Post your article here and include the following information in your post:
1. What is the article about?
2. What did you learn?
3. How does it relate to the readings from the book this week?
This discussion for the class BU 491Management Issues and
Society
In: Operations Management
According to Transparency International, the United States is the least corrupt country in the world.
Question 1 options:
True | |
False |
Question 2 (4 points)
If a company does not hold any patents, then they do not have any intellectual property issue to deal with abroad.
Question 2 options:
True | |
False |
Question 3 (4 points)
While increased regional economic integration means that markets that were once protected and not open to foreign trade and investment are increasingly opening, it also means both domestic and foreign companies will
Question 3 options:
Have increased competition within the integrated region and abroad |
|
Have more standards to apply for within these regional markets |
|
Have higher tariff barriers to entry between countries in the economic region |
Question 4 (4 points)
If a U.S. company files and receives a patent from the U.S. Patent and Trademark Office, they do not have to file for patent and other intellectual property protection in other countries.
Question 4 options:
True | |
False |
Question 5 (4 points)
When entering international partnership agreements (i.e., distribution or sales rep agreements), those non-U.S. partners are not subject to U.S. laws against corruption, as long as they are not directly employed by the U.S. company.
Question 5 options:
True | |
False |
Question 6 (4 points)
A primary challenge that Netshoes.com faced and corrected was:
Question 6 options:
Providing quality experience customer service via eCommerce |
|
Shipping to customers on time |
|
Having the correct brands available |
|
Understanding the primary sports to supply |
Save
Question 7 (4 points)
When building websites, most languages will appear the same within website templates
Question 7 options:
True | |
False |
Question 8 (4 points)
A common challenge to rural market development, particularly in developing countries, is
Question 8 options:
Lack of data for market research |
|
Distribution difficulties due to infrastructure |
|
Marketing challenges for educating customers |
|
All the above |
Question 9 (4 points)
Arcelik held a significant amount of market share domestically in Turkey. As a result, this brand recognition was a strength when they entered other markets, as they were well known globally.
Question 9 options:
True | |
False |
Question 10 (4 points)
A primary method company use to market their products abroad, build relationships and meet potential new business partners is:
Question 10 options:
Industry Trade Shows |
|
Social Media Connections |
|
Cold Call via Telephone |
|
Direct Email Newsletter Marketing |
In: Operations Management
Think of all the examples of
forecasting experience on a regular basis; such as the weatherman
on TV each night.
Now, considering the technology we have at our disposal today, why
can't we get a "Perfect" forecast?
Response to this question must be 350-500 words.
In: Operations Management
9. | At the end of a job interview, you may be invited
to ask questions. What should you ask about?
(10%) |
||
A. | The exact salary for the post | ||
B. | When you can expect to hear from them | ||
C. | Whether overtime work is required for the post | ||
D. | The work style of your prospective superior |
10. | During the interview, which of the following should
be avoided?
(10%) |
||
A. | Having a direct eye contact with the interviewer(s) | ||
B. | Saying ‘please’ and ‘thank you’ | ||
C. | Using ‘yes’ or ‘no’ when answering questions | ||
D. | Thanking them for their time |
In: Operations Management
Zeus Computer Chips, Inc., used to have major contracts to produce the Centrino-type chips. The market has been declining during the past three years because of the dual-core chips, which it cannot produce, so Zeus has the unpleasant task of forecasting next year. The task is unpleasant because the firm has not been able to find replacement chips for its product lines. Here is demand over the past 12 quarters: |
TWO YEARS AGO | UNITS | LAST YEAR | UNITS | THIS YEAR | UNITS |
I | 4,793 | I | 3,493 | I | 3,196 |
II | 3,493 | II | 2,693 | II | 2,097 |
III | 4,293 | III | 3,493 | III | 2,693 |
IV | 2,993 | IV | 2,393 | IV | 1,693 |
Use the decomposition technique to forecast demand for the next four quarters. (Do not round intermediate calculations. Round your answers to 2 decimal places.) |
Period |
Forecast (Units) |
I | |
II | |
III | |
IV | |
In: Operations Management
In: Operations Management
5. | Which of the following is a work attitude?
(10%) |
||
A. | Honesty | ||
B. | Assertiveness | ||
C. | Creativity | ||
D. | Team work |
6. | Before a job interview, you should collect
information about the prospective company from the internet. What
kind of information should be obtained?
(10%) |
||
A. | Its sales revenues | ||
B. | The name of the person in charge of the department you may work for | ||
C. | The name of the CEO with the company | ||
D. | Its mission statement and business nature |
In: Operations Management
What are the major phases in the process improvement methodology?
In: Operations Management
Advertising & the First Amendment
The question is often asked: Does the First Amendment protect advertisements? Advertising is indeed protected by the First Amendment of the U.S. Constitution. However, advertising or "commercial speech" enjoys somewhat less First Amendment protection from governmental infringement than other types of speech. Should this be the case? How should advertising be regulated? By who? Why? "Your posting should contain at least 200 words of quality discussion."
In: Operations Management
SY Manufacturers (SYM) is producing T-shirts in three colors: red, blue, and white. The monthly demand for each color is 4,400 units. Each shirt requires 0.80 pound of raw cotton that is imported from the Luft-Geshfet-Textile (LGT) Company in Brazil. The purchasing price per pound is $2.00 (paid only when the cotton arrives at SYM's facilities) and transportation cost by sea is $0.40 per pound. The traveling time from LGT’s facility in Brazil to the SYM facility in the United States is two weeks. The cost of placing a cotton order, by SYM, is $110 and the annual interest rate that SYM is facing is 15 percent of total cost per pound.
a. What is the optimal order quantity of cotton? (Round your answer to the nearest whole number.)
|
b. How frequently should the company order cotton? (Round your answer to 2 decimal places.)
|
c. Assuming that the first order is needed on 3-Jun, when should SYM place the order?
20-May
3-Jun
17-Jun
d. How many orders will SYM place during the next year? (Round your answer to 2 decimal places.)
|
e. What is the resulting annual holding cost? (Round your answer to the nearest whole number.)
|
f. What is the resulting annual ordering cost?
|
g. If the annual interest cost is only 5 percent, how will it affect the annual number of orders, the optimal batch size, and the average inventory?
|
In: Operations Management
Job analysis involves compiling a detailed description of tasks, determining the relationship of the job to technology and to other jobs and examining the knowledge, qualification or employment standards, accountabilities and other incumbent requirement.
a) Using an example of your develop and explain a job analysis
In: Operations Management
If some shareholders complained that you and your co-managers have not been spending enough money on social responsibility and corporate citizenship, what would you tell them? Respond in 150 words.
In: Operations Management
The coronavirus is hitting businesses and their employees. Some businesses are still open and millions of employees are working to serve customers. Some of the employees work in their workplaces while some others work from home. Almost all employees worry whether they will lose their jobs or if they will have a pay cut. It is obvious that unemployment will rise because millions of employees will lose their jobs and the remaining employees may have a pay cut (10, 20, 30, 50%) depending on the position in his/her workplace.
Because of the coronavirus, the business environment has started to change. It is becoming a challenging fast-changing environment. Currently, many managers are faced with difficulties. In the near future and in the long run, they will need to deal with important issues.
Lastly, you have to remember that one can easily manage firms during prosperous times but effective managers flourish during difficult times.
Below is a sample list of terms that you can use when answering the questions.
Job security and protection; Employee morale; Employee stress; Anxiety; Employee wellness; Effective decision making; Work performance; Key competencies; Productive employees; Quality of work produced; Work-life balance; Mental health; Employees in a high-risk health category; Illness; Government sector; Health sector; Security forces.
What would be the possible changes and developments in the workforce and workplace diversity in the near future and in the long run? Discuss.
In: Operations Management
Roche Brothers is considering a capacity expansion of its supermarket. The landowner will build the addition to suit in return for $200 comma 000 upon completion and a five-year lease. The increase in rent for the addition is $11 comma 000 per month. The annual sales projected through year 5 follow. The current effective capacity is equivalent to 500,000 customers per year. Assume a 3 percent pretax profit on sales. LOADING... Click the icon to view the annual sales projections. a. If Roche expands its capacity to serve 700,000 customers per year now (end of year 0), what are the projected annual incremental pretax cash flows attributable to this expansion? The projected annual incremental pretax cash flows attributable to this expansion in year 0 are $ nothing. (Enter your response as an integer.) AND FOR YEARS 1-5
In: Operations Management
Organizations engage in mergers with and acquisitions of foreign companies in order to obtain a global presence. The primary motive for this action is financial. When organizations fail to consider the HR implications, the M&A can fail. As the IHRM professional, what recommendations would you make to executive leadership to increase the likelihood of a successful M&A as it pertains to managing human resources? Provide specific examples to support your answer.
In: Operations Management