Gig Economy (HRM Question )
Introduce the precarious work labour and gig economy.
Critically discuss the pros and cons of gig work for organisations, workers, and the wider society
Does generations have an impact on the rise of this new work concept?
What is the meaning of 'work' if gig is the future? What is the impact of technological advancements? • How does this impact the developing economies? And wider society?
And overall conclusion
In: Operations Management
Recruitment Process
1)Draw flow/process charts.
2)Current performance of the process (Include either on the chart or separately in a table, durations of the activities and of the process, resources, cost, number of interactions with customers, rejection rate, bottlenecks, flows on a layout, etc.)
3)Suggest 3 or more ways to improve performance of the process
In: Operations Management
Sales of? Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years? (see table below).??????????????????????????????????????????????????
Year |
Sales |
1 |
455 |
2 |
502 |
3 |
516 |
4 |
555 |
5 |
590 |
?a) Forecasted sales for year 6 using the trend projection? (linear regression) method are 620.5 sales ?(round your response to one decimal? place).
b) What is the MAD?
The MAD for a linear regression forecast is ______ sales ?(round your response to one decimal? place).
c) What is the? MSE?
The MSE for the linear regression forecast is _______sales ?(round your response to one decimal? place).
In: Operations Management
A computer manufacturer has operating failures (problems) of one type laptop continuously. The quality engineer forms a team and starts a project to eliminate the failures. The team obtains the data given in Table 4E.2. Use the necessary quality tool(s) to help the team in preparing project report that will state the starting point(s) to eliminate the failures. (20 p). (You may use empty columns)
TABLE 4E.2 Laptop Failure
Data Component name Number of components Cost per component (Monetary Unit)
Screen 95 5 mu/part
Keypad 43 8 mu/part
Processor 15 12 mu/part
Printer driver 10 3 mu/part
DVD driver 9 10 mu/part
Hard Disk 6 12 mu/part
USB socket 5 10 mu/part
In: Operations Management
13.26 County Hospital orders syringes from a hospital supply firm. The hospital expects to use 40,000 per year. The cost to order and have the syringes delivered is $800. The annual carrying cost is $1.90 per syringe because of security and theft. The hospital supply firm offers the following quantity discount pricing schedule.
QUANTITY | PRICE |
????0–9,999 | $3.40 |
10,000–19,999 | ?3.20 |
20,000–29,999 | ?3.00 |
30,000–39,999 | ?2.80 |
40,000–49,999 | ?2.60 |
50,000+ |
?2.40 |
1. What is the order quantity and total cost at each price point.
2. How would you advise the hospital?
3. Would your recommendation change if yearly demand went up to 45,000?
4. What is the reorder point for both demand levels if it takes 4 days for supplies to arrive.
5. Realistically demand for syringes is variable, and the daily demand is normally distributed at 105 a day with a standard deviation of 10. The lead time for restocking is still 4 days. If the hospital wants a service level of 99%, what is the reorder point? How much safety stock does this include?
In: Operations Management
As an intern at a midsized company, you have been asked to submit ideas for improving remote working and managing productivity amid coronavirus outbreak. You will be attending a meeting with your supervisor in order to discuss your ideas and their implementation.
Your task: Prepare an email outlining five to ten suggestions for improving and managing productivity and remote working practice. Address your email to your direct supervisor, Ms. Yunnie Isab, at [email protected], who requested the ideas prior to the meeting.
In: Operations Management
What do you see as the biggest challenges in conducting a brand audit? What steps would you take to overcome them? How do you measure rate of sale? How might you measure the effectiveness of your advertising message? How does your organization determine who is buying its products? How does a vendor either support or subvert your product's performance?
In: Operations Management
Sustainable leadership:management control systems and organization culture in Novo Nordisk (analys)
In: Operations Management
Following the fortunes of Tilray Inc and with knowledge of Aurora's demise, how would you advise a Jamaican Cannabis company intent on pursuing a global strategy?
In: Operations Management
Describe THREE (3) categories of e-commerce revenue models with ONE (1) real-life example for each model. Below are the guidelines of answer. DO NOT use guidelines below as the answer of question. If you not understand question, DO NOT answer, please comment below. Use your own answer and give your own experience example.
Answer:
First let me list the three :
1. Affiliate marketing <<explain this and give one real life
example.
2. Online advertising<<explain this and give one real life
example.
