Scenario exercise (1)

docx

School

Canadore College *

*We aren’t endorsed by this school

Course

210

Subject

Management

Date

Apr 3, 2024

Type

docx

Pages

Uploaded by sarbjeetkaurchandan

Scenario 1: Most Desirable Walmart released a new product, everyone loves it, expected 10 orders a week, actually receiving 20 orders a week Scenario 2: Most Likely Case Walmart released a new product, everyone loves it, expected 10 orders a week, receiving 10 orders a week Scenario 3: Least desirable Case Walmart released a new product, expected 10 orders a week, receiving 2 orders a week Challenges faced Meeting the increased demand for the new product - Ensuring efficient handling and processing of double the expected number of orders - Managing inventory and logistics to meet the higher order volume - Ensuring customer satisfaction and timely delivery despite the increased workload HR Strengths and Weakness HR strengths: Strong communication and coordination skills, ability to adapt quickly to changing demands. HR weaknesses: Limited resources and capacity to handle the higher workload, potential strain on existing team members. Over the next 5 years, what are the likely trends? Over the next 5 years, the likely trend for Walmart's new product could be a continued increase in demand and sales Over the next 5 years, what are the threats? Over the next 5 years, some potential threats for Walmart's new product could include: - Increased competition from other retailers offering similar products - Market saturation leading to a decline in demand - Changes in consumer preferences or trends

affecting the product's popularity What are the predicted needs and motivations of key employees? The need for effective communication and coordination to handle the increased workload - Motivation to meet customer demands and ensure timely order fulfillment - The need for additional resources or support to efficiently manage the higher order volume. What changes do we forecast in the quality and quantity of our labour pool The work pool might see changes as far as expanded interest for gifted labourers in regions like innovation, planned operations, and client care. There may likewise be a requirement for additional adaptable and versatile specialists who can deal with changing client requests. The work pool might see changes as far as expanded interest for gifted labourers in regions like innovation, planned operations, and client care. There may likewise be a requirement for additional adaptable and versatile specialists who can deal with changing client requests. Name ONE HR initiative to deal with threats and opportunities One HR initiative to deal with the increased demand and potential threats for Walmart's new product could be implementing a robust training and development program to enhance the skills and capabilities of the existing workforce. This initiative would help ensure that employees are equipped to handle

the higher order volume and maintain the quality of service.

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Related Documents

Critical Thinking - Assignment 2.pdf

C438 F23 Coffee Pot A only Case Dec20x.doc

shopify assingment by garv.docx

Quiz 3 Unit 3 PM693.docx

Lesson-10-MGT251.docx

Quiz 12.docx

High Performance Teams in Health Care Literature Review 2.0.docx

Unit 3_Case Study.pdf

Ferrari Case Questions.docx

Target Case Questions.docx

Dupont Case Questions.docx

Ethical dilemmas and decisions.docx

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:Cengage,

Purchasing and Supply Chain Management

Operations Management

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Cengage Learning

MARKETING 2018

Marketing

ISBN:9780357033753

Author:Pride

Publisher:CENGAGE L

SEE MORE TEXTBOOKS

Recommended textbooks for you

Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
MARKETING 2018
Marketing
ISBN:9780357033753
Author:Pride
Publisher:CENGAGE L