assignment 2 bus 237

Cash-back offer from April 14th to 21st, 2024: Get a flat 10% cash-back credited to your account for a minimum transaction of $50. Post Your Questions Today!

BUS 237 - Assignment 2: Retail Display | Complete Solution

• From Computer Science , General Computer Science

• Rating : 33
• Questions : 0
• Solutions : 823
• Earned : $26606.70

BUS 237 - Assignment 2: Retail Display 1 of 4 Due Date/Time: Check Canvas Assignments for the due date/time for your section! Objective and Background: The purpose of this assignment is to give you experience using a range of software productivity tools to address a realistic business task. The task is to create a visual layout for a retail display area. You will use Microsoft Access to get sales information for a range of products, Microsoft Excel to calculate the profitability of each product, and Microsoft Visio to create a layout for the products given a fixed amount of display space. Finally, you will use Microsoft Word to bring all the elements of your analysis together into a coherent and professional report. Any retail business must display goods in order to sell them. The art in developing effective retail management is utilizing the space in the store in order to display items that provide the largest contribution to overall profit. Retailers attempt to draw maximum attention to their most profitable products. Profitability is a function of the total profit earned on the sale of each item and the number sold. Thus, high-price, high-margin products may be profitable even if they do not account for the largest number of items sold. Conversely, low-price, low-margin products may be profitable if the products achieve high sales volumes. An effective retail manager must not only be good at choosing profitable items, he or she must also be creative in displaying these goods as an understandable theme so that customers want to buy the goods. The most effective retail managers therefore carefully balance profitability and display design. Scenario: You are an associate manager at Teka, a larger Norwegian retail store specializing in products for the workplace. Teka is going to put all of the items in the store on sale. You have been given the job of creating a display for a collection of items of your own choosing for the sale. Your job is first to choose which items provided in the inventory you want to sell. Once you have chosen the items, you need to position them so that they fit into the retail display area provided. The dimensions of the display area are provided in Figure 1 below. Some notes about organizing this space are also provided. Directions: Your job is to analyze profitability of a collection of goods to maximize potential contribution. There is a limited space to display the goods, so not all of the goods available can (or should) be chosen. Profit contribution is measured as sales quantity * price * gross margin (where gross margin is measured as a percentage of sales price). There must be exactly 11 different products (from several categories) displayed in order to draw the interest of consumers. You are also responsible for developing a workplace theme that ties the various goods together into a coherent display. You should make three considerations as you choose your items: 1) The contribution of the item to overall profitability. 2) The functionality of the display area and how the item fits into the workplace theme. 3) The size dimensions of the item. BUS 237 - Assignment 2: Retail Display 2 of 4 Determining the Historical Sales of Each Product: The collection of items is provided in the Access inventory database (Teka Inventory) containing two tables: Products and Sales. The Products table contains information about the small subset of Teka products considered to be top candidates for the sale, such as physical dimensions (in centimeters), selling price, and margin. The Product_ID code reflects the category of the inventory item (100 = desks & tables, 200 = chairs, 300 = storage & shelves, 400 = boxes, 500 = lamps, 600 = vases, 700 = decoration, 800 = rugs, 900 = beds). The Sales table provides sales (in number of units sold) by date and retail outlet — you should estimate sales volume using this data.  Use the query feature in Microsoft Access to join the tables and calculate aggregate sales for each product. Do not worry about the location of the sales—you are interested in total sales only.  You are running the sale from the start of January to the end of April. Given the seasonality of some of the products, you should look only at sales in the same time frame. Moreover, since decorating trends come and go, you should consider only the most recent year’s sales only. Calculating the Retailing Contribution of Each Product: The boss has asked you to select the products for the retail display based on their potential profit contribution. For this purpose, you must create an Excel spreadsheet showing your method for analyzing the contribution of each product.  Import the results of your historical sales query into Excel and use Excel’s arithmetic capabilities to calculate the necessary measures and ratios.  Use Excel’s sort feature to rank the list of products in terms of contribution (highest profit at the top). Only keep the products you want to display in the store – remove the rest of the inventory products from the sheet.  Create an appropriate chart in Excel that shows the amount of profit generated by each product. Use data labels to highlight the markers on the chart so you know which marker belongs to which product. Creating a Retail Display Diagram: Finally, you should use a general-purpose graphics tool like Microsoft Visio to create a retail display diagram.  Use Visio to map out the layout of the retail display area. Visio permits you to enter the exact dimensions for shapes so your diagram should give a precise indication of how the space is used. Make sure to label each product.  You should have no product extending beyond the boundaries of the displayed area as defined in Figure 1.  You can use Basic Shapes in Visio to draw simple shapes (e.g., circles, squares, etc.) and label them as your items. You can also use predefined Office Layout shapes in Visio (e.g., office accessories, equipment, and furniture). Figure 1: Retail Display Area (‘Bird's Eye’ top view) You can use shelving and other props in the space You should assume that other places in the store can store stock for actual sales All of your chosen items must be displayed in the space You are welcome to display duplicates of the items Items must be contained in the display area and should not spill out past the borders The height of the display area is 3.0 meters Each walled side is 4.0 meters long Solid lines represent walls Dashed line represents open space for customers to enter the display area 4.0 m 4.0 m BUS 237 - Assignment 2: Retail Display 3 of 4 Some notes about use of MS Visio for this assignment: Placing shapes on the canvas: To access Basic Shapes to draw simple shapes and label them as your items, select the following category in Visio: Block Diagram > Basic Diagram > Basic Shapes Online help: Visio basics http://office.microsoft.com/en-ca/visio-help/basic-tasks-in-visio-2010-HA101835290.aspx To access Office Shapes to draw complex shapes and label them as your items, select the following category in Visio: Building Plan > Office Layout (Metric) > then select any of the Office shapes (Accessories, Equipment, and Furniture) Online lesson: A quick introduction to office layouts http://office.microsoft.com/en-us/visio-help/a-quick-introduction-to-office-layouts-RZ001131613.aspx?CTT=1 With shapes placed on the canvas:  Set item dimensions by right-clicking on the shape and selecting View > Size & Position Window. Make sure you use proper units (cm = centimeters) for dimensions. In this window you can specify the exact measures for each item (to match the items measurements stated in the database). Since we are looking at the display from the top, you should use the Width and Depth dimensions from the Products table to set the Width and Height (the depth dimension of the object becomes height dimension if you are viewing that object from the top) values in Visio.  Label the items by double-clicking on shape and typing the item's label (e.g., product name) There are other ways to label your items, such as using the color legend, text labels, etc. You can also color the items and use a legend to better display the stacked items. Click on each item and from the main menu select Format > Fill then select a Color (you can also use a toolbar). BUS 237 - Assignment 2: Retail Display 4 of 4 Submission Instructions: Submit via Canvas Assignments tool the following four files: 1. The Report (5 pages) Create a Word document (in a professional memo format) addressed to your boss (in this case, your TA) outlining your analysis and design for the retail display area. Your document should contain:  A cover page with your name, student number, and the name of your TA.  Your 4 pages MS Word Report with the following sections appropriately labeled and formatted: 1) Introduction - A brief introduction that outlines the task and your methodological approach to product selection. It is important to describe the contribution rationale you used for your selection. 2) Table (copy/paste from Excel) - A list of the products you have selected for display. This list should show the critical elements of your contribution calculations and include only the products you selected for display. Your design of the spreadsheet is an important part of the assignment. 3) Chart (copy/paste from Excel) – A chart that compares the contribution from each item in your display. 4) Display diagram (copy/paste from Visio) – A diagram showing your retail display area. 2. Your Access Database Your database file should contain a single saved query named “QuerySalesSpring2016” plus the original two tables provided. The query should join the necessary tables and apply criteria to limit the results to those required for subsequent contribution analysis. 3. Your Excel Spreadsheet Your spreadsheet file should contain one sheet showing your contribution calculations plus a second sheet showing your contribution chart. Each sheet should be named appropriately. All other sheets should be removed. The spreadsheet should be well laid out and well documented so that your boss can make sense of it. 4. Your Visio Diagram Your diagram file should contain a visual representation of the retail display area. The layout of products and their labels should be clearly marked. All dimensions should be to scale. Marking Criteria:  See the assignment grading key for the evaluation criteria used to grade this assignment.  Students are expected to work independently on this assignment, therefore, TAs have been instructed to award a maximum grade of negative 15 (i.e., -150% cheating penalty) to students whose submissions suggest that they collaborated with others on their assignments (report and supporting files). This applies to the original author of the work, as well as to those whose submissions resemble it!  Late submissions will be penalized at the rate of 1 mark per day (-10%).  Missing assignments will result in an incomplete grade (N). This automatically becomes a failed grade (F) at the end of the semester, if the requirements (i.e., submitting the assignment) are not satisfied. Contact your TA immediately if you are having any problems with the Canvas submission process!

