1. What is business sustainability?
2. Five ways to sustain in competitive market .Explain and give examples for each way in paragraph
2.How competitive markets affect business sustainability .(essay and give example.
In: Operations Management
In developing countries some of the working conditions are poor in comparison to the United States. Companies such as Nike go overseas to find affordable labor and supply costs. What would you do as a CEO of a company, such as Nike, to aid in improving the welfare of these countries?
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Please don't copy and paste answers from several sources. Write in your own words!
In: Operations Management
How has big data impacted entrepreneurship?
How should an entrepreneur develop their marketing plan?
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What can an entrepreneur do to prepare for “newness”?
Why did companies like Dunkin Donuts with India and Taco Bell with Saudi Arabia fail in their international expansion efforts? How can companies ensure a successful expansion into new countries/cities?
Why is it so difficult to attain a patent?
In: Operations Management
GLOBAL BUSINESS AND STRATEGY
Impact of Culture on Business – Deloitte Insights The importance
of culture is readily apparent when things go wrong. When two large
companies merged last year, for example, it became clear that one
company had a culture of “low cost” while the other had a culture
of “quality service.” Employees received mixed signals for months
until the new management team took the time to carefully diagnose
and redefine many business processes throughout the company. Given
the importance of culture and the consequences of cultural issues,
many companies are proactively defining culture and issuing culture
“manifestos.” The Netflix culture presentation, often used as an
example, has been downloaded more than 12 million times since 2009.
The presentation clearly describes a culture that combines high
expectations with an engaging employee experience: Generous
corporate perks such as unlimited vacation, flexible work
schedules, and limited supervision balance a strong focus on
results with freedom and appreciation for the expected achievement.
The financial services industry, still restoring its brand after
the 2008 financial crisis, is sharply focused on culture. One
organization is using a variety of initiatives to help employees
understand “how the bank does business,” including offering speaker
series on topics such as compensation packages, customer
satisfaction, and maintaining regulatory standards. Citigroup has
an entire committee focused on ethics and culture and has
implemented a series of web-based videos detailing real workplace
ethical dilemmas. Bank of MODULE
America is focusing its corporate culture transformation on
encouraging employees to report and escalate issues or concerns, as
well as incorporating a risk “boot camp” into their current
training. Wells Fargo is increasing its efforts to gather employee
survey feedback to understand current trends and potential areas of
weakness in its culture. A new industry of culture assessment tools
has emerged, enabling companies to diagnose their culture using a
variety of well-established models. Yet despite the prevalence of
these tools, fewer than 12 percent of companies believe they truly
understand their culture. That’s where HR can help. As businesses
try to understand and improve their culture, HR’s role is to
improve the ability to curate and shape culture actively. An
organization’s capabilities to understand and pull the levers of
culture change can be refined and strengthened. HR has a natural
role to play in both efforts. As operations become more distributed
and move to a structure of “networks of teams,” culture serves to
bind people together and helps people communicate and collaborate.
When managed well, culture can drive execution and ensure business
consistency around the world. HR has an opportunity to assume the
role of champion, monitor, and communicator of culture across, and
even outside, the organization. Once culture is clearly described,
it defines who the company hires, who gets promoted, and what
behaviours will be rewarded with compensation or promotion.
Nordstrom has formed a People Lab Science Team in an effort to
define and curate a culture that will attract top talent and enable
the retailer to compete with tech companies such as Tableau and
Microsoft. The team takes a multidisciplinary approach to designing
programs to define and reinforce Nordstrom’s culture. Starbucks
analyzed thousands of social media entries to gain an objective
view of its culture through the eyes of its employees and take
specific actions to reinforce its cultural strengths and address
cultural weaknesses. Securitas Belgium has defined the behaviors
associated with its vision for culture, performed an analysis of
its current state, and developed a detailed, measurable change plan
for 150 of its managers. Software giant SAS was recently rated the
best place to work by the Great Place to Work Institute. It is also
highly successful, with 37 consecutive years of record earnings (it
earned $2.8 billion in 2012). SAS has identified trust as a
critical cultural attribute and regularly surveys its employees on
elements of trust: communication, respect, transparency, and being
treated as a human being. Once an organization develops a clear
understanding of its culture and decides on a direction for
cultural change, it is critical to move rapidly from analysis to
action. Moving from talking to doing is the only way to build
momentum.
Question 1) How do you see the cultural transformation for companies in South Africa? Comment.
Question 2) Discuss the role of Religion and Education in modern business transformation with appropriate examples.
In: Operations Management
Explain the following external factors that need to take into consideration due the arrival of 4IR:
a) International job and labor market
b) Internet and digital bandwidth
c) Social network and literacy
d) Gender and interest levels
e) Other factors such as natural calamities, political unrest and hot spots
In: Operations Management
1. How can an imitation strategy be effectively implemented? Give an example.
2. What are the pros and cons of running a franchise?
3. Describe the skills and personality traits of a successful entrepreneur.
In: Operations Management
What Are the Four Elements of Supply Chain Management?
