Team B Final Project

In: Business and Management

Submitted By axeman31
Words 395
Pages 2
Companies for a long time have strived to be successful and going global is the ultimate business goal of any large company. Because there are other countries selling similar products and services global competition is no secret. Wal-Mart is one of those companies that went global and did it quickly. They became the largest retail stores in the world which now employs a whopping 2.1 million people global wide. In order to go global, Wal-Mart had to make choices on how they wanted to go about it and be successful. Wal-Mart had to look at several things such as culture, job wages, property, management, etc. Because they knew that doing business in other countries would bring change in the company they had to cater to that area and its population to make max sales. Wal-Mart went hug quickly in the global industry which made other retailers struggle to catch up and stay competitive. Most of Wal-Mart’s products are now made overseas which keeps their costs down and labor costs low.
One of the global issues that Wal-Mart has had to do concerning their competition is always looking for cheaper prices on products and goods. By doing this it affects poverty stricken countries in a good way by providing jobs for them. It is hard to say that there is global competition for Wal-Mart because Wal-Mart dominates most of the world and it might be said that global competition is effected by Wal-Mart.
Right now Wal-Mart employs a staggering 1% (1.4 Million) of all working people in the United States. Seeing this kind of impact in the Unites States shows how Wal-Mart’s management handles labor demand, supply, relations, unions, and rules and regulations. Everything has to be perfect from the top down to achieve this kind of impact in the United States. Wal-Mart’s sales last year exceeded 400 Billion dollars just last year in which they profited 15 Billion in sales. Seeing these…...

Similar Documents

Project B

...Project Part A Exploratory Data Analysis Keller Graduate School of Management GM533: Managerial Statistics (Downers Grove, IL) Michael Knapp Table of Contents I. Introduction...pg 3 II. Individual Variables a. Location…pg 3 b. Income…pg 3 and 4 c. Size…pg 4 and 5 III. Relationships d. Size and Location…pg 5 and 6 e. Income and Location…pg 7 and 8 f. Size and Income…pg 8 and 9 This analysis is to compare the information presented by AJ DAVIS which is a department store chain, which has many credit customers and wants to find out more information about these customers. A sample of 50 credit customers is selected with data collected on five variables, I have selected 3 to compare side by side to one another and analyze the data provided. The 3 variables are LOCATION (Rural, Urban, Suburban), INCOME (in $1,000ʼs – be careful with this) and SIZE (Household Size, meaning number of people living in the household). After I cover each variable I will compare the relationship between size and location, income and location, and size and income. The first variable is location. The location refers to three categories: rural, suburban and urban. Based off of the information provided I found that 13/50 or 26% of the sample group live in a rural area, 15/50 or 30% of the sample group live in a suburban area and 22/50 or 44% live in a urban area. Tally for Discrete Variables: Location Location Count ......

Words: 1352 - Pages: 6

Final Project

...decision matrix……………………………………….…..13 Table 2. Budget breakdown………………………………………………….……13 Table 3. List of part for transmitter circuitry………………………………….…...14 Table 4. List of part for receiver circuitry…………………………………….…....15 Appendix B…………………………………………………………………………….…16 Figure 8. Transmitter schematic……………………………………………….…..16 Figure 9. Receiver schematic………………………………………………….…...17 Appendix C………………………………………………………………………….……18 Final board layout Appendix D…………………………………………………………………………..…...19 Code for ATMEGA48 in transmitter circuit Appendix E………………………………………………………………………...……...29 Code for ATTINY45 in receiver circuit Important Data Sheets…………………………………………………………………….30 1 1. BACKGROUND Biketronics Inc, a local company in Moscow Specializing in motorcycle electronics requested the help of a senior design team from the University of Idaho. Team ThumbStart has been chosen to research and design a fingerprint scanner system that can replace the traditional key ignition system that is commonly used on motorcycles. The integration of a keyless ignition system using a fingerprint scanner into existing motorcycle technologies is possible. There are many different design considerations that have been taken into account. We have proposed a design and have a working final prototype that can successfully implement the fingerprint system into a wide variety of motorcycles. This system uses fingerprint data and allows the vehicle owner to operate the motorcycle without the need of keys. The......

Words: 4867 - Pages: 20

Research Paper for Team B

...[pic] Team B Logo RESEARCH PAPER FOR TEAM B COLLABORATION IN THE WORKPLACE: ADVANTAGES AND DISADVANTAGES UNIVERSITY OF PHOENIX COM/526, SPRING 2010 DR. LA TRIC CAMPFIELD, FACILITATOR ABSTRACT The term collaboration and its concept has become a keyword in the infrastructure of corporate businesses, small businesses, higher education, and workplaces. "In today's process-driven workplace", as authored by Evan Rosen (2008), "collaboration is king". As the remnants of the in-the-box and old-school traditions are becoming more and more obselete, the out-of-the-box culture of collaboration is being born across the globe. Introduction and History of Collaboration in the Workplace An Overall View The term collaboration and its concept has become a keyword in the infrastructure of corporate businesses, small businesses, higher education, and workplaces. "In today's process-driven workplace", as authored by Evan Rosen (2008), "collaboration is king". While remaining in-the-box and old-school traditions are becoming more and more obselete, the out-of-the-box culture of collaboration is being born across the globe. According to Webster’s New Dictionary (2001), the definition of collaboration is the gathering of resources, data, and information, especially in literature. This combined collection of information and workplace activity constructs a general, specific plan or purpose which is to be executed or produced within the workplace while......

Words: 2199 - Pages: 9

Learning Team B Leadership Analysis

...Learning Team B Leadership Analysis To become a leader in the 21st century requires the tenacity to embrace change. For example, how information is transmitted, and how resources are allocated requires visionary leaders who are equipped with a broad range of talents and temperaments. According to Clawson (2006), "the more organizations are built around teams; the more old measures of performance become outdated" (p. 241). Leadership in the 21st century requires the tenacity to embrace change, and have a broad range of talents and temperaments. According to Wren (1995), “the only thing of real importance that leaders do is to create and manage culture, and the unique talents of leaders is their ability to understand and work with culture” (p. 273). In the past 100 years, researchers have studied the means, methods, and models of building and leading teams. The research on leadership models and behaviors emerged through the modernization of manufacturing and production of goods and services. Studies included the study of biographical characteristics of members, such as sex, age, education, marital status, race, religious affiliation, geographic region of birth, weight, and height are some of the data collected (Bass, 2010, p. 7). Moreover, the purpose of this essay is to give an overview of the team’s online assessment scores and how each team member’s leadership style translates into specific leadership behaviors and practices. In addition to the......

Words: 3419 - Pages: 14

Project B

...COURSE PROJECT A INSTRUCTIONS You have just been hired as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets located in shopping malls across the country. In the past, the company has done very little in the way of budgeting and at certain times of the year has experienced a shortage of cash. Since you are well trained in budgeting, you have decided to prepare comprehensive budgets for the upcoming second quarter in order to show management the benefits that can be gained from an integrated budgeting program. To this end, you have worked with accounting and other areas to gather the information assembled below. The company sells many styles of earrings, but all are sold for the same price—$10 per pair. Actual sales of earrings for the last three months and budgeted sales for the next six months follow (in pairs of earrings): The concentration of sales before and during May is due to Mother's Day. Sufficient inventory should be on hand at the end of each month to supply 40% of the earrings sold in the following month. Suppliers are paid $4 for a pair of earrings. One-half of a month's purchases is paid for in the month of purchase; the other half is paid for in the following month. All sales are on credit, with no discount, and payable within 15 days. The company has found, however, that only 20% of a month's sales are collected in the month of sale. An additional 70% is collected in the following month, and the......

Words: 609 - Pages: 3

Team Project

...Ecommerce Team Project: This class provides the theoretical foundations necessary for understanding Ecommerce, how it is being conducted and managed, and what the major opportunities, limitations, issues and risks are in terms of assessing opportunities in the marketplace and managing everyday commerce. In order for the marketing student to grasp the complexities of these issues in the real business world, each student will be assigned to a special project group that will design and create an integrated Ecommerce business plan for a newly developed online company. Each team will be assigned a specific type of online business model.  Project Concept: Each special project group will function as a marketing design team that will meet on several occasions to determine project requirements. Each group will be responsible for creating the appropriate Ecommerce business model, as part of the integrated Ecommerce marketing plan. Strategic market planning is a process directed towards making decisions with tomorrow in mind. As such, strategic market planning is a means of preparing for future decisions so that a firm can rapidly and economically, start and move forward with as little disruption to the business as possible. Proper strategic market planning can provide considerable benefits to start up firms, especially those firms requiring substantial financial backing or are involved in highly turbulent or changing environments online.  Proper strategic market planning can act as......

Words: 1813 - Pages: 8

Project B

...6Capital Budgeting Decision These instructions can also be downloaded from DocSharing!! Due by Tuesday of week 8, midnight, Mountain Time Here is Part B: Clark Paints: The production department has been investigating possible ways to trim total production costs. One possibility currently being examined is to make the paint cans instead of purchasing them. The equipment needed would cost $200,000 with a disposal value of $40,000 and would be able to produce 5,500,000 cans over the life of the machinery. The production department estimates that approximately 1,100,000 cans would be needed for each of the next five years. The company would hire three new employees. These three individuals would be full-time employees working 2,000 hours per year and earning $12.00 per hour. They would also receive the same benefits as other production employees, 18% of wages in addition to $2,500 of health benefits. It is estimated that the raw materials will cost 25¢ per can and that other variable costs would be 5¢ per can. Since there is currently unused space in the factory, no additional fixed costs would be incurred if this proposal is accepted. It is expected that cans would cost 45¢ per can if purchased from the current supplier. The company's minimum rate of return (hurdle rate) has been determined to be 12% for all new projects, and the current tax rate of 35% is anticipated to remain unchanged. The pricing for a gallon of paint as well as number of units sold will not be......

Words: 346 - Pages: 2

Cis 207 Week 5 Learning Team Final Project Presentation

...In this pack of CIS 207 Week 2 Learning Team New System Proposal you will find the next information: Work on your proposal for the new system. Identify a specific system that would help improve Riordan Computer Science - General CS Learning Team New System Proposal The following is due at the end of Week 5: Propose a new system for Riordan to use to improve its business. Develop a 3,500- to 4,200-word paper and a Microsoft® PowerPoint® slide presentation of the project, due in Week Five. The paper must include the following: ·  A full description of the new system, a description of its components, and the benefit it will provide to Riordan ·  A discussion of the business requirements driving the need for the system ·  A discussion of the information used in the system ·  A discussion of any information security and ethical concerns with the system ·  A diagram of the information flow and any elements controlling proper access to the information it uses ·  A description of any proposed business process changes for the system along with flow diagrams ·  A specific discussion on any Internet and mobile access components of the system ·  A description of how specific business requirement would drive the project’s creation and use ·  A high-level discussion of how the system will be acquired and maintained ·  A discussion of the strategic role the system will play in the......

Words: 358 - Pages: 2

C & B Team Memo

...collapse of billions of dollars worth of mortgage-backed securities has left the sales force of C & B with a huge task of helping customers minimize their losses on their bond portfolios. The industry has also undergone dramatic changes prior to the meltdown in 2007. There has been a dramatic increase in new competitors and products and many segments of the fixed income brokerage industry has seen margins narrow drastically due to the entrance of low-service, low-priced brokers. This resulted in sales commissions at brokerage firms being flattened out even though assets under management client companies grew rapidly as the baby-boomers began to save. One exception of these would be a few fast-growing, high-margin segments. These newer products, such as futures and options, sold at higher margins but also required considerably more expertise to market and sell. Customers themselves were becoming more specialized, as portfolio managers relied increasingly on the advice of in-house analysts. Bond salespeople were also difficult to recruit since the successful ones were outgoing, extremely self-motivated, and street smart. These salespeople invested years in building up key customer relationships, and they nurtured those relationships through social interaction outside of the traditional work environment. 3. What were the strengths and weaknesses of the C & B brokerage division prior to the changes described in the case? 1. In the light of......

Words: 560 - Pages: 3

Project B

... These three individuals would be full-time employees working 2,300 hours per year and earning $8.50 per hour. They would also receive the same benefits as other production employees, 18% of wages in addition to $1,500 of health benefits. It is estimated that the raw materials will cost 20¢ per can and that other variable costs would be 10¢ per can. Since there is currently unused space in the factory, no additional fixed costs would be incurred if this proposal is accepted. It is expected that cans would cost 50¢ per can if purchased from the current supplier. The company's minimum rate of return (hurdle rate) has been determined to be 10% for all new projects, and the current tax rate of 35% is anticipated to remain unchanged. The pricing for a gallon of paint as well as number of units sold will not be affected by this decision. The unit-of-production depreciation method would be used if the new equipment is purchased. * Based on the above information and using Excel, calculate the following items for this proposed equipment purchase: 1. Annual cash flows over the expected life of the equipment 2. Payback period 3. Annual rate of return 4. Net present value 5. Internal rate of return * Would you recommend......

Words: 304 - Pages: 2

Learning Team B

...Management improvement proposal Learning Team B Res/351 University of Phoenix 8/24/15 Introduction Management improvement can be done in various ways, but it comes down to how to approach the issue regarding management improvement. Does the management of the company have a certain structure or is it ran by own person, so on and so forth. These are the questions that needed to be asked in regards to the issue, why the management needs to be improved. What is the underlying problem, is there someone embezzling money from the company or causing other issues. What is the sole reason that requires the management to be redone? After answer these questions moving farther into the subject of the improvement of the way a company is managed the research into the various ways should be done. If it is structured, how would you improve the structure of the company management to make it more cost effective and giving better results in efficiency? Describe the selected issue, opportunity, or problem facing the organization Knowledge management is somewhat new to business although the government has been using it for years with the classification of information. In Business knowledge management has many definitions but it is usually defined from two main perspectives; process perspective and outcome perspective. A process perspective definition considers knowledge management as the process of controlling the creation, dissemination, and utilization of knowledge much......

Words: 526 - Pages: 3

Dbm/380 Learning Team Week Final Project

...Learning Team Week Final Project DBM/380 Learning Team Week Final Project The Huffman Trucking Company started in Cleveland, Ohio in 1936. The company is privately owned, and began as a single tractor-trailer company. This company is growing is size and acquiring rapid business growth. At present time, the company owns 800 road tractors, 2,100 45' trailers, and 260 “roll A on/roll-off" units. The Huffman Trucking provides logistics services to U.S. Government as well as to the private companies. (Huffman Trucking, 2012). Learning team D’s project is to develop database design documentation for Huffman Trucking for their fleet truck maintenance. Huffman trucking interviewed members of their staff from different departments and proposed entities and attributes for their database. Entities proposed are numerous: Parts Inventory Purchases, Parts Inventory Issues, Parts Catalogue, Vendors, Parts Purchasing History, Vehicle Maintenance, Tire Maintenance, Maintenance Descriptions, Vehicle Types, Vehicles, and Maintenance Work Order. (Apollo Group, 2007). The expected end result from Huffman trucking is documentation showing entity relationship diagrams with referential integrity, data entry forms, SQL table join query code with results, and a normalized database that observes the business rules proposed by Huffman Trucking. Stages of Development In the first stage of development, we took the list of entities and their attributes proposed by our client and acquainted......

Words: 2177 - Pages: 9

Mission Project B

...Math-144 December 8, 2015 Professor Mission Project B On This mission trip we are heading to Viedma Argentina. There will be 10 people going including myself and we will stay for a total of 4 weeks. The purpose of our mission trip is to bring supplies to the poor people of this country. The reason I chose Argentina is because of its economic issues in regards to there being so many people living in poverty (Reed, D. 2014). The supplies we will be bringing will be all donated items from churches and from different companies. This includes clothes, food, toys, pampers, toiletries, school supplies, household items (pots, dishes etc), and linens. These supplies will be sent over ahead of time eliminating us having to bring it ourselves. I will break down the total amount of expenses needed to cover this trip to make sure we are on budget and covered in every aspect. A flight to Viedma Argentina costs $3,185.60 per person round trip from May 16th until June 13th, I found this price on the Priceline website. For ten people this will cost $31,856. The flight will take 25 hours and 19 minutes from Savannah, Ga to Viedma because there will be 3 different layover stops. For our lodging instead of booking a hotel I chose to find a vacation rental because hotels don’t have kitchens in the rooms and room service will eventually be more costly. The home, Casa balneario el condor Viedma costs $130 per night instead of per person, per night at the hotels. For the duration of 27 nights......

Words: 1714 - Pages: 7

Final Project

...IT 510 Final Project Guidelines and Rubric Overview The final project for this course is the creation of a System Proposal Document. In any modern enterprise, it is crucial that all of the different stakeholders, users, inputs, and outputs that relate to the business’s IT systems coalesce in a logical and cohesive way for the systems to be effective. As a member of an IT team, your overarching goal is to ensure that the IT systems ultimately do what the business needs them to do. In this course, you have learned about the key principles and practices underlying the analysis, design, implementation, and management of IT systems. In this final project, you will apply this knowledge by creating a systems proposal document. The project is divided into four milestones, which will be submitted at various points throughout the course to scaffold learning and ensure quality final submissions. These milestones will be submitted in Module Two, Module Four, Module Six, and Module Eight. The final submission will occur in Module Nine. In this assignment, you will demonstrate your mastery of the following course outcomes:     Assess the relationship of systems analysis, design, implementation, and development processes as they relate to the management of information technology systems Communicate the paradigms, processes, and activities of systems development to diverse audiences Apply structure and object oriented analysis modeling techniques to analyze, design,......

Words: 2901 - Pages: 12

Team Project

...2011  Planning & Assessing RX 330 Productions for Toyota North  America   Team Charlie Oscar Oscar Lima  AMBA 640, Section 9044  8/9/2011  Section I II III Executive summary Introduction Exercise 1: Toyota Production System (TPS) today TPS term definitions & practical examples IV Exercise 1: TPS as a total entity Advantages Limitations Evolution TPS use among other companies V Exercise 2: Grid analysis (Weighted scoring model) Exogenous factors & assumptions Endogenous factors & assumptions Constraints VI VII Exercise 2: Location recommendation Exercise 3: Decision tree analysis TMMC production capacity recommendation Limitations Past performance: RX 330/350 VIII Exercise 4: Current regional production strategy Assessment Change recommendations IX Summary Appendix A References Page 2 3 4 4 7 7 8 8 9 10 11 13 16 16 17 17 18 19 19 19 21 21 23 24 1    I. Executive Summary Toyota Motor Corporation is leading the way to future mobility through innovation, productivity, quality and efficiency. Toyota uses a self-developed strategy known as the Toyota Production System (TPS) to guide business process improvements. This strategy applies principles of “just-in-time” production, also called “lean”, to align supply closely with consumer demand while avoiding surplus inventory. The report defines eight TPS terms, i.e. jidoka, just-intime, hoshin, heijunka, muda, kaizen, standardized work, and pokayoke; and gives examples of how terms are applied in other industries...

Words: 6813 - Pages: 28