What is the best cost usingassignment problem?Employee/ 1Project341012B74 5C11a. $20b. $19c. $18d. $22e. $212.

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Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter10: Designing Organization Structure

Section: Chapter Questions

Problem 3ED

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Chris Dykstra, responsible for loss prevention at Electronics took a deep breath before he launched into making his case for the changes that he was proposing to the company's shoplifting policy. He knew that convincing Ross Chenoweth was going to be a hard sell. Ross, the president and CEO was the son of the founder of the local, still-family-owned consumer electronics chain based in Phoenix, Arizona. He'd inherited not only the company, but also, his father's strict moral code. "I think it's time to follow the lead of other stores," Chris began. He pointed out that most Other retailers didn't bother calling the police and pressing charges unless the thief had shoplifted merchandise worth more than $50 to $100. In contrast, Westwind currently had a zero-tolerance policy toward theft that Ross's father had put in place when he started the business. Chris wanted to replace that policy with one that prosecuted only individuals between IS and 65 who had stolen more than $20 worth of goods, and who had a previous history of theft at Westwind. In the case of first-time culprits under IS or over 65, he argued for letting them Off With a strict warning, regardless of the value of their ill-gotten goods. Repeat offenders would be arrested. "Frankly, the local police are getting pretty tired Of having to come to Our stores every time a teenager sticks a CD in his jacket pocket," Chris pointed out. "And besides, we just afford the costs associated with prosecuting everyone." Every time he pressed charges against a shoplifter who'd made Off with a $10 item, Westwind lost money. The company had to engage a lawyer and pay employees Overtime for their court appearances. In addition, Chris was looking at hiring more security guards to keep up with the workload. Westwind was already in a losing battle at the moment with mass retailers who were competing all too successfully on price, so passing on the costs of its zero-tolerance policy to Customers wasn't really an option. " Let's concentrate on catching dishonest employees and those organized-theft rings. They're the ones who are really hurting us," Chris concluded. There was a long pause after Chris finished his carefully prepared speech. Ross thought about his recently deceased father, both an astute businessman and a person for whom honesty was a key guiding principle. If he were sitting here today, he`d no doubt say that theft was theft—that setting a minimum was tantamount to saying that stealing was acceptable, just as long as you steal too much. He looked at Chris. "You know, we've both got teenagers. Is this really a message you want to send out, especially to kids? You know as well as I do that there's nothing they like better than testing limits. It's almost an invitation to see if you can beat the system." But then Ross faltered as he found himself glancing at the latest financial figures on his desk—another in a string of quarterly losses. If West-wind went under, a lot of employees would be looking for another way to make a living. In his heart, he believed in his father's high moral standards, but he had to ask himself: Just how moral could Westwind afford to be? Continue Westwind's zero-tolerance policy toward shoplifting. It's the right thing to do—and it Will pay Off in the end in higher profitability because the chain's reputation for being tough on crime Will reduce overall losses from theft.
Chris Dykstra, responsible for loss prevention at Electronics took a deep breath before he launched into making his case for the changes that he was proposing to the company's shoplifting policy. He knew that convincing Ross Chenoweth was going to be a hard sell. Ross, the president and CEO was the son of the founder of the local, still-family-owned consumer electronics chain based in Phoenix, Arizona. He'd inherited not only the company, but also, his father's strict moral code. "I think it's time to follow the lead of other stores," Chris began. He pointed out that most Other retailers didn't bother calling the police and pressing charges unless the thief had shoplifted merchandise worth more than $50 to $100. In contrast, Westwind currently had a zero-tolerance policy toward theft that Ross's father had put in place when he started the business. Chris wanted to replace that policy with one that prosecuted only individuals between IS and 65 who had stolen more than $20 worth of goods, and who had a previous history of theft at Westwind. In the case of first-time culprits under IS or over 65, he argued for letting them Off With a strict warning, regardless of the value of their ill-gotten goods. Repeat offenders would be arrested. "Frankly, the local police are getting pretty tired Of having to come to Our stores every time a teenager sticks a CD in his jacket pocket," Chris pointed out. "And besides, we just afford the costs associated with prosecuting everyone." Every time he pressed charges against a shoplifter who'd made Off with a $10 item, Westwind lost money. The company had to engage a lawyer and pay employees Overtime for their court appearances. In addition, Chris was looking at hiring more security guards to keep up with the workload. Westwind was already in a losing battle at the moment with mass retailers who were competing all too successfully on price, so passing on the costs of its zero-tolerance policy to Customers wasn't really an option. " Let's concentrate on catching dishonest employees and