In: Operations Management
QDM Question 2 There are 6 cities in Kilroy County. The county must determine where to build central fire stations. The county wants to build the minimum number of central fire stations needed to ensure that at least two fire stations are within 20 minutes (driving time) of each city. The times (in minutes) required to drive between the cities in Kilroy County are given in the table. Formulate a model that will tell Kilroy how many fire stations should be built and where they should be located.
From |
To |
|||||
City 1 |
City 2 |
City 3 |
City 4 |
City 5 |
City 6 |
|
City 1 |
0 |
10 |
20 |
30 |
30 |
20 |
City 2 |
10 |
0 |
25 |
35 |
20 |
10 |
City 3 |
20 |
25 |
0 |
15 |
30 |
20 |
City 4 |
30 |
35 |
15 |
0 |
15 |
25 |
City 5 |
30 |
20 |
30 |
15 |
0 |
14 |
City 6 |
20 |
10 |
20 |
25 |
14 |
0 |
Decision variables (1 mark):
Objective function (1 mark):
Constraints :
Additional constraint : Either City 1 or City 2 (or both) must be selected to build a fire station in if both City 3 and City 4 are selected to build fire stations in.
In: Operations Management
1) What is the importance of positive messaging? How can you convey positive messages about yourself in your professional communications? In your Final Portfolio? Share a tactic you can use to improve your positive messaging or tone?
In: Operations Management
Given the data set below, calculate the standard deviation
standard deviation using the defining formula
standard deviation using the computing formula
8,41,24,19,15,12,47,12,33
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Think of all the examples of forecasting that is experience on a regular basis; such as the weatherman on TV each night. Now, considering the technology we have at our disposal today, why can't we get a "Perfect" forecast?
In: Operations Management
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*NOTE: I don't really know what subject this would be considered. It's from my business law class.
Outsourcing specialized operational tasks has become a common practice. When outsourcing involves the transfer of personal information, issues of security and privacy are raised. Customers may consent to the collection of personal data without realizing that their information could be shared with another company located halfway around the world and subject to different disclosure and protection rules. In recognition of international privacy concerns, the Organization for Economic Co-operation and Development (OECD) created guidelines to enhance privacy protection during trans-border data exchanges. Guideline 10 suggests that personal data should not be used or disclosed without the consent of the owner or authority of law.
Canadian outsourcing to the United States has become even more controversial since the enactment of the USA PATRIOT Act.15 This legislation allows US law-enforcement officials to obtain personal records or information from any source in the country without the data owner knowing. As a result, there have been several Canadian challenges of personal data outsourcing to the United States. In B.C.G.E.U. v. British Columbia (Minister of Health), union members argued that the Ministry of Health was violating patients’ rights to privacy under section 7 of the Charter by outsourcing physician billing data that contained personal patient information to a private U.S. company.16 The BC Supreme Court disagreed, holding that as long as the contractual arrangement authorized under the Canada Health Act ensured that a reasonable expectation of privacy was protected, the practice was acceptable. Since then BC., Nova Scotia, and Alberta passed legislation that restricts public (not private) sector trans-border outsourcing.17
The Privacy Commissioner rejected a similar complaint against the Canadian Imperial Bank of Commerce. The bank outsourced the processing of credit card transactions to an American company. The specific confidentiality and security contained in the outsourcing agreement were approved by the Office of the Superintendent of Financial Institutions, and this satisfied the Commissioner. Both decisions turned on the specific terms of the outsourcing agreement and prior regulatory approval of the terms.
When considering sending sensitive information across the border and outsourcing to American firms, businesses should:
• Undertake a security analysis of the American company prior to contracting;
• Inform the affected customer data owner;
• Include specific confidentiality, security, and reporting provisions in the outsourcing agreement;
• Seek regulatory approval of the agreement, if available; and
• Regularly audit the privacy practices of the outsourcing company.
Increased privacy concerns can be anticipated as the transnational public cloud computing industry replaces user owned software, desks, and laptops as the primary custodians of personal information. “By 2017, enterprise spending on cloud computing will amount to a projected $235.1 billion, triple the $78.2 billion spent in 2011. ….(in 2014) global business spending for infrastructure and services related to
the cloud will reach an estimated $174.2 billion, up 20 percent from the amount spent in 2013.”
Question (1): Are there certain types of information that should remain within Canadian borders? If Canadian data is at greater risk of disclosure when transferred to the United States, why not ban all public and private outsourcing to the United States? Discuss.
Question (2): How can personal information be protected when stored on a transnational cloud server?
In: Operations Management