Resource Allocation College Essays Samples For Students

BUSINESS BEHAVIOUR AND THE MARKET ENVIRONMENT

Part I

This exercise deals with the analysis of the potential economic impact on the activities of the selected “plant as a present” retailer on the UK market that the case will refer to as the company. Current economic crisis put pressure on the company profitability and the management considers expanding its operation in terms of variety to leverage the challenges of the domestic economy. The aim of this analysis is to outline core scenarios of the company development through basic supply and demand modeling and look at the best options in regards to financing their expansion strategy.

The UK Market Environment and Price Sensitivity

Current economic ...

Part 1

In April 1999 The National Institute for Health and Clinical Excellence (NICE) was built as a Special Health Authority to advocate and further the clinical quality and effectiveness of the resources in the NHS. NICE is an independent organization in charge for stipulating national guidance on the advocacy for good health, prevention and medication of illnesses (Chidgey, Leng, & Lacey, 2010). NICE has given a set of guides for the users of National Health Services to follow. The responsibility of NICE is to improve outcomes for people utilizing NHS and other public health services (NICE, 2013). The coverage of the organizations functions ...

Part One: Analysis of the Military

The military is a key area that deserves to be given substantial attention in terms of the nature of the choices made by the leadership. The military leadership should be robust and should only further courses that promote learning and improvement within the defense entity. Questions as to whether the military entity is a perfect learning organization has been posed to by many critics. Criticism has clouded the operations of the army as to the credibility of their activities and operations in the war fields. Many lives of soldiers and innocent civilians are lost in absurd circumstances. The situation is not ...

The concept of Human Resource Management has been termed by scholars as a form of management whose paradigms are in perpetual transition. The environment under which Human Resources Management (HRM) operates is faced by new challenges as the world adopts new ways of doing business. Globalization has initiated novel procedures such outsourcing and mixed demography in the workforce . Economic and technological changes have significantly altered the employment patterns and practice around the globe today. Technology has since replaced the practices in Human Resource management from transactional to strategic management. Hence, adapting to this new environment is vital and necessary for ...

Introduction

This paper explores the various forms of economic systems and their methods of allocating resources. Economic resource allocation seeks to achieve economic efficiency in all dimensions of resource allocation among the various economic actors within any economic set up. The major focus will mainly entail the command economy as well as the market system of economy. A market system of economy, normally known as capitalism or free economy is a system of resource allocation in which the factors of production are allowed to move freely, the economy is allowed to operate freely without intervention from the central governments. It is ...

A free market economic system is a method of allocating resources, which is based on the market price. Prices are determined through unrestricted competition between the state and privately owned business entities

Command system works best when there are extreme market imperfections and uncontrolled monopolies

A command system works badly when the government control most of the resources and discourage fair competition because it leads to inequalities and poor quality of goods and services.
The contest method of resource allocation works efficiently because increased competition ensures fair prices of goods and services. Additionally, the wage rates are high and the quality of products and services improve as various market players strive to ...

Q1. What were the challenges that Appex CEO Shikhar Ghosh faced when he joined Appex? Why were “structure and control” deemed necessary?
The industry of Cellular Telephones was rapidly growing, and the demand of Appex was continually expanding with increasing projects and added employee strength. Although Appex Corporation started as a small startup, it had transformed into a company that required a well-defined control and structure. The following are some of the challenges faced by Ghosh at the time when he joined the company: Firstly, the company was initially quite small prompting decision making to be centralized and limited ...

1. Benefits and Drawbacks of Adaptation Answer to question using essay format
Zebra Corporation is based in the United States and wants to begin selling its main product, laser printers for personal computers, in Russia. Generally, laser printers are made from standard parts. However, when sold internationally, some modifications are made to adapt the product""?s power supply (e.g., voltage requirements and shape of the plug for electrical outlets) and internal software to suit specific language requirements. Zebra management is developing an international marketing plan to decide on the design of the printers that it will sell in ...

Tools and Concepts Of Project Management

Project management is an increasingly important discipline in today’s business environment. By definition, project management refers to the discipline that involves the application of knowledge and skills in the initiation, planning, execution, control, and closing of a work process or activities set to accomplish specific goals under very specific criteria (Tayntor 2010). According to Charvat (2002), for organization to gain competitive advantage, they must focus on project management as a key driver for growth. When speaking of project management, many people get the idea of managing large projects, such as the construction of a house, road, or even ...

Introduction

An organization is regarded as an entity that is made up of people with a collective objective and is connected to the external environment. Hence, a business organization is a group of people collaborating to achieve a commercial objective (Handy, 2005). Toyota Motor Corporation is a Japan based auto manufacturing company with its headquarters in Toyota, Aichi. The company was ranked as the 13th largest in the world in terms of their revenue. It was the largest automotive manufacturer in 2010 ahead of the Volkswagen group and the general motors in terms of their production. The Toyota motor company ...

WORD BLOG

The XYZ Company is an oilfields company that has developed unique strategies that allow it to achieve superior performance by expanding consistently and challenging organizational boundaries. However, these policies fall under the category of Red Ocean strategy that focuses mainly on existing competition in the industry (Hill, et. al, 2014, p. 5). Therefore, there is the need for the company to embrace the blue ocean strategy to expand the boundaries and the market space. Blue ocean strategy refers to the creation of an undiscovered and new market space for a company. The approach ensures that a new customer network ...

Introduction

Organizations providing marketing research services are becoming prominent in the worldwide corporate sector. Particularly in the United Kingdom (UK), these firms are operating actively in every possible industry and assisting organizations to meet market requirements. Among innumerable research firms, the two prominent and trusted entities are Taylor Nelson Sofres (TNS) Global and Kantar Group. These research firms use various tools and techniques, and provide services that enhance the decision-making process and productivity of the organizations. Besides the benefits of utilizing these firms, some reasons still discourage organizations to hire and deploy these firms within the work facility. This paper ...

Inventory management anchors the link between organizations and their primary stakeholders. A personal experience at a Credit Union in two weeks revealed just how much the organization undergoes to come up with outstanding inventory blueprints. Branch to branch interconnectivity, integration of the value chain and cost analyses are some of the activities notable in the blueprint. This summery analyzes the Credit Union’s inventory blueprint through a spectrum of seven key points discussed as:

Roles of the Management

The Credit Union considers the role played by management in its endeavors at the center of the success of the organization. Superficially, it is the ...

Health Care Privacy and Security Law: Health Insurance Portability and Accountability (HIPAA)

Introduction
Every citizen is required to achieve and maintain privacy and security of healthcare information as stated by the Office of the National Coordinator for Health Information Technology (ONCHIT). It provides resources assisting citizens to succeed in achieving their responsibilities concerning privacy and security of electronic health care data. Thus, electronic health care records concerning data storage and transmittal is a sensitive and serious issue. The Health Insurance Portability and Accountability Act (HIPAA) offers a guide to health care privacy and security. It was enacted on August 1996 encompassing administrative simplification provisions requiring the United States Department of Health ...

Abstract

Marketing is an essential functionality in the business set up. For the procedure to be effective, marketing has to have clear objectives that are set in the organization. The objectives can be cascaded down to the individuals who have taken up certain roles in the marketing department for instance. Aggressive promotion while at the same time making identification of the expected target for the particular service or product is of importance. The marketing content is also crucial, and this can be promoted by the presence of activities like marketing strategies and strategic marketing which can be solely managed in ...

Introduction

The Ottoman Empire was ruled from the top by a Sultan. A collection of taxes was an eternal problem in this empire so they came up with a tax farming system whereby tax collectors were employed to collect taxes in the entire empire. The system brought about various mistreatments and the poorest received very heavy tax burdens, they did not have the capability of avoiding taxes or bribe off the tax collectors. A segment of the population lived under the millet system and it consisted of the Jews, Christians and Religious minorities who run their own schools, local communities ...

Summary of the case study

The case study “Leadership Development for Health Service Delivery: Making the Most of Limited Resources in Afghanistan” describes the implementation of LDP (leadership development program) in Afghanistan’s healthcare system (Alliance for Case Studies for Global Health, 2012). In addition, the study analysis the health benefits that accrue from the program and sustainability of the program. Over the years, the Afghan healthcare system has been faced by numerous challenges such as increased mortality, poor immunization and endemic episodes of infectious diseases particularly due to resource constraints as well as persistent warfare. However, the country has recently witnessed tremendous improvements ...

Social justice existed in a society when the people of that community had an equal share in the way they were treated. That is, and everyone had a fair share of the resource allocation to the citizens. For instance, every region is equally developed in terms of hospitals, schools, social amenities, and road networks. It was not just the presence of these facilities, but the provision of quality services equitably to all the citizens is what made social justice a good practice (Chaffee, 2013). Quality housing, education and in addition, quality primary health care were considered a prerogative ...

Introduction to Operations Management

Operations management is a broad category that brainstorms the interest and/or affects for/on almost every stakeholder by the organisation’s activity. As an acting operational manager, one could either emphasize on one, or all of the five major performance objectives set by the organisational culture being implemented by the superiors of the organisation (Chase, 2006, pp. 32-39). The stakeholders will all have personal motives and interests in the company, while some will be affected directly or indirectly as well by the actions and operations.

The foremost stakeholders for whom the operations will be acted upon are:-

- Employees: Though operational responsibilities for employees are far beyond just a profit-making organisation, a prosperous company will ...

