Sunday, October 6, 2019
Ethics Case Study Essay Example | Topics and Well Written Essays - 500 words
Ethics Case Study - Essay Example In general, the LPN has less training and less education requirements than the RN. In any office, it is the RN who is able to sign prescriptions and administer medication to patients. The LPN is under the supervision of an RN and therefore cannot dispense medication or prescriptions without the okay from the RN. In this situation, Jerry McCall does not know this patient and therefore does not know the dosage that the doctor has given him in the past. Also, the patient could be lying so McCall should look at the individuals chart before doing anything. What Jerry should do in this situation is tell the patient that he will talk to the doctor about it and see what he can do. He cannot take the word of the patient that the doctor has given him Valium in the past. Jerry can tell the patient that the doctor is currently out, but he will page him and ask him about the prescription. It does not matter whether the patient needs medication for high blood pressure because the point is that the LPN must always have a doctor or an RN sign off on their work. If Jerry were to call in the refill and something happens to the patient, he is not protected from a lawsuit because he went beyond his scope of practice if he calls in the medication. The doctor that he works for would be in the most trouble under the doctrine of respondent superior. In terms of ethical and legal issues, Jerry must first think about the oath of "do no harm." If he were to prescribe the Valium, and something should happen to the patient or the medication should have an adverse affect, his boss would be the most liable in the situation. However, Jerry has acted under his own will if he gives the medication and legally, he was not able to dispense this medication on his own, which means he could lose his license to practice. Depending on the state that the individual is practicing in, they may have more legal responsibilities in this case. Ethically, Jerry is bound by whatever training he had and the
Saturday, October 5, 2019
Coastal and Marine Management Assignment Example | Topics and Well Written Essays - 1000 words
Coastal and Marine Management - Assignment Example From this paper it is clear thatà individuals mostly from the coastal communities have a platform to undertake diverse economic activities. They essentially stand to benefit from the large number of people visiting the waterfront at any given time. Some of the economic activities that have been inspired by the presence of the waterfront include marine construction, collection of offshore minerals and precious stones for sale, ship and boat building and repair, marine transportation, selling ornaments and corals to visiting groups. These economic activities have made many youths who were idling in the streets find something of economic significance to do. Consequently, the economic activities have led to the growth of market centers and towns in regions with actively working waterfronts. Furthermore, such activities have promoted the long-term prosperity of coastal communities and their working waterfronts.This essay stresses that in light of strengths, the working waterfront has a steady flow of visitors throughout the year. This makes it a viable economic ground for any business venture. Furthermore, it provides a platform that attracts investors from both the local and foreign market hence is self-sustaining. Its future prospects are high given those visitors at the site keep on growing exponentially.à Given the large numbers of visitors coming in at any given time, there is need for regular maintenance to keep the waterfront working in season and out of season.
