Budgeting is a critical operational component of a manager’s duties. The implication of proper budgeting is that it allows companies to effectively plan for the management of resources within the context of product and goods delivery, while not losing sight of the need for cash flow. This concept will be reviewed again later in this course; in the meantime, cash flow is critically important to the health of a business. Being able to budget within the constraints of estimated and actual cash flow allows companies to spend no more than needed in operational functions for purchasing, producing, and delivering goods and services.
In this assignment, you will act as the warehouse manager for Tandy Leather Factory. You have been asked to present a quarterly budget and financial plan to the president of the company. To do this, you will need to examine last year’s financial statements, last quarter’s earnings, and this quarter’s estimated sales. You will use market analysis from Yahoo! Finance and the annual earnings report from last year. You will create a presentation of the budget using Microsoft PowerPoint. Your presentation should cover the cost of managing the inventory, shipping, warehouse machine maintenance (forklifts, pallet jacks, pallet wrapping machines, computers, handheld inventory devices, etc.), personnel costs for 75 employees, two office clerks, and two managers. Your budget will be based on an 8-hour work day, 5 days a week. You must include the cost for a 1-day shutdown of the warehouse for a quarterly inventory count.
Length: 10-15 slides, include 100-150 words for each slide in the notes section.
References: Please cite at least four sources. This may include three of the listed sources and at least one self-researched source.
Your presentation should demonstrate thoughtful consideration of the ideas and concepts presented and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.
During a time where each aspect of our lives is getting progressively open, it is vital for us to comprehend local observation and how it relates to current society. Readily available, we hold more data than any past age (a poser maybe). Our information is being gathered and used to control how we see reality, and our kindred Americans are in effect arrogantly profiled as fear mongers, regularly based on their skin shading and religion. This isn't an issue that can be overlooked, and so as to take a firm position, it is basic that we know the goal facts, appropriate to this point. The National Security Agency has been utilizing undercover decoding projects to get to our relational correspondence utilizing secondary passages actualized by a program befittingly named "BULL RUN". Be that as it may, this common war isn't a contest between siblings. This is an oppressive dad prompting dread in the hearts of his youngsters and professing to realize what's best for them. His thought processes may appear to be defensive, yet there is an inconspicuous malignance to his cases. As the NSA Directorate briefly states "In the event that you don't have anything to cover up, you don't have anything to fear" (1). This over the top residential reconnaissance negatively affects our general public, and that there are a few goals which show dissolvability. The United States central government ought to considerably reduce its utilization of household reconnaissance by dissolving current undercover decoding programs alongside the SPOT program. In 2013, Edward Snowden, a representative of prestigious insight contractual worker Booz Allen Hamilton, wrongfully downloaded and released 1.5 million documents relating to the NSA's utilization of digital observation strategies to gather private data from residents of the United States and remote partners (qtd. in Szoldra 1). Because of these releases, the program BULL RUN was uncovered, prompting a mass open objection. In an article posted on Security Affairs site page, the writer expresses "The expansion of US observation exercises appears to have no restrictions neither outskirts, each correspondence and information regardless of being ensured with refined encryption instruments were available by US Intelligence and its accomplices like Britain's GCHQ" (Paganini 1). While these disclosures are intrinsically concerning, it essential to assess the lawful, moral, and sacred priority which enabled such a program to happen as intended. Article 4 of the Bill of Rights blesses the accompanying: The privilege of the individuals to be secure in their people, houses, papers, and impacts, against outlandish ventures and seizures, will not be disregarded, and no Warrants will issue, however upon reasonable justification, bolstered by Oath or assertion, and especially portraying the spot to be looked, and the people or things to be seized (US Const. alter. IV, sec. 1). It would appear to most of the populace that this alteration gives the fundamental and adequate intends to annul programs that infringe on the security of residents who are not under dynamic, approved examination. Protected law advocates have arrived at an accord on this issue; notwithstanding, lawfulness and legitimateness are not synonymous. There are a few contentions much of the time made with regards to the lawfulness concerning residential observation. One oft-refered to reference is the "Joining together and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001." Under segment 215 of the PATRIOT Act, the Foreign Intelligence Surveillance Court may allow consent to "get to unmistakable data on account of an approved examination" (U.S cong. 215). The suggestion to this article speaks to a gross error of its importance. The article expressly expresses that data must be gathered on account of an approved examination. While some may contend that there has been a proceeding with examination since the occasions that happened on September eleventh of 2001, the article requires particularity and doesn't permit wide range reconnaissance of any resident without admirable motivation. The utilization of unscrambling methods on a country's very own residents is disgraceful; be that as it may, on account of