Introspection and questioning value proposition leads to additional inquiries about the reason for a quality department. It is significant to learn the purpose as to guarantee consumer satisfaction, to guarantee outgoing quality or assist manufacturing. On the other hand, such purposes of the quality department do not help a business. The reason for a quality department is to guarantee profit margins by dropping inefficiencies, operations mistakes and product defects. Additionally, the purpose also must comprise proactively improving capability and capacity of operations using new techniques, tools or skills (Gupta, 2008).
The majority of quality departments are forced to be hesitant by operations people. They are told to do things such as add examination, react to a consumer complaints or similar such requirements. Quality departments are thought to be an unnecessary expense and a burden because they add no clear value; they are thought to be just an expense of doing…...

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References

Gupta, Praveen. (2008). Manufacturing Excellence: Excel in the Quality Department. Retrieved from  http://www.qualitymag.com/Articles/Column/BNP_GUID_9-5 -

2006_A_1

Jones, Gareth. (2010). Essentials of Contemporary Management, 4th Edition. McGraw-Hill

Primis

Industries International
Goodwill Industries has a very good reputation around the U.S. And parts of the world as an organization that not only provides inexpensive clothing and other important personal and household items, but a big part of Goodwill's program involves providing jobs for people, which helps communities. In its Mission Statement Goodwill points out that it served 4.2 million people in 2011 through training and employment programs. This paper reflects why Goodwill is considered a very good company in terms of its emphasis on social responsibility.

Goodwill Industries International

"Corporate social responsibility" (CSR) is a phrase that has come to be quite popular in the world of business, because more and more businesses understand the importance of giving back to the communities in which they are located. The Goodwill mission statement goes back to 1902 when the nonprofit was founded, so a reader can quickly see that CSR was always part…...

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Works Cited

Goodwill Industries International. (2012). Our Mission / Sustainable Initiatives. Retrieved December 29, 2012, from  http://www.goodwill.org .

Industries:
• Service (public and private)

• Manufacturing

• Software and IT

Compare the chosen industry with construction / building / maintenance with respect to how you would conduct project reviews to integrate procurement, risk management, and contractual obligations. How would the reviews differ in the two industries if the project were carried out completely in-house instead of involving a third party for some or all of the work?

I choose service (public and private) and compare it with construction / building / maintenance with respect to how I would conduct project reviews to integrate procurement, risk management, and contractual obligations. Similarities are that in both cases, the work has to go through a series of stages and these are planned with tasks delegated, decided upon, and monitored. Each stage is planned before implementation.

Both areas need planning too and implementing research in order to assess predictions that are relevant to the field. However, in…...

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When a third party is brought in however, there may differences of perception, with the review being stretched out and budgetary expense may occur (p74). On the other hand, it can avert the situation where sponsor and stakeholders cannot agree on objectives and/or on implementation.

Source

Costin, A.A. (2008) Managing difficult projects. Burlington, MA: Elsevier Butterworth-Heinemann.

Sustainabiltiy in the Finance Industry
The objective of this study is to answer the question of what the Global Knights Top 100 list is and to examine sustainability initiatives in the banking industry, the insurance industry, the real estate industry and the financial services industry. Corporate social responsibility (CS) is found in this study to be of primary importance for industry sustainability.

Global Knight Top 100 List

The Global 100 process is reported to start each year on the 1st of October at the time the starting universe for the index is reported to have been established. It is reported that the companies in the starting universe "are put through four screens, and the companies that emerge constitute the Global 100 Shortlist." (Corporate Knights, 2015, p. 1) It is reported that the companies in the Shortlist receive scores on the "priority KPIs for their particular GICS Industry" and that the 'top overall performers…...

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References

Gianna Zappi, (2007). Corporate responsibility in the Italian banking industry: creating value through listening to stakeholders. Corporate Governance: The international journal of business in society, Vol. 7 Iss: 4, pp.471-475

Carla Curado, (2008). Perceptions of knowledge management and intellectual capital in the banking industry. Journal of Knowledge Management, Vol. 12 Iss: 3, pp.141-155

Herweijer, C. Ranger, N. And Ward, R. (2009). Adaptation to Climate Change: Threats and Opportunities for the Insurance Industry. The Geneva Papers. (2009) 34, 360-380.

Francalanci, C. And Galal, H. (1998). Information Technology and Worker Composition: Determinants of Productivity in the Life Insurance Industry. MIS Quarterly. Vol. 22, No. 2 pp. 227-241.

