Sally, an employee of Apex Corp., observed that the senior managers did not set a good example for employees with regard topolicies and procedures. They did not keep the necessary staff informed about their movements, causing unnecessary disruption ofwork. They brought personal work to the office. Employees did not have regular performance reviews and they were unsure aboutthe goals of the company and where it was heading. In this scenario, Apex Corp. lacks:Acontrolsauditsbenchmarksstandards

Disruption of work:- Disruption is making something or someone stop moving or functioning normally,…

Answered: Sally, an employee of Apex Corp.,…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Write a 1000 words report on a case study. You have recently started a new job as a junior operations manager at Pet Kingdom, a petsupplies retailer. You are writing these reports to your line manager, Ms Lionheart, so theappearance and language of your reports need to be professional. CASE STUDY - Forecasting Your line manager, Ms Lionheart, has collected and scrutinised performance data for thecompany. She was concerned that the inventories were high for certain products which hadresulted in significant price reductions and losses for the company. At the same time, thecompany had run out of stock for other items early in the season resulting in unsatisfiedcustomers and lost sales. Ms Lionheart has concluded that the problem was not with thespecific products carried in the stock, but with the quantities ordered by the procurementdepartment for two popular products; Dog Ball Launcher and Lightweight Dog Lead.Dog Ball Launcher is a product carried by the company for the past four…
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