Common objectives to go global include all of the following except
Group of answer choices
Increasing revenue through access to new markets
Increasing production capacity
Reducing direct cost using cheaper resources and labor
Desire to limit product variations
In: Operations Management
Ahmed was waiting outside the cabin of his National Sales
Manager, Ishfaq, for a meeting.
Ahmed has been with cutting edge, a large company in office
automation products. About a year
back the company had launched high technology multipurpose products
for the top end of the
market and advertised for experienced sales executives in a leading
newspaper. Ahmed, at that
time was with a finance company and a star performer there. Due to
economic crises and scams,
the entire finance sector went in recession and he at the point was
looking for a change. It was
Ishfaq, who recommended Ahmed at all stages of the selection, he
soon joined cutting Edge.
Ahmed liked the challenge of the new job, the environment and
thought that he had made a right
and a good decision. Three months later, he had been called by
Areej, his boss, the head of sales
for the north region. He was told in the meeting that for the last
3 months Ahmed has not picked
up any sales for the company. Areej briefed him about his targets
and asked Ahmed to meet him
next week with his projections. In the next meeting, Areej did not
look at Ahmed’s report instead
asked him to concentrate on his calls and work. Although 5 months
have passed, Ahmed could
not get any big order but yes managed to pick up small products and
contributed good amount.
Areej was not happy with these orders. He wanted Ahmed to sell
new products. He wondered
why Ahmed is selling old products in the market. Ahmed got
disheartened and thought himself
as a loser because everyone else in the office was making sales. He
did not know what to do.
“Saudi Television company is asking for a scanner free with 3
machines”, Ahmed shared with
Areej.
Areej, “ How can you allow customers to dictate terms to you
like this Mr. Ahmed”?
Areej was making appraisals at that time and was not happy with the
performance of Ahmed and
put his comments as” Not aggressive and shows no vision, he is slow
and has not achieved his
targets so far”.
When Ishfaq read these comments, he asked Areej to give him some
time. He said, “Ahmed has
a good record and has picked up business. May be he need little
training on negotiations. You
must train him” Areej wondered how he can teach someone skills
but decided to accompany him
to certain calls and try to improve the situation.
Next week, Areej accompanied Ahmed to a MNC and returned back
office with an order of 13
big scanners and 5 printers. While driving back, Areej in an upbeat
mood said, “Ahmed, what
you have to do is to convince the customer that they have a need
and do not be so rigid in
negotiations, make ample leenway. Quote higher and come down slowly
through the deal”.
Next day Ahmed was been asked to visit an existing customer,
Ultra Channels and had a need of
12 scanners and 7 fax machines. Ahmed went to the office and
discussed at length about their
requirements. He found that since it is a liaison office and also
the work force is just 20, so
instead of 12 scanners and 7 fax machines, 8 scanners and 4 fax
machines will serve the purpose.
The Branch Manager was impressed and appreciated Ahmed a lot
over the phone to Mr Ishfaq.
Listening to the whole story, Areej got angry, called Ahmed, “Look,
I have targets for my region
and I have to achieve them. How can I do with people like you who
go to the client and
recommend them to buy less products. I do not understand how can
you be so stupid”. This was
on for 20 minutes and finally Ahmed said, “This is our duty to
build an honest rapport with the
client and also suggest them the best so that we can look forward
for a long term relationship. I
think this is the right way”.
Areej was upset and next week called Ahmed and a list of fixed
clients. Areej said,” these clients
were profitable at one point of time but because of competition
have shifted. If will get extra
incentive on bringing any order form these clients”. Areej was
relieved on this shift as he was not
keen to have Ahmed with him.
Hearing this, Ishfaq called Ahmed in his cabin and asked him, “Are
you not happy with your
work?”
Questions:
1 What is the major issue in this case?
2 Analyze the approach of Areej and Ahmed, which one is
correct?
3 If you were Ishfaq, how you will improve the
situation?
In: Operations Management
In: Operations Management
Pick any three modes of transportation. [Pick 3 from these Airfreight, Motor Carriers, Pipelines,Railroads, and Water]
Then, identify the federal agency responsible for safety regulation for each of the modes.
What is the safety-related role/responsibility for each of the modes?
Please be as detailed as you can
I do rate!
In: Operations Management
Find the CPI (corruption perception index) for 2 countries where the Apple company does business, one with a relatively high score, another with a relatively low score. Search for corruption scandals/corporate financial scandals in these two countries and summarize them. Briefly describe what you think are the risks of corruption, such as paying bribes, that Apple company might face in these countries!
In: Operations Management
Descriptive Research is undertaken to describe answers to the questions: 1. Who? 2. What? 3. When? 4. Where? and 5. Why? When we wish to know who our customers are, what brands they buy and in what quantities, where they buy the brands, when they shop, and how they found out about our products, we turn to descriptive research.
In: Operations Management
Explain how the adoption of the cloud may be a model for future outsourcing of applications and jobs. List some changes and developments that will have an effect on an organization’s management of IS and IT. How might the gig economy affect organizational effectiveness? Explain how robotics and automation will affect the workplace. Describe how virtual workers and “connected” digital devices may actually make an organization less cohesive. Explain the organizational cultural change that will affect the IS department.
In: Operations Management
From the real international market, select a company of your choice wishing to start its activities in Saudi Arabia. The Company hired you as Marketing Manager of Saudi Arabian Region.
