Questions
You have recently been appointed as contract manager of a new Japanese airline, 新しいサニー航空 (in Japanese...

You have recently been appointed as contract manager of a new Japanese airline, 新しいサニー航空 (in Japanese : The New Sunny Airline). This company is opening new destinations and is interested to contract with General Sales Agents in a few countries. Those countries include at the moment : France, Bhutan, Afghanistan, Venezuela and Iran.

A) A major question arises : which legal system to regulate the contract to choose ? Where to sue and which may be the applicable law ? Details in length the various possibilities, taking into account all the possible paths, pros and cons, advantages and disadvantages of all systems. Take into account the various countries where you are supposed to operate.

B) A second question : when drafting a series of contracts for the above transaction (NDA, MOU and final agreement), is it advisable for me to choose different jurisdiction options in each document ?

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As businesses increasingly emphasize workplace ethics, you may be asked in an interview to tell about...

As businesses increasingly emphasize workplace ethics, you may be asked in an interview to tell about a time when you were challenged ethically. One workplace compliance officer advised candidates not to respond that you have never faced an ethical challenge. "You want a candidate," he said, "who avoids misconduct, not someone who lies and says they've never done anything wrong." Do you agree?

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Please read the case and answer the questions thank you Groupon’s business model is based on...

Please read the case and answer the questions thank you

Groupon’s business model is based on the theory that everyone loves a great deal. Groupon is a popular “deal of the day” website offering discounted gift certificates usable at local or national companies. Each day, Groupon e-mails its subscribers discounted offers for goods and services that are targeted by location and personal preferences.Customers purchase Groupons through Groupon’s website or mobile apps and redeem them with affiliated merchants. The discounts are huge—usually 50 to 90 percent off.Groupon makes money by keeping approximately half the money the customer pays for the coupon. Most deals are only valid for several days and have a limited quantity.

live events; Groupon Reserve has premium deals from prestigious brands and companies. A mobile app, Snap, offers cash rewards to consumers for purchasing specific grocery items and sending a photo of their store receipt from their phone.Along with expanding services to consumers, Groupon has refocused also on services for merchants. With GrouponWorks (Grouponworks.com), it provides services that help small businesses manage the entire customer acquisition process and more. GrouponWorks services include comprehensive online ad campaign management, advice, deals on business supplies, point-of-sale iPad apps to replace cash registers, payment processing systems, inventory management, as well as post-purchase analytics.

1. What features of contemporary e-commerce does Groupon utilize?

2. What value does this service provide subscribing merchants? What value does it provide customers?

3. What kinds of businesses are most likely to benefit from using Groupon?

4. Are there any disadvantages to the merchant in using Groupon Works?

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In work design measurement study, explain in your own words, the following terms: Observed time (OT)...

In work design measurement study, explain in your own words, the following terms:

  • Observed time (OT)
  • Normal time     (NT)
  • Standard time  (ST)   

An industrial engineer working for you is given an assignment to determine the standard time (ST) for welding 2 metal parts together as a job function.

Your industrial engineer took 5 independent observations of the same welding job function and recorded the corresponding time it took to complete the job function. He complied the following table of data:

Observation                             Welding time (in minutes)

  1. 2.50
  2. 2.40
  3. 2.45
  4. 2.51
  5. 2.49

If your industrial engineer has assigned a performance rating (PR) of 2.47 to the welding job function together with 15% as an allowance of of job time.

Calculate the respective:

  • OT
  • NT
  • ST

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After reading Chapter 6 on Lean Systems, one obvious take away is that a huge component...

After reading Chapter 6 on Lean Systems, one obvious take away is that a huge component of successful Lean implementation is teamwork. A case could be made that Lean systems work better in some cultures than in others, depending how that culture values the collective. In essence, it comes down to Teamwork vs. Autonomy. For example, you could make a statement that Toyota is very good at Lean systems because Japanese culture traditionally values the collective over the individual. Think about a culture that you are familiar with and give your opinion on if you think that a Lean System would fair well there and why. A culture could be from a company, school, city, state, country, region, etc. I'm interested in what you think and your opinion here, so have some fun with the topic while being sensitive to all cultures and viewpoints.

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Please read the short case and answer the 3 questions thank you While angel investors for...

Please read the short case and answer the 3 questions thank you

While angel investors for online startups are a hot topic today, angel investors have actually been key to economic development for much longer, and for all types of industries. In fact, without angel investors, few companies would make it past the startup stage and to the venture capital investment stage, let alone private equity or IPO funding. Companies that found early funding through angel investors include Home Depot, Microsoft, Amazon, and Best Buy.Although individual angel investments are far smaller than venture capital investments, angel investments overall contribute similar amounts to the economy as do venture capitalists. And the importance of startups to the economy can’t be overstated: Startup companies are key to job creation. Angel investors do more than just provide cash. They are typically business experienced business professionals and entrepreneurs and also mentor a start up, serve as board members or executives help develop relationships with venture capital firms and more.

Today, angel investment has become a trend in the arena of individual investing; and angel groups and networks have formed to take a professional approach to startup investment.In an angel network, members work as a team in screening deals, valuating firms, and due diligence (research, reporting, firm assessments). However, compared with individual investors, they are typically much slower to act, requiring more time to manage the investment process.

1. What types of people are angel investors, and how are they different from venture capitalists?

2. Explain Angel math and the 10X formula

3. Why is it recommended that a startup exhaust all other forms of investment before turning to angel investors?

In: Operations Management

What are the different kinds of demand pooling strategies? and Explain the benefits of demand pooling...

  1. What are the different kinds of demand pooling strategies? and Explain the benefits of demand pooling on inventory costs.

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Suppose that you are a chain smoker. One day you are fired, and your boss says...

Suppose that you are a chain smoker. One day you are fired, and your boss says smoking is not allowed as a company policy. Will you be able to get back your job ? If not, what can you do?

In: Operations Management

Krispy Kreme – A Mexican Delight? Krispy Kreme has focused on global expansion over the past...

Krispy Kreme – A Mexican Delight? Krispy Kreme has focused on global expansion over the past several months. It has developed joint ventures to offer Krispy Kreme doughnuts in Australia, England, and Canada. Most recently, a Krispy Kreme outlet opened in Mexico City, Mexico, and the company wants to open at least 20 more stores. The organization now has plans for joint ventures that will enable franchises to open in Japan. You and a partner own a Krispy Kreme franchise in Texas, and the business has been doing well. When you initially opened, carloads of people lined up around the building for weeks, and when the “HOT” sign is on, business continues to be good. You are now considering pursuing another franchise opportunity with Krispy Kreme. Since your partner travels to Mexico regularly, you are wondering if perhaps a franchise there will be as popular as yours has been here. At the time when you opened this Krispy Kreme, you had the business/marketing knowledge, and your partner provided most of the start-up capital. Since that time, though, your partner has earned a marketing degree as well and you have accumulated money for investment; thus, your roles would be equivalent this time. You have both agreed to think about the investment and to come up with recommendations independently to discuss with one another. You decide to write down a discussion of the major concerns that you have. First, evaluate Mexico as an opportunity for opening a Krispy Kreme successfully. You should include a discussion on the social, economic, and cultural factors that may help in making a sound business decision. In addition, determine if a joint venture would be the best route for developing franchises in Mexico. Finally, write your recommendation and justify it.

1 page required

In: Operations Management

Reflect on 3 key lessons you learnt from global marketing

Reflect on 3 key lessons you learnt from global marketing

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A process has inventory breakdown as follows (RM = 200 pieces, WIP = 80 pieces, FG...

A process has inventory breakdown as follows (RM = 200 pieces, WIP = 80 pieces, FG = 400 pieces) with an average customer demand per day of 80 FG pieces (1 Piece of RM inventory is required to make 1 piece of WIP and 1 piece of WIP piece is required to make 1 piece of FG). The total Value-Added Time for the process is 970 seconds. Calculate the Process Cycle Efficiency (PCE).

The above question contains 20 Marks. As per University guidelines, the answer should be a min of 500 words. So please I am requesting you please prepare as per guidelines.

In: Operations Management

Please, give me short five comments on at least 5 sentences or paragraphs, what you think,...

