechanics, which combinedRead MoreMy School Year Was My Sophomore Year Essay975 Words   |  4 PagesVocational Technical School. Students in grades ten through twelve from nine school districts in Lackawanna County and parts of surrounding counties were able to enroll. They attend classes at their home district for half of the school day, and classes at vo-tech for the other half of the school day. Some students who were interested in majoring in Architectural Engineering or Mechanical Engineering in college enrolled in Drafting and Design Technology. At one time there was also a Civil Technology programRead MoreThe Importance Of Change1610 Words   |  7 Pages CH-01 ... †¦ VO †¦ â€Å"Bad move Marc.† Eliminate pause between Bad move and Marc †¦ VO †¦ â€Å"My mind drifted to my brother, Karl, never far from my thoughts. He flew B-17 bombers over Germany from England. He was doing his part in the war effort. I very much wanted to do my part, too. But at age 17 I was locked out without parental permission. Despite many conversations, I could see that wasn’t going to happen.† CH-02 ... †¦ VO †¦ â€Å"He beckonedRead MoreWind Farm Mathematical Modelling And Frt Improvement Using Pmsg And Soft Computing Essay777 Words   |  4 Pagesu12] (12) 1. Definition of Axial Induction, â€Å"a† U = (1 - a) Vo (13) But, u = 0.5 (Vo + u1) (14) Combining equations 13 and 14, yields : u1 = (1 - 2a)Vo (15) 2. Introduction of Axial Induction, â€Å"a†, into External work rate(Power) Equation : We know : p = (∆w) ̇External work rate = 0.5 Ï  U A [Vo2-U12] Introduce Equation 13 and 14 into equation 16 to obtain : p = 0.5Ï  A(1 - a) Vo [Vo2- (1 - 2a)2Vo2] = 0.5Ï  A(1 - a) Vo3 [1 - (1 + 4a2 – 4a)] =0Read MoreThe Pros And Cons Of Solar Cells1095 Words   |  5 PagesVanadium dioxide (VO (-- removed HTML --) 2 (-- removed HTML --) ) is unique in having metal-insulator transition at 69  °C, is a candidate material to fill the gap in the absorption range mentioned above, and attracts much attention from the both points of various applications (-- removed HTML --) (-- removed HTML --) 15–20 (-- removed HTML --) (-- removed HTML --) and a mechanism of the phase transition. In particular, LSPR in the NIR range of 1000–2000 nm has been reported for VO (-- removed HTMLRead MoreAbc Company, A Premier Managed Care Health Insurance854 Words   |  4 Pagesconsumers’ perception of the company’s cost of health care and ample access to quality (Bhaskar Vo, 2012). With the new legislation consumers are hyper aware of the options in health care insurance products available. ABC had to adapt to new market realities: â€Å"consumers wanted a company that they perceived had a lower cost than competition and that provided an ample access to quality health care† (Bhaskar Vo, p.19, 2012). Due to the high elasticity of health insurance people are extremely sensitiveRead MoreFunctional Decline Of Hospitalized Older Adults1093 Words   |  5 Pagesolder adult with geriatric conditions and multiple comorbidities is at thirty-five to seventy percent risk for functional decline, as compared with pre-hospitalized function (de Vos et al. 2012). Multidisciplinary interventions while hospitalized, can prevent cognitive and functional decline in this population subset (de Vos et al. 2012). The hospital Interdisciplinary Team (IT) may be comprised of nursing managers, admitting/attending physicians, case managers, social workers, rehabilitation specialists

Cis 101 Quiz Free Essays

Exam Name_ ______ Chapter 6 MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The main advantages of a notebook computer are all of the following EXCEPT: 1) __D____ A) Wireless Internet access is easy to install. We will write a custom essay sample on Cis 101 Quiz or any similar topic only for you Order Now B) They take up little space. C) They are portable. D) You get more speed for a lower price. 2) The main disadvantages of a desktop computer as compared to notebooks are the following EXCEPT: 2) __D____ A) A desktop computer is harder to move around. B) A desktop computer requires more space. C) A desktop computer is difficult to transport for repair. D) A desktop computer is more expensive. 3) CPU speed is measured in: 3) __D____ A) nanoseconds. B) megabytes. C) bits per second (bps). D) Hertz. 4) The amount of RAM recommended for most systems today is measured in: 4) __D____ A) Megahertz. B) Gigahertz. C) KB. D) GB. 5) ________ are fast becoming the most preferred means of portable storage. 5) __D____ A) DVDs B) CDs C) Floppy disks D) Flash drives Read also Quiz Week 4 6) All of the following can be connected to your computer through a port EXCEPT: 6) ___C___ A) scanner. B) an external hard drive. C) RAM. D) a printer. 7) Each of the following is a type of port EXCEPT: 7) ___C___ A) FireWire. B) Ethernet. C) FSB. D) USB. 8) An expansion card that translates binary data into images is a(n): 8) ___D___ A) game card. B) sound card. C) audio card. D) video card. 9) A MIDI port allows you to connect: 9) ___C___ A) scanners. B) notebooks. C) electronic musical instruments. D) digital cameras. 10) The technology that transmits data between two devices using infrared light waves is called: 10) _B____ A) Wi-Fi. B) IrDA. C)FireWire. D) Bluetooth. TRUE/FALSE. Write ‘T’ if the statement is true and ‘F’ if the statement is false. 11) The CPU is located on the motherboard. 11) __T___ 12) The CPU is the temporary storage location for all the data and instructions the computer needs when it is running. 12) __F___ 13) Accessing data from the hard drive to send to the CPU is faster than accessing data from RAM. 13) __F___ 14) Hard drives have the largest storage capacity of any storage device. 14) __T___ 15) The main distinction between a desktop and a notebook is Internet connectivity. 15) __T___ 16) CPU stands for computer processing unit. 16) __F___ 17) When there is not enough RAM installed in your system, the system becomes memory bound. 17) __T___ 18) A sound card is attached to the inside of your computer’s speaker. 18) __F___ 19) RAM is your computer’s permanent storage space for data that is entered from the keyboard. 19) __F___ 20) The amount of memory your video card needs depends on what you want to display on your monitor. 20) __T___ SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. 21) The time it takes a storage device to locate stored data and make it available for processing is called ________ time. 21) _Access Time__ 22) RAM is an example of ________ storage because when the power is off, RAM is cleared out. 22) _Temporary___ 23) The technology that uses radio waves to send data wirelessly over short distances is ________. 23) __Bluetooth Technology__ 24) USB stands for ________. 24) _Universal Serial Bus_ 25) The primary circuit board of the computer system is the ________. 25) _Motherboard_ How to cite Cis 101 Quiz, Essay examples

Marketing Plan for Tesla Motors Electric Cars

Question: Write the marketing plan for Tesla Motors Electric Cars. Answer: Introduction This particular report will conclude towards developing an overall marketing plan of the selected organization Tesla Motors Electric Cars. The chosen group in the report is Tesla Motors. This part of the study will evaluate about the background of the group, which will reflect the following points. The organization founded in the year 2003 in Auckland. The report will conclude what are the various elements that are required to develop a proper marketing plan, which is classified into four sections in the following part of the report. Task 1: Marketing Plan Financial Plan Fixed Cost Amount Building and Premises $ 7,200.00 Office Facilities $ 15,000.00 Power and telephone $ 24,000.00 Insurance $ 2,500.00 Miscellaneous cost $ 2,00.00 Marketing $ 3,000.00 Stuff Wages $ 266,400.00 Depreciation $ 6,750.00 Total $ 326,850.00 Variable Cost $ Shipping $ 0.65 Vendor and services $ 1.55 Raw Materials $ 32.80 Total $ 32.80 Financial Plan of Tesla Marketing Research Towards the development of a proper marketing, the most important parts, which need to investigate, is the development process of a real situation analysis process. The development process of a good situation analysis tool will evaluate both the internal environment as the external environment (Aaker, 2013). There are two important marketing tools, which need to analyze the application of the SWOT Analysis and use of PESTEL Analysis. With the help of the SWOT Analysis, the organization Tesla Motors will be able to develop an internal analysis process. On the other hand, the application of the PESTEL Analysis will allow the team to develop an overview of the external situation analysis (Barrow, Barrow, Brown, 2012). With the help of these two tools, the organization will be able to focus on a proper market research, which will conclude the demand and wants of the customers (Bowersox, 2013). Supply Chain Management It is one of the most crucial points to organize a good supply chain management in the majority of the manufacturing organizations. There are certain divisions of the supply chain management in the overall business process of the different manufacturing organization (Cateora, Gilly, Graham, 2013). However, the team in the study needs to concentrate more in the inbound logistic as well as in the outbound logistic. All the factors of both the logistics need to investigate in a proper manner, which will conclude all the crucial elements. There are different points in the overall supply chain management to meet the customers demand. Tesla Motors towards evaluating a proper supply chain management needs to concentrate on the following factors, which include law proceeding, inventory management, material planning, and warehousing are the four crucial factors, which need to develop for the overall business operations. It will be very much beneficial for the organization to concentrate on b oth the objectives, which includes general goals and operating objectives (Chopra Meindl, 2013). If the logistics, as well as the supply chain management of Tesla, is developed in a proper manner, the company will be benefited in the following way. Logistic is the best practice of trade and business. It leads to customers satisfaction through superior customer service and supports critical functions like marketing and operational management. The company develops all the factors which include inbound logistic, outbound logistic, third party logistic, fourth party logistic, and reserve logistics are the five highlighted point in the overall process towards development of a proper supply chain management. Manufacturing Process The manufacturing process will continue the transformation of raw material to finished goods. The primary manufacturing process of the organization, which Tesla follows in the business operations, includes the following steps. Casting and Foundry, forming or metalworking, machining, joining and assembly, rapid prototyping and other factors are some of the crucial elements, which are included in the overall manufacturing process of the organization. The company needs to develop the production process in an efficient manner, which will ensure the optimum utilization of resources (Cordon, Hald, Seifert, 2012). It is familiar that resources of the different organization are limited. With the help of the scarce resources, it is the job of the manager to analyze the entire situation towards the development of a proper marketing plan. To ensure the optimum utilization of resources the management needs to focus on these factors, which will automatically increase the efficiency of the work a nd on some point of time, it automatically reduces the wastes, which take place in the overall manufacturing process (Cordon, Hald, Seifert, 2012). Task 2: Manufacturing Process This point of the study will focus on different modes of production, which includes Job production batch production and mass production (Drake, 2012). However, this part will investigate the entire how similar products manufactured in this particular industry and what are the different factors, which will conclude one manufacturing layout from process, repetitive and product. Tesla Motors develop an innovative product, which will allow finding a proper solution to solve different issues of the in recent times, which includes global warming and depletion of fossil fuels. Apart from Tesla, one of the major competitors in this particular industry is Nissan, which develops Volt vehicles ("Volt Vehicles", 2016). New Zealand is one of the highly pollution free countries which follows different measures and promotes various steps to make an entire corruption free country. Both the companies develop a modern and innovative product. It is very much important for the both the organizations to conclude the overall market structure. There is more than one firm, which is operating its business in the same industry, which can be finished as the monopolistic marketing structure. Batch, Job, and Mass production process are the three modes of production, which this two organization concentrates on the overall operational process of the business. Among the three available methods, the company would likely to use Batch method because it will help the company to get a proper analysis of market demand and supply. Task 3: Location and Manufacturing This point of the study will conclude what are different factors, which will find about the site and the cost of the business operations. To evaluate all the elements in a proper manner, there are three additional points, which are highlighted in the follow part of the study (Mobile marketing and advertising 2013, 2012). The first point is the notion of the location decision, which is based on low cost, which includes careful considerations. Once in place, site-related expenses are fixed in place, and it is very much difficult to reduce the overall proceedings towards determining the actual place (McKeever, 2012). The final point is the evolution of the optimum facility location is a good investment. To evaluate all the factors in a much compelling manner, the organization needs to focus more on cost, as it is one of the most significant factors which includes certain barriers and challenges (Malhotra, 2013). Towards developing a proper location strategy, there are certain key elemen ts, which will conclude the site decision towards identifying an appropriate location in or close to Auckland. The four factors, which need to evaluate in a proper manner, include key success elements, which are reflected in the following part of the study. Site size and cost, air, rail, highway and waterway system, zoning restrictions, the proximity to services as well as supplies and environmental impact issues are the five fundamental factors which Tesla need to evaluate in a proper manner (Lysons Farrington, 2012). However, the company needs to focus on different factors, which affects the location decisions and includes the following elements. Exchange rates and currency risk which leads towards a significant impact on cost and prices changes over time. The other factor is cost, which includes an investment of both tangible assets as well as intangible assets (Jacobs Chase, 2013). However, proximity to markets and proximity to suppliers are some of the additional factors, which are focused on the following ways to evaluate the factors, which concludes a proper location decision process of the organization. The notion of the weighted factor approach reaches towards identifying a suitable location in Auckland. To enter into this particular point in an efficient manner, there are six steps, which need to develop towards finding a weighted factor approach (Hood, 2013). The following part of the study will ensure what are different kinds of factors, which needs to be evaluated in a proper manner, which will provide an appropriately weighted factor approach. Developing a list of relevant factors, which are known as the critical success factors. Assigning a weight to each factor and development of a scale for a proper measurement of each factor are analyzed in the right and efficient way (Gupta, Massisimo, Koontz, 2013). Task 4: Development of a proper Project Planning Planning is the primary step, which every organization needs to develop at the initial stage of the organizational activities. The development of an appropriate project plan includes the procedures, which needs to execute in the following ways (Drake, 2012). The development of a proper project planning includes a suitable Gantt chart, which will conclude towards identifying a completion date and its stage gate and various success criteria. However also to this particular report, the roles of the project manager are explained in a proper manner for this project. The role of the manager contributes one of the most significant aspects of the overall operational management of the organization (Cordon, Hald, Seifert, 2012). The notion of the stage gate process includes six methods towards creating a proper stage gate process. The company needs to classify the overall stage gate process in the following divisions. The first factor is to analyze the findings of the business case (Chopra M eindl, 2013). The second factor includes the notion of the feasibility, which is followed by the third elements, which is known as the concept of the schematic designs. The fourth factor is known as the development process of research design. The fifth factor known as the notion of the preconstruction and the final element concludes the idea of construction (Cateora, Gilly, Graham, 2013). Time Horizon Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week7 Task 1 Task 2 Task 3 Task 4 Task 5 Task 6 Task 7 Time horizon of Tesla Motors The application of this particular time horizon will allow the company to develop different kinds of plans and proceedings, towards executing a proper project planning for the organization. With the application of this particular time horizon the project manager, need to incorporate all the findings in an appropriate as well as in an executed manner (Cateora, Gilly, Graham, 2013). There are certain organizational goals and activities which majority of the firms depending upon the objectives of the business develops in the managerial operations. However, it is one of the most challenging jobs for different management to allocate the right job for the right person. Tesla needs to hire a manager to execute all the plans and in a justified manner (Bowersox, 2013). The overall recruitment process needs to base towards maintaining an on-field requirement process, which will ensure a proper hiring process of the manager based on practical experience. Conclusion The concluding part of the study will analyze all the crucial factors, which are required by the organization towards the execution of the proper marketing plan. The overall report is classified into four sections, which includes the development process financial plan, market research that includes a correct application of situation analysis and maintaining a good supply chain management. The second point needs to be incorporated in an appropriate manner, which will support the job, batch, and mass production system which will conclude about the different firms operating its business in the same industry. The third point of the assignment will demonstrate what are the elements, which will influence as well as affect towards determining a proper geographical location for the company. The final point will assess the establishment of an appropriate production facility, which will ensure towards the achievement of the common organizational goals and activities. It includes the developmen t process of the proper grant chart, which will maintain an appropriate time horizon and will equally distribute the task accordingly. Reference List Aaker, D. (2013).Marketing research. Hoboken, NJ: John Wiley Sons. Barrow, C., Barrow, P., Brown, R. (2012).The business plan workbook. London: Kogan Page. Bowersox, D. (2013).Supply chain logistics management. New York: McGraw-Hill. Cateora, P., Gilly, M., Graham, J. (2013).International marketing. New York: McGraw-Hill Irwin. Chopra, S. Meindl, P. (2013).Supply chain management. Boston: Pearson. Cordon, C., Hald, K., Seifert, R. (2012).Strategic supply chain management. Abingdon, Oxon: Routledge. Drake, M. (2012).Global supply chain management. [New York, N.Y.] (222 East 46th Street, New York, NY 10017): Business Expert Press. Gupta, D., Massisimo, A., Koontz, C. (2013).Marketing Library and Information Services II. Berlin: De Gruyter. Hood, D. (2013).The marketing manifesto. London: Kogan Page. Jacobs, F. Chase, R. (2013).Operations and supply chain management. New York: McGraw-Hill Irwin. Lysons, K. Farrington, B. (2012).Purchasing and supply chain management. Harlow, Essex: Pearson Financial Times. Malhotra, N. (2013).Review of marketing research. Bingley, U.K.: Emerald. McKeever, M. (2012).How to write a business plan. Berkeley, CA: Nolo. Mobile marketing and advertising 2013. (2012). [Place of publication not identified].

Limitation of Managerial Economics free essay sample

E conomists are a paragon of virtue, rationality and common sense amidst a sea of ignorance, superstition and irrationality. They are probably right, but, sometimes it is good to state a case in strong terms, to make people think. However, I feel there is a need to redress the balance and point out the many mistakes and limitations of Economics which are stated below. Economics is difficult John Maynard Keynes said economics is very difficult and many people underestimate how difficult it is. In Maths 2+2 always equals 4, but in economics it usually depends on countless variables almost too difficult to take into account. To give one example, the link between the Money supply and inflation. This equation can be used to define a link between money growth and inflation that depends on the evolution of money. Velocity of money suggests there is a correlation between the money supply and inflation. (As most non economists would tell you if you print money you will cause inflation). We will write a custom essay sample on Limitation of Managerial Economics or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page But, in practise the growth of the money supply is influenced by so many variables such as technological change, velocity of circulation and consumer behaviour that M3 growth statistics became almost meaningless. MV=PY is great in theory but in practise it is difficult to make anything out of it. Forecasting the Future It is difficult to forecast the future; yet in economic policy making, it becomes important. Go back to May 2007 and how many economists were predicting a fall in UK house prices of 25% and the deepest recession since the war? I wasnt and certainly not one of the treasury economists, who were predicting stable growth of 2% and a reduction in the governments borrowing. Of course, there were people predicting a house price collapse and they have been proved right. (Though some of them started predicting a house price collapse back in 2000. ) Difficult in knowing where you are One of the great challenges is knowing the current state of the economy. For example, Chinas growth and unemployment figures are always viewed with suspicion. There is great debate about what the US inflation rate is it depends which model you use. Recently, the US GDP statistics were revised meaning that the economy was in recession much earlier than previously thought. How can you make good policy when you dont even know what happened in the past? Let alone predict the future. Using Old Models In a way, this recession is unusual in that it wasnt preceded by an inflationary boom. The government felt that as long as inflation is under control, the economy must be sustainable. However, the mistake was to ignore an asset and lending bubble. The problem is that it is not sufficient to rely on previous experiences. As the economy develops old models become less relevant as they stick to old traditions and data which is useless. Ideology A good economist would be free from ideology and have a willingness to revise theory in light of empirical evidence that doesnt match up to their beliefs or expectations. However, in practise many dislike evidence which doesnt agree with their point of view. For example, some economists place great faith in the virtues of the free market and therefore take a lazy attitude in assuming free markets will always lead to increase economic welfare. The problem is that free markets can often be beneficial. But, at the same time, there will always be exceptions; you cant make generalisations that free markets are always best nor can you make generalisations that free markets are always wrong. Another example of ideological economics could be the assumption that if privatisation works in one country it must be good for other countries too. Free trade is another example. Most economists will tell you free trade is beneficial. But, this doesnt necessarily mean developing countries should always stick to the free trade mantra. There can be exceptions to every rules, for example the infant industry argument.

Supply Chain and Logistical Tools and Techniques

Supply Chain and Logistical Tools and Techniques New Product Development New Product Development refers to a distinct set of activities that companies use to develop and introduce a product into the market. It has a two concurrent phases. On one hand, there is the product design process culminating in a viable market, while on the other hand, there is the marketing component that starts from market research and ends with the purchase of the product by the eventual consumer. Solar Technical (SL) is a medium sized company that distributes solar products.Advertising We will write a custom assessment sample on Supply Chain and Logistical Tools and Techniques specifically for you for only $16.05 $11/page Learn More It specialises in solar water heating systems. It fabricates solar water tanks for clients that have needs not covered within the conventional systems provided by manufacturers. There have been some problems with the current operations because of problems with the company’s supply chain. This paper will investigate the potential to improve the supply chain performance of the company. In particular, it will compare the potential to improve the supply chain by examining the New Product Development process at SL. Current Operations and Supply Chain SL is a medium sized company with about thirty employees. It has a technical department that deals with the installation of solar water equipment in client premises. It also fabricates special order tanks and accessories to meet unique needs of the specific clients. It also coordinates Research and Development (RD) activities. Other departments of interest include the sales and marketing department that create and execute a marketing strategy. The company