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When organizations' research and development (R&D) departments begin to strategize, they must consider numerous aspects to the process. For instance, Coulter (2013) details that functional strategies may be innovative or imitative. She identifies first-mover and cross-functional teams, and their advantages and disadvantages. Moreover, competitive strategies can be traditional or adaptive and approached as a prospector or defender. For this week's teamwork, you must make this and similar decisions to develop your own competitive and functional strategies. As a team, please complete the following:
Research two companies, one that had an effective strategic plan and one that did not.
Prepare an analysis that contrasts the two organizations, explaining how the effective strategic plan was beneficial.
Review the following learning objective from the text: Describe four qualitative forecasting techniques. Then, explain why you agree or disagree with the following statement:Knowledge about what customers are likely to do is much more valuable than i..
Lous Bakery has established that JIT should be used for chocolate chips due to the high probability of the kitchen heat melting the chips. The average demand is 130 cups of chocolate chips per week. The average setup and processing time is day. Each ..
Determine the approximate length of a production run in days. About how many runs per year would there be?
In what ways does the management of capacity and demand decision affect corporate performance? Use examples to discuss your argument.
From some organization(s) where you have worked (or someone else has worked), write 2 scenarios from the strategic perspective as follows: (1) Explain the BEST strategic planning and implementation/execution you have observed. Discuss fully. (2) Expl..
Identify any considerations you will need to employ to build and maintain the brand and customer loyalty.
Can you explain/describe one performance appraisal method and explain an error that can occur in the performance appraisal process and one way to effectively deal with such an error.
You would like to construct an aggregate production plan for product X341 for the next four quarters. Suppose that you want to use a chase strategy that increases and decreases production level to meet the quarter demand.
In a time study of a manufacturing operation, the average time to complete a product was 36.5 minutes, the performance rating was 1.20, and the allowances were 60 minutes per eight-hour shift. Compute a labor standard for the operation. How many prod..
Install a computer system to do the information processing. This will speed up each ceremony by 40 %. The city already owns the hardware; it will cost $100 per day to operate the system.
Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec..
What are some key differences between trial courts and appellate courts? What are the three types of Alternative Dispute Resolution? Why might businesses want to use these instead of the court system?
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