CORRECT As defined in this course‚ a policy is the purpose or reason for a corporation’s existence. a statement of activities or steps needed to accomplish a single use plan. a broad guideline for making decisions. a comprehensive master plan stating how a corporation will achieve its mission and objectives. a statement of a corporation’s programs in dollar terms. IncorrectQuestion 2 0 / 0.5 pts <div>Research done by Henry Mintzberg suggests that strategy
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applying the yield management model to the Internet café business. Their business goal was to open 4 new franchises per week over the next 3 years. In order to achieve the goal of growing their franchised Internet cafes business‚ an efficient‚ flexible and cost-effective logistics system is what they need for the provision of equipment to the franchisee. Since logistics is one of the non-core activities that is perceived as a bottleneck for scalability‚ the present logistics system of elc will
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How this subject will work We will give you: – – – – Two hours (at most) Lecture Sessions Short Online Videos (SOVs). Tell me if they’re useful One hour tutorials Consultations (check Moodle or talk to your tutor) You will need to: – – – – Participation is vital – you’ll get better at it This is a conceptual subject “deep” learning – important! Attendance not compulsory‚ but non-attendance highly correlated with fail grades – The link between participation and exam results
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Exam 1 Review Porter Strategy Article Productivity Frontier 444517843500 Operational Effectiveness Any kind of practice which allows a business or other organization to maximize the use of their inputs by developing products at a faster pace than competitors or reducing defects What is and isn’t operational effectiveness? Operational Effectiveness Includes: Productivity initiatives Total Quality Reengineering Benchmarking Outsourcing Operational Effectiveness is NOT strategy How and
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Chapter 1 Managerial Accounting‚ the Business Organization‚ and Professional Ethics Management accounting produces information for managers within an organization. Financial accounting produces information for external parties‚ such as stockholders‚ suppliers‚ banks‚ and government regulatory agencies. What kind of accounting information do managers need to achieve their goals and objectives? Good accounting information helps answer three types of questions: 1. Scorecard questions 2. Attention-directing
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Effective Third Party Logistics Provider by Seyed-Mahmoud Aghazadeh Abstract The purpose of this article was to identify the steps that need to be taken when choosing an effective third party logistics provider. Based on the research completed‚ it was determined that third party logistics are beneficial to many companies. The use of third party logistics provides a competitive advantage in today’s business world. The optimal solution for a company choosing a third party logistic provider would be a
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3PL Practices in India Dr. B.S. Sahay Professor of Operations Management Chairman‚ Centre for Supply Chain Management SCM Centre for Supply Chain Management Management Development Institute Gurgaon‚ India Agenda for the Session • • • • • • SCM Some Facts Business Challenges Why 3PL in India? 3PL Practices in India Conclusions and Recommendations What should be done? Financial Improvements Percent Improvement 13.5% 12.3% 9.2% 10.5% 10.0% 10.0% 15.0% Financial Indicator Improvement in Sales
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The Defense Logistics Agency (DLA) is the largest agency within the Department of Defense’s (DoD) with more than 26‚000 civilian and military personnel throughout the world (Defense Logistics Agency). DLA‚ Provides support as well as technical and logistic services to the Army‚ Air Force‚ Navy‚ Marine Corps and several federal agencies. A large number of DLA’s employees are culturally‚ racially‚ and ethnically diversified. However‚ inequities at the DoD with regard to race and ethnicity still occur
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PHYSICAL DISTRIBUTION AND LOGISTICS A company the size of McDonald’s requires the value chain to be increasingly important. Not only does McDonald’s want to add value for the customers‚ but also the firm looks for ways to improve the operations that makes McDonald’s a more efficient business .McDonald’s is constantly striving to add value to the firm for their customers‚ and in doing so‚ the firm has created efficiency in getting the products to the customers quickly and as fresh as possible
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Aim: To know the procedure of measuring the accurate mass of a solid To calculate the number of moles of an unknown mass from its mass and molecular mass To know how to dilute a solution and the effect of dilution on the solution’s absorbance Materials: Copper Sulfate Coloured solution – Potassium Manganate (KMnO4) Hotplate Method: Part A: The Formula of Hydrated Copper (II) Sulfate Firstly‚ about 1.0 g of hydrated copper (II) sulfate was put in the weighing bottle and the colour
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