Business in Action Plus MyLab Intro to Business with Pearson eText -- Access Card Package (8th Edition)
8th Edition
ISBN: 9780134473642
Author: Courtland L. Bovee, John V. Thill
Publisher: PEARSON
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Question
Chapter 15, Problem 1CTQ
Summary Introduction
Case summary:
The Company C is a retailer that offers certain unique and unusual products which is more expensive but in good quality. Company C carrying only lesser amount of products than its competitors. It prefers only name brand products and some luxury products.
The Company C offers best prices for everything and try to be a toughest negotiator in the business. The Company reached the financial success through lower inventory turnover rate. The selling of fast moving goods leads the company in to merchandise than its competitors. The employees of the company are highly productive and loyal to the company because of higher wages and array of benefits. This also leads to reduce the cost.
The Company C is moving in to fourth decade with a leading market position strong financial performance, millions of satisfied customers and greater annual sales.
To discuss: Whether Company C brings the products which are in low quality and high price by the recommendation of customers.
Expert Solution & Answer
Explanation of Solution
The Company C will not bring the products recommended by the customers. The product is under quality and high expensive so it will leads to destroy the comfort zone of the company. If the company decided to bring that product, then the company loss its position of competitive advantage over high product quality and low price.
The Company C want to focus the needs of potential customers and they are not interested to lose the position of competitive advantage over its competitor’s. According to Person X’s point of view while introducing customer recommended high expensive products will lead to losing competitive advantage. The risk of losing competitive advantage are the following:
- Losing employees to your competitors
- Losing customers to your competitors
- Failing to attract the best talent to your organization
- Missing out on opportunities that competitors can capitalize on
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Students have asked these similar questions
وبة واضافة هذه القيمة الى القيم
Ex: Assign each job for each worker at minimum total Cost
عمل لكل عامل وبأقل كلفة ممكنة
obs الأعمال
Workors العمال
J1 J2 J3 J4
W₁ 15 13 14 12
W2 11 12 15 13
W3 13 12 10 11
W4 15 17 14 16
The average completion time (flow time) for the sequence developed using the FCFS rule = 11.75 days (round your
response to two decimal places).
The percentage utilization for the sequence developed using the FCFS rule = 42.55 % (enter your response as a
percentage rounded to two decimal places).
b) Using the SPT (shortest processing time) decision rule for sequencing the jobs, the order is (to resolve a tie, use the
order in which the jobs were received):
An Alabama lumberyard has four jobs on order, as shown in the following table. Today is day 205 on the yard's
schedule. In what sequence would the jobs be ranked according to the decision rules on the left:
Job
Due Date
A
212
B
209
C
208
D
210
Duration (days)
6
3
3
8
Sequence
1
Job
B
2
3
4
A
D
The average tardiness (job lateness) for the sequence developed using the SPT rule = 5.00 days (round your
response to two decimal places).
The average completion time (flow time) for the sequence developed using the SPT rule = 10.25 days…
With the aid of examples, fully discuss any five (5) political tactics used in organisations.
Chapter 15 Solutions
Business in Action Plus MyLab Intro to Business with Pearson eText -- Access Card Package (8th Edition)
Ch. 15.1 - Prob. 1CTCh. 15.1 - Prob. 2CTCh. 15.1 - Prob. 1IYBCh. 15.1 - Prob. 2IYBCh. 15.2 - Prob. 1CTCh. 15.2 - Prob. 2CTCh. 15.2 - Prob. 1IYBCh. 15.2 - Prob. 2IYBCh. 15.3 - Prob. 1CTCh. 15.3 - Prob. 2CT
Ch. 15.3 - Prob. 1IYBCh. 15.3 - Prob. 2IYBCh. 15.4 - Prob. 1CTCh. 15.4 - Prob. 2CTCh. 15.4 - Prob. 1IYBCh. 15.4 - Prob. 2IYBCh. 15.5 - Prob. 1CTCh. 15.5 - Prob. 2CTCh. 15.5 - Prob. 1IYBCh. 15.5 - Prob. 2IYBCh. 15.6 - Prob. 1CTCh. 15.6 - Prob. 2CTCh. 15.6 - Prob. 1IYBCh. 15.6 - Prob. 2IYBCh. 15 - Prob. 1CTQCh. 15 - Prob. 2CTQCh. 15 - Prob. 3CTQCh. 15 - Prob. 4QRCh. 15 - Prob. 5QRCh. 15 - Prob. 6QRCh. 15 - Prob. 7QRCh. 15 - Prob. 8QRCh. 15 - Prob. 9QACh. 15 - Prob. 10QACh. 15 - Prob. 11QACh. 15 - Prob. 12QACh. 15 - Prob. 13QACh. 15 - Prob. 14QAPCh. 15 - Prob. 15QAPCh. 15 - Prob. 16QAPCh. 15 - Prob. 17QAPCh. 15 - Prob. 19DCOCh. 15 - Prob. 20DCOCh. 15 - Prob. 21DCOCh. 15 - Prob. 1ITICh. 15 - Prob. 22BTSCh. 15 - Prob. 23BTSCh. 15 - Prob. 24BTSCh. 15 - Prob. 25BTSCh. 15 - Prob. 26BTSCh. 15 - Prob. 27BTSCh. 15 - Prob. 28BTSCh. 15 - Prob. 29BTSCh. 15 - Prob. 30BTSCh. 15 - Prob. 31DRSCh. 15 - Prob. 33DRS
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