Explain briefly the purpose of a risk map.
Q: Overview: Medtriox Industries produces medical devices. The company is privately owned and is…
A: The objective of the question is to develop a comprehensive transportation and logistics strategy…
Q: As an interested student, you have volunteered to study the operation of the Sunbucks during a…
A: The average waiting time for a customer in line cannot be directly determined from the given…
Q: Gap analysis strategy explained
A: The objective of this question is to understand the concept of gap analysis strategy and how it is…
Q: Part 4 Independent Challenge 2 1. Get ready Help Sage Realty Services find a solution to a problem.…
A: Approach to solving the question:This question involved a business scenario and required a…
Q: need solution (d)
A:
Q: discuss how Unilever has maintained mutual relationships witheach of its primary stakeholders
A: Unilever's achievements in relation to the development and sustenance of mutually beneficial…
Q: Which stage of a product life cycle often shows rapid market acceptance and increasing profit?…
A: The objective of the question is to identify the stage in a product's life cycle that is…
Q: https://www.bartleby.com/s/5a2bae5d-094d-41d5-999c-164d0763d875 base on the information I got above…
A: Emulate in future business endeavors:Aisin Corporation's dedication to providing assistance to its…
Q: Question 1: HEET company was established in 2013 with an aim to provide household electronics at a…
A: A. The Three Traditional Organizational Structures: Functional Organization Structure:A functional…
Q: The equation below specifies a function with independent variable x. Determine whether the function…
A: Step 1:
Q: T a. $123,000, 15-year loan at 6.00 percent. b. $165,000, 30-year loan at 7.50 percent.…
A: To compare these mortgage options, we need to calculate the monthly payments for each loan. We'll…
Q: The Malaysian consumption of milk and milk products per capita grew from 53.3 kg per person in 2015…
A: 1. **Public-Private Partnerships** - **Strategy:** Collaboration with the Malaysian Ministry of…
Q: Explain and provide at least two (2) examples for the term “risk assessment” during a negotiation.
A: The objective of this question is to understand the concept of 'risk assessment' in the context of…
Q: Align your definitions with these options: Norm, group, social loafing, parading, role,…
A: Norm: Common ideas regarding acceptable attitudes and conduct. Group norms set standards and…
Q: In 2015, Mark spent $3,200 on his health care. If this amount increased by 5 percent per year, what…
A: The objective of the question is to find out the amount Mark will spend on his health care in 2032,…
Q: The average cost for power-production firm is AC = 100 - 10Q + Q2 where Q is measured in billion…
A: To determine if the market is a natural monopoly, we need to analyze the average cost curve and…
Q: real life situations of vertical and horrizontal accountability.
A: The objective of this question is to understand the real-life applications of vertical and…
Q: Provide a strategy for recruiting, selecting, training, and hiring exceptional employees.
A: Recruiting:Define Job Requirements: First of all, define the terms clearly in the job advertisement…
Q: The demand for a certain product is given by p + 4q = 316, and the supply for this product is given…
A: To find the price at which the quantity demanded equals the quantity supplied, we need to solve the…
Q: How to find centroid and area of given area?.
A: let's go through the step-by-step solution to find the centroid and the area of the given region.
Q: From the buyer's viewpoint, the "price" concept in the age of consumer value and relationships is…
A: The objective of the question is to understand how the concept of 'price' is perceived from the…
Q: Corporate social responsibility is a form of management that considers ethical issues in all aspects…
A: Approach to solving the question: Detailed explanation:Four critical approaches that businesses can…
Q: What is a blue-ocean strategy, what is its appeal, and what is its drawback? View keyboard…
A: What is a blue-ocean strategy, what is its appeal, and what is its drawback? A Blue Ocean Strategy…
Q: The day she started her new job at a daycare center, Kaitlin Wells posted on social media, “I just…
A: The objective of this question is to understand the boundaries of what is acceptable to post on…
Q: Walmart’s business in Germany: A. Was managed by Walmart experts in German shopping B.…
A: The Walmart entry into the Germany market met with serious problems and eventually brought about the…
Q: Free market view of FDI
A:
Q: Analyze discussing using your critical thinking skills the five levels of leadership you have been…
A: The notion of the five levels of leadership, as offered in various leadership courses and…
Q: Which 3 main UN SDG's does Tesla aim to address via its design in products vehicles ?
