What is the importance of planning in this situation 2. What are the steps the owner should take in the planning process 3. How can the owner ensure the success of the expansion
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Case Study: ABC Company's Expansion Plan
ABC Company is a small business that manufactures custom furniture. The company has been in operation for five years and has been steadily growing. Recently, the owner of ABC Company has decided to expand the business by opening a second location in a nearby town. The owner believes that the expansion will increase revenue and customer base, and help the business stay competitive in the industry. However, the owner has no prior experience in opening a second location and is unsure of the best way to proceed
1. What is the importance of planning in this situation
2. What are the steps the owner should take in the planning process
3. How can the owner ensure the success of the expansion
???.ion?
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- CASE STUDY 2 Oman Oil Company opens a new petrol station in Samail and it is known as Samail One Stop Station. The new petrol station not only offers petrol but also has a hypermarket that sells groceries, clothes, kid’s entertainment and other home items. Apart from that, the new station also has a restaurant, a car wash, a pharmacy, and a bakery which all of the shops belong to the Oman Oil Company. To manage 100 employees and the business operation of Samail One Stop Station effectively, Mr. Hudaifa, the General Manager of Samail One Stop Station, created an organizational structure based on the different work activities in the company. However, he is still waiting for the structure to be approved by the Oman Oil head office in Muscat and in fact, it is the head office policy that he should get the approval for every decision he makes. While waiting for the approval, Mr. Hudaifa sent a proposal to the head office on changing the decision making policy to allow him to…Case Study Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s annual State of the Motor Industry address at Kyalami on Thursday, president and CEO Andrew Kirby said the lion’s share of R2.43bn would go towards the production of a new passenger-car model from October 2021 at the Prospecton plant in KwaZulu-Natal. The new car, which he did not name, will replace the Corolla model line that will end in 2020. TSAM also announced it will build a Toyota Hybrid Synergy Drive vehicle, in a first for the continent. Kirby said the investment will inject R2.85bn a year into the South African economy and create about 1,500 new jobs. He noted that the deal was made possible due to industrial policy certainty in the form of the Automotive Production and Development Programme, the government’s incentive plan for the motor industry. The next phase of the APDP runs from 2021 to 2035. TSAM has boosted the local economy with…Case Study Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s annual State of the Motor Industry address at Kyalami on Thursday, president and CEO Andrew Kirby said the lion’s share of R2.43bn would go towards the production of a new passenger-car model from October 2021 at the Prospecton plant in KwaZulu-Natal. The new car, which he did not name, will replace the Corolla model line that will end in 2020. TSAM also announced it will build a Toyota Hybrid Synergy Drive vehicle, in a first for the continent. Kirby said the investment will inject R2.85bn a year into the South African economy and create about 1,500 new jobs. He noted that the deal was made possible due to industrial policy certainty in the form of the Automotive Production and Development Programme, the government’s incentive plan for the motor industry. The next phase of the APDP runs from 2021 to 2035. TSAM has boosted the local economy with…
- Case Study Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s annual State of the Motor Industry address at Kyalami on Thursday, president and CEO Andrew Kirby said the lion’s share of R2.43bn would go towards the production of a new passenger-car model from October 2021 at the Prospecton plant in KwaZulu-Natal. The new car, which he did not name, will replace the Corolla model line that will end in 2020. TSAM also announced it will build a Toyota Hybrid Synergy Drive vehicle, in a first for the continent. Kirby said the investment will inject R2.85bn a year into the South African economy and create about 1,500 new jobs. He noted that the deal was made possible due to industrial policy certainty in the form of the Automotive Production and Development Programme, the government’s incentive plan for the motor industry. The next phase of the APDP runs from 2021 to 2035. TSAM has boosted the local economy with…Case Study 3: SWALLOW MARKETING CORPORATION Mr. Rudy Castelo was hired by Swallow Marketing Corporation as counter salesperson for San Fernando branch six months ago. His official working hours begins at 9:00 a.m. and ends at 5:00 p.m. from Monday to Friday. It is almost always that serves customers til 6:00 p.m.. He does not complain and he feels happy that his unit is performing. An evaluation of the number of units sold by Rudy’s unit indicated a 50 percent increase for the past six months. That period coincides with the period that Rudy had been working for the company. There were four salespersons in the branch who were able to sell 80 units of the company’s products during the six months prior to Rudy’s hiring. When Rudy came in, he sold 40 units and the other four duplicated their previous six months’ output. The four salespersons have been working for the company for over two years and each receives a monthly salary of Php 20,000.00. As a new recruit, Rudy’s salary is pegged at…CASE STUDY: Nik and Andy are colleagues working at a multinational automotive company in Malaysia. Both is a Regional Manager for Kuala Lumpur and Sabah. An advertisement has been placed on the company’s and major recruitment’s website to employ a new Country Manager located in Seoul, South Korea. Both want to negotiate with General Manager, Mr Ravi, that they would excel and get promotes as “Country Manager”, from their current position as regional manager. This position will provide either one of them with many opportunities and benefits such as higher salary with more responsibilities and utilizing more of their technical and leadership skills. Besides, both have been working for the company for more than 5 years as a full-time employee and have made an enormous contribution to the organization. From their experience, they have also determined that Mr.Ravi is “conscientiousness” personality type as per the “Big Five” personality type. Nik is married but has no children. His wife is…
- CASE STUDY: Nik and Andy are colleagues working at a multinational automotive company in Malaysia. Both is a Regional Manager for Kuala Lumpur and Sabah. An advertisement has been placed on the company’s and major recruitment’s website to employ a new Country Manager located in Seoul, South Korea. Both want to negotiate with General Manager, Mr Ravi, that they would excel and get promotes as “Country Manager”, from their current position as regional manager. This position will provide either one of them with many opportunities and benefits such as higher salary with more responsibilities and utilizing more of their technical and leadership skills. Besides, both have been working for the company for more than 5 years as a full-time employee and have made an enormous contribution to the organization. From their experience, they have also determined that Mr.Ravi is “conscientiousness” personality type as per the “Big Five” personality type. Nik is married but has no children. His wife is…Case Study: General Motors General Motors’ plan to close its Oshawa plant in 2019 as part of a global restructuring plan. It’s not certain how many of the 2,500 labourers and 300 salaried employees will definitively lose their jobs under the sweeping strategy, which GM says aims to lower carbon emissions and prepare for a future of electric and autonomous vehicles. When GM confirmed the closure in a statement it said the company is exploring options to retool the facility. However, there are no guarantees. The facility could be retooled and given newer vehicles to assemble, or the plant could shut down entirely. However, even in a best-case scenario, it’s unlikely that nearly as many labourers would be required with the new lineup of electric and autonomous vehicles, should GM ultimately decide to retool the plant. The bad news is by no means restricted to just Oshawa and surrounding areas, including feeder companies. General Motors is closing a total of five North American plants and…Case Study 2. The Liberty Cbok is a bookstore with three locations near the BS University campus. The bookstore has a program to sell personal computers to incoming freshmen and other students at a significant discount. The bookstore just covers computer costs, with a very small profit margin remaining. Orders come in throughout the summer, many only a few weeks before school starts in the fall, and the computer suppliers has a lead time of at least 6 weeks for delivery. Thus, the bookstore must forecast computer demand to build up inventory to meet student demand in the fall. The bookstore has a warehouse near campus where it must store all computers because it has no storage space at its retail locations. The number of computers ordered has effect to the number of temporary warehouses needed and workers who must be hired for handling and PC installations assistance. To get the forecast of computer sales the manager gets the computer purchase program for 14 years. Computer sales have…
- What is the goal of a feasibility study?What is a feasibility study? Properly cite your sourcesCase Study: Abu Dhabi International Book Fair and Event Management Established in 1983, from an event first held in 1981, the Abu Dhabi International Book Fair (ADIBF) is organized by the royal family (via Abu Dhabi Tourism & Culture Authority – ADTCA – and KITAB) and held at the Abu Dhabi National Exhibition Centre (ADNEC); bringing together some 904 exhibitors from around 54 countries, two-thirds of which will come from Arab countries. The event showcases over half a million titles in some 33 languages and saw a 10 percent increase in participants – it has been held annually since 1993, and the 2017 event was credited to have attracted over 300,000 visitors. The organizers of the ADIBF took a stand at the Frankfurt Book Fair and hosted several events. This was all aimed at enhancing the profile of the ADIBF as well as raising awareness and networking amongst leading exhibitors, with a view to further enhancing the ADIBF. KITAB wants to confirm the ADIBF as a 'hub' event within…
