Business memo Assignment Example | Topics and Well Written Essays - 250 words

Business memo - Assignment ExampleAs for privacy, the crapperdidates should not refund out their passwords and neither shall information obtained used for any other different purpose.The search should look for factors that can make a view the best suited for the job or factors that can make him or her unsuitable. From, the social sites searches, Ms. Flanders exit be able to learn more about the interpersonal skills of the candidate much(prenominal) as non-verbal communication skills and the social life of the candidate. Because Hathaway Jones is a luxury apparel retailer, Ms. Flanders should look for the fashion esthesis of candidates through the photos they post. Secondly, Ms. Flanders should gauge the behavior of candidates as suggested through their photos, comments, and conversations with their friends. From this information, Ms. Flanders will learn more about the likely candidates.Through Google search Ms. Flanders can verify the authenticity of the academic qualification stated by the candidate and the work experience. Secondly, through Google search Ms. Flanders can be able to know of the candidates criminal record or past misdemeanor that can make him or her unsuitable for the job.In order to ensure that the searches do not incur the company a lot of cost, the company should state in their job adverts that those need to apply for the advertised positions should ensure their personal profile or page can be viewed by the public in either Facebook, Twitter, LinkedIn, and Instagram. This will minimize the time for carrying out the searches and the labor required since it will be a simple task.In order to ensure that the searches are uniform for all candidates the aforementioned(prenominal) checklist or criteria for searching should be applicable to all candidates to look for similar factors or issues about apiece candidate.In order to prevent against any form of discrimination, candidates should ensure that their

Explain the VaR framework and its utility in Risk Management Essay

Explain the var framework and its utility in Risk Management - Essay fontvar preempt be said to be an easy method of measuring the market try. As of date, VaR technology has spread its wings well beyond monetary derivatives and is completely transforming the style the financial institutions approach to their financial risk. Initially, VaR is active to measure the market risk, but now it is being use to administer and control risk actively. The VaR methodology is now assisting the industry to reckon both working(a) and credit risk, resulting in the sangraal of companywide management of risk1. (Jorion 2009 x). VaR employs a method of valuation of risk that uses measuring rod statistical methods employed regularly in other technical sectors. In simple terms, VaR mickle be explained as the most speculative loss over an objective horizon that will not be surpassed with a given level of confidence. Footed upon the companys scientific founding stones, VaR offers users with a detail ed synopsis of market risk. (Jorion 2009 x). . 2 Backgrounds For those companies and financial institutions that are vulnerable to risks, management of risk is a vital function. There has been a real reform in the risk-management process, especially in the work decade and VaR is regarded as one of the solutions that received wide publicity in business circles. As per Holton (2003), the main fundamentals of the VaR nominate be traced back to as early 1922 when the New York convey Exchange prescribed capital norms for its members. Until 1952, research in VaR was not in progress. Two freelancer researchers namely Roy and Markowitz almost concurrently advanced but with different version of measuring the risks and the same were published in 1952. As per Holton (2003), the two authors mentioned above were engaged on establishing a way of choosing portfolios that would be facilitating to defy the benefit for certain level of risk. Holton was of the view that it took nearly four decad es until VaR measurement started to be in general employed by companies and financial instructions. As per Fernandez (2003), the worst financial crisis that occurred in 1987 and the crisis that forced to find a solution by the Basel Committee that all banks should keep adequate cash reserves so that it can cover probable losses in their trading assortment over a 10 day marked and 99% of their time. With the help of VaR, the quantum of cash to be maintained will be decided. Due to execrable risk management process and poor supervision, a huge volume of money can be lost, which was well evidence from the past financial crisis. Thus, VaR has widely been acknowledged as a find process due to historical errors that crept into the risk -management process. (Holton 2002). As of today, the usage of VaR is being widely employed in financial institutions but there is only limited usage of VaR in non-financial firms. This can be explained that why companies do not employ VaR as they do not commonly predict their profits and losses on daily footings that are not impacted by capriciousness in prices in the short-run. However, Mauro (1999) stresses that VaR can be employed even by non-financial firms (companies) that are not impacted by volatility in prices, especially in a short-time horizon. Thus, the chief advantage of VaR is that it is a yardstick that can be employed to almost every

The Four-Firm Concentration Ratio Essay Example | Topics and Well Written Essays - 750 words

The Four-Firm Concentration proportionality - Essay ExampleEventually, the excess demand would be met and the price would again gain equilibrium.The long evanesce plans in this situation would be infrataken to maintain minimum long-range average cost. Increasing production in the short run may increase marginal cost. Long range plans would again bring these under control. The relatively low concentration level dictates that firms make plans and take work ons based on the market, as no one of them can become a price maker. The market will garment the price.In the occurrence where there are 20 firms with a four-firm CR of 80%, the firms would act differently. With fewer firms controlling a greater market share, they may be slower to react to the increase in demand. They may maximise profits by operating inefficiently. This may involve collusion either through agreements (price fixing) or a de facto situation where no producer wants to upset the pricing (Gilligan 2002). Prices wo uld stay advanced until one of the firms, or an neophyte, took action to fill the increased demand.Concentration in an industry or sector can be, according to Gilligan (2002), ... a reward for being successful. Firms that produce the best products at the lowest cost will naturally come to dominate a market. Barriers to entry can also result in a high concentration ratio when new entrants are barred. ... A firm that has a prevalent position in a market may be a price leader. Since they control the only supply, they can set the price. This will usually result in operating inefficiently. They will produce fewer units at a higher cost and much greater price. This will maximize their profits. In a contestable market, the dominant firm will have to remain competitive even though they may have no competitors. If there are no barriers to entry, and the cost of entry is low, the dominant firm must denounce at an equilibrium price to keep new entrants from competing. If they raise the pri ce, new firms will enter the market and sell at a lower price. This will force the price back down and the new entrant will then exit the market if there are no barriers to exit.The Purpose of Anti-Trust LegislationSteve Ballmer, chief executive officer of Microsoft, contends that, We do not have a monopoly. We have market share (cited in BrainyQuote 2007). In fact, the event against Microsoft was never about being a monopoly. It was about how they became and maintained a monopoly status. The original intent of anti-trust legislation, and thus its only purpose, is to promote economic efficiency (Scott et al. 1998). Promoting economic efficiency dictates that the market must be a place of free competition. Collusion, coercion, and manipulation that places a competitor at a disadvantage reduces market efficiency. From the years 1990 - present, Microsoft has engaged in numerous activities whose sole purpose was to limit competition and place obstacles in the bridle-path of competi tors (U.S. v. Microsoft 2002).Monopolies are not always illegal and big is not always bad. It is the collusion with vendors and suppliers in an labour to make it

Pizza Hut Case Study Example | Topics and Well Written Essays - 4250 words

Pizza Hut - Case Study ExampleThe study utilized primary and alternate information. The primary data go out come from the interviews of Pizza Hut Manager and customers, while the secondary data will come journal articles, internet websites, newspapers, textbooks and academic and industry professionals.Although there has been a lot of look on customer behavior and customer dis bliss, there is less study on customer satisfaction, this gibe to Shultz and Bailey in 2000. What be the reasons behind gambling on a study regarding simple satisfaction trustworthy consumers do not leave a store or a restaurant for better service in another place (Anderson and Fornell, 1994). At the very minimal effort the other companies will fair(a) beat services offered. The main key component that a company should implement is to maintain their liege customers. In order to maintain and gain loyal consumers is through providing high quality standards of products and services so that there will be a very minimal chance that the customer needs will not be fulfilled. Indeed, it is a common knowledge that there are difficulties in understanding the impartiality behind consumer needs, even if these requirements in advance the consumer can and will alter them without any reason at all. Customer SatisfactionAccording to the study of Kekre, Mayuram and Srinivasan in 1995, a successful company utilizes market psychoanalysis in order to understand the needs of their clients and provide satisfaction to them. This company should not just treasure profit and gains but also the satisfaction of their clients through this they can make the performance of their company reinforced and will implicate success. If a pipeline organization desires to examine it themselves, they should observe the particular aspects like business contacts, reputation, advertising and their brand name, these aspects can help identify consumer satisfaction (Barbeschi, 2002). After identifying these aspects, the qu antity of customer satisfaction a firm has and in which venues, strategic approaches can be formulated to guide the company to be more competitive. In the study of Carol and Reichheld in 1992, relationship market should be implemented. This type of marketing can establish in creating a long-term connection with customers instead of individual business deals. A firm having a full grasp of the consumers needs as they go through their life phases. Its accent is a wide variety of products or services to their present clients, as it is necessary to them (Berry et al., 1988). At the aforesaid(prenominal) time Berry in 1983 acknowledges that relationship marketing can be implemented when there are options to select from, when the consumer makes their

International Purchasing and Supply-Chain Management Essay - 1

worldwide Purchasing and Supply-Chain Management - Essay ExampleThe company is acclaimed for maintaining the high upest inventory turnover, the highest sales per square foot and the highest direct profit margin in the sell industry since the last ten years. The transition of Wal-Mart from being a local retailer to a global retail giant has been largely driven by the uncomparable and excellent supply chain focus of the company. Wal-Mart has implemented a low cost strategy in its business and makes profit through large volume sales. The company is characterized by advanced inventory management systems, aggressive pricing policies, a unique retail and supply chain dissemination system and has needed very less promotion and advertising in its journey to become one of the biggest private companies in the world. Wal-Mart is a retailing giant famous for its innovative business practices and is one of the first businesses to implement a centralized dissemination system. The company has been renowned for continually integrating the latest technologies into its supply chain processes. discussion The efficient supply chain management system of Wal-Mart is a major driver for the success of the company as a leading retail giant. The supply chain model of the business is formed by the effective integration of the purchasing, manufacturing, warehousing and distributing processes (Lysons and Farrington 2005, p.90). The supply chain of Wal-Mart implements four main strategies technology, cross docking, vendor partnerships and distribution management and integration. Wal-Mart operates both retail outlets and distribution centres constitute its supply chain network. The supply chain of Wal-Mart comprises of 95 Distribution facilities and around 1500 stores in operation(p) all across the world. The distribution centres hold different types of merchandising goods alter from eatables to clothing and accessories. Procurement and Distribution The supply chain of Wal-Mart starts with the process of strategic sourcing to identify the proper suppliers who put up provide the products at the best possible prices and can meet the huge demand level of the retail giant. Wal-Mart has entered into strategic collaborations with a major number of suppliers and has guaranteed sourcing products at lowest possible expenses by providing the suppliers with opportunity for high volume sales over a long period of time (Martin, 2006, p.156). The company maintains a hearty logistics network comprising of the largest employee base for fleet of private trucks consisting of around 8000 drivers who were involved in the delivery of the goods from the distribution centres to the stores of Wal-Mart. The distribution centres of Wal-Mart comprised of general merchandise, as well as food and clothing distribution centres. The products are picked up from the store of the suppliers by the trucking division of Wal-Mart and then transported to the distribution centres of Wal-Mart . Wal-Mart has formulated standardized labelling and consignment sizes to ensure that the shipments were easy transferred across the distribution centres. The consignments are cross docked to the inbound trailers. The supply chain follows a uniform operating and distribution process throughout its supply chain. Each of these distribution centres are designed in a way to provide maximum support to the stores with similar kinds of merchandise being stacked together Hub and utter Design The establishment of Wal-Marts stores was directly driven by the distribution strategies of the business. The opening of the first distribution centre of the business was a significant investment strategy of the company and was aimed at attaining economies of scale. So the attitude of the stores was selected such that the distance could be covered within one

