Questions
Post your article here and include the following information in your post: 1. What is the...

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...

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...

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...

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...

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

C & S Department Store is the second largest clothing and retail store chain in Jamaica....

C & S Department Store is the second largest clothing and retail store chain in Jamaica. At present, they have 5 clothing and retail stores in all 14 parishes and are planning to expand to 7 stores per parish in the next 3 years. C & S Department Store has a centralized Human Resource Department located at its main office in Kingston. Unfortunately, although the HR processes are managed centrally, there are many HR tasks, policies and procedures that are controlled by the clothing and retail store managers or by the lead parish manger in each parish. Currently, the HR management processes are using Excel spreadsheet to compile reports from various parish Headquarters and stores. This task is being performed by a team of HR executives at its main office in Kingston.
Simone Coram is the Senior HR Manager of C & S Department Store and has discovered various administrative and HR issues with the clothing and retail store sites. Due to high focus on sales revenue and stores profitability, Retail Store Managers have difficulties in managing the stores in the areas of staff attendance, discipline and critical HR practices.
The fundamental emphasis and foundation of C & S Department Store has been centered on always maintaining the highest standards of customer service and for that reason they are in direct contact with customers at each and every Department Store. What sets C & S Department apart is a commitment to exceeding expectations making it one of their unique selling points. Giving excellent customer service is one of the main reasons why their customers choose C & S Department Store and why they keep coming back.
Imperatively, the entity’s strategy is purposed towards employing the ideal candidate for both their part-time and full-time sales associates with the capacity and proficiency to grow and hone their skills for prospective advanced position within the organization. Presently, the store managers for three (3) of C&S Department Store have made the announcement that they plan to retire within the next 18 to 24 month. These three managers have insisted that they will not remain in their position beyond this particular point.
A team of HR internal auditors has conducted a study and identified that there are irregularities in the staff attendance data both at the retail stores and regional offices. Sometimes many of the staff did not sign the attendance register or signed intermittently. During the HR audit, it was discovered that some staff signed the attendance register only at the end of the day. Further, sometimes staff signed the register and then left their post. There was also no mechanism to track the leave data of employees. Employees did not know their exact leave data. At the end of the year it was revealed that some employees have taken excess leave while some employees worked incessantly, creating frustration among staff.
There was also no standardization in the reports between head office, regional offices and the retail stores and this created discrepancies. HR provided a set of excel sheets and paper-based forms to help store managers maintain data. However, many store managers used and made unique formats of reports making it difficult to collate the reports. The data thus collated had to be verified over again and again, as there was a tendency for errors to emerge.
This discrepancy has caused a significant issue in salary. HR and attendance data were used to generate data for payroll. As there were many discrepancies in HR data and reports, this created several salary discrepancies and caused numerous issues among the employees, thus lowering employee satisfaction rate and affecting the employee morale.
Training and communication have become a major issue at C & S Department Store. As the company was growing at a fast pace, training employees on various HR procedures and policies was becoming increasingly difficult. Thus line managers took decisions based on their previous experience or personal insights and created unnecessary hassles that required HR intervention.
The staff turnover in two (2) key departments of Marketing and Accounts was running at 90%. Estimated cost of staff turnover - including overtime, loss of revenue, loss of skills, training time and management time to replace a staff member – is equivalent to approximately $3,000 per position thus costing the business around $500,000 per year.
Human Resource Management focuses on matching the needs of the business with the needs and development of employees and as such you are required to answer the following questions based on the scenario represented above.

Question
Evidently, the staff at C&S Department Stores is disgruntled. Differentiate between disciplinary and grievance procedures. Using the appropriate legislation, indicate the institutions involved and methods available to employees to have their grievances addressed in Jamaica. As Miss Simone Coram, make recommendations to the management team to minimize the incidents of grievance at C&S Department Store

In: Operations Management

5. Which of the following is a work attitude? (10%) A. Honesty B. Assertiveness C. Creativity...

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?

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 & 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...

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.)

Optimal order quantity pounds

b. How frequently should the company order cotton? (Round your answer to 2 decimal places.)

Company orders once every months.

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.)

Number of orders times

e. What is the resulting annual holding cost? (Round your answer to the nearest whole number.)

Annual holding cost per year

f. What is the resulting annual ordering cost?

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?

If the holding cost is lower the batch size is thus, the average inventory is
The number of orders would be

In: Operations Management

Job analysis involves compiling a detailed description of tasks, determining the relationship of the job to...

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...

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...

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...

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...

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