3. Anastasia Basilova is the Marketing Director of Nike in Vancouver. She is worried of the deep dive in sales of Nike products as a consequence of temporarily closing of all Nike stores in Vancouver due to COVID 19. She is making a marketing strategy to keep sales running. What do you think would be her E-commerce marketing strategies? Likewise, which of the 7 Cs framework does she needs to put more emphasis to connect to Nike’s prospective and current customers.
In: Operations Management
Hello! Could anyone show me how to solve these questions in
excel using the "solver" tool?
CarPro is an automobile dealer selling only new cars. CarPro sells three types of vehicles: sedans, SUVs and trucks. CarPro places orders to the car manufacturers only when customers have decided to purchase. The ordering cost (per unit) of sedan, SUV and truck are $18,000, $20,500 and $19,000, respectively. The sales price (per unit) of sedan, SUV and truck are $20,000, $23,000, and $21,500, respectively. The base salary for a sales person is $100/day. In addition, a sales person gets a commission of 5% on the selling price of cars he sells. Each sales person works 8 hours a day. A sales person spends two hours selling a sedan, three hours selling an SUV, and two-and-a-half hours selling a truck. CarPro can spend a maximum of $300,000 per day on ordering cars. How many of each type of car should CarPro sell to maximize profits?
Refer to the CarPro problem. At the optimal solution, the total ordering cost for all cars is:
| a. |
$ 278,800 |
|
| b. |
$ 276,908 |
|
| c. |
$ 286,500 |
|
| d. |
$ 289,700 |
Refer to the CarPro problem. To maximize profits, CarPro should sell two SUVs per day.
True
False
Refer to the CarPro problem. At the optimal solution, how many trucks should be sold to maximize profits?
| a. |
20 |
|
| b. |
14 |
|
| c. |
18 |
|
| d. |
10 |
Refer to the CarPro problem. At the optimal solution, the total profit per day that can be made by CarPro is:
| a. |
$ 21,800 |
|
| b. |
$ 29,000 |
|
| c. |
$ 27,500 |
|
| d. |
$ 20,800 |
Refer to the CarPro problem. At the optimal solution, how many sales persons should be hired?
| a. |
5 |
|
| b. |
6 |
|
| c. |
3 |
|
| d. |
1 |
In: Operations Management
In: Operations Management
CHAPTER TWO
Recent sanctions by the United States and Europe against Russia are posing problems for global
automakers. The sanctions, imposed in response to Vladimir Putin’s policy decisions are creating
challenges not only for Russian citizens, but also for U.S. and European companies. France’s
Renault is likely to be hit hardest. It is the most dependent on the Russian market followed by
South Korea’s Kia and Hyundai, and Japan’s Nissan, and German automakers VW and
Mercedes. If these sanctions persist, the companies could experience considerable production
issues. Already, General Motors is offering buyouts to its workers in Russia as sales slump in the
country.
1.
Consider the impact of the sanctions relative to the overall attractiveness of the Russian
market. What are the political and economic costs of doing business in countries like
Russia where political problems threaten economic growth?
2.
What strategic alternatives are open to companies like Renault that depend on the
Russian market.
3.
What are the tradeoffs of operating in an emerging market like Russia where political
uncertainty is high as compared to a more established market.
In: Operations Management
A. How has the global environment changed for U.S. (Hollywood) movie studies since 2000? Explain.
B. Apply the integration-responsiveness framework to describe which global strategy Hollywood studies followed originally, and how their strategic positioning has changed over time. Explain how and why.
C. When commenting on the disappointing performance of The Great Wall, movie executives continue to highlight the huge market opportunities in China and emphasize that they will soon find the right formula to make movies that are attractive to both American and Chinese audiences alike. Do you agree with this assessment? Why or why not?
D.Assuming that movie studios will be able to create breakthrough hits that are attractive for both Eastern and Western audiences, what type of global strategy wouldthat entail? What are some benefits of this type of global positioning? What are some of its risks? Why is this type of global positioning so hard to achieve?
In: Operations Management
Analyze the economic environment of the 3 countries where Apple company does business in terms of
first and second-order economic indicators, economic system (market friendliness, the role of the state), and economic freedom.
How devastating are the (socio)economic effects of the pandemic in these countries? How does it affect Apple company´s sales/operations?
In: Operations Management
HSAE610 Human Resource Management
The Fourth Practical Assignment
Learning Needs Analysis
In: Operations Management
. weigh the cost and the benefits of automobile in morden American life is there a way to have the freedom and convenience of private automobile without negative aspect ?
In: Operations Management
What is the purpose of logistics hubs, with repect to pipelines? Would oil from the Trans-Alaska Pipkeline go to a logistics hub in Oklahoma or New York?
In: Operations Management
Identify and discuss JIT scheduling tactics.
In: Operations Management
1. The responsibility for evaluating new technologies, new ideas, and new capabilities and identifying those that are most relevant to the organization is typically assigned to the __________.
A. chief information security officer (CISO)
B. chief innovation officer (CIO)
C.chief security officer (CSO)
D.chief information systems administrator (CISA)
E. chief technology officer (CTO)
2. When network access and Internet services are __________, it means that the users can do all their required processing without any problems nearly all the time.
A.congested
B.reliable
C.proactive
D.restricted
E.encrypted
3. In ten years, the IS function will ________.
A.no longer be relevant most organizations
B.play a limited role in the organization
C.usually be performed by the CEO of the organization
D.finally be seen as a key player for gaining competitive advantage
E. be replaced by outsourcing firms
4. Which of the following is NOT a user's responsibility?
A.Learning the correct procedures for using the applications you need.
B.Using computers and mobile devices according to your employer's computer-use policy.
C.Protecting your password.
D.Installing only authorized programs.
E.Obtaining reliable network and Internet connections.
5. The IS department has responsibility for which of the following functions?
A.Developing marketing campaigns to be implemented using social media
B.Planning the use of IS to accomplish organizational goals and strategy
C.Training employees to work alongside robots
D.Hiring a company to run the cafeteria
E.Prosecuting hackers
In: Operations Management
If the president of your college called you in and asked how a community college could create a competitive advantage for itself, what would you recommend? (Be sure to consider the costs as well as the benefits of your proposal and the economic aspect.
In: Operations Management
|
An electrical contractor's records during the last 5 weeks indicate the number of job requests:
NEED THE FORMULAS FOR EXCEL/ NOT JUST THE ANSWERS NEED THE FORMULAS FOR EXCEL/ NOT JUST THE ANSWERS NEED THE FORMULAS FOR EXCEL/ NOT JUST THE ANSWERS |
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In: Operations Management
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