Chapter 4‚ 5‚ 6‚ 7 Summary Operations can be analyzed at three levels 1. Flow between operations (the level of the supply network) 2. Flow between the processes (the level of operations) 3. Flow between the resources (the level of the processes) Design Design is to conceive the looks‚ arrangements‚ working of something it is constructed What is process design? What are the objectives of process design? How do volume and variety effect process design? How are process design identical? Process Design
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Chapter 4 Assignment 1) Four test that should be used to measure the competitive power of a company’s resource strengths are: • Is the resource really competitively valuable? All companies possess a collection of resources and competencies; some have the potential to contribute to a competitive advantage‚ while others may not. • Is the resource strength rate‚ is it something rivals lack? Companies have to guard against prideful believe that their core competencies are distinctive competencies
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Chapter 4_class exercise True/False 1. The forecasting time horizon and the forecasting techniques used tend to vary over the life cycle of a product. Answer: TRUE 2. A time-series model uses a series of past data points to make the forecast. Answer: TRUE 3. Cycles and random variations are both components of time series. Answer: TRUE 4. One advantage of exponential smoothing is the limited amount of record keeping involved. Answer: TRUE 5. If a forecast is consistently greater
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CHAPTER 1 The Problem and its Settings Introduction Jollibee has many branches here in the Philippines. Many people who eat in Jollibee so many people are interested with the inventory of the products. When people see how they do their services‚ the people are amazed of how fast they work‚ how fast they cook and how fast they serve‚ but do people see how’s the inventory of the products? The Researchers decided to study about “The Effectiveness of Inventory Control Management of Selected Franchise
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Chapter 4 Outline Coping strategies: active coping‚ planning‚ suppression of competing activities‚ restraint coping‚ seeking social support for instrumental reasons‚ seeking social support for emotional reasons‚ positive reinterpretation and growth‚ acceptance‚ turning to religion‚ focus on and venting of emotions‚ denial‚ behavioral disengagement‚ mental disengagement‚ alcohol-drug disengagement. Learned helplessness: is a passive behavior produced by exposure to unavoidable aversive events
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Chapter 4: Psychological and Biological Perspectives Key Terms: Attachment: The bond between parent and child or between individuals and their family‚ friends‚ and school. Behavioral Modeling: Learning how to behave by fashioning one’s behavior after that of others. Biocriminology: The sub-discipline of criminology that investigates biological and genetic factors and their relation to criminal behavior. Chromosomes: Basic cellular structures containing genes‚ i.e.‚ biological material that creates
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Chapter 4: Socializing The Individual Section 1-Personality Development: Nature Vs. Nurture; Inherited genetic traits vs. environment & social learning Personality: is the sum total of behaviors‚ attitudes‚ beliefs‚ and values that are characteristics of an individual. It determines how we react in specific situations. What determines personality and social behavior? -Heredity: the transmission of genetic characteristics from parents to children. -Social environment (contact with other people)
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Chapter 4 Legal Liability for auditors 4-1. Understand litigious environment‚ which CPAs practice According to Google dictionary‚ litigious environment means a controversial environment. Where a simple mishaps can end up in a heavy lawsuit. Under common law‚ audit professionals have the responsibility to their client to fulfill their agreed on contracts. However‚ if one audit fails to fulfill their contract‚ not only they have to take responsibility to their clients but in some circumstances
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Chapter 1 Question 1 An internal accountant should always take the following step after exhausting all avenues of appeal within the organization when there is a difference of opinion with top management on an accounting or financial reporting matter: A) Inform the SEC B) Terminate employment with the entity C) Seek legal advice before taking any action D) All of the above Question 2 Each of the following characteristics describes the importance of integrity in decision making except for: A) Acting
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an answer Key issues/summary: Frank is a business development manager in a firm charged with the mandate of providing the government with business improvement solutions. The company is currently faced with the challenge of acquiring more contracts from the government considering the expiry of the existing contracts. Frank refuses to accept the loss of contract and the inability of the company to acquire more contacts. Problem statement: The system of leadership style that Franks uses is ineffective
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