Discussion Replies one paragraph each unit 5

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QUESTION

Unit 5 – Discussion Board

Accounting for Managers(ACG510-2401B-02)

Kelvin Smith

RE: UNIT 5 – DISCUSSION BOARD

Thu 3/14/2024 1:16 AM

Hello Jami.

A statement of cash flow provides information relative to a company’s cash for liquidity assessment, financial performance, and future decisions by management. It also helps with budget management, cash flow predictions for the organization, and short and long-term goals. Shareholders, creditors, and investors can receive regular updates with statements of cash flow.

An organization grows and maintains its business functions and financial accounting posture through daily operating activities associated with a cash flow statement. Some of these activities include a marketing strategy, money paid to suppliers, taxes, customer service, and refunds. All of this impacts the generated revenue of any firm or corporation.

Tammie Merkel

INSTRUCTOR

RE: UNIT 5 – DISCUSSION BOARD

Thu 3/14/2024 3:07 PM

Jami, thanks for the great post. You are correct in that the operating cash flows reflect the business’ main purpose.

Mary Dykes

Reply

RE: UNIT 5 – DISCUSSION BOARD

Fri 3/15/2024 8:24 AMLikere: Unit 5 – Discussion Board Like PostFlagre: Unit 5 – Discussion Board Flag Post

Hello Jami,

I enjoyed reading your post and the information you provided.  When we check a company’s financial health, we look at its cash flow statement.  This statement tells us how money moves in and out of the business.  Operating activities are essential to this statement for people outside the company, like investors and creditors. 

Operating activities cover a company’s everyday activities, such as selling products, buying inventory, and paying bills.  If the cash flow from operations is positive, the company turns its sales into cash and pays its bills.  We can see how well the company is using its resources to make money by examining this part.

A solid operating cash flow tells us the company can continue for the long haul.  Companies that consistently profit from their operations are better equipped to handle tough times.  They don’t have to rely too much on borrowing money.  This stability is reassuring for anyone interested in how well the company can handle challenges and grow over time.

Operating cash flow gives us a clear picture of how reliable the company’s earnings are.  By focusing on the cash coming in from its main activities, we can see if the profits are solid.  This matters because sometimes, non-cash things like depreciation can make profits look better than they are.  However, a healthy operating cash flow means the company’s profits are based on actual cash, which builds trust with investors.

Emma Colquitt

Reply

RE: UNIT 5 – DISCUSSION BOARD

Fri 3/15/2024 7:14 PMLikere: Unit 5 – Discussion Board Like PostFlagre: Unit 5 – Discussion Board Flag Post

Hello Jami,

I enjoyed reading your post. Your analysis of the significance of operating cash flow in external evaluation highlights some crucial aspects of financial analysis.
Your point about operating activities representing the core business functions is valid. Analyzing this section allows stakeholders to assess how effectively a company utilizes its assets to generate revenue, which is essential for sustainable growth and long-term viability. Strong operating cash flow indicates efficient operations management and signals the company’s capacity to cover expenses, invest in growth initiatives, and meet debt obligations without overreliance on external financing. Also, your emphasis on operating cash flow as a determinant of long-term sustainability resonates well with the principles of financial analysis. Your discussion on how operating cash flow reflects underlying operational efficiency and performance aligns with industry best practices in economic analysis. External stakeholders rely on this metric to evaluate a company’s ability to generate reliable earnings streams and assess its operational resilience. You effectively underscore the importance of operating cash flow in external evaluation. Job well done!!

Rhonda Wright

Reply

RE: UNIT 5 – DISCUSSION BOARD

Fri 3/15/2024 11:04 PMLikere: Unit 5 – Discussion Board Like PostFlagre: Unit 5 – Discussion Board Flag Post

Hello, Jami!

Thank you for sharing your thoughts, understanding, and knowledge about this week’s DB.

In any venture, there must be a paper trail of the cash flow. In order for a business or organization to meet their long and short-term goals, the management of the financials must be in quantitive and qualitative health for the business to stay a float. I most certainly agree with your statement, “The cash flow details cash movements from operating, financing and investing activities. However, in terms of external evaluation, cash flow from operating activities is of the most significance” (Jami, 2024). Without capital and strategic management of what goes out and what comes in could and will Jeopardize the company and many ways.

Again, thank you for sharing your thoughts, understanding, and knowledge about this week’s DB.

My regards,

Unit 5 – Discussion Board

Employment Law(MGT555-2401B-02)

Griselda Santander

Reply

RE: UNIT 5 – DISCUSSION BOARD

Thu 3/14/2024 3:49 AMLikere: Unit 5 – Discussion Board Like PostFlagre: Unit 5 – Discussion Board Flag Post

Hello Jami.

Your analysis on the balance between employee privacy on social media and employer interests in Florida is insightful. I particularly appreciate your emphasis on how privacy settings do not guarantee complete privacy, especially in a work context. This confirms the complex interplay between personal expression and professional obligations. It is intriguing when you think about how evolving digital norms might further impact this balance. As social media becomes increasingly integrated into our personal and professional lives, do you think there will be a shift in legal standards regarding online privacy and employment, particularly in at-will employment states like Florida?

Katy Woods

Reply

RE: UNIT 5 – DISCUSSION BOARD

Fri 3/15/2024 2:51 PMLikere: Unit 5 – Discussion Board Like PostFlagre: Unit 5 – Discussion Board Flag Post

Hello Jami, I would like to start by saying that your post for this week’s discussion board topic was very well written and thought out. I would also have to say that I agree with you said because Carl not only mentioned his employer by name but also spoke badly of a customer, he violated not one but two of the company’s policies. Just like you said he could have vented his frustrations in a different manner so the he protected himself from any recourse on his statement on his social media account.

Christina Jamison

Reply

RE: UNIT 5 – DISCUSSION BOARD

Jami,

Thank you for your post. Before I read it, I didn’t realize that privacy law is specific to each state. I’m a little confused where freedom of speech ends and right to privacy for the restaurant begins. Your post helped me realize that states have their own privacy laws and public establishments have their own laws and rights to protect their reputation. Social Media sharing is a sticky spot because restricting a person’s posts violates their rights to freedom of speech but can be detrimental to the reputation of an establishment. 

Alabama A&M/ HR5

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Question

Assignment Question:For both the Mid and Final WAC, I will provide you with a specific business case in PDF format on Blackboard. Your task is to conduct an in-depth analysis of this case, integrating content from our textbook, videos, articles, and discussions we’ve had.Suggested Framework for WAC: To guide you through the process of analyzing the provided business case, you might find the following framework helpful:

  1. Recognizing Symptoms

List indicators that something isn’t as expected or desired.

Ensure that symptoms aren’t confused with the actual problems.

Identifying Goals

Highlight critical statements by major parties.

List all goals of the major parties.

  1. Conducting the Analysis

Decide which ideas, models, and theories are useful.

Apply these concepts to the situation, revisiting as new information is revealed.

  • Making the Diagnosis
  • Identify and prioritize predicaments (goal inconsistencies) and problems (discrepancies between goals and performance).
  • Doing the Action Planning

Specify criteria for choosing action alternatives and prioritize them.

  1. Discover feasible action alternatives and assess their potential consequences.

Choose an action, design an implementation plan, and create an assessment plan.

Source: C. C. Lundberg and C. Enz, 1993, “A framework for student case preparation”, Case Research Journal.Submission Instructions:

  • Your WAC must be a minimum of 500 words (approx. 3/4 page).
  • Formatting: Single-spaced, Times New Roman, size 12 font, with one-inch margins.

Submit your WAC via Blackboard.

  1. Do not include direct quotes from the readings. The analysis should be in your own words.

Aim to showcase your capability to professionally analyze a business case, using all the tools and knowledge you’ve acquired throughout this course.Find below two examples, two possibilities in how you could write your report:Example #1:Business Case Analysis of XYZ Company’s Entry into the European Market1. Gaining Familiarity

General Facts: XYZ Company, a leading North American electronics manufacturer, plans to enter the European market in 2024.

  • Details: They’re targeting France, Germany, and the UK as the primary launch countries, aiming to establish retail partnerships and an online storefront.
  • Certainty/Uncertainty: While the general market statistics are known, consumer preferences and behavior specific to XYZ’s product category in Europe are yet to be thoroughly understood.

2. Recognizing Symptoms

  1. Indicators: Historically, other North American electronics brands had challenges with European regulations, tariffs, and distinct consumer preferences.

Clarification: These are only indications and not the root problems. Further analysis is required.

3. Identifying Goals

  • Major Parties’ Statements: The CEO of XYZ mentioned, “We aim to capture 10% of the European market share in our category within two years.”
  • Goals: Achieve quick brand recognition, establish strong retail partnerships, and ensure product compatibility with European standards.

4. Conducting the Analysis

  1. Useful Models: Porter’s Five Forces model suggests competitive rivalry is high in Europe. Also, the Cultural Dimensions theory by Hofstede can help understand consumer behavior.

Application: Potential threats include strong local competitors, bargaining power of buyers due to established brands, and the cultural emphasis on sustainability and eco-friendly products in Europe.

5. Making the Diagnosis

  • Predicaments: The inconsistency between XYZ’s aggressive market share goal and the historically high competition in Europe.

Problems: Lack of brand recognition in Europe, potential regulatory hurdles, and adapting to Europe’s strong eco-conscious mindset.

  1. 6. Doing the Action Planning

Criteria for Action: Quick market penetration, brand positioning around values resonant with Europeans, compliance with European standards.

Action Alternatives:

  • a. Collaborate with an established European brand for a joint product release.
  • b. Offer an exclusive product variant focusing on sustainability for the European market.
  • c. Prioritize online sales leveraging targeted social media campaigns focusing on the younger demographic.
  • Probable Consequences: Collaboration might dilute the brand but ensure quicker market penetration. An eco-friendly product variant might appeal to the European sense of sustainability but might need considerable R&D.

Chosen Action: Pursue a joint venture with a recognized European brand for initial market penetration while simultaneously launching a targeted online campaign.

Implementation Plan: Start joint venture negotiations by Q4 2023, and roll out a combined product by Q2 2024. Begin online campaign planning by Q1 2024, with a launch scheduled for Q3 2024.

Assessment Plan: Monitor sales and market share growth quarterly, conduct bi-annual brand recognition surveys in target countries, and solicit regular feedback from the joint venture partner.

  • Example #2:Business Case Analysis of XYZ Company’s Entry into the European MarketXYZ Company, a prominent electronics manufacturer from North America, has its eyes set on the European market for 2024. Their strategy zeroes in on France, Germany, and the UK, intending not only to secure retail partnerships but also to launch a robust online storefront. But as history has shown, several North American electronics brands have grappled with European regulations, tariffs, and unique consumer preferences.Diving deeper, it’s clear that these issues are just the tip of the iceberg. The true challenge lies underneath: understanding and adapting to the European psyche. The CEO of XYZ, buoyed by optimism, has expressed the company’s aim to capture a whopping 10% of the European market share in their category within two years. It’s an aggressive target, especially when considering the shadows of established competitors looming large over the landscape.Leveraging analytical models like Porter’s Five Forces reveals a scene of intense competitive rivalry in Europe. Plus, consumers hold a significant bargaining chip, given the stronghold of existing brands in the market. Another crucial piece of the puzzle is the European cultural emphasis on sustainability and eco-friendly products, a sentiment underscored by Hofstede’s Cultural Dimensions theory.Given this backdrop, XYZ Company finds itself at a crossroads. Their primary predicament? Balancing their aggressive market share aspirations against the realities of high competition and unique market dynamics in Europe. They also have to grapple with the tangible problems of building brand recognition from scratch, navigating potential regulatory minefields, and tailoring their products to resonate with Europe’s eco-conscious ethos.Charting a path forward necessitates innovative thinking. One compelling strategy would be to collaborate with an established European brand, merging strengths for a joint product release. This approach could be complemented by creating a product variant tailored exclusively for Europe, underscoring values of sustainability. Moreover, a surge in online sales could be catalyzed by leveraging targeted social media campaigns, especially targeting the continent’s younger demographic.To navigate the intricacies of the European market, XYZ Company has formulated a plan. The last quarter of 2023 will see them engaging in negotiations for a prospective joint venture, aiming for a combined product rollout by mid-2024. Concurrently, preparations for a targeted online campaign will kick off at the start of 2024, with a full-blown launch anticipated by the third quarter.This approach is not without risks, but with a systematic monitoring mechanism—keeping tabs on sales and market share growth, regularly gauging brand recognition in target nations, and maintaining open communication lines with the joint venture partner—XYZ Company hopes to make its European dream a roaring success.

BUSI730: Strategic Allocation of Financial

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QUESTION – QUESTION

The purpose of this research project is for you to create a scholarly piece of graduate-level research and writing, which conforms to current APA format. Competency in the current APA format is required of all Business graduates of Liberty University, as set forth by policy of both the Graduate Faculty and the administration.

You will research and write a literature review on a topic relevant to BUSI 730. Your topic should be based on an applied business problem and research questions developed to address the applied business problem. In Module 3, submit your proposed topic along with your applied business problem and research questions in the literature review topic assignment link to your instructor for approval. Do not “recycle” any work from any previous courses you have taken. Your research paper will be a comprehensive thematic review of the scholarly literature related to your topic.

My selected topic is:

“Optimizing Resource Allocation Strategies for Sustainable Growth: A Comprehensive Analysis in

[Industry/Company/Context”

What is a literature review?

“A literature review discusses published information in a particular subject area, and sometimes information in a particular subject area within a certain time period.

A literature review can be just a simple summary of the sources, but it usually has an organizational pattern and combines both summary and synthesis. A summary is a recap of the important information of the source, but a synthesis is a re-organization, or a reshuffling, of that information. It might give a new interpretation of old material or combine new with old interpretations. Or it might trace the intellectual progression of the field, including major debates. And depending on the situation, the literature review may evaluate the sources and advise the reader on the most pertinent or relevant.”[i]

How is a literature review different from an academic research paper?

“The main focus of an academic research paper is to develop a new argument, and a research paper will contain a literature review as one of its parts. In a research paper, you use the literature as a foundation and as support for a new insight that you contribute. The focus of a literature review, however, is to summarize and synthesize the arguments and ideas of others without adding new contributions.”[ii] The academic research paper also covers a range of sources, but it is usually a select number of sources, because the emphasis is on the argument. Likewise, a literature review can also have an “argument,” but it is not as important as covering a number of sources. In short, an academic research paper and a literature review contain some of the same elements. In fact, many academic research papers will contain a literature review section. But it is the aspect of the study (the argument or the sources) that is emphasized that determines what type of document it is.

Why write literature reviews?

“Literature reviews provide you with a handy guide to a particular topic. If you have limited time to conduct research, literature reviews can give you an overview or act as a stepping stone. For professionals, they are useful reports that keep them up to date with what is current in the field. For scholars, the depth and breadth of the literature review emphasizes the credibility of the writer in his or her field. Literature reviews also provide a solid background for a research paper’s investigation. Comprehensive knowledge of the literature of the field is essential to most research papers.”[iii]

What is the format for literature reviews?

“Just like most academic papers, literature reviews also must contain at least three basic elements: an introduction or background information section; the body of the review containing the discussion of sources; and, finally, a conclusion and/or recommendations section to end the paper.

  • Introduction: Gives a quick idea of the topic of the literature review, such as the central theme or organizational pattern.
  • Body: Contains your discussion of sources and is organized thematically.
  • Conclusions/Recommendations: Discuss what you have drawn from reviewing literature so far. Where might the discussion proceed?”[iv]

What is a thematic literature review?

“Thematic reviews of literature are organized around a topic or issue, rather than the progression of time.”v

“Sometimes, though, you might need to add additional sections that are necessary for your study, but do not fit in the organizational strategy of the body. What other sections you include in the body is up to you. Put in only what is necessary. Here are a few other sections you might want to consider:

  • Current Situation: Information      necessary to understand the topic or focus of the literature review.
  • History: The      chronological progression of the field, the literature, or an idea that is      necessary to understand the literature review, if the body of the      literature review is not already a chronology.
  • Methods and/or Standards: The      criteria you used to select the sources in your literature review or the      way in which you present your information. For instance, you might explain      that your review includes only peer-reviewed articles and journals.
  • Questions for Further Research: What      questions about the field has the review sparked? How will you further      your research as a result of the review?”vi

Important Points to Consider

The paper is to be written in strict conformance to current APA standards, and must contain 7- 12 pages of content (excluding the title page, abstract, and references), utilizing at least 10 scholarly sources.  

It is highly recommended that you download and read the instructions to avoid any stress created by issues that are the result of waiting until the last minute.

  • A SafeAssign      draft check will be provided for you to use to improve your Originality      Score prior to your final submission.

Three levels of current APA headings must be used throughout the paper, as this is a graduate-level research paper.

Some students do not fully understand the difference between plagiarism and paraphrasing. Paraphrasing is when you take a source or someone else’s idea and say it in your own words. When you paraphrase, you must still give the author’s name, date, title of the source, the scholarly journal where it came from, and the exact website address or book.

However, when you directly quote a source, it must have quotation marks around the quote, or (if 40 words or more) it must be set in block quotation format. You must also give detailed information of where you acquired the quote.

Civic Issues 24DA01

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QUESTION

Competency

In this project, you will demonstrate your mastery of the following competency:

  • Communicate a position related to a complex issue in a civic context

Scenario

Training opportunities in the workplace (professional development) have become a sound investment for employers. In addition to reducing recruiting and retention costs, professional development has been demonstrated to boost productivity and job satisfaction. For employees, it also offers new opportunities for enhancing their skills and offers additional opportunities for positioning themselves for new opportunities within the organization outside of regular promotions. For the past seven years, your company has sponsored a professional enrichment program (PEP). Each year a small group or cohort of six to eight employees is chosen to participate in special professional enrichment activities in both group and individual formats. The participants are paired with mentors from leaders across the company. Employees each submit a letter and career plan that serve as their “application” to the program.

Young man standing in front of a sign that says NGO, presenting to a group of people at a conference table.

Update: You have just passed the mid-year mark of a professional enrichment program you were selected to participate in, and you are eager and ready to face new challenges directly. Your leadership has just announced they want to introduce a new aspect to the program. They will pilot this aspect with your group this year. The intent of this aspect is not just to grow you professionally within the organization but in broader settings as a member of larger communities. You have been requested to identify an issue that impacts the quality of life within a community of your choice and create a proposal to present in a civic setting to your audience. You strategize with your mentor and agree that once you select an issue, you will put together a proposal and presentation plan and draft presentation. This provides you with the opportunity to receive feedback from your mentor prior to presenting to your audience (the individuals or group who would have a vested interest in this issue).

A younger businesswoman speaking at a podium.

Directions

Part 1: Proposal and Presentation Plan (approximately 1,000 words)

You will draft your proposal and your plan for communicating it prior to beginning to create the presentation itself to ensure you are establishing a clear narrative for your audience. Your mentor has also requested that you provide an analysis of your audience and how you will be addressing them (i.e., the location and format) to ensure that your presentation is suitable for this audience. This will ensure your mentor can provide you the best possible feedback.

  1. Complex Issue: Select a complex issue from the provided list. Describe the “who” and “what” behind the issue you have selected so that your mentor can provide you feedback on the appropriateness of how you’ve situated the problem and your proposal for addressing it for your audience:
  • Issue explanation
  • Sociopolitical and historical context of the issue
  • Importance to the stakeholders in impacted community
  1. Annotated Bibliography: Remember, your mentor has been very clear that an appeal to your audience’s passions is not sufficient in addressing your complex issue. Provide research and evidence that supports your explanation of the complex issue and your recommendations around this issue:
  • Use relevant and credible sources that represent a variety of perspectives
  • Explain how sources inform potential and logical next steps based on resources
  1. Your Position and Course of Action: Next, address the “why” behind the issue in your proposal ensuring you:
  • Explain your position on this issue
  • Describe a logical course of action or actions aligned with your proposal and supported by evidence
  1. Audience Analysis: Lastly, look carefully at the “who” again and “where.” Potentially there will be individuals in your audience from diverse cultures aside from your primary audience. Discuss the following and how you will ensure your visuals and verbal or text narrative will address:
  • Norms for the public venue and civic context in which you are presenting
  • Communication strategies appropriate in addressing your primary audience
  • Communication strategies appropriate in addressing multicultural audiences that differ from your primary audience (for example, are there linguistic preferences or nonverbal signs that would be preferable or not preferable?)

Part 2: Proposal Presentation (10–15 slides with speaker notes in slide deck, or 15-minute video with transcript)

Now that you’ve completed your plan and have a concrete approach around your idea, you feel even more confident about communicating your position! You have many choices for presenting yourself (slide deck with speaker notes or video with transcript). You know your choice will be the “how” behind communicating your position. Your choice of vehicle (slide deck or video) and the information you include in the speaker notes or transcript must address all of the following:

  • Presentation of Issue: Set the stage for your audience:
  • Situate your issue by clearly identifying it
  • Briefly describe the sociopolitical context (local, regional, national, or global)
  • Recommendation: Ensure you concisely and clearly cover:
  • Main Idea
    • Articulate your main idea
    • Discuss why it is important
    • Use relevant and credible sources
  • Call to Action
    • Describe a logical course of action or actions aligned with main idea
    • Include potential benefits and drawbacks
  • Communication of Explanation: Ensure you are using your speaker notes or video narration/transcript to ensure your narrative:
  • Aligns to the norms of the public venue in which you are presenting
  • Addresses cultural needs and expectations of the group
  • Appropriate Practices: Use conventions that are:
  • Appropriate to persuasive argument
    • Clear and logical
  • Suitable for a variety of cultural backgrounds
    • Eliminate figurative language such as metaphors, idioms, similes, etc.
    • Enhance the accessibility of your information with alternative text or transcripts that identify verbal or visual content
  • Necessary to avoid communicating bias, either intended or unintended
  • Articulation of Response: Clearly convey meaning, demonstrating an understanding of audience and purpose:
  • Correct grammar
    • Avoid slang and jargon
  • Sentence structure
  • Spelling

7-1 Final Project: Analysis

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QUESTION – QUESTION

In this project, you will demonstrate your mastery of the following course outcomes:

Utilize basic functionality of spreadsheet software for constructing effective databases that evaluate organizational decisions

Conduct descriptive and inferential statistical analyses of raw data using spreadsheet software for informing processes and operations

  • Conduct optimization analyses of raw data using spreadsheet software for reaching solutions that meet organizational objectives
  • Present business data analysis using spreadsheet software that clearly communicates specific information to key stakeholders
  • Overview
  • Data analysis and communication of data to stakeholders are key factors in effective management. You can’t efficiently manage unless you know if objectives are being met. You can use data and spreadsheets to find areas of concern and decide if progress is being made for key objectives. Reviewing data should be done continuously. This is where spreadsheets that are linked to data sources can give you an advantage. When input data values change, the spreadsheets don’t need to be changed for them to calculate the results. You can use the data to measure the efficiencies or inefficiencies of key objectives.

Think about the plan-do-check-act management cycle. In this cycle, management plans for a set of objectives, develops processes, and allocates resources; the company will carry out (or do) the plans. Management also monitors how well the set objectives are being met. Then feedback is given (the check). Based on feedback, changes to the plans are made (the act). You will create an analysis report for the final project of this course. Your report will show your ability to logically look at large amounts of raw data. This data can be used to make sure resources are used in a way that increases profits as much as possible. You’ll create a report that includes your analysis of sales, costs, and profit. Doing so will allow you to have an overall understanding of performance that can be used for stakeholder decision-making. The project is divided into two milestones, which will be submitted at various points throughout the course to scaffold learning and ensure quality final submissions. These milestones will be submitted in Modules Three and Five. The final product, your analysis report, will be submitted in Module Seven.

Directions

In the case study, you’re creating a number of spreadsheets to measure specific aspects of a winery and its distribution operation. Certain factors, such as increasing wine production significantly or lowering production costs, need a lot of time to enact. However, changes related to distribution can be made quickly using spreadsheets. In the case study, new management wants to understand how efficiently the distribution system is working. You’ll study the data, then present it in a way that can be clearly explained to the key stakeholders.

Specifically, you must address the following rubric criteria:

Organizational Sales: This is the first part of your final project. You’ll review raw data sets that summarize the production, sales, and distribution of wine. You’ll need to analyze the various types of wine and different distribution centers to figure out how they affect the organization’s total revenue. All of your analyses need to be submitted in an annotated Excel file. Each analysis needs to include your reasons for using the appropriate Excel functions.

Using a pivot table, figure out the percentage of wine sold by distribution center. Show your results in a pie chart.

Generate a labeled bar chart that shows the sum of wine varieties sold to each distribution center.

Use the pivot table already created to calculate the total amount of revenue made for each distribution center. Show your results in a bar chart.

Use the IF function to calculate the central tendencies (mean, median, and mode) of shipment volume for each distribution center. Show your results in a table.

Analyze the frequency of shipments by size using a histogram.

Create a shipment histogram to show the distribution of shipments for Portland and Riverside.

Write a summary statement that describes the inefficiencies in the organizational sales analysis. In your response, explain why this information is important for influencing management decisions.

