Question

In: Economics

Read the following scenario and answer the question in 5–10 sentences. You are the manager of...

Read the following scenario and answer the question in 5–10 sentences. You are the manager of a medium-sized paper sales company. The paper market has been stagnant for the last several years. Therefore, you are analyzing the possible restructuring of your current staff to help improve efficiency and the quality of your services. Specifically, the supplier purchases team needs a fresh evaluation. Currently, Keeler Pansing is a rising star, known for her keen eye for determining the superiority of paper and finding great values. Her attendance of outside training and obtainment of multiple certifications in paper purchasing are primary contributors to her success. The present lead purchaser, Katie Lackey, has held the position for the last ten years and, at the age of 57, is 20 years Keeler's senior. Katie has always performed satisfactory work, but you feel that Keeler would give you an edge. Would you be concerned with making any changes in the purchasing group?

Solutions

Expert Solution

With the given scenario, certain changes definitely need to be made. This is to improve efficiency and the quality of the services. Keeler can be replaced with Katie for favorable outcomes. This is because Keeler is known for her keen eye for determining the superiority of paper and finding great values. She also has training and obtainment of multiple certifications in paper purchasing which act like a bonus point for her. Since she is younger than Katie, she has more knowledge and exposure to the new technologies and know hows of new methodology in the business than the others. To maintain the quality and improve efficiency, such young minds are required to work harder and put to efficient use.

On the other hand, Katie can be given some other work as she's been involved with the company for so long and would be comfortable with other sort of work as well. She can be assigned other important works related to the business so that her experience and knowledge with the company is not wasted. Though there would be some concerns regarding the changes in the purchasing group, it would in the end be profitable for the company.


Related Solutions

Read the following scenario and answer the question in 5-10 sentences. You are an adult friend...
Read the following scenario and answer the question in 5-10 sentences. You are an adult friend of a sixty-five year old male, James, who lives next door. James is friendly and kind to you and your family. James has become increasingly forgetful of facts and names lately and you once found him lost in another part of your familiar neighborhood. On the other hand, James has significant periods of mental clarity, living independently and performing complex mental tasks. For example,...
.Read the following scenario and answer the question in 5-10 sentences. You work for a soda...
.Read the following scenario and answer the question in 5-10 sentences. You work for a soda shop that is known for producing original soda recipes, where flavored syrups are added to different types of soda to create particular flavors. One example might be German Chocolate Cake, made by adding coconut, pecan and chocolate flavors to a particular brand of soda. You offer your sodas "regular" or "grungy." A grungy soda has heavy cream added to it to enhance the flavors....
Read the following scenario and answer the question in 5–10 sentences. In December of 2004, the...
Read the following scenario and answer the question in 5–10 sentences. In December of 2004, the company you own entered into a 20-year contract with a grain supplier for daily deliveries of grain to its hot dog bun manufacturing facility. The contract called for "10,000 pounds of grain" to be delivered to the facility at the price of $100,000 per day. Until February 2017, the supplier provided processed grain which could easily be used in your manufacturing process. However, no...
Read the following scenario, and answer the question as completely as possible. A driver accidentally backs...
Read the following scenario, and answer the question as completely as possible. A driver accidentally backs his car into a man's leg above the knee. The man falls to the ground, yelling in pain; he then becomes confused, and has cool, clammy, and pale skin. What should you do?
Read the following scenario and respond to it as a risk manager. Mr. And Mrs. Watros...
Read the following scenario and respond to it as a risk manager. Mr. And Mrs. Watros came to the Memorial Hospital for the delivery of their first child. While Mrs. Watros was in labor, the couple had to wait for nearly two hours to get a room. During that time, no hospital nurse attended to her. As the waiting room was full of patients, an exhausted Mrs. Watros sat on the floor. Mr. Watros reported this to a nurse. The...
Our choices. Instructions: Answer the following questions in a minimum of 10- 8 sentences. Journal Question:...
Our choices. Instructions: Answer the following questions in a minimum of 10- 8 sentences. Journal Question: Take time to reflect and avoid using vague statements. I want to challenge you to dig a bit deeper. #1. Reflect and describe one of the best or worst choices you made in life. #2. Reflect and answer: Why did you make that choice? What have you learned? If you would change anything what would it be? Reflect ONLY: Buried inside that choice is...
Our choices. Instructions: Answer the following questions in a minimum of 10- 8 sentences. Journal Question:...
Our choices. Instructions: Answer the following questions in a minimum of 10- 8 sentences. Journal Question: Take time to reflect and avoid using vague statements. I want to challenge you to dig a bit deeper. #1. Reflect and describe one of the best or worst choice you made in life. #2. Reflect and answer: Why did you make that choice? What have you learned? If you would change anything what would it be? Reflect ONLY: Buried inside that choice is...
Read the scenario below and answer the question that follows: George Richard is a farmer who...
Read the scenario below and answer the question that follows: George Richard is a farmer who is also a skilled metal worker. He makes unique garden sculptors that could earn him R400 per hour. One day he spent 10 hours planting R5 000 worth of seeds on his farm. 2.2.1 Measure George’s opportunity cost. (4) 2.2.2 Determine the cost that is measured by his accountant. (4) 2.2.3 If the seeds George planted yield R10 000 worth of crops, argue the...
Read the scenario then answer the question: When Ahmad and Amina decided to get married, they...
Read the scenario then answer the question: When Ahmad and Amina decided to get married, they were worried that their coming children might suffer from Sickle cell disease, since Amina’s mother had the disease. But the doctor made things clear …. DOC: “Unfortunately Mr. Ahmad after tracking your family’s genetics you might be carrying the recessive allele for the disease so there is a 25% chance your children might be anemic. “ PARENTS: “ So does that mean that 25%...
Read the scenario and then answer the question that follows. Recology CleanScapes, formed when CleanScapes of...
Read the scenario and then answer the question that follows. Recology CleanScapes, formed when CleanScapes of Seattle merged with San Francisco–based Recology, provides recycling services to about 800,000 residential and commercial customers in four western states. The employee-owned company’s motto is “WASTE ZERO,” and it is an industry leader in the waste reduction and recovery industry. Recology CleanScapes has credited much of its financial success, low employee turnover, and high customer satisfaction to open-book management. If you were hired as...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT