Mgmt 408 - 1554 Words

Roles of a Manager MGMT 408 Week 1 Farbod Zarkeshian IT Managers now have many responsibilities (data centers, staff management, telecommunications, servers, applications, workstations, websites, mobile access and devices, user support, regulatory compliance, vendor management, disaster recovery, etc.) and work with all the departments (accounting, human resources, marketing, sales, distribution, facilities, legal, etc.) within a company or organization. This is both the good and the bad news. At some companies, an IT Manager can have direct influence on the strategic direction of the company, suggesting and helping implement web initiatives, for example. In other companies, an IT Manager is really only a technician, software†¦show more content†¦According to Chester Barnard, â€Å"Organizing is a function by which the concern is able to define the role positions, the jobs related and the co- ordination between authority and responsibility. Hence, a manager always has to organize in order to get results. A manager performs organizing function with the help of following steps:- Identification of activities - All the activities which have to be performed in a concern have to be identified first. For example, preparation of accounts, making sales, record keeping, quality control, inventory control, etc. All these activities have to be grouped and classified into units. Departmentally organizing the activities - In this step, the manager tries to combine and group similar and related activities into units or departments. This organization of dividing the whole concern into independent units and departments is called depart mentation. Classifying the authority - Once the departments are made, the manager likes to classify the powers and its extent to the managers. This activity of giving a rank in order to the managerial positions is called hierarchy. The top management is into formulation of policies, the middle level management into departmental supervision and lower level management into supervision of foremen. The clarification of authority helps in bringing efficiency in the running of a concern. This helps in achieving efficiency in the running of a concern. This helps in avoiding wastage of time, money, effort, inShow MoreRelatedMidsouth Chamber of Commerece Essay976 Words   |  4 PagesMidsouth Chamber of COmmerce 5-6-12 MGMT-408 Introduction Midsouth Chamber of Commerce entities involved in issue: * Vice President Leon Lassiter * Territory Managers * Marketing Support Supervisor * Staff * Lack of access to new computer system * Problems with using old systems Midsouth Chamber of Commerce Vice President Leon Lassiter is in the middle of transiting systems with several problems arising. Several workstations have had something happened toRead MoreMGMT 1001 Everest Final Report Essay3098 Words   |  13 Pages! 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MGMT. 1 (2009). Winter 2013] LEADERSHIP FOLLOWERSHIP 347 As Joseph Rost put it. leadership is an influence relationship among leaders and followers who intend real changes that reflect their mutual purposes. ,5 Whether our interest isRead MoreStrategic Information Systems Planning (Literature Review)8531 Words   |  35 Pagesis the defined boundary inside which all the interactions are considered Input It is the information/ material flowing into the boundary of a system Output It is the information/ material flowing out of the boundary of a system CIO Top mgmt Support model Environmental Factors Takes into account the external and internal environment of the firm The model examines how Chief Information Officers (CIOs) gain peer commitment to implementing strategic information systems/technology (IS/T)Read MoreStarbucks Culture Essay9960 Words   |  40 PagesSome say the growing middle class there drinks coffee in part to emulate Europeans and Americans. Starbucks tripled sales in China from 2004 to 2009 and from 2007 to 2010 saw a worldwide increase in its average number of customers per store from 408 to 424 each day. Starbucks in Beijing has maintained an annual sales growth of more than 30% in recent years. In Shanghai, the chain started to make a profit the second year after the first store opened in the city. Its net profit reached 32 millionRead MoreTwo Year Plan Essay9540 Words   |  39 PagesTwo Year Plan Professor: Dr. Ellen A. Drost MGMT 497 Date: Feb, 14, 2011 World: 11 Company: 1 Presented by: Table of Contents 1. INTRODUCTION 3 2. ORGANIZATION 4 3. OBJECTIVES AND INDUSTRY ANALYSIS 6 a. Sales in Dollars b. Net Income c. ROA d. ROE e. Stock Price Weighting Factors Criteria 4. STRATEGIES 13 5. SALES FORECAST 17 6. PRODUCTION PLAN 19 7. FINANCIAL STATEMENTS 20 8. APPENDIX 21 * Industry Sales Forecasts in UnitsRead MoreThe Emergence of the Fast Fashion Business Model and Imposed Quick Response Challenges for Chinese Fabric Manufacturers14773 Words   |  60 Pagesattempts to use dynamic capabilities as its strategic approach ought to do the following: 1. Identify latent capabilities within the ï ¬ rm that are widely accepted as valuable and appropriate for advancing supply chain objectives (Pablo et al. 1996). 