10. Bochie's samgyupsal restaurant is now experiencing lowsales because it is rainy season and he don't know what actionto do. What do you think he should do in the first place toprevent this problem?A. He should use benchmarking in order to compare his business toother businessesB. He should include his subordinates in planning to resolve theissue.C. He should have contingency offerings in his restaurants that issuitable to the rainy weather.D. He should list the activities that he must accomplish in order toachieve his objectives.

Selling occurs when goods and services are transferred to a buyer who is in need of them. Sales…

Answered: 10. Bochie's samgyupsal restaurant is…

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter7: Planning And Goal Setting

Section: Chapter Questions

Problem 1ED: When the idea first occurred to her, it seemed like such a win-win situation. Now she wasn't so...

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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.
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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…
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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. False
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A 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

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