Supply Chain For Manufacturing Facilities Essay - 911 Words

Supply chain for manufacturing facilities includes everyone remotely linked with the product, including distributors and suppliers. From the person who gets original wood from a tree to the company that delivers the finished desk to the store: they all need to effectively fit under the supply chain management umbrella. Strong supply chain management can improve a brand#39;s reputation both with consumers and business partners, including financial backers. World renowned Nike company does not own all the products manufactured, but all outsourced to other manufacturers out of manufacturing, Nike has taken in the production of a virtual strategy, they are only responsible for the design and marketing, by means of a good inventory control system and system of overseas sales, Nike worldwide has made remarkable achievements. Enterprise supply chain management and control refers to the entire supply chain system for planning, coordination, operation, control and optimization of the various activities and processes, and its goal is to correct products required by customers (Right Product) at the right time (Right Time), in the right quantity (Right Quantity), right quality (Right Quality) and the correct state (Right Status) to the correct location (Right Place) - quot;6Rquot;, and to minimize the total cost. In the management process, focusing on the core business, requires good control two aspects: (1) to achieve the company#39;s information flow, logistics,Show MoreRelatedCrocs Case Study Essay1060 Words   |  5 Pagesvalue chain management system. Foregoing traditional models, Crocs quickly acquired and established a world-wide network of supply, manufacturing, production, and delivery systems. This gave Crocs the ability to minimize costs, maximize efficiency, and deliver the best value to their customers. Within this customer-focused framework, Crocs created a unique global value management system, superior in execution and focus when compared with traditional supply chain systems. Traditional Supply ChainRead MoreProduction Plan for Riordan Manufacturing1451 Words   |  6 PagesProduction Plan for Riordan Manufacturingr University of Phoenix OPS/GM 571: International Operations Management September 14, 2010 Production Plan for Riordan Manufacturing Riorden Manufacturing Incorporated is a global plastic manufacturing company that employs 550 people with annual earnings of $46 million. Riorden has several plants in different parts of the country and overseas with a corporate headquarters in San Jose California. TheRead More: Supply Chain Management Is Primarily of Interest to Manufacturing Firms1004 Words   |  5 PagesOverview Supply chains are networks of organisations, information, technologies, activities and resources involved in the movement and conversion of physical goods or services from suppliers to end consumers. These different organisations are interlinked by physical, information and monetary flows. Organisations create value by transforming raw products into finished goods or repositioning of resources thru space and time, which is based on networks of supply chains. Both ways, it involves theRead MoreFast Food : A Policy Guide For Healthier Kids And Families982 Words   |  4 Pagesaspect of all operation management process. The driving forces of location are market economics, communication, supply chain efficiency, government restrictions, material flow, and labor (Heizer Render, 2014, p332). By analyzing OM in the News articles China’s New Megacities and Industry Clustering, Where to Locate the Next McDonalds–in Your Hospital, Using Malaysia to Balance Supply Chain Disrupti ons, and Airbus Over Alabama it will make it possible to understand how important location is for anRead MoreSupply Chain and Design1330 Words   |  6 PagesRiordan Manufacturing Riordan Manufacturing is a fortune 1000 company that manufactures plastic fan parts, and other products in relations to plastics. The company had an expansion in 2000, when operations were opened in China. At that time, the entire fan manufacturing operation was in China. The following paper will discuss Riordan’s supply chain design applicable to manufacturing its electric fans Riordan’s Manufacturing Strategy Riordan manufacturing strategy is a combination of both chaseRead MoreThe Issues, Conflicts, And The Network1613 Words   |  7 Pagescontributing factors in the reconsideration of the company’s current system. Changes in customer demands, domestic and global competition, and a unique decentralized management system is now forcing the Westminster Company to reevaluate their traditional supply chain practices. (Bowersox M.B., 2014) Westminster’s domestic operations consist of three separate companies that sell and distribute products to several of the same customers. (Bowersox