Week 2 assignment: parallel programming jan 8
Question 1 How does parallel processing work in computer architecture?
Question 2 What does Amdahl’s law state? What is Amdahl’s law and why it is used?
Question 3 What are the applications of parallel processing in computer architecture?
Question 4 What are the challenges in parallel processing in computer architecture?
Question 5 Identify reasons for and consequences of the recent switch from sequential processing to parallel processing among hardware manufacturers.
Review a paper | Business & Finance homework help
review paper on business plan organize your peer review as showen below
1. What part(s) of the paper are the most effective?
2. What part(s) of the paper are the least effective?
3. What is the big idea?
4. List the major points of support that demonstrate the paper is evidence-based.
5. Which sentences or paragraphs seem out of order, incompletely explained or otherwise in need of revision?
6. Where are citations needed?
Unit 6 discussion: careers in human services
Select a career in human services that interest you. Visit the Occupational Outlook Handbook http://www.bls.gov/ooh/ and answer the following questions: 1) What are the primary tasks associated with this career (in other words, describe the career)? 2) What are the educational requirements, salary and projected growth of this career? 3) What motivated you to choose this career path? What values or characteristics would be reflected in this work?
600 week 4 | Nursing homework help
Points: 10 | Due Date: Week 4, Day 3 & 7 | CLO: 3 | Grade Category: Discussions
Discussion Prompt
Discuss how you intend to implement your evidence-based findings. What are your anticipated challenges? How do you intend to overcome some of those challenges?
FOCUS on JEAN WATSON THEORY
Expectations
Length: A minimum of 250 words, not including references
Citations: At least one high-level scholarly reference in APA from within the last 5 years
UAG The Importance of Work Ethics in Todays Global Society Essay
Library Assignment instructions: Prepare a White Paper titled The Importance of Work Ethics in Todays Global Society.” Typically, a white paper is brief and written for an audience outside of the profession. You must be factual and concise. As a leader in your community, you need to summarize the importance of work ethics in todays global society. Your audience will be your peers, your superiors, and the community at large.
Case 5 | Marketing homework help
case study eBay
Questions 1. Why has eBay succeeded as an online auction marketplace while so many others have failed?
2. Evaluate eBays fee structure. Is it optimal or could it be improved? Why? How?
3. Whats next for eBay? How does it continue to grow when it needs both buyers and sellers? Where will this growth come from?
Your APA formatted Case Study should be a minimum of 500 words (not including the title and references pages). You are required to use a minimum of three peer-reviewed, academic sources that are no more than five years old (one of which may be your textbook). All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations
In 1995, Pierre Omidayar, a French-Iranian immigrant, wrote the code for an auction Web site where everyone would have equal access to a single global marketplace. Omidayar couldnt believe it when a collector bought the first item, a broken laser pointer, for $14.83.* Soon the site grew into a broader auction site where consumers could auction collectibles such as baseball cards and Barbie dolls. The momentum continued when individuals and small businesses discovered that eBay was an efficient way to reach new consumers and other businesses. Large companies began using eBay as a means of selling their bulk lots of unsold inventory. Today, people can buy and sell virtually any product or service, on the worlds largest online marketplace. From appliances and computers to cars and real estate, sellers can list anything as long as it is not illegal or violates eBays rules and policies. eBays success truly created a pricing revolution by allowing buyers to determine what they would pay for an item; the result pleases both sides because customers gain control and receive the best possible price while sellers make good margins due to the sites efficiency and wide reach. For years, buyers and sellers used eBay as an informal guide to market value. Even a company with a new-product design that wanted to know the going price for anything from a copier to a new DVD player checked on eBay. eBay has evolved to also offer a fixed-price buy it now option to those who dont want to wait for an auction and are willing to pay the sellers price. Sellers can also use the fixed price format with a best offer option that allows the seller to counteroffer, reject, or accept an offer. The impact of eBays global reach is significant. In 2009, over $60 billion worth of goods was sold on eBaythats almost $2,000 worth every second. The site has 405 million registered and 90 million active users and receives 81 million unique visitors a month. More than 1 million members make their living from the site. Yet eBay itself doesnt buy any inventory or own the products on its site. It earns its money by collecting fees: an insertion fee for each listing plus a final-value fee based on the auction or fixed price. For example, if an item sells for $60.00, the seller pays 8.75 percent on the first $25.00 ($2.19) plus 3.5 percent on the remaining $35.00 ($1.23). Therefore, the final-value fee for the sale is $3.42. This pricing structure was developed to attract high-volume sellers and deter those who list only a few low-priced items. With eBays expansion into a wide range of other categoriesfrom boats and cars and travel and tickets to health and beauty and home and gardencollectibles now make up only a small percentage of eBay sales. eBays business model is based on connecting individuals who otherwise would not be connected. It was the first example of online social networking, years before Twitter and Facebook existed, and consumer trust is a key element of its success. While skeptics initially questioned whether consumers would buy products from strangers, Omidayar believed people are innately good, and eBays originators did two things well: they worked hard to make their Web site a community, and they developed tools to help reinforce trust between strangers. The company tracks and publishes the reputations of both buyers and sellers on the basis of feedback from each transaction. eBay extended its feedback service in 2007 by adding four different seller categories: items as described, communication, shipping time, and shipping and handling rate. The ratings are anonymous but visible to other buyers. Sellers with the highest rankings appear at the top of search results. eBays millions of passionate users also have a voice in all major decisions the company makes through its Voice of the Customer program. Every few months, eBay brings in as many as a dozen sellers and buyers and asks them questions about how they work and what else eBay needs to do. At least twice a week the company holds hour-long teleconferences to poll users on almost every new feature or policy. The result is that users (eBays customers) feel like owners, and they have taken the initiative to expand the company into ever-new territory. *Some falsely believe that eBay was created to help Omidayars girlfriend find and collect Pez candy dispensers. That story, however, was created by an employee to help generate initial interest in the company. eBay continues to expand its capabilities to build its community and connect people around the world by adding services, partnerships, and investments. The company acquired PayPal, an online payment service, in 2002 after eBay members made it clear that PayPal was the preferred method of payment. The acquisition lowered currency and language barriers and allowed merchants to easily sell products around the world. eBay also acquired Skype Internet voice and video communication service in 2005, which allowed buyers and sellers to communicate over voice or video free and generated additional ad revenue for eBay. However, in 2009 eBay sold a majority stake in Skype to focus more on its e-commerce and payments businesses, leading the company to acquire Shopping.com, StubHub, Bill Me Later, and others. eBay now has a presence in 39 markets around the world. Although eBay was a darling in the dot-com boom and has achieved tremendous success since then, it is not without challenges. These include a worldwide recession, increased competition from Google, and difficulties as it expands globally into tough markets such as China. Its CEO, Meg Whitman, retired in 2008 after leading the company for 10 years and was replaced by John Donahue. Under its new leadership, the company continues to focus on one of its founding beliefs: a strong commitment to and investment in technologies that help people connect. Recent efforts to adopt mobile applications, integrate with iPhones, and become more green have helped take the company to the top of such lists such as Newsweeks Greenest Companies in America and Fortunes 100 Best Companies to Work For in back-to-back years.
Crj 331 case study 5: stephen collins
Case Study 5: Stephen Collins
Criteria
Unacceptable
Below 60% F
Meets Minimum Expectations
60-69% D
Fair
70-79% C
Proficient
80-89% B
Exemplary
90-100% A
1. Determine whether or not the release of the taped therapy sessions violates the American Psychological Associations Code of Ethics (refer to Table 12.1 in chapter 12 of the text). Next, discuss the likelihood of a lawsuit against the therapist and the media outlet that released the recording. Provide a rationale to support your position.
Weight: 30%
Did not submit or incompletely determined whether or not the release of the taped therapy sessions violates the American Psychological Associations Code of Ethics (refer to Table 12.1 in chapter 12 of the text).
Did not submit or incompletely discussed the likelihood of a lawsuit against the therapist and the media outlet that released the recording. Did not submit or incompletely provided a rationale for your response.
Insufficiently determined whether or not the release of the taped therapy sessions violates the American Psychological Associations Code of Ethics (refer to Table 12.1 in chapter 12 of the text). Insufficiently discussed the likelihood of a lawsuit against the therapist and the media outlet that released the recording. Insufficiently provided a rationale for your response.
Partially determined whether or not the release of the taped therapy sessions violates the American Psychological Associations Code of Ethics (refer to Table 12.1 in chapter 12 of the text). Partially discussed the likelihood of a lawsuit against the therapist and the media outlet that released the recording. Partially provided a rationale for your response.
Satisfactorily determined whether or not the release of the taped therapy sessions violates the American Psychological Associations Code of Ethics (refer to Table 12.1 in chapter 12 of the text). Satisfactorily discussed the likelihood of a lawsuit against the therapist and the media outlet that released the recording. Satisfactorily provided a rationale for your response.
Thoroughly determined whether or not the release of the taped therapy sessions violates the American Psychological Associations Code of Ethics (refer to Table 12.1 in chapter 12 of the text). Thoroughly discussed the likelihood of a lawsuit against the therapist and the media outlet that released the recording. Thoroughly provided a rationale for your response.
2. Review the roles of the forensic psychologist as outlined in chapter 12 of your text. Next, select one (1) of the roles that you believe a forensic psychologist must play during the trial, if criminal charges against Collins are filed. Ascertain the importance of the role that you selected and suggest the main actions that the forensic psychologist must take in order to play the role that you selected.
Weight: 30%
Did not submit or incompletely reviewed the roles of the forensic psychologist as outlined in chapter 12 of your text. Did not submit or incompletely selected one (1) of the roles that you believe a forensic psychologist must play during the trial, if criminal charges against Collins are filed. Did not submit or incompletely ascertained the importance of the role that you selected and did not submit or incompletely suggested the main actions that the forensic psychologist must take in order to play the role that you selected.
Insufficiently reviewed the roles of the forensic psychologist as outlined in chapter 12 of your text.roles of the forensic psychologist as outlined in chapter 12 of your text. Insufficiently selected one (1) of the roles that you believe a forensic psychologist must play during the trial, if criminal charges against Collins are filed. Insufficiently ascertained the importance of the role that you selected and insufficiently suggested the main actions that the forensic psychologist must take in order to play the role that you selected.
Partially reviewed the roles of the forensic psychologist as outlined in chapter 12 of your text. Partially selected one (1) of the roles that you believe a forensic psychologist must play during the trial, if criminal charges against Collins are filed. Partially ascertained the importance of the role that you selected and partially suggested the main actions that the forensic psychologist must take in order to play the role that you selected.
Satisfactorily reviewed the roles of the forensic psychologist as outlined in chapter 12 of your text. Satisfactorily selected one (1) of the roles that you believe a forensic psychologist must play during the trial, if criminal charges against Collins are filed. Satisfactorily ascertained the importance of the role that you selected and satisfactorily suggested the main actions that the forensic psychologist must take in order to play the role that you selected.
Thoroughly reviewed the roles of the forensic psychologist as outlined in chapter 12 of your text. Thoroughly selected one (1) of the roles that you believe a forensic psychologist must play during the trial, if criminal charges against Collins are filed. Thoroughly ascertained the importance of the role that you selected and thoroughly suggested the main actions that the forensic psychologist must take in order to play the role that you selected.
3. Discuss one (1) regulation that you feel the Substance Abuse and Mental Health Services Administration (SAMHSA) should make regarding the practice of recording patient therapy sessions in order to balance protecting the public with protecting patient privacy. Provide a rationale for your response.
Weight: 25%
Did not submit or incompletely discussed one (1) regulation that you feel the Substance Abuse and Mental Health Services Administration (SAMHSA) should make regarding the practice of recording patient therapy sessions in order to balance protecting the public with protecting patient privacy. Did not submit or incompletely provided a rationale for your response.
Insufficiently discussed one (1) regulation that you feel the Substance Abuse and Mental Health Services Administration (SAMHSA) should make regarding the practice of recording patient therapy sessions in order to balance protecting the public with protecting patient privacy. Insufficiently provided a rationale for your response.
Partially discussed one (1) regulation that you feel the Substance Abuse and Mental Health Services Administration (SAMHSA) should make regarding the practice of recording patient therapy sessions in order to balance protecting the public with protecting patient privacy. Partially provided a rationale for your response.
Satisfactorily discussed one (1) regulation that you feel the Substance Abuse and Mental Health Services Administration (SAMHSA) should make regarding the practice of recording patient therapy sessions in order to balance protecting the public with protecting patient privacy. Satisfactorily provided a rationale for your response.
Thoroughly discussed one (1) regulation that you feel the Substance Abuse and Mental Health Services Administration (SAMHSA) should make regarding the practice of recording patient therapy sessions in order to balance protecting the public with protecting patient privacy. Thoroughly provided a rationale for your response.
4. Support your views with at least three (3) relevant and credible references, documented according to APA.
Weight: 5%
No references provided
Does not meet the required number of references; all references poor quality choices.
Does not meet the required number of references; some references poor quality choices.
Meets number of required references; all references high quality choices.
Exceeds number of required references; all references high quality choices.
5. Clarity, writing mechanics, and formatting requirements
Weight: 10%
More than 8 errors present
7-8 errors present
5-6 errors present
3-4 errors present
0-2 errors present
Clinical information systems | NURSING | Chamberlain College of Nursing
Electronic health records (EHRs), by streamlining how health care is provided, can improve the efficiency of medical records and the quality of care (Jette, 2019). Clinical documentation needs to reflect and be consistent with the care provided (Jette, 2019). Tracking patients records and their care has improved the quality of care by reducing errors (Balestra, 2019).
Briefly describe the selected EHR software solutions. Include three features of each software in the description.
EPIC EHR
Epic is an electronic medical record that is a centralized solution for health care communication and documentation. It delivers and coordinates care through dedicated modules for many specialties, including hospitals, long-term care, labs, rehab, urgent care, and many more. This software offers many features, including but not limited to telehealth, analytics, and clinical.
Telehealth
Telehealth has a patient portal for patients to manage their care through electronic access to their healthcare information. They can schedule appointments, attend electronic telehealth visits, message their doctors, provide better health outcomes, and be accessible and available on tablets and phones. It also allows for monitoring patients in ICU, manages chronic diseases, has central deterioration monitoring, and allows case managers to manage care and coordinate discharge plans in acute care settings, hospitals, and rural settings.
Analytics
Analytics collects all the information that has been imputed and curates all the information at one point so that users can access it; it provides dashboards and reports that are utilized for benchmarking and quality improvement of patient care. Analytics allows the health care team to investigate through the built-in dashboards and quickly provide adequate care to the patient. The management of data allows for quick answers to complicated questions by combining the clinical data that has been inputted by care staff, allowing for quick decision-making.
Clinical
The clinical program is tailored to fit the organizations needs, from workflow to the layout of screens. Clinical documentation, care planning, medications administration and orders, physician updates are at the fingertips of all staff. Data inputted by the health care professionals are linked and streamlines to get patients healthier faster, connecting physicians through the web, mobile phones, and high other tech methods. The staff has access to one point of care date, real-time, allowing for quick response, solutions, and positive patient outcomes.
iCare Manager
iCare manager is software primarily used by assisted livings and small group homes for the elderly. It focuses specifically on the elderly and their diagnosis and plan of care. It is a relatively new system focusing on the small providers of long-term healthcare. iCare is an electronic medical record that is a centralized electronic solution for assisted livings, providing documentation at one point that is accessible to other users within the same organization. It delivers and coordinates care through dedicated modules specific to assisted livings. This software offers analytics, Emar, assessments, care tracker, clinical documentation, staff licensure, and staffing schedules.
EMAR
Electronic medical records can coordinate all medications based on scheduled administration time, allow staff to sign medication administration, and send alerts to managers for any missed mediations, allowing for quick follow-up. It can set parameters, create a face-sheet with all patient demographics, including physician and pharmacy information. Its clear screen display allows for streamlined medication administration by care staff and links with a pharmacy for accurate updates and changes with new medication orders.
Assessments
The assisted living completed routine and regular assessments on all residents based on health care regulations. iCare Manager has a component designed to meet the specific documentation requirement for delegating nurses and managers by health care regulatory requirements.
Care Tracker
Assisted Livings are required to track and document the ADLs of all the patients. Care tracker is a component of iCare, where care staff can log in and document all care provided daily. It can scan documents that can be integrated into the patients chart and easily accessible to the healthcare team. It tracks and sends alerts to the manager and delegating nurse any abnormal issues or concerns. For example, if a patient has not had a bowel movement for three days, an alert will be sent to quickly take the appropriate action, resulting in better patient outcomes.
All components of the iCare manager are integrated, allowing for access on mobile phones and pads. Physician, nursing team pharmacy all have access to one point allowing for seamless, efficient care and outcomes.
Compare and contrast the benefits of the two selected EHR software solutions.
EPIC and iCare are both web-based electronic health record software. Epic is aimed for use at hospitals and acute care settings; iCare is specific for assisted livings. Both have a good workflow and are easy to use; EPIC can be customized, iCare is not customizable. Epic provides a patient portal for patients to log in and manage their health care; iCare does not have a patient portal. Both allow providers to scan documents and save them in the patients portal, and both are easily accessible from mobile phones. Acute care and hospitals settings use EPIC, which has been around for some time and can meet their communication and documentation needs. iCare is relatively new and is still going through growing pains, but it is by far one of the best soft wares for small assisted livings with less than 16 residents. Both have issues related to web-based access. If power or connection is lost, it places the health care providers in the difficult position of trying to care without access to the patient portal and could increase errors.
Select an EHR software solution that is best suited for your workplace environment. Identify the workplace environment (hospital, stand-alone private practice, etc.) and provide your rationale for the selected software.
iCare is best suited for my care environment. As a small assisted living provider with 16 residents and low staff numbers, meeting the regulatory requirements can be challenging. iCare, with its user-friendly software, allows for easy documentation of assessments, care plans, nursing notes, and direct connectivity with pharmacy and physicians, makes it a cost-effective and user-friendly solution that meets our needs. The staff has direct access to EMAR for daily medication administration, and the caretaker tracks activities of daily living required by our regulatory board. iCare sends alerts directly to mobile devices if medications are missed or omitted or any abnormal readings of vital signs, weights, bowel movements. Continued upgrades are needed to accommodate the changing needs of small assisted livings, according to Schopf et al. (2019), substantial development is required to improve the EHR to support patients health information for healthcare providers accurately. An abundance of healthcare information can be managed through databases by using electronic medical records, and this makes data more easily shared between providers and organizations (Kruse et al, 2018. p.14)
References
Balestar, M.L. (2019). Electronic health record: Patient care and ethical and legal implications for nurse practitioners. JNP. 13(2), 105-111
Jetté, N., & Kwon, C. (2019). Electronic Health RecordsA system only as beneficial as Its data. JAMA. 2(9), DOI:10.1001/jamanetworkopen.2019.11679
Kruse, C. S., Stein, A., Thomas, H., Kaur, H. (2018). The use of electronic health records to support population health: A systematic review of the literature. Journal of Medical Systems, 42(11), 2-16. https://doi.org/10.1007/s10916-018-1075-6
Schopf, T.R., Nedrebø, B., Hufthammer, K.O., Daphu (Links to an external site.), I.K., Lærum (Links to an external site.), H. (2019). How well is the electronic health record supporting the clinical tasks of hospital physicians? A survey of physicians at three Norwegian hospitals. BMC Health Serv Res. 19(934). DOI: org/10.1186/s12913-019-4763-0
I NEED A COMMENT FOR THIS DISCUSSION BOARD WITH AT LEAST 2 PARAGRAPHS AND USE 3 SOURCES NO LATER THAN 5 YEARS.
Busi 342 db3 replies | Business & Finance homework help
1 day ago
Randy Shepherd
Randy Shepherd DB 3
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Coca Cola began a pay for performance program in 2014 according to news reports from CNBC. Then in 2015 the company revamped this system, “Beginning in 2015, performance metrics applied to long-term awards will provide a balanced approach to incentives, increase alignment with local operations and pay for results that employees can more directly influence,” (CNBC, 2014).
Coca Cola has a Compensation Committee which oversees all compensation programs for the company. In describing the reasons for the compensation systems used at Coca Cola, the Compensation Committee issued this quote. (We are) focused on fostering a high-performance culture and continuing to align pay and performance against the key strategic drivers of long-term growth. (Coca Cola Unbottled Our Blog, 2016). This is a component of performance management. Performance management is a series of activities designed to ensure that the organization gets the performance it needs from its employees (Mathis, 2017, Chapter 10-1)
The majority of the focus of the Compensation Committee is on the performance compensation of the executives of Coca Cola. The compensation program is guided by three principles.
1. Pay for Performance. The great majority of pay for executives should be at-risk and performance-based with metrics aligned to the Companys financial results and business strategy and have a clear connection to the employees individual performance.
2. Maintain programs that will attract and retain critical talent, while reinforcing a high-performing and accountable culture. Compensation programs should be competitive in the marketplace and designed to retain talent over the longer term, while holding employees accountable to the Companys strategy and values.
3. Consider the Coca-Cola system. Employees are required to operate and have influence in the context of a broad and complex global Coca-Cola system, which includes the independent bottling partners. While the Company had approximately $42 billion in reported net operating revenues in 2016, the Coca-Cola system generates more than $100 billion in revenues, operates in over 200 countries and employs more than 700,000 people. The executives and employees must not only manage the business but also support its bottlers and other partners. This alignment and a shared vision of success are critical to drive long-term growth.
This compensation program rewards top executives with bonuses and stock options which more than double their salaries. The executives who benefit are expected to deliver results in leading the company in growth in the beverage industry. The long term incentive program will continue to provide awards to a broad-based population of employees. The majority of employees currently eligible for long-term awards will begin receiving long-term incentives as performance cash awards in 2015, which will continue to provide competitive incentives consistent with the Companys pay for performance philosophy.
