Questions
1. Assume that in Denmark it takes 16 hours to build a Ford minivan and 23...

1. Assume that in Denmark it takes 16 hours to build a Ford minivan and 23 hours in Russia to build a comparable vehicle. Assume also that it takes 6 hours to produce a mobile phone in Denmark and 8 hours to build a similar phone in Russia. According to trade theory, is there a basis for trade between Denmark and Russia?

2. Why might Russia refuse to trade with Denmark, in spite of what trade theory suggests? Give two reasons.

In: Operations Management

Based on your professional experience, conduct and complete a Critical Function Analysis (CFA) on a past...

Based on your professional experience, conduct and complete a Critical Function Analysis (CFA) on a past project, or another project which requires a critical function analysis.

In: Operations Management

How has the COVID-19 virus impacted Nike (SWOT/5 Forces)?

  1. How has the COVID-19 virus impacted Nike (SWOT/5 Forces)?

In: Operations Management

At a dental clinic, in the past, patients can walk in to see the dentist. Both...

At a dental clinic, in the past, patients can walk in to see the dentist. Both inter-arrival time and service time by the dentist are random. It is also observed that arrival rate is smaller than the service rate. Now the clinic has implemented an appointment system with a constant time slot length for each patient. As a result, assuming that all patients arrive on time, the time between the arrival of two consecutive patients is a constant. Suppose that the overall arrival rate of patients is the same as before, and so is the service time distribution by the dentist.

Under the current situation with the appointment system, how does the average patient waiting time change?

It is shorter than before.

It is the same as before

Cannot be determined

It is longer than before

In: Operations Management

In a paragrah highlight the corporate level strategy for Albemarle corporation (ALB)

In a paragrah highlight the corporate level strategy for Albemarle corporation (ALB)

In: Operations Management

Most experts believe that an ERP system, with all the advantages it offers, also has drawbacks,...

Most experts believe that an ERP system, with all the advantages it offers, also has drawbacks, such as high cost, difficulties in installation, a need for extensive training and compatibility problems with legacy systems. After reading the information presented in this chapter and other sources, write a two-page paper that recommends some way to minimize these drawbacks

In: Operations Management

Nike Big Data Management With the analysis on the business of this leader in the sports...

Nike Big Data Management

With the analysis on the business of this leader in the sports industry, it indicates that NIKE is facing a problem in how to market their customers in a more customized way in order to regain the market share for the young market especially.

According to the 5-forces, Nike is suffering from the great level of competitive rivalry in a saturated market. People within this market have very low cost in switching to other brands while competitors are having similar features on their products. Obviously, NIKE’s young market is losing loyalty to it, while Adidas, New Balance and Puma in sports and Vans, Converse and Supreme in streetwear performance are gaining momentum. It is possible to say that they are not only competing on shoes and clothes but also technologies and stylish design nowadays as customers and even retailers have so much to choose from.

On the other hand, NIKE seems to be ignoring some speciality sports retailers while retailers have deep ties to the young market and community. They act an important role in the distribution chain to help promote the brands. NIKE has to closely work with its retail partners like Foot Locker and even more on its 200+ NIKE stores or other speciality sports retailers.

Moreover, young customers usually go to these stores looking for advice on fitting and matching which means stores seriously affecting teenagers’ selection. In this case, the taste and value of the young customer may have been changed a lot in these couple years due to the influence of social media. Therefore, to regain larger market share and create higher profit, NIKE can use BDA on issues like “The most influential athlete to teenagers'', “The fashion color of the coming year”, “Hot icon or images in the world”, “How many hashtags on the product” and “Most popular Internet celebrity” etc. Although NIKE have been innovative for a long time and equipped with advanced technologies, only further customized marketing can take it up to a notch.

- Please write considerations in developing a Strategy for Integrating Big Data Analytics into the selected company. (300words)

I already wrote strategy about data environment and protection, customer acquistition and retention, personalizing customer experience, network capability, product differentiation, and information technology.

Please bring up the unique idea for me. please help me.

In: Operations Management

Describe how we can use Markov analysis to make future predictions. 200-250 word response

Describe how we can use Markov analysis to make future predictions. 200-250 word response

In: Operations Management

describe how does the law of demand, changes in demand, and law of supply influence starbucks...

describe how does the law of demand, changes in demand, and law of supply influence starbucks coffee Corporation

In: Operations Management

You’re going to investigate and document the story of a famous new product flop (and market...

You’re going to investigate and document the story of a famous new product flop (and market research failure) and how you went back in time to fix it

What is the market research finding that you're going to go back in time and share with management to stop the introduction of the Microsoft Zune?

In: Operations Management

For this assignment, you play the role of an marketing analyst for an online travel site...

For this assignment, you play the role of an marketing analyst for an online travel site called GlobalTrekTravel (GTT, a fictitious online business used for this course). GTT is focused on international travelers and provides online booking tools for airfare, ground transportation, hotel and sight-seeing tours, travel insurance, language support with translation services, passport and visa document preparation, and medical immunization recommendations. In sum, GTT addresses all needs of an international business or holiday travelers to have successful journeys. GTT’s marketing focuses on this value proposition: “We give you integrated travel services for all your International business and personal travel needs, saving time and frustration. We stay current to the world’s everchanging travel conditions, reducing your travel stressors.”

Your objective is to help them better understand their customers and find ways to use digital channels and data to serve their needs. They are seeking a customer journey analysis, that will allow them to take appropriate action.

In: Operations Management

what is competitive pricing and how is it used? in 200 words and in own words...

what is competitive pricing and how is it used? in 200 words and in own words please.

In: Operations Management

what is the current prices and quantities for starbucks coffee? is the product currently above ,...

what is the current prices and quantities for starbucks coffee? is the product currently above , below, or at equilibrium?

In: Operations Management

Here are some of the topics we are going to discuss about Amazon the topic I...

Here are some of the topics we are going to discuss about Amazon the topic

I need to be discussed is o Handling conflict and how is amazon handles that?

and if there’s any way I can get the cite of the explanation as well thanks

In: Operations Management

Conduct a PEST analysis for Airbnb: What are Airbnb's Porter’s Five Factors?

Conduct a PEST analysis for Airbnb:

What are Airbnb's Porter’s Five Factors?

In: Operations Management