Questions
How do organizations make decisions to pursue a global strategy? How can expanding globally become a...

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...

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?

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...

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...

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?

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...

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...

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...

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:

  • Describe the role of strategic planning in achieving a competitive advantage.  
  • Assess Caterpillar Inc. to determine whether their top focus is accounting profitability, shareholder value creation, or economic value creation.
  • Assess whether Caterpillar Inc. leverages the appropriate value and cost drivers for their business strategy.
  • Analyze the strengths and weaknesses of Caterpillar Inc’s competitive advantages.
  • Evaluate the influence of ethics, social responsibility, and legal considerations on strategic planning.  
  • Discuss the value of corporate social responsibility (CSR), and determine if Caterpillar Inc.’s CSR meets those values.
  • Analyze the role of ethics and social responsibility in developing Caterpillar Inc.’s strategic plan while considering stakeholder needs and agenda.

In: Operations Management

The produce manger at the local grocery store must determine how many pounds of bananas to...

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...

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...

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...

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...

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?

  • What differences and similarities did you observe between the two leaders?
  • Did the leaders advocate specific values? If so, what?
  • Did the leaders use any unique symbols to promote their visions? If so, what?
  • In what ways did the leaders behaviors model their visions to others?

In: Operations Management

Discuss the consequences of Wells Fargo risk events making reference to its impact on stakeholders including...

  • 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