Execution of the Benchmarking Process            Benchmarking is simply the internal evaluation of company A compared to another company B that has the same work processes and is more successful in its operations because of learning a few tricks for company A to improve on its quality performance. The motive for benchmarking activities is to help an underperforming company to enhance and add value to its existing workflow to become more competitive than before (Alosani, Al-Dhaafri, & Yusoff, 2016). Implementation occurs in a four-phase plan that, if effectively conducted, then the company should reap highly from the lessons learned. Firstly, the initial stage is the Planning Phase, where it remains the most significant step of the benchmarking process as any errors must get avoided as they may negatively influence the outcome. Planning involves prioritizing and shortlisting the needy gap or process that is required in the company, selecting the benchmarking organization, and researching on the top-secret operations that occur in the company (Mahalik, 2018). Secondly, the Analysis Phase is another crucial stage in the Benchmarking process after the planning step has…

Fallacious Reasoning Hasty generalization fallacy. A general conclusion is made without sufficient supportive points. The hasty generalization makes the arguer commit to a stereotype that a cheap house must have a problem. However, there is no valid reason to support this statement; therefore, the claim could be false. Ad Hominem fallacy. The text fails to advance thoughtful sound reasoning and thus substitutes the logical thought with a personal attack that is not related to the argument (Bennett, 2017). The arguer feels he/she has been working a lot, and he/she deserves a promotion, but pointing out that someone is responsible is unnecessary. Directing frustration to another person is an attack that is not part of the logical reason. The straw man argument fallacy. This is because this statement creates a ridiculous position of racism and knocks it down. The recipient is accused of being against the speaker’s ideology of politics only because he/she is racist. Racism is a position that is imagined, and it is not necessarily true. The arguer fails to address the argument and attacks an opinion that the…

Group Stages Question One The process for forming a group is composed of seven stages. Miller (2018) highlights the steps as follows; developing a group’s rationale, deciding on a theoretical format, publicizing the group, selecting group members, weighting practical considerations, pre-training/screening, and selecting a group leader. The existing research reveals that the stage for choosing a leader is the most crucial in forming a group. Overly, the process requires members to sieve through qualifications of various potential members, especially on the professional and personal qualities (Caple, 2017). Voluntarily, the group leader can provide more background information, including education and experience during group counseling (Caple, 2017).  While choosing a leader, the members should put more emphasis on those who portray support, genuine interest as well as warmth to the entire group members. Notably, the members should have a clear view that positive leadership styles contribute significantly to taking the group to the next level. Also, the leader to be must be a relationship-oriented as opposed to task-centered for them to generate compatible ideas (Miller, 2018). As a result, it is always…

Comprehensive Ratio Analysis In this section, comprehensive ratio analysis of both Intel and AMAT companies will be provided. The financial ratios that will be used to analyze how the two companies are performing include short term Liquidity, operating efficiency, capital structure, long-term solvency, profitability, and market measures from 2018 to 2019. Short Term Liquidity Intel’s current, quick, and cash ratio deteriorated from 2018 to 2019. Although the company’s current assets increased from $28.787 billion in 2018 to $31.239 billion in 2019, its current liabilities also increased from 2018 to 2019, leading to a decrease of current ratio from 1.7314 t0 1.4002. For both quick ratio and cash ratio, they deteriorated as a result increased short-term obligations of the company despite increased cash and marketable investments and receivables increasing from 2018 to 2019. For the AMAT Company, the current ratio, quick ratio, and quick ratio deteriorated from 2018 to 2019 as a result of decreased current assets from $10.604 billion in 2018 to $10.206 in 2019. Additionally, there was an increase in total current liabilities from $3.922 billion in 2018 to…