Activity III: In your own words, explain the importance of three business resources.
Q: 3.2 Read the following case study and answer the questions that follow. John and Amy have a thriving…
A: Case Summary- Individuals J and A have a thriving business. They run a coffee shop business. The…
Q: Flexibility is one of the performance objectives at an operational level. Illustrate with examples.
A: Performance Objective: Flexibility: Flexibility is that the proposes that of changing Associate in…
Q: List ten(10) factors that need to put into consideration in operational planning
A: An operational plan is a detailed and actionable document that outlines how the responsibilities and…
Q: a. List the four areas of a balanced scorecard. Describe each area clearly and concisely. b. Define…
A: Balanced Scorecard: The balanced scorecard is a strategic management tool used to…
Q: Flexibility is one of the performance objectives at an operational level. Explain with examples
A: In business, operational objectives are also called momentary objectives whose accomplishment…
Q: There are two unique ties between the customer and the plan. Distinguish between them by describing…
A: Customer: Customers are the lifeblood of any business. No business can last long without…
Q: Operational Planning and Process Improvement Describe the concept of operational planning, the…
A: Planning is a crucial function of any business organization which is generally performed by the…
Q: Match each of the following performance measures with one of the four Customer-C, Business…
A: S.No. Items Category a) Direct labour efficiency variance Financial (F) b)…
Q: principles
A: The principles of system analysis are to provide the optimum technological solution for a system.…
Q: operational definitions for “Success” using two different scales of measurement. Make sure to…
A: Operations management is the process of controlling production and business process operations of…
Q: Palisades Eco-Park is a small ecological reserve that admits a relatively small number of visitors…
A: Need for estimating costs Cost estimation is recognizable proof of fixed costs and…
Q: What objectives does Baker Hughes INTEQ (BHI) seek to accomplish through the introduction of…
A: Baker Hughes INTEQ (BHI) is the industry's leading provider of drilling and evaluation services. The…
Q: The partners in charge have asked Kevin to alter his time to meet time budgets. Meeting time budgets…
A: Introduction:- The objectives for an independent company budget meeting will to a great extent rely…
Q: Write an essay of a minimum of 800 and a maximum of 1 000 words (1 ½ - 2 pages) on the following: 1.…
A: In today's dynamic business landscape, customer service has evolved into a pivotal aspect of any…
Q: define the approach that seeks to make revolutionary changes as opposed to evolutionary changes…
A: Business process reengineering is the approach that seeks to make revolutionary changes as opposed…
Q: a. As you already know Hong is an extremely optimistic person, what is his investment decision? b.…
A: Here, for each alternative, I have been given three states' tenure, promotion, and fired, here, I…
Q: Provide more context in the response by specifically referring to statements made in the study case…
A: Based on the Hartmann Southern Africa case study, here is an evaluation of Hartmann's resources and…
Q: T, F. Performance measurement is the use of both quantitative and non-quantitative rubrics in…
A: PERFORMANCE MEASUREMENT: The performance measurement can be broadly defined as the outcome of an…
Q: There are two unique links between the customer and the plan. Identify the distinctions between…
A: Customer and plan are related. Plans are made in the organization in order to satisfy the customer…
Q: There are three main parts to a system that all work together. Analyze how each of these facets…
A: A system is made up of various parts that cooperate to accomplish a single objective or a number of…
Q: Explain what does actually the flowcharts graphically present
A: Sequential steps are classified as events occurring serially and in a specific order.
Q: Identify five (5) items commonly found in the operational and financial plan. Describe how each is…
A: Common items: Both Financial and operational plan is very important for every…
Q: How important do you think it is for your company plan's operations section to address management…
A: The organization's primary objective will be to have a proper flow of business process, and to…
Q: Institutional Vision: It shall be the leading institution known for its commitment to quality of…
A: INTRODUCTION: It is important for a company to have a vision and mission statement. The vision…
Q: Describe the essence of the administration of activities in the following organisations. To do so,…
A: Operational Decisions The operational decision is really the most basic form of repeatable…
Q: how does system design differ from strategic planning?
A: System design planning Design planning is the process of determining all project objectives and…
Q: Discuss the term time based strategies and give 3 examples.
A: A strategy is a collection of actions conducted to fulfil a set of goals or objectives.…
Q: Discuss the principle of Life-Cycle analysis (in a flow chart) and how this company must apply it?
A: Life cycle analysis (LCA) can be defined as a method used to evaluate the environmental impact and…
Q: Give a shining example of how process choices can lead to competitive advantages?
A: The processes are at the core of any business. Competitive advantage depends on how the process is…
Q: Scenario Referencing the scenario provided in Assessment 1, and following the guidance provided by…
A: Before setting the financial and strategic objectives, it's important to understand the business…
Q: Explain the following based on your knowledge and give sample scenario in the business: 1. Core…
A: Strategic management refers to a process of determining and setting the mission, vision, goals, and…
Q: Define the term resources 2. Create a hypothetical business that you would like to have and…
A: Business:- A company other enterprising entity that conducts business, industrial, or professional…
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- Your company is ready to open a keep fit gym in its premises with on-site aerobic exercises, swimming pool and exercise and weighing machines. The centre will open from 6.00am to 10.00pm daily. At least one qualified instructor will be on duty a all times. Employees get preference and if there is extra room, clients, spouses and children may use the facilities. Your company hopes the fitness centre will help out-of-shape employees to get the exercise they need to be more productive. Other companies with exercise centres have as much as 600 days from shorter hospital stays and attendance by employees. People who exercise have medical bills that are 35% lower than people who do not get enough exercise. Write a memorandum to all staff announcing the fitness centre.What are the benefits of using a life cycle approach?Exercise 22-18 (Algo) Performance measures-balanced scorecard LO A3 Midwest Manufacturing uses a balanced scorecard as part of its performance evaluation. The company wants to include information on its sustainability efforts in its balanced scorecard. For each performance measure below, indicate the most likely balanced scorecard perspective it relates to: customer, internal process, innovation and learning, or financial 1. Customer feedback on sustainability reputation 2. Dollar sales of green products 3. Market value 4. CO2 emissions 5. Operating cash flow 6. Percentage of energy used from renewable sources 7. Average price of green products 8. Number of solar panels installed 9. Pounds of waste recycled 10. Gallons of water used
- When describing operations beyond the scope of a systems analysis, it may be useful to do so in a systematic manner.Case Study: Read the case and answer the questions given below. Zara designs and markets an extensive range of women's and men's fashion apparel and accessories, with versatile collections ranging from casual to dressy. The company also produces fragrances for women and men. The company wants to double revenue, cut operations costs, reduce time from product design to availability, and improve communications with customers. To achieve these goals, Zara is making a major technology overhaul that will increase hardware, software, databases, and network capabilities. Zara has developed Web-based tools to improve communications with suppliers and retailers. A Web-based application allows retailers to track purchase orders and to check the status of transactions instantly - a process that used to be done over the phone. Over 60% of customer orders are now placed electronically. The company also invested heavily in software to track materials around the world and to help communicate better…CASE STUDY - Bricks and Mortar This coursework concerns the development of information systems for the branch offices of Bricks and Mortar, a rapidly expanding estate agency in the south of England. The attached information was gathered in an interview with Mrs Kate Hudson, joint owner and managing director. Bricks and Mortar are considering computerising and "internetting" the main part of their business: that carried out in the branch offices; the selling and marketing of houses. They called this the "Business Improvement Project" (BIP). It is hoped that this will enable Bricks and Mortar to become the premier estate agent in the south of England although with the drop in demand to buy houses as the rental market expands coupled with new internet based estate agents emerging this could be a tough target to meet. However, the BIP should allow costs to fall as there will be a need for fewer administrative staff especially if they switch away from advertising in newspapers and move onto…
- Please use the proper methodology when solving, thank you.Describe the operations of any small business you are familiar with or have heard of (e.g. physical, online). Discuss how the small business in question will distribute yearly objectives to its employees and manage the process using the framework for developing annual objectives.More information has been released on the case related to the Great Eastern Hotel we saw in the first assignment. The turbulence in the economic environment has resulted in policy changes such that banks, financial services firms, and automobile firms—which all form an integral part of the hotel’s target markets—have cut travel-related expenses forexecutives. No longer can executives of these firms travel first class on their business visits; they must now use only economy class travel.Moreover, they are now required to cut hotel stay–related expenses, so they have to stay in three- and four-star hotels and not pay more than USD 200 per night. These restrictions have had a major impact on hotels like Great Eastern, which Debbie and her executives must resolve.The U.S. government is bailing out banks and financial institutions, and since Great Eastern has a major influx of business travellers from U.S. firms, it is important that Debbie and her team consider the impact of government…
- Draw the flow chart of core competence model and explain the significance of the model in strategy formulation.Kindly draft at least 5 SMART Work Objectives from the following below. 1. Perform the Human Resource Administrative functions for the department. Monitor Staff Attendance and update leave register weekly. 2. File and Register Deeds, Power of Attorney and Bills of Sale within one day of presentation. 3. Examine Birth, Death and Marriage Certificates within the work day period ensuring 99% accuracy. 4. Maintain Office Stores - perform monthly stock check and ensure that adequate stock is available at all times. Update Assets Register after each purchase of equipment. 5. Provide Support to the Accounting Processes - certify invoices and approve local purchase orders with 100% accuracy.More information has been released on the case related to the Great Eastern Hotel we saw in the first assignment. The turbulence in the economic environment has resulted in policy changes such that banks, financial services firms, and automobile firms—which all form an integral part of the hotel’s target markets—have cut travel-related expenses forexecutives. No longer can executives of these firms travel first class on their business visits; they must now use only economy class travel.Moreover, they are now required to cut hotel stay–related expenses, so they have to stay in three- and four-star hotels and not pay more than USD 200 per night. These restrictions have had a major impact on hotels like Great Eastern, which Debbie and her executives must resolve.The U.S. government is bailing out banks and financial institutions, and since Great Eastern has a major influx of business travellers from U.S. firms, it is important that Debbie and her team consider the impact of government…
