Integrative Thinking Practicum

In: Business and Management

Submitted By edharmesh
Words 795
Pages 4
Background
Yamaha Corporation is a 125-year-old musical instrument maker headquartered in Japan. Yamaha Canada Music Ltd. is a wholly owned subsidiary and is responsible for promoting and selling Yamaha instruments in Canada. Yamaha is the largest instrument manufacturer in the world. It is also the prominent brand in this country. Despite this, challenges are plenty in the Canadian market.
This paper will take a first look at a particular challenge related to Long & McQuade (L&M)—the largest retail chain in this country. The following are some important characteristics of L&M: 1) it prices aggressively versus other instrument dealers; 2) it buys up other dealers at an alarming rate, recently even breaking into the Quebec market—a market that had traditionally eluded it; 3) as the largest chain, it has tremendous buying power; 4) it owns or distributes a number of popular musical instrument brands which compete directly with Yamaha.
Problem
Like any good portfolio, Yamaha’s dealer network is most fruitful when it contains some diversity. From a risk management perspective, it is dangerous to rely on just L&M for growth in the future. Furthermore, since L&M pushes its own products on the sales floor more than Yamaha’s, it is believed Yamaha’s market share erodes every time L&M expands through acquisition (its favourite mode of expansion). Yamaha is the only musical instrument manufacturer with a Canadian head office and independent distribution network. It is also the only manufacturer with a full-time Canadian sales force which visits all of its dealers on a regular basis to train, promote, consult and interact. All of this costs a lot of money. The problem is: how should Yamaha deploy its sales force to maximize long term growth? Should it invest in its relationship with Long & McQuade as its most important retail…...

Similar Documents

Ese Practicum

...ESE3940 The school I have the privilege of observing for my practicum is Lyons Creek Middle School. It is located in Coconut Creek, FL and is one of 79 middle schools in Broward School District. Lyons Creek Middle School is a Micro-society business and entrepreneurial magnet school, and operates on a six period schedule, with school starting at 9:30A.M. and dismissing at 4:00P.M. Lyons Creek has an FCAT school grade of "A" for the 2011-2012 academic years. Magnet schools are public schools that offer a specialized curriculum or educational philosophy, often with a specific focus or theme. Magnet schools promote student diversity because they are open to students outside the normal school district boundaries and often attract high caliber students through competitive programs. It is a suburban city school that has a mix diversity of Haitian, Hispanic and American population. The school serves about 2074 students in grades 6 through 8, 100 teachers and has an overall staff of 64 which include clerical maintenance and substitute teachers. DEMOGRAPHIC FOR THE SCHOOL Total 6th grade students | 617 | Total 7th grade students | 788 | Total 8th grade students | 669 | Total number of students | 2074 | Total number of American Indian/Alaska Native students | 5 | Total number of American Indian/Alaska Native students | 92 | Total number of American Indian/Alaska Native students | 370 | Total number of Hispanic students | 643 | Although school begins at 9:30A.M,...

Words: 1244 - Pages: 5

Integrative Thinking

...February 11, 2013 Integrative thinking (guest speaker) (an introduction) What’s going on in the world of business last week? * Blackberry 10 came out * Michael Dell said he wanted to go private * If you buy all the shares, you can make all the decisions * Corporate debt is cheaper right now in any form of financing * UK: Mark Carney fit to become the new chair for the national bank of England How do successful leaders think? * GE (Jack Walsh) * rate of return: $400 billion * first, tell your biz to be really big; second, tell your biz to be really small * too big: too many subsidiaries; can’t use money efficiently * entrepreneurs: more innovated, focus more on growths Model: idealized representation of something; exists to explain something to us * we substitute our models for the original * our models become reality * models matter so much b/c we make our decisions on them; we act overly confidently on them * investors in a stock market think their decisions based on the model * ex: there were strong belief on mortgages, but most of mortgages were toxic * “ninja mortgages”: no income, not job/assets * models actually matter more with interpersonal relations * world naturally builds opposing models * an alternative approach: seek out opposing models; use it for the better consumer goods lives and thrives on new products * P&G not doing a good job ...