Benchmarking
Project Benchmarking

Different industries face different obstacles in regard to project management. A construction project will tackle tangible and physical spaces while an IT project will reside more in an intangible and uncertain space. Because of these differences project management is difficult to compare across different industries. Therefore benchmarking must be constructed in each industry individually so that project managers can compare their projects to metrics that are relevant to their particular industry. For example, metrics from the telecommunications industry might not be relevant to the construction of a hospital. This analysis will provide an overview of benchmarking projects to various industries and the construction of industry standards that can be useful to help guide projects.

Benchmarking

Project management can benefit greatly from the construction of best practices. These best practices can be incorporated into a process known as benchmarking. Hasbro Children's Hospital in the early 1990s benchmarking "best-in-practice" pediatric facilities was used…...

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Works Cited

Andersen, B., Henriksen, B. & Aarseth, W., 2007. Benchmarking of Project Management Office Establishment: Extracting Best Practices.. Journal of Managmenet in Engineering, 23(2), pp. 97-104.

Baydoun, M., 2010. Risk management of large-scale development projects in developing countries: Cases from MDI's projects. International Journal of Technology Management & Sustainable Development, 9(3), pp. 237-249.

Liao, P. et al., 2012. Benchmarking Project Level Engineering Productivity. Journal of Civil Engineering & Management, 18(2), pp. 235-244.

Renault, S., Guerlain, C. & Lhoas, P., 2010. Improvement by Comparison: A Case Study on the Improvement of a Project Management Methodology by Measuring Differences Between Methodologies.. Proceedings of the European Conference on e-Government, pp. 339-344.

Airline tickets, food and beverage and related items are going up faster than planners can adjust. Hotels, destination management companies, transportation providers and suppliers in general are all affected by oil price increases. Industry leaders say that fares may increase by another 20%. Every penny of increase in oil price exacts an extra $1 billion a year from consumers. Smith Travel Research, however, reported a leveling off of increased hotel rates because of reduced leisure demand and weakening of corporate travel (Dos).
High fuel costs indirectly affect food and beverage costs (Dosh, 2008). Transportation expenses also go up for shipping food items. Farmers who divert land for planting crops intended for ethanol production are likewise raising their prices. Planners try to address the prince increase in food by paring down menus, pre-determining the number of servers per meal and choosing a complete meeting package or CMP, or getting a discount…...

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BIBLIOGRAPHY

Allen, J. (2004). Events and ethics. Special Events: Penton Media, Inc. Retrieved on November 20, 2011 from  http://specialevents.com/mag/events_event_ethics_321736 

Entrepreneur, The (2011). Event planning. Chapter 1. The Entrepreneur Media, Inc.

Retrieved on November 20, 2011 from  http://www.entrepreneur.com/downloads/guides/1313_Event_Planning_ch1.pdf 

Hard, B. (2011). Business event industry trends in the U.S. And in Europe. About.com:

Futura Industries implemented the Balanced Scorecard approach and its apparent effects
At some companies, the Balanced Scorecard approach is solely used to improve the company's financial 'bottom line' and to set benchmarks for financial performance. However, the innovative organization Futura Industries has taken a different approach. The company sent benchmarks for success in three specific quadrants: "customer service, financial, and internal operations," resulting in "50% increase in revenue without adding personnel from 1996 to 1999" (Gumbus & Johnson 2003). Before it embarked upon using the BS, the aluminum manufacturing company was well-known for its use of financial and customer metrics. It already "had internal processes focused on quality," but felt that the way it used its employees was lacking and that it did not fully capitalize upon its human assets (Gumbus & Johnson 2003). Even its website reflects this stress upon quality improvement: the surfer is greeted with the message:…...

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References

Futura. (2012). Official website. Retrieved:  http://www.futuraind.com/ 

Gumbus, A., & Johnson, S.D. (2003). The balanced scorecard at Futura industries. Strategic Finance, 85(1), 36-36. Retrieved from  http://search.proquest.com/docview/229778630?accountid=10901 .

Unidentified Industries
The Case of the Unidentified Industries - 2006

Match companies from 14 different industries to corresponding financial data. Be very thorough how and why you obtain your answers. Make sure to clearly write up your assumptions and back them up with specific references, your personal knowledge of these industries, and any other relevant information. When possible, compare industries using more than one financial ratio.

In The Case of the Unidentified Industries, our group used a number of means to discern the identities of the fourteen listed unknown entities. We found that it was important to keep in mind the year that the case was written because business conditions have changed and companies are at a different place in their development. Publicly available financial filings were helpful in some instances as well as our combined general knowledge of industries and the process of elimination.

In this section we will present our determinations of…...

Adding to the confusion is the need for creating a more stable set of quality management, audit and compliance systems and processes that can scale with the company over time. This latter point is why the use of Six Sigma, lean manufacturing, the adoption of an EP system and the development of entirely new workflows for NC/CA and CAPA are taking place. The need for compliance and also the alleviation of potential tariffs when entering new global markets is a concern. Shaw Industries is investing heavily in quality management as a means to continually reduce operating expenses over time, in addition to significantly increasing yield optimization of their assets and production processes. The company also has the objective of reducing costs more through quality management contributing to lean manufacturing than the savings of having to close a plant. Strategically Shaw Industries has chosen to pursue investments in making their…...

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References

Fawaz a Abdulmalek, & Jayant Rajgopal. (2007). Analyzing the benefits of lean manufacturing and value stream mapping via simulation: A process sector case study. International Journal of Production Economics, 107(1), 223.

Christine Canabou, Jena McGregor, Carleen Hawn, & Ryan Underwood. (2004, June). Impact Players. Fast Company,(83), 66-67.

Dan Cumbo, D Earl Kline, & Matthew S. Bumgardner (2006). Benchmarking performance measurement and lean manufacturing in the rough mill. Forest Products Journal, 56(6), 25-30. ).

Chandrani Ghosh. (1999, November). Floored. Forbes, 164(12), 174.

This presence has changed much of the personal behavior of individual spectators. A most relevant example in this case is given by the Cosby Show. In the series, Bill Cosby played a father of five and his real life expertise and education in child psychology offered screen information on how to deal with young and older children. This inspired several viewers to change their approach to children and learnt valuable parenting lessons. As a result then, series and films represented one more step in the process of cultural globalization.
Another important mention that has to be made refers to the stories at the basis of the American films. In this line of thoughts, many works are based on real life events outside the United States, which introduce the world watching the American films to the foreign stories of the movie characters (Marling, 2006). Examples of this category include Schindler's List,…...

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References

Beck, U., Sznaider, N., Winter, R., 2003, Global America?: The Cultural Consequences of Globalization, Liverpool University Press, ISBN 0853239185

Bogart, L., 2000, Commercial Culture: The Media System and the Public Interest, 2nd Edition, ISBN 0765806053

Dorthea, N., 2007, Why the American Film Industry is So Popular,   on March 19, 2009http://www.daria.no/skole/?tekst=9099lastaccessed 

Eckes, a.E., Zeiler, T.W., 2003, Globalization and the American Century, Cambridge University Press, ISBN 0521009065

Considerations supporting increased governmental regulation are based on the possibilities of the industry growing beyond the reach of many if left to be controlled by the market forces. egulating the industry cushions the consumer against the increase in rates which might impact the economy in terms of reduction in businesses due to the high costs of travel and as well as the reduction in the tourism sector which generates revenue and as well attract more investors.

egulation would ensure that reasonable rates are set for the consumer. When regulated certain standards are set by the government which protects the consumer as well as the ecosystem so that the activities of the airline company do not endanger the lives of the citizens in terms of pollution among other environmental hazards that they might cause.

There are however several arguments in support for deregulating industry, it is argued that by being deregulated the industry…...

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Reference

Avjobs, (2012). Airline Deregulation. Retrieved June 18, 2012 from  http://www.avjobs.com/history/airline-deregulation.asp 

Department of Homeland Security, (2012). Prevent Terrorism and Enhance Security. Retrieved June 19, 2012 from http://www.dhs.gov/xabout/gc_1240598490142.shtm

GAO, (2006). Airline Deregulation .Retrieved June 18, 2012 from  http://www.gao.gov/new.items/d06630.pdf 

Atef Ghobrial & Wes a. Irvin, (2004). Combating Air terrorism: Some Implication to the Aviation Industry. Retrieved June 19, 2012 from  http://www.auburn.edu/~johnsrd/4160/Readings/Combating%20Air%20Terrorism.pdf

Valmont's return on assets is 11.6, compared with 5.6; the return on equity is 21.7 compared with 4.2 and the return on capital is 15.5 compared with 6.6. Valmont also has strong efficiency ratios. Asset turnover is 1.5, compared with an industry average of 0.9; inventory turnover is 5.1 compared with 4.0 and receivables turnover is also strong at 6.1 compared with 6.4. Overall, Valmont Industries has strong ratios compared with other firms in its industry, and there is indication that key ratios are improving over time.
Valmont is considered by the market to have a relatively high volatility. The beta on Valmont' stock is 1.67. An analysis of the five-year chart (MSN Moneycentral, 2010) shows that the source of this volatility was a strong run up on Valmont stock in the 2006 and 2007 years, followed by a strong collapse. The stock, however, has outperformed the major indices at…...