Question 1

The US bureaucracy has faced a lot of criticism from its citizens, some viewing it as failed system whose mechanisms perpetrate incompetence and corruption in the pretext of serving the US citizens. However, Goodsell in his book, “The New Case for Bureaucracy” comes to the defense of the US bureaucracy, terming it as the most effective and efficient bureaucracies in the world.The central themes of this book revolve about bureaucracy, the citizens’ expectations from the bureaucracy and finally how anti-government ideas have reinforced the image of failed bureaucracy in the United States. I his defense of the US bureaucracy, Goodsell ...

Introduction

Working on a project always indicates working with limited resources. In the given scenario, the project team is working under time constraint. Only half of the scheduled work is completed and extension of deadline is not possible as the presentation of the results of the opportunity analysis needs to be given to the senior executive in the next week.

A schedule identifies and communicates the timeframe within which different parts of a project needs to be completed and also identifies the resource allocation for the job. This helps in mapping the work and tracking the progress of the projects so that ...

a).
In the introduction of the article, “Counterspeculation, auctions, and competitive sealed tenders” William Vickrey (1961) mentions the study by A.P Lerner titled “Economics of Control” which suggested a strategy known as “counter speculation” that can be used by state agencies in imperfectly competitive markets to create conditions that facilitate the maintenance of marginal conditions for efficient resource allocation. Vickrey however mentions that the process of carrying out this strategy was not clearly laid out in this initial study. Vickrey then suggests that studies seem to indicate that most of the devices incorporated into this strategy often turns out to ...

The Federal government of the United States has a number of agencies. These agencies are in different departments of the government. An example is the Agency for Healthcare Research and Quality (AHRQ). AHRQ together with other 12 agencies are found within the Department of Human and Health Services (HHS) in the US (U.S. Department of Health & Human Services, 2014). As part of HHS, AHRQ is aimed at developing scientific evidence that will enable decision and policy makers in healthcare and those who buy and manage healthcare services to come up with up-to-date choices in healthcare. It supports scientific research to ...

Question 1. Neo-liberalization vs. Financialization
Neoliberalism refers to a political movement that emerged in the 1960s, which combines old-style liberal worries for social justice with a highlighting on the growth of the economy (Fouskas and Bülent, 39). On the other hand, financialization is described as a process or system that advocates for a growing role of financial markets, financial motives, financial institutions, and financial actors in the setup of local and global economies.
The rise and fall of the golden age of capitalism is attributed two major policies. First, the full employment policies, production in large quantities due to increasing ...

Budgeting is an important aspect of financial management in institutions, households and at the national level. A budget outlines how an individual or institution plans to allocate its available resources to address its needs. There are different forms of budgets depending on the kind of institution, the aim of the budget and the size of the budget. These budget types also take different formats to suit the objectives of the budgeter. There are four major types of budgets that are commonly used around the world today. They include; the responsibility centred budget, the NOAA’s program budget, the entrepreneurial ...

Abstract

Any project to be implemented successfully and to fulfil the desired objective must have a proper project schedule in place. This clearly outlines that the mode of operations of the project management rely to a great extent on the project managers. He is responsible to a large pedigree the formulation a plan of action to achieve the organizational success. As part of the case study integration, coordination of marketing activities along with the implementation of the CRM schedule is the key. In this regard the efforts, tasks as well as skills need to be highlighted.

Introduction

One of the significant problems faced in implementing ...

In the first quarter of 2008, Dana Deasy (a four month old first Global CIO at BP) learned about BP’s continuous drawbacks and the lacking competition against counterpart oil and gas competitors. The CIO decided to contribute to the company by saving almost 33% of the annual spend of about $3 Billion on IT. It was not late for Deasy to realize the non-value add spends on 2,000 IT vendors and 45% contractors.
Deasy decided to go ahead with an overhaul of the entire IT structure of the organization and planned effective resource allocation, reaching to a total ...

This essay presents the evaluation that developing conceptual frameworks are a time wasting activity. In essence, it elaborates the notion that the perfect description of managerial accounting as referenced by internationally recognized best practices is a mere waste of time. Conceptual frameworks of accounting can on the other hand serve as route map for the evaluation of management accounting, more so in an organization’s operations.
A conceptual framework is simply an intermediate theory which strives to interrelate to all features of inquiry under study. It is indeed a collection of various concepts which categorically illustrated and analytically organized so as ...

Free market economics

Free market economy or laissez faire is usually defined as an economy, where government plays virtually no role in the economic decision-making. It is an extreme case of market economy, which is based on the assumption that price mechanism correctly reflects the current situation in the economy and regulates production and consumption in the country (Arnold, 2008). Resource allocation in such economy is subjected to the supply and demand laws of the market. In the market economy only the most profitable goods are being produced. However, pure free market economy is an idealized scenario, which cannot exist in the ...