Assessing Cost-Benefit and Utility in Selection
Given the volume of jobs that need to be filled, the difficulty in filling specific positions, and the potential impact of making poor hiring decisions, companies should strategically plan how to recruit and select employees. Such planning will ensure the amount of effort is cost effective and achieves the desired results. Consequently, many organizations today engage in such planning by conducting cost-benefit and utility analyses to ensure the requisite amount of effort is dedicated to obtain the desired results (Boudreau, 1990; Bodreau & Ramstad, 2002). In the long term, these analyses may save organizations time, money, and effort. On the other hand, it is also important to consider the potential impact of poor hiring practices not only on the company, but also on the unsuccessful applicant or the new hire that does not work out.
For this Assignment, review this week’s media and the personnel selection processes that you developed for your Week 3 Assignment. Consider the cost benefit and utility of the personnel selection process for each job type.
Develop a cost benefit analysis and a utility analysis for a personnel selection process for the three job types presented in the media (manufacturing, sales, executive).
Your Assignment should specifically detail the following:
The resources required (e.g., cost, personnel, time, etc.) for each job type
The benefits and drawbacks of each component of the personnel selection process (e.g., application, interview, testing, etc.)
The impacts of the applicant pool, the number of openings, and the projected volume of applicants for each job type
Justifications for the personnel selection process to be used for each job type
https://mym.cdn.laureate-media.com/2dett4d/Walden/…
References
Cabrera, E. F., & Raju, N. S. (2001). Utility analysis: Current trends and future directions. International Journal of Selection and Assessment, 9(1/2), 92–102.
Campion, M. A., Outtz, J. L., Zedeck, S., Schmidt, F. L., Kehoe, J. F., Murphy, K. R., & Guion, R. G. (2001). The controversy over score banding in personnel selection: Answers to 10 key questions. Personnel Psychology, 54(1), 149–185.
Cascio, W. F., & Aguinis, H. (2005). Test developments and use: New twists on old questions. Human Resource Management, 44(3), 219–235.
Jereb, E., Rajkovic, U., & Rajkovic, V. (2005). A hierarchical multi-attribute system approach to personnel selection. International Journal of Selection and Assessment, 13(3), 198–205.
solved I. Write a summary of possible strategies and ideas you
/in /by adminI. Write a summary of possible strategies and ideas you will consider in your marketing mix to market the product/service you have identified as your business. Some questions you might answer include:Product:Who is the product aimed at?What benefit will customers expect?How will you design, package or otherwise add perceived value to your product/service in the eyes of your customers?Price (discounts, sales, list price, credit terms):How will you price your product/service for different customers?How will you make money based on your costs and desired profits?Will you have different prices for different customers?How might you have to adjust your prices to take into consideration different products or services in your marketing mix?Place (distribution, locations, inventory, logistics and transportation):How will you distribute your product/service to customers to best advantage?How will you make your product available to your targeted customers?Will you sell directly or produce your product and like Ford or GM, use dealers to market and sell your product or service?Promotion (communications, public relations, personal selling and advertising):What kinds of communications will you use to tell potential customers about the features and benefits or your products?Will you use direct selling, advertising, newsletters and special sales?Choose your pricing strategically.Decide on the location that is best for your customers.Determine the mix of promotion to use for your business.Use breakeven analysis to evaluate your marketing plan….this data will be used in your Sales Forecast coming up!Use your text as a source from the business/market plan sample. This will be an active part of your business plan. You may incorporate tables, graphs or spreadsheet in your document.2. CALCULATE YOUR BREAK EVEN ANALYSIS for your ‘top’ selling item. If you have a variety of items, take an average selling price for your top 2-3 items and use that information for calculating.Scenario #1: Use and submit the Breakeven Analysis Template below to calculate your break-even in dollars and units, with “$0” profit.Scenario #2. For your second calculation, add a reasonable dollar amount to the ‘profit’ cell on the template to see what your required units/dollars to make that amount in profit per year.Be sure you show your Variable costs as UNIT costs and Fixed costs on an Annual basis. For instance, rent is 1,000/month, so, you would show $12,000 as rent in fixed costs.BREAKEVEN TEMPLATESubmit both scenarios of breakeven analysis.
solved This assignment we are going to work on our Student
/in /by adminThis assignment we are going to work on our Student Learning Outcomes. These are the things you are supposed to be able do when you finish this class. We have 3 of them! 1) Analyze primary and secondary sources and explain how they support a thesis statement2) Explain relationships between the causes of historical events and their effects.3) Describe a relevant individual involved in an historical event and explain his/her significance in this event.1) Analyze primary and secondary sources (Links to an external site.) and explain how they support a thesis statementThis means a few things. First you have to understand what a primary and/or a secondary source is. And then understand what a thesis statement (Links to an external site.) is. Lastly, you should be able to see how a source supports (or does not support) a thesis statement. Here is a very basic example of a thesis statement: “The quality of life for many Americans during the Great Depression was very bad when compared to other generations.” A primary source that would support that statement would be a letter written by someone living in the 1930s that says “My life is terrible! It was sooooo much better in the 1920s, OMG! I have no job, my kids can’t eat and I am sick. I wish I could LOL but it is too hard!” Reading that, you would think they didn’t have a good life, and would say that letter supports you thesis statement. 2) Explain relationships between the causes of historical events and their effects.This one perhaps is a little easier. For example, take Buddhism. Siddhartha Gautama sat beneath the famous tree and meditated and then he had an awakening. This was one of the causes of the creation of the religion known as Buddhism. One of the effects of it was that Buddhism became a very popular religion that is still practiced widely around the globe. 3) Describe a relevant individual involved in an historical event and explain his/her significance in this event.Perhaps the easiest, and most of you have already done this in the short answers on our test. You just need to talk about a person and a historical event, and why that person was important to it. For example, “In 2021 the Padres won the World Series. Alan Renga played a significant role in this, because he struck out 89 batters and hit 8 home runs for the Padres.”So for this assignment, I want you to pick one of the SLOs, describe it in your own words, and give an example from chapter 9 that shows you understand it! It is worth 10 points and is due Monday September 20th at 11:59
solved There will be one reflection paper that is at least
/in /by adminThere will be one reflection paper that is at least 5 pages long, to be submitted on the day mentioned in the course schedule. The 5 pages can include the bibliography or reference page. It does not include the title page; in case you want to have a title page. You can choose a topic of your liking for this paper, which can be a single reading, a set of readings, a theme or an issue that has been discussed in the class, or any issue relevant to the overall objectives of this course. This means please choose a topic that we have covered in class and that is of interest to you. Please read the corresponding readings and handouts to see what you can use from there, and then do your own online library research to write the paper. Your paper must have a central argument, i.e. what is the main thing you want to say in your paper. Then build your paper around that central argument. The paper should reflect deep thinking and draw upon relevant readings. The paper is to be typed, double-spaced, 12-point font with 1-inch margins. No late papers will be accepted. I might ask you to rewrite the paper if it does not meet class standards.Now let me clarify the above instructions further:The paper must be at least 5 pages long. The 5 pages can include the bibliography or reference page. It should not include the title page, in case you want to have a title page.Choose a topic of your liking that is of interest to you and has been covered in the class. Choose any topic covered from Week 1 to Week 8. For instance, you can choose the topic of “Creative Destruction” in urban areas, or how the “built environment in cities reflect the social relations”, or “environmental racism and environmental (in)justice” in urban areas, or “segregation in cities”, or “how housing is segregated by class and race in urban areas”, “redlining”, “public housing” or any topic that has been addressed in the class. In the past, students have also written on how schools under-perform due to being located in segregated neighborhoods.Please read the corresponding reading and handouts to see what you can use from there.Please do additional online library research.Please write the paper.Your paper must have a central argument, which is the main thing you want to say in your paper.Then build your paper around that central argument.The paper must reflect deep thinking and draw upon relevant readings.The paper must be typed, double-spaced, 12-point font with a 1-inch margin.You may be asked to rewrite the paper if it does not meet class standards.
solved I need a response to the post below: According to
/in /by adminI need a response to the post below: According to Peterson & Costanza (2017), Alarm management is a multifaceted problem that affects all health care organizations and clinical staff. Health care facilities should conduct alarm risk assessments utilizing an interdisciplinary alarm management committee. Assessment teams should include a member from the safety, nursing education, quality improvement departments, and clinical nurse leaders from the units. The team should implement huddles on the unit to examine and evaluate current practices for alarm management. Systems generally alarm at a central station only, making alarm management for multiple patients more complicated between the patient’s room and central station. At the clinical staff level, the nurses should be interviewed and assessed for knowledge regarding alarm fatigue. The team can utilize models like the Fishbone diagram to identify potential causes of a problem that leads to alarm fatigue. The fishbone visually depicts the problem and formulates major categories of probable causation (Spath, 2018) and the Plan-Do-Study-Act (PDSA), a four-stage problem-solving model used to improve a process or carry out the change. PDSA guides the testing of the change to determine if the change is an improvement. Creating alarm setting and response protocols, developing clinical competencies related to the effectiveness of clinical alarm systemsongoing organizational support to educate nurses in managing cardiac telemetry alarms will be instrumental in improving nurses’ response to significant alarms.Customizing alarms includes adjusting the low and high heart rate (HR) alarm thresholds by considering patient’s activity levels. Reconfiguring the medical device only to enable actionable alarms lays a foundation for the team to address other contributing factors of alarm fatigue.Regulating the limit of HR and alarm parameters to patients’ actual needs was an effective intervention yielding a 30%–43% reduction in alarms (Srinivasa, Mankoo, & Kerr, 2017).Education interventions based in clinical practice settings increase educational effectiveness. Being knowledgeable about the capacity of the telemetry alarm device, ongoing education best practices such as changing ECG electrodes daily, education on new policies to improve response rate will assist clinical staff with nuisance alarms. Implementing teams to assess and intervene in the safety risk of alarm fatigue will be more cost-effective than the risks of loss of accreditation or civil litigation.
solved Assessing Cost-Benefit and Utility in Selection Given the volume of
/in /by adminAssessing Cost-Benefit and Utility in Selection
Given the volume of jobs that need to be filled, the difficulty in filling specific positions, and the potential impact of making poor hiring decisions, companies should strategically plan how to recruit and select employees. Such planning will ensure the amount of effort is cost effective and achieves the desired results. Consequently, many organizations today engage in such planning by conducting cost-benefit and utility analyses to ensure the requisite amount of effort is dedicated to obtain the desired results (Boudreau, 1990; Bodreau & Ramstad, 2002). In the long term, these analyses may save organizations time, money, and effort. On the other hand, it is also important to consider the potential impact of poor hiring practices not only on the company, but also on the unsuccessful applicant or the new hire that does not work out.
For this Assignment, review this week’s media and the personnel selection processes that you developed for your Week 3 Assignment. Consider the cost benefit and utility of the personnel selection process for each job type.
Develop a cost benefit analysis and a utility analysis for a personnel selection process for the three job types presented in the media (manufacturing, sales, executive).
Your Assignment should specifically detail the following:
The resources required (e.g., cost, personnel, time, etc.) for each job type
The benefits and drawbacks of each component of the personnel selection process (e.g., application, interview, testing, etc.)
The impacts of the applicant pool, the number of openings, and the projected volume of applicants for each job type
Justifications for the personnel selection process to be used for each job type
https://mym.cdn.laureate-media.com/2dett4d/Walden/…
References
Cabrera, E. F., & Raju, N. S. (2001). Utility analysis: Current trends and future directions. International Journal of Selection and Assessment, 9(1/2), 92–102.
Campion, M. A., Outtz, J. L., Zedeck, S., Schmidt, F. L., Kehoe, J. F., Murphy, K. R., & Guion, R. G. (2001). The controversy over score banding in personnel selection: Answers to 10 key questions. Personnel Psychology, 54(1), 149–185.
Cascio, W. F., & Aguinis, H. (2005). Test developments and use: New twists on old questions. Human Resource Management, 44(3), 219–235.
Jereb, E., Rajkovic, U., & Rajkovic, V. (2005). A hierarchical multi-attribute system approach to personnel selection. International Journal of Selection and Assessment, 13(3), 198–205.
