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Describe an offensive tactic and a defensive tactic that either your Strategic Audit firm has used or should use to gain a competitive edge. Explain if these tactics were successful, if used by the firm in the past.
Discuss the relative price elasticity of the following products:
Larry's boat shop wants to monitor number of blemishes in paint of each boat. Construct a c-chart to determine if their paint process is in control using subsequent data.
Where to locate a facility is an important decision in planning capacity. Based on your personal experience, identify one good location example and one bad location example. Give reasons to justify your selection.
Explain supply chain planning and control process. Analyze initiatives to overcome poor coordination in retail supply chains
You have recently been hired as a purchasing coordinator. Your primary product has an annual demand of 3,000 units, and you sell the product for $100 per unit. Before you arrived shortages (or backorders) were not allowed, but management would like t..
What is the typical profile of a venture champion? What do we know about them? What makes the successful?
Religious Dicrimination laws. In the law firm of Milton, Madden & Herman (“MM&H”), a request has been filed by two Sikhs to wear turbans. Although MM&H’s dress code does not speak to this issue, MM&H decides to prohibit this attire. How would you adv..
Evaluate your OPM500 class work during the session and explain ways you could have performed better - identify topics you did not understand or successfully implement and, if possible, suggest how to improve the course material on those topics.
The high-speed copier of a printing and document services firm is available for 95% of the operating hours. The copier is operated at a rate of three copies per second, although it was designed to make four copies per second. Data suggest that about ..
In each of the following examples, describe how the information given about consumer demand helped managers develop the appropriate strategies to increase profitability and how this information was obtained:
New materials handling equipment is expected to save a manufacturer $20,000 per quarter for this year and $21,000 per quarter for the next four years. Assume that the savings begin now. Assume the manufacturer uses an annual interest rate of 8% per y..
All of the people left that meeting shocked at how much their job would change, especially when you said 98% of transactions would no longer need to be processed, 95% of schedules would not have to be written, and that many of their jobs would sim..
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