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- Question 11 Which best describes an operation that penetrates an existing market with a lower cost alternative within a short amount of time? Group of answer choices a. Product/service imitator b. Product/service innovator c. Focused operation d. Mass customization e. Unfocused operationQuestion 1 You have been tasked by Corica Pastries, to setup a retail location anywhere inMalaysia, to introduce their world famous apple strudels to the Malaysian market. . Store design (60% content)a. Determine the store layoutb. Store design – exteriorc. Presentation techniquesd. Store design – interiore. Store ambience’s consistent with the merchandise and customerexpectationQ1.) List and explain in detail about airline business models. NO COPY PASTE FROM INTERNET, WRITE IT IN YOUR OWN WORDS
- Question 1 – Case Study Alpha Homes is a private limited company involved in specialist home improvements, with two (2) main products. These are: Garage Conversions (GC) and Extension to Properties (EX). Alpha Homes currently implements the full-costing absorption method in providing price quotes to customers. The company seeks to remain competitive and has an existing policy to price all jobs at budgeted total costs plus 50%. You are the new management accountant, and currently reviewing the cost records, for materials, labour and overheads. Table 1 below indicates the expected costs of “jobs” in both product areas: Table 1 Cost subheads Garage Conversion (GC) Extension to property (EX) Price Quotes (£) Units Construction materials (£) 3500 8,000 Labour (£) 5,500 6,500 Fixed Overheads(£) 1,000 2,000 Variable Overheads(£) 1,000 4000 Required a i) Define and calculate the marginal costs and throughput costs for each unit of GC and EX products, using the…Practice Question 1 BackgroundKC Mechanic Shop was established by Mr. John, a seasoned mechanic who has over 20 years ofexperience in the automotive repair industry. Sales figures for the last ten months are as follows:-Months Actual Sales1 30,0002 39,0003 42,0004 50,0005 55,0006 61,0007 70,0008 77,0009 81,50010 90,000Spare Parts Use a three-period and a four-period weighted moving average to forecast salesfor the 12th month. (Use weights of 1,2,3 and 1,2,3 4). From the data provided in the case, use MAD to determine which forecastingtechnique is more accurate. If forecast for month 7 is $72,000, with an alpha of 0.4, use exponentialsmoothing to forecast sales for months 8 and 9.question 2: Where an organisation is looking to downsize they would be looking for A.outputs to remain the same and inputs to be reduced B.increase both inputs and outputs C.decrease both inputs and outputs, with inputs decreasing at a faster rate D.outputs to increase with little or no increase in inputs quesiton 3: When the number and cost of abour and equipment is used as inputs to calculate productivity, what is the productivity measurereferred to ? A.Total factor productivity B.Single factor productivity C.Multi-factor productivity D.Productivity QUESTION 4 Employee remuneration which is based solely on output without consideration of time spent) is referred to as A.Output based pay B.Numbers game pay system C.Piece rate wage system D.None of the above
- Question 1 (Marks: 25) The IT industry is constantly evolving which causes roles within the industry to change. Choose any two of the professions or roles from your course material and conduct additional research to answer the following questions Q.1.1 Write a paragraph of no more than 400 words where you provide an explanation (20) of your chosen roles AND how this role is likely to change in the future.Question 2: a) If the three activities of System Engineering Management are expressed in the form of a Venn Diagram, then the intersection between "Systems Engineering process" and "Lifecycle Integration" is termed as what? Draw the Venn diagram and discuss the different sections. b) From the System Engineering perspective, what criteria should a life cycle meet? And when is a system’s state said to have attained equilibrium and stability?The general manager called a meeting with the executive staff to address quality complaints received last quarter. His suggested new plan is designed to reiterate the hotel’s core values and service quality expectations to all the staff. Which of the following methods could best achieve this goal? Question 4 options: a) Provide financial incentives b) Hire an outside contractor to motivate employees c) Move employees to different departments d) Provide hotel-wide service training
- Question 4- case studyMorgan Black has been described by the corporate office as the Miracle Worker because of the troubled properties that were turned around under Morgan’s leadership. It is hoped the story at the Coug Inn will have the same happy ending; however, the Coug Inn is in a remote location, hundreds of miles from any other corporate properties. The Coug Inn is a 150-room full-service property with several medium-sized conference rooms; it caters mostly to business travelers and visitors affiliated with the local university. The bulk of the revenue is generated between August and May, with periods when classes are not in session being extremely slow. The hotel is at full occupancy only during football weekends and commencement. Occupancy has been declining for the last year or so, with last month’s RevPAR at a record low. Since arriving at the Coug Inn, Morgan has made several observations about the hotel’s situation. It seems that most of the problems involve the front…Question 1 (a) Adam has been layoff from his current company. He decided to start a new business by selling beverages. Describe FIVE (5) stages of individual product decisions that Adam need to go through. (b) Identify FOUR (4) types of service and illustrate your answer with relevant example.Experts pls tell me the answer of question 1
