Classify the following activities as primarily planning. Implementation, or control: a Doing a cost-benefit analysis of adding a new branch versus instaling three new automated teller machines (ATMS). b. Estimating the cost of raw materials to be purchased during the net quarter. cAnalyzing market demand to assist in the preparation of the sales budget. d. Compiling the labour report for the past veek e Outining the changes to a process based on a process reengineering team report. E Documenting the savings from reductions in raw materials inventory resulting from the adoption of a JIT inventory system.

Classify the following activities as primarily planning. Implementation, or control: a Doing a cost-benefit analysis of adding a new branch versus instaling three new automated teller machines (ATMS). b. Estimating the cost of raw materials to be purchased during the net quarter. cAnalyzing market demand to assist in the preparation of the sales budget. d. Compiling the labour report for the past veek e Outining the changes to a process based on a process reengineering team report. E Documenting the savings from reductions in raw materials inventory resulting from the adoption of a JIT inventory system.

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

See similar textbooks

Similar questions

FAST PLZ 6-A manager who reviews the previous performance and compares it with the current one for improvement, is performing which management function? Controlling Directing Staffing Planning
The manner in which the inputs, project resources, are combined, will have an impact on the quality of the output. Select one: True False
From the Objectives listed below, kindly update and list 5 SMART work Objectives to include those listed below. 1. Perform the Human Resource Administrative functions for the department. Monitor Staff Attendance and update leave register weekly. 2. Examine Birth, Death and Marriage Certificates within the work day period ensuring 99% accuracy. 3. File and Register Deeds, Power of Attorney and Bills of Sale within one day of presentation. 4. Maintain Office Stores - perform monthly stock check and ensure that adequate stock is available at all times. Update Assets Register after each purchase of equipment. 5. Provide Support to the Accounting Processes - certify invoices and approve local purchase orders with 100% accuracy.
Prepare a flowchart of the field service division process atDEF, as described here. Start from the point where a call isreceived and end when a technician finishes the job.DEF was a multibillion dollar company that manufacturedand distributed a wide variety of electronic, photographic, andreprographic equipment used in many engineering and medi-cal system applications. The Field Service Division employed475 field service technicians, who performed maintenance andwarranty repairs on the equipment sold by DEF. Customerswould call DEF’s National Service Center (NSC), which receivedabout 3,000 calls per day. The NSC staffed its call center withabout 40 call-takers. A typical incoming service call was receivedat the NSC and routed to one of the call-takers, who enteredinformation about the machine, the caller’s name, and the typeof problem into DEF’s mainframe computer. In some cases,the call-taker attempted to help the customer fix the problem.However, call-takers were currently only able…
State whether the following statements are true or false. If the statement is false, write its correct answer: 1. Process and Product design should be put in a way to reach customer satisfaction, and decrease profit and selling. Answer: 2. Operations management can be utilized in Process design, for it is beneficial to reduce the value of the product at every phase of its production. Answer: 3. A flow chart is a diagram that uses arrows and different symbols to represent consecutive events of a workflow or process. Answer: 4. The five key performance factors to access a process performance are: quantity, speed, dependability, flexibility and cost. Answer: 5. The process design consists of different steps and stages that are classified in an unorganized order, for the successful creation of the final product. Answer: 6. In the service industry, it’s possible to separate service design from process design. Answer: 7. Design is any part of an organization which…
Complete the following statements by filling, in the blanks with the correct word choose your answer below. Guest Registration Card Front desk officer Room Assignment Leader Preregistration Guest folio Housekeeping Productivity 1.____it refers to the blocking of rooms as per necessity of the guest. 2. For fast and efficient registration process,the information from the guest that includes name, address, contact number, company affiliation, and other personal data gathered are directly recorded in___ 3.______it includes several activities such as room and rate assignment and creation of guest folio. 4. In all businesses or establishments, no one would want to take long transactions as it slows___ 5.The front desk officer will directly coordinate with the______ department to give special care and attention for the room accommodationsof VIP guests that are booked. 6.Have_____ copies of the amenity voucher prepared by the front desk office. 7. After allocation of rooms for expected…
. A description of how the business will operate to achieve the company’s strategic goals and objectives. The description should include the following elements: -Masha hours/days of operation list of equipment scheduling of activities (who will do what and when)
Which business process takes into consideration the deficiencies identified by another process and the goals of the business? a.The value chain process. b.The work system process. c.The to-be process. d.The as-is process. What is a value chain? a.Steps used to create a product for retail. b.The set of activities used to create equipment for a customer. c.The creation of a product or service for a customer using a set of activities. d.Steps used to initiate a product for wholesale. Strategic management makes unscheduled, ad hoc decisions. Select one: True False
From the Objectives listed below, kindly draft updated SMART Objectives Perform the Human Resource Administrative functions for the department. Monitor Staff Attendance and update leave register weekly. Examine Birth, Death and Marriage Certificates within the work day period ensuring 99% accuracy. File and Register Deeds, Power of Attorney and Bills of Sale within one day of presentation. Maintain Office Stores - perform monthly stock check and ensure that adequate stock is available at all times. Update Assets Register after each purchase of equipment. Provide Support to the Accounting Processes - certify invoices and approve local purchase orders with 100% accuracy.
The Prime Manufacturing Company is a garment factory that employs about 1250 employees of varied skills. About 75 percent are women who are mostly in the production department. Men employees are assigned in the maintenance department and as operators of machines used in garment production. Women are mostly in the sewing department, packaging, and quality control. Mr. Duztin Fernando was hired to head the HR department. Prior to his assignment at Prime Manufacturing Company, Rod was in a construction firm, a medium-sized organization. His main concern was preparing the payroll and handling employees’ records. The Human Resource Department is composed of 5 employees, a payroll clerk, a personnel assistant, two supervisors, and Mr. Duztin Fernando as Manager. The record of Duztin Fernando in his academic achievements is quite satisfactory. His Bachelor’s degree is in the field of Engineering. Performance in the previous employment is quite satisfactory. The…
For tis week I will request from you to solve this mini case. The CEO of the Baker Inc, wants to implement a new accounting system, to improve work flow through the company’s sales, cash receipts, accounts payable, and cash disbursement procedures. The CEO is, however, concerned about the potential disruption that the implementation will have on operations. In an announcement letter to Baker’s employees, the CEO stated that: “I have contracted Flybynight Consulting Group to do the needs analysis, system selection, and design work. The programming and implementation will be performed in-house using existing IT department staff. The development process will be unobtrusive to user departments because Flybynight knows what needs to be done. They will work independently, in the background, and will not disrupt departmental and internal audit work flow with time consuming interviews, surveys, and questionnaires. This promises to be an efficient process that will produce a system that will…
24) ______________ refers to things an organization needs to perform the required tasks. a. Activities b. Resources c. None of the options listed d. Processes