Prevent disastrous transfer of power in the business

Assignment Help Operation Management
Reference no: EM132234348

1. What should a small family owned business do to prevent a disastrous transfer of power in the business?

a. Name the successor based on who has the most potential for getting sales for the business

b. Plan early for this transfer and groom a successor

c. Hire a management team to form a committee and have the replacement determined by a list of criteria

d. Simply allow the oldest member of the family in the business to be awarded the business

2. What is the illegal “bait and switch” tactic discussed in this module?

a. Advertising a national brand as being available within a store; when the consumer comes into that store to purchase that product, the store offers its private label brand with extremely similar packaging, making it difficult for consumers to identify which brand was being advertised

b. Advertising a really low-priced product; once a consumer comes into the store to purchase it, the store’s employees make no attempt to sell it but instead try to sell that consumer higher-priced products

c. When a consumer goes on a blind date set up by a "friend," thinking he or she will be meeting someone wonderful, when in fact the date turns out to be a horrible person

d. Where a business involved in a scandal in which consumers have been injured changes its brand name(s) in order to avoid being prosecuted by such consumers

3. Think about the role of direct salespeople as channel members. How is the job of a B2C salesperson different than that of a B2B salesperson? Discuss some issues such as:

a) The necessary job skills and training

b) The sales organization (the structure, supervision, reporting)

c) The nature of the sale (time required, people involved)

d) The sales process (tasks involved in making the sale)

e) The nature of the compensation and the job requirements/responsibilities

4. A company produces product A and product B. Each product must go through two processes. In the following “A” is used to represent the number of units of A to produce and “B” is used to represent the number units of B to produce. Each A produced requires four hours in process 1 and five hours in process 2. Each B produced requires five hours in process 1 and four hours in process 2. There are 80 hours of capacity available each week for process 1 and 100 hours available for process 2. Each A produced generates $9.00 in profit for the company. Each B produced generates $6.00 in profit for the company. The constraint for Process 1 is represented by ________.

a 4A + 5B <= 80

b 5A + 4B <= 80

c 4A + 5B >= 80

d 5A + 4B <= 80

Reference no: EM132234348

Vocational rehabilitation act-polygraph protection act

Women, minorities, persons with disabilities, older Americans, people with family medical emergencies, Civil Rights Acts, Equal Pay, Vocational Rehabilitation Act, Polygraph P

Highly formalized organizations often have-marketing audit

Which of the following is true of the rate-of-trial method of measuring the success of a new product? Highly formalized organizations often have: Which of the following is tru

Many motivational theories focus on the motivational

Many motivational theories focus on the motivational quality of human needs. What do humans need? How do these needs motivate? How are these needs addressed in an organizati

How could demarketing influence company perception

How could demarketing influence company perception and/or image? Is demarketing the right way to manage unprofitable customers? When do companies face demarketing situations?

What will the last unit cost to build

A. What will the last unit cost to build? B. How long will it take to build the 20 missile guidance controls? C. What will the cost of the contract be for first 10 controls?

Treatment of relation between nominal-real interest rates

Frank and Sarah and Irving Irving Fisher is the real hero of the Frank and Sarah problem. His treatment of the relation between nominal and real interest rates and inflation s

Evaluate the pros and cons for formal disciplinary process

You are the vice president of Human Resources at Community State University. The president of the university has just informed you that the Maintenance Department is experienc

Economies in decline and organizations downsizing

Entrepreneurship has become the new way of doing business in our world. with economies in decline and organizations downsizing and he lack of opportunities that satisfy, entre


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd