Management accounting
Due before end of December ie 30
This assignment is worth 30 marks
Sun Worship Leisure Wear manufactures swimwear and accessories for men and women. They operate out of rented premises in Burleigh Heads where the factory is split into a manufacturing and storage area and a retail space.
The business produces 4 products:
• Bikinis for women
• Board shorts for men
• Beach Towels
• Beach Bags
You, as the management accountant for the firm, have been asked to prepare a range of budgets for the 2018 year. The following information has been gathered:
Sales Bikini Board short Towel Beach Bag
January 2018 1,600 1,200 200 400
February 2018 1,400 1,100 180 300
March 2018 1,300 1,160 160 260
April 2018 1,000 1,000 120 140
May 2018 400 600 60 80
June 2018 500 700 40 40
July 2018 400 500 40 40
August 2018 200 400 40 40
September 2018 1,300 1,160 160 260
October 2018 1,200 1,100 180 300
November 2018 1,200 1,100 180 300
December 2018 1,500 1,200 200 400
January 2019 1,600 1,400 220 440
February 2019 1,400 1,200 200 400
Bikini Board short Towel Beach Bag
Selling Price $100 $75 $55 $45
Product Bikini Board short Towel Beach Bag
Direct Materials & Direct Labour per unit
Fabric $18.75 $31.25 $26.25 $25
Elastic/Trim $13.50 $3.00 $5.25 $1.5
Direct Labour (sewing time/machine hours)
1 hour 0.75 hours 0.4 hours 0.6 hours
Other Cost information: Production Related Costs Operating Costs
Direct Labour $28/hour
Indirect Labour $1/unit
Indirect Materials $2/unit
Utilities $550/month $50/month
Insurance $2,400/year $6,000/year
Factory Supervisor’s Salary $52,000/year
Administration Staff Wages $2,500/month
General Office Expenses $1,500/month
Rent $5,600/month $1,400/month
Repairs and Maintenance See below
Inventory: At the end of each month the business plans to have 50% of the following month’s sales units in stock as finished goods and 75% of the direct materials required for the next month’s production.
Cash Collections: 20% of sales are through the retail outlet at the factory. These customers pay for their purchases at the time of sale. The remainder of sales are to businesses that resell Sun Worship Leisure Wear products. Credit is extended to all business customers. It is estimated 60% of these sales are collected in the month of sale and the remaining 40% are collected in the following month.
Cash Payments: All purchases, other than the purchase of direct materials, are paid at the time the expense is incurred. It is estimated 30% of accounts payable will be paid in the month the direct materials are purchased and the remaining 70% will be paid in the following month.
The interest rate payable on the loan is 6% per annum. Interest is paid monthly. The loan is on an interest only basis and the principle can be repaid at any time.
Depreciation of plant and equipment totals $9,000 for the year. Depreciation is recorded monthly.
Repairs and maintenance related to manufacturing plant and equipment is estimated to be $2,500 each quarter payable in March, June, September, and December.
Variable manufacturing overhead is allocated based on machine hours.
Fixed manufacturing overhead is allocated based on units of production.Ignore GST and Income Tax. Round amounts other than unit costs to nearest dollar value.
The opening Balance Sheet is provided below:
Sun Worship Leisure Wear
Balance Sheet
As at 31 December 2017
Assets
Current Assets
Cash 32,250
Accounts Receivable 123,650
Finished Goods Inventory 99,150
Materials Inventory 114,375
Total Current Assets $369,425
Non-current Assets
Equipment 85,000
Less: Accumulated Depreciation ( 8,000)
Total Non-Current Assets $77,000
Total Assets $446,425
Liabilities & Shareholder Equity
Current Liabilities
Accounts Payable 92,500
Total Current Liabilities $92,500
Long-Term Liabilities
Bank Loan 175,000
Total Long-Term Liabilities $175,000
Total Liabilities $267,500
Shareholders’ Equity
Share Capital 150,000
Retained Earnings 28,925
Total Shareholder Equity $178,925
Total Liabilities & Shareholders’ Equity $446,425
Required:
1. Using Excel, prepare the following budgets for the twelve-month period from January 2018 to December 2018. The first worksheet should contain your raw data and assumptions and all future worksheets should be linked to this data. Use a different worksheet for each budget. Show all calculations and use Excel functions where possible. While you should use examples in your text as a guide, the key to using spreadsheets is that they are structured so that others can use them and follow the flow of information without difficulty.
a. Monthly Sales Revenue and Cash Collection Budget
b. Production Budget in Units
c. Direct Materials and Cash Purchases Budget
d. Direct Labour Budget
e. Manufacturing Overhead Budget (break into variable and fixed components)
f. Monthly Operating Cost Budget
g. Ending Inventory budget for Finished Goods
h. Cost of Sales Budget
i. Budgeted Income Statement for the year ended 31 December 2018
j. Monthly Cash Budget
Your budget spreadsheet must be submitted in Excel Format (not as an appendix in your WORD document).
2. Write a report (Maximum 1,500 words) for your manager to present to the upcoming Board meeting. The report should include:
• an overview of the expected results for the 2018 year;
• an analysis of the Contribution Margin for each product and recommendations regarding the products Sun Worship Leisure Wear manufacture and sell;
• recommendations regarding the cash position of the business; and
• an analysis of current market conditions and future predictions that you believe should be considered when the 2019 budget is prepared. You should use broader industry data and trends from sources such as IBISWorld and the Australian Bureau of Statistics to support your recommendations.
• Use visual aids such as tables and graphs to enhance your report presentation.
The report should be submitted as a WORD (not PDF) document.
Please use the templates provided to prepare the:
(1) Budget schedules (excel); and
(2) Board Report (word)
Assessment Criteria Poor Unsatisfactory Satisfactory Good Excellent
Spreadsheet layout and presentation (2.5 Marks)
Spreadsheet Layout including Raw Assumptions & Data, appropriate tabs correctly named for each section of the budget and use of Excel tools in spreadsheet.
Insufficient data. Spreadsheet has not been separated into worksheets. Inappropriate layout.
Poor use of Excel tools.
0 Marks Use of Worksheets but layout is difficult to follow. Worksheets have not been named.
Limited use of Excel tools.
Inconsistencies throughout.
1 Mark Use of appropriately named Worksheets. Reasonable use of Excel tools but application is inconsistent.
Reasonable layout.
1.5 Marks Use of appropriately named Worksheets.
Consistent use of Excel tools.
Layout appropriate but lacks consistency in some areas.
2 Marks Use of appropriately named Worksheets. Very good use of a range of Excel tools. All worksheets are linked resulting in a consistent flow of data between worksheets.
2.5 Marks
Preparation of Budgets (12.5 Marks)
For each Budget:
Appropriate layout (monthly) broken into product categories; Clear Headings; Accurate calculations for monthly totals and annual totals. Budgets are mostly inaccurate and incomplete. An understanding of the application of the course content in a business context has not been demonstrated.
0-2.5 Marks Some Budgets are accurate but there are inconsistencies in the data or basic calculations are incorrect. Assignment instructions have not been followed and key items have been left out.
3-6 Marks Most budgets are accurate but there are inconsistencies in the data or basic calculations. Key items have been included and a reasonable understanding of the application of course content has been demonstrated.
6.5-9 Marks All budgets have been prepared and are mostly accurate – minor errors arising from careless mistakes and lack of attention to detail. A very good understanding of the application of course content has been demonstrated.
9.5-10.5 Marks All budgets have been accurately prepared. An excellent understanding of course content has been demonstrated and executed.
11-12.5 Marks
Report for the Board (15 Marks)
The report must be professionally presented and cover all issues raised in the assignment instructions. A business report format must be used along with visual aids such as tables and graphs. Presentation is unprofessional with numerous spelling and grammatical errors and it does not cover the key requirements set out in the assignment instructions.
Inadequate analysis.
Not presented in the format of a business report.
Very limited use of visual aids.
0-3.25 Marks Presentation is reasonable but the key issues have not been adequately addressed. Spelling and grammatical errors make the report unpresentable requiring the report to be rewritten before it could be presented. Opinions expressed lack insight, are unsupported (inadequate referencing) or referenced external sources lack relevance. Not all aspects of a business report format have been utilised. Limited use of visual aids.
3.5-7 Marks Presentation is reasonable and the key issues have been addressed but more insight into the business could be demonstrated. Opinions expressed are unsupported (inadequate referencing) or referenced external sources lack relevance. Some minor spelling and grammatical errors. Most components of a business report format have been incorporated. Reasonable use of visual aids.
7.5-11 Marks Good, well written presentation and all issues have been covered. Demonstrates a solid insight into the business and recommendations are appropriate. Relevant external sources (at least 2) have been used to support recommendations and these have been appropriately referenced. All components of a business report format have been incorporated. Good use of visual aids.
11.25-12.75Marks Excellent presentation with no spelling or grammatical errors.
Demonstrates excellent insight into the business operations and external issues that may affect the business.
Extensive use of relevant external resources to support recommendations. Appropriate referencing. All components of a business report format have been incorporated. Excellent use of visual aids.
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briefly articulate the facts of the case being heard by the court and the arguments of the various parties.
/in Uncategorized /by JosephBUSI 301 Business law Court Observation paper needed “Watch
BUSI 301 Business law Court Observation paper needed “Watch the presentation from the 2008 1L Moot Court Tournament at the Liberty University School of Law found in the Reading & Study folder of Module/Week 5. Then, write a 57-page review of your observation of this courtroom scene. In your review, you should briefly articulate the facts of the case being heard by the court and the arguments of the various parties. Then, you should answer the following questions in your paper: 1. Did you agree with the defendants (Patrick Gibbs and OMalleys Tavern) or the plaintiff (Mrs. White)? Why? 2. How does the biblical worldview bear on the answer to the question(s) before the court? 3. According to the biblical worldview, do you think this is a good method for resolving disputes? Why or why not? If not, what method would you propose in its place and why? Instructions* CASE DETAILS This series of videos shows oral argument in the case of White v. Gibbs in which Mrs. Debbie White has sued Patrick Gibbs and OMalleys Tavern under the civil provisions of Indianas Dram Shop Act, Indiana Code 7.1-5-10-15.5. Because the parties reside in two different states, the suit was brought in diversity in the United States District Court for the Northern District of Indiana, but will be decided under Indiana state law. The defendants have made a motion for summary judgment, seeking judgment as a matter of law in their favor. Mrs. White has responded that summary judgment should not be granted, and that the case should go to trial. Because the argument is being heard on the defendants motion, the defendants counsel argues first. The lawsuit arose from an incident when Mrs. White and her husband, Bruno, were having dinner at OMalleys Tavern. Mr. Edward Hard, another patron at the tavern that evening and a former paramour of Mrs. White, had a large amount to drink. When Mrs. White and her husband left the tavern, Mr. Hard stumbled out behind them, got in his van, chased the Whites car out of the parking lot, and, within approximately half a mile, drove into the side of the Whites car, killing Mr. White and injuring Mrs. White. You will hear additional facts as they are argued on the various points of law. Under Indiana law, in order for Mrs. White to recover damages from the defendants, she must prove: – The tavern (through Mr. Gibbs, the bartender) had actual knowledge that Mr. Hard was visibly intoxicated when serving Mr. Hard his final drink. – The tavern serving Mr. Hard was the proximate cause of the crash and Mr. Whites death. This chain of causation can be broken (interrupted) by a criminal act on the part of Mr. Hard. In a real-life trial court, this type of argument would be presented to one trial court judge. Here, a panel of judges hears the case as it was argued in a competition. As such, this is the type of panel argument you might see for such a case on appeal. For those of you who might be thinking about law school, these were students in the spring semester of their first year, and were the top contenders in their first-year tournament. 1. Did you agree with the defendants (Patrick Gibbs and OMalleys Tavern) or the plaintiff (Mrs. White)? Why? 2. How does the biblical worldview bear on the answer to the question(s) before the court? 3. According to the biblical worldview, do you think this is a good method for resolving disputes? Why or why not? If not, what method would you propose in its place and why? “
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Explain what you learned from developing your communication ethic credo.
/in Uncategorized /by Josephbusiness
Order Description
Individuals must develop and evoke a communication ethic. For this assignment write a paper in which you prepare a list of ground rules for communicating in an ethical manner that form a credo. Include a minimum of 5 ground rules in your paper. The credo you develop should apply across multiple contexts to maximize relationships. Explain what you learned from developing your communication ethic credo.
Length: 5-7 pages not including the title and reference pages.
References: Minimum of five scholarly resources.
Your paper should demonstrate thoughtful consideration of the ideas and concepts that are presented and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.
Be sure to adhere to Northcentral Universitys Academic Integrity Policy. Review NCUs Academic Integrity Tutorial to refresh your knowledge of how to achieve academic integrity.
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Discuss the biblical concept of “forgiveness” in relationships.
/in Uncategorized /by JosephEssay Instructions
Using the essay topics provided below, you will write two 5-page papers (1 topic per paper). that deal directly with the issue you have selected. You may develop the topic in any way you wish. You may use any materials presented as part of the course content to back up your opinions. The remaining essay topics should be used as a study guide for the final exam.
Please use MLA style for your Works Cited section and all formatting within your paper.
Topic Choices
Elaborate on the four Gs of peacemaking as identified by Sande. Use the following references for support: I Cor. 10:32, Matt. 7:5, Gal. 6:1, Matt. 5:24, Eph. 4:1–4, Eph. 4:29–32, Phil. 4:5–10, Col. 4:5–6.
Using all class texts and lecture notes, define conflict. Your answer should be exhaustive and identify characteristics from several definitions. In addition, discuss at least three metaphors of conflict that help to explain how people may view conflict. Why are so many words and metaphors negative when they define conflict?
Sande claims that conflict situations may be an opportunity to “Glorify God.” Explain the validity of his argument and give 1 illustration of how you have applied this principle this semester. What were the positive outcomes?
Sande suggests that it is the Christian’s responsibility to live in peace. Develop and evaluate his argument. Use Scripture and Christian ethics/morality to support this premise. What are some of the lifestyle methods Christians can use to carry out this command of Christ?
Discuss the biblical concept of “forgiveness” in relationships. Support the concept from Scripture and any of the articles from your Helmick text. What are the foundational characteristics and behaviors necessary to practicing forgiveness in interpersonal relationships? Why is forgiveness so hard to practice? To what degree is forgiveness necessary for reconciliation?
Discuss Cahn & Abigail’s categorization of “real” and “unreal” conflicts. Define and give examples of each type.
Explain the basic characteristics of the following positive and negative models for conflict resolution: What are the strengths and weaknesses of each model:
Positive
Borishoff
Mediation
Arbitration
S-TLC
Weeks
Dana
Negative
Conquest
Bargaining
Band-aid
Role-player
Avoidance
Discuss the Conflict Grid. What kind of person is a 9/1, 1/9, 5/5, 9/9, 1/1? When is it appropriate to use each of the styles? What style is most recommended for effective conflict resolution?
Discuss the 4 communication behavior styles for handling conflict: Aggressive, Passive-aggressive, Non-assertive, and Assertive. What are the advantages and disadvantages? When would you want to use each? When would you not want to use each? What are the criteria for selecting the type of communication behavior style to use?
Discuss the characteristics of the following conflict strategies. What are the pros and cons of each? When should you use or not use them?
Avoidance
Accommodation
Competition
Compromise
Collaboration.
Discuss the roles you believe religion plays in conflict management and resolution on the international scene. Support your response from essays from Helmick & Petersen.
Discuss the 6 steps to confronting others presented in Cahn & Abigail 6.
Discuss the following communication strategies as they related to handling conflict in a positive way:
“I” statements – Sande, Cahn & Abigail, Borisoff & Victor
speaking the truth in love.
Minimax principle
concession
threats
thromise
compensation
logrolling
bridging
BATNA
Consider commonalities
tag lines
forgiveness
empathy
selfishness/selflessness
aspiration points
win/win vs. win/lose
power
equality
language use
trust vs. distrust
stress
anger
reconciliation
climates
defensive communication
supportive communication
disconfirming response
provisionalism
Discuss the pros and cons of negotiation as a method of conflict resolution.
Explain conflict from the Social/Psychological perspective. What are its causes and effects? Evaluate the theory strengths and weaknesses as you see them:
Social/Psychological perspective.
Attribution Theory Perspective
Uncertainty Conflict perspective
Social Exchange Theory perspective
Systems Theory perspective
Discuss the Process View of Conflict and identify the five stages or phases of constructive, successful conflict. Be able to apply the five stages to a specific conflict situation you have recently experienced. Explain the steps in avoidance, chilling effect, and competition conflict cycles.
Explain Botcharova’s seven steps toward forgiveness and how the steps work toward solving the continuation of the revenge cycle when implemented. From what you know of Christian teaching on forgiveness, is there anything that should be added to the model?
What is forgiveness and why is it important? What impact will the action of forgiveness or non-forgiveness have in your personal future life and ministry? What are some things you can do to promote forgiveness in conflict situations? Be sure to reflect on several essays from Helmick.
Discuss what you perceive to be the relationship between unforgiveness, forgiveness, reconciliation, and justice. Use various essays from Helmick & Petersen and Chapter 13 of Cahn & Abigail to support your ideas. What are the essentials and what are the non-essentials?
On the basis of your personal Interaction Paper 1 Rubric of weak areas of conflict management, what are some of the areas you will target and the methods you will use to establish goals for personal improvement? Please use skills discussed from Borisoff and Victor to identify areas for improvement and methods for developing goals
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prepare the following budgets for the twelve-month period from January 2018 to December 2018
/in Uncategorized /by JosephManagement accounting Due before end of December ie 30
Home » Management accounting Due before end of December ie 30
Management accounting
Due before end of December ie 30
This assignment is worth 30 marks
Sun Worship Leisure Wear manufactures swimwear and accessories for men and women. They operate out of rented premises in Burleigh Heads where the factory is split into a manufacturing and storage area and a retail space.
The business produces 4 products:
• Bikinis for women
• Board shorts for men
• Beach Towels
• Beach Bags
You, as the management accountant for the firm, have been asked to prepare a range of budgets for the 2018 year. The following information has been gathered:
Sales Bikini Board short Towel Beach Bag
January 2018 1,600 1,200 200 400
February 2018 1,400 1,100 180 300
March 2018 1,300 1,160 160 260
April 2018 1,000 1,000 120 140
May 2018 400 600 60 80
June 2018 500 700 40 40
July 2018 400 500 40 40
August 2018 200 400 40 40
September 2018 1,300 1,160 160 260
October 2018 1,200 1,100 180 300
November 2018 1,200 1,100 180 300
December 2018 1,500 1,200 200 400
January 2019 1,600 1,400 220 440
February 2019 1,400 1,200 200 400
Bikini Board short Towel Beach Bag
Selling Price $100 $75 $55 $45
Product Bikini Board short Towel Beach Bag
Direct Materials & Direct Labour per unit
Fabric $18.75 $31.25 $26.25 $25
Elastic/Trim $13.50 $3.00 $5.25 $1.5
Direct Labour (sewing time/machine hours)
1 hour 0.75 hours 0.4 hours 0.6 hours
Other Cost information: Production Related Costs Operating Costs
Direct Labour $28/hour
Indirect Labour $1/unit
Indirect Materials $2/unit
Utilities $550/month $50/month
Insurance $2,400/year $6,000/year
Factory Supervisor’s Salary $52,000/year
Administration Staff Wages $2,500/month
General Office Expenses $1,500/month
Rent $5,600/month $1,400/month
Repairs and Maintenance See below
Inventory: At the end of each month the business plans to have 50% of the following month’s sales units in stock as finished goods and 75% of the direct materials required for the next month’s production.
Cash Collections: 20% of sales are through the retail outlet at the factory. These customers pay for their purchases at the time of sale. The remainder of sales are to businesses that resell Sun Worship Leisure Wear products. Credit is extended to all business customers. It is estimated 60% of these sales are collected in the month of sale and the remaining 40% are collected in the following month.
Cash Payments: All purchases, other than the purchase of direct materials, are paid at the time the expense is incurred. It is estimated 30% of accounts payable will be paid in the month the direct materials are purchased and the remaining 70% will be paid in the following month.
The interest rate payable on the loan is 6% per annum. Interest is paid monthly. The loan is on an interest only basis and the principle can be repaid at any time.
Depreciation of plant and equipment totals $9,000 for the year. Depreciation is recorded monthly.
Repairs and maintenance related to manufacturing plant and equipment is estimated to be $2,500 each quarter payable in March, June, September, and December.
Variable manufacturing overhead is allocated based on machine hours.
Fixed manufacturing overhead is allocated based on units of production.Ignore GST and Income Tax. Round amounts other than unit costs to nearest dollar value.
The opening Balance Sheet is provided below:
Sun Worship Leisure Wear
Balance Sheet
As at 31 December 2017
Assets
Current Assets
Cash 32,250
Accounts Receivable 123,650
Finished Goods Inventory 99,150
Materials Inventory 114,375
Total Current Assets $369,425
Non-current Assets
Equipment 85,000
Less: Accumulated Depreciation ( 8,000)
Total Non-Current Assets $77,000
Total Assets $446,425
Liabilities & Shareholder Equity
Current Liabilities
Accounts Payable 92,500
Total Current Liabilities $92,500
Long-Term Liabilities
Bank Loan 175,000
Total Long-Term Liabilities $175,000
Total Liabilities $267,500
Shareholders’ Equity
Share Capital 150,000
Retained Earnings 28,925
Total Shareholder Equity $178,925
Total Liabilities & Shareholders’ Equity $446,425
Required:
1. Using Excel, prepare the following budgets for the twelve-month period from January 2018 to December 2018. The first worksheet should contain your raw data and assumptions and all future worksheets should be linked to this data. Use a different worksheet for each budget. Show all calculations and use Excel functions where possible. While you should use examples in your text as a guide, the key to using spreadsheets is that they are structured so that others can use them and follow the flow of information without difficulty.
a. Monthly Sales Revenue and Cash Collection Budget
b. Production Budget in Units
c. Direct Materials and Cash Purchases Budget
d. Direct Labour Budget
e. Manufacturing Overhead Budget (break into variable and fixed components)
f. Monthly Operating Cost Budget
g. Ending Inventory budget for Finished Goods
h. Cost of Sales Budget
i. Budgeted Income Statement for the year ended 31 December 2018
j. Monthly Cash Budget
Your budget spreadsheet must be submitted in Excel Format (not as an appendix in your WORD document).
2. Write a report (Maximum 1,500 words) for your manager to present to the upcoming Board meeting. The report should include:
• an overview of the expected results for the 2018 year;
• an analysis of the Contribution Margin for each product and recommendations regarding the products Sun Worship Leisure Wear manufacture and sell;
• recommendations regarding the cash position of the business; and
• an analysis of current market conditions and future predictions that you believe should be considered when the 2019 budget is prepared. You should use broader industry data and trends from sources such as IBISWorld and the Australian Bureau of Statistics to support your recommendations.
• Use visual aids such as tables and graphs to enhance your report presentation.
The report should be submitted as a WORD (not PDF) document.
Please use the templates provided to prepare the:
(1) Budget schedules (excel); and
(2) Board Report (word)
Assessment Criteria Poor Unsatisfactory Satisfactory Good Excellent
Spreadsheet layout and presentation (2.5 Marks)
Spreadsheet Layout including Raw Assumptions & Data, appropriate tabs correctly named for each section of the budget and use of Excel tools in spreadsheet.
Insufficient data. Spreadsheet has not been separated into worksheets. Inappropriate layout.
Poor use of Excel tools.
0 Marks Use of Worksheets but layout is difficult to follow. Worksheets have not been named.
Limited use of Excel tools.
Inconsistencies throughout.
1 Mark Use of appropriately named Worksheets. Reasonable use of Excel tools but application is inconsistent.
Reasonable layout.
1.5 Marks Use of appropriately named Worksheets.
Consistent use of Excel tools.
Layout appropriate but lacks consistency in some areas.
2 Marks Use of appropriately named Worksheets. Very good use of a range of Excel tools. All worksheets are linked resulting in a consistent flow of data between worksheets.
2.5 Marks
Preparation of Budgets (12.5 Marks)
For each Budget:
Appropriate layout (monthly) broken into product categories; Clear Headings; Accurate calculations for monthly totals and annual totals. Budgets are mostly inaccurate and incomplete. An understanding of the application of the course content in a business context has not been demonstrated.
0-2.5 Marks Some Budgets are accurate but there are inconsistencies in the data or basic calculations are incorrect. Assignment instructions have not been followed and key items have been left out.
3-6 Marks Most budgets are accurate but there are inconsistencies in the data or basic calculations. Key items have been included and a reasonable understanding of the application of course content has been demonstrated.
6.5-9 Marks All budgets have been prepared and are mostly accurate – minor errors arising from careless mistakes and lack of attention to detail. A very good understanding of the application of course content has been demonstrated.
9.5-10.5 Marks All budgets have been accurately prepared. An excellent understanding of course content has been demonstrated and executed.
11-12.5 Marks
Report for the Board (15 Marks)
The report must be professionally presented and cover all issues raised in the assignment instructions. A business report format must be used along with visual aids such as tables and graphs. Presentation is unprofessional with numerous spelling and grammatical errors and it does not cover the key requirements set out in the assignment instructions.
Inadequate analysis.
Not presented in the format of a business report.
Very limited use of visual aids.
0-3.25 Marks Presentation is reasonable but the key issues have not been adequately addressed. Spelling and grammatical errors make the report unpresentable requiring the report to be rewritten before it could be presented. Opinions expressed lack insight, are unsupported (inadequate referencing) or referenced external sources lack relevance. Not all aspects of a business report format have been utilised. Limited use of visual aids.
3.5-7 Marks Presentation is reasonable and the key issues have been addressed but more insight into the business could be demonstrated. Opinions expressed are unsupported (inadequate referencing) or referenced external sources lack relevance. Some minor spelling and grammatical errors. Most components of a business report format have been incorporated. Reasonable use of visual aids.
7.5-11 Marks Good, well written presentation and all issues have been covered. Demonstrates a solid insight into the business and recommendations are appropriate. Relevant external sources (at least 2) have been used to support recommendations and these have been appropriately referenced. All components of a business report format have been incorporated. Good use of visual aids.
11.25-12.75Marks Excellent presentation with no spelling or grammatical errors.
Demonstrates excellent insight into the business operations and external issues that may affect the business.
Extensive use of relevant external resources to support recommendations. Appropriate referencing. All components of a business report format have been incorporated. Excellent use of visual aids.
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.Explain what a Bernoulli processis.
/in Uncategorized /by JosephPlease answer questions in a short essay format:
6 pages total.
1. In your own words, explain the need for summarizing data into a histogram.
2. Explain the need for a measure of spread.
3. Define and describestandard deviation.
4. Explain why Tchebycheff’s Theorem is useful in reducing a large data set to a few meaningful
numbers,
5. Explain the difference between the relative frequency viewpoint of probability and subject
probability.
6. Explain the dangers of assessing subjective probabilities.
7. Explain the meaning ofexpected valueand give an example.
8. Explain the meaning of statistical independence.
9.Explain, using logic only, the difference between situations that are statistically independent and
dependent. .
10.Explain whyitis dangerous to revise probability estimates on intuition alone.
11. Explain what a random variable is.
12.Explain the difference between a probability model, a probability distribution and a probability
histogram.
13.Explain what a Bernoulli processis.
14. Explain the difference between the binomial and normal models.
15. Explain the difference between inductive and deductive inferences.
16. Explain why it is necessary to resort to confidence levels to estimate unknown population
parameters.
17. Explain the problems you would have in constructing confidence intervals if the central limit theorem did not exist.
18. Explain what type 1 and type 2 errors are.
19. Differentiate between two types of regression studies – experimental and survey.
20. Explain what a deviation is.
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Conduct research into the Australian Tourism Accreditation Program (ATAP) and provide a brief explanation of the purpose of the program and accreditation criteria. List three businesses in NSW(Australia) that hold ATAP accreditation.
/in Uncategorized /by JosephCustomer satisfaction surveys can be used to monitor, measure, and evaluate customer satisfaction. What methods can be used to survey customers? What are the components of an effective survey? How should the data received be used by the organisation?
2) Conduct research into the Australian Tourism Accreditation Program (ATAP) and provide a brief explanation of the purpose of the program and accreditation criteria. List three businesses in NSW(Australia) that hold ATAP accreditation.
3) Identify current service trends and changes affecting service delivery in the hospitality, travel and tourism industries. What was your source for this information?
4) Design a template that could be used when developing workplace policies and attach.
5) What is the intent of competition and consumer legislation that applies in NSW(Australia) and how does this influence service delivery?
6) Research job descriptions for customer service managers in the hospitality, travel and tourism industries. Determine the professional service standards and attributes expected of service industry personnel at that level.
7) How does the development of customer service policies and procedures contribute to the provisions of quality customer service?
8) What are the roles and responsibilities of managers in the provision of quality customer service?
Project
1) How can organisations in the travel, tourism and hospitality industries ensure they continue to deliver products and services that meet or exceed the need of the customers?
2) Organisations should encourage their customers to complain. Explain what this statement means, how it should be applied, why it should be applied and why a policy of encouraging complaints benefits organisations.
3) Design a customer survey that could be administered to either internal or external customers. Your survey will be designed to determine customer needs, wants and expectations and to determine whether the product/service or bundle you offer meets those specifications.
4) Research the principles of customer service and list the principles below with a description of each principle.
5) Research Codes of practice and any other form of legislation pertaining to customer service and list below.
Project 3
Research the regulatory requirements for the operation of a business in the hospitality, travel or tourism industry. Include information on how a business can demonstrate compliance with the regulatory requirements and who within the business should assume responsibility for compliance. Also include information on the penalties and consequences of non-compliance. Make recommendations about any workplace policies and procedures that should be available to support compliance. Acknowledge your sources of information.
Prepare a report to communication your results and finding.
1) Identify a source of information for compliance with laws and licensing for business operations and explain the function and purpose of the source.
2) What is the object of competition and consumer legislation? What is covered by the legislation?
3) Research hotel licensing requirements in New South Wales (Australia). Provide a brief overview of the obligations of licensees.
4) How could managers in the hospitality, travel and tourism industry ensure they receive updated information on laws and licensing requirements and how could they share their updated knowledge with their colleagues?
5) What is the relationship between legislation and workplace policies and procedures? How do policies and procedures contribute to managing regulatory compliance?
6) Describe the functions and general operating procedures of a regulatory authority of relevance to the tourism, hospitality or travel industries in New South Wales (Australia).
7) Design a template that could be used when developing workplace policies.
8 What are the legal responsibilities and liabilities of managers and directors in terms of health and safety in the workplace?
Activity 1
1)What are some of the sources of legal information that could be used in the workplace?
2) Locate a source of information on licensing laws in NSW(Australia) and evaluate the information for its effectiveness in providing information to works in the hospitality, travel or tourism industries. You will need to provide a copy of the information you have sourced to your assessor.
3) Make a recommendation of the use of the licensing information from your source for workers in these service industries.
4) List the laws and licensing that may be involved in a hospitality, travel or tourism industry.
Activity 2
1 ) Select a typical business operation in the hospitality, travel or tourism industries and determine the scope of compliance requirements for that area in NSW(Australia).
Activity 3
1) Determine the source of the regulatory information relevant to the specific business chosen in Activity 2 Question 1
2) What might business operations include?
Activity 4
1) Research the risks, penalties and consequences of non-compliance with liquor legislation in NSW (Australia). Prepare a brief report on these.
Activity 5
1) What might specialist legal advice involve?
2) Research one type of legal advisor and prepare a summary of the type of assistance they could provide to an organisation with regard to legal compliance
Activity 6
1) What might regulatory policies and procedures include?
2) Briefly outline the steps involved in developing policies.
3) Why should any documentation on policies, procedures and al information be presented in a clear and articulate way?
Activity 7
1) What considerations should be taken into account when assigning responsibilities in policy documents?
2) Describe the essential components of a compliance management system and briefly explain each of them.
Activity 8
1) On commencement at an establishment it is important the new staff are given a formal induction. What sort of information MUST be distributed to the new staff at this time?
2) The responsible service of alcohol aims to provide consumers with safer venues that are committed to practicing harm-minimisation techniques. Currently , mandatory training in relation to the responsible sale, supple and service of alcohol covers, duty of care, standard drink measure, harm minimisation, refusal of service, the effects of alcohol, juveniles, identifying intoxication and conflict resolution. Identify appropriate methods/s for distributing information on a hypothetical change to mandatory training requirements for bar staff in relation to the responsible service of alcohol.
Activity 9
1) What might information updates involve?
2) What should be considered when organising information updates for staff on policies, procedures and legal information?
Activity 10
1) Research a regulatory authority in NSW (Australia) and identify their available options for employers to communicate with them on compliance requirements. List the types of documentation that can be submitted online with that regulatory authority.
Activity 11
1) How could you maintain information regarding business and occupational licences and what sort of information could this be about?
2) How can you determine the compliance requirements that are unique to an organisation and how can these be maintained?
3) Describe what is meant by a compliance breach. What are the consequences of such an outcome?
4) Contractors working for the ATO are expected to meet specific obligations in terms of health and safety in the workplace. What are those obligations?
5) Describe the actions that staff must follow when a serious breach has been identified.
6) Describe the actions that the first line manager must follow when a breach has occurred.
Activity 12
1) List six areas of business operations that need to be continuously monitored and evaluated for compliance. Provide an example of each.
2) List six areas which the officer responsible for compliance can monitor to identify breaches in compliance requirements. Provide an example of each.
3) When would modification be required and how could they be implemented?
4) Under what circumstances might a compliance breach need to be reported to a regulatory authority? What information needs to be delivered?
Activity 13
1) List a range of opportunities you could use to maintain your knowledge of current regulatory requirements.
2) Identify two specific opportunities to maintain knowledge and information of current regulatory requirements in the hospitality, travel and tourism industry. Describe the information you could gain these opportunities.
Activity 14
1) Changes to superannuation legislation now enable eligible employees to choose the superannuation fund they wish their super contributions to be paid into. Employers are legally obliged to provide eligible new employees with a standard choice form within 28 days from the day they commence employment and existing employees with a standard choice form if they ask for one. If employees choose to have their super contributions paid into a fund of their choice, employers have two months to arrange to pay contributions into that fund.
Choose two appropriate methods of communication to present this information to workers. Justify your choice of methods. Produce the information to be presented in both formats.
Activity 15
1) What is involved in a policy review and what are the benefits to a business of reviewing policies?
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how the implementation process works and why IT projects sometimes fail.
/in Uncategorized /by JosephResource: Ch. 6 of Essentials of Health Information Systems and Technology.
Consider the following scenario:
During the third week of your internship, the CIO emails your team several examples of other IT project implementations. Later that day, she says, “Review the examples I sent you about the implementation process. I attached a list of questions for you to answer about how the implementation process works and why IT projects sometimes fail. I’m most interested in your analysis of how organizations like ours can minimize the occurrences and effects of IT failures.”
Read the Case Study–Memorial Health System CPOE Implementation.
Write a 210-word paper in which you answer the following questions:
What are at least five indicators of project failure that manifest themselves in the case study?
For each indicator you described, what might you have done differently to eliminate or minimize its effect?
Format your paper according to APA guidelines.
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/in Uncategorized /by JosephWHY HIRE OUR CUSTOM ESSAY COMPANY
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Explain why this project might be attractive to potential funders, and distinguish it from others that have addressed the same problem.
/in Uncategorized /by JosephDiscussion: Project Ideas
A grant can be a powerful tool for achieving what might otherwise be impossible, or at least very difficult, to accomplish. What are some project ideas you have in mind for addressing a specific problem or need? If you were to apply for a grant, what would you pursue? What might your organization pursue?
With project ideas in mind, read the literature and familiarize yourself with evidence-based practices associated with the problems you are seeking to address. Determine what is currently being done to solve or mitigate these problems. This step is extremely important in determining how or if to proceed with your own project idea.
For this Discussion, critically think through your project ideas and concepts, as well as the literature, and select one to further develop for your grant proposal. Use the Process Development Template, located in this week’s Learning Resources, to organize your ideas with regard to the purpose of the project and to the research you have conducted.
Note: Use the Process Development Template as an iterative and cumulative worksheet for keeping notes and ideas about the different elements that will be addressed in your grant proposal. While this document will not be submitted for grading, it will inform assignments that are submitted. You are encouraged to use this template as both a guide for and record of the work you are doing.
Post your project idea to help single mothers to become self sufficient to take care of their family without the help of welfare, explaining the needs it will meet. Explain why this project might be attractive to potential funders, and distinguish it from others that have addressed the same problem.
Required Readings
Ward, D. (2012). Writing grant proposals that win (4th ed.). Burlington, MA: Jones & Bartlett Learning.
Chapter 1, “The Conceptual Framework” (pp. 1–19)
Chapter 2, “Other Important Features” (pp. 21–26)
Ward, D. (2012). Writing grant proposals that win (4th ed.). Burlington, MA: Jones & Bartlett Learning.
Chapter 1, “The Conceptual Framework” (pp. 1–19)
https://ereader.chegg.com/books/EGG9781449604684/pageid/12
Chapter 2, “Other Important Features” (pp. 21–26)
https://ereader.chegg.com/books/EGG9781449604684/pageid/32
Community Tool Box. (2017). Writing a grant application for funding. Retrieved from http://ctb.ku.edu/en/writing-grant-application
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What is the probability of waiting more than 3 minutes but at most 15?
/in Uncategorized /by Joseph1. A statistical analysis of the wait time (in minutes) at the checkout line of a certain supermarket yields the probability distribution in the table.Wait (in minutes) ProbabilityAt most 3 0.1More than 3 and at most 5 0.2More than 5 and at most 10 0.26More than 10 and at most 15 0.25More than 15 0.19What is the probability of waiting more than 3 minutes but at most 15?1. A statistical analysis of the wait time (in minutes) at the checkout line of a certain supermarket yields the probability distribution in the table.Wait (in minutes) ProbabilityAt most 3 0.1More than 3 and at most 5 0.2More than 5 and at most 10 0.26More than 10 and at most 15 0.25More than 15 0.19 What is the probability of waiting more than 3 minutes but at most 15?
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