Questions
In examining the FEMA business continuity resources and case studies, identify and discuss two "best practices"...

In examining the FEMA business continuity resources and case studies, identify and discuss two "best practices" or strategies for businesses to include in their business continuity plan. Explain why you chose the two strategies and how they fit into the business continuity planning cycle.

In: Operations Management

Is Boeing working internationally to access new markets? To gain low-cost input factors? To develop new...

  1. Is Boeing working internationally to access new markets?
  2. To gain low-cost input factors?
  3. To develop new competencies?
  4. Is its approach in all three areas appropriate?

In: Operations Management

Write a financial analysis (include financial highlights and ratio analysis) for XiaoMi Corporation which are based...

Write a financial analysis (include financial highlights and ratio analysis) for XiaoMi Corporation which are based on it's Year 2019 Annual Report( You can google the Xiaomi annual report 2019)

(At least 500 words with your own words)

In: Operations Management

Case 2 – Business Relationship Scenario Background: One party’s work organization, based in Washington, D.C., has...

Case 2 – Business Relationship Scenario

Background:

One party’s work organization, based in Washington, D.C., has recently begun a project in Wichita, Kansas. The project will require fifteen to twenty employees to travel to Kansas and spend, on average,

three weeks in residence there. It is expected that the project will span a period of nine months to completion. This first party has located an apartment complex nearby the location where the project work will be done. The apartment complex has traditionally required minimum lease terms of one year but does have a few vacancies. The organization desires to have its people in this apartment complex rather than in hotels.

Case Questions:

Question 1: How would you identify and rank the interests and goals of each party?

Question 2: What common ground can you find between the parties?

Question 3: What strategy would you use as the organization’s representative? What strategy would you use as the apartment complex representative?

In: Operations Management

Explain the concept of ethical visuals. What guidelines should a market researcher consider when preparing ethical...

Explain the concept of ethical visuals. What guidelines should a market researcher consider when preparing ethical visuals? What are the consequences of not considering ethical visuals?

In: Operations Management

Case 3 – The Approach of Negotiation Background: American Dream Holdings, Ltd. (ADHL), is the 100...

Case 3 – The Approach of Negotiation

Background:

American Dream Holdings, Ltd. (ADHL), is the 100 percent owner of eighty-eight subsidiary corporations, some of which operate in virtually every state of the United States and many of which operate in a limited number of states. One of the subsidiary corporations, EFC Corp., is the general partner of two thousand limited partnerships with operations scattered around the world. EFC Corp. is the flagship and largest of ADHL’s subsidiary companies.

ADHL also has 20 to 50 percent ownership interests in other business operations. ADHL is owned by two individuals: one, Mr. Major, with 80 percent, and the other, Mr. Minor, with 20 percent. The individual owners operate additional businesses not under the ADHL umbrella. Such additional businesses are considered affiliates. ADHL provides legal, financial, and administrative services including payroll and human resource management to all of its subsidiaries as well as to many affiliates. ADHL collects a

monthly fee for such services. The fee is based on estimated needs for the services and is due regardless of the number of hours actually spent on a particular company’s matters. ADHL does not assess or collect supplemental fees for work done in excess of the estimate.

The group of eighty-eight subsidiaries and ADHL employ two thousand individual employees. All employees participate in the year-end bonus plan that is based upon group net profit attainment. The organizational structure including departmental organization is dictated by ADHL executives. The chief operating officer of ADHL, Ms. Iwon, was initially selected and hired by the 80 percent owner to be EFC Corp.’s senior vice president. EFC Corp.’s chief operating officer, Mr. Toolate, was selected and hired by the 20 percent owner approximately two months after Ms. Iwon was hired.

Approximately one year after Mr. Toolate was hired, Ms. Iwon orchestrated a reorganization that included her being promoted to the parent holding company position. EFC Corp. is perpetually three months behind in paying fees to ADHL. EFC Corp. is recalcitrant in distributing financial reports to ADHL.

Case Questions:

Question 1: Using a systems approach, identify the system or systems and their subsystems as well as the various relationships and interdependencies you see. You may utilize a drawing such as a sociogram if you like.

Question 2: Using a systems approach, identify the various conflicts in the case including describing how each is a conflict. Be sure to note how each conflict you identify meets the definition of a conflict.

Question 3: Continue your diagnosis and assessment by analyzing the function served by or the effect of each conflict in the case; assessing whether the system structure is competitive, avoidant, or collaborative; and determining your strategy and/or strategies.

In: Operations Management

Give an example of a time when an organization had good strategy formulation but poor implementation...

Give an example of a time when an organization had good strategy formulation but poor implementation and this resulted in failure.

In: Operations Management

You work for XYZ as HR Manager. The company differentiates itself from its competitors by selling...

You work for XYZ as HR Manager. The company differentiates itself from its competitors by selling unique products and capturing segments of the environmental product-line market. XYZ needs your HR help to expand its substitute for plastic product lines by establishing a new division. The division will produce an exciting new line of products that are reusable and compostable (e.g. cellulose bags to replace plastic bags and hemp containers to replace clear plastic containers that berries and tomatoes etc. are sold in) and are accepted by municipalities for the compost stream (unlike most “compostable” bags and containers on the market today that are not accepted by municipalities as compostables as they take too long to compost and instead go into the waste stream).

XYZ has calculated that the new division will need to hire and determine compensation for 1000 new employees this year, 2,000 next year and 1,000 in year three. The hires will have a wide range of jobs since the company is decentralized and this division will operate independent of head office which is in the U.S. There are no other XYZ divisions in Canada. This means the division should be designed like its own company. The new division will be in Ottawa. The jobs in the division include but are not limited to: Production line workers, sales staff, marketing staff, HR, chemists and R&D, IT workers, finance staff, accounting staff, customer service and managers for all the departments: production, sales, marketing, R&D, customer service, finance, HR and accounting.

Question(s): a. Explain how (steps with explanation) you would recommend XYZ recruit and select employees for the next three years? The new hires will be 20 per cent managers and 80 per cent non-managers.

b. Explain in detail how (steps with explanation) you would determine compensation.

c. How does your compensation plan retain and motivate XYZ employees?

d. Should XYZ have a policy of pay secrecy or not? Explain.

In: Operations Management

Assume that the management team has hired you to advise them on their overall risk profile...

Assume that the management team has hired you to advise them on their overall risk profile and has asked you to prepare a SWOT analysis for their review and as input to the upcoming strategic planning session. What would you put into your analysis? Additionally, how does your analysis affect the risk management strategies that Kilgore might choose to utilize? Please Provide an initial posting of at least 300 words

In: Operations Management

Case 2 – The Skill of Negotiation Background: Assume that you own and operate a business....

Case 2 – The Skill of Negotiation

Background:

Assume that you own and operate a business. Your production this year was based on prior years’ experience. You have been left, however, with 100,000 unsold units on hand. You have been selling your

product at $5 each and expected the same price for these 100,000 units. You have exhausted all avenues you can think of for disposing of your excess product. You do not have the storage capacity for keeping these units in inventory while you continue production.

This morning a giant retail organization contacted you urgently seeking the type of product you produce to fill deficits in their supply. They offer to pay you $3 per unit.

Case Questions:

Question 1: How would you assess whether or not you should negotiate? Identify the factors you would consider and the overall rule you would apply.

Question 2: What factors can you readily identify that will affect your negotiation options and outcomes?

Question 3: What unconscious factors might also affect your negotiation performance?

In: Operations Management

Case 3 – The Styles of Negotiation Background: Ventura Capital is a financier who specializes in...

Case 3 – The Styles of Negotiation

Background:

Ventura Capital is a financier who specializes in capitalizing startup companies. Andy Preneur is a would-be entrepreneur. He needs capital to start his new business. Andy and Ventura have been negotiating

a potential agreement over the last few months. It seems there is only one item unresolved. Ventura wants her investment to remain in the company and earn a preferred dividend of 5 percent, even if Andy no longer needs the money. Andy wants the right to buy out Ventura’s interest at any time as long as the 5 percent return is paid. Role-play this case with another person. When you finish, address the following questions.

Case Questions:

Question 1: Which of the four key temperaments was most clearly displayed by the other person? Identify specific comments and behaviors to support your assessment.

Question 2: Which of the four key temperaments do you think your comments and behaviors most clearly displayed?

Question 3: Do you agree with each other’s self and other assessments? If not, why do you think you see the behaviors differently?

In: Operations Management

what are the goals and objectives of Xiaomi Corporation from 2020 to 2025. (Use your own...

what are the goals and objectives of Xiaomi Corporation from 2020 to 2025.

(Use your own words at least 500 words)

In: Operations Management

Provide an overview—and discuss the function—of 1 publicly financed health care program in the United States....

  • Provide an overview—and discuss the function—of 1 publicly financed health care program in the United States.
  • How has that program evolved and influenced the entire U.S. health care system?
  • What are some of the accomplishments and challenges for that program?
  • What does that program do to focus on health prevention and performance?

In: Operations Management

The distinctions and legal issues involved in four main types of intellectual property---patents, trade secrets, copyrights,...

The distinctions and legal issues involved in four main types of intellectual property---patents, trade secrets, copyrights, and trademarks. a. You are an aspiring singer/songwriter and while surfing the internet, you come across the sheet music for a song you think will display your talents well. You don't see any notice of copyright on the webpage or the sheet music. You notice the songwriter's name and after doing some internet research determine that he has been dead for 22 years. You decide to record a video of you singing the song, and you post it to a You Tube-like internet site. A few weeks later, you receive an email from an attorney informing you that you are in violation of copyright law, and if you do not immediately take down the video, the songwriter's estate will pursue legal remedies. What do you think? Did you do anything wrong? Are you in violation of copyright law? Explain

b. Now suppose you own a warehouse in an industrial district. This year you've installed the latest sprinkler and other fire remediation measures. You're proud of the prevention steps you've taken, especially when you look at the neighbor warehouse where the owner has installed the bare minimum to comply with fire department regulations. You decide to call your insurance agent and ask if you can take out fire insurance on the neighboring warehouse. Your insurance agent is sympathetic to having a neighbor who doesn't seem to care as much as you about fire safety, but he tells you he can't sell you such insurance, and he doesn't think any ethical agent will. Why not? What principle of insurance law is involved?

(c) You are the owner of a restaurant and have a special recipe for a marinade that you use for rotisserie chicken. Your rotisserie chicken is a big hit, especially in the take-out market, and comprises some 60% of your business. You decide that you need some kind of intellectual property protection for your marinade recipe. Would you recommend a patent, trademark, copyright, or a trade secret? Explain your reasoning, and the steps you might take to protect your marinade recipe from competitors.

In: Operations Management

Yogurt Yak (YY) was founded in the basement of Mary Seldon’s home in Ottawa in 2018....

Yogurt Yak (YY) was founded in the basement of Mary Seldon’s home in Ottawa in 2018. Mary was between jobs trying to keep costs down when she created the first batch of Yogurt that became the winning formula for YY. Albert Water, a friend of Mary, dropped by to help Mary move to an apartment and was treated to a taste of the yogurt. The product was an instant success leading to a highly profitable business. The success of YYs yogurts was due to the natural ingredients used in production. Many other manufactures included gelatin, colouring and chemical additives that customers did not want in their food. The yogurt also had an amazing taste that was recognized in multiple food awards. The company was small and hired all local employees. By January 2020 YY had 150 employees. Mary and Albert started thinking about expanding the product line to include three cheeses and a cheese bread. The cheeses and bread had already been market tested and won awards in Europe in food contests.

You have been hired to build the HR department. When you met with the Mary and Albert you were told the following:

 We hired quickly and paid employees the going rate at the time for similar jobs in similar nearby companies.

o For all 140 food employees working on the production line and shipping the pay is minimum wage $14.00/hour. Approximately $26,000/year to $30,000/year depending on number of days and hours worked.

o Eight employees are in management all receiving the same pay of $60,000/year

o We pay ourselves (Mary and Albert) $80,000 each plus we own 100 per cent of the company shares. Our aim to put as much of the company profits back into the company growth.

 We have dental, vision and pharmaceutical benefits where the employee is covered for 80 per cent of their costs with dollar limits for each on the maximum coverage.

 Vacation time is the amount legislated by the Ontario government – no more.

 There have been no pay increases and no performance evaluations since the company was started because the growth has been fast. Nothing is written down. When there is an issue Albert or Mary talk to the employee and that has worked.

 There is no official HR department – up to now Albert did everything and he admitted that he could have done more but he did not have the time.

 You ask to see the HR employee files and were told the only information they have is in one file that has each employee’s pay information and nothing else.

 There is an issue with employee absenteeism and turnover – this Mary believes is impacting the company financially and in terms of quality and growth opportunities. Some employees are leaving going to other local companies. Mary and Albert don’t know why but they are guessing it has something to do with how they are dealing with HR and this has spurred them to hire you.

 There are some health and safety measures in place.

 Both Mary and Albert are reluctant to outsource the HR designing and management so instead they hired you. They understand some HR activities maybe better outsourced but you will have to limit and make a case to them for any outsourcing. 4 The reason they don’t want to outsource is they believe HR is critical to the success and growth of the company so they want a say in how HR is designed and managed. By outsourcing they feel they would have less input.

-There is no union yet.

Question: Explain how you would integrate HR ideas as covered in class/the course into the organization. Step by step how would you do it (i.e. outline the steps with explanation) and what would you do and why. There will be three HR employees, that you will need to hire, as well as you as the Director of HR. With justification you can change or establish any organizational HR elements (e.g. compensation, benefits, hiring, selection, performance manage etc.). The goal is to make HR complement and support the growth and success of the company going forward and to fit the company’s strategic plan. Recognize that currently YY has next to no HR elements/policies/procedures in place other than the hiring and paying of employees. Even how the hiring was done is unclear since the person who did most of the hiring has left YY.

In: Operations Management