Bcom230 Week 3 Team Memo

In: Business and Management

Submitted By angel91805
Words 1603
Pages 7
interoffice memo

to: Joe smith
DATE: 5/27/2012



The transition to a new manager may cause some issues with the team. As you are probably aware, some people do not handle change well. Any issues will need to be addressed as soon as possible. For instance, certain employees may be uncomfortable with a new manager; therefore, it will be necessary for you to properly introduce yourself to the team. Team members may be apprehensive to discuss issues with you at first and that is why a respectable level of communication must be opened from the very beginning. You probably will have your own set of expectations for the team. It is very important that you discuss any changes to rules and expectations with the team, either as a group, or on an individual basis. The continuation of proper and respectable communication will be a core aspect to continued success before, during and after this transition.

It is extremely important that you get to know each individual team member’s personality and goals. You will soon realize that the team is made up of very different people. Each…...

Similar Documents

Team Reflection Week 3

...Team C Reflection-Week 3 An interest rate is the profit or compensation made from the borrowing of a monetary asset (Colander, 2010). The interest rates are expressed as a ratio or percentage per dollar amount being lent. Although there are several types of interest rates, there are two main classes that each falls underneath: short-term and long-term interest rates. A short-term interest rate is the amount repaid on a debt that has a maturity date of less than one-year (NASDAQ, 2011). A long-term interest rate is amount paid for borrowing money over a longer period such as a mortgage or government issued bonds (Colander, 2010). There are a number of factors that cause the interest rates to fluctuate within an economy. The strength of the economy itself plays a large factor in the fluctuation of the interest rate of any given economy. When a country’s economy is strong, the citizens have jobs, money is being spent, and saved in the market. As more money or demand for money increases so does the interest rate. The opposite is true when demand is low the interest rate will fall. The inflation rate is also a factor in the rise and fall of interest rates in a country. Because interest rates on loans are generally a fixed rate the lender must account for inflation to prevent a loss on the repayment of the loan. Most lenders will charge a higher interest rate on a loan to offset the effects of inflation. Therefore, a steady rise in inflation will cause an increase in interest......

Words: 799 - Pages: 4

Team Memo

...Cover Memo for Team Member Packet (Template) DATE: TO: Inspectors FROM: (Team leader) SUBJECT: Lab inspection at (name of laboratory) Enclosed please find your packet for the inspection at the above-referenced laboratory on (date). Before the inspection, we’ll have a meeting of the team to go over logistics and answer any questions you may have. (Enter Date, time, and location of pre-inspection meeting) Travel arrangements are as follows: (Enter Travel and hotel arrangement, etc.) The inspection will begin at (Enter Time inspection will begin, etc.) In preparing for the inspection, I recommend that you review sections pertinent to your area(s) in the CAP’s Laboratory Accreditation Manual at www.cap.org; from the home page, select Laboratory Accreditation; select Information for Inspectors; select Laboratory Accreditation Program Manual. Print out the appropriate pages. Before the inspection, please also review: 1. The test list and the performance of the laboratory on proficiency testing. The printout entitled Variant PT Performance by Laboratory lists PT scores of less than 100% for the last two years. I recommend that you focus on these during the inspection to determine if appropriate corrective action has been taken. The laboratory should have copies of PT exception reports completed by the laboratory and approved by the CAP for items with an asterisk. During the inspection, verify that the laboratory is either......

Words: 649 - Pages: 3

Acc 291 Week 3 Team

...Week 3 Team Reflection Nereyda Bravo, Kolton Wentworth, and Randolph Rodarte ACC/291- Principles of Accounting September 09, 2013 Stephen Wilson Week 3 Team Reflection The issuance of different stocks by corporations is a topic that we are getting a better understanding of through reading the text and studying the Wiley plus texts. Authorized stock is the amount of stock that a corporation is authorized to sell as indicated in its charter, and within that broad spectrum are many different kinds of stock that the corporation can chose to sell. Examples of those stocks are par-value stock and no-par value stock. A par value stock is capital stock that has been assigned a value per share in the corporate charter, and a no par value stock is stock that has not been given a value. Preferred stock is capital stock that has some contractual preferences over common stock. With regards to the name “preferred”, it means that the corporation gives an unsecured dividend and does not have to pay that dividend back, however preferred stockholders have to be paid dividends before common stock holders. Public corporations issue various forms of stock to meet specific internal requirements and to satisfy public demand. From initial public and secondary offerings to different classes of stock, companies access the public markets to raise funds for expansion and debt repayment, as well as to allow original investors and owners to cash out and diversify their portfolios. Each of the......

Words: 604 - Pages: 3

Team Learning Week 3

...During this second week of class, Learning Team B learned about the importance and understanding of work teams. If anyone has worked in corporate America, teams are likely to be incorporated into that organizational culture. For example, Aflac has several teams based on divisions and departments. Most employees within a team report directly to a supervisor, a manager, or a senior manager and those senior managers report to individuals that makeup the executive team. We can easily relate to teams at work and at most schools, like the University of Phoenix, which helps to mold how we interact with others that may have different opinions or views. It is up to us to learn how to function within a team to reach a common goal which could be an important project, presentation or a report. This week’s objectives also discusses the four types of teams which are: problem-solving teams, self-managed work teams, cross-functional teams and virtual teams (Robbins & Judge, 2011). Regardless of which type of team we are working on some common factors are ensuring the team operates effectively, and having a certain level of trust is a good place to start. In regards to developing effective teams, Adam again referenced his military experience. He was put in charge of small groups as early as 19 years old in a combat environment and was expected to bring them together. He drew from the methods of his superiors and built cohesion through tough training and through leading by......

Words: 713 - Pages: 3

Fin 370 Week 3 Team

...fin 370 week 3 team Strategic Initiative Paper Veronica Johnson Melissa Herrera Nick Engelke Carlos Martinez Gary Gilberthorp FIN/370 April 21,2014 Junius Jaubert Strategic Initiative Paper Starbucks Strategic Initiative expanding globally and reaching new customers is the goal of Starbucks Corporation. To produce more revenue as well as excel above the competing international coffee organizations. Starbucks Corporation must not only meet but also continually exceed this goal. Starbucks is known for continuously creating new innovations in the marketplace. The Corporation is also well-known For using various media channels to perpetuate their reputation as the top coffee organization in the world. This strategic initiative will increase these channels of communication to include Facebook, Twitter, television advertisements, and magazine ads. The resultant efforts of this strategic initiative will determine Starbucks future revenue and future direction of the organization. Starbucks has several current strategic initiatives in place to improve the organization’s sales and drive long-term shareholder value. This strategic initiative will further expand current strategic initiatives by including a multi-channel advertising and marketing campaign to increase successfully the transparency of the Corporation. This initiative will enable Starbucks to expand globally and reach new customers to enable one-on-one dialogue while increasing sales both internationally and......

Words: 871 - Pages: 4

Mth220 Week 3 Team

...or group of ordered pairs. Lets say that there are 15 students in the room and a test containing 50 questions. Every student is given a particular number to acknowledge or distinguish each like 1,2,3, 4 and so on. The second set of number includes the test scores of each student. For example: 1 =40 The first number stands for the first student and the second number stands for the grade 4 = 30 Describes that the fourth student got 30 points from the test Concept 3: (Linear Equations) All of us can use the linear equations using various settings in every day life. For example, a date at the movies may consist of the following. Patron (A) consumed nachos and 2 bottles of water totaling $3.75; Patron (B) bought hotdogs and a Gatorade for three dollars. If another patron is watching the movie and is curious about the cost of food, then they apply two equations to know the prices. Solution: X stands for the cost of nachos Y stands for the cost of water Then: x + 2y = 3.75 2x + y = 3...

Words: 301 - Pages: 2

Eng221 Week 3 Team Project

...Week 3 Team C Outline University of Phoenix New Classroom User Manual Title page Legals page (developed in Week 2) Table of contents 1. Introduction and the Purpose of this Manual (Kristina) 1.1 1.2 1.3 2. Learning Teams (Travis) 2.1 2.2 2.3 3. Navigating Through Specifics (Jettyon) 3.1 3.2 3.3 4. Class Home Page (Shametra) 4.1 4.2 4.3 5. Working with Weekly Assignments – The Week X Tab (Terri) 5.1 Overview of Week X Page 5.2 Explain each section 5.2.a Tasks 5.2.b Objectives/Competencies 5.2.c Learning Activities 5.2.d Assignments 5.2.e Discussions 5.3 Locating and launching reading material 5.3.a Searching for specific words or phrases 5.4 Assignments 5.4.a How to organize assignments 5.4.b How to upload and submit assignments 5.4.c How to delete assignments after submitting 5.4.d How to certify an assignment's originality 5.5 Reviewing Graded Assignments 6. Full Syllabus Tab (Tiffany) 6.1 All weeks 6.1.a A glance at the work for each week 6.1.b Access to all of the week’s links 6.2 What to do as each week is completed 6.2.a How to handle so much information on one page 6.3 Overview 6.3.a Not a substitute for all tabs 6.3.b See all current progress 6.4.c See future expectations 7. Participating in Discussions (Travis) 7.1 7.2 7.3 8. Instructor......

Words: 313 - Pages: 2

Learning Team Week 3

...Week 3 Learning Team B Deliverable Michelle Pata, Lynda Green, Danielle Jones, Deneese Brannan, Kamil Diamond, Shalonda Henderson ECO/561 August 18, 2014 Harry Dzakwasi Week 3 Learning Team B Deliverable This week’s learning objectives were challenging and interesting to complete. This week’s objectives also showed and helped the team be able to apply these techniques to our current organizations. There were also some struggles in understanding, but overall the objectives proved applicable to all goals within this learning team. Objective One: Determine pricing strategy to meet organizational goals Overall, the team thought this objective was interesting. The chapters laid out the different types of markets well and discussed how each was either affected by price or affected price. Shalonda feels comfortable with ways to implement nonprice barriers of entry, increase product differentiation, and reduce cost. Deneese really grasped the concept of monopoly versus oligopoly. Lynda enjoyed learning how pricing structure can help a company meet their goals and profit margin. The team had little difficulty mastering this objective. Danielle has a better understanding of what affects prices in her industry and use this knowledge to help make better purchasing decisions. Michelle stated that pricing strategies make more sense to her, from marketing strategies to determining pricing for the actual services that are provided at each of her......

Words: 428 - Pages: 2

Week 3 Team

...Week 3 Team Assignment NTC/362 November 24, 2014 OSI Model The Open Systems Interconnection (OSI) has been a reference for model network protocols since the mid-1990s. The OSI is formally known as the Open Systems Interconnection (OSI) model ISO/IEC 7498-1. The International Organization for Standardization (ISO), is a global standards-settings group that is comprised of members from various national standards groups. International Electrotechnical Commission (IEC) is another global standards-settings group; however, it focuses on electrical, electronic, and related technologies. (Foundational Focus: OSI Model-Breaking Down the Seven Layers, 2013) The OSI model is comprised of seven layers, with layer one positioned at the bottom of the layer stack and layer seven at the top. The layers have assigned names as well as number references. Layer 7, the application layer, is the interface between the protocol stack and application software. The software might be client or utilities or server services. It is the ability of software to communicate with the standardized interface of application layer protocols that makes network communications possible. Layer 6, the presentation layer, establishes the context between disparate application layer protocols. Effectively, the presentation layer adjusts syntax, semantics, data types, data formats, etc. This layer ensures that data sent by the application is compatible with the lower layers of network communication and that......

Words: 2317 - Pages: 10

Week 3 Team a Assignment

...Week 3 Team A assignment How are the hospital’s revenues and expenses grouped for planning and control? The way of which a hospital’s revenues and expenses are grouped varies from hospital to hospital. The revenues and expenses are grouped will also vary depending upon the type of hospital, may it be for-profit or non-profit hospital. How the patient care is delivered in the hospital affects the flow of revenues and expenses. The different services offered to the patients, the number of patients and their insurance services, the types of services a hospital offers, and the frequency of use of different services are just a few factors that affect the hospital revenues and expenses. Most hospital revenue comes from billing for patient care services. In most cases, this means billing to private insurance companies as well as federal Medicare and state Medical programs. Hospitals maintain contracts with a broad selection of private health plans, with agreed schedules of reimbursement for basically every type of medical services. Also, supplies make up about 15 percent of the average community hospital's expenses. Of course, these costs are offset through billing to patients for supplies used in the course of their treatment. Capital expenditures can be a huge part of a hospital's expenses. However, the amount and percentage of the budget can vary dramatically by hospital. For example, when a hospital undergoing a major expansion or construction......

Words: 337 - Pages: 2

Week 3 Team Assignment

...if they are effective. In the following paragraphs, we will examine the current state of the four factors above and how each affects AD/AS. Further, we will identify important fiscal policies currently being recommended by government leadership and evaluate those recommendations from the Keynesian and the Classical economic model perspectives. Unemployment Unemployment is an important statistic used by the U.S. government to gauge the health of the economy. Defined by the Bureau of Labor Statistics (BLS), the unemployment rate includes people who do not have a job, have actively looked for work in the past four weeks, and are currently available for work, including people who were temporarily laid off and are waiting to be called back to that job (Bureau of Labor Statistics, 2015). Those who have not looked for work within the past four weeks, and marginal workers that have given up searching for employment, are no longer counted among the unemployed and removed from the labor force total. In the United States, there are currently 13.5 million individuals that are classified as unemployed. In March 2015, the unemployment rate remained at 5.5%, which is closer to the natural rate of employment of 4%, with long-term unemployment at 30% of the 5.5%. The real unemployment rate is higher because it includes the unemployed, marginally attached, discouraged workers, and part time employees; it remains at 11.0% (Amadeo, 2015). When that many people are unemployed, the......

Words: 1456 - Pages: 6

Eng221 Memo Week 3

...In review of the software, several factors were taken into consideration, this being: 1. Software expense 2. Support availability 3. Functionality 4. Performance 5. Ergonomics 6. User review There are 3 major software vendors offering a very affordable solution for our needs at each site. With each site purchasing and using the same software, compatibility will not be an issue. Each of the pieces of software selected will offer the ability to record the meetings, allow a presenter mode that will allow individuals to control and lead sessions by having the ability to mute and offer public and private chat and allow enough connections to accommodate a meeting of the whole company if necessary. The table below contains the software name, cost and website to review and reference each product. Infinite Conferencing | $35.00 Per Site | http://www.infiniteconferencing.net/index.php | InterCall | $42.00 Per Site | http://www.intercall.com/ | Netviewer | $59.00 Per Site | http://www.netviewer.com/en/ | The 3 software choices are listed in order of preference based on the criteria listed above. All software listed is completely compatible with our standard equipment and has 24 hour support available at no extra cost. I feel strongly that the purchase of either of these options would be an asset to each team in creating an efficient affordable means of effective communications with the greatest availability....

Words: 293 - Pages: 2

Learning Team Week 3 Reflection

...Learning Team Reflection Marlon Bailey, Timothy Granger, Nadia Martinez, and Sherie Ralston MGT 598 August 3, 2015 Dr. James Bottorff Learning Team Reflection During Week, Three Learning Team B will discuss this week’s objectives with our team. This paper will explain the topics we feel comfortable with, any topics the team members struggles with, and how the weekly topics relate to application in each of our fields. Steeple The topic Sherie struggled with was Steeple. “To take a closer look at the business system and ‘bigger picture' factors in which the business operates; it is useful to use a technique like the STEEPLE analysis. STEEPLE, like SWOT, is an acronym. It stands for ‘social (demographic), technological, economic, environmental (natural), political, legal and ethical’ factors” (Wickham & Wickham, 2008, p. 129). Sherie was unaware of how effective these tools are to help organizations monitor changes that take place in the environment of the organization. She learned that these tools played a significant role for any organization regardless of their products, services, and their industry. Balanced Scorecard After reading the paper by Kaplan and Norton, Timothy discovered through other readings that they are somewhat the basis for using the balanced scorecard system. Although at first it seemed a little foreign to him, he discovered that most companies only take the tangible items that are backed with a financial gain to assess the corporation's...

Words: 803 - Pages: 4

Week 3 Team

...Re-organization and Layoff: Issue and Problem Identification PHL/320 Re-organization and Layoff: Issue and Problem Identification In Week Two, Team D discussed the article Mismanaged layoffs can go ‘horribly wrong’ (Bouw, 2013.) The initially chosen focus of the group discussion was the potential ramifications of poorly handling the conversation terminating the employee. Reflecting on the article through further group discussion, and realizing the scope of the team’s initial impression is limiting the problem to a small component of the larger issue, Team D asserts the broader issue is that employers often turn to downsizing as the go-to method of cutting costs. Experts in the Bouw article provide evidence that knee-jerk layoffs to appease shareholder are often a mistake and cite why. Through the collaborative process of discussion, the team benefits from gaining confidence in the decision to change the focus of issue exploration from miscommunicating when firing to the drawbacks of layoffs. By clearly defining the problem that was not immediately apparent, Team D can now concentrate on discussing practical solutions for the broader underlying issue of unnecessary downsizing. Problem Identification The first step to successfully tackling any problem is identifying it. According to Dr. Henry Hornstein, downsizing within a company should be the last resort if cost cutting is necessary (Bouw, 2013.) He hypothesizes that it is approximately a 50 percent......

Words: 1026 - Pages: 5

Week 3 Mtg311 Team Reflection

...Learning Team D's Reflection Paper for Weeks 1 & 2 The focus of discussion for Team ‘D’ was centered on the objectives outlined in our syllabus. The objectives for week one included evaluating individual characteristics of employees, analyzing the impact of individual employee characteristics on organizational performance, and determining management methods based on individual employee characteristics. The objectives for week two were to determine strategies to motivate employees, and also to create effective organizational communication. Employee motivation is an important factor in the success of an organization. If employees are not motivated then the risk of productivity not reflecting positive numbers and positivity in the work environment is greater. Team Assessment for Week 1 For week one objectives, we found that self-assessments can be very useful aids in determining the skill level of an employee and also determining what the employee thinks of oneself. We were asked to determine whether general attitude, job satisfaction emotion and mood, personalities, values and perception had an impact on the organization as a whole. As well as if we were in a manager’s role, how would we use our employee’s characteristics to make improvements to the organization? Our team discovered many things as a result of evaluating these assessments. Some team members found it interesting that it helped them look at themselves as an employee and see what obstacles their manager......

Words: 568 - Pages: 3

I'm a Celebrity... Extra Camp | Télécharger MD TrueFrench | Paramavatar Shri Krishna