How can a company incorporate organizational culture into their strategic plan. Why would culture be important when implementing a new change which is intended to meet one of their goals?
In: Operations Management
objectivity is one of the characteristics of scientific research.explain how to test for it in each of the steps of the hypothetico deductive method(be clear and precise)?
In: Operations Management
Is the concept of leadership necessary only in large organizations or does it come into play in small business too? Why do you believe this? How might leadership behaviors be different in a small business environment?
In: Operations Management
There are four basic international strategies—international, global, multidomestic, and transnational. What are advantages that are associated with each of them? (an advantage for each one.)
In: Operations Management
I need a clear essay about MAGNOVA COMPONENTS.
INTRODUCTION - 200words
BODY - 400 words
CONCLUSION - 200 words.
please don't copy from old chegg answers.satisfactory answer will be given up-vote.
In: Operations Management
LinkedIn is a valuable networking technological tool in business. For this discussion you will create or update a LinkedIn account to assist in building your professional network and credibility.
In: Operations Management
How will you convert the business to an online Business through intermediaries, media sites, and key online influencers using the customer journey and the conversion model?
This is a question in a project that is based on a gas station. If anyone can please explain the steps to this question or simply help understand it.
This is the full project:
Digital Marketing Project Guideline As a group, please choose a local business that does not have an online presence. As a group please do the following:
1. Provide an overview about the chosen business (Nature of the business, business mission, vision and goals).
2. Conduct the Porter’s Five Forces Model Analysis for the industry of the chosen Business.
3. Analyze the SWOT for the chosen Business.
4. How will you convert the business to an online Business through intermediaries, media sites, and key online influencers using the customer journey and the conversion model?
5. Create an online customer persona; the characteristics of your expected target customers in details.
6. Conducts the analysis of: Political, Ethical, Social, Technological, Environmental and Legal analysis for the chosen business.
7. SOSTAC: E-SWOT (Strengths, Weaknesses, Opportunities and Threats). Objectives (Cost, sales, customer retention). Strategy (E-Segmentation, E-Targeting, Online Value Preposition). Tactics and Actions (Converting the 4Ps into E-marketing mix). Control using Web Analytics and social media analytics plus online customer satisfaction surveys.
8. Limitation for the conversion process you have faced.
9. Recommendations about Digital Marketing for the Business chosen.
2 Please note that
A. You will enhance your project with social media pages, website or application you create for the Business that will be presented and discussed on the day of your group presentation. A PowerPoint should be presented for the project.
B. You are expected to provide me with a list of references you used while preparing your project.
C. The project should be typed. Please use font type century size 13. Line spacing 1.5.
In: Operations Management
Electrolux
AB Electrolux, popularly known as Electrolux, is a global
leader in home and professional appliances, including
refrigerators, cookers, dishwashers, washing machines,
vacuum cleaners, air conditioners, and small domestic
appliances. It sells more than 50 million products in
150 countries. Headquartered in Stockholm, Sweden,
Electrolux was founded in 1919, as a result of a merger
between AB Lux, and Svenska Electron AB. In 2013,
Electrolux had revenues of approximately $14.5 billion
and employed 61,000 people worldwide.
The Electrolux group consists of six business divisions,
including four major appliances divisions, a small
appliances division, and a professional products division.
The core markets for Electrolux are Western Europe,
North America, and Australia, New Zealand and Japan
accounting for 65 percent of group sales. These markets
are characterized by low population growth and
high replacement product sales. The growth markets for
Electrolux are Africa, Middle East and Eastern Europe,
Latin America, and Southeast Asia and China contributing
35 percent to its sales. Given the rising living standards
in the growth markets, Electrolux aims to increase
its share of sales in these markets to 50 percent by introducing
innovative product offerings in the next two years.
In 2013, Electrolux was among the top five global
players in the household appliances industry, along
with Whirlpool, the Haier Group, Bosch-Siemens, and
LG Electronics. These companies contributed to nearly
50 percent of the global appliances sales. The major
drivers of this industry are increased per capita income,
changing lifestyles, consumer spending, housing activities,
and urbanization. Economic growth in emerging
markets is expected to boost the industry. The
main competitive advantages of Electrolux are global brand portfolio through horizontal integration. In the last
40 years, the group has had a series of acquisitions
around the world that strengthened its global position
through effective targeting and brand positioning
in domestic and regional markets. Examples of such
acquisitions
include Zanussi in Europe; AEG in Germany;
Frigidaire, Kelvinator, and White Westinghouse in North
America; Refripar in Brazil; and the Olympic Group in
Middle East and North Africa.
In September 2014, Electrolux unveiled its agreement
to acquire the appliance business of General Electric, GE
Appliances, for a cash consideration of $3.3 billion. GE
Appliances is one of the leading manufacturers of kitchen
and laundry products in North America, and makes more
than 90 percent of its sales in this region and runs its own
distribution and logistics network. The acquisition also
included a 48.4 percent shareholding in the Mexican appliance
company Mabe that develops and manufactures a
portion of the GE Appliances product range as part of a joint
venture with GE. According to Keith McLaughlin, President
and CEO of Electrolux, the acquisition was expected
presence, consumer insight, design, professional legacy,
Scandinavian heritage, wide product range, people and
culture, and sustainability leadership.
The vision of the Electrolux Group is to become the
best appliance company in the world as measured by
its customers, employees, and shareholders. It bases its
strategy on four pillars: innovative products, operational
excellence, profitable growth, and dedicated employees.
Its brand portfolio is strategically planned to serve luxury,
premium, and mass markets. Alongside the Electrolux
brand, the group has seven other strategic brands,
namely Grand Cuisine, AEG, Zanussi, Eureka, Frigidaire,
Molteni, and Westinghouse.
The “innovation triangle” at Electrolux encourages
close cooperation between its marketing, R&D, and design
functions to ensure faster reach to the market based
on solid consumer insights. This enables Electrolux to
use “same product architecture, differentiated design” to
develop global modularized platforms. These platforms
facilitate planning across divisions by making it easier to
spread a successful launch from one market to another
with adaptations to local preferences, and deliver greater
customer value.
By maintaining strategic emphasis on increasing operational
efficiency, Electrolux has restructured its production
across divisions globally. Electrolux has shifted nearly
65 percent of its manufacturing from mainly Western
Europe and North America to low-cost regions.
Pursuing its strategy of profitable growth, Electrolux
continuously innovates to enhance its current products
and ranges to penetrate existing markets. In 2013, it
launched many innovative products in North America and
Japan. Expanding to growth markets, Electrolux tapped
the potential of the Chinese market by launching a full
range of kitchen and laundry appliances of more than 60
products designed exclusively for China.
An important aspect of Electrolux’s strategy is
to grow through mergers and acquisitions, and build to give the company more financial horsepower on its
balance sheet to do even more business around the world.
With a growing portfolio of smartly positioned brands,
global reach, innovations based on consumer insight,
operational excellence and manufacturing efficiency, and
increased financial power, Electrolux is all set to establish
greater dominance in the global home appliances industry.
Questions
1. Evaluate Electrolux’s strategy in light of its vision and
the global trends in the household appliance industry.
2. What benefits will Electrolux receive from the acquisition
of GE Appliances? How does it fit in with the
strategic direction of the group? What other strategic
options can Electrolux pursue for future growth to
achieve greater global dominance?
In: Operations Management
Describe the approaches you would use to ensure that all aspects of patient care were considered when developing a CDS system. How would your prioritized the efforts of your CDS team? Potential areas on which to focus include areas in which payment rates are tied to national quality measures, CDS interventions that meet meaningful use requirements, readmission for congestive heart failur÷ and other care events for which payers are increasingly not reimbursing, and areas that have been identified as institutional priorities for clinical improvement.
In: Operations Management
In: Operations Management
A firm has established a distribution network for the supply of a raw material critical to its manufacturing. Currently there are two origins for this material, which must be shipped to three manufacturing plants. The current network has the following characteristics:
Costs |
plant 1 |
plant 2 |
plant 3 |
supply |
raw material source 1 |
$6 |
$8 |
$9 |
400 |
raw material source 2 |
$4 |
$7 |
$3 |
600 |
demand |
500 |
500 |
500 |
supply < demand |
The firm has identified two potential sites for a third raw material source; these are identified as Candidate A and Candidate B. From A, the costs to ship would be $9 to Plant 1, $10 to Plant 2, and $12 to Plant 3. From B, these costs would be $11, $14, and $8. The new source, wherever it is located, will have a capacity of 500 units. Solve with the transportation method. Which site should be selected?
site should be selected?
In: Operations Management
A. Tonka sells a tractor to Michael who is 16 years old. Michael paid $3000 for the tractor. The next day while mowing a person's lawn Michael flips over the tractor doing extensive damage. It turns out Michael was drunk at the time. The next day he returns the tractor to Tonka demanding the return of his money. Tonka determines that the tractor has sustained $2000 in damages and tells Michael they are deducting that the money that Michael has paid. Is Michael entitled to receive back all of the money he has paid and be released from the contract? Explain.
B. When Michael arrived home from Tonka he saw his neighbor had a problem with the tree that fell on the neighbor's house Michael spent eight hours helping the neighbor cut and remove the tree. The neighbor was so grateful that after they finished the neighbor offered to pay Michael $500 for his help. Michael told the neighbor he appreciated the offer and could use the money. If the neighbor refuses to pay can Michael enforce the promise? Why or why not?
In: Operations Management
Is there ever a time when a business decision is legal, but unethical? Please explain your response providing an example if possible.
In: Operations Management
Starbucks and Caribou Coffee are fierce competitors.
Research the two companies., "If a firm seeks to achieve a competitive advantage, its staffing strategy should support its business strategy"
Please help me with the 2 following questions:
In: Operations Management
Question about the report of the green swan.
Why Central Banks need to act for reducing uncertainties in the market?
In: Operations Management