The operations manager has a planning team that focuses on managing the resources (labor, machines, etc.) and must find creative ways to balance the priorities and capacity or what should be done first and who should do it of the operation. Planners must work closely with manufacturing, customer service, shipping, and engineering to ensure … Read more
Discussion Prompt(s) Why is developing a financial plan so important for an entrepreneur starting a business Discuss in detail some of the major items detailed on the income statement, balance sheet, and the cash flow statement and why these items are important to the business owner.
Instructions Find the “You Be the Consultant” exercise in Chapter 11; “The Psychology of Pricing.” Read the exercise carefully after having read Chapters 10 through 11, and apply what you have learned in answering the questions using no less than 500 words. Refer to the grading rubric provided below. YOU BE THE CONSULTANT – The Benefits of … Read more
Provide examples of some practical applications of Statistical Process Control (SPC) and control charts that you could use to monitor your health, the performance of your car, or the performance of some other system you use in your personal life. How about in your work life? How would you use that information? Discuss why … Read more
1. What category of IT was the SAP system implemented by the Valle del Lili Foundation (VLF)? Did VLF want to achieve competitive parity or competitive differentiation with the SAP implementation. Use the case details to justify your position. 2. Identify the main driving and restraining forces during the implementation process. 3. Evaluate how well … Read more
The Business Plan: This assignment can not be less than 1,500 words, address the following questions: Discuss the importance of a Business Plan to the success of a small business. Using the Business Plan Format in Chapter 5 of your textbook, identify, and briefly describe, the 14 elements different components of a business plan, utilizing headings … Read more
Instructions Answer the following questions 1 through 6 using a minimum of 600 words total in your paper (100 words addressing each question). Q1: What is franchising? Q2: Describe the three types of franchising and give an example of each Q3: Discuss the advantages and disadvantages of franchising for the franchisee. Q4: Why might … Read more
Instructions Write a 3-5 page paper that identifies quality improvement processes and methodologies using industry standards. You paper should be APA formatted and a minimum of 3 references are required. You may need to do additional outside research to answer all of the questions. This assignment is worth 100 points. You should have four … Read more
Discussion Prompt(s) Describe four different forms of business structure how they differ. Discuss some of the strengths and weaknesses (advantages and disadvantages) of each form of ownership or business structure. What factors should an entrepreneur consider before choosing a form of ownership? Identify some laws that might need to be taken into consideration when considering … Read more
Discuss (using Six Sigma terminology and methodology) what you observe. Hypothesize what caused the changes. Do you think there is room for improvement? Why or Why not? Make sure you address multiple facets of process improvement including: Quality, Productivity, Cost, and Profitability. resources Hot & Cold (2014, Apr 21). Formula 1 pit stops 1950 & … Read more