Why I Deserve to Pursue Master’s in Communication Management at the USC My desire to join the University of South California began during my high school, and it was instilled to me by my parents who used to encourage me on the need to work hard and study in the United States because they believed that the institutions in this nation were a center of exceptional education. The University of South California was known for producing professionals in various fields of study, and its reputation as one of the reasons that built my desire to pursue my master’s degree at the University. My parents used to motivate me, and this ensured my unending zeal to develop my career life at the University of South California. Success in attaining higher levels of education demands hard work, commitment, and having a clear vision and experience in the field of study. When I was growing up, I was an eager apprentice, working very hard to arm myself with the fundamental knowledge relating to communication management. I believed that my enthusiasm for learning would…
Bullwhip effect in supply chain management Executive summary The purpose of the report is to bring about an analysis of the Bullwhip effect that is persistent in the supply chain management of organizations. The report will draw attention to the importance of information in the stages of the supply chain network. Further, the report will talk about the bullwhip effect and the way it can be mitigated through GDPR principles. This relationship will be studied through literary sources. Data minimization will also be focussed on in this context. In the last section, the report will talk about the usage of data analytics in extracting useful information from the customer data. Finally, the report will suggest recommendations based on the present research about monitoring customer data in organizations to protect the privacy and confidentiality of the datasets. Table of content Introduction The purpose of the report is to highlight certain essential elements of supply chain management. The report will focus on the Bullwhip effect, which is a common phenomenon that is noticed in the process of the supply chain.…
The Impact of the Information Technology on the Credit Card risk Management Introduction The world today continues to be impacted by information technology (IT) on various facets, credit card risk management not being exceptional. The phenomenon will endeavour to define what credit card risk management entails. Furthermore, the paper will examine the impact of information technology has brought to the banking sector while keen at giving various risk management strategies and business intelligence brought about extensively by changes in IT development. Due to high competition witnessed today, many financial institutions across the world and especially banking sectors have resorted to giving credits to their customers. It is in this regard that they have managed to maintain their customers to keep the business afloat. While such a move has seen a symbiotic relationship between the two parties, much risk has been involved to the lender. Besides, the intricacies and advances of development in technologies have made operations in banking sectors and other financial institutions cumbersome. . It is no doubt that the impact of IT has sparked debate on the management…
managers can use information technology resources to compile reports and perform other management tasks With the recent trends in education, it has become vital for public managers and policy informatics analysts to have specific competencies to carry out their functions within the company. When it comes to public managers and information practices, they can participate in the implementation of information technology practices on behalf of their company. They can work in collaboration with the technicians and IT staff and help them in implementing data optimization software, virtual machines, cloud networks, and others. On the other hand, managers can use information technology resources to compile reports and perform other management tasks. For practical analysis of company policies, policy analysts should be able to update themselves and their working procedures. They should be well equipped with existing company policies. Also, for understanding the resource utilization in a project, policy analyst must be able to conduct more advanced levels of surveys. Public managers and policy analyst play an essential role in a company, and by that extension should have some competence in a…
establishing better human resource management practices in an organization Abstract The purpose of this paper is to investigate and establish better human resource management practices in an organization. Brunt Hotels is trying to set up new hotels in France, and the have to lay down a structure in their human resource to avoid failures in their new market place (Armstrong & Taylor, 2020). Human resource management is key to any organization as it determines how employees can provide better services to a company and how customers can be managed, for instance, customer acquisition, retention, and loyalty; thus, human resource management is fundamental. Introduction Brunt Hotels refer to a group of hotels in the UK that specialize in hotel services, lodging, and accommodation for long-distance travelers. Brunt Hotels have expanded their services to various locations in the UK and London. The estimated number of hotels in the UK is 60 and 20 in London. The visionary leadership of Brunt Hotels has turned the small and growing institution into a significant investment that generates enormous income every year. Brunt Hotels is trying…
Global Green Book Cost Management Global Green Books specializes in providing its customers with high-quality e-books. The company started as a small-budget project by two allies but soon grew into a big organization. However, several problems emerged during the third year, such as inability to leverage new workers effectively, failure to make timely deliveries to their clients, failure to provide high-quality texts, and failure to manage costs making them business non-profitable. Consequently, the company hired a project manager hoping to revive the business’ profit margins. As a result, the new project manager, Samantha, made several innovative decisions that transformed the status of the company. The questions raised in this discussion address these challenges and subsequent solutions, especially the issue of controlling costs. Also, this study reveals the essence of proper project management in running a business. Effective project management is crucial in the success of any business, regardless of whether it is a small project or a massive undertaking by a big organization. Over the years, the concept of project management has evolved from a philosophical understanding of a business…
internal challenges faced by both the management and the employees Abstract The human resource management is essential in all organizations. It determines the kind of people to work and not to work for the organizations. A human resource manager oversees all the activities done in the HR department, including recruitment, placement, training, and retention. However, in most cases, the HR manager is given the power to run the performance management system. Most managers relax in their jobs, thus leading to rater error while doing an annual evaluation of the customer service employees. Introduction It is a competitive world, especially in the business world; hence it’s the core duty of every organization to be cautious of their daily activities. Most organizations trust their HR management to conduct the evaluation process annually, thus gives a clear final report concerning the employees. The performance management system is used to evaluate all the activities of employees in an organization. Some employees have practical skills in communicating and learning customer behavior, but by the end of the day, they end up being underrated…
Patient Management and Delegation Charge nurses combine their clinical experience with their managerial skills to effectively execute their duties. For their assigned shifts, the responsibility of charge nurses is to oversee a specific department within a given healthcare organization. As such, they oversee admissions and discharges, manage patient caseloads, and delegate nursing assignments. Simulation activities with clinical scenarios are vital as they help nurses to practice their clinical skills and sharpen their analytical skills continuously. Besides, simulation activities help nurses to improve their ability to pay attention to detail during patient observation and diagnosis. Experience As the charge nurse in the simulation, I happened to improve my patient diagnosis, critical thinking and clinical skills as a whole. From the simulated activities on delegation and caseload management, my ability to determine appropriate acuity levels and their respective rationales has improved significantly. Besides, during the simulated activities, I managed to identify with the stress level for which charge nurses should brace themselves. Moreover, I learned that the delegation of a patient assignment needs accurate analysis and critical thinking. In such a case,…
Finance Management and Accounting Banking as an institution is dating back to the 2nd Century BC. The ancient banking came into place during the agrarian revolution. The resources were not enough for formal trade, and hence the various institutions saw the need to set up banks. However, the institution did not involve money. Instead, there was the banking of items such as cattle, gold, grains, and so on. Temples and palaces were the safest places for storage. Priests and monks served as the “tellers” at that time. The banking institution later gained significant changes due to civilization. Subsequently, different fronts embraced separate systems of banking. The western banking system was adopted by the European countries and numerous other non-Islamic states. Islamic states, on the other hand, decided to practice Sharia Banking. This paper takes an in-depth look at the comparison between the two approaches to banking. At a glance, both western and Islamic banking systems have more or less the same goal and purpose. The significant difference is that the Islamic system incorporates Sharia laws in its banking operations. Both…
Overview of financial management and planning Yes, the CEO should be removed from the review and check the approval process of the nonprofit organization. However, there are certain types of financial controls that the organization should replace the CEO as the signatory for checks (Murphy et al. 2010). They include bank reconciliation, cash receipts, vendor listing, bills for payment, and accounts payable ledgers. Organizations that do not require employees to document the purpose of travel even though they submit an expense sheet do not meet the generally accepted accounting standards (Berkeley). According to these standards, both the expense sheet and the purpose of the trip are mandatory requirements for the processing of the expense report. Fundamental concepts of management of financial controls and their importance. Cash flow management Cash flow management is the process through which a company maintains control over the outflow and inflow of funds (Lam, 2014). It is an essential concept in financial control as it ensures solvency and creditworthiness of the organization. Also, it enables investment and Capex and boosts employee and vendor relations. Budgeting Budgeting…