Question 9 Which one of the following is NOT a reason to focus on sustainability? O Investors demand it O Reduce net-zero emissions by 2030 or 2050 O Gen Z demand it O Profit and productivity targets. O Process control targets
Q: How has globalization affected labor markets around the world, and what are some of the challenges…
A: Globalization refers to the process of increased interconnectedness and integration of economies,…
Q: what literature links to 'importance of social entrepreneurship in the contemporary environment.' in…
A: "Providing links is against our Q&A guidelines." In recent years, the concept of social…
Q: What are the key trends and challenges facing managers in the digital age, and how can they leverage…
A: Organizational success can be defined in various ways depending on the specific goals and objectives…
Q: Barry has little tolerance for people from the South because he thinks all Southerners are…
A: The way we perceive and interact with people from different backgrounds can have a significant…
Q: In this unit, we examined a number of theories of motivation. While we do not want to slight the…
A: Expectancy theory refers to a theory that suggests that an individual's motivation to act in a…
Q: How can biases impact decision-making, and what strategies can be used to mitigate them?
A: About Decision-making in Management - Decision-making is a type of concept that can be described as…
Q: how does the increase in personal debt affect the household and what negetive impact does it have…
A: Personal debt is an increasingly common phenomenon in today's society, with many households…
Q: From a case study entitled Jollibee #ChickenSad…
A: The Jollibee ChickenSad case study delves into a major supply chain management issue confronting…
Q: Case: Radial Bearing Team: A Manufacturing Group's Transformation to Self-Directed Work What was…
A: Radial Bearing Team is a manufacturing organization that shifted from a hierarchical structure to…
Q: The performance metrics you should track depend on the goals you set; performance evaluation varies…
A: Performance evaluation is a crucial part of any organization's human resource management process. To…
Q: What role does trust play in organizational governance?
A: Organizational governance refers to the set of processes, policies, and practices that are put in…
Q: How do managers approach the process of strategic planning and decision-making, and what tools and…
A: Strategic planning and decision-making are essential managerial functions for all organizations. It…
Q: Without _______, one cannot expect either to formulate or develop any business policy. a. Business…
A: Business policies are defined as the set of rules, guidelines, and procedures that conducts the…
Q: Case: Radial Bearing Team: A Manufacturing Group's Transformation to Self-Directed Work…
A: The Radial Bearing Team's case illustrates the transition of a conventional production group into an…
Q: Kyle is considering the costs to clean up the local beach after an oil spill. Which of the…
A: Beach cleanups are a critical aspect of environmental conservation efforts, especially after an oil…
Q: How does the systems theory of management explain the complex interactions between different…
A: The systems theory of management offers a helpful paradigm for comprehending the intricate…
Q: FOB retailer means: -the vendor pays the transportation charges to the retailers store or warehouse…
A: In international trade, the term "FOB" ( means "Free on Board") is frequently used to refer to the…
Q: Discuss some issues faced by a company powerlink Queensland, while migrating to SAP S/4HANA and how…
A: Powerlink Queensland is a government-owned corporation responsible for the secure and dependable…
Q: Competence, consequence, downsizing and governance are some questions that HRM should be prepared to…
A: Human Resource Management (HRM) plays a critical role in addressing various challenges and questions…
Q: ABC Corp is a multinational company that specializes in manufacturing and distributing consumer…
A: A strategic plan is a comprehensive document that outlines an organization's long-term direction,…
Q: Get people talking about the potential benefits and drawbacks of using smartphones and tablets at…
A: Smartphones as well as tablets are popular in today's society, so it is not surprising that their…
Q: 4. Listening in the Workplace Listening skills are important for career success and organizational…
A: Effective communication is essential for professional and organizational success. Listening is a…
Q: How does the contingency approach to organizational change consider the unique circumstances of each…
A: The contingency approach to organizational change is a change management philosophy that recognizes…
Q: Michael Porter (1985) identified six stages in the analysis of a business organization’s value…
A: In 1985, Michael Porter introduced the value chain model, which identified six stages in the…
Q: What role should an organization's control system play in situations like these? I think that the…
A: The case of Bausch & Lomb's recall of its contact lens solution due to the occurrence of an eye…
Q: Even with the development of a PMO, will there be instances in which an HIT venture fails? Why?…
A: Health Information Technology (HIT) ventures are complex projects that require careful planning and…
Q: Which of the following does not represent a key benefit of equality? a. Attracting ethical…
A: Equality has become a fundamental value and goal of modern societies because it promotes fairness,…
Q: What Does Control Mean in the Business Setting? Control is device or mechanism used to regulate or…
A: Control is a crucial concept in business, referring to the processes and mechanisms that businesses…
Q: imaginary interview for business student. 1.Each one of you is about to open a new shop. It…
A: Interviews are vital to the success of every business student. Employers use them to assess a…
Q: Kindly explain what is social entrepreneurship
A: "The solution has been provided in a generalized Manner." The concept of social entrepreneurship…
Q: Explain the practical significance of this statement: “Organizational design should be done in…
A: Organizational design refers to the process of creating and aligning the various components of an…
Q: Any significant capital expenditure or project requires a lengthy, and expensive, cost benefit…
A: A significant capital expenditure or project can profoundly impact a company's financial health and…
Q: How are employees encouraged to speak up if they observe behavior that is inappropriate or harmful…
A: An organization's and its employees' common values, beliefs, actions, and attitudes are referred to…
Q: As a consequence, we see planning, monitoring, and control as closed circuits. In what ways do…
A: "The solution has been provided in a generalized Manner." Planning, monitoring, and control are…
Q: Africa’s Top 100 Brands African brands have increased their share of the Top 100 most admired brands…
A: African companies have been gaining ground recently, increasing their share of the Top 100 most…
Q: Explain policies of Bonia Company: What are the corporation’s policies? Are they consistent with…
A: Bonia Company is a multinational fashion brand with operations in numerous countries around the…
Q: You are the Director of Quality and Compliance at a Senior outpatient program. A manager came to you…
A: As the Director of Quality and Compliance at a senior outpatient program, it is my responsibility to…
Q: It would be much appreciated if you could offer a summary of the five distinct methods that may be…
A: Risk management is vital to the decision-making process of every company or individual. Risk…
Q: Merit pay – a system of linking pay increases to rating on performance appraisals True or False
A: Performance appraisals, also known as performance reviews, are a formal process of evaluating and…
Q: If you could provide me some specific instances of digital piracy and intellectual property…
A: "The solution has been provided in a generalized Manner." Digital piracy and intellectual property…
Q: Which of the following represent costs of inequality? a. Less management time spent on grievances…
A: Inequality in the workplace has significant impacts on both individuals and organizations. It…
Q: Can programmes benefit from the Internet in a variety of ways? These services differ from one…
A: The Internet has changed every aspect of our existence, including how we interact with and use…
Q: an YED electronic business competitor recenlty went bankrupt and they saw a great potential to…
A: In the face of bankruptcy and intense competition, YED Electronics decided to take a strategic…
Q: Why is strategy implementation often considered the most difficult stage in the strategic-management…
A: The process of identifying the long-term objectives of an organisation, creating a plan to attain…
Q: Explain the role of ethics when dealing with customers and resolving customer demands. Edit View…
A: Customers are the lifeblood of any organisation in today's business world, and providing excellent…
Q: What are the key elements that should be included in a business report?
A: A business report is a piece of writing that offers facts, opinions, and suggestions regarding a…
Q: 1. You are planning to produce a kind of gift box and you already have the distribution channel.…
A: On the market, individuals frequently purchase gift boxes for themselves or their loved ones.…
Q: "The COVID-19 pandemic has had an unprecedented impact on the aviation industry, with the airline…
A: The COVID-19 pandemic has had a devastating impact on the aviation industry, with airlines…
Q: Come up with a new creative system for the trading rules in basketball other than the current one.…
A: The trading rules in basketball play an important role in shaping the competitiveness of the league…
Q: Question 1 The systems approach highlights the significance of the interdependence of functional…
A: Organizations are increasingly using a systems approach to manage their operations in today's…
Trending now
This is a popular solution!
Step by step
Solved in 5 steps
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?Zhu Manufacturing is considering the Introduction of a family of new products. Long-term demand for the product group is somewhat predictable, so the manufacturer must be concemed with the risk of choosing a process that is inappropriate. Faye Zhu is VP of operations. She can choose among batch manufacturing or custom manufacturing, or she can invest in group technology, Zhu won't be able to forecast demand accurately until after she makes the process choice. Demand will be classified into four compartments: poor, fair, good, and excellebt The table below indicates the payoffs (profits) associated with each processidemand combination, as well as the probabilities of each long-term demand level: Demand Poor Fair Good Excellent Probability Batch Custom 0.15 0.40 -$300,000 $100,000 $1,200,000 $800,000 $400,000 $00,000 0.30 $1,200,000 $750,000 $500,000 0.15 $1,300,000 $800,000 $2,200,000 Group technology a) The alternative that provides Zhu the greatest expected monetary value (EMV) is…Sales for the last quarter of the year were good, with tops sales at 3,400 units and pants sales at 3,200 units. Demand for the first quarter sales of next year is expected to decline by 8%. What is your forecast for the demand of tops and pants? Tops Sales Forecast: 0 ▲ ▼ Pants Sales Forecast: 0 ▲ ▼ Is there anything you could do to help minimize the effect of the projected decline in demand on sales?
- The IKEA Company uses the push-based strategy to maintain the relationship with thecustomers as well as collaborate with all the partners and the members of the IKEACompany. However, due to the supplies problem the relationship between a company andits customers is going to be loose and demand uncertainty is high, the supply chain needsto be managed based on realized demand. Therefore in push based strategy firstly weanalyse the need of the customer and then plan to make the outlet and design the productto meet the need of the customer.On the other hand, IKEA Company follows the supply chain strategy that is build to stock inwhich the customer segment is online and popular configuration and the product are based on small number of configuration designed for market with the large production size.Moreover, have the smooth production to cut the cost and have the stock due to massdistribution at multinational level and planning horizon is medium due to change theproduction level with some…The IKEA Company uses the push-based strategy to maintain the relationship with thecustomers as well as collaborate with all the partners and the members of the IKEACompany. However, due to the supplies problem the relationship between a company andits customers is going to be loose and demand uncertainty is high, the supply chain needsto be managed based on realized demand. Therefore in push based strategy firstly weanalyse the need of the customer and then plan to make the outlet and design the productto meet the need of the customer.On the other hand, IKEA Company follows the supply chain strategy that is build to stock inwhich the customer segment is online and popular configuration and the product are based on small number of configuration designed for market with the large production size.Moreover, have the smooth production to cut the cost and have the stock due to massdistribution at multinational level and planning horizon is medium due to change theproduction level with some…The IKEA Company uses the push-based strategy to maintain the relationship with thecustomers as well as collaborate with all the partners and the members of the IKEACompany. However, due to the supplies problem the relationship between a company andits customers is going to be loose and demand uncertainty is high, the supply chain needsto be managed based on realized demand. Therefore in push based strategy firstly weanalyse the need of the customer and then plan to make the outlet and design the productto meet the need of the customer.On the other hand, IKEA Company follows the supply chain strategy that is build to stock inwhich the customer segment is online and popular configuration and the product are basedon small number of configuration designed for market with the large production size.Moreover, have the smooth production to cut the cost and have the stock due to massdistribution at multinational level and planning horizon is medium due to change theproduction level with some…
- SM5 Infinity Enterprises, a large organization with seven business units, recently prepared a BCG Growth-Share Matrix to evaluate whether it has a balanced portfolio of businesses. Upon analysis, its three large business units were identified as stars, two medium-size business units were identified as question marks, and one small business unit each was identified as a cash cow and as a dog. Which of the following is a conclusion you can draw upon evaluating the data? A The company needs to set up more business units that operate in high-growth markets. B The company is probably facing a shortage of funds to fuel its growth. C The company should hold onto the business unit identified as a dog in order to maintain a balanced portfolio of businesses. D The company is probably generating excess cash that can be used to start new business unitsThe IKEA Company uses the push-based strategy to maintain the relationship with thecustomers as well as collaborate with all the partners and the members of the IKEACompany. However, due to the supplies problem the relationship between a company andits customers is going to be loose and demand uncertainty is high, the supply chain needsto be managed based on realized demand. Therefore in push based strategy firstly weanalyse the need of the customer and then plan to make the outlet and design the productto meet the need of the customer.On the other hand, IKEA Company follows the supply chain strategy that is build to stock inwhich the customer segment is online and popular configuration and the product are based on small number of configuration designed for market with the large production size.Moreover, have the smooth production to cut the cost and have the stock due to massdistribution at multinational level and planning horizon is medium due to change theproduction level with some…* 00 Miles is considering buying a new pickup truck for his lawn service firm. The economy in town seems to be growing, and he is wondering whether he should opt for a subcompact, compact, or full-size pickup truck. The smaller truck would have better fuel economy, but would sacrifice capacity and some durability. A friend at the Bureau of Economic Research told him that there is a 30% chance of lower gas prices in his area this year, a 20% chance of higher gas prices, and a 50% chance that gas prices will stay roughly unchanged. Based on this information, Miles has developed a decision table that indicates the profit amount he would end up with after a year for each combination of truck and gas prices. States of Nature Lower gas Gas prices Higher gas Alternatives prices unchanged prices Subcompact 19,000 000 Compact OGOʻST 000 Full size 000'9 Probability 0.3 0.5 0.2 MacBook Air 000 000 DD F7 08 F4 F5 6 %24 ) 9 | K. D.