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Organizations often discuss the concept of diversity, however it many instances, these organizations simply hire a more diverse workforce. Based on this week’s readings and your own professional experience, what is the difference between hiring for diversity and leveraging diversity?
Fun Products, Inc. is in the business of designing computer games. At the end of a particularly successful year, company management decided to throw a celebration party at which it would announce large bonuses for the entire workforce.
Since there is excess capacity, the constraint is in the market. TOC supports the use of the Thinking Processes (TP) to determine how to better meet customer needs in order to increase demand. (Please see the TOC Tips from chapter 2 of this manual..
Why is the idea of a ‘line of fit' such a useful concept in explaining describes how an operations strategy can be implemented successfully.
Howard Weiss, owner of a musical instrument distributorship, thinks that demand for bass drums may be related to the number of television appearances by the popular group Stone Temple Pilots during the previous month.
A jewelry firm buys semiprecious stones to make bracelets and rings. The supplier quotes a price of $8 per stone for quantities of 600 stones or more, $9 per stone for orders of 400 to 599 stones, and $10 per stone for lesser quantities. The jewelry ..
Illustrate what factors determine team performance. Illustrate what leadership roles also processes are important for self-managed teams. Illustrate what can leaders do to improve team cohesiveness also team decision making.
Consider the elements of the code of conduct developed by Caterpillar in Sourcing Snapshot: Caterpillar’s Code of Conduct. What are some specific examples of purchasing behavior that would violate elements of this code of conduct?
If a freight-hauling firm estimates it will need a new forklift in six years. the estimated cost of the vehicle is $40,000. The company sets up a sinking fund that pays 8% compounded semi annually, into which it will make semi annual payments to achi..
Find companies that had a great success but made ethical mistakes to pay a big prize in the end. Who was the key person responsible for this loss
two students decide to open their own copy-service business. the annual fixed cost is $54,000 and the average variable cost for each copy sold is $.08. they expect to sell each copy at $.12 per copy.
Discuss how laws tie into business ethics. Support your ideas with research and specific examples of laws discussed in your text.
Explain the difference between nominal and ordinal data. Explain how nominal and ordinal data relate to a rating scale. List at least 2 quantitative attributes of snack food that the scientists might want to measure.
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