7 Days Inn Case Analysis Questions 1. Based on Michel Porter’s views on operations strategy‚ please analyze how 7 Days Inn obtains competitive advantages by determining the portfolio of services through the vertical cutting approach. The traditional situation in hotel industry is that‚ the more you pay‚ the higher quality you get. But actually‚ most of the businessman just needs a comfortable bed and a hot water in bath. The vertical cutting approaches make this available and the price is
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is the purpose of an Operational Plan? What information or resources are required to develop an Operational Plan for a business? In your response include the main requirements to effectively develop and implement an Operation Plan. The Operational Plan provides the what‚ who‚ when and how much: • what - the strategies and tasks that must be undertaken • who - the persons who have responsibility of each of the strategies/tasks • when - the timelines in which strategies/tasks must be completed
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______________________ •. . ASSIGNMENT DRIVE PROGRAM SEMESTER SUBJECT CODE & NAME BK ID CREDITS MARKS SUMMER 2014 MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2 II MB0048 OPERATIONS RESEARCH B1631 4 60 Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Q.N o 1 Questions Marks Total Marks Discuss the various stages involved in the methodology of Operations
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Introduction Many may argue that creating a motivational plan is strictly for the good of the employees and their needs. Well‚ while a motivational plan does benefit the employees‚ Collard (2002) suggests‚ "the ultimate goal of the motivational plan is to improve the equity value of the company" (p. 57). The motivation plan then obviously benefits both the corporation and the employee when it accomplishes the goal that is was intended to address. Many factors must be considered when creating
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resource management during peak and off peak hours manageable. At all times there is enough staff on hand to take care of business and overall effectiveness is improved Drawback to this approach includes huge rental space to accommodate large operational facility. It could also become very costly on staff training. Workforce productivity are not usually related to the number of staff working on a task‚ and productivity variance may tilt negatively for McDonalds on this. Operating cost are very high
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company now realizes that the majority of its money is being used in its day to day function‚ also known as “operational costs”. Knowing this information‚ the company can now find and make the adjustment that need to be made to its’ operational expenses and possibly allocate these excess funds to other area of the business that will be more profitable. OPERATIONAL EXPENSES Operational expenses are expenses in the form of salaries paid to employees‚ money spent on developing the company‚ and
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2. Seven-Eleven’s supply chain strategy in Japan can be described as attempting to micro-match supply and demand using rapid replenishment. What are some risks associated its supply choice? The risks with this supply choice are high cost of transportation which includes gas‚ vehicle‚ staff‚ also the cost of receiving continues incomes of products at the store‚ the risk of having obsolete inventory and lack of extra space. 3. What has Seven-Eleven done in its choice of facility location
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Marketing Problems Midterm Strategy 7‐Eleven is a gasoline service station‚ and considered a Quick service restaurant (QSR). The issue you face Mr. DePinto is in regards to the 6% loss of share in the fresh food categories‚ a category that has allowed 7‐Eleven to gain 39.5% margins. Fresh food sales have been around 50% of total sales. This‚ along with research‚ shows that consumers want fresh‚ natural ingredients. To help the company grow share in the fresh food
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Competition Bike Operational Strengths and Weaknesses based on Horizontal Analysis It is important to have a working definition of the term horizontal analysis. The free dictionary defines horizontal analysis as “the process of dividing each expense item of a given year by the same expense item in the base year. It allows assessment of changes in the relative importance of expense items over time and the behavior of expense items as sales change”. The company had an outstanding performance in
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Discovering the Mystery of Eleven Test Tubes Karen Radakovich Ph.D. Mohammad Farhad Brittany Cina CH 223‚ Spring 08 Abstract: Eleven mystery test tubes labeled from K-1 to K-11 contained: 6M H2SO4‚ 6M NH3‚ 6M HCl‚ 6M NaOH‚ 1M NaCl‚ 1M Fe(NO3)3‚ 1M NiSO4‚ 1M AgNO3‚ 1M KSCN‚ 1M Ba(NO3)2‚ 1M Cu(NO3)2 respectively. The contents of the test tubes were determined by chemical experiments. Solution K-1 contained NiSO4 because when solution K-9‚ ammonia which was identified by its pungent odor
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