Devry SBE 310 Final Exam Latest

Devry SBE 310 Final Exam Latest

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Devry SBE 310 Final Exam Latest

Question 1.1. (TCO 1) Approximately what percentage of businesses have a payroll with fewer than 500 people?

(Points : 5)

10%

25%

75%

99%

Question 2.2. (TCO 1) The impact downsizing has on small business is which of the following?

(Points : 5)

No labor force to work in small businesses

Opportunity to perform the work large businesses no longer perform

An availability of workers with no skills

Lack of financial backing for small businesses

Question 3.3. (TCO 1) The most common cause of business failure is _____.

(Points : 5)

choosing the wrong type of business ownership

starting a business that is too large

lack of marketing expertise by the small business owner

inadequate management and financing

Question 4.4. (TCO 1) Entrepreneurship primarily involves which phase of business?

(Points : 5)

The startup process

Hiring of key employees

Maintaining a positive cash flow

Building and maintaining a sufficient customer base

Question 5.5. (TCO 1) The single biggest disadvantage of sole proprietorships is which of the following?

(Points : 5)

Limited resources

Limited skills

Unlimited liability

Double taxation

Question 6.6. (TCO 4) The best time for a small business to get a lawyer is _____.

(Points : 5)

when the business is in trouble

during court hearings

when writing the business plan

while the business is still an idea

Question 7.7. (TCO 4) Which one below is NOT a pricing strategy discussed in our course? (Points : 5)

Price skimming

Promotional pricing

Penetration price

Prestige pricing

Question 8.8. (TCO 4) Peter Drucker stated that businesses have _____ basic functions.

(Points : 5)

two

three

four

five

Question 9.9. (TCO 4) Product refers to which of the following?

(Points : 5)

Tangible goods only

Tangible services only

Tangible goods, intangible services, or a combination of both

Intangible services only

Question 10.10. (TCO 4) A small business owner should begin the site selection process by asking which of the following questions?

(Points : 5)

What region would be best?

What state within the region would be best?

What city within that region would be best?

What specific site within that city will work for the business?

Question 11.11. (TCO 4) A long-term agreement to rent a building, equipment, or other assets is known as a _____. (Points : 5)

lease

rental contract

legally liable contract

business contract

Question 12.12. (TCO 4) Consumers typically do not want the cheapest product available; they want the _____. (Points : 5)

best product for the highest price

most reasonable product at the highest price

most reasonable product at the lowest price

best product for the most reasonable price

Question 13.13. (TCO 4) The point at which total cost equals total revenue and the business is neither making or losing money is known as the _______.

(Points : 5)

Profit area

Loss area

Breakeven point

Profit point

Question 14.14. (TCO 2) Through the franchise agreement, the _____ gains the benefit of the parent company’s expertise, experience, management systems, marketing, and financial help.

(Points : 5)

franchisor

franchisee

leaser

lessee

Question 15.15. (TCO 2) Adequate cash flow can be especially critical if the business is a _____.

(Points : 5)

manufacturing business

service business

seasonal or cyclical business

healthcare business

Question 16.16. (TCO 2) Which of the following is not included in the marketing plan section of the business plan?

(Points : 5)

How sales forecasts will be reached

Marketing objectives

Identification of potential markets

Cash flow statements

Question 17.17. (TCO 3) When analyzing financial statements, remember that profits can be increased and expenses can be decreased to make the records look better _____.

(Points : 5)

in the short run

in the long run

for tax purposes

for bank audits

Question 18.18. (TCO 3) No matter what type of business a person is starting, one of the most important resources is _____.(Points : 5)

inventory

low rental rates

high wages

time

Question 19.19. (TCO 3) Most Inc. 500 companies receive more than half of their revenue from _____.

(Points : 5)

their local areas

their regional areas

outside their home regions and internationally

within 100 miles of their businesses

Question 20.20. (TCO 3) The stages that products in the marketplace go through are known as what?

(Points : 5)

The product life cycle

The product growth stages

The product timeline

The product opportunity stages

Question 21.21. (TCO 5) Organizing involves all but which of the following?

(Points : 5)

Assembling financial resources

Assembling human resources

Assembling materials

Assembling invoices

Question 22.22. (TCO 5) Job analysis will _____. (Points : 5)

identify the tasks needed to implement your business plan

identify the human capital needed to implement your business plan

identify the skills needed to implement your business plan

None of the above

Question 23.23. (TCO 5) Which percentage of major U.S. employers offer some form of child care assistance?

(Points : 5)

40%

55%

68%

80%

Question 24.24. (TCO 6) Inputs, transformation processes, outputs, control systems, and feedback are the five basic elements of what?

(Points : 5)

Human resource management

Transformation management

Operations management

Time management

Question 25.25. (TCO 6) Information that shows the steps required to produce a product is called which of the following?

(Points : 5)

Routing

Sequencing

Dispatching

Controlling

Question 26.26. (TCO 7) An account number of 13 would represent which of the following accounts?

(Points : 5)

Accounts payable

Accrued taxes

Insurance expense

Accounts receivable

Question 27.27. (TCO 7) Assets that will be converted into cash within 1 year are called _____.

(Points : 5)

short-term assets

long-term assets

capital assets

financial assets

Question 28.28. (TCO 8) In our lecture, we discussed the difference in the missions of today’s companies. The mission of a company in the 21st century is to maximize shareholder _____. (Points : 5)

wealth

value

investment

None of the above

Question 29.29. (TCO 9) The obligation of business to maximize the positive impact it has on society while minimizing the negative impact is called what?

(Points : 5)

Moral obligation

Business responsibility

Business ethics

Social responsibility

Question 30.30. (TCO 9) A long-term planning tool used for viewing a business and the environments in which it operates in the broadest terms is _____.

(Points : 5)

strategic planning

intermediate planning

short-term planning

strategic alternatives

Page 2

Question 1. 1. (TCO 1) Compare and contrast a sole proprietorship, a partnership, and a corporation. Provide examples of where you would use each structure. (Points : 14)

Question 2. 2. (TCO 3) Analyze three areas that should be researched when deciding whether or not to purchase an existing business. Using examples, evaluate these three areas and their importance. (Points : 14)

Question 3. 3. (TCO 4) Compare and contrast economic order quantity and just in time as inventory control methods. Evaluate how these control methods can improve the financial position of a small business. (Points : 14)

Question 4. 4. (TCO 6) Compare and contrast Maslow’s hierarchy of needs and Herzberg’s motivation-hygiene theories. Relate the importance of each theory to a small business owner. (Points : 14)

Question 5. 5. (TCO 9) Analyze the four levels depicted in the pyramid of social responsibility. (Points : 14)

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Devry SBE 310 All Week Discussions Latest

Devry SBE 310 All Week Discussions Latest

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Devry SBE 310 All Week Discussions Latest

 

Devry SBE 310 Week 1 Discussion DQ1 & DQ 2 Latest 

DQ 1

Entrepreneurship (graded)

What do entrepreneurs do that distinguishes them from any other person involved in business? Why is it that personality characteristics may be good predictors of who will be a successful entrepreneur?

DQ 2

Entrepreneurial Passion (graded)

Think of an activity that you love to do; it could be a personal interest or a hobby. How could you turn your passion for this activity into a business? What questions would you have to answer before you took this step? What triggering events in your personal life would it take for you to start this business?

Devry SBE 310 Week 2 Discussion DQ1 & DQ 2 Latest 

DQ 1

Social Responsibility and Stonyfield Farm (graded)

After watching the video on Stonyfield Farm answer this question: “The responsible thing to do is to identify and examine every potential for doing good and make some kind of investment there.” How has the company’s CEO set about to improve his company according to these words, and what remains to be done?

DQ 2

Investor Decisions (graded)

You are an investor in small businesses, and you have three business plans on your desk. Choose one of the potential business owners listed. Explain why you think that would be the best bet for an investment.

  1. A recent college grad, full of energy and ideas, but short on expertise.
    2. A middle-management corporate refugee desiring a business of her own after frustration with bureaucratic red tape.
    3. A serial entrepreneur who has previously started seven businesses (three of which were huge successes, whereas four failed, losing entire investments).

Devry SBE 310 Week 3 Discussion DQ1 & DQ 2 Latest

DQ 1

Finagle a Bagel (graded)

After watching the Finagle a Bagel video, answer the questions below.

  1. What financial issues has growth created for Finagle a Bagel?
    2. What does Alan mean when he says that the restaurant business is a great top-line business?
    3. What does that have to do with the bottom line?

DQ 2

The Role of Angel Investors (graded)

After reading the introductory lecture notes regarding angel investors, describe how an angel investor could assist in the financing of an upstart company.

Devry SBE 310 Week 4 Discussion DQ1 & DQ 2 Latest

DQ 1

Franchising (graded)

Explain how a franchise could be considered a partnership. What makes a franchise agreement simpler than a partnership that you would start with another individual?

DQ 2

Sideline Business (graded)

Many entrepreneurs test the waters of a market by starting a sideline business. What are the advantages and disadvantages of selling items on Internet auctions, such as eBay?

Devry SBE 310 Week 5 Discussion DQ1 & DQ 2 Latest

DQ 1

Market Segmentation (graded)

Segmentation is the process of breaking a population down into smaller groups and marketing to it. Is it possible for a small business to oversegment its market? How might that be dangerous?

DQ 2

Single Product Development Risks (graded)

Many small businesses are built around one product. What risks does this approach impose? How can small business owners minimize those risks?

Devry SBE 310 Week 6 Discussion DQ1 & DQ 2 Latest

DQ 1

Location Analysis (graded)

Why should the small business owner consider the demographics of an area when choosing a location for opening a new business? Name some sources of demographic information that are valuable tools to use in this evaluation.

DQ 2

Pricing Strategy (graded)

What strategies should be considered if a small business is setting prices for a product that is to be exported? How are these strategies different from those used in a domestic market?

Devry SBE 310 Week 7 Discussion DQ1 & DQ 2 Latest 

DQ 1

Hiring Friends (graded)

As a young entrepreneur, you may soon be in the position of hiring one or more of your college friends in your own business. What are the advantages of hiring your friends? What are the potential pitfalls?

DQ 2

Operations Management at Various Company (graded)

After watching the video on operation management, answer these questions:

  1. How has Finagle A Bagel used customization in its design decisions as a means of distinguishing its service and products?
    2. What is materials requirement planning, and how can an organization use it to create its product?

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Devry SBE 310 All Week Course Project Latest

Devry SBE 310 All Week Course Project Latest

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Devry SBE 310 All Week Course Project Latest 

 

.equella.ecollege.com/file/38b1de2a-2e43-4039-b60b-3c93e2b03f1a/1/SBE310_CH_CourseProject.html”>Course Project> Part 3: Entrepreneur Research Paper

ENTREPRENEUR RESEARCH PROJECT

INTRODUCTION

This course project includes interviewing an entrepreneur. Parts 1 and 2 require using the same interview. You may also use the same entrepreneur for Part 3 of this assignment.

PART 1: ENTREPRENEUR INTERVIEW PAPER

Locate a local entrepreneur to interview and write a reflection paper on your chosen person. You are required to submit a one-page biography of your entrepreneur in Week 3 that is worth 20 points. It is important: Be sure to start this assignment as soon as possible to insure that you find a suitable entrepreneur.

The purpose of this paper is to interview a local entrepreneur in order to develop insights into the world of entrepreneurship. At the end of the process, you will need to take the information and reflect upon the challenges and the rewards of being an entrepreneur.

  • What type of person becomes this type of risk taker?
  • What challenges did he or she face and overcome?
  • What failures did this person have?
  • How many companies has he or she started?
  • How successful is he or she?
  • Why is this person successful?
  • Why did he or she become an entrepreneur?
  • What is this person’s measure of success?
  • What did you learn about entrepreneurship from this interview?

This paper should focus on these types of questions but should not be limited to just the ones listed above. Get creative and get into the idea that you need to learn from this person so that you can better understand the challenges this business choice offers.

Guidelines

  • The biography paper must be no more than one page; you will turn this into the dropbox at the end of Week 3.
  • You must follow APA formatting guidelines.
  • Although this is not a scientific-type writing assignment and is mostly creative in nature, references are still very important.You must reference your interviewee. Be sure to look up how to cite an interview in APA style.
  • All DeVry University policies are in effect, including the plagiarism policy.
  • Any questions about this paper may be discussed in the weekly Q & A discussion topic.

Milestones

  • During Weeks 1 through 3, select a person and conduct an interview. Decide who you are going to interview for the project, make arrangements for the interview, and conduct the interview.
  • In Week 3, submit an entrepreneur biography. In Week 3, you are required to submit a one-page biography in the dropbox.

Frequently Asked Questions

  1. I do not know anyone who is an entrepreneur or owns a small business. What do I do?

Find someone who owns a business (or who has owned a business in the past) in any industry, anywhere. You may have to get on the phone and make some calls. Tell him or her you are a college student and need approximately 30 minutes of his or her time. People are almost always happy to help a student. Have a backup in case your first choice for an interview has a conflict at the last minute. Conflicts and conciliation can happen, so it is best to be prepared.

  1. Do I have to do an interview?

Yes, a personal or phone interview with another person is required. Full contact information for the source should be provided in your paper for verification purposes.

  1. I do this work for my company, can I just talk about my experience?

No, see question 2 above.

  1. How do I cite a personal interview as a source reference?

See the APA Tutorial in the course Syllabus.

Grading Rubric:

Category Points % Description
Background Information 10 50% Ensure that you have a complete background of your entrepreneur. Key elements include company name, start date of company, key historic moments in company, and basic information on entrepreneur.
Grammar and Spelling 5 25% Insure your paper is well written. Grammar, spelling, and punctuation should be correct.
Organization and Cohesiveness 5 25% The paper is organized, and it tells the story of the entrepreneur. Writing is at the college level.
Total 20 100 A quality paper will meet or exceed all of the above requirements.

PART 2: ENTREPRENEUR REFLECTION PAPER

Expand upon the entrepreneur interview, and write a reflection paper on your chosen person. The entrepreneur reflection paper is worth 150 points and is due in Week 5. The purpose of this paper is to take the information from the interview and reflect upon the challenges and rewards of being an entrepreneur.

Guidelines

  • The paper must be 4 – 5 pages in length.
  • You must follow APA formatting.
  • Include a table of contents.
  • Even though this is not a scientific-type writing assignment and is mostly creative in nature, references are still very important. You must reference your interviewee. Be sure to look up how to cite an interview in APA style.
  • All DeVry University policies are in effect including the plagiarism policy.
  • Papers are due during Week 5 of this course and should be submitted to the dropbox.
  • Any questions about this paper may be discussed in the weekly Q & A discussion topic.
  • This paper is worth 150 total points and will be graded on quality of research topic, quality of paper information, use of citations, grammar, and sentence structure.

Milestones

  • During Week 5, write and submit your entrepreneur reflection paper. In Week 5, you will finish writing your paper (see next section). For APA format guidelines, please refer to the APA Tutorial in the Syllabus. Insure that the body of your paper, excluding cover page and sources, exceeds the minimum and that all of the assignment requirements have been met.

Best Practices

  • Cover Page:Include who you prepared the paper for, who prepared it, and the date.
  • Table of Contents:List the main ideas and section of your paper and the pages where they are located. The illustrations should be included separately.
  • Introduction:Use a header on your paper. It will indicate that you are introducing your paper.

The purpose of an introduction or opening is to

  • introduce the subject and why the subject is important;
  • preview the main ideas and the order in which they will be covered; and
  • establish the tone of the document.

Include in the introduction a reason for the audience to read the paper. Also, include an overview of what you are going to cover in your paper and the importance of the material. (This should include or introduce the questions you are asked to answer on each assignment.)

  • Body of Your Report:Use a header titled with the name of your project (e.g., “The Development of Hotel X – A World Class Resort”). Then proceed to break out the main ideas: state the main ideas, state major points in each idea, and provide evidence. Break out each main idea you will use in the body of your paper. Show some type of division such as separate sections that are labeled, separate group of paragraphs, or headers. You would include the information you found during your research and investigation.
  • Summary and Conclusion:Summarizing is similar to paraphrasing, but summarizing presents the gist of the material in fewer words than the original. An effective summary identifies the main ideas and major support points from the body of your report; minor details are left out. Summarize the benefits of the ideas and how they affect the tourism industry.
  • Work Cited: Use the citation format as specified in the Syllabus.

Grading Rubric:

Category Points % Description
Insight 50 28.5% What insights have you gained from your interview? What did you learn from your entrepreneur?
Analysis 50 28.5% How did you interpret the message from the entrepreneur with what you have learned so far in class? (How would you apply theories reviewed in class?) How was the information analyzed? What was the message of your interview?
Overall Organization 50 28.5 Was the paper organized, and did it tell the story of the entrepreneur and your findings? The overall paper should be cohesive and tell a story. How complete was the paper?
Total 150 100 A quality paper will meet or exceed all of the above requirements.

