In terms of education, the author addresses the way in which the education system functions at the basic level to achieve outcomes that are far below the economic needs growth of the state. School children receive a substandard education, for example, which results in poor job prospects and low university admission numbers. At the same time, those students that do graduate with University degrees, do not have work opportunities that offer compensation worthy of their qualifications. This situation is ascribed to a failure of education policies to encourage educators to provide students with the best opportunities to learn well. Moreover, the problem lies in the failure of policymakers to understand the underlying effects of policy changes, which are neither thoroughly discussed nor investigated.
The same is true, according to La Croix of Hawai'i's legal and regulatory framework, which, in many cases, is outdated and not reflective of the current economic and…...
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Reference
Howes, C. And Osorio, J. (2010). The Value of Hawaii: knowing the past, shaping the future. University of Hawaii Press.
Value Added Analysis
In the Zapalot case, there are some processes that could stand to be improved. Value-added analysis reflects the desire to improve processes. In this case, there are several steps, several people, multiple divisions and far too much time involved. The result is that there is likely to be a significant lag between when the goods are ordered and when the unit ordering the goods receives them. There is also likely to be a substantial buildup of inventory. Thus, the objective of changes should be to reduce the amount of time between ordering and having the goods available for use; to reduce total inventory; and to reduce the risk of errors.
The first thing that stands out about this process is the lack of automation. For a company proud of "it's" (sic) innovative image, the company operates like it was the 1970s. This needs to change. Automation will facilitate many…...
Looking at the LA Times Value Added rating, Aldama Elementary is ranked in the lower end of the Average spectrum. This tells me that most of the teachers simply produce students who perform at the anticipated levels. Based on this report, I would select either Sehee Kang or Stephanie Vaz. Both of these teachers scored as the most effective teachers in the school, in four of the last five years. The policy implications for this kind of information means there will be a greater level of accountability for not only producing acceptable test scores, but also helping children excel beyond what's anticipated. For parents, this gives even more information they can use to select the best school for their children. For schools, this could result in a hyper-focusing on test scores, with classes taught with increased test scores as a primary goal, as opposed to simply providing a well-rounded education…...
The above extension or explanation of the responsibility of a managerial accounatant mainly highlights the fact that a managerial accountant has responsibilities not only to the finance department of an organization but also the entire team that is working within the organization. Hence, along with the classification, calculation, assessment, understanding, and transferring all the relevant financial data, the managerial accountant is also responsible for helping the business team:
Customer satisfaction reports and assessments,
The balanced scorecard procedures for the overall sales,
In understanding the finances for the creation of a new good or service,
The factors that channel or guide the business activities metrics, and esearch on superior functionality strategies (Johnson & Kaplan, 1987).
It is important to note here that the managerial accounting is different from the basic financial accounting because the latter only helps keeps a record of all financial expenditure or balance while the former helps the business design future financial plans…...
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References
Friedl, Gunther; Hans-Ulrich Kupper and Burkhard Pedell (2005). "Relevance Added: Combining ABC with German Cost Accounting." Strategic Finance (June): 56-61.
Garrison, R.H., P.E. Noreen, 'Managerial Accounting', Irwin McGraw Hill, 1999
Horngren, C.T. And G. Foster, 'Cost Accounting, a Managerial Emphasis', Prentice-Hall, Inc. 1987
Johnson, H.T. And R.S. Kaplan, 'Relevance Lost: The Rise and Fall of Management Accounting', Harvard Business School Press, 1987.
This report further relates that an agreement has been reached among companies who participate in the Sustainable Forest Initiative program in accomplishing the following: (1) Develop specific plans and policies to achieve forest sustainability; (2) Ensure prompt reforestation; (3) Protect water quality; (4) Enhance wildlife habitat; (5) Minimize visual impact of harvesting; (6) Protect special sites; (7) Contribute to biodiversity; (8) Improve wood utilization; (9) Continue prudent use of forest chemicals to ensure forest health; (10) Foster the practice of sustainable forestry on all forestland - industrial, private, and public lands; (11) Publicly report progress; and (12) Provide opportunities for public outreach and education. (Jastrzembski, nd)
SUMMARY and CONCLUSION
Sustainability is a concept of conservation in which those involved take special care in their use of the forest and the forest products through the methods reviewed in this work. While preservation of forest lands might have been most desirable historically, with…...
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Bibliography
Jastrezembski, Patrice (nd) Maryland Forests: Conservation vs. Preservation. Online available at http://mdforests.org/ee18.htm
Value-ased Management (VM) is a management philosophy that aims to achieve superior results (Niedell, 1996). This process measures performance by the value that is returned to shareholders. Successful implementation of VM requires a successful change in corporate culture, as well as the adoption of VM concepts at all levels and functions within an organization. VM includes an integration of performance measurement, compensation, strategic planning, training, and communication (Porter, 1986). The process translates a value creation mindset into an action plan.
The key elements of Value-ased Management are as follows (Niedell, 1996):
Prioritization of investment funds, which promotes improved correspondence between allocation of resources and strategy;
Tightening of capital expenditure discipline, focusing on supporting strategic potential within business units;
Introduction of value-based management tools. This is helpful in measuring results in terms of profitability and capital input throughout the company, and understanding how value is actually created; and Introduction of performance related pay systems throughout…...
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Bibliography
Copeland, Thomas. (1994). Valuation: Measuring and Managing the Value of Companies. Wiley and Sons.
Keen, Peter. (October, 2000). Economic Value Added. Report on Business.
Neidell, David. (1996). Value-Based Management. Foresight Business Journal.
Furthermore, the Costco model demands an ever-changing assortment of goods. Packaging is critical, in that it must be designed to drive the average ticket consistently higher. Costco and other club stores rely heavily on packaging strategy to squeeze out growth.
Costco also pulls value from their logistics. The company operates what they term depots, which are state of the art distribution facilities, which the company feels gives them a competitive advantage.
Costco has also focused on marketing and customer service as a way to derive value. One such program is a new extended warranty policy on electronic goods, the largest non-food segment of Costco's sales. Combined with a concierge service, this warranty has lowered the costs associated with product returns.
Related to both marketing and procurement, Costco has made use of strategic alliances to improve their bottom line. For example, in 2007 they developed a business supplies program to forge stronger relationships…...
The value of a Certificate of Deposit (CD or GIC) with a fixed term will be determined assuming it is reinvested at its maturity."
3. Financial implications of TVM
ased on approximate calculi of future values of the money, the population will regulate their investments in order to achieve significant profits. Their actions will have numerous influences upon various work domains and industries suck as banking, insurance industry, governmental actions or retirement plans.
The activities of commercial banks are directly influenced by the value of money in the sense of increase or decrease of the realized transactions with the customers, both private individuals as well as corporate bodies.
When the foreseen future value of the money is expected to increase, so will the deposits made by clients to the banks. ank customers will deposit more money into their saving accounts in the hope that they will register higher profits due to a favorable…...
Value Congruence/Generations
Value Congruence Between Baby Boomers And Millennials
Definitions and Explanations in esearch
There is some minor disagreement over the definitions of Baby Boomer and Millennial generations in the academic research. For instance, Murphy, Gibson & Greenwood (2010) in their research define Baby Boomers as those born between the years 1946 and 1964 and Millennials as those 76 million people born between 1980 to the present, while awlins, Indvik and Johnson (2008) define Millennials as those 81 million people born from 1982 to the present. In addition, Andert (2011) defines Millennials as those people born during 1980 and 2000.
Apart from this disagreement, the academic research describes the two generations in similar terms. The various researchers use different terms to describe similar characteristics. For instance, Loroz (2006) explains the behavior of Millennials as motivated by materialism while Murphy, Gibson & Greenwood (2010) explain their behavior as motivated by the desire for a comfortable…...
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References
Andert, D. (2011). Alternating leadership as a proactive organizational intervention: Addressing the needs of the Baby Boomers, Generation Xers and Millennials. Journal of leadership, accounting & ethics, 8(4), 67-83. Retrieved from EBSCO Business Source Complete
Egri, C.P., & Ralston, D.A. (2004). Generation cohorts and personal values: A comparison of China and the United States. Organization Science, 15(2), 210-220. doi: 10.1287/orsc.1030.0048.
Hershatter, A., & Epstein, M. (2010). Millennials and the world of work: An organization and management perspective. Journal of business & psychology, 25(2), 211-223. doi: 10.1007/s10869-010-9160-y.
Loroz, P.S. (2006). The generation gap: A Baby Boomer vs. Gen Y comparison of religiosity, consumer values, and advertising appeal effectiveness. Advances in consumer research, 33(1), 308-309. Retrieved from EBSCO Search Primer
Value Chains
Porter (1985) introduced the concept of "physical" value chain.
According to Porter (1985), by understanding and analyzing physical value chain, a business can uncover strategically relevant activities -- purchase of raw material, design, manufacture, market, and support of the products or services it sells -- for adding value to the customers.
A physical value chain consists of five core activities: inbound logistic, operations, outbound logistics, marketing & sales, and services, and four support activities: firm infrastructure, human resources management, technology development, and procurement.
The extent to which a company is able to reduce or eliminate redundant activities and hand-offs in carrying out different tasks in the physical value chain processes determines its capability in responding to customers' specific demands and expectations in quick time. By improving its internal business activities, a company can not only meet customers' demands in products and services quickly but also offers additional values to customers (Kotler, 1972).
In…...
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References
Kotler, Philip (1972). A Generic Concept of Marketing. Journal of Marketing 36 (April), pp. 46-54.
Kotler, Philip and Armstrong, Gary (1996). Principles of marketing. Englewood Cliffs, N.J.: Prentice Hall
Porter, M.E.. (1985). Competitive Advantage. New York: Free Press.
Teece, D. (1986). Profiting from Technological Innovation. Research Policy, 15: 285-305.
The author discusses these drivers based on their sources as some are external to the hospital, others from private organizations and governmental agencies, and others from internal sources like quality management, governance, and leadership functions. In this chapter, the author provides an in-depth analysis of internal and external drivers of quality improvements, the link between quality care and financial incentives, and the role of quality management in enhancing patient safety.
The external drivers of quality improvements work to change healthcare because many health care officers fail to recognize that patient safety and quality outcomes are forces that affect the budget of a health care organization (Dlugacz, 2010). The external drivers have become vital forces in value-based purchasing because of their ability to link quality to finance. In contrast internal forces that influence quality improvements occur because of the lack or absence of oversight within hospitals. These forces are largely attributed…...
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References:
Dlugacz, Y.D. (2010). Drivers of change. In Value-based health care -- Linking finance and quality (chap. 1). San Francisco, CA: John Wiley & Sons, Inc.
"Roadmap for Implementing Value Driven Healthcare in the Traditional Medicare Fee-for-
Involvements and human resources tasks have got to be planned and implemented to constantly develop worker-duty evaluations. The prototype offered is several of the studies mentioned above exemplifies how precise altered involvements, which relate to the doctrine of value compass of TQM, can accomplish worker authorization, and how this authority guides to enhanced consumer contentment (Lawrence and Tina, 1995).
Bibliography
Benson, P., J. Saraph, and . Schroeder. 1991. "The Effects of Organizational Context on Quality Management: An Empirical Investigation." Management Science 37(9): 1107-1124. In Lawrence D.F and Tina L.. 1995. Modeling the ole of Total Quality Management in the Customer Focused Organization. Journal of Managerial Issues. 7. 4.
Byrne, J.A. 1992. "Paradigms for Postmodern Managers." Business Week (einventing America): 62-63. In Lawrence D.F and Tina L.. 1995. Modeling the ole of Total Quality Management in the Customer Focused Organization. Journal of Managerial Issues. 7. 4.
Cole, .E. 1989. "Learning from the Japanese." Management…...
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Ramberg, J.S. 1994. "Thought Revolution or Trojan Horse?" OR/MS Today 21(4): 18-24. In Lawrence D.F and Tina L.R. 1995. Modeling the Role of Total Quality Management in the Customer Focused Organization. Journal of Managerial Issues. 7. 4.
Tenner, A.R., and I.J. DeToro. 1992. Total Quality Management. Reading, Massachusetts: Addison-Wesley Publishing. In Lawrence D.F and Tina L.R. 1995. Modeling the Role of Total Quality Management in the Customer Focused Organization. Journal of Managerial Issues. 7. 4.
This leaves 91% who do not believe that their human capital practices effectively connect with organizational performance..." (Hall, 2008)
III. SUMMARY & CONCLUSION
It is certain that the valuation of human capital in the majority of organizations has fallen short. Management strategies are all too often focused on accounting strategies instead of the proper investment and facilitation of employing that which is highest value in their strategies and that being the proper management, training, and long-term investment into the organization's human capital. Human capital is quite clearly noted in this brief review as the company's 'potential' for profit and incidentally one that has received very little in the way of thought, consideration or strategic focus traditionally and historically in today's organizations. While some fields and professions such as the medical and specifically the nursing profession has already come face-to-face with in terms of its failings to strategically invest in its human…...
Value Management (VM) "uses a unique combination of concepts and methods to create sustainable value for both organisations and their stakeholders" (IVM, 2014). A number of these techniques were instrumental in the success of the Open University library project. An early success was found with an excursion, specifically the river cruise on the Thames. While initially there was a lot of mistrust among the different stakeholders, who each had their own objectives, the river cruise proved to be effective in bringing the team members together. Such excursions are often important to give people a chance to socialize on to discuss their common interests in the project. Ultimately, the cruise was the turning point that set the project back on the right path.
Another technique that was instrumental was issue generation and analysis. This technique allows the different stakeholders to get their issues onto the table. Each stakeholder therefore has a voice,…...
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References
IVM (2014). Value management techniques. The Institute of Value Management. Retrieved March 29, 2014 from http://ivm.org.uk/techniques
Valencia, J., Jimenez, D. & Valle, R. (2011). Innovation or imitation? The role of organizational culture. Management Decision. Vol. 49 (1) 56-72.
Value Digital Privacy Information Technology
The Value Digital Privacy in an Information Technology Age
National security concerns in society and the continual investing in Internet, telephone, text and e-mail monitoring systems by enterprises are reshaping the individual citizen's rights to privacy. For U.S. citizens and employees, this is particularly challenging to accept and is often outright rejected as this nations' culture has been predicated on individual liberties and an assurance of privacy.
The technologies that are being used for national security and surveillance, combined with those used by corporations together have the ability to capture, aggregate, create analytical models and predict behavior over time (Ottensmeyer, Heroux, 1991). Monitoring and the analysis of data from the many technologies used from surveillance can today be used for behavioral modeling and gaining insights into peoples' and organizational behavior to a level never before possible or with as much precision (iedy, Wen, 2010). As technologies continue to…...
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References
Findlay, P., & McKinlay, A. (2003). Surveillance, electronic communications technologies and regulation. Industrial Relations Journal, 34(4), 305-318.
Freeh, L.J. (1999). Encryption and electronic surveillance. Vital Speeches of the Day, 65(24), 738-742.
Gibbons, R. (2002). Privacy laws and global insurance markets. Journal of Insurance Regulation, 20(4), 71-79.
Jeng-Chung, V., & Ross, W.H. (2005). The managerial decision to implement electronic surveillance at work: A research framework. International Journal of Organizational Analysis, 13(3), 244-268.
You can find information to create this thesis statement by using several different types of sources. In addition to the standard Google search for websites about the topic, there are online and offline books and magazines that deal with religious subjects.
Ministry Magazine is a good source to consider, along with Enrichment Journal and Christian Standard. Liberty University's Digital Commons also provides a lot of good insight into growing small churches.
Any church can be successful in a small city, as long as it provides the community with what the people need in order to feel their lives are being....
Remarque challenges the social, cultural, and political notions of war in the way the main characters react to their plight. It is assumed that a nation will rally around its troops, and that the troops themselves will see war as having a great level of value. Since the main characters do not see war that way, they feel cut off from the social and cultural aspects of "going to war." They also don't understand the political ramifications, or why any country would want to invade another. It doesn't make sense to them. Remarque indicates that this may be much more....
The practice of nursing is strongly guided by ethical theories and principles, because nurses are charged with the duty of taking proper care of patients and ensuring that they do no harm to them. The principles, values, and morals they must adhere to are based on what is needed for them to provide the maximum benefit and level of care to the largest number of patients on a daily basis. The values and morals they hold may differ from those of the patients they care for, and they must be careful to avoid putting down on or otherwise dismissing what....
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