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Assignment: Suppose you and two of your closest colleagues were considering the launch of a start-up and you believe that the Shouldice Hospital success story is relevant to the new venture, then generate responses to several categories of probing questions as a basis for discussion. The findings will be presented in a practical format to enlighten the thinking of two potential future partners. (1) Identify three business components (within the broad cateories of people, process/facility, or technology) that presented problems for Shouldice Hospital in the late 1940's. Define steps that your startup team might take to avoid similar problems when your service or product is launched. (2) Determine the value of an accurate forecast in terms of its influence on quality of service delivery and/or potential growth for your start-up. In what ways would an accurate forecast of hemia repair demand influence business decisions at Shouldice? (3) Examine the demographics of Shouldice patients, such as their overall health, type of surgery requested, age, etc. What target-market demographics will enhance the success of your start-up? (4) How do you know when to stop growing your start-up? How might Shouldice have determined a practical limit to economies of scale? At what point should Shouldice have decided to stop growing? What metrics should be monitored to determine that growth has plateaued?
What are some processes and techniques that you would suggest to make the budgeting process work well? Start with general but also provide some specifics as relate to creating detailed project budgets. Be sure to justify why you think your recomme..
What is the basis for the managed care ‘‘backlash’’ in the United States, and why has enrollment in PPOs grown while enrollment in HMOs has declined? How did the enactment process of the ACA differ from the previously failed attempts to provide compr..
Comparing goods and services, the similarities stop, and significant differences occur, when the operations involve contact between people.
what is the optimal delivery price to each customer if topoil aggregates each shipments to each of the three customers on every truck that goes to nashville? what is the total annual transportatioin and hlding cost? how many days of inventory are ..
A company that manufacturer’s chocolate bars is particularly concerned that the mean weight of a chocolate bar is not greater than 6.03 ounces. A sample of 50 chocolate bars is selected; the sample mean is 6.034 ounces, and the sample standard deviat..
Number of hours required per unit is 2 hours and there are 8 working hours per day. There are 20 working days in each month. The number of workers needed to produce 1600 units in a month without overtime and without carrying inventory is?
Some people may argue that labor unions are no longer needed, as there are enough laws to protect workers. What is your perspective on this statement?
Beyond Tea Inc. wants to forecast sales of its menthol green tea. The company wants to use simple mean or a three period moving average forecast monthly sales. Given sales data for the past 10 months use both forecasting methods to forecast periods 7..
This week, you will select your topic of research for the Course Project. You will need to define the chosen topic, provide a brief description of the emergent technology, and write a thesis statement. Each proposal should include the following items..
Research the following topics related to Product Design
Imagine that you work as the project manager for an IT department. Your organization has recently approved the development of a mobile application. As the project manager, you will manage the development of the project. The project will include user ..
Describe ways you expect to use format design and visuals in your future college papers and in your professional life.
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