Job based structure and person focused structure compare and contrast by SWOT.
In: Operations Management
You are a middle school principal in a working-class conservative community in the Midwest. One of your tenured teachers placed a series of very negative comments about you and the school on her Facebook page. These comments were made over the weekend. A number of your students informed you that they read the teacher’s comments. In fact, you heard a group of students chatting and laughing about the comments. Additionally, you receive phone calls from a number of parents who conveyed how negative and unprofessional the teacher’s comments were.
Discussion Questions
How would you react to parents and students?
How do you approach the teacher who is allegedly responsible for the negative comments?
If evidence reveals that the teacher is responsible for these comments, what action would you take?
What options are available to you in addressing this situation?
What precautions must be taken to ensure that the teacher’s rights are protected?
How do you balance the rights of the teacher against the need to protect the integrity of the school?
Please discuss the probable consequences of each option you identified.
What is your final decision? Provide a rationale for your decision.
In: Operations Management
The Outdoor Furniture Corporation manufactures two products: benches and picnic tables, for use in yards and parks. The firm has two main resources: its carpenters (labor force) and a supply of redwood for use in the furniture. During the next production cycle, 1,200 hours of labor are available under a union agreement. The firm also has a stock of 3,500 board feet of quality redwood. Each bench that Outdoor Furniture produces requires 4 labor-hours and 10 board feet of redwood; each picnic table takes 6 labor-hours and 35 board feet of redwood. Completed benches will yield a profit of $9 each, and tables will result in a profit of $20 each. How many benches and tables should Outdoor Furniture produce in order to obtain the largest possible profit?
The optimum solution is:
Number of benches produced equals = (round your response to the nearest whole number).
Number of tables produced equals = (round your response to the nearest whole number).
Optimal solution value = $ (round your response to the nearest whole number).
In: Operations Management
You have just been hired as editor of a new monthly employee newsletter for a chain of fast-food restaurants.
Managements goals for the year are to
(1) increase market share,
2) build teamwork,
(3) improve customer service, and
(4) reduce overhead costs.
To encourage newsletter engagement, management has suggested using stories from the Wall Street Journal, Restaurant Business and Modern Restaurant Management. How does copyright law influence the content of the newsletter? What is the extent of government regulation related to creation of an employee newsletter?
In: Operations Management
In: Operations Management
16) DAB manufacturing uses wholesalers and retailers—wholesalers markup was 20 percent and retailers markup of 40 percent. If the retail selling price is $100 and the manufacturer's cost is $30, what is the gross profit DAB receive on the sale of one unit? A) $16.00 B) $13.50 C) $15.00 D) $18.00 E) $17.25
17) Gordon Jones is considering purchasing a computer from Best Buy. He has created a scale for rating eight different computers on three different characteristics. He plans to make a short list of only those computers that score at least a 7 on his scale on all three characteristics. Which of the following choice heuristics has he chosen? A) elimination-by-aspects heuristic B) lexicographic heuristic C) conjunctive heuristic D) anchoring and adjustment heuristic E) representativeness heuristic
18) Costco purchases a 24-pack of bottled water from a wholesaler for $4.80 and wants a markup of 20 percent. What is the price that Costco charges its customers? A) $6.25 B) $6.75 C) $5.95 D) $6.00 E) $7.25
19) If a consumer sets a minimum acceptable level for each attribute and chooses the first alternative that meets those conditions then she is using the following decision rule: A) primary B) lexicographic C) elimination-by-aspects D) conjunctive E) compensatory model
In: Operations Management
A common room pricing strategy used by hotels is to price each day for which this room can be reserved, as discussed in the lecture. The price of a stay is then the sum of the day prices spanned by the stay (i.e., checkin and checkout dates). Full-service airlines, as you may already know, typically price itineraries. a. Explain the differences between day pricing of hotel rooms and the pricing of airline itineraries? (i.e. What is the product?, What is the resource?, and What is being priced?) b. Consider the purchase of a customized laptop on Dell’s website. Customization involves choosing laptop components that have different price points. The choice of components determines the ultimate price of the laptop. Explain why the day pricing of hotel rooms is a special case of the problem of pricing laptop components being shown to customers in Dell’s website. c. Why is Dell’s pricing problem more complicated than the pricing problem faced by a hotel?
