In your opinion, how does the practice of benchmarking affect the performance of a company? Justify your answer using examples that are pertinent to the topic.

Q: Discuss about the overview of CRP and ERP.

A: CUSTOMER RESOURCE PLANNING(CRM) CRM or customer relationship executives is programming that deals…

Q: 6 project management issues faced in executing, monitoring and controlling when building a seawall…

A: Building a seawall can present a range of project management issues in executing, monitoring, and…

Q: Gestat, inc uses a kanban system in its automobile production facility in Germany. This facility…

A: Given- Processing time per part= 150 secondsContainer size = 30 partsAverage waiting time per…

Q: is the contracting model in which the advertiser must pay for the interaction and registration of…

A: Cost per lead is the prefixed money given by the advertiser for each lead generated. Cost per…

Q: The five modes of entry are exporting, licensing arrangements, partnering and strategic alliances,…

A: A green-field venture is said to be a kind of business investment in which a parent organization…

Q: Based on your analysis of Hibbett’s strengths and weaknesses, which generic strategy would you…

A: A differentiation approach would be the greatest general strategy for the company, according to an…

Q: The weekly meetings of Lyle's staff have had little attendance, and those who attend usually do…

A: The BEST way for Lyle to handle the situation is option 2, which is to change the meeting time of…

Q: Process standardization—what is it? Its parts?

A: Process standardization is a management approach that means to establish consistent and repeatable…

Q: Question 2 SC Consulting, a supply chain consulting firm, must decide on the location of its home…

A: To determine the optimal location for SC Consulting's home offices, we need to consider the fixed…

Q: What is the duration of the critical path? The following table is an activity list that includes…

A: A network diagram shows the sequence of the task that is done to complete a project. It usually…

Q: Do you think that the organisation is solely responsible for the career management of its employees?…

A: Organizational career management refers to the procedures and methods used by businesses to assist…

Q: How important are sourcing team processes and procedures?

A: Each firm's sourcing function, which involves finding and choosing suppliers that can satisfy the…

Q: Company Z is just starting to make a brand new product it has never made before. It has completed…

A: The time for the first unit is 12 hours  the time for the second unit is 11 hours Here, I would…

Q: Dave Fletcher was able to determine the activity times for constructing his laser scanning machine.…

A: A network diagram shows the sequence of the task that is done to complete a project. It usually…

Q: For a workforce of 1,700 full-time employees who work 40 hours per weeks and 850 part-time employees…

A: Here, full-time cost per hour is given for each component and part-time cost per hour is given for…

Q: The following time series represents the number of automobiles sold by a car dealership each of the…

A: Given-

Q: True or False 1. Given three corner points A, B, and C of a linear programming problem, if A is…

A: Linear programming is a mathematical optimization technique used to find the best solution to a…

Q: Tuff-Rider, Inc., manufactures touring bikes and mountain bikes in a variety of frame sizes, colors,…

A: Given data:  Touring:Annual demand (D) = 6000 units/yearLot size (Q) = 120 unitsProcessing time (p)…

Q: In the selection of police officers, a poor risk that gets hired is also known as a: A. false…

A: Organisational culture is the mixture of company's belief, attitudes, values and how these factors…

Q: Write an essay detailing research, based on the information presented below for the Aubree…

A: 1a. Aubree Multinational Corporation is a large pharmaceutical supplier based in the United States,…

Q: Alinear programming computer package is needed. Western Family Steakhouse offers a variety of…

A:

Q: What are the various types of groups often found in work situations? Why do people join groups?…

A: The above-given questions are regarding work groups and teams. Workgroup design can be described in…

Q: Airport attract industries to be located nearby for example KLIA, Penang, Senai and Sepang. It is…

A: Penang is situated in northern Malaysia having to be known for its manufacturing industries.…

Q: 1. Please give 2 examples of an Absolute Simulated Price. 2. Please give 2 examples of a Relative…

A: Simulated pricing and contracts can be used in operations management to model, analyse, and assess…

Q: earn to tell the difference between a functional, matrix, and project-based structure. Explain the…

A: Organizational structure refers to the formal system of authority, communication, roles, and…

Q: In what ways is the significance of the importance of standardization significant?