Organizational Cost and Profit: This is the next part of your final project. Use your findings and raw data from the previous section to dive deeper into types of wine and distribution centers. You will need to analyze these factors to figure out average costs and profits. All of your analyses need to be submitted in an annotated Excel file and include your reasoning.

Calculate the costs of shipping to Portland and Riverside by pallets and frequency. Show your results in a table.

Calculate the cost of production for the wine varieties sold in Portland and Riverside. Show your results in a table.

  1. Generate a?labeled table that shows gross profit for each variety of wine for each distribution center. Explain why this information is important for informing operation efficiencies.

Generate a labeled table that shows the profit after state taxes.

Write a summary statement that describes the inefficiencies in the organizational cost and profit analysis. Explain why this information is important for influencing management decisions.

  1. Optimizing Performance: Finally, you’ll decide on an optimal solution that will maximize the organization’s objectives. You’ll need to think about the level of sensitivity and uncertainty of other solutions in supporting your optimal solution. The analyses need to be submitted in an annotated Excel file and include your reasoning.

Decide on the values of the constraints to be used to generate the target number when running Solver.

  1. Using Solver, calculate the level of sensitivity of decision variables and explain the importance of the report.

Using Solver, calculate the limits of decision variables and explain the importance of the report.

  1. Identify solutions that will maximize profits for the organization based on the Solver analysis. 

Nonlinear programming

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QUESTION

Portfolio Optimization with Transaction Costs

Hauck Financial Services has a number of passive, buy-and-hold clients. For these clients, Hauck offers an investment account whereby clients agree to put their money into a portfolio of mutual funds that is rebalanced once a year. When the rebalancing occurs, Hauck determines the mix of mutual funds in each investor’s portfolio by solving an extension of the Markowitz portfolio model that incorporates transaction costs. Investors are charged a small transaction cost for the annual rebalancing of their portfolio. For simplicity, assume the following:

At the beginning of the time period (in this case one year), the portfolio is rebalanced by buying and selling Hauck mutual funds.

The transaction costs associated with buying and selling mutual funds are paid at the beginning of the period when the portfolio is rebalanced, which, in effect, reduces the amount of money available to reinvest.

No further transactions are made until the end of the time period, at which point the new value of the portfolio is observed.

The transaction cost is a linear function of the dollar amount of mutual funds bought or sold.

Jean Delgado is one of Hauck’s buy-and-hold clients. We briefly describe the model as it is used by Hauck for rebalancing her portfolio. The mix of mutual funds that are being considered for her portfolio are a foreign stock fund (FS), an intermediate-term bond fund (IB), a large-cap growth fund (LG), a large-cap value fund (LV), a small-cap growth fund (SG), and a small-cap value fund (SV). In the traditional Markowitz model, the variables are usually interpreted as the proportion of the portfolio invested in the asset represented by the variable. For example, FS is the proportion of the portfolio invested in the foreign stock fund.  However, it is equally correct to interpret FS as the dollar amount invested in the foreign stock fund. Then FS=25,000 implies $25,000 is invested in the foreign stock fund. Based on these assumptions, the initial portfolio value must equal the amount of money spent on transaction costs plus the amount invested in all the assets after rebalancing. That is,

Initial portfolio value = Amount invested in all assets after rebalancing + Transaction costs

The extension of the Markowitz model that Hauck uses for rebalancing portfolios requires a balance constraint for each mutual fund. This balance constraint is

Amount invested in fund i = Initial holding of fund i + Amount of fund i purchased – Amount of fund i sold

Using this balance constraint requires three additional variables for each fund: one for the amount invested prior to rebalancing, one for the amount sold, and one for the amount purchased. For instance, the balance constraint for the foreign stock fund is

FS = FS_START + FS_BUY — FS_SELL

Jean Delgado has $100,000 in her account prior to the annual rebalancing, and she has specified a minimum acceptable return of
10%. Hauck plans to use the following model to rebalance Ms. Delgado’s portfolio. The complete model with transaction costs is

image.png 

image.png

Notice that the transaction fee is set at 1% in the model (the last equality constraint) and that the transaction cost for buying and selling shares of the mutual funds is a linear function of the amount bought and sold. With this model, the transaction costs are deducted from the client’s account at the time of rebalancing and thus reduce the amount of money invested. The solution for Ms. Delgado’s rebalancing problem is shown below:

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Managerial Report

Assume you are a newly employed quantitative analyst hired by Hauck Financial Services. One of your first tasks is to review the portfolio rebalancing model in order to help resolve a dispute with Jean Delgado. Ms. Delgado has had one of the Hauck passively managed portfolios for the last five years and has complained that she is not getting the rate of return of 10% that she specified. After a review of her annual statements for the last five years, she feels that she is actually getting less than 10% on average.

1) According to the model solution, IB_BUY = $41,268.51. How much transaction cost did Ms. Delgado pay for purchasing additional shares of the intermediate-term bond fund?

2) Based on the model solution, what is the total transaction cost associated with rebalancing Ms. Delgado’s portfolio?

3) After paying transaction costs, how much did Ms. Delgado have invested in mutual funds after her portfolio was rebalanced?

4) According to the model solution, IB = $51,268.51.  How much can Ms. Delgado expect to have in the intermediate-term bond fund at the end of the year?

5) According to the model solution, the expected return of the portfolio is $10,000. What is the expected dollar amount in Ms. Delgado’s portfolio at the end of the year? Can she expect to earn 10% on the $100,000 she had at the beginning of the year?

6) It is now time to prepare a report to management to explain why Ms. Delgado did not earn 10% each year on her investment. Make a recommendation in terms of a revised portfolio model that can be used so that Jean Delgado can have an expected portfolio balance of $110,000 at the end of next year. Prepare a report that includes a modified optimization model that will give an expected return of 10% on the amount of money available at the beginning of the year before paying the transaction costs. Explain why the current model does not do this.

7) Solve the formulation in part (6) for Jean Delgado. How does the portfolio composition differ from that shown in the model results above

Unit 3 discussion responses 1 and half paragraphs each

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Question

Response to Stephanie :

Debate the benefits and pitfalls of ratio analysis, as a standalone analysis, evaluating the company’s weaknesses and strengths.

A few benefits of ratio analysis, include, that it may be utilized to express a company’s financial health. This may be done by scrutinizing the company’s past and present financial statements. Different companies may utilize different strategies of financial evaluation, that, also, includes, ratio analysis, and, that may be of complement, in addition, too. 

