In connection to Risk Management, what is the reward for risk taking? Subsidies Low taxes Efficient Operations Profits
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- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- You have been appointed as the General Manager of Transoxania Solutions (Pvt) Ltd which is a leading software house. Transoxania Solutions deals in ERP systems and the CRM systems; the firm also develops web based applications for its clients across the globe. The firm is considered to be a good place to work for and experienced a very low turnover rate in the last ten years. In this regard, statistics suggested that from 483 employees, only 06 employees resigned in the past two years. However, training and development had been neglected over the period of time and the recent survey has found that much of the employees are either redundant or are highly overpaid. Now as the General Manager of Transoxania Solutions (Pvt) Ltd, you are required to identify that: 1) what kind of change is required at Transoxania Solutions (Pvt) Ltd? 2) what issues you may face while implementing the change as the leader of Transoxania (Pvt) Ltd? How will you address the issue pertaining to the resistance…TRUE OR FALSE Key performance indicator scorecards that don’t reflect a company’s strategy can be just as effective as the Balanced Scorecard.2500 report on corporate strategy for coffee merchant zambia that will apply for upcoming 10 years
- Founded in 2001, Ruisheng Microtech Shenzhen is a software developing company based in Shenzhen, China. It produces third-party software for bigger contractors like Huawei and other Chinese companies in the same sector. Until recently, business has always gone quite well due to its high-quality service and the company’s diligence to keep to the tight deadlines, like those imposed in the IT sector. However, a series of issues in the latest programs that Ruisheng sold attracted various complaints and requests for modifications. Some of Ruisheng’s contractors threatened to shift to its competitors in the same area, despite the goodwill shared between the companies, and Ruisheng has been given only a few weeks to address and resolve the issues. The company’s general manager is now facing some complex decisions in order to solve this impasse and reclaim its former customer-satisfaction levels.a. What types of strategic plans can Ruisheng make to address its quality issues?b. What…What would a manager recommends the CEO to evaluate processes, risks,and internal controls for its revenue cycle in fashion industry?11.1 Safelite guaranteed an $11 hourly wage when it rolled out performance pay, so it paid installers $20 per windshield or $11 per hour, whichever was greater. How many windshields must a worker install in an 8-hour day for performance pay to equal the $11 hourly wage? Workers installed 2.7 windshields per day before performance pay. Did it take a little or a lot of extra effort to reach the “incentive zone”? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- Explain.. How does operations planning contribute to risk mitigation and business continuity planning?b. Based on this extrapolation, when would Amazon be predicted to equal Walmart in revenue?c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?b. Based on this extrapolation, when would Amazon be predicted to equal Walmart in revenue? c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?