Friday, October 4, 2019
Organisational Behaviour Essay Example for Free
Organisational Behaviour Essay In any organisation, the employers exhibit varied behaviours. Behaviour is a social corporate responsibility (Antal Sobczak, 2004). An organisation should not just demand some kind of behavior but be incorporated in ensuring that this is achieved. The systematic study of how individuals act in an organisation, either individually or as a group is referred to as organisational behaviour (Michael, 2005). There exists many factors that would shape the way people interact in organisations. These seek to predict, control and explain some facts. Despite major criticisms concerning the ethics of controlling the behavior of workers, organisational behaviour has been very instrumental in the development and success of organisations. In the modern world, organisational behaviour is a rapidly growing field. People from different regional and cultural backgrounds have to work together thus making it necessary to moderate the way they interact. These studies have been integrated with other domains for effectiveness, these are: anthropology, ethics and leadership. The leadership domain seeks to give an insight into the role leadership plays in an organisation in the change management process. An individual learns some behaviour from an organisation either directly or indirectly (ICMR, 2007). Theories widely accepted in learning are cognitive, behaviouristic and social learning theories. Learning is attributed to the association between stimulus and response. In behaviouristic theory, the desired behaviour is achieved through the application of theories on behaviour. This theory tends to deal with those skills learnt to be used later excluding those capabilities that are inborn (Behavioural Theory, 2008). People are taught and learn rather than inherit traits. In the context of Waiting Tables for Godot passage, we can analyse some of the traits that are taught rather than the inherent ones. Jean-Pierre Godot, the owner of La Maison taught his staff some of the things he expected them to observe. He taught the workers to work as a team and work excellently for that matter. It is out of this that Diane knew that she had to give her best. How else could she be excellent? In essence, she was putting into practice what was taught to her by Godot; excellence in duty. It is also easy to see that Diane had acquired some other knowledge elsewhere. She had learnt to balance several plates on her arms. Diane could speak French despite living and studying in Australia. It is therefore only wise to conclude Diane should have been taught French. This enabled her to perform well since it is clear from the passage that she was an excellent worker. Customers complemented her for offering efficient service and even gave her tips. Cognitive theory involves learning through mistakes (Domjan, 2003). An individual avoids the path leading to pre-committed mistakes the next time similar activities are undertaken (Jaffee, 2000). In the case passage, when Diane dropped a bowl of bouillabaisse appetiser, her boss yelled at her and even went ahead to deduct $44. 95 form her pay. This taught Diane that carrying many order plates at once was not safe. It also made her realise that Godot was not concerned with the good deeds by the workers but rather by their shortcomings. Slowing down her pace was the immediate lesson that Diane learnt from this experience. From the same mistake, the University of Canberra student realised that with a slower pace, she would make little money to meet her needs. It was only advisable for her to carry on at the same pace but take more caution to avoid any outbursts from her boss. Lastly, the kind of behaviour that is passed on through observation is expounded in social theory. An individual watches some traits that others exhibit and adapts the same. It is very common with children. According to Miller and Dollard (1941), the observer imitates the observed action which is then adapted and rewarded with a positive reinforcement. Diane, a newly employed worker at La Maison observed the cook being scolded by Godot. She immediately learnt that she had no option but to give the best in her capacity if she was to avoid any trouble. By observing the nature of her customers, she learnt to be friendly and even employ some other skills like speaking French when need be. Diane observed that by warmly welcoming customers she had served before, she was able to retain them. She thus employed her courtesy skills to retain customers. Social behavior includes the inherent characteristics. Diane exhibited traits like the art of balancing several plates on her arms. She was also talented in the recommendation of wines that go well with specific meals. This Canberra student had persuasive skills to convince customers to buy lavish desserts by the way she described them. Her memory never failed. She correctly entered her orders and duly delivered them. Moreover, she remembered repeat customers and ushered them back warmly. These are some behavioural traits that are not necessarily taught. They could be inborn. Consequences have been used in many cases to determine the occurrence of behaviour. This is referred to as operant conditioning or instrumental conditioning. Learning occurs only at that point where the learner appreciates the connection that exists between behaviour and its consequences (Wagner, 2005). It is operated in by the environment but maintained by consequences. Reinforcement and punishment could either be positive or negative. The positive aspect is achieved when it is delivered due to some response whereas the negative is withdrawn due to a response. Extinction is another tool of operant conditioning where there exists no change in consequences following some response. In punishment, the behaviour of an individual is weakened following the experience of some negative condition (Operant Conditioning Basics, 1999). It is of significance to note that it is only response that is extinguished, punished or reinforced. Positive reinforcement exists where a pleasant stimulus that enhances a certain behaviour is a result of a response. In Waiting Tables for Godot, customers kept complementing Dianes service as a consequence of her excellent service. They would also give tips to this University student. Godot on the other hand always yelled at her workers. The La Maison owner would even use French to express his dissatisfaction. In a way, this made sure things get done the right way. It is seen that even Diane becomes more careful when handling his order plates to avert losses like the one experienced before. Godot explained to new workers what he expected from them; excellent job. This, if taken from Dianes reaction, shows that workers gave their best because of this initiative. On the other hand, negative reinforcement is a situation where a behaviour is a result of stopping a negative condition, usually considered unpleasant. For example, when Godot scolds his cook and chef, they get things moving. When he yells out his anger at Diane for dropping bouillabaisse appetiser on the carpet, Diane reconsiders how careful she is with her job. She therefore averts the negative consequences where she has to break her employers property and even have her pay deducted for compensation. It is also clear that Diane finds some work to do during her vacation than just stay at home to avoid rice and spaghetti meals when she resumes back to Canberra University the following semester. Positive punishment would refer to a situation where a response occurs as a result of an aversive stimulus. This includes the introduction of loud noise or shock. Jean-Pierre Godon knew how to employ this tool. He would yell at his workers if only to get things moving faster. Regularly, he would speak in French if only to drive the point home. At one particular time, when Diane dropped the bouillabaisse appetiser, she was scolded and part of her salary deducted to cater for the losses her employer had incurred. This produced positive change as she became more careful in whatever she handled in La Maison thereafter. When Dianes pay was slashed, she opted to observe extra caution. Not only was her pay deducted but she also lost a considerable amount of tips because of the slow down in her service. This served to improve the way she handled her order plates. This condition where a favorable outcome is withdrawn following an unpleasant behaviour is known as negative punishment (Wagner, 2005). Both the negative and the positive punishment result to decreased behaviour. There are conditions that result when a behaviour that had been reinforced previously ceases to be effective. This is extinction. In the case passage, Diane is portrayed as a very efficient worker who would go extra lengths to accomplish her duties. For instance, she would balance several plates on her arms which made her avoid many trips to the kitchen. She would also carry out her duties so well that Godot, her boss, never crossed paths with her. However, on the day she messed herself by dropping appetiser of bouillabaisse on the carpet, all these things ceased to be meaningful. Her expertise in balancing several plates in her arms was no longer a positive attribute. It had cost her $44. 95 of her pay. It was therefore not worth going on with this but rather resort to carrying just a few plates at a time. Although she did not break any item in La Maison henceforth, Godot was still irritated with this University student. Godot was not satisfied with her wait staff effort. No matter how hard they tried to fulfil their bosss demands, Godot would still hurry them up with insults in French. Their effort was therefore extinct. Dianes life was surely affected by these learning tools in one way or another. Positive reinforcements made her achieve her targets. When customers would complement her, she would feel that she was doing the right thing. This motivated her to offer the best that she could. Customers would tip her, t times to a high of $23 a day which implied to Diane that she would not take rice and spaghetti in the next semester at the University of Canberra. She would also get more customers into Godots business place because of her good communication and interpersonal skills. Nonetheless, some negative reinforcement aspects caused her humiliation. When Godot finds her on the wrong and scolds her, she is forced to do away with quite a portion of her pay as compensation for the losses the boss incurs. She is prompted to reduce her service speed to avert similar happenings. When Godot imposes a fine to Diane for her actions, he knows that this will assist this lady avoid carelessness in the future. She is forced to serve lesser customers which implies reduced tips for her. This is positive punishment since it is meant to give positive results. It is out of this that this student becomes cautious with her work. Though this impacted negatively on her goals, losses in the organization was prevented. From the unpleasant behaviour of Godot in the context of Diane, this worker changes and becomes even a better employee as she does not break items anymore but becomes more cautious. There are various ways that an employer would incorporate in their management to yield the desired results. Godots idea was to pay per hour and allow the workers have tips from customers. It would thus ensure that at no one particular hour would the workers desire to do nothing. They would always seek to be busy each unfolding hour. This simply meant that Godot would have an all time operational business. This translates to more work and more profits for him. He would also not have to pay for any wasted hours during the day than if he was to pay, say per month. It will also mean that he could employ new employees every hour and avert the problem of absenteeism. Tips on the hand encouraged the workers to serve more customers in anticipation for more tips. This similarly translates to more work and consequently profits for Godot.
