A. Corporate governance is designed to give executives managerial discretion and accelerate them to make quick decisions. Is this statement true?
B. Agent relationship between professional executives and owners of a firm can cause agency costs. What is NOT the example of agency costs?
Select one:
a. monitoring costs (e.g., auditing & hiring board directors)
b. incentive costs (e.g., stock option)
c. operating costs due to low bargaining power against suppliers.
d. financial losses caused by fraudulent bookkeeping.
C.
Organizational structure is effective when it is well aligned with organizational strategy. So, executives should make organizational structure flexible when adopting differentiation/value innovation whereas they should make it stable when adopting cost leadership. Is this statement true?
D.
Centralization/decentralization is defined as the level at which strategic decision making authority is located in the organization. If only executives make strategic decisions, the organization is highly centralized. If middle managers and employees can make strategic decisions, it is highly decentralized. Is this statement true?
In: Operations Management
For many organizations, objective performance data (such as production figures) is preferred rather than subjective data when it comes to assessing the performance of employees. While this may seem like a no-brainer approach to use objective data for performance management, it does have its drawbacks. Discuss some of the reasons objective data may be less effective as a performance measure than subjective data. 250 word response please!
In: Operations Management
Why does McDonald's choose to compete internationally? Please explore some of the reasons mentioned below for why companies choose to enter foreign markets.
To gain access to new customers
To achieve lower costs through economies of scale, experience, and increased purchasing power
To gain access to low-cost inputs of production
To further explore its core competencies
To gain access to resources and capabilities located in foreign markets
In: Operations Management
There are four market models: perfect competition, monopolistic competition, oligopoly and monopoly. Briefly discuss the assumptions of each of these four models and give examples of each. Explain the long run economic profit earned by each of the four. Explain how the concept of economic profit might help explain the rationale for the government’s granting of monopolies to those firms that protect their product with a patent.
Please answer in paragraph, no bullet points or numerical and I will rate.
Thank you in advance!
In: Operations Management
A combinatorial auction allows participants to make bids on items in either individual or grouped quantities. Suppose an auctioneer has 4 items. There are 6 bidders who bid the following:
Bidder 1: $6 for item 1
Bidder 2: $3 for item 2
Bidder 3: $12 total for items 3 and 4
Bidder 4: $12 total for items 1 and 3
Bidder 5: $8 total for items 2 and 4
Bidder 6: $16 total for items 1, 2, and 4
Each item can only go to at most one participant. If a bidder won the bid on multiple items, they must receive all of them.
formula a linear Integer Program that helps the auctioneer maximize revenue. Clearly define all decision variables and constraints.
In: Operations Management
In: Operations Management
Explain the process of how servant leadership works.
In: Operations Management
I'm working on a resource activity plan and a budget for a project proposal. I'm needing help with the resource activity plan and the budget. The project proposal is for a Walmart in my state. The store manager is the one that does all the scheduling for 340 employees. The budget for the project is 1,000,000 million dollars. The idea proposed is getting a group of eight assistant managers to come together to make schedules for the employees. Each assistant manager will be assigned an department to make schedules for. The client is Jamie, the sponsor of the project is Charles. The project manager is Jennifer. HR picked the assistant managers that are avaliable to sit down for sixty minutes per week to create a week's worth of schedules. The team includes the eight assistant managers, which are Jennifer, Sharron, Jake, Robert, Michael, Larry, Selena, Kendra. To make this team work they will be trained using video scheduling system training and they will be tested electronically. Jamie is store manager, larry is front end, michael is over fruits and veg, jake is over apparel, selena is over stationary, robert is over home, kendra is over sporting goods and lawn and garden, jennifer is over frozen food and groceries, and sharron is over stocking. The project starts on April 4th and ends on June 4th.
In: Operations Management
Has the Apple company been through some international M&As? Has it faced any challenges in this respect?Does Apple company have made some cross cultural marketing/business blunders, If yes what was it about and how it could have been avoided?
In: Operations Management
A financial call center receives customer calls at every 15 seconds. The call center trains customer
service representatives (CSRs) in a way that they take an average of 7.5 minutes to process a call.
Caller inter-arrival and processing times are exponentially distributed.
Currently, the call center employs 42 CSRs and pays each CSR $15 per hour including benefits.
The center estimates that it loses $1 for each minute a customer is on hold, in terms of the
negative impact on future business.
What is the optimal staffing level (i.e., number of CRSs employed) minimizing the total operating
cost? How much can the call center can save with adopting the optimal staffing level?
Hint:
Starting from the current number of CSRs, how does the total cost per hour change if we
hire one employee? What can you learn from this?
In: Operations Management
Explain your thoughts on OSHA's use of incorporation by reference and whether you believe it improves safety and health in the workplace.
In: Operations Management
Fully describe the full range of leadership models
In: Operations Management
This problem relates to the Belgian electricity regulation commission. All monetary amounts are in Belgian francs (BF). Given the huge fixed costs faced by the government-owned Belgian electric power utilities, the commission decided to charge a uniform price of 4.810BF/kWh, far in excess of the marginal cost of l BF/kWh. Then someone suggested that the government could make everyone better off -- small customers, large customers, the government -- by offering consumers a choice of two tariffs. Customers could either choose the above uniform price policy or they could choose a two-part tariff with a 1,173BF subscription fee per year and a unit price of 2.752BF/kWh. Show how this suggestion might achieve what it claims to achieve. What is a necessary condition for the proposal to work?
In: Operations Management
How did 9/11 change the way international trade works? Are the measures being effective at this time 2020 worldwide?
Be sure to write a minimum of two paragraphs. Be sure to cite sources and use APA style.
In: Operations Management
Replacement Individual Assignment for HRM2040 re: COVID-19
You must select
10
of the following areas of HR.
Legal Compliance
Technology and Human Resources
Job Analysis and Job Design
Human Resources Planning
Recruiting Employee
Selecting Employees
Employee Orientation and Training
Career Development
Performance Management
Equitable Pay Plans
Employee Benefit and Service Plans
Health and Safety
Employee Relations
Management and Labour Relations
For each of the 10 selected areas you must identify and explain 3 factors or characteristics that would be
considered HR practices of a 21
st
century organization. For each of the 10 areas of HR that you selected, you
must res
In: Operations Management