The Association of Business Executives Certificate IB1209 1.1 IB Introduction to Business afternoon 2 December 2009 1 Time allowed: 3 hours. 2 Answer any FOUR questions. 3 All questions carry 25 marks. Marks for subdivisions of questions are shown in brackets. 4 No books‚ dictionaries‚ notes or any other written materials are allowed in this examination. 5 Calculators‚ including scientific calculators‚ are allowed providing they are not programmable and cannot store or recall information
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store opened‚ its ability to maintain an efficient centralized production system and a strong‚ unique culture will be diminished. Analysis Let us first consider Zara ’s main competitive advantage before analyzing how current and potential future strategies will affect this competitive advantage. Zara currently employs a "design-on-demand" retail model allowing the company to bring the latest fashion trends from conception through production and into the stores in less then 15 days. This advantage is
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This will help to show a clearer picture of the work flow that is present at Shuzworld‚ with allotting equal times in each work station. This will enable the company to find the shortest time to be used in each station for optimal performance and production of all shoes. Decision Analysis has been established to advance theory‚ application‚ and teaching of all aspects of decision-making methods. 1. When it comes to beginning to make decisions for any business‚ almost everyone can feel uncertainty
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price before products are shipped. Hence‚ it possibly saves a large of time for Zara. It effectively regulates with design‚ procurement‚ production and distribution. Secondly‚ it showed on quality. Zara not only supply the good service‚ but also emphasized customers’ demands. It has three groups which have 200 designers‚ market specialists‚ procurements and production planners to certify products’ quality. Thirdly‚ Zara provides good design products to customers‚ however it just cost low price.
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assignment is McDonalds. McDonald’s is the leading global foodservice outlet with more than 33‚500 local restaurants serving approximately 69 million people in 119 countries each day. More than 80% of McDonald’s restaurants worldwide are owned and operated by independent local men and women. http://www.aboutmcdonalds.com/mcd/investors/company_profile.html McDonalds has developed its operation to a very high level of efficiency over years it has been operation. One main reason is that McDonalds keeps innovating
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Mostafa Garments Industries Ltd. Is one of the Leading company in Bangladesh. They Export there products in America‚ EU countries‚ Japan and Chaina Market. They supply there product in both local and overseas markets. It is exiom that large-scale production of readymade Garments (RMG) in organized factories is a relatively new phenomenon in Bangladesh. Until early sixties‚ individual tailors made Garments as per specifications provided by individual customers who supplied the fabrics. The domestic
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objectives of the production reorganization at Acetate ? The main objective of the production reorganization at Acetate Department was to improve production capacity‚ to increase productivity. 2) Why do you think the objectives of the reorganization were not realized‚ even though no employees lost their jobs‚ and salaries were increased ? Even though no employees lost their jobs and salaries were increased‚ we can note that the productivity of the output productions of the company faced
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must be prepared and able to supply fresh supplies at very short notice – short lead time. This often means that a firm will only have one‚ or at most two‚ suppliers for each component‚ so that a relationship of mutual benefit can be built up. 2 Production staff must be multi-skilled and prepared to change jobs at short notice. Each worker must be able to switch to making different items at very short notice so that no excess supplies of any one product are made. For example‚ if a worker in a clothing
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Natural Blends Inc. (Part A) Questions – Part A Assume that the production system was running only one size of oranges. Consider just steps two through four : Extraction Filtration Concentration Extraction Process : -Time Setup = 20min -Capacity = 20‚000lbs/hr Filtration Process : - Operation time = 90min -Filter Change = 30min -Capacity = 20‚000lbs/hr Concentration Process : -Capacity = 18‚000lbs/hr Question 1a : How much orange juice concentrate can be produced in one
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Impact facility layout and/or facility location has in the realm of Operations Management Layout and location have a tremendous impact on operations. The layout should be adjustable to meet changing production needs. Since layout is the physical disposition of the company‚ layouts should allow communication capability within various areas of the business. Example: When considering communication capabilities in the layout‚ ease of communication should allow effective interactions with vendors as
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