Thursday, October 3, 2019
Privacy Issues in Social Networking and Social Media
Privacy Issues in Social Networking and Social Media Sophie Muthen Privacy is becoming increasingly irrelevant in the context of social networking sites and social media. Discuss. Nowadays sharing personal information on social networking sites (SNS) has become a social norm, users feel comfortable about sharing their private life online but the issues of privacy online still remains. Martin Zuckerberg stated himself in 2010 that users of SNS have now become more open, sharing more and more personal information online and with a greater number of people. This may have become a social norm in our modern times but users should keep in mind that those information can be used in harmful ways such as for identity theft or stalking. Therefore a balance should be kept between online disclosure and privacy as tipping the scales may be harmful to the users. Users of SNS should take into consideration what kind of information they share online and to whom it should be divulged to. This is why users of social networking sites should develop technical skills to protect their privacy online. This essay will explore the different privacy issues people may face on SNS and ho w a balance between online disclosure and privacy should be maintained to successfully function in both the online and offline world. A clear understanding of social networking sites and privacy issues online is the key to this issue. In the recent years social networking sites (SNS) have attracted millions of people as on such sites people can communicate in various ways. As Beye et al. (n.d) SNS allow people to create a network that represent their social ties, easily share media content online, provides a communication channel and share the daily aspect of their life with friends. However there are potential threats that are posed to privacy of the users, as due to SNS personal information are exposed to a wider audience and often information about a user are posted by others without the his or her consent. Therefore social media complicates the boundaries of what personal information are rendered public. Users of SNS have become so comfortable with the sharing of personal information online that they are not aware of the dangers they face online due to privacy issues. Sharing our everyday life with friends and relatives with just a few clicks is indeed nice but people often forget that digital information is ââ¬Å"persistent and can arbitrarily be copied, distributed, and repurposedâ⬠(Debatin, 2011, p. 57). When creating a profile on SNS you are to provide information such as your age, name and the country where you live. These information can easily be accessed either by the public or hackers and this is what leads to identity thefts. As all your personal information are available on the site anyone can use this information to steal the identity of users. Another problem that arises from privacy issues is stalking. Zheleva and Geetor (2009) explains that while the user may choose to make his profile private the friendship links and group affiliation are often visible to the p ublic. This is how the information leaks occurs, people not in your group of friends can see the posts in which you are tagged in which is how they may be able to access your personal information even though your profile remains private. These information link may allow stalkers to follow your activities online. This may also happen when you befriend people online without knowing their identity. Nowadays it has become a trend to share your everyday activity online, for example, you could post that you are at Bagatelle mall right now. This may allow stalkers to know your every move and schedule daily. The problem of stalkers can also be linked to sexual predators, who looks for younger girls on SNS and add them as friends, they then view the personal information of those girls and stalk them online. Another privacy that users can face is that the information they shared remains online even after four to five years when they have forgotten about it. Companies or the law for investigat ions of social background. Users should be aware of those various privacy issues and share personal information with caution on SNS. While discretion should be exercised when sharing personal information online, there are various benefits to online disclosure. In real life when forming social bonds you selectively reveal personal information, to feel closer to the person and get to know each other. Therefore when doing so on social networking sites (SNS) people also create social bonds with each other. They get to know each other and form friendships but in an online environment. So, SNS has given people a network where they can socialize and form social bonds with people without being limited by distance or time. For example, a man from Mauritius could be able to communicate with a woman from France if he wishes to. SNS have therefore removed this barrier of distance in socialization, allowing people from all other the world to communicate with each other. ââ¬Å"Benniger (1987) describes how mass media has gradually replaced interpersonal communication as a socializing forceâ⬠(Barnes, 2006). SNS have also increased the number of people with who we can socialize with as due to those websites users are able to form social bonds with multiple people at the same time. ââ¬Å"SNSs have amplified the threshold to the number of social bonds any one human can haveâ⬠(Papacharissi Gibson, 2011, p. 82). When using SNS you share personal information about yourself, which in turn allows you to connect with people with similar interests or mind set. This allow people to feel less isolated as they are able to communicate with people which are similar to them and they are even able ââ¬Å"mobilize to address the issues that matter to themâ⬠(Westlake, 2008, p. 37). The ability to connect with people through social networking sites has made us arguably more social. A balance between online disclosure and privacy is essential for SNS to have a beneficial effect on peopleââ¬â¢s life. As Debatin (2011) explains, people donââ¬â¢t often realise the importance of privacy as the impact of disclosure is not immediate whereas the benefits of SNS are tangible and felt immediately. While privacy is a basic human right acknowledged by the UN Declaration of Human Rights, users of SNS have to insist on their privacy rights and acquire the technical skills to be able to protect their privacy online. To do so users must be aware of the privacy issues they face online and develop strategies to solve this issues. Nowadays users of social networking sites can choose the level of privacy on their profile, they are able to manage their online privacy themselves and decide if certain information will be visible to the public or only to their friends. ââ¬Å"In order to address usersââ¬â¢ privacy concerns, a number of social media and social network websites , such as Facebook, Orkut and Flickr, allow their participants to set the privacy level of their online profiles and to disclose either some or none of the attributes in their profilesâ⬠(Zheleva Getoor, 2009, p. 531). Users must therefore learn how to manage those privacy settings to build a secure environment on SNS which will then prevent them from facing issues such as identity theft or stalking. They must make the most of the features provided by SNS to protect their privacy. Developing the appropriate skills to use social networking sites allow users to maintain the fragile balance between online disclosure and privacy. Social media has changed our mind set concerning the amount of personal information that should or should not be rendered public. In the late 1990ââ¬â¢s when the internet began gaining popularity it was almost unthinkable to post your photo, location or even your real name online. With SNSs finding success in the mid 2000ââ¬â¢s, people allowed this technology to enlarge their comfort zones, as it gave them more freedom to share personal information online and therefore with time making them feel more at ease to do so. Facebook founder Mark Zuckerberg even goes as far as saying that ââ¬Å"privacy is no longer a social normâ⬠(BCS, 2010). We have been changed by this new technology and while online disclosure has many benefits such as uniting people and creating social bonds, users must keep in mind that they must make the most social networking sites while keeping their right to privacy intact. It has been argued that a balance between privacy and online disclosure is essential when sharing information on SNSs. The dangers of not taking into consideration privacy issues were weighed up against the social benefits of disclosure. It was therefore concluded that the logical solution was for users of SNSs to understand the functioning of social sites and make the best of their privacy settings to create a safe environment online for them to communicate and share personal information with other people. The potential of SNSs to create social enhancement should be embraced but a balance must be constantly kept between privacy and online disclosure. References Barnes, S. (2006). A privacy paradox: Social networking in the United States.First Monday,11(9). doi:10.5210/fm.v11i9.1394 Bcs.org,. (2015).Zuckerberg: Privacy no longer a social-norm | BCS The Chartered Institute for IT. Retrieved 1 June 2015, from http://www.bcs.org/content/conWebDoc/34018 Beye, M., Jeckmans, A., Arkins, Z., Hartel, P., Lagendijk, R., Tang, Q. Privacy in Online Social Networks, 1-3. Retrieved from http://doc.utwente.nl/81270/1/Beye12privacy.pdf Boyd, D., Hargittai, E. (2010). Facebook privacy settings: Who cares?.First Monday,15(8). doi:10.5210/fm.v15i8.3086 Debatin, B. (2011). Ethics, Privacy, and Self-Restraint in Social Networking. In S. Trepte L. Reinecke (Eds.), Privacy Online: Perspectives on Privacy and Self-Disclosure in the Social Web (pp. 47-60). Berlin: Springer-Verlag. Dwyer, C., Hiltz, S., Passerini, K. (2007). Trust and privacy concern within social networking sites: A comparison of Facebook and MySpace. Houghton, D., Joinson, A. (2010). Privacy, Social Network Sites, and Social Relations.Journal Of Technology In Human Services,28(1-2), 74-94. doi:10.1080/15228831003770775 Madden, M. (2012). Privacy management on social media sites. Papacharissi, Z. Gibson, P. L. (2011). Fifteen Minutes of Privacy: Privacy, Sociality, and Publicity on Social Network Sites. In S. Trepte L. Reinecke (Eds.), Privacy Online: Perspectives on Privacy and Self-Disclosure in the Social Web (pp. 74-89). Berlin: Springer-Verlag. Walther, J. B. (2011). Introduction to Privacy Online. In S. Trepte L. Reinecke (Eds.), Privacy Online: Perspectives on Privacy and Self-Disclosure in the Social Web (pp. 3-8). Berlin: Springer-Verlag Westlake, E. (2008). Friend Me if You Facebook: Generation Y and Performative Surveillance.TDR/The Drama Review,52(4), 21-40. doi:10.1162/dram.2008.52.4.21 Zheleva, E., Getoor, L. (2009). To Join or Not to Join: The Illusion of Privacy in Social Networks with Mixed Public and Private User Profiles, 531-535. Retrieved from http://www2009.eprints.org/54/1/p531.pdf Sophie Muthen 18073799 Essay
Wednesday, October 2, 2019
Hemingways a Clean, Well-lighted Place And His Life Essay -- essays
Hemingway's "A Clean, Well-Lighted Place" and His Life Ernest Hemingway was born on July 21st, 1899. He was the son of Dr. Clarence Edmonds and Grace Hall Hemingway. He grew up in a small town called Oak Park, Illinois. Hemingway was brought up in a somewhat conservative household by his parents who pushed the value of politeness and religion. It wasn't until he began English classes in school that his writing talent began to shine. After he graduated from high school Hemingway turned his back on university and he decided to move to Kansas City. It was there where he got his first job as a writer. He was a reporter for the Kansas City Star. The Star was the first to introduce to him the news writing format which demands brief, to the point sentences and the smooth flowing of ideas. It seems that Hemingway adapted this style to his fiction writng. Hemingway demonstrates this talent in a short story called "A Clean Well-Lighted Place". When he was 19 Hemingway enlisted in the army. He was rejected due to a defective left eye. He then turned to the Red Cross in which he became a second lieutenant. The Red Cross brought him to the front lines of the war in Italy. It was here where he saw many disturbing sights which probably had a hand in shaping his character. After extensive injuries from the war, Hemingway returned unhappily to Oak Park...
Graduation Speech: The Important Things in Life -- Graduation Speech,
Well, I am supposed to give a speech, so sit back and enjoy the ride, hopefully it will not be too bumpy. I am sure all of us are really excited by now. You're probably thinking, "Yeah, we are finally out of here. We've survived all four years. It's time to party and move on in life." Yet, we are losing a great deal. We'll lose a lot of great teachers, we are giving up this small caring community, and in return we are moving to larger schools -- where we will be known by number rather than name. And we are splitting up. We are all going our own ways, and many of us will never see each other again. Yeah, we are losing a great deal, but we can't say we haven't gained anything because it just isn't true. We've gained knowledge, experience, responsibility, maturity, integrity and a diploma. These are all very important, but we have gained something much more important than all of these. We have gained a class ... friendship ... a sense of community. Throughout these last four years we have grown so tightly together that we have become one single identity -- the graduating class ...
Tuesday, October 1, 2019
Baldwin Bicycle Company: Background of the Study
BA-561 MAC Abdulgaffur G. Deki Oscar M. Inocencio Chester V. Lagutin Felomena C. Baal Edsel Cariz J. Tiu 12 October 2012 ââ¬Å"Baldwin Bicycle Companyâ⬠Background of the Study: Baldwin Bicycle Company (BBC) is a full-line bicycle manufacturing company with 40 years of experience. In 1982, BBC has revenue of over $10M for 98,791 units produced. BBC exclusively distributes through independently-owned retailers, their bicycles are known for their above-average quality. In May 1983, a rapid-growing Northwestern discount retail chain, Hi-Valu, Suzanne Leister, VP Marketing, proposed a private-label agreement.Under this program, BBC would manufacture the Challenger line of bicycles exclusively for Hi-Valu. The Challenger line was to be a low-priced value bicycle, sold at retail prices under BBCââ¬â¢s normal product lines. Statement of the problem: What is the overall impact to the company if BBC will accept the proposal in terms of? a. ) PROFIT b. ) RETURN ON SALES c. ) RETURN ON ASSETS d. ) RETURN ON EQUITY Objectives: 1. To be able to show and analyze the proposal depending on the result which will be used to serve as a basis for making decisions. 2.To determine the total relevant cost in producing additional orders for Hi-Valu. Areas of consideration: 1. BBC sales over the next three years would be 100,000 bikes a year if they will forego the Hi-Valu deal. 2. If BBC will accept the offer, 3,000 units will be lost in regular sales volume a year. 3. According to Ms Leister, Vice President for Marketing, she was acutely aware that the ââ¬Å"bicycle boomâ⬠had fattened out, and that poor economy had caused Baldwin sales volume to fall. 4. BBC was currently operating its plant at about 75% of capacity meaning, 75,000 units is currently produced. excess capacity 25,000 units) 5. The contract between BBC and Hi-Valu is for three years and will be automatically extended on a year to year basis, unless one party gave notice that it did not wish to extend th e contract. 6. Most of BBC sales were into independently toy stores and bicycles shops, BBC had never before distributed to its product to department store. Its BBCââ¬â¢s first time to deal such client. 7. Hi-Valu wanted to purchase bikes from BBC at lower prices that the wholesale prices of comparable bikes sold through Baldwin usual channels. 8.If the proposal will pursue BBC requirement for purchasing, inventory and production cost will increased. 9. Hi-Valu would hold the units on consignment in its own warehouses and withhold payment until delivery to a specific store. 10. A bicycle would be paid within 30 days once a bicycle was shipped to a specific store or 120 days had elapsed in the regional warehouse. Alternative courses of action: 1. Reject proposal RISKS: a. ) BBC may face continually declining sales due to a poor economy. b. ) BBC will continue to produce at only 75% production capacity. c. Another disadvantage is that the offer price of Hi-Valu was lower than the r egular selling price. d. ) There is an additional cost involved in producing additional units from Hi-Valu the $5,000 additional cost plus the asset related cost. e. ) The possibility that the current dealers of BBC might drop-out line if they find that BBC is making bikes for Hi-Valu. f. ) The freight charge will be shouldered by BBC until it reached the destination of Hi-Valu warehouse. g. ) additional from regular sales of 3,000 units from regular costumers. ADVANTAGES: a. ) Maintain loyalty from current distributors . ) Maintain 40-year reputation for above average quality and price. 2. Accept Proposal RISKS: a. ) Current dealers may drop Baldwin line. b. ) Current dealers may request a similar product c. ) Putting faith in a new product d. ) BBC may find itself with an abundance of Challenger-specific inventory e. ) Extra costs may result in having to use cheaper materials f. ) Loss of ââ¬Å"street credâ⬠ADVANTAGES: a. ) Greater penetration of the mark through new market segments b. ) I f Baldwin name is not on the Challenger bike, BBCââ¬â¢s reputation may not be damaged c. Strong Challenger sales may balance weak Baldwin sales d. ) With Challenger line, BBC will be producing at a higher capacity Recommendation: The group recommends the alternative courses of action number two which state Accept the Proposal. The followi ng computations was the basis of the recommendation. Potential Problem Analysis: 1. Additional cost is involved. 2. Lost additional sales from the costumers 3. Additional investment to finance additional increase in receivables, inventories, record-keeping,tax inventory, handling labor and equipment, possible obsolescence and or damage.
Subscribe to:
Posts (Atom)