Concept explainers
Introduction:
Company B is a machine tool maker company which was thriving enterprise by 1965 and its annual sale was $8 million. The company was sold to company HI and many of the machine-tool and auto factories were dormant and industries at country U weren’t self-sustainable on their own. Person H used the fall of company B to analyze key economic and trade policy.
The investment funds of company B were chocked. Tool makers in country U was highly affected by the cartel led by government of country J. Person H provides numerous ammunition for immediate cash generation. Company B tries to push its produces very fast and it shipped defective machineries and made false promise about the design which the engineering haven’t designed. But most of the claims lie on the governmental policies which didn’t support the industry growth.
To determine: An effective strategy which would have made company B to survive and explain the rationale behind the strategy.
Want to see the full answer?
Check out a sample textbook solutionChapter 2 Solutions
Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
- Can you answer the first 2 questions please Thanks!arrow_forwardWhat would be the main constraint(s) of the small-medium size (SME) companies to achieve high engagements of workforce diversity at work place? How important are these initiatives to SMEs as opposed to global companies?arrow_forwardExplains it correctly Q)In 2021, businesses achieved the highest quarterly profit rates they've had in about 70 years. This indicates that: Group of answer choices A: Capitalists are driving up inflation by increasing prices more than their costs are increasing. B: The high unemployment rates seen during the COVID pandemic have increased inflation. C: The economy is experiencing a wage-price spiral. D: Increased workers' bargaining power is driving up inflation.arrow_forward
- Quantitative analysis for management: Pay-off Table State of Nature State 1 State 2 22 State 3 Alternative 1 35 25 Alternative 2 16 40 72 Alternative 3 30 65 91 Alternative 4 80 90 55 Calculate the following using the above table: a) Regret Analysis b) Hurwicz citerion with realism (coefficient of 0.60) c) Break Even Analysis d) Optimistic e) Pessimisticarrow_forwardAnswer the following major issues Major Issues and Challenges 1 When it comes to salary, the FCO hires mixed diplomats, international organizations, and other Positions; the wages are not determined. It means that salary increment does rise compared to other international organizations. Major Issues and Challenges 2 In workforce planning, they need to ensure a balance of workloads across the world. It faces the challenge of rotating staff between different overseas postings. Major Issues and Challenges 3 Employers have limited career growth for the engaged staff, which leads to the organization remaining stagnant.arrow_forward8. From the data given below, find the second five years moving average. Year Sales 2012 20 2013 25 2014 30 2015 35 2016 40 2017 45 2018 50 a. 40 b. 35 c. 45 d. 50arrow_forward
- 3.10 Some of Union Carbide’s reports hinted strongly that part of the fault lay with the inadequate workforce available in a third-world country such as India. How valid is this statement? What are the ethical implications for Union Carbide if this statement is true?arrow_forwardScenario 32: Overworked Employees You get to work and ore shocked when an employee throatens to quit Thoy state thot they didntexpoct the job to be so much work ond it has limited thoir obility to see their famly. You realze yourselt that you hove missed many events othome. You apologize ond osk thom to give you 24-hours to creato a stronger plan that allows for overyone to hove a better work-life balance.R has become opparont that you have only tocused on the business needs ond need to spond more time looking at tho other oreas of the businoss Check each of the actions that can be taken to make stotting inventory operations, floor space and sales moro efficiont while olsa managing your staff's porsonai noeds from the st below. Create new policies around work time and time of Delegate and assign tasks equally to create efficiency Involve Staff in planning work expectations Hire appropriate levels of staff to meet the business needsarrow_forward7. is consider strength In SWOT analysis. favorable factors trends in the external environment trends that may present challenges to performance internal resourcesarrow_forward
- 6. Can you think of anything that Boston Consulting Group does not do for its workforce that you beliove would make it an even better campany to work for? Why? Only typing answer Please explain step by steparrow_forward3 Environmental scanning plays a key role in strategy formulation by analyzing the strengths and weaknesses and opportunities and threats in the environment. Environmental scanning is defined as 'monitoring, evaluating and disseminating of information from external and internal environments to managers in organizations so that long term health of the organization will be ensured and strategic shocks can be avoided. Select one: True Falsearrow_forward1) In methdology:quanttiative:(a)what kind of data about ecommerce development and what kinds of data of cybercrime you were choose in bangladesh?(b)what kind of data choose to make development to cybercrime.(c)provide some content and list of data of cybercrime in ecommerce(it can be customer data,website data,etc)(d)how from will result this data of cybercrime(e)how you mesure improvement of cybercrime development ion ecommerce in bangladesh? Write by own,not copy from other question or from anywherearrow_forward
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub