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How do the 5 Factors of Production impact the considerations of business operations?


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ASSIGNMENT 1 Business operations is the engine that runs the business. Businesses have much to consider when expanding operations and in today’s climate these same considerations hold true as businesses look to improve operational efficiencies. This CTV News article looks at the grain industry “Grain handlers spending big as Canadian crops set to feed more of the world” http://www.ctvnews.ca/business/grain-handlers-spending-big-as-canadian-crops-set-to-feed-more-of-the-world-1.3593234 . I selected this article because of the number of stakeholders that influence this industry and their operations that depend on one another. We know that technology is impacting businesses in every industry in several different ways. We have come so far in the last 300 years of the industrial revolutions. This Globe and Mail article “The top trends that will influence business in 2017” https://beta.theglobeandmail.com/report-on-business/careers/leadership-lab/the-top-tech-trends-that-will-influence-businesses-in-2017/article33949374/?ref=http://www.theglobeandmail.com&; shares some of the current day trends … can you even imagine what they will be writing about in 20 years from now? Your assignment should include: 1.) How do the 5 Factors of Production (Chapter 1) impact the considerations of business operations? 2.) What predictions do you have for technology in the restaurant industry operations? ASSIGNMENT 2 People are our greatest resource in business. However, with people, there are many challenges that businesses face while managing their greatest resource. This article from the Globe and Mail, is an opinion article “Is a 21st-century model of labour relations emerging in Canada” that shares some of the considerations business managers are facing. Our workforce is highly diverse: multi-generations, multi-cultural, genders, personalities, etc… As a result, employees are all motivated differently. This article in Harvard Business Review “The Problem with Rewarding Individual Performers” provides leaders tips on addressing the challenge of managing motivation in the workplace. Your assignment should include: 1.) What are the top 5 challenges facing Human Resources managers in Canada and what recommendations do you have for managers managing your generation? 2.) What motivation theory from chapter 9 do you support the strongest and why? Grading Criteria Text Book Theory Essay does not have any in-text citations from the text book 0points Essay includes in-text citations from the text book. 1points Essay includes meaningful in-text citations from the text book that relate to the topics covered and show a strong understanding of the concepts. 2points Academic/Industry Research Essay does not have any in-text citations from industry articles or academic research 0points Essay includes in-text citations from industry articles or academic research. 1points Essay includes meaningful in-text citations from industry research or academic research that relate to the topics covered and show a strong understanding of the concepts. 2points Personal Thoughts and Opinions Essay does not have any personal thoughts and opinions. 0points Essay includes personal thoughts and opinions. 1points Essay includes meaningful personal thoughts and opinions that relate to the topics covered and show a strong understanding of the concepts. 2points Grammar & Mechanics Spelling, punctuation, and grammatical errors create distraction, making reading difficult; fragments, comma splices, run-ons evident. Errors are frequent. 0points Most spelling, punctuation, and grammar correct allowing reader to progress though essay. Some errors remain. 1points Essay has few spelling, punctuation, and grammatical errors allowing reader to follow ideas clearly. Very few fragments or run-ons 2points Essay is free of distracting spelling, punctuation, and grammatical errors; absent of fragments, comma splices, and run-ons. 3points Plagiarism All of the following are considered plagiarism: turning in someone else’s work as your own copying words or ideas from someone else without giving credit failing to put a quotation in quotation marks giving incorrect information about the source of a quotation changing words but copying the sentence structure of a source without giving credit copying so many words or ideas from a source that it makes up the majority of your work, whether you give credit or not (see our section on “fair use” rules) Most cases of plagiarism can be avoided, however, by citing sources. Simply acknowledging that certain material has been borrowed and providing your audience with the information necessary to find that source is usually enough to prevent plagiarism. Source: http://www.plagiarism.org/article/what-is-plagiarism Any plagiarism on the essay will result in a 0 for the whole essay 0points There is no indication of plagiarism and all references are provided in APA format. 1points Professionalism Essay is not presented in a professional format, 0points Essay presented in a professional format. 1points Followed Instructions More than one of the instruction details are not followed in completing and submitting the assignment. 0points All instruction details are followed in completing and submitting this assignment. 1points


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