Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Chapter 11.6, Problem 11.6BQ
Summary Introduction
To determine: The professions which could be benefited from simulation training.
Introduction:
Simulation training is a training in which an employee can acquire various types of skill with the help of equipment, which duplicates the job conditions and tasks so that the trainees could learn the skills before trying them on the job.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Machine learning is a currently emerging management science trend that raises significant ethical issues for the future:
Describe what you believe these issues to be, why you think they are the most significant issues to be concerned about, and how you believe these issues should be resolved or mitigated.
What are the six applications of simulation in business?
You work for a large international company, and a co-worker tells you that he has no plans to return to his job after he takes his annual two-week vacation. You know that your department cannot meet its deadlines shorthanded and that your department will need at least two or three weeks to recruit and hire a qualified replacement. You also know that it is your company’s policy not to give paid vacations to employees who do not agree to work for at least three months following their return.
What should I do?
What points should I make in a confidential email to my boss?
What points sould I raise to my co-worker?
Chapter 11 Solutions
Understanding Business
Ch. 11.1 - Prob. 11.1AQCh. 11.2 - Prob. 11.2AQCh. 11.2 - Prob. 1TPCh. 11.2 - Prob. 2TPCh. 11.2 - Prob. 3TPCh. 11.2 - Prob. 4TPCh. 11.4 - Prob. 11.4AQCh. 11.5 - Prob. 11.5AQCh. 11.5 - Prob. 5TPCh. 11.5 - Prob. 6TP
Ch. 11.5 - Prob. 7TPCh. 11.5 - Prob. 8TPCh. 11.5 - Prob. 1MEDCh. 11.6 - Prob. 11.6AQCh. 11.6 - Prob. 11.6BQCh. 11.6 - Prob. 11.6CQCh. 11.7 - Prob. 9TPCh. 11.7 - Prob. 10TPCh. 11.7 - Prob. 11TPCh. 11.8 - Prob. 11.8AQCh. 11.8 - Prob. 11.8BQCh. 11.9 - Prob. 11.9AQCh. 11.10 - Prob. 11.10AQCh. 11.10 - Prob. 12TPCh. 11.10 - Prob. 13TPCh. 11.10 - Prob. 14TPCh. 11 - Prob. 1CECh. 11 - Prob. 2CECh. 11 - Prob. 3CECh. 11 - Prob. 4CECh. 11 - Prob. 1CTCh. 11 - Prob. 2CTCh. 11 - Prob. 3CTCh. 11 - Prob. 4CTCh. 11 - Prob. 5CTCh. 11 - Prob. 1DCSCh. 11 - Prob. 3DCSCh. 11 - Prob. 4DCSCh. 11 - Prob. 5DCSCh. 11 - Prob. 1VCCh. 11 - Prob. 2VCCh. 11 - Prob. 3VC
Knowledge Booster
Similar questions
- discuss the possible scenario and cases at work that you will be able to use and apply each of the following concepts and knowledges. (Note: A scenario is more than just an example. A scenario shall include the background, persons involved, cause and effect of the incident, decision to make, and etc.) please answer in 100 wordsarrow_forwardAssume you are working for a Human Resource Department in a leading apparel company in Sri Lanka. Your board of directors have instructed you to initiate a management trainee programme to hire 10 talented management undergraduates to the organization. Assume you have already advertised this opportunity and you have received 1000 applications. Based on the information above, draft a proposal for the board of directors on how you will be selecting 10 individuals from the pool of applicants and how you would do the induction process for them. Budget approved for these activities are Rs. 2 000 000.00 1) Induction Programmearrow_forwardAccording to Josh Lerner non-monetary recognition given to people in a company who solve important problems can be an important and valuable incentive. true or falsearrow_forward
- You began operating a small general electric contracting company two years ago. Originally, it was just you and your cousin, but it has grown to five licensed electricians, plus one office manager who takes calls from customers, schedules the work, and orders parts and supplies. Your company handles a wide range of work, including installing new circuit breaker panels, rewiring existing electrical systems for renovations and additions, and installing residential light fixtures, security lighting systems, swimming pool lighting, and ceiling fans.Business has really taken off, and your current manual systems and procedures can no longer keep pace. The office manager has been exploring several options and has identified three different software packages designed for small contractors. Each one of the packages includes software designed for managing parts and supplies inventory, scheduling jobs, and invoicing customers. Two of the software packages are from large, well-known companies, and…arrow_forwardYou began operating a small general electric contracting company two years ago. Originally, it was just you and your cousin, but it has grown to five licensed electricians, plus one office manager who takes calls from customers, schedules the work, and orders parts and supplies. Your company handles a wide range of work, including installing new circuit breaker panels, rewiring existing electrical systems for renovations and additions, and installing residential light fixtures, security lighting systems, swimming pool lighting, and ceiling fans.Business has really taken off, and your current manual systems and procedures can no longer keep pace. The office manager has been exploring several options and has identified three different software packages designed for small contractors. Each one of the packages includes software designed for managing parts and supplies inventory, scheduling jobs, and invoicing customers. Two of the software packages are from large, well-known companies, and…arrow_forwardWhile performing a procedure, a surgeon accidentally cuts a patient's nerve causing permanent neurological damage. After reviewing the event, the hospital's risk management committee determined that the surgeon was not qualified to perform this procedure.Which steps should be part of the hospital’s hiring process to ensure surgeons are qualified to perform procedures?arrow_forward
- The company hires independent contractors to perform a variety of customer-focused tasks, such as complaint resolution, for its client, the financial services industry. We get to know all of our contractors because, as the chief of staff puts it, "vetting of such contractors is very important because of the nature of our client's business. We've even watched contractors develop. We have one contractor with us today who started at 16 and is now a manager at 26." The contractors are introduced to more than just the chief. Some of the contractors have been working with a customer for so long that if they leave, the crew must continue. This company has 4,000 contractors and 226 full-time employees, so succession planning must take both into consideration. When working with a contractor, it usually recommends to its financial services clients that they add the contractor to their at-risk registry. The client will hire a full-time employee, and the contractor will learn new skills. Select…arrow_forwardCreate a list of typical job roles and determine how the separation of job roles reduces risk. Discuss how separating job roles can reduce risk to an organization and why it can add to the overall security of the organization. Create a list of possible job roles in three of the seven domains, and describe what each role will be responsible for and why it will be separated. write a summary of your findings.arrow_forwardCase: You are vice president of a small company that has been chartered by a group of about a dozen main investors. (It’s incorporated, but not publicly held.) The company does software development for other small businesses. Your boss, the president and CEO of the company, thinks that the company needs to expand and hire more software designers. (She thinks that there is a good opportunity to get qualified people since so many talented software engineers have been put out of work with the bursting of the “dot-com bubble.”) In addition, she thinks it would be a good idea to rent some more office space to house the new people, and to upgrade the company’s main computer system. These strike you as good ideas for growing the business, but there is one problem–the company has neither enough current profits or remaining investment capital to take on these new projects. Fortunately (well, maybe it is fortunate, maybe it is not), there is a meeting of the investors scheduled for next week.…arrow_forward
- When thinking about careers, professional advancement, or even job hunting, we usually emphasize so-called “hard skills,” meaning skills that are directly connected to our ability to perform a particular task or do a certain job. These skills can be evaluated or measured, as they are the result of degrees, certificates, specialized knowledge, seminars, continuing education, vocational training, and so on. “Soft skills,” on the other hand, are more difficult to measure or quantify, as they usually do not come from a degree or specialized training, but from life experience, personality, and attitude. They are often called “people skills,” as they typically relate, in some form, to how we deal or interact with other people. For example: Are we able to motivate and lead people? Can we communicate well with others? Some commonly mentioned soft skills would include, among others: creativity, team work, written and verbal communication, management and leadership, flexibility, and…arrow_forwardYou just learned how to evaluate pay compression systems by the following metrics: Total Compensation Expense Factor, Pay-for-Performance Expense Factor, Total Compensation Revenue Factor, and Pay-for-Performance Revenue. In the “Practice” sheet of the Excel workbook, you will find a new set of compensation, operating, and revenue data for a different company. Again, you will focus on compensation expenses associated with nonproduction employees. Do and respond to the following: First, compute the total compensation expense factors and total compensation revenue factors across 3 years. Second, compute the pay-for-performance expense factors and pay-for-performance revenue factors across the same 3 years. Third, What trends did you notice? What implications do they have? 2016 2017 2018 Compensation Expenses (Base & Variable Pay): 38.5 41.7 40.6 Pay-for-Performance Expenses: 7.5 10.3 9.9 Benefits Expenses: 18.3 19.9 19.3 Total Operating Expenses: 65.6 72.7 74.0 Total…arrow_forwardManagement An organization is developing a business plan. The intent of the organization is to provide a service for a community in need, but it appears that they might have trouble obtaining financing. The board is trying to decide whether to be transparent in their financials or over predict so that they can properly finance their venture. Given the mission of the organization in the scenario, consider whether over predicting financials would be a breach of ethics.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill Education
Management (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSON
Business Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSON
Fundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON