Answered: explain the purpose of asking each…

Business

Management

explain the purpose of asking each question.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Sit 9 BU PDE LO PDE LO P L1 O Gl On x PDF 8 1 Po BU b Ve 20. ds E En 20 M Yo b An b M b An b An b Or b If IfB Or ô https://moodle.uowplatform.edu.au/mod/quiz/attempt.php?attempt=D4736363&cmid=2050011&page=37 When groups are established, social comparisons and competition exist between members. Select one: O True O False 21:28 o在這裡輸入文字來搜尋后 )英 27/3/2021
Jack was walking to his office when he bumped into an old friend, Joy, withwhom he went to school many years ago. After chatting for a little bit, Jackdiscovered that Joy was looking for an office space for her business, and Jack happened to have an empty office that he wasn’t using. Jack said, “Would you like to use my empty office?” Joy replied, “Yes, that would be great! Thank you so much.” The next day, Joy moved into the office with all of her “stuff.” Her“stuff” consisted of aromatherapy and within a day it was giving Jack a headache. Jack didn’t say anything and just suffered through it as he figured he could use the extra income from rent. At the end of the month, Jack provided to Joy an Invoice for $400 which, historically, has been the rent for that office. Joy came running in to see Jack to exclaim, “What!? I didn’t know I had to pay that much. I can pay $200 and that’s it.” Jack said, “Ok, as long as you have the money to me by this Friday and you provide to me six months…
Exercise 1 Your Customers Are Using My Parking Lot! You own a hardware store that is located in a strip mall. Three months ago an Italian restaurant opened next door. Parking is limited and each respective business in the strip mall has a designated number of parking spaces in front. This is generally not a problem because your store has more customers during the day, while the restaurant is busier at night. The problem is on Friday and Saturday nights when your store is open later and the restaurant is busier. You are concerned because business at the restaurant has been increasing as the restaurant becomes more well known. Instructions: Implications of Negotiation
2
As the new owner of a local ice cream store located in a strip mall adjacent to a university campus, you are contemplating how to organize your business – whether to make your ice cream in-house or outsource its production to Fan Milk Ghana Ltd., whose brand is in most of the local supermarkets; and how much authority to delegate to the two assistant store managers and employees working at the counter and cash register. You plan to sell 20 flavors of ice cream. REQUIRED: Since you do not plan to be in the store during all the hours it is open, what specific decision-marketing authority would you delegate to the two assistant managers?
Let’s assume you are the new full time manager that the school has hired to take over running the wellness center and create 2 new programs to bring in more students/faculty to use the facilities. You’ve been given permission and budget to hire 2 assistant managers, 1 personal trainer, 2 employees (desk attendant/operations/floor coverage for safety) and 2 student workers (desk/attendant/operations). You need to create a proposal to give to the school on ways to improve the wellness center. What are the hours of the fitness center? Are they different from the current hours? Why or Why not? Are there times for the teams to work out without students/faculty? What is the schedule for employees? Proposed Hours: ____________________________________ Reasoning: Team Work out times ( if applicable): ___________________ Employee Schedule: Sun Mon Tues Wed Thurs Fri Sat Manager Asst. Manager 1 Asst. Manager 2…
Emerson Electric is considering the purchase of equipment that will allow the company to manufacture a new line of wireless devices for home appliance control. The first cost will be $80,000 and the life estimated is 6 years with a salvage value of $10,000. Three different salespeople have provided estimates regarding the added revenue the equipment will generate. Salespersons 1,2, and 3 have made estimates of $10,000 , $16,000 , and $18,000 per year respectively if the Companys MARR is 8% per year find the PW of each salespersons estimates.
discuss,,, How does line balancing contribute to reducing lead times and improving customer responsiveness?
Situation: One other significant problem plagued the engineering departments at TRP. Because ofpast salary increase practices, there is now a high salary gap between the engineermanagement levels and the engineering designers. For the same long working hours, thoseworking in the operational levels (e.g., payroll, accounting, HR) made almost 15 times less thanthe engineering designers. These same operational level employees also made 25 times lessthan the engineering management groups. Alternative Courses of Action for payment gap between workers with the same working hours: ? Pros: ? Cons: ?
Prepare a proposal that covers the following:1. The logistics team decided that missing guaranteed deadlines and late delivery of goods and increase in themotor vehicles gas bill are identifiable control problems. You are asked to analyse these issues and presentyour evaluation of these, as well as present one resolution to each issue mentioned
Let’s assume you are the new full time manager that the school has hired to take over running the wellness center and create 2 new programs to bring in more students/faculty to use the facilities. You’ve been given permission and budget to hire 2 assistant managers, 1 personal trainer, 2 employees (desk attendant/operations/floor coverage for safety) and 2 student workers (desk/attendant/operations). You need to create a proposal to give to the school on ways to improve the wellness center. What 2 new programs are you adding? ( examples might be: Yoga class in the gym, Crossfit program outside, water aerobics, walking club, etc) You have use of the gym and the pool. Do you need any equipment? (dumbbells, yoga mats, certifications for the employees or hiring an independent contractor,etc) How much will that cost? Provide a description of the new program and then list out the following: For each program you must list: Purpose: (How will this benefit the member and facility?)…
Background: Imagine you work for an e-commerce company that specializes in selling fashion apparel and accessories online. The company has been experiencing a steady growth in customer acquisition but has been facing challenges in retaining these customers. The executive team is concerned about the increasing customer churn rate and wants to develop strategies to improve customer retention. Business Problem: The primary business problem is to reduce customer churn and increase customer retention rates. The company wants to understand why customers are leaving and identify areas where they can make data-driven improvements to retain more customers. This is a critical issue because acquiring new customers is often more expensive than retaining existing ones, and loyal customers tend to spend more over time. Business Research Question: What factors are associated with customer retention? Identify the type of research, i.e., exploratory, descriptive, causal. What type of data will…