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Reflect on the standardization versus adaptation debate as it relates to marketing fast food and processed food in China. Using the ‘4Ps’ of marketing, discuss how companies should approach the market. Which elements in the marketing mix can be standardized? Which elements must be adapted to suit local preferences?
Visualize yourself as an executive at Target. Develop a policy to empower customer service desk associates to resolve customer problems, including the limits to their empowerment.
Is the optimal solution unique? How can you tell? Which location is receiving the fewest cars? Suppose a particular car at location 1 must be sent to location 3 in order to meet a customer’s request. How much does this increase costs for the company?
What are at least three main benefits of the just-in-time system? Present and explain them. What are at least three main drawbacks/problems of the just-in-time system?
Determine an organization you will analyze and evaluate over the six weeks of this course. The organization can be one in which you work, one in which you have access, or one of such substance that significant internet material is available for your ..
How does the aviation industry, distinguishes between fixed and variable costs. Provide specific examples. In addition, explain whether fixed cost items or variable cost items get any priority in your firm's internal decisions to distribute availa..
A large bakery buys flour in 25-pound bags. The bakery uses an average of 4,800 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order.
Summarize the key issues that managers face with global value chains in comparison with domestic value chains. What must an organization do to address these issues?
When it comes to living life I believe that the best theory that helps answer the standard questions about life is Deontology. It tells us to respect life and reminds us how valuable life really is.
Suppose that the store wants to consider a stockout strategy. They estimate the cost of back ordering to be $3 per unit per year. What is the optimal policy and cost of such a strategy? Show all work and draw a diagram of this policy.
The systematic process of regulating organizational activities to make them consistent with the expectations in plans, targets, and standards of performance refers to organizational control. Managers are increasingly recognizing the need to measure i..
Find out the one-step-ahead forecasts for February through May using Exponential smoothing with a smoothing constant of α = 0.15. Repeat the calculation.
The three-station work cell illustrated in Figure S7.7, has a product that must go through one of the two machines at station 1 (they are parallel) before proceeding to station 2. what is the bottleneck time of the system? what is the bottleneck stat..
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