Ratio analysis is a quantitative measure, that may help one focus on the points of interest that it finds essential , of a company, and, that may be observed, through, comparison with that company’s history. Also, it may be found useful in comparing the essential quantitative data, that other companies hold, as they compare, and/or, contrast, with an opportunity to cross-section through an industry, for it’s main standards. Discovering how those numbers compare, and, which company has been more successful, is its basic method. Although, all businesses focus upon their revenues, each business may have it’s procedures, and, through its operations, all those categories, and, their contexts, may not line up. So, it is essential to, also, utilize other metrics to encompass the ratio’s efforts, and, have a more transparent snapshot, of the current intended focus.

Evaluating one’s company’s weaknesses may be found to be of difficulty, or, of clarity, by, utilizing the differing ratios, such as, a liquidity ratio, which, measures, the company’s ability to fulfill its obligations of debt, as they are called, as an example. Profitability ratios, also, convey how well a company may generate profits from its business activity. Some, examples, of profitability ratios, are, gross margin ratios, return on equity ratios, return on assets ratios, and, profit margin ratios. Essentially, ratio analysis may mark how a company is performing over time, and, how that compares, when side-by-side. 

Walmart creates a vast divide, between it’s revenues, and, those of Target. Walmart earned over 500 billion USD, last year, and, nearly the same, for the past three years, or more. Target met that by earning over 98 billion USD, last year. For, their size differences, they reach very close to one another, and, Target is slated as being the 3rd highest earning retail shopping experience, and, compared to, Walmart, which, ranks, first place, in the U.S., both of their positions are quite, fairly, simply similar. Weaknesses are found, in the difference of quality claimed, by, customers, of both businesses. Target being, slightly higher priced, and, a positive shopping experience, and, Walmart being of less cost, and, more value, and, not being a noteworthy time shopping, as their focus is on cost, primarily. 

Response to Emma :

Benefits of Ratio Analysis for Amazon and Walmart:

Performance Assessment:

Ratios such as ROA and ROE can showcase Amazon’s and Walmart’s efficiency in utilizing assets and equity to generate profits. For Amazon, its focus on innovation and expanding product lines contributes to its performance, while Walmart’s emphasis on cost efficiency and economies of scale affects its ratios positively.

Comparative Analysis:

Ratios help compare Amazon’s e-commerce dominance and cloud services against industry benchmarks, while for Walmart, comparative ratios illustrate how well it competes in the retail sector. Analyzing against peers helps evaluate its market share and operational efficiency.

Trend Identification:

Over time, ratios can highlight trends, reflecting Amazon’s consistent revenue growth and ability to adapt to changing market dynamics. For Walmart, trends in ratios may showcase how its strategies evolve, such as its efforts in e-commerce to counter Amazon.

Liquidity and Solvency:

Liquidity ratios reveal Amazon’s ability to meet short-term obligations, which is crucial for its vast and dynamic operations. In contrast, solvency ratios indicate how well Walmart manages long-term debt, providing insights into its financial stability.

Pitfalls of Ratio Analysis for Amazon and Walmart:

Isolation of Variables:

Relying solely on ratios might overlook challenges related to regulatory scrutiny or controversies around labor practices, impacting the companies’ long-term sustainability.

Varying Accounting Practices:

Different accounting methods in diverse business segments can complicate ratio analysis, impacting the comparability of financial indicators for both companies.

Market Conditions:

F ratios may not fully capture external factors like changing consumer behavior or geopolitical events, affecting predictions about the companies’ future performance.

Story Evaluation:

Considering qualitative factors like Amazon’s acquisition of Whole Foods or Walmart’s response to the rise of e-commerce is crucial in evaluating a company’s strengths and weaknesses, complementing ratio analysis.

In conclusion, ratio analysis offers valuable insights. Still, a holistic understanding of a company’s strategies, industry dynamics, and qualitative factors is essential to assess its strengths and weaknesses thoroughly.

Team, C. (2023, December 7). Return on assets & roa formula. Corporate Finance Institute. https://corporatefinanceinstitute.com/resources/accounting/return-on-assets-roa-formula/

Birken, E. G. (2022, October 16). Understanding return on assets (ROA). Forbes. https://www.forbes.com/advisor/investing/roa-return-on-assets/

DePersio, G. (2022, December 6). Walmart Financial Analysis: 5 key ratios. Investopedia. https://www.investopedia.com/articles/active-tradi…

Wei, J. (2022, December 19). Amazon’s 3 key financial ratios. Investopedia. https://www.investopedia.com/articles/markets/120115/amazons-3-key-financial-ratios.asp

Bourret, S. (n.d.). 4 types of financial ratios to assess your business performance. Financial ratios offer important snapshots of your business’s financial viability. https://www.bdc.ca/en/articles-tools/money-finance/manage-finances/financial-ratios-4-ways-assess-business

Response to my original post:
Michael  

  Jami hi I’m Michael, I think it good that an company focus, on snapshot of a company’s financial performance in aspects such as liquidity, turnover, solvency and profitability. It’s very important to do so. If an company invested alot, of money in there company, and didn’t focus on the financial statement, balance sheet what will be the longevity of the comany, that want be long on the success of tbe company, it’s important to have full control of the  financial part of business.Great Post. 

ReplyMark as UnreadReport a ConcernReturn to Posts ListShow Entire Thread

JM

RWP #5 – Shareholder’s Equity

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QUESTION

Refer to the most recent 10-Ks (Year Ended in 2023) for Apple Inc. and Alphabet Inc.

NOTE: Some answers are numerical, fill-in the blanks. Please adjust all answers for the units, and include the ‘,’ separators (e.g., 11 million or 11,000 thousand should be entered as 11,000,000), if required.

Instructions for navigating the SEC website.https://www.sec.gov/

1 – The SEC uses a database called EDGAR to store company data (Electronic Data Gathering, Analysis, and Retrieval system). To use this database, click on “COMPANY FILINGS” on the upper right corner of the website (below the search box).

2 – Search initially by the company name “Apple Inc” and “Alphabet Inc”. Do not include the “.” in the search. Some companies may not use the “.” in their name, and you will not be able to find them (i.e., Apple Inc).

3 – If you search only by the first part of the name (“Apple” or “Alphabet”) you will get a number of different filings. You should double check the CIK (Central Index Key) before you pull the incorrect filing. The CIK for Apple is 0000320193. The CIK for Alphabet is 0001652044. You can also search by CIK, but since most people don’t know the CIK off hand, you should first attempt to use the name.

4 – The filing date and the year ended are not the same! The filing date will be 1-3 months after the year end.

Question #1

Refer to the most recent 10-K (Fiscal Year Ended 2023) for Apple Inc.

The Consolidated Balance Sheets identifies the following items related to Common Stock: Par Value, Shares Authorized, and Shares Issued and Outstanding.

The par value of Apple’s Common Stock is:

Question #2

Refer to the most recent 10-K (Fiscal Year Ended 2023) for Apple Inc.

The Consolidated Balance Sheets identifies the following items related to Common Stock: Par Value, Shares Authorized, and Shares Issued and Outstanding.

The number of shares authorized for Apple’s Common Stock is (remember to look at the top, to see the number of units related to the number of shares):

Question #3

Refer to the most recent 10-K (Fiscal Year Ended 2023) for Apple Inc.

The Consolidated Balance Sheets identifies the following items related to Common Stock: Par Value, Shares Authorized, and Shares Issued and Outstanding.

The number of shares issued and outstanding for Apple’s Common Stock is (remember to look at the top, to see the number of units related to the number of shares):

Question #4

Refer to the most recent 10-K (Fiscal Year Ended 2023) for Apple Inc.

The Consolidated Statements of Cash Flows identifies the Cash Flows related to Financing Activities. One item is listed as “Repurchase of common stock.”

What was the cash outflow related to the repurchase of common stock (remember to look at the top of the statement to adjust your numbers for the units):

Question #5

Refer to the most recent 10-K (Fiscal Year Ended 2023) for Apple Inc.

The Consolidated Statements of Cash Flows identifies the Cash Flows related to Financing Activities. One item is the “Payments for dividends and dividend equivalents.”

What was the cash outflow related to the payment of dividends (remember to look at the top of the statement to adjust your numbers for the units)?

Question #6

Refer to the most recent 10-K (Fiscal Year Ended 2023) for Alphabet Inc.

The Consolidated Balance Sheets identifies the following items related to Common Stock: Par Value, Shares Authorized, and Shares Issued and Outstanding.

The par value of Alphabet Common Stock (Class A) is:

Question #7

Refer to the most recent 10-K (Fiscal Year Ended 2023) for Alphabet Inc.

The Consolidated Statements of Stockholders’ Equity identifies a number of items related to  the stock of Alphabet Inc.

What was the ending balance of Shares Outstanding at fiscal year end Dec 31, 2023 (remember to look at the top, to see the number of units related to the number of shares. Also note the titles of the columns. One is for dollar value, and the other is for the number of shares.):

NOTE: This amount includes the ending value of Class A, Class B, Class C Stock and Additional Paid-In Capital.

Question #8

Refer to the most recent 10-K (Fiscal Year Ended 2023) for Alphabet Inc.

The Consolidated Statements of Stockholders’ Equity identifies a number of items related to  the stock of Alphabet Inc.

What was the value of Shares Outstanding at fiscal year end Dec 31, 2023 (remember to look at the top, to see the number of units related to the number of shares. Also note the titles of the columns. One is for dollar value, and the other is for the number of shares.):

NOTE: This amount includes the ending value of Class A, Class B, Class C Stock and Additional Paid-In Capital.

Question #9

Refer to the most recent 10-K (Fiscal Year Ended 2023) for Alphabet Inc.

In the Statement of Cash Flows, for the Year Ended December 31, 2023 of Alphabet Inc.

What was the dollar amount reported for the repurchases of Capital Stock? (Remember to check your units)

Question #10

Refer to “Note 11. Stockholders’ Equity.”

For the year ended December 31, 2023, what stock class did the repurchases identified in the prior question relate to? 

A. Class A Stock 

B. Class B Stock 

C. Class C Stock 

D. A mix of each stock class 

E. Class A & Class C Stock 

F. Class A & Class B Stock 

G. Class B & Class C Stock 

Reply to question received from my professor in my discussion on Industry evolution and change

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QUESTION

Reply to a question received from my professor in my discussion on Industry evolution and change.

Hey there, I received a question from my professor regarding the discussion that I posted. Please see below:

Q1- Given the nature of the company decline, dow did the company initially respond to these challenges, and what were some of the key changes it eventually implemented to ensure its survival and regain its competitive edge?

please read the discussion below, and make a reply to these questions.

Please separate the answer into a separate file.

Important:

Please note that it is important to include sufficient references in the work and ensure zero plagiarism.

Discussion

Industry evolution and change

           Eastman Kodak is a multinational technology company offering high-quality products and services for entertainment, manufacturing, publishing, and packaging. However, the company is mainly known for photography. Eastman Kodak experienced challenges like any other business. At some point, the company almost collapsed due to failure to adapt to the changing market environment but concentrated on protecting the business’ existence. Hence, other key players in the photography industry gained a competitive advantage over the company by adopting digital technology. Bankruptcy was also among the challenges faced by the company. However, George Eastman later recognized the need for effective strategic plans to ensure business survival amidst stiff competition and overall business success.

Factors supporting the evolution of the Kodak photography industry

Kodak’s photography industry transitioned from traditional photography to digital imaging for various reasons. First, there was a change in consumer needs and demands. The tested success of digital imaging resulted in significant success for the company. For instance, the new adoption resulted in Kodak being among the US market leaders after Canon and Sony. The company’s decline in performance witnessed between 1991 and 2011 triggered the need to adopt change for the company’s survival. The emergence of new imaging technologies and increased competition motivated Kodak to change its operational strategy by introducing data storage products like floppy disks, the leading megapixel electronic image sensor, computer-assisted image storage and retrieval systems, and many more (Grant, 2021). As a result, Kodak had to invest in research and design and forego the traditional photography approaches.

Industry lifecycle of Kodak

Kodak was in the decline phase in its quest for a digital transformation. For instance, the company was ranked top in the global photography market. Besides, the performance in terms of revenue also qualified the company to be among the best performing. However, within a few years, the company recorded a massive decline in revenue, overall performance, and employee loss. The leading cause of the performance decline is the failure to adapt to the changing market conditions and consumer needs (Almansoori, 2020). The company was almost becoming irrelevant in the market until it embraced digital transformation like other competitors, reassuring Kodak of improved market performance. According to Grant (2021), some of the changes that supported the survival and awakening of the company were reliance on value-based solutions, flexible manufacturing processes, rapid prototyping, and digital technology.

New Kodaks’s strategies for its survival

Initially, Kodak relied on analog technology, high margins, heavy infrastructure, mass production and extensive inventories, significant manufacturing processes, and value-based physical products (Grant, 2021). However, it was necessary and urgent for the company to embrace rapid change that would increase its survival rates, such as through replacing the old strategies with digital technology, rapid prototyping, reliance on lower margins and lean organization, just-in-time production, flexible manufacturing process, and embracing value based on solutions. Despite the changes, there was no rapid positive success. Hence, Kodak embraced a hybrid model while researching and redesigning its process, enhancing its success. Based on Suarez et al. (1995), positive responses to change help businesses survive even when at the decline stage of growth.

The most appropriate strategy

           The most appropriate strategy for the Kodak photography industry to embrace while at the decline stage of the industry life cycle would be digital technology. For instance, the leading cause of declined performance was the inability to adapt to the digital transformation in the photography world. Hence, other companies succeeded because of rapidly embracing digital technology.

Kodak’s management of strategic change

           Kodak identified some of the loopholes that resulted in its downfall. Hence, the company responded by embracing multiple approaches to fight for its survival. Though it took some time before fully resurfacing its initial market position, the company regained its competitive advantage. Still, it was forced to implement the changes rapidly because of the existing stiff competition.

Conclusion

In conclusion, strategic planning is essential for any business performance. Change management is part of strategic planning that companies should embrace to overcome competition. Kodak Photography is an example of a company that lost its competitive edge because of its failure to respond to change and adapt to new market trends. Despite being in the decline phase, embracing digital technology, among other strategies, helped the company survive.

References

Almansoori, S. H. (2020). Strategic change management: A transformative approach for sustaining change in UAE law enforcement. Police Thought, 29(113), 279–310. https://doi.org/10.12816/0055779

Grant, R. M. (2021). Contemporary strategy analysis. John Wiley & Sons.

Suárez, F. F., & Utterback, J. M. (1995). Dominant designs and the survival of firms. Strategic Management Journal, 16(6), 415–430.

Havard

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Question

Directions for the Initial Post:

1. Discuss one of the following related to Transcultural Nursing (TCN): a. Purnell Model for Cultural Competenceb. Joyce Giger and Davidhizar’s Transcultural Assessment Modelc. Leininger’s Theory of Cultural Care Diversity and Universality d. Campinha-Bacote Model of Cultural Competence in Health Care Deliverye. Andrews and Boyle’s Transcultural Interprofessional Practice (TIP) Model 2. Describe how the chosen theory or model can help you apply the transcultural concepts learned to nursing clinical practice, education, administration, and/or research. Give at least two (2) examples from your own professional and or personal experiences to illustrate your theory or model. Cite your sources. These citations should be included in the references page.DF #1 Post: Due: (Feb. 2 Friday) @ 11:30 pm
Directions for the Replies: 1. Respond to two of your peers’ initial post, and whose chosen theory or model is different from yours. Please do not use the same discussion topic for the second peer response.2. Describe the differences and similarities between your own and your peers’ chosen theory or model. Give at least two (2) examples from your own professional and or personal experiences to illustrate the theory or model your peer has chosen in the reply. Cite your sources. 

hi can you give an answer to yeynabus question 

transcultural Theory Discussion: Leininger’s Theory of Culture Care Diversity and Universality

Overview of the Model

          Leininger’s theory of culture care diversity and universality, also the culture care theory (CCT) was developed in the last half of the twentieth century with a focus on culture and care. It has become widely recognized in the nursing domain due to its proven potential to influence the delivery of culturally competent care. The discovery of the theory stemmed from the idea that caring is a universal phenomenon, although it tends to be expressed differently across different cultures (McFarland & Wehbe-Alamah, 2019). Leininger depicted the theory as the heart and soul of nursing and as an essential component for the development of novel transcultural nursing knowledge and practices. CCT was specifically designed to guide nurse researchers in discovering new meanings, patterns, expressions, and practices related to culture, which directly, or indirectly influence the health and well-being of individuals, families, and communities.

          CCT has been successfully used to guide the provision of culturally congruent care that positively impacts the health and well-being of all. Its application forms the basis for the establishment of a transcultural nursing knowledge framework that will guide the provision of best care practices for future generations. The garnered knowledge can be used by multidisciplinary healthcare providers to transform nursing and healthcare. To date, CCT has successfully guided healthcare practitioners in explicating care meanings such that cultural care values and beliefs can be leveraged to provide a reliable and accurate basis for making culture-specific care decisions and actions (Abualhaija, 2019). It is evident from the theory that practitioners cannot separate an individual’s worldviews, cultural beliefs and practices, and social structure factors from illness, wellness, or health. This is because all the factors are closely interrelated.

Utility of Transcultural Nursing Concepts

Clinical Practice 

          CCT provides a valuable framework that when leveraged in clinical practice, results in notable process and outcome improvements. Practitioners can use the model to guide cultural assessment, with the objective of understanding a patient’s cultural backgrounds, beliefs, and values, and developing culturally competent care plans that align with an individual’s cultural context. It also guides practitioners in providing culturally-based tailored patient education to enhance understanding of the selected interventions.

Education 

          The model has been largely used to guide transculturally focused courses. Recent developments include increasing incorporation of the CCT concepts into the nursing curriculum for undergraduates and graduate nursing curricula and programs. This follows the recognition that CCT’s core constructs, such as culturally congruent care and the view of health from the perspective of patients could significantly enhance nursing competence among learners as the basis for providing culturally responsive care (McFarland & Wehbe-Alamah, 2019). An example includes designing a nursing curriculum that integrates Leininger’s sunrise model in teaching transcultural nursing.

Administration 

          The usefulness of CCT in fostering effective administration and leadership cannot be overstated. This is because such cases involve understanding and working with people from different cultures. Practices should not only be congruent with the changing cultural values but also with the societal and worldwide trends. Practical ways through which the model can be applied in this context include guiding the implementation of initiatives that promote diversity and devising training programs that enhance cultural competence. The model could also provide a basis for the review and modification of organizational policies that align with cultural diversity.

Research

          There is an increased recognition of the importance of undertaking research that is based on a nursing-specific conceptual model, as is the case with the CCT. According to Abualhaija (2019), the model has been used to design research studies and data collection methods that incorporate transcultural concepts. A typical example encompasses designing a research study that explores the impact of culturally tailored interventions on the health outcomes of a particular ethnic group.