those organized-theft rings. They're the ones who are really hurting us," Chris concluded. There was a long pause after Chris finished his carefully prepared speech. Ross thought about his recently deceased father, both an astute businessman and a person for whom honesty was a key guiding principle. If he were sitting here today, he`d no doubt say that theft was theft—that setting a minimum was tantamount to saying that stealing was acceptable, just as long as you steal too much. He looked at Chris. "You know, we've both got teenagers. Is this really a message you want to send out, especially to kids? You know as well as I do that there's nothing they like better than testing limits. It's almost an invitation to see if you can beat the system." But then Ross faltered as he found himself glancing at the latest financial figures on his desk—another in a string of quarterly losses. If West-wind went under, a lot of employees would be looking for another way to make a living. In his heart, he believed in his father's high moral standards, but he had to ask himself: Just how moral could Westwind afford to be? Adopt Chris Dykstra`s proposed changes, but with a higher limit than the proposed $20 amount (say, $50 or $100), but which is still less than the cost of prosecution. In addition, make sure that the policy isn't publicized. That way, you'll reduce costs even more and still benefit from your reputation for prosecuting all shoplifters.
Chris Dykstra, responsible for loss prevention at Electronics took a deep breath before he launched into making his case for the changes that he was proposing to the company's shoplifting policy. He knew that convincing Ross Chenoweth was going to be a hard sell. Ross, the president and CEO was the son of the founder of the local, still-family-owned consumer electronics chain based in Phoenix, Arizona. He'd inherited not only the company, but also, his father's strict moral code. "I think it's time to follow the lead of other stores," Chris began. He pointed out that most Other retailers didn't bother calling the police and pressing charges unless the thief had shoplifted merchandise worth more than $50 to $100. In contrast, Westwind currently had a zero-tolerance policy toward theft that Ross's father had put in place when he started the business. Chris wanted to replace that policy with one that prosecuted only individuals between IS and 65 who had stolen more than $20 worth of goods, and who had a previous history of theft at Westwind. In the case of first-time culprits under IS or over 65, he argued for letting them Off With a strict warning, regardless of the value of their ill-gotten goods. Repeat offenders would be arrested. "Frankly, the local police are getting pretty tired Of having to come to Our stores every time a teenager sticks a CD in his jacket pocket," Chris pointed out. "And besides, we just afford the costs associated with prosecuting everyone." Every time he pressed charges against a shoplifter who'd made Off with a $10 item, Westwind lost money. The company had to engage a lawyer and pay employees Overtime for their court appearances. In addition, Chris was looking at hiring more security guards to keep up with the workload. Westwind was already in a losing battle at the moment with mass retailers who were competing all too successfully on price, so passing on the costs of its zero-tolerance policy to Customers wasn't really an option. "Let's concentrate on catching dishonest employees and those organized-theft rings. They're the ones who are really hurting us," Chris concluded. There was a long pause after Chris finished his carefully prepared speech. Ross thought about his recently deceased father, both an astute businessman and a person for whom honesty was a key guiding principle. If he were sitting here today, he`d no doubt say that theft was theft—that setting a minimum was tantamount to saying that stealing was acceptable, just as long as you steal too much. He looked at Chris. "You know, we've both got teenagers. Is this really a message you want to send out, especially to kids? You know as well as I do that there's nothing they like better than testing limits. It's almost an invitation to see if you can beat the system." But then Ross faltered as he found himself glancing at the latest financial figures on his desk—another in a string of quarterly losses. If West-wind went under, a lot of employees would be looking for another way to make a living. In his heart, he believed in his father's high moral standards, but he had to ask himself: Just how moral could Westwind afford to be? Adopt Chris Dykstra's proposed changes and show more leniency to first-time offenders. It is a more cost effective approach to the problem than the current policy, plus it stays close to your father's Original intent.
CASE STUDY QUESTIONSQUESTION 1: 2.5 ptsWhy did the companies described in this case need to maintain and analyze big data? Mention two reasons for both of the New York Police Department (NYPD) and Hertz need to maintain and analyze big data? What business benefits did they obtain, mention two only? CASE STUDY 2: BIG DATA, BIG REWARDSToday’s companies are dealing with an avalanche of data from social media, search, and sensors as well as from traditional sources. In 2012, the amount of digital information generated is expected to reach 988 exabytes, which is the equivalent to a stack of books from the sun to the planet Pluto and back. Making sense of “big data” has become one of the primary challenges for corporations of all shapes and sizes, but it also represents new opportunities. How are companies currently taking advantage of big data opportunities?The British Library had to adapt to handle big data. Every year visitors to the British Library Web site perform over 6 billion…
