What is the first step in conducting marketing research?
a. Gather information from primary sources
b. Defining the purpose
c. Gathering the participants
d. Creating a survey
e. Sole proprietorship
What does the term “sweat equity” refer to?
a. The amount of time and labor an entrepreneur has completed for the business.
b. An entrepreneur’s personal funds invested into the business
c. The amount of money your investor has put into the business
d. Friends and family funding
If an entrepreneur has an internal locus of control, this means that he/she:
a. Has a high need for achievement
b. Feels comfortable in an unstructured situation
c. Believes that success or failure depends on his/her own actions.
d. Believes fate is a powerful force.
In: Operations Management
Please consider the H1B visa question impliedly posed in this article. Recognizing that the human capital or resource pillar of your supply chain/cycle will impact all other pillars, please address one of the following questions.
Is the H1B visa a threat to domestic workers’ ability to find and keep employment, and does it impact business sustainability?
Does the H1B visa serve a purpose in the modern world of international markets of workers and purchasers?
In: Operations Management
There's been much public discussion in he past year or so about whether Amazon, Google, and Facebook are monopolies. What is the purpose of antitrust laws? How do current antitrust laws apply to these organizations? (Choose at least one and discuss).
It's the nature of technology to outpace the law. Do you think the current system of antitrust regulation is sufficient to accomplish the intended purpose with regard to these companies? What do you see as the risks and benefits of maintaining the status quo in this area?
What if any changes do you think would be appropriate, and why?
In: Operations Management
write minutes of a meeting using Microsoft Word
Name of the organization Date and time the meeting Those present and those who could not attend A list of the agenda items/topics Summary of discussion for each agenda item The actions people committed to Summary of any decisions made
In: Operations Management
Discuss various Global HRMS options. Talk about the key considerations in purchasing and maintaining a global HRMS database.
What specific concerns/unique challenges ould you have with the countries in the region that you selected? Be sure to include currency, pay periods / special pays, data privacy issues, etc.
In: Operations Management
In: Operations Management
u have been tasked to develop a layout for a warehouse/distribution centre for a
small company that is growing and requires better control of the inventory so that they
can excel in customer fulfillment and satisfaction.
Without worrying about the actual location of the facility or the number of products, what
tools or information would you use/examine to develop a plan to assist the company in
achieving its goal of excellent customer fulfillment and service?
Explain you choices
In: Operations Management
Comparing Stock Statistics – Utilization Analysis
Using this table, compare the stock statistics – the ratio of employees in a given job relative to the percentage of (qualified) people in the potential applicant pool (usually limited geographically), which helps determine if any demographic group is underutilized. Note, there is no legal requirement for the stock statistics (incumbency/availability) to be equal, but it can be used as a way to evaluate if the staffing function should be evaluated further.
Job Group |
Female Incumbency % |
(Qualified) Female Availability % |
Based on the stock statistics, is underutilization occurring? Would you set a goal to increase (or decrease) the utilization of men or women in each occupation group? |
If Yes, what would you set as a goal? |
|
1 |
3.00 |
47.6 |
Yes (the staffing ratio is (3.0/47.6) = 6.3%, well below the 80% threshold). Although this isn’t illegal, if you were sued, this would likely be used as evidence that women are somehow disadvantaged in the recruitment process for this position. |
Goal could be set between (38.0% to 59.5%) |
|
2 |
40.5 |
43.8 |
|
||
3 |
20.0 |
34.5 |
58% |
||
4 |
83.3 |
65.0 |
128% |
||
5 |
85.2 |
78.5 |
109% |
||
6 |
22.5 |
38.5 |
58% |
Fill in the rest of the table on your own.
which includes a similar table to see additional examples.
Based on the information available (just this table), is there any evidence that disparate treatment is occurring? Why or why not?
In cases where underutilization is found, what criteria did you use to set a staffing goal?
Where would you suggest looking for data about the availability of people within a certain demographic or industry?
What other information would you want to have to help develop an AAP to help meet your goals?
In: Operations Management
Charter Financial Bank operates three branches in a southeastern city. Ray Copper, Vice-President of Information Technology at the bank, has recently been charged by the bank’s
president to develop a Website to promote bank services, to provide access to customer account information, and to allow individuals to apply online for loans and credit cards. Ray decided to
assign this project to Rachel Smith, one of two directors in the information technology group. Since Charter Financial did not currently have a presence on the Web, Ray and Rachel agreed
that an appropriate starting point for the project would be for the project team to benchmark existing Websites in order to gain a better understanding of the state-of- the-art in this area. At the
conclusion of their first meeting, Ray asked Rachel to prepare a rough estimate of how long this project would take and how much it would cost if it were pursued at a normal pace. Noting that
the president appeared particularly anxious to launch the Website, Ray also requested that Rachel prepare a time and budget estimate related to launching the Website as quickly as possible.
During the first project team meeting, the team identified seven major tasks associated with the project. The first task was to benchmark existing Websites. The team estimated that
completing this task at normal pace would likely require 10 days at a cost of $15,000. However, the team estimated that this task could be completed in as few as seven days at a
cost of $18,750 if the maximum allowable amount of overtime was used. Once the benchmark study was completed, a project plan and project definition document
would need to be prepared for top management approval. The team estimated that this task could be completed in five days at a cost of $3,750 working at a normal pace or in three days
at a cost of $4,500.
When the project received the approval of top management, the Website design could begin. The team estimated that Website design would require 15 days at a cost of $45,000 using no
overtime or 10 days at a cost of $58,500 using all allowable overtime.
After the Website design was complete, three tasks could be carried out simultaneously:
(1) developing the Website’s database,
(2) developing and coding the actual Web pages, and
(3) developing and coding the Website’s forms.
The team estimated that database development would require 10 days and cost $9,000 using
no overtime, but could be completed in seven days at a cost of $11,250 using overtime.
Likewise, the team estimated that developing and coding the Web pages would require 10 days and cost $15,000 using no overtime or could be reduced by two days at a total cost of
$19,500. Developing the forms was to be subcontracted out and would take seven days at a cost of $8,400. The organization that was to be used to create the forms does not provide an
option for paying more for rush jobs. Finally, once the database was developed, the Web pages coded, and the forms created, the entire Website would need to be tested and debugged. The
team estimated that this would require three days at a cost of $4,500. Using overtime, the team estimated that the testing and debugging task could be reduced by a day at a total cost of $6,750.
QUESTIONS
1. What is the cost of completing this project if no overtime is used? How long will it take
to complete the project?
2. What is the shortest amount of time in which the project can be completed? What is
the cost of completing the project in the shortest amount of time?
3. Suppose that the benchmarking study actually required 13 days as opposed to the 10
days originally estimated. What actions would you take to keep the project on a
normal schedule?
4. Suppose the President wanted the Website launched in 35 days. What actions would
you take to meet this deadline? How much extra would it cost to complete the project
in 35 days?
In: Operations Management
If the annual demand for a specific product is 14,000, the annual holding costs is 0.50 per unit, and the ordering cost per order is is 50, what is the Economic Order Quantity? Round to the nearest whole number (e.g. 234.3845 would be "234").
BONUS: In addition to answering below (for IW credit) on a sheet of graph paper NEATLY graph Ordering Costs, Carrying Costs, and Total Costs for the following problem. Turn in your hand-written graph at the beginning of the first class period of week 14 for a 25% bonus on the week 14 quiz. HINTS: 1) each of your curves should go well above the EOQ; 2) start your axis labels by putting the EOQ in the middle of the x-axis to make your graph fit best. Carrying Costs are linear, so it only takes two points to make that line; OC and TC lines are non-linear, so you'll need to plot several points for each and then draw a "smoothed" line neatly by hand. Show values on the axes that match the problem above.
Your Answer:
In: Operations Management
Please write your thoughts on an effective Human Resource structure and HR considerations in a global organization.
Provide reaction and share personal experiences and opinions on the topics.
PLease write more than 500 words and references.
?
In: Operations Management
What countries surprise you that there are no publicly available cybersecurity strategies??
In: Operations Management
One source for new salespeople is recruiting from competitors. Identify and explain pros and cons of this hiring practice.
In: Operations Management
Managing quality and human resource and job design. Specifically explain Problem 1.2
1.1: What are the 4 costs of quality, explain each using examples?
1.2: What is the quality of work-life and propose a sustainable program to support the same?
In: Operations Management
In: Operations Management