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FIB is an Australian artificial intelligence (AI) company that was started by two entrepreneurs, Eric Lee and James May, in Brisbane in 2017. Eric and James met while completing their studies at university. They have a strong working relationship and are experts in deep learning, a technique where machines are trained via data feeding to help them make decisions and solve problems in the future when data is fed to them. The company employs 10 data scientists and mechanical engineers in their Brisbane office. With growing interest in the technology, FIB internationalized in 2019 and entered the USA market where it works with companies involved in manufacturing defense equipment. The company has also received interest from some car manufacturing companies in the US, who are interested in developing smart, driverless cars. In 2020, FIB opened offices in Maryland and Michigan to have a local presence in North America. Using the internationalization theories covered in the subject, assess the internationalization pattern of FIB. Which theory best explains their internationalization? What are the benefits and limitations of this approach?
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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