Managment

In: Business and Management

Submitted By chrisbarbary
Words 1049
Pages 5
The legalization of gambling in Texas has been in debate for many years. In
1995, Texas proposed a referendum for casino gambling but it was rejected by many of the stateʼs conservative residents. In 2011, casino taxes accounted for $660 million of
Indianaʼs state tax revenue (Hoagland-Smith, 2012). This revenue supports basic government services, such as school funding, child safety and corrections. Rather than enjoying the same type of profits, Texas has found it hard to meet its state budget year after year. Revenues from the casino could help cure a lot of the financial issues throughout
Texas. These issues can range from roads to schools and education. While revenue from the casinos will be a major benefit for the Texas, the increase in employment will be another component to Texasʼ economic growth (Garrett, 2003). Casino operations require labor, and this labor is likely to come from the local area. Though residents debate over the value of gambling to its moral hazard, its hard not to see how we can benefit from this major source of revenue. Tax revenue could be one of many great beneficial contributions to Texas. Permitting gambling in Texas could boost the economic growth for the state. According to "Business Insider" (2011),”“Bad news on the state of muni finance the Texas budget is expected to run a $27 billion two-year budget shortfall according to just-released state estimates. That is worse than the $25 billion that Paul Krugman cited last week when he gleefully noted that a GOP bastion was facing deficit problems.”(para.1-2). 70 percent of Texans go out of state to spend their hard earn dollars. Texans spend approximately up to $4Billion dollars each year to our neighboring states according to Jack Pratt, chairman of the (TGA) Texas Gambling Association. Texas is facing layoffs from jobs, gas prices are soaring and, some parts of Texas…...

Similar Documents

Total Quality Managment

...People are emotional, and they can be satisfied only as the result of the interactions with other people. According to Harvard study, fully 68 percent of dissatisfied customers who changed suppliers did so because of the indifference of one or more people in the company. The third corollary of the Law of Customer Satisfaction is; the best companies invariably have the best people. The fourth corollary of the Law of Customer Satisfaction is; the role of management is to achieve the maximum return on investment in human resources toward satisfying customers. The employees of a company will always treat the customers the way the management treats the employees. Brain Tracy; Absolutely Unbreakable Laws of Business Success. BARRIERS TO QUALITY MANAGMENT The following points are barriers to QM suggested by Howard S. Gitlow; Quality Management Systems 2000, 1. Inability to change the mind set of top management. 2. Inability to maintain momentum for the transformation. 3. Lack of uniform management style. 4. Lack of long-term corporate direction. 5. Inability to change the culture of the organization. 6. Lack of effective communication. 7. Lack of discipline required to transform. 8. Fear of scrutiny by supervisor. 9. Fear of process standardization. 10. Fear of loss of individualism. 11. Fear of rigidity. 12. Lack of financial and human resources. 13. Lack of training and education. 14. Lack of management commitment. CHAPTER THREE RESEARCH......

Words: 14734 - Pages: 59

History of Project Managment

...HISTORY OF PROJECT MANAGMENT 01-Jun-13 UMMARA MUSHTAQ 2123224 HISTORY OF PROJECT MANAGEMENT PROJECT MANAGEMENT: Project management is the discipline of planning, organizing, motivating, and controlling resources to achieve specific goals. Starting in the early 1960s, businesses and other organizations began to see the benefit of organizing work around projects. This project-centric view of the organization evolved further as organizations began to understand the critical need for their employees to communicate and collaborate while integrating their work across multiple departments and professions and, in some cases, whole industries. LATE NINETEENTH CENTURY: We can travel back even further, to the latter half of the nineteenth century, when the business world was becoming increasingly complex, to see how project management evolved from basic management principles. Large-scale government projects were the impetus for making important decisions that became the basis for project management methodology. In the United States, for example, the first truly large government project was the transcontinental railroad, which began construction in the 1860s. Suddenly, business leaders found themselves faced with the daunting task of organizing the manual labor of thousands of workers and the processing and assembly of unprecedented quantities of raw material. EARLY TWENTIETH CENTURY: Taylor introduced the concept of working more efficiently, rather......

Words: 607 - Pages: 3

Human Resource Managment

...market of the UK. The report is divided into five segments namely introduction, human resource theories and current market place trends, strategic planning, recommendations and conclusion. Human Resource Theories and Current Market Place Trends Human Resource Theories Human Resource Management is identified as the set of individuals or employees who work for an organization or business association in order to increase productivity and profitability. Human resource is one of the significant components of an organization as they are entirely responsible for the prosperity of the business. Thus, proper and efficient functioning of the organizational operations can be maintained only with the help of effective human resource managment process. It is very essential to maintain an ambient organizational culture so that a mutual situation can be maintained among the hierarchy of an organization. It would also improve both employee and employer relationship which would enhance organizational productivity and profitability. Moreover, organizational profit would improve the wages along with living standards as well (Armstrong, 2008). Human Resource Management (HRM) is the tactical and planned approach to manage the most essential assets of an organization i.e. human resources or employees. HRM is an operation within an organization, which is utilized for the well-being of both employees and employers. It deals with varied issues namely compensation, recruitment,......

Words: 10901 - Pages: 44

Cups Printer Managment

...Unit 4 Assignment: CUPS Printer Managment Linux Networking Abstract In an environment with multiple printers, each doing specific jobs or is capable of doing multiple jobs, have to handle management. In an office that contains ten or more computers with a like number of printers, it is pretty easy for things to get confusing for an administrator who doesn’t have the funds for a commercial print server. So the answer and solution can or maybe in the open source print management software CUPS. CUPS Printer Management CUPS (Common UNIX Printing System) is a fully open source solution for printer management. CUPS is capable of handling a few or hundreds of printers and CUPS has features that even expensive commercial options don’t have. Here is a short list of some of those features: • CUPS has the ability to send a print job to multiple printers so that if the first printer is not available, it can send the print job to the next printer down the line. This is great for rush print jobs in office environments. • An administrator can create printer classes and create groups of printers that have certain job and access requirement. An example of this would be a printer that is on a network that only supervisors can use while others who are not supervisors must use less secure printers. With just those two abilities mean is that a CUPS server can do what most commercial servers cannot do. CUPS provides a mechanism that allows print jobs to be sent in a standard......

Words: 340 - Pages: 2

Strategic Marketing Managment

...STRATEGIC MARKETING MANAGMENT BUSI 520 TASK: Individual Submission Week 3 CULTURAL FACTORS DEFINED Cultural factors have a major influence in what merchandise consumers purchases. In order to understand this clearer, one needs to take a closer look at the definition of culture. According to Kotler and Keller (2012), “Culture is the fundamental determinant of a person’s wants and behavior”. In other words, culture is the deciding factor that guides the choices of the consumer. One product which many consumers purchase is the iPad. Sales, of this advanced version of a tablet computer, are steadily increasing. According to Bray, Palazzolo and Sherr from (2013), the iPhone and iPad are in fact the two top selling products of the Apple company. The iPad, just before its unveiling, was surrounded by so much enthusiasm. As stated by Furfie(2010), “The Wall Street Journal joked that ‘the last time there was this much excitement about a tablet, it had some commandments written on it’”. As funny as this may sound, other tablets don’t come close to competing with this product. The iPad has a stake in our culture and it is here to stay! An astute observer may ask, why do so many consumers gravitate towards iPad as opposed to another similar product in the marketplace today? Furthermore, the enthusiasm and general demand for the iPad seems to overshadow the competitor’s products. Kotler and Keller conclude that the geographic region has a direct influence on the products......

Words: 743 - Pages: 3

Project Managment

...procject managment rols in current IT world Project management is about being controlled from the start of the job to the end. Efficient and effective teams with a leader that can encourage cooperation and motivate to get outcome as all are working toward the same goal. It is in everyone’s best attention to work together to the works success. Project management is appropriate to many businesses and organizations. Some basic industries that use project management include Information technology, telecommunication, construction, software development, banking, manufacturing, professional engineering and architecture, computers. Project management is important because tough budgets, reducing resources, limited time constraints, and competition to improve the methods we do business in the competitive environment. The great ability of project management makes it possible to focus on priorities, track and measure performance, overcome challenges and issues, become flexible enough to adjust to change and reach higher performance and a higher probability of success in each and every project. The challenges of project management most especially the high hopes from senior management combined with little or no hierarchical permission are powerful, but project managers can influence the entire path of an organization. Project management is very important in today's business environment when one considers the repercussions of the lack of good project management or when project......

Words: 1383 - Pages: 6

Strategic Managment Dell

...NAME : NELIUS WACHUKA. NJOROGE. ID NUMBER : B0505RORO0410 TO : DAVID ACQUAYE COURSE : STRATEGIC INFORMATION MANAGMENT DUE DATE : 25/10/2010 SUBJECT : STRATEGIC PLANNING PROCESS OF DELL. EXECUTIVE SUMMARY Every organisation has different processes it uses to be successful and there are some that are quite essential for a business to identify what it is doing right and what it is not doing. Through this process clearly analysed in Dell Corporation in this report it is able to help a business grow, and thus by identifying all this factors a business is able to make starategic decisions on what is best for the business and develop goals that will help move the company forward. So by looking at Dell we will be able to identify all this important processes and thus run a successful business. INTRODUCTION. Dell which was formed by Michael Dell in his university dorm room as shown in http://www.bizface.co.uk/bizfaceforum/blogs-leading-articles/43905-famous-dell-case-study-finance-case-study-dell-s-dilemma-brazil-del.html in 1984 when he was only 19years and is now one of the biggest computer seller worldwide. It has over 100,000 employees in the world and sells 110,000 systems daily to over 180 countries. In its’ second quarter of the fiscal year ended 30th June 2010, dell generated a net income of $545 million. All this huge figures just show how big a corporation dell is and many may ask what were the factors that attributed to this dells’......

Words: 2776 - Pages: 12

Quality Managment

...services and supplies with a mean of 2.75 and SD 0.43 under the category of completely applied, which seams normal because it address the legal requirement that should be their for any laboratories (mandatory). Clause 4.1: Organization and management shows a mean of 2.27 and SD 0.77 under the category of partially applied because it is a part of the laboratory structure responsibility and authority which are legally identifiable. Not applicable Statements Questions Frequency 5.1 Personnel 5.2 Accommodation Environmental Conditions 5.3 Laboratory Equipment 5.4 Pre-examination Procedures 5.5 Examination Procedures 5.6 Assuring Quality of Examination Procedures 5.7 Post Examination Procedures 5.8 Reporting of Results Clause 5 % Clause 4.15-Managment Review shows a mean of 1.63 and SD.48. Clause 4.10 – Corrective Action shows a mean of 1.5 and SD 0.5. Clause 4.1 Internal Audit shows a mean of 1 and SD 0. All the above requirements were under the category of not applied because these activities relevant to quality assurance processes or department which are not existing yet in the laboratory. The not applicable clauses of management requirement are 11 with percentage of 6.1 which considered slightly high, that’s because Saudi Airlines Medical Services Laboratory does not cover all laboratories process. The total no. of clause 4 Management requirements was 179 questions with a mean of 1.99 and SD .77 which mean this clause were partially applied. Table 5: Frequency &......

Words: 137918 - Pages: 552

Supply Chain Managment

...some costs, the rewards make it worth while. As long as proper techniques, such as those listed above, are used, planned supply chain and total quality management should see a reduction in negative costs and an increase in internal and external customer satisfaction. Acknowledgements I would like to thank John Morris for delivering an interesting and very educational unit. Business world has been my favourite lecture and i have learnt a lot. I haven't studied business studies before and this unit has given me a great insight in to what its all about and has inspired me to study it more in the future. Bibliography Bozarth, C.C., Handfiled, R.B. and Weiss, H.J. (2008). Introduction to Operations and Supply Chain Managment. 2nd ed. Upper Saddle River: Pearson. Christopher, M. (2005). Logistics and Supply Chain Management: Creating Value - Adding Networks. 3rd ed. Harlow: Financial Times Prentice Hall. Gatiss, G.F. (1996). Total Quality Management: A Total Quality Approach. London: Cengage Learning EMEA. Goestsch, D.L. (1995). Implementing Total Quality. Englewood Cliffs: Prentice Hall. Handfield, R.B. and Nichols, E.L. (1999). Introduction to Supply Chain Management. Upper Saddle River: Pearson Education US. Liu, J. (1998). Total Quality Management: Impact, Introduction and Integration Strategies. London: CIMA Publishing. Mentzerer, J.T. (2001). Supply Chain Management. Thousand Oaks: SAGE Publication. Parker, N. and D'Vaz, G.A.......

Words: 2656 - Pages: 11

Knowledge Managment Concepts

...KNOWLEDGE MANAGMENT I Concept 1: Organizational learning Overview: Organizational learning is a set of processes by which organizations improve their performance. Performance processes consist of one or more goals, outcome measures, constituent steps, and relevant people, artifacts, and knowledge. Learning processes furthermore require that the organization anticipates and attends to feedback, creates knowledge from that feedback, and takes action based on that knowledge. Relationships among people can be modeled as social networks in which network nodes represent people and network arcs represent relationships (e.g., friendship, advice, supervisor-subordinate relations) that change over time. Social networks also form a resource for collaborative knowledge management: the creation, exchange, and transformation of knowledge. Information technology offers several possibilities for making social networks and collaborative knowledge management more visible, inspectable, and systematic, which may aid the process of organizational learning. Knowledge management and organizational learning are related. The management of knowledge includes creation and sharing of knowledge, which is a constituent of learning. However, learning also involves the decision to change future action, which is typically considered a outcome of knowledge management. Key Attributes Examples Non-Examples Formal training System thinking Shared Experience Personal Mastery Group learning Mental......

Words: 1007 - Pages: 5

Memory Managment

...does not matter which partition is used. In unequal-size partitions, processes can be assigned to the smallest partition within which it will fit. Processes are assigned in such a way as to minimize wasted memory within a partition. Understanding memory management helps significantly when dealing with the management of a computer's physical memory or random access memory (RAM). Memory management provides protection by using two registers, a base register and a limit register. Understanding the requirements for memory management will help you through learning other aspects of information technology. References Rouse, M. (2012). Memory management. Retrieved from http://whatis.techtarget.com/definition/memory-management Memory managment. (n.d.). Retrieved from http://www2.cs.uidaho.edu/~krings/CS240/Notes.F13/240-13-19.pdf...

Words: 814 - Pages: 4

Managment of Information

...System database to save time in searching through the organization’s database and data warehouses. External information: some decisions require input from external sources of information. Various branches of federal government, Dow Jones, Compustat data, and the internet, to mention just a few, can provide additional information for the use with a Decision Support System. Personal information: you can incorporate your own insights and experience your personal information into your Decision Support System. You can design your Decision Support System so that you enter this personal information only as needed, or you can keep the information in a personal database that is accessible by the Decision Support System.anagment Model managment The model management component consists of both the Decision Support System models and the Decision Support System model management system. A model is a representation of some event, fact, or situation. As it is not always practical, or wise, to experiment with reality, people build models and use them for experimentation. Models can take various forms. Businesses use models to represent variables and their relationships. For example, you would use a statistical model called analysis of variance to determine whether newspaper, TV, and billboard advertizing are equally effective in increasing sales. Decision Support Systems help in various decision-making situations by utilizing models that allow you to analyze information in many......

Words: 1830 - Pages: 8

Adidas Risk Managment

...COMPANY OVERVIEW ( Adidas ) We are competitive. You have to be if you want to be successful in the long run – in any game. It is fair to say that we are playing in the sporting goods industry’s Champions League. High league, high stakes. At the Adidas Group, all of us put our entire dedication and brainpower into our mission of making the Adidas Group the global leader in the sporting goods industry. Why?Because we want to create as much value for all our stakeholders as possible. No matter whether you are an athlete, a fashionista, a (potential) employee or any other stakeholder, we strive to create value for you. Read on to find out how. RISK MANAGMENT FACTORS We acknowledge that in our daily business we are exposed to various risks and that it is necessary to take certain risks in order to be competitive and ensure sustainable success. Our risk and opportunity management principles and system provide the framework for our Group to conduct business in a well-controlled environment We define risk as the potential occurrence of an external or internal event (or series of events) that may negatively impact our ability to achieve the Group’s business objectives or financial goals. Opportunity is defined as the potential occurrence of an external or internal event (or series of events) that can positively impact the Group’s ability to achieve its business objectives or financial goals. We have summarized risks in four main categories: Strategic,......

Words: 566 - Pages: 3

Managment

...Mission, Vision, Values, & Managment In today's post-recession workforce, gaining employment is so difficult that once hired, life has new meaning. The mission, vision, and values may mean different things to managers. With a closer look into an organization, from the newest employees up to the experienced senior management, it is found that many of the staff members do not have knowledge enough to recall the mission and vision statement. The military is used as an example, setting the standard for other public and private entities. In this case, let's examine a human resources unit in the United States Air Force. The Air Force Civilian Services mission and vision statement aim to "provide elite administrative, operation and technical support for the Air Force vision; Global vigilance, reach, and power" ('Our Mission & Vision', 2016). The mission and vision statement must work together to meet the organizational goals. In examining the core competencies, one must consider the true definition and rationale. Also, the Air Force has a set of strategic goals that determine the long-range direction of the organization. The attitudes, behaviors and goals of each Air Force civilian in the group are meant to demonstrate alignment with the vision, mission, values, and competencies. For a company to manifest values and a culture that leads to success, these vital mantras must be reiterated, exercised, memorized, and done by all employees. Mission Statment There is a......

Words: 1493 - Pages: 6

Operations Managment - Kudler Fine Foods

...Chain Overview -. (2009). Retrieved January 22, 2012, from Kudler Fine Foods: http://ecampus.phoenix.edu/secure/aapd/cist/vop/Business/Kudler2/intranet/op/supplyChainOverview.htm Kudler Fine Foods - Intranet- Operations: Supply Chain Overview. (2009). Retrieved January 20, 2012, from Kudler Fine Foods: http://ecampus.phoenix.edu/secure/aapd/cist/vop/Business/Kudler2/intranet/op/supplyChainOverview.htm Forecasting. (2012, January 11). Retrieved January 20, 2012, from Wikipedia: http://en.wikipedia.org/wiki/Forecasting Chase, Jacobs, Aquilano. (2005). Process Selection and Design. In Operations Managment for Competitive Advantage. The McGraw-Hill Companies. Chase, Jacobs, Aquilano. (2005). Process Selection and Design. In J. A. Chase, Operations Managment for Competitive Advantage. New York: McGraw Hill. Gomez-Meija, B. (2002). Operations Management. In B. Gomez-Meija, Managment. McGraw Hill. Gomez-Mejia, B. (2002). Operations Management. In Management. McGraw Hill....

Words: 1349 - Pages: 6