What lead to negative performance, Operation Management

Assignment Help:

Please explain in the detail the answer for the following scenario: You work for a small consulting firm and, like most companies; you are currently facing tight budget constraints given the recent economic downturn. Your department (which you now lead) has recently won a large contract, which after submitting your bid, you have realized will require several more copies of a very expensive suite of software to properly deliver the contract on time. The software costs around $7,500 each license. If you purchase these licenses, you will wipe out your entire estimated profit for this contract based on your bids. This will not be received well by your management, as it is your responsibility to deliver accurate bids. One week into the project, you notice that several co-workers now have this software installed. You uncover that a co-worker identified a way to install the software and not pay for the license fee. The plan is to delete the program immediately following the project in 1 months' time given you will likely not require this software for future projects. Your team views this as an innovative way to save cost, deliver the contract on time, and turn your estimated profit. Without these licenses, you will not turn a profit on this contract, which may lead to negative performance review or even demotion. What do you do? Please explain in detail.


Related Discussions:- What lead to negative performance

What are disadvantages of using multiple sourcing strategies, What are the ...

What are the disadvantages of using multiple sourcing strategies? Disadvantages of using multiple sourcing: a. Not simple to facilitate quality assurance procedures while

Explain what challenges or barriers may happen, You are part of a group of ...

You are part of a group of newly hired team superintendents with Riordan Manufacturing. Your group was hired to lead new teams and begin production of the newly designed CardiCare

Define the upside for michelle foster if ncy succeeds, What is the upside f...

What is the upside for Michelle Foster if NCY succeeds? What are the professional risks she faces?

Economical management of a company, Consider a fast-food restaurant that is...

Consider a fast-food restaurant that is trying to improve its service during the 12:00 - 2:00 lunch period.  Right now the restaurant employs 5 different single-channel queues, but

Explain furniture manufacturer can maximize its revenue, A furniture manufa...

A furniture manufacturer produces tables and chairs. Each table and chair must be made entirely out of oak or entirely out of pine. A total of 150 board feet of oak and 210 board f

Explain the case of the marginalized workers, The Problem: The Case of the ...

The Problem: The Case of the Marginalized Workers You have decided to sub-contract out your grounds maintenance work. You have solicited bids for landscaping, a revamped irrigat

Explain lincoln electric company don''t want to join a union, Why doesn't L...

Why doesn't Lincoln Electric Company want to join a union?

Employee involvement will enhance decision making quality, As OB practition...

As OB practitioners we know that emotions form preferences before we consciously evaluate those choices and this impacts the quality of the decisions made at the company. The presi

Impact of product life cycle on operation strategy, Question 1: Describ...

Question 1: Describe the impact of product or service life cycle on operation strategy - Impact of each Stage (Introduction, development, growth, maturity, decline) - Descri

Explain how is production levelling related to 5s, How is production levell...

How is production levelling related to 5S and Value Stream Mapping?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd