3. Bob Weinstein, who co-founded and headed Disney's Miramax film unit,made the following statements: Bob: I used to wonder how Harvey viewed amovie; what was the quality he was looking for in making a decision to buy?He gave me an answer I've never forgotten. He said, "I actually watch amovie for the movie's sake, just as if I had paid my $7 to see it. Whether itwas costing me $2 million or $7 million to acquire it, that wasn't in my mind.It was just, literally, did I enjoy the movie for its own sake?" You follow yourinstincts and enjoyment rather than a formula in your head; you buy it on yourgut.(1) Describe the information-processing style that Bob is talking about.(2) Describe the other styles and their significance in decision-making.

Information Processing Styles Decision making process is the fundamental process in every…

Answered: Bob Weinstein, who co-founded and…

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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Please explain right as well as wrong options (1) when rubberstamp productions, previously a small-time production house, grew in size, the first thing its cheif executive officer (CEO) did was establish a set og guildlines that detailed all priciples, standards, and procedures to be followed in the conpany's line of business. The CEO set specific standards on topics ranging from treatment of coworkers to protection of the environment to maintenance of financial records. this scenario illustrates that the CEO developed a a.) code of ethics b.) cognitive map c.) database of employee records b.) performance appraisal document (2) Rose found strong evidence that her supervisor was stealing confidential documents from the company. she immediately reported her manager's actions to the top management. Rose's action is an example of: a.) whistle-blowing b.) brainstorming c.) property deviance d.) personal aggression
Respond the the following in 100 words? Part 1: This list seems to include all the good ethical policies that companies should follow to make moral decisions. While I cannot think of any philosophical takes that would add to the list it is essential to learn and understand these philosophies here in the MBA program as understanding these moral questions means we will be more aware when we are out working in our careers and can have enough skill to make the right ethical decision by growing our "moral muscle" (Brokerhof et al., 2023). Additionally, while the business ethics movement from the 80s had people not engaging in the movement the newest generations are being taught about ethics and this generation will show those that were unwilling to change their ways that making ethical decisions is the best thing they can do for their company (De George, 2006). Part 2: I think this is important as most companies intend to make their money in legit and ethical ways, but some people want to…
Review Table 6.1: A Comparison of the Philosophies Used in Business Decisions (p.158). When you post your main Discuss post, please clearly label each part of your response so that we can all easily understand what part you are answering.
Based on the articles on the following links"Griffin, K (2023) The Tupperware party is over. [Online] Available from: https://www.dailymail.co.uk/news/article11960521/The-Tupperware-party-iconic-brand-faces-collapse-77-years.html [Accessed April 2023 McCarthy K, (2023) Tupperware could go out of business, here’s why. [Online] Available from: https://abcnews.go.com/GMA/Food/tupperware-business/story? id=98495624#:~:text=Tupperware also chalked up lower,cash management and possible layoffs [Accessed April 2023] president and CEO Miguel Fernandez said the company has "embarked on a journey to turn around our operations" and "is doing everything in its power to mitigate the impacts of recent events -- taking immediate action to seek additional financing and address our financial position." Discuss in detail the role of Miguel Fernandes in the effectiveness of Tupperware’s turnaround strategy.
Based on the articles on the following links"Griffin, K (2023) The Tupperware party is over. [Online] Available from: https://www.dailymail.co.uk/news/article11960521/The-Tupperware-party-iconic-brand-faces-collapse-77-years.html [Accessed April 2023 McCarthy K, (2023) Tupperware could go out of business, here’s why. [Online] Available from: https://abcnews.go.com/GMA/Food/tupperware-business/story? id=98495624#:~:text=Tupperware also chalked up lower,cash management and possible layoffs [Accessed April 2023] One of the main take-aways of the corporate strategy module has been the importance of strategy evaluation at all times during the strategic management process. Recommend how Tupperware can employ strategy evaluation to avoid strategy failure going forward.
Based on the articles on the following links"Griffin, K (2023) The Tupperware party is over. [Online] Available from: https://www.dailymail.co.uk/news/article11960521/The-Tupperware-party-iconic-brand-faces-collapse-77-years.html [Accessed April 2023 McCarthy K, (2023) Tupperware could go out of business, here’s why. [Online] Available from: https://abcnews.go.com/GMA/Food/tupperware-business/story? id=98495624#:~:text=Tupperware also chalked up lower,cash management and possible layoffs [Accessed April 2023] According to the case study, Tupperware, an iconic organisation is struggling to remain afloat and relevant in 2023. Using the facts in the case study, analyse the business environment issues at play.
1. Descriptive analysis: What are the profitability benefits for Apple to engage in the following Short Term Business Decisions: a. Make or Buy b. Keep or Replace c. Accept or Reject Special Sales order
The Managing Director of B.S. Ltd. A consumer goods manufacturing firm, called an internal meeting of senior managers to discuss issues involved in acquiring SV Ltd. for about Rs. 350 crores. He started the meeting with following observations: ‘After acquiring SV, we will become the second largest consumer goods company in India with Sales of over Rs. 4500 crores. We will have more money for marketing initiatives, product launches and aggressive price-cuts. The key reason behind buying SV is to create shareholder value over and above that of the sum of the two companies. Recent years have been tough for both the companies with strong competition. The merged company hopes to gain a greater market share and achieve greater efficiency.’ Different issues discussed between the managers. Pertinent pointed out critical aspects: Like VP Productions emphasized that production facilities of both the companies need to be synergized. There is also need to close down production facilities of two…
Wha is something agreeable and diagreeable about this summary? In this article they go into detail about fairtrade and the different research from responses to fairtrade in the past. It explains that fairtrade is not a huge well-known topic to many people and how some are raking advantage by claiming to be what they are not. I personally knew of fairtrade, but not to this extent. After reading the full article I have found a few takeaways that I believe to be the most beneficial from the article. Over the years fair trade has gained more prominence in the marketplace. Yet the main issue is consumer concerns with the ethical consumption, green consumption in voluntary simplicity. IN 1999 Shaw and Clarke discovered that consumers who are looking for fair trade products have similarities in their ethical concerns. This opened a whole new perspective when it comes to fair trade. Really shedding light on the fact that their consumers not only care about ethical concerns but also…
Clear Field Cheese Company Case Andy Reisinger, CIO, and Sandy Knight, CSCO, of the Clearfield Cheese Company in central Pennsylvania had just returned from a meeting with Tom Powers, who was the CEO of the company. Andy and Sandy were both feeling the pressure of the competitive problems that Tom had presented in their weekly senior staff meeting. It was clear that Clearfield Cheese Company faced challenging market conditions. Background Clearfield Cheese Company was established in 1931 by two brothers, Ted and Terry Edwards, in Clearfield, which is located in an agricultural area in central Pennsylvania. At the time, the U.S. economy was in the throes of a severe economic depression. The local dairy farmers were experiencing financial duress because they could not sell their milk at a price which would cover their costs. Part of the problem was transporting the milk to Pittsburgh and other larger cities at a landed cost that was competitive with farmers in Ohio. The Edwards brothers…
Read the extract and answer the essay that follows Popo Molefe explains perils of Prasa locomotive deal, maintains trains were 'too tall' Former chair of the Passenger Rail Agency of South Africa (Prasa) board Popo Molefe told the Judicial Inquiry into State Capture that the irregular procurement of locomotive at the entity was dogged with gaps in integrity and transparency. Molefe appeared before the commission on Thursday morning after the inquiry took a week-long break from taking oral evidence. He spent much of the hearing responding to an affidavit by another former Prasa chair, Sfiso Buthelezi, on the locomotive deal. The R2.3 billion procurement of the "tall trains" is infamous as a colossal misstep in Prasa's recent history. The Special Investigating Unit (SIU) told Parliament that the rail agency stood to recover over R60 million from the ill-fated procurement at best, due to the liquidation of Swifambo, which was given the tender. Swifambo got more than R3.5 billion in…
Read the extract and answer the essay that follows Popo Molefe explains perils of Prasa locomotive deal, maintains trains were 'too tall' Former chair of the Passenger Rail Agency of South Africa (Prasa) board Popo Molefe told the Judicial Inquiry into State Capture that the irregular procurement of locomotive at the entity was dogged with gaps in integrity and transparency. Molefe appeared before the commission on Thursday morning after the inquiry took a week-long break from taking oral evidence. He spent much of the hearing responding to an affidavit by another former Prasa chair, Sfiso Buthelezi, on the locomotive deal. The R2.3 billion procurement of the "tall trains" is infamous as a colossal misstep in Prasa's recent history. The Special Investigating Unit (SIU) told Parliament that the rail agency stood to recover over R60 million from the ill-fated procurement at best, due to the liquidation of Swifambo, which was given the tender. Swifambo got more than R3.5 billion in…

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