Management information system (MIS)Q: Define what is the information system
Question Management information system (MIS)Q: Define what is the information system and explain why the information system is so essential in the business these days.
Interact Systems, Inc., has developed software tools that help hotel chains solve
Interact Systems, Inc., has developed software tools that help hotel chains solve application integration problems. Interact’s appli- cation integration server (AIS) provides a two-way interface between a central reservations system (CRS) and a property manage- ment system (PMS). At least two important trends in the hotel industry are relevant. First, hotels are shifting away from the manual booking of room reservations, and electronic bookings will continue to increase as more bookings are made over the Inter- net. Second, competitive pressures are forcing hotels to implement yield management programs and to increase customer service. By integrating the CRS and PMS through Interact’s AIS, inventories can be better managed, yields improved, and customer service enhanced.All reservation traffic is routed from the CRS to individual hotel properties. This allows Interact Systems to create a database that can be used to track customers and to facilitate marketing programs, such as frequent-stay or VIP programs, as a way of in- creasing customer satisfaction. Interact forecasts application integration expenditures in the hospitality industry to exceed $1 billion by 2012.Greg Thomas founded Interact Systems in 2006 and developed the firm’s middleware software and hospitality applications. He has twelve years of systems applications experience and currently is Interact’s chief technology officer. Eric Westskow joined Inter- act in early 2009 as president and CEO. He previously had worked in sales and marketing in the software industry for more than twenty years.A. What are the advantages of having formed the company as a corporation?B. What other organizational structures would have been appropriate?C. Could Interact Systems qualify for S corporation status with the IRS? Why or why not?D. What is the intellectual property involved in Interact Systems’ business model?E. What methods of protection are available for Interact Systems’ intellectual property?F. What considerations are important in deciding whether to use an employment contract for the newly hired CEO?
311-6 Every program has risks associated with it. Review an
Question 311-6 Every program has risks associated with it. Review an idea and provide a risk analysis. What are the potential risks involved with this program, and what processes can be put in place to manage these risks? One specific risk to discuss is related to cultural differences. Assume that your company is a multinational corporation…will this program work in all areas of the business? If not, how can it be adapted for the other country/countries involved? Two pages
There have been a multitude of studies that try to
Question There have been a multitude of studies that try to define a consistent set of skills that are crucial to managers. In fact, our text mentions this topic as well. From our reading this week, what are the four principal functions that managers must pursue? Begin this discussion by defining each of the four functions. Then, discuss of those four, which one you think is most critical to the success or failure of managers and describe why? Make sure you address all portions of the question in your answer.
Present a solid business plan to the executives at your
Question Present a solid business plan to the executives at your company. Two pages.
314 F in the Schwartz text, which ONE of the
Question 314 F in the Schwartz text, which ONE of the dilemmas did you find most intriguing in Chapter #7? Why? What would be your response to the question at the end of the dilemma that you chose?
314 What are some of the most common forms of
Question 314 What are some of the most common forms of unethical behavior in our workforce today? How could leadership in organizations help to minimize this ethical misconduct? Has our modern day businesses evolved to be more ethical today? Was the financial meltdown in our 2007-2008 financial markets as a failure of “people” or of our “capital market processes”? Why? Why are diversity and discrimination two important ethical factors that leaders should focus on while attempting to manage their workforce? Explain the importance of these to your employees. Are corporate outreach and company sponsored volunteer programs a good idea for organizations to implement? Why? Why would you implement these programs? Six pages
Please prepare a budget presentation to give to the executives
Question Please prepare a budget presentation to give to the executives of the company. Two pages.
Two friends start a business as a partnership with no
Question Two friends start a business as a partnership with no agreement governing their rights as business partners. What are the implications of this decision if the business is successful? What are the implications of this decision if the business is unsuccessful? Would a written agreement help sustain the business as it develops over time? Explain
a. Why are accurate estimates critical to effective project management?
