What is the difference between employee training and management development?

Q: Why is it important to consider the buyer’s sensitivity to price when pricing products?

A: A product can be defined as a collection of tangible, intangible, and associated characteristics tha...

Q: Explain the five types of discounts for business products.

A: The 5 most common type of discounts that are used in common are: Quantity discounts Functional disc...

Q: Discuss the overlap amongst operations, marketing, andfinance—the three functions basic to all organ...

A: The three major functional areas of organizations Finance:  for securing financial resources at pa...

Q: Business continues to grow at Clean Machine. Melanie hasdecided to use a second car washing bay, sta...

A: System serving capacity is based on the number of server or systems available in the company. This q...

Q: How to split task between operational routines (repetitive tasks, business as usual) and dynamic rou...

A: Operational Routines can be defined as the repetitive pattern of action in the organization which is...

Q: Experts predict that the Internet, social media, and e-business will continue to expand along with r...

A: Yes, it is true that usage of social media and e-business are expanding day by day that enables cust...

Q: What is the purpose of using a Pareto chart for a givenproblem?

A: Every organization wants to attain the favorable position in the market but there can be defects whi...

Q: Supply chain strategies of a vertically integrated company and a horizontally integrated company

A:

Q: Define the term globalization of Operations?

A: Globalization refers to interaction and connecting among people, companies, and governments worldwid...

Q: Describe service blueprinting? Give some examples of when it should be used?

A: When a company starts any business whether producing/manufacturing products or services, they find d...

Q: Please solve all parts very soon

A: Given data is, Number of suppliers = 100 Number of orders = 10,000 Shipping cost = $500 per truck Pi...

Q: In what circumstances might a large corporation sell stock rather than bonds to obtain long-term fin...

A: The written agreement of the corporation is known as the corporate bond. The corporate bond includes...

Q: A new e-commerce seller of cosmetics is considering forming a process-based organization design, and...

A: Process-based organization structure design around the end-to-end flow of a different process such a...

Q: The Simple Simon Bakery produces fruit pies for freezing and subsequent sale. The bakery,which opera...

A: Given Annual Production (p) = 16640 ( production of 64 pies for 5 days per week throughout 52 weeks...

Q: The Delacroix Inn in Alexandria is a small, exclusive hotel with 20 rooms. Guests can call housekeep...

A: The service and arrival rate for housekeeping team are:λ = 0.7/16 = 0.044 requests per hrμ = 30/60 =...

Q: Production systems can be classified into four types, describe them briefly, and give one example fo...

A: The production system can define the methods or the process used to manufacture the goods and servic...

Q: For what is the Sourcing -Function responsible?

A: Sourcing refers to the procurement of goods and services that are required in an organization. The d...

Q: How does the consumer’s perspective of quality differfrom the producer’s?

A: Consumer's viewpoint of quality- Being fit for use is client's meaning of quality. Fit for use means...

Q: What are the different quality characteristics you (as a con-sumer) would expect to find in the foll...

A: Quality is the term which is defined as the degree to which the entity or object like service, proce...

Q: 1. You are trying to decide whether to approve a development budget for a new ERP system. If you are...

A: An enterprise resource planning system is a system that integrates all the activities of the organiz...

Q: Routing and Scheduling becomes relatively complicated in(A) Job production(B) Batch production(C) Fl...

A: The answer is b.

Q: Discuss the types of decisions that are involved in creating a process strategy. Apply the four elem...

A: Process strategy is a very important part of the organization, as it helps in forming a particular s...

Q: Discuss the benefits and potential challenges of using electronic procurement cards.

A: Procurement defined as the method in which material, parts or other items are bought from another fi...

Q: Is your approach to change laden or Value neutral, can you articulate values?

A: Please find the attached answer in the step 2

Q: What are the four phases in the typical business cycle?

A: A business cycle is a cycle of Gross Domestic Product ( GDP) variations around its normal long-term ...

Q: What is the purpose of market segmentation? What is the relationship between market segmentation and...

A: Market segmentation is the process of dividing a target market into smaller, more defined categories...

Q: The following questions deal with discovering fraud in auditingyear-end cash. Choose the best respon...

A: (1) unrecorded disbursements. Bank reconciliation is used to detect unrecorded disbursement rather t...

Q: Provide reasons why most firms do not have an adequate supplier measurement system

A: Supply management is the process of managing the suppliers and raw materials or resources that are e...

Q: Discuss the four factors used in determining a product’sfreight classification.

A: Four factor which are cast-off to regulate a product’s freight organization are as follows:

Q: Describe the locavore strategy in supply chains. Is thisstrategy always feasible?

A: The ‘Locavore Strategy’ in supply chains motivates consumers to buy products locally grown and sold ...

Q: The elements that constitute an effective total quality management programme are detailed as the fol...

A: Total Quality Management (TQM) comprises of association wide endeavors to "introduce and make perpet...

Q: The famous Widget Company sells widgets at the rate of 80,000 units per year. Each widget sells for ...

A: Given information,  Rate of widget = 80,000 units per year  Sells = $100  Cost = 30%  Cost of Widget...

Q: The QRS Trucking Services, has one warehouse servicing its 4 clients within the area. The warehouse ...

A: Note: Please resubmit the question with cost data for the solution of part (2). Part 1 with 3 subpar...