HBR: UPS and HP: Value Creation Through Supply Chain Partnerships
1. Total cost structures that promote relational flexibility and
the development of cross- functional process capabilities;
and,
2. Trust and risk-sharing that promotes collaboration and the
sharing of gains and losses.
In: Operations Management
You are an international manager of a virtual team for a parent organization that is based in the United States. The team members are new to each other and only recognize names because of emails. Because the team members do not know each other, you must develop a plan to build trust among the team. Your task is to determine the native country profile of each team member. Then, determine the cultural challenges and benefits this team will face
Focus on the cultural relationships. The team consists of the following members:
1. Val – a Romanian citizen living in the United Kingdom
2. Aiko – a Japanese citizen living in China
3. Ming Tsai – a Chinese citizen living in Mexico
4. Ana Maria – a Colombian citizen living in Spain
5. Yourself – an American citizen living in the United States
Use critical thinking to apply depth and breadth. Be concise and address the countries and team members and the challenges and benefits the team will face. Go beyond description. Focus on cultural relationships.
In: Operations Management
Stanley’s typists use 770 reams of paper per month, at a cost of $10 per ream. He pays a fixed cost of $28 each time he orders paper. The carrying cost (per ream per year) is 35% of the purchase price. Stanley is currently ordering paper each month, with the number of reams used per month as the order quantity. How much would Stanley save each year, if he used the EOQ?
In: Operations Management
Marketing Plan
* please write the number of the question if you answer it *
From the real international market, select a company of your choice wishing to start its activities in Saudi Arabia. The Company hired you as Marketing Manager of Saudi ArabianRegion.
You have to establish a marketing department starting from the Analysis of the market, formulate overall marketing goals, objectives, strategies, and tactics within the context of an organization's business, mission, and goals designing and planning the entire function.
Write a Marketing Plan considering the following points (2x5=10 Marks)
To introduce this section you should include the "mission statement" of the business; an idea of what its goals are for customers, clients, employees and the consumer.
Conduct an environmental analysis that looks at and comments on your local area and your network of business contacts, competitors and customers.
Identify the target market, describing how the company will meet the needs of the consumer better than the competition does.
Conduct a SWOT analysis for your chosen company based on your research.
Strengths: List the strengths of the business approach;
Weaknesses: Describe the areas of weakness in the company's operations;
Opportunities: Examine factors that may improve the business's chances of success;
Threats: List the external threats to the business' success.
Describe each of the 4Ps of your chosen company.
Product or Service
Identify the product or service by what it is, who will buy it, how much they will pay for it and how much it will cost for the company to produce it, why a consumer demand exists for your product, and where the product sits in comparison to similar products/services now available.
Place
Identify the location of the business, why it is located there (strategic, competitive, economic objectives), the expected methods of distribution, and timing objectives.
Promotion
Describe the type of promotional methods that will be used. Identify techniques such as word of mouth, personal selling, direct marketing, sales promotion etc. television, radio, social media and newspaper ads.
Price
The prices of the products or services that reflects the overall company strategy. Should be competitive as well as a reflection of the quality, costs and profit margin.
In: Operations Management
During his job interview, Zhou mentioned that he was recovering from an addiction to cocaine. The employer refused to proceed with the interview because the position being applied for was in a safety-sensitive area. Zhou filed an application with the Ontario Human Rights Tribunal.
a. What is the alleged ground of discrimination?
b. Does Zhou have a prima facae case? Be sure you identify each of the three parts of the test and identify whether Zhou meets the test and how.
c. In your opinion, did the employer contravene the Code? Explain your answer including exactly what the employer did which may have contributed to unfair discrimination.
d. Assuming the employer did not want to contravene the code, how should it have conducted the interview?
In: Operations Management
On average, 4 individuals (detainee or visitor) per hour use the public telephone in the sheriff’s detention area, and this use has a Poisson distribution. The length of a phone call varies according to a negative exponential distribution, with a mean of 5 minutes.
When an arrival can expect to wait 3 minutes or longer for the phone, a second phone is justified.
If the probability of having to wait, by either detainee or visitor, at all exceeds 0.6, an additional phone is justified. How much must the arrival rate per hour increase to justify a second phone?
In: Operations Management
Distinguish between probability and non-probability sampling, discuss their types with examples.
In: Operations Management
The importance of ethics in business can be understood by the fact that ethical businesses tend to make much more profits than the others.
Discuss from your own perspective
In: Operations Management
Corporate governance is referred to as mechanism, processes as well as relation which assist in controlling and directing the organizations. It is defined as set of systems, principles as well as procedure that makes sure that organization is governed in the best interest of stakeholders (Larcker, Richardson and Tuna, 2007).
What is the board’s role in corporate governance — and how does
that differ from management’s role?
Describe the respective roles of the Chairman and the chief
executive officer (CEO), and explain why it is important for good
corporate governance that they should be able to work well
together.
In: Operations Management
Five samples of size 4 were taken from a process. Summary statistics are shown below:
Sample Range Mean
1 1.75 10.5
2 2.42 22.3
3 2.75 17.4
4 2.04 20.1
5 2.80 18.9
What is the lower control limit for a range chart?
In: Operations Management
what defines a culture of accountability and quality excellence and also what do you recommend on how to foster this in the emergency department?
In: Operations Management
Relate the principles of the Digital Involvement Cycle to how LEGO can use the LEGO Life online community to nurture leads and increase involvement among the target prospects. Support your answers with examples.
In: Operations Management
Consider the parameters of tort law in cyberspace. What is its potential and what are its limits? How might the tort of misappropriation be applied in cases of misconduct online? What are some of the tort causes of action that might apply to defective or misleading electronic transfers of information?
In: Operations Management
Imagine you are tasked with designing a database that encompasses the Florida Tech Learning Management System (LMS) that you use on a daily basis. The following requirements hold:
What would be your initial design? Provide both a logical and physical approach. For your logical suggestion, provide an E-R model of how the system might look and then provide support that it will be efficient given the operations. For the physical design, provide an outline of strategies and infrastructure you would put into place to support the business requirements.
In: Operations Management
explain what is meant by the following quality terms in project management and give relevant examples
a) Quality Assurance
b) Quality Systems
c) Quality Control
d) Quality Plan
e) TQM
In: Operations Management