Please elaborate on TWO thinking tools that help you manage your life as a student
Q: Describe to us why it is so critical to connect product requirements with production procedures.
A: Product requirements refers to the features of a product ,functionality and its purpose to use the…
Q: The Big Five Personality Model is used to organize traits and predict leadership in: a. situational…
A: Big five personality model is used to find out the basic five characteristics of a leader in order…
Q: Reference: Company B is currently running on an average rate. It does not earn too much but it makes…
A: As per the given case, the company has the problem of earning high profits. The company is currently…
Q: What makes the store manager of a retail company a classic example of an operations manager?
A: Operations managers are responsible for the operations of a company on a day-to-day basis. They…
Q: The "5 Why" technique is useful in identifying.. Six Sigma projects that should be prioritized.…
A: The 5 why technique is used to find out the root cause of a problem in order to remove it from its…
Q: In more specific terms, what does negotiation in purchasing refer to? With references please
A: Negotiation is mean between the two parties who are going to exchange something between tham to…
Q: The term "interruptions" has a variety of meanings. Describe the kind of interruptions you're…
A: Interruptions can be described as disturbance or distraction a worker faces in between a work.…
Q: Use x for hundred gallons of chocolate chocolate-chip and y for hundred gallons of chocolate peanut-…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: LahLa Mub Delivery a logistics operator process the packages for shipment. The items arrive at the…
A: Service rate is the rate at which the customers are being served by the workers in an organisation.
Q: When it comes to Performance Testing, how fast can you go?
A: Performance testing refers to the evaluation of the performance of a system to find out…
Q: Operations Management The subject is Foundations Hospitality Leader 1. What is a satisfaction…
A: A questionnaire is set of logical question which are prepared in a sequence to be asked by the…
Q: Singsong Ltd has expanded its business operations and they are now manufacturing two types of TVs in…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: s car as he was very One week after he p and he was not able owing: uality is in this scena focus on…
A: What is Cost of Quality (COQ)
Q: The Fly-Right Airplane Company builds small jet airplanes to sell to corporationsfor the use of…
A: a.
Q: Firms are increasingly exploiting the benefits of forming alliances and joint ventures. Discuss the…
A: Alliances and joint ventures are becoming increasingly popular as firms attempt to exploit the…
Q: compare key features of sole trades and partnerships. and how each has advantages over the other?
A: Sole traders are the entrepreneurs who individually manages the all the dealings of the business and…
Q: When R promises B that R will deliver to B P100,000.00 in exchange of B’s 10,000 worth of paintings.…
A: ANSWER : Assignment means the work or job to do some work Barter means exchange of goods without…
Q: a) Draw the precedence diagram and assign tasks using five workstations. b) What is the efficiency…
A: A project schedule network diagram shows the sequence of the task that are performed to complete a…
Q: Randy, James, Michael, Sophie, and Emily are employees of an organization. Their boss has requested…
A: Average time to gift wrap = 10 minutes Available time = 8 hours = 8 hours * 60 minutes in an hour =…
Q: operations Manageme A contract of sale is distinct from other types of contracts because it has two…
A: A contract of a sale is a contract in which one party agrees to sell a specified quantity to another…
Q: How important is growth? Can a company become non viable simply because it fails to maintain its…
A: Growth refers to the continous expansion of the company operations with increasing profits and…
Q: Consider the Work Breakdown Structure of this project. Immediate Activity Duration (days)…
A: Project duration is the time that any project takes to fully complete and deliver the final product…
Q: What is whistleblowing? When should an employee become a whistleblower? Under what circumstances is…
A: Whistleblowing means informing to leader about a wrong activity commited in the workplace.
Q: For which sourcing strategy is new revenue generated from innovation the most relevant KPI? -Volume…
A: Volume concentration refers to the case when two or more companies are clubbed together and their…
Q: a) What is the cycle time? b) What is the theoretical minimum for the number of work- stations that…
A: A project schedule network diagram shows the sequence of the task that are performed to complete a…
Q: Students arrive randomly at the counter of the CIT Library. There is only one library assistant,…
A:
Q: hese are not the right solutions, they are all coming back wrong which is why I reached out and…
A:
Q: agement studies at CPUT, he projected that e nated that the side will all need the same am plete the…
A: Given: Total project cost=R4000 70% of the project completes We have to calculate the earned value…
Q: Which of the following techniques is an organization development intervention that is targeted at…
A: Organisational development intervention refers to the programs developed by the organisation to…
Q: The following table shows estimates of activity times (in weeks) for a project: Optimistic Most…
A: The critical path is the path that takes the longest time to complete the whole project…
Q: operations* is the right answer
A: A JIT system is a production system that produces goods on demand. The system stores material and…
Q: Provide insight on W. Edwards Deming contributions to the quality movement?
