1. On the Basic- Ford Motors
a. We have said that strategic management is an evolution and a destination. What does this mean? Discuss in detail.
b Provide three examples of how ford motors is or is not a ‘strategic management’ firm.
In: Operations Management
In: Psychology
Multiples of 2 and 3: write a c++ program Using a while loop, write a program that reads 10 integer numbers. The program shall count how many of them are multiples of 2, how many are multiples of 3, and how many are NOT multiples of either 2 or 3. The output should be similar to the one shown below.
In: Computer Science
about company, the purchasing operation 4 hours are need to process a purchase order, regardless of the quantity purchased. Salaries in the Purchasing Department average 12 dollar per hour, including employee benefits. a detailed analysis of 30 previous purchase orders showed that 400 dollar was spent on calling , paper, and other consumables directly related to the ordering process and a holding cost of 15%
annual demand is 6000 units, and the plant operates 240 days per year, the company has a contract to purchase from the supplier at a cost of 40 dollar per unit, and it is using a policy of replenishing its inventory of compressors once a month.. Service level indicate that 0.7 stockouts per year is acceptable
1_find reorder cost ?
2_ find current annual total inventory cost under the company’s current policy
3_Find the optimal order quantity.
4_How much safety stock is recommended for the company to carry?
5_find optimal total annual inventory cost?
6_ How much savings does the Company achieve by implementing the optimal policy?
In: Operations Management
Based on Article below,Discuss the promotion mix for IKEA in Russia and its effectiveness. How would you improve it?
(word limit: 300)
IKEA is a leading home furnishing company with around 340 stores in 40 countries, selling a range of some 10’000 articles and having more than 150’000 employees. The company was founded in 1943 by Ingvar Kamprad in Småland, a province in Southern Sweden where people are renowned for working hard, being thrifty and innovative, and achieving big results with small means. Today, the IKEA group is controlled by a private foundation and the company is thus not on the stock market. Ingvar Komprad’s innovative idea was to offer home furnishing products of good function and design at prices much lower than competitors by using simple cost-cutting solutions that did not affect the quality of products. This is a prominent philosophy at IKEA, which is now realizing its ambitious plans in Russia. IKEA opened its first store in Moscow, Khimki, in March 2000, followed by one more in Moscow in 2001, one in St Petersburg in 2003, and one in Kazan in March 2004. In 2012, IKEA had 14 stores in Russia and some of them in distant places such as Novosibirsk (2007) and the newest ones in Ufa (2011) and Samara (2012). All Russian operations are controlled as fully owned ventures by the IKEA group. IKEA is characterized by a strong brand based on its vision to create a better everyday life for many people. A set of explicit values is linked to the vision and plays a guiding principle in the strategy development. The values are the foundation of a culture called internally the ‘IKEA Way’, which is an expression of lKEA's history, the product range, the distribution system, the management style, the human resource idea, etc. Brand and cultural values coincide and affect the strategy, organizational processes product development and customer relationship. Thus the key value of cost-consciousness that lies at the heart of IKEA's flat-package concept dictates the necessity of global sourcing, define the customer relationship where 'IKEA does a half and customers do a half' and guides the product design, choice of material and logistics. The value of simplicity is reflected in the fast planning process, behaviours and routine governed by common sense, straightforward relationships with suppliers and customer as well as in the product development process. By linking vision and values, IKEA thus create a firm platform for entering a new market. In each new market lKEA enters it must recreate its company culture from scratch. In Moscow that included the replication of the store design and layout in accordance with the latest version of the existing store and extensive cultural education that was implemented by the team of experienced IKEA people. It was the overall company vision that guided the desire to establish business in Russia; most particularly, the impression that few companies in Russia focused on solving the needs of the many people by offering attractive products at reasonable prices. However, knowledge of the Russian market when IKEA initially decided to open its first store in Moscow was very scarce. No special market research was carried out before setting up the store. IKEA’s basic strategy is to neither adjust the style of products to local needs nor follow the competitors’ products development was central as the cornerstone in preserving the IKEA concept and image: ‘The range is supposed to be IKEA – unique and typical IKEA’. All products are divided into four major categories or styles – Scandinavian, Country, Modern, and Young Swede – which are clearly distinguished in all business areas across the store. One of the reasons why IKEA was successful with its standard product ranges in Russia was the fact that several of these IKEA ranges emphasis the modern style, which is very different from the traditional Russian style but is attractive and fresh for the Russian customers because it symbolizes change. An important factor in the market approach was to identify needs that are not fully recognized and to teach customers what IKEA is about. IKEA's retail proposition is based to a large extent on its Swedish roots and history, which is, in turn, very different from Russian traditions. Therefore, learning as much as possible about the local culture and customer needs was considered essential. For example, IKEA made home visits to customers to talk to people, see how they lived and used their homes and to identify potential needs and wants not fully acknowledged by customer themselves. Understanding local family conditions and furnishing traditions then provided a basis for the effective introduction and marketing of the IKEA concept. As exemplified by a store manager, the main priority for Russians is normal living costs; then comes the car and TV; and afterwards maybe a trip abroad. The idea of changing people's priorities by explaining to them that a beautiful home does not have to cost a fortune and they can afford both the wardrobe and a trip abroad is an essential leitmotif of the marketing campaigns in Russia. The importance of aligning the IKEA concept with the desired image was critical from the very beginning. The intention was to build an image with a low price brand that also guaranteed attractive and modern products of good quality. To achieve this, IKEA has faced many challenges such as: high customs fees; the requirement to purchase more from the local producers; difficulties in finding and developing suppliers in Russia; still low buying-power of Russian customers etc. For IKEA, it was critical to associate the low price with the desired significance. An increased capacity and bigger volumes by the Russian suppliers will allow the company to cut costs and reduce prices in Russia as well as to export the Russian made furniture to its other markets. As a matter of fact, IKEA prices are still very high for many ordinary Russians. For example, even in St Petersburg, the second-largest city, shopping power is, according to different estimate, 30 to 50 per cent lower than in Moscow, where an average purchase value equals that in Stockholm. But for Russian customers low price was very strongly related to unattractive products of poor quality, and one challenge has been to overcome this and explain how it is possible to offer good product at low prices. Therefore, it has also been an ambition to provide the Russian market with the best and most attractive IKEA products. Marketing communications became an important tool in creating the right image of IKEA in Russia. The ways to communicate the image were many: the outdoor product ads (price), image ads in the glossy magazine, TV (though IKEA has used this very restrictively due to high cost), and articles in the newspapers (press coverage has become very broad and quite positive towards the IKEA culture and philosophy). Another very important communication means in Russia is the buzz network or word-of mouth communication that works very effectively. In addition, IKEA had an open and friendly approach towards Russian journalists. This was in sharp contrast to most other large organizations. IKEA was completely open to the journalists and introduced them to the IKEA way and values by organizing press trips to Älmhult in Sweden to learn how the range is created. The result was that the press coverage of IKEA in Russia became much more positive. In the spring of 2009 IKEA thus had 11 stores operating in Russia. Most of these locations were mega mall shopping complex operated by IKEA. The shopping complex at the Tyoplyi Stan site in Moscow for example accommodate around 210,000 square meters of retail space and 240 retail outlets. The mega malls were treated as a separate business, and were an addition to IKEA's core concept. Normally, IKEA does not manage or develop shopping centres but this was considered necessary in Russia due to its lack of an existing structure of large branded stores and external as well as central shopping centres of a Western kind. Previously, many Russians have shopped for furniture as well as other products in outdoor markets or at smaller, local stores. From IKEA’s perspective developing a whole mega mall was part of attracting Russian customers to the stores. As a whole, IKEA has made substantial investments in Russia, and turnover is increasing rapidly. However, a major principle has been that monetary returns are needed to back up further expansion: ‘As soon as we make a profit, I can see at least ten years ahead when we will need all the money that is generated in Russia. So, the day when we will start to take out profit from Russia and use it in other countries is perhaps 15 years away'.
In: Operations Management
Medication |
Classification: Therapeutic(T) Pharmacologic (P) |
Indications/ Action |
Adverse Reactions/ Side Effects |
Contraindications/ Precautions |
Route/ dosage |
Nursing Implications: Assessment Implementation |
Famotidine |
T: prevention of heartburn P: histamine-2 receptor antagonist |
R:Intravenous D:20 mg |
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Lisinopril |
A: |
R: oral D:20 mg daily |
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hydrochlorothiazide, |
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pneumococcal vaccine |
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sodium chloride |
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oxycodone |
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In: Nursing
In C++, please build a simple Distance Vector program that will communicate with N partners and do the following. (NOTE: All connections between a server and clients should be TCP/IP socket.)
In: Computer Science
Reflection on the complex subject of creativity, discovery, and innovation, what do you project for future challenges, trends, and opportunities for organizations? Will organizations embrace innovation or revert to production? Should they and will it be done the same as now or in a different way? Where are we going when it comes to being an innovative society? Support at least one of your ideas with one academic reference, appropriately cited.
In: Operations Management
Question 195 pts
___________ is the strategy a firm follows when it sells the same product or service in all of its international markets.
a. |
Convergence |
b. |
Universalism |
c. |
Standardization |
d. |
Customization |
e. |
Franchising |
Group of answer choices
E
A
C
D
B
Flag this question
Question 205 pts
China has a comparative advantage in that
a. |
it offers a low labor cost. |
b. |
it has a high amount of water resources. |
c. |
it has an abundance of coal. |
d. |
it manufactures electricity using nuclear energy. |
e. |
it has a high amount of oil reserves. |
Group of answer choices
E
C
A
D
B
Flag this question
Question 215 pts
International franchising is generally used in manufacturing industries whereas international licensing is used mostly in service industries.
Group of answer choices
True
False
In: Operations Management
. What is a campaign proposal? Why and for whom do we write them? Discuss as many uses as possible. Next, identify the elements that appear in a campaign proposal, how it should be organized, and how PR practitioners use it to guide their work. And since messages are an important part of any campaign, explain how messages should be constructed, written and effectively used
In: Operations Management
Discuss modern trends in local area networks?
In: Computer Science
This an American History question:
What were some main events in the post-Civil War Era that might enable us to draw a straight line to the Progressive Era?
Who was included in this vision of Progressivism and who was left out? Why?
In: Psychology
(b) Use consumer theory (budget constraints and indifference curves) to drive (show graphically) and explain an individual’s demand curve for a commodity (show how a change in price causes a movement along the demand curve).
(c) Use indifference curves and budget lines to show graphically and explain the expansion path for two normal goods and for a normal good and an inferior good as income changes.
In: Economics
2. Write python code for the below instructions (don’t forget to use the keyword “self” where appropriate in your code):
A. Define a Parent Class called Person
a. Inside your Person class, define new member variables called name, age, and gender. Initialize these variables accordingly.
b. Define the constructor to take the following inputs: name, age, and gender. Assign these inputs to member variables of the same name.
B. Define Child Class called Employee that inherits from the Person Class
a. Inside your Child class, define new member variables called title and salary. Initialize these variables accordingly.
b. Define the constructor to take the following inputs: name, age, gender, title, and salary. Assign these inputs to Class member variables of the same name. Note, you will need to specifically call the Parent constructor method inside the Child constructor, passing the appropriate inputs to the Parent constructor.
C. Instantiate an Employee object called George with the following inputs: name = “George”, age = 30, gender = “Male”, title = “Manager”, and salary = 50000.
D. Print out the object’s name, age, gender, title, and salary in one print statement to the console window. Your output should look like:
“George's info is: Name is George, Age is 30, Gender is Male, Title is Manager, and Salary is 50000”
In: Computer Science
1. When an inductor is connected to a 60.0 Hz source it has an inductive reactance of 54.4 Ω. Determine the maximum current in the inductor (in A) if it is connected to a 46.0 Hz source that produces a 120 V rms voltage.
An inductor (L = 360 mH), a capacitor (C = 4.43 µF), and a resistor (R = 460 Ω) are connected in series. A 50.0-Hz AC source produces a peak current of 250 mA in the circuit.
(a) Calculate the required peak voltage ΔVmax.
(b) Determine the phase angle by which the current leads or lags the applied voltage.
magnitude | ° |
direction |
---Select--- leads lags |
3. An AC voltage of the form Δv = 100 sin 1 000t, where Δv is in volts and t is in seconds, is applied to a series RLC circuit. Assume the resistance is 375 Ω, the capacitance is 4.50 µF, and the inductance is 0.500 H. Find the average power delivered to the circuit.
In: Physics