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Summarize how predictive software is being used to reduce crime, and summarize some of the limitations of its current application Outline some of the challenges associated with the latest technologies used in criminal justice |
In this week’s assignment, you will combine explanation and imagination by examining the different types of law enforcement technologies, particularly predictive software, and by considering how they present officials with unique combinations of benefits and potential problems. Complete both parts of this assignment.
Each part of this assignment should be at least one page. |
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MGT230 University of Phoenix 4 Nordstrom Case Study Analysis
Nordstrom—“High Touch” with “High Tech” How does Nordstrom stay profitable despite dips in consumer spending, c ...
MGT230 University of Phoenix 4 Nordstrom Case Study Analysis
Nordstrom—“High Touch” with “High Tech” How does Nordstrom stay profitable despite dips in consumer spending, changing fashion trends, and intense competition among retailers? One answer: Acute attention to detail and well-laid plans. All in the Family The fourth generation of family members that runs Nordstrom has brought the store’s time-honored and successful retail practices into a new era. “Nordstrom, it seems, is that rarity in American business: an enterprise run by a founding family that hasn’t wrecked it,” says one business writer. The company provides a quality customer experience via personalized service, a compelling merchandise offering, a pleasant shopping environment, and increasingly better management of its inventory. Secret of Success The secret of this company’s success lies in its strategic planning efforts and the ability of its management team to set broad, comprehensive, and longer-term action directions, all of which are focused on the customer experience. The current generation of Nordstrom family members was quick to spearhead an ultramodern multimillion-dollar, Web-based inventory management system. This upgrade helped the company meet two key goals: (1) correlate purchasing with demand to keep inventory as lean as possible, and (2) give customers and sales associates a comprehensive view of Nordstrom’s entire inventory, including every store and warehouse. Demand Planning Instead of relying on one-day sales, coupon blitzes, or marking down entire lines of product, Nordstrom discounts only certain items. “Markdown optimization” software assists in planning more profitable sale prices. According to retail analyst, Patricia Edwards, this helps Nordstrom calculate what will sell better at different discounts and forecast which single items should be marked down. If a style is no longer in demand, the company can ship it off to its Nordstrom Rack outlet stores. It’s all part of Nordstrom’s long-term investment in efficiency. “If we can identify what is not performing and move it out to bring in fresh merchandise,” says Pete Nordstrom, “that’s a decision we want to make.” Inventory Planning Although inventory naturally fluctuates, Nordstrom associates can easily locate any item in another store or verify when it will return to stock. Customers on their smart phones and associates behind sales counters see the same thing—the entire inventory of Nordstrom’s stores is presented as one selection, which the company refers to as perpetual inventory. “Customer service is not just a friendly, helpful, knowledgeable salesperson helping you buy something,” says Robert Spector, retail expert and author of The Nordstrom Way. “Part of customer service is having the right item at the right size at the right price at the right time. And that’s something perpetual inventory will help with.” The upgraded inventory management system was an immediate hit. As of launch day, Nordstrom found that the percentage of customers who purchased products after searching the website for an item doubled. It also learned that multi-channel customers—those who shop from Nordstrom in more than one way—spend on average four times more than one-source customers. This profit more than offsets the cost of hiring additional shipping employees to wrap and mail items from each store. Now Nordstrom doesn’t have to turn away the customer who spied a red Marc Jacobs handbag but found it out of stock in her local store. She can buy it online or at the store counter and it will be shipped to her, even from a store located across the country. Keeping It Lean By displaying stock both on its website and in its stores, Nordstrom has realized some very meaningful sales and customer service results. Items don’t stay in stock very long. The chain turns inventory about twice as fast as its competitors, thanks to strong help from online sales. Fast-turning inventories are a sign a retailer is well managed, making it more attractive to investors. “The old, classic Nordstrom way is that if you sell more stuff, that compensates for any deficiency you may have in terms of technology,” says Robert Spector. “They didn’t want to replace the high touch with the high-tech. The challenge, not only for Nordstrom, but for other retailers, is how you strike that balance between having up-to-date systems and giving that personal service.” “Traditional retailers have traditional ways of doing things,” echoes Adrianne Shapira, Goldman Sachs retail analyst, “and sometimes those barriers are hard to break down.” But Nordstrom’s commitments to planning are paying dividends. Source: Schermerhorn Jr., J.R., Bachrach, D.G. (2016) Nordstrom—“High Touch” with “High Tech”. In Exploring Management (Cases for Critical Thinking). Case Analysis Questions Answer the following in up to 350 words each. Determine the specific planning objectives and measures Nordstrom could use to assess the success of its Web-based inventory integration.Explain how Nordstrom could make use of participatory planning for continuous improvements in areas such as product purchasing, floor displays, and sales associates’ job satisfaction.Nordstrom wants to grow in a number of different areas. Research one of its strategies and project it into the future.Refer back to one of Nordstrom’s strategies for growth. What changes, revisions, or updates would you plan for the company? What stretch goals come
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Decison Making Discussion
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Case Discussion.edited
Schneider Electric (SE) was founded in 1836 by Joseph Schneider and Adolphe Schneider in France and now has over 100 branc ...
