Article #2 Profit Maximization

Maximizing Profits that will get you the greatest share holder Value.

 With profit maximation when planning is that you should follow the legal circumstances that will allow to maximize profits or be able to have the largest shareholder value you can produce. In profit maximization you will have gray areas and what gray areas are is when there is serious uncertainty in a situation.

 Dealing with gray areas look at the economics side and not stop there. Approaching the gray areas deal with them by coming up with analysis and according to https://hbr.org/2016/09/the-maximize-profits-trap-in-decision-making “with analysis you will deal with the financial side of it as well.”

Trusting yourself and being able to rely on your judgement will go a long way in the end when dealing with gray areas. Managers will often have to put themselves to make decisions that may affect the employees they work with. In an interview with my teammate Sam Moore he said, “As a future teacher and for all jobs in life I feel like there is gray area in everything.”

Dealing with economics and looking past economics with gray areas. Managers when it comes to organizations is to maximize the economic returns.

The managers that are in an organization do not have to maximize the return to shareholders, this is looking beyond the economics side. https://hbr.org/2016/09/the-maximize-profits-trap-in-decision-making said, “Managers are obligated to be able to server interests to the shareholders and the corporation according to the law.”

The duty of maximizing economic returns has been continuously evolving and what we see in the United States toward the end of the 20th century is a supreme decision principle. In an interview with one of my teammates Abraham Dirkx said, “It portrays the idea and the sole purpose of benefitting the shareholders”

In organization managers will have wide flexibility when accomplishing the interests for the shareholders and the corporation.

Thinking of how in terms to get that long term profit with using profit maximization. According to https://hbr.org/2016/09/the-maximize-profits-trap-in-decision-making said, “ It is a simple, clear, and highly useful criterion for routine decisions in businesses operating in competitive markets and with sound legal systems.”

Being successful you want to have high profits to keep stable and have success in the business world. Do not settle putting your good judgements aside for the economic obligations look beyond economics of the situation.

News Comment #6

The Hall of Fame Green Bay packers Brett Favre is involved the largest public fraud in Mississippi History.

Brett Favre was a former student and football player of the University of Southern Mississippi. When his daughter was apart of the University of Southern Mississippi, Brett Favre pushed government officials to donate welfare money to build new facilities.

University of Southern Mississippi had received $5 million in welfare money from the government. After the money had been sent there was text message proof of a government official telling Brett Favre that misusing the welfare money could be illegal and Brett Favre continued to push for the money.

This article is interesting to me because the person in this case was a former pro football player. I think that maybe Favre could had made enough money during and after pro football career to donate the money himself. Instead of coming up with the money himself he is in the biggest welfare fraud in the state of Mississippi

Pastor Nelson Interview

Pastor Andy Nelson the director of Campus Ministry and Campus Chaplin at Morningside University. Pastor Nelson has been here at Morningside since around 2018.

Pastor Nelson grew up in a little town in Southeastern Minnesota called Redwing, with only about 15,000 people. After high school Nelson then went to a college in Northeast Iowa called Luther college.

The job as Chaplin involves many things and gives Pastor Nelson a lot of things to do around campus. Nelson will help new students with directing their faith and helps facilitate religion and bible studies. With that he will also help connect your faith Pastor Nelson said, “If your faith is important to you however that might be I am here to connect your faith with something that is bigger than you.”

Pastor Nelson likes to remind about your first amendment rights when it comes to your religion practices and your beliefs. You should be able to practice your religion freely and your faith as you choose.

Faith went a long ways for Pastor Andy Nelson as faith is the most important thing in is life. Nelson said, “It shapes how I live my life and the relationships around me.”

The mentioning of faith and how he lives his life Pastor nelson was easily able to mention what he likes doing in his free time. Pastor Nelson likes to go hunting and fishing with his dad in his free time. Nelson also mentioned that he has four children so a lot of his time also involves around him.

Growing up Pastor Nelson was unsure whether he wanted to be a Chaplin. Nelson said “I went back and forth growing up, my family was engaged in our local church. People would mention the possibility of him being a pastor in his church while he was growing.

Summary of Targets Annual Report

The annual report on target is to be able to report the progress of the franchise. There is a convincing letter to shareholders to convince them to buy stock.

This report adds the ways of how target plans to increase their global teams. These ways include increasing starting wages and providing healthcare benefits.

Target has stores that are growing with an increase in the sales. Reported in the annual sale said, “We have locations that grew from 40 million in sales to 50 million or 60 million in the last couple years.”

Targets ways of increasing their global teams with the ways of increasing the wages. Annual Report reported, “Earlier this year, we announced another large investment of up to $300 million to set a new starting wage range of $15 to $24 per hour and expand access to our healthcare benefits for more team members and their families”.

In Class Interview

Today I interview Braeden Paul on his favorite work experiences.

Braeden was had his own business in high school where some of his favorite work experiences happened. Braeden said, ” I was self employed selling barbecue as my own business”

Braeden has his barbecue business in high school where he grew up in Temecula California. Braeden said, “working for cash was the best” when he had his barbecue business.

Braeden goes to Morningside University. His studies are business and marketing, with hopes of owning his own bigger business again one day.

Interviewing random strangers

My first interview was with KJ Williams. How the interaction happened with KJ was that I went from the library down to Bucks our on campus restaurant where I found KJ.

when I approached KJ he was slow to react, but willing to do the interview. KJ also provided with both the objectives on my worksheet.

KJ provided with two quotes for one of my objectives. The quotes said were, ” serving is not what I do it’s who I am” and Someone may not remember what you said to them but that person will remember the impact you made on their life”

My other object was also accomplished in this interview. The objective was to get a creatively bent paperclip.

The next interview I did was with Ethan Owen. I was able to find Ethan in outside the cafe where I’m assuming he was waiting to eat.

I approached Ethan and at first did not seem like he wanted to do the interview and also asked how long it would take. After I told him it would take about only two minutes he was willing to take the short amount of time to do it.

Ethan provided with some quotes, he ended up giving me two of them. The quotes said were, “Things that break your heart fix your vision” and “Those who endure will conquer”.

Article #1 Draft

Nebraska made the choice to fire Scott Frost on Sunday.

The decision to fire Scott had been made after he had started 1-2 this season and lost to Sunbelt conference team Georgia Southern 45-42. After the loss https://www.espn.com/college-football/story/_/id/34571132/nebraska-cornhuskers-fire-coach-scott-frost-starting-season-1-2 reported that Trev Alberts, Said “Earlier today I met with Coach Frost and informed him we were making a change in the leadership of our football program, effective immediately.”

Getting rid of Scott Frost will cost Nebraska the whole 15 million on his contract, instead of waiting until after October 1, where the buyout drop would have occurred. The contract would have went from 15 million to 7.5 million.

There would be negotiations with contract with reported by https://www.cbssports.com/college-football/news/nebraska-fires-scott-frost-cornhus Trev Alberts said, “The contract is what it is.” “There is no negotiated settlement.” This may or may not be a surprise. to some people with this decision.

Scott Frost had a winning record of 16-31, “The second worst among Nebraska football coaches.” The coach to now take over is Associate head coach Mickey Joesph, he will be the coach for the remainder of the season.

After this season the Nebraska Huskers could perhaps be on another coaching search. Mickey Joesph will get his chance during this season to prove that he could be the guy for the coaching spot in Nebraskas search, https://www.desmoinesregister.com/story/sports/college/2022/09/11/scott-frost-fired-nebraska-coach-following-1-2-start-big-ten-college-football/8058071001/ reported that Trev Alberts said, “He would love if Joesph became the obvious candidate for the coaching search.”

With the rest of the season in Mickey Joesphs hands there will be time where it could give him a legitimate shot at being Nebraskas next head coach. This is as if Nebraska would choose to go that route with Joesph.

The Job is not permanent by the end of the season Nebraska will be the earliest team on the market for a new head coach. This will make hiring the next coach the easiest and to get a good candidate for the job, that we all hope for in the future.

With there being no immediate hire for Nebraska, there are plenty of names out there for who could be the potential candidates for Nebraskas next head coach. Also with that reported by https://www.si.com/college/2022/09/11/nebraska-fires-scott-frost-mickey-joseph-interim-leading-coach-candidates Alberts said, “resources won’t be an impediment for hiring the type of coach we want to lead the Husker program.”

https://www.desmoinesregister.com/story/sports/college/2022/09/11/scott-frost-fired-nebraska-coach-following-1-2-start-big-ten-college-football/8058071001/

https://www.espn.com/college-football/story/_/id/34571132/nebraska-cornhuskers-fire-coach-scott-frost-starting-season-1-2

https://www.si.com/college/2022/09/11/nebraska-fires-scott-frost-mickey-joseph-interim-leading-coach-candidates

https://www.cbssports.com/college-football/news/nebraska-fires-scott-frost-cornhuskers-pay-massive-buyout-to-dismiss-coach-three-games-into-fifth-season/

Lead writing assignment draft #3

This years homecoming queen and biology major at Vanderbilt University Cathy Wensen was arrested for a DUI. This is Wensens third DUI charge in six months.

Cathy Wensen the daughter of locally Prominent attorney Jim Wensen and her mother Sharon Wensen lives in Ontario, Canada.

Lead writing assignment draft #2

University President David French is changing graduation requirements at Backwater State. The president has said that the requirements will allow the people to turn out better educated.

A study has shown that 15 percent of people take a foreign language class and only 20 percent take math. The new requirements for fall of 2023 will be students have to take a math, computer science, and foreign language course to graduate.