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Q. 1. A number of standard-setting organizations offer memberships to business companies. You are working for Grace Henry, chief information officer (CIO) of Flex-Electric, a mid-sized industry that manufactures components for electronic medical and Laboratory instruments. Grace asks you to investigate the benefits of joining an industry standard-setting organization, Rosetta Net. In approximately 300 words, prepare a memo to Grace in whom you outline the purposes of the organization and the costs and benefits of becoming a member. Close your memo with a recommendation regarding whether your industry should join the organization.
Quantity tends to develop a surrogate for quality. Calculability is clearly linked to irrationality since amongst other things the emphasis on quantity tends to affect quality adversely.
Based on the info that you have learned in your reading write a 150-word paper that answers the subsequent questions about the situation described above-
In what ways might the HR professional respond and, which of these would you recommend
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Suppose the corporation could pay C dollars per year to get rid of the variability in its lead-time per order. Illustrate what is the most it would be willing to pay to do this (and still have a 95% service level)?
Analyze the ways in which the U.S. government regulates product safety as well as make at least one recommendation for how the regulatory approach of one agencies discussed
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