Case Discussion.edited
Schneider Electric (SE) was founded in 1836 by Joseph Schneider and Adolphe Schneider in France and now has over 100 branches across the world. The ...
Managing up is important
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Managing up is important
Why is Managing Up Important in organizations?This week’s theory discussed four tactics that enables followers to overcome the authority-based relationship and develop an effective, respectful relationship with their leaders.Write a 2 page paper.Address the following in your paper:How can you be a resource for your leaderHow can you help the leader be a good leaderHow can you build a relationship with the leaderHow can you view the leader realisticallyWhat strategy would you use to “Manage Up”?Include a title page and 3-5 references. Only one reference may be from the internet (not Wikipedia). The other reference must be from the Grantham University online library. Please adhere to the Publication Manual of the American Psychological Association (APA), (6th ed. 2nd printing) when writing and submitting assignments and papers.
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HH CompanyUsing the financial statements for HH Company below:Sales1,067,500Cost of goods sold 1,392,500Selling, general a ...
HH Company Financial?
HH CompanyUsing the financial statements for HH Company below:Sales1,067,500Cost of goods sold 1,392,500Selling, general and administrative145,000Earnings before interest and taxes (EBIT)70,000Federal and state income taxes (40%)18,200Net income27,300HH Company Balance Sheet as of December 31, 20XXAssets80,500Accounts Payable132,000Accounts Receivable334,500Current portion of debt84,000Inventories240,000Other current liabilities114,000Total current assets655,000Total current liabilities330,000Net fixed assets292,500Long-term debt256,500Total assets947,500Total liabilities586,500Common equity361,000Total Liabilities & Equity947,5001. Calculate the indicated ratios for HH.Company AveragesIndustry AveragesCurrent Ratio2.2Days sales outstanding (based on 365-day year)36 daysInventory turnover6.7Fixed asset turnover12.1Total assets turnover3.00Return on sales1.20%Return on assets3.60%Return on equity9.00%Debt ratio55%2. Discuss HH's strengths and weaknesses as revealed by your analysis.3. Suppose HH doubles its sales as well as its inventories, accounts receivable, and common equity during the year. How would that information affect the validity of your ratio analysis?Your paper should be three pages in length (excluding cover page and references) and formatted according to the CSU-Global Guide to Writing and APA Requirements. Be sure to discuss and reference concepts taken from the assigned textbook reading and relevant research. Review the grading rubric to see how you will be graded for this assignment
Sri Venkateswara University Trade Offs in Sourcing and Sales Strategies Discussion
Examine and discuss the tradeoffs in sourcing and sales strategies (i.e., upstream and downstream supply chain strategies) ...
Sri Venkateswara University Trade Offs in Sourcing and Sales Strategies Discussion
Examine and discuss the tradeoffs in sourcing and sales strategies (i.e., upstream and downstream supply chain strategies) by considering them as components of an integral end-to-end supply chain strategy.
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MGT230 University of Phoenix 4 Nordstrom Case Study Analysis
Nordstrom—“High Touch” with “High Tech” How does Nordstrom stay profitable despite dips in consumer spending, c ...
MGT230 University of Phoenix 4 Nordstrom Case Study Analysis
Nordstrom—“High Touch” with “High Tech” How does Nordstrom stay profitable despite dips in consumer spending, changing fashion trends, and intense competition among retailers? One answer: Acute attention to detail and well-laid plans. All in the Family The fourth generation of family members that runs Nordstrom has brought the store’s time-honored and successful retail practices into a new era. “Nordstrom, it seems, is that rarity in American business: an enterprise run by a founding family that hasn’t wrecked it,” says one business writer. The company provides a quality customer experience via personalized service, a compelling merchandise offering, a pleasant shopping environment, and increasingly better management of its inventory. Secret of Success The secret of this company’s success lies in its strategic planning efforts and the ability of its management team to set broad, comprehensive, and longer-term action directions, all of which are focused on the customer experience. The current generation of Nordstrom family members was quick to spearhead an ultramodern multimillion-dollar, Web-based inventory management system. This upgrade helped the company meet two key goals: (1) correlate purchasing with demand to keep inventory as lean as possible, and (2) give customers and sales associates a comprehensive view of Nordstrom’s entire inventory, including every store and warehouse. Demand Planning Instead of relying on one-day sales, coupon blitzes, or marking down entire lines of product, Nordstrom discounts only certain items. “Markdown optimization” software assists in planning more profitable sale prices. According to retail analyst, Patricia Edwards, this helps Nordstrom calculate what will sell better at different discounts and forecast which single items should be marked down. If a style is no longer in demand, the company can ship it off to its Nordstrom Rack outlet stores. It’s all part of Nordstrom’s long-term investment in efficiency. “If we can identify what is not performing and move it out to bring in fresh merchandise,” says Pete Nordstrom, “that’s a decision we want to make.” Inventory Planning Although inventory naturally fluctuates, Nordstrom associates can easily locate any item in another store or verify when it will return to stock. Customers on their smart phones and associates behind sales counters see the same thing—the entire inventory of Nordstrom’s stores is presented as one selection, which the company refers to as perpetual inventory. “Customer service is not just a friendly, helpful, knowledgeable salesperson helping you buy something,” says Robert Spector, retail expert and author of The Nordstrom Way. “Part of customer service is having the right item at the right size at the right price at the right time. And that’s something perpetual inventory will help with.” The upgraded inventory management system was an immediate hit. As of launch day, Nordstrom found that the percentage of customers who purchased products after searching the website for an item doubled. It also learned that multi-channel customers—those who shop from Nordstrom in more than one way—spend on average four times more than one-source customers. This profit more than offsets the cost of hiring additional shipping employees to wrap and mail items from each store. Now Nordstrom doesn’t have to turn away the customer who spied a red Marc Jacobs handbag but found it out of stock in her local store. She can buy it online or at the store counter and it will be shipped to her, even from a store located across the country. Keeping It Lean By displaying stock both on its website and in its stores, Nordstrom has realized some very meaningful sales and customer service results. Items don’t stay in stock very long. The chain turns inventory about twice as fast as its competitors, thanks to strong help from online sales. Fast-turning inventories are a sign a retailer is well managed, making it more attractive to investors. “The old, classic Nordstrom way is that if you sell more stuff, that compensates for any deficiency you may have in terms of technology,” says Robert Spector. “They didn’t want to replace the high touch with the high-tech. The challenge, not only for Nordstrom, but for other retailers, is how you strike that balance between having up-to-date systems and giving that personal service.” “Traditional retailers have traditional ways of doing things,” echoes Adrianne Shapira, Goldman Sachs retail analyst, “and sometimes those barriers are hard to break down.” But Nordstrom’s commitments to planning are paying dividends. Source: Schermerhorn Jr., J.R., Bachrach, D.G. (2016) Nordstrom—“High Touch” with “High Tech”. In Exploring Management (Cases for Critical Thinking). Case Analysis Questions Answer the following in up to 350 words each. Determine the specific planning objectives and measures Nordstrom could use to assess the success of its Web-based inventory integration.Explain how Nordstrom could make use of participatory planning for continuous improvements in areas such as product purchasing, floor displays, and sales associates’ job satisfaction.Nordstrom wants to grow in a number of different areas. Research one of its strategies and project it into the future.Refer back to one of Nordstrom’s strategies for growth. What changes, revisions, or updates would you plan for the company? What stretch goals come
2 pages
Decison Making Discussion
The four major decision-making models are: rational, garbage can (irrational), bounded rationality (limited rationality) a ...
Decison Making Discussion
The four major decision-making models are: rational, garbage can (irrational), bounded rationality (limited rationality) and thinking fast/slow. The ...
4 pages
Case Discussion.edited
Schneider Electric (SE) was founded in 1836 by Joseph Schneider and Adolphe Schneider in France and now has over 100 branc ...
Case Discussion.edited
Schneider Electric (SE) was founded in 1836 by Joseph Schneider and Adolphe Schneider in France and now has over 100 branches across the world. The ...
Managing up is important
Why is Managing Up Important in organizations?This week’s theory discussed four tactics that enables followers to overco ...
Managing up is important
Why is Managing Up Important in organizations?This week’s theory discussed four tactics that enables followers to overcome the authority-based relationship and develop an effective, respectful relationship with their leaders.Write a 2 page paper.Address the following in your paper:How can you be a resource for your leaderHow can you help the leader be a good leaderHow can you build a relationship with the leaderHow can you view the leader realisticallyWhat strategy would you use to “Manage Up”?Include a title page and 3-5 references. Only one reference may be from the internet (not Wikipedia). The other reference must be from the Grantham University online library. Please adhere to the Publication Manual of the American Psychological Association (APA), (6th ed. 2nd printing) when writing and submitting assignments and papers.
HH Company Financial?
HH CompanyUsing the financial statements for HH Company below:Sales1,067,500Cost of goods sold 1,392,500Selling, general a ...
HH Company Financial?
HH CompanyUsing the financial statements for HH Company below:Sales1,067,500Cost of goods sold 1,392,500Selling, general and administrative145,000Earnings before interest and taxes (EBIT)70,000Federal and state income taxes (40%)18,200Net income27,300HH Company Balance Sheet as of December 31, 20XXAssets80,500Accounts Payable132,000Accounts Receivable334,500Current portion of debt84,000Inventories240,000Other current liabilities114,000Total current assets655,000Total current liabilities330,000Net fixed assets292,500Long-term debt256,500Total assets947,500Total liabilities586,500Common equity361,000Total Liabilities & Equity947,5001. Calculate the indicated ratios for HH.Company AveragesIndustry AveragesCurrent Ratio2.2Days sales outstanding (based on 365-day year)36 daysInventory turnover6.7Fixed asset turnover12.1Total assets turnover3.00Return on sales1.20%Return on assets3.60%Return on equity9.00%Debt ratio55%2. Discuss HH's strengths and weaknesses as revealed by your analysis.3. Suppose HH doubles its sales as well as its inventories, accounts receivable, and common equity during the year. How would that information affect the validity of your ratio analysis?Your paper should be three pages in length (excluding cover page and references) and formatted according to the CSU-Global Guide to Writing and APA Requirements. Be sure to discuss and reference concepts taken from the assigned textbook reading and relevant research. Review the grading rubric to see how you will be graded for this assignment
Sri Venkateswara University Trade Offs in Sourcing and Sales Strategies Discussion
Examine and discuss the tradeoffs in sourcing and sales strategies (i.e., upstream and downstream supply chain strategies) ...
Sri Venkateswara University Trade Offs in Sourcing and Sales Strategies Discussion
Examine and discuss the tradeoffs in sourcing and sales strategies (i.e., upstream and downstream supply chain strategies) by considering them as components of an integral end-to-end supply chain strategy.
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