Questions
What are some reasons that business outputs vary? For example, why does production output vary? Explain...

What are some reasons that business outputs vary? For example, why does production output vary? Explain the difference between common causes of variation and special causes of variation.

In: Operations Management

What are some reasons that business outputs vary? For example, why does production output vary? Explain...

What are some reasons that business outputs vary? For example, why does production output vary? Explain the difference between common causes of variation and special causes of variation.

In: Operations Management

QUESTION ON OFFER & ACCEPTANCE Linda has decided to sell her car and parks it outside...

QUESTION ON OFFER & ACCEPTANCE

Linda has decided to sell her car and parks it outside her house with a notice on the front windscreen stating: “For sale; pristine condition; one owner; £4,750 or near offer. Please call at 1 Farmers Road or Telephone 0201-123456. First person to agree on a price will get the car”.

On Monday at 9.00am, Eunice sees the car, but as she was running late for a dental appointment, she telephones Princess from work at 10.00am, and makes an offer of £4,500, which Linda says she would like to consider.

Eunice says that she will assume Linda has accepted her offer unless she hears from her by 9.00pm that evening, a proposal to which Linda agrees.

At 11.00am on Monday, Daniel calls at Linda’s house, but Esther, Linda’s daughter, was the only person at home. He therefore leaves a note reading; “Monday 11.00am. Please keep the car for me. Here is a cheque for £4,750, Daniel”. Maxwell leaves the cheque together with the note on a desk in Linda’s study.

At 12.15pm on that same Monday, Mark passes by the car and sees the notice, and within a few minutes, posts a first class letter of acceptance together with a cheque for £4,750, using the post box at the end of the street. Unfortunately, Mark misaddresses his letter, so it arrives on Friday.

At 3.00pm on Monday, Linda decides to accept Eunice’s offer and posts a letter of acceptance to Eunice’s business address, saying: “I agree to sell on your terms. Because of the lower price, can you pay in cash”?

At 9.30pm on Monday, Linda reads Daniel’ acceptance and immediately telephones Eunice’s business address, leaving a message on the telephone service answering machine: “Ignore the letter you will receive, deal off, Linda”. Eunice is away on business and only listens to the tape on Wednesday evening.

Please help me answer this question.   

CITING APPROPRIATE CASES & ESTABLISHED LEGAL PRINCIPLES, ADVISE THE PARTIES ON THEIR LEGAL POSITION. HAS A CONTRACT COME INTO BEING? IF YES, WITH WHO? IF NO, WHY IS THERE NO CONTRACT?

Word Limit: 2,500

In: Operations Management

Explain the unique Organizational Culture of Zappos. How does it impact their success? How does it...

Explain the unique Organizational Culture of Zappos. How does it impact their success? How does it differ from the culture at Healthsouth?

In: Operations Management

Why is it important for a company to become ISO certified? Briefly describe your understanding of...

Why is it important for a company to become ISO certified? Briefly describe your understanding of ISO (do not copy/paste a Google answer – use your own words!). What does ISO certification entail? What does it do for the company? What does it do for companies doing business with an ISO certified organization? If you decide to start your own business, would you strive for ISO certification or something else? Be specific!

In: Operations Management

Compose a literature review surrounding the debates on the impact of a good marketing strategy on...

Compose a literature review surrounding the debates on the impact of a good marketing strategy on an Organisation's performance.

In: Operations Management

Listed below you will see the concept of a “business situation”. You may define/discuss “business situation”...

  1. Listed below you will see the concept of a “business situation”. You may define/discuss “business situation” as you wish. The possibilities are endless – just be clear in your discussion. For example, it can be in your everyday management of a business or specifically related to a strategic action like an acquisition. This question has three major parts. Please answer ALL parts of the question. If you wish to tailor any or all of your response to a specific company or industry, please feel free to do so. You may certainly incorporate material from all your MBA classes to answer this question.
  1. In your opinion, (1) what are the most important accounting and finance concepts/issues/measures (you can be both specific and/or broad) relevant for addressing and understanding a business situation – offer 3, and (2) how are these concepts/issues/measures used to address and understand a business situation?
  1. In your opinion, (1) what are the most important management concepts/issues/measures (you can be both specific and/or broad) relevant for addressing and understanding a business situation – offer 3, and (2) how are these concepts/issues/measures used to address and understand a business situation?
  1. In your opinion, (1) what are the most important marketing concepts/issues/measures (you can be both specific and/or broad) relevant for addressing and understanding a business situation – offer 3, and (2) how are these concepts/issues/measures used to address and understand a business situation?  

In: Operations Management

Demand for oil changes at​ Garcia's Garage has been as​ follows:                                                                  Month Number of Oil...

Demand for oil changes at​ Garcia's Garage has been as​ follows:                                                                 

Month

Number of Oil Changes

January

33

February

53

March

56

April

58

May

69

June

46

July

62

August

69

a. Use simple linear regression analysis to develop a forecasting model for monthly demand. In this​ application, the dependent​ variable, Y, is monthly demand and the independent​ variable, X, is the month. For​ January, let X=​1; for​ February, let X=​2; and so on.

The forecasting model is given by the equation

Y= ___ + ____X.

​(Enter your responses rounded to two decimal​ places.)

In: Operations Management

Backstory: General Electric Co. decided sustainability was a business opportunity rather than a cost and pushed...

Backstory: General Electric Co. decided sustainability was a business opportunity rather than a cost and pushed into the field in 2005 with its new initiative. But the products and services weren’t only for its customers they first transformed GE.

Key moves: GE began looking at sustainability as part of a demographic trend, realizing that scarcity would increase with population growth. Energy and water use, waste, carbon emissions all would decline among the most efficient and sustainable companies. GE saw a profitable business opportunity in helping companies along this sustainable path to offer environmental solutions.GE also gambled that carbon would eventually be a cost, following the implementation of previous regulatory regimes such as limiting acid rain. Although the precise way carbon would be regulated was unknown, as it still is, the company had little doubt that regulation would happen rather than wait, GE joined a climate coalition with nongovernmental organizations to press for a cap and trade system to build certainty into the future.

Within the company, GE began engaging employees to see where energy savings could be found. That might include turning off the lights when a factory was idle or even installing a switch so that lights could be turned off. Ecomagination sold solutions within GE, whether the project involved installing LED lights on a factory floor, recycling water at a nuclear facility or offering combined heat and power generation units at a plant in Australia. Within GE, managers began to be measured on how much energy savings they had achieved.

Impact: The company so far has saved $100 million from these measures and cut its greenhouse gas intensity — a measure of emissions against output — by 41%, according to the company’s sustainability report. The work inside GE became a proof of concept to external customers grappling with similar issues. Ecomagination targeted C-level executives to build this business since most problems cut across divisions (improving energy efficiency, for example). So far GE has invested $4 billion in this effort, much of it in research and development. But it reaped sales of $17 billion in 2008, up 21% from a year earlier, and is striving for $25 billion in sales in 2010.

1. Describe the 3 Strategic Management Process GE used.

2. Explain the need for integrating and the use of strategic management for GE (Give 3 examples).

3. Please list 5 examples of strategic management that GE either can use or already is using.

4. What are the strategy formulation, implementation, and evaluation activities that GE can potentially use to make its innovation better than what it is now (Give 3 recommendations)

5. If you were brought in as a consultant, what is the 1 recommendation you would make that would set GE apart from all its competition?

In: Operations Management

Explain how/why successful differentiation must take into account the four areas listed below. Discuss these SEPARATELY...

  1. Explain how/why successful differentiation must take into account the four areas listed below. Discuss these SEPARATELY for each of the four items. Let me rephrase the question (I will use the first bullet – competition): Fully discuss all the issues that relate to competition that might negatively impact your differentiation success. In other words, what can competition do to make your differentiation strategy not be successful?    
  1. Competition
  2. Consumers
  3. Suppliers
  4. An internal organizational issue (i.e., an organizational resource/capability argument)

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 kind of expertise, knowledge, skills and abilities will be needed from employees in the near future and in the long run? Discuss (2-3 page)

In: Operations Management

1) What is a survey? What purpose does it serve in terms of compensation? 2) Who...

1) What is a survey? What purpose does it serve in terms of compensation?

2) Who should be involved in designing a compensation survey?

3) Explain the low-high approach in selecting jobs for inclusion in a compensation survey.

4) Explain the difference between standard deviation and quartiles and percentiles.

5) What is a market line?

In: Operations Management

1) Explain external competitiveness. 2) What are the factors that influence decisions on pay level and...

1) Explain external competitiveness.

2) What are the factors that influence decisions on pay level and pay mix?

3) What are the basic assumptions of labor market theories?

4) What is the significance of marginal revenue?

5) According to efficiency-wage theory, how do increased wages increase efficiency and lower labor costs?

In: Operations Management

Brazil is a very large emerging market that is becoming increasingly important in many MNEs’ global...

Brazil is a very large emerging market that is becoming increasingly important in many MNEs’ global supply chains. After watching the video about Brazil's fashion industry in Week-by-Week, Week 12, discuss what criteria should the companies use to make a decision on where to manufacture the good and whether to outsource the manufacturing or control it internally? What are the advantages and disadvantages of sourcing from Brazil as opposed to other countries? Why? Please make it 10 sentences long.

In: Operations Management

1) How do modern organizations analyze work processes? 2) What is the relevance of certification in...

1) How do modern organizations analyze work processes?

2) What is the relevance of certification in a multi skill system?

3) How do skill-based plans motivate employees?

4) What is the relevance of flexibility in skill-based plans?

5) How are organizations redefining the original definition of competencies?

In: Operations Management