1. Explain the idea of a turnkey project. Why should a firm use this arrangement to expand internationally? In what industries are turnkey arrangements most common?
2. Why should a firm be cautious about entering a licensing agreement?
3. Compare and contrast licensing agreements and franchising agreements.
4 What is a joint venture? What type of joint venture is most common? Provide an example of a joint venture.
In: Operations Management
Problem 9-19 (Algorithmic)
The product development group at Landon Corporation has been working on a new computer software product that has the potential to capture a large market share. Through outside sources, Landon's management learned that a competitor is working to introduce a similar product. As a result, Landon's top management increased its pressure on the product development group. The group's leader turned to PERT/CPM as an aid to scheduling the activities remaining before the new product can be brought to the market. The project network is as follows:
The activity time estimates (in weeks) are as follows:
Activity | Optimistic | Most Probable | Pessimistic | |||||||
A | 2.0 | 4.0 | 6.0 | |||||||
B | 4.0 | 4.5 | 8.0 | |||||||
C | 3.0 | 5.0 | 7.0 | |||||||
D | 1.0 | 3.0 | 5.0 | |||||||
E | 6.0 | 11.0 | 16.0 | |||||||
F | 6.5 | 8.5 | 13.5 | |||||||
G | 3.5 | 6.0 | 8.5 | |||||||
H | 4.0 | 6.0 | 14.0 | |||||||
I | 1.0 | 2.5 | 7.0 | |||||||
J | 4.0 | 5.0 | 6.0 |
Activity | Expected Time | Variance | ||
A | ||||
B | ||||
C | ||||
D | ||||
E | ||||
F | ||||
G | ||||
H | ||||
I | ||||
J |
Earliest | Latest | Earliest | Latest | Critical | ||||||||
Activity | Start | Start | Finish | Finish | Slack | Activity | ||||||
A | No | |||||||||||
B | Yes | |||||||||||
C | No | |||||||||||
D | No | |||||||||||
E | Yes | |||||||||||
F | No | |||||||||||
G | No | |||||||||||
H | Yes | |||||||||||
I | No | |||||||||||
J | Yes |
In: Operations Management
Discuss the percentage of sales and competitive parity methods for setting advertising budgets. What are the shortcomings of both these methods?
In: Operations Management
Often organizations are faced with the necessity of changing the direction or focus of their organization – due to competition, due to new technology, due to environmental issues, regulations, etc. In these situations, uncomfortable changes are sometimes required.
a) Would younger or older employees be more likely to embrace change?
b) Would successful or less successful organizations be more likely to embrace change?
c) One element in reinforcing change within an organization is to replace people and hire outsiders. Even if done with a great deal of care and understanding, this can often come across as a somewhat cruel undertaking. Why is it necessary?
In: Operations Management
Which benefits are of greatest value to your employer. Provide a justification for why you believe these benefits are of greatest value to employers (Pick at least 3)
In: Operations Management
1) For the following Business Cycle Phases listed (Provide objectives and at least two deliverables from each phase)
SUBJECT : MODERN PROJECT MANAGEMENT
In: Operations Management
I need to find an interesting article related to a topic How Exceptional Managers Realize a Grand Design
Presentations topic related to Management. Speaking about provides another chance to reinforce what’s been learned, and gives you the opportunity to develop verbal communication skills in a virtual environment, a highly sought-after skill that most employers seek today.
In: Operations Management
Summarize how and when payments are made to beneficiaries under Medicare and Disability programs and the qualifications for each.
In: Operations Management
Diversification merits strong consideration whenever a single-business company faces diminishing market opportunities and stagnating sales in its principal business. Identify a company you feel should diversify and explain why.
In: Operations Management
1. Due to the COVID-19 pandemic, and the stay at home order handed out by the Governor and the President we have had to use MIS more. Tools like Zoom have become widely popular and have seen increased users. However, they have also had some challenges. What are some of the challenges that Zoom has faced in the last few weeks? How would you recommend solving them?
2. Companies like Microsoft, Amazon AWS and Google have built their platform for situations like what we are experiencing. How has cloud computing evolved over the years to allow us some form of continuity? Do you believe there will be a rise in companies moving to the cloud and will there be new entrants to the cloud landscape with companies offering Saas? What are some examples of SaaS?
In: Operations Management
Canada is a trading nation, how will Canada adapt to post-Covid world in terms of value chain? What role does government have? What is the new normal?
In: Operations Management
Create Five Annotated Bibliographies of operational challenges of Small and Medium Companies
In: Operations Management
The Hangover Part II has been a hotbed of intellectual property issues. Warner Brothers recently settled a lawsuit brought by the tattoo artist who did Mike Tyson’s facial tattoo that was then replicated on a character in the movie. Please read Problem 4 on page 549 of the book (Chapter 15) and answer the following questions:
What is the issue in the use of trademarked products in artistic works?
Why is Louis Vuitton so concerned about the use of its products in a film such as the Hangover Part II?
In: Operations Management
Answer these few questions on marketing a Jeep SUV.
1. Of the three levels of the Consumer problem solving, to which one(s) does Jeep appeal?
2. Referring to the psychological factors that impact consumer behavior, which three variables Jeep is trying to influence? (1 point)
3. How should Jeep alter their approach to fit the consumer behavior of the Millennials? (1 point)
4. Describe the five-stage purchase decision process for a Jeep customer.
In: Operations Management
What are the important features of a limited liability company? Explain.
In: Operations Management