Definition of Just in Time and techniques of JIT, Difference between Traditional and JIT purchasing. Your detailed essay answer should be at least 2 to 3 pages long with suitable examples.
In: Operations Management
What are some of the dangers of attempting to manage risks without properly researching them? Be sure to include a range of research methods in your response.
No hand writing pls. 150 - 200 words
In: Operations Management
Assume that if the product requested is not in stock,
it needs to be manufactured
before the order handling can continue. In this way, an order can
never be rejected.
To manufacture a product, the required raw materials have to be
ordered. Two
preferred suppliers provide different types of raw material.
Depending on the prod-
uct to be manufactured, raw materials may be ordered from either
Supplier 1 or
Supplier 2, or from both. Once the raw materials are available, the
product can be
manufactured and the order can be confirmed. On the other hand, if
the product
is in stock, it is retrieved from the warehouse before confirming
the order. Then
the process continues normally. After confirming the order, the
shipment address is
received and the requested product is shipped while the invoice is
emitted and the
payment is received. Afterwards, the order is archived and the
process completes.
1-Descriptions of System
- Describe the system
- (If any) Explain any problem(s) in the system (e.g. causes of the
problem
and its (potential) effects
In: Operations Management
A group of students pool their meagre resources to start a business. Their plan is to sell an existing product in another country. They have no experience in international business. They decide to target a small, poor, country. Their product targets poor farmers so they have to cover a geographically disperse market in which there are no hugely profitable customers. Their product is not really superior to existing products, just a bit cheaper. They hope for small, steady, growing sales but do not expect to get rich off this product. The product does not need service and is not part of a system. There is nothing to protect with patents. There are no legal requirements that favor one entry mode over another. What entry mode would you advise this firm? Please explain all the reasons that led you to this choice
Answer: I would advise them to use the ___________________ entry mode because….
Explanation: be sure to cover as many criteria as possible and apply the facts from the case.
In: Operations Management
Question 1 A steady stream of philosophers, scientists, and management gurus have since echoed Adams, lamenting the acceleration and calling for similar leaps to fundamental new ways of thinking and acting. Many advocate the development of systems thinking the ability to see the world as a complex system, in which we understand that “you can’t just do one thing” and that “everything is connected to everything else.”
a-Explain what is meant by system dynamic and show how System dynamics is fundamentally interdisciplinary. (750 Words 15 Marks)
Please i need it to be exactly 750 words!!!
In: Operations Management
is there ever a time that a business can say it will not abide by environmental regulations or requests?
Describe those conditions.
In: Operations Management
Answer the following question in a composition of 10 to 20 sentences
How can a marketer make effective use of each of the following American core values: material well-being, saving time, and honesty?
In: Operations Management
A small candy shop is preparing for the holiday season. The
owner must decide how many bags of deluxe mix and how many bags of
standard mix of Peanut/Raisin Delite to put up. The deluxe mix has
.67 pound raisins and .33 pound peanuts, and the standard mix has
.55 pound raisins and .45 pound peanuts per bag. The shop has 80
pounds of raisins and 65 pounds of peanuts to work with.
Peanuts cost $.65 per pound and raisins cost $1.60 per pound. The
deluxe mix will sell for $2.70 per pound, and the standard mix will
sell for $2.60 per pound. The owner estimates that no more than 125
bags of one type can be sold.
a. If the goal is to maximize profits, how many bags of
each type should be prepared? Use Excel Solver. (Round
intermediate cost calculations to 2 decimal places and round your
answers to the nearest whole number.)
Deluxe | bags | |
Standard | bags | |
b. What is the expected profit? Use Excel Solver.
(Enter your answer based on the unrounded (not rounded)
decision variable values from Part a. Round your answer to the
nearest whole number. Omit the "$" sign in your
response.)
Profit $
In: Operations Management
Please change it in other words because it is plagiarized
Topic: Training and development impact on Employee performance in Abu Dhabi islamic bank
Introduction
The training processes are the basis for providing information and for a training team to configure the specific experience through training methods and communication to influence their behavior and increase functional abilities, and to provide training knowledge to individual knowledge and skills. Its related behaviors directly translate into career and organizational stages, that’s increases the level of work productivity.
The desires and needs about the costumer are present and, for this reason, specialists and researchers about the field of modern training and management have gained importance. The industries gives a comprehensive explanation about concepts related to training strategy, which includes the concept of training, the concept of training strategy, preparation steps, obstacles to training strategy, also effective training program. the importance about the benefits, and training, its methods, methods and goals,.
Theoretical Framework of the study
Reinforcement Theory
Skinner's Reinforcement Theory is a theories based on human motivation. The theory is based on the principles of causality and knowledge, which is the behavior of the worker are regulated through the end of reward.
Skinner's Reinforcement Theory and Reinforcement Theory or one about the theory based on human motivation. The Reinforcement Theory Burrhus was published in 1957 by American social philosopher, psychologist and behavioral philosopher Frederic Skinner.
The theories are base upon the rules of knowledge and causality that govern employee behavior according to the kind of rewards. The theory is not evaluate personality, but is based on recognized and behavior.
Encouragement theory
Adlerian therapy and the therapy for short-term objectives and plus psychodynamics, based of theory and the Alfred Adler, a former colleague about the Sigmund Freud's. Adlerian therapy are focusing the develop about the individual identity while accepting and understanding the collaboration of all human beings. It is the concepts about the Adlerian theory.
This emphasizing the dignity and the value about human being, also the a positive outlook, affirming that they are capable of creating, deciding, and acting to change individuals. Promotion is often understood as an adrenal therapy technique or intervention. Promoting is not a technique, but a way of being with others that includes the skills of creating attitude and relationships.
Victor Vroom Expectancy Theory
The theory of hope Victor Vroom proposed by the Yale School Board in 1964) Vroom insists, not needs, is focus the outcomes, unlike Herzberg and Maslow. The theories states which is intensity about tendency for perform about the special way depends with the intensity about the expectation of a specific outcome and the attractiveness of the individual.
Expectancy theories the basics and4 assumptions “Vroom, 1964, cited Chintallo, S and Mahadeo, J. “2013”. The Vroom expect theories it assumes which is the behavior of consequence of conscious choices, and their goal is to maximize pleasure and minimize pain. Vroom realized that employee performance is based on individual factors, skills, such as personality, knowledge, skills and experience.
Empirical Review
The “Kraiger, 2009” in their research explain that increasing the organization's revenue and reducing turnover and playing the best role in reducing unemployment for the society. This thing is makes the society more efficient and beneficial.
Immediately, in 2016, the Islamic Bank of Abu Dhabi recognizing the governmental initiative to fill a thousand works in the financial sector within a hundred days. “ADIB, 2017” Bank workers will gain satisfaction when they play clients and increase profits, while increased profits will advantage the society more by csr activity.
(Abdelgadir and Elbadri, 2001) study, titled: Polish box training practices: an assessment also the improvement agenda".
This research is aim to study the training practices as well as the activity about Polish banks, and collected the data from (30) Polish banks. The training actions analyzed were:
Identify the training requires, the development of training program, also the evaluates effective of such programs. Research has founding which many of these banks work to identify training needs, the process of evaluating the results of training programs, and the outcome of their workforce.
(Daniels, 2003) study, titled: the Worker Training: the Strategic of Approaches the Better Investment Performance."
The research (15) met the added returns of the training process for one person working in the UK bank.
Research has found which is the training works hard in developing individuals' learning and skills, building effect and work groups, achieving high levels of quality, and making the organizational culture that supports the organization's goals and strategies, which in turn contributes to the return on training investments.
A study by “Gascó, et.al, 2004, entitled: "Using Information Technology for the H-R Training: And the E-Learning” Case Study.
This research is the conduct for the investigation and impact about information technologies about the (HRM) practices, particularly the training strategy for Spanish Tele-communication organization (Telefonica)
The essential findings about the study were the using about the technology of information in training, which has significantly develop the exploitation about their season managers and increased the number of attendees, also has helped to evaluate and improve effectiveness about the training programs. quality about this subsequent and programs quality systems.
This service organization goal to growth training systems it has receives be a self-help training list for workers.
.
Required:
Question: Rewrite these paragraphs because it is plagiarized. please change the words
.
Note: plagiarism is strictly prohibited please rewrite it and correct the grammer
please do it
In: Operations Management
Answer the following question in a composition of 10 to 20 sentences
Imagine that you have two alternative market segments. They're different only in their inclination to information search. Segment A does a great deal of information searching during decision making. The people in Segment B are much less active in their search behaviors. Why would both segments be good target markets? How would marketing activities directed toward each segment differ?
In: Operations Management
During a pandemic like today, what should do a wine company or industry in order to survive the crisis ? ( choose 3 from the six basic strategies generic ) and why ? defending in 1 paragraph for each strategy the reason for your choice.
In: Operations Management
Please change it in other words because it is plagiarized
Topic: Training and development impact on Employee performance in Abu Dhabi islamic bank
Introduction:
As we know the banking sector is one of the toughest job in the business organizations. Today most the services of the banks are having a poor services. So for this purpose we have chosen the topic Training and development impact on the employee performance and productivity in UAE banks
Training and Development is a basic part. An employee performance is fully depend upon the training. After joining one employee should go through the training purpose, we need to identify the skills on the basis of this one employee can function full way. So that their development is the first criterion for performance evaluation,
Employee Development:
These are the major parts of the development of employees. Any organization success is depending upon the human resource quality Here the purpose of study is to investigate about training and development of employees and their performance in the organization.
Impact of Training
As regarding to the bank are having a poor performance in the UAE bank but When the UAE bank are trained the employees they become motivated and feel the bank value them. So that he or she can not payback financially to the UAE banks as gratitude so that they improve the performance. There is no excuse about the poor performance from the side of employees. An employee is become loyal to the bank if they know the work and having issue in a particular task.
Degree of Development
As regarding to the degree of development the employee must to achieve the following areas regarding to their development such as communication development, technical and operational development, personal and physical development as well as social and professional development through that they face the challenges in the daily operation. These are helping them to improve the performance and productivity.
Both the qualitative and quantitative approaches are used in the study. The study of employees of a company is conducted. A questionnaire is also issued for that. The statistical tools used are descriptive and inferential for the data analysis. For this purpose, the frequency tables and standard deviations is also used. The result of the study shows the training and development of employees and its effect on their performance.
Problem Statement:
At present, not all banks provide training to their workers to reduce the output and performance. Lastly, they are not gets the right notes. So now it's a very bad thing. We grill but first we need to achieve the proper training.
Without training we are not completely judge each organization because it is the variouskinds for the business processes. Therefore, we should first of all gives the perfect training. Therefore, the rate of employee turnover and dissatisfaction increases dramatically and most people neglect doing work at Banks.
Research Question:
Effect Training strategies for staff performance in Abu Dhabi Islamic Bank - Abu Dhabi
Study hypotheses:
Scope of the study:
The important goal about the researches are to examine the reality about training and processing the interaction under the performance appraisal process to determine and return on training activities also impact on employee performance level.
Study objectives:
This study aims to achieve the following objectives:
Significance of study:
This research advantages the banks of the UAE Country (Elnaga, 2013), who have explained in research which is train and lead about the worse performance. And however, the (Gunu, 2013” and argue which is the training one is not necessarily develop the worker performance.
To achieve the most out of the training it is very necessary to evaluating the individual training needs, assessing the specific types of training to be given to the staff, to focus on staff weaknesses as well as to develop the required training courses immediately when the employee is done. the bank's profit will increase, the bank's image will increase also the necessary training courses will be developed.
For example, Workers who are deals with the client must have communication when they need to be satisfied with the client, where technical staff who immediately do computer work need to be trained with certain courses to helping to them upgrade to the advance technology. (Elnaga, 2013)
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Required:
Question: Rewrite these paragraphs because it is plagiarized. please change the words
.
Note: plagiarism is strictly prohibited please rewrite it and correct the grammer
In: Operations Management
In: Operations Management
In: Operations Management
The performance of the bank branch manager is often difficult to measure. Evaluation can include such variables as loan quality, deposit growth, employee turnover, complaint levels, or audit results. However, many other factors that influence performance, such as the rate structure, changes in the market area served by the branch, and loan policy as set by senior management, are beyond the branch manager’s control. The appraisal system presently used by First Trust Bank is based on points. Points are factored in for manager’s potential productivity and for the actual quality and quantity of work. In this system, the vast majority of raises are between 4 and 10 percent of base salary.
Sales growth is a major responsibility of a branch manager. Although many salespeople are paid a salary plus bonuses and commissions, no commissions are paid on business brought in by a branch manager. therefore, one problem for the bank has been adequately rewarding those branch managers who excel at sales.
In May 1999, First Trust Bank opened a new branch in Northside Parkway, located in a high-income area. Three computing banks had been in neighborhood for same 15 years. Jim Bryan, who had grown up in Northside Parkway area, was selected as branch manager. In addition to Jim, the branch was staffed with five qualified people. Senior executives of the bank had disagreed about the feasibility of opening this branch. However, it was Jim’s responsibility to get the bank a share of the market, which at that time consisted of approximately $28 million in deposit.
After one year of operation, this branch had the fastest growth of any ever opened by First Trust Bank. In 12 months, deposits grew to$6 million, commercial loans to $1 million, and installment loans to $0.5 million. As measured by Federal Reserve reports, the new branch captured 50 percent of the market growth in deposits over the 12 months. The customer service provided was extremely good, and branch goals for profit were reached ahead of schedule. Aware of the business, Jim looked forward to his next raise.
The raise amounted to 10 percent of his salary. His boss said he would like to have given Jim more, but the system wouldn’t allow it.
1 Should Jim have been satisfied with his raise since this was the maximum raise the system allowed?
2 Do you think the bank currently offers adequate sales incentives to its branch managers ? If not, what would you recommend ?
In: Operations Management