Please, give me short five comments on at least 5 sentences or paragraphs, what you think, how much you agree or disagree, why the author is right, and so on. Any 5 comments in the text. Thanks you

Special interest tourism

INTRODUCTION

Historically Special Interest Tourism (SIT), both as a product/sector in its own right and as a distinct entity within the overall tourism spectrum, has been largely ignored as an important area of study within the tourism field in general. Therefore, the contention that it is both possible, and relevant, to distinguish between "special" and "general" interest forms of tourism activity may be seen as lying at the heart of this work. In this work SIT is conceived as tourism undertaken for a distinct and specific reason; thereby indicating that the special interest tourist has a specific, interest-based motivation for his/her travel to another destination. This contrasts with what may be described as General Interest Tourism (GIT), where the general destination and its characteristics provides a major, part of the components of the tourism product and the overall motivation for tourism travel. The implication of this distinction, for both the provision and marketing of the tourism product, is seen to be that appropriate special and eral interest tourism products should be developed to meet the specific needs of these different types of tourists. -uəs Similarly, it is also contended that the marketing process for these two types of tourism should embody a different focus in each case. Whereas the primary marketing focus for GIT is invariably the characteristics of the destination country/area/resort, this is not necessarily seen as the most appropriate focus for the SIT marketing process. More specifically, if this type of distinction is found to be valid, it would suggest that SIT requires alternative marketing strategies, promotional messages, and distribution channel decisions to those commonly adopted for GIT. In view of these propositions and the additional background of recent changes in the pattern of both tourist trips and travel motivations, which indicate that SIT will constitute a potential growth segment within the overall tourism market in the 1990s and beyond (Martin and Mason 1987; De Knop 1990; Mintel 1990) it is suggested that this exploratory research could hold significant value for both developing SIT destination countries and established SIT source countries. In addition, there may also be value in this work for tour operators who, especially the 'mass market' companies, find they are facing a tourism market which is increasingly undifferentiated, subject to intense price competition, populated by more experienced and so- phisticated customers, has a relatively volatile pattern of demand, and is be- ginning to show signs of fragmenting into clearer niches, (Cleverdon 1983).

The competition for market share generated by this environment, both from the point of view of individual operators and destination countries who are heavily reliant upon tourism revenues, increases the importance of developing a parallel SIT markef. Indeed, as will be argued later in this paper, there is also perhaps a more fundamental dynamic indicating the future im- portance of these issues to tourism companies and destination countries within the broader context of the ongoing tourism development process in general.

In essence the research contained in this paper is exploratory and descriptive in nature and seeks to provide answers to a number of pertinent questions regarding Special Interest Tourism. Amongst these perhaps the most significant are: (1) What are the characteristics of Special Interest Tourists ? (2) What are the holiday choices and patterns of Special Interest Tourists ? (3) What factors help to shape such behaviour ? (4) Which activities/interests are preferred by Special Interest Tourists ?

THE CONCEPTUAL BACKGROUND

In reviewing the literature associated with the research issues it became evident at an early stage that most of the work undertaken in relation to tourism per se does not specifically concern itself with the development of the type of SIT typologies desired in this research. For example, there have been a number of studies conducted into the identification of 'Leisure Types,'4, which have focused on the nature of the leisure product/experience in terms of 'Activity Typologies'. This approach is characterised in the early work under- taken by deGrazia (1994); and a range of studies conducted by authors such as Tatham and Dornoff (1971), Hendee, Gale and Catton (1971), Romsa (1973), McCool (1979), and Kelly (1983), through the 1970s and early 1980s.

Typically, these studies have proposed a range of classificatory dimensions, often of a bi-polar nature, including those of: • Active - Passive • Participant - Spectator Solitary Social • Indoor - Outdoor • Appreciative Symbolic • Extractive - Symbolic Passive Free Play • Sociable - Learning Many of these typologies relate to activities which are primarily home- based and/or are conducted within an individual's normal and ongoing set of lifestyle activities (Murphy 1985). Therefore they cannot be directly transferred from one context to another for the purposes of this SIT study (Mannell and Iso-Ahola 1987). However, the insights derived from this work were found to be useful both in generating initial ideas and for determining a starting point to initiate the process of identifying the type of theoretical framework and dimensions appropriate to this study. In particular the move by Iso Ahola (1982, 1983, 1984) to develop a theoretical framework capable of explaining both leisure and tourism motivation was found to be seful in this respect. This view contends that the motivation for both leisure participation and tourism travel can be categorised into two broad types: escape from routine, and intrinsic experience rewards. In view of these concerns, attention was then turned to a review of the tourism literature associated with the study. Again it became evident that much of the work in this field related to a different context than that identified for this study. As GIT has a primary concern with the importance of destinations it is not surprising that much of the literature commenting upon 'types' of tourism and/or tourists also strongly relates such typologies to destination types. This is particularly the case where studies have focused on the issue of differentiation in the tourism destination product and/or the associated 'pull' factors influencing tourist motivation. Murphy (1985) refers to these approaches as 'Interactional'; as they emphasise the nature of interaction between tourists and destination areas. Similarly, though the work based upon the 'push' side of tourism motivation, which Murphy (1985) refers to as 'Cognitive-Normative'; is concerned to identify the motivational factors associated with distinct types/groups/ segments of tourists this is also inextricably linked with the notion of tourism destinations, (Plog 1974; Gray 1979). Therefore, although Dann (1977) pro- posed that there are two basic sets of factors influencing the decision to travel; push and pull; the common reference point for the two sides of this equation is destination choice.

In: Operations Management

Martin Sorrell, chairman of WPP Group PLC, the huge $15 billion advertising and public relations firm,...

Martin Sorrell, chairman of WPP Group PLC, the huge $15 billion advertising and public relations firm, is a strong believer in the use of email. He emails all of his employees once a month to discuss how the company is doing, address specific issues, and offer his perspectives on hot issues, such as new business models for the Internet. He believes that it keeps people abreast of what he is working on. Technology can also enable much more sophisticated forms of communication in addition to knowledge sharing. Cisco, for example, launched Integrated Workforce Experience (IWE) in 2010.109 It is a social business platform designed to facilitate internal and external collaboration and decentralize decision making. It functions much like a Facebook “wall”: A real-time news feed provides updates on employees’ status and activities as well as information about relevant communities, business projects, and customer and partner interactions. (400words)

A. Explain how technology can enable sophisticated forms of communication to be used for knowledge sharing within an organization.

B. Critically discuss why “electronic” or “virtual” teams are critical in combining and leveraging knowledge in organizations and how they can be made more effective

N.B In your answer, you should show critical, analytical and justification skills of the subject matter, rather than mere description.

In: Operations Management

You have just been appointed the new marketing manager for Bon Voyage, a large travel group....

You have just been appointed the new marketing manager for Bon Voyage, a large travel group. Bon Voyage offers a range of holiday packages aimed at several parts of the market including package tour operations, a nationwide chain of travel shops and a fleet of aircraft.

One of the fastest growing segments of the travel market in recent years has been the cruise market. Once the domain of the privileged few, cruises are now available to a much wider target market as costs have come down and incomes have risen. Until now, Bon Voyage has not been a player in the cruise marketplace. It now realizes it may have been mistaken in this respect and wishes to enter the market as soon as possible. The company has negotiated the provision of two cruise ships which will, next season, sail round the Mediterranean and the Caribbean respectively. The ships have just been refurbished and offer the most up-to-date facilities.

Other companies in this market have been predominantly targeting middle-income groups. However, there remains a part of the market which is aimed primarily at the luxury end, with high prices and prestigious ships.

  • How to segment this market?
  • Which target segment might be best appropriate and why? Discuss.
  • How its product offerings in this area might be positioned so as to differentiate if from existing competitors.
  • What are the competitors doing to acquire customers?
  • What are the segments and customers locking for?
  • How much customer trying to pay?
  • What market looks like?

In: Operations Management

You are the audit senior responsible for the audit of Sampson Limited. You are currently planning...

You are the audit senior responsible for the audit of Sampson Limited. You are currently planning the audit for the year ended 31 December 20X7. During your initial planning meeting held with the financial controller, he told you of the following changes in the company’s operations.
(i) Due to the financial controller’s workload, the company has employed a treasurer. The financial controller is excited about the appointment because in the two months that the treasurer has been with the company he has realised a small profit for the company through foreign-exchange transactions in yen.
(ii) SampsonhasplannedtocloseaninefficientfactoryincountryNewSouthWalesbeforetheend of 20X7. It is expected that the redeployment and disposal of the factory’s assets will not be completed until the end of the following year. However, the financial controller is confident that he will be able to determine reasonably accurate closure provisions.
(iii) To help achieve the budgeted sales for the year, Sampson is about to introduce bonuses for its sales staff. The bonuses will be an increasing percentage of the gross sales made, by each salesperson, above certain monthly targets.
(iv) The company is using a new general ledger software package. The financial controller is impressed with the new system, because management accounts are easily produced and allow detailed comparisons with budgets and prior-period figures across product lines and geographical areas. The conversion to the new system occurred with a minimum of fuss. As it is a popular computer package, it required only minor modifications.
(v) As part of the conversion, the position of systems administrator was created. This position is responsible for all systems maintenance, including data backups and modifications. These tasks were the responsibility of the accountant.
Required:
For each of the scenarios above, explain how the components of audit risk (inherent, control or detection risk) are affected. (

In: Operations Management