Priorities of Ford Motor Company Essay Example | Topics and Well Written Essays - 1000 words

Priorities of Ford Motor Company - Essay Example From among the enumerated criteria, Ford Motor Company should use measures of value, priorities, and importance of elements to decide which of the four listed options is best. The measures of value should use a cost-benefit analysis of all the options and select the option that would maximize profits. Means of judging would determine the capacities of the decision-makers (board of directors or the president) in arriving at the chosen alternative or courses of action. Priorities would set the tone of the recommendations depending on short-term and long-term plans of the company. Finally, the importance of elements would incorporate internal resources (personnel, union, and policies, among others) and external factors (competitors, markets). If market conditions can and do change, Ford Motor Company should build-in flexibility to back-up its decision-making process by considering the following approaches: design back-up plans for courses of action that are opted to be second-best alter natives. For example, if the goal of the company for the short-term is to cut-down on losses, the alternative courses of action would focus on cutting down on costs and in streamlining operations. However, if demand for cars suddenly increases due to an economic boom, then a backup plan should consider giving personnel incentives (overtime pay) for requiring them to work excess hours to meet increases in demand. Focus on research and scanning the environment to anticipate changes and incorporate deviations from actual plans at specified time frames. For example, if the long-term plan is to close down the plants that produce trucks and SUVs within two years, but an increase in demand is seen due to growths of emerging markets in Asia (particularly China) within two years, then, the long-term plan of closing the identified plants could be delayed, as needed.  

Assignment on Lung Cancer Example | Topics and Well Written Essays - 750 words

On Lung Cancer - Assignment Example These research findings are very important since they negate the long-held perception that nicotine is fundamentally the cause of lung cancer. The specialty of these research works is that they have separately found the effect of years of smoking and that if genetic variants on an individual’s risk of getting lung cancer. Knowledge of the results obtained from these studies may be utilized in the development of more effective drugs and treatment options for the smokers. â€Å"We are all impatient for drugs that can cure cancer no matter when and where we find it† (Phelps, 2012). Findings of the research done by the team in Iceland also found that have specific gene variants even increases the addiction for nicotine in some smokers, which increases their susceptibility to getting lung cancer. ... â€Å"It is imperative that government agencies, the research and funding community, health systems and insurers, community leaders, schools and families all take steps now to cut tobacco’s rural roots [since more rural than urban population falls prey to it]† (â€Å"Cutting Tobacco’s Roots†). For those who continue taking the risk, drugs blocking nicotine might prove useful as nicotine is what triggers their chances of acquiring lung cancer. Nicotine in cigarettes increases the susceptibility of smokers with predisposition to lungs cancer to risk of this disease. I hate smoking and I have objective reasons for doing so. I totally agree with (Park) when she says, â€Å"we already know the best way to prevent [lung cancer] - by not smoking in the first place† (Park). Nothing comparable to that†¦ We were 8 family members in total including my mother, my father, my sister Lisa, my sister Mary, my eldest brother George, second to him was Martin, th en I, and in the last my brother Red. I have lost my mother and both sisters at the ages that are not very suitable and a bit too early considering the average age of death for women in our country. When my mother died, she was 52 years old. My sister Mary died and 40 whereas Lisa died at the age of 36 years. She was not even married and was heading towards her marriage. On the other hand, my father, George, Martin, I, and Red are aged 70, 56, 52, 49, and 45 respectively, and we are all not only alive but also in perfect health. One thing that was common among my sisters and mother was that they were smokers and surprisingly, one thing that is common among my father, George, Martin, I, and Red is that none of us smokes. My mother, my sisters, my father, my brothers and I all have been living