Williams limited Management report Executive Summary William Company limited is considering some options in an attempt to increase revenue. The reason being William has been facing a cashflow problem. The company depends so much on its parent company in South Africa. To solve the cash flow problem, the company wants to invest in a new Software known as an advanced suite. The software cost is 9 million and will generate annual cash flows. Secondly, the company wants to open a new Drop-In Center in London. The company will sell the advanced Level package (ALP) and Entry-level Package (ELP) in the new centre. The costs and estimated sales for April, May, June and July are available. The company will invest 6,000 as startup capital and will get a loan of 21,000 with an interest rate of 3.5%monthly. The report outlines some methods that are used to analyze the investments such as Investment appraisal methods, cash budgeting and breakeven analysis. The methods will evaluate the company to determines its position and performance during the period. Since William Company Limited has been relying…
MANAGEMENT SYSTEMS Introduction The workers’ safety health and wellbeing are vital concerns to the millions of people working in the whole world. Statistics show that approximately two million people die globally from work-related accidents, injuries, or illnesses. Furthermore, depression has been highly attributed to occupational risks, thus negatively impacting on the worker’s health conditions. As such, the global action plan has deliberated on strategies to develop policy instruments needed to protect and maintain a worker’s health condition. Besides, the government and other stakeholders in the working environment have articulated the positive effects of productivity. So, the need to increase productivity has led to the development of ILO guidelines to help the workers, employers, and government to collectively improve OSH performance. Therefore, a critical analysis of the similarities and differences between ILO guidelines on OSH management and healthy workplaces, a model for action is developed. The scope of workplace safety, health, and wellbeing programs The ILO guidelines highlight the scope of workplace safety, health, and wellbeing programs as the expected behavior while responding to an emergency. Hence, ILO guidelines provide evacuation…
MANAGEMENT EFFECTIVENESS: LEADERSHIP, PSYCHOLOGY AND DECISION MAKING Management Effectiveness: Leadership, Psychology and Decision Making Leadership is the key to organizational success. Thus every company should recruit leaders with adequate knowledge, attitude and skills to ensure good relationships among workers, boost morality and productivity of staff to achieve its mission and vision. Organizations face daily challenges that require leaders’ decisions. However, some fail as a result of poor choices. Therefore, the study attempts to discuss issues of leadership and decision making in organizations. Precisely, the researcher will come up with an organization scenario that required leaders’ critical decisions. Further, the researcher will review the given article on leadership to summaries factors that influence leadership styles and decision-making, such as principles, theories as well as biases, and how well leaders can use them to arrive at the best decision to improve or save a company from collapsing. Nonetheless, every person can be a leader in different ways, but the leadership skills and knowledge differ, which determines who is a good leader and who is not. Perhaps, leaders are…
Opening a Business Abroad by World Trade Organization As our company is focusing on expanding and operate in Kenya, several articles are presented and researched on the issues of doing business in a foreign country. The memo brings to your attention two original items that have been addressed concerning the opportunities and constraints of operating in Kenya. The two articles include “Opening a business Abroad” by the World Trade Organization, and the second article is “Social Enterprise,” by Smith &Darko. Article One: Opening a Business Abroad by World Trade Organization In this article, the focus is on the requirements and the processes of operating and handling businesses across the local borders, most specifically in Kenya. According to the article, individuals or groups interested in opening and operating businesses in Kenya often face strict rules and regulations that they must follow or adhere to before they are allowed to proceed. The authors note that constraints depend on the nature of the business, the country of choice, and the nature of bureaucracy of the state of selection as these are the primary…
Major Technology Trends Affecting the Engineering Industry the Most 2020 is expected to turn out as one of the revolutionary years that shall be significantly transforming and advancing the exiting trends in technology. The major trends in engineering are taking over drastically and it can be assured that finally ‘the future is here to stay.’ As per recent surveys, the next-generation engineers are on the verge of coping with the dramatically evolving trends and collaborating with the emerging technologies by upgrading and polishing their skillsets. The ever-advancing paradigms are not only influencing the engineering industry but also the allied fields, and the job roles in the industry. The professionals responsible for design are experiencing the biggest challenge due to rapid technological changes. Other than that, the industry of engineering is also transforming aspects of design, manufacturing, project accomplishing techniques, usage f resources, cost and many more due to the rise of disruptive technologies. Here is a demonstration of some of the powerful technological trends that are shaping the future of engineering. Digital Currency Bitcoin is the new hype that today’s…
