MCM 723 Metrics and Analytics December 2‚ 2012 Think 4 A. Describe cost-based pricing and value-based pricing‚ noting the differences in approach and results. Give examples of products or services priced each way‚ and justify your reasoning. How could cost-based pricing lead to a price lower than customers would have paid and how does this impact the profit of a business? The Cost- based pricing concept is regulating the cost of production or fulfillment as the basis for pricing goods and
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. Performance Metrics: purpose What are the ways you can measure how successful your Six Sigma project has been in improving quality or decreasing the number of defects? Before we go into the metrics and definitions‚ let’s say what “defects” and “defective” mean. Something has a defect if the result or outcome of a process is not what is expected. Something went wrong. The product may still be usable: a car with chipped paint can still be driven. So some engineers use “defective” to mean a product
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Recruiting in Labor Markets AHMAD AZMY‚ S.E‚ M.M TANRI ABENG UNIVERSITY OBJECTIVES ■ ■ ■ ■ ■ ■ Identify different ways that labor markets can be identified and approached. Discuss the advantages and disadvantages of internal and external recruiting. Specify three internal sources for recruiting and issues associated with their use. List and briefly discuss five external recruiting sources. Explain why Internet recruiting has grown and how employers are conducting it. Discuss
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senior level positions will streamline our processes and align them to the organization’s business strategy. My proposal includes: Three recruitment methods. Three selection methods. A cost/benefit analysis and comparison of the approaches. Metrics to evaluate the effectiveness of the ongoing recruitment and selection. Recommendations. As part of our recruitment and selection strategy‚ it is very important to assess the candidate’s true interest in our organization and their position within
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In society today‚ the process of recruiting new employees has changed enormously. Some of the recruiting process offers many advantages as well as disadvantages to both the business and its prospective employee. One internal and three external ways that I could recruit for the job in my final assignment is through the internet‚ private employment‚ newspaper advertisement‚ and employee job board(hiring within company). The internet recruiting methods are the most common method used today
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chains: identifying innovations through the case of the VCR. IGI Publishing. HINES T‚ 2004. Supply chain strategies - customer-driven and customer-focused. Elsevier Butterworth-Heinemann. HOFMAN D‚ 2004. The hierarchy of supply chain metrics. SCMR (September Issue). HOPP WJ‚ 2003. Supply chain science. Wallace J Hopp ©. HUGOS M‚ 2003. Essentials of supply chain management. John Wiley & Sons. IRELAND RK with CRUM C‚ 2005. Supply chain collaboration - how to implement
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Chapter 7—Recruiting in Labor Markets MULTIPLE CHOICE 1. The limitations the U.S. government places on available visas for high-skilled foreign workers a. protect U.S. high-skilled workers from the outsourcing of their jobs overseas. b.- make U.S. firms less competitive world-wide. c. have resulted in fewer terrorist threats in the U.S. d. have resulted in lower salaries for high-skilled U.S. workers. ANS: B PTS: 1 DIF: Moderate REF: p. 193 OBJ: 1 NAT: AACSB Reflective Thinking LOC: Environmental
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CASE: WHICH IS MORE IMPORTANT – RECRUITING OR RETAINING? G.K Electronics Ltd.‚ is a pioneering and internationally reputed firm in the Electronics industry. It is one of the largest firms in the country. It attracted employees from internationally reputed institutes and industries by offering high salaries‚ perks etc. It has advertised for the position of an Electronics Engineer recently. Nearly 150 candidates working in various electronics firms applied for the job. Mr. Sashidhar‚ an Electronics
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A business metric is also known as a financial ratio or performance indicator. Financial ratios lift the veil on a firm’s operating prowess‚ telling investors how the company navigates the doldrums of a bad company. There are four common types of performance indicators in modern-day financial analysis: Liquidity‚ Efficiency‚ Profitability‚ and Safety. Liquidity Ratios Working Capital Formula: Total Current Assets – Total Current Liabilities The working capital metric is a measure of both a
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composite metric to calculate the preferred path to a network? Are all of these used by default? Which ones are and aren’t used by default? 2. What is the “tos” value in EIGRP and why is it always set to “0”? 3. Explain what “K” values are in EIGRP: 4. When and why should you modify the bandwidth value in EIGRP? 5. Describe the Delay metric in EIGRP. What is the delay metric actually describing? 6. Describe the Reliability Metric used by EIGRP:
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