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If you choose to do “Self-Employment” as one of your five explorations, answer the following questions. Imagine that you would like to become self-employed. Be sure to number your answers to the following questions: 1) What type of business would you like to own? 2) How would you create this business (create the business yourself, purchase an existing business, or become a franchisee)? 3) Depending upon your answer to question 2 - how would you get started? List 3 or more steps that you would need to take. 4) How much time would you expect that you would need to devote to your business each week (in the first year or two)? 5) What specific business skills will you need in order to succeed? 6) What KSA's and personal traits will it take to succeed? 7) How much money do you expect it will take to start the business (a rough estimate is fine - but consider the costs of rent, products/materials, employees, insurance, utilities, and the amount you expect to draw in salary so that you can continue to pay your expenses while starting your business). 8) Do you feel that owning your own business is a good fit for you? Why or why not?
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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