Questions
Please give an example of a sunk cost fallacy, either one that you have experienced in...

Please give an example of a sunk cost fallacy, either one that you have experienced in your professional life or that of a business company. Describe the case. Were there other hidden decision-making traps involved? Did groupthink play a role? Which measures could have been taken in order to avoid the trap(s)?

In: Operations Management

Please articulate a plan for implementing transformational leadership practices in your current context of ministry/work.

Please articulate a plan for implementing transformational leadership practices in your current context of ministry/work.

In: Operations Management

Message Strategies: Responding to Rumors and Public Criticism Spreading FUD—fear, uncertainty, and doubt—about other companies is...

Message Strategies: Responding to Rumors and Public Criticism

Spreading FUD—fear, uncertainty, and doubt—about other companies is one of the less-honorable ways of dealing with competition in the business world. For example, someone can start a “whisper campaign” in the marketplace, raising fears that a particular company is struggling financially. Customers who don’t want to risk future instability in their supply chains might then shift their purchasing away from the company, based on nothing more than the false rumor.

Your task: Find the website of any company that seems interesting. Imagine you are the CEO and the company is the subject of an online rumor about impending bankruptcy. Explore the website to get a basic feel for what the company does. Making up any information you need, write a post for the company’s blog, explaining that the bankruptcy rumors are false and that the company is on solid financial ground and plans to keep serving the industry for many years to come. PLEASE! Do not copy and paste the other answer to this question! It doesn't make much sense and isn't a great answer.

Thank you in advance!

In: Operations Management

1. Unit 9 dealt with Leadership and described many theories in that field. Reflect on your...

1. Unit 9 dealt with Leadership and described many theories in that field. Reflect on your own experience and describe two leaders you encountered, one you admired and found easy to follow, and the other one who you found ineffective. Describe the behaviors of each that underlie your opinion of them. What lessons did you learn from them you could apply to your own managerial style?

2. Unit 4 looked at decision making, and discussed the situational aspect. Please describe two situations; the first, a situation where you believe a very directive style would be appropriate and the second, one where you think a very collaborative style would better serve the situation. In both instances, describe the situation and your reasoning.

3. In Unit 14, we looked at small business. Would you prefer managing in a huge enterprise or a small one? What factors entered into your decision?

4. Review 8.1 in Unit 8. Do you think the “$2,000.00 to quit” offer is a sound business practice? Why or why not?

5. By this point, you hopefully have a fairly full understanding of what a manager does. If you were offered a managerial position (or if you currently hold one), what aspect of being a manager is a natural fit with your skills and personality? Conversely, which aspect do you feel would require more conscious effort on your part? Management is definitely NOT for everyone… do you think it is a career path you would enjoy?

In: Operations Management

What you had most hoped to learn about marketing when you had registered Two of the...

  • What you had most hoped to learn about marketing when you had registered
  • Two of the most important marketing strategies that you learned this term, and why
  • Examples from commerce (not from the textbook) that illustrate these two important topics (you can include screen shots to help explain these concepts if you would like).
  • Thoughts on the term project
  • What one topic introduced to you in this course that you wish you could have spent more time on, and why

For each of the above, you should give specific evidence/examples. Don’t make general and vague statements for which you offer no support.

Your MAX word count = 1,200. (Be concise: I will stop reading at the 1,200 marks).

In: Operations Management

Discuss why you think police officers and/or their supervisors may be skeptical of researchers asking questions...

Discuss why you think police officers and/or their supervisors may be skeptical of researchers asking questions in and around their department. Why would officers be inclined to cooperate or not cooperate? If you were the police chief how would handle this situation?

In: Operations Management

Decision Making Tree Scenarios For the past several years, you’ve been purchasing a product from a...

Decision Making Tree Scenarios

  • For the past several years, you’ve been purchasing a product from a supplier at a high-volume cost and reselling the product at a lower price than your customers could buy it.
  • You’d like to improve the product, but the manufacturer isn’t interested in doing this
  • Would it make sense (cents) to buy the equipment and make it yourself with better quality?

