You are a companies' sales representative the company is an exotic rental car company in south florida called VIP rental exotic car write a 3 page sales presentation essay incoporating these steps
1. Introduction and Your Companies' history and background
2. Purpose of the presentation
3. Product/service information and knowledge
4. Features and Benefits ---- plus pricing and terms of sales
5. Solutions and challenges the product/service can help with and or eliminate
6. Actions: special deals, offers, terms, how the client can order the product/service
7. Follow up and services provided
In: Operations Management
Question 1
The core elements of the Growth Employment and Redistribution
(GEAR) strategy of the South African government in 1996, under the
leadership of the then finance minister Trevor Manuel were amongst
other things:
i) budget reform to strengthen the redistributive thrust of
expenditure
ii) monetary policy to prevent a resurgence of inflation
iii) a reduction in tariffs to contain input prices and facilitate
industrial restructuring, compensating partially for the exchange
rate depreciation
1.1 With reference to the above, identify the macroeconomic
objectives in these elements.
1.2 Identify and define the macroeconomic variables that can be
used to measure whether the strategy was successful or not.
1.3 With each tool in 1.2, provide a detailed explanation on how it
can be measured.
In: Economics
The site of a proposed north-south road will cut through the western side of a hill. The proposed cutting is 13 m high with a batter angle of 70 degrees. The site has been drilled by a single diamond drill hole. In the drill hole, 10 m of dolerite overlies 5 m of sandstone. RQD for the dolerite is 80% and RQD for the sandstone is 50%. There was 20 cm of core loss at 5 m and 40 cm of core loss between 9.6 m and 10 m. Core samples were sent off for UCS measurements and came back with UCS for dolerite = 150 MPa and UCS for sandstone = 80 MPa. What further information do you need to consider the stability of the proposed road cutting? Suggest both geophysical and geological techniques that you could use in your assessment and why they would be useful.
In: Civil Engineering
A local county in South Carolina is attempting to decide whether to improve the water quality of a nearby lake. An environmental economist consulting for the county is attempting to perform a cost-benefit analysis to determine whether improving the water quality would be a “good” thing. List at least three benefits and three costs that the economist should attempt to include or discuss in their analysis. Explain why each would be a cost or benefit and how we might attempt to measure each.
In: Economics
South Airlines purchased a 747 aircraft on January 1, 2019, at a cost of $35,000,000. The estimated useful life of the aircraft is 20 years, with an estimated salvage value of $5,000,000. Instructions
(a) Compute the depreciation for 2019 and 2020 using the straight-line method and the double-declining-balance method.
(b) under each method, what is the book value after two years on December 31, 2020?
In: Accounting
Highway Project Project
The Department of Highways in South Carolina was exploring ways to reduce the road construction costs and developed new contracting processes to allow the road builders to bring new ideas for cutting costs. On one project, the contractor proposed cost-cutting ideas throughout the life of the project. At each phase, the client accepted many of the ideas and then revised the budget. The client promoted the revised cost target of the project as an example of the success of the new process. By the end of the project, the final cost was less than 1 percent over the newest target. Although the total cost of the project was almost 10 percent less than the original cost projections and contract obligations, the success of the project was connected to the new expectations that developed during the life of the project. Even though this project performance exceeded the original goal, the client was disappointed.
Biotech Project
A biotechnology company developed a new drug that proved to have
a large market demand, and the team that developed the drug was
assigned to build a new manufacturing facility to produce the drug.
The project manager for the construction company that was awarded
the contract to build the manufacturing facility managed the
project effectively. Every request for a change in scope was
approved, and the result was a 20 percent increase
to the total cost of the project. On most projects, a 20 percent
increase in the project cost would be considered poor performance.
For the client’s project team, who were accustomed to complex
projects with a large number of unknown issues that increase the
final cost of the project, a 20 percent overrun in cost was not
unusual. Even though the project was 20 percent over budget, the
client was happy. Client satisfaction is often tied to expectations
about project performance. Identifying and managing those
expectations is a primary responsibility of the project
manager.
Discussion
What are the differences between the two projects? Identify the single most important difference between the two projects that affected client satisfaction. Suggest an approach to managing client expectations in the highway project that might have resulted in meeting or exceeding expectations rather than disappointment.
In: Computer Science
Using the facts presented in the article below, evaluate the success of Hungry Lion in South Africa and the region. 10 Marks
Marketing Management
The Continent’s Progressive QSR Player
Stellenbosch-based fast food specialist Hungry Lion has found
ideal footing for expansion over the coming years, owed to
optimised operations and an admirable outlook
Writer: Jonathan Dyble | Project Manager: Josh Hyland
Adrian Basson is a self-described Afro-optimistic. “There’s no
hiding from the fact that there are a lot of challenges in Africa,
but retail is a promising sector when it comes to facilitating
opportunities, creating employment and generally building a
business that can have a widespread impact,” he says.
“When you reach a remote town with an empty plot, the local
people don’t often have much. But as we’ve built new stores and
helped to launch new shopping centres, we’ve been able to not only
witness, but also facilitate the construction of new, thriving
ecosystems. We’re proud to be a business that contributes to the
success of these societies – I guess you could say we’re a
capitalist business with a socialist outlook.”
Basson, now CEO, became part of the Hungry Lion story in 2001
and has seen the company come a long way over the past two decades
to be the responsible, esteemed organisation it is today.
Having opened its first restaurant in South Africa in 1997, the
business today proudly operates a network constituting over 200
stores across South Africa, Lesotho, Swaziland, Botswana, Namibia,
Zambia and Angola, with over 4,000 Hungry Lion employees. Looking
at the bigger picture, however, such statistics only touch the
surface of what the brand is bringing to the region.
“In many ways I like to think that our product is an
afterthought in what we’re looking to achieve,” explains Basson.
“Yes, serving bigger portions, more chips and more smiles is key to
our operations, but it’s just one part of our overriding goal –
providing joy to our employees, customers and local communities
through food, served with passion.”
This ethos is relatively new to the firm, becoming more of a
core focus during the company’s major rebranding process that
kickstarted in 2014. Having originally been part of the Shoprite
Group, Africa’s largest food supermarket chain, Hungry Lion is now
a totally independent company in its own right with a unique brand
and character.
“In the beginning, we weren’t really building a brand,” reveals
Basson. “We purely sold chicken and chips at an affordable price on
a somewhat ad-hoc basis. However, we eventually found ourselves
with 100-plus stores, and with the economic challenges that came
around in 2008/09, we realised that stores without a brand, a
story, and an experience would fail to deliver in the long term. It
was a case of changing with the times and we invested a lot into
the design of our stores, our product quality and consistency,
together with the development of the brand itself.”
Since transitioning from being a business-centric to a
customer-centric brand, Hungry Lion has reaped the rewards with the
business undergoing stratospheric growth over the past few
years.
Adding a modern twist
Moving in this re-energised direction, strategy changes quickly
followed for Hungry Lion, evidence of which can be found in the
firm’s increasing use and the implementation of revolutionary
technologies.
Fast forward to today, the company now benefits from artificial
intelligence, automated system checks, cloud computing and live
dashboards – technologies which serve multiple purposes in the way
of driving the business forward. This together with an always
connected workforce, makes executing operationally so much more
efficient.
“I’ve always had a connection with technology,” Basson reveals.
“I used to work in the technology division of Compaq in London and
also formerly as the Chief Digital Officer of Shoprite for a
period. We live in an era where we can augment the people with
technology to do the repetitive stuff, so that they can focus on
the more human touches.”
In a space where most others in the fast food industry are
franchised and owner-managed, Hungry Lion is unique in the African
landscape, with almost all stores being fully-owned and managed
from its Head Office. This is where automated systems and clever
use of technology comes to the forefront in managing the business
over vast distances and across borders.
“With technology comes data and with data comes insight,” Basson
continues. “Using our systems, we’re able to see the performance of
each of our stores in real time, have an overview of customer
experience, and execute plans to fix problems at speed and scale.
These capabilities would never have been possible if we didn’t have
the right technologies in place.” With full visibility of
information comes accountability, since everyone can see what needs
to be done and if it was done. Transparency is a crucial merit of
these technologies, a cultural trait of Hungry Lion that is
accentuated in other ways.
Basson adds: “We have a network of area, country and regional
managers who act as an extension of our Head office in
Stellenbosch. Head office employees pay regular visits to different
regions to keep a finger on the pulse of local operations. Our area
and country managers, in turn, come to Head Office regularly for
updates to business processes, training, and meetings. This
constant exposure in both directions ensures that best practises
are shared and implemented to all stores quickly.”
Prosperous career planning
Combined with both these expansive technologies and a
transparent, remodelled structure, Hungry Lion recognises that its
staff are key to achieving the firm’s ongoing ambitions.
To this end, the company ensures that it provides extensive
benefits to its employees, bolstering its position as an employer
of choice and equally its talent retention capabilities.
Such initiatives include the introduction of E-learning
materials in five languages and the company’s live in-house
training platform from LessonDesk, a comprehensive new employee
assistance programme, access to affordable healthcare for employees
and more specialised and tailored training programmes.
What’s more, Hungry Lion has a strong focus on career planning,
testament to its culture of internal promotion.
“Typically speaking, joining a fast food business as the lowest
level of employee, the pay isn’t fantastic and it’s not uncommon
for these workers to have bigger aspirations,” explains Basson.
“What we’ve realised is you can either listen to and facilitate
these ambitions, or your workers will leave and look for
opportunities elsewhere. We like to pursue the former, providing
clear career paths for our inspirational and aspirational workers.
From cashiers to controllers to junior managers to regional
managers, and so on, this personal growth structure is in place at
Hungry Lion.”
A core part of the company’s ethos, providing key opportunities
to reward loyalty and ambition, Hungry Lion offers not just a job
but an all-encompassing opportunity to build a prosperous
career.
A sound, responsible outlook
Such a humble and grounded approach is not only applied
internally, but equally externally through a number of corporate
social responsibility initiatives.
These are built around Hungry Lion’s three-pillar CSR strategy,
with the organisation contributing towards hunger alleviation,
championing change in local communities and promoting skills
development.
Between February and March of this year alone, for example, the
company provided food for the attendees of a seminar addressing the
issue of domestic violence, pupils of an underprivileged primary
school during a field trip and fire fighters in the Western Cape,
while also supporting a Soweto children’s home and a local police
station’s cricket tournament for rural schools.
“It’s an element to our business that we take pride in,” reveals
Basson. “We like to show that we care for our communities,
customers and especially our employees and their families. There’s
a lot of need in Africa from a poverty standpoint and being in the
food business we’re able to help local communities in addressing
such issues. I wouldn’t say we have a set agenda – ad hoc
opportunities arise, and we react accordingly in each of the
locations that we’re based, helping to give people a sense of
purpose and promote skills of local communities.”
Asked about a particular such initiative that springs to mind,
Basson is quick to highlight the company’s efforts in supporting
the Zambian people during a cholera outbreak at the beginning of
2017.
He continues: “We immediately lowered the prices of our food,
ensuring people could get nutritious, safe and affordable food, we
donated money to the government that was used to help with the
clean-up process. We even provided sanitation kits to our staff,
helping them clean their own living environments to ensure their
family’s health.”
Having developed a culture that is firmly centred around
providing benefit to all people, whether it’s supporting local
communities or providing unrivalled, progressive career
opportunities, Hungry Lion’s outlook is unique and
admirable.
Opportunity is a word that is creating an atmosphere of
excitement within the company at the moment, with continued
expansion firmly on the table for Hungry Lion after experiencing
double digit percent organic growth over the past two
years.
“We’ve set 20 new stores as a benchmark, but realistically this
is a ball-park figure on the conservative side,” reveals Basson.
“If we can open 50 stores then we’ll do it – if we find a good site
where we can profitably trade, we will open. There aren’t any
specific limitations.”
