Tutorial 1 Answers 1. In your own words‚ summarise your understanding of the terms ‘supply chain’ and ‘supply chain management’. A supply chain is the set of value-adding activities that connects a firm’s suppliers to the firm’s customers. It consists of all parties involved‚ directly or indirectly‚ in fulfilling a customer request. The supply chain‚ which is also referred to as the logistics network‚ consists of the suppliers‚ manufacturer centers‚ transporters‚ warehouses‚ retailers‚ and customers
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1. What do you think is causing some of the problems in the bank’s home office and branches? I think what is causing some of the problems in the bank’s home office and branches are that the employees do not understand and know exactly how to work the machine. “Johnson replied that she really did not know what the machine was called or what it did. She explained that she had been working there for only 2 months. She did‚ however‚ know precisely how to operate the machine.” (Case#1 pg. 17). The employees
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A reflective account of an incident in practice related to the code of professional conduct The purpose of this essay is to critically examine an incident from recent practice whilst using a model of reflection. This will enable me to analyse and make sense of the incident and draw conclusions concerning personal learning outcomes. The meaning of critical analysis and critical incidents will briefly be discussed followed by the process of reflection. The incident will then be described and analysed
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Case 1: The Springfield Nor’easters: Maximizing Revenues in the Minor Leagues Q1. Review the case details Exhibit 5 “Survey Questionnaire and Response Distributions” and Exhibit 6 “Buckingham’s pricing matrix worksheet.” Complete filling in the pricing matrix worksheet for Exhibit 6 as taking the role of Larry Buckingham. The Table 1 illustrates Larry Buckingham’s price matrix. Table 1: Larry Buckingham’s price matrix Ticket
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Yang Lee Nov. 14‚ 2012 WORKSHEET – UNIT 1 Task 1 – List 5 qualities that a ‘good’ teacher should have and give reasons for your choices. Which of these qualities do you consider to be more important‚ and why? 1. Patience – a teacher must be kind and understanding. To understand each student has different learning ability and allow each student to grow at a reasonable speed. This quality is essential to create a comfortable learning environment for students. 2. Inspirative – The ability to motive
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Case Incident - “Working at ThinkLink” Read the following case study and answer the questions asked. Mallory Murray had not had much experience working as part of a team. What little exposure she had had to teams was in her organizational behavior‚ marketing research‚ and strategy formulation courses. When she interviewed with Think Link she did not give much thought to the extensive use of cross-functional teams. She did tell them she worked well with people and thought that she could be
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1. See Appendix A 2. Liquidity ratio. The firm’s liquidity shows a downward trend through time. The current ratio is decreasing because the growth in current liabilities outpaces the growth of current assets. The quick ratio is also declining but not as fast as the current ratio. From 1991 to 1992‚ it only decreased 0.35 units while the current ratio decreased 0.93 units. Looking at the common size balance sheet‚ we also see that the percentage of inventory is growing from 33% to 48% indicating
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ABINGTON-HILL TOYS‚ INC. PART I – INTRODUCTION Due to the death of the last original founder‚ Lewis Hill‚ the financial condition was deteriorating under Hill’s last-year control. Owners of the firm decided to find a capable manager to improve the firm’s financial condition and reshape the company as well. Then‚ Vernon Albright was selected as the new president of this company. Lately‚ David Hartly became the comptroller assistant and was responsible to analyzing the firm’s financial conditions
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CASE 1 Choosing a New Director of Research Sandra Coke is vice president for research and development at Great Lakes Foods (GLF)‚ a large snack food company that has approximately 1‚000 employees. As a result of a recent reorganization‚ Sandra must choose the new director of research. The director will report directly to Sandra and will be responsible for developing and testing new products. The research division of GLF employs about 200 people. The choice of directors is important because Sandra
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2014 IDEO CASE STUDY 1) How would you characterize IDEO’s process‚ organization‚ culture and management? IDEO was a firm founded by David Kelley in 1991. The success that the company achieved was directly associated with the great creativity/innovative process that the company introduces. Starting to explain a little the phases of the process‚ IDEO’s product development process follows several phases‚ and each one‚ contains methods like Observation‚ Brainstorming‚ Prototyping and Implementation
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