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Why is employee training and development an important business strategy? 

Assignment Questions

2 pages. given below are the questions and attached the readings link. You must use them. Due in 24 hours

Assignment Content

1. Why is employee training and development an important business strategy? 
2. How would you differentiate training and development?
3. What are some of the areas where organizations fail to achieve success with their training initiatives?  
4. Which adult learning principle resonated with you based on your own adult learning experience?
5. What do you see as the key elements in ensuring organizations are successful in executing development programs?

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Business Portfolio Analysis

As an individual assignment, you will be challenged to create a one-year Marketing Plan for an existingstore or company. The components that are critical to the assignment’s success (and should beaddressed in your paper) are: 1. Executive Summary 2. Company Description 3. Strategic Focus 4. Situation Analysis 5. Business Portfolio Analysis 6. Market Product Analysis 7. Market and Product Goals 8. Marketing Mix 9. Implementation Plan 10. Monitoring and EvaluationWhen grading this assignment, the following issues will be taken into account (where applicable):** Format and presentation: This would cover the following areas: o Clarity in writing- clear, concise, writing style o Grammatical and spelling errors o Adhering to the prescribed format and page limit: a maximum of ten pages, double spaced (excluding the title page and a reference page), 12-point Times New Roman text and one-inch (2.54 cm) margins o Creativity in presenting results – creativity in writing, layout, graphs, etc.** Logical reasoning and analysis: This would cover the following areas: o Presenting logical and relevant arguments o Consistency – be consistent throughout the report o Show an understanding and application of marketing concepts discussed in the class o Thoroughness – cover all the important aspects of the project o Sufficient information collected (if applicable)** Recommendations/ conclusions: This would cover the following areas: o Relevance of recommendations/ conclusions o Recommendations supported by information given in the project o Practical implications of the recommendations- can be implemented and has relevance in the real world

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A small business that is using social media, such as Facebook, Twitter, or LinkedIn, to promote their products or services

Respond to the following in a minimum of 175 words:

Find an example of a small business that is using social media, such as Facebook, Twitter, or LinkedIn, to promote their products or services.

Give some advantages and disadvantages this company’s use of social media.

How effective do you think this strategy is? Why? What is one thing would you recommend the business due to enhance its social media results?

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Descriptive statistics for business analysis

Competencies

In this project, you will demonstrate your mastery of the following competencies:

  • Use descriptive statistics for business analysis
  • Perform regression analysis to address an authentic problem
  • Apply statistics in the business environment

Overview

You have been hired as a consultant by a large hospital chain. As part of its expansion plan, the organization wants to open a new hospital in a small- to medium-sized town (with a population of 10,000–50,000). Previously, senior management hired a market research firm to do an initial feasibility analysis. The firm presented the management team with two options:

  • Option A: Open a small facility of 90–100 beds.
  • Option B: Open a medium-sized facility of 300–350 beds.

The hospital’s vice president of operations and finance has tasked you with doing an in-depth analysis to determine which of the two options will be the most profitable, given the expense range of $55–$75 million. The hospital has provided you with a data set that contains data about admissions, personnel, and hospital beds, and attributes of the data such as outpatient visits, births, total expense, and census information.

PromptPart 1: Data Analysis Workbook

Analyze the data from the provided Hospital Data Set (linked below) and identify current and future trends and patterns in operations.