Create decision trees using the following Scenario Information. There are 2 Scenarios;

Scenario A

  • Expected Money Value (EVM) or Expected Value
  • Equipment = $500,000 + 100,000 for training
  • Chances of a good market next year are 60% so chances of a poor market are 40%
  • A good market will yield $1,000,000 in gross revenue; a poor market will yield $200,00 in gross revenue
  • If you continue selling the product as you currently do, a good market will generate $300,000 in gross revenue and a poor market $50,000 in gross revenue. Estimated costs for working with your supplier are $30,000/yr.

Scenario B

  • What if with a higher quality product, the probability for good market increases to 80% and the probability of a good/poor market for purchasing remain the same

In: Operations Management

Some companies are trying to ensure leaders stay healthy by telling them to take time for...

Some companies are trying to ensure leaders stay healthy by telling them to take time for themselves and get enough sleep to help bolster their immune systems. Why is “self care” such a challenge for some leaders, especially leader during a crisis?

In: Operations Management

What is social business? Discuss its advantages using relevant examples.

What is social business? Discuss its advantages using relevant examples.

In: Operations Management

The Corona Virus pandemic has shown that businesses providing foods, cleaning and sanitizing products, computer electronics...

  1. The Corona Virus pandemic has shown that businesses providing foods, cleaning and sanitizing products, computer electronics and entertainment, medicines, hospital services, health and wellness and funeral are the most essential for now and thus move them to the seller side marketplace of e-commerce. For those non-essential business on this current global scenario like airlines, how can they conduct business as sellers in a buyer side marketplace.

In: Operations Management

(Subject is HR Management MGT-211) Please answer using keyboard and sure I will like your answer....

(Subject is HR Management MGT-211) Please answer using keyboard and sure I will like your answer.

Question 1:

Define stress. List and explain the common Causes of Stress

(Your answer needs to be in paragraphs and from 6-10 lines)

In: Operations Management

CONTINUOUS CASE CHAPTER FOUR How does culture affect companies? When German automakers began their expansion into...

CONTINUOUS CASE

CHAPTER FOUR

How does culture affect companies? When German automakers began their expansion into the

U.S. market, cup holders were not a feature of their products. In contrast, because many

Americans spent significant time in their cars, ate in their cars, and so on, advertisements for

American cars often boasted of the number of cup holders that were part of their design. The

German companies had to shift their thinking from strictly performance-based cars, to ones that

better fit the needs of Americans. Today, many automakers have shifted their focus to the

emerging markets, and how they can best serve the customers in those markets.

How could different cultural dimensions be reflected in the design of automobiles?

In: Operations Management

what four historical factors affect the administrative systems effectiveness in developing countries? explain each.

  1. what four historical factors affect the administrative systems effectiveness in developing countries? explain each.

In: Operations Management

Human Resource Management The Fourth Practical Assignment Learning Needs Analysis • Job Title: General Clinic Physician...

Human Resource Management The Fourth Practical Assignment Learning Needs Analysis

• Job Title: General Clinic Physician In Primary Health Care

• Learning Needs Assessment:( What are the development and training needs required for a position (General Clinic Physician In Primary Health Care), at the individual level, job level, and organization level? )

In: Operations Management

Joe​ Henry's machine shop uses 2450 brackets during the course of a year. These brackets are...

Joe​ Henry's machine shop uses 2450 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The following information is known about the​ brackets:

Annual demand 2,450

Holding cost per bracket per year $ 1.25

Order cost per order $ 18.25

Lead time 2 days

Working days per year 250

a.) Given the above information, what would be the economic order quantity (EOQ)?

b.) Given the EOQ, what would be the average inventory? What would be the annual inventory holding cost?

c.) Given the EOQ, how many orders would be made each year? What would be the annual order cost?

d.) Given the EOQ, what is the total annual cost of managing the inventory?

e.) What is the time between orders?

f.) What is the reorder point (ROP)

In: Operations Management