M.B., 2014) At first glance consolidation of the systems canRead MoreEssay on Senior Project Manager1081 Words   |  5 Pages| U02A1 Dell Supply Chain | James DeHaven | BUS3022 Fundamentals of Supply ChainCapella University | Why has Dell’s Direct Supply Chain been so Successful? The direct supply chain model that Dell has been using for many years to sell customized PC’s to customers via the internet has been very successful. Dell designed and structured the supply chain to provide customized computers in a quick manner and with a reasonable price. Customers can visit the Dell website and configure the PCRead MoreInventory Control And Its Effect On The Performance Of The Production Control System950 Words   |  4 Pages An inventory management system, inventory control, and inventory accuracy are paramount to a mass production manufacturing facility, especially when multiple part types and multiple product types are being produced. Raw component inventory can account for millions of dollars of an organizations’ cash, which is not contributing to profitability until converted to a product and sold. Therefore, it is essential for an organization to have an inventory management system and an inventory control processRead MoreNetwork Design D ecisions Have An Important Impact On Performance Essay705 Words   |  3 PagesThe last years of the twentieth century was presented a notable expansion of supply chains into international locations, particularly in the automobile, computer and fashion industries Meixell, M. J. and Gargeya, V. B. (2005). International manufacturing sources have been investigated during the last decades; in order to reduce cost, raise revenues and improved reliability. The main benefits, which International companies set up abroad, are seeking benefit from tariff, trade concessions, low costRead MoreSupply Chain Design601 Words   |  3 Pages Team Alpha Supply Chain Paper Angelo Meleandez, OPS/571 March 4, 2014 Team Alpha Supply Chain Paper Riordan Manufacturing is a global plastics manufacturer employing over 550 people with projected annual earnings of $46 million. The company is owned by Riordan Industries, a Fortune 1000 corporation with revenues in excess of $1 billion per year. Its products include plastic beverage containers produced at its plant in Albany, Georgia, custom plastic parts produced at its plant in Pontiac, Michigan

Monetary Policy Should Consider Asset Prices - 944 Words

To look into the issue of whether monetary policy should consider asset prices in particular their appreciation, we lay out a model in which we corporate a role for asset prices in particular bubbles. To carry this forth, we lay the paper out into 3 sections, where in section one we summarize our model and findings, section two we look into the model in further detail. In section three we evaluate four scenarios in which a monetary policy maker could face in a given economy, and in the last part we look into the historic prevalence of monetary action to asset prices and what they did during the housing bubble and 2017. In particular the last part will look into what the Fed did. By the end of our analysis, we acknowledge that one rule does†¦show more content†¦mean and standard deviation Step 3: To estimate the net benefits to the policy setter, of responding to asset prices, when there exists uncertainty. Evaluate the uncertainty parameter. Outcome: In the presence of uncertainty about the underlying macroeconomic model, Central Banks tend not to respond to asset prices, in the absence of it they prefer to respond. Aim 2: Use payoff functions to estimate net benefit of responding. Approach 2: We define uncertainty as the possibility of asset price variable coefficients being zero ( φ = 0, ÃŽ ² = 0). We can now lay out the possibilities a policy maker faces by the following: True macroeconomic structure AP matter AP do not matter L*1,1 L1,2 L2,1 L*2,2 Monetary AP matter Authority’s view AP do not matter †¢ The optimum reaction functions which minimize the problem faced by the policy setter and achieve the minimum loss are: L*1,1 and L*2,2 where the policy setter correctly assumes, when asset prices do and do not play a role in the economy, respectively. †¢ L1,2 and L 2,1 are the loss function values, when the policy setter fails to correctly assume when asset prices do and do not play a fundamental role in the economy, respectively. Given the perception, the policy setter uses the reaction function by assuming asset prices play a role (whenShow MoreRelatedWhat Role Did The Setting Of Monetary Policy Play On Housing Market Developments?1743 Words   |  7 PagesWhat role did the setting of monetary policy play in housing market developments? Monetary policies play can or not play a major role in the housing developments. This all depends on the supporting evidences provided that aligns with the goals of the policy makers. In this scenario monetary policy was not the initial reason for the extraordinary strength in the housing markets. According this case study, a relationship between interest rates and housing activities is not adequate enough to explainRead MoreEssay about Eco/372 Final1144 Words   |  5 Pagesstated in the prices of a given year 4) Underemployment includes people B. who are working part time, or not using all their skills at a full-time job 5) The Bureau of Economic Analysis is responsible for which of the following? C. Calculating U.S. gross domestic product] 6) The Federal Reserve provides which of the following data? A. Federal funds rate 7) Consider if the government instituted a 10 percent income tax surcharge. In terms of the AS/AD model, this change should have A. shiftedRead MoreThe Central Banking Authority Of The United States And Is Responsible For Regulating Monetary Policy Essay1459 Words   |  6 PagesThe Federal Reserve is the central banking authority of the United States and is responsible for regulating monetary policy. The Federal Reserve’s main goal is to focus on price stability when creating monetary policies. Along with this, they must also keep in mind high employment and output stability, economic growth, stability of financial markets, interest-rate stability and stability in foreign exchange markets. They do this with the intention to help the economy as a whole, not one specificRead MoreThe Link Between The Non Conventional Monetary Policy Of Quantitative Easing952 Words   |  4 PagesThis paper aims at addressing the link between the non conventional monetary policy of quantitative easing(QE), followed by the US, post the financial crises of 2008, and the surge in the global corporate bond issuance. This is achieved by quantifying the impact of Long Scale Asset Purchases(LSAP) which is divided into MBS/GSE debt and Treasury bonds, the two QE instruments, used to gauge the purchases and asset holdings of the Federal Reserve. The developments in the global bond market are associatedRead MoreThe Macroeconomic Situation in the USA646 Words   |  3 Pagesfinancial institutions. However, the drops in confidence have not impacted growth because large businesses have focused their growth strategies to Asia as opposed to Europe. Besides, households are less bothered by events unfolding in Europe which they consider too distant to make them change their behavior (Bullard, 2011). As at January 2013, civilian unemployment rate stood at 7.9%. This was coupled with a four week moving average of 350,500 initial jobless claims (Federal Reserve Bank of St. LouisRead MoreCentral Bank Of The United States1598 Words   |  7 Pagesemployment, maintain stable prices, and moderate long-term interest rates. According to the Federal Reserve System online, â€Å"The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.† In order to do this, the Fed meets every six weeks to consider changes in interest rates, and may have an unscheduled meeting at any time in between. The Fed’s responsibilities rest in four categories: monetary policy, financial intermediationRead More Monetary Policy Constraints in an Small Open and Dollarized Economy1459 Words   |  6 PagesMonetary Policy Constraints in a Small Open and Dollarized Economy Central Banks around the world use monetary and exchange rate policies to affect interest rates aggregate output and internal credit in the short run.[1] Nonetheless, in small open economies these tools have limited efficiency, since global markets determine interest rates. Many small economies use fixed exchange rate policies to control inflation or promote stabilization. This policy puts constraints on the use of monetaryRead MoreShould Feds Continue with Expansionary Monetary Policy or Exit Strategy?863 Words   |  4 Pagesincreasing the price of housing and household wealth. This will encourage more people to buy products or services, causing an increase in consumers spending. Based on the data given by the U.S. Department of Commerce today, the economy is now healing from the recession with the expansionary monetary policy. However, some people argue that it takes too long for the recovery to happen and suggests that it is time for the Fed to come out with an exit strategy. H owever, I think the Fed should stick withRead MoreEssay on Final Eco/3721484 Words   |  6 Pagesgoods and services produced in an economy including exports b. all goods and services produced in an economy, stated in prices in a given year and multiplied by quantity c. the market value of all final goods and services produced in an economy stated in the prices of a given year XXX d. the market value of goods and services produced in an economy stated in current year prices 3. underemployment includes a. who work off the books to avoid paying taxes b. who are working part time or not usingRead MoreA Review of Is Monetary Policy Overburdened? 1584 Words   |  7 Pageshave too high expectation on monetary policy to achieve long-term goals which can only be accomplished â€Å"by the appropriate policy mix and the cooperation of other public institutions.† Orphanides focused on three major goals burdened on Central banks (CB) which are full employment, fiscal sustainability and financial stability; and developed his arguments using four typical economies, US, Japan, UK and Euro area. He claimed that especially after the GFC, monetary policy is compelled to achieve these

