Board of directors of local publicly traded firm

Assignment Help Operation Management
Reference no: EM132182933

You are invited to attend a meeting of the Board of Directors of a local publicly traded firm. The board is discussing the goal of management and Jim claims that management’s goal should be to minimize costs. Sue disagrees and asserts that management’s goal should be to maximize revenue. Because the board realizes that you are an MBA student, they ask for your opinion. Briefly explain what the primary goal of management should be. Also, briefly explain why you agree or disagree with Jim and Sue.

Reference no: EM132182933

Questions Cloud

Use to understand the financial health of their organization : Provided relevant financial data that business leaders would use to understand the financial health of their organization.
Project successfully remain challenging for organization : What is the current state of IT project management ? And how does managing IT project successfully remain challenging for most organization ?
Essential elements of organizational effectiveness : Which one of the following systems context models uses a contemporary triad and illustrates essential elements of organizational effectiveness?
When the agency relationship has been terminated : When the agency relationship has been terminated, the licensee is no longer considered the principal’s agent and does not owe any further duties to principal
Board of directors of local publicly traded firm : You are invited to attend a meeting of the Board of Directors of a local publicly traded firm.
Why is the improvement of clinical information systems : Why is the improvement of clinical information systems a high priority for most healthcare organizations?
What is your definition of ethical public speaking : Identify your biggest fear about public speaking. What is your definition of “ethical public speaking”?
Who has entered into listing agreement with seller : What is the term given to the person who has entered into a listing agreement with a seller?
How cultural contact between various civilizations : Investigate and discuss how cultural contact between various civilizations in the past can serve as a guideline for cultural interaction in the present.

Reviews

Write a Review

Operation Management Questions & Answers

  Internet advertising expected to change in the future

How has usage of internet advertising changed over the years? In light of this trend, how is spending on internet advertising expected to change in the future?

  Discuss the pros and cons of clinical integration

Discuss the pros and cons of clinical integration between physicians, allied health, nurses, and administrators with hospitals and other types of healthcare facilities.

  Effective e-commerce site

What retailer(s) do you think has a very effective e-commerce site?

  Just in time production or lean production of your choice

Perform a search either on YouTube or Ted Talks specific to, “Just In Time” production or, “Lean” production of your choice.

  Which macroenvironmental factors

Which macroenvironmental factors did Tata Motors' consider when adjusting the marketing and manufacturing strategies to achieve success with the more recent Twist and LX models?

  Social loafing can be a very detrimental practice to the

social loafing can be a very detrimental practice to the effectiveness of an organization. explain what is meant by

  What was the purpose and type of meeting held

Provide details on the arrangements made for the meeting. If these arrangements were sufficient or not?

  Discuss how the four functions of management

Approach and discuss how the four functions of management (planning, organizing, leading and controlling) can be leveraged within in their suggested approach."

  Explain how have changes in technology affected

Explain how have changes in technology affected our access to recorded music also the control exercised by traditional distributors. Explain how will all these changes affect cultural trends also our expectations of music as an art form? Offer sp..

  Describe abc inventory classification

This type of inventory control is used throughout materials and distribution management; which is also referred to as selective inventory control.

  The relationship of operations to the other functional areas

Evaluate the relationship of operations to the other five functional areas. Address the following issues in your response.

  Develop and maintain customer relationships

List and explain two ways to develop and maintain customer relationships

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