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Earlier in the class, we noted that communication is the glue holding organizations together. We might say that trust is the "oil" of the organization. With it, processes can operate smoothly and efficiently. Without it, processes come to a virtual halt. Share an example from your organization where trust operates or does not operate and the impact that either having or not having trust exerts. Is trust an isolated "incident" in an organization or is it a "systemic" issue? What behaviours develop or elicit trust? What behaviours destroy trust? Can there be too much trust?
(Oscar's Office Building) Oscar is considering getting into the real estate business. He's looking at buying an existing office building for $1.8 million in cash. He wants to estim
What is the aim of focus factories in manufacturing? Focus factories: The aim of this is to decrease the cost of ‘part finished stock’ for example, work-into-progress. P
A bank is attempting to determine where its assets should be invested during the current year. At present, $500,000 is available for investment in bonds, home loans, auto loans, an
What are the main reasons businesses don't conserve natural resources or safe guard the environment?
From the video the fruit guys, determine the Fruit Guys business strategy. Identify three other businesses that could use the five questions the Fruit Guys used to determine effect
Determine the sample standard deviation(s) for the following data: 7, 9, 2, 0, 1, and 5. s = 2.805 s = 3.266 s = 2.927 s = 3.578
Discuss and describe the risk evaluation process in a simplified approach.
Task 1 Read: Chapter 4 of the Core learning material and supporting text chapters on Process Design. Task 2 Investigate: Consider the operations of your own organisation (or ano
1. Briefly describe the guidelines for determining the overall arrangement in Retail Stores. 2. Briefly describe the advantages of Work Cells. 3. Compare/Contrast how the concept o
what are the changing roles of computers in operations management
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