BUSINESS HIGHLIGHTS
Name & Address of the Project: SV Auditorium
Kollam,Chinnakkada
Nature of Project: Auditorium & Marriage Hall
Promoter: Mr.Siju Varghes
Kollam,Chinnakkada
Kollam-690547
Constitution: Proprietorship
Location: Kollam,Chinnakkada
The above stated information is about my business fiction.
so, please answer the following question based on the above business details.
Thanks in advanced
Determine the importance of the risks selected depending on your risk assessment, Develop appropriate responses to the risk selected and then assess the developed risks
In: Operations Management
A project manager and the project team should not focus on ‘project firefighting ‘but should allocate sufficient time and resources to preventing problems throughout the life of the project. Project Risk management is one way of preventing problems that can negatively affect the project objectives of cost, schedule, scope, and quality. Effective risk management is directed at eliminating threats and increasing opportunities to ensure project success.
(1) Examine a project that you have worked on or know about and discuss the types of risks or opportunities did the project face (be specific) and how did you/ the organization deal with uncertainty of these events?
(2) Identify and explain the key processes required for effective project risk management.
In: Operations Management
how systems dynamic modelling can be used to improve our understanding of the ways in which an organization's performance is related to its internal structure and operations policies?
In: Operations Management
how systems dynamic modelling can be used to improve our understanding of the ways in which an organization's performance is related to its internal structure and operations policies, including those of customers, competitors, and suppliers and then to use that understanding to design high leverage policies for success?
In: Operations Management
explain industry analysis fundamentals including boundaries and competition?
In: Operations Management
Why would a company try to keep their employees working during the Coronavirus pandemic? then replay to these two people did you agree with them or not.
1- Necessity to Business Survival
For some businesses, even the non-essential ones, keeping employees working is still necessary on some level in order to keep the business running. For example, I work at Dillard's and even though all of our stores are shut down, and employees were told we were not going to be working, online ordering is still available. No one thought about the fact that since nearly every retail store is shut down there was going to be a major flux of online orders that managers alone were not prepared to fill and ship. The company ended up having to call several employee associates in order to come in to cover the amount of orders we had so we could still keep our promise to our customers and remain operational even online. COVID - 19 has changed the way companies have to do business in the interim and keeping employees working is sometimes the only way to make that feasible and keep the business alive. Without this, it is possible that many companies would have to shut down for good during this time without any revenue streams.
2. Avoidance of Future Labor Costs
Companies that have had to furlough workers or temporarily lay them off run the risk that those employees may not come back. Grocery stores, pharmacies, and other essential businesses have increased their hiring in this time in order to keep up with demand. Employees that have lost their jobs, permanently or temporarily, may start looking into those jobs and may find a position/company they prefer, or may even use this time to look for other positions within their field for when this pandemic is over. Companies don't want to loose skilled, valuable, and trained employees during this time, so many companies are doing whatever they can to keep their employees working so that they don't loose these employees and have to spend time and money on interviewing, training, and on boarding later after this crisis is over. Additionally, many companies will have massive orders to fill after this is over in order to finish orders that couldn't be sent out due to the virus, and this will require already trained employees. Having to find and train new employees during that time would be an even greater hassle that companies are looking to avoid.
In: Operations Management
The Watkins Chemical Company produces a chemical compound that is used as a lawn fertilizer. The compound can be produced at a rate of 10,533 pounds per day. Demand for the compound is 0.9 million pounds per year. The fixed cost of setting up for a production run of the chemical is $2,773, and the variable cost of production is $3.23 per pound. The annual holding cost per pound of the chemical amounts to 5% of the value. Assume that there are 250 working days in a year.
What is the total annual holding cost if Qp* is produced?
A. 10,038.122
B. 14,196.048
C. 11,517.336
D. 8,143.986
In: Operations Management
BUSINESS HIGHLIGHTS
Name & Address of the Project: SV Auditorium
Kollam,Chinnakkada
Nature of Project: Auditorium & Marriage Hall
Promoter: Mr.Siju Varghes
Kollam,Chinnakkada
Kollam-690547
Constitution: Proprietorship
Location: Kollam,Chinnakkada
The above stated information is about my business fiction.
so, please answer the following question based on the above business details.
Thanks in advanced.
Step 2:
Define 3 processes of your business and select which of these processes is the main process. State the activities included in the mine process. They must be in order. What are the key objectives of the mine process.( 3 process objective) .
In: Operations Management
Write a report on the software package Microsoft Project or another one with which you are familiar. and Identify the advantages and disadvantages of the package as a tool for supporting the study of project management.
In: Operations Management
For those of you with current or previous work experience, how is (was) productivity measured in your organization. Discuss the concepts of total production, average production and marginal production. Relate production to cost and discuss how the ideas of total cost, average cost and marginal cost are used in decision making.
In: Operations Management
What bills related to a facility are the most time sensitive and require fast payment?
In: Operations Management
A three-paragraph on the major change that the CDC just changed into law to conquer on virus we are dealing with around the world. Also, answer what is the risk with the change that we now face because of the recommended PPE change
In: Operations Management
Based on this course lectures, our previous F2F discussions, and your own opinion, answer the following questions:
1. Why is it a must that performance standards be derived from the company's strategic goals in addition to being based on job analysis and job description information? Provide an example.
2. To which extent do you believe that corporations should make their employees well-aware of how their pay structure is derived? Why?
3. What benefits can be achieved when H.R managers implement competency-based compensation programs that reward for skills, knowledge, and behaviors, such as problem solving?
"Your answers or replies should be supported enough by examples and explanations.
In: Operations Management
a. Describe the health care environment in Massachusetts in the 1990's. What were the driving forces for change that were pushing the industry? What impact did these forces have on Tufts/New England Medical Center?
b. What happens within Tufts/NEMC as the external environment gyrates with change? What data in the case supports your claim?
c. How did Zane gain skills as a leader of change?
d. What type of change would you prefer to lead and why?
In: Operations Management