Team M Team M Four Star Industries Case Study Case Study Anaysis Four Star Industries Case Study Case Study Anaysis Table of Contents Background Current Situation * Market * Production * Manufacturing * Order Process * Inventory Management Issues * Model Proliferation * Inventory and Demand Mismatch * Poor Order Management Analysis * Safety Stock Analysis * Warehouse Rent Analysis * MOQ v/s EOQ * Production /Assembly Line Analysis Recommendations Conclusion
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Assessment Tool 2 (AT2) - If managers decide that an employee’s performance is so poor as to necessitate dismissal‚ what must they be aware of? Submit your answer for assessment. Disciplinary action and performance management A. Introduction As an employer‚ you will be faced from time to time with the problem of an employee who is not performing to a standard required by you. How can you address this issue with the employee? What steps do you need to undertake before any termination of employment
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awarded with a base year target price of $42 million for the first 1‚500 kits with 2 option years for 750 kits per year‚ which were separately priced. The kits were to be delivered in four lots of 375‚ with a 10% random sampling to field test the kits at a no more than 1% failure rate before acceptance. There were issues that began from the initial delivery that were tested and found to have a failure rate of 2%. The contractor has requested our intervention to assist in understanding the actual
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1. Assess the demand and supply of the capesize dry bulk industry. What do you expect to happen to demand relative to supply over the next four or five years? Please thoroughly explain and justify. What do you expect to happen to prices over both the short-run and the long-run? According to Ocean Carriers‚ supply and demand of capesizes determined daily hire rates. The demand and supply of capesizes was largely determined by the amount of shipping capacity needed in areas around the world.
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1. The Morning Star Company uses self-management which is informal hierarchical structure. This structure defines that individuals can effectively direct their own activities toward the achievement of objectives‚ and includes goal setting‚ decision making‚ focusing‚ planning‚ scheduling‚ task tracking‚ self-evaluation‚ self-intervention‚ self-development and something else. The employees are the bosses of themselves and responsible for their missions. They listen to others and continually improve
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employees want to do more in order for them to gain the reward. 2. The Equity theory best applies because the manager brought himself out of the supervisor role and did exactly what his employees were doing but for a much higher pay. The employees lose respect for him in the long run and almost feel cheated because they are doing the exact same thing for less pay than the manager. 3. The expectancy theory best applies to the end of the case because the manager is taking all of these
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LaToya Fraser January 27‚ 2015 BUSA 4980 Chick-fil-A: Bird of a Different Feather Case #7 Chick-fil-A is known for their famous Chick-fil-A sandwich‚ but also for their private‚ family –controlled ownership structure‚ philosophy on management and biblical principles. Chick-fil-A uses the differentiation strategy to set them apart from other fast-food chains. Chick-fil-A mission was “To glorify God by being faithful steward of all that is entrusted to us and to have a positive attitude influence
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gathering information‚ settings a mission and goals‚ devise strategies‚ implement plan‚ monitor performance‚ and lastly evaluate plan. Those are the planning process to be followed to create a plan for improvements in their online costumer service. 2. If you were hired by Lands’ End to help benchmark its costumer service performance‚ which three companies would you choose and why? - Sears‚ because sears has a planned to expand on the relatively small number of Lands’ End stores by creating a store-within-a-store
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Five Form of Power Unit 7 By: Colette Gillespie Class: Organizational Behavior Teacher: Missy Santman What is your dominant form of power you tend to use most frequently? Referent power is the type of power that I use the most‚ because I usually gain power that is gained as a result of being admired by subordinates in the workplace. I like this type of power better in the workplace‚ because it is developed by trust from your employees. When I was a team leader I used this type of form of
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Was the lunchtime initiative in 1999 during the Kosovo crisis‚ a sign for this vast multinational to serve the challenges of diversity internally and externally? The lunchtime initiative during the Kosovo crisis in 1999 was a great opportunity for Microsoft to change both internally and externally. In 1999‚ Microsoft’s share price dropped after Anti-trust law suits and a reputation of being a company that destroys small businesses with monopolistic policies. At that time Microsoft had a Community
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