User Account

All Pages

Relationship of value and cost according to the porter model

Assignment Help Management Information Sys
Reference no: EM13850892

1. Explain the relationship of value and cost according to the Porter model. When does it make sense to add cost to a business process?

2. Suppose you are told that the business process in Figure has a negative margin. Explain what that means. Suppose the margin of some business process is a negative $1 million. If costs are reduced by $1.2 million, will the margin necessarily be positive? Explain why or why not.

3. Consider the alternative of replacing the rental personnel from the business process in Figure below

1703_image1.png

a. Describe changes that will need to be made to the process documented in Figure above.

126_image2.png

b. Would eliminating the rental personnel change the competitive strategy of this company?Is it possible to be a high-value company with no rental personnel?Explain why or why not.

c. Would eliminating the rental personnel necessarily reduce costs?What costs would increase as a result of this change?

4. Consider the alternative of increasing the value delivered by existing rental personnel.The text suggests possibly renting more kinds of equipment or selling items ofuse to guests who are renting bicycles, but consider other options as well.

a. Describe five ways that you think theexisting personnel could increase the value of this business process.

b. For the five alternatives you developed in part a, name and describe criteria for selecting among them.

c. Using your criteria in part b, evaluate the alternatives you identified in part a and select the best one.Explain your selection.

d. Redraw for the alternative you selected in part c.

5. CASE STUDY- The Amazon of Innovation

1. Based on the facts presented in this case, what do you think is Amazon.com's competitive strategy? Justify your answer.

2. JeffBezos, CEO of Amazon.com, has stated that the best customer support is none. What does that mean?

3. Suppose you work for Amazon or a company that takes innovation as seriously as Amazon does. What do you suppose is the likely reaction to an employee who says to his or her boss, "But, I don't know how to do that!"?

4. Using your own words and your own experience, what skills and abilities do you think you need to have to thrive at an organization like Amazon?

5. What should UPS and FedEx be doing in response to Amazon.com's interest in drone delivery?

 

 

Reference no: EM13850892

Questions Cloud

The information provided below to prepare closing entries : Use the information provided below to prepare closing entries on 12/31/2014 and then prepare the post-closing trial balances as of
Describe the walking wounded : Describe the walking wounded. Who are they? Please use the text or a peer reviewed artilce to support your post
Inventory items for a merchandising company : Inventory items for a merchandising company have two common characteristics: They are owned by the company and they are in a form ready for sale in the ordinary course of business.
Synthesize and summarize your thoughts about the merger : Synthesize and summarize your thoughts about the merger and expansion (from an HR perspective), including recommendations for aligning the HR function of the two organizations and addressing any of the S.W.O.T. assessment HR related elements as ap..
Relationship of value and cost according to the porter model : Explain the relationship of value and cost according to the Porter model. When does it make sense to add cost to a business process
What is the immediate dilution : What is the immediate dilution
What is the immediate dilution potential for new stock issue : What is the immediate dilution potential for this new stock issue
Describe how you would go about the rebranding project : Describe, in detail (about 1000 words), how you would go about the rebranding project. Ensure that you highlight 5 potential risks.
Data entry screen for a hotel registration system : Design on sample data entry screen for a hotel registration system using the data entry guidelines provided in this chapter (see table 11-6). Support your design with arguments for each of the design choices you made

Reviews

Write a Review

Management Information Sys Questions & Answers

  Percentage change in productivity from 2007 to 2008

Operations and supply management: Change in productivity - What was the percentage change in productivity from 2007 to 2008?

  Capabilities and weaknesses of the candidate

A new client of your security consulting firm is worried about the potential for data leaks that could expose it to financial losses as well as a damaged reputation. A comparison (compare/contrast) of the capabilities and weaknesses of the candidat..

  Analyze the benefits and drawbacks of the common criteria

Analyze the benefits and drawbacks of the Common Criteria (CC) methodology for handling criteria creep

  Computer-based decision support systems

Computer-based decision support systems, Several researchers have argued that computer-mediated communities support cancer patients by

  What is a process improvement

What is a process improvement? Why and when is it necessary? What are some specific tools (IS or management) organizations can use to improve their business processes

  Integrated global system modelthe integrated global system

integrated global system modelthe integrated global system model from the massachusetts institute of technology is

  Explain how are investments analyzed for performance

Your task for this module's project piece is to conduct research to determine what investors want to know about their investments on a daily basis and over time. How are investments analyzed for performance

  Problems created from the use of it

Problems created from the use of IT - use of Information Technoloy and how did the firms solve the problem

  What role would it play in meeting those expectations

Place yourself in the role of a manager at a company undergoing a merger or acquisition. What would be the most important things customers would expect from you while still in that process? What role would IT play in meeting those expectations? Pr..

  Complete a roadmap of the current it projects

Using the case provided, build on Part 1 of your IT Strategic Plan. Develop IT strategies to align to the business strategies, complete a roadmap of the current IT projects, propose a new IT project to support the IT strategies, identify risks ass..

  Discuss the use of technologies in todays business world

Discuss the use of technologies/mediums in today's business and professional world. What are some of the negatives and positives of these technologies/mediums?

  Explain how do you adapt a corporate-wide system

Explain How do you adapt a corporate-wide system, such as ERP, for your department leaders

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd