Upon reviewing the following video, “The Corporate Management Training Program at The Kraft Heinz Company”,share an example of an effective or ineffective training program or experience.
In: Operations Management
McDonald’s Corporation
When most firms were struggling in 2008, McDonald’s increased its revenues from $22.7 billion in 2007 to $23.5 billion in 2008. Headquartered in Oak Brook, Illinois McDonald’s net income nearly doubled during that time from $2.4 billion to $4.3 billion—quite impressive. Fortune magazine in 2009 rated McDonald’s as their 16th “Most Admired Company in the World” in terms of their management and performance.
McDonald’s added 650 new outlets in 2009 when many restaurants struggled to keep their doors open. McDonald’s low prices and expanded menu items have attracted millions of new customers away from sit-down chains and independent eateries. Jim Skinner, CEO of McDonald’s, says, “We do so well because our strategies have been so well planned out.” McDonald’s served about 60 million customers every day in 2009, 2 million more than in 2008. Nearly 80 percent of McDonald’s are run by franchisees (or affiliates).
McDonald’s in 2009 spent $2.1 billion to remodel many of its 32,000 restaurants and build new ones at a more rapid pace than in recent years. This is in stark contrast to most restaurant chains that are struggling to survive, laying off employees, closing restaurants, and reducing expansion plans. McDonald's restaurants are in 120 countries. Going out to eat is one of the first activities that customers cut in tough times. A rising U.S. dollar is another external factor that hurts McDonald’s. An internal weakness of McDonald’s is that the firm now offers upscale coffee drinks like lattes and cappuccinos in over 7,000 locations just as budget conscious consumers are cutting back on such extravagances.
About half of McDonald’s 31,000 locations are outside the United States. But McDonald’s top management team says everything the firm does is for the long term. McDonald’s for several years referred to their strategic plan as “Plan to Win.” This strategy has been to increase sales at existing locations by improving the menu, remodeling dining rooms, extending hours, and adding snacks. The company has avoided deep price cuts on its menu items. McDonald’s was only one of three large U.S. firms that saw its stock price rise in 2008.
The other two firms were Wal-Mart and Family Dollar Stores.
Other strategies being pursued currently by McDonald’s include replacing gasoline-powered cars with energy-efficient cars, lowering advertising rates, halting building new outlets on street corners where nearby development shows signs of weakness, boosting the firm’s coffee business, and improving the drive-through windows to increase sales and efficiency.
McDonald’s receives nearly two thirds of its revenues from outside the United States. The company has 14,000 U.S. outlets and 18,000 outlets outside the United States. McDonald’s feeds 58 million customers every day. The company operates Hamburger University in suburban Chicago. McDonald's reported that first quarter 2009 profits rose 4 percent and same-store sales rose 4.3 percent across the globe. Same-store sales in the second quarter of 2009 were up another 4.8 percent.
Questions:
1. Which theory of organizational adaptation is applied at McDonald's (Theories to choose from: Institution Theory, Strategic choice perspective, and Organizational Learning Theory) ? Discuss.
2. Conduct the environmental scanning of McDonald's through SWOT analysis.
3. Discuss any 2 strategies used at McDonald's ( Strategies to choose from : Corporate strategy, Business Strategy, and Functional Strategy) . Elaborate.
4. Under which strategic type (according to Miles and Snow) can McDonald’s be classified? Elaborate.
In: Operations Management
The structure of the hotel industry
1- Describe the organizational chart of a 68-room,
economy class hotel, franchised under a major chain’s logo, which
has no food and beverageservice, not even breakfast.
2- Sketch the floor plan of the same hotel described abov
FORECASTING AVAILABILITY AND OVERBOOKING
Answer briefly with short paragraphs, phrases, or
exhibits.
A- On October 6, a 300-room property had occupancy of 70%. What is
forecasted occupancy for October 7 if:
• 10 rooms are put out-of-order at 9am on October 6
• 150 rooms are on reservation
• Registration information indicates 101 rooms will depart
today
• The hotel as an historical 6% cancellation rate
• The hotel as an historical 10% no-show rate
B- Assume that a 200-room hotel sold 50% of its rooms
last night. Today, we anticipate that 75 rooms will depart. We
hold60 6pm reservations and 90 guaranteed reservations. There are
no advance deposits. What is the forecasted number of rooms
available for sale
C- Assume that a given property has 300 rooms. After accounting for
the day's departures and arrivals, 100 roomsremain unsold. Of these
100 rooms available, 50 rooms cannot be sold because they are
out-of-inventory. In this case, theforecasted occupancy percentage
would be
note : please expert right the answer on a paper to
avoid plagorism paper and download it here . thankyou for your
help
this is not a marketing class its front office
In: Operations Management
In: Operations Management
.
NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE
A US importer who owes and Belgian company 500,000 Euros payable in 30 days from today expects that the US Dollar will weaken during this period. What would you advise the importer to do? What would happen if the imported took your advice yet instead of the dollar weakening, the dollar actually strengthened?
ANSWER THROUGHLY 1-2 pages *** IN PARAGRAPGH FORM PLEASE NOT BULLET POINTS
COPY AND PASTE Answer in paragraphs, and no picture attachment please.
NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE
In: Operations Management
Assume you are about to start your own business. What would you do from the beginning to ensure that your employees will be satisfied and motivated?
In: Operations Management
In: Operations Management
in 300 words, Do you think the Bible outlines a particular economic system? If so, what does it look like? If not, do you think the Bible is completely neutral on the subject or does it lean more in one particular direction than another (e.g. toward a free enterprise system or a socialistic system)? Be sure to include some specific biblical texts in your discussion.
In: Operations Management
Assume these facts as true. Sen Loeffler attended the above described hearing chaired by Sen. Burr. When she returned home that evening, she told her husband about the hearing. Her husband is Chairman of the New York Stock Exchange. The next day, without telling his wife, he sold $3.5 million worth of stock jointly owned with his wife. He saved $600,000.00 in losses by selling his stock then. Was Sen Loeffler or her husband an “insider”? Did either of them violate the insider trading laws? Argue one way or the other.
In: Operations Management
In: Operations Management
In: Operations Management
Imagine you have been contracted to consult on the recent
developments at the Featherfall Medical Center. Featherfall has
been struggling of late; it has had a series of problems that have
prompted your hiring. It has faced the following issues:
1. Featherfall has recently violated several government regulations
regarding the current state of its technology and how it is being
used. The technology system is vastly out of date, and staff are
not always using the technology that is in place or they are using
the technology inappropriately. These problems have lost the
institution lots of money for not meeting government regulations
and have caused operational and ethical problems from inefficient
and ineffective use of technology.
2. The staff at Featherfall are not well-trained on the use of
technology and do not communicate appropriately about technology
use. The roles that pertinent to your consult are the health
information management team, the clinical staff (doctors, nurses,
etc.), and administrative staff. The health information management
team uses proper coding practices, and the current technology
system serves them well, despite its age. However, other roles in
the hospital have had issues with the system. Clinical staff, for
instance, have had record-keeping issues both due to lack of
training on the system and the system itself being out of date.
Administrative staff within the organization have taken issue with
the lack of communication about the technology and its use between
the various roles. When the current technology system was chosen
many years ago, the needs of these various roles were not
considered.
Preparation for Consult: In this section of your final project, you will prepare for your consultation on the organization’s technology choice. To prepare, you will analyze the field of health information management for determining standard technologies and guidelines related to technology use in order to inform your technology selection.
A. Analyze key historical events in the field of health informatics for how technology has been used that could inform the management of health information. Be sure to support your response with appropriate examples.
B. Determine guidelines for technology use in the field of health information management that Featherfall could implement. Be sure to support your response with research.
C. Determine the standard technologies currently used in the field of health information management. Be sure to support your response with research. For example, what record-keeping technologies are typically used in the field?
D. Develop an overview of how the pertinent roles described at Featherfall would interact with technology.
E. Describe the process you would use to evaluate new health information technology systems. Be sure that your process will evaluate new systems based on how they meet the needs of the organization and how they are compliant with health regulations and laws.
I am having trouble finding the answers and also with finding reliable sources for the answers for the citations.
In: Operations Management
1. The following data resulted from a study taken on a horizontal milling machine:
Pieces produced per cycle: 8.
Average measured cycle time: 8.36 minutes.
Average measured effort time per cycle: 4.62 minutes
. Average rapid traverse time: 0.08 minutes.
Average cutting time power feed: 3.66 minutes.
Performance rating: 115 percent.
Allowance (machine time): 10 percent
. Allowance (manual time): 15 percent.
The operator works on the job a full eight-hour day and produces 380 pieces. How many standard hours does the operator earn? What is her efficiency for the eight-hour day?
2. An analyst has estimated that there will be an 84% learning curve for an assembly operation. The first assembly takes 48 minutes and the standard time is set at 6 minutes.
a. How long will it take the operator to reach the standard time?
b. Unfortunately, the operator falls ill after the first week on the new assembly operation and returns after one week. What will be the estimated time for the operator to reach standard time now?
In: Operations Management
Write a 175- to 265-word response to the following:
1.What are some current trends in health care impacting organizational change? Provide specific examples.
2.What do you see happening with these trends in the future?
In: Operations Management
Summarize your evaluation of the alignment between what Caterpillar Inc. is currently doing and their mission, vision, or values statement. Would you propose any changes to Caterpillar Inc.'s mission, vision or values statements? Why or why not?
In: Operations Management