Words: 535 - Pages: 3

Practicum I Reflection

...Latricia Blades Practicum I Reflection 3 December 5, 2013 There are several factors that are influential when deliberating over how much a student learns in the classroom such as social status, wealth and family background. Nevertheless, teachers play an essential role in each of their students’ education. It is vital that students seek a continuous pursuit for knowledge, but it is the responsibility of the teachers to provide the guidance needed to succeed. My perception of teaching and learning since the beginning of the semester has not changed because of what I have learned in my classes or what I have observed at Atlanta Neighborhood Charter School. What both experiences have done is confirmed my understanding of teaching and learning as being a challenging yet rewarding process. Teaching the whole student and helping them build on their skills around critical thinking, researching, and the general fusion of written and verbal knowledge in a caring and connected way that teachers need to do constantly but can also be a challenge. According to Brown & Knowles (2007), “As educators, we are obligated and responsible to create curriculum that has meaning” (p. 208) and would help students understand how social and cultural contexts can shape their learning. Teaching and learning are entwined through almost every aspect of life and once students understand and are willing to entangle themselves in both the reward for student and teacher can......

Words: 925 - Pages: 4

Practicum

...Restaurant Practicum Report on (Name of the restaurant) (Exact address of the restaurant) TRAINING PERIOD: November 9, 2009 to February 14, 2010 In Partial Fulfillment of the Requirements for the Course Restaurant Practicum For a Degree in Bachelor of Science in Hotel and Restaurant Management College of International Hospitality Management University of Perpetual Help System - DALTA Alabang – Zapote Road, Pamplona 3, Las Piñas City SUBMITTED TO: Mr. Wendell B. Aguirre Professor SUBMITTED BY : Mr. Juan Dela Cruz SUBMITTED ON: February, 2010 TABLE OF CONTENTS Title Page ……………………………………………………………… i Table of Contents ……………………………………………………………… ii List of Tables ……………………………………………………………… iii List of Figures ……………………………………………………………… iv List of Pictures ……………………………………………………………… v Preface ……………………………………………………………… vi Acknowledgment ……………………………………………………………… vii Page CHAPTER I: Institutional and Operational Background History of the Restaurant x General Location x Philosophy, Mission and Vision x Organization Chart x Job Description x Job Specification x Job Breakdown x Standard Operating Procedures x Manpower Requirements x Facilities and Layout x Work Atmosphere x Use of Materials Resources x Safety and Sanitation Procedures and Practices x Outstanding Characteristics x CHAPTER II: SWOT Analysis, Strategic Planning and......

Words: 1556 - Pages: 7

Practicum

...______________________________ SAP adviser Signature ATTACHEMENT C FEU - CAVITE Department of Hotel & Restaurant/Tourism Apprenticeship Agreement Form Guidelines and policies must be understood and agreed to at the outset. 1. Any students enrolling in a practicum within the department must attend a MANDATORY ORIENTATION prior to the semester in which the practicum will be taken. The orientation will generally be planned before the end of the first semester. 2. The practicum site will be assigned by the practicum supervisor or chosen by the practicumer. In the latter case, s/he has to request for a formal approval from the practicum supervisor. The School/Program Coordinator will advise and assist with job placement. 3. Student enrolled in the practicum must obtain training/employment at least three weeks after the start of semester. There are NO EXCEPTIONS 4. An admitted practicumer should abide by the rules and regulations set forth by the institution / company where s/he is undergoing internship. 5. Students are required to report once a week to the Practicum adviser. 6. Students must maintain and submit a weekly report of their work related activities to the practicum adviser. Weekly Submission 7. Employer/supervisor evaluations during the term are required. PER will be given by the department to the partner company at least thrice in the duration of training. 8. In case of dismissal, lay off or any other condition that leads......