deals with a high number of suppliers that includes international manufacturers of solar power equipment. The company aims at holding the widest variety of solar water heaters as its specialty. It also resells products made by local manufacturers as a distributor. For some brand s, the company serves as the distribution point to smaller retailers in the solar industry. When the company fabricates tanks, it sources for components from a wide array of suppliers, both locally and internationally. Table 1 shows the process diagram used to deliver the tanks to the clients. Table 1: Process diagram for fabricated water tanksAdvertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Strengths of the Current Supply Chain The current supply chain has two strengths. The organization of the technical department tries to use Just in Time manufacturing methods to produce the tanks as soon as it establishes the demand for them. The department does not keep an inventory to make the tanks, except what in need to fill in a week’s demand based on demand foresting figures. This measure is responsible for the reduced need for storage places for materials, and losses due t o damage to materials. Delays in supply of materials are rare and far between because the suppliers of most of the components also supply other industries in the regions with the same materials. The second strength of the current supply chain comes from the highly streamlined manufacturing process that uses computer based modelling to develop designs. The department also uses computer aided manufacturing methods for cutting the aluminium sheets that form the body of the water tanks. The welding process takes place by manual means because of the differences in the shapes of the tanks. The welding workshop connects to the testing centre where the company tests the tanks for leaks before the final assembly. This reduces the risk of defective work and returns from clients further down the supply chain. Weaknesses of the Current Supply Chain The most serious weakness in the supply chain is the exposure to disruptions in supply of materials. While the company do have a record of any serio us disruption in the supply of any of the material it needs for its solar water tanks, it is always aware of the disruption in business such a disruption would cause. The second weakness in the supply chain is a weakness in the manufacturing process. The quality of the tanks depends a lot on the skill of the welders that they seem to be indispensable. This puts the company at the risk of losing its manufacturing prowess if any of the welders move on. The impact of losing the welders can cost the company a lot of money in lost business. The third problem with the current supply chain is that there is always need to send a technical person to a client’s location to determine the required dimensions for the custom tanks. This work is too skilled for the marketers. However, it costs the company a lot more time to get this information because after the marketing team finds an interested client, then the company sends an engineer to the site. This brings about a high cost of labour .Advertising We will write a custom assessment sample on Supply Chain and Logistical Tools and Techniques specifically for you for only $16.05 $11/page Learn More Application of New Product Development The new product development process can help SL to develop a better way of managing its productions process. The solutions are not in the reengineering of the processes but increasing their efficiency. New product development follows a distinct path Idea Generation This is the first step in developing a new product. The need for new ideas comes from various aspects. In the case of SL, there is always a need to consider the best shape to use to construct solar hot water tanks. The main reason for this is that most of the clients that ask for custom tanks cannot use standard ones to meet their construction needs. Such needs include very small spaces to fit the tanks, or unusually shaped spaces where conventional tanks cannot fit. Initial Screening of Ideas Afte r generating different ideas, a team should reduce them to a few workable ones based on thermal qualities, manufacturability and cost. This stage will reduce the risk of creating a tank that is too expensive, or one that will take too long to fabricate. Technical Evaluation This stage addresses the need to evaluate in detail the final design that makes it past the initial screening. The role of technical design is to determine the manufacturability of the product along the lines of the processes required, the availability of the tools, materials and expertise. Commercial Evaluation The question for SL in this stage is to determine whether the client can meet the cost of production of the tank. This stage will determine whether the tank will come off the production line or otherwise. If a tank requires more money than a client is willing to pay, then it is not viable to produce it. Final Development Finally, SL can settle down to produce the product. In this case, it will involve che cking the inventory to ensure all the materials are in the store, setting up the manufacturing line, and alerting all staff on the production line to play their role. After production, the installation team takes it to the client. SL should always plan for more than one tank when the manufacturing is going on to ensure that the client has other options ready for manufacture if the client rejects the best tank offered by the company. In the case of SL, the product launch would compare to the delivery of the product to the client. Table 2 below shows the resource implications of new product development, while Table 3 shows the network diagram for the same process.Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More New product Development Process Current Practice Recommended Practice Required Resources Human Time Money Idea Generation Use of existing designs fitting the approximate needs of new clients Use old designs as one source of ideas but develop fresh ideas based on unique client requirements Marketing and technical teams 30 minutes Initial Screening of Ideas No comparisons made, the chosen existing idea goes to production Reduce the new and old ideas to at least three ideas that can move to evaluation stage Marketing and technical manager 30 minutes Technical Evaluation For new ideas, conduct technical evaluation Technical manager 1 hour Commercial Evaluation Always conduct commercial evaluation because of changes in economic environment Marketing manager 1 hour Final Development Develop the best idea based on the technical and commercial evaluation Technical team 2 days Product Launch Product sent to client Send product to client Technical team 3 hours Tab le 2: Resource implications of the new product development cycleTable 3: Project network diagram with critical path Reference List Flannes, S. Levin, G., 2005. Essential People Skills for Project Managers. Vienna, VA: Management Concepts. Gilson, S., 2010. Creating Value Through Corporate Restructuring: Case Studies in Bankruptcies, Buyouts, and Breakups. New York, NY: John Wiley and Sons. Iliescu, D.C., 2008. Customer Based Time-to-Event Models for Cancellation Behaviour: A Revenue Management Intergrated Approach. Dissertation. Gorgia: ProQuest Georgia Institute of Technology. Kerzner, H., 2009. Project Management: A Systems Approach to Planning, Scheduling and Controlling. 10th ed. Hoboken, NJ: John Wiley and Sons. Kopezak, L. Lee, H., 1994. Coordinated Product and Supply Chain Design. Case Study, pp.331-404. Meredeth, J.R. Mantel, S.J., 2011. Project Management: A Managerial Approach. 8th ed. Hoboken, NJ: John Wiley and Sons.

Answer two question Essay Example | Topics and Well Written Essays - 500 words - 1

Answer two question - Essay Example In the pursuit of the church to bring back to the faith in Christianity, the religious institution has hired artists to create artworks that are filled with intense emotions. This can be seen on how one of the premier painters, Michelangelo Caravaggio used diagonal lines and painterly techniques, especially the chiaroscuro, to provide depth, emotions and sensuality in his paintings. One of the noticeable paintings is the Supper at Emmaus. In this case, there is a realistic portrayal of the narrative of the last supper, which is a clear diversion from the traditional linear perspective presentation. In the paintings, it can be seen that the image is taken as a complete whole. If one of the elements is taken away, it loses it the essence. Another common property of these artworks is to extend the artworks confinement beyond the canvas. This can be seen also in the way sculpture and architecture interacted to convey the intensity of emotions that totally redefined views on art. Gian Lorenzo Bernini’s work Esctasy of St. Theresa is one the groundbreaking artworks of the said period that shows a religious subject matter that was conveyed in a highly emotional composition. In this sculpture, the light shows the angel’s role as messenger by carrying an arrow to be used as a piercer for St. Theresa’s heart. Inasmuch, the suspended emotions of St. Theresa, in a state of ecstasy creates awe because of her reclining form and expression of an intense emotion as a response to the angel’s gestures. At the same time, the sculpture interacts with the architecture because it can be seen as an altar. It can be seen that flow or movement present in the artworks, together with the way they are situated posits intense emotionality. The traditional, religious images (having halos and other divine attributes) have been converted into

Research Proposal (Measure the relation between motivation and Essay

Research Proposal (Measure the relation between motivation and effective performance management) - Essay Example Performance management, in the same context, is a human relations approach to organisational goal-setting which distributes company strategy and identifies employee productivity factors leading to employee discipline or reward. There are, conceptually, five standard steps used in the performance management process that include communicating clear organisational goals, applying managerial practices that encourage employee performance, identifying actual performance levels, producing positive or negative outcomes to employee performance, and evaluating whether organisational goals can be met through the current level of employee productivity. It is proposed that a successful performance manager be aware of the circumstances that affect employee motivation from a psychological standpoint and apply a rather clinical methodology in distribution of productivity feedback for the employee targeted for increased motivation. Essentially, an organisation cannot meet its strategic goals without the assistance of employee talents, therefore, a performance managers role in satisfying employees needs directly impacts company outputs. How does a performance manager, then, handle the role of satisfying employee needs without sacrificing organisational objectives? This study of performance management versus impact on employee motivation will first examine the psychological aspect of human nature by observing Abraham Maslows recognised Hierarchy of Needs. According to Maslow, each individual possesses five main principles that affect intrapersonal satisfaction. He proposes physiological needs (basic elements of survival) as a first step toward fulfilment. Following forward in motivation is the need for safety and security, moving next to love and belonging, then creating a positive self-image, and finally reaching a level of self-actualisation in which the person develops complete satisfaction with overall existence. Maslow