In organizations today, the emphasis is on performance and the contribution of a function to the success of that organization. Senior managers demand evidence of effectiveness and efficiency. They need objective ways to measure achievement and strategically plan for the future. The heart of success at BANKS Industries is the HR department’s responsibility to guide managers in their ability to screen, hire, and retain quality employees.

As part of the BANKS management team, you have been assigned to a task force that is considering how the HR department should be strategically involved as the BANKS workforce becomes more diverse and experiences expansion, possibly into more countries. As part of a preliminary discussion, you have been asked to generate a report on the following issues:

• What should be the basis of the HR department’s goals regarding their responsibilities to support management during the screening, hiring, and retention stages of employees?
• How do these goals strategically align with success for BANKS?
• How should the HR department interact with and implement these goals for management and employees?
• How will you measure whether the HR department has been successful in achieving its goals? Based on your research, what assessments can be used to determine success?

Write an 8–10-page report in MS Word format. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M1_A3.doc. For example, if your name is John Smith, your document will be named SmithJ_M1_A3.doc.

PART ONE: 

The attached includes 10 questions from the content material you have covered in Chapters 3 and 5 (weeks 3 and 4).  Research each of these questions in your textbook and online as instructed in each question.  Also, give examples as you are prompted in each question.   There is no word count for this project. Before submitting this assignment, read it over to yourself to check for grammar, sentence structure, and completeness.  A word to the wise, this is a two-week project and in-depth answers are expected.  Use your time wisely to show your insights into each question after carefully reviewing the reference materials.  

(NO WORD COUNT)

PART TWO: 

Find an operations-based company you are familiar with and research it’s use of suppliers.  First, take a look at what companies have already been reported on and try not to duplicate what someone else has analyzed.  Then research whether your chosen company makes any of it’s own products, or does it outsource all or most of it’s components and finished products.  Where does it source, internationally or domestically?  See if you can get a macro-picture to report to the class regarding this company’s products and how it uses a supply chain to source components and/or finished products.  Product manufacturing companies you are familiar with are a good place to start, however, it’s also interesting to find a company that maybe no one has heard much about.  Once you have found a company you are interested in reporting on for this Discussion, begin by describing this company’s products and then their supply chain network.  Finally, see if you can identify the primary risks this company has with it’s sourcing.

(200 WORDS)

PART THREE:

During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections. On the other hand, with the rise in unemployment, spending on safety net programs rise. So, there are not too many good options available to resort the health of the national economy. It will be very difficult to defend cuts in the federal government programs and especially the programs geared to sustain the minimum of the standard of living for the recent “poor.” So, government needs to increase its borrowing. Deficit spending refers to government spending exceeding what it brings in federal income and corporate taxes during a certain period. Deficit spending hence increases government debt. Most economists accept that deficit spending is desirable and necessary as part of countercyclical fiscal policy. In such a case, government increases its borrowing and hence its deficit to compensate for the shortfall in aggregate demand. This is derived from Keynesian economics, and has been the mainstream economics view. Following John Maynard Keynes, many economists recommend deficit spending to moderate or end a recession, especially a severe one. When the economy has high unemployment, an increase in government purchases creates a market for business output, creating income and encouraging increases in consumer spending, which creates further increases in the demand for business output. (This is the multiplier effect). This raises the real gross domestic product (GDP) and the level of employment and lowers the unemployment rate. Government borrowing under such circumstances increases the demand for borrowing and thus pushes interest rates up. Rising interest rates can “crowd out” (discourage) fixed private investment spending, canceling out some of the demand stimulus arising from the deficit

Write and analyze the advantages and disadvantages of deficit spending and the effects of federal government borrowing on the economy i.e., the “crowding out” effect. 

Complete this in a Microsoft Word document, and in APA format. Note your submission will automatically be submitted through “TurnItIn” for plagiarism review.

should be structured as follows

1. Cover with a running head 

2. Introduction: What is deficit spending and how does it work.

2.1. Advantages

2.2. Disadvantages

3. Crowding-out Effect

4. Conclusions: Do you believe that deficit spending helps or hinders short-term and long-term economic growth?

5. References

(700 WORDS)

PART FOUR: 

Classical economists belief that prices and quantities adjust to the changes in the forces of supply and demand and that the economy produces its potential output in the long run.  On the contrary, Keynesian economists believe because of price and wage rigidities the economy’s equilibrium output in the long run may be less than its potential output.  What is price-wage rigidity?  Do you agree with Keynes assessment that wage-price rigidity requires government’s involvement in the markets?  Why?  Why not? 

(200 WORDS)

WRITING RESPONSE

Choose one of the topics below and respond to it for this assignment. You must respond to all parts of your chosen topic.

Format: 12 point font. Times New Roman font, double spaced. Minimum 1 full page. Paragraphs, complete sentences, good grammar should be a part of your paper. Vulgarities will not be tolerated.

Topics to pick from:

1.      Respond to any topics brought up in the textbook or a news article related to diversity.

2.      How did your family immigrate to the United States? How did they end up in the area they live in today?

3.      Write a set of instructions explaining how to become a “typical” student at your college. Focus on clothing, possessions, behavior, and customs that would have to be adopted to belong to your college’s dominant culture.

4.      Trace the process of how you became a member of a particular community within your town or school (a social clique, social organization, activity, etc.).

5.      Consider the way the media perpetuates negative stereotypes. Think of examples from movies, TV shows, or newspapers that characterize persons from specific groups. Discuss whether you think the portrayals are accurate or whether you believe they misrepresent reality.

6.      Discuss an example of your own stereotype or one about which you have read that illustrates an instance of misunderstanding that occurs when the signals sent by a person of one culture are misinterpreted by a person from another culture.

7.      How do you think you would have to change if you moved from a rural to an urban areas, or vice versa? What changes would you consider to be negative or positive?

8.      How have your parents’ attitudes and experiences helped to shape your ideas about the value of work and/or education?

9.      What kinds of role models are important to children in your community? What are different categories of role models, and how do they influence young people?

On the basis of interim results from a clinical trial, Merck pulled Vioxx off the market. The results indicate that patients who have been taking the drug for 18 months have twice the risk of suffering a heart attack or stroke than those taking a placebo. In the previous year, Vioxx had worldwide sales of $2.5 billion. While Merck’s action was generally lauded, critics argue that earlier studies indicated this issue as well. The stock market reacted swiftly, reducing the price from $45 to $33. Now Merck and its investors must brace for the inevitable lawsuits from those who believe they were harmed by the drug. Beyond the legal liabilities, Merck also faces challenges from expiring patents on successful drugs and the risky business of developing and marketing new drugs. (Key words: Efficient Capital Markets, Risk and Return)
1. Why did Merck’s price fall so significantly?
2. As CEO of Merck, Raymond Gilmartin made the decision to stop sales of Vioxx. Should he have withheld this information since it would have a clear negative effect on share price and he has an obligation to maximize the value of these shares?
3. How can Merck rebuild its share value after the Vioxx recall?