Answer all questions in full answer
google the case
1- In continuing your understanding of IP protection you are to research the concept of trade dress and how this was a factor in the case of Knitwaves vs Lolly Togs. What was the basis of the case and what was the outcome.
2- Research the case of Louis Vuitton vs Dooney & Burke and post your understanding of the IP violation that was involved and what was the outcome?
3- Currently there are many discussions revolving around social influencers and their effect on the success of various brands. Name someone you identify as an influencer and why you are labeling that person in this role - what real results can you attribute to this person?
4- Recently many retail brands have announced the closing of a large number of their brick and mortar stores due to sales issues. What would you do if you were in charge to halt the continuing losses? How would you lead your company to successfully counter the Amazon and Fast Fashion challenges?
In: Operations Management
Analyze how human information systems (HRIS) improve business-to-employee (B2E) communications, workforce productivity, and compliance with federal employment laws; and ethical issues related to the use of HIS data.
It would be great if you can add some sample to elaborate the explanation. (min 450 words)
In: Operations Management
Please, suggest me an outline for this presentation and the list of three Foursquare competitors. Thank you
You know those times when you are craving Thai food or the perfect fruit smoothie, but you don’t know where to go? Or when you’re out shopping or clubbing and you want to let your friends know where you are? Foursquare’s location-based services connect you with friends and companies that offer products and services of interest.
Your task: Create a brief presentation explaining the Foursquare concept and its features and benefits. List three Foursquare competitors and give a brief assessment of the one you would recommend to your classmates.
In: Operations Management
Given the following information set up the problem in a transportation table and solve for the minimum-cost plan:
PERIOD | ||||
1 | 2 | 3 | ||
Demand | 550 | 700 | 750 | |
Capacity | ||||
Regular | 500 | 500 | 440 | |
Overtime | 50 | 50 | 50 | |
Subcontract | 120 | 120 | 100 | |
Beginning inventory | 100 | |||
Costs | ||||
Regular time | $ | 60 per unit | ||
Overtime | $ | 80 per unit | ||
Subcontract | $ | 90 per unit | ||
Inventory carrying cost | $ | 1 per unit per month | ||
Back-order cost | $ | 3 per unit per month | ||
Suppose that an inventory carrying cost is increased $2 per unit
per period. What will the additional cost of the optimal plan be?
(Omit the "$" sign in your response.)
Additional cost
$
I've asked this question a couple of times and it has been incorrect. So.. the answer is not 440 haha.. good luck! Thanks for your help!
In: Operations Management
What are different types of retails and the wholesalers? Discuss in detail
In: Operations Management
Identify and explain 3 requirements that personnel tests need to meet.
In: Operations Management
Awareness of cultural diversity is crucial for effective cross-cultural communication. The key to effective cross-cultural communication is knowledge. When people understand the potential problems of cross-cultural communication, and make a conscious effort to overcome these problems, then communication is more effective and miscommunication can be averted.
Can you share an experience in life or at work where you encountered a problem with communication due to cultural differences? Did nonverbal cues play a role in the situation? Lastly, how can organizations focus on and improve cross-cultural communication?
In: Operations Management
15.1 Case in Point: Newell Rubbermaid Leverages Cost Controls to Grow
Newell Company grew to be a diversified manufacturer and marketer of simple household items, cookware, and hardware. In the early 1950s, Newell Company’s business consisted solely of manufactured curtain rods that were sold through hardware stores and retailers like Sears. Since the 1960s, however, the company has diversified extensively through acquisitions of businesses for paintbrushes, writing pens, pots and pans, hairbrushes, and the like. Over 90% of its growth can be attributed to these many small acquisitions, whose performance Newell improved tremendously through aggressive restructuring and its corporate emphasis on cost cutting and cost controls. Usually within a year of the acquisition, Newell would bring in new leadership and install its own financial controller in the acquired unit. Then, three standard sets of controls were introduced: an integrated financial accounting system, a sales and order processing and tracking system, and a flexible manufacturing system. Once these systems were in place, managers were able to control costs by limiting expenses to those previously budgeted. Administration, accounting, and customer-related financial accounting aspects of the acquired business were also consolidated into Newell’s corporate headquarters to further reduce and control costs.