PART 3: ENTREPRENEUR RESEARCH PAPER

You will write an extensive research paper on an entrepreneurship failure. As you may be aware, 80% of all small businesses fail within the first five years (50% in the first year). Your research paper must answer the following question: Why does this failure happen, and how can it be avoided? You will need to research a small business or use your entrepreneur that you interviewed to learn about failure. The paper will have three sections.

  • Failure Introduction: Your first 2 pages should be a background of the failed business. What was the business? Who were their competitors? What was their mission or business vision? When did the business start and then fail?
  • Reason for Failure: This section (2 pages) requires your insights and will be a large part of your grade. You must describe why the business failed. There are many reasons small companies fail, and you should do some basic research (hint – some scholarly research is required here) to determine the common causes and then compare this research to your company.
  • Your Analysis: The last section (2 pages) should be what could have been done, in your opinion and based on the knowledge you received in class (another hint – more scholarly research could be used here), to avert the failure. Could the entrepreneur have planned better? Was the idea sound but the implementation poor? Simply put, as the observer after the fact, how could this business have survived?

It is important: Do not write 5 pages on the company and save the last page for the reason and analysis. Please use the guidelines above to ensure that you maximize your effort on this project.

Remember, the point of this research project is for you toevaluatea failure, determine the causes of the failure, and introduce a way the failure could have been averted. This project will give you some insight for your own potential business idea and help you avoid some of the mistakes others have made. As stated above, failure is common in small business; conduct some solid research on this project to identify the risks, so you can create mitigation techniques to increase your chances of success when you venture out with your plan!

Guidelines

  • Papers must be 6 – 8 pages in length. (There would be roughly one page per area included in the report.)
  • You must follow APA formatting guidelines. Appropriate citations are required.
  • Include a table of contents.
  • Even though this is not a scientific-type writing assignment and is mostly creative in nature, references are still very important. You must have at least 4 scholarly references. (For more information, please view research information below.)
  • All DeVry University policies are in effect including the plagiarism policy.
  • Papers are due Week 7.
  • Any questions about this paper may be discussed in the weekly Q & A discussion topic.
  • This paper is worth 200 total points and will be graded on quality of research topic, quality of paper information, use of citations, grammar, and sentence structure.

Research Information

Note that you will conduct online research using scholarly resources, which can be found in the DeVry Online Library (available under Course Home) and online research sources such as Google. Locate at least 4 scholarly articles that discuss the failures in small business for inclusion as sources in your paper. What are current trends in this business (or in the overall industry of which this business is a member) that might impact customer service, customer satisfaction, or customer loyalty positively or negatively?

Milestones

  • In Weeks 1 through 3 you determined the failure you will research and decided what business failure you planned to research.
  • In Weeks 3 through 5, you researched and analyzed failure.
  • During Weeks 6 and 7, write and submit your entrepreneur reflection paper. Finish writing your paper. For APA format guidance, please refer to the APA Tutorial in the syllabus. Ensure that the body of your paper, excluding cover page and sources, exceeds the minimum page requirement, and that all of the assignment requirements have been met. Then, submit your paper.

Best Practices

  • Cover Page:Include who you prepared the paper for, who prepared it, and the date.
  • Table of Contents:List the main ideas and section of your paper and the pages where they are located. The illustrations should be included separately.
  • Introduction:Use a header on your paper. It will indicate that you are introducing your paper.

The purpose of an introduction or opening is to

  • introduce the subject and why the subject is important;
  • preview the main ideas and the order in which they will be covered; and
  • establish the tone of the document.

Include in the introduction a reason for the audience to read the paper. Also, include an overview of what you are going to cover in your paper and the importance of the material. (This should include or introduce the questions you are asked to answer on each assignment.)

  • Body of Your Report:Use a header titled with the name of your project (e.g., “The Development of Hotel X – A World Class Resort”). Then proceed to break out the main ideas: state the main ideas, state major points in each idea, and provide evidence. Break out each main idea you will use in the body of your paper. Show some type of division such as separate sections that are labeled, separate group of paragraphs, or headers. You would include the information you found during your research and investigation.
  • Summary and Conclusion:Summarizing is similar to paraphrasing, but summarizing presents the gist of the material in fewer words than the original. An effective summary identifies the main ideas and major support points from the body of your report; minor details are left out. Summarize the benefits of the ideas and how they affect the tourism industry.
  • Work Cited: Use the citation format as specified in the Syllabus.

Grading Rubric:

Category Points % Description
Introduction 50 25% The introduction (2 pages) describes the business in detail. Start and failure dates, industry background, company idea and target customers all are elements that must be included. Additionally, any information about the founder and overall finance (if available) should be included.
Analysis 50 25% The analysis is the core of the project (2-3 pages). You must determine why the failure occurred. You must have some research about general reasons of entrepreneurial failure as your base understanding and incorporate research in the analysis of the business failure.
Recommendations 50 25% Your recommendations must demonstrate a thorough understanding of your business’s failure and create credible remedies to solve the problem (2-3 pages). For example, if your company lacks capital, simply stating that the company needed more money is not enough. How would you raise that money? Perhaps the business plan was not developed properly, or no plan was created at all, and the idea and sales projections were unrealistic. In other words, your analysis and research must be specific and detailed.
Organization and Cohesiveness 25 12.5% Insure that the paper follows the guidelines listed above and the information is presented in an organized manner.
Grammar and Spelling 25 12.5% Grammar and spelling must be at college level.
Total 200 100 A quality paper will meet or exceed all of the above requirements.

 

Devry SBE 310 Week 6 You Decide Latest

 

You Decide> Grading Rubric

SCENARIO SUMMARY

As outlined in the lecture this week, an incubator is a large firm that nurtures many companies and invests in business ideas.Incubators provide support in many ways and you would like to submit your idea to Rollins Incubator, Inc. in order to benefit from their management and financial support.

YOUR ASSIGNMENT

You are an entrepreneur that wants to be funded by Rollins Incubator, Inc. You have an outstanding idea that needs funding and you feel that bringing your idea to an incubator would increase your chances of success.

You have contacted Janet Rodgers, the Vice President of Business Development of Rollins Incubator, Inc., and she told you that you will have 5 minutes with the Michael Rollins, the CEO of Rollins Incubator, Inc.

KEY PLAYERS

You Decide

ScenarioYour RoleKey PlayersAssignment

Scenario

As outlined in the lecture this week, an incubator is a large firm that nurtures many companies and invests in business ideas.Incubators provide support in many ways and you would like to submit your idea to Rollins Incubator, Inc. in order to benefit from their management and financial support.

Your Role

You are an entrepreneur that wants to be funded by Rollins Incubator, Inc. You have an outstanding idea that needs funding and you feel that bringing your idea to an incubator would increase your chances of success. You have contacted the Janet Rodgers, Vice President of Business Development of Rollins Incubator, Inc., and she told you that you will have 5 minutes with the Michael Rollins, the CEO of Rollins Incubator, Inc.

Key Players

Janet RodgersVP Business Development Rollins Incubator, Inc.Michael RollinsCEO Rollins Incubator, Inc.

Assignment

Given the scenario, your role and the information provided by the key players involved, it is time for you to make a decision. If you are finished reviewing this scenario, close this window and return to this Week’s You Decide tab, in eCollege, to complete the activity for this scenario. You can return and review this scenario again at any time.

ACTIVITY OR ASSIGNMENT

Assignment

Develop a 12-slide PowerPoint presentation to pitch your idea to Mr. Rollins. Your slideshow must be succinct, compelling, and should include the following elements.

  1. Slide 1: State your company name and motto, with a tagline and a date.
  2. Slide 2: Review business proposition, what will your business create?
  3. Slide 4: Share your objective, how much money do you need, and why you are here?
  4. Slide 3: Review technology platforms you intend to use.
  5. Slide 5: Provide current market review; detail the market; how big is the market?
  6. Slide 6: Provide forecast for current market.
  7. Slide 7: Market competition, who do you sell the product to and how big is that market?
  8. Slide 8: Review business model drivers, what makes you unique from the competition?
  9. Slide 9: Review potential risks.
  10. Slide 10: Review the management team with whom you will partner, including yourself.
  11. Slide 11: Financials; basic revenues and costs, and profits in a 3 to 5 year term.
  12. Slide 12: Amount of money needed to fund your idea, with a basic breakdown of where the money will go.

Be sure to use the Notes section of the PowerPoint to highlight your presentation information. Keep these notes succinct as well.

GRADING RUBRIC

Category Points Description
Criteria/Creativity 50 Demonstrate a strong substantiation of your idea. Demonstrate understanding of how the course concepts apply to the idea. Be sure to include the basic concepts and criteria required by the CEO. Your idea must be compelling and creative.
Understanding 25 Develop high-level concepts and outline for your idea. Be sure to include all the elements required when presenting a business plan. The elements and slides that are required have been presented to you in the You Decide audio section, be sure to listen carefully, so you will be able to create your slides effectively. Ensure that you utilize the Notes section to outline any specifics you would talk about in your presentation.
Execution 25 Make sure your slideshow is clear and succinct using strong organization and proper grammar. Use citations correctly.There will be an automatic 10-point deduction for any presentation over 12 slides.
Total 50 A quality slideshow will meet or exceed all of the above requirements.

 

Devry SBE 310 Week 3 You Decide Latest 

You Decide> Grading Rubric

SCENARIO, YOUR ROLE, KEY PLAYERS

You Decide

ScenarioYour RoleKey PlayersAssignment

Scenario

In this scenario, you are the Vice President for Johnson Angel Investments, LLC and assistant to an angel investor, Joe Johnson, CEO Johnson Angel Investments, LLC. Joe Johnson made his fortune in the Internet space. He was an executive for a company that went public and he cashed in his options and is now worth over $100 million.

Your Role

You are the Vice President for Johnson Angel Investments, LLC. You have been hired by Mr. Johnson to help select investments and determine viability of business ideas.

Key Players

Ms. Samantha SmithCFO Johnson Angel Investments, LLC.Mr. Joe JohnsonCEO Johnson Angel Investments, LLC.

Assignment

Given the scenario, your role and the information provided by the key players involved, it is time for you to make a decision. If you are finished reviewing this scenario, close this window and return to this Week’s You Decide tab, in eCollege, to complete the activity for this scenario. You can return and review this scenario again at any time.

ASSIGNMENT OR ASSIGNMENT

Assignment

Create investment criteria for Mr. Johnson that will outline what his company will be willing to evaluate for investing. The criteria will be created by you, which will be posted on the website to be seen by entrepreneurs.

Here are some examples of criteria, but not limited to the following.

  • Development Stage:What stage does your investor prefer (concept, idea, break-even)?
  • Geographic Location:Location the investor prefers.
  • Industry:The industry your investor prefers.
  • Revenue:Outline the level of profit you want the company to show.
  • Return on Investor (ROI) Desired:The amount of ROI you desire.
  • Technology Focus:The focus of the entrepreneurs’ technology (i.e., biomedical, Internet, etc.).
  • Management:Level of experience you desire from the management team.
  • Sustainable Competitive Advantage:A demonstration of the competitive advantage.
  • Exit Strategy:The exit strategy your investor prefers.
  • Size of Market:The size of the marketplace that you prefer.
  • Size of Investment:The range of the investment your investor is willing to disperse.
  • Proof of Concept:A list of sales and a prototype required.

Your proposal should be 2-3 pages in length with a detailed list of your criteria and explanations for the criteria.

GRADING RUBRIC

Category Points Description
Understanding 50 Demonstrate a strong grasp of the problem. Demonstrate understanding of how the course concepts apply to the problem. Be sure to include the basic concepts and criteria required by the owner and CFO. Show creativity with the assignment and outline interesting ways to create the proposal.
Analysis 25 Develop a detailed outline of your criteria. Provide details on angel investor requirements. A simple list of the criteria will not work. A demonstration of research outside of the course work will be evaluated; did you find criteria that is not explained in the details?
Execution 25 Write your answer clearly and succinctly using strong organization and proper grammar, punctuation, and spelling. Follow APA formatting standards.
Total 100 A quality paper will meet or exceed all of the above requirements.

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DEVRY HRM 599 WEEK 5 Discussions Latest

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DEVRY HRM 599 WEEK 5 Discussions Latest

Rules and Regulations (graded)

Discuss some of the legislation that helps to manage retirement plans. What are some examples of laws that have been put into place to protect employees? What are these laws purposed to do?

Retirement Plans (graded)

Why should an organization consider implementing a company-sponsored retirement plan for its employees? What would be some of the available options in choosing the right plan? Do you think employees would favor a specific plan? If so, which plan would they favor?

 

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DEVRY HRM 599 WEEK 3 Discussions Latest

Healthcare Cost Management(graded)

Many Americans benefit from the investments in healthcare; however, the recent cost growth, coupled with the economic downturn and rising national deficit, has placed a great strain on the financial systems used to finance healthcare, including private employer-sponsored health insurance coverage and public insurance programs, such as Medicare and Medicaid. What is the responsibility of individuals for the cost of their care? Are health savings accounts and high-deductible insurance policies an approach that should be expanded? What are the concerns for low-income individuals?

Consumer-Driven Healthcare (graded)

Consumer-driven healthcare has become popular over the past few years as employees seek tax advantages and cost savings on healthcare. What are some of the key features of a consumer-driven healthcare plan? Does your company currently offer any of these plans? If so, are you taking advantage of them? Why or why not?

 

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DEVRY HRM 599 WEEK 2 Discussions Latest

Role of Government (graded)

Other than the mandates of the Internal Revenue Code (IRC) and a few other ineffectual reporting and disclosure requirements, benefit programs were practically unregulated by the federal government before the major shift that came with the enactment of the Employee Retirement Income Security Act (ERISA) of 1974, which was primarily aimed at traditional defined benefit (DB) pension plans but applicable to other employer-sponsored retirement and benefit programs. What is the government’s current role in regulating the administration of employee benefits? Do you think there is too little or too much government intervention? Why?

 

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Benefit Plans (graded)

Employer-sponsored benefits reflect the culture and business of the organization, and plans should be crafted and selected accordingly. Think about your current (or former) organization’s benefit plan. Did it help to improve the quality of your work, as well as your personal life? Why or why not? Was it a generous benefits program or were there specific benefits you felt should have been included?

Benefit Planning Process (graded)

As part of conducting a benefit plan needs assessment, a human resource professional must consider the organization’s business strategy, as well as its compensation philosophy. What do you think is the next step that should be taken? What are some of the possible outcomes of a benefit plan needs assessment?

 

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DEVRY HRM 599 Course Project: Course Project: Benefit Plan Design Analysis

OBJECTIVES

The Course Project is designed to provide you with a real-life practical application of an organization’s human resource benefits program. You will create a written analysis of a real-world organization’s benefit plan design with suggested opportunities for improvement that use the concepts and knowledge introduced in this course.

GUIDELINES

The Course Project must be comprehensive and must adhere to the following analytical stages.

  • There are eight parts in this Course Project. Different parts are due during Weeks 1, 4, and 7.
  • Papers should be formatted according to APA or MLA guidelines (12-point font, double-spaced, including a cover page, table of contents, introduction, body of the report, summary or conclusion, and a works cited page).
  • Even though this is not a scientific-type writing assignment and is mostly creative in nature, references are still very important.At least six authoritative, outside references are required (anonymous authors or web pages are not acceptable). These sources should be referenced according to APA or MLA guidelines.
  • Appropriate citations are required following APA or MLA guidelines.
  • All DeVry University Policies are in effect, including the plagiarism policy.
  • Please post any questions about these papers in the weekly Q & A discussion topic.
  • These papers combined are worth 310 total points and will be graded on quality of research topic, quality of paper information, use of citations, grammar, and sentence structure (see the rubrics below).

MILESTONES/GRADING RUBRICS

Part 1: Select and Profile an Organization for the Benefit Plan (40 Points)

There are a number of ways in which an organization and benefit plan can be selected. You have the option of looking at your current employer’s benefit plan, that of a previous employer, or one from a random organization of your choice whose benefit plan has a perceived need for either a revision of specific benefits, addition of needed benefits, or an overhaul of its benefits program. Provide a clear profile of your chosen organization as well as the organization’s current benefits program. Present key facts that are important in understanding your chosen organization’s benefits program.

Category Points % Description
Profile 16 40% Profiles the chosen organization in detail
Benefits Program 16 40% Provides sufficient details on the organization’s benefits program
Formatting 8 20% Appropriately formats the assignment in APA format or MLA format; sources appropriately cited in APA or MLA format; appropriate external sources utilized; no typing, spelling, or grammatical errors
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 2: Statement of the Issue (40 Points)

This section should present an analysis of the major benefits issue or issues. It should include a statement of the specific benefit plan you are addressing. Some questions to ask when formulating the statement of issue include the following.

  • Have I identified the basic issue or am I dealing with the symptoms?
  • What is the point of the paper?
  • If I have identified more than one issue, are the issues separate or related?

There are several sources from which the issues can be determined. They include business documents, such as employee surveys and competitive analysis reports; assessment questionnaires that can be created to probe for areas of benefit needs and employee desires; observations of how employees use or do not use their current benefits; and interviews with key management and selected employees to determine benefit issues.

Category Points % Description
Basic issue 15 38% Identifies the basic issue rather than the symptoms.
Purpose 15 38% Describes the purpose of the paper and what will be accomplished.
Relationships 10 24% Describes relationships between major and minor issues to be addressed.
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 3: Literature Review (40 Points)

Address what was discovered in the search of relevant literature, related articles, and the employee benefit text, as well as what was discovered in Part 2. This means not only reviewing theories, concepts, and studies discussed in the text or in class, but also reviewing websites and what other writers have to say about benefit plans. Given the limited number of weeks that a term provides and the number of steps involved in the Course Project following the literature review, no more than 2 weeks should be spent reviewing literature.

It is critical that those completing questionnaires, being interviewed, or providing information in any other manner be assured that their responses will be kept in the strictest of confidence and will not be discussed in whole or in part to any member of the organization or outside the boundaries of the classroom. It is recommended that you begin your literature search by accessing Keller’s Online Library. While you may use information obtained from HR-related websites, you must also obtain information from current scholarly journals, business publications, and newspapers. Ten or more outside resources or references are required.

Category Points % Description
Academic Resources and Relationships 20 50% Identifies academic quality resources; identifies why resource is quality and explains the benefit of the resource and how it supports the resolution of the issue; shows relationships between different sources.
Presentation and Review 12 30% Presented in a manner that tells a story and ties individual sources together; explains how the literature review relates to issue identified in the company.
Formatting 8 20% Appropriately formats assignment in APA format or MLA format. Sources appropriately cited in APA or MLA format; appropriate external sources utilized; no typing, spelling, or grammatical errors.
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 4: Issue Analysis (40 Points)

Here we are bringing Parts 2 and 3 together. This section should provide a detailed analysis of the benefits issue that was identified in Part 2. A major objective is to clearly illustrate how the concepts of the course and gained knowledge of benefits are being used, as well as to show what was learned from the literature review. Show that you are applying course material.

Category Points % Description
Analysis 20 50% Describes issue analysis and relates to previous discussions from literature review.
Apply concepts 20 50% Describes how concepts from the course help identify the true issue.
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 5: Issue Solutions (40 Points)

Create a developmental strategy. Offer several solutions or options that are appropriate for the benefits issue or issues. The solutions should follow logically from the analysis. The expected outcomes, positive and negative, should be addressed.

Category Points % Description
Logical Solution 20 50% Develops a logical solution based on the literature review and class information.
Pros and Cons 12 30% Identifies all feasible solutions and provides pros and cons of each.
Formatting 8 20% Appropriately formats assignment in APA format or MLA format; sources appropriately cited in APA or MLA format. Appropriate external sources utilized. No typing, spelling, or grammatical errors.
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 6: Solution and Its Implementation (40 Points)

This segment should outline your recommended solution to the identified issue. The solution will be one or a combination of the solutions provided in Part 5. This part should be specific, stating what benefit plans are recommended, timing for implementation, and in what sequence. It includes not only what should be done, but also how it should be done. A specific solution should indicate what benefit is most appropriate for the issue and how it will be implemented in the organization. Some questions to keep in mind when writing the solution section include the following.

  1. Has an awareness of the problem of implementation been addressed?
  2. Have you been too general?
  3. Do the solution and implementation address the issues identified earlier?
  4. Does your solution take into account the identified pros and cons?
  5. How will you evaluate the effectiveness of the implemented benefit plan?
  6. What process checks or procedures will you put in place to institutionalize the improvement?
  7. Was the realism of your proposed action plan assessed? For example, are there adequate time, money, and other resources for your solution?
Category Points % Description
Addressed Problem and Solution 20 50% The problem was adequately addressed; sufficient detail is provided in the solution.
Plan and Measurement 12 30% Sufficient detail is provided in the solution; it identifies how success will be measured.
Formatting 8 20% Appropriately formats the assignment in APA format or MLA format; sources are appropriately cited in APA or MLA format; appropriate external sources are utilized; no typing, spelling, or grammatical errors,
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 7: Justification (40 Points)

This section of your analysis should, using course knowledge and concepts, tell why your solution and implementation would work. A major objective is to clearly show how you are applying course concepts and content to arrive at a workable solution and implementation for the issue identified. Some questions to ask when writing your justification segment include the following:

  1. Have you applied the appropriate course material?
  2. Do you support your conclusions and recommendations with appropriately referenced facts, quotes, readings, and class activities?
  3. Does your justification recognize the pros and cons identified earlier?
Category Points % Description
Pros and Cons 8 50% Recognizes pros and cons from solutions.
Conclusions 16 30% Conclusions are adequately supported.
Course Materials 8 20% Course material is applied appropriately.
Formatting 8 20% Appropriately formats assignment in APA format or MLA format; sources are appropriately cited in APA or MLA format; appropriate external sources are utilized; no typing, spelling, or grammatical errors.
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 8: Reflection (30 Points)

Think about this assignment and write a well-thought-out reflection statement about how this assignment influenced your thinking about benefits.

Category Points % Description
Reflection Statement 24 80% Reflection statement is substantive and detailed: your thoughts on the project overall, actions taken, choices made over the course of the project, what learning and growth have occurred, your thoughts on the role of a project like this in developing professional understanding and competency.
Formatting 6 20% Appropriately formats assignment in APA or MLA format. Sources are appropriately cited in APA or MLA format. Appropriate external sources are utilized. No typing, spelling, or grammatical errors.
Total 30 100% A quality paper will meet or exceed all of the above requirements.

BEST PRACTICES

.equella.ecollege.com/file/3bdb9871-52ef-45a7-b46a-26cd618daba3/1/HRM599_CH_CourseProject.html#top”> Back to Top

The purpose of an introduction or opening:

  1. Introduce the subject and why the subject is important.
  2. Preview the main ideas and the order in which they will be covered.
  3. Establish the document’s tone.

Include in the introduction a reason for the audience to read the paper. Also include an overview of what you are going to cover in your paper and the importance of the material. (This should include or introduce the questions you need to answer on each assignment.)

  • Body of Your Report—Use a header titled with the name of your project. Example: The Development of Hotel X—A World Class Resort. Then proceed to break out the main ideas. State the main ideas, state major points in each idea, and provide evidence.Break out each main idea you will use in the body of your paper. Show some type of division such as separate sections that are labeled, separate group of paragraphs, or headers. You would include the information you found during your research and investigation.
  • Summary and Conclusion—Summarizing is similar to paraphrasing but presents the gist of the material in fewer words than the original. An effective summary identifies the main ideas and major support points from the body of your report. Minor details are left out. Summarize the benefits of the ideas and how they affect the subject.
  • Works Cited—Use the citation format as specified in the Syllabus.

Additional hints on preparing the best possible project are as follows.

  1. Apply a three-step process of writing: Plan, write, and complete.
  2. Prepare an outline of your research paper before you go forward.
  3. Complete a first draft and then go back to edit, evaluate, and make any changes required.
  4. Use visual communication to further clarify and support the written part of your report. You could use example graphs, diagrams, photographs, flowcharts, maps, drawings, animation, video clips, pictograms, tables, and Gantt charts.

The following are best practices that should be used in preparing this paper:

  • Cover Page:Include your name, who you prepared the paper for, the course name, and the date.
  • Table of Contents: List the main ideas and sections of your paper and the pages on which they are located. The illustrations should be included separately.
  • Introduction: Use a header on your paper. This will indicate that you are introducing your paper.
  • Subtitle each section: Use the section titles to indicate in the body of your paper each individual section (i.e., Statement of Issue, Literature Review, Issue Analysis, etc.). Each section should be clearly marked.
  • Body of Your Report: Use a header titled with the name of your project. Example: “The Development of Hotel X— A World Class Resort.” Then proceed to break out the main ideas. State the main ideas, state major points in each idea, provide evidence. Break out each main idea you will use in the body of your paper. Subtitles will help divide each individual section; separate group of paragraphs; or headers. Include the information you found during your research and investigation.
  • Summary and Conclusion: Summarizing is similar to paraphrasing but presents the gist of the material in fewer words than the original. An effective summary identifies the main ideas and major support points from the body of your report. Minor details are left out. Summarize the benefits of the ideas and how they affect the subject.
  • Works Cited: Use the citation format specified in the Syllabus.