Interactive Media Concepts 3D Printing Technology in Fashion Industry Introduction It is worth noting that the use and application of 3D printing play an essential role in enhancing the effective performance of industries and particularly the fashion and design industries. Perhaps, 3D printing is one of the emerging technologies which has enhanced the integration of business activities among many industries. Compared to traditional manufacturing processes, 3D printing poses a various number of advantages such as acceleration of design process, less production time, lower the cost related to inventories, warehousing, packaging as well as transportation of the fashion materials (Vanderploeg, Lee & Mamp, 2017). Notably, the use of 3D printing technology in fashion design has had a revolutionary historical change, and it has indirectly affected the development of prospects of the digital fashion industry. The fashion landscape has changed significantly in design, the printing of the garments as well as the quality of the garments. The 3D printing technology enables designers to design fashions based on customer preferences and specifications and hence meet the market demands. Due to the production of…
Macro Environmental Analysis Costco is a membership warehouse headquartered in Issaquah, Washington. The mission of this multinational company is to provide high-quality goods and services with the highest pocket-friendly prices by offering excellent customer services and adhering to ethical standards. In carrying out a situational analysis of Costco, a 3C analysis will be employed. In mid-2017, the company had over 700 membership warehouses in different countries globally. A significant number (510 warehouses) were based in the United States. Their cardholder customers totaled 89 million and encompassed small-business owners, restaurants, individual households, churches, among others. The firm mainly deals with products like food, sundries, hardlines, and ancillary offerings (pharmacy, gasoline, and food court). There are 1,460 warehouses in Canada and the United States, Costco owns 59%, Sam’s Club 34% and BJ’s Wholesale Club with the other small warehouses sharing 7%. All these warehouses bring competitive forces to Costco as they stock similar products. According to exhibit 1, Costco’s net sales show an upward growth since 2000. However, the firm key issue is keeping the prices of its product lower than…
Assessment 2- Human resources needs 2.1 Research on company information Objectives of human resources- To develop and engage staff Implementing a formal HR framework Incorporating technology in HR Conducting research to understand the role of social media in the recruitment process Existing HR policies and practices Staffs should respect each other Work with integrity and diligence Comply with company’s policies and procedures Gaps in existing HR documentation Talented staffs should be aligned with long-term company objectives Review of three selection and recruitment methods Preliminary screening Face-to-face interviews Personality profiling Role of assessment centres in selection, recruitment, and outsourcing Hiring best candidates Ensuring a fair recruitment process Implement cost-effective methods Effective usage of technology in HR based on company strategies Using technology such as social media in case of recruitment Creation of a blog on the company’s website Development of monthly newsletter for clients Notes for briefing report Understand the operational priorities Understand the existing HR policies and procedures Recommending the relevant policies 2.2 Briefing Report Introduction The purpose is to understand HR related insights and improve the performance of…
9 effective strategies of Debt management. Managing debt is an essential aspect of running daily activities, like education, getting home, and when buying a car. When dealing with mortgages, you should give it close attention, since controlling debts is fundamental in life. management of debts should be done when they are little to make sure that it does not get out of control. If they are large, a lot of effort should be put in to make sure that they are fully paid in due time. Have you ever tried to pay off your debts in time? Then here are interesting ways of managing debt. Prepare a list of your debt Writing down the debts including creditors, total amount of the debts and their due date. Knowing all the debts that you are owned can help you plan on how you are going to pay them. Keep checking on your list and keep on updating it monthly. Reduce your debt loan and d ecide on how much credit cards do you need and mail it an efforts keep only…
Reflective Self Analysis Self-reflection can be termed as a process in which a person tries to examine, evaluate and learn more about what he/she has written. Use of discoveries helps in identifying the strengths and weaknesses encountered during the writing. I plan on using this essay in enhancing my skills in writing to become a better student. Self-assessment is my priority to my successful student in essay writing. I have discovered some interesting things in my writing and also other things that are less interesting in both grammar, use of rhetorical devices and the style of writing. In this essay, I have discovered my strengths on the writings about obesity, education impact on finance improvement and digital literacy. I believe one of my strengths is that I was able to profoundly elaborate and give a clear picture about my topics of discussion. For example, in demonstrating the level of obesity and its effects in the United States of America. I explained thoroughly the statistics of the people affected by obesity and shown an estimate of the number of resources required…