A: Quality is an important matter for an organsiation as the quality improvement helps the firm to…
Q: ce with a Contractual Relationship and Wrongful Int
A: Tortious interference A claim for damages may be made under the common law tort of tortious…
Q: The host of a dinner party purchases wine based on the weighted average of clarity (10%), bouquet…
A: In Weighted Average each number in the data set is multiplied by a predetermined weight arrive at…
Q: Determine required standards (International Standards for management (ISO 9000, 14000, 18000))
A: ISO - management system standards (MSS) benefit organizations enhance their performance by…
Q: 5 developing customer development models for a potential start-up.Please give proper model for it…
A: Customer development model are the goals and achievements that are important for a potential…
Q: Operations Management is the ability to influence a group toward the achievement of a vision or set…
A: Leadership is a quality or trait of a leader which makes a group to attract towards him and follows…
Q: The progression of cell phone technology to smart phone would be considered what type of innovation?…
A: Innovation refers to the use of latest and innovative measures to develop a new product which is…
Q: READING WHY PRODUCTIVITY MATTERS It is sometimes easy to overlook the importance of productivity.…
A: Productivity refers to the increase in the output without increasing the inputs by either increasing…
Q: Which of the following is a true statement regarding project lifecycles? Iterative-phasing of a…
A: The project life cycle consists of four phases, Initiation: Includes developing project proposals…
Q: Valencia Products makes automobile radar detectors and assembles two models: LaserStop and…
A: Given data is L = number of laserstop model S = number of speedbuster model Objective function: Max…
Q: Comfortable chairs are delivered to XYZ chain of retail stores, called The Queen's Shop, once a…
A: Here, given data, The ROP or reorder point without safety stock=200, The carrying cost per unit per…
Q: se choose the most and least effective answers Statement Most Least Give the customer an example of…
A: Selling a service to a customer is not very easy because in today's world every customer is rational…
Q: The use of milestones assists in the tracking of project progress. In many of the client…
A: A milestone is a pointer in a project that indicates a variation or stage in expansion. Milestones…
Q: McDonald wants to increase its total revenue. One strategy is to offer a 10% discount on every…
A: Kindly find the detailed solution in step 2.
Q: Explanation of network development phases?
A: We have networks to build! If you’re an entrepreneur who doesn’t know where to start when it comes…
Q: Identify and critically discuss any THREE drawbacks/disadvantages of the smart factory (max 200).
A: A smart factory (also known as the industrial internet of things) refers to a production facility…
Q: True or False Selling the stock will earn more money than if they paid dividends-True or False If…
A: Dividends refers to the portion of a profit which a firm allows to the shareholders who holds the…
Q: What is the importance of Data Accuracy in Operations Management?
A: Data Accuracy Data accuracy is among the most important components of data quality, it cannot be…
Q: initiative. Expectations may vary over time. This may lead to Scope Creep and Feature Creep.…
A: An example of scope creep is an increase in the amount of time or money needed to complete a project…
critical and creative thinking Question
Please elaborate on TWO thinking tools that help you manage your life
as a student and give an example.
Step by step
Solved in 2 steps
- Consider the following thoughts of a manager at the end of the company’s third quarter: If I can increase my reported profit by $2 million, the actual earnings per share will exceed analysts’ expectations, and stock prices will increase. The stock options that I am holding will become more valuable. The extra income will also make me eligible to receive a significant bonus. With a son headed to college, it would be good if I could cash in some of these options to help pay his expenses. However, my vice president of finance indicates that such an increase is unlikely. The projected profit for the fourth quarter will just about meet the expected earnings per share. There may be ways, though, that I can achieve the desired outcome. First, I can instruct all divisional managers that their preventive maintenance budgets are reduced by 25 percent for the fourth quarter. That should reduce maintenance expenses by approximately $1 million. Second, I can increase the estimated life of the…Answer on these two senarios: Senario 1: You have decided to form a new start-up company developing applications for the iPhone. Give examples of the three distinct types of financial decisions you will need to make. Senario 2: You are the CEO of a company and you are considering entering into an agreement to have your company buy another company. You think the price might be too high, but you will be the CEO of the combined, much larger, company. You know that when the company gets bigger, your pay and prestige will increase. What is the nature of the agency conflict here and how is it related to ethical considerations?Each month melai and jason gonzaga have lengthy discussions about their household spending. They do not understand why they are continually short of money even though they both havr good salaries. What actions might be taken to avoid personal and financial difficulties?
- In conducting a SWOT analysis, Ali found that the company has a skilled workforce, a good market share and strong financing. This would be addressed in analyzing the company’s __________. __________. Weakness. Strengths. Opportunities. Threats. Strategies.Why are the maximax and maximin strategies considered to be optimistic and pessimistic, respectively?How will you help your friend with their plan to prevent the circumstances that led to the unsatisfactory academic progress? College finance aid
- 1. In the studies we have seen Budgeting can be used as a control mechanism in Management. In your views, how can this used a a control mechanism. you may include examples to explain your answers. 2. Budgeting can be an important tool if implemented properly. Identify several positive results when budgets are used properly. Since budgets affect people, identify several negative aspects if budgets are not implemented properly. 3. Super Chicken operates a chain of takeaway chicken shops . The company is operating in a very competitive market , and it is difficult to gain and maintain market share . Management believes it is important to monitor competitors ' actions closely , and to continue to offer new products and special promotions to create high visibility among customers . The management team has recently reviewed its mission which is : - To be a caring and environmentally responsible company , providing fresh and nutritious meals at an affordable price . Required : Consider the…Mr Smith is CFO at a venture-backed tech start-up with revenues of $20 million and approximately80 employees. He has worked at the company for several years, and now reports to Mr Raphael,the company's newly hired CEO.The company had been doing really well, but recently big customers have been placing fewerorders and Mr Raphael is feeling pressure to show growth. This pressure is amplified because thecompany is venture-backed, and the investors expect results. While the company did well in thefirst round of funding, if they don't perform now, they may have trouble with gaining sufficientfunding in the second round, which could mean the end of the company.All of this was on Mr Smith’s mind when Mr Raphael came to him about recording a major orderthat was still under negotiation. The deal had not gone through, although both parties expected tocomplete the deal in the next week. With the current quarter ending in the next few days, includingthis order would give a significant boost to the…According to our study of microeconomics, what does the term "Fallacy of Composition" mean? A) None of the above. B) That you should trust in luck. This is part of the free market theory. C) If two things correlate with each other, then one factor must be causing the other factor to change. D) What is true or good for me is obviously true and good for everyone else. [ dont use chatgpt i will 3 upvot]
- good day tutor! im here to cure my doubts i hv 1 question. please kindly help solve. Required: selected company: Pfizer Inc. 1. Prepare a PESTLE analysis for Pfizer Inc. (4 points for each component–political, economic, social, technological, legal, environment). Provide at least 6 relevant examples. It is suggested to take into consideration about the current situation happening nationally and globally. (such as Covid19/economic recession/all the downfall & downturns happened due to Covid19) Thats all. tutor, i hope for a clear, precise & easy-to-understand explantions. (non-plagiarized answers) thanks tutor! much appreciated~Managers explain and voluntarily disclose the forecasted financial information to the external financial users at the beginning of the period. The purpose to provide the forecasted financial information is to help the external investors interpret managers’ forecasted earnings by examining the profitability of the firm when the investors forecast the earnings and make investment decision. Discuss the extent to which you agree/disagree with that trend? You should support your reasoning with example(s). "Use digital media to drive business" Teanna Bass ST. LOUIS-Teanna Bass dreamed of her own cosmetics business. After some research, and a company name from her twin sister, Teanna launched Sweet Tea Cosmetics in her college's student union. Teanna's goal: "Give the customer the best experience." Getting the right materials was Teanna's first step. She chose to buy her cosmetics rather than make them herself. "Sourcing is very important," explains Teanna. She chose her supplier in part…Why are the maximas and maximin strategies considered to be optimistic and pessimistic, respectively?
