How could this affect your company in the future

Assignment Help Operation Management
Reference no: EM132111556

Consider for a moment how many decisions are required to operate a business whether successful or unsuccessful, large or small, private or public.

Assume now that you own your own company. Unfortunately, your company is sinking and has been in the red for the previous nine months.

You are currently considering closing down and attempting to pay off the debt you owe your investors as there is no way to ethically/legally prevent the company's ultimate demise.

You are then approached with a rather unethical opportunity that will quickly bring your company out of the red but if it came to light, would bring your entire company crashing down. However, the chances of it coming out are less than 3%. Please respond to the following ideas:

Would you save the company? Why or why not? How could this affect your company in the future?

Reference no: EM132111556

Questions Cloud

Who is responsible for establishing the performance measures : The President of EEC realizes that the balanced scorecard translates an organization's mission and strategy into operational objectives and performance measures
Analyze the types on contracts that are void : It's time to delve into contract law, at least momentarily. Contracts are integrated into our everyday life whether we realize it or not.
Define potential problem in reporting accounting information : Financial statement fraud is common these days. Phrases like "earnings management," "cookie jar accounting," and "accounting hocus-pocus" have entered.
Does management discuss cost or cost fluctuations : Comment on any specific cost accounting-related information in the MD&A report. For example, management often explains higher or lower than expected performance
How could this affect your company in the future : Consider for a moment how many decisions are required to operate a business whether successful or unsuccessful, large or small, private or public.
Hr help on the job as an employee or manager : How does knowledge on race, color or national origin discrimination in HR help on the job as an employee or manager?
Examine the relationship between risk and reward : Explain why the operational losses cannot be broadly managed. Why do they have to be categorized?
Review problem on ethics : Ethics is about what is right and what is wrong. The pursuit of ethics involves many areas of our lives: religion, philosophy, morals, values and even history.
Describe first two sections of the project plan : Describe first two sections of the project plan for the proposed business information system.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

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 in hospitality enterprise

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..

  Managing operations and information

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..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

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

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

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.

  A make or buy analysis

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

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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