How is the increasing number of megacities seen as a sustainability opportunity?
In: Operations Management
Financial technology, also known as FinTech is an industry composed of companies that use new technology and innovation with available resources in order to compete in the marketplace of traditional financial institutions and intermediaries in the delivery of financial services.
The use of mobile apps is embedded in the average Mauritian’s everyday life while the country already provides services such digital insurance, mobile banking amongst others.
Several enterprises, particularly those aiming towards Africa, are already using Mauritius as a viable Fintech platform. The stable business climate and well-established corporate governance culture in Mauritius, favorable time zone, excellent connectivity and highly-educated labour, mitigates the high-risk profile of certain African countries.
Question:
The Mauritius Central Automated Switch (MauCAS) is a novel state-of-the art digital hub fully owned and operated by the Bank of Mauritius for routing payments among operators on a 24x7 basis. Do you believe MauCAS will be a success or failure in Mauritius? Justify your answer.
Answer should be in 1000 words
In: Operations Management
a. In your opinion, is "open source" innovation a good idea for technology transfer?
b. Are there potential drawbacks to using such systems?
c. What do you suggest in order to protect intellectual property rights while using open source?
In: Operations Management
Balanced scorecards are widely used by companies to “balance” their financial with nonfinancial objectives. Do a Google search using the phrase “Coca-Cola balanced scorecard” or “balanced score-card images” or “balanced scorecard examples” to see examples.
Prepare a new and improved balanced scorecard for Coca-Cola.
Explain why your recommended balanced scorecard is best for
Coca-Cola.
In: Operations Management
What are the accounts that make up Shareholder’s Equity on the Balance Sheet?
In: Operations Management
What impact has telecommunications played in the marketing channels arena?
In: Operations Management
write minutes of a meeting using Microsoft Word Name of the organization Date and time the meeting Those present and those who could not attend A list of the agenda items/topics Summary of discussion for each agenda item The actions people committed to Summary of any decisions made
In: Operations Management
Develop a blog based on a trend or challenge (current or future) in business that you find interesting. To help you prepare for your blog creation you will complete the attached development guide. Answer all questions completely. The more detail, the better it will be in developing your blog.
Blog Development Guide
1. Blog Post Topic? (What will be the focus of your blog?) (Write a minimum of two paragraphs. Be specific with theories, approaches, key concepts, scope, and overview.)
2. Is the topic problematic in research (meaning differing opinions on approaches…be specific)?
3. List three critical questions you should ask yourself about the topic before you begin:
a.
b.
c.
4. Audience Demographics:
a. Professions:
b. Interests:
5. What are three potential titles for your blog post?
a.
b.
c.
Blog Post
6. What will be the topic of your first blog post?
7. What is the larger significance of your topic in your field?
8. Who or what could benefit from your blog post?
9. How will your topic address/include multicultural/diversity perspectives?
RESEARCH AVENUES
10. List three urls for blogs that are related to your field and your blog post focus?
a.
b.
c.
PERSONAL CONNECTIONS - REFLEXIVITY
11. What drew you to this topic?
12. How will your relationship, or preconceived notions, affect your research and writing process?
In: Operations Management
The Economic Order Quantity (EOQ) model is a classical model used for controlling inventory and satisfying demand. Costs included in the model are holding cost per unit, ordering cost and the cost of goods ordered. The assumptions for that model are that only a single item is considered, that the entire quantity ordered arrives at one time, that the demand for the item is constant over time, and that no shortages are allowed.
Suppose we relax the first assumption and allow for multiple items that are independent except for a restriction on the amount of space available to store the products. The following model describes this situation:
| Let Dj = | annual demand for item j |
| Cj = | unit cost of item j |
| Sj = | cost per order placed for item j |
| i = | inventory carrying charge as a percentage of the cost per unit |
| W = | the maximum amount of space available for all goods |
| wj = | space required for item j |
The decision variables are Qj, the amount of item j to order. The model is:
In the objective function, the first term is the annual cost of goods, the second is the annual ordering cost (Dj/Qj is the number of orders), and the last term is the annual inventory holding cost (Qj/2 is the average amount of inventory).
Set up a spreadsheet model for the following data:
| Item 1 | Item 2 | Item 3 | |
| Annual Demand | 2,500 | 2,500 | 1,500 |
| Item Cost ($) | 100 | 50 | 80 |
| Order Cost ($) | 165 | 145 | 125 |
| Space Required (sq. feet) | 50 | 25 | 40 |
W = $21,000
i = 0.3
Solve the problem using Excel Solver. Hint: You will need to start with decision variable values that are greater than 0 for Solver to find a solution.
If required, round your answers to two decimal places.
Optimal Solution:
Q1 =
Q2 =
Q3 =
If required, round your answer to the nearest dollar. Do not round intermediate calculations.
Total cost = $
In: Operations Management
GLOBAL MACROTRENDS AND THEIR IMPACT ON SUPPLY CHAIN MANAGEMENT
Ch. 11 Mitigating Demand-Driven Imbalance
There are four separate demand attributes that can lead to demand-supply imbalances. Are they all the same or should a business be more willing to allow one type over another? What factors go into that decision?
In: Operations Management
According to Edgar Schein, organizational culture are
the shared beliefs and values among a group of people which
influences how they perceive, think, and react in the organization.
There are four types of organizational culture:
Clan-Internal focus that values flexibility
Adhocracy-A risk taking culture with an external focus
on flexibility
Market-A competitive culture with an external focus on
profits over employee satisfaction
Hierarchy-A structured culture valuing stability and
effectiveness internally
How would you describe the organizational culture of a
previous or current place of employment? And why?
Do you think this type of culture is best suited to
help the company achieve its strategic goals? Explain.
In: Operations Management
Maslow's needs of hierarchy is not perfect. However, beginners may use it for marketing purpose. How could a new marketing manager for each of the following organization use Maslow's needs hierarchy to develop marketing strategy based on the need that can be fulfilled by the product/service offered by the organization?
a. Coach designer purse
b. Revlon Cosmetics
c. Colonial Penn Life Insurance
d. The Girl Scouts
e. Calvin Klein Jeans
In: Operations Management
On 13th April 2020, an article was published on the internet under the title "After the pandemic: How will Covid-19 transform global health and development?"
Please, read the article and answer the following question:
Do you think there can be any positive consequences to public health after the current pandemic crisis? Please, justify your answer and provide examples, if possible.
In: Operations Management
GLOBAL MACROTRENDS AND THEIR IMPACT ON SUPPLY CHAIN MANAGEMENT
Ch. 11 Mitigating Demand-Driven Imbalance
There are four separate demand attributes that can lead to demand-supply imbalances. Are they all the same or should a business be more willing to allow one type over another? What factors go into that decision?
In: Operations Management
GLOBAL MACROTRENDS AND THEIR IMPACT ON SUPPLY CHAIN MANAGEMENT
How does shaping demand differ from anticipating demand? Who can shape demand, and how is it accomplished?
(3-4 paragraphs please) (4-5 sentences each)
In: Operations Management