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Each week, you will be asked to respond to the prompt or prompts in the discussion forum. Your initial post should be a minimum of 300 words in length, and is due on Sunday. By Tuesday, you should respond to two additional posts from your peers.
Question A
Give some examples of service firms that might use job-order costing, and explain why it is used in those firms.
Question B
What is activity-based product costing and when is it beneficial?
It’s the moment of truth: the first step in introducing the new project to senior management. The senior management team is located in another state and wants to hear your pitch remotely. They have given you five minutes to deliver your pitch during a leadership meeting.
Prompt
Create and record an elevator pitch for your new product or service using your project outline as a guide. In your pitch, be sure to include the following:
Introduction: Introduce your product or service.
How it fits: Describe how the product or service fits into the overall strategic plan and mission of the company.
Speculate about whether the product or service fits within the capabilities of the company based on your research from previous modules (use resources like Marketline.com, Yahoo Finance, and investor relations pages within the company’s website).
Justification: Justify your suggestion based on the numbers.
What will be the revenue gain?
Speculate on an ROI that justifies the project for investors and/or senior management.
Enhancing the mission: Explain how the new product or service enhances the company’s overall mission.
Does it project profitability?
Support your position with information and data from the company’s 10K (use resources like Marketline.com, Yahoo Finance, and investor relations pages within the company’s website).
Assignment
Why do corporations purchase and issue treasury stock?
What is the journal entry for recording the purchase of treasury stock?
How would you record the reissuance of treasury stock if the proceeds obtained are: at cost of the treasury stock? Less than the cost of the treasury stock? More than the cost of the treasury stock?
What is the main difference between notes payable and bonds payable?
What is the main difference between a bond and a share of stock?
What does it mean to issue bonds at: Par? At a Discount? At a Premium?
What is the difference between the contract (coupon) rate and the market rate for bonds?
What is the journal entry for recording the issue of a discount bond? What is the entry for recording interest and amortization?
What is the journal entry for recording the issue of a premium bond? What is the entry for recording interest and amortization?
What is the journal entry for recording the bond maturity?
Identify an ethical issue in the workplace. You may describe one from the news or at your current or former job. You do not have to state the organization’s name (use Company ABC or XYZ if you wish). In a 200–300-word 3ssay, answer each of the following questions.
Describe the ethical issue. What happened?
Why do you believe these events occurred?
How did the issue affect employees and the company?
Identify three repercussions associated with this issue. What could be done to prevent similar issues from reoccurring?
Name three tools’ managers use to encourage ethical behavior in the future.
Develop 1,500‐2,000 word high‐level Performance Management Cycle Plan. The plan should contain an introduction and conclusion that explains how effective performance management supports organizational strategy and HR goals.
The purpose of this assignment is to simulate the thought process that managers use when evaluating the various elements of supervision, performance management, and employee retention. The students are expected to produce a plan that includes:
Introduction of the organization that outlines the importance of performance management in organizations and performance management needs in the chosen organization.
Performance Management Process (Step 1). Performance outcomes for the company and performance outcomes for a selected department in the company. Students should include policies that support a culture of diversity.
Performance Management Process (Step 2). Develop employee goals, behavior, and actions to achieve outcomes.
Performance Management Process (Step 3). Provide support, supervision, and ongoing performance discussions.
Performance Management Process (Step 4). Evaluate performance of employees.
These weekly exercises provide the opportunity for you to understand and apply statistical methods and analysis. Unless otherwise stated, use 5% (.05) as your alpha level (cutoff for statistical significance).
1. What information does a correlation coefficient convey?
2. State whether each of the following is an example of a positive correlation or a negative correlation.
1. Higher education level is associated with a larger annual income.
2. Increased testosterone is associated with increased aggression.
3. The smaller the class size, the more students believe they are receiving a quality education.
4. Rising prices of apples are associated with the sale of fewer apples.
3. Which is the predictor variable (X) and which is the criterion variable (Y) for each of the following examples?
1. A researcher tests whether the size of an audience can predict the number of mistakes a student makes during a classroom presentation.
2. A military officer tests whether the duration of an overseas tour can predict the morale among troops overseas.
3. A social psychologist tests whether the size of a toy in cereal boxes can predict preferences for that cereal.
Use SPSS and the data file found in syllabus resources (DATA540.SAV) to answer the following questions. Round your answers to the nearest dollar, percentage point, or whole number.
4. What is the regression equation that would best predict relationship happiness (HAPPY) from the Lifestyle (L) score?
a. HAPPY = L – .143
b. HAPPY = .23L – 4.5
c. HAPPY = .42L + .23
d. HAPPY = 4.47 – .018L
5. The Lifestyle score (L) measures the degree to which a participant desires a luxurious lifestyle. The Dependency score (D) measures the degree to which a participant expects others to provide financial support. Compute the correlation between these two variables. Which of the statements below best describes the relationship?
a. People who want a more frugal lifestyle tend to be more financially dependent.
b. People who want a more luxurious lifestyle tend to be more financially dependent.
c. People who want a more luxurious lifestyle tend to be less financially dependent.
d. There is no relationship between desired lifestyle and financial dependency.
6. What is the Pearson r correlation between participants’ ages and the age of their partners (AGE1, AGE2)?
a. .000
b. .413
c. .622
d. .822
7. Look at the correlation between Risk-Taking (R) and Relationship Happiness (HAPPY). Use the standard alpha level of 5%. How would you describe the relationship?
a. The relationship is non-significant.
b. There is a significant negative relationship.
c. There is a significant positive relationship.
d. The correlation is zero.
8. If you randomly chose someone from this sample, what is the chance that they described their relationship as either Happy or Very Happy?
a. 32%
b. 37%
c. 56%
d. 69%
Activity Outcomes
Examine the basic assumptions underlying statistical operations
Demonstrate the ability to analyze data
Go to the SANS website (http://www.sans.org), locate the White Paper, and find an article that relates separation of duties for high-risk transactions . Write a report about the article, including the relevance of the article to the module, issues raised, your opinion of the issues (agree or disagree and why), and recommendation(s), if any.
The supervisor’s effective use of self-awareness is an integral component to building and maintaining a successful supervisory relationship. Think about an experience where you were either a supervisor or supervisee.
What factors from this experience were positive for you?
What factors from this experience were challenges for you?
What personal attitudes did you bring to supervision?
What impact did your personal attitudes have on the supervisory relationship?
Learning from this experience, what strategies would you use to build and maintain a successful supervisory relationship?
The supervisor’s effective use of self-awareness is an integral component to building and maintaining a successful supervisory relationship. Think about an experience where you were either a supervisor or supervisee.
What factors from this experience were positive for you?
What factors from this experience were challenges for you?
What personal attitudes did you bring to supervision?
What impact did your personal attitudes have on the supervisory relationship?
Learning from this experience, what strategies would you use to build and maintain a successful supervisory relationship?
The bank is helping companies to do online transactions with the customers who hold their credit cards (New-Trust Bank Credit Card). The Bank has a headquarters in Dallas TX with 300 employees.
FDIC regulations require that Banks must keep customer information (including contact, identification, and transactions) for five years after the account is closed.
Question 1:
Client/Server Network for Intranet.
New-Trust Bank’s IT system is cable of processing 15,000 customers a day. All Customer accounts are kept in the Customer Accounts database and there is a backup system to fulfill the FDIC regulations. Customer transaction information has to be moved to the long-term memory (archive) for backup and to fulfill the FDIC regulations. This database is within the New-Trust Bank IT data center. All company employees will be connected to the Customer Accounts database via the intranet.
Task: Develop a Client/Server diagram for the Bank’s management office intranet only. You should present the client computers (office PCs), network devices, the customer accounts database, and long-term data storage (archive) in your Intranet diagram. You should not be specific about the number of computers in the LAN, you can use generic numbers for presentation purposes. For security reasons; there is no requirement for wireless devices. All connections must be via cable.
Your Intranet diagram has to have the following components
Bank’s management office intranet:
Client Computers (Office PCs),
Network Devices (switch, router, etc.)
Server(s)
Customer Accounts Database
Employee Database
Long-term Data storage (archive) for Customer Accounts
Connections /cables
You may use DRAW.IO for your Client/Server diagram.
You should write at Top right corner Meet Patel and New Trust Bank name on your diagrams.
Question 2:
Cloud Computing
It looks like New-Trust Bank Credit Card will become very popular in near future. And there will be more companies that will accept Bank Credit Cards in the future. Each company will bring more customers for the Bank. This growth in customer numbers is of course good for the Bank, but the Bank managers are worried about the current data center and the FDIC regulations. The current data center cannot handle this fast growth of customer numbers. They need your help with the solution.
Consider the Bank’s IT system and the expectations from the Bank Management to accommodate the expansion of the customer numbers and FDIC regulations. Which sections/components/services would be achieved by Cloud Computing?
List the IT components that can be moved to Cloud. So, the Cloud service provider can help the growth of the company
List the IT components that can NOT be moved to Cloud. These are the section(s), you would not move to the cloud. List the IT components that can be done by the on-site data center (not Cloud Computing) and write the reason for not caring over to the cloud.
Question 3:
Web Page Structure
New-Trust Bank’s website has three different sections for three different business interactions.
Section 1 Personal accounts are accessible via the internet and open to the public. And should have the following subsections
Opening page/ welcome/opening page
Locations and business hours
User Login page
Latest rates for the loans
Incentives for new customers
Section 2 Employees can access via the intranet, employee accesses only and is not open to the public. And should have the following subsections
Opening page/ welcome/opening page
This week’s upcoming activities/projects
Link to the Human Resources department’s webpage
Link to the Marketing department’s webpage
Link to IT department’s webpage
Section 3 Corporate accounts are accessible via the internet and open to only partner companies. And should have the following subsections
Opening page/ welcome/opening page
Locations and business hours
Login page for the corporate accounts
Task: Develop the Bank’s Website structure for Intranet only. You should first decide which sections should be under this Website and then draw the Website Structure using a block diagram. Please refer to the lecture notes for a similar case. This section of the website should not be open to the public.