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Assume a manager of a subsidiary of your firm in a developing country has asked for advice. As the manager of the subsidiary, a financial company, he has been working at keeping their delinquencies at manageable levels. Recently his collection lawyer requested that he decide on how to proceed against an account with a substantial delinquency, about 20% of the subsidiary’s equity. He has reported that the subsidiary's lawyer (from a law office managing the legal issues related to collections for the subsidiary) has informed him, that if they file a routine request along with the filing fee with the Sheriff’s Office for a writ of seizure (they have done all the preliminary collection procedures, e.g. collection letters, and seizing or foreclosing on the equipment mortgaged by the borrower was the only remaining option), it may take weeks and months before action is taken. Or nothing may come of it. The lawyer added, that If he allows them to give the same request to a Sheriff (in the same Sheriff’s Office) that they know, along with the fee in cash, the seizure could be done in a few days. (The lawyer stated that the Sheriff could very well pocket the cash.) Since the subsidiary was a U.S. company, the lawyer wanted to know how the manager of the subsidiary would allow him to proceed. What would you recommend and why?
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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