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Because of a new product line, your company's sales over the last few months have increased significantly. As a result, the amount of cash held by the company has increased to levels never experienced before. An evaluation by the company's financial staff concludes that the company is holding too much cash. This situation is reported to the stockholders. How do you think the stockholders would react to this information? What options do you have to deal with the concerns of the stockholders without creating any additional risk?
Just–in–time (JIT) inventory systems were first developed by the Japanese and quickly adopted around the globe by many large firms. One of the first to adopt the system in the United States was the automobile industry.
In your opinion, is the JIT system a system that can and should be adopted by small, individually owned firms? Why or why not?
Would the smaller firms have any advantage in terms of their ability to use such a system? Why or why not?
What would be the benefits of employing such a system in the economy?
Explain the different classes (or types/categories) of models. Which Management instruments are direct and objectives? Why?
However, Billy's must transport the unsold bagels to the kitchen at a cost of 15 cents each. How many bagels should Billy's bake at the start of each day to balance shortage and excess costs?
Business knowledge competencies are particularly important for which human resource role? Answer A) management developer B) employee advocate C) strategic partner D) functional expert
Describe the ways in which database technologies could be used by an office
The Rights/Responsibilities Lens followers using empathy: Which of these is not a question for determining right action? Which of these is not in the list of commonly accepted duties compiled by ethicist W. D. Ross? Kant’s ethical decision maker is a..
Production control must answer the question of.. “What to order and how much.” Discuss the cost implications of one firm holding too much inventory another firm holding too little inventory and a third firm holding/acquiring the wrong inventory
A company will be able to obtain a quantity discount on component parts for its three products, X1, X2 and X3 if it produces beyond certain limits.
Explain a health and safety plan (to prevent responder injury or illness) that includes at least three provisions to ensure personnel safety.
What is the document that is developed from the project scope statement, the project work breakdown structure (WBS), and the WBS dictionary?
What are mystery shoppers and how can such feedback processes provide useful date? What should managers avoid when employing the feedback technique?
In your organization (or one you have been a part of in the past), what efforts have been made to eliminate ineffective communication, while also implementing efforts to achieve effective interaction? Be specific in your response with both positive a..
If you owned a small business, would you develop a code of business conduct? If yes, what variables would you include? If not, how would you ensure that your employees were following ethical business standards?
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