Describe specifically hypothetical scenario

Assignment Help Operation Management
Reference no: EM132284098

Describe specifically a hypothetical scenario in which your company has lost the trust of a customer because of mishandling sensitive customer information. As the CEO of the company, how would you address the problem?

(Hint: refer to the key elements of an effective apology from textbook 1. It must be truly sincere, must forthrightly acknowledge the wrongdoing, and must reiterate the importance that the company places on its trustworthiness. 2. It must accept responsibility for the mistake rather than attempting to shift the blame to another party (e.g., the company’s database management vendor). 3. It must articulate what the company has learned through the incident and how it is improving its processes and procedures to ensure that the mishap is not repeated.)

Reference no: EM132284098

Questions Cloud

Aggregate planning-describe sales and operations planning : Aggregate Planning Describe sales and operations planning in terms of its purpose, components, and frequency and how they support the business strategy.
Curb discrimination against minorities : What should law enforcement agencies do to curb discrimination against minorities? What can the public do?
What is the customer benefit package for barnes and noble : What is the customer benefit package for Barnes and Noble? Including the primary, peripheral, and variant goods and services.
Some ways in which sales managers can empower : What are some ways in which sales managers can empower their salespeople? Explain.
Describe specifically hypothetical scenario : Describe specifically a hypothetical scenario in which your company has lost the trust of a customer because of mishandling sensitive customer information.
Marketing specialist summarized different rfm group hit-rate : Using the 62,500 subjects in the pool, E-World marketing specialist summarized different RFM groups’ hit-rate
Unreasonable governmental intrusion on the right to privacy : The _____ to the U.S. Constitution protects individuals from arbitrary and unreasonable governmental intrusion on the right to privacy.
Discuss the five technology megatrends : Discuss the 5 technology “megatrends" that are influencing individual, organizations and society.
Reduce the bullwhip effect is for supply chain members : One way to reduce the bullwhip effect is for supply chain members to:

Reviews

Write a Review

Operation Management Questions & Answers

  Is there an app for good parenting

Is There an App for Good Parenting? Do the risks of “screen time” for small children outweigh the potential benefits? That is what this case considers.

  Flextime gives the employee the latitude

In the context of total quality management (TQM), which of the following statements is true of Six Sigma? Flextime gives the employee the latitude to.

  What about dove tailing

What about "Dove Tailing?" Dove tailing is when someone uses an old assignment for one course and then later re-submits it as a new assignment in another course.

  Life competing organizations in the other quadrants

Place your business in the quadrant where it should reside and identify real-life competing organizations in the other quadrants.

  Worked harder to obtain or result of receiving large raise

Herzberg concluded that pay was not a motivator. If you were paid to get better grades, would you be motivated to study harder? In your work experience, have you worked harder to obtain or as a result of receiving a large raise? Do you agree/disagree..

  Makes two different kinds of hand-crafted windows

Consider a window company with only three employees which makes two different kinds of hand-crafted windows: a wood-framed and an aluminum-framed window. Suppose that one day, Employee 1 offers to work overtime to produce up to 9 wood frames instead ..

  Identify the type of labor and capital-control and planning

Classify the following examples as continuous, line, batch, or project flow processes. Identify the type of Labor (skills, task type, pay), Capital (Investment, Inventory, Equipment), Control and Planning (Production and Inventory Control) requiremen..

  Expression-if it is your perception it is your reality

You may have heard the expression: “If it is your perception, it is your reality.” Please discuss this issue, and comment on how easy/difficult it may be to change one's perception. Share a related personal experience.

  Branding strategies

Branding Strategies How do customer relationships fit into a vision for a given product and the overall organization?

  You do not need to worry as much about addressing bad habits

According to Peter Drucker, if you know your strengths, you don’t need to worry as much about addressing bad habits.

  Bill desires rate of return on this investment

Bill Martin made an investment several years ago, and he now has an option as to how it will take the return on that investment. Option 1 is to receive an immediate cash payment of $100,000. Option 2 is to receive a payment of $10,000 per year for th..

  Describe the difference between efficiency and effectiveness

Describe the difference between efficiency and effectiveness and identify real organizations you think are, or are not, efficient and/or effective.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd