Questions
How would you respond to this post? A company’s level of productivity is made known when...

How would you respond to this post?

A company’s level of productivity is made known when the company is able to successfully lower cost while increasing efficiency. It has been referred to as outputs/inputs and tradeoffs are the most important part of this equation (Vonderembse & White, 2013). When productivity is active in a business, it is able to drive and increase business performance. Oftentimes a company begins to produce more of a product giving consumers more to consume. Meanwhile, a business must be able to remain profitable and certain tradeoffs are necessary to make this happen. The most common tradeoffs that take place are among capital, labor and raw materials. Take a huge corporate store like Apple. Their profit seems to be at its highest when the cost of their product is at its lowest. The data has displayed that because the price of its product has declined, the quantity of its sales increases while causing profit to also increase. In this situation, the reason why efficiency, profitability and productivity took place was although more quantities were being made, the labor portion did not change thus causing bottom line profits to expand drastically (Vonderembse & White, 2013). In this situation, apple was able to keep costs low while productivity high (Vonderembse & White, 2013). Another example of a tradeoff can be seen when substituting materials for labor. This can be seen a lot today in modern day sales. Take a company like an upholstered household furniture store whom is known to be an important source of demand for forest products. For a furniture store to truly prosper it must be located in an area when all input factor costs are considered to be extremely low and where a business is able to differentiate. Therefore, the business can substitute materials for labor by being able to manufacture their own products in a climate adjusted location. This can help them successfully decrease their overall cost through the availability of their own products causing demand to increase as well as the differentiation of their product due to it being manufactured within the same facility and labor.

In: Operations Management

How would you respond to this post? In its simplistic form productivity equals output divided by...

How would you respond to this post?

In its simplistic form productivity equals output divided by inputs(Vonderembse (2013). However, when it some to productivity it is very difficult to increase productivity with out negatively effecting quality. For example, if on an assembly line you want to increase the number of products produced per hour you can accomplish this by speeding up the assembler line. However, if you speed up the line there are more likely to be more defects in the product and thus the quality goes done. This is called the Quality Condition. This means that even though more products are produced at a faster pace, there may be more defects and returns which will actually negatively effect the companies over all productivity,

There are trade offs in productivity and the key os for management to understand the proper formula to make a company the most productive. A manager needs to understand that ratio between the increase of speed of manufacturing a product versus the quality of products off the line. If the line is running too fast the defects mat out weight the additional products being make at the higher rates. The returns will put outweigh the larger number of products being produced and as a result productivity would go down. The manager is responsible for understanding the optimum number products to produce with a low rate of failure.

There can also be other factors with productivity such as skilled versus unskilled labor and higher grade materials versus cheaper ones. Again, a manager needs to weigh the pros and cons of both to understand the most productive route.

In: Operations Management

Explain how Amazon's design respects the seven strategic guidelines for designing systems Strategic System Guidelines. The...

Explain how Amazon's design respects the seven strategic guidelines for designing systems Strategic System Guidelines. The seven system design guidelines are:

1. Closely Align system designs withe business goals and performance targets they are intended to accomplish
2. Use systems to change the competitive landscape
3. Leverage the strengths of existing systems infrastructure
4. Use the simplest possible combination of technology and business procedures to achieve the maximum number of perfomance targets
5. Structure the design so as to provide flexibility in the development sequence used to create the system
6. Do not try to build a system whose complexity exceeds the organization's capabilities
7. Do not renew a project using the same project organization or the same system design after it has failed once

In: Operations Management

Why are companies using less mass media and rather adding more specialized (including social media and...

Why are companies using less mass media and rather adding more specialized (including social media and public relations) and highly targeted media?

Reference

Kotler, P., & Armstrong, G. (2016). Principles of Marketing (16th ed.).

In: Operations Management

My question is on sexual Harassment prevention. Briefly describe what training you selected and what it...

My question is on sexual Harassment prevention. Briefly describe what training you selected and what it entails. Explain why this type of training is relevant to the healthcare industry. Based on what you know about the healthcare industry, is there any special training that you would mandate your staff to participate in if you wer

e a manager? If so, why?

In: Operations Management

For this assignment, imagine you work for a U.S.-based organization that sells household appliances and is...

For this assignment, imagine you work for a U.S.-based organization that sells household appliances and is considering opening stores internationally, starting with Brazil. You have been tasked with providing your recommendations in preparation for the expansion into Brazil. In 250-500 words, address the following:

  1. Discuss how you would modify the personal selling approach based upon the Brazilian target market. Provide an example of the specific changes you would make and justify the changes.
  2. Identify ethical and regulatory issues that should be considered when marketing in Brazil.
  3. Identify cultural and social considerations you should take into account as part of your marketing planning efforts. Explain how these factors make the marketing presented to the Brazilian audience different from what is presented to U.S. consumers.
  4. (this was all of the info I was given)

In: Operations Management

A customer is in a retail jewelry store, considering the purchase of a new diamond engagement...

A customer is in a retail jewelry store, considering the purchase of a new diamond engagement ring. what are 4 possible internal or external factors that could influence their purchase decision and/or process? focus on psychological, socio-cultural, or situational influences specifically. briefly explain each of the 4 factors you chose, with a specific example or scenario to illustrate each one.

In: Operations Management

Imagine you are trying to sell your digital marketing services to local small firms. Explain how...

  1. Imagine you are trying to sell your digital marketing services to local small firms. Explain how you would use each of the six steps in the selling process.

In: Operations Management

comment on the HR implications of the United States, Mexico, and Canada Trade Agreement.

comment on the HR implications of the United States, Mexico, and Canada Trade Agreement.

In: Operations Management

1.Which of the following describes a project managers responsibility? Select one: a. Task Delegation b. Managing...

1.Which of the following describes a project managers responsibility?

Select one:

a. Task Delegation

b. Managing communication between team members

c. Getting the project done on time.

d. All of the above

2. When people first look at a web page, their eye goes to the:

Select one:

a. Top right-hand corner

b. Bottom left-hand corner

c. Bottom right-hand corner

d. Top left-hand corner

3. A website’s call to action will work best:

Select one:

a. At the end of a row

b. At the start of a row

c. At the start of a row and at the bottom right of a page

d. At the end of a row and at the bottom right of a page

4. Which page on a website facilitates a consumers journey?

Select one:

a. The Contact page

b. The About page

c. The Services page

d. The Home page

5. A landing page should end with a(n):_________________.

Select one:

a. Headline

b. Call to action

c. Explanation of the company products

d. Call to action and the primary keyword

6. Conversion occurs when: _____________________.

Select one:

a. A business makes its competitors’ customers its own

b. The format of a website is altered so that it can be viewed on multiple devices

c. Currencies listed on a business’ website are converted to the viewer’s local currency

d. Viewers of a business’ website become its customers

7. Why is conversion important?

Select one:

a. Because the aim of all digital marketing activities is to increase sales

b. Because that’s the only way a business owner can tell if his or her site is effective

c. Because conversion demonstrates that a website template is visually appealing

d. None of the above

8. An autoplay video is another form of: .

Select one:

a. Interruption marketing

b. Permission marketing

c. Ethical marketing

d. Geurilla marketing

9. A USP

Select one:

a. Sets a company apart from all other businesses in the industry

b. Demonstrates how similar a company is to other businesses in the same industry

c. Teaches someone how to do something

d. None of the above

In: Operations Management

What technical, legal and insurance issues may arise that will need to be addressed in telemedicine...

What technical, legal and insurance issues may arise that will need to be addressed in telemedicine to fulfill any promises on its use?

In: Operations Management

Critical Thinking The global marketplace has witnessed an increased pressure from customers and competitors in manufacturing...

Critical Thinking

The global marketplace has witnessed an increased pressure from customers and competitors in manufacturing as well as service sector (Basu, 2001; George, 2002). Due to the rapidly changing global marketplace only those companies will be able to survive that will deliver products of good quality at cheaper rate and to achieve their goal companies try to improve performance by focusing on cost cutting, increasing productivity levels, quality and guaranteeing deliveries in order to satisfy customers (Raouf, 1994).

Increased global competition leads the industry to increasing efficiency by means of economies of scale and internal specialization so as to meet market conditions in terms of flexibility, delivery performance and quality (Yamashina, 1995). The changes in the present competitive business environment are characterized by profound competition on the supply side and keen indecisive in customer requirements on the demand side. These changes have left their distinctive marks on the different aspect of the manufacturing organizations (Gomes et al., 2006). With this increasing global economy, cost effective manufacturing has become a requirement to remain competitive.

To meet all the challenges organizations try to introduce different manufacturing and supply techniques. Management of organizations devotes its efforts to reduce the manufacturing costs and to improve the quality of product. To achieve this goal, different manufacturing and supply techniques have been employed. The last quarter of the 20th century witnessed the adoption of world-class, lean and integrated manufacturing strategies that have drastically changed the way manufacturing firm’s leads to improvement of manufacturing performance (Fullerton and McWatters, 2002).

  1. Assess the reasons for using lean thinking (suitable examples), what are the benefits from Suppliers to end users?

  1. Due to COVID 19 emergency do you think agile supply chain is the right concept in this kind of situation? Give reason with example.

In: Operations Management

SOS!! 16) Which of the following is a condition that must be met for the decertification...

SOS!!

16) Which of the following is a condition that must be met for the decertification of a union?

a

The union must have at least hundred members.

b

The union must have served as the official bargaining agent for the employees for at least 3 years.

c

A closed-shop agreement must have existed between the union and the employer.

d

No labor contract must currently be in force.

7)

Question 7 (2 points)

In the context of performance-appraisal methods, one of the major criticisms that had been leveled against graphic rating scales is that they were especially prone to a series of _____.

a

contrast errors

b

horns errors

c

distributional errors

d

halo errors

4)

Question 4 (2 points)

Which of the followingis an approach that attempts to emphasize for managers the fact that performance is multidimensional in nature and to teach those managers about the actual content of various performance dimensions?

a

Frame of reference training

b

The critical incident method

c

Onboarding

d

The forced-distribution method

1)

Question 1 (2 points)

One relatively new innovation in performance-appraisal methods is the use of _____.

a

the forced-distribution methods

b

career counseling

c

the graphic rating scales

d

computer monitoring

In: Operations Management

Before we hit that reboot button on our performance management programmes, let’s get absolutely clear on...

Before we hit that reboot button on our performance management programmes, let’s get absolutely clear on what performance management actually is… and why we should be doing it. As diverse as organisations are (and as diverse as their PM solutions should be)

it is helpful to anchor our thinking with a basic framework. In my experience, every high performing organisation is ultimately using its performance management programme to:

1. Develop people’s skills and capabilities

2. Reward all employees equitably

3. Drive overall organisational performance

In light of the above provide a comprehensive discussion on the objectives of performance management programmes

In: Operations Management

What is a possible real options analysis of the business Beyond Meat?

What is a possible real options analysis of the business Beyond Meat?

In: Operations Management