Drug Addiction - 1081 Words

DRUG ADDICTION DRUG: A chemical substance that alters the function of one or more body organs or the process of a disease. Drugs include prescribed medicines over the counter remedies and various other substances such as alcohol, tobacco and drugs of abuse that are used for non-medical purposes. Drugs are substances other than food that affect the way your mind and body works (Al Robertson et al). DRUG ABUSE Drug abuse is definable mainly in terms of societal disapproval. It may involve experimental and recreational use of drugs, which is usually illegal with risk of arrest; unsanctioned use of psychoactive drugs to relieve problems or symptoms; or use of drugs first for the previous two reasons but later because of dependence and†¦show more content†¦TYPES OF DRUGS AND WHAT THEY DO There are three groups of drugs: a. Depressants: They slow the body down. They relax, tranquilize, relieve pain and induce sleep. One may say and do things that they would never do under normal circumstances. When these depressants bare abused they can slow do0wm body functions such as breathing to an extent that a person may pass out or even lapse into a coma. Examples are; -Opiates e.g. opium, morphine. -Sedatives and hypnotics e.g. barbiturates that are available through doctors prescriptions. -Tranquillizers -Alcohol b. Stimulants: They speed up the action of the brain. They make people feel more alert, more confident and less tired. Examples are: -Caffeine found in coffee tea cola and chocolate. -Amphetamines Ââ€" (speed or pep pills) used to treat disorders of the nervous system. They produce and increase energy and alertness. Cocaine- Has similar actions as Amphetamines but the effects are more intense. People develop strong psychological dependence on this drug. A cheaper version of cocaine is called crack. c. Hallucinogens: This group of drugs cause great changes in the way people perceive and feel. They sometimes called psychedelic or mid-altering drugs. They p[produceShow MoreRelatedDrug Addiction : Drugs And Heroin Addiction1130 Words   |  5 PagesThe arguments for whether or not to prescribe heroin to treat heroin addictions are controversial. Henden and Baeroe (2015) state both sides of the arguments being that some believe â€Å"it is in the nature of heroin addiction for individuals to lose their ability to resist their desire for heroin,† which knowing the nature of chemical dependency, heroin addicts would not refuse any heroin, so it still possibly an invalid consent to research participation as they did not have a free choice to reallyRead MoreDrug Addiction : Drugs And Drugs Essay744 Words   |  3 PagesWhen people first hear the word drug, they think of illicit drugs such as cocaine and methamphetamine. They also think about the user and sometimes why they use. One thing that is overlooked by the public is the treatment programs that are available to drug users. There is a stigma in our society around drug use that is very negative. Many believe that people that do drugs do them just to do them and even if this is true in some cases, no one wakes up one morning and decides that today is the dayRead MoreDrug Addictions802 Words   |  4 Pagesof the states, is facing drug problems. This state is considered one of the deadliest drug epidemics in American history. There are two types of drugs mentioned in the article. One of them is opioid. An opioid is a substitute for morphine and widely used. According to the statistics, 500 people had died from an overdose in 2005. In 2013, the numbers soared from 500 deaths to 2,700. Another drug(s) is known as synthetic opioids. Fentanyl and Carfentanil are the two drugs mention by Phil Plummer,Read MoreDrug Addiction3845 Words   |  16 PagesDrug Addiction (Focus of the Study: â€Å"Shabungan† at Brgy. Victoria Reyes, Dasmarià ±as, Cavite) Group No. Cuenca, Ma. Kristina B. Enon, Jane Loraine S. Tuban, Julie An Pelisco, Marvelous Salcedo, Yvette Laganzo, Ma. Riellyn Mae Austria, Gerald Mateo, Alyssa INTRODUCTION: Drug Addiction is a chronic disease affecting the brain, and just about everyone is different. It was also a condition that characterized by compulsive drug intake, craving and seeking despite what majority of societyRead MoreAddiction : Drugs And Addiction947 Words   |  4 Pages Addiction is a problem that’s very prevalent in our society. Considering that drugs and alcohol are being introduced to kids in middle school, this isn’t that surprising. We as a society constantly bombarded with talks about the â€Å"war on drugs† and addiction. There are constant conversations about what should and shouldn’t be legal and what addiction really means. Is addiction in the head, or is it something a person chooses? Should we help or punish people with addictions. Everyone has opinion,Read MoreDrug Dependence And Addiction : Drugs1231 Words   |  5 Pagesobvious assumption that drugs have an effect on the mind, but what exactly goes on and how do these substanc es affect your brain and change your state of consciousness? This is the question that interested me and brought me to want to write about this certain topic. Drugs alter the way people think, feel, and behave by disrupting neurotransmission, the process of communication between brain cells. Over the past few decades, studies have established that drug dependence and addiction are features of anRead MoreDrug Addiction and Drugs1219 Words   |  5 PagesDrugs Addiction Miami Beach Senior High Ashley Gonzalez Ms. Cooper/Mr.Sussman English II-Period Three 06 March 2013 Drugs Addiction Topic and Thesis Statement Miami Beach Senior High Topic: Drugs Thesis Statement: In an examination of drugs I will discuss causes of this disease/or social dilemma. I will also discuss the effect of drugs on individuals, families and society. Read MoreDrug Dependence And Addiction : Drugs1231 Words   |  5 Pagesobvious assumption that drugs have an effect on the mind, but what exactly goes on and how do these substances affect your brain and change your state of consciousness? This is the question that interested me and brought me to want to write about this certain topic. Drugs alter the way people think, feel, and behave by disrupting neurotransmission, the process of communication between brain cells. Over the past few decades, studies have established that drug dependence and addiction are features of anRead MoreThe Drug Of Drug Addiction Essay1270 Words   |  6 Pagesmy older brother struggle with drug addiction has taught me more in my life than anything else. He was a smart kid with a good head on his shoulders.   As he grew older he made some unwise choices with regard to substance abuse that quickly turned into a full blown addiction lasting over five years and landed him in and out of four different rehabs.   He was striving to get clean, but every time he took one step forward he fell three steps back.   Taylor entered Drug Court, after finding himself inRead MoreDrug Addiction : Drugs And Drugs1017 Words   |  5 Pages In today’s society, it is now normal to know somebody who has a drug addiction especially to opiates. A dr ug addiction is a mental disorder that the person can no longer control their actions. The person addicted to the drug will no longer care about the outcome of their actions as long as they can get that high they are seeking. **from textbook pg. 303** â€Å"Opioids are classified as narcotics- strongly addictive drugs that have pain relieving and sleep-inducing properties. Opioids include both naturally

A Career in Biomedical Engineering Essay - 1879 Words

Many great inventions have been made through research in biomedical engineering, for example, genetic engineering, cloning, and insulin. After insulin has been invented, there are still a lot of problems with the purity and the quantity of the insulin produced. Biomedical engineering devised a way to produce large quantities of insulin with a higher level of purity, which has saved a lot of human lives. Although biomedical engineering just been officially founded 200 years ago, its practice has been with us for centuries. According to The Whitaker Foundation website, 3,000-year-old mummy from Thebes, which uncovered by German archeologists, with a wooden prosthetic tied to its foot to serve as a big toe is the oldest known limb prosthesis†¦show more content†¦Along with the demand for more sophisticated medical equipment and procedures, an increased concern for cost-effectiveness will boost demand for biomedical engineers. Many biomedical engineers, particularly those employ ed in research laboratories, need a graduate degree and for them to be able to do a higher level research even master degree is needed. Some jobs that apply biomedical engineering in their career are biological scientists, environmental scientists, chemist scientists, and engineering technicians. Biological, environmental, and chemist scientists will apply their skills by doing a lot of research in the laboratory. Engineering technicians do a lot of work repairing medical tools that will be used in the hospital.Show MoreRelatedOverview of Biomedical Engineering as a Career Path1805 Words   |  8 Pagesyour life.† (Confucius) According to the Whitaker Foundation, biomedical engineering has existed for centuries, perhaps even thousands of years. â€Å"In 1816, modesty prevented French physician Rene Laennec from placing his ear next to a young woman’s bare chest, so he rolled up a newspaper and listened through it, triggering the idea for his invention that led to toda y’s ubiquitous stethoscope.†(The Whitaker Foundation). â€Å"Biomedical engineering achievements range from early devices, such as crutches, platformRead MoreA Research On Biomedical Engineering1585 Words   |  7 Pagescolleges had to offer, eventually stumbling upon biomedical engineering. Initially, I knew very little about the field, assuming they mostly worked with prosthetics. However, as I did more research into the major, I learned biomedical engineers create devices beyond prosthetics, such as machines to replace a working heart or more efficient medical equipment. This major also allowed for the flexibility of attending medical school, another career aspiration I have had since I was little. So withoutRead MoreCollege And Career Research Essay1158 Words   |  5 PagesCollege and Career Research Essay By, Darien Carson The future; after high school, after college, the future is a later time period that will happen in one’s life. For my future I plan to attend college and later become an engineer. College is one of the best choices available for high school graduates to ensure a successful future. Colleges offer specialized learning that when attended can open many opportunities. Two colleges I may attend after high school are Massachusetts Institute of TechnologyRead MoreMy Life Concept Project Report923 Words   |  4 PagesThe intention of this proposal is to explore the proposed topic of my Whole Life Concept project report. My proposed passion, how I will turn that passion into a career, the goals and impacts I aspire to achieve in that career and the research, education and skills required to confirm my passion and achieve my intended career will all be explored. My passion is the physical structures and mechanics of the body; I am fascinated with how the body moves, the structures that support it, the joints thatRead MoreHow Technology Will Affect Future Jobs Essay1017 Words   |  5 Pagestechnology has also affected them in various ways. From entertainment to education, technology has designed a generation that could never have been before imagined. But technology has not stopped there; it also has affected their future. From what careers they will pursue to how much they will earn, technology will play a big role. With the rise of new machines and equipment, thousands of jobs will be created that will range from ones that involve handling the machinery to ones that cannot be doneRead MoreMy Statement Of Purpose: Biomedical Engineering703 Words   |  3 Pagesmore interested in pursuing an advanced degree in Biomedical Engineering. My well-rounded educational pursuits thus far have served me well, engineering complimented by a sound back ground in the humanities and hard sciences. I have, though, a robust passion to learn more, to hone my skills even more in a field that has simply exploded over the past decade biomedical engineering. For me, the excitement of the field is that biomedical engineering has only recently become its own discipline, and yetRead MoreDr. Stevin Gehrkes Lab1073 Words   |  5 Pagesas a student at the University of Kansas, I immediately took an interest in numerous extracurricular activities and organizations. I have established myself as a leader in multiple organizations, including my role as vice president in the Biomedical Engineering Society at KU. These organizations have provided fantastic experiences, but I found myself needing more. I found enjoyment and success in my classes, but I was eager to apply my knowledge. I sought out positions in various research groupsRead MoreFirst Innovative Leadership Academy For Young Women Leaders1280 Words   |  6 PagesI started doing most of my career research early on in my middle school and high school years. I was lucky enough to be selected among the hundreds of fifth graders and sixth graders that applied to go to the first innovative leadership academy for young women leaders. A middle school in the early 2000’s which was previously Porter Middle School to most austinites, was renovated in summer of 2007 founded and named after the late great female governor of texas Ann Richards. In a summer camp leadingRead MoreStudent Application Essay1742 Words   |  7 Pageseducation are important for success in all kinds of careers. These experiences and realizations led me to a career at a small liberal arts school where teaching, research, and mentoring are all highly valued. Throughout my