Additional hints on preparing the best possible project include the following.

  1. Apply a three-step process of writing: Plan, write, and complete.
  2. Prepare an outline of your research paper before you go forward.
  3. Complete a first draft and then go back to edit, evaluate, and make any changes required.
  4. Consider using visual communication to further clarify and support the written part of your report. You could use example graphs, diagrams, photographs, flowcharts, maps, drawings, animation, video clips, pictograms, tables, and Gantt charts.

 

DEVRY HRM 599 All Homework Latest

DEVRY HRM 599 Homework

Please find an article related to government-mandated benefits (unemployment, social security, medicare, etc.) as discussed this week in class. To help locate your article, you can utilize the DeVry University library through THE|HUB, or you may locate the article through your own source. The article should be from a current professional source that you would read as a manager in the benefits field. It should be a source that you would feel comfortable taking forward to your employer.

Once you have located and read your article, please complete a review of the article. The article review should consist of the following.

  1. 1.It should include a summary of the article (two to three paragraphs maximum).Why was the article written about the topic at the current time? This should be completed in your own words and review key points of the article. You should not repeat the article in your summary.
  2. 2.How does this relate to the learning for the week in class? What laws and concepts are covered that would help you in the area of benefits? How could you further elaborate on the concepts in the article?
  3. 3.Based upon the article, what recommendations would you provide to the business community (an employer) from reading the article?

The article review must be completed in the APA format and utilize proper grammar. Points will be deducted for papers without a reference page (see rubric for assignment criteria). The paper should be a 1,000–1,500 word count, not including title or reference pages. The article will be graded based upon the Benefits Rubric. Submit your assignment to the Dropbox located on the silver tab at the top of this page. For instructions on how to use the Dropbox, read these .next.ecollege.com/default/launch.ed?ssoType=DVUHubSSO2&node=184″>step-by-step instructions or watch this

DEVRY HRM 599 Homework

Please find an article related to healthcare programs. To help locate your article, you can utilize the DeVry University library through THE|HUB, or you may locate the article through your own source. The article should be from a current professional source that you would read as a manager in the benefits field. It should be a source that you would feel comfortable taking forward to your employer.

Once you have located and read your article, please complete a review of the article. The article review should consist of the following.

  • It should contain a summary of the article (two to three paragraphs maximum). Why was the article written about the topic at the current time? This should be completed in your own words and talk about the key points of the article. You should not repeat the article in your summary.
  • How does this relate to the learning for the week in class? What laws and concepts are covered that would help you in the area of benefits? How could you further elaborate on the concepts in the article?
  • Based upon the article, what recommendations would you provide to the business community (an employer) from reading the article?

The article review must be completed in the APA format and utilize proper grammar. Papers without a reference page will receive 0 points. The paper should be three to five pages in total. The article will be graded based upon the Benefits Rubric.

Submit your assignment to the Dropbox located on the silver tab at the top of this page. For instructions on how to use the Dropbox, read these .next.ecollege.com/default/launch.ed?ssoType=DVUHubSSO2&node=184″>step-by-step instructions or watch this

 

DEVRY HRM 599 Homework

Please find an article related to pension programs. To help locate your article, you can utilize the DeVry University Library through THE|HUB, or you may locate the article through your own source. The article should be from a current professional source that you would read as a manager in the benefits field. It should be a source that you would feel comfortable taking forward to your employer.

Once you have located and read your article, please complete a review of the article. The article review should consist of the following items.

  • Write a summary of the article (two to three paragraphs maximum). Why was the article written about the topic at the current time? This should be completed in your own words and should talk about the key points of the article. You should not repeat the article in your summary.
  • How does this relate to the learning for the week in class? What laws and concepts are covered that would help you in the area of benefits? How could you further elaborate on the concepts in the article?
  • Based on the article, what recommendations would you provide to the business community (an employer) from reading the article?

The article review must be completed in APA or MLA format and utilize proper grammar. Points will be deducted for papers without a references page (see the rubric for assignment criteria). The paper should be 1,000–1,500 words, not including title or references pages. The article will be graded based on the .equella.ecollege.com/file/34c259bd-bdce-4db1-a71f-5bfa2a6e8ee4/1/documents–Benefits_Article_Grading_RASDRAFT.xlsx”>Benefits Rubric.

Submit your assignment to the Dropbox located on the silver tab at the top of this page. For instructions on how to use the Dropbox, read these .next.ecollege.com/default/launch.ed?ssoType=DVUHubSSO2&node=184″>step-by-step instructions or watch this

DEVRY HRM 599 All Discussions Latest

WEEK1

Benefit Plans (graded)

Employer-sponsored benefits reflect the culture and business of the organization, and plans should be crafted and selected accordingly. Think about your current (or former) organization’s benefit plan. Did it help to improve the quality of your work, as well as your personal life? Why or why not? Was it a generous benefits program or were there specific benefits you felt should have been included?

 

Benefit Planning Process (graded)

As part of conducting a benefit plan needs assessment, a human resource professional must consider the organization’s business strategy, as well as its compensation philosophy. What do you think is the next step that should be taken? What are some of the possible outcomes of a benefit plan needs assessment?

WEEK 2

Role of Government (graded)

Other than the mandates of the Internal Revenue Code (IRC) and a few other ineffectual reporting and disclosure requirements, benefit programs were practically unregulated by the federal government before the major shift that came with the enactment of the Employee Retirement Income Security Act (ERISA) of 1974, which was primarily aimed at traditional defined benefit (DB) pension plans but applicable to other employer-sponsored retirement and benefit programs. What is the government’s current role in regulating the administration of employee benefits? Do you think there is too little or too much government intervention? Why?

WEEK 3

Healthcare Cost Management(graded)

Many Americans benefit from the investments in healthcare; however, the recent cost growth, coupled with the economic downturn and rising national deficit, has placed a great strain on the financial systems used to finance healthcare, including private employer-sponsored health insurance coverage and public insurance programs, such as Medicare and Medicaid. What is the responsibility of individuals for the cost of their care? Are health savings accounts and high-deductible insurance policies an approach that should be expanded? What are the concerns for low-income individuals?

 

Consumer-Driven Healthcare (graded)

Consumer-driven healthcare has become popular over the past few years as employees seek tax advantages and cost savings on healthcare. What are some of the key features of a consumer-driven healthcare plan? Does your company currently offer any of these plans? If so, are you taking advantage of them? Why or why not?

WEEK 4

Life Insurance Plans (graded)

A major concern for most employees is caring for their families in the event of the employee’s death. Many employers provide life insurance for employees. Does your organization offer a group insurance policy? If so, what is the basic plan design of your organization’s life insurance policy, and for how much are you covered? How do you value this benefit in relation to the entire benefit package and why?

 

This section lists options that can be used to view responses.

Disability Plans (graded)

In addition to replacing household income when an employee either retires or is no longer working, he or she may also carry some type of income-replacement plan in the event they become disabled. Does your current (or former) employer offer disability coverage for employees? What are the specifics of your coverage? Do you feel the need to purchase supplemental disability insurance? Why or why not? How do you value this benefit in relation to the entire benefit package and why?

 

WEEK 5

Rules and Regulations (graded)

Discuss some of the legislation that helps to manage retirement plans. What are some examples of laws that have been put into place to protect employees? What are these laws purposed to do?

 

Retirement Plans (graded)

Why should an organization consider implementing a company-sponsored retirement plan for its employees? What would be some of the available options in choosing the right plan? Do you think employees would favor a specific plan? If so, which plan would they favor?

 

WEEK 6

Paid Time Off (graded)

Some employers combine all paid time off, such as vacation, sick leave, holidays, and personal days, into one large bank of time, typically called paid time off (PTO). Discuss your organization’s current paid leave program. Does your organization have a PTO bank or several categories of leave accrual? What do you think would be the pros and cons of a PTO bank versus a traditional leave plan, including sick time and vacation?

 

This section lists options that can be used to view responses.

