Saturday, February 15, 2020
The Strategy Virgin Group Case Study Example | Topics and Well Written Essays - 250 words - 2
The Strategy Virgin Group - Case Study Example The ownership group of the company believed that the normal pressures of the shareholders for instant results along with the added cost associated with the reporting requirement of institutions such as the London Stock Exchange (LSD) inhibit the ability of the company to grow. Due to the fact that the company was kept private, the firm has been able to keep basic accounting numbers of its operation without the rigorous requirement accounting frameworks such as GAAP or IFRS required. The management of the company established a business strategy for its conglomerate group based on the assumption that its brand would be able to captivate the domestic customers due to the fact the Virgin brand represents quality and value. The Groupââ¬â¢s ambition caused the firm to penetrate industries it should have not to such as the train travel industry. The firm believes that one of its primary business sectors that helped the company build brand value is its airlines' operations. The overall st rategy of the group so far has worked, but due to market changes, the firm must adjust its long-term strategy to meet the customer requirements of its clientele.
Sunday, February 2, 2020
Journal entry Essay Example | Topics and Well Written Essays - 250 words - 1
Journal entry - Essay Example The characteristics of learning materials were concurrently expounded providing discussions on language, culture and viewpoints of learners, as necessary. Various techniques were likewise presented regarding soliciting information regarding materials and getting the most from them. One would definitely benefit from the contents of the article in terms of recognizing the role that instructional materials play in learning English as a second language. In the process, the techniques that were discussed are tools that would provide direction and guidelines in determining which materials are most effective and what particular information could be used to maximize learning. If one would be required to work on a particular project within the course module, the materials would provide the theoretical framework within which various applications could be generated. Therefore, through recognizing and awareness of instructional materialsââ¬â¢ relevance to the course, one is made more sensitive and discerning in selecting and using the most effective materials to ensure that learning objectives are appropriately met. Kitao, K., & Kitao, S. K. (1997, April). Selecting and Developing Teaching/Learning Materials. Retrieved February 6, 2012, from The Internet TESL Journal :
Saturday, January 25, 2020
Panama Canal :: American America History
Panama Canal How did we, humans, accomplish these great tasks? Such deeds are the Great Wall of China and the pyramids of Egypt. But one of these magnificent accomplishments is more significant than others: the Panama Canal. Encouraged by the French, the US built a vital link for the entire world. Despite previous failures by preceding organizations, the US was able to survive. This structure remains today as one of the greatest engineering marvels of the modern world. The Canal goes as far back as the 16th century after Europeans realizing the riches of South America and Asia. Charles I of Spain ordered the first survey of a proposed canal route through the Isthmus of Panama. The survey was finished in 1529 but wars in Europe simply put the project on hold. Then, Emperor Napoleon III of France toyed with the idea of a canal in French land across the sea but never thought much more of it. Various maps were drawn between 1850 and 1875 and proved that only 2 routes were possible: one across Panama and the other across Nicaragua. In 1876, an international company was mustered but failed. Three years later, Ferdinand Marie de Lesseps, the builder of the Suez Canal across Egypt, organized a French company. Lesseps' succession at Suez gave him confidence that a canal at Panama would be no different. A lease on building the canal was sold to France by Colombia from 1878 to 1903. In the beginning, Lesseps had hoped to muster 400 billion francs but received 30 million francs, only 8% of what he had wished for. Work for the French company started in 1882. From that point on, the company and the canal were plagued by troubles, from money to diseases. France gave up on the canal project and began a search for a buyer. Eventually, France found a friend in the US. America sent Lieutenant Menocal to survey Nicaragua for a canal site. But, the government lost funding, the first and last of America's mistakes on the canal project. President McKinley would have probably secured funds for a Nicaraguan canal, had not a bullet taken his life. Theodore Roosevelt decided to begin anew and a friendship with the Republic of Panama. Philippe Bunau-Varilla, an American ambassador, wrote the Hay-Bunau-Varilla treaty, which was ratified by the new Panamanian Government in 1903 and by the American Senate in early 1904.
