Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
You are a US Citizen employed by Hot Feet a US shoe manufacturer. You are the CFO for its subsidiary in Sri Lanka you have lived there for twenty years. A major part of your satisfactionis derived from the knowledge that your company's presence has greatly benefited the local populace. At a meeting your boss indicates your firms cost of capital has risen making your firm return on investment inadequate to satisfy thier goal of maximizing shareholder wealth and your location is being considered to be closed or relocated to another country due to not meeting acceptable levels of profit. In part due to the Asian Financial crisis particularly in Japan. Your boss tells he would prefer to close the facility and relocate but gives you six months to figure out how to cut costs or improve profits to keep your facility running. This means you will need to reduce the workforce, cut wages and find lower cost supplies without sacrificing quality. You have looked at the numbers and profit targets. You know that politically it will be very difficult to fire or lay off people in Sri Lanka, which means wage cuts of 50% or more will be necessary. This will reduce many families to just enough income to survive. You know that your reputation is on the line with your decision. if you try and cant make this go your career with this company will suffer and you will not only lose your shot at managing the new facility, but will probably lose your job.
Decison 1: Part A: Does this decision involve ethics or is it a business decision? Please explain.
Should the shareholder wealth goal be paramount in this situation? Why or why not?
Part B: The decision is up to you. What do you do?
Either of the following: Continue operations and try to cut costs within six months or Decide to shut down now.
Your fixed cost is $50. What is the optimal output level? What is the optimal output, if your fixed cost is $60?
What role can computerized management systems play in the maintenance and reliability functions? Does Frito Lay manufacturing plant offer any insights that can be duplicated at an automotive plant or at a microprocessor manufacturing unit such as at ..
As a quality manager, what factors would influence your thinking in how to choose between testing each item or using statistical sampling to insure quality products
Most organizations hire contractors in some capacity, either to aid in production work or to provide ancillary services, such as cleaning, maintenance, remodeling, and food service. Discuss how a contractor's operations could adversely affect the ..
A group of psychologists argued that we need to revise Maslow's Hierarchy of Needs to replace "Self-actualization" with "Parenting". They claim that too many people see Maslow's triangle as aspirational, rather than as an explanation of how human mot..
How much space will be left unused AND How many minutes of idle time remaining for setting up the display
Explain why you believe the mission, vision, strategies, and goals of your selected organization contribute to its success. Develop your own vision of where you would like to be career wise in the future.
Banks engage in proprietary trading as part of their operations. Briefly speculate on why they now must adhere to much more stringent trading activity as a result of the 2008-09 financial crises.
Total material costs for the 400 units are $5,000. Weekly overhead is charged at the rate of 1.5 times the labor costs. What is the multifactor productivity for the week?
Select an organizational issue, problem, or topic that you would like to research. Write a narrative about your proposed research. Include the following information
a. Draw the network diagram. b. Find the critical path.
Recycline's slogan for its Preserve brad also serves as vision for the organization: "Nothing wasted. At Recycline, interns have the opportunity to propose and lead one major project.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd