Description
"Cost-Benefit Analysis" Please respond to the following:
- In a heavily debated City Council meeting, one year ago, Cobb County learned that by buying larger garbage trucks it could reduce labor cost for garbage removal. Note: All the dollar amounts below are in this year’s (present) dollars.
- The cost of the trucks today (one year later) is $400,000.
- The annual savings in this year’s dollars is $90,000.
- The trucks will last for four years and then will be sold for $100,000.
- The city can borrow money at a 7% discount rate to purchase the trucks.
- Inflation for the next four years is expected to average 3%.
- Assuming the cost and benefits are incurred at the end of the year, should the city buy the trucks?
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Explanation & Answer
Attached.
Year
0
Initial Outflow
1
2
3
4
NPV
-4, 00,000
Residual Value
1, 00, 000
Capital (outflow)/Inflow
-4, 00, 000
Annual Saving at current $
1, 00, 000
90,000
Inflation factor=1*(1+3%) ^n
90, 000
1.0300 1.0609 1.0927
Annual Saving
92,700 95,481
Free Cash Flow
-4, 00, 000
Discount Rate=1/...
Completion Status:
100%
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QSO 321 Southern New Hampshire University Proposal for Board of Directors Letter
You work as the chief supply-chain officer at the large international corporation, NationaliTeas. NationaliTeas manufactu ...
QSO 321 Southern New Hampshire University Proposal for Board of Directors Letter
You work as the chief supply-chain officer at the large international corporation, NationaliTeas. NationaliTeas manufactures and sells tea worldwide. Its motto is “Keeping people and their taste buds awake (when they want to be awake).” Its mission is “Make the world more awake through rejuvenating and refreshing beverages and sustainable practices that uplift workers, communities, and souls.” Its vision is “to be the most respected tea manufacturer across at least three continents for our tea and our actions, which will be driven by a commitment ethical sourcing, minimal waste, and empowerment of our employees.”
You would like to establish an operational goal of having your corporation apply for a B Corp Certification within the next two years. You believe this would add value to the organization and help it to prioritize a stronger focus on sustainable operational practices. You have conducted a preassesment based on the recommendations for applying for B Corp Certification, and you’ve evaluated the corporation’s current strengths and areas for improvement.
Now you need to develop a proposal for the board of directors that explains why prioritizing the triple bottom line (TBL) through working toward B Corp Certification has organizational value. You must also propose three high-impact initiatives to help strengthen the corporation’s commitment to people, planet, and profit based on your evaluations.
Directions
Part One: Justification of Benefits: Justify the value of working toward more intentionally incorporating the TBL framework into organizational decision making, specifically how ethical business practices regarding people, planet, and profit can benefit society, the environment, and the company’s profit. Specifically, address the following:
Key Components: Explain the three key components of the TBL framework and how each component benefits businesses and society.
Organizational Value: Provide a justification regarding the value and benefits of using the TBL framework to inform corporate decision making, and explain connections between the organizational mission and the organizational vision.
B Corporation Benefits: Briefly describe the organizational benefits of attaining B Corp Certification.
Part Two: Operational Recommendations: Read through the Preassessment Evaluation Summary (located in the Supporting Materials section) for each aspect of the TBL (people, profit, and planet). You will need to provide a detailed description of the initiatives that will create the needed improvement. You should note the organizational and societal value of the initiative along with the operational management techniques recommended to plan and complete each initiative. For each of your three initiatives, address the following:
Organizational Impacts: Describe the organizational benefits of each initiative, specifically noting the expected positive impact of completing each. Examples of positive impacts include better alignment to the organization’s mission, vision, and culture statements; increased amounts of funds or resources saved; and improvements to the organization’s brand.
Societal Impacts: Describe the societal benefits of each initiative, specifically noting the expected positive impact of completing each. Examples of positive impacts include increased community building and positive environmental impact.
Customer Impacts: Describe the consumer benefits of each selected initiative, specifically noting the expected positive impact of completing each. Examples of positive impacts include increased alignment to target markets, improved product access and availability, and improved customer satisfaction.
Business Risks: Explain the business risks associated with prioritizing, planning, and resourcing each initiative and how these risks will be considered and monitored.
Operational Management Techniques: Recommend an operational management strategy or technique (e.g., project management, lean manufacturing, or Six Sigma) that is appropriate to implement for each selected initiative, and explain why.
Defining Requirements and Scope: Define the requirements for the successful implantation of each selected initiative as well as the scope of each. Describe how changes to the requirements and scope would impact timelines, budget, and risk.
Roles and Responsibilities: Explain the key internal and external stakeholders who would be involved in planning and implementing each selected initiative, as well as why each identified stakeholder is needed to successfully implement the initiatives.
What to Submit
To complete this project, you must submit the following:
Submit your project using one of the two formats listed below. Please note that your submission should include both Part One and Part Two of your project. For either format, sources should be cited according to APA style.
Written Report: Submit a 1,500- to 1,700-word Word document. Use APA style.
Slideshow Presentation: Submit a 10- to 12-slide presentation with speakers notes. Your slideshow should be submitted as a PowerPoint or PDF document. Example tools that could be used to create your slideshow include:
PowerPoint
Canva
Prezi
Supporting Materials
The following resource support your work on the project:
Reading: Project Preassessment Evaluation Summary
This document presents the results of NationaliTeas’ preassessment for attaining B Corp Certification.
Financial monitoring and control proposal
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Financial monitoring and control proposal
Project Objectives and Description As you probably know or will learn as the class progresses, some of the management practices used in organizations today are not ideally suited for monitoring and controlling project finances. The PMBOK indicates the monitoring and controlling process group “…consists of those processes required to track, review, and orchestrate the progress and performance of the project; identify any areas in which changes to the plan are required; and initiate the corresponding changes”. The process group also involves: (1) “controlling changes and recommending corrective or preventive action in anticipation of possible problems”; (2) monitoring the ongoing project activities against the project management plan and the project performance baseline”; and (3) influencing the factors that could circumvent integrated change control and configuration management so only approved changes are implemented”. (PMBOK, page 57). The objectives of this individual project are twofold: First, to investigate management practices used by your organization and to identify issues that may detract from the organization’s ability to monitor and control project finances.Second, to propose changes to these management practices to help resolve these issues and explain how these proposed changes will optimize project financial monitoring and control efforts.My organization is : Raytheon You will develop a Project Financial Monitoring and Control proposal documenting these efforts, making use of: (1) this course and past project management and financial management coursework; (2) your own professional experience; (3) knowledge and experience resident in your organization; and (4) additional research. The majority of the coursework pertaining to this assignment will be covered in sessions 1 through 5. This assignment is due in session 10. A template for the proposal will not be provided. If it hasn’t happened already, you should expect, at some point in your career, to develop a white paper, a proposal, or some other type of document with only a final objective or two for guidance. You are free to organize the proposal as you see fit as long as the following particulars are included: (1) a statement describing the organization type (e.g., state, local, or federal government, etc.); (2) a discussion of the organization’s business line(s); (3) and a discussion of the organization’s strategic objectives. The organization’s identity shall be masked in the proposal and the proposal shall be free of any proprietary or closely-held company information, as well as any other information that could reveal the organization’s identity. The purpose of any proposal is to sell a product, service, idea, etc. In this case, you are selling a set of recommendations aimed at resolving issues associated with your organization’s ability to monitor and control project finances. Address your proposal to your organization’s decision makers. Put yourself in their shoes on the receiving end of the proposal. What would you want to know? What are you selling?How does it apply to me?Why should I buy it? What benefits do I receive?What actions do I need to take to realize the benefits?How long will it take to realize the benefits?How much will it cost? For the purposes of this assignment, the last two questions (time and cost) should be addressed, at least, in relative terms. A detailed time and cost analysis is not required. However, if you intend to share the outcome with your organization, you might want to consider including a more detailed analysis at some point in time. THERE IS NO REQUIREMENT TO ORGANIZE YOUR PROPOSAL IN THIS FASHION. THIS IS SIMPLY A LIST OF THINGS YOU MIGHT WANT TO CONSIDER WHEN PREPARING YOUR PROPOSAL. Other things to consider: This is not a proposal to do a study to identify issues and propose solutions.One or more past project efforts may be used to illustrate existing issues impacting the organization’s ability to monitor/control project finances. However, the proposal must address the organization’s overall ability to monitor/control project finances.For this assignment, assume at least part of your target audience (the organization’s management) does not understand anything about project management concepts, tools, and techniques or managing project finances.Issues should be narrowly focused. Broadly stated issues typically result in broadly stated solutions. Management may be reluctant to invest time and money unless the scope of the effort is perceived to be manageable. Provide sufficient detail to fully explain the issue and its impact on project financial monitoring and controlling activities (see the third bullet above).Proposed solutions must address the associated issue(s). Sufficient detail must be included to describe how the solution resolves the issue(s) and how the solution is to be implemented (see the third bullet above).There are issues that impact an organization’s ability to complete a project on time and within budget that do not necessarily impact an organization’s ability to monitor/control project finances. Make sure you can articulate a clear connection between the issues you choose and the organization’s ability to monitor/control project finances.The effectiveness of your message can be adversely affected by writing mechanics issues and the clarity of your proposal Project Milestones You will provide two interim milestone reports before submitting your proposal. The purpose of the interim milestone reports is to make sure you are headed in the right direction. Milestone 1 – Explain the project objectives and requirements to decision makers within your organization to gain organizational support for your efforts and access to organizational information (excluding financial data). If you are unable to gain organizational support for your project, choose an imaginary organization. Develop a statement describing the organization type (e.g., state, local, or federal government, etc.); and the organization’s business line(s) and strategic vision or objectives. You may chose the entire organization or a portion of the organization. Report your progress in the Individual Project Milestone 1 discussion forum by Sunday of Session 2. A milestone report template is provided in course content. Milestone 2 - Identify the issues that may detract from the organization’s ability to optimally monitor and control project finances. Put yourself in the shoes of a project manager in your organization. What would you do, starting in the planning phase of the project, to make sure you could successfully monitor and control project finances? What elements of the project management plan or associated planning artifacts would you focus on? Now translate these to the organization level. What must be present (processes, procedures, instructions, practices, tools, training, etc.) to establish a firm foundation throughout the organization for successfully monitoring and controlling the finances of all projects? Where are the holes? Focus your efforts on four to five of the most significant issues. Submit this summary in the Individual Project Milestone 2 discussion forum by Sunday of session 6. A milestone report template is provided in course content. Note: If your organization has no apparent issues with respect to its ability to monitor and control project finances, create some simulated issues. Submit the completed project report in your assignment folder by Sunday of session 10. The project report must be submitted as a MS Word document. Line spacing: 1½; font: 12 point; pages: 15 (maximum). Evaluation You will be evaluated on: The organization and content of the completed project report. Does it tell a complete and compelling story in a logical and readable manner? Are issues clearly linked to project financial monitoring/controlling activities? Is sufficient detail provided to clearly explain the issue and its impact on project financial monitoring/controlling activities?Adherence to project milestones and other assignment requirementsCorrect application of financial management concepts, tools, and techniquesCorrect application of project management concepts, tools, and techniquesRationale for proposed solutions. Are solutions clearly linked to associated issues? Is sufficient detail provided to clearly describe how the solution resolves the issue(s) and how the solution is to be implemented?Feasibility of proposed solutions with respect to their associated issue(s).Writing mechanics and adherence to APA standards
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Global Value Chain Management
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You will create a form so that users of the database can enter and edit suppliers of products to your business easily. You create an attractive report that groups the products that you purchase by their suppliers, and then export it to PDF format for easy distribution. Finally, you create a Navigation Form so that database users can switch between major objects in the database readily.
QSO 321 Southern New Hampshire University Proposal for Board of Directors Letter
You work as the chief supply-chain officer at the large international corporation, NationaliTeas. NationaliTeas manufactu ...
QSO 321 Southern New Hampshire University Proposal for Board of Directors Letter
You work as the chief supply-chain officer at the large international corporation, NationaliTeas. NationaliTeas manufactures and sells tea worldwide. Its motto is “Keeping people and their taste buds awake (when they want to be awake).” Its mission is “Make the world more awake through rejuvenating and refreshing beverages and sustainable practices that uplift workers, communities, and souls.” Its vision is “to be the most respected tea manufacturer across at least three continents for our tea and our actions, which will be driven by a commitment ethical sourcing, minimal waste, and empowerment of our employees.”
You would like to establish an operational goal of having your corporation apply for a B Corp Certification within the next two years. You believe this would add value to the organization and help it to prioritize a stronger focus on sustainable operational practices. You have conducted a preassesment based on the recommendations for applying for B Corp Certification, and you’ve evaluated the corporation’s current strengths and areas for improvement.
Now you need to develop a proposal for the board of directors that explains why prioritizing the triple bottom line (TBL) through working toward B Corp Certification has organizational value. You must also propose three high-impact initiatives to help strengthen the corporation’s commitment to people, planet, and profit based on your evaluations.
Directions
Part One: Justification of Benefits: Justify the value of working toward more intentionally incorporating the TBL framework into organizational decision making, specifically how ethical business practices regarding people, planet, and profit can benefit society, the environment, and the company’s profit. Specifically, address the following:
Key Components: Explain the three key components of the TBL framework and how each component benefits businesses and society.
Organizational Value: Provide a justification regarding the value and benefits of using the TBL framework to inform corporate decision making, and explain connections between the organizational mission and the organizational vision.
B Corporation Benefits: Briefly describe the organizational benefits of attaining B Corp Certification.
Part Two: Operational Recommendations: Read through the Preassessment Evaluation Summary (located in the Supporting Materials section) for each aspect of the TBL (people, profit, and planet). You will need to provide a detailed description of the initiatives that will create the needed improvement. You should note the organizational and societal value of the initiative along with the operational management techniques recommended to plan and complete each initiative. For each of your three initiatives, address the following:
Organizational Impacts: Describe the organizational benefits of each initiative, specifically noting the expected positive impact of completing each. Examples of positive impacts include better alignment to the organization’s mission, vision, and culture statements; increased amounts of funds or resources saved; and improvements to the organization’s brand.
Societal Impacts: Describe the societal benefits of each initiative, specifically noting the expected positive impact of completing each. Examples of positive impacts include increased community building and positive environmental impact.
Customer Impacts: Describe the consumer benefits of each selected initiative, specifically noting the expected positive impact of completing each. Examples of positive impacts include increased alignment to target markets, improved product access and availability, and improved customer satisfaction.
Business Risks: Explain the business risks associated with prioritizing, planning, and resourcing each initiative and how these risks will be considered and monitored.
Operational Management Techniques: Recommend an operational management strategy or technique (e.g., project management, lean manufacturing, or Six Sigma) that is appropriate to implement for each selected initiative, and explain why.
Defining Requirements and Scope: Define the requirements for the successful implantation of each selected initiative as well as the scope of each. Describe how changes to the requirements and scope would impact timelines, budget, and risk.
Roles and Responsibilities: Explain the key internal and external stakeholders who would be involved in planning and implementing each selected initiative, as well as why each identified stakeholder is needed to successfully implement the initiatives.
What to Submit
To complete this project, you must submit the following:
Submit your project using one of the two formats listed below. Please note that your submission should include both Part One and Part Two of your project. For either format, sources should be cited according to APA style.
Written Report: Submit a 1,500- to 1,700-word Word document. Use APA style.
Slideshow Presentation: Submit a 10- to 12-slide presentation with speakers notes. Your slideshow should be submitted as a PowerPoint or PDF document. Example tools that could be used to create your slideshow include:
PowerPoint
Canva
Prezi
Supporting Materials
The following resource support your work on the project:
Reading: Project Preassessment Evaluation Summary
This document presents the results of NationaliTeas’ preassessment for attaining B Corp Certification.
Financial monitoring and control proposal
Project Objectives and Description As you probably know or will learn as the class progresses, some of the management pra ...
Financial monitoring and control proposal
Project Objectives and Description As you probably know or will learn as the class progresses, some of the management practices used in organizations today are not ideally suited for monitoring and controlling project finances. The PMBOK indicates the monitoring and controlling process group “…consists of those processes required to track, review, and orchestrate the progress and performance of the project; identify any areas in which changes to the plan are required; and initiate the corresponding changes”. The process group also involves: (1) “controlling changes and recommending corrective or preventive action in anticipation of possible problems”; (2) monitoring the ongoing project activities against the project management plan and the project performance baseline”; and (3) influencing the factors that could circumvent integrated change control and configuration management so only approved changes are implemented”. (PMBOK, page 57). The objectives of this individual project are twofold: First, to investigate management practices used by your organization and to identify issues that may detract from the organization’s ability to monitor and control project finances.Second, to propose changes to these management practices to help resolve these issues and explain how these proposed changes will optimize project financial monitoring and control efforts.My organization is : Raytheon You will develop a Project Financial Monitoring and Control proposal documenting these efforts, making use of: (1) this course and past project management and financial management coursework; (2) your own professional experience; (3) knowledge and experience resident in your organization; and (4) additional research. The majority of the coursework pertaining to this assignment will be covered in sessions 1 through 5. This assignment is due in session 10. A template for the proposal will not be provided. If it hasn’t happened already, you should expect, at some point in your career, to develop a white paper, a proposal, or some other type of document with only a final objective or two for guidance. You are free to organize the proposal as you see fit as long as the following particulars are included: (1) a statement describing the organization type (e.g., state, local, or federal government, etc.); (2) a discussion of the organization’s business line(s); (3) and a discussion of the organization’s strategic objectives. The organization’s identity shall be masked in the proposal and the proposal shall be free of any proprietary or closely-held company information, as well as any other information that could reveal the organization’s identity. The purpose of any proposal is to sell a product, service, idea, etc. In this case, you are selling a set of recommendations aimed at resolving issues associated with your organization’s ability to monitor and control project finances. Address your proposal to your organization’s decision makers. Put yourself in their shoes on the receiving end of the proposal. What would you want to know? What are you selling?How does it apply to me?Why should I buy it? What benefits do I receive?What actions do I need to take to realize the benefits?How long will it take to realize the benefits?How much will it cost? For the purposes of this assignment, the last two questions (time and cost) should be addressed, at least, in relative terms. A detailed time and cost analysis is not required. However, if you intend to share the outcome with your organization, you might want to consider including a more detailed analysis at some point in time. THERE IS NO REQUIREMENT TO ORGANIZE YOUR PROPOSAL IN THIS FASHION. THIS IS SIMPLY A LIST OF THINGS YOU MIGHT WANT TO CONSIDER WHEN PREPARING YOUR PROPOSAL. Other things to consider: This is not a proposal to do a study to identify issues and propose solutions.One or more past project efforts may be used to illustrate existing issues impacting the organization’s ability to monitor/control project finances. However, the proposal must address the organization’s overall ability to monitor/control project finances.For this assignment, assume at least part of your target audience (the organization’s management) does not understand anything about project management concepts, tools, and techniques or managing project finances.Issues should be narrowly focused. Broadly stated issues typically result in broadly stated solutions. Management may be reluctant to invest time and money unless the scope of the effort is perceived to be manageable. Provide sufficient detail to fully explain the issue and its impact on project financial monitoring and controlling activities (see the third bullet above).Proposed solutions must address the associated issue(s). Sufficient detail must be included to describe how the solution resolves the issue(s) and how the solution is to be implemented (see the third bullet above).There are issues that impact an organization’s ability to complete a project on time and within budget that do not necessarily impact an organization’s ability to monitor/control project finances. Make sure you can articulate a clear connection between the issues you choose and the organization’s ability to monitor/control project finances.The effectiveness of your message can be adversely affected by writing mechanics issues and the clarity of your proposal Project Milestones You will provide two interim milestone reports before submitting your proposal. The purpose of the interim milestone reports is to make sure you are headed in the right direction. Milestone 1 – Explain the project objectives and requirements to decision makers within your organization to gain organizational support for your efforts and access to organizational information (excluding financial data). If you are unable to gain organizational support for your project, choose an imaginary organization. Develop a statement describing the organization type (e.g., state, local, or federal government, etc.); and the organization’s business line(s) and strategic vision or objectives. You may chose the entire organization or a portion of the organization. Report your progress in the Individual Project Milestone 1 discussion forum by Sunday of Session 2. A milestone report template is provided in course content. Milestone 2 - Identify the issues that may detract from the organization’s ability to optimally monitor and control project finances. Put yourself in the shoes of a project manager in your organization. What would you do, starting in the planning phase of the project, to make sure you could successfully monitor and control project finances? What elements of the project management plan or associated planning artifacts would you focus on? Now translate these to the organization level. What must be present (processes, procedures, instructions, practices, tools, training, etc.) to establish a firm foundation throughout the organization for successfully monitoring and controlling the finances of all projects? Where are the holes? Focus your efforts on four to five of the most significant issues. Submit this summary in the Individual Project Milestone 2 discussion forum by Sunday of session 6. A milestone report template is provided in course content. Note: If your organization has no apparent issues with respect to its ability to monitor and control project finances, create some simulated issues. Submit the completed project report in your assignment folder by Sunday of session 10. The project report must be submitted as a MS Word document. Line spacing: 1½; font: 12 point; pages: 15 (maximum). Evaluation You will be evaluated on: The organization and content of the completed project report. Does it tell a complete and compelling story in a logical and readable manner? Are issues clearly linked to project financial monitoring/controlling activities? Is sufficient detail provided to clearly explain the issue and its impact on project financial monitoring/controlling activities?Adherence to project milestones and other assignment requirementsCorrect application of financial management concepts, tools, and techniquesCorrect application of project management concepts, tools, and techniquesRationale for proposed solutions. Are solutions clearly linked to associated issues? Is sufficient detail provided to clearly describe how the solution resolves the issue(s) and how the solution is to be implemented?Feasibility of proposed solutions with respect to their associated issue(s).Writing mechanics and adherence to APA standards
6 pages
Ren And Other Key Concepts Of Confucian
Confucius considered Ren as the true path of achieving individual happiness Ren is considered a sum of all virtues within ...
Ren And Other Key Concepts Of Confucian
Confucius considered Ren as the true path of achieving individual happiness Ren is considered a sum of all virtues within people and the foundation of ...
need a 10 slide ppt on basic internet infrastructure for 2 countries
Choose two countries (excluding the United States), and prepare a presentation that explains their basic Internet infrastr ...
need a 10 slide ppt on basic internet infrastructure for 2 countries
Choose two countries (excluding the United States), and prepare a presentation that explains their basic Internet infrastructure. Discuss the origins and key technologies behind the Internet for your chosen countries. Include their public and commercial infrastructures and their backbone connectivity to the Internet. Create a graphic illustrating a common or best practices Internet infrastructure, and utilize it in your presentation.
You must elaborate on the information provided on each slide. To do so, you can either utilize the speaker notes function within PowerPoint to summarize and/or explain the slides’ contents, or you can record voice narration for each slide.
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