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You and three of your friends have started a closely held corporation (this means that the stock is NOT publically traded, and never will be). The corporation after its first year in business after paying all of its bills has made a profit of 100,000.
You and your friends are the four shareholders, all of you are also on the board of directors and each of you is an officer in the corporation – you are the CEO.
The board is meeting to decide whether or not to declare a dividend to the shareholders. What is the rule the board must follow to make this decision? What factors (specific facts, not some generic statements) must you look at to decide whether or not to declare a dividend and how much that dividend amount might be? Explain fully.
The board is also meeting to decide whether or not to give you a raise. May you participate in that decision? Why or why not? Explain.
What specific factors (again no generic statements) must the board look at to decide whether to give you a raise – some of the same factors used in (a) will apply, but there are some additional factors to look at and consider.
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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