A: Approach to solving the question: Detailed explanation:Tesla, through its design in products and…
Q: Accurate solve fill the table
A: Title: Comprehensive Understanding of Common Conditions in Pregnancy and Their…
Q: Find the Inverse Laplace Transform of Y(s) = 12 (s+5)*
A:
Q: Provide and explanation for the solution provided and the steps it takes to solve this problem…
A: Step 1:there are three ways to solve the 4x4 matrix.. Step 2:matrix we use another method whisck…
Q: Overview: Medtriox Industries produces medical devices. The company is privately owned and is…
A: The objective of the question is to develop a comprehensive transportation and logistics strategy…
Q: Benetton is studying two alternative contracts with a retailer for a seasonal product,…
A: let's dive into each step in more detail for both the Benefit Sharing Contract and the Amount…
Q: briefly explain what strategy is and how it can help business leaders to focus on “the big picture.”…
A: Strategy Leaders in the fast-paced world of business must make decisions all the time that have the…
Q: Check out this article on VOX:…
A: Let's break down how this answer comprehensively addresses each aspect of the question based on the…
Q: Fast solve both
A: Approach to solving the question: Step 1: First, we will calculate the total resistance of the…
Q: Would you rather do business in a country that uses civil law or common law? Why?
A: The preference between doing business in a country that uses civil law or common law largely depends…
Q: What is a note of caution in interpreting the debt ratio
A: The debt ratio is a financial ratio that measures the extent of a company’s leverage. It is…
Q: What do you do when you are convinced that the way forward is clear, but others are not yet…
A: There are a number of tactics you may use when you see a clear way ahead but others aren't quite…
Q: 7. Paulos Tracking is divided into two operating divisions: Perishable Foods and Household Goods.…
A: The provided information sets the stage for understanding cost allocation within Paulos Tracking. We…
Q: typing pls
A: To calculate: Centroid of plane areaExplanation: the given plane area is in a composite shape So,…
Q: Critically explore the antecedents of work-life conflict experienced by Oliver and Amira in the case…
A: Work-life conflict arises when the demands of one's personal life and one's professional life are…
Q: i will 5 upvotes. do fast
A: Approach to solving the question: Detailed explanation: Examples: Key references:
Q: Gross Domestic Product (GDP): a) GDP measures: i) Total income earned by citizens of a country.…
A: The correct answer is: Option (ii) Total value of goods and services produced within a country's…
Q: On page 335 of HR5 by Denisi and Griffin, in the closing case "Driving Employee Motivation," which…
A: There are a number of fundamental theories and concepts of motivation that are illustrated in the…
Q: Question 4 Read the below case study and answer the questions that follow: M&N Consulting Services…
A: I explained about three primary communication barriers hindering M&N Consulting Services:…
Q: From the Research Topic below, kindly provide a Discussion of the Findings and a Conclusion in…
A: Discussion of the Findings:Recruitment:The examination of the many elements that impact recruiting…
Q: Check out this article on VOX:…
A: Tattling, often perceived as juvenile behavior, holds significant implications across various social…
Q: List a few ways how organizational leaders deal with crises.
A: The objective of the question is to understand the various strategies and methods that…
Q: Business Plan for 39 Storage https://www.39storage.com/ (This Company) Cover these points below…
A: **Market Need**:The demand for storage solutions is driven by several factors including downsizing,…
Explain briefly the purpose of a risk map.
Step by step
Solved in 2 steps
- 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?
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?The purpose of doing a risk analysis.
- Propose an initial risk register (Table form with 7 risks) Barbados GIS – The United Nations Food and Agriculture Organization (FAO) has collaborated with the Ministry of Maritime Affairs and the Blue Economy, and local business Adams Aquafarms, on a project to train persons in aquaponics. Aquaponics is a sustainable way of integrating land-based fish farming with plant production. Both are placed in a tank, and the set up allows for them to coexist, with the waste produced by the fish fertilizing the plants, while the plants purify the water for the fish. The training, funded by the FAO, will take place at a demonstration facility, located at Adams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneurs and 10 teachers. Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the project will be “transformative”, as it has the potential to empower Barbadians. “In aquaponics, you have the opportunity to have, at the same time, multiple sources…With an aid of a diagram, show the relationship between risk assessment and risk management.Please outline the stages involved in risk assessment.