what kind of retailers would you suggest that Nespresso should choose to reach out its target market ? Explain in detail.
In: Operations Management
Describe the process you would go through to develop a strategic plan to be implemented?: (1 page allocation: Note: the answer is not to (1) figure out what your firm is, (2) figure out where you want to be, (3) figure out how you are going to get there, and (4) determine how you are going to measure when you got there. Think about the course as a whole will guide you on your response.)
In: Operations Management
In: Operations Management
Anna Sheen, upon graduating from a Boston-area university with a degree in journalism and operations research, returned to her hometown of Hamptonshire, Pennsylvania, to start a daily newspaper. The Hamptonshire Express emphasized local news, which Sheen believed was not adequately covered by big-city newspapers such as the The Philadelphia Inquirer, Pittsburgh Post-Gazette, and The New York Times.
Working in leased space that cost approximately $10 per day, Sheen wrote stories and articles daily around news and feature material that she gathered from around town, and then typeset the newspaper using desktop software. A local printer printed the newspapers overnight at a marginal cost of $0.20 per copy. Anna sold the copies the following morning from 6 a.m. to 10 a.m. from a newsstand at the intersection of Main Street and Center Street in the center of Hamptonshire. Newsstand rental was $30 per day. Express was sold to consumers for $1 per copy. Copies not sold by 10 a.m. were discarded.
Demand for newspapers was unpredictable; Sheen estimated demand daily before delivering the typeset paper to the printer. Based on data from similar entrepreneurial ventures and interviews with potential Hamptonshire customers, she estimated that daily demand for the Express was normally distributed with a mean of 500 and standard deviation of 100.
a. How many newspapers should Sheen stock (i.e., order from the printer)? What is the profit at this stocking quantity?
b. Verify that the value derived in part (a) is consistent with the optimal stocking quantity in the Newsvendor model using excel: Q*= µ + Normsinv(Cu/Cu+Co))σ
*Please show work
In: Operations Management
In: Operations Management
In: Operations Management
In: Operations Management
What is the difference between a blog and a microblog?
What is a blogging platform?
Why do marketers use blogs and microblogs?
What makes Twitter a more attractive communication channel than traditional media for many individuals and organizations?
In: Operations Management
Question from - Human Resources Management - Chapter 6 " Training , Learning & Development "
Consider the job of a server at Boston Pizza. Design a new employee onboarding program for this job. Explain how your program contributes to effective socialization, performance, and employee retention. Your proposed program must include 5 specific recommendations.
Please answer briefly .
In: Operations Management
A few years ago, Google launched Google+ social media, why didn't it work? Why was there little user adoption? Should Google try again? If so, why? If not, why?
In: Operations Management
Question from - Human Resources Management - Chapter 9 " Collective Bargaining and Labour Relations"
A. Explain the three levels of decisions that are involved with labour relations.
B. Assume that management and a union are negotiating a collective agreement. During the negotiation process, the two parties are unfortunately unable to reach a contract. Identify and explain three neutral third-party actions that could be used to resolve the conflict.
C. From the actions identified above, which is the most formal and produces a binding decision?
Please answer briefly .
In: Operations Management
Top executives and members of a corporation's board of directors have different roles and responsibilities. Traditionally, executives have been responsible for determining the firm's strategic direction and implementing strategies to achieve it, whereas the board of directors has been responsible for monitoring and controlling managerial decisions and actions. Some argue that boards should become more involved with the formulation of a firm's strategies. How would the board's increased involvement in the selection of strategies affect a firm's strategic competitiveness? What evidence you offer to support their position?
In: Operations Management
In: Operations Management
Compared and contrast these social media platforms. Facebook, Instagram, Twitter, Pinterest, SnapChat, TikTok. What is each good for? Not good for? Which is the best/worst (in your opinion) and why.
In: Operations Management
Heather Anderson is a vegetarian who follows a holistic lifestyle She credits her adoption of a healthy lifestyle with saving her life. Now she wants to share this healthful living with others through her new company called "BC Edible Health" Her firm would initially start with the over 60 wild edible plants found in BC and the Pacific Northwest. These plants form part of the BC 100 mile local diet. Heather would sell these plants (products ) to customers. Details Collect the plants from BC forests clean them and sell them as is (live plants )their seeds only or dried format ready to ship anywhere in the world to individual customers, restaurants, grocers, etc. Grow some of these plants in her own two large greenhouses on her property contract greenhouses in BC to grow many of the high-volume selling plants for her open a store on Commercial Drive to showcase these plants (do cooking demonstrations ) and offer them for sale in any of the above formats conform to all BC and Federal Government health regulations Participate in wellness events, conventions, trade shows people become increasingly concerned about processed foods Heather sees a real need for her business Her main motivation is peoples health, but she does realize this operation needs to be carefully planned out in order to be at least self-sustainingWhile she realizes your consulting group may not be familiar with her products, she does respect your group's reputation for creating comprehensive operations plans what we required
1 identify at least 4 different types of customers. ( vegetarians, sellers, restaurants and specific diet plan followers)
2. explain the reasons that they are facing in life that would cause them to want to use your firm for each type of customer
3. what are the important things happening in their lives for each type of customer
4. their target market \ 4 customers segments )
5.explain their demographics in detail for each type of customers
In: Operations Management