You have established a small-scale business dealing in stationery items within an area of a cluster of schools. How would you blend the main functions of management to achieve your objective?
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- You are the manager of the retail division of a corporation . Your firm has 45 stores scattered over in the luzon area. Corporate headquarters asks you to conduct an investigation to determine whether any of these stores should be closed, expanded, moved or reduced. Is there a possible conflict between your roles as researcher and manager?A well-managed company means... Select one: a. That optimises its resources. b. That achieves sustainable production. c. That sells more and better.In a business setting, what types of organizations would place greater value on security rather than convenience?
- Consider the following scenario and then answer the questions that follow:You intend to open a car battery sales and service store in a centre featuring two used cardealerships. You intend to differentiate your business based on excellent customer service. Three types of business are found, namely: generative business, sharedbusiness and suscipient business. Identify your type of business and justifyyour choice by using examples.Assume General Mills has to decide how to invest millions of dollars to try to expand its dessert and yogurt businesses. To allocate this money between these two businesses, what information would General Mills like to have?What things are most important to you when you decide to eat out at a fast-food restaurant?
- Do managers and executives in hospitality and tourism organizations always have sufficient and reliable information to make decisions?What business goals cannot be met well through Distance Learning in the corporate context?The Exclusive hotel chain in Spain has just bought a line of small boutique hotels in France. The organization had never bought or managed hotels outside of Spain. In fact, it is your first international business experience. For these reasons, she has hired you as an independent consultant to guide and guide her in various decisions related to the selection and hiring of 20 managers for the new hotels. The company expects to open operations in three months and wants to be successful because it wants to continue expanding its operations to other countries. For these purposes, Exclusive management needs guidance on the following: Management needs to know whether to seek internal candidates for managerial positions (expatriates), to hire candidates from France, the country where the new operations will be located, or recruit candidates from a neighboring third country.Prepare a comparison table that lists the advantages and disadvantages of parent-country nationals (PCN), host-country…
- Please read the mini case below and answer the questions at the end of the mini case. Auto-Technic is a small German company founded and run by an electronics engineer, Peter Schnider. He has built his small business over the past five years by undertaking subcontract work for large electronic companies. The work has mainly involved producing small control devices (Automatic switches, timers, etc.) in response to his business customers’ requests. Peter’s expertise is valued by the organizations with which he has dealt. Having returned from trips outside Germany, Peter noticed an increase in the number of homes making use of automatic garage doors. Drivers would either press a button on a device kept in the car, which activated a switch in a door-opening mechanism fitted to the garage door, or a device would be fixed in the car that automatically triggered a sensor as the car approached, which then operated the garage door-opening mechanism. With his electronics expertise, Peter…Imagine that the start-up company that you proposed to create for your assignment is very successful in twenty years and a large component of it becomes virtual. Outline the focus of your start-up company, its products and services, and its customers. Describe three factors that could make a significant part of the start-up company operations to become virtual. Describe two ways you would manage the virtual component of your business.As the new owner of a local ice cream store located in a strip mall adjacent to a university campus, you are contemplating how to organize your business – whether to make your ice cream in-house or outsource its production to Fan Milk Ghana Ltd., whose brand is in most of the local supermarkets; and how much authority to delegate to the two assistant store managers and employees working at the counter and cash register. You plan to sell 20 flavors of ice cream. REQUIRED: To what extent, if any, should store employees- many of whom will be university students working part-time- be empowered to make decisions relating to store operations (opening and stocked with adequate supplies of cups, cones, napkins and so on)?