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- Q. Explain the nature of the consultant’s expertise?Question 3. a) List 3 each the External Opportunities and Threats, Internal Strengths and Weaknesses on any organization you are familiar with. You are required to identify the industry type and the country where the organization is residing. Type of Industry: Country: External Opportunities External Threats 1. 2. 3. 1. 2. 3. . Internal Strengths Internal Weaknesses 1 2. 3. 1.. 2. 3.QUESTION 5 The resource-based view (RBV) is a managerial framework used to determine the strategic resources a firm can exploit to achieve sustainable competitive advantage. Evaluate on how RBV leads to achieving a sustainable competitive advantage (SCA) and recommend ways to address any shortcomings of the RBV model in achieving SCA.
- 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 above1. Why do you choose value analysis, 1 page.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.
- The general manager called a meeting with the executive staff to address quality complaints received last quarter. The 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 16 options: a) Hire all new employees b) Provide hotel-wide service training c) Move employees to different departments d) Hire an outside contractor to motivate employeesDiscussion Question: Discuss the requirements for strategic management of IS/IT. What are some challenges to implementing these requirements?Case study 8.2: Price cuts for medicines Chemists at risk as prices are slashed12 BY NIGEL HAWKES, HEALTH EDITOR Big price cuts on a wide range of medicines and vitamins were promised by the supermarket chains yesterday as 30 years of price-fixing were swept aside. Many popular products, including painkillers, cough medicines, indigestion tablets and nutritional supplements are being halved in price from last night, with reductions of between 20 and 40 per cent on many others. The Office of Fair Trading called it excellent news for consumers but the body representing small pharmacies said that many would close, threatening community services. The big supermarkets trumpeted ‘millions of pounds-worth of savings’ as they competed to offer the biggest reductions. At Asda, a packet of 16 regular Anadin will be 87p, instead of £1.75, and Nurofen tablets will cost £1.14 for 16, rather than £2.29. Reductions at Tesco included a 40 per cent cut in Anadin Extra, to £1.29 for 16, while…
- Q1.) List and explain in detail about airline business models. NO COPY PASTE FROM INTERNET, WRITE IT IN YOUR OWN WORDSQUESTION 3 Mr. John produces a special type of shoes on an assembly line. The process involves eightdifferent tasks. Mr. John would like to increase productivity on this line and asked you for someassistance. He would like to balance the assembly line in order to reduce idle time and increaseefficiency. a. What information would you need in order to demonstrate to Mr. John how to balancethe assembly line? b. Setup an example that will be used to demonstrate to Mr. John how to balance the line.c. Using the example that you setup in “b” above, demonstrate to Mr. John how tobalance the line using the LOT heuristics.d. Based on the example above, calculate the efficiency of the line.Question 1: Janana De Malucho Textile Mill Co., Ltd. produces and sells 40/s combed and 60/s combed yarns for air-jet looms, which are being sold at high prices. To this end, they hired people from nearby villages, where there are few job opportunities. Sher Zaman employees devised a cost reduction plan, but the production manager did not welcome it. Another employee, Waseem, made some suggestions to improve its design, but the production manager was also not satisfied.1.State the management principle violated in the above paragraph.2.Determine any two values that the company wants to convey to society and how? Explain in your own words?