NSA reconnaissance, it was not constrained to the U.S. populace. The hole from Edward Snowden uncovered that there were bugs set in the UN workplaces in a few areas, remembering the central command for Geneva. The relational correspondence between German residents was being recorded utilizing stealthily instituted secondary passages, and the United States paid Great Britain 155 million dollars through the span of the three years so as to access and impact the data gathered by state-partnered spies. A digital assault of this scale will undoubtedly have repercussions on our monetary and political connections. We are frequently informed that this reconnaissance program was actualized for our very own security. Because of the ongoing ascent in psychological warfare related passings, the official powers inside our nation are basically looking to make a protected domain, bereft of fear based oppressors. While this may appear to be a respectable interest, its relative inefficacy suggests that there might be a ulterior rationale. Benjamin Franklin once stated, "the individuals who might surrender fundamental freedom to buy a little brief security merit neither freedom nor wellbeing" (Franklin 2). Lauren Kirchner, senior individual and insightful correspondent at ProPublica, writes in an article in regards to the measurements of reconnaissance that the NSA has talked about just four situations where digital observation assumed a job in upsetting the plot of a psychological oppressor. In just a single such case was it considered to have had a "noteworthy distinction." In all reality, there was no causal connection between the man captured and a specific demonstration of psychological oppression. He essentially offered cash to a psychological oppressor gathering (Kirchner 1). Because of the uncouthness of NSA projects to meet their alleged objective, and the unlawful overextend unavoidably ensnared in any local observation program, the main intelligent arrangement is to end the utilization of BULL RUN or any of its copied. The NSA isn't the main party blameworthy of executing abominable demonstrations of household observation. The Transportation Security Administration utilizes a program titled SPOT (Screening of Passengers by Observation Techniques) which utilizes conduct discovery trying to control fear mongering. Maya Berry, official executive for the Arab American Institute, an approach organization concentrated on issues with respect to pertinent political issues, tended to a letter concerning this local security issue to previous Secretary of Homeland Security Janet Napolitano. The letter implies that the utilization of the SPOT program is an inadequate, exploitative utilization of residential observation. As indicated by the Governmental Accountability Office, about fifty thousand individuals were recognized by the program and short of what one-hundredth of these individuals were captured, none of them being fear mongers. Another issue that she proposes has happened because of the utilization of this program is racial profiling. Berry briefly elucidates the insufficiency of the program and uses GAO insights to help her cases. In exposing Muslims to additional inquiries and examination, we adequately legitimize unfair approaches (1). Any individual who professes to be a supporter for social fairness ought to be eagerly restricted to such an activity. One slip-up that we ought to maintain a strategic distance from when talking about such issues, is consigning humankind to a reflection. These are genuine individuals that are by and large contrarily profiled, only based on their skin shading or statement of faith. At the point when I was in secondary school, I was a piece of an arrangement banter group that contended across the country. There was a colleague another school who was Sikh. At whatever point the group would utilize air travel, he would be halted at the TSA checkpoint and guided into another room by security authorities. They would address him as a major aspect of "ordinary procedure." Oddly enough, none of different individuals from the group were ever addressed as a piece of this "typical procedure." While he never felt explicitly compromised by the scrutinizing systems, it was baffling that he was constantly profiled in such a negative way. Regularly it takes a specific nearness to an issue with the end goal for us to feel committed to act. The TSA ought to end the utilization of the SPOT program, as it has been considered inadequate and destructive to certain ethnic and strict gatherings. This issue is relevant to everyone perusing this paper. Your private data is being gathered and utilized trying to control and control the populace. The utilization of clandestine decoding programs is exploitative and unlawful. In any case, Jack Balkin contends in "The Constitution in the National Surveillance State" that we have to recognize the cold hard reality and comprehend that it isn't up to us whether the administration reduces its household observation. The observation state is inalienable, and keeping in mind that it might be illegal, it is inescapable. While psychological warfare is an oft-refered to purpose for observation, the most relevant avocation is really the mechanical world where we live, and its capacity to give private substances interminable information assortment (4). Facebook was as of late involved in an embarrassment with Cambridge Analytica in which there was esteemed to be a blatant abuse of the individual information being utilized to impact political crusading at home and abroad. The utilization of observation isn't constrained to open substances: Private partnerships are inherently trapped in this issue, and there ought to be an expanded official or congressional order in directing their abuse of private information assortment. The United States government ought to generously diminish its utilization of residential observation by dissolving current incognito decoding projects and the SPOT program, alongside expanding the guideline of individual information assortment inside the private part. 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