10. Bochie's samgyupsal restaurant is now experiencing low sales because it is rainy season and he don't know what action to do. What do you think he should do in the first place to prevent this problem? A. He should use benchmarking in order to compare his business to other businesses B. He should include his subordinates in planning to resolve the issue. C. He should have contingency offerings in his restaurants that is suitable to the rainy weather. D. He should list the activities that he must accomplish in order to achieve his objectives.
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- When the idea first occurred to her, it seemed like such a win-win situation. Now she wasn't so sure. Marge Brygay was a hardworking sales rep for Inspire Learning Corporation, a company intent on becoming the top educational software provider in five years. That newly adopted strategic goal translated into an ambitious, million-dollar sales target for each of Inspire's sales reps. At the beginning of the fiscal year, her share of the sales department's operational goal seemed entirely reasonable to Marge. She believed in Inspire's products. The company had developed innovative, highly regarded math, language, science, and social studies programs for the K— 12 market. What set the software apart was a foundation in truly cutting-edge research. Marge had seen for herself how Inspire programs could engage whole classrooms Of normally unmotivated kids; the significant rise in scores on those increasingly important standardized tests bore Out her subjective impressions. Bur now, just days before the end of the year, Marge's sales were $1,000 short of her million-dollar goal. The sale that would have put her comfortably over the top fell through due to last-minute cuts in one large school system's budget. At first, she was nearly overwhelmed with frustration, but then it occurred to her that if she contributed $1,000 to Central High, the inner-city high school in her territory probably most in need of what she had for sale, they could purchase the software and put her over the top. Her scheme would certainly benefit Central High students. Achieving her sales goal would make Inspire happy, and it wouldn't do her any harm, either professionally or financially. Making the goal would earn her a $10,000 bonus check that would come in handy when the time came to write out that first tuition check for her oldest child, who had just been accepted to a well-known, private university. Initially, it seemed like the perfect solution all the way around. The more she thought about it, however, the more it didn't quite sit well with her conscience. Time was running out. She needed to decide what to do. 1. Donate the $1,000 to Central High, and consider the $10,000 bonus a good return on your investment.create an Operationalplan for a wind farm (wind turbines that produce electrcity) Your operational plan should include key processes,structures and strategies involved in the transformation ofinputs into outputs. Where possible, a transformationmodel may be used to demonstrate this process. Thebusiness approach to planning and management ofproduce and services may also be included. And descriptions of key personnel and the organisationalstructure, employments agreements, etc.Q1)A. In which way such categories as Strategy, Organization and Information System are related? B. How IT can improve business processes?
- Cologne Ltd. is a large consumer products company. The incumbent CEO of the company left and Mr. Raza, who was second in command to the CEO, took over as CEO of the company. Mr. Shamsi is a senior executive in the company and has his own views. He has after all been in the business for a decade and a half and he thinks he knows how to tackle the slump the industry is going through. He did not wasted time and talked to the new CEO and told him what he thought needed to be done in the company. The CEO heard him out and suggested that he give him some time to learn the ropes. Eventually, when he did lay out his plan, Mr. Shamsi was shocked to see all his suggestions completely ignored. When he asked the CEO about this, he responded cryptically that he wanted a team that supportedhim completely and hinted that Mr. Shamsi leave the company if he was unhappy. He actually ventured far enough to offer his assistance in finding a new job for Shamsi. Mr. Shamsi was shocked. He did not understand…6____ A company's mission statement typically addresses which of the following questions? a . "Who are we and what do we do?" b . "What objectives and level of performance do we want to achieve?" c . "Where are we going and what should our strategy be?" d . "What approach should we take to achieve sustainable competitive advantage?" e A dream of the CEOs of the company4. When an organization is evaluating its strategic position, which is NOT one of the strategic questions that an organization may ask itself? a. If no changes are made, where will the organization be in 10 years? b. Where is the organization now? c. If the evaluation is negative, what specific actions should management take? d. Are we a socially responsible firm? e. If no changes are made, where will the organization be in one year?
- As operations manager of Holz Furniture, youmust make a decision about adding a line of rustic furniture. Indiscussing the possibilities with your sales ma nager, Steve Gil bert,you decide that there will definitely be a market and tha t your firmshould enter that market. However, because rustic fu rniture has adifferent finish than your standard offering, you decide you needanother process line. There is no doubt in your mind about the decision,and you are sure that you should have a second process. Butyou do question how large to make it. A large process line is goingto cost $400,000; a small process line will cost $300,000. The question,therefore. is the demand for rustic furniture. After extensivediscussion with Mr. Gilbert and Tim Ireland of Ireland MarketResearch, Inc., you determine that the best estimate you can makeis that there is a two-out-of-three chance of profit from sales aslarge as $600,000 and a one-out-of-three chance as low as $300,000.With a large process line, you…Health and Cure Hospital (H&C) is a new hospital in Amman and tries to provide thebest medical care and facilities to its patients. After a short period of time, they noted thatit is very difficult to keep records of its day-to-day activities manually as well as themedical staff information is not well-organized.The executive management in H&C believes that the business requirements haveemerged and they need to invest in developing new technology. Therefore, they met theIT managers and they indicated that they need to develop a database system toorganize all information about patients and medical staff in each department, in additionto that it will help to keep records of all hospital activities.H&C consists of set of medical departments, such as Surgical Department, InternalMedicine Department and Pediatrics & Neonatology Department. Each patient has hisown record that contains his personal information such as name, address, age, and soon. The hospital needs to track…3. In establishing a successful customer relationship and stay competitive in the market, Amazon should take care of the following. Elaborate both areas in detail. a) The required changes which meet the expectation of the customers.
- 20) A ‘Highly Responsive’ OPSCM strategy is a good match for aPrice Leadership competitive strategy.Select one:A. TrueB. False21) Which is not one of the reasons that all business studentsshould study OPSCM?Select one:A. It’s related to all other fieldsB. it is critical to your organization’s successC. it is critical to your career successD. it’s one of the highest cost processes in a business.E. All of these are valid reasons22) The aggregate production/operations plan is done at thedetail level of individual products and services.Select one:A. TrueB. False10.a. In a shop that participates in a formalized preventative maintenance program, the _______ isresponsible for adjusting the PM schedule when a component fails more frequently than its currentinspection interval.A. maintenance engineerB. program administratorC. shop general foremanD. shop supervisor10.b. Which one of the following isn’t a goal of a PM program?A. Limit downtimeB. Save a company money on maintenance so that the cost of its products stays competitiveC. Keep a machine running within its specificationsD. Use fewer repair parts and less time to install those parts10.c. Which of the following tasks is an uptime PM task that can be performed while the machine is runningduring production?A. Checking the motor starter contacts for burned and pitted areasB. Checking for excess noise or vibration on the machineC. Checking the condition of the couplingD. Tightening electrical connectionsA plan is prepared that is long-term in nature and it was decided what activities will be done for achieving the plan. It was also decided how many employees will be needed, capital for achieving goals, and what type and how big of an office or land is needed for achieving this plan. Which hierarchy of plan is discussed? a. Strategy b. Procedures c. Policies d. Objectives