.Centralized and decentralized service offer some challenges to the food service .what are these challenges and how they are best addressed please explain ?
In: Operations Management
In: Operations Management
7)If a venture does not have the potential to be scaled up and capture a significant share of a market then venture capital may not be an appropriate funding source. True or False?
8) Base your answers on data at Crunchbase.com. The pre-money value of Zoom before the series A funding round was $6 million. True or False?
9)Successful venture capital investing depends on finding and financing companies that offer “big market” opportunities. True or False?
10)The risk of overvaluing a venture in an early venture capital round is that future investors may be unwilling to buy additional shares at this high valuation and this could starve the company of essential capital. True or False?
In: Operations Management
What are some of the intended and unintended consequences of using recommendation engines? Explain in 3 sentences
In: Operations Management
HOW NEW YORK GOVERNOR AND THE US GOVERNOR GOT IT WRONG ELDER DURING THE CORONA VIRUS OUTBREAK
In: Operations Management
Please I need more explanation and details for this question.
A nurse manager in an urgent care clinic must develop a weekly schedule for nursing staff. Nurses in the clinic work four days a week with three consecutive days off. The staff requirement is twenty nurses each day. Solve this problem using Excel Solver.
In: Operations Management
What role does culture play on managers in global situations. For example, a US firm in Saudi Arabia, Indonesia, Singapore or Germany would all face different problems from a cultural perspective. What about a foreign venture into North America.
In: Operations Management
What are some of the key skills required to be an effective manager at a Camp Bow Wow franchise? 200 word min
In: Operations Management
You have joined a northern mail order company selling winter coats. You have the coat sales by quarter for the last three years.
Year 1 Qtr 1, 24 Winter Coats Qtr 2, 12 Qtr 3, 20 Qtr 4, 36 Year 2 Qtr 1, 28 Winter Coats Qtr 2, 10 Qtr 3, 22 Qtr 4, 40 Year 3 Qtr 1, 32 Winter coats Qtr 2, 14 Qtr 3, 27 Qtr 4, 44
Use linear regression to forecast the total coats to be sold in year 4 in thousands. For the equation Y = aX + b give "a". ____ (two decimals) Give "b" ____ (two decimals)
Give the forecast for the fourth year? ____ (two decimals)Next use the quarters to generate seasonal factors. Give the season factor for quarter one? ____ (two decimals)
Give the season factor for quarter two? _____ (two decimals)Give the season factor for quarter three? _____ (two decimals) Give the season factor for quarter four? ______ (two decimals) Give the forecasted sales for quarter one? ______ (All answers remaining to two decimals) Quarter two? ______Quarter three? ______Quarter four? _____
In: Operations Management
Abby:
Firstly, I’d like to welcome everyone to this very important strategy meeting. As you should know, the purpose of today’s meeting is to agree a clear direction for our continued growth. We are faced with a number of growth choices. Bianca, could you please outline the first option?
Bianca:
Certainly – the first option is to expand the product range of our pretzels – to introduce different flavor pretzels and in various size packaging. This appears to be a suitable direction when you consider the chip/crisp market. There has been a significant increase in chip/crisp flavors in recent years. This means that consumers clearly like variety.
Corey:
I can understand your point, but my concern is the limited size of the pretzel market, whereas the chip market is huge. I mean, if you bring out, say ham and cheese flavored chips, then even with a small market share, you will probably still do all right. But you can’t do the same thing in the pretzel market – because you’ll simply end up with a small share of a small market, which would simply not be viable.
David:
I’ll have to agree. That’s why I think that we should be looking to leverage our brand into other product categories. What about ‘Presto Nuts’ or “Presto Crackers’ or even “Presto Chips”? This strategy makes a lot of sense as our own market research shows that ‘Presto’ is becoming a strong brand.
Ellie:
Yes sure, the brand has value, but it’s clearly associated with pretzels in the mind of the consumer. Our research also says that the brand owns the pretzel market. When consumers think pretzels, they think Presto. I would be very concerned that leveraging the brand into other product categories would dilute the value of the brand.
Fiona:
I share the same concerns as Ellie. And also remember that we initially chose the name ‘Presto’ because it sounded good with pretzels – you know ‘Presto Pretzels’. For me, ‘Presto Nuts’ or “Presto Crackers’ doesn’t have the same impact. But David did highlight some attractive markets – maybe we should consider entering those product categories, but under a different brand?
Graham:
Actually, I have been thinking about that. We already have the capabilities in the production of snack food and we also have established relationships with the key retailers. It would make sense to look at nuts or snack biscuits. And if we don’t want to use the Presto brand, we could simply name it something else.
Heath:
That might work. But it’s taken us a long time to build the Presto brand. I’m not sure whether there are enough marketing funds available to support the building of another brand.
Isabella:
Plus there is no guarantee that our existing retailers are looking for another nut, cracker, or chip brand to sell in their stores. Part of the reason we were successful in getting into retailers was that there wasn’t a lot of other pretzel manufacturers that could supply nationally in the quantities required.
Jade:
That was true in the beginning. But we’ve done a lot to grow the pretzel market in Australia. Therefore, it’s only a matter of time before we have a lot more competition in this market. That’s why I’m proposing that we introduce another pretzel brand to compete against Presto. I think that would dissuade some competitors from entering the market (if they think it’s too competitive).
Kevin:
That’s a good idea, but we also run the risk of cannibalization, where the new brand simply steals the sales from Presto. We could end up doing twice the work for the same sales result.
Luke:
And another concern is that a second brand might signal to potential competitors that this is becoming an attractive market (because new players are entering it). So there’s a chance that instead of reducing competition, this approach might actually increase it.
QUESTIONS
1. Classify the major viewpoints above, into the categories of:
In: Operations Management
Nowadays, many firms have become or more striving to become learning organizations.Discuss why firms recognize this practice is important for continuous performance-related training and development programs.
Provide detailed explanation.
In: Operations Management
Choose two business or political leaders, one who has used the Mirror and Window correctly in dealing with the COVID-19 crisis and one who has used them incorrectly and justify your answers.
In: Operations Management
In: Operations Management
In: Operations Management
South Africa is a unique country with differing cultures: following on this;
1. critically analyze the four-level levels of conceptualization of Leadership; and then
2. Decide which level of conceptualization of Leadership suits this community best and prepare a systematic exposition that supports your decision.
In: Operations Management