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One of your goals throughout the New Shoes simulation is to remain competitive so that your company can be successful in the long term. How would you define competitive advantage? Why is it important in the athletic industry to differentiate your business from the competition from a marketing standpoint ? Share 3-5 ways that you will ensure that consumers see you as a different from your competitors. Provide an example of a firm that has clearly succeeded in standing out from its competitors. How does this firm’s business strategy help it to be unique in some way?
For what value of ordering cost would its action be optimal? - If the true ordering cost turns out to be much greater than your answer to (a), what is the impact on the firm's ordering policy?
Blackburn, Inc., an equipment manufacturer in Nashville, has submitted a sample cut-off valve to improve your manufacturing process. Your process engineering department has conducted experiments and found that the valve has a mean of 8.00 and a stand..
give your opinions on what you think the difference is between law and ethics. do not research this. this is your
Describe each of the five demand components in a time-series of past demand data - Suggest a suitable forecasting method that Benetton could utilize while predicting demand for the upcoming year.
What are the goals of employee selection? Compare and contrast two selection methods and how these selection methods impact the achievement of organizational objectives? Management has decided that you really don't need to do a risk management proces..
Describe a decision-making scenario using your business experience, personal decision making or cited journal article; include an example of the decision-making process, describe the risk, and whether persuasion was used. What were the social heur..
Garden Variety Flower Shop uses 750 clay pots a month. The pots are purchased at $2 each. Annual carrying cost per pot are estimated to be 30 percent of the cost and ordering costs are $20 per order
Do you think it is feasible to boil down human behavior to a set of numbers? What are the potential advantages and disadvantage of doing so? Explain.
This situation is personal. Goals and objectives are one of the best motivators as they not only contain what it is that you need to accomplish but they also provide some of the parameters that must occur in the fulfilling the goal. Once the goal is ..
Multiple models are often used in supporting business decision making. Outline a situation in your organization or industry that required the need for multiple
Every month thereafter, this person makes a cash contribution of $676 to the account, what annual rate of interest is being earned on this fund?
There is increasing deregulation within national economies, freeing companies to compete more intensively domestically.
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