Questions
The decision on departmentalizing depends on the company and industry, but what method would work best...

The decision on departmentalizing depends on the company and industry, but what method would work best for a typical American company company, for your company, or a company you know? These organizing principles apply to most any organization - as an example, how would you organize your community association?

In: Operations Management

What is sourcing in HR? Why we need to source explain and what are the lead...

What is sourcing in HR? Why we need to source explain and what are the lead and lag indicators of evaluation in sourcing

In: Operations Management

Discuss how, why, and where a critical incident technique is used.

Discuss how, why, and where a critical incident technique is used.

In: Operations Management

Write 4-6 professional-level paragraphs on ANY movie of your choice that contains a leadership lesson (even...

Write 4-6 professional-level paragraphs on ANY movie of your choice that contains a leadership lesson (even FROZEN has a ton of leadership lessons - you just have to look for them.) Write up a summary of what leadership lessons you've learned. Be specific. I want to know what leadership styles you saw. Add what events showed you what kind of leader someone was. What situations were most impactful to you (as you as a developing leader yourself) as you watched the movie. What lessons will you takeaway into your own leadership and why?

In: Operations Management

As part of the internationalization process, when did The Coca-Cola Company first started their licensing in...

As part of the internationalization process, when did The Coca-Cola Company first started their licensing in China? What were the FSAs or CSAs the company used to help with licensing in China?

In: Operations Management

1. How will small businesses, which are now closed, under shelter-in-place orders continue to exist? 2....

1. How will small businesses, which are now closed, under shelter-in-place orders continue to exist?

2. How will small businesses continue to make payroll and pay for benefits, if they are closed?

3. Will banks make bridge loans to small businesses, given their failure rate?

In: Operations Management

Identify and briefly explain what is meant by each of the following terms: a. horizontal scope...

Identify and briefly explain what is meant by each of the following terms:

a. horizontal scope
b. vertical scope
c. scope of the firm


In: Operations Management

11. Managers who train and supervise the performance of nonmanagerial employees and who are directly responsible...

11. Managers who train and supervise the performance of nonmanagerial employees and who are directly responsible for producing the company's products or services are categorized as:

a. middle managers

b. team leaders

c. general managers

d. top managers

e. first-line managers

12. Mike Walker supervises operations on the chassis assembly line for a large vehicle manufacturer. Most of his time is spent in quality control maintenance, scheduling workers, and training new employees. Walker would be categorized as a:

a. team leader

b. top manager

c. first-line manager

d. group facilitator

e. middle manager

13. The two kinds of external organizational environments are the general environment and the specific environment.

True

False

14. External environments are the forces and events outside a company that have the potential to influence or affect it.

True

False

15. Resource scarcity is the degree to which an organization's external environment has an abundance or lack of critical organizational resources.

True

False

16. The best way to manage legal responsibilities is to retain a large staff of legal specialists to defend the company against any charges.

True

False

17. Organizational culture refers to the set of key values, beliefs, and attitudes shared by organizational members.

True

False



18. ____ is a tactic in which an advocacy group actively tries to convince consumers not to purchase a company's product or service.

a. Product boycott

b. Media advocacy

c. Lobbying

d. Market denigration

e. Public communications

In: Operations Management

Rutgers is planning to expand its capacity in athletic centers. They purchased a pretty big piece...

Rutgers is planning to expand its capacity in athletic centers. They purchased a pretty big piece of land, so space is not really an issue. The options that they have are four, in terms of facilities: basketball, tennis, football, and baseball. A basketball facility is expected to cost 10,000$ and should be used by around 75 people per day. A tennis facility is expected to cost 8,000$ and should be used by around 45 people per day. A football facility is expected to cost 13,000$ and should be used by around 110 people per day. Finally, a baseball facility is expected to cost 11,000$ and should be used by around 80 people per day. Although the planner (you) is free to choose as many facilities per type as he wants, there are some restrictions: football facilities should be no more than 5 and the available budget is 250,000$. The objective is to maximize the daily usage.

At the optimal solution, how many basketball facilities should be built?

A.

None of the above

B.0

C.5

D.13

In: Operations Management

List the tools and techniques used in the project initiation domain. Note that there is a...

List the tools and techniques used in the project initiation domain. Note that there is a difference between tools and techniques.

In: Operations Management

Walmart’s Global Strategy Walmart’s international division has an important job. With 80% of the retail industry’s...

Walmart’s Global Strategy

Walmart’s international division has an important job. With 80% of the retail industry’s growth coming from outside of the United States, Walmart’s $137 billion in international sales in 2014—29% of sales overall—is a key driver of overall revenue growth. To drive this performance, David Cheesewright, CEO of Walmart’s international division, is focusing on current operations in growth markets and e-commerce. Shopping trends indicate that what customers buy is changing fast, and that they are quickly switching to online shopping platforms. After decades of work trying to develop a foundation in the Chinese market, Walmart is consolidating its portfolio of stores in that country, closing nonperforming retail stores and investing in successful ones. To enter the Chinese e-grocery market, Walmart holds a 51% stake in Yihaodian, which has posted triple-digit growth—twice the market rate. The company’s operations in Brazil and Mexico are experiencing slowing growth, in part a result of economic cycles and their brand’s life cycle, but they still offer the opportunity to develop strong, mature businesses. International expansion comes with country-specific challenges. After experiencing too many regulatory difficulties in India, Walmart canceled plans to open retail stores there. Instead, Walmart India is focusing on business-to-business sales.

Although Walmart has successfully dominated the U.S. market, it has found that expanding its reach across the globe does not always fit with its strengths. In addition, navigating the variety of economic and regulatory requirements across different countries adds significant complexity to the company’s operations. Finally, gaining access to and managing workforces with different values, cultures, and languages present tremendous challenges.

QUESTIONS

  1. What criteria should a company use to determine which countries it should expand into?

  2. How can a company assess how cultural and economic differences might impede its ability to succeed in different countries?

  3. What things can companies do to manage a global workforce more effectively?

SOURCE: S. Banjo, “Wal-Mart’s Strategy to Jump Start Growth in China,” Wall Street Journal, August 5, 2014.

PreviousNext

In: Operations Management

I am making a project on iphone12. Could you provide me workbreakdown structure of iphone 12?

I am making a project on iphone12. Could you provide me workbreakdown structure of iphone 12?

In: Operations Management

5- There are four common approaches to OD and organizational change. Lewin’s model and Kotter’s model...

5- There are four common approaches to OD and organizational change. Lewin’s model and Kotter’s model are common planned change processes that usually rely on the mechanisms of formal organization. Illustrate one of these models

(The answer should not be less than 300 words)                                           

In: Operations Management

For each of the following independent situations, assume that any amounts would be material.      (I) Indicate...

For each of the following independent situations, assume that any amounts would be material.

     (I) Indicate the TYPE of appropriate audit report; A. unqualified, B. qualified or adverse, C. qualified or disclaimer, D. Disclaimer, E. Qualified only, or F. Other. INDICATE the situation involved, i.e "Accounting situation", and DISCUSS the situation.

    (II) State whether an explanatory paragraph [i.e. PCAOB audit] would be included, and if so, what would be included in the explanatory paragraph.

   (III) For an UNQUALIFIED auditor's report, if the wording would be changed, indicate how it would be changed [Relates to Shared Report].

   (iv) The auditor agrees to any accounting change, if the change is proper GAAP.

1. The company uses an appraiser's estimate of current Replacement Cost to report the value of previously acquired land owned by the company.  It is felt this is more recent information

2. The controller requested that the auditor not send accounts receivable confirmations to its largest customers. The auditors used alternative procedures to ascertain the existence of the receivables

3. The company uses Lower of Cost or Market rather than Historic Cost to value inventory. It is felt that this is more recent information.  

In: Operations Management

Forrester and Cohen is a small accounting​ firm, managed by Joseph Cohen since the retirement in...

Forrester and Cohen is a small accounting​ firm, managed by Joseph Cohen since the retirement in December of his partner Brad Forrester. Cohen and his 4 CPAs together bill 800 hours per month. When Cohen or another accountant bills more than 160 hours per​ month, he or she gets an additional​ "overtime" pay of ​$61.00 for each of the extra​ hours: This is above and beyond the $5,100 salary each draws during the month.​ (Cohen draws the same base pay as his​ employees.) Cohen strongly discourages any CPA from working​ (billing) more than 230 hours in any given month. The demand for billable hours for the firm over the next 6 months is estimated​ below:

Month:                   Estimate of Billable Hours

Jan.                                         682

Feb.                                         539

Mar.                                        1133

Apr.                                         1331

May                                         726

June                                        638

Cohen has an agreement with​ Forrester, his former​ partner, to help out during the busy tax​ season, up to 230 hours in any given month if​ needed, for an hourly fee of $120. Cohen will not even consider laying off one of his colleagues in the case of a slow economy. He​ could, however, hire another CPA at the same​ salary, as business dictates.

a) Develop an aggregate plan for the​ 6-month period ​(enter your responses as whole​ numbers). Use regular​ time, then​ overtime, then​ Forrester, and then hire additional CPAs if needed.

​Note: For the CPA​ column, only include​ Cohen, his 4 CPAs, and any new CPAs he may hire in your total. Do NOT include Forrester.

Month

Est. of Billable hours

CPAs

Reg. time billable hours

Reg. time cost

Overtime hours

Overtime cost

Forrester hours

Forrester cost

Jan

682

?

?

?

?

?

?

?

Feb

539

?

?

?

?

?

?

?

Mar

1133

?

?

?

?

?

?

?

Apr

1331

?

?

?

?

?

?

?

May

726

?

?

?

?

?

?

?

Jun

638

?

?

?

?

?

?

?

b) Compute the cost of​ Cohen's plan of using overtime and Forrester.

Total cost= ?

In: Operations Management