Question a. Why are accurate estimates critical to effective project management? [5 marks]b. Explain and give examples of three types of project costs? Which costs are controllable by the project manager? [5marks]
9.1. Explain the importance of decision for managers at each of the
9.1. Explain the importance of decision for managers at each of the tree primary organization levels along the associated decision characteristics.9.2 Classify different operational support systems managerial support systems, and strategic support, systems and explain how mangers can use these systems to make decision and gain competitive advantages.9.3 Describe artificial intelligence and identify its five main types.CHAPTER 10: Extending the Organization Supply Chain Management10.1 Describe supply chain management along its impact business.10.2. Identify the three components of supply chain management along the with the technologies reinventing the supply chain.CHAPTER 11: Building a Customer-centric Organization-Customer Relationship Management 11.1. Describe customer relationship management along whit its importance to a business.11.2. Differentiate between operational and analytical customer relationship management.11.3. Identify the three current trends extending customer relationship management.CHAPTER 12: Integrating the Organization from End to End-Enterprise Resource Planning 12.1. Describe the Role Information plays in enterprise resource planning systems.12.2. Identify the core and extended areas enterprises resource planning12.3. Discuss the current Technologies organization are integrating enterprise resource planning systems.
src=”/qa/attachment/9491278/” alt=”CS3.jpg” />Please show me how to generate the planning
Question src=”/qa/attachment/9491278/” alt=”CS3.jpg” />Please show me how to generate the planning model in excel so I can reproduce it. If Practice reproducing mathematical equations enough I get a much better understanding, and have a chance on my test. Thank you for your help! Attachment 1 Attachment 2 Attachment 3 ATTACHMENT PREVIEW Download attachment CS1 2.jpg Case Study Suppose you are a recent business student graduate who is planning to offer personal financial advice to clients. In preparation for this business venture, you developed the following financial planning model. Lesson 11 Basic Scenario : Date Age 30 Current Salary $60,000 Current Portfolio $25,000 Annual Investment Rate 5% Salary Growth Rate 4% Portfolio Growth Rate 8% Year Beginning Balance Salary New Investment Earnings Ending Balance Age CO CO NO UI A W N – $25,000 $60,000 $3,000 $2, 120 $30 120 31 $30, 120 $62,400 $3, 120 $2,534 $35,774 32 $35,774 $64,896 $3,245 $2,992 $42,011 B3 $42,011 $67,492 $3,375 $3,496 $48,881 34 $48,881 $70, 192 $3,510 $4,051 $56 442 35 $56, 442 $72,999 $3,650 $4,661 $64 753 36 $64,753 $75,919 $3,796 $5,332 $73,881 BT $73,881 $78,956 $3,948 $6,068 $83 897 38 $83,897 $82, 114 $4. 106 $6 876 $94 879 39 10 $94,879 $85,399 $4,270 $7 761 $106 910 40 DateRead more ATTACHMENT PREVIEW Download attachment CS2 4.jpg Cells B3 through B8 are active cells that can be changed to reflect your client’s actual data as far as age, salary, portfolio, investment rate, salary growth, and portfolio growth rates. Rows 11 and beyond will automatically recalculate based on the data entered on cells B3 through B8. Once you developed the above model, you began to think of these questions: a. Are salary growth rates truly expected to remain flat, that is, the same salary rate increase every year? b. Is it reasonable to expect a flat portfolio growth rate increase each year? Financial markets vary widely over time, so you are now thinking that a flat growth rate is not reasonable. Based on your analysis and taking into consideration the above questions, you decide to create a simulation model that accounts for the following: a. Annual salary growth rate from 0% to 4% b. Annual portfolio growth rate on average 8% with a standard deviation of 5% ATTACHMENT PREVIEW Download attachment CS3.jpg Essay Questions 1. Recreate the financial planning model exactly as presented in the scenario using Excel AND extend the solution to year 20. What would be your ending balance at age 50 assuming the variables given in Cells B3 through B8? 2. Based on your answer to question 1, what should your annual investment rate need to be if your goal were to reach $350,000 at the end of year 20? HINT: Use Goal Seek in Excel (Review Appendix A if needed) 3. Redesign the financial planning model to incorporate the random variability of the annual salary growth rate and the annual portfolio growth rate into the simulation model. Run the simulation 1 time. What would be your ending balance at age 50? 4. Based on your answer to question 3, what should your annual investment rate need to be if your goal were to reach approximately $400,000 at the end of year 20? HINT: Use Goal Seek. 5. Discuss how the financial planning model you developed can be used as a template to develop a financial plan for anyone.
This question was created from ACC 201 Final Project II
Question This question was created from ACC 201 Final Project II Guidelines and Rubric.pdf https://www..com/file/29950260/ACC-201-Final-Project-II-Guidelines-and-Rubricpdf/ Please anwer these questions in your own words. I dont get what they are trying to say ATTACHMENT PREVIEW Download attachment 29950260-337131.jpeg Prompt In a professional relevance essay, draw connections between the accounting principles that you demonstrated in Final Project I and t applications within your own professional practice. Specifically, you must address the critical elements listed below. Most of the critical elements align with a particular course outcome Introduction: Briefly describe your current or aspiring professional identity, including the field in which you work or hope to v (or will) financial accounting play a role in your day-to-day professional life? [ACC-201-01]
how owners, employees, customers, suppliers and society is important to
Question how owners, employees, customers, suppliers and society is important to an organization’s success ( explain each) and the obligations each of them has to the other?
if i was asked to analyse leadership for example considering
Question if i was asked to analyse leadership for example considering the trait approach ? what shall i write ? it seems i am repeating the book ?isn’t it
How is co-ordination achieved in team-based, project-based and process-based structures
Question How is co-ordination achieved in team-based, project-based and process-based structures and what type of capabilities do they support?
Name the three benefits that would be most important to
Question Name the three benefits that would be most important to you as part of your personal compensation package.Thinking about your past jobs have you ever been surprised about your actual job duties once your were employed? Can you explain?
Based on the knowledge that you have acquired from the
Question Based on the knowledge that you have acquired from the above mentioned Ten Strategic Management Tools document, discuss and illustrate by means of calculations; figures or tables how you would apply each of the ten strategic management tools. Apply an AGRICULTURAL example in your discussion with regards to the specific or required variables for each of the 10 strategic management tools in this discussion
6: JUPITER DRUG CORPORATION: CRYING TIMEMs. Justina Concepcion has been
Question 6: JUPITER DRUG CORPORATION: CRYING TIMEMs. Justina Concepcion has been working in the past three years as branch manager of Jupiter Drug Corporation in Cabanatuan City. As branch manager, she oversees the operations of five stores located in different parts of the city. The stores open at 8:00 A.M and close at 8:00 P.M. each store is manned by a store manager plus nine other employee inventory clerk, a cashier, a utility boy, and six salespersons. Ms. Concepcion has the full authority to hire and fire any employee within her branch except the store managers. It was one morning when she was browsing on various documents forwarded to her, that she noticed four letters of resignation. Two cahiers and two sales persons prepared the letters. She thought that she must act quickly on the resignations. The letters indicated reasons that she found hard to accept. One employee stated that he was resigning because he would attend to the needs of the family farm. With Ms. Concepcion’s experience with the company, one resignation per year is considered normal, but four resignation in a month is too much, she thought,.she immediately contacted a trusted employee to seek out the real reasons. She found out that the two cashiers made a written request two months earlier about swapping assignments with another. They said that once approved, their new assignments would bring them within walking distance of their residences. It appears that the concerned store manager on the request made no action. One of the salespersons resigning indicated that she was confused in doing her job. Most of her time was spent on entertaining customers, but at other times, she was ordered to perform bookkeeping functions. When the store manager reprimanded her for logging in the lowest rate sales record she filed her resignation. The other salesperson resigned because he thought the store manager was unfair to him when an amount equivalent to three days absence was deducted from his weekly earnings. The salespersons objected by saying he only made one-day absence on account of illness. The store manager, however, was not convinced. Ms. Concepcion is now considering the moves will have to make.LEARNING ASSESSMENT:Asses the communication barriers encountered in the case.Evaluate the situation and propose appropriate form and means of communication for the firm.Propose communication techniques/ model for Jupiter Drug Corporation.what are the problems? Solution? RecommendationConclusion
1.The average time for an eye exam is 20 minutes.