Friday, January 17, 2020
Racial Profiling
This paper is going to review recent studies on racial profiling and critiques many of their methods. I will be using the conflict theory to review a number of ways that may explain racial disparities in the rates of crimes. Also I will be using conflict theory to review how it affects people in society. It addresses the major problem of inequality that exists in society today. Racial profiling in America is where those in authority use race factor when arresting citizens. Racial profiling occurs when the police target someone for investigation on the basis of that person's race, origin, or ethnicity.It has led police agencies across the world to start collecting information about traffic and pedestrian stops. The controversy over this is that all assumptions are race based. One example of this research states that police face the use of race to make decisions during traffic and pedestrian stops. The public is concerned that these decisions reflect racial prejudice, and racism. Many researchers continue to defend theses profiles, saying that they are based of accurate facts (Hersezenhorn, 2000; Kennedy, 1997; Taylor ;amp; Whitney, 1999).Other experts have tested the accuracy of these profiles, and still have argued that even if accurate, all decisions based off race is inappropriate (Harris, 1997, 1999a; Kennedy, 1997). There are two meanings to racial profiling. ââ¬Å"Hardâ⬠racial profiling uses race as the only factor. E. g. an officer sees a black person and pulls him over for a search and pat-down. ââ¬Å"Softâ⬠racial profiling is using race as one factor among others in criminal suspiciousness. E. g. a report says that a Jamaican drug lord is driving a Jeep, so troopers pull over black males who are speeding in Jeeps.Even though the driver was speeding, the reason the officer pulled him over instead of the other cars, was due to his race. Minorities are usually the ones affected by racial profiling. According to the public, the war on drugs im mediately became a war on minorities. There is evidence for racial profiling. One is anecdotal, which is a limited value. The other is statistical, which research is entirely worthless. Any evaluation of the evidence for the use of race profiling in policing must keep the contexts distinct. Today, skin color makes you a suspect in America. You are more likely to be topped, searched, be arrested or imprisoned. Racial profiling does not only exist in crime but in our society. People are segregated by race and ethnicity. A certain race may think that they are wealthier than others. They also believe that they have more power and education than other races. This creates a conflict between different races and ethnic groups. Class rank also conflicts when it comes to racial profiling. Upper class ideally has more power than middle and lower class. Thus, resulting in a group conflict. Lower and middle class want equal protection and power.Whites are usually in the higher rank, and blacks a re in lower ranks. Stereotypes also fall into the category of racial profiling. When we see someone who is black we automatically assume they are African. When we see someone who is Hispanic we automatically assume their Spanish. When we see an Asian person we automatically assume their Chinese, and when we see a white person we assume their American. Itââ¬â¢s the little things like this that are considered racial profiling. Most of us donââ¬â¢t think that itââ¬â¢s bad but someone could take it offensively. Another way we use racial profiling is when we meet people.When you see a nice dressed white male you assume heââ¬â¢s wealthy and intelligent. When you meet a black male, who is not dressed as nicely, you assume heââ¬â¢s a thug, or has dropped out of school. The saying ââ¬Å"Donââ¬â¢t judge a book by its coverâ⬠not only works for books but for people as well. The labor laws state that no one should be turned down for a job due to disabilities or their age . Shouldnââ¬â¢t this be the same with race, ethnic, and skin color? In conclusion racial profiling still exists in the United States because we allow it too. It must be stopped, before crimes go up.We should not make decisions off skin color or ethnic backgrounds. Weââ¬â¢ve come a long way and everyone should be seen as equals. Even though racial profiling exists in crimes and police stops, we should make an effort to change this. There are other ways to go about making an arrest or sentencing someone to jail. Skin color, ethnic background, and religion should not be factors when deciding to arrest or pull someone over. I believe that if we make an effort to let everyone know that racial profiling is still happening today we can make a difference to prevent it.References Robin Shepard Engel, Jennifer M Calnon, Thomas J Bernard. Justice Quarterly: JQ. Highland Heights: Jun 2002. Vol. 19, Iss. 2; pg. 249, 25 pgs Katy Hurst (2008). http://www. mightystudents. com/essay/conflict. theory. explain. 