solved I. Write a summary of possible strategies and ideas you
/in /by adminI. Write a summary of possible strategies and ideas you will consider in your marketing mix to market the product/service you have identified as your business. Some questions you might answer include:Product:Who is the product aimed at?What benefit will customers expect?How will you design, package or otherwise add perceived value to your product/service in the eyes of your customers?Price (discounts, sales, list price, credit terms):How will you price your product/service for different customers?How will you make money based on your costs and desired profits?Will you have different prices for different customers?How might you have to adjust your prices to take into consideration different products or services in your marketing mix?Place (distribution, locations, inventory, logistics and transportation):How will you distribute your product/service to customers to best advantage?How will you make your product available to your targeted customers?Will you sell directly or produce your product and like Ford or GM, use dealers to market and sell your product or service?Promotion (communications, public relations, personal selling and advertising):What kinds of communications will you use to tell potential customers about the features and benefits or your products?Will you use direct selling, advertising, newsletters and special sales?Choose your pricing strategically.Decide on the location that is best for your customers.Determine the mix of promotion to use for your business.Use breakeven analysis to evaluate your marketing plan….this data will be used in your Sales Forecast coming up!Use your text as a source from the business/market plan sample. This will be an active part of your business plan. You may incorporate tables, graphs or spreadsheet in your document.2. CALCULATE YOUR BREAK EVEN ANALYSIS for your ‘top’ selling item. If you have a variety of items, take an average selling price for your top 2-3 items and use that information for calculating.Scenario #1: Use and submit the Breakeven Analysis Template below to calculate your break-even in dollars and units, with “$0” profit.Scenario #2. For your second calculation, add a reasonable dollar amount to the ‘profit’ cell on the template to see what your required units/dollars to make that amount in profit per year.Be sure you show your Variable costs as UNIT costs and Fixed costs on an Annual basis. For instance, rent is 1,000/month, so, you would show $12,000 as rent in fixed costs.BREAKEVEN TEMPLATESubmit both scenarios of breakeven analysis
solved Hi please check the requirements.Assignment Prompt: Identify an issue that
/in /by adminHi please check the requirements.Assignment Prompt: Identify an issue that you are really interested in pursuing and write an essay in which you describe the problem, explain who it affects and why it merits attention, and write a policy proposal that will solve the problem. Topic selection:Look at your notes from course topics and the textbook such as poverty, voting, immigration, the environment, taxing, healthcare, etc. Identify an issue that needs a solution in the state of Texas.The issue must be related to topics covered in class and the textbook. Structure of the proposal:description of the problem (problem needs to be fixed)proposed solution (problem can be fixed)justification for the proposed solution (the benefits of fixing the problem outweigh the cost) Step 1: Presentation of a problem that needs solving: description of problem and background including previous attempts to solve it (refer to previous efforts made to solve the issue such as past bills signed into law, constitutional amendments, etc.), present an argument that the problem can be solved and how your solution will be different and more efficient.Step 2: Presentation of the proposal i.e. what should be done, explain the specifics of your proposed solution including the steps to be taken, the process to follow, and resources to be used, etc.Step 3: Summary and rebuttal of opposing views: What reaction(s) would you expect from political parties, the media, interest groups and the public. Step 4: Conclusion: Summarize your arguments and call for action. Gathering SourcesConduct research using the library databases, find at least 2 articles that will help you define the problem and generate solutions to the problem such as articles published in academic journals, editorials of highly credible news sources, analytical articles published in credible newspapers and magazines) using the following criteria:The article must be no more than 5 years old, a minimum of five pages in length, and should meet the standards of college level material.Carefully choose those works that provide a variety of perspectives on your topic.Dictionaries, Encyclopedias (including Wikipedia), Almanacs, or an Atlas are reference materials and should not be listed in any works cited page on the collegiate level.Properly cite your sources in your assignment.Include a works cited page. Format:The report should be at least two pages but no more than three double-spaced pages in length (excluding citations). Use MLA format, Times New Roman font 12 points size.
solved Scenario You work as web design consultant for McInnis Inc.
/in /by adminScenario You work as web design consultant for McInnis Inc. Your boss, Makenzie McInnis, is aware that you are taking a class in technical communication and would like for you to use what you have learned about audience and purpose to conduct an analysis on two competing Web sites. You might choose the websites of two pharmaceutical companies, clothing stores, or media streaming services, as examples. The information you provide will not only help McInnis Inc. improve their own web presence, but it will also serve to improve the quality of services consultants provide to clients. Tasks Step 1: On page 115 in textbook, complete the “Team Exercise†activity individually (#4; a-c only)—Do not write about how the two sites were perceived by the different members of the group as instructed in the last paragraph. In your overview: indicate the names of the competing websites you reviewed (include the URL address), and give an overview of the products or services. be sure to include the criteria in #4, a-c to help you compare or contrast the two sites in your overview. choose the better Web site based on the criteria you have discussed in #4a-C Step 2: On your own, develop an analysis that discusses how effectively the better Web site relays its message to meet the needs its intended audience using the information presented in Chapter 5. Your analysis of the Web site should include the following: Identify the intended audience (be specific; for example, “men†is not specific. Adult, blue-collar men, ages 35-55 is specific). Who is the primary reader? How do you know? Is the skill level of the intended audience expert, semi-professional, or layperson? Why do you say so? Explain why and how the ad meets the intended audience’s needs. Based on what you learned, is the language in the ad appropriate for the skill level of the intended audience? Give clear examples. Note: If the ad does not contain text, does the visual meet the needs of the intended audience? Explain how. What is the purpose of the ad (the more effective one)? Explain how the Web site effectively displays its intended purpose. Show how the opposing website fails in its attempt to meet the purpose. Discuss the kind of research you think the creator of the better Web site conducted to analyze his audience’s needs, attitudes, and expectations. Illustrate how the better Web site appeals to its audience’s a. Attitudes and expectations? Give an example. b. Education? Give an example. c. Cultural characteristics? Give an example.
solved Now that you’ve read about what Complaint Letters are in
/in /by adminNow that you’ve read about what Complaint Letters are in this week’s reading, it’s time to put those concepts to use!
Remember or imagine a situation where you feel that you were wronged by a company. Your task for this assignment is to write a professional complaint letter utilizing the format and tips provided in this week’s reading.
You will craft your letter as it’s own document, and submit it to complete this assignment.
Your document should:
Be formatted as described in the chapter, complete with (fake or real) addresses.
Have a body that is a minimum of 3 paragraphs long (not including the addresses, headers, etc.)
Meet all the criteria for a good complaint letter as outlined in part 4 of this week’s reading
Second
The job announcement below was pulled from a nursing website, advertising jobs for nurses. You will write a cover letter, using the templates we’ve discussed, and customize it to the job announcement.Â
Make sure you see what the job is asking for, and include key words in your cover letter.Â
Burbank Hospice is presently seeking a Director of Patient Care Services to join our team.
The DPCS is responsible for the overall direction of hospice clinical services. The DPCS establishes implements and evaluates goals and objectives for hospice services that meet and promote the standards of quality and contribute to the total organization and philosophy.
Must have the following qualifications:
RN with a California license, Bachelor’s degree in nursing (master’s degree preferred), three years of healthcare management experience within the last 5 years, RN with experience within the last 5 years (at least 1 year of which was in a supervisory or administrative capacity), demonstrate the ability to supervise and direct personnel, ability to market and deal tactfully with customers and the community, be a licensed driver with an automobile that is insured and is in good working order, have excellent observation, verbal, and written communication skills, and have knowledge of business management, governmental regulations, and the Joint Commission standards.
Your team’s expectations will be that you lead and guide them with positive feedback and constructive criticism. The clinical providers are looking for someone to learn from and grow with. You must have strong teaching skills and possess a passion to help nurses improve.
Please send your current resume with contact information. Please only apply if you meet the minimum qualifications.
Power-Revision Techniques (softchalkcloud.com)Â
solved INSTRUCTIONSThis prewriting exercise will help you generate some content that
/in /by adminINSTRUCTIONSThis prewriting exercise will help you generate some content that you will be able to add to Essay 2. After you have watched the Ted Talk that you have selected to analyze in Essay 2 and have read the transcript for the Ted Talk, copy and paste the following questions into a Word or Google document, and then answer them.If you thoroughly answer the following questions, you will have an easier time doing the in-class writing for Essay 2, which you will write during Zoom class on Thursday, March 18.Ted talk Link: https://www.ted.com/talks/dr_phillip_atiba_goff_how_we_can_make_racism_a_solvable_problem_and_improve_policing/transcriptQUESTIONSWhat is the title of the Ted Talk?What is the speaker’s name?Who is the audience that the speaker seems to be appealing to?What do you think is the purpose of the Ted Talk?What is the thesis (or main point) of the Ted Talk?__________________________________________________________________________________________What is a rhetorical strategy used in the Ted Talk?What is an example (or examples) of this rhetorical strategy? (Use direct quotations from the Ted Talk to illustrate this rhetorical strategy, put quotation marks around the quotation(s), and an in-text citation at the end of the quotation(s): (Speaker’s last name and the time where the quotation appears in the Ted Talk).What might be the effect of this rhetorical strategy on the audience and why?________________________________________________________________________________________What is a second rhetorical strategy used in the Ted Talk?What is an example (or examples) of this second rhetorical strategy? (Use direct quotations from the Ted Talk to illustrate this rhetorical strategy, put quotation marks around the quotation(s), and an in-text citation at the end of the quotation(s): (Speaker’s last name and the time where the quotation appears in the Ted Talk).What might be the effect of this second rhetorical strategy on the audience and why?________________________________________________________________________________________What is a third rhetorical strategy used in the Ted Talk?What is an example (or examples) of this third rhetorical strategy? (Use direct quotations from the Ted Talk to illustrate this rhetorical strategy, put quotation marks around the quotation(s), and an in-text citation at the end of the quotation(s): (Speaker’s last name and the time where the quotation appears in the Ted Talk).What might be the effect of this third rhetorical strategy on the audience and why?