Business

On January 20, 2017, Tamira Nelson, the accountant for Picton Enterprises, is feeling pressure to complete the annual financial statements. The company president has said he needs up-to-date financial statements to share with the bank on January 21 at a dinner meeting that has been called to discuss Picton’s obtaining loan financing for a special building project. Tamira knows that she will not be able to gather all the needed information in the next 24 hours to prepare the entire set of adjusting entries. Those entries must be posted before the financial statements accurately portray the company’s performance and financial position for the fiscal period ended December 31, 2016. Tamira ultimately decides to estimate several expense accruals at the last minute. When deciding on estimates for the expenses, she uses low estimates because she does not want to make the financial statements look worse than they are. Tamira finishes the financial statements before the deadline and gives them to the president without mentioning that several account balances are estimates that she provided.RequiredIdentify several courses of action that Tamira could have taken instead of the one she took.If you were in Tamira’s situation, what would you have done? Briefly justify your response.

Introduce yourself to your peers by sharing something unique about your background. Explain how you expect this course will help you move forward in your current or future career.In the discussion preparation, you reviewed the FedEx Corporation’s 2019 annual report and focused on the detailed accounting information. In this week’s reading, Lin demonstrates that successful implementation of the shipping company’s financial accounting information management systems must go through three steps; implementation of management system module; implementation of financial accounting function; and implementation of management accounting function.Review the recommended implementation suggested by Lin in Design and Implementation of Financial Accounting Information Management System of Shipping Companies Based on ERP. Journal of Coastal Research.Evaluate at least one implementation process. Find a gap in the suggested implementation, considering the readings in your text, and propose a method to correct it.Be sure to respond to at least one of your classmates’ posts.

· The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.· Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.· Students must mention question number clearly in their answer.· Late submission will NOT be accepted.· Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.· All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).· Submissions without this cover page will NOT be accepted.Critical ThinkingThe global marketplace has witnessed an increased pressure from customers and competitors in manufacturing as well as service sector (Basu, 2001; George, 2002). Due to the rapidly changing global marketplace only those companies will be able to survive that will deliver products of good quality at cheaper rate and to achieve their goal companies try to improve performance by focusing on cost cutting, increasing productivity levels, quality and guaranteeing deliveries in order to satisfy customers (Raouf, 1994).Increased global competition leads the industry to increasing efficiency by means of economies of scale and internal specialization to meet market conditions in terms of flexibility, delivery performance and quality (Yamashina, 1995). The changes in the present competitive business environment characterized by profound competition on the supply side and keen indecisive in customer requirements on the demand side. These changes have left their distinctive marks on the different aspect of the manufacturing organizations (Gomes et al., 2006). With this increasing global economy, cost effective manufacturing has become a requirement to remain competitive.To meet all the challenges organizations try to introduce different manufacturing and supply techniques. Management of organizations devotes its efforts to reduce the manufacturing costs and to improve the quality of product. To achieve this goal, different manufacturing and supply techniques employed. The last quarter of the 20th century witnessed the adoption of excellent, lean and integrated manufacturing strategies that have drastically changed the way manufacturing firm’s leads to improvement of manufacturing performance (Fullerton and McWatters, 2002).Consult chapter 7 of your textbook or secondary available data through internet and answer the following questions.Question:1. Why Companies adopted Lean Thinking and JIT model? (1.5 Mark)2. Discuss major types of Waste, companies has to keep in mind during production. (1.5 Mark)3. Due to pandemic COVID 19 emergency, do you think agile supply chain is the right concept in this kind of situation? Give reason with example. (1.5 Mark)4. Reference (0.5 Mark)The Answer must follow the outline points below:· Each answer should be 300 to 500 range of word counts.· Lean Thinking and JIT Concept· Agile Supply chain· Their Main functions· Reasons with suitable Examples· Reference use APA style of referencing

Search the Internet for an article where physical security failed:Propose a possible change in that organization’s physical security that could haveprevented the breach/failure for that scenario.No photos or graphs.

Critical Thinking: Strategic Recommendations (115 points)Managing the multi-business corporation to meet high performance expectations is problematic. Publicly traded companies are pressured to return favourable quarterly results and as corporations grow larger and more complex, it becomes harder to manage such corporations effectively. General Electric (GE) was once one of the most admired corporations in the world. Today, GE is facing a much-reduced outlook. For this week’s assignment, read the case study found in your textbook (Case 20): Restructuring General Electric.Remember, a case study is a puzzle to be solved, so before reading and answering the specific case and study questions, develop your proposed solution by following these five steps:1. Read the case study to identify the key issues and underlying issues. These issues are the principles and concepts of the course area which apply to the situation described in the case study.2. Record the facts from the case study which are relevant to the principles and concepts of the course area issues. The case may have extraneous information not relevant to the current course area. Your ability to differentiate between relevant and irrelevant information is an important aspect of case analysis, as it will inform the focus of your answers.3. Describe in some detail the actions that would address or correct the situation.4. Consider how you would support your solution with examples from experience or current real-life examples or cases from textbooks.5. Complete this initial analysis and then read the discussion questions. Typically, you will already have the answers to the questions but with a broader consideration. At this point, you can add the details and/or analytical tools required to solve the case.Case Study Questions:1. Why was GE considered to be such an exemplary organization? (Discuss GE’s management systems and performance.)2. Discuss the nature of GE’s corporate portfolio under Welch and Imelt. Did the nature of GE’s portfolio under Welch and Imelt provide superior results?=3. If GE’s portfolio mix gave superior results, why was it necessary to restructure the portfolio?4. Why is GE’s performance no longer superior? What are the reasons for the collapse in GE’s financial performance during 2016-2018?5. What should be done to return GE to higher levels of performance? Does GE need to refocus? Which businesses or products would you recommend abandoning or divesting, if any? Does GE need to make additional acquisitions to supplement existing GE assets?Your well-written paper should meet the following requirements:· Be 10 pages in length, which does not include the title page or required reference page.· APA style guidelines.· Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles unless the assignment calls for more. Submit Turnitin Originality Check.

· You have to write an opinion piece/bog. 350-500 words.· You may choose any current issue, debate or you may reply to an opinion piece recently published in news venues or online. You can also write on social norms or individual behaviours. In your opinion piece, you should briefly describe the topic you are focusing on. Who is affected? What is the impact? What are the motivations?· VERY IMPORTANTLY you must base your argument in opinion piece/blog from one or more of the following topics –· Adverse Selection· Moral Hazard· Game theory· Nash equilibrium· Monopoly· Oligopoly· You can use APA referencing

Q2 How are joint costs allocated? Explain and analyze using numerical example.(1.5 Marks, week 11 materials)Q 3 How are budget variances calculated and used as performance measures? Provide numerical example?(2 Marks, week 12 materials)

QUESTION :The Five Elements of Strategy at JetBlueTo experience how you might apply the strategy diamond, let’s consider an entrepreneurial success story. The major U.S. airlines lost over $7 billion between 1998 and 2002. David Neeleman, however, confounded the experts when he decided that despite the industry’s horrendous performance, the time was right to step down from his executive position at Southwest Airlines to launch a new airline. JetBlue took off on February 11, 2000, with an inaugural flight between John F. Kennedy International Airport and Fort Lauderdale airport. Today, the airline serves more than 50 cities around the country and in the Caribbean and intends to expand further. If you follow the financial fortunes of commercial airlines you will know that JetBlue has obviously done something right. Even after suffering some recent setbacks that have severely affected profitability, it is second only to Southwest Airlines in profitability over the past three years.To begin applying the Strategy Diamond to JetBlue, let’s quickly review JetBlue’s vision, which is to “bring humanity back to air travel” through product innovation and excellent service. It intends to be a low-fare, low-cost passenger airline that provides high-quality customer service. Using the Strategy Diamond, review the JetBlue web page and recent annual reports to inform your analysis of this case study to understand why it was successful. The word limit is 700 words (+/- 10%).Reference all sources in line with the requirements of Harvard Referencing.Task Length: 700 words

Interview QuestionsFor this part of the exercise, you will need to be familiar with the week 3 readings, specifically the federal antidiscrimination laws. Assume you just became a member of the hiring committee at your workplace. As part ofthe hiring committee, you have to interview qualified candidates and make hiring decisions. You have been told that the company has a set of questions that it has been using for a very, very long time. However, since you are the newest member of the committee, you were asked to review these questions to make sure that the questions are appropriate and comply with federal law.A list of interview questions is produced below. The list below may contain more than three questions that could be considered inappropriate as they may be seeking information that is protected by federal antidiscrimination laws. You can assume that some of these questions are being asked for the purpose to eliminate job candidates. You can also assume that all federal laws apply to the employer.Your job is to only identify three inappropriate questions from the list below. Note: Not all questions are inappropriate. You need to identify only 3 inappropriate questions. For each of your three questions, list the question and explain: why you believe the question may be inappropriate, discuss which protected class is at issue, and which federal antidiscrimination law applies to prohibit such information.Interview Questions:1. We would love to hear from you. Tell us a little about yourself.2. Where were you or your parents born?3. We are looking for healthy and fit people. Do you have any medical conditions we should know about4. Before we make an offer, we require that you take a physical. Are you willing to take a physical?5. Where do you see yourself in 5 years?6. What year did you graduate high school?7. We have a more conservative atmosphere here. Just checking, are you gay?8. Are you considering starting a family or becoming pregnant?9. What is your religious affiliation or denomination?10. In sum, why should we hire you?Part II: MicroaggressionMicroaggression is a term that is being used or discussed more frequently of late. Microaggressions are defined as the everyday verbal, nonverbal, and environmental slights, snubs, or insults, whether intentional or unintentional, that communicate hostile, derogatory, or negative messages to target persons based solely upon their marginalized group membership.I suspect many of us have stated things that we did not know could be considered a microaggression. I have attached a document titled, “Tool: Recognizing Microaggressions and the Messages They Send.” This is not an exhaustive list of microaggressions, but it provides examples of how some comments or questions we state can have the effect of sending an unintended or negative message to the recipient of our message. This reinforces what many of us know – our words and conduct matter. Furthermore, by continuing to educate ourselves, we can better understand the implications of our words and conduct, and make any necessary corrections.Microaggression handout:

Purpose: The purpose of this is not merely to learn how to fill-informs but to enable you to meet the following goals:? Calculate individual income tax.? Identify and calculate business deductions and losses.? Apply the elements of taxation of property transactions, includingbasis, cost recovery, gains and losses and non-recognitiontransactions.Task: In order to successfully complete this assignment, you must.? Prepare the 2020 federal income tax returns, including all required formsand schedules, as needed for all members of the Lopez family.? Throughout the return you will see instances where a line on the 1040,indicates to attach either a schedule or a specific form if required. Youshould review the information and instructions to determine and if requiredinclude it as part of a completed return. You can ignore the requirement toattach a W-2.? When the form contains the phrase (attach schedule), without identifying aspecific form or schedule, this indicates that the amount on the form needs tobe further detailed but there is no specific form on which to do so.In these cases, you should prepare a schedule that does so, such as in thefollowing example:Professional Fees $1,200Auto expenses 300Miscellaneous 120Total, Form 1040, Schedule A, line 11 $1,620? Be sure to attach a list of any positions or conclusions that you made in thepreparation of the return. These will assist in the grading of the return andwould be part of the expectations at a firm to be included in the client file.Assume that the return is being filed on time.