[Solved] BUS 237 - Assignment 2: Retail Display | Complete Solution

• This Solution has been Purchased 4 time
• Submitted On 27 Mar, 2016 09:44:11

• BUS 237 - Assignment 2 Retail Display Solution.zip (162 KB)
• BUS 237 Assignment 2 Retail Display Solution.xlsx (18 KB)

The benefits of buying study notes from CourseMerits

Assurance Of Timely Delivery

Best Price In The Market

Uninterrupted 24/7 Support

• Terms of service
• Privacy policy
• Selling Tips

bus 237 assignment 2

BUS 237 ASSIGNMENT #2

Autonomous Vehicles

Introduction

The introduction of autonomous vehicles into society is soon going to be a reality:

An autonomous car is a vehicle that can navigate itself on the roads and operate a car without the person inside having to do any work.

This is made possible through incredible advancements in technology that have been made throughout the past decades. This innovation is not only a fascinating proposal rather a very realistic image of what our future transportation will look like.

The benefits of autonomous cars are unending, not only will there be an enormous decline in car accidents but these cars can also be setup to ensure proper road laws are implemented. There have been tester cars made and it has been proven to run successfully, the only question is when they will take over and become a societal norm. This is a true testimony to the importance in continuing to learn about technology and understanding how it works.

http://www.rand.org/pubs/research_reports/RR443-2.html

Autonomous Vehicles In Use

• Tesla has been widely renowned over the media when they introduced its Autopilot feature where sensors are enabled to let the vehicle be autonomous, free from human intervention.  It can manage its speed, park by itself, but the defining leap towards full autonomy was its self-steering ability. They currently sell cars equipped with fully self-driving hardware (Model S & X).
• The company promises that by 2018 they will be able to produce a car that can drive from Los Angeles to New York without a human on board, which is a claim that exceeds other competitors like Ford, GM, etc.  

• Ford is another car manufacturing company where it introduced its Ford Focus as a car that can self-park in any given situation; this was a gateway to the revolutionizing of coming automated vehicles.

• Google also has developed an electric car out of their Google X branch where their car is solely autopilot and is not designed to be driven by people, lacking a steering wheel and relying on its rounded sensors for autonomous movement.  Since Google is relying on its software to drive, a precaution that they have set out is that their speed limit would max out at 35 mph.

With many popular companies releasing these vehicles, they have not yet been fully adapted by people due to the possible risk of technological failure which will put people’s lives in jeopardy.  A test and trial phase is necessary for all companies.

( https://www.tesla.com/en_CA/presskit/autopilot?redirect=no )

( https://owner.ford.com/how-tos/vehicle-features/convenience-and-comfort/active-park-assist.html )

( https://www.google.com/selfdrivingcar/ )

From a Business Perspective

• Reduce labor costs and improve productivity of logistics

The smart technology will reduce labor costs spent on hiring drivers and increase productivity as the autonomous vehicles can operate 24/7. Managers can spend their asset on the other activities to improve the overall product or service. Also, the whole supply chains will be improved due to the flexible and faster distributions of their products and reduced goods in stocks

* Autonomous truck makes first shipment: 50,000 cans of beer

• Increase time efficiency and provide innovative way to interact with people

The autonomous vehicles can free users while traveling to work, so they can use their time on other things without worrying about the traffic. By removing the parts of the vehicles that are necessary to drive, the car’s internal design can be reshaped into a better place to work, sleep, or interact with customers and partner.  Using the autonomous vehicles in car-pooling will allow for innovative business process and innovative way to reach consumers or other business. Lastly, with more efficient traffic flow, it will reduce road congestions and cuts costs of travel time for managers as well.

