Prepare a short report that evaluates their “ETHICAL BUSINESS PRACTISE” of Hilton in terms of Sustainability.
400 words
Must include:
-description of the activities
- the assessment of these activities (using theory, concepts and approaches )
In: Operations Management
Discuss the importance of an organization’s mission, vision, values, and strategies.
In: Operations Management
In: Operations Management
Ikea is a Swedish based multinational corporation that designs and sells ready-to-assemble furniture and home accessories. IKEA is the largest furniture company in the world. It is known for its modern architectural designs, as well as its attention to continuous product development, operations details, and cost control. IKEA relies on design innovation to bring great quality and beautiful designs to the market and its stores by collaborating with the best designers from various parts of the world. It has developed cost efficient and innovative methods to match people’s expectations of price and quality. Answer all the three following questions in relation to IKEA. You can use your study material and other resources to write your answers. Use your own words and adhere to the wordcount specified for each question
Question 1: Innovation at IKEA (30 marks, 300 words) A. Why is IKEA an innovative company? Support your answer with examples. B. Discuss the role of four business functions at IKEA. Give at least two innovation examples for each business function at IKEA
Question 2: Product offering and targeting (30 marks, 300 words) A. Discuss the three levels of a product by using the HAMARVIK mattress as an example. B. Discuss the four targeting strategies. Which targeting strategy does IKEA use for its mattresses. Justify your answer. (Check the mattress section on the IKEA website before answering this question)
Question 3: The marketing mix and innovation (40 marks, 500 words) IKEA’s marketing strategy consists of market segmentation, targeting, positioning and the marketing mix. IKEA’s marketing strategy enables the company to be a successful player in the global market. Using your B207A course material, evaluate how the innovation in IKEA’s marketing mix elements are used to position the products within the minds of consumers. Your answer should contain the following: 1- IKEA’s market segmentation and targeting 2- What is positioning. How is it related to the marketing mix? 3- Examples of IKEA’s marketing mix elements and their contribution to brand positioning
In: Operations Management
Scenario: Your organization has used a variety of collaboration systems developed by some project managers. Some of these systems were successful while others were not. Your organization has one unique challenge—many of your employees are staffed at other locations or work from home (telework). You would like to standardize the collaboration process to improve team communication for all company projects. In your presentation, you should include the elements listed below.
Explain why collaboration information systems (IS) are important from the organization’s perspective.
Discuss how collaboration tools can improve team communication.
Identify three tools that will be used for synchronous communications and three tools that will be used for asynchronous communications. Be sure to explain why you made these choices.
Describe how project files, such as Microsoft (MS) Word, MS Excel, MS Project, and MS Visio, will be shared with team members. Be sure to explain the rationale behind your choice.
Explain how the task list for managing tasks will be shared with team members. Be sure to explain the rationale behind your choice.
Discuss how this new collaboration IS could provide competitive advantages for your organization.
Your presentation should be a minimum of six slides in length (not counting the title and reference slides). Use of images, graphics, and diagrams is encouraged. You can use an industry of your choosing or examples from your personal or professional experiences in developing this assignment.
In: Operations Management
The demand for subassembly S is
110
units in week 7. Each unit of S requires
2
unitss
of T and
1
unitnothing
of U. Each unit of T requires
1
unitnothing
of V,
2
unitss
of W, and
1
unitnothing
of X. Finally, each unit of U requires
1
unitnothing
of Y and
2
units of Z. One firm manufactures all items. It takes 2 weeks to make S,
2
weekss
to make T, 2 weeks to make U,
1
weeknothing
to make V,
2
weeks to make W,
2
weekss
to make X, 2 weeks to make Y, and
2
weekss
to make Z.
LOADING...
Click the icon to view the product structure and the time-phased product structure.
In addition to
110
units of S, there is also a demand for
20
units of U, which is a component of S. The
20
units of U are needed for maintenance purposes. These units are needed in week 6. Modify the gross material requirements plan to reflect this change (type 0 if the input box is not used).
Week |
Lead Time |
||||||||
Item |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
(weeks) |
|
S |
Gross req |
0 |
0 |
0 |
0 |
0 |
0 |
110 |
|
Order release |
0 |
0 |
0 |
0 |
110 |
0 |
0 |
2 |
T |
Gross req |
nothing |
nothing |
nothing |
nothing |
nothing |
nothing |
nothing |
|
Order release |
nothing |
nothing |
nothing |
nothing |
nothing |
nothing |
nothing |
2 |
In: Operations Management
1. A project has a PV of $65,000, an EV of $75,000 and an AC of $82,000.
Is the project over or under budget? How can you tell? 20. Is the project ahead of or behind schedule? How can you tell?
2. A project has a PV of $10,000, a SPI of 0.92 and a CPI of 0.90.
In: Operations Management
Do you think you could be completely disconnected from any type of modern technology? Would there be benefits to disconnecting? Is there a specific technology or gadget that you use in your personal life that you could not live without? Could you do your current job without technology? Why or why not?
In: Operations Management
What are the Risk associated with gaining competitive advantages by Corus hotels?
600 words. No plagiarism plz
In: Operations Management
The catering manager of LaVista Hotel, Lisa Ferguson, is disturbed by the amount of silverware she is losing every week. Last Friday night, when her crew tried to set up for a banquet, they did not have enough knives. She decides she needs to order some more silverware, but wants to take advantage of any quantity discounts her vendor will offer.
>For a small order (2,000 pieces or less) her vendor quotes a price of $1.80/piece.
>If she orders 2,001 to 5,000 pieces, the price drops to $1.60/piece.
>5,001 to 10,000 pieces brings the price to $1.40/piece, and
>10,001 and above reduces the price to $1.25/piece.
Lisa's order costs of $205 per order, her annual holding costs are 5%, and the annual demand is 44,600 pieces. For the best option, (the best option is the price leve that results in an EOQ within the acceptable range).
A) What is the optimum ordering quantity?
B) What is the annual holding cost?
C) What is the annual ordering cost?
D) What are the annual cost of the silverware with an optimal order quantity?
E) What is the total annual cost, including ordering, holding, and purchasing the silverware?
In: Operations Management
services are uniquely different from products in a number of ways. Based on the unique characteristics/differences of services, discuss whether or not the traditional marketing mix (4Ps) is entirely applicable to the marketing of services. Explain the implications of the “people” aspects of the extended marketing mix for non-profit organisations, such as a local or regional charity or museum 600 words
In: Operations Management
n this unit, we explore the structured approach to modeling business processes. In this practical assignment, using the business process of a fictional package delivery service (a courier company) called On the Spot Courier Services, you will create data flow diagrams that demonstrate the business processes that would need to be supported by a new system.
Scenario:
When Bill got an order, at first, only on his phone, he recorded when he received the call and when the shipment would be ready for pickup. Sometimes, customers wanted immediate pickup; sometimes, they were calling to schedule a later time in the day for pickup.
Once he arrived at the pickup location, Bill collected the packages. It was not uncommon for the customer to have several packages for delivery. In addition to the name and address of the delivery location, he also recorded the time of pickup. He noted the desired delivery time, the location of the delivery, and the weight of the package to determine the courier cost. When he picked up the package, he printed out a label with his portable printer that he kept in the delivery van.
At first, Bill required customers to pay at the time of pickup, but he soon discovered that there were some regular customers who preferred to receive a monthly bill for all their shipments. He wanted to be able to accommodate those customers. Bills were due and payable upon receipt.
To help keep track of all the packages, Bill decided that he needed to scan each package as it was sorted in the warehouse. This would enable him to keep good control of his packages and avoid loss or delays.
The delivery of a package was fairly simple. Upon delivery, he would record information about when the delivery was made and who received it. Because some of the packages were valuable, it was necessary in those instances to have someone sign for the package.
On the Spot courier services grew and changed over the years. At first, Bill received requests for package pickups on his mobile phone, recorded that information in a log, and would then drive around to retrieve all the packages later in the day. However, he soon discovered that with another driver, it was difficult to coordinate pickups between the two of them from his van. It was not long before he reorganized his business and turned the warehouse employee into a driver. Then, he stayed in the warehouse himself, and his two employees made all the pickups and deliveries. This worked well because he could control and coordinate the pickups and deliveries better. It was also easier for him to receive pickup requests working at a desk rather than trying to do it while driving a delivery van.