70034 Heather Mac Donald (Spring 2001). The Myth of Racial Profiling: http://www. city-journal. org/html/11_2_the_myth. html John Reitzel, Alex R. Piquero. Does It Exist? Studying Citizensââ¬â¢ Attitudes of Racial Profiling: http://pqx. sagepub. com/content/9/2/161. abstract Racial Profiling This paper is going to review recent studies on racial profiling and critiques many of their methods. I will be using the conflict theory to review a number of ways that may explain racial disparities in the rates of crimes. Also I will be using conflict theory to review how it affects people in society. It addresses the major problem of inequality that exists in society today. Racial profiling in America is where those in authority use race factor when arresting citizens. Racial profiling occurs when the police target someone for investigation on the basis of that person's race, origin, or ethnicity.It has led police agencies across the world to start collecting information about traffic and pedestrian stops. The controversy over this is that all assumptions are race based. One example of this research states that police face the use of race to make decisions during traffic and pedestrian stops. The public is concerned that these decisions reflect racial prejudice, and racism. Many researchers continue to defend theses profiles, saying that they are based of accurate facts (Hersezenhorn, 2000; Kennedy, 1997; Taylor ;amp; Whitney, 1999).Other experts have tested the accuracy of these profiles, and still have argued that even if accurate, all decisions based off race is inappropriate (Harris, 1997, 1999a; Kennedy, 1997). There are two meanings to racial profiling. ââ¬Å"Hardâ⬠racial profiling uses race as the only factor. E. g. an officer sees a black person and pulls him over for a search and pat-down. ââ¬Å"Softâ⬠racial profiling is using race as one factor among others in criminal suspiciousness. E. g. a report says that a Jamaican drug lord is driving a Jeep, so troopers pull over black males who are speeding in Jeeps.Even though the driver was speeding, the reason the officer pulled him over instead of the other cars, was due to his race. Minorities are usually the ones affected by racial profiling. According to the public, the war on drugs im mediately became a war on minorities. There is evidence for racial profiling. One is anecdotal, which is a limited value. The other is statistical, which research is entirely worthless. Any evaluation of the evidence for the use of race profiling in policing must keep the contexts distinct. Today, skin color makes you a suspect in America. You are more likely to be topped, searched, be arrested or imprisoned. Racial profiling does not only exist in crime but in our society. People are segregated by race and ethnicity. A certain race may think that they are wealthier than others. They also believe that they have more power and education than other races. This creates a conflict between different races and ethnic groups. Class rank also conflicts when it comes to racial profiling. Upper class ideally has more power than middle and lower class. Thus, resulting in a group conflict. Lower and middle class want equal protection and power.Whites are usually in the higher rank, and blacks a re in lower ranks. Stereotypes also fall into the category of racial profiling. When we see someone who is black we automatically assume they are African. When we see someone who is Hispanic we automatically assume their Spanish. When we see an Asian person we automatically assume their Chinese, and when we see a white person we assume their American. Itââ¬â¢s the little things like this that are considered racial profiling. Most of us donââ¬â¢t think that itââ¬â¢s bad but someone could take it offensively. Another way we use racial profiling is when we meet people.When you see a nice dressed white male you assume heââ¬â¢s wealthy and intelligent. When you meet a black male, who is not dressed as nicely, you assume heââ¬â¢s a thug, or has dropped out of school. The saying ââ¬Å"Donââ¬â¢t judge a book by its coverâ⬠not only works for books but for people as well. The labor laws state that no one should be turned down for a job due to disabilities or their age . Shouldnââ¬â¢t this be the same with race, ethnic, and skin color? In conclusion racial profiling still exists in the United States because we allow it too. It must be stopped, before crimes go up.We should not make decisions off skin color or ethnic backgrounds. Weââ¬â¢ve come a long way and everyone should be seen as equals. Even though racial profiling exists in crimes and police stops, we should make an effort to change this. There are other ways to go about making an arrest or sentencing someone to jail. Skin color, ethnic background, and religion should not be factors when deciding to arrest or pull someone over. I believe that if we make an effort to let everyone know that racial profiling is still happening today we can make a difference to prevent it.References Robin Shepard Engel, Jennifer M Calnon, Thomas J Bernard. Justice Quarterly: JQ. Highland Heights: Jun 2002. Vol. 19, Iss. 2; pg. 249, 25 pgs Katy Hurst (2008). http://www. mightystudents. com/essay/conflict. theory. explain. 70034 Heather Mac Donald (Spring 2001). The Myth of Racial Profiling: http://www. city-journal. org/html/11_2_the_myth. html John Reitzel, Alex R. Piquero. Does It Exist? Studying Citizensââ¬â¢ Attitudes of Racial Profiling: http://pqx. sagepub. com/content/9/2/161. abstract Racial Profiling Racial Profiling Racial profiling has been around for hundreds of years and it's still around, but not as bad as it use to be. Racial profiling is wrong for many different reasons and here is why. For example, racial profiling is wrong because you can't judge somebody just because their skin color isn't white. Police officers were often pulling over people of color just for the fun of it. It was humiliating to the people because it made them feel like they were nothing more than a piece of garbage. The police officers didn't take colored people seriously and just did what they wanted. They asked permission to search the car and when he refused they searched it anywayâ⬠clearly states that the police had no respect for colored people and their feelings. Furthermore, racial profiling is wrong because it really does not matter what color skin you have, you can still be a good person at heart. ââ¬Å"Virtually everybody is innocent, and virtually everybody is not whiteâ⬠is a t rue statement because it's not just black and hispanic people who are in gangs, rob stores, steal cars etc.. it's white people to.It makes people feel sad and unloved, and sometimes pushes them to a point to where they want to commit suicide. Also, it starts fights and arguments and if it goes to far, you end up getting arrested. In reality, everybody makes mistakes. All in all, I feel racial profiling is wrong because if you think about it enough and try and understand what it feels like to be constantly harassed and humiliated, you wouldn't like it either. Hopefully in the future, people stop being racist and just know everybody is human and everybody has feelings. Racial Profiling This paper is going to review recent studies on racial profiling and critiques many of their methods. I will be using the conflict theory to review a number of ways that may explain racial disparities in the rates of crimes. Also I will be using conflict theory to review how it affects people in society. It addresses the major problem of inequality that exists in society today. Racial profiling in America is where those in authority use race factor when arresting citizens. Racial profiling occurs when the police target someone for investigation on the basis of that person's race, origin, or ethnicity.It has led police agencies across the world to start collecting information about traffic and pedestrian stops. The controversy over this is that all assumptions are race based. One example of this research states that police face the use of race to make decisions during traffic and pedestrian stops. The public is concerned that these decisions reflect racial prejudice, and racism. Many researchers continue to defend theses profiles, saying that they are based of accurate facts (Hersezenhorn, 2000; Kennedy, 1997; Taylor ;amp; Whitney, 1999).Other experts have tested the accuracy of these profiles, and still have argued that even if accurate, all decisions based off race is inappropriate (Harris, 1997, 1999a; Kennedy, 1997). There are two meanings to racial profiling. ââ¬Å"Hardâ⬠racial profiling uses race as the only factor. E. g. an officer sees a black person and pulls him over for a search and pat-down. ââ¬Å"Softâ⬠racial profiling is using race as one factor among others in criminal suspiciousness. E. g. a report says that a Jamaican drug lord is driving a Jeep, so troopers pull over black males who are speeding in Jeeps.Even though the driver was speeding, the reason the officer pulled him over instead of the other cars, was due to his race. Minorities are usually the ones affected by racial profiling. According to the public, the war on drugs im mediately became a war on minorities. There is evidence for racial profiling. One is anecdotal, which is a limited value. The other is statistical, which research is entirely worthless. Any evaluation of the evidence for the use of race profiling in policing must keep the contexts distinct. Today, skin color makes you a suspect in America. You are more likely to be topped, searched, be arrested or imprisoned. Racial profiling does not only exist in crime but in our society. People are segregated by race and ethnicity. A certain race may think that they are wealthier than others. They also believe that they have more power and education than other races. This creates a conflict between different races and ethnic groups. Class rank also conflicts when it comes to racial profiling. Upper class ideally has more power than middle and lower class. Thus, resulting in a group conflict. Lower and middle class want equal protection and power.Whites are usually in the higher rank, and blacks a re in lower ranks. Stereotypes also fall into the category of racial profiling. When we see someone who is black we automatically assume they are African. When we see someone who is Hispanic we automatically assume their Spanish. When we see an Asian person we automatically assume their Chinese, and when we see a white person we assume their American. Itââ¬â¢s the little things like this that are considered racial profiling. Most of us donââ¬â¢t think that itââ¬â¢s bad but someone could take it offensively. Another way we use racial profiling is when we meet people.When you see a nice dressed white male you assume heââ¬â¢s wealthy and intelligent. When you meet a black male, who is not dressed as nicely, you assume heââ¬â¢s a thug, or has dropped out of school. The saying ââ¬Å"Donââ¬â¢t judge a book by its coverâ⬠not only works for books but for people as well. The labor laws state that no one should be turned down for a job due to disabilities or their age . Shouldnââ¬â¢t this be the same with race, ethnic, and skin color? In conclusion racial profiling still exists in the United States because we allow it too. It must be stopped, before crimes go up.We should not make decisions off skin color or ethnic backgrounds. Weââ¬â¢ve come a long way and everyone should be seen as equals. Even though racial profiling exists in crimes and police stops, we should make an effort to change this. There are other ways to go about making an arrest or sentencing someone to jail. Skin color, ethnic background, and religion should not be factors when deciding to arrest or pull someone over. I believe that if we make an effort to let everyone know that racial profiling is still happening today we can make a difference to prevent it.References Robin Shepard Engel, Jennifer M Calnon, Thomas J Bernard. Justice Quarterly: JQ. Highland Heights: Jun 2002. Vol. 19, Iss. 2; pg. 249, 25 pgs Katy Hurst (2008). http://www. mightystudents. com/essay/conflict. theory. explain. 70034 Heather Mac Donald (Spring 2001). The Myth of Racial Profiling: http://www. city-journal. org/html/11_2_the_myth. html John Reitzel, Alex R. Piquero. Does It Exist? Studying Citizensââ¬â¢ Attitudes of Racial Profiling: http://pqx. sagepub. com/content/9/2/161. abstract
Wednesday, January 8, 2020
Who is to blame for obesity Free Essay Example, 1250 words
The other blame for obesity is fast foods restaurants in America that are so many. Fast food restaurants can be blamed like the McDonalds, Bugger King Whopper and Wendy Bacon Deluxe Double [Brody 32]. The foods sold in such restaurants are highly processed which are full of calories, sodium and fat. People can easily in a day take up 1,500 calories in one meal. Therefore eating at fast foods restaurants on a daily basis can lead to excessive calories that lead to weight gain and increase health issues. The fast foods restaurants are located almost everywhere where there is a variety of them form greasy burgers, crunchy tacos, sugary drinks, and fatty chips. These accessible foods appeal to so many Americans and find value in such cheap foods where they find it easier to buy than cook meals that are more expensive [ChrisPomo 44]. According to the three articles, they highlight the issue of obesity been caused by lack of nutrients in fast food restaurants and the environment people live-in which predisposes them to obesity. The issue of obesity has been brought about by eating unhealthy foods that should be addressed by advocating for better policies especially in schools. We will write a custom essay sample on Who is to blame for obesity or any topic specifically for you Only $17.96 $11.86/pageorder now According to the articles, there is a need for finding solutions for the issue of obesity. The articles highlight the issue of solving the problem of obesity, and I concur that the issue of obesity should be solved by introducing healthy diets in schools that will create a better culture among young children. Fast food companies should also be at the forefront of ensuring that the foods they sell should ensure they have the nutrients required for a healthy living. The blame game should not be directed to one particular entity that food fast restaurants but should also be directed to consumers, parents, and school institutions. Consumers should be made aware of the dangers of living unhealthy by eating fast food frequently that are rich in fasts and sugar. The problem of obesity should be solved only by advocating for healthier lifestyles. The best promising solution for a solution for the health crises for obesity is ensuring that Americans schools and homestead have the required healthy foods in schools that promote a culture of eating health foods. This can be combined with healthy management of the solutions for exercises that can be introduced in schools that can help children with obesity to reduce weight before spirals to unhealthy disease [Stanish and Janelle 22]. Such solutions for eating healthy should be made into policies where schools should make it a requirement to have healthy food like fruits and vegetable sin their diets, P.E lessons should also be introduced where every student should participate.
Tuesday, December 31, 2019
The Tuskegee and Guatemala Syphilis Studies Were Racist
Some of the most unsettling examples of institutionalà racism have involved medicine, such as when the U.S. government conducted syphilis research on marginalized groups (poor black men in the American south and vulnerable Guatemalan citizens) with disastrous results. Such experiments challenge the idea that racism simply involves isolated acts of prejudice. In fact, the racism that results in long-lasting oppression of people from minority backgrounds is typically perpetuated by institutions. The Tuskegee Syphilis Study In 1932, the United States Public Health Service partnered with educational establishment the Tuskegee Institute to study black men with syphilis in Macon County, Georgia. Most of the men were poor sharecroppers. By the time the study ended 40 years later, a total of 600 black men had enrolled in the experiment. It was called the Tuskegee Study of Untreated Syphilis in the Negro Male. Medical researchers swayed the men to participate in the study by enticing them with medical exams, rides to and from the clinics, meals on examination days, free treatment for minor ailments, and guarantees that provisions would be made after their deaths in terms of burial stipends paid to their survivors. There was just one problem: Even when penicillin became the main treatment for syphilis in 1947, researchers neglected to use the medication on the men in the Tuskegee study. In the end, dozens of study participants died and infected their spouses, sexual partners, and children with syphilis as well. The Assistant Secretary for Health and Scientific Affairs created a panel to review the study and in 1972, determined that it was ethically unjustified. The panel determined that researchers failed to provide participants with informed consent, namely