Work-Life Benefits (graded)

What are some of the flexibilities your organization allows to assist employees with achieving a good balance between work and life responsibilities? Do you think more can be done? If so, describe your perspective on what specific work-life benefits you would like to see implemented and how they would be beneficial to employees and the company.

 

WEEK 7

Benefits Communication (graded)

Does your current (or previous) organization have a strategy in place to communicate its benefits plan to employees? If so, how effective is it, and what can be done to improve it? If not, what are your thoughts on putting a benefits communication plan in place? Would it be beneficial?

 

Benefits Administration and Cost Controls (graded)

Insurance providers and employers alike are searching for techniques and strategies to help control their benefits costs. Has your organization been able to find ways to improve your benefits program or add new benefits without adding a heavy cost burden to your department or your employees? Will your organization’s budget for employee benefits be growing, staying the same, or potentially shrinking over the coming year?

 

DEVRY HRM 599 FINAL

Devry HRM 599 final exam

Page 1

Question 1. 1. (TCO A) Many employees feel as though they are entitled to both legally mandated and discretionary benefits.How would you break down the origins of employee benefits in the United States to an employee with this type of attitude? (Points : 30)

Question 2. 2. (TCO B) Briefly outline the key provisions of the Pension Protection Act of 2006. (Points : 30)

Question 3. 3. (TCO C) Your organization’s CEO is considering implementing a life insurance policy for employees and needs your advice. Briefly discuss the two types of life insurance policies offered in the United States and the major differences between the two. Make a recommendation for your CEO as to which plan would be best for your organization and why. (Points : 30)

Question 4. 4. (TCO D) Your company’s CEO is interested in implementing a new dental plan for employees and has asked you to do some research. The CEO wants you to report back to him in 3 weeks with the following information: What are the three main types of dental care plans? Discuss each plan and make a recommendation for your company. (Points : 30)

Question 5. 5. (TCO E) Your organization is considering offering a flexible benefit plan but has been advised that it could create a higher risk for adverse selection. Discuss the issue of adverse selection, and provide an example of how it occurs.Discuss three approaches you might use to reduce the risk of adverse selection in a cafeteria plan. (Points : 30)

Question 6. 6. (TCO F) You have recently been hired as an employee benefit consultant and have been asked to recommend the establishment of either a defined contribution or a defined benefit plan. Given the following employer objectives, which type of plan would you recommend? Specify the type of retirement plan you would recommend. Explain how your recommendation would handle the employer’s objectives.

Employer objectives include

majority of employees are young;

would like to encourage long potential service;

concerned about providing retirement income, capital accumulation, and/or estate benefits; and

concerned about limiting their funding costs and administrative expenses.

(Points : 30)

Question 7. 7. (TCO G) Legally, employers must provide some disclosure information regarding their benefits plan as spelled out by ERISA. One of those requirements includes a summary plan description, or SPD. What is an SPD? Briefly discuss the information that SPDs must provide. (Points : 30)

Question 8. 8. (TCO H) Family assistance programs help employees with caring for loved ones, both young and old. Briefly describe the three types of family assistance programs and their benefits. (Points : 30)

 

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DEVRY HRM 599 FINAL Exam Latest

DEVRY HRM 599 FINAL Exam Latest

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DEVRY HRM 599 FINAL Exam Latest

Devry HRM 599 final exam

Page 1

Question 1. 1. (TCO A) Many employees feel as though they are entitled to both legally mandated and discretionary benefits.How would you break down the origins of employee benefits in the United States to an employee with this type of attitude? (Points : 30)

Question 2. 2. (TCO B) Briefly outline the key provisions of the Pension Protection Act of 2006. (Points : 30)

Question 3. 3. (TCO C) Your organization’s CEO is considering implementing a life insurance policy for employees and needs your advice. Briefly discuss the two types of life insurance policies offered in the United States and the major differences between the two. Make a recommendation for your CEO as to which plan would be best for your organization and why. (Points : 30)

Question 4. 4. (TCO D) Your company’s CEO is interested in implementing a new dental plan for employees and has asked you to do some research. The CEO wants you to report back to him in 3 weeks with the following information: What are the three main types of dental care plans? Discuss each plan and make a recommendation for your company. (Points : 30)

Question 5. 5. (TCO E) Your organization is considering offering a flexible benefit plan but has been advised that it could create a higher risk for adverse selection. Discuss the issue of adverse selection, and provide an example of how it occurs.Discuss three approaches you might use to reduce the risk of adverse selection in a cafeteria plan. (Points : 30)

Question 6. 6. (TCO F) You have recently been hired as an employee benefit consultant and have been asked to recommend the establishment of either a defined contribution or a defined benefit plan. Given the following employer objectives, which type of plan would you recommend? Specify the type of retirement plan you would recommend. Explain how your recommendation would handle the employer’s objectives.

Employer objectives include

majority of employees are young;

would like to encourage long potential service;

concerned about providing retirement income, capital accumulation, and/or estate benefits; and

concerned about limiting their funding costs and administrative expenses.

(Points : 30)

Question 7. 7. (TCO G) Legally, employers must provide some disclosure information regarding their benefits plan as spelled out by ERISA. One of those requirements includes a summary plan description, or SPD. What is an SPD? Briefly discuss the information that SPDs must provide. (Points : 30)

Question 8. 8. (TCO H) Family assistance programs help employees with caring for loved ones, both young and old. Briefly describe the three types of family assistance programs and their benefits. (Points : 30)

 

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DEVRY HRM 599 Course Project Latest

DEVRY HRM 599 Course Project Latest

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DEVRY HRM 599 Course Project Latest

DEVRY HRM 599 Course Project: Course Project: Benefit Plan Design Analysis

OBJECTIVES

The Course Project is designed to provide you with a real-life practical application of an organization’s human resource benefits program. You will create a written analysis of a real-world organization’s benefit plan design with suggested opportunities for improvement that use the concepts and knowledge introduced in this course.

GUIDELINES

The Course Project must be comprehensive and must adhere to the following analytical stages.

  • There are eight parts in this Course Project. Different parts are due during Weeks 1, 4, and 7.
  • Papers should be formatted according to APA or MLA guidelines (12-point font, double-spaced, including a cover page, table of contents, introduction, body of the report, summary or conclusion, and a works cited page).
  • Even though this is not a scientific-type writing assignment and is mostly creative in nature, references are still very important.At least six authoritative, outside references are required (anonymous authors or web pages are not acceptable). These sources should be referenced according to APA or MLA guidelines.
  • Appropriate citations are required following APA or MLA guidelines.
  • All DeVry University Policies are in effect, including the plagiarism policy.
  • Please post any questions about these papers in the weekly Q & A discussion topic.
  • These papers combined are worth 310 total points and will be graded on quality of research topic, quality of paper information, use of citations, grammar, and sentence structure (see the rubrics below).

MILESTONES/GRADING RUBRICS

Part 1: Select and Profile an Organization for the Benefit Plan (40 Points)

There are a number of ways in which an organization and benefit plan can be selected. You have the option of looking at your current employer’s benefit plan, that of a previous employer, or one from a random organization of your choice whose benefit plan has a perceived need for either a revision of specific benefits, addition of needed benefits, or an overhaul of its benefits program. Provide a clear profile of your chosen organization as well as the organization’s current benefits program. Present key facts that are important in understanding your chosen organization’s benefits program.

Category Points % Description
Profile 16 40% Profiles the chosen organization in detail
Benefits Program 16 40% Provides sufficient details on the organization’s benefits program
Formatting 8 20% Appropriately formats the assignment in APA format or MLA format; sources appropriately cited in APA or MLA format; appropriate external sources utilized; no typing, spelling, or grammatical errors
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 2: Statement of the Issue (40 Points)

This section should present an analysis of the major benefits issue or issues. It should include a statement of the specific benefit plan you are addressing. Some questions to ask when formulating the statement of issue include the following.

  • Have I identified the basic issue or am I dealing with the symptoms?
  • What is the point of the paper?
  • If I have identified more than one issue, are the issues separate or related?

There are several sources from which the issues can be determined. They include business documents, such as employee surveys and competitive analysis reports; assessment questionnaires that can be created to probe for areas of benefit needs and employee desires; observations of how employees use or do not use their current benefits; and interviews with key management and selected employees to determine benefit issues.