New systems and optimised procedures in place, last year’s
corporate action, focus on organic growth, and consolidation
allowed Hungry Lion to not only transition into independence, but
equally provided the platform for the company to gear up for full
throttle expansion over the coming years.
“We’re realistic at the same time,” Basson continues. “We understand that we cannot conquer the whole continent in 2019 or 2020, but the plan is to grow as fast as possible. Africa has around 1.2 billon people but in the next three decades this number will double. Further, there are 54 countries across Africa, countries that we know we’ll have a good chance of being able to expand into, whether it be through franchises, joint ventures, or other kinds of partnerships. The opportunities are immense, and I feel our business is a prime example as to why it’s a great time to be investing on the continent right now. I just hope that others will come and join us in the fun!”
In: Operations Management
Problem 2
Incheon International Airport (ICN) is the entrance to South Korea as well as a connection hub for many cities in South Korea and other Asian countries. The airport’s top management is considering several proposals to expand the capacity of the check-in process. To better evaluate these proposals, the management asks you to identify passenger composition and the main resources in order to compute the current capacity at the airport. There are four groups of passengers as described below:
• Group A (international passengers with luggage check-in): 50% of the passengers
• Group B (international passengers without luggage check-in): 5% of the passengers
• Group C (domestic passengers with luggage check-in): 30% of the passengers
• Group D (domestic passengers without luggage check‐in): 15% of the passengers
There are four resources: self-service kiosks, kiosk agents, ID/Passport check, and security check. All passengers first need to check-in at the self-service kiosks. Then all international passengers continue to the kiosk agent to have their passport scanned and to check their luggage (if any). Any domestic passenger who needs to check luggage also proceeds to the kiosk agent to get the luggage tag and complete the check-in process. All the passengers then proceed to the ID/Passport check point and finally go through the security check before proceeding to the boarding gate.
However, the time required for each of these activities varies
depending on the group of the passenger. All of the following
activity times are expressed in minutes per passenger (assume the
information is steady throughout the day):
| Resources (min/passenger) | ||||
|---|---|---|---|---|
| Passenger Group | Self-service kiosk | Kiosk agent |
ID/Passport check |
Security check |
| A | 7 | 4 | 2 | 5 |
| B | 7 | 2 | 2 | 6 |
| C | 2 | 1 | 1 | 3 |
| D | 2 | 0 | 1 | 3 |
• There are 10 self-service kiosks.
• There are 5 kiosk agents working to help the passengers.
• At the ID/Passport checkpoint, there are 3 airport personnel.
• In the security check area there are 6 security checkpoint agents with metal detectors and security screening.
You are asked to find the capacity of the system in passengers per day. Please assume that the selfservice kiosks and all employees work 8 hours per day. a
a. What is the average capacity for each of the four resources at the airport in total number of passengers per day assuming the stated mix of different groups of passengers given above? Which of the four resources is the bottleneck? What is the system capacity in total number of passengers per day?
b. Passengers are complaining that the check-in process takes too long. Compute the resource utilization for each of the steps assuming the stated mix of different groups of passengers given above.
c. To resolve passengers’ complaints, the management is planning to add three new security checkpoint agents. With this modification, what will be the bottleneck resource and the total system capacity? Again, compute the resource utilization for each of steps assuming the stated mix of different groups of passengers given above.
In: Operations Management
What amount of energy, in kJ, is released when a mole of Co-57 undergoes electron capture? Recall that 1 J = 1 kgm2/s2.
mass of nucleus Co-57: 56.93629 amu
mass of nucleus Fe-57: 56.93539 amu
mass of electron: 0.000549 amu
In: Chemistry
Classify each of the following coordination compounds according to the coordination number.
[CuCl2]-, [AlCl4]-, [Cr(CO)6], [Ag(NH3)2]+, [HgI3]-, Ba[FaBr4]2, K3[CoF6], [Fe(CO)5]
The oxidation state is for the central metal atom in [Ni(CN)5]3–.
In: Chemistry