The use of incentives and rewards is the single most powerful tool at management's disposal to win strong employee commitment to carrying out the strategic plan. True or false? Explain
Provide three examples of nonmonetary motivation and rewards practices that have the capability to foster good strategy execution and explain how they act to produce such a result.
In: Operations Management
Research a company that has successfully embraced diversity in their workforce. Highlight their reasons for success, examples of inclusive programs, and identify three core competencies for inclusion.
In: Operations Management
1. Define personal selling and discuss its role in a company’s promotion mix. List an example of when you were sold something using a personal selling approach, what was your experience as the buyer like?
2. Discuss the benefits of direct and digital marketing to buyers and sellers. Would you agree that direct and digital marketing are methods that influence your buying behavior? Use an example.
3. Define competitive advantage. How do companies go about finding their competitive advantage? Identify a product or service you use and list the competitive advantage. Why did this influence you?
4. What environmental factors must international marketers consider when enter foreign markets? Explain why certain factors are more important than others. Do you agree/disagree?
In: Operations Management
In an organization, the worst situation for the manager is a highly cohesive group with low-performance norms which is a total nightmare scenario. How should the company handle this situation? ( decreasing the cohesiveness or increasing the personal norms are the answers but how?)
In: Operations Management
The company has had an unrelenting focus on the pursuit of quality. As the company has grown and matured, so too has its approach to managing quality. Benchmarking quality in terms of defect rates against the best high-end Swiss watch-makers was the initial starting point. These quality control processes quickly gave way to quality assurance systems, which have then progressed into industry leading total quality management (TQM) and an incorporation of Kaizen to ensure continuous improvement in the quality of watches at Killer Time. Killer Time has come to set the industry standard for design, craftsmanship and quality –all factors that Mrs Jacobson attributes to the young company being able to steadily increase its market share.
Question: Evaluate the roles of total quality management (TQM) and the Kaizen system of continuous improvement in Killer Time Ltd.
In: Operations Management
1. During Christmas, What types of products a planner/worker for Target might need to plan for more inventory and list out 5 products that would be highly affected by the Christmas shopping season.
2. Describe what resources the Planner/Buyer would use in order to make the best forecast.
In: Operations Management
Some organizations have adopted a pay leadership position, in which they pay at a substantially higher rate than do their competitors. Examples of such companies include Zingerman’s Deli, Moo Cluck Moo restaurant, Gravity Payments, CostCo, and Ivar’s Salmon House.
a. Explain three possible reasons for companies’ adoption of a pay leadership policy.
b. Evaluate the validity of these possible reasons and their underlying assumptions.
c. Discuss two factors that will affect whether a pay leadership policy will be successful or not. Give examples of particular organizations to illustrate your analysis.
In: Operations Management
identify one or two provisions from the major laws and regulations governing equal employment opportunity that you believe are most challenging for organizations to adhere to.What factors should organizations considering orderto meet the requirements of these provisions?
In: Operations Management
In a Word document, you will type a response letter to the position of manager, accountant, administrative/medical assistant, or health professional. The position requires an associate's degree or higher, at least one year of work experience, and proficiency with Microsoft Office. Excellent communication skills are required. Second language a plus. Be sure to include an inside address and salutation. You are typing a letter to a company that you have made up. I am not asking you to look up a position on the web site or the newspaper. You are making up a company. However, you are applying for a job as either a manager, accountant, administrative/medical assistant, or health care professional. You are to choose one of these positions.
In: Operations Management
1)Over the past 12 weeks, demand and orders at Michael’s Metals are as follows. Calculate the bullwhip measure for the 12-week period.
Demand | Orders | |
1 | 228 | 137 |
2 | 185 | 120 |
3 | 206 | 231 |
4 | 243 | 197 |
5 | 194 | 224 |
6 | 209 | 140 |
7 | 243 | 135 |
8 | 206 | 246 |
9 | 156 | 120 |
10 | 149 | 250 |
11 | 191 | 194 |
12 | 159 | 187 |
a)0.41
b)2.42
c)3.15
d)1.1
2)The following tasks lie on the critical path of a project:
Task | Mean Completion Time | St. Dev |
A | 4 | 0.6 |
B | 5 | 0.2 |
E | 2 | 0.1 |
F | 6 | 1 |
H | 2 | 0.2 |
M | 6 | 0.1 |
a.The above task gives the mean completion time of each task (in days) and the standard deviation. Based on this information, what is the probability that the project will be completed in 23 days or less?
a)less than 5% but more than 3%
b)Less than 3%
c)More than 5% but less than 10%
d)More than 10%
b.The above task gives the mean completion time of each task (in days) and the standard deviation. Based on this information, with 99% probability, in how many days will the project be completed?
3) A firm X is evaluating disaster risk in the supply chain. If the probability of the super even S=0.1 and the probability of the unique event U=0.05, what is the lowest possible probability of supply chain disruption that firm X can achieve (regardless of the suppliers)?
a)0.1
b)0.12
c)0.14
d)0.08
In: Operations Management
Choose a job in your field from one of the job search sites. Using Word, describe how you would network to get the position you chose. Submit to the Job Search and Networking Folder below.
In: Operations Management
In: Operations Management
Imagine you are working for a Korean company. Discuss how you would be able to deal with the Korean management style, and what would probably be the biggest cultural challenges for you to accommodate to such an environment.
(4 paragraphs)
In: Operations Management
Hi, can you answer this question in more detail?
Subject: Quality Management and Practices
8.
Research on the current state of Toyota's Company quality management covers the following topics, demonstrate your theoretical understanding and skills in evaluating existing operational management issues, and use a quality management framework for analysis.
• Total Quality Management…
( Words: 900 - Need to be original, Don't direct copy )
In: Operations Management
For each of the situations described below, select the type of analytics that would address the specific organizational need and justify your selection.
b. A large retail chain wants to understand what factors contributed to the overall sales decline it experienced in a specific month in the past.
c. To support staffing analysis for a holiday season, a clothing store wants to improve its understanding of the number of customers that are likely to visit each of its stores during the November 15–January 15 time frame.
d. A gaming company wants to provide all of its employees an up-to-date graphical representation of the number of downloads of its game products and in-app revenue associated with them.
In: Operations Management