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Essay / Research Paper Abstract
A 5 page solution to a situation facing a new-hire at a company which manufactures therapeutic medical devices. The new-hire has been instructed to misrepresent their volume needs to an outside provider with the intent of canceling the order after the smaller volume which is really needed had been obtained. Although the supervisor sees this as the only means of obtaining the small quantity of specialized tool upon which company survival rides (a volume which the outside firm could not feasibly produce with any profitability for themselves), the new-hire recognizes that misrepresenting his company’s intentions to another company would not only be a sure way of gaining an even worse industry reputation than what his new company already had but quite possibly immerse the company in a costly and counterproductive legal proceedings. The new-hire figures out an alternative approach which preserves both his personal ethics and his company’s reputation. No sources are listed.
Page Count:
5 pages (~225 words per page)
File: AM2_PPbusAny.rtf
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Unformatted sample text from the term paper:
1. Problem Definition McDevice Company, the manufacturer of therapeutic medical
devices, is a subsidiary of HealthCare Corporation. The company has been in operation slightly over sixty years but recent years have shown a decline in company profitability. The
company was, in fact, facing certain closure if performance did not improve. To effect such an improvement management realized that they had to break into new markets and develop
or acquire products to fulfill those markets. Part of McDevices proposed solution to this decline is bringing new blood into the company. That new blood has come in
the form of Jim Liss. Liss has been hired on as a new manager at McDevice. His brief time with the company, however, does not give a true
idea of his value. Liss has twenty-four years experience under his belt as a purchasing professional in two separate firms occupying the same industry as McDevice.
Liss was recruited by McDevice to improve its own purchasing performance and its image. McDevices intent for Liss included both intracompany pursuits and
as a key in relationships with the companys outside vendors. McDevice had numerous relationships with outside vendors of raw materials, packaging materials, and pre-fabricated components which would be integrated
into McDevices own therapeutic medical devices. Liss was also slotted for buying completed products from other manufacturers which would then be destined for resale under the McDevice label.
Liss had a considerable job ahead of him given McDevices declining sales and earnings over the previous five years. The situation was even further complicated by the apparent lack
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