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A prominent consultant was once asked: “How much should a company spend making an important business decision?” His response: “I always recommend the ‘10 Percent Rule.’ So, if the decision is about an expenditure of $100,000, then the company should spend roughly $10,000 making the decision. If the expenditure would be $10,000, then making the decision should cost $1,000. And so on.” What do you see as the strengths and weaknesses of the 10 Percent Rule?
You are the director of maintenance for Regional Airline Corporation (RAC), a U.S. regional airline. Knowing that the company is desperately seeking cost savings to allow it to remain competitive, you explore the option of contracting-out the corpora..
Creativity is not a well defined concept. How would you like to define creativity from firm’s point of view? Do you agree with him that emphasis on mathematics rather than humanity is harmful to promote creativity? Discuss the impact of academically ..
Which of the following statements regarding capacity is NOT true?
Explain how these demographics determine or affect the cultural dynamics where you live. For example, types of restaurants, specialty grocery items, entertainment offerings, public housing requirements, and education offerings.
The Cutco case deals with the marketing environment surrounding green initiatives and the skills marketers need in today's changing workplace. You will assume the role of a new marketing manager at a local light bulb manufacturing company.
An organization develops a new strategic plan and seeks ways to measure its performance over a specific period of time. Which tool can apply to both financial and non-financial performance appraisal?
In your opinion, what is the most ideal way to train people who are unfamiliar with social media on how to use if for organization-wide communication?
Describe and evaluate how Pfizer is allowing employees to be more productive with its PfizerWorks.Discuss the global aspect of adapting a structure.
Use Solver to create a Sensitivity Report and answer the following questions: a. If the company could get 50 more units of routing capacity, should they do it? By how much would the selling price have to decrease before the company would no longer be..
The daily demand for an item in a store follows a Normal distribution with mean 100 and standard deviation 5. It costs $.024 per day to hold one item in inventory. The fixed cost to make a replenishment order is $30, and the lead time to receive an o..
Identify a new export country, and describe the country's challenges and advantages and prepare a supply chain assessment - Develop a transportation plan that addresses how to move goods to the chosen country.
Suppose you want to change your organization’s culture. What sort of resistance would you expect from employees? How would you deal with this resistance?
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