3. Transaction fees<<explain this and give one real life
example.
Explanation:
1. Affiliate marketing enables you to earn revenue by marketing or
offering another product for sale on your site. For example, you
may reference a book you read and recommend your customers get a
copy for themselves. You could also set up an affiliate account and
place a direct link to the book on the Amazon site, which will pay
you a percentage of the sale. If you decide to participate in
affiliate marketing, you\'ll need to research which companies might
provide you with a financial incentive for promoting their sites on
your page.
When you\'re just starting out, the money you earn from affiliate
marketing may be just a small, supplemental amount. However, as
traffic to your site increases, you may enjoy more substantial
income.
2. Online advertising is a very popular revenue model for
e-commerce businesses. In this method, companies or organizations
buy advertising space on your site, provide a designed ad or
written message, and then pay you for promoting their messages.
Media sites, such as magazines, newspapers, and television channels
typically use online advertising.
Two common types of online advertising include pay-per-click and
pay-per-view, which determine how much advertisers will pay for
their advertisements. While some sites charge a set fee for placing
an ad, most pay a set fee for each person who clicks on a link or
views a page related to the advertiser. As traffic to your site
grows and more people click on an advertiser\'s link or view a
related page, you\'ll earn more advertising revenue.
3. Transaction fees are the charges a company pays for using their
service. If you\'ve ever sold anything on eBay, you know there\'s a
set price for posting a product for sale. Each time a transaction
happens, you pay a small fee to eBay for marketing your product.
Whether you charge a small fee for a company to list a transaction
or for someone to view a video, transaction fees can be a sizable
if the traffic to the website is substantial.
Examples of the firms that use these revenue models are:
1. TDC and Orange are using Affiliate marketing .
2. Coco Cola , AMEX , Mint are using Online advertising .
3. Google (e.g. AdWords and AdSense),Facebook,New York Times
(Marketing) are using Transaction fees.
In: Operations Management
All else being equal, would you prefer to work in a tall or flat organization? Why? Which one do you think is best: a narrow span of control, or a wide span of control? How does the concept of span of control relate to tall/flat organizations? Justify your reasoning.
In: Operations Management
What are the strengths and weaknesses of a public-private partnership (P3) in relation to infrastructure development?
In: Operations Management
The firm Johnson-Evinrude Inc (or JE, to keep it short) has been in existence for more than two decades. However it is confronted by a changing technological and market environment.
While it is well known for the manufacture and sale of two stroke boat motors that have enjoyed a positive reputation, it is now facing increasing competition from four stroke boat motors. In terms of market growth the highest growth rates are being experienced for four stroke-high horse power motors; Johnson is testing motors of this type but their products seem to have multiple defects. The same type of motors of Japanese brands are flawless. It is true that in traditional two-stroke high horse power motors Johnson has a high market share –almost 65%, but this type of motor has almost no growth in the industry as a whole.
In the low horse power, 2 stroke market Johnsons share is minor and in the industry it is low horse power four stroke motors that have a rapidly growing market. JE do not have any of their own products in this category. Many Chinese manufacturers make these as generic unbranded products and the Chinese products are of low cost and good quality
JE has also been marketing trolling electric motors. The JE design is very well regarded in industry and with fishing gaining popularity as a sport trolling motors is a growth area. However, Johnson’s share is not as high as it could be because of inexpensive Chinese substitutes. While the Chinese products take advantage of lower manufacturing costs they lack the design sophistication of JE products.
Questions: Discuss the above from the perspective of :
1. Product portfolio management (the BCG or Growth Share Matrix approach)-for this classify the different types of motors in terms of the BCG Matrix – Rate of Growth of the Industry and Market Share of the Firm; Cash Cows, Dogs, Stars, Question Marks; make sure that you do this for every type and category of motor.
2. Try to analyze the portfolio/different motor categories in terms of the diversification or product –market matrix
3. Make suggestions for the overall marketing strategy for JE. You may like to ‘classify’ products (whether current or planned) and then develop your approach for them.
4. Discuss the possible problems that the company may face when it decides to divest from certain categories.
In: Operations Management
In: Operations Management
Please design a service concept.
By doing this ;
- profile processing - Drawing operations and processes - Variety versus volume segmantation -Emotions etc. are the frameworks that can be used.
Combination of the above frameworks and/or the model that you find relevant
In: Operations Management