Coca Cola has also expanded this concept of Pay for Performance to its advertising agencies. If the agency doesnt deliver advertising that works to increase profits, then Coca Cola only pays them for the cost of the advertisement but not additional profits. This has led to increased innovation in the advertising of their product. This pay for performance model is risky for the advertising agency, because they may have hundreds of employee hours invested in a television commercial and if it doesnt do well in the market place, then that advertiser doesnt make a profit. On the other hand, Coca Cola is a large wealthy company, and the advertising agency would be rewarded handsomely for a successful campaign. If the agency is able to really add value to the Coke products, the agency can earn as high as 30 percent profit (Trendsupdates.com)
In looking at the history of Coca Cola and what brought about this pay for performance change, the article Corporations as Partners: Connected Capitalism and The Coca-Cola Company by Robert J. Foster alludes that former CEO Neville Isdell, the CEO of the company from 2004 to 2008, had a mindset of partnering with other corporations and NGOs to improve the companys brand as well as change the world for the better. Profits and progress, Isdell claims, need not conflict: In fact, one demands the other (Foster, 2014). It appears this mindset of the company led ultimately to the current compensation program.
The American dream is built on hard work and being rewarded for that work. While everyone needs money and resources to sustain life, the most important thing is to live for Christ in all we do and put his cause above all worldly pursuits. Proverbs 14:23 In all toil there is profit, but mere talk tends only to poverty.
References
Foster, R. J. (2014), Corporations as Partners: Connected Capitalism and The Coca-Cola Company. PoLAR, 37: 246258. doi:10.1111/plar.12073
Mathis, R. L., Jackson, J. H., Valentine, S. R., & Meglich, P. A. (2017). Human resource management.
https://www.cnbc.com/2014/10/01/coca-cola-revises-pay-plan-after-consulting-with-shareholders.html
http://www.coca-colacompany.com/coca-cola-unbottled/coca-colas-board-of-directors-outlines-compensation-strategy
http://www.coca-colacompany.com/content/dam/journey/us/en/private/fileassets/pdf/investors/2017-proxy-statement.pdf
http://www.iaauae.org/en/news-archive/coke-leads-pay-for-performance-model.html
1 day ago
Jennifer Comer-Acker
Forum: Forum 3 (Modules 5 and 6)
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Forum: Forum 3 (Modules 5 and 6)
Pay-for-performance philosophy A financial reward system for employees where some or all of their monetary compensation is related to how their performance is assessed relative to stated criteria. Performance related pay can be used in a business context for how an individual, a team or the entire company performs during a given time frame (Performance Related Pay, n.d.).
Auto makers are a large corporation that use the pay-for-performance philosophy. After many years of assembly line workers putting cars together it is now evolved into several departments working to bring a vehicle together. Auto Makers are providing incentives and using the pay for performance model to make high quality cars faster. The United Auto Workers Union have already settled with General Motors and have a tentative agreement with Ford and they are wrapping up talks with Chrysler (DuBois, 2011).
The driving reason behind the United Auto Workers Union and the auto manufacturers to create a pay-for-performance model, is to create the incentive to its employees to work better and faster. Incentives to make the same car, but with less errors and less time give an employee something to strive for and not just come in for a solitary paycheck. United Auto Workers and the auto manufacturing companies are trying to create more auto jobs in America; therefore, GM and Ford have offered sign on bonuses and profit sharing plans for the entry level workers coming in at lower salaries (DuBois, 2011).
Many major companies and the government included, are considering going to a pay for performance model to help in the low cash flow issues. In the tough economic times, top working employees need to be compensated for their superior performance. Companies must make sure that they clearly communicate the types of compensation that they will offer in the pay for performance models. When getting the employee geared up for making more by working harder there will be a shift in the overall performance that will help in the end keep companies open. All workers can work to a common goal to perform better to create a better produce and in the end, make more money for themselves and the companies that they work for (DuBois, 2011).
There are some not so nice side effects of the pay to perform models that can lead to criminal activity or the undoing of the entire company. With enough money to be had good people can do some bad things and when selfishness takes over there can be a mess. There must be clear boundaries for incentives, what is and is not allowed, before any wrong doing can begin. Several examples of Pay-to-Perform gone wrong are Enron, Galleon, UBS and Wells Fargo to name a few (Khan, 2016). If corporations want to promote conscientious behavior, then conscious needs to be given a breathing room. How much for your integrity? Does everyone has a price? George Washington supposedly said few men have the honor to withstand the highest bidder (Khan, 2016).
References
DuBois, S. (2011, October 07). Why automakers are adopting pay for performance. Retrieved from Fortune: http://fortune.com/2011/10/07/why-automakers-are-adopting-pay-for-performance/
Khan, R. (2016, October 12). There’s a problem with ‘pay for performance’. Retrieved from Business Insider: http://www.businessinsider.com/theres-a-problem-with-pay-for-performance-2016-10
Performance Related Pay. (n.d.). Retrieved from Business Dictionary: http://www.businessdictionary.com/definition/performance-related-pay.html
Fin 571 week 6 final ( fin571 week 6 finals exam mcq ) fin/571
FIN571 Week 6 Finals EXAM (****** 30/30 Correct Answer ******) 100% A+ Score
Multiple Choice Question 51
Which of the following is considered a hybrid organizational form?
[removed]
sole proprietorship
[removed]
limited liability partnership
[removed]
partnership
Multiple Choice Question 59
Which of the following is a principal within the agency relationship?
[removed]
the CEO of the firm
[removed]
the board of directors
[removed]
a company engineer
[removed]
a shareholder
Multiple Choice Question 78
Which of the following presents a summary of the changes in a firms balance sheet from the beginning of an accounting period to the end of that accounting period?
[removed]
The statement of retained earnings.
[removed]
The statement of working capital.
[removed]
The statement of cash flows.
[removed]
The statement of net worth.
Multiple Choice Question 57
Teakap, Inc., has current assets of $ 1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000, and retained earnings of $1,468,347. How much long-term debt does the firm have?
[removed]
$803,010
Multiple Choice Question 63
Efficiency ratio: Gateway Corp. has an inventory turnover ratio of 5.6. What is the firm’s days’s sales in inventory?
[removed]
57.9 days
Multiple Choice Question 70
Leverage ratio: Your firm has an equity multiplier of 2.47. What is its debt-to-equity ratio?
[removed]
1.47
Multiple Choice Question 84
Which of the following is not a method of benchmarking?
[removed]
Conduct an industry group analysis.
[removed]
Identify a group of firms that compete with the company being analyzed.
[removed]
Utilize the DuPont system to analyze a firms performance.
[removed]
Evaluating a single firms performance over time.
Multiple Choice Question 67
Present value: Jack Robbins is saving for a new car. He needs to have $ 21,000 for the car in three years. How much will he have to invest today in an account paying 8 percent annually to achieve his target? (Round to nearest dollar.)
[removed]
$19,444
Multiple Choice Question 62
PV of multiple cash flows: Ferris, Inc., has borrowed from their bank at a rate of 8 percent and will repay the loan with interest over the next five years. Their scheduled payments, starting at the end of the year are as follows$450,000, $560,000, $750,000, $875,000, and $1,000,000. What is the present value of these payments? (Round to the nearest dollar.)
[removed]
$2,815,885
Multiple Choice Question 64
PV of multiple cash flows: Ajax Corp. is expecting the following cash flows$79,000, $112,000, $164,000, $84,000, and $242,000over the next five years. If the company’s opportunity cost is 15 percent, what is the present value of these cash flows? (Round to the nearest dollar.)
[removed]
$429,560
Multiple Choice Question 72
Future value of an annuity: Jayadev Athreya has started on his first job. He plans to start saving for retirement early. He will invest $5,000 at the end of each year for the next 45 years in a fund that will earn a return of 10 percent. How much will Jayadev have at the end of 45 years? (Round to the nearest dollar.)
[removed]
$3,594,524
Multiple Choice Question 57
Serox stock was selling for $20 two years ago. The stock sold for $25 one year ago, and it is currently selling for $28. Serox pays a $1.10 dividend per year. What was the rate of return for owning Serox in the most recent year? (Round to the nearest percent.)
[removed]
16%
Multiple Choice Question 62
Bond price: Regatta, Inc., has six-year bonds outstanding that pay a 8.25 percent coupon rate. Investors buying the bond today can expect to earn a yield to maturity of 6.875 percent. What should the company’s bonds be priced at today? Assume annual coupon payments. (Round to the nearest dollar.)
[removed]
$1,066
Multiple Choice Question 57
PV of dividends: Next year Jenkins Traders will pay a dividend of $3.00. It expects to increase its dividend by $0.25 in each of the following three years. If their required rate of return is 14 percent, what is the present value of their dividends over the next four years?
[removed]
$13.50
Multiple Choice Question 79
Capital rationing. TuleTime Comics is considering a new show that will generate annual cash flows of $100,000 into the infinite future. If the initial outlay for such a production is $1,500,000 and the appropriate discount rate is 6 percent for the cash flows, then what is the profitability index for the project?
[removed]
1.11
Multiple Choice Question 88
What decision criteria should managers use in selecting projects when there is not enough capital to invest in all available positive NPV projects?
[removed]
The profitability index.
[removed]
The internal rate of return.
[removed]
The modified internal rate of return.
[removed]
The discounted payback
Multiple Choice Question 60
How firms estimate their cost of capital: The WACC for a firm is 13.00 percent. You know that the firm’s cost of debt capital is 10 percent and the cost of equity capital is 20%. What proportion of the firm is financed with debt?
[removed]
70%
Multiple Choice Question 85
If a company’s weighted average cost of capital is less than the required return on equity, then the firm:
[removed]
Must have preferred stock in its capital structure
[removed]
Is financed with more than 50% debt
[removed]
Is perceived to be safe
[removed]
Has debt in its capital structure
Multiple Choice Question 68
The cost of equity: Gangland Water Guns, Inc., is expected to pay a dividend of $2.10 one year from today. If the firm’s growth in dividends is expected to remain at a flat 3 percent forever, then what is the cost of equity capital for Gangland if the price of its common shares is currently $17.50?
[removed]
15.36%
Multiple Choice Question 32
A firm’s capital structure is the mix of financial securities used to finance its activities and can include all of the following except
[removed]
preferred stock.
Multiple Choice Question 54
M&M Proposition 1: Dynamo Corp. produces annual cash flows of $150 and is expected to exist forever. The company is currently financed with 75 percent equity and 25 percent debt. Your analysis tells you that the appropriate discount rates are 10 percent for the cash flows, and 7 percent for the debt. You currently own 10 percent of the stock.
If Dynamo wishes to change its capital structure from 75 percent to 60 percent equity and use the debt proceeds to pay a special dividend to shareholders, how much debt should they issue?
[removed]
$375
Multiple Choice Question 69
Multiple Analysis: Turnbull Corp. had an EBIT of $247 million in the last fiscal year. Its depreciation and amortization expenses amounted to $84 million. The firm has 135 million shares outstanding and a share price of $12.80. A competing firm that is very similar to Turnbull has an enterprise value/EBITDA multiple of 5.40.
What is the enterprise value of Turnbull Corp.? Round to the nearest million dollars.
[removed]
$453.6 million
Multiple Choice Question 86
External financing needed: Jockey Company has total assets worth $4,417,665. At year-end it will have net income of $2,771,342 and pay out 60 percent as dividends. If the firm wants no external financing, what is the growth rate it can support?
[removed]
25.1%
Multiple Choice Question 46
Which of the following cannot be engaged in managing the business?
[removed]
a sole proprietor
[removed]
a general partner
[removed]
a limited partner
[removed]
none of these
Multiple Choice Question 80
Which of the following does maximizing shareholder wealth not usually account for?
[removed]
Government regulation.
[removed]
The timing of cash flows.
[removed]
Amount of Cash flows.
Multiple Choice Question 41
The strategic plan does NOT identify
[removed]
working capital strategies.
[removed]
the lines of business a firm will compete in.
[removed]
major areas of investment in real assets.
[removed]
future mergers, alliances, and divestitures.
Multiple Choice Question 67
Firms that achieve higher growth rates without seeking external financing
[removed]
have a low plowback ratio.
[removed]
have less equity and/or are able to generate high net income leading to a high ROE.
[removed]
are highly leveraged.
Multiple Choice Question 75
Payout and retention ratio: Drekker, Inc., has revenues of $312,766, costs of $220,222, interest payment of $31,477, and a tax rate of 34 percent. It paid dividends of $34,125 to shareholders. Find the firm’s dividend payout ratio and retention ratio.
[removed]
55%, 45%
Multiple Choice Question 30
The cash conversion cycle
[removed]
begins when the firm uses its cash to purchase raw materials and ends when the firm collects cash payments on its credit sales.
[removed]
estimates how long it takes on average for the firm to collect its outstanding accounts receivable balance.
[removed]
shows how long the firm keeps its inventory before selling it.
[removed]
begins when the firm invests cash to purchase the raw materials that would be used to produce the goods that the firm manufactures.
Multiple Choice Question 58
You are provided the following working capital information for the Ridge Company:
Ridge Company
Account
$
Inventory
$12,890
Accounts receivable
12,800
Accounts payable
12,670
Net sales
$124,589
Cost of goods sold
99,630
Cash conversion cycle: What is the cash conversion cycle for Ridge Company?
FIN/571 Week 6 Final Exam Quiz
FIN571 Week 6 Final Exam
FIN 571 Week 6 Finals
