Concept explainers
Case summary:The subway system of NY city is believed to be in a bad state due to the poor decision-making of many government officials. Funds given to the subway system were not utilized properly. The politics of state and other government officials had affected the work of the subway badly. Funds were not utilized properly and were utilized by state officials for their own work. AB was made President of the city transit authority and he tried to understand the problem at the root level. He developed an all-new plan for the working of the system. He made sure that efficient work is done for the renovation of the subway system. He engaged other board members in the working also. The working was made fast, but it was ensured that working should not be done at any cost.
To explain:The opinion about the approach of AB for solving the problem.

Want to see the full answer?
Check out a sample textbook solution
- Mr. Lane was a builder/roofer/carpenter who traded as a one-man firm. He was categorized as self employed for tax purposes. He initially was contracted directly by clients but this work dried up and he usually worked for other contractors. Shire Roofing was a new company who hired Mr. Lane at a daily rate in relation to a specific roofing job. The new company did not want to take on many long-term employees and therefore mostly hired men for individual jobs. When the roofing work was nearly complete Mr. Lane was asked to re-roof a porch at a private house. Shire Roofing agreed to a price of £389 with the householders and then agreed to an all-in-fee of £200 with Mr. Lane following a site visit where plant and equipment were discussed. The hire of scaffolding would have made the job unprofitable and Mr. Lane was offered a trestle-type platform or tower scaffold to work from. Mr. Lane refused, stating that he preferred to work from his own ladder. Whilst carrying out the work Mr. Lane…arrow_forward. Each company offers similar services, including event planning, catering, transportation, equipment rental, and audio-visual production. At present clients engage different companies for specific services, creating a balanced distribution of business across the market.However, recent shifts in client preferences have disrupted this equilibrium. Clients now prefer the convenience and efficiency of working with a single provider that can offer a comprehensive package of services. This has led to a significant decline in business for some companies that are unable to offer the full suite of services on their own. Some of the challenged faces by the companies include limited service offerings, client convenience where clients prefer working with a single vendor to simplify communication, reduce costs, and ensure seamless service delivery, as well as market saturation. With all four companies competing for the same client base, the market has become oversaturated, leaving some businesses…arrow_forward. Each company offers similar services, including event planning, catering, transportation, equipment rental, and audio-visual production. At present clients engage different companies for specific services, creating a balanced distribution of business across the market.However, recent shifts in client preferences have disrupted this equilibrium. Clients now prefer the convenience and efficiency of working with a single provider that can offer a comprehensive package of services. This has led to a significant decline in business for some companies that are unable to offer the full suite of services on their own. Some of the challenged faces by the companies include limited service offerings, client convenience where clients prefer working with a single vendor to simplify communication, reduce costs, and ensure seamless service delivery, as well as market saturation. With all four companies competing for the same client base, the market has become oversaturated, leaving some businesses…arrow_forward
- Please original work (Please dont use AI) List and talk about some of the challenges that managers face from both inside their own organization and external factors that may impact the acquisition or alliance. An example of a failed merger would be: AT&T and Time Warner and compare your list of challenges to the ones that they faced. What differences and similarities did you find? What would due diligence processes do to the organization(s) involved use in making their decisions? Any advice would you give to a manager in charge of blending IT systems after acquisition? What are the key integration issues that might arise in this process? Please cite in text references and add weblinksarrow_forwardPlease original work (Please dont use chatgpt) Imagine that you are presenting the balanced scorecard metrics to your executive team for the first time since you completed the cascading process. What would you put in a one-page meeting agenda. What would you put in a one-page opening statement of what you would say to your executive team to inspire them and guide them as they utilize the balanced scorecard in the meeting. Include why it is important to use the balanced scorecard as the agenda for the management review process. Also include how you will facilitate a discussion of healthy debate that evades the critical flaws of meetings. Please cite in text references and add weblinksarrow_forwardMicrosoft excel include formulasarrow_forward
- Each company offers similar services, including event planning, catering, transportation, equipment rental, and audio-visual production. At present clients engage different companies for specific services, creating a balanced distribution of business across the market.However, recent shifts in client preferences have disrupted this equilibrium. Clients now prefer the convenience and efficiency of working with a single provider that can offer a comprehensive package of services. This has led to a significant decline in business for some companies that are unable to offer the full suite of services on their own. Some of the challenged faces by the companies include limited service offerings, client convenience where clients prefer working with a single vendor to simplify communication, reduce costs, and ensure seamless service delivery, as well as market saturation. With all four companies competing for the same client base, the market has become oversaturated, leaving some businesses…arrow_forwardWhy does Audits not used just for problem-solving but they play a crucial role in improving processes and methodologies for future projects.arrow_forwardWhy do unresolved issues or disputes exist, an how daudit provides an objective review, offering a path to resolution.arrow_forward
- Ethical codes that generally affect researcharrow_forwardWrite in memo format a response to your Manager, based on the information presented below for the Duncan Company and also based on your additional research. Your Manager has advised you to make any assumptions where necessary. Your memo should be between 1200-1500 words. Word limit is not inclusive of bibliography and cover page. Submission should have references following APA6 citation rules, double- spaced, 12 pt font Times New Roman. For more information on using the memo format, check:OWL. Purdue Online Writing Lab: Memos. Available at https://owl.english.purdue.edu/owl/resource/590/1/ Duncan Company is a large manufacturer and distributor of cake supplies. It is based in United Kingdon (Headquarters) It sends supplies to firms throughout the United States and the Caribbean It markets its supplies through periodic mass mailings of catalogues to those firms. Its clients can make orders over the phone and Duncan ships the supplies upon demand. The main competition for Duncan's comes…arrow_forwardWhat are benefits of Lean Six-Sigma methodology? How Six Sigma projects could help researchers improve business processes? What Makes Consulting Recommendations Effective and Sustainable? How DMAIC methodology can systematically address and improve client operations.arrow_forward
- Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage LearningFoundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
- Understanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage LearningManagement, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College PubPurchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning




