Questions
For this bad news message, I want you to use the AIM planning process, the FAIR...

For this bad news message, I want you to use the AIM planning process, the FAIR test, and the components of Bad News Messages as described in Chapter 11, particularly pages 336 to 345

Case study:

You are the manager for Macy’s Department Store and you manage 25 part-time employees. Many are retired individuals who are working to supplement their social security payments. It is difficult sometimes to hire and keep part-time employees because the pay is minimum wage and the hours you actually need people--- change.   Retirees have been very useful because they are available at all times and usually a good work ethic. Sara Smith is 66 years old, she has a Bachelor’s degree in Business and is working for you. She has shown up on time, works hard, and is very friendly. These qualities are great but upper management has complained to you about Sara. She is slow, they have seen her talk on her cell phone frequently, and she spends too much time talking to customers so other customers get frustrated when they need questions answered or to check out their items. You must tell Sara that she needs to be faster in her work, to limit her phone calls and to quit talking so much to the customers.

  • Write out an agenda of a meeting you will have with Sara
  • Read the components carefully to make sure you cover all of the points
  • Write out how you will begin the negative review, how you will encourage Sara to be a better employee
  • Make sure that this is professionally presented—ie, headings, numbers, bullets to explain your ideas

In: Operations Management

Martin, Barry, and Sims each have $4,000 to contribute toward an office supply business that they...

Martin, Barry, and Sims each have $4,000 to contribute toward an office supply business that they would like to start up. They are aware that there will be stiff competition in the business district where they will be opening. The three of them want to begin the business with as little hassle as possible and with minimal overhead costs. On the other hand, they do not want to do so in a way that subjects them to unnecessary taxes or makes them more liable than they have to be for potential lawsuits based on torts or contracts. Please prepare a PowerPoint presentation discussing what the advantages and disadvantages would be to organize as a: 1) partnership, 2) corporation, and 3) limited liability company. Make a recommendation and explain why you reached your conclusions. As to the liability issue, would it make a difference whether the potential suits were based on tort or contract issues? Explaining why you reached your conclusion is just as important as the conclusions themselves.

In: Operations Management

Discuss motivational theories that impact buying behavior? CASE STUDY SITUATION You are the vice president of...

Discuss motivational theories that impact buying behavior?

CASE STUDY SITUATION You are the vice president of development for BULLET, the second largest discount retailer in the nation. The senior VP has asked you to analyze a new sales venture and determine how to build a clientele foe the new venture and for traditional BULLET stores. There are close to 2000 BULLET stores across the country, most anchoring strip malls or outdoor shopping centers. BULLET stores feature typical grocery store items along with pharmacies, apparel, home décor, books, toys, electronics, seasonal items and health and beauty sections. BULLET’S biggest competitor is BOX MART, the leading discount retailer. BULLET does not come close to the number of store locations nor the revenue that BOX MART produces each year. Aside from similar store layouts and product offerings, there are notable differences between the two discount retailers. Although product offerings are similar, BULLET has a much different image than BOX MART. BULLET is perceived to be better organized, with a more streamlined store layout. They are also more in touch with fashion trends and home décor. BULLET also markets higher quality house brands in all departments, most notably in its food and beverage departments. BULLET offers a wide variety of fresh, ready-to-eat meals that beat BOX MART’S offerings in customer ratings each year. Executives at BULLET have decided to test market a concept for a BULLET branded convenience store. The BULLET convenience store will be located away form BULLET stores and will offer fuel and the loyal BULLET customer, and also new clientele who does not usually shop at BULLET stores. They are also hoping to attract the BOX MART customer. YOUR CHALLENGE The senior VP wants you to determine how a BULLET C-store can feel like a BULLET store, rather than a typical convenience store. You are to suggest techniques tha can expose BULLET C-store customers to BULLET retail store products, ideally resulting in a larger clientele for BULLET retail stores. In addition, you need to plan the product mix the BULLET C-stores; what typical convenience store products should be sold and what other products should be sold to keep up with BULLET’S well-regarded image? Are there store services that should be offered or not?

In: Operations Management

Following is the payoff table for the Pittsburgh Development Corporation (PDC) Condominium Project. Amounts are in...

Following is the payoff table for the Pittsburgh Development Corporation (PDC) Condominium Project. Amounts are in millions of dollars.

State of Nature
Decision Alternative Strong Demand S1 Weak Demand S2
Small complex, d1 8 7
Medium complex, d2 14 5
Large complex, d3 20 -9

Suppose PDC is optimistic about the potential for the luxury high-rise condominium complex and that this optimism leads to an initial subjective probability assessment of 0.8 that demand will be strong (S1) and a corresponding probability of 0.2 that demand will be weak (S2). Assume the decision alternative to build the large condominium complex was found to be optimal using the expected value approach. Also, a sensitivity analysis was conducted for the payoffs associated with this decision alternative. It was found that the large complex remained optimal as long as the payoff for the strong demand was greater than or equal to $17.5 million and as long as the payoff for the weak demand was greater than or equal to -$19 million.

  1. Consider the medium complex decision. How much could the payoff under strong demand increase and still keep decision alternative d3 the optimal solution? If required, round your answer to one decimal place.

    The payoff for the medium complex under strong demand remains less than or equal to $ ??? million, the large complex remains the best decision.
  2. Consider the small complex decision. How much could the payoff under strong demand increase and still keep decision alternative d3 the optimal solution? If required, round your answer to one decimal place.

    The payoff for the small complex under strong demand remains less than or equal to $ ??? million, the large complex remains the best decision.

In: Operations Management

Two articles describing firms’ use of a cooperative strategy: one where trust is being used as...

Two articles describing firms’ use of a cooperative strategy: one where trust is being used as a strategic asset and another where contracts and monitoring are being emphasized. What are the differences between the managerial approaches being used in the two companies? Which of the cooperative strategies has the highest probability of being successful? Why?

- No TALK ABOUT: Apple, McDonald's, Whole Food Market, Walmart or T-Mobile.

nor Plagiarism!!

Please

In: Operations Management

Implement techniques to increase customer’s product exposure? CASE STUDY SITUATION You are the vice president of...

Implement techniques to increase customer’s product exposure?

CASE STUDY SITUATION

You are the vice president of development for BULLET, the second largest discount retailer in the nation. The senior VP has asked you to analyze a new sales venture and determine how to build a clientele foe the new venture and for traditional BULLET stores.

There are close to 2000 BULLET stores across the country, most anchoring strip malls or outdoor shopping centers. BULLET stores feature typical grocery store items along with pharmacies, apparel, home décor, books, toys, electronics, seasonal items and health and beauty sections. BULLET’S biggest competitor is BOX MART, the leading discount retailer. BULLET does not come close to the number of store locations nor the revenue that BOX MART produces each year. Aside from similar store layouts and product offerings, there are notable differences between the two discount retailers.

Although product offerings are similar, BULLET has a much different image than BOX MART. BULLET is perceived to be better organized, with a more streamlined store layout. They are also more in touch with fashion trends and home décor. BULLET also markets higher quality house brands in all departments, most notably in its food and beverage departments. BULLET offers a wide variety of fresh, ready-to-eat meals that beat BOX MART’S offerings in customer ratings each year.

Executives at BULLET have decided to test market a concept for a BULLET branded convenience store. The BULLET convenience store will be located away form BULLET stores and will offer fuel and the loyal BULLET customer, and also new clientele who does not usually shop at BULLET stores. They are also hoping to attract the BOX MART customer.

YOUR CHALLENGE

The senior VP wants you to determine how a BULLET C-store can feel like a BULLET store, rather than a typical convenience store. You are to suggest techniques tha can expose BULLET C-store customers to BULLET retail store products, ideally resulting in a larger clientele for BULLET retail stores.

In addition, you need to plan the product mix the BULLET C-stores; what typical convenience store products should be sold and what other products should be sold to keep up with BULLET’S well-regarded image? Are there store services that should be offered or not?

In: Operations Management

what is a critical element in an community action plan?

what is a critical element in an community action plan?

In: Operations Management

The following payoff table shows the profit for a decision problem with two states of nature...

The following payoff table shows the profit for a decision problem with two states of nature and two decision alternatives:

State of Nature
Decision Alternative s 1 s 2
d 1 6 3
d 2 9 1
  1. Use graphical sensitivity analysis to determine the range of probabilities of state of nature s 1 for which each of the decision alternatives has the largest expected value. If required, round your answers to two decimal places.
    d1 is optimal for probability of s 1 ≥ ??
    d2 is optimal for probability of s 1 ≤ ??
  2. Suppose P(s1) = 0.85 and P(s2) = 0.15. What is the best decision using the expected value approach?
    Best decision:

    ??

  3. Perform sensitivity analysis on the payoffs for decision alternative d1. Assume the probabilities are as given in part (b), and find the range of payoffs under states of nature s1 and s2 that will keep the solution found in part (b) optimal. Is the solution more sensitive to the payoff under state of nature s1 or s2?

    The input in the box below will not be graded, but may be reviewed and considered by your instructor.

In: Operations Management

Step 1 Go to the Coca-Cola corporate website and click on Sustainability and review the company’s...

Step 1 Go to the Coca-Cola corporate website and click on Sustainability and review the company’s most recent Sustainability Report. Determine the six best aspects of the Coca-Cola report.

In: Operations Management

Please read the question that follows: “Is the organization structure of Walt Disney representative of a...

Please read the question that follows: “Is the organization structure of Walt Disney representative of a “centralized” or “decentralized” organization?” Explain why it is difficult for someone who is not a member of this firm to respond to this question.

In: Operations Management

Step 2 Go to the PepsiCo corporate website and click on Sustainability and review the company’s...

Step 2 Go to the PepsiCo corporate website and click on Sustainability and review the company’s most recent Sustainability Report. Determine the six best aspects of the PepsiCo report.

In: Operations Management

How is Walt Disney departmentalized (e.g., by function, by product, by customer, by geography, by matrix,...

How is Walt Disney departmentalized (e.g., by function, by product, by customer, by geography, by matrix, etc.)? Explain how you arrived at this answer.

In: Operations Management

Subject: International Market and Trade. Explain why were the following sanctions imposed: 1.The United Nations sanctions...

Subject: International Market and Trade.

Explain why were the following sanctions imposed:

1.The United Nations sanctions against South Africa.

2.United Nations sanctions against Zimbabwe.

3.United Nations sanctions against Iraq (1990–2003)

4.the United States embargo against Cuba.

In: Operations Management

Consider a project that requires the completion of 7 tasks, as follows: o Tasks A and...

  1. Consider a project that requires the completion of 7 tasks, as follows:

    o Tasks A and B can begin simultaneously at the beginning (“time zero”).

    o Task C can only begin after task B is completed.

    o Task D can only begin after task A is completed.

    o Task E can only begin after task A is completed.

    o Task F can only begin after task E is completed.

    o Task G can only begin after tasks C and D are completed.

    The expected durations (in days) of each task are as follows: A=15; B=20; C=10; D=10; E=30; F=20; G=40.

    What is the expected completion of the whole project?

    50 days

    60 days

    70 days

    75 days

2.Consider the project from the previous question with the added complexity that the actual completion time of each task will be:

Task Completion Time
A 15+RANDBETWEEN(-8,8)
B 20+RANDBETWEEN(-8,8)
C 10+RANDBETWEEN(-8,8)
D 10+RANDBETWEEN(-8,8)
E 30+RANDBETWEEN(-8,8)
F 20+RANDBETWEEN(-8,8)
G 40+RANDBETWEEN(-8,8)

Using PERT, what is the expected completion time of the project?

50

60

70

75

In: Operations Management

Step 3 Develop a report comparing and contrasting the two companies’ Sustainability Report with regard to...

Step 3 Develop a report comparing and contrasting the two companies’ Sustainability Report with regard to business ethics, social responsibility, and environmental sustainability. In your opinion, does Coca-Cola receive a grade of A on their business ethics, social responsibility, and sustainability efforts? Grade each company on the three dimensions, and give each an overall grade. Justify your grades.

In: Operations Management