imagine you are in public, and you have to explain these concepts: (in relation to industrial management). -core competency -above-average yields -tangible and intangible resources -capabilities -value creation
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imagine you are in public, and you have to explain these concepts: (in relation to industrial management).
-core competency
-above-average yields
-tangible and intangible resources
-capabilities
-value creation
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Solved in 2 steps
- Can you exlain the below slide? It is talking about Hong Kong Tax, Special business, Financial Instituition, calculating the profit tax.Below is the levels of organizational strategies and the decision-makers 1. Corporate Level: Chief Executive Order 2. Division Level Division President/Executive Vice President 3. Functional Level Finance, Marketing, R&D, Manufacturing, Information Systems and Human Resource Managers 4. Operational Level Plant managers, sales managers, production and department managers Scenario You and a group of enthusiastic colleagues have recently graduated from university, and are eagerly discussing a possible joint entrepreneurial venture, focusing on the production of environmentally friendly electric vehicles. To fund this new venture, the team has been advised to come up with a solid implementation plan, supported by the strategy implementation framework to include detailed information on the business concept, strategic vision, mission, revenue model, financial objectives, and projections and much more. The rising use of hybrid and environmentally friendly electric vehicles (EVs)…Answer the following questions using the Answer Report and the Sensitivity Report on the following page. Support your answers with explanations and the work showed.Your run a company that produces three electrical products – clocks, radios, and toasters. You are asked to figure out how many of each of these things should be produced, and the computer solution (answer report and sensitivity report generated in Microsoft Excel) is given on the next page. 4.) If you could sell clocks for $17 instead of $15 would it change the number of each appliance you should produce (i.e., would it change the optimal solution)?5.) If you had your choice of an extra $10 in your budget or an added demand of 5 toasters, which one should you do, and how will your profit be affected?
- Below is the levels of organizational strategies and the decision-makers 1. Corporate Level: Chief Executive Order 2. Division Level Division President/Executive Vice President 3. Functional Level Finance, Marketing, R&D, Manufacturing, Information Systems and Human Resource Managers 4. Operational Level Plant managers, sales managers, production and department managers Scenario You and a group of enthusiastic colleagues have recently graduated from university, and are eagerly discussing a possible joint entrepreneurial venture, focusing on the production of environmentally friendly electric vehicles. To fund this new venture, the team has been advised to come up with a solid implementation plan, supported by the strategy implementation framework to include detailed information on the business concept, strategic vision, mission, revenue model, financial objectives, and projections and much more. The rising use of hybrid and environmentally friendly electric vehicles (EVs)…Provide a brief definition or explanation of each of the following terms within the context offinancial business management, together with a comprehensive example. 1-The risk-return principle. 2-The current ratio. 3-Net profit margin.Explain in general the THREE (3) reasons why compensation and rewards are important to the competitiveness of a company.
- What is more important for a firm–profit maximization or value maximization? What issues or conflict of interest can come up between owners and managers and how can they be solved?Organizations today strive to be more strategic in nature than they have been in the past. How can a performance management system encourage long-term and strategic thinking rather than short-term or tactical thinking? Provide a personal exThe general environment includes opportunities and threats that are easier to identify and respond to than those in the task environment. the set of forces that originate with global suppliers, distributors, customers, and competitors. the wide-ranging global, technological, sociocultural, and political forces that affect organizations. the forces that have the most immediate effect on managers and their decisions. forces that have very little impact upon the performance of organizations.
- In order to be successful, need of the environment. statement? an organization must change its goals according to the Which characteristic of management in highlighted in theImagine that you own your business. a) Think about your production process. Please explain the technology that you use in the production process. b) How do you think the technology that you use, affects the market structure and/or the demand of your product? Note that this question is NOT about how technology affects your production process, therefore, NOT about productivity, NOT about the cost structure.What are three security measures that will help a company while reducing productivity?