In: Operations Management
2:)
1. What forces shaped the culture in the country of UAE and Dubai
in particular? How similar or different are these forces from those
that shaped the culture of Western nations?
In: Operations Management
ads displayed on the boards of the Red Wings hockey games often just show a brand's name and nothing else. Fans often don't understand the purpose of this simplistic marketing strategy; however advertisers understand the subtle influence of:
Reminder advertising
Informative advertising
Comparative advertising
Perpetual advertising
Search engine 'crawlers' rank websites on multiple categories using complex and dynamic algorithms. Which of the following would most likely not be an example of a ranking category?
Traffic to the website
Relevance of keyboards in the content of the website
Age of the website
Amount of TV advertising spent on promoting the website
Bayer Aspirin and CVS Aspirin both have the same dosage, directions and active ingredient. Despite their similarity, Bayer costs nearly five times as much. In this case, Bayer Aspirin is known as a _____ brand.
Private
Value-added
Store
National
Ads emphasizing the fearful consequences of texting and driving use _____ appeals in their message content.
Emotional
Rational
Reach
Frequency
Which of the following profit characteristics represents the introduction stage of the product lifecycle for an e-reader?
Negative profits
High profits
Rising profits
Declining profits
Which of the following is not an example of a line extension?
M&M’s Halloween colored chocolates
P&G selling six different brands of laundry detergent
Adidas running shoes for people with flat feet
The introduction of Coca-Cola’s New Coke beverage
On an infomercial for a bottle opener, the spokesperson urges customers to call now before the product runs out. Adopting this _____ principle persuasion, sales can increase.
Reciprocity
Liking
Scarcity
Authority
Covergirl intends to expose its new ad campaign to 55% of their target market during its first 6 months. To determine if they are successful in doing this, they will need to measure the campaign’s _____.
Reach
Push strategy
Media impact
Frequency
Segmented pricing occurs when a company sells a product at two or more prices. What else defines segmented pricing?
The difference in prices is based on the marketer’s emotional state.
The difference in prices is based solely on differences in costs
The difference in prices is not based on differences in costs
The difference in prices is based on the economic situation at the moment
_____ are paid links that emerge as search results when specific keywords are entered on search engines.
Organic listings
Sponsored links
Search engine links
Google listings
Many middle-class consumers want to purchase high quality products but cannot afford them. Marketers understand this demand and find ways to offer high quality products with a _____ value proposition.
More-for-more
More-for-the-same
Less-for-much-less
Same-for-more
The Dollar Shave Club sells razors and other shaving products to consumers all over the world. Which of the following would be considered part of the augmented product for Dollar Shave Club?
Their unique packaging
The quality level of their razors
The Dollar Shave Club brand name
Warranty offered on their products
Tinder is an app that helps people fall madly in love with each other. While it offers its service for free, love-seekers can choose to pay a monthly fee which gives them access to a larger assortment of potential mates. What type of pricing strategy does this represent?
Cost-based pricing
Value-added pricing
Good-value pricing
Competition-based pricing
Which of the following best describes a marketer’s strategy when engaging in market penetration pricing?
Setting a low price to attract a large number of buyers
Setting a low price to attract a large number of competitors
Setting a high price to attract a large market share
Setting a high price to skim maximum revenues from buyers
Owners of B-Sharp, a store that sells musical instruments, adopt _____ segmentation when targeting consumers based on their musical lifestyle.
Geographic
Demographic
Psychographic
Concentrated
In: Operations Management
In: Operations Management
In: Operations Management
In: Operations Management
You are about to set up a new automobile repair business.
Explain:
a. What are all the essential functions of the human resource department of automobile repair business
b. What is a performance evaluation/appraisal?
c. Explain the advantages and disadvantages of a performance appraisal/evaluation to the employee.
In: Operations Management
How to construct a stakeholder analysis table (for Section I):
List your decision options across the top, the stakeholders along the side, and in the table indicate with plusses and minuses (i.e., + & -) the effect of each decision on each stakeholder. If a decision has a strong effect on a particular stakeholder, you can indicate this with more than one + or -.
For example, a generic stakeholder analysis table might look like:
---------------------------------------------------
Decision
Decision A Decision B [note: for your paper don’t say Decision A; use a descriptive label for the decision.]
Stakeholders
Stockholders + -
Employees -- + [note – these stakeholders are just
Customers + - examples; your stakeholders will
Community - +++ probably be different]
.