A: Standardization is the process of developing and executing technical standards, specifications, and…

Q: How analytical CRM can support this ? Discuss the importance of analytical CRM in general.

A: Analytical Customer Relationship Management (CRM) is a strategy that focuses on leveraging customer…

Q: a) The aim of the objective function for Par​ Inc., should be to Maximizethe objective value.   b)…

A: For the given dataset, I would formulate the LP, and after LP formulation, I would solve this LP…

Q: How can staff managers ensure that their recommendations are aligned with the organization's goals…

A: There are following recommendations of staff manager who is aligned for the organization's goals and…

Q: Healthy Foods is a restaurant that is located in the centre of Hana Town. It provides a variety of…

A:

Q: John is operating a business in the Caribbean in the manufacturing sector. Over the years the…

A: This inquiry has to do with both strategic management and organizational structure and design. It…

Q: The Friendly Neighbor Grocery Store has a single checkout stand with a full-time cashier. Customers…

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: 1. A small furniture shop that focuses on making kitchen chairs produces 20,000 kitchen chairs…

A: The amount of the output is called Labor productivity.  Old machine produce chair = 20,000 New…

Q: Examine the significance of project scheduling and the challenges that might develop as a…

A: To achieve project goals within a certain time period, project scheduling is the process of figuring…

Q: Your Lego furniture company makes Tables and Chairs. Below, you are given the starting inventory,…

A: To find: The number of chair and table for maximize revenue. Given: For scenario 4 the large wood…

Q: A time study was conducted on the Home-Style Cookies packaging line. The observed times and…

A: Find the Given details below: Given details: Step Performance Rating Observation (minutes) 1…

Q: n adhoc maturity stage ,there is minimal risk management and compliance avoidance in an organization

A: A risk maturity model can be said as a tool or process to survey the viability of an organization's…

Q: If you are business consultant for the service organisation, examine the suitable theory concept…

A: As a business consultant for a service organization, one suitable theory concept to improve the…

Q: You are to locate and summarize two scholarly works on the topic of ethics in project management.

A: Ethics is a very important project aspect. Companies can both succeed and fail if they do not stay…

Q: Consider a manufacturing process depicted by the following flowchart. flowchart Station A has 3…

A: Given data:   Process time of station A1, A2, and A3 =12 minutes  Process time of station B = 14…

Q: 2. A company has six manufacturing plants and six warehouse located at different places in Luzon.…

A: An assignment problem is a technique to find the combinations of the optimal solution to the…

Q: A company needs to rebalance a product layout for producing new plastic license plates. They plan to…

A: Given-

Q: Among all of the stakeholders in an office project, which is NOT a reason to do a market study?…

A: A market study is an analysis process that mainly focuses on identifying the demand and supply…

Q: How do you cope up with Lack of service inventories when your are trying to maintain a business?

A: Inventory management is the process of ordering, storing, using, and selling the inventory of the…

Q: s the PDCA Cycle important? Use it how?

A: First Let me describe the PDCA cycle,  Plan: Discover and record possibilities; examine the issues…

Q: The demand (in units) for a product in the past 4 months are: 371, 398, 384, 367 What is the value…

A: Naive method predicate that next time period value will be the current period value.

Q: ons of their spiritual interaction and actual workplace participation?

A: Workplace spirituality is the pursuit of one's ultimate purpose in life, the formation of deep ties…

Q: As part of a major plant renovation project, the industrial engineering department has been asked to…

A: Given-

Q: Can you describe the operational environment and provide an example?

A: The term "operational environment" generally refers to the specific conditions and factors that…

Q: Using the five (5) key elements of leadership that are: Leaders-Followers, Influence, Organizational…

A: In a competitive business environment, compelling leadership is a fundamental necessity in order to…

Business Impact Analysis

Business Impact Analysis is a process carried out to determine the potential risks that can disrupt a business due to a disaster, accident, or other reasons. It is a mandatory part of a company’s business continuance plan. A business impact analysis measures the effects of disruptions on various business aspects, including service delivery, risks in delivery, Recovery Time Objectives (RTO), Recovery Point Objectives (RPO), and so on. The analysis helps to minimize the risk during the business. After completing the business impact analysis, the details are logged into a business impact analysis report, which is reviewed by the senior management.