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As a small-business owner, you are faced with rising costs, particularly employment costs, insurance, et cetera. So, you decide to hire some friends and pay them as they work, rather than go through the expense and procedure of bringing in “actual” employees. Your friends wear the business uniform, deal with vendors and customers, and tell friends and family that they work for the business. One friend / employee orders way too much from a vendor. The vendor has dealt with the person numerous times; in fact, the person has been ordering from the vendor for months. ?Since the person who ordered was not an ”employee,” but a friend you hired, are you liable to pay for the improper order? ?Discuss the implications of agency that apply in this situation, and describe at least one (1) way the company may be able to cancel or return the order in question.
Examine the strategic planning process and choose the part that you feel is the most difficult to understand. Explain why.
How many cakes with Devilicious frosting should Betty prepare daily in the morning if her objective is to maximize expected profit? What is the associated expected profit and what is the associated expected profit?
California Consumers Co. purchased from S.L.Coker an ice distributing business in the city of Santa Monica. In the purchase agreement, Coker agreed that he would not engage in the business of selling or distributing ice either directly or indirectly ..
Which major U.S. racial group has the LOWEST dropout rate in higher education?
Analyze the components of designing and planning a benefits program to predict what additional issues will need to come into consideration over the next 10 to 20 years. Provide your rationale.
Predict VectorCal’s indirect costs based on the direct costs (e.g. direct labor, direct materials or both). Next, from the e-Activity provide two examples of companies with the same indirect costs that you predicted for VectorCal. Speculate on what t..
How could an industrial engineer help improve a firm’s aggregate planning? Discuss your answer in up to three pages. Any research must be properly cited.
Discuss customer service level for an inventory system within the context of quality management.
A shop that makes candles offers a scented candle, which has a monthly demand of 360 boxes. Candles can be produced at a rate of 36 boxes per day. The shop operates 20 days a month. What is the annual demand? What should be the optimum quantity of sc..
Given the following data for a particular inventory item: Usage 500 units/week Ordering $40 per order Carrying Cost $.01 per unit per week Lead Time 3 weeks Price $.50 per unit
Explain how an organization can compete without violating the antitrust laws. Can running a competitor out of business in one situation be an antitrust violation, and not be in another situation? Explain.
Explains the overall process that OIM will use to manage the project so that Sally has a clear understanding of how this will fit with the strategy and needs of the business.
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