Subject: Procurement & sourcing Q): What is centralized and decentralized purchasing, explain each with organization examples?
Q: What value does a company’s code of ethics serve? Highlight any three (3) ways by which a…
A: Disclaimer: “Since you have asked multiple question, we will solve the first question for you. If…
Q: what are the advantage and disadvantages of the phased in approach versus the big bang approach…
A: The organizational aim will be to sustain in the market, and to increase the profitability status of…
Q: Case: Sodexo Incentives Many employers offer incentives to employees working in different jobs.…
A: Employee management is the effort to coordinate the employees to perform well every day in the…
Q: what are the leadership styles based on the ability to influence
A: The art of leadership is getting a group of people to cooperate toward a common goal. This could…
Q: Ethical principles in business are not much different from society’s ethical principles, in…
A: Disclaimer- "Since you have asked multiple questions, we will solve the first question for you. If…
Q: (c) Third, briefly describe how you would put your strategy into action. Specifically, what would…
A: Conflict management:- Conflict management is a set of techniques and strategies used to manage…
Q: Mention some benefits of team based structure.
A: A team-based structure is one in which numerous teams each perform their unique, specialized tasks…
Q: Discuss the process of performance appraisal?
A: Performance appraisal can be defined as a practice of measuring the performance of the employees…
Q: What might be the outcome of offering a position within the company to the spouse of an expatriate?…
A: Due to the expansion of the global economy, American multinational companies are continuously…
Q: Which of the following statements holds true for the term, broad company loyalty? Group of answer…
A: Company- The alliance and collection of individuals who come together to work towards a shared goal…
Q: "Managing a project and leading a project is essentially the same thing." Agree or disagree and…
A: While project managers address issues, project leaders establish plans. Strategists are project…
Q: Individuals may look for help after realizing they've hit a dead end in their processes.
A: You might be losing your magic. Rewards are down and most speculation banks have concluded that this…
Q: Discuss how new roles and expectations of workers can influence a company such as Eskom to change.
A: It is essential for organizations to keep a track of their financial aspects for ensuring better…
Q: Egoism makes the job search relatively difficult, as it encourages an individual to find a job that…
A: Egoism can be defined as a moral business ethic that enables individuals to act in their own…
Q: (d) What is ONE specific behavior that you can engage in, or policy that you can change, to improve…
A: Insurance policy The insurance policy is a contract (typically a standard form contract) between the…
Q: Will the growing trend of firms outsourcing system development make in-house systems analysts…
A: Outsourcing refers to a business practice in which organizations hire a third party to handle some…
Q: . Since we now understand that the acronym VRIO stands for 4 four major parts in a structured…
A: Disclaimer: The question has been answered from a general perspective. VRIO stands for Valuable,…
Q: Discuss the Human Resource Planning Tools.
A: Human resource planning is crucial for coping with changes brought on by external environmental…
Q: As a project manager, you need to keep a few things in mind when building a team. You decide how…
A: Correct option is option b. While building a team, the project manager should see how to motivate…
Q: Which of the following conditions is not conducive to the creation of high-performance teams?…
A: High-performance teams are those teams that help in organizational development and are highly…
Q: The first sports shoe companies originated from around 1900 and sales boosted with the marketing of…
A: Global Sourcing Today it is extremely essential to establish sourcing plans, distribution, and…
Q: Ethical standards for the most part apply to behavior not covered by the law. Group of answer…
A: Introduction : The ethical standards that individuals and organizations must adhere to are not…
Q: 3.Discuss four types of information collected through job analysis (2 point for each type of…
A: Introduction : Job analysis is the process of collecting information about the duties,…
Q: Discuss the Principles of Effective Direction.
A: Allocating a company's resources and actions to achieve certain goals as effectively and efficiently…
Q: What is the key difference between variable and fixed costs? A. Variable costs remain the same…
A: Cost is the expenses made at the time of production of goods it is of many types but is also…
Q: Which of the following is NOT a thing that managers can do in order to effectively empower their…
A: Employee empowerment is defined as an organization is providing autonomy to the employees, so that…
Q: Managing modern Internationalized Organizations in line with Sustainability Principles
A: INTRODUCTION: The concept of corporate sustainability has garnered a lot of attention lately.…
Q: Sub-parameters or Sub-factors about residence's hospitality
A: The hospitality of a residence is an important factor to consider when deciding where to stay. It…
Q: What is the purpose of mobilization? When is a mobilization payment made?
A: Mobilization of payment:- Mobilization payments are payments made to contractors when they are ready…
Q: The company restarted production of its more expensive Model S and Model X in the quarter, and…
A: Sales management is described as the management of sales operations by the practical application of…
Q: explain the difference in purchasing, procurement and strategic sourcing with examples?
A: A supply chain is the network of all the people, groups, companies, resources, activities, and…
Q: What are some teaching strategies teachers can use to help children with their self esteem?
A: Some of your kids may naturally exude confidence in the classroom. They take on new subjects head-on…
Q: Expound upon the concept of IT service management and the various roles that IT service managers…
A: Information technology (IT) encompasses all types of technology to create, store, share and utilize…
Q: Managerial lssues--ELECTRONIC COMMERCE Should we use the hype cycle?
A: The hype cycle can be defined as a graphical representation of the technological life cycle stages…
Q: and knowledge and where those assets fit into the organization's plans is called the: career track.…
A: A person's ongoing, conscious, and step-by-step process of managing their career to achieve their…
Q: With reference to managers at Eskom, discuss the importance of having the skill to drive departments…
A: Organizations function in an environment which keeps on changing. It is important for organizations…
Q: What value does a company’s code of ethics serve?
A: A code of ethics is a collection of rules designed to ensure that professional people and…
Q: Companies use dynamic pricing to balance out supply and demand. False True
A: One of the best strategies for growing market share is dynamic pricing, which modifies prices in…
Q: What is workplace diversity ? And what are its various benefits ?
A: Your workplace is the place where you go to work each day and are employed. The characteristics of…
Q: QUESTION 3 a) Decision making consist of two characteristic which are programmed and non-programmed…
A: "Since you have posted multiple questions, we will provide the solution only to the first question…
Q: true or false ? subject :Sales Management 1. Missionary selling is one of the types of sales jobs…
A: Selling simply entails figuring out what potential customers want and need, then encouraging them to…
Q: Recommend how a university can utilize both strategic fit and strategic stretch
A: Strategic management refers to a process of formulation, implementing, evaluating, and controlling…
Q: What is strategic HRM?
A: The concept of Strategic Human Resource Management (SHRM) has become increasingly important as…
Q: 5- How does International human research management use resilience in compensation and benefit?
A: Organizations must recognize the importance of resilience when it comes to compensating and…
Q: Define the concept of expatriates in your own words and justify the need for this staff in the…
A: With the changing trends and expansion of business, companies have started looking for candidates…
Q: Describe the various constraints experienced during performance appraisal in an organisation .
A: Introduction :- A performance appraisal is a periodic evaluation of an employee's performance on…
Q: 1(a) When the target of influence agrees to do what you ask, but does not feel personally committed…
A: Leaders- A leader is an individual who gives people a sense of purpose and inspiration. A leader is…
Q: Explain how reward systems impact ethical behavior
A: About Reward System - Reward System, is a type of concept, which is described as, a type of…
Q: Theme parks are considered a staple family attraction worldwide, known best for their rides and…
A: The organizational aim will be to sustain in the market, and to increase the profitability status of…
Q: Which of the following manager behaviors is LEAST LIKELY to positively impact employee engagement?…
A: Employee Engagement - The term signifies the mental and emotional attachment an employee feels…
Subject: Procurement & sourcing
Q): What is centralized and decentralized purchasing, explain each with organization examples?
Step by step
Solved in 2 steps
- Case is presented on the screen picture. Questions are: 1. How you approached your analysis of the information? 2. What is your opinion is the biggest benefit and why? 3. What in your opinion is the most serious risk and why? 4. What do you beleive is the best way to overcome this risk? 5. How does direct dispatch fit with Uniliver`s goals? (Uniliver`s goals is to become the best supply chain in the industry) 6. Do you think, in principle, direct dispatch could work for every type of product?Please answer this question: 1. Traveling requisition used for one time capital purchases. A. False B. True 2. Invitation for bid is used to buy when: A. The specifications are designed for one supplier. B. The buyer has wants a competition on the best offer, C. There is complete monopoly. D. The buyer prefers a specific supplier. 3. Spend analysis is the process of determining how much to pay for service A. False B. TrueAudi Company's Strategic Approach 1. Analyze the company’s strategic approach and why it works for them 2. Low Cost 3. Differentiation 4. Focused Low Cost 5. Focused Differentiation 6. Explain how they differentiate themselves from their competition 7. Describe their competitive advantage and whether or not it is sustainable 8. Explain how their mission and vison statement support their strategic approach. Use APA formatting guidelines. For this assignment, use no more than 1500 words, excluding titles, footnotes, charts, tables and annexes. Be sure to have at least 5 peer-reviewed sources for your major points.
- Below are the weaknesses/ disadvantages of Direct procurement. 1. Risk of stock-outs 2. Relatively high costs 3. Quality standards 4. Handling Relationships How do we overcome those weaknesses?What is a supply chain? What is the purpose of supply chain management systems?2. What is the purpose of cost accounting ISs?3. What is the relationship between CAD and CAM systems?4. What are the concerns in cash management, and how do cash management ISs help finan- cial managers?5. What is time to market? How have ISs affected time to market?6. In brief, what is the purpose of customer rela- tionship management systems?7. WhatarethetypicalcomponentsofERPsystems?8. Although technologically the full linking of the SCM systems of suppliers and buyers is feasible, many buyers are reluctant to do so. Why?9. Why do the ERP installation and testing of systems require that experts be involved? Whydoes the implementation of so many ERP sys-tems face severe challenges or totally fail?10. What is EOQ? Which two problems do ISs thatcalculate EOQ help minimize?11. What is JIT? How do MRP and MRP II systems help achieve JIT?12. For the human resource managers of some orga- nizations the entire…Outsourcing is referred to as the process of transferring a business activity, including the relevant assets,to a third party. Outsourcing of manufacturing activities is always debatable. As the purchasing manageranalyse the concept of outsourcing and advice on the most suitable option for Dysons in terms ofoutsourcing of their manufacturing. (Using the attached)
- Topic: Purchasing Strategy Details: Answer the following question. Q1: How do you think that a procurement strategy can be directly linked to the organization’s strategy and long-term business plan?How to Develop a procurement strategy, to prepare a matrix showing, the nature of purchases, types and requisitions required for any new setup?what is ikea production plan?
- Q.4 Assuming you have been employed as a procurement and logistics manager of a company like Riham Group, prepare a working paper indicating how you will ensure effective logistics and supply operations of the company within first 100 days of your work. Prepare a three (3) paged presentation showing how involving key stakeholders will be of critical importance in the execution of the work mentioned in part (b) above.HB Corporation in Delaware, U.S., makes and sells a single product. The company operates a standard costing system and a just-in-time purchasing and production system. No inventory of raw materials or finished goods is held. Details of the budget and actual data for the previous period are given below: Budget data Standard production costs per unit (currency in U.S. dollar, $): Direct material 8kg @$10.80 per kg 86.40 Direct labor 1.25 hours @$18.00 per hour 22.50 Variable overheads 1.25 hours @$6.00 per direct labor hour 7.50 Standard selling price: $180 per unit Budgeted fixed production overheads: $170 000 Budgeted production and sales: 10 000 units Actual data Direct material: 74 000kg @$11.20 per kg Direct labor: 10,800 hours @$19.00 per hour Variable overheads: $70,000 Actual selling price: $184 per unit Actual fixed production overheads: $168 000 Actual production and…a) Explain how to develop procurement strategy matrix, b) Further develop the procurement strategy matrix with an example of university launching new campus?