Is this a good practice from an economic perspective

Assignment Help Operation Management
Reference no: EM131643362

1. Gold plating is what we call it when the project team does work on the product to add features that the requirements didn’t call for, and that the stakeholder and customer didn’t ask for and doesn’t need. Is this a good practice from an economic perspective? Why?

2. What is the difference between project managers who considers themselves implementers of others solutions versus project managers who view themselves as the CEO of a small business?

Reference no: EM131643362

Questions Cloud

Calculate the accounting rate of return : Calculate the accounting rate of return on the new piece of equipment. Ignore income tax effects
Differences between strategic plans and marketing plans : How can an organiztoin better align its employees’ perceptions? What are the differences between strategic plans and marketing plans?
Determine how many units the company should produce : Use the information to determine how many units the company should produce to generate highest income from operations using variable costing income statements
Developing an integrated approach to marketing a product : Developing an integrated approach to marketing a product, service, or idea ensures that the 4 Ps are compatible.
Is this a good practice from an economic perspective : the stakeholder and customer didn’t ask for and doesn’t need. Is this a good practice from an economic perspective? Why?
What is inventory turnover and inventory turnover ratio : What is Account Receivable and Account Receivable Turnover of the Company? What is Inventory Turnover and Inventory Turnover Ratio
Strategy successful in buttressing their marketing operation : How was Sephora’s social media strategy successful in buttressing their marketing operations?
Customer shipment is important milestone for any start-up : The timing of the first revenue or customer shipment is an important milestone for any start-up.
Developing a corporate communications tool : PRS304 Individual Assignment Instructions - Identification of the people and resources required to produce this communication tool

Reviews

Write a Review

Operation Management Questions & Answers

  How different ethical perspectives guide ethical decision

Many companies have engaged in sweatshop labor. Did the clothing company engage in unethical labor practices by utilizing sweatshop labor

  Describe the three situational determinants in fiedlers

discuss the three situational determinants in fiedlers leadership theory that allow a leader to determine the

  Discuss the key facts and critical issues in the case

In a narrative format, discuss the key facts and critical issues in the case. Nike: Managing Ethical Missteps-Sweatshops to Leadership in Employment Practices. Using valid peer-reviewed sources on the Internet, update any dated facts in this case wit..

  Make decisions about how tax dollars should be spent

As technology becomes more sophisticated, how can citizens and political leaders judge and understand whether a given technology offers great perils or great promises? When great technological projects, such as venturing farther into the galaxy or de..

  Manufacturers high-end custom leather bags

Larry Ellison starts a company that manufacturers high-end custom leather bags.

  What is the value of cp for this process

A precision parts manufacturer produces bolts for use in military aircraft. The specifications for bolt length are 37.50 ± 0.25 cm. The company has established an X bar chart and an R-chart using samples of size five. The center lines for the X bar c..

  Categories of public based on deweys definition

According to John Dewey what is a public and how can you classify them? Describe the three categories of publics based on Dewey's definition.

  Supply chain effectivers and efficiency

SCM Globe Simulation- What is the one change that you made which had the most favourable impact upon supply chain effectivers and efficiency? Please describe the issue which existed, your action, and the results. This discussion must be supported by ..

  Discuss the significance of informal communication

Describe the functions of communication. Discuss the significance of informal communication and specifically the impact of the "grapevine" on culture, transparency, and sharing of information. Provide your insights on the process of feedback and gett..

  Formulating a growth strategy

Most organizations have or need to formulate a growth strategy. What are the different ways to do so? Provide specific examples of companies that have utilized these different ways.

  The executive director of nonprofit organization

Suppose that you are the executive director of a nonprofit organization, and representatives from each age group (millennials, generation X-ers, and baby boomers possess) are members of your board of directors. Keeping in mind the widely divergent ch..

  What is the first goal of national unions

What is the first goal of national unions?

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