Your team has been hired to conduct academic research on a financial institution (banking) that operates within the Caribbean region. They have identified critical areas that they would like you to examine, especially given the evolution of banking services post COVID. Instructions: Case Study Requirements The team has been instructed to select a bank that operates within the Caribbean Region. The team needs to describe and assess three banking services that the entity offers and also examine how its operations has been impacted over the last two years. Once the review has been completed, your team has been mandated to provide at least five recommendations to improve operations and banking services for the period 2022-2025. The recommendations should include but is not limited to, a comprehensive review of the banking services currently offered and how to address any internal challenges that may have been identified, along with strengths, weakness and opportunities that currently exist within the Caribbean context.

Your team has been hired to conduct academic research on a financial institution (banking) that operates within the Caribbean region. They have identified critical areas that they would like you to examine, especially given the evolution of banking services post COVID. Instructions: Case Study Requirements The team has been instructed to select a bank that operates within the Caribbean Region. The team needs to describe and assess three banking services that the entity offers and also examine how its operations has been impacted over the last two years. Once the review has been completed, your team has been mandated to provide at least five recommendations to improve operations and banking services for the period 2022-2025. The recommendations should include but is not limited to, a comprehensive review of the banking services currently offered and how to address any internal challenges that may have been identified, along with strengths, weakness and opportunities that currently exist within the Caribbean context.

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. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.
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?
Slove the quation: Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information. Tony has decided to be more proactive in managing risks. He also wants to address positive risks as well as negative risks. The quation is ; Develop a response strategy for one of the negative risks and one of the positive risks. Enter the information in the risk register.
Research Methodology, Design, and Analyses: How can I Explain the research methodology, design, and analyses? In the Quality Improvement Project to Determine the Knowledge, Attitudes, and Beliefs of Healthcare Providers Regarding the Treatment of Patients with Obesity. Research Article Van Stiphout, C., Alex, R., Turner, K., Twyman, K., Brown, J., Bowes, B., Charlebois, A., & Quinlan, B. (2022). A Quality Improvement Project to Determine the Knowledge, Attitudes, and Beliefs of Healthcare Providers Regarding the Treatment of Patients with Obesity. Canadian Journal of Cardiovascular Nursing, 32(2), 11–17.
Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information, Tony has decided to be more proactive in managing risks. He also wants to address positive risks as well as negative risks. 1. Create a risk register for the project. Identify six potential risks, including risks related to the problems described in the previous paragraph. Include negative and positive risks. 2. Plot the six risks on a probability/impact matrix. Also assign a numeric value for the probability and impact of each risk on meeting the main project objective. Use a scale of 1 to 10 in assigning the values, with 1 representing the lowest values. For a simple risk factor…
Case study: Infiniti Events Company Read the following case study before answering the questions that follow. Infiniti is an event planning a company that strives to continuously improve their planning and coordination offerings to stay in business and to grow. Their MD, Thandi, has developed a business case to extend their corporate events offering to include the coordination of weddings, since many of the wedding event services and processes are similar to the corporate events they currently coordinate. The new offering has yet to be defined and developed. Thandi recently hired a project manager to assist in this development task, because she does not have time to work on the development of the vision, values and requirements of the company, since she is constantly attending to customers. Although Thandi is responsible for developing the strategic objectives, she wants the new project manager to assist her by outlining how the product life cycle phases can effectively be managed,…
Case study: Infiniti Events Company Read the following case study before answering the questions that follow. Infiniti is an event planning a company that strives to continuously improve their planning and coordination offerings to stay in business and to grow. Their MD, Thandi, has developed a business case to extend their corporate events offering to include the coordination of weddings, since many of the wedding event services and processes are similar to the corporate events they currently coordinate. The new offering has yet to be defined and developed. Thandi recently hired a project manager to assist in this development task, because she does not have time to work on the development of the vision, values and requirements of the company, since she is constantly attending to customers. Although Thandi is responsible for developing the strategic objectives, she wants the new project manager to assist her by outlining how the product life cycle phases can effectively be managed,…
Activity 4.state your research plan by Completing the information below. Research plan 1.research problem: (What is your research problem?) 2.rationale: (Why do you want to conduct this study?) 3.significance: (Why is it important to be conducted?) 4.objective: (What is your goal to achieve in this study?) 5.method and design: (Is it a quantitative or a qualitative study?) 6.respondents: (Who or what will be the source of your data?) 7.sample size: (How many respondents does your study need?) 8.sampling technique: (How willyou choose your respondents or source of data?)
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…