work experience Relevant work experience is a requirement in most job postings! Employers often feel that employing a candidate with some experience will help them prepare for work and also help them develop general business awareness. Work experience is not limited to working in a company as a full-time employee; volunteering to work for a firm without being compensated or working online for freelance sites such as Upwork can also be considered as work experience. Having work experience shows an employer that the candidate is self-motivated: it also indicates that they are passionate and interested in growing professionally. Therefore, they are likely to be offered a job than new University graduates with no experience. Work experience enables students to gain soft skills such as teamwork, communication, and problem-solving skills – they are highly valued by all employers. Also, one will quickly become successful in any work environment if they have these skills. “Today’s workers have less repetitive job tasks and need more autonomy and superior soft skills due to the flattening of the organizational structure.” (Meeks, 2017). Working as either…

‘Mart Effect’ on Consumers’ Loyalty Summary Wal-Mart is one of the companies that have achieved tremendous growth in profits in recent times. In 1998, Wal-Mart decided to diversify its name and developed a grocery store located in Bentonville. Today there are more than 181 stores in the United States. These stores mostly took control of more than 20 % of the retail grocery business back in the year 2005 (Matusitz & Reyers, 2012). However, it has to be understood that the unparalleled success begun with project formulation. Throughout the years, the project has been consistently revised to carter for the subsequent needs and gives the consumers a product that matches their needs (Matusitz & Reyers, 2012). Therefore, this paper addresses some of the most significant challenges of the projects, the Earned Value Management, and the plan to close the project when it is over. These elements are very vital; they have helped in revitalizing the profits and creating a positive image for the outsiders. We, therefore, hope that our recommendations will open up more opportunities for the business to excel…

WOODY’S CASE STUDY Q1 The project was well-conceived because the organization leadership involved all the key stakeholders in the development of the program. The organization observed that there was an opportunity for growth from the airport expansion and free trade opportunity from the southern border. Therefore, the company saw it fit to expand its manufacturing pace to take advantage of the existing opportunity. Woody consulted with his wife and other stakeholders such as Kim Cashman and Spencer Moneysworth to enrich the quality of concept formulation. However, the company lacked clear objectives on the justification of undertaking the project. Most of the project’s objectives were ambiguous, which increased to be specific to enable every stakeholder to understand their role and performance expectations of the project. The real objectives of the Woody project were to increase the production capacity by 25% and increase the geographical coverage of the production plant. The company was also aiming at installing air conditioners to enhance the experience of the employees within the organization. The organization was planning to renovate the office of the president and the…

Rational vs. Intuitive Decision Making Rational Decision Making Analytical thinking involves a decision process that factors in the analysis made from a logical point of view (Malewska, 2019). It, therefore, means that the decision is based on facts. Rational decision making arises from a need to provide a solution to an existing issue/problem. Concerning the Qantas Airline dilemma faced by the CEO, a rational decision would involve analyzing facts related to the possible sale of the frequent flyer program. The sale of the program would result in a financial turnaround which the company currently needs. In this regard selling the program is would be a rational decision. Intuitive Decision Making It involves making a decision based on a hunch that cannot be put into words or described (Malewska, 2019). The expectation that the sale of the program would eventually negatively affect the company could be based on intuition. There is no evidence that sale would be the wrong choice in the future. In this regard, the anticipation would be based on outcomes that would have been experienced by other companies.…

Internship Diary Week 1 Tuesday The internship at SEM, a company involved in the laboratory industry began on Tuesday at 8 am with contract and ID confirmation. Not much happened on the first day. Orientation around the company as regards what the company does, its mission and vision were done on this day. The company deals with lab devices and systems (“SEM | Laboratuvar Cihazları Pazarlama San. ve Tic A.Ş”, n.d.). My internship at the company was to learn about search engine marketing. Friday A meeting was held to recap the week at the company’s conference room. In the meeting, the interns were expected to give highlights concerning the week. Each intern had worked in at least one department. Everyone was expected to provide a recap of their experience. The company had introduced its team during the week; hence the chain of command, departments and their function, product and service catalogue were well articulated. Week 2 Monday I was given the duty of managing the company’s social media platform. A social media presence is essential in enabling sales, marketing and…

Developing Organizational Policies and Practices Access to health care is essential because it makes it possible for a patient to get into the health care system, access a health care facility, and acquire services from trusted health care personnel. When the process encounters challenges at any of the stages, then the experience is flawed. A flawed experience translates to positive patient outcomes not being achieved. Several problems exist in health care organizations and consequently affect overall service delivery. Competing Needs Mandatory Overtime Nurses are more than often required to work for long hours due to nurse shortages in the facility. As a result, nurses are likely to offer services that are below the standard needed due to burnout (“Mandatory Overtime in Nursing: What You Need to Know | Bradley University Online”, n.d.). Exhaustion means that nurses working overtime have to result in unethical means to cope with the stress involved adequately. Using pills, for example, is a practice used by nurses in the health facility. The use of medicines is meant to relieve stress as well as body aches related…

Where in the World Is Evidence-Based Practice? Evidence-based practice is essential as it gives direction as far as research use is concerned. In this regard, HIMSS offers insightful information on its website. The data is recent, and the site is updated (“Who we are”, 2020). Immunization is one health aspect documented. The intimation that vaccination leads to better health, reduced costs, and higher productivity, for example, is well documented (“HIMSS Immunization Integration Program”, 2020). Collaboration with different entities to ensure unbiased information is also carried out by HIMSS. I, however, agree that the claim that 2-3 million people are saved through immunization has no resource to back it up. In this regard, the authenticity of the figures is debatable. HIMSS collaborates with other health partners such as the Center for Disease Control, for example, in offering information on surgical site infection prevention (“tPa Stroke Treatment, Surgical Service Line Enhancements, and ERAS Care Standardization Case Studies”, 2020). The CDC, however, has more in-depth information in comparison to HIMSS. The tobacco use article, for example, has resources that back up the information…

Fraud and Information Technology Audit Red Flags Present That Suggest the Possibility of Fraud The lack of detailed testing by the company due to accelerated growth is a red flag and a possible opportunity for fraud. The lack of detail means that there are areas not adequately covered since some hitches would be overlooked. A new system is likely to have some minor hiccups that could prove detrimental to the overall system. The assumption that the company employees would highlight any discrepancies is an oversight. The fact that the IT manager has access to the software that is not adequately tested is a fraud opportunity.  A gambling history means that the IT manager has money problems. The fraud opportunity thus is facilitated out of a pressure/need for extra money to promote the managers’ lifestyle. The manager has access to both the development and operation aspects of the software. As a result, the increase in their pay is made possible. Impact of the Fraud on Financial Statements The manager commits financial fraud. It involves an action taken illegally with the intent…

  Automobiles and Influence of OPEC Q1. The automobiles changed the U.S. in many ways that included an economic rise. It was brought about by the coming up of motels, fuel stations, and restaurants, for example. Infrastructure such as highways also came up as a result of facilitating automobile transportation (Melosi, 2010). Rural areas were opened up to business as a result of the automobile industry as more rural farmers turned to alternative economic practices. The mode of transport changed from horses to cars which were faster hence the transport of goods, for example, became easier. Automobile use has both positive and negative effects. The adverse effects include pollution through carbon emission. Accidents that cause loss of life and fatal injuries also exist due to the use of automobiles. However, some positives include decreasing the transportation time of goods and people. The export of American cars plays a role in the economic growth of the country as well. Decreasing accidents requires strict road user rules while reducing carbon emission involves the use of alternative fuels and fuel-efficient models. The electric car,…

Conversion premium Discussion week 6 To calculate conversion in dollars, we divide the par value of the bond by the conversion rate. From the information provided, the Par value of the bond is $ 1000, while the rate of conversion is 16.7158. Hence the conversion price in dollars is computed as Bonds conversion price in dollars= $ 1000/ 16.7158=$ 59.824 Conversion premium is computed as straight bond value divided by conversion value minus 1. Conversion value is computed by multiplying the company’s stock price by conversion rate. The company’s stock price is $ 45.15. Conversion premium in percentage is computed as: Conversion premium (%)= *100= 32.50% The conversion premium has a got such high figure because investors in this company believe that the finance will be more profitable in the coming days.  In a profit-generating company, the shares of equity increases as the profit earning of the company increases.  Nuvasive issued bonds which are convertible because such bonds typically have low costs due to their high conversion premium. Straight bonds, on the other hand, have high amounts of costs. According…