Category Points % Description
Basic issue 15 38% Identifies the basic issue rather than the symptoms.
Purpose 15 38% Describes the purpose of the paper and what will be accomplished.
Relationships 10 24% Describes relationships between major and minor issues to be addressed.
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 3: Literature Review (40 Points)

Address what was discovered in the search of relevant literature, related articles, and the employee benefit text, as well as what was discovered in Part 2. This means not only reviewing theories, concepts, and studies discussed in the text or in class, but also reviewing websites and what other writers have to say about benefit plans. Given the limited number of weeks that a term provides and the number of steps involved in the Course Project following the literature review, no more than 2 weeks should be spent reviewing literature.

It is critical that those completing questionnaires, being interviewed, or providing information in any other manner be assured that their responses will be kept in the strictest of confidence and will not be discussed in whole or in part to any member of the organization or outside the boundaries of the classroom. It is recommended that you begin your literature search by accessing Keller’s Online Library. While you may use information obtained from HR-related websites, you must also obtain information from current scholarly journals, business publications, and newspapers. Ten or more outside resources or references are required.

Category Points % Description
Academic Resources and Relationships 20 50% Identifies academic quality resources; identifies why resource is quality and explains the benefit of the resource and how it supports the resolution of the issue; shows relationships between different sources.
Presentation and Review 12 30% Presented in a manner that tells a story and ties individual sources together; explains how the literature review relates to issue identified in the company.
Formatting 8 20% Appropriately formats assignment in APA format or MLA format. Sources appropriately cited in APA or MLA format; appropriate external sources utilized; no typing, spelling, or grammatical errors.
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 4: Issue Analysis (40 Points)

Here we are bringing Parts 2 and 3 together. This section should provide a detailed analysis of the benefits issue that was identified in Part 2. A major objective is to clearly illustrate how the concepts of the course and gained knowledge of benefits are being used, as well as to show what was learned from the literature review. Show that you are applying course material.

Category Points % Description
Analysis 20 50% Describes issue analysis and relates to previous discussions from literature review.
Apply concepts 20 50% Describes how concepts from the course help identify the true issue.
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 5: Issue Solutions (40 Points)

Create a developmental strategy. Offer several solutions or options that are appropriate for the benefits issue or issues. The solutions should follow logically from the analysis. The expected outcomes, positive and negative, should be addressed.

Category Points % Description
Logical Solution 20 50% Develops a logical solution based on the literature review and class information.
Pros and Cons 12 30% Identifies all feasible solutions and provides pros and cons of each.
Formatting 8 20% Appropriately formats assignment in APA format or MLA format; sources appropriately cited in APA or MLA format. Appropriate external sources utilized. No typing, spelling, or grammatical errors.
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 6: Solution and Its Implementation (40 Points)

This segment should outline your recommended solution to the identified issue. The solution will be one or a combination of the solutions provided in Part 5. This part should be specific, stating what benefit plans are recommended, timing for implementation, and in what sequence. It includes not only what should be done, but also how it should be done. A specific solution should indicate what benefit is most appropriate for the issue and how it will be implemented in the organization. Some questions to keep in mind when writing the solution section include the following.

  1. Has an awareness of the problem of implementation been addressed?
  2. Have you been too general?
  3. Do the solution and implementation address the issues identified earlier?
  4. Does your solution take into account the identified pros and cons?
  5. How will you evaluate the effectiveness of the implemented benefit plan?
  6. What process checks or procedures will you put in place to institutionalize the improvement?
  7. Was the realism of your proposed action plan assessed? For example, are there adequate time, money, and other resources for your solution?
Category Points % Description
Addressed Problem and Solution 20 50% The problem was adequately addressed; sufficient detail is provided in the solution.
Plan and Measurement 12 30% Sufficient detail is provided in the solution; it identifies how success will be measured.
Formatting 8 20% Appropriately formats the assignment in APA format or MLA format; sources are appropriately cited in APA or MLA format; appropriate external sources are utilized; no typing, spelling, or grammatical errors,
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 7: Justification (40 Points)

This section of your analysis should, using course knowledge and concepts, tell why your solution and implementation would work. A major objective is to clearly show how you are applying course concepts and content to arrive at a workable solution and implementation for the issue identified. Some questions to ask when writing your justification segment include the following:

  1. Have you applied the appropriate course material?
  2. Do you support your conclusions and recommendations with appropriately referenced facts, quotes, readings, and class activities?
  3. Does your justification recognize the pros and cons identified earlier?
Category Points % Description
Pros and Cons 8 50% Recognizes pros and cons from solutions.
Conclusions 16 30% Conclusions are adequately supported.
Course Materials 8 20% Course material is applied appropriately.
Formatting 8 20% Appropriately formats assignment in APA format or MLA format; sources are appropriately cited in APA or MLA format; appropriate external sources are utilized; no typing, spelling, or grammatical errors.
Total 40 100% A quality paper will meet or exceed all of the above requirements.

Part 8: Reflection (30 Points)

Think about this assignment and write a well-thought-out reflection statement about how this assignment influenced your thinking about benefits.

Category Points % Description
Reflection Statement 24 80% Reflection statement is substantive and detailed: your thoughts on the project overall, actions taken, choices made over the course of the project, what learning and growth have occurred, your thoughts on the role of a project like this in developing professional understanding and competency.
Formatting 6 20% Appropriately formats assignment in APA or MLA format. Sources are appropriately cited in APA or MLA format. Appropriate external sources are utilized. No typing, spelling, or grammatical errors.
Total 30 100% A quality paper will meet or exceed all of the above requirements.

BEST PRACTICES

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The purpose of an introduction or opening:

  1. Introduce the subject and why the subject is important.
  2. Preview the main ideas and the order in which they will be covered.
  3. Establish the document’s tone.

Include in the introduction a reason for the audience to read the paper. Also include an overview of what you are going to cover in your paper and the importance of the material. (This should include or introduce the questions you need to answer on each assignment.)

  • Body of Your Report—Use a header titled with the name of your project. Example: The Development of Hotel X—A World Class Resort. Then proceed to break out the main ideas. State the main ideas, state major points in each idea, and provide evidence.Break out each main idea you will use in the body of your paper. Show some type of division such as separate sections that are labeled, separate group of paragraphs, or headers. You would include the information you found during your research and investigation.
  • Summary and Conclusion—Summarizing is similar to paraphrasing but presents the gist of the material in fewer words than the original. An effective summary identifies the main ideas and major support points from the body of your report. Minor details are left out. Summarize the benefits of the ideas and how they affect the subject.
  • Works Cited—Use the citation format as specified in the Syllabus.

Additional hints on preparing the best possible project are as follows.

  1. Apply a three-step process of writing: Plan, write, and complete.
  2. Prepare an outline of your research paper before you go forward.
  3. Complete a first draft and then go back to edit, evaluate, and make any changes required.
  4. Use visual communication to further clarify and support the written part of your report. You could use example graphs, diagrams, photographs, flowcharts, maps, drawings, animation, video clips, pictograms, tables, and Gantt charts.

The following are best practices that should be used in preparing this paper:

  • Cover Page:Include your name, who you prepared the paper for, the course name, and the date.
  • Table of Contents: List the main ideas and sections of your paper and the pages on which they are located. The illustrations should be included separately.
  • Introduction: Use a header on your paper. This will indicate that you are introducing your paper.
  • Subtitle each section: Use the section titles to indicate in the body of your paper each individual section (i.e., Statement of Issue, Literature Review, Issue Analysis, etc.). Each section should be clearly marked.
  • Body of Your Report: Use a header titled with the name of your project. Example: “The Development of Hotel X— A World Class Resort.” Then proceed to break out the main ideas. State the main ideas, state major points in each idea, provide evidence. Break out each main idea you will use in the body of your paper. Subtitles will help divide each individual section; separate group of paragraphs; or headers. Include the information you found during your research and investigation.
  • Summary and Conclusion: Summarizing is similar to paraphrasing but presents the gist of the material in fewer words than the original. An effective summary identifies the main ideas and major support points from the body of your report. Minor details are left out. Summarize the benefits of the ideas and how they affect the subject.
  • Works Cited: Use the citation format specified in the Syllabus.

Additional hints on preparing the best possible project include the following.

  1. Apply a three-step process of writing: Plan, write, and complete.
  2. Prepare an outline of your research paper before you go forward.
  3. Complete a first draft and then go back to edit, evaluate, and make any changes required.
  4. Consider using visual communication to further clarify and support the written part of your report. You could use example graphs, diagrams, photographs, flowcharts, maps, drawings, animation, video clips, pictograms, tables, and Gantt charts.

 

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