Instructions

Write a post for the Discussion Forum on this topic, addressing the questions below. You may use either a written paragraph or bullet-point format. Part 1 should be 2–3 paragraphs in length or an equivalent amount of content in bullet-point form. Responses to your classmates’ posts should be 1–2 paragraphs or several bullet points in length.

Part 1: Product Strategy is about Louis Vuitton Company handbags

Briefly describe your product or service. Where is it in the product development life cycle? What recommendations do you have for improving the offering to fit your target market’s needs? Be sure to consider the following:

• What level of quality and consistency does the offering have?

• How many features does it have and can they be removed or added?

• Does the design and/or service deliver what the customer values? If not, how can it improve?

• What improvements would help your offering compete more effectively?

Part 2: Respond to Classmates’ Posts

After you have created your own post, look over the discussion forum posts of your classmates and respond to at least two of them.

Sony Music Publishing Company wants to decide the price of Saylor Twift’s next album. The company conducted a survey of 1000 customers to estimate the willingness-to-pay (WTP) of the customers. The following table summarizes the results of the survey:

a) If Sony decides to charge the customers $18.99 per album, then what will be the revenue per 1000 potential customers?

b) What is the best price to maximize the revenue?

1. What, exactly, are “inventories”? What are the three ‘types,’ or areas, of inventories? 2. Why does a firm hold inventories? In theory, why did that hypothetical car company hold 400,000 cars?? Please discuss three reasons. 3. If our sales volume jumped wildly from month to month, why would it be difficult to match production volume with sales volume each month? 4. What will happen to our “400,000 cars, produced but not yet sold” inventory if, in theory, interest rates were to double, from, say, 10% to, say 20%? Why?

A bakery buys flour in 25-pound bags. The bakery uses 1,215 bags a year. Ordering cost is $10 per order. Annual carrying cost is $75 per bag.

You have calculated an EOQ of 18 bags. At that quantity your supplier's sales price is $4 per bag

The supplier tells you that if you buy in quantities of 25 bags, you will only have to pay $3.75 per bag

If total cost is your primary concern, should you buy in quantities of 25?

Group of answer choices

a) No, because the non-discounted price is $5,480

b) Yes, because the discounted cost is $5,980

c) Yes, because the discounted cost is $5,480

d) No, because the non-discounted cost is $6,210

Discuss potential problems with downsizing as an organization’s first response to a need to cut labor costs.

Information Security and Standard Organizations

-Find two movies or tv shows and describe three different information security aspects that appear in them.

-What are the main organizations of information systems and what are the codes of ethics of these organizations?

-What criteria can be used to evaluate the quality of an information security system?

Describe manufacturing technology and service technology and provide at least one example of each. Assume that you were a manager in each type of business and describe how you would utilize or how your workers would utilize each type of technology.

Based on your own real-life experience, select a product or service that you are familiar with and describe how it meets (or does not) meet each of the eight dimensions of quality. Also explain how this type of information could assist you as a manager who is responsible for managing the performance and quality for a similar product or service.

Address one of the following questions in the discussion. Choice one: Describe each of the four methods or approaches given in the Compensatory model used for final selection decisions. Then, in your own words, describe the pros and cons of each. Choice two: Describe the Multiple Hurdles predictor method of selection – What advantage do you see in this method compared to those given in the compensatory methods explained in your text?

Do you think traditional media like newspapers will die in the future and it will be replaced by social media?

Describe the structured interview. What are the characteristics of structured interviews that improve on the shortcomings of unstructured interviews? Develop one original situational question and an accompanying rating scale using benchmark responses with assigned values to be used in a structured interview. Be sure to note the task you are targeting for the job.

This essay is general in nature and is aimed at assessing the students’ understanding of key concepts related to strategic planning and management, focusing on the importance of the process of designing vision, mission and value statement for an organization, the role of objective setting (long-term objectives and their organizational benefits) in the process as well as the stages of developing strategic plans, focusing mostly on strategy formulation and implementation.
On the theoretical level, students are expected to express their agreement or disagreement with the views in the literature based on their professional experience. On a more practical level. using the ‘Comprehensive Strategic-Management model (David 2013, students are encouraged to interpret the stages through examples from their own organizations. The essay should conclude with an original summary of the theoretical discussion, highlighting the key lessons learned from theory in light examples presented.

(1000 words )

Identify at least three areas in a typical supply chain where RFID could be used to improve efficiency. For each area identified, you need to explain: What type of inefficiency is likely to occur and how much (reasonable estimate based on available data) would it cost the supply chain member? How would RFID improve or reduce this inefficiency?

Some methods of initial assessment appear to be more useful than others. If you were starting your own business, which initial assessment methods would you use and why? Be sure to reflect your knowledge of ideas presented in Chapter eight as you develop your own suggestions. Keep in mind the necessity of being able to measure assessments.

Discuss the causes of channel conflict as identified by Berman (1966), and explain how "clothing bank charity" resolves channel conflict