VTB Digital Transformation Student’s Name Institution Affiliation Date                       Author’s Note Background Organizational Context Plush bears are a symbol of gentleness and tenderness and sometimes sign of comfort to people, especially the children. They are given by people to their loved ones as a symbol of care and love and to the children to content and teach them. The manufacturing of teddy bears is the legislated business line of Vermont Teddy bear company but later introduced other product brands. The Vermont Teddy Bear Company (VTB) was founded in 1991 by John Sortino, who started only by selling teddy bears from a pushcart in a Burlington, Vermont open-air market. Later, Sortino introduced a ‘Bear-Gram’ service promoted via radio advertisement in the New York City area. The service greatly increased the revenues for the company over the years but later became a threat to the same company survival as it was less cost-effective during off peek session of teddy bears. The company relies on the sale of its three…

Sustainable development and livable communities have been presented as the two planning visions in Godschalk and Campbell. The land use planning has an opportunity and threat in the two visions. With the attainment of the two visions, there are some serious conflicts that will be experienced in the values linked to the two visions. Sustainable development entails economic development that is carried out without the depletion of natural resources. Every urban planning aim is to ensure that they use sustainable development in their urban planning. With its implementation, a lot of benefits can be attained. There will be a reduction in the sprawling up of slums or destruction of the terrains during construction works. Sustainable development can be understood in very many ways. The vision of sustainable development aims at balancing the needs against an awareness of the social, environmental and economic limitation that the society is facing. Sustainable development focuses on one special need without looking into other needs. Sustainable development can, therefore, cause future negative impacts. It can bring about a huge financial crisis due to the changes…

  Case Study #4 Interactionist Perspective   Ericka Parker Bowie State University PSYC307-001-Fall2020 Psychology of Personality Dr. Blackman November 13, 2020                 Application Questions Using Sullivan’s interpersonal personality theory, analyze Stacy’s behavior by answering the following questions. How could Stacy’s interactions be characterized? Stacy’s interactions depict an introvert. All her life, she has had trouble initiating friendships with other people. She does not invite others to events and rarely goes out with friends. She also has an inferiority complex and often feels the urge to agree with others to avoid rejection or pissing anyone off. She lacks assertiveness and readily agrees to other people’s interests irrespective of her own. Her willingness to easily give in to the sex demands dating her regardless of her convictions provides a great example of her agreeability and lack of self-esteem. Another example is her willingness to agree to any of her customers’ demands even when they do not make sense. How could these interactions be considered personality according to Sullivan’s theory? Stacy’s interactions constitute a personality as…

The transport industry has been in constant change due to technological advancements. New means of transport that are more efficient, fast and environmental friendly have been introduced. Cars have evolved from jus locomotive machines to better autonomous machines that are self-driven. There are a lot of benefits that accrue from the new versions of vehicles. They overlook the numerous challenges that were faced with the older versions of vehicles. Some of the challenges were low speeds, pollution of the environment, and high fuel consumption among many others. There has also been a revolution in other transport modes. This paper will look into alternative vehicles: Autonomous vehicles. From the article, a lot of development has been experienced in the automated driving system. Based on the current momentum and progress, the automated driving system is still expected to be on the rise. There are still opportunities for a wide range of automated driving system products that will be commercially available in the future. With technological advancements, autonomous vehicles will be more rampant and will make the transportation process easier. People will have…

The critical success risk factor The critical success risk factor is usually used to measure the ability to handle risk in any organization. The CSF highlights essential factors an organization should mandatorily possess to mitigate various risks. In this case, study, The Critical Success Risk Factors play a significant role. To begin with, the British Petroleum facility in Texas experienced an explosion in 2005. This should have led to an alteration in how they operated (Shekari et al. 2019). The initial step in the CSF is for an organization to provide support to their pool of employees. In the British Petroleum case in 2005, the explosion did not provide a suitable environment for their employees. The organization paid more focus on making profits at the expense of employee safety. Their stock price decreased by 7 dollars after the explosion. Top management struggled, putting a Band-Aid to the problem rather than finding a suitable solution to it. Employees were not well equipped on how to properly handle and respond to explosions. Likewise, after the incident, the organization did not train the…

Forecasting of Products and Services   The emergence of new products can be difficult because there is no past data to determine variation and examine potential risks. Thus, there are various steps that product and service forecasters can undertake to forecast new products and services efficiently. The first step is to make a collaborative effort from sales and marketing experts. These collaborators, together with relevant departments, can develop and manage a forecasting process. The next step is to identify all the team’s assumptions and collectively review them to develop qualitative and quantitative data. This data comes from market testing and research, and surveys. These assumptions include the number of consumers in the market, the proportion expected to buy the product, and repeat purchasing patterns. The forecast team also builds models to reflect how various market segments purchase products and at what prices. The team is also required to use flexible time periods, which entail daily forecasts for the first quarter against which they will track the product’s actual sales. The team is also supposed to generate a range of forecasts…

Resource optimization and schedule compression techniques   In project management, resource optimization techniques are tools used to make adjustments to the implementation of project activities, completion dates, and allocation of resources. They include resource smoothing and leveling techniques. Whereas schedule compression techniques allow scheduling time so that the project activities can be done within a schedule (Monnappa, 2020). They are useful when the manager wants to reduce the project duration. This paper describes resource optimization and scheduling compression techniques used in project management. Resource smoothing is a resource optimization technique that adjusts schedules of activities to ensure that all project requirements don’t stretch beyond the limits indicated in the project plans (Vignesh, 2018). The significant benefit that managers derive from this technique is that it helps them work within the allocated time while avoiding resource demands. It also guarantees a more efficient and cost-effective use of resources. The technique works best where time constraints take apriority, and the work is needed to be completed within a required date, like in construction projects. Vignesh (2018) concludes that a smoothed resource profile…

What Should I Do if My Child is Addicted to Mobile Phones Way back when my daughter was little more than a year old, she could access any smartphone single-handedly. Now my kid seems to be addicted to playing games, chat, post pics, text, surf the web…the list is endless. It drives me crazy that I know how addictive they are. If you are worried that your child is “addicted” to their mobile phones, you are not alone. I, too, am hooked to my phone. However, addiction to tech gadgets is more serious for children. It can lead to insomnia, negative peer pressure, stress, failing grades, lack of human interaction, and much more. So how do you find balance? How can you get your kids to use their phones appropriately but also prevent addiction? Part 1: How to Help Your Child Deal with Mobile Phone Addiction As a parent myself, I know for a fact how much easier it’s to let my children play on the phone. Smartphones earn us as parents a short time for peace and quiet. Plus,…

current trend in the economy The content of the reading materials given for the assignment gave a grim depiction of a current trend in the economy that has come at the average person’s expense. The articles highlighted how the super-elite brand of individuals looks for their interests. These interests come at the cost of the workers and the governmental structures. The first consideration that was pertinent to the conversation is shown concerning companies’ move to move their manufacturing faculties overseas. While unemployment rates continue to soar due to change in the socio-economic structure from the Industrial era to the post-industrial period, there is cause for concern. A new trend has emerged where companies move base operations to overseas countries (University of Minnesota Libraries Publishing, 2010). First, it cost-effective for a company to move its manufacturing facilities to countries like India and China, where labor laws are somewhat suspect. Hence, exploitation becomes a factor to consider as these companies continue to rake in profits from scrupulous business models. Secondly, the move to transfer companies results in a gaping hole that is left…

  Cargo Business How did cultural differences affect the development of the cargo business? Business efficiency was impacted due to employees possessing different attitudes toward work. Completing work tasks was disjointed between the Russian employees and the Finnish Employees, which means some work was left undone. Russian were encouraged by their culturally-established values to do extra tasks and take their jobs as top priority while Finnish had no such cultural attitudes. The varying working attitudes and values interrupted coordination between the two groups and intensified disputes, and dragged organization development (Suder, 2011). Another way the differences impact growth of the cargo business is through causing customer dissatisfaction. Russian customers worked on a different schedule that Finnish employees could not keep up with and deliver to customers on need (Suder, 2011). When the customer is not satisfied, it affects the sales of the business. What skills are required to overcome difficulties associated with cultural differences? The most effective skills in handling cultural differences are enacting communication. Through communication, people can clear up prejudices that the other party has about their cultures…