Q1. What are the major issues or concerns for employees at Mike Inc.?
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1. Regarding gift-giving at work: A. If you give a gift to one person, you must give a gift to everyone B. If you choose to give gifts, do it discreetly so as not to offend others C. You should never give gifts at work D. You must give gifts for boss's day and secretary's day 2. Empowerment results in increased: A. Accountability B. Profits C. Quality D. All of these 3. If you have a good boss: A. Routinely share personal and sensitive information with him or her B. Develop a personal friendship with him/her C. Never allow this person to become your mentor D. None of these
Q.1 Read the situation well and answer the questions below it: A couple of months ago, Maria applied for the position of a “Marketing Coordinator” in an e- commerce based setup. On the desired day, she was asked to do an assessment regarding Project Management Skills. After completing with that, the CEO reached out to her via email to do the second assessment. This was complete a thirty minutes personality profiler, which is a Predictive Assessment of her past and likely future ‘to-be “attitudes, from a company called the Predictive evaluation. A few days after completing the assessment, she had received this email: “Unfortunately, we have to inform you that this time we won’t be able to invite you to the next phase of our selection process. Though your qualifications are impressive, we have decided to move forward with a candidate whose experiences better meet our needs for this particular role.” In order to check her technical expertise which two selection methods discussed in your…
Q.1 Read the situation well and answer the questions below it: A couple of months ago, Maria applied for the position of a “Marketing Coordinator” in an e- commerce based setup. On the desired day, she was asked to do an assessment regarding Project Management Skills. After completing with that, the CEO reached out to her via email to do the second assessment. This was complete a thirty minutes personality profiler, which is a Predictive Assessment of her past and likely future ‘to-be “attitudes, from a company called the Predictive evaluation. A few days after completing the assessment, she had received this email: “Unfortunately, we have to inform you that this time we won’t be able to invite you to the next phase of our selection process. Though your qualifications are impressive, we have decided to move forward with a candidate whose experiences better meet our needs for this particular role.” Phrase two structured interview questions for this position. Write two unstructured…
Q.1 Read the situation well and answer the questions below it: A couple of months ago, Maria applied for the position of a “Marketing Coordinator” in an e- commerce based setup. On the desired day, she was asked to do an assessment regarding Project Management Skills. After completing with that, the CEO reached out to her via email to do the second assessment. This was complete a thirty minutes personality profiler, which is a Predictive Assessment of her past and likely future ‘to-be “attitudes, from a company called the Predictive evaluation. A few days after completing the assessment, she had received this email: “Unfortunately, we have to inform you that this time we won’t be able to invite you to the next phase of our selection process. Though your qualifications are impressive, we have decided to move forward with a candidate whose experiences better meet our needs for this particular role.” a. Find two reasons and write them in heading form. b. Phrase two structured interview…
Q.1 Read the situation well and answer the questions below it: A couple of months ago, Maria applied for the position of a “Marketing Coordinator” in an e- commerce based setup. On the desired day, she was asked to do an assessment regarding Project Management Skills. After completing with that, the CEO reached out to her via email to do the second assessment. This was complete a thirty minutes personality profiler, which is a Predictive Assessment of her past and likely future ‘to-be “attitudes, from a company called the Predictive evaluation. A few days after completing the assessment, she had received this email: “Unfortunately, we have to inform you that this time we won’t be able to invite you to the next phase of our selection process. Though your qualifications are impressive, we have decided to move forward with a candidate whose experiences better meet our needs for this particular role.” Which selection tests she went through in the second assessment scenario? Name any two…
Q.1 Read the situation well and answer the questions below it: A couple of months ago, Maria applied for the position of a “Marketing Coordinator” in an e- commerce based setup. On the desired day, she was asked to do an assessment regarding Project Management Skills. After completing with that, the CEO reached out to her via email to do the second assessment. This was complete a thirty minutes personality profiler, which is a Predictive Assessment of her past and likely future ‘to-be “attitudes, from a company called the Predictive evaluation. A few days after completing the assessment, she had received this email: “Unfortunately, we have to inform you that this time we won’t be able to invite you to the next phase of our selection process. Though your qualifications are impressive, we have decided to move forward with a candidate whose experiences better meet our needs for this particular role.” What and where did it go wrong that led to rejection?

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What is the best cost using assignment problem? Employee/ 1 2 4 3,