The Migrant Kitchen highlighted Eggslut founder, Alvin Cailan's kitchen incubator Unit 120. Which of the following are true about kitchen incubators? Select all and only statements that apply.
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The Migrant Kitchen highlighted Eggslut founder, Alvin Cailan's kitchen incubator Unit 120. Which of the following are true about kitchen incubators? Select all and only statements that apply.
It is a piece of equipment that enables cooks to prepare food more efficiently and cost-effectively.
It's a system that enables entrepreneurs to test their concepts with lower risk.
Alvin Cailan believes that chefs who use the incubator and fail, still gain from the experience.
All of the above are true.
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- When the idea first occurred to her, it seemed like such a win-win situation. Now she wasn't so sure. Marge Brygay was a hardworking sales rep for Inspire Learning Corporation, a company intent on becoming the top educational software provider in five years. That newly adopted strategic goal translated into an ambitious, million-dollar sales target for each of Inspire's sales reps. At the beginning of the fiscal year, her share of the sales department's operational goal seemed entirely reasonable to Marge. She believed in Inspire's products. The company had developed innovative, highly regarded math, language, science, and social studies programs for the K— 12 market. What set the software apart was a foundation in truly cutting-edge research. Marge had seen for herself how Inspire programs could engage whole classrooms Of normally unmotivated kids; the significant rise in scores on those increasingly important standardized tests bore Out her subjective impressions. Bur now, just days before the end of the year, Marge's sales were $1,000 short of her million-dollar goal. The sale that would have put her comfortably over the top fell through due to last-minute cuts in one large school system's budget. At first, she was nearly overwhelmed with frustration, but then it occurred to her that if she contributed $1,000 to Central High, the inner-city high school in her territory probably most in need of what she had for sale, they could purchase the software and put her over the top. Her scheme would certainly benefit Central High students. Achieving her sales goal would make Inspire happy, and it wouldn't do her any harm, either professionally or financially. Making the goal would earn her a $10,000 bonus check that would come in handy when the time came to write out that first tuition check for her oldest child, who had just been accepted to a well-known, private university. Initially, it seemed like the perfect solution all the way around. The more she thought about it, however, the more it didn't quite sit well with her conscience. Time was running out. She needed to decide what to do. 1. Donate the $1,000 to Central High, and consider the $10,000 bonus a good return on your investment.1. ________ typically deal with tactical issues, which tie strategy to day-to-day operations. A. Executives (vice presidents) B. Employees C. Managers (directors) D. Supervisors 2. ________ issues deal with day-to-day issues. A. Tactical B. Operational C. Strategic D. None of these 3. Customer loyalty: A. Is an employee's obligation to consistently support a company B. Gauges how happy your customers are with your good or service C. Is an important element of poor quality and customer service D. None of theseFACTS: N Bank, with nearly 150 branches (from Napa Valley, California, to Seattle, Washington) and 8.3 billion in assets, is committed to creating and maintaining a corporate culture that provides excellent customer service. A key component of the bank’s overall retail strategy is its “universal associate” program (that is what N Bank calls its employees). At N Bank, each universal associate is trained to perform every banking task. A teller can take a loan application, and a mortgage officer is able to assist a customer in opening a safe-deposit box. A significant side benefit of this culture is that N's employee turnover is one-half the industry average. Another benefit is that employee boredom is reduced by performing multiple tasks daily. An employee’s workday varies based on which departments are slow and/or busy. In contrast, at a typical bank, employees specialize in certain tasks; thus, employees often have an “it’s not my job” mentality. N Bank’s employees are empowered to…
- Nametso Senwelo, founder of Sunflower Desserts, reviewed performance her business andobserved the following for the past financial years: High growth and low market share product offerings. She needs a lot of cash needs but is currently generating little cash She needs to increase the market shareGive Nametso advise on how to grow her company's market share and turn it into a "Star" usingthe BCG matrix.Choose any successful organization with which you’re familiar or one that you would like to know more about and answer the following questions. *Answer must be Relevant and to the point *Must be in short paragraph of Around 200-220 world Question: a) Why was that organization was so successful? b) How does that organization differ from other competitive organizations? c)How could that organization attract their customers? d) What are the challenges they may encounter in future? e) Describe the job specialization used there. Is it efficient and effective? Why or why not? How could it be improved? f) Assess their culture by looking at the following aspect Like physical design, symbols, words, stories, policies etc. g) Assume that you’re the top manager in that organization. What types of information from environmental scanning do you think would be important to you? Where would you find this information? h) Now assume that you’re a first-level manager in this…Porter’s five forces is an analysis strategy for an organization's business environment and is used to identify an organization's competitive positions. Strategic planning managers, marketing managers, sales managers and supply chain managers commonly use this technique when looking at the competitive advantage. Looking at your competitive advantage is important to aligning the operational needs with the business strategies. Scenario You’ve spent the past few weeks analyzing the organization Morgan Stanley, and have learned about its organizational needs. Your next project as manager is to develop a proposal for how the organization can align their operational needs with the organization’s business strategies. This proposal needs to include an analysis so the executive level can understand the past in order to improve the future of the organization.
- 1. TNT Net is in the computer industry, where innovations are common. The employees are highly trained, well educated, and hard working. They are under a great deal of stress and TNT Net is concerned that productivity and job satisfaction will decline. a. Briefly describe technological uncertainty that employees are dealing lies under which factor? b. One of your employees is very stressed out as a result of being asked to assume too many roles in his job: which source of stress is this? c. In an attempt to recognize stress early, you should be aware of what kind of symptoms?PLEASE ANSWER ALL OF THE FOLLOWING ITEMS TRUE OR FALSE 10. A Properly constructed Balanced Scorecard tells the story of a business unit’s strategy.11. Strategy is about selecting the set of activities in which the organization will excel to create asustainable difference in the marketplace.12. The vision and mission statement set the general direction for the organization.Which of the following is an issue considered in developing corporate strategies? a. What business(es) are we in? b. What direction are we going? c. What resources do we have to implement our strategies? d. What businesses are we in and what to do with those businesses?
- Select 2 and complete the VRIO analysis. Say whether you think each of these is Valuable, Rare, Inimitable, and whether an MBA Program can be Organized to Exploit the given resoruce or capabilitiy. And then provide three sentences providing an explanation for your answer. The remaining six resources that you have to choose among are:Location, Funding (Scholarships or Research), Reputation/Brand, Sports teams, Housing, Programming/Classes.Balanced Scorecard Maloney Corporation manufactures plastic water bottles. It plans to grow by producing high-quality water bottles at a low cost that are delivered in a timely manner. There are a number of other manufacturers who produce similar water bottles. Maloney believes that continuously improving its manufacturing processes and having satisfied employees are critical to implementing its strategy. Required: a. Please create a vision and mission for Maloneys that makes sense for them . b. Please identify, clearly and in your own words, what the Balanced Scorecard measures and its four perspectives . c. Please identify 3 key performance measure (applicable to Maloney Corporation), as well as their corresponding measures and targets, for each balanced scorecard perspective.1. What steps does Nordstrom take to implement its strategy providing outstanding customer service? According to the text, are there any actions or steps that are discussed in the text that Nordstrom does not implement?2. How do these activities enable Nordstrom to reduce the gaps between perceived service and customer expectations?3. What are the pros and cons of Nordstrom’s approach to developing a competitive advantage through customer service?4. Can Nordstrom’s philosophy of customer service be used businesses other than retail service businesses? Educational institutions? Lower end retailers like Walmart, Target, or Steinmart or Kohls? –5. Why or why not? If not, how could these retailers improve their customer service and relations, give examples—6. Discuss the inventory policies of Nordstrom to that of other department or retail stores. Does this policy impact customer service?