Questions
Suppose you have just joined a startup drug delivery company as the President and CEO. What...

Suppose you have just joined a startup drug delivery company as the President and CEO. What will be your possible strategies to run this company so that you can bring an antisense oligonucleotide product in the market from the treatment of liver fibrosis? Remember, you need to generate money by attracting investors, you need to take care of the stock price of your company and moral of your employees.

In: Operations Management

For Microsoft Corporation Please provide a list of elements for each of the porters five force's...

For Microsoft Corporation Please provide a list of elements for each of the porters five force's Power of Buyer and give them a rating all equal to 1 and state if it is highly attractive, mildly attractive, neutral, mildly unattractive, highly unattractive for the present and future ratings.

In: Operations Management

While China sticks to their One-Child Policy, Japan's government tells its people that having babies is...

While China sticks to their One-Child Policy, Japan's government tells its people that having babies is "fun" in an effort to fight declining birth rates. Two very different countries, two very different problems...do a little research online, discuss both countries efforts to deal with their respective birth rate issues and their pros and cons.

Do you think either policy could be successfully implemented by U.S government? Why? Explain your answer.

In: Operations Management

QUESTION 26 Matt has a health care plan that provides him coverage in such a way...

QUESTION 26

Matt has a health care plan that provides him coverage in such a way that allows him to be involved in making decisions to help lower costs. This plan typically includes insurance with a high deductible, a health savings account, and ongoing health education. Which type of health care plan is Matt using?

preferred provider organization

consumer-driven health plan

managed care

health maintenance organization

flexible health plan

QUESTION 8

Dave wants to set up a manufacturing unit, so he meets with Rodney, a human resource manager at his company. Rodney explains that in order to decide on the human resource needs for the unit, they should conduct a work flow analysis. He suggests they start by defining the outputs of the process. To do this, which of the following should Dave define?

the special equipment, facilities, and systems needed for production

the type of products that will need to be manufactured

the number of people required for production

the data and information needed by the work unit

the processes that will be involved in manufacturing

QUESTION 12

1.         East Bay Hospital was concerned about rising costs for patients who have surgery for joint replacement. It tried rewarding staff in any quarter they met targets for lower use of supplies, but costs continued to rise. An investigation showed that one source of costs was the readmission of patients who experienced infections after surgery. The human resource department proposed setting up a gainsharing program with an effectiveness measure related to reducing infections. Which statement about gainsharing best supports this recommendation?

Gainsharing creates a competitive environment, so employees will try to outdo one another.

Gainsharing will narrow employees' focus to the key aspects of their individual jobs and rewards.

Gainsharing is appropriate because the jobs in this case are simple, and so are the performance standards.

With gainsharing, employees are freed to collaborate on how to improve performance.

The success of gainsharing requires management acceptance of employee input.

2 points   

QUESTION 13

1.         Gabriela, an HR manager, and her staff devote long hours to planning and running a "benefits fair," where employees can view displays and ask questions about the various parts of the company's benefits package. The following week, the marketing manager asks if the effort was worthwhile. Gabriela says it was. What is the most likely reason for Gabriela's opinion?

It lowered the cost of providing benefits, because employees know what to sign up for.

It increased employees' happiness and job commitment, so they are more fun to be around.

It lowered the cost of communicating with employees, because now the company doesn't need to use printed media.

It increased employees' commitment and satisfaction, so they contribute more to the company.

It increased employees' commitment to saving for retirement, so they won't need Social Security.

QUESTION 31

1.         Penta Toy Corp. is a firm that manufactures toys. Very often, employees of the firm are on leave, citing physical strain as the cause. An expert hired by the company investigates the situation and recommends investing in an ergonomics study of the work environment. In this scenario, the expert is recommending

a study of the knowledge, skills, and abilities necessary to perform a job.

a study of the tasks, duties, and responsibilities of employees in a new job.

a study of the relationship between intrinsic rewards and employee motivation in the context of human resource management.

a study of jobs to find the simplest way to structure work in order to maximize efficiency.

a study of the interface between individuals' physiology and the characteristics of the physical work environment.

2 points   

QUESTION 28

N-Pax Technology Corp., a microchip manufacturing company, is hiring for the position of marketing manager for its new division. Nathan, the HR manager, considers the requirements of the job, including the necessary knowledge, level of proficiency, enduring capabilities, and other personality traits, such as persistence or motivation to achieve. Which of the following documents includes these considerations to help Nathan in selecting a candidate?

job scope

job description

job specification

job definition

job evaluation

In: Operations Management

Describe the five step communications process. Explain and give an example of at least three barriers...

Describe the five step communications process. Explain and give an example of at least three barriers to effective communications. Explain several different channels of communication.

In: Operations Management

What variables would you use to segment markets for: Old Spice, iPad, and Chevy Volt.

What variables would you use to segment markets for: Old Spice, iPad, and Chevy Volt.

In: Operations Management

A 20 month old child recently fell seven stories from a balcony of the Pompano Beach,...

A 20 month old child recently fell seven stories from a balcony of the Pompano Beach, Florida Quality Inn. The child survived the fall. The plaintiff charged that the corroded railing gave way on the balcony. Experts have said that salty sea air can rapidly eat through the metal railings that line thousands of hotel balconies in South Florida beachfront hotels. Warnings had been placed in all of the guestrooms advising people to stay away from the railings and to supervise their children.

Basis of action of plaintiff against the hotel.

a. What are the specific legal basis for seeking damages?

In: Operations Management

How does the global perspective in “ the Trent affair” supplement the information in chapter twenty...

How does the global perspective in “ the Trent affair” supplement the information in chapter twenty and twenty one in the textbook? What additional global perspectives would you find interesting?

In: Operations Management

Recommend one (1) strategy that involves the organization’s managers in implementing and maintaining the momentum of...

Recommend one (1) strategy that involves the organization’s managers in implementing and maintaining the momentum of the strategic plan.

In: Operations Management

Write a narrative description highlighting the demographic changes seen in the Cumberland community in Illinois to...

Write a narrative description highlighting the demographic changes seen in the Cumberland community in Illinois to explain the complete Data Template below for the general public. ? Demographics: Include the total number and percent of each in the Data Template below to gather data for both the county, state, and national data from both the 2000 and 2010 Census to show how the county has changed from the last Census as well as how it compares to the demographics of the state and the nation. The data template MUST be included as an appendix in your paper. ? Total Population (include the percent change in population from the 2000 to the 2010 Census) ? Age Distribution (use other similar parameters if unable to find the exact same in your research) ? Under 1 Year ? 1 to 5 Years ? 6 to 13 Years ? 14 to 17 Years ? 18 to 24 Years ? 25 to 49 Years ? 50 to 64 Years ? 65 to 84 Years ? 85 Years and Older ? Females 15 – 44 Years ? Gender ? Median Age ? Racial & Ethnic Composition ? Hispanic ? White (Non-Hispanic) ? Black ? Asian/Pacific Islander ? Socioeconomic Status (include total number and percentage of each) ? Median Household Income ? Persons Below 100% of Poverty Level ? Persons Below 200% of Poverty Level ? Households with Social Security Income ? Households with Public Assistance Income ? Unemployed Persons 16 Years & Older ? High School Graduates 25 Years & Older ? College Graduates 25 Years & Older.

Community Description Data Template

Data

Cumberland Community

Illinois State

United States

2010 Census

2000 Census

2010 Census

2000 Census

2010 Census

2000 Census

Total Population:

Percent Change:

Age Distribution

Under 5 years:

8,217

7,986

140,022

5 to 9 years:

8,338

142,385

10 to 14 years:

8493

143,728

15 to 19 years:

8350

147,923

20 to 24 years:

7,884

150,014

25 to 34 years:

16,574

274,514

35 to 44 years:

17,682

246,450

45 to 54 years:

21,243

277,343

55 to 59 years:

60 to 64 years:

24,501

266,439

65 to 74 years:

16,033

170,263

75 to 84 years:

6,786

91,142

85 years and over:

2,599

33,826

Females 15 – 44 years:

Gender

Male:

71,32

63, 246

1,029,757

Female:

73,913

66,064

1,050,328

Median Age:

43.90

36.80

37.40

Data

Community

State

United States

2010 Census

2000 Census

2010 Census

2000 Census

2010 Census

2000 Census

Racial & Ethnic Composition

Hispanic:

74, 650

63,405

978,189

White (Non-Hispanic):

47,394

543,687

African-American:

1,097

826

42,515

Asian/Pacific Islander:

1,675

1,672

28,578

Socioeconomic Status

Median Household Income:

Persons Below 100% of Poverty Level:

Persons Below 200% of Poverty Level:

Households with Social Security Income:

32.48%

30.93%

29.33%

Households with Public Assistance Income:

2.18%

2.72%

2.82%

Unemployed Persons 16 & Older:

8.94%

9.58%

9.17%

High School Graduates 25 Years & Older:

College Graduates 25 Years & Older:

In: Operations Management

Five ways to deal with a multi-ethnic team The Economic Times Byline: Rica Bhattacharyya An increasing...

Five ways to deal with a multi-ethnic team

The Economic Times

Byline: Rica Bhattacharyya

An increasing number of organisations are embracing cross-cultural diversity to leverage the understanding of a wide set of people in a complex business world. But this comes with its own set of challenges. Rica Bhattacharyya finds out how managers can best deal with such teams globally.

1. Respect Everyone

When others are articulating their ideas, it is important to disengage from your reaction, says S Raghunath, professor, corporate strategy and policy, IIM Bangalore. Leaders must make a conscious effort to avoid stereotypes linked to a particular culture and community, adds Jayesh Pandey, managing director, talent and organisation, Accenture.

2. Trust in the Diversity

The foremost advantage of a multi-cultural and multi-ethnic team is the diversity in background, and it is crucial for all team members to trust this. "Such a team can quickly realise that all team members have their own ways to solve the same problem," says Pandey. When synergised, the team can achieve results beyond individual capability, he adds.

3. Communicate Clearly

Constant communication is critical when leaders are working in virtual time where they cannot read the expressions, tone and demeanour of team members across the globe from a different context, says Pandey. The effort to understand each other's culture and perspective, and show curiosity about their lives and societal norms, will help leaders communicate effectively.

4. Socialise More

People from the same ethnic background tend to gravitate towards their social network, leading to differences of opinion with others. "There must be more socialising to appreciate the nuances and depth of each other's expertise," says Raghunath.

5. Know When To Lead

The mantra for building a successful multi-cultural team is to rally behind the person who is best suited for the job and works towards a shared purpose and goal, says Pandey.

For Reprint Rights: timescontent.com

1. Why are multinationals increasingly relying on cross-cultural teams?

2. What advantages do such teams bring?

3. Discuss each of the five suggestions. How do these suggestions relate to material discussed in the chapter?

In: Operations Management

Kayak Travel Site: Who is the target market and what are their characteristics (perception, cognition, motivation,...

Kayak Travel Site:

Who is the target market and what are their characteristics (perception, cognition, motivation, personality, lifestyle, group, culture) for:

-USA

-Asian culture

In: Operations Management

propose two strategies that an organization should consider in order to maintain its competitive advantage. Justify...

propose two strategies that an organization should consider in order to maintain its competitive advantage. Justify your recommendations.

In: Operations Management

Discuss the value of privacy from both ethical and legal perspectives. Refer to ethical theory and...

Discuss the value of privacy from both ethical and legal perspectives. Refer to ethical theory and law. Use examples and clarify your points.

In: Operations Management

Consider the following four--?step assembly operation with quality problems. -The first resource has a processing time...

Consider the following four--?step assembly operation with quality problems.
-The first resource has a processing time of 7 minutes per unit and one employee doing the operation
? The second resource has a processing time of 4 minutes per unit. It also has one employee doing the operation. However, this is a very delicate task and 0.79 of all products have to be scrapped after this step.
? Two workers are staffed for the third resource. No quality problems occur at this resource and the processing time is 17minutes per unit.
? At the fourth and final resource, one operator handles the product. No quality problems exist at this step and the processing time is 12 minutes per unit.
What is the process capacity per hour? (keep two decimal)

In: Operations Management