According to the resource-based view of the firm, internal resources can be instrumental in attaining a sustainable competitive advantage. Using company examples, describe the various types of firm resources. Also, describe the specific criteria managers can use to decide which resources/capabilities have the potential to create a sustainable competitive advantage.
(any company can be used as an example)
In: Operations Management
Two routes are under consideration for a new highway that will take two years to complete. The long intervalley route would be 25 miles in length and would have an initial cost of $50 million for the 1st year and $30 million for the 2nd year. The short transmountain route would be 10 kilometers long and would have an initial cost of $75 million for the 1st year and $50 Million for the 2nd year. Maintenance costs are estimated at $2.5 Million per year for the long route and $1.0 Million per year for the short route for the first year. The maintenance cost is expected to rise with estimated US inflation over time. (You can estimate the inflation increase and distribution based on historical information). Based on historical information, the average US inflation rate is 3.22%. Regardless of which route is selected, the initial volume of traffic (start of 3rd year) is expected to be 400,000 vehicles per year (normally distributed with the std dev at 20,000 vehicles). The estimated driving growth in vehicles is 2% per year starting in the 2nd year after opening. This increase is uniformly distributed +/- 0.5%. Each option would have to be repaved every 5 years at a cost of $500,000 per mile in today’s cost (assume the same inflation rate at above). Assume a 20 year project window and an interest rate of 6%, what is the least expensive investment using NPV (Monte Carlo simulation of the cost)?
If the vehicle operating expenses are assumed to be $0.20 per mile, how might this analysis differ when considering the public benefit?
In: Operations Management
GLO-BUS
Are there any driving forces in the two market segments/product categories where your company competes? What impact will these driving forces have? What external market opportunities for growth and increased profitability in wearable video cameras exist for your company? What external market opportunities for growth and increased profitability in UAV drones exist for your company? What external threats to your company's future well-being and profitability do you and your co-managers see? (Market overview and relevant factor/PESTEL analysis).
In: Operations Management
Instructions:
Research a case that involves any of the employment law
concepts.
Read the case. Feel free to use secondary sources to help with
understanding the case.
Answer the following questions in your own words and in complete
sentences:
1. Who were the parties involved in the case?
2. In 3-4 sentences, what were the facts of the case (what were the
parties suing about)?
3. What law(s) were involved in the case?
4. What did the highest court decide in the case?
5. Do you agree or disagree with the court's holding? Why?
Post your answers along with the case citation as a discussion
post.
In: Operations Management
Assume you are P&G( PROACTER AND GAMBLE) company’s ethics committee and has been tasked to put together a training manual for both new and current employees.
Commitment to Ethical Behaviour Globally; What we do and What We expect in company.IN BRIEF 500 WORDS
for example : (The answer should be like this lenght and format wise.).
When working globally, it’s
important to have a deep understanding of the respect we need to have for our fellow co-workers and
the ability to empathize with somebody else who may be different. Trust and communication are an
essential part of maintaining positive, healthy, relationships within the workplace as well as your
stakeholders globally. In order to ensure employees behave appropriately and ethically its important to
have some sort of rules or policies in place that outline how the company expects their partners to
behave.
1. Having a clearly articulated set of core values is ultimately the backbone of global
policies. This also helps when making decisions in the work place or having to describe
the purpose of a specific situation. Here at Rexall we practice our icare values; Integrity,
customer first, accountability, respect, and excellence. We believe that in order to put
your best foot forward on a daily basis it’s important to be open with your co-workers
and have a line for open or anonymous communication. At the same time, it’s important
to understand and recognize the difference in other cultures including differing values.
2. We never would want to impose our will or core values on another who may be foreign
or international so it’s important to help your international employees understand what
questions they may need to ask in order to help further their business knowledge while
maintaining sensitivity to their culture and core values. It’s very important that there is
some sort of formal discussion scheduled where companies have a chance to train their
employees of the ethics and policies they require them to follow.
3. While keeping your policies consistent it’s also important to allow room for flexibility
and imagination. You don’t want to hold back your company or your employees back
from reaching their full potential. It’s critical to have a managed balance between what
is acceptable and what is not. Establishing an approach that is open to flexibility but also
healthy is important to exercise in ensuring your employees take responsibility and
adhere to good professional judgement.
It is okay to work with somebody who shares a different set of core values or views a specific situation
differently. Sometimes the behaviour of another individual may not be fully understood initially but
keeping an open mind and helping your employees understand and value how clients and peers in other
countries approach work can help address these cultural differences. This exercise is essential for
helping your company succeed in the very competitive global market. In an environment that is
constantly changing and progressing, assuming that whatever we deem as ‘right’ or ‘wrong’ as the
ultimate approach doesn’t leave room for exploration and can lead to conflict in the workplace. Instead
helping to teach your employees to not only accept these differences but appreciate them, can be
beneficial in the long run when trying to expand your company or business globally.
In: Operations Management
Whirly Corporation’s most recent income statement is shown below: Total Per Unit Sales (9,000 units) $ 270,000 $ 30.00 Variable expenses 171,000 19.00 Contribution margin 99,000 $ 11.00 Fixed expenses 54,200 Net operating income $ 44,800 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently): 1. The sales volume increases by 90 units. 2. The sales volume decreases by 90 units. 3. The sales volume is 8,000 units.
In: Operations Management
A sushi place in the food court is trying to determine how many bento boxes to make everyday. The price of a box is $12. The cost of making one box is $8. In the end of the day, any unsold boxes will be thrown away with no salvage value. Customer demand during the day is random and follows a certain probability distribution. What is the probability of stockout if the optimal order quantity is used?
Note 1: Keep 2 decimal places for your answer.
Note 2: Provide your answer as a number between 0 and 1. For example, if the probability is 0.1253, enter 0.13.
In: Operations Management
Millennial leadership Their leadership role Impact On Organizational ( example their leadership style, strength, capability ) ( 1000 words ) ( Plagiarism checker )
In: Operations Management
how does diversity affect the organization's work/ life balance, and what ethical considerations exist that may drive the organization to be more work/ life balanced? 3 paragraph included citation
In: Operations Management
In: Operations Management
What questions do we ask ourselves as professional communicators before applying a tactic to a campaign? How do we segment our publics? Who are we trying to reach?
In: Operations Management
In: Operations Management
What is “validate scope” and why is it important to the project?
In: Operations Management
If your objective is to minimize the effects of rater biases, what type of appraisal system would you design?
In: Operations Management
explain how Texas Health Resource and Intel IT department complied with computer ethics?
In: Operations Management