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For years, David and Evie Wexler of The Little Guys Home Electronics had many ideas about how to improve the home electronics store in which they were working, but could not put them into action. So they decided to start a small business. Twelve years later, many of their ideas have been met with widespread success. Like many entrepreneurs, the Wexlers felt blocked by their old positions and wanted to strike out on their own. They possessed many of the characteristics of successful entrepreneurs. They took their high energy level and need to succeed and formed The Little Guys as a partnership with a long-time associate, Paul Gerrity. The three owners maintained control and responsibility of the entire company, believing that combining their diverse skills would produce the greatest success. Today, with annual sales of over $10 million, The Little Guys has moved beyond the start-up phase to become a success. While the founders have benefited from the growth of their business, they are not resting on their laurels. Instead, they look forward with anticipation to the next big challenge.After viewing The Little Guys video case study, please answer the following three questions in three to six paragraphs (250-500 total word count).Identify the effective general leadership traits that have contributed to The Little Guys' ongoing success.Identify the behaviors often incorporated by entrepreneurial leaders.Determine the entrepreneurial attitudes that have most prominently contributed to the success of the Little Guys.
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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