Boxes-and-Stuff, a box-packing and mailing company in a small town along the Gulf Coast, losta key employee last month when its accounting manager was fired for embezzling companymoney. Now, the owners of Boxes-and-Stuff, Jerome and Natalia, need to find anotheraccounting manager-fast. But as they hurry to fill the position, they don't want to select adishonest orincompetent employee. They need to be cautious. Fortunately, the police chief found theembezzled funds in a bank account set up by the former employee, and authorized the returnof the money. This means that Boxes-and-Stuff will not lose the embezzled amount, after all.However, Jerome and Natalia are already thinking of ways to protect their company from otherrisks. They want to be prepared for risky situations in the future.Questions:1. Which risks do you think Boxes-and-Stuff might face?2. Are these risks pure (insurable) or speculative (not insurable)?3. How do you think the company should handle the risks you've identified?

Risk in the workplace is a broad term. It refers to any event or scenario that could hinder and…

Answered: Boxes-and-Stuff, a box-packing and…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Similar questions

16- While doing the analysis of the available human resource with the organization, it was decided by the HR manager to list down the number of employees in each department and the knowledge each employee is having. This will help the organization in planning the employees for the next year. Which of the following options is discussed here? a. Structural capital b. Social Capital c. Organizational capital d. Intellectual capital
Make it a 150 word paragraph. Discuss the key performance management principles. These are the key principles: education, communication, consistency, and documentation.
Prompt: You are the HR Manager for a consulting company that creates training materials for Fortune 500 organizations. The organizational structure consists of several executive directors, six training directors, consultants who work in one of six departments, and six administrative staff. The administrative staff are divided between the six training departments and report directly to their respective director. The training directors are very unhappy with the work that the administrative staff is producing. They feel that the quality is unsatisfactory and the work is not being completed in a timely manner. As a result, the training directors are doing much of the administrative work themselves and the administrative staff is sitting idle. The administrative staff has not been disciplined for their performance, but the tension within the company is growing. The administrative staff complains that they are bored and have begun to spend most of their work hours engaging in personal…
This assignment will require you to research, discover, analyze, and write a complete Business Report. "FIRST IN-N-OUT BURGER OPENS -- Harry Snyder introduces California's first drive-thru hamburger stand in a space barely 10 square feet at Francisquito and Garvey in Baldwin Park. Every day before dawn, Harry visits the meat and produce markets to pick out fresh ingredients, which he prepares by hand. Meanwhile, his wife Esther diligently takes care of all the accounting for the new restaurant at their home right around the corner. It's been a few years since then, and In-n-Out Burger is now a favorite of millions. Your Team Research Project is designed as a business case study to improve the operations of this very successful company. (Note: With instructor approval, your team may change the focal company of this project, as long as you maintain the intent of the project.) Your report will contain these elements: Company Background (Past, Present, and Future) Current Business Model…
Unfortunately, some managers within organizations purposefully make an employee’s situation miserable with direct intent to force the employee out. This is due to many circumstances such as collective bargaining agreements where a union is represented, specific contract language, or tenure policies. Because of these elements, many managers aren’t able to terminate under regular conditions and will sometimes commit themselves to unethical practices. How can HR minimize unhealthy and potentially illegal situations like this? HR is the sole representative during any legal proceeding and bears the burden of proving guilt for the company. HR is able to conduct frequent investigations ensuring they enforce appropriate conduct within the business. HR plays a dual role in advocating on behalf of employees and also acting as a representative of the company. A good HR professional must leverage company resources while watching out for the individual. HR is able to review comments from…
Prompt: You are the HR Manager for a consulting company that creates training materials for Fortune 500 organizations. The organizational structure consists of several execu directors, six training directors, consultants who work in one of six departments, and six administrative staff. The administrative staff are divided between the six training departments and report directly to their respective director. The training directors are very unhappy with the work that the administrative staff is producing. They feel that the quality is unsatisfactory and the work is not being completed timely manner. As a result, the training directors are doing much of the administrative work themselves and the administrative staff is sitting idle. The administrative staff has ni been disciplined for their performance, but the tension within the company is growing. The administrative staff complains that they are bored and have begun to spend most of their work hours engaging in personal activities (e.g.…
Prompt: You are the HR Manager for a consulting company that creates training materials for Fortune 500 organizations. The organizational structure consists of several execu directors, six training directors, consultants who work in one of six departments, and six administrative staff. The administrative staff are divided between the six training departments and report directly to their respective director. The training directors are very unhappy with the work that the administrative staff is producing. They feel that the quality is unsatisfactory and the work is not being completed timely manner. As a result, the training directors are doing much of the administrative work themselves and the administrative staff is sitting idle. The administrative staff has ni been disciplined for their performance, but the tension within the company is growing. The administrative staff complains that they are bored and have begun to spend most of their work hours engaging in personal activities (e.g.…
Please write 2 clear objectives that would be attractive for a recruiter to review and call you for an interview. Please list 5 questions should that you should ask on the interview. Please list 5 questions you should not ask an interviewer. List 5 attributes a candidate should possess if they are going to an Administrative Assistant position.

Recommended textbooks for you

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

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

SEE MORE TEXTBOOKS