You are the CEO of a small Canadian online company selling organic energy bars that just started expanding into the United States. You are working on your strategic implementation plan. Please fill in the template below with examples that make sense in your current situation. Your budget is $2M.
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Vision: |
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Strategy Implementation Plan
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ACTION PLAN |
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Lead Person/ Organization |
Anticipated Product or Result |
Planned Progress |
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Objective #2: |
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ACTION PLAN |
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Resources Required |
Lead Person/ Organization |
Anticipated Product or Result |
Planned Progress |
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Measures/Indicators/KPIs |
Targets |
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Frequency |
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GOAL # 2: |
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Objective # 1: |
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ACTION PLAN |
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Planned Progress |
In: Operations Management
For this assignment you will read the scenario below: You are the President of the United States, and your first term ends in a year. The cost-control mechanism you instituted 2 years ago, based on patient cost sharing and managed competition, has not worked, and the American people are upset about persistent health care inflation. You are preparing for a major television address on health care costs. Based on this scenario you will develop a 10-12 PowerPoint that includes the following:
1. A definition of patient cost sharing and managed competition. What are these practices and what is the expected outcome?
2. An explanation of whether these strategies are considered ‘painful’ or ‘painless’ cost controlling mechanisms (answer Only 2)
3. A proposal on either the expansion of current cost-sharing programs and more regulations to control costs or the elimination of the two current control mechanisms in favor of new ones.
In: Economics
1. The greenwood hotel invested a single amount of 100,000 at 8% for 10 years. Assume annual compounding. A. How much interest will be earned over the first five years? B. How much interest will be earned over the last five years? C. What will be the total amount of the investment after 10 years?
In: Accounting
Needs to document an amusement park ride. For example: Round
rotating cylinder where the floor drops out. The information can
come from any online website. Needs to know the radius and speed at
which the ride needs to rotate so that you don't fall?
Calculate the coefficient of static friction for this ride
also
In: Physics
Based on recent data, there are on average 1.3 days per winter where snowfall reaches more than 6 inches in Central Park, New York City. We’ll call these “snow days”.
Assume that there were more than 2 “snow days” this winter. What is the chance that exactly 4 such days occur?
In: Statistics and Probability
A tourist from the US spends three nights in a hotel in Amsterdam Which statement(s) is (are) true?
a. This increases GDP of the Netherlands and decreases net exports of the US.
b. This increases GDP of the Netherlands and increase consumption of the US.
c. This increases consumption of the US, but decreases net exports of the US.
d. All of the above are correct
In: Economics
The food and beverage department and its housekeeping counterpart employ the vast majority of the employees in a full-service hotel. These departments are very labor-intensive because it is not practical to use technology to replace human workers in these areas. To what extent do you think technology will replace employees in the food and beverage department in the future? Why?
In: Operations Management
In the list below tell me whether it’s a private good, public good, common resources or club resources. Explain.
Fish in Beaverkill stream in Roscoe NY
NYC Central Park
NYC water from the Catskill Mountains
Basic research on cancer drug
Radio broadcasting system
Cable television signals
In: Economics
Please answer each question in 350-500 words.
How have you observed/experienced diversity in the work place(Marriott Hotel)? This can be co-worker to co-worker, co-worker to guest, etc. These different groups include male/female, ages, sexual orientation, race, socioeconomic status, etc.
In: Operations Management
Caesars Palace® Las Vegas made headlines when it undertook a $75 million renovation.
In mid-September 2015, the hotel closed its then-named Roman Tower, which was last updated in 2001, and started a major renovation of the 567 rooms housed in that tower. On January 1, 2016, the newly renamed Julius Tower reopened, replacing the Roman Tower. In addition to renovating the existing rooms and suites in the former Roman Tower, 20 guest rooms were added to the Roman Tower. With the renovation completed, Caesars expects the Julius Tower room rate to average around $149 per night. This increase, a $25 or 20.2% increase, reflects, in part, the room improvements. Assume that the annual fixed operating costs for the Julius Tower in Caesars Palace® Las Vegas will be $5,000,000. This amount represents an increase of $200,000 per year compared to pre-renovation. Also assume that the variable cost per hotel room night after the renovation is $27; before therenovation, the variable cost per room night was $20. The contribution margin per room night after the renovation is $122; before the renovation, the contribution margin per room night was $129. The average hotel occupancy rate, in 2014, for Caesars Entertainment Corporation was 91.2%, according to its 2014 Form 10-K. By comparison, the average hotel occupancy rate in Las Vegas overall, for that same time period, was 86.8%, according to Stastia.com.
1. if Caesars has a target profit of $15,000,000, how much sales revenue does the company need to make to achieve its target profit? (Round interim calculations to the nearest whole percent and/or dollar. Round your final answer to the nearest whole dollar.)
A. $42,153,444
B. $29,845,345
C. $24,390,244
D. $15,852,843
2. If Caesars has a target profit of $15,000,000, how many rooms must the company occupy throughout the year in order to reach its target profit? (Round your answer up to the nearest whole room.)
A. $240,385
B. $134,229
C. $1122,951
D. $163,935
3. What is each room's contribution margin after the renovations?
A. $104
B. $122
C. $97
D. $129
In: Accounting