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Problem
We looked at several companies and how they manage inventory. There were successes, and there were failures. What we have done is a brief form of benchmarking, the process of looking at a variety of companies and seeing what we can learn from each. More important that the actual processes are the underlying ideas that are driving the processes. What ideas do you see in these companies that you think really drive their inventory management success? Do you know of other companies (those that you work for, those that you interact with) that also have good ideas?
Thinking of the rational decision-making process and keeping in mind the influence of cognitive bias,
Lashonda is a non-traditional, female student. She is back in school after ten years. She is undecided about her career direction, and is unfamiliar with career resources available to her. Where would you recommend Lashonda begin? What resources woul..
What is parallel or concurrent new product development all about. Discuss the merits and demerits.
How might the process of strategy formulation, implementation, and evaluation differ for (a) large businesses, (b) small businesses, (c) not-for-profit organizations, and (d) global businesses?
Jamey buys a car from Motorsports Corporation, but he obtains a loan for the purchase price through Neighbors Corner Company (NCC).
Based on information for the current years, is Kansas City the best location for a warehouse? If not, what are the coordinates for a better location>? What cost improvement can be expected from the new location?
detail the continuing hardships for many groups in America, Cultural life during the Depression,
Apply strategies for Designing and Producing Products and Services.
Based upon your readings and our discussion of business ethics, what in your opinion is the most important thing a company can do to ensure employees act in an ethical manner? Why?
Educational researcher Slim Bouaziz found that school principals’ “charisma” boosted the test scores of the students in their schools. Bouaziz had reasoned that, just as the personality of CEOs can affect the performance of their companies, the pers..
One hundred years ago, a high plains area near the continental divide in Colorado was used as a working ranch. The views were majestic, although the winters could be harsh. As a result of the boom in skiing, snowmobiling, and other winter sports, the..
The members of the risk workshop need a common understanding of the concepts of probability and impact to determine their levels as they assess the risks.
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