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Using the current COVID-19 Pandemic response as a means of having students research and develop a plan focusing on how they, as managers of a particular health care department, might provide input to a response team of the pandemic situation with a specific locality.

  • You are a manager of a health care department. What is your department? How do you serve the demographics of the individuals in the locality? What population of the locality are you trying to reach with your plan? What special needs might these individuals have where they need a plan developed?
  • You need to provide input from your department. What part of the response teams’ plan will involve your department? Is there more ways than one in which your department can assist the response team?
  • You need to define what locality the response team’s plan is focusing on and what part does you department have in the plan development.
  • THINK about this and ask yourself what you can do as the manger of the department. There are many questions that could be answered and asked in this scenario.
 
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Individuals and organizations are alike in many ways. Each has competitors, and each should plan for the future. Every individual and organization faces some external opportunities and threats and has some internal strengths and weaknesses. Both individuals and organizations establish objectives and allocate resources. These and other similarities make it possible for individuals to use many strategic management concepts and tools.

Requirement:

Construct a SWOT Matrix. Include what you consider to be your major external opportunities, your major external threats, your major strengths, and your major weaknesses. An internal weakness may be a low grade point average. An external opportunity may be that your university offers a graduate program that interests you. Match key external and internal factors by recording in the appropriate cell of the matrix alternative strategies or actions that would allow you to capitalize on your strengths, overcome your weaknesses, take advantage of your external opportunities, and minimize the impact of external threats. Be sure to use the appropriate matching notation in the strategy cells of the matrix.

 
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  1. Capacity Requirements Planning

    A company sells 3 products. Machine A or machine B can be used to manufacture all of them. A machine of type A costs $56,000. A machine of type B costs $62,000. Further, suppose that it costs $12.65 for machine A, and $16.85 for machine B for every working hour in terms of operating costs. The efficiency rating of type A machine is 0.86, and type B machine, 0.92. The demand rates for the products and the processing times in minutes are given below.

    Processing Time in Minutes

    Product

    Annual

    Demand

    Type A

    Machine

    Type B

    Machine

    P1

    58,000

    15 min/unit

    12 min/unit

    P2

    72,000

    11 min/unit

    8 min/unit

    P3

    54,000

    9 min/unit

    6 min/unit

    Calculate the number of machines of each type required to meet the entire demand and identify the type with the lowest total costs (i.e., purchase costs + operating costs). Assume that there are 250 working days in a year, with 9 hours in each day. Answer the following questions. (Hint: To calculate the total operating costs, multiply the total working hours of each type of machines by the hourly operating costs.)

    What is the total number of hours needed to produce all the products on type A machines?

  2. Refer to Problem #4 in question 33

    What is the total number of hours needed to produce all the products on type B machines?

  3. Refer to Problem #4 in question 33

    What is the total number of machines of type A needed to produce all the products?

    (you have to round-up the number of machines needed)

  4. Refer to Problem #4 in question 33

    What is the total number of machines of type B needed to produce all the products?

    (Hint: you have to round-up the number of machines needed)

  5. Refer to Problem #4 in question 33

    What are the total operating costs on machines of type A?

  6. Refer to Problem #4 in question 33

    What are the total operating costs on machines of type B?

  7. Refer to Problem #4 in question 33

    What are the total costs (purchase costs + operating costs) of machines of type A?

  8. Refer to Problem #4 in question 33

    What are the total costs (purchase costs + operating costs) of machines of type B?

 
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Overview

Corporate social responsibility is demonstrated through initiatives and actions a company takes to address its impact on the environment and social well-being. This includes taking responsibility toward the environment, employees, customers, and investors. CSR becomes a part of a company’s values and culture.

Millennial consumers, in particular, place value on and opt to do business with companies who demonstrate strong commitments to their role to better our world. Young consumers expect companies to be socially responsible and authenticity is key. This is also very important for companies seeking to hire the best and brightest. Many prospective hires place high importance on a business approach to social responsibility.

You will research online business periodicals to find examples of a company practicing social responsibility and relate the article to concepts in the Chapter 2 reading.

Outcome

3. Research an example of CSR initiative(s) and explain the impact on stakeholders. (I)

Instructions

From a current (within the last 6 months) online business magazine, select an article that examines one specific company’s positive actions demonstrating CSR. Summarize the article in one paragraph. Each student should share a different article.

  • Use an article featuring a for-profit business. Do not feature a nonprofit organization.
  • Examples of online business magazines are Businessweek, Fortune, Inc., and Enterpreneur.
  • Company websites, blogs, and PR Newswires are not acceptable sources.

Use the following prompts and sequences to organize and format your post and ensure that you meet all requirements. This also helps readers follow your responses.

  1. Summarize the article in one paragraph.
  2. In a second paragraph, point out how the actions impact stakeholders.
  3. Finally, what are your thoughts about the initiative(s) the company has put in place and the likely impact?
 
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