careers, I have initiated and led teams of as many as three interns in research projects. I am primary or co-author of five peer-reviewed research papers and have presented at more than ten major conferences in the field of biomedical sciences, including International Society of StemRead MoreThe Impact of Computer Science on Health Care Medicine1283 Words   |  6 Pagesprocessing were created in the 1940s, medicine directe d its route on the fast track and its developments merged with the innovations of technology to form new biological and technological insights, particularly in the field of bioinformatics and biomedical engineering. Bioinformatics is the field of science in which biology, computer science, and technology merge, generally in the field of genetics, to allow the discovery of biological information; it was created by  Paulien Hogeweg  and Ben Hesper in 1978

Sales Manager Free Essays

In order to use the full potentials of the employees, the organization needs to motivate and encourage them. By motivating the employees, their performance level increase that results in better achieving organizational goals. However, according to Maslow’s theory, the organization needs to cater to employees five basic needs: physiological, safety, belongingness, esteem and self-actualization (Jones, George, Hill, 1998). We will write a custom essay sample on Sales Manager or any similar topic only for you Order Now Among them, physiological need is the most basic and important one. In this need, all employees need is an ample pay scale in which they fulfill their basic survival needs such as food, residence, clothes etc. Now analyzing the problem faced at NLC, the management needs to find the reasons for the lethargic attitude of the employees toward their work. The most probable complaints that the employees at NLC do is that their basic stipend is low. The employees do not feel motivated towards their job that affects to the organization’s performance. The HRM needs to review the employee policy and ask the top-management to make an increase in their salary. Besides that, the management also needs to introduce the scheme of rewarding the employees with bonus rewards in which, if the employees are able to achieve a certain sales target, they would be given additional pay. In this way not only will they get intrinsically motivated, but will also show their interest in their job tasks (Kreitner, Kinicki, 2004). In order to motivate the employees more, the top few employees of the month should also be awarded with perquisites. In this way, a sense of competition among employees will arouse and they will work harder and inclined towards their achieving the goals. Besides monetary motivation, the employees can be motivated by providing them with good job environment and ambience. The employees should also be given of certain level of delegation which triggers their decision-making power. The employees should also be given the sense of promotion on the basis of their performance. Thus the management needs to address to all those motivating factors in order to encourage them and make them work to their full capabilities. Once the NLC management would take this initiative, there is definitely going to be a change in the employee’s attitude and will try to perform at their utmost level, which will result fruitful for NLC for both short and long-term basis. How to cite Sales Manager, Papers

NIST Definition of Cloud Computing

Question: Discuss about the NIST Definition of Cloud Computing. Answer: Introduction Every day more and more companies are aligning to the cloud-based accounting system. From connected gadgets to internet-based education programs, individuals from all over the globe are utilizing the cloud as a medium to connect with consumers and make their own business measures more efficient. In short, it has become a trend and offices are now using it to gain specific advantages (Millard, 2013). Furthermore, even small businesses are attaining benefit from the cloud when it comes to financing management. Although there are various reasons to go for the cloud, yet few businesses opt to host accounting data the traditional-fashioned way. In short, it depends upon the business requirement to vouch for a specific system (Olsen, 2012). However, since accounting is a very delicate aspect of business, many accounting professionals, and entrepreneurs often shy away from experimenting traditional accounting methods as they rely on trusted and tested solutions. Therefore, the major relianc e is the trusted method and solutions (Rouse, 2013). Cloud-based accounting vs. Traditional-based accounting Cloud-based Accounting Traditional-based Accounting Cloud accounting software utilizes the cloud in order to store accounting data, making financial details available to employees and owners anywhere in the presence of an internet connection (Rouse, 2013). With traditional accounting software, a business has one dedicated hard-drive wherein accounting software is installed and financial information is recorded to make it accessible to employees and owners. Unlike cloud accounting, this does not require internet connectivity. This software tends to be a more affordable one because upfront costs involved are usually lesser than that of the traditional accounting system and the hardware that is needed to run in (Rouse, 2013). Managing the finances through a traditional accounting system requires some expenses because it does demand a local infrastructure that makes way for a chunk of investment to be wasted. Furthermore, even the maintenance cost of hardware increases the costing requirements in this method. With this software, a user can add many numbers of users and operate with them in the real-time in order to accelerate the activities. With just a few clicks, user permissions can be controlled and one can define which files are meant for whom (Hu, 2015). Since accounting is not a one-man arena, it requires detailing of all financial details taking place in the company. Moreover, multiple users have to come into action to keep accounting process updated and error-free. However, unlike cloud accounting, the traditional accounting only offers massive restrictions related to user-accessibility and location. Potential limitations The biggest limitation of cloud-based accounting system is that the accounting data is being shared with a third party and they can utilize such data for their self-business interests because the data storage is completely controlled by the providers (Peter Timothy, 2011). In addition, the data can also be stored in several countries wherein the government can audit or review such data if needed. Secondly, the cloud-based accounting system might not support every application possessed by the user. In simple words, some of the users requirements might not be efficiently available in the cloud accounting software (Millard, 2013). Hence, there are restrictions in the applications that make cloud-based accounting a very risky step. Last, but not the least, many of the cloud accounting software fails to offer an appropriate facility to backup the data that is stored in the users computer or laptop. Therefore, when a user might change the software, he or she might also lose the entire dat a that is already entered into with the prior cloud-based accounting software. Therefore, since cloud accounting software fails to offer confidentiality of data, data backup, and pursues many restrictions, the decision to move towards cloud accounting must be made after considering such potential risks, because at the end of the day, financial records are the most important for any organization (Mell, 2011). Moreover, once the system is changed to cloud-based it is difficult to retreat and use another concept. In this way, it creates an image of vendor lock in that adds to the potential limitation. Conclusion The size of the business does not matter when it comes to cloud-base accounting. With every segment of business being performed in the cloud, several different size businesses can gain advantage from using cloud-based accounting services. In simple words, eligibility for cloud benefits relies much more on the users computing requirements, applications used by the business, and workforce habits, than the business size. Nevertheless, businesses that can benefit the most are accountancy firms, data security firms, and global corporations. With cloud accounting, clients in accounting firms can upload significant financial data that is accessible to an accountant as per his requirements, and clients can even download copies of digital ledgers, tax papers from data stored in the cloud (O'Brien Marakas, 2009). Similarly, every office can stay in touch with others in order to share information through cloud accounting in global corporations. Even data security firms can move their customers files continuously by cloud computing, thereby making it difficult to be hacked. References O'Brien, J Marakas, G. (2009). Management Information Systems. McGraw-Hill Olsen, E. (2012). Strategic Planning Kit for Dummies. John Wiley Sons. Millard, C. (2013). Cloud Computing Law. Oxford University Press Mell, P. (2011). The NIST Definition of Cloud Computing. Accessed March 18, 2017 from https://csrc.nist.gov/publications/nistpubs/800-145/SP800-145.pdf Rouse, M. (2013).What is a multi-cloud strategy? Accessed March 18, 2017 from https://searchcloudapplications.techtarget.com/definition/multi-cloud-strategy Peter, M Timothy G. (2011).The NIST Definition of Cloud Computing. National Institute of Standards and Technology: U.S. Department of Commerce Hu, T.H. (2015).A Prehistory of the Cloud. MIT Press.