Riordan Business Systems Verne Weikle BSA/310 August 12‚ 2012 Michele Petrone Executive Summary Riordan Manufacturing’s (Riordan) Chief Executive Officer has requested a review of all Riordan’s business systems issued on Service Request SR-rm-012 (University of Phoenix‚ 2013). The comprehensive review will provide management the information needed to determine any improvements to Riordan’s business systems. First‚ the review will assess Riordan’s existing business systems by department
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Riordan Manufacturing Assessment In order for a company to stay competitive a company must stay current with changing business systems and technologies. The following assessment is being done in order to find which systems and technologies‚ if any‚ need to be updated or changed. This will help the Riordan Company continue the long standing commitment to excellence that the company is known for. Finance and Accounting is one of the most important departments in the company. For this reason the
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Riordan Manufacturing Financial State BSA 500 University of Phoenix Riordan Manufacturing: Financial State Riordan Manufacturing (RM) is a global organization that specializes in the manufacture of molded plastic products. With revenues in excess of $1 billion‚ RM employs 550 people and has projected annual earnings of $46 million. The organization operates three separate manufacturing facilities located in Albany‚ Georgia‚ Pontiac‚ Michigan‚ and a joint venture in Hangzhou‚ China. With
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Functional Areas of Business: Operations and Project Management Gregory J. Deschapell MGT521/Management February 12‚ 2013 Dr. Rosamaria Murillo Functional Areas of Business: Operations and Project Management There are several functional areas that compose a business. These areas frequently‚ if not constantly‚ interact with one another to ensure that the organization succeeds. This paper will summarize two of these functional areas: Operations and Project Management. We will also review the
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. Riordan Manufacturing Strategic Plan University of Phoenix Strategic Management MGT/498 Riordan Manufacturing Strategic Plan A world renowned plastics manufacturer employing nearly 550 workers worldwide‚ Riordan Manufacturing Co. a leader in the industry of plastic injection molding‚ has more than $1 billion in revenue. With operations based in California‚ Michigan‚ Georgia‚ and China‚ review of current resources within Riordan’s business structure reveal numerous areas in need
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Functional areas Function Areas What are main activities for each Functional area Finance Producing invoices‚ checking payments are received and chasing up overdue payments Recording money received Checking and paying invoices received Preparing the payroll and paying staff salaries Monitoring departmental budgets to check managers are not overspending Issuing regular budget reports to all departmental managers Producing cash flow forecasts and regular financial reports for senior managers Advising
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Human Resources for Riordan Manufacturing Being a fortune 1000 enterprise and leader in the area of plastic injection molding‚ Riordan Manufacturing‚ Inc. has gained international praise on producing new and improved plastic designs with their “state of the art design capabilities.” (Virtual Organization) Riordan Manufacturing’s facilities are located in San Jose‚ CA; Albany‚ GA; Pontiac‚ MI; and Hangzhou‚ China. Some of their products include: plastic drink containers (GA)‚ tailor-made plastic parts
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Corporate Compliance Plan: Riordan Manufacturing name University of Phoenix LAW/531 Business Law SC10MBA01B Teacher name May 26‚ 2010 Corporate Compliance Plan: Riordan Manufacturing In the early 20th century many large corporations were guilty of committing scandals and fraudulent activities. Many people today are very familiar with Sarbanes Oxley Act (SOX) of 2002 when the large companies such as Enron‚ WorldCom‚ Adelphia‚ and many others collapsed between 2001 and 2002‚ and Congress
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Functional areas of business Businesses are composed of different areas that work cohesively to achieve goals. The areas are often referred to as departments or functional areas. Accounting‚ Human Resources‚ Operations‚ and Sales are all examples of functional areas. Every business needs the functional areas‚ but not every business will separate them into individual departments or functional areas. Small businesses could have one person responsible for Operations and Accounting‚ whereas larger
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Riordan � PAGE * MERGEFORMAT �1� Riordan Manufacturing J.Enriquez‚ R.Graves‚ and G.Sweatt MGT/360 3/15/11 Vicki Bauer Abstract This paper will summarize objectives‚ targets‚ and programs identified as important for Riordan Manufacturing to improve its sustainability practices. Relevant technologies‚ strategies‚ products‚ and practices will be identified. Then‚ a cost benefit analysis will be performed on the proposed solutions. Finally‚ the three best practices that Riordan Manufacturing
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