if a company wants to compete on flexibility, what do they need to do? write a short paragraph.
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if a company wants to compete on flexibility, what do they need to do? write a short paragraph.
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- What is optimization? How does it blow up the myth about profit being a result of a mere increase decrease interplay between cost and revenue?What are the differences between tangible and intangible resources? Why is it important for decision makers to understand these differences? Are tangible resources more valuable for creating capabilities than are intangible resources, or is the reverse true? Why?Let’s assume you are the new full-time manager that the school has hired to take over running the wellness center and create 2 new programs to bring in more students/faculty to use the facilities. You’ve been given permission and budget to hire 2 assistant managers, 1 personal trainer, 2 employees (desk attendant/operations/floor coverage for safety) and 2 student workers (desk/attendant/operations). You need to create a proposal to give to the school on ways to improve the wellness center. Job Descriptions: Manager Qualifications Certifications if any Responsibilities Position Requirements Job Summary Assistant Manager Qualifications Certifications if any Responsibilities Position Requirements Job Summary Personal Trainer Qualifications Certifications if any Responsibilities Position Requirements Job Summary Employee Qualifications Certifications if any Responsibilities Position Requirements Job Summary Student Worker Qualifications Certifications if any…
- Let’s assume you are the new full time manager that the school has hired to take over running the wellness center and create 2 new programs to bring in more students/faculty to use the facilities. You need to create a proposal to give to the school on ways to improve the wellness center. What equipment is necessary to add to the wellness center? (AED, CPR certification for all employees?) What else would you want to add to the wellness center? How much would they cost? Please list out the costs ( ex: 3 treadmills: $ 3000/treadmill = $9000, Fresh towels: 25 towels at $3/each = $75) Use your imagination here. What would make the wellness center inviting? New Tvs? Towels? Better equipment? Music system? Outdoor classes that need equipment? You have to use the space you have but be creative! You have $25,000 ! Spend it! You will need to search for this information online. Please be sure to include references from where you found your costs. New Proposed Equipment: Item…If 30 percent of the patrons eating at your restaurant say they won’t eat there again, what are 2 steps would you take to define the problems that need to be solved, measure the relevant performance variables, and then analyze the root cause of the problems?Exercise: You need to fly from one city to another. You can take airline A or B. Considering the data provided, which airline should you take, and what is the expected monetary value of your decision? 900$ Airline A-- ON ΤΙΜE 90% LATE 4,000$ 300$ Airline B-- -ON ΤΙΜE 70% LATE 4,000$
- 10. The following is given: Price $7.00/unit Variable cost $5.00/unit Fixed cost $56,000 Part 2 a) Based on the given information, the break-even point in units = units ________ (enter your response as a whole number). Part 3 b) Based on the given information, the break-even point in dollars = $_________(round your response to the nearest whole number). c. The Profit for a volume of 1,00,000 units= $_______ (round your response to the nearest whole number)You are the Laboratory manager of a medium sized 120-bed hospital, and you are called to a hospital leadership meeting by the CEO of the facility. You are told that the hospital is having problems meeting some debt responsibility and there is possibility that a budgetary cutback will be needed to alleviate the situation. Each departmental management is being given one week to plan how to accomplish a cost reduction of 10% within his/her department. Should it become necessary. You are also told that this situation is highly confidential because it is not yet known whether the cost reduction will be needed. Issues and Questions to Consider: 1.What criteria will you use to determine the best plan of action? 2.What type of long-range planning should be considered?You are the Laboratory manager of a medium sized 120-bed hospital, and you are called to a hospital leadership meeting by the CEO of the facility. You are told that the hospital is having problems meeting some debt responsibility and there is possibility that a budgetary cutback will be needed to alleviate the situation. Each departmental management is being given one week to plan how to accomplish a cost reduction of 10% within his/her department. Should it become necessary. You are also told that this situation is highly confidential because it is not yet known whether the cost reduction will be needed. Issues and Questions to Consider: 1.Identify the steps in developing short0term goals to address the potential reduction in resources described above 2.What type of information will you need to gather to assess your current state and develop a plan?
- What should the main aim be when a university instals mobile device management software for students, staff, and administrators? Or may any gains in productivity be put to greater use by providing extra services and support? What should the main aim be when a university instals mobile device management software for students, staff, and administrators? Or may any gains in productivity be put to greater use by providing extra services and support?Give typing answer with explanation and conclusion manufacturing company is considering producing a new product. The variable cost of the new product is $60 per unit, and the total fixed costs are $75,000 for a month. The company could produce 1500 units per month, and sell the product for $125 each. What unit sales would result in a net income of $16,000?List the types of costs incurred when employees are laidoff. What costs are difficult to estimate in monetary terms?Suppose that a firm is facing a downturn in business, eachemployee has skills valued at $40,000 per year, and it costs$100,000 to lay off an employee. If business is expected to im-prove in one year, are layoffs financially justified? What is the“payback” period for the layoff decision?