Questions
1)​ ​Masaru Ibuka, founder and chairman of Japan's Sony Corp, was asked in an interview, "What...

1)​ ​Masaru Ibuka, founder and chairman of Japan's Sony Corp, was asked in an interview, "What is the secret of your success?" He said he had a ritual.
Preceding a business decision, he would drink herbal tea. Before he drank, he asked himself, "Should I make this deal or not?" If the tea gave him indigestion, he wouldn't make the deal. "I trust my gut, and I know how it works," he said.
"My mind is not that smart, but my body is."
"My mind is not that smart, but my body is"​,​ which way of thinking does this quote reflects? Explain your answer. .
Is it always right to do so? If not, what is the other way of thinking to be followed? .

2) When German car manufacturer Volkswagen (VW) was discovered in 2015 to have cheated on emissions test, the company’s reputation was very badly affected. The company’s employees reported a drop in trust for their company. It was the first time this happens. ​VW
Employees’ feelings have changed as VW won
back the respect of its personnel
What is the type of problem Volkswagen was facing? Why? ​And ​how this problem was solved?
made sure that everyone knew what happened and also what would happen next. The company
also publicly admitted guilt. VW encouraged employees to express their feelings and concerns.
Volkswagen’s efforts seem to have paid off. ​
​and its image among the public also ​seems to have recovered.

In: Operations Management

Identify the four sides of sustainable development and provide one example of each.

Identify the four sides of sustainable development and provide one example of each.

In: Operations Management

1) Fun Colors Inc. is a firm selling supplies for home improvement and decorating projects. At...

1) Fun Colors Inc. is a firm selling supplies for home improvement and decorating projects. At their founding in 1920, they chose to compete in the market by ensuring high product availability and variety. To support this strategy, they decided to keep 1-gallon cans of 75 different colors in the store with sufficient inventory that they would be able to meet customer demand for any color 98% of the time. A marketing study had shown that the demand for each color was more or less the same and independent of each other. The weekly demand forecast per color followed a normal distribution with a mean of 100 cans/week and a standard deviation of 40. The store ordered each colors from the factory located in Cincinnati, and the delivery time was around 2 weeks. Fun Colors paid $3.50/can.

a) How much safety stock of each color was required to support Fun Colors planned availability? (10 points)

b) Cost of capital for Fun Colors is 20% per year. What was Fun Colors’ annual holding cost for safety stock across all colors?

c) Shortly after Fun Colors entered the market, the industry’s technology changed tremendously. The competition was now implementing a new technology that enabled instant in-store customization of a color from one base-tone paint. To match the competition, Fun Colors examined switching to this new method of customization. To implement it, they would need to lease the mixing equipment. They would then stock a single base tone. (The dyes for coloring the base were produced locally and would only require a trivially small amount of in-store inventory.) The base paint would cost $3.50/gallon. Since the delivery for the base color would again be from Cincinnati, the lead-time would be 2 weeks.

There is a single vendor leasing the mixing equipment. What is the maximum Fun Colors should be willing to pay per month to lease the new machine?

In: Operations Management

Explain the Starving Time at Jamestown in the winter of 1609-1610

Explain the Starving Time at Jamestown in the winter of 1609-1610

In: Operations Management

What is collective bargaining? What is an exception to the WARN (Worker Adjustment and Retraining Act)?

What is collective bargaining?

What is an exception to the WARN (Worker Adjustment and Retraining Act)?

In: Operations Management

Research and discuss 1 public health issue in the United States today. Explain why it is...

Research and discuss 1 public health issue in the United States today.

Explain why it is a public health issue and what is currently being done to address it at the local, state, and federal levels.
Discuss any applicable health policies and regulations that may be in place to address the issue.

In: Operations Management

PLEASE USE SOMETHING THAT HAS NOT BEEN USED BEFORE AND EXAMPLES PLEASE! Discuss a population group...

PLEASE USE SOMETHING THAT HAS NOT BEEN USED BEFORE AND EXAMPLES PLEASE!

Discuss a population group that is facing greater challenges and barriers to accessing care in the United States. Include the following in your discussion:

  • Why does that segment of the U.S. population face greater challenges and barriers to accessing care?
  • What programs (local, state, or federal), if any, exist today to attempt to provide access to the vulnerable population you are discussing?

In: Operations Management

PLEASE USE SOMETHING THAT HAS NOT BEEN USED BEFORE AND EXAMPLES PLEASE! Discuss a population group...

PLEASE USE SOMETHING THAT HAS NOT BEEN USED BEFORE AND EXAMPLES PLEASE!

Discuss a population group that is facing greater challenges and barriers to accessing care in the United States. Include the following in your discussion:

  • Why does that segment of the U.S. population face greater challenges and barriers to accessing care?
  • What programs (local, state, or federal), if any, exist today to attempt to provide access to the vulnerable population you are discussing?

In: Operations Management

Choose Amazon to analyze High level risk management assessment, Identify 3 Traditional hazard risks, Identify 3...

Choose Amazon to analyze

High level risk management assessment, Identify 3 Traditional hazard risks, Identify 3 ERM type risks, and discuss the risks and evaluate potential costs of these risks

In: Operations Management

Soft tactics and hard tactics are used to influence. Give and example of a situation where...

Soft tactics and hard tactics are used to influence.
Give and example of a situation where you would use or you did use either tactic to influence and affect change in another person or people. What was the tactic and why do you think it worked.

In: Operations Management

16. Explain the concept of Globalization Strategy and provide real examples. 17. Explain the concept of...

16. Explain the concept of Globalization Strategy and provide real examples.

17. Explain the concept of Service Technology and provide examples.

18. Explain the concept of Virtual Network Structure and provide examples.

19. Explain the difference between the concepts of Business Management and Technology Management. Provide examples.

20. Concepts such as ‘civic responsibility,’ ‘social responsibility;’ what do they have in common? Provide examples.

In: Operations Management

ou have announced the release of a new technology within your company that will be implemented...

ou have announced the release of a new technology within your company that will be implemented 30 days after the announcement.
You have heard employees are concerned about the complexity of the new tool. What steps do you take to minimize the anxiety and stress they are feeling?

In: Operations Management

Explain similarities and differences between assurance and security in a Supply Chain. Explain the distinction between...

  1. Explain similarities and differences between assurance and security in a Supply Chain.
  1. Explain the distinction between accounting principles and auditing standards.
  1. Explain the distinction between the Generally Accepted Accounting Principles and the International Financial Reporting Standards.
  1. Explain the Commerce Clause of the U.S.A. Constitution and the importance to business activities.

In: Operations Management

why it is important to understand the legal and regulatory implications associated with the health care...

why it is important to understand the legal and regulatory implications associated with the health care system (health care delivery and health insurance)?

In: Operations Management

35. When there is no quality requirement and employee commitment is not needed, the most appropriate...

35. When there is no quality requirement and employee commitment is not needed, the most appropriate leader decision style is:
a. autocratic b. individual c. consultative d. group
36. The Path-Goal Theory suggests that the role of the leader is to clear paths for followers allowing them to:
a. fulfill their needs and reach goals
b. function without their leader when necessary c. build a cohesive team
d. have time to address interpersonal conflicts
Leaders form positive relationship with three types of followers. Which of the following is not one of the followers?
a. those who are competent
b. those they trust
c. those who are willing to assume responsibility
d. those who are less committed

37. In the Middle-East, leaders are likely to pick their trusted followers based on __________, while in the U.S., _________ is likely to be a primary factor.
a. friendship; similarity to the leader
b. obedience; team building ability
c. obligation; contacts
d. social class and birth; performance
Lecture 4: Individual Traits and Differences
38. The interactionist view of individual differences suggests:
a. the environment determines who we are
b. genes are the most important factor in making people who they are
c. heredity and the environment both influence individual difference
d. culture is one of the key factors in determining how people behave
39. The primary reason boys are more competitive and aggressive than girls is that:
a. boys are genetically more aggressive
b. boys watch more violent movies and play more video games
c. typical male genetic traits are reinforced by society
d. parents spend less time with boys than with girls
40. Which of the following is not part of the definition of personality?
a. personality is stable over an extended period of time
b. personality is a set of traits
c. personality determines what we do
d. personality is influenced by genes and the environment
41. When people are encouraged to behave outside their zone of comfort, they are likely to: a. learn and grow even though the behavior is threatening to them
b. develop leadership skills
c. become frustrated
d. resist change and revert to the comfort zone at all costs
42. Japanese managers are likely to reward team effort over individual achievement. This is because: a. the Japanese culture values community
b. individuals tend to perform less well in Japan
c. the Japanese are less competitive
d. individual achievement is only rewarded in special cases
43. The link between leadership and intelligence,
a. shows that smart managers are better managers.
b. is far from clear.
c. shows that cognitive intelligence is more important than creative intelligence.
d. is both positive and linear.
44. ___________ is the ability to read others and be able to put yourself in their place.
a. self-monitoring
b. empathy
c. consideration
d. social skills

In: Operations Management