Examine Wireless Communication and Bluetooth Technology Essay

attend tuner Communication and Bluetooth Technology - Essay ExampleHowever, wired environment is non- foresightfuler preferable because of their lack of flexibility and cost. Because of the challenges associated with wired technologies, Bluetooth and radio technologies are increasingly becoming standards for using electronic gadgets like phones, iPhones, and laptops. Whereas Bluetooth technology and wireless discourse offer users significant advantages over wired environment, wireless technology differs from Bluetooths technology because of their complexity, guarantor, and hardware requirements. Wireless communication is much easier to use, as compared to Bluetooths communication (Gratton 201). The ease of use is one of the factors that differentiate the two sets of communication technologies. When compared to severally opposite, Bluetooth is much childlyr to use than wireless communication. Many users of communication equipment such as laptops report by means of Bluetooth are simpler to use. For instance, users of phones with a Bluetooth adapter can connect to a computer through a simple pairing bear on. The pairing can be accomplished through some few clicks on computers that heighten the use of the phone will be achieved. When users pair these devices, sharing of files can take place. On the other hand, wireless communication is not extremely easy to use (Morley and Parker 285). Users should have appropriate hardware, software and portion out configuration of their devices in order to transfer files. Because of this, users require to have an internet protocol address for each computer of wireless enabled phones. Moreover, users must purchase and install wireless devices such as routers to enable this communication. This process makes wireless communication challenging to use. Bluetooths technology is more desexualise than wireless communication and thus, provides more security to data that users exchanged (Kartalopoulos 153). Security is critic al, and users consider when it comes to evaluating technologies. Bluetooth covers a short remoteness as compared to wireless communication. Because of this reason, in that respect are few chances of hackers getting around Bluetooths connection. However, the fact that wireless communication allows connection over long distance is a security threat. When intruders connect to wireless communication network, most of them cannot be seen hiding or hacking the network. Just to illustrate, hackers can gain access into the wireless communication of his immediate neighbor even at the comfort of their house. Conversely, this kind of infiltration is impossible for Bluetooths technology, as hackers have to maintain a certain distance from the victims. In addition, Bluetooths technology has a robust level of security that is difficult to penetrate. Even when hackers succeed in gaining access into a Bluetooth connection, passwords can bar them from taking full control of the devices that they wo uld like to compromise (Briere, Hurley, and Ferris 46). This is rather different with wireless networks where hackers can use sniffer to detect passwords and hack into the communication lines. The fact that many users forget to protect their wireless networks using wireless pre-shared keys indicate the dangers of wireless communication Without doubt, Bluetooths technologies are more secure than wireless communication Bluetooth technology and wireless communication have different hardware requirements that make them mixed (Huang and Rudolph 89).

MPH502 - Introduction to Public Health Module 3 - Case Essay

MPH502 - Introduction to humanity Health Module 3 - Case - Essay ExampleThe constitutional design reveals a bold objective in governance to protect community wellness and safety. Government has great responsibilities towards public health empyrean health is not only indispensible to finance but also to one-on-ones. Public health is a collective action not only government underside save the communitys health. On this point, I completely agree with the author, as if individuals work alone, they cannot save the minimum level of health. Government turn out is always needed for this great cause.According to the author, it is quiet difficult to separate government responsibility and individuals effort. Public health also takes in account the individuals that stake a claim to health protection. A strong relationship exists between individuals health and the health of community at large. I completely agree with author that public health efforts need collective actions for better resu lts because its nearly impossible to improve health sector without governments help.Public health law states the advantages and burdens by government on individuals and private health sectors on legally protected interest. Government acts for health sector, it may de-motivate individuals to embellish in health sector. The law address that how government act on the growth of health sector two individuals and a large population. Author point is valid up to some extent as both public and private sector has own responsibilities.Government has primary responsibility to promote both mental and physical health and prevent injury and disability. Government responsibility is to inform, educate individuals and invest dangerous amount on health.Public health law focuses on governmental responsibilities to the community and individuals health. Government can do much for public health as it owns thousands of resources and power. Government is authorized