*Volkswagan’s diagram for their autonomous cars interior

• Minimize the risks of traveling and increase the reliability of the product delivery

It insures the safety of travelers and the transportation of the company’s goods since the technology eliminate almost all human errors. It is not only a large costs savings in car insurance or human health care, but also an ideal way to avoid danger while traveling or transporting goods. Therefore, it insures that the products will be delivered on time without any lost as well as the safety of drivers.

Disadvantages

• Tremendous costs to purchase and implement the technology

There will be tremendous costs for buying such equipment and fully integrate the new system with the users. Since it is a disruptive technology, a manager should worry about people losing their jobs in the logistics industry. However, driverless technology is getting cheaper and cheaper that a Honda’s self-driving car reduced to $20,000 from $100,000 in 2014.

(   http://www.fool.com/investing/2016/08/04/how-much-do-driverless-cars-cost.aspx  )

• Concerns with the storage of the big data and the hacking attacks

The technology requires a lot of room to store its data for their extremely high quality maps and ability to drive and park in any situations. Also, there is potential security issues against hackers who might take control of the vehicle and steal the goods or data. Still, the autonomous vehicle’s ability of researching, collecting, and storing data that are helpful for customer management, location-based services, or marketing level out the negative aspects.

Overall, business people are benefited through the increased productivity, time saved for managers, and more interactions with partners on the costs of concerns in storing data, startup and implementing costs

Future of autonomous vehicles.

• Given technology for autopilot in airplanes and ships exist, it is almost certain for similar technology to become prevalent to consumer level vehicles.
• Amazon is already in the works of developing automated delivery, experimenting with self-driving drones and vans.
• Mark Fields, CEO of Ford estimates autonomous vehicles on the market by 2020.
• Institute of Electrical and Electronics (IEEE) predicts that 75% of road vehicles will be autonomous by 2040.   

( http://www.thecarconnection.com/news/1079261_ieee-says-that-75-of-vehicles-will-be-autonomous-by-2040 )

• Limits of Artificial Intelligence – There will always be decisions only humans can make. A computer can only go so far to make decisions but ultimately cannot control the actions of another human driver or manage itself in unexpected situations.
• Job Safety – Many drivers will lose jobs as delivery companies can cut costs by replacing workers with autonomous cars.
• Liability – if an accident happens it is difficult to decide who is at fault.

( http://www.forbes.com/sites/danielnewman/2016/09/27/autonomous-cars-the-future-of-mobility/#12e9831f514a )

• Already have a WordPress.com account? Log in now.
• Subscribe Subscribed
• Report this content
• View site in Reader
• Manage subscriptions
• Collapse this bar