While Newell Company’s 16 different lines of business may appear quite different, they all share the common characteristics of being staple manufactured items sold primarily through volume retail channels like Wal-Mart, Target, and Kmart. Because Newell operates each line of business autonomously (separate manufacturing, research and development [R&D], and selling responsibilities for each), it is perhaps best described as pursuing a related, linked diversification strategy. The common linkages are both internal (accounting systems, product merchandising skills, and acquisition competency) and external (distribution channel of volume retailers). Beyond its internal systems and processes, Newell was also able to control costs through outcome controls. That is, business managers were paid a bonus based on the profitability of their particular unit—in fact, the firm’s strategy is to achieve profits, not simply growth at the expense of profits. Newell managers could expect a base salary equal to the industry average but could earn bonuses ranging from 35% to 100% based on their rank and unit profitability.
In 1999, Newell acquired Rubbermaid, a U.S.-based manufacturer of flexible plastic products like trash cans, reheatable and freezable food containers, and a broad range of other plastic storage containers designed for home and office use. While Rubbermaid was highly innovative (over 80% of its growth has come from internal new product development), it had difficulty controlling costs and was losing ground against powerful customers like Wal-Mart. Newell believed that the market power it wielded with retailers like Wal-Mart would help it turn Rubbermaid’s prospects around. The acquisition deal between these two companies resulted in a single company that was twice as big and became known as Newell Rubbermaid Inc. (NYSE: NWL). In 2010, Fortune named Newell Rubbermaid the number 7 “Most Admired Company” in the home equipment and furnishings category.
1. How do the controls Newell uses fit its strategy?
In: Operations Management
Consider a food truck selling only grilled chicken sandwich. They order chicken breast once every two days, which means this order is intended to satisfy next two days’ demand. Demand for a two?day period (# of sandwiches) is estimated by experience in the following table.
Demand (# of sandwiches) 40, 80, 100, 120, 160
Probability .20, .20, .20, .30, .10
Each sandwich consumes half a pound of chicken breast. The procurement cost for each pound of chicken breast is $5. Revenue from each sandwich is $8. All unused chicken breast can be sold to a local farm at the price of $1 per pound. Ignore all the other cost for making a sandwich in this question. Hint: Before doing the marginal analysis, consider converting all units to either # of sandwiches or # of pounds of chicken breast.
FT1. How many pounds of chicken breast should you order to maximize profit?
FT2. What’s the expected total profit for a two?day period?
In: Operations Management
Enterprise resource planning (ERP) integrates all departments and functions throughout an organization into a single IT system (or integrated set of IT systems) so that employees can make decisions by viewing enterprisewide information on all business operations.
ERP as a business concept resounds as a powerful internal information management nirvana: Everyone involved in sourcing, producing, and delivering the company’s product works with the same information, which eliminates redundancies, reduces wasted time, and removes misinformation.
ENTERPRISE RESOURCE PLANNING BUSINESS DILEMMA:
You have recently started selling a few new products including customized CDs, customizable coffee presses, and coffee-of-the-month and tea-of-the-month programs. Each time you develop a new product you are forced to create an entire new system to track sales. You are not sure why the accounting system you purchased forces you to do this, but you are stuck with this system until you can replace it. You quickly notice that separate systems for each different line of business including coffee, tea, CDs, equipment, programs, etc. is going to hurt your business. You notice that each system works independently to perform its job of creating, updating, and maintaining sales information, but you are wondering how you are going to operate the business as a whole.
Create a list of issues you will encounter if you continue to run the business with separate systems, performing the same operations, for each different product.
What could happen to the cafe if you cannot correlate the details of each system?
How could separate systems for each product hurt marketing campaigns?
Be sure to highlight at least 10 issues where separate systems could cause problems running your business.
At The Broadway Cafe customers receive more than just a great cup of coffee - they receive exposure to music, art, literature, and town events. The cafe’s calendar for programs gives their customers a quick view into their corner of the world - from live music and art displays, to volunteering or a coffee tasting. The cafe offers the following:
Music Center - Information of all live music events occurring in the area. The store also hosts an open microphone two nights a week for local musicians.
Art Gallery - A space in the store filled with great pieces from local artists.
Book Clubs - Customers can meet to discuss current and classic literature.
Coffee Sampler - Customers can sample coffees from around the world with the experts.
Community Events - Weekly meetings are held where customers can find ways to become more involved in their community.
Brewing Courses - Offer the finer details of the brewing, grinding, and blending equipment for sale in the cafe - from the traditional press to a digital espresso machine. Also, includes a trouble-shooting guide developed by brewing specialists.
The Broadway Cafe sales are great and profits are soaring, however, current operations need a complete overhaul. Your grandfather built the business piece-by-piece over the last few decades. The following offers a quick look at current operations.
The cafe does not receive any information on how many of its customers attend live music events. Musicians typically maintain a fan e-mail listing and CD sales records for the event, however, this information is not always provided to the store.
Book club events are booked and run through the local bookstore - Pages Up. Pages Up runs a tab during the book club and provides the cafe with a check at the end of each month for all book club events. The cafe has no access to book club customer information or sales information.
Artist gallery is run by several local artists who pay the cafe a small commission on each sale. The cafe has no input into the art contained in the store or information on customers who purchase art.
Coffee sampler events are run through the cafe’s primary operations.
Community event information is open to all members of the community. Each event is run by a separate organization, which provides monthly event feedback to the cafe in a variety of formats from hand written notes, to Word, to Access files.
Brewing and machine resource courses are run by the equipment manufacturer and all customer and sales information is provided to the cafe in a Word document at the end of each year.
You want to revamp the way the cafe operates so you can take advantage of marketing and sales opportunities across its many different lines of business. For example, offering customers who attend book club events discounts on art and brewing and machine resource courses. You also want to gain a better understanding of how the different events impact sales. For example, should you have more open microphone nights or more book clubs? Currently, you have no way to tell which events result in higher sales.
Create an ERP strategy to help gain visibility across the cafe.
Create a list of issues you will encounter if you continue to run the business with separate systems, performing the same operations, for each different product.
What could happen to the cafe if you cannot correlate the details of each system?
How could separate systems for each product hurt marketing campaigns?
Be sure to highlight at least 10 issues where separate systems could cause problems running your business.
Create an ERP strategy to help gain visibility across the cafe. Please consider all that happens in the cafe from the information listed above
In: Operations Management
Conduct a search on the Internet for a healthcare app that can be used as a tool to aid a healthcare provider or medical coder or that provides the opportunity for a person to take more control over their health and wellness. • Name of the app and URL • Description of function(s); including if it is specific to iOS (Apple) or Android phones • Ease of use • Where your personal information is stored (Examples: the Cloud, personal device) • Would you ever use this app or url
In: Operations Management
What are the advantages and disadvantages of working in an autocratic, democratic, and laissez-faire work environment?
In: Operations Management
The global automaker you work for has decided to invest in building a greenfield automobile assembly facility in Costa Rica with a local partner. 1. Which FDI theory presented in this chapter might explain your company's decision? 2. In what areas might your company want to exercise control, and in what areas might it cede control to the partner? Be specific.
1. Theory of Monopolistic Advantage
2. Oligopoly Theory of Advantage
3. Product Life Cycle Model
4. Eclectic theory
In: Operations Management
Describe the executing processes performed as part of human resource management, summarize important concepts related to managing people, and explain what is involved in leveling resources, assigning staff, reviewing resource calendars, and assessing team performance.
In: Operations Management
Distingish between formal leadership and informal leadership.
In: Operations Management