Question 1.The average time for an eye exam is 20 minutes. Since this is such a routine process, no variation around the average would be expected.TrueFalse2.The line below the target in a control chart is called the _________________ .upper target limitlower control limitlower acceptable limitminimum process tolerance3.There is little difference between Lean and Six Sigma.TrueFalse4.When a sample result falls between the UCL and LCL the process would be considered in control.TrueFalse5.In most organizations, delays or non value added activities represent less than 10 percent of total processing timeTrueFalse6.The purpose of Multi-Vari analysis is to ________________ .eliminate process variationplot sample resultsdisplay process variationIdentify process inputs7.A lean processes minimizes _________________ .non value-added stepsprocess variationcustomer complaintsvalue-added steps8.Variation in process outcomes is common. Restaurants, for example, cannot provide the exact same quality with every meal served to its customers.TrueFalse9.The reality is that for most products and services reasonable quality not perfection is necessary.TrueFalse10.Which of the following is not one of the Seven Wastes.InventoryDefectsWaitingStorage11.The benefit of using the range to measure variation in a dataset is that it takes into consideration every item in the dataset.TrueFalse12.The greater is the standard deviation, the greater is the variation in a dataset.TrueFalse13.The percentage of observations that fall between plus and minus two standard deviations from the mean of a normal distribution is ______ percent.509599.510014.Which of the following is one of the Five Ss?StoreScheduleShineSubmit15.The centerline in a control chart represent the __________ .UCLTargetLCLprocess standard deviation16.The horizontal bar positioned on the vertical line in a Multi-Vari chart represents the observed ________ of the process.MeanTargetLimitsRange17.The distribution of sample means is normal for sample sizes exceeding _____ regardless of the shape of the distribution.1020305017.The distribution of sample means is normal for sample sizes exceeding _____ regardless of the shape of the distribution.1020305018.Consider twenty numbers in a dataset. If the dataset is arranged from lowest to highest number, then the difference between the lowest and highest numbers is called the ___________ .TargetMeanStandard DeviationRange19.The means of samples taken from the same population and of the same size should be identical.TrueFalse20.According to the Central Limit Theorem _______________ .The distribution of sample means will be normal if the sample size is large.all distributions are normally distributed.Most sample means cluster toward the tails of a distribution.there is no need to take a sample if the population is greater than 30.21.Which of the following can be used during the initial stages of a process design effort to prevent problems from occurring.Multi-Vari chartSIPOCValue Stream MapPoka-Yoke22.Which of the following is true about setting six sigma limits as the standard for process performance.All processes should be set to these standards to encourage near-perfect results.Six Sigma standards could be too costly for some processes to achieve and the standard should set to better balance between quality and costs of achieving that level of quality.There are no products or services for which this standard would be appropriate.It is appropriate for products but not services.23.Consider two normal distributions, A and B. If the standard deviation of distribution A is much larger than the standard deviation of distribution B then distribution A will be spread out much wider from its mean that is the spread in distribution B.TrueFalse24.The mean of a normal distribution is 25. The standard deviation is 2. What are the six sigma limits?10 to 4013 to 3719 to 3123 to 2725.The target in a control chart represents the average process output when it is stable and in control.TrueFalse26.The length of the arrows in a Value Stream map are not related to the length of the delay.TrueFalse27.Which of the following DMAIC stages requires access to data?InvestigateCountMeasureControl28.When a thorough job of process design or redesign has been undertaken, it will be unlikely to encounter any resistance from those who will be subject to the changes.TrueFalse29.If the standard deviation for one dataset is 10 while the standard deviation in a second dataset, whose mean is the same, is 30, it would be reasonable to conclude that variation in the first data set is greater.TrueFalse30.Productive time is always greater than elapsed time.TrueFalse30.Productive time is always greater than elapsed time.TrueFalse31.The likelihood that a data value is above the mean of a normal distribution is ___________ percent52550Not enough information givenIf the mean of a normal distribution is 20 and its standard deviation is 3, between which values would 99.5 percent of the data observations be expected to fall? 3211 and 2913 and 2714 and 2617 and 23In a normal distribution, most data observations would fall in the tails of the distribution. 33TrueFalse34.If the mean of a normal distribution is 20 and its standard deviation is 3, what percent of the data observations would be expected to fall between plus and minus 2 standard deviations of the mean?25509599.535.Which of the following is similar in function to a Value Stream Map?Process MapPoka-Yoke MapMulti-Vari MapSIPOC MapIn general, most organizations set their quality targets at ___________ Sigma. 36ThreeFourFiveSix37.The distribution of sample means will be narrower than the population variation from which these samples are taken.TrueFalse38.Two samples from the same process and of the same size are taken. It would be expected that both sample means would be the same if the process is stable and in-control.TrueFalse39.Regardless of the shape of the population distribution, the distribution of sample means for sample sizes of 30 or more will be normally distributed.TrueFalse40.There is a small chance for a sample to fall outside the LCL and UCL and yet the process will still be in-control.TrueFalse41.The standard error of the mean is used in setting the LCL and UCL because the control chart is used to record sample means not individual outcomes.TrueFalse42.Which of the following is used to compare variances?Hypothesis ChartMulti-Vari ChartRegression PlotVariance Plot43.How many defects per million opportunities is associated with a six sigma designed process?3.466.616644.There are always more stakeholders than there are process owners.TrueFalse45.A Response Plan specifies what steps need to be taken if a quality control problem occurs.TrueFalse46.A control plan focuses on the management of the entire quality control process.TrueFalse47.If a process can easily meet its objectives, process capability is low.TrueFalse48.When comparing two proposed projects, the one with the lower benefit-cost ratio would be favored over the one with the higher ratio.TrueFalse49.Patient satisfaction at an urgent care center is measured by sampling customers every month. Satisfaction is measured on a scale of 1 to 100 where 100 represents ‘very satisfied’. Management has set a target of 85. For the process to be stable it is not necessary for every sample mean to be exactly 85.TrueFalse50.When designing a new process, the objective would be to design it in such a way that process capability is exactly one.TrueFalse51.Poka-Yoke is a Japanese term whose translation is _______________ .Error ReductionMethods RedesignMistake ProofingValue Assurance52.A Poka-Yoke strategy to prevent human error from occurring is to make the wrong action more difficult to choose.TrueFalse53.FMEA focuses on finding the root-cause of a problem after units have been processed and before they are shipped to the customer.TrueFalse54.RPN is an abbreviation for __________ .Risk Probability NumberResponse Priority NetworkRetake Principal NetworkRisk Priority Number55.If the severity of the effect on the customer is 9, the frequency with which the problem is likely to occur is 2 and the difficulty associated with detecting the problem is 10, the RPN is _______ .182118036056.Risk Priority Numbers are useful in prioritizing problems that need to be addressed.TrueFalse57.If 100 units were processed through a manufacturing process but only 80 were completed, the First Time Yield would be 180 percent.TrueFalse58.A Five Sigma process would be expected to produce fewer than 3.4 defects per million opportunities.TrueFalse59.The likelihood that a process will finish all of the required steps without any failures or rejects is called _______________ .Defects Per UnitFirst Time YieldRolled Throughput YieldProcess Success Rate60.The percent of outcomes that would be expected to occur above and below two standard deviations from the mean would be ______________.5 percent10 percent25 percent50 percent
Your goal in this assignment is to create a plan
Question Your goal in this assignment is to create a plan managerial plan for yourself. Explain the kind of leader/manager you aspire to be by expounding on the characteristics, knowledge, and skills you feel are necessary. Taking into account the tools and techniques
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