BUS 237 – Assignment 2: Retail Display

BUS 237 – Assignment 2: Retail Display 1 of 6 Due Date/Time: Check Canvas Assignments for the due date/time for your section! Objective and Background: The purpose of this assignment is to give you experience using a range of software productivity tools to address a realistic business task. The task is to create a visual layout for a retail display area. You will use Microsoft Access to get sales information for a range of products, Microsoft Excel to calculate the profitability of each product, and Microsoft Visio to create a layout for the products given a fixed amount of display space. Finally, you will use Microsoft Word to bring all the elements of your analysis together into a coherent and professional report. Any retail business must display goods in order to sell them. The art in developing effective retail management is utilizing the space in the store in order to display items that provide the largest contribution to overall profit. Retailers attempt to draw maximum attention to their most profitable products. Profitability is a function of the total profit earned on the sale of each item and the number sold. Thus, high-price, highmargin products may be profitable even if they do not account for the largest number of items sold. Conversely, lowprice, low-margin products may be profitable if the products achieve high sales volumes. An effective retail manager must not only be good at choosing profitable items, he or she must also be creative in displaying these goods as an understandable theme so that customers want to buy the goods. The most effective retail managers therefore carefully balance profitability and display design. Scenario: You are an associate manager at Astrid, a large Scandinavian retail store specializing in products for the workplace. Astrid is going to put all of the items in the store on sale. You have been given the job of creating a display for a collection of items of your own choosing for the sale. Your job is first to choose which items provided in the inventory you want to sell. Once you have chosen the items, you need to position them so that they fit into the retail display area provided. The dimensions of the display area are provided in Figure 1. Some notes about organizing this space are also provided. Directions: Your job is to analyze the gross margin of a collection of goods to maximize potential profit contribution. The trick is that there is a limited space to display the goods, so not all of the goods available can (or should) be chosen. Profit contribution is measured as sales quantity * price * gross margin percent. There must be exactly 15 different products (including at least one item from each category) displayed in order to draw the interest of consumers. You are also responsible for developing a workplace theme that ties the various goods together into a coherent display (see Figure 2 for an example). You should consider three things when making the choice of your items: 1) The contribution of the item to overall profitability of the space. 2) The size dimensions of the items. 3) The functionality of the space and how the item fits into the workplace theme. BUS 237 – Assignment 2: Retail Display 2 of 6 Determining the Historical Sales of Each Product: The collection of items is provided in the MS Access inventory database (Astrid_Inventory) containing two tables: Products and Sales. The Products table contains information about items available for sale. The Product_ID code reflects the Category of the inventory item (100 = desks & tables, 200 = chairs, 300 = storage & shelves, 400 = boxes, 500 = lamps, 600 = vases, 700 = decoration, 800 = rugs, 900 = beds). The table also includes product’s physical dimensions (in centimeters), selling price, and gross margin (expressed in percent). The Sales table provides the sales quantity (in number of units sold) by date and retail outlet — you should estimate sales volume using this data. • Use the query feature in Access to join the tables and calculate aggregate sales for each product. Do not worry about the location of the sales—you are interested in total sales only. • You are running the sale in the end of Fall. Given the seasonality of some of the products, you should look at sales from the start of September to the end of December time frame only. Moreover, since customers’ preferences change over time, you should consider only the most recent year’s sales. Calculating the Retailing Contribution of Each Product: The boss has asked you to select the products for the retail display based on their potential profit contribution. For this purpose, you must create MS Excel spreadsheet showing your method for analyzing the profit of each product. • Export the results of your historical sales query into Excel table and calculate the profit contribution. § Use sort feature to rank the list of products in terms of contribution (highest profit at the top). § ONLY keep the records about the products you want to display in the store – remove the rest of the items from the sheet. § Use conditional formatting to visually highlight the profit amounts. § Summarize the sales and profits and calculate the projected gross margin for all selected products. • Create an appropriate chart in Excel that shows the amount of profit generated by each product. § Use data labels to highlight the markers on the chart so you know which marker belongs to which product. An example of how your spreadsheet might be organized is provided below: Item ID Item Price Quantity Gross Margin Sale Profit Item E Table $ 16.95 80 66% $ 1,356.00 $ 894.96 Item A Chair $ 19.95 45 52% 897.75 466.83 Item B Rug $ 3.50 130 46% 455.00 209.30 Item F Sofa $ 5.00 60 30% 300.00 90.00 Item D Shelf $ 9.95 12 47% 119.40 56.12 Item C Bowl $ 9.95 10 56% 99.50 55.72 Totals $ 3,227.65 $ 1,772.93 Overall GM 54.93% NOTE: DO NOT SIMPLY COPY THE ABOVE EXAMPLE! BUS 237 – Assignment 2: Retail Display 3 of 6 Creating a Retail Display Diagram: Finally, you should use a general-purpose graphics tool like MS Visio to create a retail display diagram. • Use Visio to map out the layout of the retail display area. Visio permits you to enter the exact dimensions for shapes so your diagram should give a precise indication of how the space is used. Make sure to label each product. • You should have no product extending beyond the boundaries of the displayed area as defined in Figure 1. • You can use Basic Shapes in Visio to draw simple shapes (e.g., circles, squares, etc.) and label them as your items. You can also use predefined Office Layout shapes in Visio (e.g., office accessories, equipment, and