60 multiple choice Chapters 1-4 Articles Porter “what is strategy” “future retail wasteland” by stone and porter in bus. Week. Apr 16‚2012 “Tata Takes on the World” “for Successful innovation‚ sell imperfect products” 3-4 questions over Capsim Chapter 1 from jacy’s notes * Strategic competitiveness: when a firm successfully formulates and implements a value-creating strategy * Strategy: integrated and coordinated set of commitments and actions designed to exploit core competencies
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CapSim Word Study Guide 1. When opening the Excel version of Capstone®‚ you should do what to Macros? a. Enable b. Disable c. Engage d. Disarm e. Does not matter If there are two identical products‚ one that has 100% accessibility and one that has 0% accessibility‚ a. the one with 0% accessibility will not sell at all because consumers can’t find it. b. the product with 100% accessibility will outsell the other 2 to 1 providing all other attributes are identical. c. the one with 0% accessibility
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CAPSIM Quiz (done individually) Due Tuesday‚ September 11th at beginning of class number answers only & signed honor code 1. If you or your team decides to introduce a new sensor product‚ when should capacity and automation be purchased? 1. Two years or rounds prior to product release 2. One round prior to product release 3. The round of product release 4. The round after product release 5. Purchase of capacity and automation is not necessary for new product release 2. The
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Case Study Summary Mike Garcia and Jill Hendrickson have been butting heads for months at work. Mike is a manufacturing manager at Auto Safety Products‚ which is a firm in the Midwest that designs and produces automobile seat belts and infant and child safety seats. Jill is a design engineer for the same firm. Top management at their work instituted concurrent engineering‚ a team-based system that integrates manufacturing and design processes. Concurrent engineering is intended to eliminate
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Introduction Capstone is a business simulation designed to teach strategy‚ competitive analysis‚ finance‚ cross-functional alignment‚ and the selection of tactics to build a successful and focused company. In each round‚ we have to meet the buying criteria for our customers in each segment. We have five different products: Traditional Segment‚ Low-End Segment‚ High-End Segment‚ Performance Segment‚ and Size Segment. Each round is a year in the company’s life and decisions are made in research and
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customer service; however‚ how much tip is given could vary. Some customers give large tips to servers who provide the great service while other customers give small or no tip to servers who provide poor service. Either way‚ a server’s tip is affected if customer service is outstanding or disappointing. Another burden placed on servers are the low wages they receive in restaurants throughout the United States. The wages are so low that they must rely on customers’ tips to make a living. This restriction
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position to leave a tip. Tipping has become a standard in most service establishments‚ and many people ask. Should I leave tip or should I not tip at all? Tipping etiquette as grown substantially in recent years and in U.S.‚ restaurants alone account for about 27 billion (AZAR) each year. There are many people on both sides of this debate about Tipping. Some people argue that they should not assume the burden and be taxed additionally‚ while others argue that not leaving a tip for serviced rendered
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purchasing power. (c)TIPS are simultaneously related to change of inflation rate which means the principal and coupon will adjust instantly to change of inflation rate. TIPS like Regular Treasury bonds respond to changes in interest rate‚ but unlike Regular Treasury bond‚ TIPS don’t have an expected inflation in the yield‚ its yield is related to actual inflation rate. (d)As we mentioned above that Regular Treasury bonds put expected inflation rate into calculation of yield‚ TIPS chooses actual inflation
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researchers and restaurant professionals believe affect the size of tips. Design/methodology/approach – The research comprises two studies. Study 1 focuses on waiters – an anonymous questionnaire was used. Study 2 was designed to assess the attitudes and beliefs of customers about the same variables that waiters had earlier reported on. Findings – The findings confirmed a number of hypotheses. Respondents claim that they themselves tip more than most people. Results indicate that waiters-customers were
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service | Most places base you wages on your tips and don’t have to even pay you minimum wage. | You may feel better knowing that you have helped someone make their wages. | The tip may cost as much as what you purchase | If you’re a regular you get faster service if you tip | The places my have a cup set out to make the customer feel like they should have to tip. | It helps under waged people make their wages | It may feel unpleasant for a customer to tip a person especially if they get bad service
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