Answered: Q3: Please explain (even in Arabic)…

Q3: Please explain (even in Arabic) what you should do if you have two alternatives for one problem. Basically, what are the logic steps that you need to follow to justify your choice.

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

ChapterC: Cases

Section: Chapter Questions

Problem 5.3SD: Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling...

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Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?
Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
Q1) solve the following mcqs a) At Khaleej Corporation, managers drew up a three-stage plan as they prepared for layoffs. First, they warned employees several months ahead that layoffs were inevitable. Soon thereafter, they held on-site presentations at all locations to explain to employees why the layoffs were needed and to provide as much information as they could about what employees should expect. Represents an example of?" Provide assistance to displaced workers Help survivors thrive Both A & B More Communication is significant b) "An army officer gives his directions on a certain task, his cadets are compelled to follow his instructions. This is an example of ___. " Expert Referent Reward Legitimate c) _____ is the person who serves as one of the key persons in managing change initiatives. Change agent CEO CFO CIO
Q1) solve the following mcqs a) At Khaleej Corporation, managers drew up a three-stage plan as they prepared for layoffs. First, they warned employees several months ahead that layoffs were inevitable. Soon thereafter, they held on-site presentations at all locations to explain to employees why the layoffs were needed and to provide as much information as they could about what employees should expect. Represents an example of?" Provide assistance to displaced workers Help survivors thrive Both A & B More Communication is significant b) Rational decision-making approach ideally implies ______ decisions. Programmed Non-programmed Rational Non-rational
Please no written by hand solutions QUESTION 10 10. "Enter our competition and you could win your share of R500 online shopping voucher for yourself AND a R10 000 voucher towards a Women's empowerment NGO of your choice!" Mrs Jacobs entered the competition above at Mr Price and won a R500 voucher. With R500, she can either buy a handbag, a pair of shoes, a pair of jeans or jacket. She already has a jacket, and she does not want new shoes. She would like a pair of jeans but decides to buy a handbag. What is her opportunity cost? a)R500 voucher. b) Handbag C)Pair of shoes. d)Pair of jeans.
Q1. Please read the following case and answer the questions given at the end. Jennifer Carter graduated from State University in June 2011 and, after considering several job offers, decided to do what she always planned to do—go into business with her father, Jack Carter. Jack Carter opened his first laundromat in 1991 and his second in 2001. The main attraction of these coin laundry businesses for him was that they were capital—rather than labor—intensive. Thus, once the investment in machinery was made, the stores could be run with just one unskilled attendant and none of the labor problems one normally expects from being in the retail service business. The attractiveness of operating with virtually no skilled labor notwithstanding, Jack had decided by 2007 to expand the services in each of his stores to include the dry cleaning and pressing of clothes. He embarked, in other words, on a strategy of “related diversification” by adding new services that were related to and…
Q1. Please read the following case and answer the questions given at the end. Jennifer Carter graduated from State University in June 2011 and, after considering several job offers, decided to do what she always planned to do—go into business with her father, Jack Carter. Jack Carter opened his first laundromat in 1991 and his second in 2001. The main attraction of these coin laundry businesses for him was that they were capital—rather than labor—intensive. Thus, once the investment in machinery was made, the stores could be run with just one unskilled attendant and none of the labor problems one normally expects from being in the retail service business. The attractiveness of operating with virtually no skilled labor notwithstanding, Jack had decided by 2007 to expand the services in each of his stores to include the dry cleaning and pressing of clothes. He embarked, in other words, on a strategy of “related diversification” by adding new services that were related to and…
please write about 500 work about this question Q4: Does the United Nationsneed reform? If you were given the task of restructuring the organization, what kind of organization would you design? Explain with the reasons.
homework; Q1 You are the senior management accountant for Magnum Ltd. A junior management accountant (MA) has joined the firm. Required; How would you explain to the junior MA the impact of the business environment in on management accounting as compared to the early years of management accounting? (You are to give Five (5) factors of 100 words each with expiation for the impact ) (HINT : Your explanation should demonstrate to the junior the importance of environmental impact on the business and therefore its success and sustainability. Q2 The new focus in management accounting is customer satisfaction. Consider the above statement and discuss the key factors that a management accountant must emphasize and concentrate on for the success of his organization. (You are to give Five (5) factors of 100 words each ). (HINT : Your explanation for each of the factor should demonstrate the connection between customer satisfaction and success of the business. Q3.…
Read and analyze the following case:Limpio Mucho, Inc. has just merged with HPS # 1 and has assumed a new strategic direction as a result. The company will no longer just sell cleaning products, but will also provide complete cleaning services for organizations in the healthcare industry. At the same time, the company will continue its expansion plans around the world. Puerto Rico represents a new market, to which it is intended to introduce new products and a complete cleaning service. Ms. Luna Izquierdo, president and CEO of Limpio Mucho, Inc., wants to determine the best way to quickly implement the new business strategy. As Human Resources manager, she has been tasked with selecting five new employees for a work team that will open operations in Puerto Rico.Six months after opening operations, Mrs. Izquierdo has asked you to develop and design the jobs they will need to fulfill the strategy of opening operations in Puerto Rico. Once you have the jobs, Mrs. Izquierdo needs you to…
Read and analyze the following case:Limpio Mucho, Inc. has just merged with HPS # 1 and has assumed a new strategic direction as a result. The company will no longer just sell cleaning products, but will also provide complete cleaning services for organizations in the healthcare industry. At the same time, the company will continue its expansion plans around the world. Puerto Rico represents a new market, to which it is intended to introduce new products and a complete cleaning service. Ms. Luna Izquierdo, president and CEO of Limpio Mucho, Inc., wants to determine the best way to quickly implement the new business strategy. As Human Resources manager, she has been tasked with selecting five new employees for a work team that will open operations in Puerto Rico.Six months after opening operations, Mrs. Izquierdo has asked you to develop and design the jobs they will need to fulfill the strategy of opening operations in Puerto Rico. Once you have the jobs, Mrs. Izquierdo needs you to…
Read and analyze the following case:Limpio Mucho, Inc. has just merged with HPS # 1 and has assumed a new strategic direction as a result. The company will no longer just sell cleaning products, but will also provide complete cleaning services for organizations in the healthcare industry. At the same time, the company will continue its expansion plans around the world. Puerto Rico represents a new market, to which it is intended to introduce new products and a complete cleaning service. Ms. Luna Izquierdo, president and CEO of Limpio Mucho, Inc., wants to determine the best way to quickly implement the new business strategy. As Human Resources manager, she has been tasked with selecting five new employees for a work team that will open operations in Puerto Rico.Six months after opening operations, Mrs. Izquierdo has asked you to develop and design the jobs they will need to fulfill the strategy of opening operations in Puerto Rico. Once you have the jobs, Mrs. Izquierdo needs you to…