furniture). With shapes placed on the Visio canvas: • Set item dimensions by right-clicking on the shape and selecting View > Size & Position Window. Make sure you use proper units (cm = centimeters) for dimensions. In this window you can specify the exact measures for each item (to match the items measurements stated in the database). Since we are looking at the display from the top, you should use the Width and Depth dimensions from the Products table to set the Width and Height (the depth dimension of the object becomes height dimension if you are viewing that object from the top) values in Visio. • Label the items by double-clicking on shape and typing the item’s label (e.g., product name) There are other ways to label your items, such as using the color legend, text labels, etc. You can also color the items and use a legend to better display the stacked items. Click on each item and from the main menu select Format > Fill then select a Color (you can also use a toolbar). • You can include props (e.g., computer, telephone, etc.) These items are not in your inventory, and are not for sale; just use them as decoration that fits within the workplace theme. Do not label the prop items! • See an example of workplace diagram in Figure 2. This is example only; it does not match assignment requirements. • If you do not know how to do something in Visio, search for help online or use internal Help feature. ‘Bird’s Eye’ view from the top: § All of your chosen items must be displayed within the borders of the display area § Each chosen item must be labeled § You can also display duplicates of the chosen items (do not label duplicated items) § You can include props inside the space (do not label those) § The length of two side walls are 3.5 meters § The length of the back wall is 4 meters Dashed line represents open aisle for people to enter the display area Solid lines represent walls Figure 1: Retail Display Area BUS 237 – Assignment 2: Retail Display 4 of 6 Figure 2 shows an example of the workplace themed display area created using the office layout shapes in MS Visio: Figure 2: Workplace Display Example BUS 237 – Assignment 2: Retail Display 5 of 6 Submission Instructions: Submit via Canvas Assignments tool the following four files: 1. The Report (5 pages) Create a Word document (in a professional memo format) addressed to your boss (in this case, your TA) outlining your analysis and design for the retail display area. Your document should contain the following sections properly labeled/formatted: 1) Cover Page with assignment info, course info, TA name, your name and student number (Insert > Cover Page). 2) Memo – A brief introduction that outlines your task and methodological approach to product selection. It is important to describe the contribution rationale you used for your selection. 3) Table (copy/paste from Excel) – A list of the products you have selected for display. This list should show the critical elements of your contribution calculations and include ONLY the products you selected for display. Your design of the spreadsheet is an important part of the assignment. 4) Chart (copy/paste from Excel) – A chart that compares the contribution from each item in your display. 5) Display Diagram (copy/paste from Visio) – A diagram showing your retail display area. 2. Your Access Database Your database file should contain a single saved query named as “QuerySalesFall2018” plus the original two tables provided. The query should join the necessary tables and apply criteria to limit the results to those required for subsequent contribution analysis. 3. Your Excel Spreadsheet Your spreadsheet file should contain one sheet showing your profit contribution calculations, plus a second sheet showing your contribution chart. Each sheet tab should be named appropriately. All other sheets should be removed. The spreadsheet should be well formatted and documented so that your boss can make sense of it. 4. Your Visio Diagram Your diagram file should contain a visual representation of the retail display area. The layout of products and their labels should be clearly marked. All dimensions should be to scale. Marking Criteria: • See the assignment Grading Key on the last page for the evaluation criteria used to grade this assignment. • Plagiarism: Students are expected to work independently on this assignment; therefore, a maximum grade of zero (0) will be given to students whose submissions suggest that they collaborated with others on their assignments. This applies to the original author of the work, as well as to those whose submissions resemble it! • NO late submissions will be accepted for this assignment! Contact your TA immediately if you are having any problems with the Canvas submission process! BUS 237 – Assignment 2: Grading Key 6 of 6 Criteria Exemplary (20) Good (15) Acceptable (10) Unacceptable (5) Formatting & Writing Follows formatting instructions; Great vocabulary; No spelling or grammar errors Follows formatting instructions; Good vocabulary; 1-2 spelling or grammar errors Minor issues with formatting; Inappropriate report elements (cover page, memo, table, chart, display); Reasonable vocabulary; 3-4 spelling or grammar errors Major issues with formatting; Missing report elements (cover page, memo, table, chart, display); More than 5 spelling or grammar errors; Over the page limit Choice of Items Excellent justification; Correct number of items Appropriate justification; Correct number of items Weak justification; Correct number of items Missing justification AND/OR Incorrect number of items Database Analysis Appropriate query in Access Incorrect query/query name OR relationship in Access Incorrect query/query name AND relationship in Access Missing query AND/OR relationship in Access Missing MS Access (0 score) Spreadsheet Analysis Appropriate formulas, chart type, and formatting in Excel Appropriate formulas and chart type in Excel; Minor issues with formatting (styles, titles, labels, tabs, numbers) Incorrect formulas and/or chart type in Excel; Some issues with formatting (styles, titles, labels, tabs, numbers) Missing formulas and/or chart in Excel; Major issues with formatting (styles, titles, labels, tabs, numbers) Missing MS Excel (0 score) Display Layout Creative display layout; Items correctly labeled and sized in Visio Appropriate display layout; Minor issues with items’ labeling and/or sizing Some issues with the display layout; Several issues with items’ labeling and/or sizing Missing labels in the model; Wrong dimensions; Not all items displayed Missing MS Visio (0 score) Total Grade (out of 100) à LATE ONLINE SUBMISSION = 0 GRADE !!!

Academia.edu no longer supports Internet Explorer.

To browse Academia.edu and the wider internet faster and more securely, please take a few seconds to  upgrade your browser .

Enter the email address you signed up with and we'll email you a reset link.

• We're Hiring!
• Help Center

BUS 237 Individual Assignment

Related Papers

Universitas Indonesia

Sisilia Juliana Hanamaria

Fernando A G Alcoforado

The automation of industrial and service sectors compromises the interests of the capitalists contributing to the inexorable decline in its rate of profit to be zero in the mid-twenty-first century and also of manual and the knowledge workers that they will be excluded from the labor market. In summary, the incessant and impetuous technical development, driven by competition between capitalists, forces them to invest in automated machinery that allows them to produce the same with the use of less labor time. Therefore, in their search for playback capital, capitalists tend to invest more in automated machinery and less in labor causing the rate of profit has a tendency to decrease. The main conclusion related to the automation of productive activity is that it would be viable only in a post-capitalist society that does not pursue profit and that humans are released from the labor burden with its replacement by automated machinery. Everything indicates that humanity is on the threshold of a new era in which a new society different from the current will born with the inexorable end of capitalism in the mid-twenty-first century and the workers will be released from the labor burden with the increasing of automation of industrial and services sectors.

International Journal of Management and Social Science Research Review

Dr B H A N U MVV

This paper begins with how automation is threating the present and future generations by recruitment freezing, and its impact on ASEAN-5 countries especially and also provides the need of man vs. machine integration in creating a better future. Automation is an idea that has mostly inspired science fiction writers and Hollywood based movies, writers and futurologists over a period of century. Now automation is no longer viewed as an fiction, where across the globe majority of the companies are using robots in the production process, managing inventories and to carry out the other core business functions. Due, to this Automation process there also exists some benefits like reducing the wastage, changing the pace and scope of work processes etc, and on the negative side the disadvantage is the cut in huge employment across various sectors across the globe. Automation of activities will enable businesses to improve performance, by reducing errors and improving quality and speed, and in some cases achieving outcomes that go beyond human capabilities. The data and views presented in this paper is purely secondary in nature collected from various research reports, magazines, articles etc. The basic objective of the researcher is to present his opinion on automation and its impact on employments in near coming future across various sectors. In this paper an attempt was also made how wide range of technologies could automate workplace activities, and also the impact on global workforce. This work does not define what the new activities and occupations that will be developed will be, nor does it analyze in depth how the economic gains of automation will be distributed or provide specific policy recommendations for governments.

Oulath D U K E Saeng Outhay

Augusto Nembrini

In order to answer this question, we must consider three scenarios, a world where all jobs have been automated, the transition period and whether we may be able to achieve such society or not. Coppola in (Westlake, 2014) claims that the outcome of further technological implementation will depend on the willingness of people to give up job security and how good the system is at educating them. In practice all socio, political and economic theories have failed and become versions of the same thing. In this way, they are all utopic. For the first time in history humans have a realistic possibility of achieving a fairer society. The key to this is automation, freeing people to focus on more aspirational and higher social goals.

