Leadership Behaviors
Research a leader that you believe uses either directive leadership, supportive leadership, participative leadership, or achievement-oriented leadership. Describe the leader, and explain why you think the leader uses either directive leadership, supportive leadership, participative leadership, or achievement-oriented leadership by describing the leader’s history of behavior and decision-making.
Answer in 7-10 sentences. For each website you visit to find information, if you use that information be sure to put it in your own words and include that website as a reference in APA format.
SMART Goals
Research a job description that you would like to have (it cannot be a job description you have used for previous exercises). Evaluate the job description based on Goal Expectancy Theory. Describe the job description, and explain how the individual who accepts that position could be motivated by Specific, Measurable, Achievable, Results-Based, and Time Specific (SMART) goals, using chapter concepts and terms to defend your position.
Answer in 7-10 sentences. For each website you visit to find information, if you use that information be sure to put it in your own words and include that website as a reference in APA format.
In: Operations Management
list some of facebooks operations with examples
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how it is important to have a knowledge about gender, race and class in today's society.
In: Operations Management
In: Operations Management
2. At a hydrocarbon processing factory, process control involves periodic analysis of samples for a certain process quality parameter. The analytic procedure currently used is costly and time consuming. A faster and more economical alternative procedure has been proposed. However, the numbers for the quality parameter given by the alternative procedure are somewhat different from those given by the current procedure, not because of any inherent errors but because of changes in the nature of the chemical analysis. Management believes that if the numbers from the new procedure can be used to forecast reliably the corresponding numbers from the current procedure, switching to the new procedure would be reasonable and cost effective. The following data were obtained for the quality parameter by analyzing samples using both procedures:
Current (Y) | Proposed (X) | Current (Y) | Proposed (X) |
3.0 | 3.1 | 3.1 | 3.1 |
3.1 | 3.9 | 2.7 | 2.9 |
3.0 | 3.4 | 3.3 | 3.6 |
3.6 | 4.0 | 3.2 | 4.1 |
3.8 | 3.6 | 2.1 | 2.6 |
2.7 | 3.6 | 3.0 | 3.1 |
2.7 | 3.6 | 2.6 | 2.8 |
a. Use linear regression to find a relation to forecast Y, which is the quality parameter from the current procedure, using the values from the proposed procedure, X.
b. Is there a strong relationship between Y and X? Explain.
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What are your thoughts about Google and Facebook mining your personal data for advertisers and mostly doing it without you knowing. Are you, people ready to quit Facebook, stop using Google? What are some of the solutions to this problem?
In: Operations Management
In: Operations Management
Daddy Warbucks, a very wealthy investor, built his fortune through his legendary investing knowledge. At present, he has been offered three investments from which he would like to choose one.
The first is a conservative investment that would perform quite well in an expanding economy and only suffer a small loss in a worsening economy. The second is a speculative investment that would perform extremely well in an expanding economy, but do quite poorly in a worsening economy. The last alternative is a countercyclical investment that would suffer some loss in an expanding economy, but perform well in a worsening economy.
Warbucks believes that there are three possible scenarios during the lives of these investments as follows:
· An Expanding Economy
· A Stable Economy
· A Worsening Economy
He is somewhat pessimistic about where the economy is headed, and so has assigned probabilities of 0.1, 0.5, and 0.4 respectively to these three scenarios. He also estimates that his profits under these respective scenarios are shown in the following payoff table.
Expanding Economy | Stable Economy | Worsening Economy | |
Conservative Investment | $30 Million | $5 Million | $-10 Million |
Speculative Investment | $40 Million | $10 Million | $-30 Million |
Countercyclical Investment | $-10 Million | $0 | $15 Million |
Probability | 0.1 | 0.5 | 0.4 |
1. Considering this data, which investment should he make based on an Expected Monetary Value (EMV) criterion?
2. Upon reflection, Daddy Warbucks doesn't have a great deal of confidence in the accuracy of his probability estimates. Which investment should he make under each of the following criteria?
a) Maximax
b) Maximin
c) Realism Criterion with indices of 0.25, 0.65, and 0.85
d) Equally Likely States of Nature e) Minimax Regret
3. Briefly describe how Warbucks might leverage Bayes' Theorem (Bayes' Decision Rule) to improve his confidence about his probability estimates if he believes that the 10% estimate for an expanding economy is accurate, but is unsure about the odds of the other two scenarios.
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Nature-based tourism businesses play important roles in tourism system and must therefore be involved in the development of more sustainable forms of tourism. In your opinion:
1) Discuss the assertion that 'small-scale tourism businesses are intrinsically more sustainable than large-scale tourism businesses.
2) How a nature-based tourism business can support local economic development (tourism destination)
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How could a college or university more effectively use Facebook and Twitter to promote its brand to potential students?
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What factors should be taken into consideration while a retailer is considering a location decision to be located in a new city?
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What factors have led to the growth of online retailing in the last fifteen years?
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module 2.
Provide a scholarly and supported discussion post to explain perceptions of ourselves and others within organizations.
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Discuss some of the practical applications of the Breakeven Analysis concept for an entrepreneur planning to start a retail store concept for an entrepreneur planning to start a retail store
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Why franchising is considered a major force in our economy? What factors would you consider if you are thinking of starting a new franchise business in the healthy fast food industry in your city or town?
In: Operations Management