Eagle Machine Company Essay

EAGLE MACHINE COMPANY The Eagle Machine Company has fallen on bad times. Eagle, a maker of specialty restaurant equipment, has sales totaling $72 million, but sales are declining while costs continue to increase. If things continue in this direction, Eagle soon may have to close its doors. At a special management meeting, the president lays it on the line! He demands that the firm break even in the remaining quarter of the year. For next year, he calls for profits of 5 percent, a 20 percent increase in sales, and deeper cuts in labor, material, and overhead. Later in the day, the president calls Sally Stone, director of supply management, in for a discussion. â€Å"Sally, I want your supply management people to carry the ball at the start of the game. We can’t get sales moving for six months. But you can improve your housekeeping—and Eagle’s profits—right away. Just think what you can do to that chart! Every penny you save is profit! So take a close look at what you buy. I don’t care how you make your savings—by negotiations, inventories, imports, anything. But put the screws on tight—right away! â€Å"Start with inventories, they’re sky-high. So get together with manufacturing on a 10 percent cut! We’ve got $12 million worth of materials stashed away around here, and a 10 percent cut would save at least $300,000 a year in carrying charges. At the same time, get your payroll and operating expenses down 10 percent. That is in line with our companywide cutback. I know this hurts, Sally, because you’ve got some mighty fine people here in supply management, but we can’t be sentimental these days. Our overhead has got to come down—or we’re dead! â€Å"I’m having an executive committee meeting in one week. Have your plans ready by that time! We’re betting on you, Sally. Sally reports to the president, as do other department heads. Sally learns from inventory control that raw stock inventory is $12. 2 million. The marketing manager controls finished goods stocks. Sally wonders how she can deliver the cost reduction and still keep her department and supplier relations in shape for the long pull. 1. What actions should Sally take to reduce inventories by 10 percent? 2. What dangers, if any, are there in reducing inventories? 3. In what ways could the cost of goods purchased be reduced? 4. What position should Sally take on the president’s plan to reduce the supply management payroll by 10 percent?

Motivation in History: Charles Beard and the Founding Fathers Essay

Throughout history there are all kinds of historians that describe about our history and how we got to where we are. Charles Beard is a unique historian because he talks about the motives on our history event by not just any event. This issue created a lot of debate on what Charles Beard believed and that is the motives of the Founding Fathers. Charles Beard published An Economic Interpretation of the Constitution of the United States on whether the Constitution’s backers simply concerned for the nation or were they interested in protecting their own material interest. He also describes that questioning the motives of the Constitution’s supporters, it also demonstrated how important our interpretations of the past could be. The supporters of the Constitution before made the Articles of Confederation. The Article of Confederation was designed for the States to have the power and to have a weak central government, but it produced some problems. Money capital suffered under the Articles of Confederation, the lack of securities for American products and investments into the foreign market. Also under the Article of Confederation the government was not paying the interest on its debt from the war, which crippled the country. He made these arguments to back his thesis on that the supporters of the Constitution was looking for their interest and not entirely the nations interest. After Charles Beard published this thesis, made a dispute against other historians. These historians do not believe Charles Beard’s thesis and try to disprove his thoughts and prove that the supports did not write the Constitution for their own interest. In a chart, which shows the Delegates that were at the Constitution Convention. The Delegates on this chart are people having public security holdings, who are people from all different backgrounds. The Delegates mostly signed the Constitution were not all wealthy landowners looking out for them. There was some small farmer in that group, who would never sign the document to benefit the rich. In other chart on the Delegates to the New York State Ratifying Convention shows that there was a mixes of  people with different economic status voting for the Ratifying Convention. Also the people who voted were Federal and Anti-Federal that voted Federal, plus lawyers did not vote for it and those would be the kind of people to want the Constitution if it was to benefit the supporters. This chart showing that it was not just the supports interest it was made for the nation because they were different people voting different ways. The Founding Fathers Debate the Establishment of Congress discusses about the thought of the Delegates, who were at the Convention. Mr. Gerry was one of those men there and he said â€Å"The evil we experience flow from the excess of democracy.† Also â€Å"It would seem to be maxim of democracy to starve the public servants.† To what Mr. Gerry said and that he left without signing the Constitution and who also had the largest amount of money. All these disprove what Beard was trying to prove in his thesis because if it benefited the supporters won’t he be one to want to sign it. John Madison said â€Å"From the protection of differing and unequal abilities for the acquiring of property, there results the possession of different degrees and kinds of property; and from the influence of these differences there follows a division of society into different interests and parties.† With different interests there cannot be a majority making the Constitution for their own interest. Alexander Hamilton discuses about the needs the government must attend to and under the Article of Confederation would never be possible. He pushes the Constitution that can handle all of its problems and looked for the best interest of the people because it does benefit him just the stability of the country. I believe that Beard’s thesis on the motives of the Founding Fathers was not entirely correct because it was more than economics. I am impress on his thesis because he does creates support back up his thesis and with just reading his writing it makes you wonder is it possible, which is want he want that to be the reaction of people. The problem is if you are an historian you could not just read his writing, you must research other source and reading other primary sources the Beard’s thesis died out. Beard thesis is a step to understand our past; with this the historians stimulate others to research better and so on. That was one of Beard’s goals  but it backfired and took his thesis out of believing it was possible. This is a way of life and that it is the right of the Constitution to have been able to disprove peoples work and improve to understand our past.

Food Safety and Hyienic Practices of Street Food Essay

DISCUSSION The street food industry plays an important role in developing countries in meeting the food demands of the urban dwellers. Street foods feed millions of people daily with a wide variety of foods that are relatively cheap and easily accessible (Latham, 1997). However there are significant reports of health problems that have been associated with these street foods(Muleta and Ashenafi (2001); Ashenafi (1995); El-Sherbeeny et al (1985); Abdussalam and Kaferstein, (1993); Mensah et al (2002) and Omemu and Aderoju (2008). Street foods are sources of nutrition for many low-income groups at affordable prices in large urban areas.Nevertheless, there are also several health hazards associated with them. These foods could be main vehicle for transmission of severe and fatal diseases that could be life threatening. Contamination of these foods could result from pre or post cooking contamination from the food handlers. Street food vendors are often unlicensed, untrained in food safety, food hygiene and sanitation, and work under crude unsanitary conditions (FAO 1990). Muinde and Kuria (2005) in their study in Nairobi, Kenya found that over thirty-five percent of the vendors belonged to the age category of 20-25 years. Sixty percent of the vendors were male while 40% were female. Sixty-two percent of the vendors interviewed had primary education and below, 36.3% had secondary education while only 1.3% had college education. In our study we found women made up 66.67% of the vendors while males made up 33.33% who fell into the average age group of 31-40 years with mean age of 41.23 years. This is in contrast with their findings. In Accra the street food trade was conducted by children aged >10 years and by women aged.

Being a Nurse Is More Than a Job, It’s a Treasure Essay

To me, being a nurse is far more than a job or even a career. It’s an adventure, a continuous learning process that I embark on bravely each day, in search of life changing events and miracles. Touching the lives of others is a treasure chest overflowing with metaphorical gold, whether the help I provide is of great measure or remains unnoticed. The pride I hold in saying, â€Å"I’m going to be a nurse,† is immeasurable. Nursing is more than a profession of integrity and compassion, it is a privilege that measures out my values as a human being and the responsibilities granted to me with the precious gift of life. The first time I truly touched a person’s life, although the encounter was brief, was surprisingly fulfilling. A strong feeling of accomplishment and self-worth spread rapidly throughout my body and soul that no average â€Å"good deed† has ever accomplished. Nursing exceeds that average deed by far. After each experience, I’m left with an awestruck attitude of purpose, knowing that I am needed in someone’s life. By saying, â€Å"I’m going to be a nurse† each morning, I get the motivation needed to survive the awaited day ahead of me with a smile. In my opinion, nurses aren’t angels. They don’t go hand in hand with hearts and rainbows. Nursing is about providing care, yes, but that does not entail that nurses’ only purpose is to be a compassionate hand to hold on to. Nursing integrates science and care. Nurses take the knowledge they have gained from their education as well as their experience and apply it each and every day, all while, being there to comfort patients in their times of need, whether what is needed is an IV, pain medication, or an ear that will listen. Like it said in the documentary, a nurse takes advantage of opportunities, faces daily challenges, and most importantly in my eyes, is a powerful advocate for the patient. Watching this video enlightened me to the most significant responsibilities of a nurse. I’ve realized that a nurse is the liaison between the doctor and the patient. They ensure that the patient fully understands what is happening to them in their most vulnerable states. Nurses are responsible for patient education and for making sure the patient understands what the doctor tells them. Ardis Bush said just a few words that really clarified what being a nurse is  all about. She said that nurses treat the whole person, someone with feelings, someone who may cry – not just the diagnosis. In other words, doctors cure, but nurses heal. Ardis really helped me understand the difference between a doctor and a nurse. Nursing facilitates more meaningful patient interaction. I don’t want my patients to be just a statistic. I want to remember them and how strong they were emotionally when they weren’t strong physically. This video showed me that being a nurse will allow me to do just that.

Performance of Senior Executives in a Firm Essay

Performance of Senior Executives in a Firm - Essay Example Interestingly though, the changing times have never seen difference of opinion in one particular area; how the masses criticize their bosses at large! One major factor which generates such opinion is the considerable difference in remuneration and perks for the higher ups, which are always in sharp contrast with their subordinates. Hereunder shall be a discourse of how examples from a very different arena of sports, can be successfully extrapolated to reconstruct the work infrastructure of the top-level management. In psychology, the core theories of behavior modification revolve around the concept of reward and punishment. And this being the primary science that studies human behavior, much can be applied from it unto the realm of economics. Organizational psychology and workplace economics in any setting, therefore, is incumbent upon the fact that people work because of their motivation and incentives. Regardless of passion and loyalty, the primary needs of a person have to be fulfilled in order for him to perform beyond the ordinary. Incentives, here, play the role of that little 'extra' spice that is added to life; something more that the employee and the organization are looking forward too and yearn to achieve. At this point in time, it is important to consider the Directorial level of the organization both as human beings, and as employees of the organization! For a small child, a toy or a candy can play the role of a potent incentive. Obviously, the adult human demands for much more than that. Nonetheless, the primary role that is played by any incentive-providing-stimulus is the same - it generates more interest in a person, and the overall productivity of work increases. But here, an interesting fact must be considered. The same child, if knows, that no matter how much he cries or yells he will get the toy, the incentive factor diminishes to a negligible level. However, when the same toy is presented to him on accord of providing a disciplined stance, or taking his supper on time, than it acts as a positive incentive and concrete behavior modification can be seen. Exactly on the same principle, if any employee of an organization, regardless of seniority level, knows that come what may, the actual increment in pay and perks will be there, than it is much too obvious that the productivity shall not be the same. However, when a realization is set into the individual that increments shall be performance-based, than we see a positive vector definition for work by the individual, which provides a symbiotic benefit to the organization. Now here, focus is required upon the top-level management. The aforementioned theory is generally applied on subordinates in all organizations at large - do good work and get good pay. Yet, contrary to the theoretical norms of economic and organizational management, the Mangers are kept out of this 'struggle for work'. Once a person is in the higher ranks, it seems predestined that the ladder will only go up, much in the manner of an escalator! This not only creates a bias and division in understanding of human workplace ethics, but also creates unrest in the minds of lower-levels in the firm. (a) Analogy from Payment Systems for Jockeys Though some top managers may find it bizarre to be compared to race jockeys, yet the

Lessons From Lafarge Essay Example | Topics and Well Written Essays - 1500 words

Lessons From Lafarge - Essay Example Objectives of ISO 14001:2004 The internal objectives of the ISO 14001:2004 are provide assurance to management for controlling organizational processes and activities having an impact on the environment, and to assure the employees that they are working in an environmentally responsible organization. The external objectives are assuring external stakeholders like customers, community and regulatory agencies about the environmental issues, conforming to the environmental regulations. Other objectives include supporting the organization’s claims and interactions about its environmental rules, strategies and proceedings. A structure for representing compliance by means of suppliers’ statement of conformity has also been an object (ISO 2012). Environmental Performance Measurement The first generation of environment performance evaluation (EPE) comprised companies with reactive environmental policies. The focus was on the risk management and dealing with environment related costs. The available environmental performance data was used for internal purpose (Bennett et al. 1999, p.84). The second generation environment performance evaluation is marked by the inclusion of stakeholder management in the framework. Companies moving to this phase focus on site reporting. This phase is also influenced by the total quality management. This requires more detailed data. The second generation focused on resource productivity with waste minimization (Bennett et al. 1999, pp.84-86). The proposed ISO 14031 can be modeled in the shape of diamond. There are three important facets of environment performance evaluation. The first facet reflects bulk of measurable activities dealing with energy, materials, emissions and wastes. The second facet is a west-east axis which is mainly the product chain that includes the environmental impacts of the supplier. The diamond’s north south activities have two objectives. The first one is to assess the direct environmental impa cts associated with the sustainability of the organization’s activities. The other is to assess the business side of the environmental actions (Bennett et al. 1999, pp.87-90). In 2011, Lafarge remained in the Dow Jones Sustainability Index (DJSI). The group scored high in the environmental reporting, climate strategy, biodiversity and stakeholder commitment. This is evaluated by Sustainability Asset Management for the DJSI (Lafarge, 2012). Ernst & Young examined the Group's social and environmental indicators and certified its practices (Lafarge, 2012). Corporate Environmental Strategies Managers should consider company’s position with respect to both market and nonmarket factors while deciding on an environmental strategy. Market strategy uses environmental issues for creating a competitive advantage for the company. This is achieved through cost savings and increased profits. Nonmarket strategy focuses on the interactions with stakeholders like, regulators, local com munities, and environmental interest groups. These strategies consider creating value by improving overall performance and image. Nonmarket strategies may present competitive advantages by recognizing new opportunities created by regulation or public sentiment (Maxwell, J. et al. , 1997, pp.118-119). The proactive companies’ managers recognized a number of competitive advantages arising from their environmental response. The reactive companies were not able to relate their corporate environmental awareness strategies

Formal essay on Frankenstein Example | Topics and Well Written Essays - 1250 words

Formal on Frankenstein - Essay Example We study the same in our thesis here. Much as the critics would hate it, Shelley’s depiction of how Frankenstein is created is a wholly enjoyable read that has the elements of hatred and loathsomeness intertwined with a feeling of awe and surprise. Shelley has used words like â€Å"trance†, â€Å"work-shop of filthy creation†, and â€Å"all soul and sensation† (Shelley, 50), which add that poetic flavor to a scene that is in plain words horrendous and ethically wrong. Victor Frankenstein is a person who wishes to create a being of his own type. He is consumed with the idea of being a creator but unaware of the responsibilities that come with it. He creates the monster or ghost in a state of trance, wherein no other human element is involved. Thus, the ghost is a sub human creation and not a clone expected through science. Using the power of spirit to rule over the world is often a writer’s chance to open up different visuals in the mind of the reader. Many argue that quite a few salient features of the original novel are missing from its movie version. Amongst these features, one factor is the emphasis on the confused origin of the monster clone. Humans have grown with the understanding that for procreation, a male and a female must come together. In this story, the scientific vision of creation, that is solely man-made, is generated by making Victor the sole creator of a monster, which is born out of no woman. Therefore, again the monster’s origin is non-human which makes him unfit to exist in the human society, let alone be born or have a family. With such a start, the reader goes through a series of thought lines that the monster takes in his consecutive scenes. According to the writer, the monster grows a fondness for Elizabeth who is Elizabeth’s cousin and a love interest. We can understand that such fondness comes from the fact that the monster