408 J.H. Peterson et al. 2. Create opportunities for individuals to take personal initiative for organizational advancement 3. Encourage the development of trusting relationships to support individual initiatives. Capability development is deï ¬ nedRead MoreDiscount Cash Flow Valuation of Upstream Oil and Gas Investments18360 Words   |  74 PagesFTI Consulting Inc. Mr. Tyler is counsel and Mr. Deutsch is an associate in the International Arbitration Group of Mayer Brown LLP. E.g., T.W. Wà ¤lde B. 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The Gospel of Luke Free Essays

The Gospel of Luke like the other three Gospels depicts the life, teachings, death and the resurrection of Jesus of Nazareth. This is the largest of the four Gospels. The Gospel opens with a salutation to Theophilus and proceeds to tell the story of the appearance of Angel Gabriel to Zachariah, whose wife Elizabeth did not have the ability to bear a child. We will write a custom essay sample on The Gospel of Luke or any similar topic only for you Order Now The Angel announces to Zachariah that his wife will bear a child and that â€Å"he will bring back many people of Israel to the Lord their God. He will go as God’s messenger, strong and mighty like the prophet Elijah. He will bring fathers and children again; he will turn the disobedient people back to the way of thinking of the righteous; he will get the Lord’s people ready for him†. The dumb founded Zachariah could not believe the words of the Angel Gabriel. Zachariah was spending a long time in the Temple and when he came out he could not speak. He was punished with the dumbness till the miracle was realized by him. People knew that he had seen a vision in the Temple since he was making signs to them with his hands and unable to say a word. Gabriel then appears before Mary, who was promised in marriage to Joseph and proclaims that the Holy Spirit will come on her and she will give birth to a son who is to be named Jesus. He adds that â€Å"He will be great and will be called the Son of the Most High God† and that the Lord God will make him a king, as his ancestor David was, and he will be the king of the descendants of Jacob for ever and his kingdom will never end†. After a few months Mary visited her cousin Elizabeth, and when Mary greeted her, the baby in Elizabeth’s womb â€Å"jumped with gladness†. In due course Elizabeth gave birth to a baby boy and he was circumcised and named John. Zachariah regained his speech at that time, as he was filled with the Holly Spirit. The baby grew up into John the Baptist. Joseph and Mary went to Becklehem to register their names for the census and ordered by Emperor Augustus. There Mary gave birth to Jesus and laid him in the manger. An Angel announced the birth of Christ to the shepherds. The shepherds visited the Holy Baby and spread the word around. The baby was named Jesus, as preordained, was circumcised, and was taken for the ceremony of purification. There Simeon, a God-fearing man, filled with Holy Spirit, held the baby in his hand and praised the Lord for bringing glory to the people of Israel. When Jesus was twelve years old his parents took him for the Passover ceremony as usual, but that year he did not return with his parents, and stayed back in the temple, with the Jewish teachers listening carefully, and asking intelligent questions. Jesus grew into a boy of great wisdom. While Herod was the ruler of Galilee, John the Baptist was appealing to the people to turn away from their sins and to get baptized. He also preached the Good News that one much greater than him is coming to baptize them with the Holy Spirit. He also spoke critically of Governor Herod and subsequently became imprisoned. When Jesus was about thirty years old the power of the Holy Spirit started radiating from him very powerfully and he was revered and praised by all. The Devil tried his level best to tempt Jesus through many tricks, but Jesus did not succumb to any of the tricks. But when Jesus went to Nazareth to read from the scriptures, He was not appreciated there. There is a saying that the darkest place is under the candle. Nazareth was the place where Jesus had been brought up. Yet people failed to recognize the Holy Spirit emanating from Him. The power embedded in Jesus started performing miracles. At Capernaum, a town in Galilee, He drove away the evil Spirit that had possessed a man. He cured the high fever of Simon’s mother-in-law. Learning about His miraculous powers, sick people started flocking to Jesus. A touch by his hand cured every one of them. He cured a leper of his leprosy. Once a paralyzed man was carried on a bed and brought to Jesus. He told the man that â€Å"your sins are forgiven you, my friend†. The listeners were puzzled by this, thinking that only god can forgive sins. They thought Jesus was impersonating God. The paralyzed man walked back home. Jesus was unconventional in many of his acts. He kept company with outcasts, supported and eating on Sabbath days, and even cured the crippled hand of a man on a Sabbath day. Gradually anger hatred and fear started building up against Jesus among the Pharisees and the teachers of law. Jesus went on healing and teaching the people who flocked to him. He even breathed life into a dead man. He assured the poor and the sorrow-stricken that there is a great reward awaiting them in Heaven. He taught them to shun violence. He spread the gospel of love. He warned people against judging others. Through powerful parables Jesus started driving great ideas into the minds of the people. As time passed, the number of miracles performed by the spiritual power of Jesus grew unbelievably. The fisherman who could not net any fish in spite of a hard day’s labor, caught netfuls of fish at the order of Jesus. A mob of evil spirits had been driven away from a possessed man into a group of swine. He calmed a storm in the ocean with a single command. A woman who had been sick for twelve days touched the robe of Jesus and got cured instantly. He raised from death the daughter of Jairus. Once He fed a crowd of five thousand with just five loaves of bread and two fish. Jesus had gathered His disciples from among the fisherman. He gave them power and authority to drive out demons and to cure diseases. In due course of time He told His disciples about His impending death and resurrection. He recruited more disciples and sent seventy two of them to different towns with the message of God’s love. To the skeptical teacher of law, He gave the parable of the Good Samaritan. He advised the Pharisees to keep their minds clean and worthy. He even told them that they â€Å"are like unmarked graves which people walk on without knowing it. † When one of the teachers of the law protested saying that Jesus was insulting them, Jesus accused them of holding the keys to the house of knowledge, neither themselves going in, nor allowing anybody else to go in. This infuriated the teachers and they wanted to wreak vengeance on Him. In the meanwhile Jesus went on enriching the peoples’ minds through the parables of the Yeast, Mustard Seed, the Narrow Door, the Unfruitful Tree, Faithful and the Unfaithful Servant, the Great Feast, Worthless Salt, the Lost Sheep and many more. His healing miracles continued as ever. He taught the people that the kingdom of God is within themselves. He reminded them that it is harder for a rich man to enter the Kingdom of God than for a camel to go through the eye of the needle. Jesus drove the merchants from the Temple, and warned people to watch out for the Teachers of Law who take advantage of the weak. They wanted to kill Jesus and finally Judas under the devil’s influence agreed to betray Christ. During the Feast of the Unleavened Bread, Jesus broke the bread and gave it to His disciples saying that it was His body, and gave them the wine as new covenant sealed with His blood. He added that â€Å"the one who betrays me is here at the table with me†. Jesus also predicted the denial of Peter. Jesus was arrested after being kissed and identified by Judas, and Peter three times denied knowledge of Him, as predicted by Jesus. The elders of the Jews, the teachers and the Chief Priests asked Him if He was the â€Å" Son of God â€Å" and He answered â€Å" you say that I am â€Å". For claiming Himself to be God, they decided to punish Him and took Him to Pilate. Pilate sent for Herod. Pilate told the crowd that he did not find Jesus guilty, but the crowd shouted that Jesus must be killed. He was nailed on the Cross along with two criminals. At Jesus’ death, noon turned into darkness, and the curtain in the Temple tore into two. His body was received by Joseph of Arimathea and some ladies who were with him and He was buried. But the third day Jesus resurrected, as He had foretold earlier. Jesus later appeared before His disciples and then was taken into heaven. Conclusion: The word Gospel literally means â€Å"Good News†. But the Gospels in the Bible are more than â€Å"Good News†. They belong to the genre of biography and historiography. As biography it races the birth, growth, crucifixion, and resurrection of Jesus. As historiography it draws a continuous line from the scriptures, from Abraham, through Moses, David, and Isaiah to the age of Jesus. The gospel of St. Luke, from another perspective, is the exposition of God. Its power as scripture is simply unique. How to cite The Gospel of Luke, Papers

Treasury and Risk Management Derivatives

Questions: 1.Why futures and options contracts are generically referred to as derivatives?2.What is the difference between a European and an American option, as far as the buyer and the writer are concerned?3.You are a speculator and you think stock prices will increase. Should you buy a call or a put option?4. Under what circumstances would you make a profit at maturity from a long position in a futures contract on live hogs?5.Who might find a futures contract on (the price of) orange juice, useful? Answers: 1. Futures and options are two most general forms of derivatives. A derivative is commonly stated as the financial instrument that receives its significance from the worth of an underlying instrument. The contract prices of futures and options are also determined by the worth of underlying instrument. Therefore, they are commonly referred as derivatives (Golez 2014). 2. The buyer of the put or call option is in a position to take decision about whether to exercise the option or not. On the contrary, the writer holds the passive position and is obliged to go with the decision of the person having long position. In Europe, the option can be exercised only after the maturity date, that is, the expiry date. On the other hand, the person with long position, that is, the holder at any time, can exercise the American option. Therefore, if the person with long position exercises the option only with consideration to his own profit, the writer may have to bear huge losses. The person with long position of a call or put will never bear loss at the maturity of the contract as he always has the option of not exercising the option. However, he has to make the upfront payment for option premium, and if the contract is held to the date of maturity, he will have to bear the maximum amount of loss (Wang, Zhang and Fang 2015). 3. As a speculator, it will be a better option to buy a call as the price of the stock are expected to increase beyond the strike price and will generate profit for the speculator. Here, the seller of the stock fixes the strike price (Schwager and Etzkorn 2017). 4. Suppose, the price of future at the beginning (t = 0) for the contract of futures, which is also known as the delivery price is F0 = $500 per hog. At the expiry date, suppose the hog price is ST = $310. At this point, there are two options. Firstly, the delivery for the hog under the future contract can be taken and payment can be made as F0 = $500. This amount will go for short under the future contract. On the same day, the hog can be taken to the local market can be sold on Spot for ST = $310 and will earn a profit of ($500 - $310) = $190. 5. It is beneficial for the farmers to use the future contract on dealing of orange juice. The reason behind this is that most of the oranges are grown in Florida, where the weather is of disastrous nature. Due to this, the prices of oranges may raise and make it costly for the buyers, which in turn, may results into high supply and low demand. If the weather is favourable and there is no disaster, the price will decrease for the oranges. The competitors from other counties may also lead to price fall. To protect themselves from loss, the farmers will opt for future contract at a fixed price that will prevent them from losses (Glinberg and Landa 2014). References: Glinberg, D. and Landa, F., Chicago Mercantile Exchange Inc., 2014.Option pricing model for event driven call and put options. U.S. Patent 8,756,139. Golez, B., 2014. Expected returns and dividend growth rates implied by derivative markets.Review of Financial Studies,27(3), pp.790-822. Schwager, J.D. and Etzkorn, M., 2017. An Introduction to Options on Futures.A Complete Guide to the Futures Market: Technical Analysis and Trading Systems, Fundamental Analysis, Options, Spreads, and Trading Principles, pp.477-485. Wang, S., Zhang, S. and Fang, Z., 2015. A superconvergent fitted finite volume method for BlackScholes equations governing European and American option valuation.Numerical Methods for Partial Differential Equations,31(4), pp.1190-1208.