Words: 701 - Pages: 3

Practicum Action

...Practicum Action EDA 577 November 26, 2014 According to state assessments for the past five years the results indicates a minimal academic progress with our ELL students. Our ELL population scores have been detrimental to our annual yearly progress year after year. Not only have our ELL students have shown slow growth academically but also have shown very slow acquisition of the English language. It is fundamentally necessary that a school improvement plan is put place so that the administrator and the collaboration of all stakeholders can implement skills and strategies that will promote the academic achievement of our ELL students. Background: Cesar Chavez Elementary is located in the southwest corner of Arizona in the town of San Luis, Arizona. The community of San Luis a border city with its sister city of San Luis Rio Colorado, Sonora. In this community is 97% Spanish speaking. Cesar Chavez Elementary services 789 students with a 42% ELL population. Our school like any other school in Arizona is under a mandate that all ELL students are required to have a four block of English instruction. This mandate might be beneficial in other schools. In our school we have ELL classrooms with an average of 33 students per classroom. Our school is a title I school which receives funds from the federal government. It also receives extra funding for every ELL students that is enrolled in our school. The concern is that even before we received budgetary cuts we are still......

Words: 955 - Pages: 4

Practicum

...PRACTICUM REPORT on MARSMAN DRYSDALE TRAVEL INC. 19th Floor Robinsons Summit Center 6783, Ayala Avenue Makati City In partial fulfillment of the requirements for the course Bachelor of Science in International Travel and Tourism Management Lyceum of the Philippines University College of International Tourism and Hospitality Management Intramuros, Manila SUBMITTED TO Prof. Ana Marie B. Yulo SUBMITTED BY Mary Joyce P. Villanueva #93-H Padrinao Street, Karuhatan Valenzuela City SUBMITTED ON June 2015 April 6,2015- June 2015 TABLE OF CONTENTS I. Introduction * The Company * The Management * Organizational Chat * Travel Management Team * Mission Statement of the Company * Objectives of the Company II. Discussion of Findings/Analysis/Recommendation I. INTRODUCTION The Company Marsman Drysdale Travel Inc. Is one of the companies under the Marsman Drysdale Group and is the leading travel and tour company in the Philippines. It is Organize in 1975 in response to the government’s call to develop the emerging tourist industry back then. Marsman Drysdale Travel Inc. has since grown to be recognized in providing excellent corporate travel management services as well as handling top quality Philippine tours With headquarters within the Makati business district, the company has two operating divisions; Inbound which caters to leisure and incentive tours within the Philippines; and Outbound which caters to the......

Words: 782 - Pages: 4

Practicum Report

...Practicum REPORT The culmination of the student’s practicum training is the preparation of their individual practicum report. This report will contain a summary of what was learned in their training hotel/restaurant, and an analysis of the procedure coupled with the appropriate recommendations. A. Suggested Outline 1. Title Page Center type on the first page the following: 8th line : “PRACTICUM REPORT 10th line : “on” 11th line : NAME OF Practicum Training Institution 12th line : Address of practicum training institution 20th line : “In partial fulfillment of the requirements for the course” 22nd line : indicate program enrolled 24th line : “Lyceum of the Philippines University 25th line : “College of International Tourism and Hospitality Management” 26h line : “Intramuros, Manila” 30th line : “SUBMITTED TO” 31st line : Name of Practicum Faculty 34th line : “SUBMITTED BY” 35th line : Complete Name of Student 36th line : Address 40th line : “SUBMITTED ON” 41st line : date of submission 42nd line : TRAINING PERIOD (inclusive dates) All phrases enclosed in quotation marks should be printed as is, and the correct information should be given for the others. 2. Table of Contents Indicate all major sections or chapters, and appropriate paging. All Chapter headings should be......

Words: 968 - Pages: 4

Practicum

...requires hands-on experience on the side of the learner. It is a topic that required the teacher to provide all the necessary materials for the success of the learners. The teacher needed not to explain the theory part of it but also the practical and so there was need to make learners see the effect of magnets on electric currents. Due to the lack of the model in the physics laboratory, it led me to come up with this project that facilitated the teaching and learning of Physics. In fact, the project was used to illustrate current into and out of a conductor. This project developed critical thinking in learners and eventually promoted potential performance. 1.3 IMPORTANCE OF THE PROJECT 1) The project developed scientific skills of the learner hence improved performance. 2) The project stimulated learners’ interest in learning Physics. 3) The project developed critical thinking of learners. 4) The project stimulated learners’ visualization of the Flemings’ left hand rule. 5) The project motivated learners towards learning Physics since the model was portable and visible to all learners. 6) The model was good for stimulating hands-on experience especially on the side of the learner. 7) The project was also very vital during revision. 1.4 OBJECTIVES OF THE PROJECT The objectives of the project were; * To assist the learner to know how to connect dry cells in series. * To assist the learner to explain force between......

Words: 1348 - Pages: 6

Practicum

...PRACTICUM REPORT on SHIELD PRO REVIEW AND TRAINING CENTER 3rd floor Traders square bldg P. Burgos St. Naga City In partial fulfillment of the requirements for the course Marketing practicum University of Nueva Caceres College of business and accountancy J. Hernandez Ave., Naga City SUBMITTED TO Atty. Kristoffer Balbastre SUBMITTED BY Eymard T. Roda 321 Abella, San Roque St. Naga City SUBMITTED ON October 5,2015 June 15 - July 31, 2015 TABLE OF CONTENTS INTRODUCTION Shield Pro Review and training Center is located at 3rd floor Trader Square Bldg. P. Burgos St. Naga City. it is a review center for national and board exams specially in nursing licensure examination. they also conduct a review in LET exams for education graduates and national civil service exam. they also conduct trainings and seminars. Shied Pro Review and Training Center Mission, Vision and Philosophy Mission To provide quality and affordable review and training programs, seminars, and workshops that will effectively prepare learners towards a successful licensure examination, personal and spiritual growth, career and professional development. VISION Shield Pro Review and Training Center is the premier institution that serves to help learners make a positive institution that serves to help learners make impact to their family, workplace, community and country as holistically prepared board exam passers and top notches and catalyst of......

Words: 568 - Pages: 3

Integrative Paper

...Integrative Paper How Does “The Heart of Change” Influence My Behavior as a Manager 

 Integrative Paper: How Does “The Heart of Change” Influence My Behavior as a Manager? Even with clear observations of significant resistance to change, changes can be made successfully using a systematic approach. In The Heart of Change: Real-Life Stories of How People Change Their Organization, the authors present Steps 1-8, a systematic approach that will surely reap change effort benefits. The following paper addresses two questions for each of the step identified in The Heart of Change. 1. How does the theme and reasoning influence your expected behavior as a manager? 2. How does the theme and reasoning influence your expected behavior as a manager?  I truly love change if the need is there for a change in order to move a person or an organization forward. Through readings in the textbook, including real-life examples for implementing change, each of the questions are addressed regarding how I will change my own line of thinking when it comes to change, and becoming the change agent for my organization. Step 1: Increase Urgency 1. For the most part, the theme and reasoning presented in Step 1 was a refresher for me as a manager. One of our operating mottos within my department is “act with speed”. I promote this throughout my team and drive examples home every chance I get when one of my people drop the ball. Implementation of this act with speed behavior was not easy......

Words: 3226 - Pages: 13

Integrative Paper

...Integrative Paper Kotter and Cohen’s The Heart of Change Ivancevich, Konopaske and Matteson’s Organizational Behavior and Management Introduction Kotter and Cohen’s The Heart of Change is written with the premise that “people change what they do less because they are given analysis that shifts their thinking than because they are shown a truth that influences their feelings” (Kotter and Cohen, p. 1). This is an extremely powerful message and important for organizations to understand if they are going to be successful at implementing a large-scale organizational change. The Heart of Change describes how companies can effectively transform their organization to better succeed in the constantly changing, turbulent society we live in today. Kotter and Cohen’s strategy for successful reorganization is described in an eight-step process. Ivancevich, Konopaske and Matteson’s Organizational Behavior and Management, builds on the ideas presented in The Heart of Change by giving a more in-depth explanation of organizational behaviors, processes and changes. Both of these readings offer a better understanding of how shifting the behaviors and emotions of an organization’s employees is essential in succeeding at organizational change. Discussion Step one of Kotter and Cohen’s The Heart of Change is the most significant of all eight steps. Step one involves the need to create a sense of urgency throughout the workforce to begin the process of organizational......