that test subjects were to remain untreated for syphilis. In 1973, a class action suit was filed on behalf of the enrollees in the study that resulted in them winning a $9 million settlement. Moreover, the U.S. government agreed to give free medical services to the survivors of the study and their families. Guatemala Syphilis Experiment Until 2010, it remained widely unknown that the U.S. Public Health Service and the Pan American Sanitary Bureau partnered with the Guatemalan government to conduct medical research between 1946 and 1948. During this time, 1,300 Guatemalan prisoners, sex workers, soldiers, and mental health patients were intentionally infected with sexually transmitted diseases such as syphilis, gonorrhea, and chancroid. Whatââ¬â¢s more, just 700 of the Guatemalans exposed to STDs received treatment. A total of 83 individuals ultimately died from complications that may have been a direct result of the questionable research paid for by the U.S. government to test the effectiveness of penicillin as an STD treatment. Susan Reverby, a womenââ¬â¢s studies professor at Wellesley College, uncovered the U.S. governmentââ¬â¢s unethical medical research in Guatemala while researching the Tuskegee Syphilis Study of the 1960s, in which researchers willfully failed to treat black men with the illness. It turns out that Dr. John Cutler played a key role in both the Guatemalan experiment and the Tuskegee experiment. The medical research conducted on members of the Guatemalan population stands out as especially egregious, given that the year before experiments there began, Cutler and other officials also conducted STD research on prisoners in Indiana. In that case, however, researchers informed the inmates what the study entailed. In the Guatemalan experiment, none of the test subjects gave their consent, a violation of their rights. In 2012, a U.S. court threw out a lawsuit Guatemalan citizens filed against the U.S. government over the unethical medical research. Wrapping Up Because of the history of medical racism, peopleà of color continue to distrust health care providers. This can result in non-white people delaying medical treatment or avoiding it altogether, creating an entirely new set of challenges for a group plagued with a legacy of racism. Sources About the USPHS Syphilis Study. Tuskegee University, 2019, Tuskegee, AL. Monastersky, Richard. Court dismisses suit over unethical US experiments. Springer Nature Limited, June 15, 2012.
Monday, December 23, 2019
Introduction. According To Brian Maskell, ââ¬ËLean Accounting
Introduction: According to Brian Maskell, ââ¬ËLean Accounting is general term used for the changes required to companyââ¬â¢s accounting, control measurement, and management processes to support lean manufacturing and lean thinking.ââ¬â¢ Lean accounting is used as business strategy for Lean Enterprise. In future, the traditional accounting methods used by most of the companies will not be compatible with the Lean changes that companies making today. Lean Manufacturing focuses on eliminating non-value added processes and waste and try to produce only to satisfy customer demand. There are two main thrusts for Lean Accounting. The first is the application of lean methods to the company s accounting, control, and measurement processes. This is noâ⬠¦show more contentâ⬠¦2. Timely, Plain English Financial Reports. Instead of the traditional, complicated financial reports with meaningless variances, in organization where Lean Accounting is used, they create ââ¬Å"plain Englishâ⬠income statements that everyone in the company can readily understand and use. If you have timely and understandable financial information, the value stream leaders can quickly see whatââ¬â¢s happening in their business, make better decisions leading to growth, productivity, and profits. This operational and financial information is also shows the TRUE, bottom line savings and profitability coming from lean improvement. 3. Customer Value. The value stream team members have a clear focus on the value created for the customers. When organization know what the customers truly value, and when they have full control over the processes that create this value ââ¬â then they can work step-by-step to increase the value while at the same time reducing the costs. Increasing value for the customers leads to customer loyalty, unprecedented growth, and profits. 4. Decision-Making and the Box Score Lean Accounting uses a ââ¬Å"box scoreâ⬠which is a single page report showing the three aspects of a value stream that determine the operational and financial results. These are the operational performance measurements, the capacity usage, and a summary of the income statement. The Box Score is widely used in Lean Accounting. It shows the performance of the value streams; operationalShow MoreRelatedChapter 14 Operational Performance Measurement: Sales and Direct-Cost Variances, and the Role of Nonfinancial Performance Measures26317 Words à |à 106 Pagesand Clean Company Readings 14-1: ââ¬Å"Standard Costing Is Alive and Well at Parker Brassâ⬠by D. Johnsen and P. Sopariwala, Management Accounting Quarterly (Winter 2000), pp. 12-20. The Brass Products Division of the Parker Hannifin Corporation is a world-class manufacturer of tube and brass fittings, valves, hose, and hose fittings. Despite the introduction of popular new costing systems, the Brass Product Division operates a well-functioning standard costing system. Discussion Questions:
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