Strategic Business Objectives Operational Excellence New products‚ services and business models Customer and Supplier Intimacy Improved Decision Making Competitive Advantage Survival Value Chain Model Primary Activities Inbound Logistics (warehousing systems) Operations (machining systems) Sales and Marketing (electronic ordering) Service (equipment maintenance) Outbound Logistics (automated shipment scheduling) Support Activities Admin/Management (messaging/scheduling) Infrastructure
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Management Notes Defining the Manager’s Terrain : Managers are responsible for (A) PLANNING‚ (B) ORGANIZING‚ (C) LEADING & (D) CONTROLLING. (Efficiency vs. Effectively) Questions arise: What is a manager’s role? His/her constrains? What about the global environment…affects duty? How can a manager be ethically and socially responsible? Managers are everywhere - in all business settings – ages between 18 and 80-years-old. Eg. Brain Scudmore [Canadian company 1-800-JUNK] copied the Fed Ex model
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efficiency and achieving strategic business goals 25% of indicative time The focus of this topic is the strategies for effective operations management in large businesses. Outcomes The student: H1 critically analyses the role of business in Australia and globally H2 evaluates management strategies in response to changes in internal and external influences H3 discusses the social and ethical responsibilities of management H4 analyses business functions and processes in large and
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Summary: The dishonest behavior that the employees of the plating department are engaged in has no negative effects on the desired output of the department. As a result‚ the Slade management should not be consumed with addressing this issue and consider it a low priority. However‚ Ralph Porter must consider why employees are forced to fulfill their basic needs outside procedure and address the flaws of a department policy that rewards attendance and discourages productivity. Sarto Group/Team Norms:
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calculates how much NP is made (for every $1 of sales) after expenses have been paid. For example A result of 25% means that for every $1 of sales revenue‚ $0.25 has been made in NP. In order to analyse: The NP margin reflects the expenses of a business. A low or declining NP margin (especially when the GP is relatively high) suggests excessive costs. A high NP margin suggests low costs/expenses and sound financial management. A low or declining NP margin suggests that expenses should be examined
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5 the products are in A.P find the numbers. 6. Three numbers whose sum is 18 are in A.P if 2‚ 4‚7‚11 are added to then respectively the resulting numbers are in G.P determine the numbers. Solve the equations. 7. 8. 3X2-35X+100=0 for example 9. 16X2-24X=1 10. (X+)2-2(X-+4)-11=0 11. X2+2=12-2x 12. A fathers age is four times that of his son before 8 years the fathers age was sixteen times that of the son. Find father’s age. 13. A positive number is such that two third of it’s square equal
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Why has the iPod been so successful as a product? In 2001‚ the apple company released the iPod as a portable audio player with a simple design. Firstly it wasn’t a big boom in the market until a year and a half later it successfully becomes the dominant portable audio player among other products from competitors. The reason that the iPod has become so successful because of design and the reputation of the apple as a luxury brand. It’s affordable price which anyone can effort to buy. However
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Art Credit Design 84 Harvard Business Review 1237 Brown.indd 84 | June 2008 | hbr.org 5/1/08 8:45:11 PM Thinking like a designer can transform the way you develop products‚ services‚ processes – and even strategy. Thinking by Tim Brown Photos courtesy of IDEO T HOMAS EDISON created the electric lightbulb and then wrapped an entire industry around it. The lightbulb is most often thought of as his signature invention‚ but Edison understood that the bulb was little more than a parlor trick
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teams and technology to best advantage. Team structures use cross-functional teams and task forces to improve lateral relations and problem solving at all levels. Network structures use contracted services and strategic alliances to support a core business or organizational center. Boundaryless organizations combine team and network structures with the advantages of technology to accomplish
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MUSB 2301 Intro to the Music Business Study Guide for exam no. 3 Chapter 7: Music Licensing Compulsory Mechanical Licenses Why compulsory 4 requirements for compulsory licenses The song is a non-dramatic musical work It has been previously recorded The recording has been publicly distributed in phonorecords Your use of the recording is in phono-records only When to notify author regarding a compulsory license Notify copyright holder within 30 days after making the recording
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