We have learned on how to do strategic planning. Building on the knowledge you have acquired, you are required to create corporate mission, vision, objectives, strategies, targets, and Key Performance Indicators (KPIs). By following the conventional strategic planning process, start by conducting environmental scanning and outline several strategic factors which emerged from the same. Remember, all the objectives created must fall within the types of objectives we learned in the classroom (e.g., CSR, profit maximization/revenue maximization, growth, survival, etc. For those who are going to choose non-profit organization, create different kind of objectives. You may have a real or an imaginary organization. NAME OF THE COMPANY.. INDUSTRY... 1. Strategic factors/critical issues emerged from environmental scanning External factors (1). (ii) (iii). (iv) (v).. You may add more Target Internal factors (1). (ii). (i). (iv). (v). 2. Mission.... Strategic Objective (from each of the types of objectives) Strategy Policy (Guide to implementation of the strategy) KPIS BUS 5204-STRATEGIC BUSINESS MANAGEMENT TERM PAPER (25%) REQUIREMENTS: We have learned on how to do strategic planning. Building on the knowledge you have acquired, you are required to create corporate mission, vision, objectives, strategies, targets, and Key Performance Indicators (KPIs). By following the conventional strategic planning process, start by conducting environmental scanning and outline several strategic factors which emerged from the same. Remember, all the objectives created must fall within the types of objectives we learned in the classroom (e.g., CSR, profit maximization/revenue maximization, growth, survival, etc. For those who are going to choose non-profit organization, create different kind of objectives. You may have a real or an imaginary organization. NAME OF THE COMPANY.. INDUSTRY. 1. Strategic factors/critical issues emerged from environmental scanning External factors (1)............ (ii).. (iii). (iv). (v). You may add more Internal factors (1). (ii). (iii). (iv).. (V).. 2. Mission..... 3. Vision....... Strategic Objective (from each of the types of objectives) Strategy Policy (Guide to implementation of the strategy) Target KPIS
Answers
Strategic planning is a process of setting the business direction and identifying the methods to attain the set objectives. The process of strategic planning includes environmental scanning, identifying strategic factors, corporate mission, vision, objectives, strategies, targets, and Key Performance Indicators (KPIs).
Name of the company: McDonald’sIndustry: Fast food restaurant Key Performance Indicators
1. Strategic factors/critical issues emerged from environmental scanningExternal factors: Economic factors- Increase in inflation rates, Increase in labor costs, and low disposable income. Political factors- Political instability, Changes in regulations and taxation laws.
2. Mission: To serve delicious and healthy food to people globally by following the highest standards of quality, service, and cleanliness.
3. Vision: To be the largest and most successful fast-food chain in the world.
Strategic Objective for Key Performance Indicators : To develop a sustainable environment and minimize the impact on the environment by producing environmentally friendly products, ensuring proper waste disposal and recycling, and minimizing carbon footprint.
Strategy: To introduce more healthy and vegan options in the menu to cater to the changing food choices of consumers. This is called Strategic planning
Policy: To promote the use of eco-friendly and recyclable materials for packaging and delivery.
Target: To achieve a 10% increase in the sales of the new vegan and healthy options by the end of the year.
Key Performance Indicators (KPIs): Net profit, Customer satisfaction ratings, Employee satisfaction ratings, Rate of employee turnover, and Environmental impact scores.
Social factors- Lifestyle changes, Health consciousness among people, Increase in number of individuals who prefer eating healthy food technological factors- Adoption of online and mobile app delivery systemsInternal factors: Employee training, Development and management techniques, Promotions and salary hikes, Financial constraints, Inventory management
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Related Questions
only anwer, no explanation
Suppose Mexico is a major trading partner of Canada. A sudden decrease in the average income of Mexican consumers is most likely to cause: O a downward movement along the demand curve for Canadian dol
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The sudden decrease in the average income of Mexican consumers is most likely to cause the demand curve for Canadian dollars to shift to the left. The Option B.
How does the decrease affect the demand for Canadian dollars?When the average income of Mexican consumers decreases, it typically leads to a decrease in their purchasing power. As a result, Mexican consumers may reduce their imports from Canada, which would reduce the demand for Canadian goods and services.
This decreases the demand for Canadian dollars as Mexican businesses and individuals need fewer Canadian dollars to make payments for imports. Consequently, the demand curve for Canadian dollars would shift to the left, reflecting the decrease in demand caused by the decline in Mexican consumers' average income.
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Determination of whether a legal entity is a variable interest entity Assume a Legal Entity's capital structure consists of the following accounts: Short-term note payable $60,000 Long-term note payable 21,000 Mandatorily redeemable preferred stock 85,000 Common stock 30,000 Additional paid-in capital 60,000 Retained earnings 20,000 Total liabilities and equity $276,000 Note that FASB ASC 480 ("Distinguishing Liabilities from Equity") requires mandatorily redeemable preferred stock to be classified as a liability for financial reporting purposes. Unless otherwise indicated, each of the following parts of this question is independent: What is the maximum amount of expected losses that the Legal Entity can expect to sustain without being considered a variable interest entity (VIE)?a. $276,000 b. $131,000 c. $195,000 d. $110,000
Answers
The correct answer is b. $131,000.
A legal entity is considered a variable interest entity (VIE) if it has one or more of the following characteristics:-
It has insufficient equity to finance its activities without additional subordinated financial support from other entities.It has equity investors that cannot make significant decisions about its activities or do not have the obligation to absorb its expected losses or receive its expected residual returns. It has a disproportionate relationship between its voting rights and its economic interests. In this case, the Legal Entity's total liabilities are $166,000.Therefore, the maximum number of expected losses that the Legal Entity can expect to sustain without being considered a VIE is $131,000. If the Legal Entity's expected losses exceed this amount, it would be considered a VIE because its equity investors would not have the obligation to absorb its expected losses.
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Which document is also called as charter of the company
(i)
i MOA
Ú) Prospectus
Cij AO A
(W) Registration contificate
Answers
Answer:
a. Memorandum of Association
Explanation:
Memorandum of Association is the document also called the charter of the company. Memorandum of Association is the document created and formed during the registration and the formation of a limited liability company. Memorandum of Association defines the overall relationship with all the shareholders of the company and it is used to showcase the legal existence of a company.
If you want a brainly and a free virtual hug give me the correct answer
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Suppose you had a vector layer of road data (lines), a vector layer of for-sale property parcels (polygons), and a vector layer of coffee shop locations, and the ability to produce a drivetime layer. Describe how you might use this data to identify the best parcel for a new coffee shop.
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To identify the best parcel for a new coffee shop, we can use a combination of the road data, for-sale property parcels, coffee shop locations, and the drivetime layer.
Firstly, we can use the road data to identify the areas with high traffic flow, such as major roads or highways. This information can help us identify areas with a high potential for foot traffic and thus, a high demand for coffee shops.
Next, we can overlay the for-sale property parcels layer and filter it to only show parcels within the identified high traffic flow areas. We can also filter it to show properties that are zoned for commercial use, as we are looking for a parcel for a new coffee shop.
Then, we can overlay the coffee shop locations layer and filter it to show areas where there are no or few coffee shops. This can help us identify areas with a potential market for a new coffee shop.
Finally, we can use the drivetime layer to determine how far customers are willing to travel to reach a coffee shop. We can overlay the drivetime layer onto the map and use it to identify areas that are within a 5 or 10-minute drive from the identified high traffic flow areas and have few coffee shops.
Combining all these layers and filtering the data, we can identify the best parcel for a new coffee shop – an area with high traffic flow, few coffee shops, within a short driving distance, and zoned for commercial use.
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Careers in the Public Service cluster can help make a difference in the world but they can be tough careers to work in. Describe what a person who would love working in this field may be like.
Answers
Answer:
Working in public sector requires alertness, assertiveness, intelligence, and emotional stability in any individual
Explanation:
Career in public sector services require lot of efforts and determination along with passion for working for the betterment of the society.