.
.
(etc.)
To conduct your utilitarian analysis, count-up the plusses and minuses, and pick the decision where the plusses most outweigh the minuses. In the above table, Decision A has 2 plusses and 3 minuses, for a net of minus 1. Decision B has 4 plusses and 2 minuses, with a net of plus 2. So, from a utilitarian perspective, Decision B is more ethical.
Incredible Shrinking Potato Chip Package
Topic: Cost vs. price vs. value issues
Characters: Jen, Brand Manager for potato chips at a regional salty
snacks manufacturer
Derek, Marketing Director for the regional salty snacks
manufacturer
Jen has been concerned about the profitability of the various items
in her line of potato chips. According
to her potato suppliers, the recent drought caused a 35 percent
reduction in the potato crop compared to
one year ago, resulting in a 25 percent hike in potato prices to
large buyers like Jen’s company. Potatoes
accounted for almost all of the content of her chips (which also
consisted of vegetable oil, one of three
different flavoring spices, and salt), plus there were packaging
costs. To hold the line on margins, which
of late had been slim at only about 5 percent due to fierce
competition from several other local and
regional brands, Jen would need to raise potato chip prices about
15 percent. On her most popular 7.5
oz. size, which had a price spot of $2.19 on the package, this
would require a price hike of $.33, bringing
the price up to $2.52.
Jen wondered what would be the appropriate strategy to deal with
this unfortunate circumstance. She
was very reluctant to raise the price to maintain the margin.
First, she feared incurring the bad will of her
loyal customers; it wouldn’t be perceived as fair by them.
Moreover, she was worried about competitive
responses; her other larger competitors might be willing to incur a
loss in the short-run to keep their
customer bases and to attract price-hiking rivals’ customers. Jen
couldn’t afford such a strategy since she
was evaluated solely on the basis of monthly net profits.
Historical data in this industry revealed another
possible competitive maneuver in the face of rising ingredient
costs: hold the line on prices and package
size while reducing the net weight of the package.
Jen was concerned that this might be a deceptive practice. She
recalled from a Consumer Behavior
course she had taken in college a concept known as the “just
noticeable difference.” This said that
relatively small changes in a stimulus (such as a price hike or
content shrinkage) go unnoticed by
consumers. Jen felt intuitively that the price increase necessary
to maintain margins would be noticed,
given the price sensitivity of buyers for snack foods. However, the
past industry data suggested that
perhaps buyers might not notice the package size reduction needed
to sustain profits, which in this case
would be 1.1 ounces.
Jen asked her boss, Derek, the Marketing Director, about the
advisability of reducing the net weight of
the potato chips. Derek said that this was a practice known
variously as “downsizing” and “package
shorting.” It was a very common practice among packaged goods
manufacturers. For instance, he said,
candy bar manufacturers are subject to constantly fluctuating
ingredient prices, and because there are
expected (“fair” or “reference”) prices for candy bars, package
sizes are frequently adjusted without
informing consumers. Jim said that was a nonissue since marketers
have been above board in labeling
products accurately as to weight, serving size, price, and
quantity. Furthermore, the Food and Drug
Administration had no laws against the practice. Derek recommended
downsizing the potato chips, but he
made it clear to Jen that the ultimate decision was up to her. Jen
still had her doubts. After all, it would
seem that consumers who are in the habit of buying a particular
product size generally don’t scrutinize the
net weight label on subsequent purchases. If this were true, it
seemed to Jen that downsizing would be a
deceptive practice.
In: Operations Management
Answer the following questions:
Many factors are involved in building and maintaining an effective organization. An effective organization needs a supportive environment, good leadership, discipline, effective communication, challenge and empowerment. Some of the key fundamentals of building and maintaining effective organization are; maintaining the right size, developing the right mix of skills, committing to a common purpose and performance goals, committing to a common approach and developing mutual accountability. You are task with identifying a business/organization who has thrived over the years even in this hard economic times.
The paper should have the following:
What characteristics of the team are most important to the organization?
What methods have they used to build an effective organization?
What are the reward systems in place if any to motivate their employees?
What is the financial health of the organization?
What is the work environment like in the organization?
How large is the work staff?
What is the diversity make-up of the organization?
What is the organizational structure like?
What makes this organization special or unique?
In: Operations Management