Exercise 5.3: How will the Digital Revolution Affect Your Organization?
Briefing (2)
Ok, you are not leaving the organization after all. That briefing was designed to make you think about potential threats to your organization from agile and innovative “out of sector” competitors. Let us assume that the new business model that you have just described is real, and that somebody else has already thought about it---and may already be setting it up. How can your organization respond to that threat? Better still, how can your organization counter that threat before it emerges?
In: Operations Management
In: Operations Management
What are leadership principle in adoption of emerging digital technologies?
In: Operations Management
Have you ever been a gig worker? A recent study found that 37 percent of U.S. workers participate in the gig economy, and government and other estimates say 40 percent will be working outside traditional full-time jobs by 2020. Clearly the gig economy is not a fad. The issue is often whether it benefits only the company or also the worker. Do people actually like being gig workers, or has the economy forced them into it, sometimes by taking second and third jobs?
A national survey by the Freelancers Union found that two in
three of the 55 million U.S. workers who
freelanced in 2016 did so because they wanted to, not because they
were forced to; the other one-third did it out of necessity.70
Although motivations for gig work may vary, it is clear that
employers are benefitting. Of course, part-time contract workers
are not new. What is new is the way gig work has spread to many
white-collar professions. Here are two examples.
Joseph creates websites for a marketing company and a digital content studio. He also creates and edits motion graphics. “It’s been a fun ride, tiring but fun,” he says. “Finding time is always the struggle. I’m working on a freelance project every weekend.” Joseph thinks gig work has helped him improve his graphic skills faster than he might have done in a traditional job. “I get to move around to different companies, and if one thing falls out, I still have other things I can fall back on—and it keeps me sharp.”
Nicole, a mother of three, is a full-time clerk at a law firm, but she decided she needed extra money and signed up with a work-at-home call center. Her husband has joined too. Nicole says her gig job is one she could continue when she retires, and she likes that possibility.
“This is the future of work,” says Diane Mulcahy, a private
equities investor whose clients often benefit
financially from the use of gig workers. “The full-time employee is
getting to be the worker of last
resort.”
• Aside from the lack of benefits, what are the potentially
negative effects for society of the gig
economy?
• What happens to the concept of loyalty between worker and
employer if we move to a mostly gig
economy? Will that result be negative or positive? For whom, and
why?
In: Operations Management
|
Millions of t tons |
Probability |
|
10 |
10 |
|
12 |
25 |
|
14 |
30 |
|
16 |
20 |
|
18 |
15 |
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What is a global entrepreneur and how is this different for other entrepreneurs? Can anyone be a global entrepreneur?
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Does the company Apple have any branches? if so how many and where.
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Explain acceptance sampling: What are the types of acceptance sampling? Under what conditions is acceptance sampling accepted and not accepted? What are advantages and disadvantages of acceptance sampling?
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What do you think is the trend in the domestic and international labor market that presents the greater challenge to HR professionals
In: Operations Management
Question 1
Data collected (including the normalized values) by a riding mower manufacturer on its existing customers are listed below.
|
Customer ID |
Income |
Lot_Size |
Normalized Income |
Normalized Lot_Size |
Ownership |
|
1 |
61.5 |
20.8 |
-0.351 |
0.762 |
Owner |
|
2 |
82.8 |
22.4 |
0.726 |
1.421 |
Owner |
|
3 |
52.8 |
20.8 |
-0.790 |
0.762 |
Nonowner |
|
4 |
84 |
17.6 |
0.786 |
-0.556 |
Nonowner |
|
5 |
63 |
14.8 |
-0.275 |
-1.709 |
Nonowner |
The riding mower manufacturer wants to classify a new customer (data given below) as either an owner or a nonowner using k-Nearest Neighbors method.
|
Income |
Lot_Size |
Normalized Income |
Normalized Lot_Size |
|
81 |
20 |
0.635 |
0.532 |
Round your answers to 3 digits after the decimal point.
The Euclidean distance between the new customer and Customer 1 is?
The Euclidean distance between the new customer and Customer 2 is?
The Euclidean distance between the new customer and Customer 3 is?
The Euclidean distance between the new customer and Customer 4 is?
The Euclidean distance between the new customer and Customer 5 is?
The new customer should be classified as?(owner or nonowner?) if k is set to 3.
In: Operations Management
Please Use your keyboard (Don't use handwriting)
MGT 322
I need new and unique answers, please. (Use your own words, don't copy and paste)
Critical Thinking
The global marketplace has witnessed an increased pressure from customers and competitors in manufacturing as well as service sector (Basu, 2001; George, 2002). Due to the rapidly changing global marketplace only those companies will be able to survive that will deliver products of good quality at cheaper rate and to achieve their goal companies try to improve performance by focusing on cost cutting, increasing productivity levels, quality and guaranteeing deliveries in order to satisfy customers (Raouf, 1994).
Increased global competition leads the industry to increasing efficiency by means of economies of scale and internal specialization so as to meet market conditions in terms of flexibility, delivery performance and quality (Yamashina, 1995). The changes in the present competitive business environment are characterized by profound competition on the supply side and keen indecisive in customer requirements on the demand side. These changes have left their distinctive marks on the different aspect of the manufacturing organizations (Gomes et al., 2006). With this increasing global economy, cost effective manufacturing has become a requirement to remain competitive.
To meet all the challenges organizations try to introduce different manufacturing and supply techniques. Management of organizations devotes its efforts to reduce the manufacturing costs and to improve the quality of product. To achieve this goal, different manufacturing and supply techniques have been employed. The last quarter of the 20th century witnessed the adoption of world-class, lean and integrated manufacturing strategies that have drastically changed the way manufacturing firm’s leads to improvement of manufacturing performance (Fullerton and McWatters, 2002).
Consult chapter 7 of your text book or secondary available data on internet and answer the following questions.
Question:
The Answer should be within 4- 5 pages.
The Answer must follow the outline points below:
In: Operations Management
In: Operations Management
Please Use your keyboard (Don't use handwriting)
MGT211
I need new and unique answers, please. (Use your own words, don't copy and paste)
TOPIC: EMPLOYEE HEALTH AND SAFETY IN THE ORGANIZATION
Organization officials have a legal and moral responsibility to ensure that the workplace is free from unnecessary hazards. Employers hold responsibility for understanding what is necessary to keep workers safe from harm. Conditions surrounding the workplace must be secure for employee’s physical and mental health. As many organizations have implemented wellness program, that focus on smoking cessation, weight control, stress management, early diagnosis of health problems, prevention and education about life-style related and contagious illness. Wellness program can cut Employers health cost and lower absenteeism by preventing health related problems.
Reference: Textbook- DeCenzo, D. A., & Robbins, S. P. (2013). Human resource management , Chapter 13 Health and Safety.
Assignment Questions:
In: Operations Management
|
TASKS |
Predecessor |
Task Time |
|
|
A |
Warm tortilla |
-none |
20 sec |
|
B |
Rice |
-A |
10 sec |
|
C |
Beans |
-B |
10 sec |
|
D |
Meat |
-B |
10 sec |
|
E |
Salsa |
-C, D |
10 sec |
|
F |
Cheese |
-E |
5 sec |
|
G |
Sour Cream |
-E |
10 sec |
|
H |
Lettuce |
-E |
10 sec |
|
I |
Wrap |
-F, G, H |
15 sec |
|
J |
Bag |
-I |
5 sec |
|
K |
Checkout/pay |
-J |
25 sec |
In: Operations Management