Marc L. Bellucci Proc 5000 Due: 08/29/2008 Mid-Term WEBSTER UNIVERSITY (Mid-Term Exam) Question # 1 Within the content of the evolution of Purchasing & Supply Mgt. From a transaction based (i.e. clerical/mechanical) function to one that is strategic based (i.e. proactive/world class) in the private sector‚ how has the emergence of a strategic focus affected the propagation & implementation of the 5 Major Developments (as stated in the textbook) in the area of Purchasing and Supply
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Marketing 5000 Midterm – Fall 2011 Robyn Edgerton 1. • Build loyalty by creating an opportunity to input on a website or discussion board‚ make customers feel like part of a club. They also do this by getting feedback from consumers and letting them know their opinions count. This is done well by Harley Davidson as well as make-up companies that have websites you can get make-up tips from or learn how to care for your skin. • Loyalty is also built by connecting on an emotional level with
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Accountability is defined as‚ “Obligation of an individual‚ firm‚ or institution to account for its activities‚ accept responsibility for them‚ and to disclose the results in a transparent manner.” The importance of accountability‚ are being on time and in the right uniform. The main reason we have formations and that we are trying to keep account of personnel to know where everybody is at‚ at all times. You need to know where your soldiers are at all times night and day because in the military things
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Army Essay: Community service Community Service refers to service that a person performs for the benefit of his or her local community. Step outside of your familiar environments and expand your horizons. Strengthen your senses of civic engagement and nationalism. Broaden your educational‚ developmental and social goals. I haven’t done a lot of community service‚ but I have put several efforts to help do whatever possible. Most of the few things that I’ve done that may count as community service
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Chapter 3 1. Slightly Used Goods has cash of $2‚150‚ inventory of $28‚470‚ fixed assets of $9‚860‚ accounts payable of $11‚900‚ and accounts receivable of $4‚660. What is the cash ratio? 2. You are analyzing a company that has cash of $11‚200‚ accounts receivable of $27‚800‚ fixed assets of $124‚600‚ accounts payable of $31‚300‚ and inventory of $56‚900. What is the quick ratio? 3. Wilson’s Realty has total assets of $46‚800‚ net fixed assets of $37‚400‚ current liabilities of
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MGT5000 Scenario 1 In my previous position I was responsible for managing a small team of 8 in a high volume retail store. Due to the small team and high work volume‚ many of the team members had established a close friendship. This team comprised of a combination of new and original team members. This team brought both a combination of youth and enthusiasm‚ and maturity and professionalism to the team. Due mainly to the retail environment‚ the store has always had a high turnover of team members
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1. Based on your own research on industrial/commercial and government purchasing‚ what are those elements that you consider to be unique to each? The difference is the two is the government has certain authority and rights that commercial enterprises do not have in my opinion. The government is not in the business in making a profit. There are certain price limits set by the government that can not be exceeded majority of the times when making purchases. In Federal Government contracting‚ specific
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Assignment 1 – Week 1 Case Assignment - Montgomery Ward: The Rise and Fall of an American Retailing Icon 1.) Did Aaron Montgomery Ward understand the marketing concept? I believe Aaron Montgomery did understand the marketing concept. He developed a catalog to provide for customers needs and at the same time it allowed him to open up a whole new market which in turn grew his company into one of the most successful franchises for it’s time. He used customer satisfaction as a building block to
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CH 2-3 Homework CH 2 1. Describe the elements of microenvironment and competitive environment that effect wild water now. Then describe elements that you anticipate will affect the water park in the next few years. The elements of microenvironment for Wild Water (WW) (laws and regulations) are a new state safety law was passed and WW has to make some expensive upgrades to meet the new state standard. (Technology) In the area beach cottages are going to torn down and expensive condominiums are
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Importance of Accountability and Responsibility in the United States Army The following essay is definitions‚ and examples of how responsibility‚ accountability and time management are important to succeeding in today’s Army. Responsibility is increased when soldiers have a single‚ clear set of rules that apply to a specific event. When the guidelines are unclear‚ or when more than one set of rules seems to apply to an event‚ responsibility is decreased. Responsibility is: the obligation for the proper
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