Job Skills Necessary for Success Many people have argued that the skills needed to be successful in today's workforce have changed. What skills do you feel an individual needs to be successful in a job today? Why do you feel these skills are most important?
Q: What is the reason that the expectancy theory is complex?
A: Motivation is an inducement to work. It is a technique to stimulate a person to perform the task in…
Q: In general, on what basis is responsibility for HRM divided between line and staff managers?
A: Every company has an organizational structure that demonstrates the hierarchical nature prevailing…
Q: HOW CAN YOU APPLY THE CSR HERE? The pandemic that the world is experiencing at the moment has…
A: Corporate Social Responsibility( CSR) : Minimum responsibility of the corporate companies towards…
Q: In what ways can informal groups affect a business?
A: Informal groups are described as the groups that are formed by people in an organization to address…
Q: Organizational stability and sustainability are the most wanted KPI of most organizations. With…
A: Motivation is an inducement to work. It is a way to stimulate and drive the behaviour of an…
Q: What is meant by departmentalization by function?
A: Organizational management is described as the process through which resources in an organization are…
Q: Course: Human resource management Differentiate between the following types of interviews…
A: Interview : It is a face-to-face conversation between the interviewer and the interviewee It helps…
Q: Differentiate moral rights from legal rights.
A: Rights refer to social, legal or ethical entitlements or principles of freedom. They are fundamental…
Q: How an organization can improve its creativity?
A: In an organization, creativity is important for innovation. Whether you use creativity in…
Q: How would you apply policies and procedures to ensure that there are accuracy and integrity of…
A: Data is the spinal cord of any organization irrespective of size. It is the basis upon which various…
Q: What is a bureaucracy (related to management and organization behavior?)
A: ORGANIZATIONAL BEHAVIOR: OB refers to the ways in which individuals interact and behave within…
Q: What is coalitional leadership? How can you develop coalitional leadership within the organization?
A: A process by which an executive can manage, guide and influence the behavior and work of others to…
Q: LEARNING/REFLECTION OF THE SUBJECT ENGINEERING MANAGEMENT?
A: Management is all about planning, arranging, coordinating, and controlling things to get better…
Q: Define the term retraining.
A: Human resource management is part of business activities apart from operational, accounting,…
Q: For each Organizational Behavior Model, identify an existing business that you think is a best…
A: ORGANIZATIONAL BEHAVIOR: OB refers to the ways in which individuals interact and behave within…
Q: How Maslow’s hierarchy of needs provides a useful way of viewing employee motivation?
A: About Maslow's Hierarchy Of Needs - Maslow's Hierarchy Of Needs, is a type of concept, which is…
Q: What's is shell's management strategy?
A: Shell plc. is a British-traded multinational company. It is a multinational oil and gas company with…
Q: Why creativity and innovation is important in 21st century?
A: Innovation and change have become the key components for the success and failure of any business.…
Q: Conduct a SWOT analysis of Major Organised Crime and Anti-Corruption Agency (MOCA.) e. Citing at…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Advise the Board about the quick actions you took at Makro due to COVID-19
A: Covid-19 has created unprecedented challenges for organizations of all sizes and industries. This…
Q: What is organization development and its purpose.
A: The main motive of any organization will be have stable profit. This can be achieved through…
Q: how to improve communication in organization? use case study to explain it.
A: Communication: It is the process in which two or more parties exchange the information. The purpose…
Q: Analyze the organizational structure of the government, particularly the assignment of tasks,…
A: Organizational Structure The outline or blueprint of an organization's operation is referred to as…
Q: Corporate social responsibility is a broad concept. Explain the dimensions of social responsibility.…
A: Corporate social responsibility is a responsibility of corporates, business organization towards…
Q: explain why being ethical comes first before practicing social responsibility
A: Social responsibility in an organization is completely dependent upon ethics. If anyone makes the…
Q: What is the role of The National Center for EmployeeOwnership?
A: The origination of NCEO was in the year 1981. Its mission is to deliver the most reliable and…
Q: What are the key distinctions between high-contact and low-contact service models?
A: The term customer service refers to the assistance provided by the business organization to its…
Q: Explain Herzberg’s Motivation–Hygiene Theory.
A: The motivation of employees is said to process where employees are made to feel encouraged and…
Q: You work for the CEO of a new company that plans to manufacture and sell a new product, a watch that…
A: The ROE is the return earned on investments in the equity component. It pertains to equity…
Q: Explain the importance of small businesses in a country’s economy.
A: Introduction- Small businesses contribution is more than the large corporations in the country's…
Q: What is the use of an organization chart?
A: The functions of management describes various roles which is performed in prescribed manner to…
Q: Give implications or the importance of strategic evaluation to the customers and to the organization…
A: The company's main aim will be increase the profitability of the company, and it can be done through…
Q: Explain the Expectancy theory.
A: Motivation can be defined as a driving force that affects the choice of the various alternatives in…
Q: Explain Reinforcement theory.
A: Management- It is the procedure of planning and organizing the business activities and resources of…
Q: Engineering Management 1. Identity 3 risk in construction and suggest how are you going to manage…
A: Introduction- Risk management is very important part of Project management, whether it's related to…
Q: Look at least two companies having CSR and discuss their CSR.
A: CSR is the new responsibility which companies have to take care of on one hand it is the boundation…
Q: Which kinds of firms probably would operate most effectively as centralized firms? As decentralized…
A: The management functions are performed with perception of having appropriate approach that gives…
Q: What are the different types of Employee training.
A: Training is part of the workplace knowledge and skill inculcation program for employees. It means…
Q: In this time of pandemic, what do you think is/are the best rewards an employer can offer to their…
A: A reward system depicts the norms, standards, and values of an organization It is utilised by…
Q: Discuss Toyota's international corporate level strategy over time, from the point of view of local…
A: When expanding your business into a new global market, there are a few key points to consider.…
Q: What are 3 very important characteristics of a Leader that your Team should have?
A: A person has to be a part of a group in one or the other situation. Tasks are to be managed by a…
Q: What unethical business practices were involved in the Wells Fargo incident? Give examples and…
A: Every business regardless of its size has the possibility or potential to indulge in any unethical…
Q: Explain how a proper job should be designed in an organization considering the organization and the…
A: Job designing is the procedure of deciding the workings and duties of a…
Q: The COVID-19 pandemic has accelerated existing trends in the labour market such as e-commerce,…
A: Introduction- The COVID-19 epidemic highlighted the importance of flexible work options,…
Q: Can financial and non financial motivations minimize the high staff turnover rate ?
A: Motivation is described as an inducement to work. It is a way to stimulate a person to perform at…
Q: Draft a comprehensive communications plan using a recognized framework. Target both internal and…
A: Communication: Communication means sharing of any information between two persons. Communication…
Q: VUCA stands for Volatility, Uncertainty, Complexity and Ambiguity. (a)Elaborate how VUCA can affect…
A: VUCA stands for volatility, uncertainty, complexity, and ambiguity. The characteristic of being…
Q: what are the three most important things leaders can do to encourage a more ethical culture in their…
A: In recent years, it seems that the ethical culture of many companies has been under the microscope.…
Q: Differentiate the following Organizational structure: Functional organizational structure to matrix…
A: Introduction- A system that defines how specific tasks are directed in order to fulfill an…
Q: 6. The main question concerning digital inequality is the extent to which there are still barriers…
A: Digital divide : the inequality to access the internet and ICT is known as digital divide. Over 52%…
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- Some new product launches fail and this leaves a negative impact on the profitability of the company. Using a particular product as an example, discuss1. Some of the key determinates and conditions that need to be met to launch that product successfully on the market; 2. What may go wrong with the launch of that product and why? 3. What steps should the company launching the product take in order to mitigate product launch failure or to address the situation in the event of a failure of the launch of that productPlease answer this and dont just copy paste it on google? i need some opinion here. PLEASE DONT ANSWER LIKE THIS CAUSE ITS BASICALLY FRFROM GOOOG Ans 1 Quality management” ensures superior quality products and services. Quality management is essential for client satisfaction that eventually results in client loyalty. Quality management tools facilitate an organization to style and create a product that the client truly needs and needs. Quality Management ensures magnified revenues and higher productivity for the organization. Quality management helps organizations decrease waste and inventory. Ans 2 TQM can have an important and helpful impact on worker and structure development. By having all employees focus on quality management and continuous improvement, firms will establish and uphold cultural values that make long-run success to each customer and therefore the organization itself. Core ideas for TQM areCustomer satisfaction – be client targeted.Internal customers are…Dropdowns (Above)1. Yes/No2. Less than/greater than3. 20,30,40,50,60,70,804. Are/Are Not5. May/May Not
- 1) what is the Importance of problem formulationProblem definition & project objectives2. what are the steps in data science (analytics) problem solving approachExplain basic steps & important aspects) Creative Sports Design (CSD) manufactures a standard-size racket and an oversize racket.The firm’s rackets are extremely light due to the use of a magnesium-graphite alloy that wasinvented by the firm’s founder. Each standard-size racket uses 0.125 kilograms of the alloy andeach oversize racket uses 0.4 kilograms; over the next two-week production period only 80kilograms of the alloy are available. Each standard-size racket uses 10 minutes of manufacturingtime and each oversize racket uses 12 minutes. The profit contributions are $10 for eachstandard-size racket and $15 for each oversize racket, and 40 hours of manufacturing time areavailable each week. Management specified that at least 20% of the total production must be thestandard-size racket. How many rackets of each type should CSD manufacture over the next twoweeks to maximize the total profit contribution? Assume that because of the unique nature oftheir products, CSD can sell as many rackets as they can produce.In 2020, a manufacturing company instituted a total quality management (TQM) program producingthe comparative report shown below:[LO 17-5]Summary COQ Report(in thousands)2019 2020 % ChangePrevention costs $ 200 $ 300 +50Appraisal costs 210 315 +50Internal failure costs 190 114 −40External failure costs 1,200 621 −48Total COQ $1,800 $1,350 −25On the basis of this report, which one of the following statements is most likely correct?a. An increase in conformance costs resulted in a higher-quality product and, therefore, a decreasein nonconformance costs.b. An increase in inspection costs was solely responsible for the decrease in quality costs.c. Quality costs such as scrap and rework decreased by 48%.d. Quality costs such as returns and repairs under warranty decreased by 40%.e. Nonconformance costs increased by 50% and conformance costs decreased by approximately 47%.
- 2. CRM can be classified into the two main types: operational CRM and analytical CRM. Briefly explain thetwo types and give an example for each type.3. Why does Harrahs' loyalty program work when others don't? 4. One of the key concept in CRM is the Life Time Value (LTV) of a customer. Let's assume that we are acompany that sells coffee and snack and Tom is our customer. Calculate Lifetime Value (LTV) of Tom withthe Custom LTV Equation way ( https://blog.kissmetrics.com/how-to-calculate-lifetime-value/ ) . Tom 'saverage expenditure per visit is $10 and Tom visited us 10 times per week on average. A customer usuallyremains as a customer for 3 years (i.e., the average customer lifespan is 156 weeks (3 years *52 weeks peryear) and profit margin per customer is 10% on average.Integrated Products Corporation (IPC) needs to estimate its PC sales for next year.The most recent six years of revenue data for the company’s line of XT PersonalComputers, and those of the industry, is found in the table below:Year XT PC Sales Revenue($’000,000)All Industry PC Sales Revenue($’000,000,000)1 2.4 4.62 5.9 8.63 15.5 10.74 27.8 14.85 35.9 18.56 38.1 19.4Required:A. Assuming that the sales data above are representative of sales expected nextyear, use time series regression analysis to forecast next year’s sales revenues(there is no seasonal effect).B. Perform a regression analysis between the annual sales revenues of XTPersonal Computers and all industry PC annual sales revenues. What is theforecast for next year’s sales revenue for XT Personal Computers if the estimateof next year’s industry PC sales revenues is $21.9 billion? C. Advise management at Integrated Products Corporation (IPC) which of the twosales estimates from parts A and B above they should use. Justify your…Integrated Products Corporation (IPC) needs to estimate its PC sales for next year.The most recent six years of revenue data for the company’s line of XT PersonalComputers, and those of the industry, is found in the table below:Year XT PC Sales Revenue($’000,000)All Industry PC Sales Revenue($’000,000,000)1 2.4 4.62 5.9 8.63 15.5 10.74 27.8 14.85 35.9 18.56 38.1 19.4Required:A. Assuming that the sales data above are representative of sales expected nextyear, use time series regression analysis to forecast next year’s sales revenues(there is no seasonal effect).B. Perform a regression analysis between the annual sales revenues of XTPersonal Computers and all industry PC annual sales revenues. What is theforecast for next year’s sales revenue for XT Personal Computers if the estimateof next year’s industry PC sales revenues is $21.9 billion?
- Excel based modeling has grown in importance in business organizational settings. You are required as the Operations Manager of a Mobile telecommunication company to write a report stating the benefits and drawbacks of modeling and specially excel based modeling for your organizations. Your report could include the following areas 1)Introduction 2)Definition of Modeling 3)Definition of Excel modeling 4) Advantages of Modeling 5)Advantages of Excel modeling 6)Disadvantages of Modeling 7)Disadvantages of Excel modelingWrite “True” if the statement is true and write “False” if the statement is false.1. With the emergence of the information era, companies need to create value from theirintangible assets as well as their physical and financial assets.2. The primary purpose of balanced scorecard is to obtain increased operating profits for thecurrent year.3. To achieve success, it is important to set non-financial objectives as well as financial objectives.4. Different value propositions lead to different balanced scorecards.5. A properly constructed balanced scorecard tells the story of a business unit’s strategy.6. Strategy is about selecting the set of activities in which the organization will excel to create asustainable difference in the market.7. The vision and mission statement set the general direction for the organization.8. To create the balanced scorecard, first measures are identified and then translated intoobjectives.9. One valuable measure for the customer perspective of the balanced…1. Compare the management model Kotter, Satir, Bridges and Lewin models. What are the drawbacks of each? What is the common thread that always appears in each of these models? Explain And give the reference (please solve my problem and no reject, thank u)