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In: Operations Management
Which of the following statements is correct?
1. Both scientific management and administrative theory
stressed job efficiency through the development of technical
skills.
2. Administrative theory stressed job efficiency through the development of technical skills, while scientific management stressed rules and the structure of the organization.
3. Scientific management stressed job efficiency through the development of technical skills, while administrative theory stressed rules and the structure of the organization.
4. Both scientific management and administrative
theory stressed rules and the structure of the
organization.
In: Operations Management
MARKETING: CONSUMER BEHAVIOR QUESTION
How might you expect the family purchase process change with changes in family structure (e.g., DEWKS vs. TRADITIONAL)? Note: You must address two (different) stages (in detail) of the family decision making process in you answer (choose any product/service). Further, your answer should address the following questions for two different stages of the family decision making process (e.g., problem recognition).
Q1: What are the behavioral issues of interest under each DM stage (2 different stages)?
Q2: How might customer behavior change across these stages because of family influence?
Q3: How might marketers adjusted the marketing mix to respond to these behavior changes?
In: Operations Management
In: Operations Management
Given that companies often struggle with how to use benefits and rewards to support salary structures discuss what options/strategies you believe would boost morale and why, would it boost yours? And, which of these benefits/engagement tools you think would be least effective and why.
In: Operations Management
How would Micron Technology Inc use the information available in the Index of Economic Freedom to support strategic decisions?
In: Operations Management
Training and Development assignment.
Describe the usage of Computer Based Training (CBT) in McDonald's Company training programs.
Format
A i. McDonald's Company Background (Founder, date of establishment and number of franchisers)
ii. Discuss on the blending of Computer Based Training (CBT) with other training methods
iii. Explain the types of Computer Based Training (CBT) such as Program Instruction, Intelligent Tutoring Systems, Interactive Multimedia and Virtual Reality and give some examples.
In: Operations Management
Find a company that's been in business for less than five years and discuss the company's business model, product attributes, industry competition, leadership, mission statement, and the organization of the company.
In: Operations Management
Blair & Rosen, Inc. (B&R) is a brokerage firm that specializes in investment portfolios designed to meet the specific risk tolerances of its clients. A client who contacted B&R this past week has a maximum of $55,000 to invest. B&R's investment advisor decides to recommend a portfolio consisting of two investment funds: an Internet fund and a Blue Chip fund. The Internet fund has a projected annual return of 17%, while the Blue Chip fund has a projected annual return of 8%. The investment advisor requires that at most $25,000 of the client's funds should be invested in the Internet fund. B&R services include a risk rating for each investment alternative. The Internet fund, which is the more risky of the two investment alternatives, has a risk rating of 5 per thousand dollars invested. The Blue Chip fund has a risk rating of 5 per thousand dollars invested. For example, if $10,000 is invested in each of the two investment funds, B&R's risk rating for the portfolio would be 5(10) + 5(10) = 100. Finally, B&R developed a questionnaire to measure each client's risk tolerance. Based on the responses, each client is classified as a conservative, moderate, or aggressive investor. Suppose that the questionnaire results classified the current client as a moderate investor. B&R recommends that a client who is a moderate investor limit his or her portfolio to a maximum risk rating of 240.
(a) | Formulate a linear programming model to find the best investment strategy for this client. | ||||||||||||||||||||||||||||||||||||||||||
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If required, round your answers to two decimal places. If an amount is zero, enter “0”. If the constant is "1" it must be entered in the box. | |||||||||||||||||||||||||||||||||||||||||||
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(b) | Build a spreadsheet model and solve the problem using Solver. What is the recommended investment portfolio for this client? | ||||||||||||||||||||||||||||||||||||||||||
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What is the annual return for the portfolio? | |||||||||||||||||||||||||||||||||||||||||||
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(c) | Suppose that a second client with $55,000 to invest has been classified as an aggressive investor. B&R recommends that the maximum portfolio risk rating for an aggressive investor is 350. What is the recommended investment portfolio for this aggressive investor? | ||||||||||||||||||||||||||||||||||||||||||
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(d) | Suppose that a third client with $55,000 to invest has been classified as a conservative investor. B&R recommends that the maximum portfolio risk rating for a conservative investor is 150. Develop the recommended investment portfolio for the conservative investor. If an amount is zero, enter “0”. | ||||||||||||||||||||||||||||||||||||||||||
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In: Operations Management
Answer the questions about the top sport companies generalizing websites
evaluate quality of the creative and the strategic intent behind the work and answer the following questions:
- Who is the intended audience of the site?
- What makes the site’s creativity good or bad? Why?
- Evaluate the site as an element of adidas’s IMC
In: Operations Management
In: Operations Management
Hiring ethical job candidates has been a growing issue within HR departments. As a result, policies, and procedures need to be implemented to determine how to legitimize certain practices while being consistent. In this Bonus assignment, you are asked to find (research) best practices in hiring used by a company. In addition, write a (one page) white sheet explaining how these practices make sense by pointing out there strengths and weaknesses. Also, describe how some of the weaknesses could be strengthened.
In: Operations Management
When the Falcon Chemicals salesperson walked into the office of a company that uses chemicals in its manufacture of plastic molds, the buyer looked up and said, "I'm too busy to see any salesperson today." What type of objection did the buyer use? How should the salesperson respond?
In: Operations Management
Read the case below and answer the following questions.
In a large publishing company in New York, a young woman, Laura, was hired as a copy editor for one of the many journals produced by the company. Seven other employees worked on this team editing this Journal, including a senior editor named Tim. Laura had worked there for about a month when she and her fellow co-workers went for happy-hour after work. Everybody had a great time and had consumed a fair amount of alcohol. When everybody was leaving the bar to head home, Tim, who had been secretly attracted to Laura since she started work at the journal, hailed a cab and offered to share the ride with Laura. Laura accepted the offer. Once she was inside the cab, Tim then suddenly made an aggressive advance toward her. Horrified, Laura pushed him away and told him to get out of the cab. Mortified, Tim slinked out of the cab.
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The next day, Laura came to work with some apprehension. How would she deal with Tim? Would the cab incident affect her job? Although Tim did not supervise her, would he try to get her fired? Tim immediately went to her office and apologized for his extremely inappropriate behavior in the cab. Relieved at his apology, Laura decided not to pursue the matter through any formal channels in the office. She figured that since Tim apologized, there was no need to dwell on the incident. After all, Laura was a new employee, still in the process of learning the office politics and proving herself as being a competent editor. She did not want to rock the boat or bring negative attention to herself.
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Everything would have been okay if Tim had stopped at just one sincerely expressed apology. However, whenever he found himself alone with Laura, Tim apologized again. And again. He said he was sorry about the incident at every opportunity he had for three months. This constant apology was awkward and annoying to Laura. Ironically, by Tim apologizing continuously for his unwanted attention in the cab, he was foisting another form of unwanted attention upon Laura. When he first started apologizing, Laura told him that "it was okay". After three months of many apologies, she reached a point where she asked him to stop apologizing, to no avail. Frustrated, she confided in a few co-workers about her unusual dilemma. Consequently, these co-workers lost respect for Tim.
Although the cab incident was not common knowledge in the office, Tim sensed that others knew about it by the way they interacted with him. The incident became the office "elephant" that the employees "in the know" saw, but didn't explicitly acknowledge. Meanwhile, Laura was tired of hearing Tim apologize and her feelings of discomfort increased. So when another editor position opened up in another journal division of the company, she applied for the job and was transferred to the other journal. In her new position, she didn't have Tim bothering her anymore. But she was unhappy with her new job. The journal material was very boring. She didn't work as well with her co-workers as she did in the previous journal (excepting Tim). She realized that she really enjoyed her old job. She began to regret her decision to avoid the conflict with Tim by moving to the new job. In an effort to seek advice as to how to solve her problem, Laura decided to consult with the company ombudsman.
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Required:
Question: Propose a solution that the company ombudsman can offer through interpersonal intervention.
The solution should cover:
In: Operations Management