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PERFORMANCE AND PROFITABILITY EVALUATION
In 2012, Benjamin took over his father's network of 15 forklift dealerships. Benjamin has just received his MBA, and he was eager to show his dad that he knew how to manage the business. Benjamin began with a weekend "strategy retreat" where he brought the various department heads together at a resort. Benjamin thought the meeting went well, and they emerged with a coherent long-range strategic plan to guide the company through the next five years. However, when Benjamin returned to work the following Monday, he discovered that he had a more immediate problem. The rental division, headed by a former salesman, needed a cash infusion to keep operating. This was puzzling to Benjamin because the accounting statements indicated the division was generating profit even though it was clear that the division was running out of cash. After a few hours of going over the books, Benjamin discovered that the rental division was selling its forklifts after five years and then buying new forklifts. Purchasing the new machines was eating up cash, but it did give the company a significant advantage over their rivals: their rental fleet was much newer (three years) than their rival's (seven years).
Questions:
1. What is the problem and how would you fix it?
2. Who is making the bad decision?
3. Does the decision maker have enough information to make a good decision?
4. Does the decision maker have the incentive to make a good decision?
Supposing that some forms of subliminal persuasion might have the desired effect of influencing consumers, do you think the employ of these techniques is ethical? Discuss your answer.
Also, Mary demanded that Rebecca return the money paid under the contract. Rebecca refused the tender and declined to repay any portion of the money paid to her by Mary. Can Mary cancel the contract and recover the amount paid to Rebecca? Explai
Answer the following questions regarding these three agreements: The Free Trade agreement, Trans- Pacific partnership, and European Free Trade Association Agreement
Are standards clear and how are they communicated? What changes would you recommend? What does support look like/mean in your organization?
Prepare a clear, crisp problem statement that incorporates the four elements described in the chapter: identity, location, timing, and magnitude.List and briefly evaluate at least 3 options for solving the problem.
Find an article about a company or industry that is experiencing changes or shifts in their Macroenvironment.
Identify one Balancing Loop and one Reinforcing Loop. These feedback loops should be critical to Whole FoodsMarket's performance and success. You should have a good idea of what these arefrom your previous analysis.
Select 3 to 4 digital platforms and explore these platforms in relation to events, meetings, and convention planning. Write a 350-word summary of these platforms that you explored describing the advantages and disadvantages that you see with each.
Analyze how these two areas could impact the company. Perform an analysis or SWOT on potential impact of inventions or innovations.
The dealer is considering the possibility of allowing some back-orders to occur for the product. He has estimated that the annual cost of back-ordering the product will be Rs.10.00 per unit.
Use what you have learned through reading and discussion to create a script! Before you begin your script:
What are the main reasons to invest in international markets?
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