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Nexcor is a large mining company with a diverse workforce that includes a large corporate division. Known for providing its interns with a wide breadth of experience, helpful mentors, and generous remuneration, it is not surprising that its annual internship-selection process is usually very competitive. Faced with a barrage of applications from hopeful prospective interns, Nexcor’s HR officer, Sam, devised a unique strategy in respect of the initial selection process: All prospective interns were required to sit for a business law test.
Sam appreciated that most business schools offer business law only as an elective to undergraduate students. With many years’ experience in dealing with interns, Sam found it inexplicable that many graduates in business studies seemed to know next-to-nothing about the law. So Sam decided that only prospective interns who pass the test would be called back for the second round of interviews.
Use the IRAC approach to answer this question
Question: Susan is one of Nexcor’s accountants. While checking the financial statements of one of Nexcor’s divisions, she was shocked to realize that 100K was missing. Petra, the junior internal-control clerk responsible for the division’s accounts, could not give Susan a satisfactory explanation for the discrepancy. Does Nexcor have legal recourse against Patra?
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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