Topic 3 - School Budgetary Needs Assessment Survey

2) Define critical success factors (CSFs) and key performance indicator (KPIs) and explain how the administration at a college might use a CSF, such as improving graduation rates, to create a list of KPIs necessary to achieve this goal.

1) Describe a scenario that you have encountered recently as a consumer where a business has either under forecast or iver forecast demand for a product that you were planning to purchase. You will generally notice under forecasting if the product is out of stock or over forecasting if there is excess inventory for the item. Describe the imolications to the retailer,manufacturer, and broader supply chain. You can present your response through thr lens of your own discpline (accounting,mafketing,etc.) if you wish. 2) Give three examples from your life in which you may forecast the future. Highlight the importance of accurate forecasting in the three examples you provide.

During the economic downturn arising from the COVID -19 pandemic in South Africa the government created the Covid-19 Loan Guarantee Scheme which provided loans, substantially guaranteed by government, to eligible businesses to assist them Funds borrowed from this scheme, through the banking industry, can be used for operational expenses, such as salaries, rent and lease agreements and contracts with suppliers. The scheme however has not been as great a success as had been envisaged. a) Describe how the scheme works; b) Analyse the reasons why the uptake has been so poor; c) Identify the losses which are being guaranteed by government; and d) Propose changes which could be introduced to improve the scheme.

Your line manager, Ms Lionheart, has collected and scrutinised performance data for the company. She was concerned that the inventories were high for certain products which had resulted in significant price reductions and losses for the company. At the same time, the company had run out of stock for other items early in the season resulting in unsatisfied customers and lost sales. Ms Lionheart has concluded that the problem was not with the specific products carried in the stock, but with the quantities ordered by the procurement department 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 years. Quarterly demand data for the past four years are shown in table 1. Last year the company seemed to always be out of stock for this item. The model used by the procurement department to forecast demand for this product over the last two years has been Multiplicative Seasonal model based on seasonal…

McDonald’s success is built on the highest standards of quality, service and cleanliness delivered to customers in each of its restaurants. Well-trained crew and managers are the first step to achieving these standards. It is company policy to provide career opportunities that allow employees to develop their full potential. This includes a comprehensive training programme for crew and operations management and career progression that enables a ‘first job’ employee to progress through to a senior management position through merit-based promotions. Critically analyse the training process and approaches at McDonald’s and advise their management on three levels/types of training needs analysis that would assist to identify the skills gaps in the company for future training interventions. (based on the attached case study)

Discuss at least three alternatives for improving the overall profitability of the daycare facility. How would you implement those three alternatives and the potential results?

Answer the following questions. 1. What is the current economic climate? 2. What should be our forecast accuracy target if there is a high degree of volatility in customer orders and long lead times? 3. We have a new chief sales officer who is proposing that we should forecast in dollars, not in units/cases. I have never heard of anyone forecasting in dollars. It is true that dollarized forecasts can help Sales in knowing precisely what sales target they should be hitting. But, is it the best practice?

Situation #1: You are working in a restaurant as a sale staff. The Operation Manager requested you to prepare a sales forecast for 2022 in preparation for next year Annual Plan. During the regular business days, the restaurant earns an average of 20,000 a month.  Prepare a draft sales plan and provide an explanation of your sales plan. Consider current status of the pandemic and the regulations of the government towards local business.   Use the template below.

Service Quality is an important concept in service marketing. with regard to service quality measurement models / frameworks, however, extant research shows that there is no consensus on the appropriate measurement model. Provide motivation for this and perform an appraisal of any four service quality measurement models/ frameworks highlighting their distinctive features, streangths and weaknesses as well as which service context each one may be applicable. provide a report to management of any chosen firm on these issues.

Pinkie Ice-Cream Itd. Pinky Ice-cream Itd. is an ice-cream company that is located in the city of Palma and has branches in several communities. The brand is an emerging brand and is becoming very popular among children and young adults. One of the reasons why this brand of ice-cream is becoming so popular is because the quality is outstanding. The Operations manager work closely with the marketing manager to ensure that the best quality ice-cream is sold to customer. The OM manager uses the best quality ingredients and ensures that the best machines and labour are employed in the transformation process. They also produce a variety of flavours to ensure that the customers have a wide choice. Weekly customer demand for the ice-cream can be seen in the table below. Week Demand (gallons) 280 295 1 2 3 315 4 300 340 6 335 350 Seeing that the company is fairly new, management is yet to formulate a mission and a vision statement for the organization. They are planning to develop a strategic…

Requirement: Show your calculation

What role does forecasting play in the planning process, and what are some methods and models used for making accurate predictions and projections?

Please answer both subparts. I will really upvote. Thanks

I just need the first 3 please  (:

What role does forecasting play in the planning process, and what methods or techniques can be used for accurate forecasting?

What role does forecasting play in the planning process, and what are some common methods and techniques used to forecast future trends and events accurately?

Why Use ABC Analysis and what are their limitation?

Please original work What is an example of a customer facing decision for HEB supermarket chain. Briefly talk about the issue and explain the decision making process you would use to resolve the issue.   What recommendation would you make for a  customer-facing software sold for the purpose of customer relationship management?

Analyze the various benefits that an organization can gain from implementing a CRM system, with a focus on both customer-centric and business-centric advantages.

Define and describe the promise of CRM, explain why it is important in business and choose one model for our business, explaing the reason for choosing this model to justify what you are saying?

With the streamlining of its loyalty card scheme what shouldHolland & Barrett do to enhance its customer relationshipmanagement?

Describe and explain what CVP analysis is. Provide examples of how managers may use this tool for sensitivity analysis.

What capabilities would an organisation require to be able to operate without forecasting?