s) facing entrepreneurs in you
Q: If the variable cost of Machine #1 is increased by $0.30 per box, what is the new breakeven point…
A:
Q: Explain the process of balanced scorecard framew
A: Balanced scorecard : The balanced scorecard is a strategic planning and performance management…
Q: s and those which resist change, risk losing their competitive edge. To complete this project, you…
A: Any association working in the present dubious financial environment has to know how to oversee…
Q: How do businesses utilise benchmarking?
A: Benchmarking is a process in which a firm copies all the strategies or implement changes in its…
Q: When CSR initiatives include the added dimension of ensuring the ability to meet current needs…
A: When CSR initiatives include the added dimension of ensuring the ability to meet current needs…
Q: Find initial solution using Least Method and identify special case
A: The transportation model is used to calculate the minimum cost of the route by selecting different…
Q: A small generator burns two types of fuel – low sulfur and high sulfur – to produce electricity. For…
A: Objectives: Minimize Cost = 600x + 500y subject to 3x + 5y <= 15 sulfur constraint…
Q: During the first week on his job, his father called him said "Arvind I have observed you working…
A: Arvind should be in incredible problem. For suppose I'm in the place of Arvind I try to patiently…
Q: Firelands Electronics purchases certain electronic components at $10 per unit from a supplier and…
A: Note: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts…
Q: List and briefly describe the major logistics functions. Provide an example of a decision a…
A: Logistics management is described as the components of supply chain management in which the demand…
Q: Which of the following statements is correct for Activity G's schedule? Activity G has a slack time…
A: Slack means the duration for which an activity can be delayed without delaying the whole project.
Q: An important consideration in establishing a measure map includes determining the a. mission of…
A: An important factor in the context of the measured map is nothing but the balanced scorecard…
Q: Rick Jerz is attempting to perform an inventory analysis on one of his most popular products. Annual…
A: As per our guidelines, we are supposed to answer only three sub-parts when multiple sub-parts are…
Q: During Performance Testing, what kinds of things go wrong?
A: Performance testing is conducted to assess the response time of a system and its ability to handle…
Q: ix Sigma is the means of measuring process variations that cause defects considered as unacceptable…
A: The Six Sigma methodology was developed by Motorola in 1986. It was created with the intention of…
Q: The owner of a machine shop is planning to expand by purchasing some new machines—presses and…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: how many patents did tesla have?
A: Patents protects a firms innovative technology and strategy from being copied by others since Tesla…
Q: Apple, Inc. launched its first iPhone on January 9, 2007. As of 2021, iPhone has accounted for more…
A: An innovation process allows to add value to a business to increase profit. International strategy…
Q: Explain in your own words what you mean by in-house development.
A: In house development mea s developing a software by using the employees which are appointed by the…
Q: Solve the following LP formulation and determine the number of Surplus units in constraint B. MAX 4X…
A: Given data is
Q: What are ERP systems? What are the benefits and downsides of such systems as a de
A: The classifications which support in the observing of the workflow diagonally the department and…
Q: What is benchmarking, and how does it vary from quality improvement?
A: Benchmarking is a process in which the firm tries to copies the strategies ,policies or best…
Q: 1. A Western shop wishes to purchase 300 felt and 200 straw cowboy hats. Bids have been received…
A: Let a1 be felt hats and a2 be straw hats from Beta Hatters b1 be felt hats and b2 be straw hats from…
Q: what is the difference between raw materials and feedstock? give examples
A: Definitions: Raw materials: - Raw materials are the general component terms that consist of all the…
Q: What is a quality manager's level of competence?
A: Quality managers are the managers who implements and makes various efforts to improve the quality of…
Q: What are the cost and benefits associated with Employee orientation/socialization programs?
A: Employee orientation program can be defined as the process of introducing newer employees to their…
Q: Roy Creasey Enterprises, a machine shop, is planning to move to a new, larger location. The new…
A: Distance = work * load
Q: The project that you lead as a Project Manager is setting up a communication management plan.…
A: It is essential because Efficient communique making plans is essential to achieving the venture…
Q: 6. Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUs at a constant…
A: Given data is Demand(D) = 17000 units Holding cost(H) = $2 per unit Order cost(S) = $5 Lead time(L)…
Q: Number of orders per year based on the economic order quantity.
A: EOQ is the ideal size of order which lessens the cost of holding enough stock & ordering…
Q: A fertilizer manufacturer has to fulfill supply contracts to its two main customers (650 tons to…
A: VA1 = tons shipped to customer A from warehouse 1VA2 = tons shipped to customer A from warehouse…
Q: Explain what is benchmarking and how does it function ?
A: Benchmarking refers to a technique of coping the strategies which are followed by the the benchmark…
Q: With regard to the above abstract identify the type of collection agreement Metcash Trading entered…
A: Here the agreement is between Metcash Trading Limited(Metcash) and South African Commercial Catering…
Q: Tobacco is shipped from North Carolina to a cigarette manufacturer in Cambodia once a year. The…
A: Given data; Carrying cost 10 $ per kilo per year Stockout cost 75 $ per kilo Reorder point…
Q: To provide possible solutions when complications occur in maintaining business nartnershins
A: A business partnership consists of two or more people where people combine their resources to form a…
Q: How can a company's information security strategy become a project plan?
A: An information security plan can be stated as the documentation of the plan and system of an…
Q: State which forecast is best on the result for a., b., and c. forecasts. Explain your answer.
A: Find the Given details below: Given details: Week Demand 1 800 2 1400 3 1000 4 1500…
Q: A firm orders apparels from a distant country and can order only once for the entire season. This…
A: Given data Mean demand = 8500 units Standard deviation = 650 units Selling price = $25 Cost…
Q: Calculate the economic order quantity (EOQ) per annum. Economic order quantity Startrek Secondary…
A:
Q: An activity duration estimates for a certain project has the most optimistic time to complete the…
A: Formula to be used: Variance = ((P - O) ÷ 6) ^ 2 P = Pessimistic time = 20 O = Optimistic time = 3
Q: hat is production and management system in industrial engineering?
A: Production management : production management, likewise called operations management, planning and…
Q: What is the best of the best payoff value? DIHL Co. is a Danao-based logistics company owned by…
A: Since the actual requirement of the alpha value not mentioned in the question, we have answered the…
Q: Consider a firm with a daily demand of 100 units, a production rate per day of 550 units, a setup…
A: Given data: Daily demand (d)= 100 units Number of working days per year = 300 Daily production (p)=…
Q: A package holiday company is about to block book hotel rooms for the coming season. The number of…
A: The detailed solution is given in Step 2.
Q: What are the recommendations for implementing an OHSAS 18001:407 occupational health and safety…
A: OHSAS 18001 (occupational health and safety management system), is a system to identify and control…
Q: A grocery company owns three warehouses in different parts of the country. You want to distribute a…
A:
Q: G F, D 3 K C, G Which of the following statements is correct for Activity G's schedule? Activity G…
A: Slack is calculated by deducting early start time from late start time or early finish time from…
Q: For an 80% learning curve, if the 100th unit produced required 280 hours, how long will it take to…
A: In learning curve, we use the formulae: Tn = T1 × nb where,Tn = Time for the 'nth' unit T1 = Time…
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write five (5) main issues (problems, challenges, solutions) facing entrepreneurs in your personal context?
Step by step
Solved in 2 steps
- 3-5. How does technology impact customer value?How to define Legitimate Connection? Is there a legitimate Connection between business and society? How can businesses legitimately connecting with society?How will the technology/ solution/ concept affect businesses and / or society? Why is it important formanagers to know about it?
- Who are Institutional Entrepreneurs you can think of? and what impact these entrepreneurs to our society?How do social and cultural factors impact the business environment, and what strategies can businesses adopt to cater to diverse customer preferences and values?How technology impact your daily life?
- How important is corporate identity and image? Are these factors relevant to business viability?How does the Internet effect business? Business value?Take into consideration the macroenvironment factors that drive the way you do business today. How will these factors change in the future? What other major trends could affect marketing?
- You are an artist-entrepreneur and you would like to incorporate contemporary art in your business . Think of innova- tive ways to incorporate contemporary art in your business . Write a business plan that describes how the use of con- temporary art will help your business. Your business plan will be read by your business partners.What difficulties do businesses have while making the move to the cloud? Please explain the pluses and minuses of participating in this action.What is the importance of viability, profitability, and customer to business?