Option #1: The Complete Procurement Management Process

NOTE: This option will focus on procurement from the procurement management perspective and will include discussion and analysis of project management.

For this option, you will write a paper presenting a complete procurement management process. The paper will be based on the procurement practices of an organization you have researched. The elements you must include are:

1. Requirements – Planning the procurement
2. Requisitions – Conducting the procurement
3. Solicitations – Requesting seller response
4. Awards – Selecting sellers
5. Administration
6. Contracts, Incentives and Risks
7. Quality and Closure

You are building on the work you’ve completed in the discussion forums and Critical Thinking Assignments. Be sure to incorporate feedback you have received along the way.

Your paper must have:

• An introduction. Use your introduction to summarize and define your topic, including a clear statement of the procurement goal.
• A discussion or body that must include:
  • A discussion of the implications of proposed solutions for procurement and contracts.
  • A discussion of how procurement works within project teams to facilitate the needs of projects.
  • Your evaluation and conclusions regarding possible methods of managing or addressing the problem raised by your opinion on the issues (supported by research). Relate your paper to larger (broader) procurement and contract management issues as found in the course readings.
  • Current, relevant research from at least six to eight credible sources that are not used as readings in this course. At least three references must be peer-reviewed, scholarly sources, and the rest may be trade or professional procurement management sources. You may certainly use your textbook and course readings, but these do not count as part of the required six to eight sources. The CSU-Global Library is a good place to find your resources. Cite and reference all sources used.
  • The paper is expected to provide a thoughtful analysis on the topic. You are encouraged to add your own opinions, but these should be carefully considered and supported by evidence or outside rationale.
• A conclusion.

Can you please make it 11

Paper should be 10 to 11 pages in length (not counting the cover and reference pages that you must include) and conform to the CSU-Global Guide to Writing and APA Requirements.

Thanks in advance for all your help, please follow the instructions in the assessment instructions below:

Overview

Complete a 3-part assessment that requires you to think critically to categorize business transactions, apply knowledge about the accounting equation, and identify accounting conventions for business scenarios.

This assessment was designed to enhance your understanding of the foundation of accounting procedures and processes.

Competency 1: Define accounting and its application to accounting principles.By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

• • Analyze how each business transaction affects the accounting equation.
• Competency 2: Apply accounting cycle strategies to manage business financial events.
  • Apply calculations to determine the solution for accounting equation scenarios.
  • Analyze accounting scenarios to determine the appropriate accounting convention using ethical decision making.

  Context

  Accounting is often called the language of business, and rightfully so, because all business organizations set up an accounting information system to communicate data to help individuals make better decisions. These individuals are members of two important groups: external users and internal users.External users represent a group that is not directly involved in running an organization. However, they are invaluable to the smooth running of the organization’s moving parts. They are shareholders, lenders, customers, suppliers, regulators, brokers, and the media. This group is characterized by its need for financial accounting data.Internal users of accounting information are those directly involved in managing and operating an organization. This group is characterized by its need for managerial accounting data.

Questions to Consider

To deepen your understanding, you are encouraged to consider the questions below and discuss them with a fellow learner, a work associate, an interested friend, or a member of the business community.

• What are five terms that you consider to be associated with assets (what a business owns)?
• Consider each term and why it should be included as an asset in a business organization.

Assessment Instructions

This assessment includes three parts. Use the Assessment 1 Template, which is an Excel workbook and is linked in the Resources under the Required Resources heading, to complete all three parts. You will find each of the three assessment parts under a separate worksheet in the template.

Part 1: Basic Accounting Equation Effects

Count everything, or almost everything. Just about every event that happens in a business results in changes to the assets, liabilities, or equities. For this reason, it is critical for the accountant to analyze how every business event affects the basic accounting equation, and how every event must be managed. Part 1 of the assessment is a good test of your critical thinking skills as you apply them to the components of the accounting cycle, in particular the basic accounting equation for the balance sheet.

Given below is a list of 15 business transactions. Using Part 1 of the Assessment 1 Template, indicate whether each transaction increased (+), decreased (–), or had no effect (NE) on assets, liabilities, and owner’s equity.

1. Purchased supplies on account.
2. Received cash for providing a service.
3. Paid expenses in cash.
4. Received an investment of cash from the owner.
5. Experienced a cash withdrawal by the owner.
6. Received cash from a customer who had previously been billed for services provided.
7. Paid cash to purchase equipment.
8. Paid employee salaries.
9. Paid a creditor from whom the business had previously purchased supplies on account.
10. Sold new shares of stock.
11. Paid cash for monthly rent on the office space.
12. Paid cash for monthly utility bills.
13. Performed services on account.
14. Made a payment on a loan received from the bank.
15. Purchased for cash merchandise that will be later resold for profit.

Part 2: Missing Accounting Equation Data

The accounting equation requires that it always be kept in balance after a business transaction has been processed. This requires the accountant to have applied knowledge of all parts of the equation and to be able to critically analyze when the equation is not in balance. Part 2 of the assessment provides you an opportunity to apply your accounting equation intelligence quotient.

Using your knowledge about the accounting equation, answer the following questions in Part 2 of the Assessment 1 Template. Be sure to show your calculations.

1. The liabilities of the Smith Company are $120,000 and its owner’s equity is $232,000. What is the amount of the company’s total assets?
2. The total assets of the Jones Company are $190,000 and its owner’s equity is $91,000. What is the amount of the company’s total liabilities?
3. The total assets of the Greene Company are $800,000 and its liabilities are equal to one-half of its total assets. What is the amount of the company’s owner’s equity?
4. Beginning the new year, the Orange Company had total assets of $800,000 and total liabilities of $300,000. If total assets increased by $150,000 during the year and total liabilities decreased by $80,000, what is the owner’s equity total at the end of the year?
5. Beginning the new year, the Orange Company had total assets of $800,000 and total liabilities of $300,000. If, during the year, the Orange Company’s total liabilities increased by $100,000 and its owner’s equity decreased by $70,000, what is the company’s ending amount of total assets?
6. Beginning the new year, the Orange Company had total assets of $800,000 and total liabilities of $300,000. If total assets decreased by $80,000 and its owner’s equity increased by $120,000 during the year, what is the company’s year-end total liabilities amount.

Part 3: Accounting Conventions and Principles

Accounting conventions represent the principles, assumptions, and rules that guide an accountant as he or she analyzes the effects of business events on the accounting cycle and applies them to various cycle procedures. Part 3 of the assessment requires you to determine which of these conventions apply to a given business scenario to enhance your understanding of the foundation of accounting procedures and processes.

Using Part 3 of the Assessment 1 Template, identify the applicable accounting convention for each of the following business scenarios. More than one convention may apply to each scenario. Explain your choices for each scenario.

Before completing the scenarios consider and describe what role ethics has throughout the accounting process and reporting to internal and external customers. Throughout your assessments ensure that you apply ethics to your decision making and reporting.

• Scenario 1: The Acme Company is undergoing a reorganization to improve its financial structure. As part of this process, the company is considering lowering its expense calculations to improve the bottom line net income.
• Scenario 2: Regal Enterprises has purchased $45,000 worth new equipment for use in its manufacturing operations and would like to write off the cost of this equipment in just a couple of years, instead of the usual 10 years for this equipment type. The company’s president fears that the economic conditions in its industry will worsen and cause the company to sell the equipment sooner than expected.
• Scenario 3: Bozrah Industries, a small independent retailer, wants to change its accounting system from cash-based to accrual-based, and is concerned about how this change will affect the recording of sales and expenses.
• Scenario 4: Randolph, Inc., has experienced major turnover in its accounting department, and the new head of accounting has been going through the current records of transactions. A couple of those transactions appear problematic. The first contains an error of $10,000 that the previous accountant decided was not large enough to adjust before the financial statements were prepared. This error would understate income and make the company look more profitable than it actually is.
• Scenario 5: The Morrison Company receives much of its revenue from those customers who buy or rent furniture and appliances on the installment plan. Because the company uses an accrual-based accounting system, revenue is recognized at the point of sale, even though cash comes in on a monthly basis from customers. Lately, the company’s accountant is questioning the use of the accrual basis for recognizing revenue, because several customers have defaulted on their contracts, causing problems in the accounting system.
• Scenario 6: Charter Communications has recently found itself at the wrong end of multiple lawsuits for failure to provide necessary services according to their contractual obligations. Senior management does not want to disclose the potential liability of these lawsuits on its financial statements.

Submit the Assessment 1 Template with all three parts completed.

Directions: Using what you learned in the outlining lectures, complete a working outline for your Introductory speech. to remind yourself of the outline information you can go back to Lecture: Working Outline vs. Speaking outline

The speech you are preparing for will be between 1-2minutes. Your outline should include three main points about yourself (Three hobbies or three things that influence who you are would be examples). Just choose any three things you wish to share with us and that help us get to know you better. You do not have to pick the same three types of main points in the example, but you can use them. I include the example outline below for reference purposes.

You are not writing out your speech, rather you are doing an outline of your speech. For an example of how you can format your speech click below:

RevisedExample Working Outline (2).docx

You can also find your outline example simply by hitting the “previous” button below

This is the format of all your working outlines even if the speaker’s purpose changes. If you do not follow the example exactly you will receive half credit, you can revise it and turn it in as many times as you need to during the course to get full credit for turning it in the correct version. Pay attention to all the parts of the outline.

2-Directions: Using what you learned in the outlining lectures, complete a working outline for your Introductory speech. The speech you are preparing for will be between 1-2 minutes. Your outline should include three main points. They do not have to be the same main points given in the example. You can choose any three things you wish to share with us. You do not have to pick the same three main points in the example, but you can use them. I include the example outline below for reference purposes.

Example of Working outline (self-Introduction Speech)

General Purpose: To inform

Specific Purpose: To inform my classmates about what has made me who I am.

Introduction: Have you ever thought about what made you? I have. My name is Jennafer, and I would like to tell you a little bit about the things that have made me who I am. When I look back, I realize that being from a small desert town, growing up next door to my grandparents, and deciding to get an education all to make me who I am (this is the thesis).

[Transition: The first thing that shaped me was growing up where I did.]

Body

1. I grew up in a small desert town.
2. I knew many people in this small desert town, which made me value the community.
3. Those of you who grew up in the desert know how hot it can be, so I learned to love warm, dry weather and to hate being cold.
4. I also don’t think many people can say they grew up with dirt roads.

[Transition: Another thing that shaped me was spending lots of time with my grandparents]

1. I lived next door to my grandparents growing up.
2. My Grandma taught me to love reading and to bite my tongue and think before you speak.
3. My Grandpa was a mechanic who taught me to be curious about how things work.
4. Not many people get to spend so much time with their grandparents, and I value the lessons I learned.

[Transition: Lastly, education is an essential piece in the puzzle that is me]

1. Like you, I was a student at Barstow Community College, where I received my Associates in Humanities.
2. After getting my degree from Barstow, I transferred to the University of California Riverside, where I studied theatre and discovered I didn’t want to be an actor.
3. When I decided to go to graduate school, I choose California State University.

[Transition: So today, I have given you a little insight into who I am.]

Conclusion: As you can see, there have been many influences in my life that have made me who I am today. There are even more, but I can only fit so much into two minutes. What I will say is that who I am is looking forward to getting every one of you.

Use the Revised Example Working to help you format your outline.

You can find it here:

Revised Working outline

Have been employed as business analyst by large multinational organization (refer to assignment 1 organization) to analyses the current environmental factors that influence or impact your organization.

FACE BOOK COMPANY

You have been asked to make presentation to the CEO and the Director that covers the following:

1: conduct and present a PESTEL analysis of your organization.

Identify the positive and negative impact that the macro / external environment has on your business operations.

Provide specific examples to support your answer in context of your business.

(Available grades LO 3 – P4)

2: conduct and present a SWOT analysis on your organization.

Identify 1 key strength and 1 key weakness.

Explain and justify how SWOT influence decision making in your organization .

(Available grades LO 3 – P5)

3: Explain how the SWOT (internal) impacts the PESTEL (external) factors discussed in question 1 and 2.

(Available grades LO 3 – P6)

Please not that to obtain a P you most complete Question 1,2 and 3 . ANSWER THE QUESTIONS IN 2000 WORDS

Immigrant Vietnamese women in Australia and other parts of the world have high rates of cervical cancer. The Pap (Papanicolau) Smear Test is a screening procedure to identify incipient cervical cancer.

Your Task:

Please read the following articles/abstracts and then formulate a discussion, 6+ pages, on what are the best ways to promote pap smears, other screening procedures, and health in this group. Also, comment on communication issues that have to be taken into consideration when delivering a health message to Vietnamese women. You can also use the knowledge on cultural competence you acquired in Module 1.

Do, H.H., Taylor, V.M., Burke, N., Yutaka, Y., et al. (2007). Knowledge about cervical cancer risk factors, traditional health beliefs, and pap testing among Vietnamese American women. Journal of Immigrant and Minority Health, 9(2), 109. (Abstract only).

Houston H.R. (2002). Health care and the silent language of Vietnamese immigrant consumers. Business Communication Quarterly, 65(1), 37. (Abstract only)

Mock, J., McPhee, S.J., Nguyen, T., Wong, C., Doan, H., Lai, K.Q., et al. (2007). Effective lay health worker outreach and media-based education for promoting cervical cancer screening among Vietnamese American women. American Journal of Public Health, 97(9), 1693-1700.

Nguyen, T.T., McPhee, S.J., Bui-Tong, N., Luong, T., Ha-Iaconis, T., Nguyen, T., et al. (2006). Community-based participatory research increases cervical cancer screening among Vietnamese-Americans. Journal of Health Care for the Poor and Underserved, 17(2), 31-54.

Please use all four articles and/or abstracts. Additional references are optional. Make sure to cite all references properly.