objective ons: Situation 1. A real estate company will host a party and presents its newest condominium object to the alumni Asian Objective of the Institute of Management. 2. The Parent-Teacher Association will hold a dinner dance as a fund- raising project.
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As a professional who handles/manages an event, what SMARTER (Specific, Measurable, Attainable, Realistic, Time-bound, Exciting, & Responsible) event objectives perfectly fit the following problems.
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- 1. How is Wal-Mart’s Web site different from Amazon and Office Depot? 2. Do Wal-Mart and Best Buy face the same problems or different ones? 3. What customers shop at Wal-Mart, both in-store and online? 4. Determine a strategy for Wal-Mart to improve online sales. 5. Write a report to management that describes the primary cause of the problems, a detailed plan to solve them, and show how the plan solves the problems and describe any other benefits it will providea) Describe the procedures involved in the scenario planning process. b) Discuss the relevance of scenario planning in decision making.Please help me with the problemnl analysis 1.1 appearant cause and justification 2.2 underlying issues 2.3 Assumptions made
- In 1996, McDonald’s (MD) launched Campaign 55, reducing the prices ofits “flagship” sandwiches with the objective of regaining market share. Beforethe launch, suppose MD’s management envisioned two possible outcomes: astrong customer response or a weak response. Industry experts were notvery optimistic about the campaign. They assessed the probability of a strong response to be .40. MD predicted an expected profit of $50 million if theresponse proved to be strong. If the immediate customer response was weak,management believed that all was not lost. If MD could persuade themajority of its franchisees to back and help fund the campaign, the resultingprofit would be $20 million. However, if the majority rose up against thecampaign, the red ink would fly, and McDonald’s profit would be -$100million. MD considered these two outcomes to be equally likely.a. Given these assessments, construct a decision tree to determine MD’sexpected-profit-maximizing course of action.b. Suppose that MD has…Two weeks after New Orleans was devastated by Hurricane Katrina, you made the decision to postpone the conference and select a different city to hold the conference Based on your initial objectives and a survey you took of the registered attendees, you created the following consequence table based on the information available ALTERNATIVES Cancel conference for this yearâschedule for next year Keep in New Orleans, but schedule for a later date (when the hotels re-open) Keep same dates, but move to another city Move to another city and schedule for a later date OBJECTIVES Maximize attendance Does not meet objectiveSenior management stated that cancelling is not an option Does not meet objectiveUncertainty on when New Orleans will be back in business is too far off Does not meet objectiveCost and logistics of finding a new location and getting attendees to change flights with such short notice is cost prohibitive Meets objectiveIn a survey…Please help 2. You are a business manager of X's online media company, who is assigned to build a video channel on the X media website. Please make a SOSTAC (situation, objective, strategy, tactics, action, and control) analysis of the development of the media website channel that you will design.
- 1. Read the case below. Develop a theoretical frame work and show by a figure. State hypotheses involved in this model. Incidence of smoking in movies has started to increase again, after having declined for several decades. According to the National Cancer Institute, smoking is seen in at least three out of four contemporary box-office hits. What’s more, identifiable cigarette brands appeared in about one-third of all movies in 2008. Exposure to smoking in movies is an important predictor of adolescent smoking initiation: smoking in movies has been shown to affect adolescents’ intentions to start smoking. In turn, the intentions to start smoking are determined by a more positive attitudetoward smoking after seeing a film character smoke. Recent research has revealed that the relationship between seeing a film character smoke and the attitude toward smoking is stronger when a person’s identification with a film character increases. These findings are consistent with social learning…what are the pros and cons of the following five-point plan? 1. Each salesperson would continue to supervise company-owned stores and independent dealers. 2. Salespeople would be given specific objectives for facilities appearance and a percentage of sales of convenience store merchandise purchases from the Company’s designated distributors. 3. Salespeople would be given mandates that no retail outlet would remain closed for more than 30 days. 4. Sales volume objectives for salespeople would remain in place. Current year volume objectives would not change. 5. Regional sales managers’ annual objectives would be revised to be consistent with salespeople’s new objectives.An information system (IS) auditor was asked to review the alignment between information technology (IT) and business goals for Cachero, a small but rapidly growing financial institution. The IS auditor requested information including business and IT goals and objectives; however, these were limited to a short, bulleted list for business goals and PowerPoint slides used in reporting meetings for IT goals. It was also found in the documentation provided that over the past two (2) years, the risk management committee (composed of senior management) met on only three (3) occasions, and no minutes of what was discussed were kept for these meetings. When the IT budget for the upcoming year was compared to the strategic plans for IT, it was noted that several of the initiatives mentioned in the plans for the upcoming year were not included in the budget for that year. The IS auditor also discovered that Cachero does not have a full-time chief information officer (CIO). The organizational…
- Capital Budgeting with Taxes (Non-MACRS Depreciation); Sensitivity Analysis GravinaCompany is planning to spend $6,000 for a machine that it will depreciate on a straight-line basisover 10 years with no salvage value. The machine will generate additional cash revenues of $1,200 ayear. Gravina will incur no additional costs except for depreciation. Its income tax rate is 35%. Thepresent value annuity factor for 15%, 10 years (from Appendix C, Table 2) is 5.019.Required1. What is the payback period of the proposed investment (in years, and rounded to 1 decimal place) underthe assumption that the cash inflows occur evenly throughout the year?2. What is the accounting (book) rate of return (ARR) based on the initial investment outlay? Round youranswer to 1 decimal place (e.g., 13.571% = 13.6%).A) Which of the following is NOT included in the risk register? a. Prioritized list of quantified risks b. Potential responses to identified risks c. Revised stakeholder tolerance d. A list of identified risks B) The Responsibility Assignment Matrix (RAM) is: a. Used to identify accountabilities and responsibilities in individual performance appraisals of project team members. b. Used for development of the project budget and network diagrams. c. Developed at the activity level and used to closely link project roles and responsibilities to project network activities. d. Used to illustrate the connections between work packages or activities and project team members. It ensures that there is only one person accountable for any one task to avoid confusion of responsibility. C) The process of cost estimation is defined in which process? a. Control Cost b. Plan Cost Management c. Estimate Cost d. Budget CostThe weekly meetings of Lyle's staff have had little attendance, and those who attend usually do multitasks instead of paying attention. Using the research cycle, Lyle discovered that the problem is that the time of the staff meeting coincides with the delivery date of the weekly financial reports. Read the following possible courses of action and decide what is the BEST way for Lyle to handle the situation and what is the WORST way for him to handle the situation? 1. Inform staff that your meeting has more priority than the reports of the finance department. 2. Change the meeting time of the staff until after they submit the weekly reports and see if improves assistance and focus. 3. Cancel staff meetings so that the team can concentrate on completing their financial reports. 4. Allow staff to continue performing multiple tasks so that they can attend their meeting and do the financial reports.