How do organizations make decisions to pursue a global strategy?
How can expanding globally become a threat to a multinational enterprises (MNEs) reputation? Explain with the help of a real-world example.
What is meant by cultural distance? How does it affect a firm? Use a real-life example of a business affected by cultural difference.
What are IKEA’s external and internal challenges? Which ones pose the greatest threat? Why? How would you address the challenges?
What can IKEA do to continue to growth globally, especially given its strategic position to double annual store openings?
In: Operations Management
QUE//i) What is the difference among policy, standard and procedures .
ii ) Define policy and its role in an organization and the types / categories of policies .
iii)What are the element of a good policy.
In: Operations Management
1. Why is insider trading hard to define?
2. Why it insider trading considered harmful?
In: Operations Management
Farmers who sell their fruit and vegetables to consumers at roadside stands or farmer's markets use a _____ consumer marketing channel.
channel A
channel B
channel C
channel D
channel E
Sheryl is a saddle fitter for Ideal Saddles, which makes English riding saddles using premium Italian leather. Sheryl gives a prominent stable owner, Tara, a large discount on one of her company's custom saddles in the hope that Tara will recommend Ideal Saddles to her clients. This is an example of a(n) _____ strategy.
buzz marketing
pull
push
inducement
publicity
Clean Clothes, a manufacturer of washing machines and dryers, is experiencing a period of decreasing sales. It provides rebates and free installation to customers to
push retailers to carry its products.
maintain sales goals.
encourage customers to learn more about the company.
remind customers about the benefits of its products.
assure current users that they have made the right choice.
In: Operations Management
Gilbert Moss and Angela Pasaic spent several summers during
their college years
working at archaeological sites in the Southwest. While at those
digs, they learned how to make
ceramic tiles from local artisans. After college they made use of
their college experiences to start
a tile manufacturing firm called Mossaic Tiles, Ltd. They opened
their plant in New Mexico,
where they would have convenient access to a special clay they
intend to use to make a clay
derivative for their tiles.
Their manufacturing operation consists of a few relatively simple
but precarious steps,
including molding the tiles, baking, and glazing. Gilbert and
Angela plan to produce two basic
types of tile for use in home bathrooms, kitchens, sunrooms, and
laundry rooms. The two types
of tile are a larger, single-colored tile and a smaller, patterned
tile.
In the manufacturing process, the color or pattern is added before
a tile is glazed. Either a
single color is sprayed over the top of a baked set of tiles or a
stenciled pattern is sprayed on the
top of a baked set of tiles.
The tiles are produced in batches of 100. The first step is to pour
the clay derivative into
specially constructed molds. It takes 18 minutes to mold a batch of
100 larger tiles and 15
minutes to prepare a mold for a batch of 100 smaller tiles. The
company has 60 hours available
each week for molding. After the tiles are molded, they are baked
in a kiln: 0.27 hour for a batch
of 100 larger tiles and 0.58 hour for a batch of 100 smaller tiles.
The company has 105 hours
available each week for baking. After baking, the tiles are either
colored or patterned and glazed.
This process takes 0.16 hour for a batch of 100 larger tiles and
0.20 hour for a batch of 100
smaller tiles. Forty hours are available each week for the glazing
process. Each batch of 100
large tiles requires 32.8 pounds of the clay derivative to produce,
whereas each batch of smaller
tiles requires 20 pounds. The company has 6,000 pounds of the clay
derivative available each
week.
Mossaic Tiles earns a profit of $190 for each batch of 100 of the
larger tiles and $240 for
each batch of 100 smaller patterned tiles.
Angela and Gilbert want to know how many batches of each type of
tile to produce each
week to maximize profit. In addition, they have some questions
about resource usage they would
like answered.
j. Mossaic is considering adding capacity to one of its kilns to
provide 20 additional glazing
hours per week, at a cost of $90,000. Should it make the
investment?
k. The kiln for glazing had to be shut down for 3 hours, reducing
the available kiln hours
from 40 to 37. What effect will this have on the solution?
l. What are the reduced costs for larger and smaller tiles?
Explain.
In: Operations Management
Why have many manufacturing facilities relocated from Western Europe to Asia? Discuss the motives and risks?
In: Operations Management
Describe the meaning of a domain statement of HRM practices
Make a distinction among the nineteen specific dimensions of HRM practices.
Discuss how they relate to a firm’s reward system, staffing system, training and development and performance management systems.
In: Operations Management
Read: The Real World 16.2 "Joie de Vivre CEO Uses Maslow's
Pyramid to Change Culture"
Utilizing this theory how could you apply the same to your current
position or future position
In: Operations Management
Familiarize yourself with the following terms and concepts discussed this week in preparation for completion of this assignment: market capitalization, economic value created, sustainable strategy, business-level strategy, differentiation strategy, strategy canvas.
Create a 700 to 1,050-word entry in your strategic management research journal. You will use information from this entry in your presentation due in Week 5. Respond to the following prompts in your journal entry:
In: Operations Management
The produce manger at the local grocery store must determine how many pounds of bananas to order weekly. Based upon past experience, the demand for bananas is expected to be 100,150, 200, or 250 pounds with the following probabilities: 100lbs 0.20; 150lbs 0.25; 200lbs 0.35, 250lbs 0.20. The bananas cost the store $.45 per pound and are sold for $.085 per pound. Any unsold bananas at the end of each week are sold to a local zoo for $.30 per pound. Use your knowledge of decision analysis to model and solve this problem in order to recommend how many pounds of bananas the manager should order each week.
Please use Excel Spreadsheet and use EMV. Thank you!!
In: Operations Management
Why do you think it is important to communicate to employees who
survived a company wide Layoff and what do you think is the most
important thing to communicate to surviving employees?
In: Operations Management
What is the role of Strategy & Performance Excellence in supporting Quality Management (QM) and Lean Management (LM). Factor in the impact of the Corona Virus on Strategy & Performance Excellence when relying heavily into one country such as China. How would you assess their "unintended consequences" to the global economy? and how would you re-calibrate your Strategy & Performance Excellence strategies based on lessons learned?
In: Operations Management
Explain the differences between developed countries, newly industrialized countries, and less developed countries. What areas of opportunity need to be measured and analyzed within each of these countries before investing and establishing a multinational corporation? What do measures like Human Development Index tell us about a country’s place along the development continuum?
In: Operations Management
For this exercise, select two people in leadership positions to interview. They can be leaders in the formal or informal positions at work, school, or society.
Conduct a 30-minute interview with each leader – ask the leaders to describe the visions they have for their organizations. In addition, ask, “How do you articulate and implement your visions”.
Leader #1 – is the leader vision content, vision articulation, or vision implementation?
Leader #2 – is the leader vision content, vision articulation, or vision implementation?
In: Operations Management
Discuss the consequences of Wells Fargo risk events making reference to its impact on stakeholders including employees and shareholders, other financial institutions such as banks and the auditors of the company. in 500 words
In: Operations Management