Words: 2182 - Pages: 9

Practicum Report

...The practicum report is an integral part of the Bachelor of Science in Hotel and Restaurant Management (BSHRM) of the Dominican College of Tarlac (DCT). It is intended to provide students learning experiences and the application of knowledge and skills in hospitality industry settings. The practicum is a co-operative education which aims to achieve an effective blend of classroom study and off-campus work experience in hospitality-related industry. The goal of the practicum is to prepare the student for competent and responsible practice. A successful practicum is one that achieves that goal. The BSHRM of the Dominican College of Tarlac considers the practicum training to be among the most important professional preparation activities in which BSHRM students participate. Practicum experiences are intended to allow students to synthesize, apply and refine knowledge and skills learned in their academic experiences. In addition, practicum experiences are one of the primary ways in which department faculty members can observe and evaluate the skills of the student. Because of the importance of students’ practicum, the Department requires the student-trainee to prepare a narrative report of his practicum experiences in hospitality industry. This report was based on the student’s training experience at the following establishment: Lewis Grand Hotel during the summer class of year 2015 in Don Juico Avenue Malabanias, Angeles City 2009, Philippines as a prerequisite for the subject...

Words: 262 - Pages: 2

Practicum

...Feedback Report on Practicum Visit 1 Name: Nigel Farrell & Kimberly Changoor School to Which Assigned: Carapichaima East Secondary School Class: Form 4 Date: October 23, 2012 Subject: Principles of Accounts Start with a clean board. There was information on the chalkboard that was irrelevant to the lesson. You could have used the time spent waiting to begin the class, to write objectives on the board and even to start the note that was written on the board. There was no heading given for the note written on the board? Some more examples should be given and extracted from students on 'assets, debtors, creditors ....and these could be written on the board There was good use of a specific example of a business. Reference could be made to that business during the lesson. The information written on the board could have been presented in a tabular format under the heading of 'Classifications of Accounts'. There could be two columns. 'Account type'. 'Examples' Several examples of each type could then be given. Puzzle Activity - groups The white board should have the headings so that the worked exercise could be written for correction. Students will be able to copy the information so that they will have it for review. There is the need to use reminders e.g., creditors and debtors Exercise 2 The same principle should apply where the skeleton is on the board for correction and the answers are noted for students to copy. In......

Words: 335 - Pages: 2

Practicum Report

...Restaurant Practicum Report on (Name of the restaurant) (Exact address of the restaurant) TRAINING PERIOD: November 9, 2009 to February 14, 2010 In Partial Fulfillment of the Requirements for the Course Restaurant Practicum For a Degree in Bachelor of Science in Hotel and Restaurant Management College of International Hospitality Management University of Perpetual Help System - DALTA Alabang – Zapote Road, Pamplona 3, Las Piñas City SUBMITTED TO: Mr. Wendell B. Aguirre Professor SUBMITTED BY : Mr. Juan Dela Cruz SUBMITTED ON: February, 2010 TABLE OF CONTENTS Title Page ……………………………………………………………… i Table of Contents ……………………………………………………………… ii List of Tables ……………………………………………………………… iii List of Figures ……………………………………………………………… iv List of Pictures ……………………………………………………………… v Preface ……………………………………………………………… vi Acknowledgment ……………………………………………………………… vii Page CHAPTER I: Institutional and Operational Background History of the Restaurant x General Location x Philosophy, Mission and Vision x Organization Chart x Job Description x Job Specification x Job Breakdown x Standard Operating Procedures x Manpower Requirements x Facilities and Layout x Work Atmosphere x Use of Materials Resources x Safety and Sanitation Procedures and Practices x Outstanding Characteristics x CHAPTER II: SWOT Analysis, Strategic Planning and......

Words: 1556 - Pages: 7

Halt and Catch Fire | Recomendadas | Eyelash Glam EG Semi-Permanent Mascara Kit - For Eyelash Extensions