Please post brief response to the following post: We know that from an organizational standpoint, they did some research and development. Their research led them to understand that Japanese consumers like presentation and so they made their pizzas "pretty". They understood that Indians liked spice and thus used a different spice mix on the pizzas. Even though Domino's is catering to different tastes, they are not defecting far from the delivery or carry-out method. This is because it simply works for them. I also think they are successful from an organizational perspective in that they are always transforming. I've noticed in the last few years they have implemented the $5.99 deal, remodeled their stores, created a mobile app, improved their recipe, and will even replace your pizza if it gets ruined on the way home. This is what other companies can learn from Domino's. You sometimes have to re-invent the wheel and keep up with what customers want here and now.

Please post brief response to the following post: We know that from an organizational standpoint, they did some research and development. Their research led them to understand that Japanese consumers like presentation and so they made their pizzas "pretty". They understood that Indians liked spice and thus used a different spice mix on the pizzas. Even though Domino's is catering to different tastes, they are not defecting far from the delivery or carry-out method. This is because it simply works for them. I also think they are successful from an organizational perspective in that they are always transforming. I've noticed in the last few years they have implemented the $5.99 deal, remodeled their stores, created a mobile app, improved their recipe, and will even replace your pizza if it gets ruined on the way home. This is what other companies can learn from Domino's. You sometimes have to re-invent the wheel and keep up with what customers want here and now.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter15: Contracting, Governance, And Organizational Form

Section: Chapter Questions

Problem 1.5CE

See similar textbooks

Similar questions

Answer these five multiple choice questions: Question 1 The three categories of Mintzberg's managerial roles are Select one: a. interpersonal, informational, and decisional. b. planning, organizing, and leading c. entrepreneur, disturbance handler, and negotiator. d. monitor, disseminator, and spokesperson. Question 2 Which level of management is responsible for implementing the directives of senior executives? Select one: a. Tactical managers b. Strategic managers c. Day-to-day supervisors d. Operational managers Question 3 All of the following are characteristics of Weber's Theory of Bureaucracy except Select one: a. Rationality b. Environmental Analysis c. Officials d. Uniformity Question 4 All of the following are functions of management except Select one: a. Controlling b. Leading c. Financing d. Planning Question 5 Which of the following is not a role of management. Select one: a. Technical b. Tactical c. Operational d.…
You are consultant at large international consultancy (“PharmCons”), specialized in consulting firms in the pharmaceutical industry. PharmCons has its Asian-Pacific headquarter in Singapore. Dr. Lee, the CEO of a newly established Singaporean pharmaceutical firm (“SinPharm”), which owns the protected patent for vaccine for Dengue-fever, approaches PharmCons. He is an excellent biologist but he and his employees are not well trained in managerial economics. So he needs advise on how to “make the best out of his patent” in an economic sense. Your colleagues at PharmCons have already estimated the market demand function for the vaccine. The accountancy division of SinPharm provides information with respect to relevant production costs. The (inverse) demand for the vaccine is estimated as P = 301 - 4Q. The marginal costs (MC) are equal to MC = 1 and fixed costs (FC) are equal to FC = 1000. Your boss ask you to provide Dr. Lee answers to the following questions: (a) Is SinPharm a…
You are consultant at large international consultancy (“PharmCons”), specialized in consulting firms in the pharmaceutical industry. PharmCons has its Asian-Pacific headquarter in Singapore. Dr. Lee, the CEO of a newly established Singaporean pharmaceutical firm (“SinPharm”), which owns the protected patent for vaccine for Dengue-fever, approaches PharmCons. He is an excellent biologist but he and his employees are not well trained in managerial economics. So he needs advise on how to “make the best out of his patent” in an economic sense. Your colleagues at PharmCons have already estimated the market demand function for the vaccine. The accountancy division of SinPharm provides information with respect to relevant production costs. The (inverse) demand for the vaccine is estimated as P = 301 - 4Q. The marginal costs (MC) are equal to MC = 1 and fixed costs (FC) are equal to FC = 1000. Your boss ask you to provide Dr. Lee answers to the following questions: (a) Is SinPharm a…
Covid has required organizations to think differently and quickly adapt to the market. Identify an industry. Within that industry, identify ONE company that has used Corporate level strategies as a result of Covid. Identify the Corporate level strategy used (Concentration, Vertical Integration, Diversification, Getting Smaller). Did using that corporate level strategy make the company more successful or have the desired outcome? BE SPECIFIC. Do not just say company X used Concentration strategies. What type of concentration strategy did company X use (market development, product development, etc.).
Discuss this statement. "An understanding of the causes and consequences of performance ambiguity is central to the issue of organizational design in multinational firms."
SingComp-AI (“SCAI”) is a Singapore-based startup which develops compliance technology driven by artificial intelligence (“AI”) for financial institutions in Singapore. Compliance technology helps financial institutions in their adherence to applicable laws and regulations, as well as identifying and managing compliance-related risks. In the first year of its operations, SCAI assembled a competent team of professionals to help build its AI infrastructure and to support its growth. Marisa, an AI professional, was hired to head the product development team, and she is widely recognized as one of the key contributors to SCAI’s early success. In SCAI’s second year of operations, Marisa tendered her resignation. It was revealed that Marisa will be joining a rival company called “Eye-Tech” (“ET”), which upset the management of SCAI greatly. ET operates in the same business niche as SCAI, and is also looking to develop similar AI-driven compliance technology for financial institutions. Given…
Global Wannabe (GW), a manufacturer of musical instruments, is eager to internationalize. New to international business, within the coming four years, senior management wants GW to generate at least one-third of its sales from abroad by establishing foreign marketing subsidiaries and production bases in low-cost countries to cut manufacturing costs. GW’s president, Larry Gerber, has appointed you to the task force charged with recruiting managers who can run GW’s operations abroad. 3.2 What measures can you take to enhance the prospects of placing women in international business jobs?
“Our plan is to return to an office-centric culture as our baseline. We believe it enables us to invent,collaborate, and learn together most effectively,” Amazon told employees in a memo.Evaluate the validity of the statement above in relation to its impact on the organisationalperformance of Amazon.
Organization Development is a planned change discipline concerned with applying behavioral science knowledge and practice to help organizations achieve greater effectiveness. In this course, you will conduct an analysis of your organization with the goal of creating a plan to improve an aspect of your organization’s performance. Each unit will build on the previous complete to achieve the goal. Organization Development is a planned change discipline concerned with applying behavioral science knowledge and practice to help organizations achieve greater effectiveness. To complete the performance analysis as it will score 3 different categories: (1) capability, (2) motivation, and (3) support system. That is done by assigning a number (1-10) for each factor and then multiplying them. One (1) is the lowest score where work is needed to improve and Ten (10) is the highest number where you have excelled. Capability Score. Assign a number between 1 and 10. Explain and elaborate on how…
Complete all of the following definitions
2. In organizing, there are 13 basic principles that must be followed. One of them is the principle of scalar chain. This principle is based on a simple assumption: the channel of authority must be carried out with a clear, uninterrupted chain of command and cover the shortest distance. What is the shortest distance? What are the implications if the command distance is too long for the organization? And give the reference Please answer it with a complex discussion with long steps, and not the same as the question that was asked before the answer, thank u
Every organization relies on its own unique bundle of organisational stakeholders . Each one of the relationships between the organisation and its stakeholders is influential in its ability to serve its mission and achieve above average profits in the profit sector or to create value in the not-for-profit sector. However, there are several ways that stakeholder management differs between the for-profit and notfor-profit organisations. It is easy to think of a for-profit firm that has product market stakeholders, such as customers, who can add or subtract their support by their decision of whether or not to purchase the firm’s products or services. But toknow who is are the customer for a not-for-profit, and are the categories ofproduct, market, organization, and capital market stakeholders might bechallenging to obtain the needed information. 1. Decide on ONE not-for profit organisation either local or internationalbased. Write a detailed information regarding the chosen not-for…