You have to establish a marketing department starting from the Analysis of the market, formulate overall marketing goals, objectives, strategies, and tactics within the context of an organization's business, mission, and goals designing and planning the entire function.
Write a Marketing Plan considering the following points (2x5=10 Marks)
To introduce this section you should include the "mission statement" of the business; an idea of what its goals are for customers, clients, employees and the consumer.
Conduct an environmental analysis that looks at and comments on your local area and your network of business contacts, competitors and customers.
Identify the target market, describing how the company will meet the needs of the consumer better than the competition does.
Conduct a SWOT analysis for your chosen company based on your research.
Strengths: List the strengths of the business approach;
Weaknesses: Describe the areas of weakness in the company's operations;
Opportunities: Examine factors that may improve the business's chances of success;
Threats: List the external threats to the business' success.
Describe each of the 4Ps of your chosen company.
Product or Service
Identify the product or service by what it is, who will buy it, how much they will pay for it and how much it will cost for the company to produce it, why a consumer demand exists for your product, and where the product sits in comparison to similar products/services now available.
Place
Identify the location of the business, why it is located there (strategic, competitive, economic objectives), the expected methods of distribution, and timing objectives.
Promotion
Describe the type of promotional methods that will be used. Identify techniques such as word of mouth, personal selling, direct marketing, sales promotion etc. television, radio, social media and newspaper ads.
Price
The prices of the products or services that reflects the overall company strategy. Should be competitive as well as a reflection of the quality, costs and profit margin.
In: Operations Management
Compare respondeat superior and corporate liability and describe
2 thought provoking questions on this subject
In: Operations Management
A small firm makes three products, which all follow the same three-step process consisting of milling, inspection, and drilling.
Product A requires 5 minutes of milling, 5 minutes of inspection, and 4 minutes of drilling; Product B requires 3 minutes of milling, 4 minutes of inspection, and 5 minutes of drilling; and Product C requires 5 minutes of milling, 4 minutes of inspection, and 8 minutes of drilling.
The department has 200 hours available during the next period for milling, 150 hours for inspection, and 240 hours for drilling. The milling process costs $60 per hour, the inspection costs $30 per hour and finally drilling costs $90 per hour. The costs are the same for all product types. Product A is sold for $32.00 per unit, product B is sold for $25.00 per unit, and product C is sold for $32.00 per unit. There is an outstanding order of 800 Product A that the company has to satisfy. You are trying to determine the best production mix that maximizes your profit.
a) Formulate the problem as a linear programming model and solve it in Excel. Briefly describe your solution.
b) Is it feasible to produce 1200 units of Product A, 500 units of Product B, and 600 units of Product C? Create a sensitivity report and answer the following questions based on the sensitivity report.
c) What would happen to the optimal values of A, B, and C if the profit per unit of Product A is decreased by $5.00?
d) If the available amount of inspection hours is decreased by 1500 minutes, what would happen to the optimal value of the objective function?
In: Operations Management
Discuss the future challenges and opportunities in logistics management.
I want a discuss long and professional answer
In: Operations Management
Since its opening in 1977, Ocean Park was the only theme park in Hong Kong. The park, owned by the Hong Kong government, is a nonprofit organization that aims to provide visitors a unique experience in entertainment, education, and conservation. In the absence of competition, Ocean Park had existed without direction and focus. When Hong Kong officials signed an agreement to bring Disneyland to Hong Kong in 1999, it seemed as if it would be the end of Ocean Park. In this unequal competition, Ocean Park emerged the surprise winner. Quickly sprucing up its act, it has managed to outperform Disneyland and has emerged as the number one amusement park in Hong Kong .
How was Ocean Park able to turn a threat into an opportunity?
Ocean park made the decision not to compete head to head with Disneyland. Will this strategy always work when local companies face multinational giants? Explain.
How can Ocean Park further capitalize on Disneyland’s presence? (hint: check out how other parks surrounding Disney, such as Sea World and Universal Studios, survive and thrive in
Anaheim, California, and Orlando, Florida.)
How can Hong Kong Disneyland turn around its lackluster performance?
In: Operations Management
Elaborate on the applicability of both dual pricing strategy and global pricing strategy for the various market. Also, explain the advantage and disadvantages of using each strategy.
In: Operations Management
What are the TWO primary techniques/philosophies of continuous improvement that are used to manage processes in the supply chain such that they will meet the needs of customers today. Provide the prime objectives for each of the two techniques/philosophies. Also, for each technique, provide three elements used to achieve the prime objectives.
In: Operations Management
*Problem 1
The BackPack Company produces a line of backpacks. The manager, Jill Nicholas, is interested in using a level aggregate plan. Inventories and back orders will be used to handle demand fluctuations. She has asked you to develop such a plan. Use the following data to solve the problem:
|
Calculate the aggregate production rate: 5806 units(Round your answer to 0 decimal places, the tolerance is +/-1.) |
Calculate the appropriate workforce given the aggregate production rate: 436 employees(Round your answer to the nearest whole number, the tolerance is +/-1.) |
Show what would happen if this plan were implemented. (If the answer is void please enter 0, do not leave any fields blank.)
|
Calculate the costs of this plan. (Round your answers to 0 decimal places. Do not round your intermediate computations to calculate regular-time labor cost.)
|
Evaluate the plan in terms of cost, customer service, operations, and human resources. |
In: Operations Management