  1. Descriptive Analysis: Open a new Excel file and title it Data Analysis Workbook. In the workbook, create a sheet titled P1_Descriptive Analysis. Present descriptive statistics (mean, median, standard deviation, and range) in a table for four attributes from the data set.
  2. Analyze the current hospital data to identify trends and patterns in hospital admissions and costs.
  3. Outliers: Identify any outliers that you see and explain how they have an impact on the overall admission and expense trends. Outliers are the data points that can have an impact on your averages and basic descriptive analysis.
  4. Identify future trends and attributes that impact expenses and admissions by adding new sheets to your Data Analysis Workbook per the descriptions below.
    1. Perform two bivariate regressions to provide recommendations.
      1. For the first bivariate regression, the dependent variable should be Total Expense. Choose an independent variable from one of the remaining attributes.
      2. Create a sheet titled P2_1st_Bivariate_Regression in your Data Analysis Workbook.
      3. For the second bivariate regression, the dependent variable should be Admissions. Choose an independent variable from one of the remaining variables.
      4. Create a sheet titled P2_2nd_Bivariate_Regression in your Data Analysis Workbook.
      5. What would be the right attribute size (independent variable) seems most appropriate to lead you in the expense range of $55–$75 million?
    2. Perform two multivariate regressions to provide recommendations.
      1. For the first multivariate regression, the dependent variable should be Total Expense (the column in the data set). Choose two independent variables from one of the remaining attributes.
      2. Within your Data Analysis Workbook, create a sheet titled P2_1st_Multi_Regression.
      3. Which combination of the attributes seems most appropriate to lead you in the expense range of $55–$75 million?
      4. For the second multivariate regression, the dependent variable should be Admissions (the column name in the data set). You should choose two independent variables from one of the remaining attributes.
      5. Within your Data Analysis Workbook, create a sheet titled P2_2nd_Multi_Regression.
      6. Which combination of the attributes would seem appropriate that would lead you in the expense range of $55–$75 million?

Part 2: Final Recommendation Analysis PowerPoint Presentation

Create a presentation designed for senior management and the board of directors to share the results of your analysis and provide your final recommendation.

Guidelines for Submission

To complete this project, you must submit the following:

Supporting Materials

The following resources support your work on the project:

Data Set: Hospital Data Set

Use the following two sheets:

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Chonghaejin Maritime Company and business man Yoo? 

Requirements: Identify the question you decide to answer at the top of your post. Prompt responses should answer the question and elaborate in a meaningful way using 2 of the weekly class readings (250 words of original content). Do not quote the readings, paraphrase and cite them using APA style in text citations. You can only use ONE multimedia source for your minimum 2 sources each week. The readings must be from the current week. The more sources you use, the more convincing your argument. Include a reference list in APA style at the end of your post, does not count towards minimum word content

Briefly describe the issues surrounding the sinking on the Sewol and describe 3 Disaster Management actions that could have prevented the tragedy. What were the repercussions for the captain, the Chonghaejin Maritime Company and business man Yoo? 

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Identify the business benefits of an enterprise data warehouse

Instructions

create a PowerPoint presentation on data warehousing and data mining. Your presentation must include the following information:

  • Identify the business benefits of an enterprise data warehouse.
  • Describe the major components of the data warehousing process.
  • Annotate the fundamental characteristics of data warehousing.
  • Identify the 10 factors that potentially affect the architecture-selection decision for data warehousing architectures.
  • Identify and discuss the major characteristics and objectives of data mining.
  • What are the four major types of patterns that data mining seeks?
  • Discuss and identify at least four of the business data mining applications.
  • List the major data mining processes.

Your presentation must be a minimum of 10 slides, not including the title slide and reference slide. You may use various sources, including your textbook. Be sure to cite any sources used on the reference slide with proper APA formatting. You may also use the slide notes function to explain slide contents as necessary

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  • Identify the business benefits of an enterprise data warehouse

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    Establish a cookie business selling only one type of specialty cookie with two employees making the cookies

    Cookie Business

    In this project, you will be opening your own specialty cookie company to see how product costing methods and changes in production affect business decisions. You will be creating a series of reports and analyzing the results using the template provided to guide you through the project.

    The learning objectives of this project are as follows:

    1. Gain an understanding of product costing (direct materials, direct labor, and overhead).

    2. Review job order costing.

    3. Review process costing.

    4. Make business decisions based on analyzing accounting data.

    You will prepare a four- to five-page written report (including spreadsheets) with at least two scholarly sources using the   Unit II Project Template  . Your report will provide the following information:

    Introduction

    Part 1: Establish a cookie business selling only one type of specialty cookie with two employees making the cookies.

    · Create a name and establish a location for the business.

    · Construct a mission statement for the business.

    · Decide on the type of cookie you want to make and sell.

    Part 2: Develop costing and sales information for 1,000 cookies.

    · Estimate and explain the cost per cookie based on job order costing (manufacturing overhead is 30% of direct labor costs). Prepare a job order cost sheet by researching and identifying the top five ingredients and their estimated costs as your direct materials. Research and identify the cost of wages for your two employees as your direct labor. It typically takes two days to make 1,000 cookies.

    · Estimate and explain the cost per cookie based on process costing with 40% conversion costs. Identify the top three processes you feel are needed to make the cookies and prepare a production cost sheet for one of those processes.

    · Estimate and explain the sales price you plan to set per cookie based on the cost data.

    Part 3: Compare and contrast the costing methods used in this project, including which you believe provides the most useful information as a manager.

    Part 4: Discuss what will happen to revenue if the number of the cookies sold increases or decreases.

    Conclusion and Recommendations

    Use the   Unit II Cookie Project Spreadsheet Templates  for your job order, and process costing spreadsheets to be embedded in your case study document.

    Be sure to use APA formatting throughout and reach out to the Writing Center or the Library for assistance with research, writing, and formatting. Include at least two resources from the CSU Online Library in your report

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    A real-world business problem as it presents the case of AUDI AG and its attempts to implement big data analytics in its organization

    The attached pdf file introduces a real-world business problem as it presents the case of AUDI AG and its attempts to implement big data analytics in its organization.

    For your first individual case analysis, you need to critically analyze this case study, summarize the key idea, discuss the IT challenges and present your recommendations. This analysis should be done individually not in groups, so each student should do the analysis by themselves.

    This report will be organized as follows:

    1.       Introduction – Short summary of the business problem. This section will also include a background of the organization.

    2.       Challenges – Provide for a brief description of the challenges that the organization is facing and how they are planning to address them. This section will provide the audience with a picture of how the organization is planning to address some of the challenges.

    3.       Change Management – Discuss how change is being managed by the organization. 

    4.       Recommendations – Discuss what you would have done differently and why.

    5.       Conclusions – Discuss the lessons learned and the key messages that you would like the audience to take away.

    The report should not be more than 1000 words

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    develop a budget for a business idea presented in unit 4, projecting costs associated with the venture

    Objectives

    On successful completion of this assessment, students should be able to:

    • develop a budget for a business idea presented in unit 4, projecting costs associated with the venture,
    • analyze the funding need and provide breakdown of appropriate cost centers, and
    • identify the profit or loss for the venture in year one and show when the business will be profitable.

    Brief Description

    The assignment requires the completion of a budget to project costs associated with the new venture and will be used as a guide in terms of how much funding is needed to launch the business. The budget statement should reference the business opportunity submitted in unit 4. The budget statement will be augmented with notes to explain the choices and projections.

    Submission Instructions

    Write a paper including the budget for your idea from unit 4. Each paper should include an introduction and conclusion, should be 4-6 pages (double spaced), 2.54 cm margins (the default on MS Word), and 12 pts size . The paper should include notes to accompany and explain the budget decisions and budget lines. The paper should follow the APA guidelines for format and citation. In your assignment you should:

    1. Identify the problem the venture will address and its scope.
    2. Support claims about the problem with appropriate sources, including at least three academic sources such as books, juried articles found in the YU library.
    3. Demonstrate the validity of the idea and identify what makes this a true opportunity.

    Unit 4 means the file which is attached to this question. Please must review it

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  • develop a budget for a business idea presented in unit 4, projecting costs associated with the venture

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    explain managerial concepts as they pertain to business process costing

    Business Process Costing
    For this assignment, you will explain managerial concepts as they pertain to business process costing. You will select a business process, describe the inputs and outputs, and define the job roles. In your paper, you will evaluate the current process effectiveness, estimate the cost of the process, and propose any improvements for management’s consideration. Be sure you have reviewed the assigned chapters and required unit resources on business process management.
    Instructions:
    Consider a business process using a firm with which you are familiar. Business processes include the following tasks:
    developing and managing products and services,
    marketing and selling products and services,
    managing customer service,
    developing and managing human capital, and
    managing information technology.
    Once you have identified the firm and business process, select, describe, and discuss the business process by elaborating on the following information:
    what starts and what ends the process (inputs and outputs),
    what roles (jobs) participate in the process (map them),
    the effectiveness of the current process,
    the cost of the process (document any assumptions), and
    any improvements for management consideration.
    Your paper should be written in a Word document and should be a minimum of three pages in length. You should include at least two resources to support your paper. Adhere to APA Style when creating citations and references.

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