A person must love to take up challenges of every day life, must be compassionate towards their fellow country mate, must be intellectual, emotionally intelligent and along with that must have control on their feeling, vocals speeches, or any social media remarks.
the process includes the physical handling and distribution of goods, the passage of ownership (title), and the buying and selling negotiations between producers and middlemen and between middlemen and customers. question 40 options: logistics marketing channel distribution control
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The process described in the question is known as a marketing channel or distribution channel. A marketing channel refers to the pathway through which goods and services move from producers to customers. It includes all the intermediaries involved in the process of getting products to the end-users, including wholesalers, retailers, agents, and brokers.
The physical handling and distribution of goods is a critical component of the marketing channel. This involves the transportation, storage, and handling of goods as they move through the channel. It is essential to ensure that the products reach their intended destination in a timely, efficient, and cost-effective manner.
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Luke owns several relatively new business suits that he enjoys wearing. one day at the office, he notices an especially attractive suit worn by a coworker and decides he needs to buy a new suit. as described in this chapter, what type of problem recognition has taken place
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Based on the given scenario, it can be said that Luke has experienced a "stimulus-driven problem recognition" while noticing an attractive suit worn by his coworker. Stimulus-driven problem recognition occurs when a consumer's attention is drawn to a particular product or service due to an external stimulus, such as an advertisement, a recommendation from someone else, or simply observing someone using a product. In this case, the coworker's attractive suit acted as a stimulus that grabbed Luke's attention and made him realize that he needed a new suit.
Stimulus-driven problem recognition is one of the three types of problem recognition that can occur in the consumer decision-making process. The other two types are "internal search" and "need-driven problem recognition." Internal search occurs when a consumer realizes a problem through his or her own past experiences and knowledge, while need-driven problem recognition occurs when a consumer experiences a gap between his or her desired and actual state of being.
In conclusion, Luke's problem recognition can be categorized as a stimulus-driven problem recognition, where an external stimulus triggered his need to buy a new suit. As a result, he might start looking for information and evaluating alternatives to find the most suitable suit that fits his preferences and budget.
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Helena is only a couple months into running her nail salon business and she
has just paid all of her expense for the month. She made $5,000 for the
month of June and her expenses totaled about the same. Which term best
describes this occurrence?
A. Return on investment
B. Break-even point
C. Survival pricing
D. Markup plan
Answers
Answer:
B. Break-even point
Explanation:
APEX
The given situation can be best described as the Break-even point. Hence, Option B is correct.
What does Break-even point mean?
In economics, business, and particularly cost accounting, the break-even point is the point at which total cost and total income are equal, or "even."
Although opportunity costs have been paid and capital has received the risk-adjusted, projected return, there is no net loss or gain, and one has "broken even."
The break-even threshold is reached when overall costs and total revenues are equal, leaving small firm with no net benefit or loss. In other words, when an individual achieved the point in production where the revenue from a product equals the cost of manufacture.
Therefore, Option B is correct as the expenses and income both are same in the month of June.
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the worthingtons love to travel, so when they retired they sold their house and purchased a motor home valued at $165,000. they tow their car, valued at $32,000 behind their motor home when they travel
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The Worthingtons retired and sold their house to purchase a motor home worth $165,000. They also tow their car valued at $32,000. Their total travel setup, including the motor home and car, has a value of $197,000.
Let's break down the calculations step by step
The value of the motor home: $165,000
The value of the car: $32,000
To calculate the total value of their travel setup, including the motor home and the towed car, we add these two values:
Total value = Value of motor home + Value of car
Total value = $165,000 + $32,000
Total value = $197,000
Therefore, the total value of the Worthingtons' travel setup, including their motor home and towed car, is $197,000.
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--The given question is incomplete, the complete question is given below "the worthingtons love to travel, so when they retired they sold their house and purchased a motor home valued at $165,000. they tow their car, valued at $32,000 behind their motor home when they travel. Find their total travel setup value? "--
Your older sister is planning on saving money by paying her bills, spending money on fun, and then saving whatever is leftover. Why is this not the best option for saving her money?
Answers
Answer:
spend money on bills first then food then save the leftover money for later
Suppose Pepsi-Cola which includes Mount dew and several other sodas purchase Coca-Cola and cokes families of sodas to form one large metal company what do you believe would happen to the price of sodas in the United States
Answers
as a business grows, it is important to support the business's strategy and processes by creating reporting relationships, job design, and information flow through its ______.
Answers
As a business grows, it is crucial to support its strategy and processes by creating reporting relationships, job design, and information flow through its organizational structure.
A growing business needs to establish a robust organizational structure to effectively manage its operations, strategy, and processes. An organizational structure helps define reporting relationships, which enable smooth communication, collaboration, and decision-making among employees. Clear job design within the structure ensures that employees understand their roles, responsibilities, and expectations, leading to enhanced productivity and job satisfaction.
Furthermore, an efficient information flow within the organizational structure allows the business to adapt and respond to changes rapidly, facilitating informed decision-making. By designing and maintaining an appropriate organizational structure, a business can support its growth, remain competitive, and ultimately achieve its strategic objectives.
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how to know when to ask a girl show work
Answers
Answer:
ummm what do u meannn just be can u show ur work
Explanation:
You will still be able to get public broadcasting whether or not you contribute to their fundraising campaign. You decide not to contribute. What is this an example of?
A. a public-sector problem
B. an externality problem
C. a public-good problem
D. a free-rider problem
Answers
Answer:
D. a free-rider problem
Business Application Identify the common testing procedures for the SDLC implementation at your organiza- tion. Evaluate whether they address the need for security with passive system code scanning. Evaluate the need for penetration testing and whether this has been done in the past. If penetration testing is not part of the SDLC process at your organization, identify a feasible solution for actively testing new software systems for compromise.
Answers
The Software Development Life Cycle (SDLC) is a methodology used for developing information systems and software applications. It encompasses several stages, each with its own testing procedures to ensure application quality. These stages include planning and requirements, design, implementation and development, and maintenance. Evaluating the testing procedures for security is crucial to enhance application security and integrity. This evaluation includes passive system code scanning, penetration testing, and actively testing new software systems for compromise.
1 ) Passive System Code Scanning:
- Passive code scanning is currently not included in the testing procedures.
- Incorporating passive code scanning is necessary to analyze software code for vulnerabilities and weaknesses.
- Passive code scanning enhances security by detecting potential exploits that could be used by hackers.
2 ) Penetration Testing:
- Penetration testing simulates real-world cyberattacks to assess application security.
- It is an essential step in the SDLC testing procedures.
- Penetration testing identifies vulnerabilities and weaknesses.
- If not previously conducted, it is crucial to include penetration testing in the SDLC to ensure application security.
3 ) Feasible Solution for Actively Testing New Software Systems for Compromise:
- The recommended approach is to employ a third-party penetration testing service.
- Third-party penetration testers specialize in testing software applications for vulnerabilities.
- They conduct comprehensive testing and provide detailed reports on weaknesses and vulnerabilities.
- Using a third-party service ensures active testing of new software systems to prevent compromise.
By following these testing procedures, organizations can enhance the security and integrity of their software applications. Incorporating passive code scanning, conducting penetration testing, and utilizing third-party services for active testing are vital steps to ensure application security throughout the SDLC.
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Which basic economic goals would be achieved easily in a traditional economy and which goals would be difficult to achieve? Explain by connecting traditional economy characteristics with the economic goals.
Answers
Answer:Needs are met and wants cannot be met.
Explanation:
In a manufacturing company , the budget details the raw materials that must be purchased to fulfill the production budget and to provide for adequate inventories . ( enter only one word per blank )
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In a manufacturing company , the direct materials budget details the raw materials that must be purchased to fulfill the production budget and to provide for adequate inventories.
Components that go into a manufactured good are known as direct materials. For instance, the direct materials used in the creation of a smartphone are the screen, integrated circuits, camera modules, and buttons. Direct material refers to the tangible components that make up a production. For instance, water are direct materials for a baker. Cost accounting uses the direct materials concept to categorize this cost independently for various forms of financial analysis.
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skinderma, a popular skincare company, apologized to all its customers when a large number of its products were tested positive for banned substances. however, the company failed to take any further action as against the expectations of its customers. this is an example of a(n) .
Answers
To the dismay of its clients, the corporation did not, however, take any more action. An illustration of a defensive strategy is this.
A marketing approach known as a defensive strategy aids businesses in keeping hold of valuable clients who may otherwise be attracted by rival businesses. Competitors are businesses that operate in the same industry or that cater to the same clientele and provide comparable goods.
To repel aggressive attacks is the goal of a defensive company strategy. You face a serious issue since you put your company at danger if you don't have a defensive strategy or if you can't halt an attack.
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2008 1 Mar Started business with $1,000 cash.
credit or debit
Answers
Answer:
The cash a/c is debited as it is an asset for the business and the capital a/c is credited as it is a liability for the business according to the business entity concept.
The class will be divided into five groups. With the teacher's guide, each group should suggest a business that they want to put up. Each group should then justify their choice of business. Each group will discuss among the members the environment that should be studied in terms of the location they decided to choose. Based on the environmental analysis, the group members should identify all the factor that need to be studied in the specific environment/location.
Answers
Each group will suggest a business idea and justify their choice based on their interests, market demand, and potential profitability. They will then discuss the specific location for their business and conduct an environmental analysis to identify factors that need to be studied.
In the first paragraph, each group can briefly mention the type of business they want to put up, such as a restaurant, tech startup, clothing boutique, fitness center, or any other business idea that interests them. They should provide a concise justification for their choice, highlighting factors like market demand, personal passion, unique selling proposition, or potential profitability.
In the second paragraph, the group members will discuss the specific location for their business and conduct an environmental analysis. They need to identify and examine various factors that can influence the success of their business in that particular location. This analysis can include factors such as local competition, target market demographics, economic conditions, regulatory environment, infrastructure, availability of resources, cultural considerations, and any other relevant factors. By studying these environmental factors, the group can gain insights into the opportunities, challenges, and potential risks associated with their chosen location.
Overall, the aim is for each group to select a business idea that aligns with their interests and has potential in the market. They should then analyze the specific location's environmental factors to make informed decisions and develop strategies that maximize their chances of success. This exercise helps students understand the importance of market research, environmental analysis, and strategic planning in business development.
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The name used to identify a reduction made from the original selling price.
Question 8 options:
a)
Cut Rate
b)
Markdown
c)
Decrease
d)
Markup
Answers
What does the word cost mean in the context, "understanding their costs and
income, budgeting to ensure all their expenses are covered is a financially
tsresponsible behavior"?
Answers
In the context of the statement, "costs" refers to the expenses incurred by an individual or organization.
What is meaning of cost as used?Cost as used can include fixed expenses, such as rent or mortgage payments, and variable expenses, such as food or transportation costs.
When the statement says "understanding their costs and income," it means understanding all of the expenses that need to be paid, as well as the amount of money coming in, such as from a salary or business profits.
The idea is that budgeting to ensure all costs are covered is a financially responsible behavior, because it helps ensure that all bills are paid and debts are managed, without overspending or accruing unnecessary debt.
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Why should you avoid leaving your idle
cash sitting in a bank?
A. You will not be able to access it quickly.
B. Your money will not be growing as rapidly as if you used
another option.
C. You will be required to pay a high interest rate.
Answers
Explanation:
Leaving idle cash sitting in a bank will result in an inactivity fee, which technically is considered interest.
Savion is restoring a car and has already spent $4,000 on the restoration. He expects to be able to sell the car for $5800. Savion discovers that he needs to do an additional $2,400 of work to make the car worth $5,800 to potential buyers. He could also sell the car now, without completing the additional work, for $3,800. What should he do?.
Answers
Based on the selling price of the car and the cost to work on it, Savion should sell the car now for $3,800.
Why should Savion sell the car?The profit if he works on the car is:
= Selling price - Addtional work cost
= 5,800 - 2,400
= $3,400
The profit from selling the car is $3,800 which is more than the profit if additional work is done of $3,400.
The $4,000 is irrelevant as it is a sunk cost.
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Question 1 of 3
The bank limits deposits to $200 per day. Ash has $300
to deposit. What should she do?
Select a response.
A Make multiple deposits over a few days
B Not agree to the Terms and Conditions
Answers
According to the information provided, Ash should make several deposits spread out over a few days. Thus option A is correct.
Ash can divide the deposit into two separate transactions because the bank only allows deposits of $200 per day and she has $300 to deposit. She is permitted to deposit $200 on the first day and the final $100 on the second day.
She will be able to successfully complete her deposit and stay inside the bank's deposit cap with this method. The correct response is, "Make several deposits over a few days."
Therefore, option A is appropriate.
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Product enhancements
A) do not really change the basic product.
B) include guarantees and warranties.
C) include features and options
D) reduce the number of target markets one product can satisfy.
Answers
Answer:
C or A
Explanation:
I could answer better with more context
Gary has to stay late at the office to complete a project with an upcoming deadline. Furthermore, while he's working late, his boss emails him to inform him that the upcoming meeting for the project has been moved to the same time as his daughter's soccer game. Now Gary cannot attend his daughter's soccer game because of the work meeting. What kind of work-family conflict (WFC) is Gary experiencing
Answers
Answer:
time-based
Explanation:
From the question we are informed about Gary who has to stay late at the office to complete a project with an upcoming deadline. Furthermore, while he's working late, his boss emails him to inform him that the upcoming meeting for the project has been moved to the same time as his daughter's soccer game. Now Gary cannot attend his daughter's soccer game because of the work meeting. In this case, kind of work-family conflict (WFC) Gary is experiencing is Time-based.
Time-based conflict can be regarded as the conflict that comes up as a result of devoting a time for a role which makes it to be difficult to be able for someone to participate in role different from first role.
1,
Assume you are an engineer working for a chemical production company. You are on the technical team that is responsible for deciding what to do about the dangerous chemical that your company is using to produce its best-selling chemical product. Recent reports have just made known the dangers of this chemical, and the company now needs to decide how to proceed. There are several options to consider: stop producing the harmful product altogether and take a hit on total profits; continue to make the product and sell it, like nothing's wrong, since the federal government has not cracked down. You could also spend money and engineering efforts in R&D to develop a safe chemical that would take its place. There is no guarantee that this would happen any time soon, but the scientists think it is realistically possible. To make matters worse, your biggest competitor produces this harmful product off-shore and is not hampered by the US regulations. If you stop producing this product altogether, the financial positions of the company would be at risk to some extent. Additional marketing efforts would have to be made to sell other products to gain back the lost revenue and profits.
Consider the possible decisions and the ethics of this situation. Take into account, safety, costs, profits, competition, etc. Discuss what you would propose as a member of the decision team and why you would propose it.
2. Six years ago when the relative cost index was 50, a 15 MW power generation facility cost $10M to build. Today the cost index is 80. What would the cost be to produce a 45MW facility today if the power sizing factor is 0.7?
Answers
While the competitor producing the harmful product offshore may seem like a threat, investing in R&D to develop a safe alternative could actually give the company a competitive advantage in the long run, as it would demonstrate the company's commitment to safety and responsibility. The cost to produce a 45 MW facility today would be approximately $22.24 million.
1. As an engineer on the technical team responsible for deciding what to do about the dangerous chemical, I would propose that the company invests in R&D to develop a safe chemical that would take the place of the harmful chemical. While this option may be costly and time-consuming, it is the most ethical choice as it prioritizes the safety of both the workers and the consumers. In addition, it would also ensure the company's compliance with future government regulations and eliminate any potential legal and financial risks associated with the use of the harmful chemical.
Continuing to produce and sell the harmful product without making any changes would be unethical and could potentially harm workers and consumers, leading to legal and financial repercussions. Stopping production of the product altogether could also have negative financial consequences, but with a strategic marketing plan, the company could mitigate these risks and eventually recover from any losses.
2. To calculate the cost of producing a 45 MW facility today, we can use the following formula:
Cost of new facility = Cost of old facility x (Cost index new / Cost index old) x (Size new / Size old) ^ sizing factor
Plugging in the given values, we get:
Cost of new facility = $10M x (80 / 50) x (45 / 15) ^ 0.7
Cost of new facility = $10M x 1.6 x 1.81 ^ 0.7
Cost of new facility = $10M x 1.6 x 1.39
Cost of new facility = $22.24M
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People in the first (or beginning) level of management in a company are known as?
Answers
Answer:
people in the first or beginning level of management in company known as "supervisors"