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Rachel Brown, chief engineer at Jones Electronics, has to decide whether to build a new state-of-art processing facility. If the new facility works, the company would realize a profit of $200,000. If it fails, Jones Electronics could lose $180,000. At this time, Rachel estimates a 60% chance that the new process will fail.
The other option is to build a pilot plant and then decide whether to build a complete facility. The pilot plant would cost $10,000 to build. Rachel estimates a 50-50 chance that the pilot plant will work. If the pilot plant works, there is a 90% probability that the complete plant, if it is built, will also work. If the pilot does not work, there is only a 20% chance that the complete plant (if it is constructed) will work. Rachel faces a dilemma whether to build the plant, or to build a pilot first and then make a decision on the plant. Help Rachel by analyzing this problem.
What is really being marketed (want satisfied), and who is the target market? 1. golf equipment 2. college textbook 3. beauty salon 4. mouthwash.
Not constructing a new factory would result in no additional revenue being generated because the current factories cannot produce these new products. Construct a decision tree to help Expando make the best decision.
Choose a different Group Leader than the previous one. Then assign each group member one part of the case study, with this assignment being made either by the members or by the Group Leader.
Describe how globalization can lead to the integration of strategic demands for worldwide efficiency, local market responsiveness, and the spread of world-class technology across all national markets
Illustrate what are some of strategies Apple uses to gain a competitive advantage. Also, do you have any specific examples of their cross functional techniques.
Discuss how direct-responce advertising and sales letters can be used to identify prospects.
Suppose you are hired as a consultant to diagnose your company's ( or some other you are filmier with ) organizational structure. Identify which of the 5 “Forms of Departmentalization " is used to organize it. And Explain why you decided that. "NEXT"..
Illustrate what can a organization do to detect also combat the efforts of unscrupulous foreign suppliers to deceive inspection/compliance teams.
A truck driver is hired on as an employee and is tasked with driving 1000 pounds of grain from California to New York. There is one direct route that the employee is instructed to take. Who is liable for the man's death? The company or the driver? Wh..
The Global Harmonization System of Classification and Labeling of Chemical Substances (GHS) has been adopted by the Occupational Safety and Health Administration (OSHA) and the Department of Transportation (DOT).
Describe the most important benefits, costs, and risks of outsourcing.
An insurance company uses accompanying tasks to process paperwork. Forty claims need to be processed in an eight-hour day. Determine theoretical number of workstations.
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