The employees considered the bonus as a regular part of their pay as they got accustomed to it for many years and when it stopped they revolted. Bent himself doubted the credibility of the plan he implemented (Beer, M., & Collins, E. 2008). The Turnaround Plan As we drill down to identify some of the root causes of what exactly transpired in the Plant which lead to its downfall we find some astonishing facts as how certain core organizational issues were ignored. Communication being the main issue was completely ignored by the management and they did not use a proper communication channel which lead to the employees suspecting the management to play with them.…
Purinex was as a drug discovery and evolution company located in Syracuse, New York. “The company sought to commercialize therapeutic compounds based on its purine drug-development platform.” The company evolved procedure for making small molecules that acted as selective agonists or antagonists. The company consisted of 14 employees and the company has a chemistry laboratory, and 35 pending patents in the purine field.…
In class we discussed a case study called “The Theater Budget” about an organization called Greater Euclid Little Theater, which is a small group of adults staging performances. The organization changed after Cathy Cole, the then newly artistic director was appointed. After Cathy Cole, left her position, Andy Spaulding took on the position as an artistic director. In the case study provided, the case starts with the discussion on increasing salary pay for Any Spaulding, however many board members including Jane Dobbs, the Vice President for Administration and President-elect, David Price, President and Treasurer Nicky Counts all came with the agreement that they were unable to provide the amount of salary Spaulding wanted because of insufficient…
“Dreams defeated and Dreams completed” In lorraine Hansberry’s “A Raisin in the Sun,” the play explores the difficulties ingrained in turning each of their dreams into reality. Domina, L. M. a explains when the play opens, the Younger family has no clear leader. Its power structure is complicated, especially in terms of American norms. Because the American nuclear family was unabashedly patriarchal in the 1950's, Walter would seem to be the head of the household. Yet although he might (or might not) make the most money, he is not the family's breadwinner in the traditional sense, since Ruth and occasionally Mama also work.…
Deion Sanders’ Texas-size mansion deals with the context and the audience deals with the NFL and MLB fans. The uses of facts and statistics is highly used throughout this entire article. This issue matters to professional athletes in the United States; while many athletes claim that the amount of money they are making is fair, evidence suggests that the amount of money that they are making is overrated, and that 's why I believe one day professional athletes will not make as much money as they are making now. Shirley Henderson, a publisher and Scottish actress…
Just maybe if I would have had fuller understanding of what the benefits of a 401K were in my mid 30s I would possibly have money saved up. It also would have been nice to have a full time job to help with saving for the future too. When I first heard anything about getting a 401K account with this credit union close to my job at City Hall, I was just getting myself back on to my feet with being clean and sober for a couple of years and I was 38 years old. My job with the city at that time was just part time with no benefits and I was working something of a job at the VA Hospital at the same time.…
Recently, Dinesh Kumar was faced with an ethical dilemma. Dinesh, a new hire accountant at O’Brian & McKinney, was asked by Kate McKinney, the company’s co-founder, to investigate the billings of an important client, Russell Brandy. Russell Brandy has been dissatisfied with O’Brian & McKinney, claiming he has been overcharged. As a result, Tom O’Brian, the company’s co-founder, has pushed to fire John Goodfellow, the Account Executive in charge of Russell Brady’s account, and give the account to Danielle Chen. Danielle is the Account Executive in charge of the account of Collin Bennet, a very happy client.…
I plan to sign up with a 401k retirement plan because most tech companies offer this kind of plan. Having a traditional 401k plan will allow me to save money towards my retirement without having to pay federal taxes on my savings until I withdraw. It also lets me partake in a mutual fund that allows me to invest into many kinds of stocks. This will help me generate revenue because investing in stocks usually does well against inflation and generates twice the revenue of bonds. The impact of personal taxes is nothing out of the ordinary because they affect every person that works.…
Making value-based healthcare work for patients and providers is challenging, but worth the effort. The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), is designed to encourage more medical providers, specifically physician practices, embrace value-based health services. The new rule enacted in 2015 modifies electronic health record (EHR) Meaningful Use reimbursement guidelines. Larry Kocot, national leader of KPMG's Center for Healthcare Regulatory Insight, told Physicians Practice, although the CEHRT systems standards are optional for 2017, all MU participants will be required to meet performance expectations beginning in 2018.…
This essay seeks to discuss the Doctrine of Promissory Estoppel and the Doctrine of Consideration, as well as a clear analysis, with the use of case law, how Promissory Estoppel has become an exception to the general principle that a promise may only be enforced if it is supported by good consideration; it will ultimately conclude whether or not a promise to accept a smaller sum in discharge of a larger sum, if acted upon, is binding notwithstanding the absence of consideration. A contract is a legally binding agreement in law between two or more parties, which is enforced by law or by binding arbitration if it covers the elements of a valid legal agreement. For there to be a valid contract, three elements must be present, offer, acceptance, and consideration. If there is no consideration, there is no contract; however, with promissory estoppel instead of consideration, if there is a promise which induces reliance, the court would find some sort of liability for the promise.…
2. Player Compensation A first controversy arises from the fact that some significant part of players’ compensation is not paid immediately in cash. Players suggest that the deferred compensation expenditure should be expensed only when the cash is expended. The economic truth however calls for the deferred compensation to be expensed when earned.…
Project Planning a. What should be included in a Woody 2000 project plan? What use would it be? Ans. The project requires the creation of a project scope, charter, schedule, budget, communication, risk, contingency, and close out plan thereby ensuring that the project are is well defined, communicated, monitored and controlled. Woody's project plan should also include: - Sales Assessment-…
Some dreams are accomplished, some dreams are not accomplished, and some dreams are simply put off for another day. The play, A Raisin In the Sun, written by Lorraine Hansberry was about dreams deferred. Three characters in this story, Walter, Beneatha, and Mama all have dreams, that are currently or at some point in their lives have been deferred. Walter’s deferred dream of owning a business “dr[ies] up like a raisin in the sun,” as his large investment dwindled away into the greedy pockets of America which left Walter with a seemingly impossible dream and a decision that could change his family’s life (Hughes 1). Walter has dreams of starting a profitable business, and in order to accomplish that he must use the 10,000 dollars his family…
Aaron Feuerstein, built the Malden Mills Company, it was a family business in Lawrence. The company did very well until one night there was a fire in 1995 that destroyed most of the mill. Despite the fire the mill experienced other troubles. Some of the problems were, bankruptcy and issues with the insurance companies that did not want to pay on the fire claims. Mr. Feuerstein decided that he would rebuild the Mill and ignored the skepticism of some that thought he should leave well enough alone.…
Assignment #4: The Big Short Movie Review The Big Short is the story about the U.S. subprime mortgage crisis in 2008 occurring from the housing bubble. The story is told by three groups of people during the same period. Michael Burry is a hedge fund manager of Scion Capital who discovers the tendency of a housing bubble in the near future. He finds that the housing market is backed by subprime loans which are poor credit rating loans and have high default risk.…