Administration - MBA Semester 2 MB0044 – Productions & Operations Management- 4 Credits Assignment Set- 1 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions. Q.1 What do you understand by Vendor-Managed Inventory (VMI)? Answer : Vendor-managed inventory (VMI) is a family of business models in which the buyer of a product provides certain information to a supplier of that product and the supplier takes full responsibility for maintaining an agreed inventory of the material
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‘Leaders should lead by example’ so the saying goes. There are certain characteristic found in some people. It is just that‚ they put them in a position where people looked up to as a leader. People often say ‘ He or she is a born leader’. Whether in fact a person is born a leader or develop skills and abilities to become a good leader is open for debate. There are some clear characteristics that are found in good leaders. These qualities can be developed and naturally is the part of their personality
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spiritual well-being. To create vision and value congruence across the individual‚ empowered team and organization levels‚ and ultimately to foster higher levels of employee well-being‚ organizational commitment‚ financial performance and social responsibility. Spiritual leadership values: Integrity/honesty Freedom/independence Fairness/equality/justice Family Love/caring/charity Characteristic of spiritual leadership Find and use the deepest inner resources from which come the capacity
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Characteristics of Effective Planning Effective planning increases the likelihood of success for a program while ineffective planning practices almost always results in false starts and frustration. When a group is aware of the characteristics of effective planning and monitors the presence of these characteristics‚ formally or informally‚ they will be a step closer to high quality program accountability. Directions: Below is a list of effective planning characteristics. Rate how well your
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Define and describe the concept of managed care. Differentiate between managed care and health care in the past. Managed care is the attempt to provide reasonable access to quality care at affordable cost. The primary care physician is the gatekeeper. Managed care will reduce insurance premium costs by limits on services‚ also increasing issues about denial of service or payment. 2.Identify two widespread effects of the managed-care movement. Describe how managed care affected these areas. When
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Common Characteristics of an Organization Paper Abstract This paper will describe the culture and the organizational characteristics of a chosen organization‚ Publix Supermarkets. Detailed throughout will be the common characteristics of the organization as it operates on a day to day basis. Specifically the system based on individual units‚ rules and norms expected of the associates and supervisors as well as the hierarchy will be established for the reader to garner a better understanding.
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| Managed Care Vs Traditional Insurance | By Iris Miranda | | Iris Miranda University of Phoenix HCA 230 January 23‚ 2011 Della McMillon Presently in the United States there are several different health care plans and the decision to accept Managed Health care plans become difficult. Managed care is the most utilized form of health insurance in the United States for it provides cost that is efficient versus paying for services
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WEEK 7 - TEAMS IN ORGANIZATIONS • One of the key attributes of the people employers want to hire is the ability to be a “good team player” • To learn how to be a good player‚ it involves: (1) Both direct experience in teams and (2) In understanding of team processes based on decades of research on teams • We must make a distinction between a working group and a real team • Teams differ from working groups because they require both individual and mutual accountability • A discipline
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order to get the best results possible. Teams are groups of people who share a common purpose‚ who depend on each other to accomplish their purpose‚ develop relationships with each other and outsiders and eventually develop roles in the team. These teams can be intact work groups working for the same person‚ or can be from different functions or organizations. In these times of constant change‚ it is essential for teams and team members to understand their strengths and weaknesses. Effective teamwork
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Teams & Groups A Team • A group whose members have complementary skills‚ are committed to a common purpose‚ and hold themselves mutually accountable. Stages of Team Development (Tuckman’s Model of Team Formation) 1. Forming 2. Storming 3. Norming 4. Performing 5. Adjourning Forming Feelings of... – Excitement – Suspicion – Optimism – Fear – Anxiety – Anticipation Storming • • • • • Resistance Uncertainty Impatience Hostility Discomfort Norming • • • • Safety and
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