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Works Cited:

Yahoo! Finance. (2010). Metal Fabrication. Retrieved February 10, 2010 from  http://biz.yahoo.com/ic/626.html 

MSN Moneycentral. (2010). Valmont Industries. Retrieved February 10, 2010 from  http://moneycentral.msn.com/detail/stock_quote?Symbol=U.S.%3aVMI 

Valmont Industries website, various pages. Retrieved February 10, 2010 from  http://www.valmont.com/page.aspx?id=5 

Valmont Industries 2008 Annual Report. Retrieved February 10, 2010 from  http://www.valmont.com/lgcy/investor_relations/08report/aspx/splash.aspx

This would give Duncan almost the entire current scissor lift market, meaning that they would need to invest heavily in marketing in order to grow that market beyond its current level. That said, such as investment would in all likelihood be considerably less than $1.5 million and offer lower risk than a greenfield European expansion.
If Duncan focuses on Europe, they will either cede control to Bar Maisse or they will stretch their organizational capabilities. AU.S. expansion can be run from Lachine. The return on investment in Europe is not as good as it will likely be in the United States because of the heavy infrastructure development. Moreover, there will be higher marketing costs associated with the different countries, languages and distributors in Europe. Also, a greenfield expansion may provoke a negative response from the spurned Bar Maisse, who operate in the wheel alignment business and thus have an ear…...

It is necessary to asses due to the perceived resistance to change, including the already stated dissatisfaction of the Merton Industries staff members, and the negative effects this could generate. In this order of ideas, alternatives 3 and 4 would generate the least changes and would be best accepted by the personnel. Alternatives 1 and 2 on the other hand would generate the most changes and would be negatively perceived, welcomed and implemented by the staff members.
Payoff table: A payoff table is a highly useful decision tool and is benefit is that it can be constructed in a flexible manner so that it incorporates the features most relevant to a given instance. In our situation, since the benefits and limitations of each available alternative have been revealed throughout the previous section, the payoff matrix will incorporate financial information, better else said, the financial investment and the financial gain from…...

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Reference:

Kerin, R.A., Merton Industries -- The Wholesale Distribution Decision, Edwin L. Cox School of Business, Southern Methodist University

Harvey Industries: A Case Study
Harvey Industries is a major name brand within a very niche industry. The company makes a variety of industrial products, mainly pressurized water systems used for washing and cleaning purposes. The company builds products to be used in a wide variety of contexts, including airplanes, cars, building maintenance, engines, swimming pools and more. One of its most lucrative avenues has been assembling equipment for coin-operated car washes. Still recent trends have negatively impacted Harvey Industries financial position. Despite sales of $1,238,674 last year, the company still managed to loose $17,174. This is a terrible financial condition for the company to be in. Examining the operations management subsequently shows clear issues which can be adjusted to ensure a more financial stability.

There are a number of reasons for the current financial distress of the company. First, the inventory control system is based on a reactive strategy, rather than…...

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References

Brinlee, Doug. (2012). Common inventory management problems. Inventory Management. Web. Retrieved September 20, 2012 from  http://www.askdeb.com/inventory-management/problems/ 

Connerly, Bill. (2003). Four steps to overcome supply chain problems. Blue MauMau. Web. Retrieved September 20, 2012 from Stevenson, W.J. (2011). Operations Management

SCDigest. (2010). The five challenges of today's global supply chains. Supply Chain News. Web. Retrieved September 20, 2012 from  http://www.scdigest.com/ASSETS/ON_TARGET/10-08-12-3.php?cid=3649 

Stevenson, W.J. (2011). Operations Management. 11th ed. New York: McGraw Hill. Iwrin.

When most people think about the impact of the COVID-19 pandemic on economics, they think of it as being purely destructive.  While there can be no doubt that the COVID-19 pandemic has created economic uncertainty in many sectors, leading to a loss of production and high unemployment rates in many areas, it cannot be ignored that the pandemic has also led to new opportunities for certain businesses.  Understanding those opportunities may be critical to the overall recovery of the global economy, as those industries that have experienced gains determine how to leverage them in a way that....

One of the more shameful moments in American history was the establishment of internment camps for Japanese-Americans during World War II.  Ostensibly started because the United States was at war with Japan, it is interesting to note that there were no similar internment camps for people of Italian or German descent, despite the fact that Italy and Germany were also part of the Axis powers that fought against the Allies in World War II. 

Prior to World War II, Japanese began immigrating to America for work opportunities.  They initially immigrated to Hawaii, which was annexed by the United....

The term global perspective actually has a few different meanings, depending on the discipline.  It can refer to an individual’s personal lens and how they view the globe; to various perspectives about an issue from around the globe; and to views linked to globalization and the impact of individual or nation-wide actions on the world and its inhabitants.   We are going to provide a range of topic suggestions that incorporate all of these different definitions of global perspectives, with the most suggestions coming from the last topic, as it is the most commonly used across academic disciplines.

A-levels....