As he thought about how his business was growing and the services he provided to his customers, Bill began to itemize the kinds of information he would need to maintain.
Of course, he needed to maintain information about his customers. Some of his customers were businesses; some were individuals. He needed to have basic address and contact information for every customer. Also, for his corporate customers, he needed to identify a primary contact person. It was mostly his corporate customers who wanted to receive monthly statements listing all their shipments during the month and the total cost. Bill needed to distinguish which customers paid cash and which wanted monthly statements. In fact, for those that paid monthly, he needed to keep a running account of such things as when they were last billed, when they paid, and any outstanding balances. Finally, when payments were received, either for individual shipments or from monthly invoices, he needed to record information about the payment: type of payment, date, and amount. Although this was not a sophisticated billing and payment system, Bill thought it would suffice for his needs.
Next, he started thinking about his packages and shipments. At the time that a request for a pickup came in, he needed to keep track of it as some type of delivery request or delivery order. At that point in time, Bill mostly needed to know who the customer was, where the pickup location was, and what date and time the package(s) would be ready for pickup. He also recorded the date and time that he received the order. A delivery order was considered “open” until the delivery van arrived at the pickup location and the packages were all retrieved. At that point, the delivery order was satisfied.
Once the packages were retrieved, each package needed to be uniquely identified. Bill needed to know when it was picked up and which delivery person picked it up. Other important information was the “deliver to” entity name and the address. He also needed to identify the type of delivery. Some packages were high priority, requiring same-day delivery. Others were overnight. Of course, the weight and cost were recorded so the customer could either pay or have it added to the monthly invoice.
In the courier and delivery business, one of the most important information requirements is the date and time stamp. For each package, it is important to know when it was picked up, when it arrived at the warehouse, when it went back out on the delivery run, and when it was delivered. When possible, it is also important to have names associated with each of these events.
First, start with a context level data flow diagram by brainstorming the sources/sinks (which are the people/systems that interact with this system). Next, you will list the tasks performed by these entities, and show them on the diagram.
Next, you will begin decomposing the system by showing its various processes (and labeling them x.x, ex: 1.0, 2.0, etc). Be sure to also include any datastores (any time data is stored/retrieved, a process must use a datastore). You should then be able to decompose these processes to an additional level, where each process will have a more granular identifier (ex: 1.1, then 1.1.1, etc). You should be able to develop a data flow diagram up to level 2, with no fewer than 6 data flow diagrams.
In: Operations Management
1. What is the difference between the implementation of innovation and entrepreneurship within the organization from a strategic management and business strategy perspective?
2. What are some of the benefits and risks of vertical integration as part of a company’s business strategy?
3 What are some of the strengths and weaknesses of mergers and acquisitions that would determine which is best for the organization?
4. From a business strategy perspective, what factors must be considered as part of a successful global strategy?
5. Why is it important for the organizational structure to be in alignment with the organization business strategy?
In: Operations Management
What are the factors impacting on achieving sustaining competitive advantage of Corus hotels and What will be the Future strategic direction of Corus Hotels to gain competitive advantage?
Risk associated with gaining competitive advantages by Corus hotels?
In: Operations Management
Cesar Rego Computers, a Mississippi chain of computer hardware and software retail outlets, supplies both educational and commercial customers with memory and storage devices. It currently faces the following ordering decision relating to purchases ofdisks:
D |
37,000 disks |
S |
$23 |
I |
23% |
Purchase price |
$0.88 |
Discount price |
$0.82 |
Quantity needed to qualify for the discount = 5,900 disks.
What is the EOQ?
EOQ = ___ units (round your response to the nearest wholenumber).
Since the total cost with discounted volume is (greater than or equal to/ less than?) the total cost at the EOQ volume, Cesar Rogo should (take or not take)
the discount, provided other factors such as storage space, etc. permits.
In: Operations Management