Diogo Canastro

In today’s world, technology is an indispensable part of our daily life. More and more products are produced to satisfy the needs of a growing population and the Internet is creating new services every day. However, to be able to keep up with the growing demand, new technologies needed to be invented to increase the pace of production and to lower costs. Automating tasks was the solution and for many years machines did repetitive tasks, replaced people and created new and better jobs to substitute the old ones. Nowadays automation is reaching incredible levels and it is not creating enough jobs to replace the old ones. Will unemployment increase in the upcoming years or will humanity be able to adapt to a different job market? Our study focuses on the types of unemployment caused by automation and on the possible solutions that society needs to implement. The research also points out how people from different social classes face the changing job market and how all can benefit from i...

Research Essay

Isaac Ikwuegbu

Abstract There is no gain-saying that in the near future, our world, as it is known today will experience dramatic change, improvement, efficient means of doing things and loss of jobs in terms of work displacements. This has been the case since 1946 when the automobile industry improved their production by the use of automatic devices and controls – a term referred to as automation. Most experts, at the time, raised concern about these machines replacing factory workers. Rather than augment workers, and improve productivity, this process was misunderstood. But as we approach the latter part of the year 2020, a new paradigm shift seems to have occurred regarding the role of automation and AI in the future of work. This is what this paper will seek to address. Keywords: Artificial Intelligence, Automation, Machine learning, Employment, Displacement

raghav sriram

A study done by the United States Bureau of Labor Statistics found that of men ages 25 to 54, 13.2% were without work (Eberstadt). The British Broadcasting Company (BBC) believes this can be attributed to the increased use of robots—specifically in the manufacturing industry. Since 2000, industrial robots have replaced 1.7 million manufacturing jobs worldwide, and of these 1.7 million jobs, 260,000 were lost in the United States (Robots’ 'to replace up to 20 million factory jobs' by 2030) displaying the massive contribution automation has had on America’s unemployment crisis. According to Workism Is Making Americans Miserable, blue-collar jobs produce tangible products such as coal steel rods, and houses (Thompson) allowing manufacturers to easily replace them with more economically efficient robots. When 1,896 experts were asked the following question, “Will networked, automated, artificial intelligence (AI) applications and robotic devices have displaced more jobs than the...

Matteo Rivera

Saloni Goel

RELATED PAPERS

Bulletin of the London Mathematical Society

Guy Metivier

Scientific Reports

Daniela Dunkler

Breast Diseases: A Year Book Quarterly

Laura Collins

Alcoholism: Clinical and Experimental Research

Hisao Nishijo

Andreas Matzarakis

Journal of Robotics, Networking and Artificial Life

Isa Inuwa-Dutse

International Journal of Environmental Health Research

Mamadou Maladho diallo

European review for medical and pharmacological sciences

Mohamed H Tageldin

Journal of Human and Social Science Research

Dr. Nazrul Islam

Population Health Metrics

Munirul Islam

Frattura ed Integrità Strutturale

Ibrahim Zidane

International Journal of Learning and Development

Muhammad Hafiz

Erken Çocukluk Çalışmaları Dergisi

mahmut altunhan

Amanullah Jan

Journal of Dairy Science

Niel Karrow

Applied Surface Science

Catalin Constantinescu

Faith Maina

arXiv (Cornell University)

Peter Oppeneer

Molecular Neurobiology

Juan López-costa

Tribology Letters

Jayashree Bijwe

Claire Ducournau , Pénélope Dechaufour

Historiographia Linguistica

Karin Ryding

2009 Ninth Annual International Symposium on Applications and the Internet

Ricardo Oliveira

Revista Contemporânea

Marco Aurelio Chaves Ferro

•   We're Hiring!
•   Help Center
• Find new research papers in:
• Health Sciences
• Earth Sciences
• Cognitive Science
• Mathematics
• Computer Science
• Academia ©2024

• Study Guides
• Homework Questions

Case Study- Assignment 2 (Cryptocurrency) (Amber Henson) (1)