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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P1: Write a report describing how human resources are managed in a selected organisation that you know well. The first stage of training is at the welcome meeting. This is followed by a structured development programme that provide in all of business. All new employees have an initial training period. They will also attend classroom based training sessions where they will complete workbooks for quality‚ service and cleanliness. After the initial period all employees receive ongoing training.
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Effective Organizations (Organization Development) ________________________________________ Reducing the number of management levels can improve the speed and accuracy of communication. Organizations that have many levels of management process information slowly. Plus the information gets filtered along the way‚ often for political reasons which can conflict with the overall good of the organization. Processing information quickly and accurately‚ then acting upon what is learned‚ is critical
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Out with the Old‚ In with the New Rex Justice is a long-term employee of the Car fax Corporation‚ and for the last several years he has been a supervisor in the financial section of the firm. He is very loyal to Car fax and works hard to follow the company policies and procedures and the orders of the managers above him. ln fact‚ upper-level management thinks very highly of him; they can always count on Rex to meet any sort of demand that the company places on him. He is valued and well-liked
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External Locus of Control - Individuals with a belief that what happens to them is due to luck or chance. The belief that events in one’s life‚ whether good or bad‚ are caused by uncontrollable factors such as the environment‚ other people‚ or a higher power. Which Factors influence perception? Attitudes Moods Motives Self-Concept Interest Cognitive Structure Expectations Perception is: A process by which individuals organize and interpret their sensory impressions in order to give
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After viewing the multi-media presentation‚ “The Culturally Competent Organization”‚ examine the case study titled‚ Heritage Valley Medical Center: Are Your Managers Culturally Competent? On pages 429-432 of the textbook. Then answer the following questions. The Heritage Valley Medical Center managers are in fact competent because‚ they have a clear openness and respect for diverse staff and clients. Over the years the organization has had a perfect reputation for providing services to all culturally
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Chapter 1: Organizations and Organization Theory Current Challenges of Organizations • Globalization o Markets‚ technologies‚ and organizations are becoming increasingly interconnected • Ethics and social responsibility o The list of execs and major corporations involved in financial and ethical scandals continues to grow • Speed of responsiveness o Globalization and advancing technology has accelerated the pace at which organizations in all industries must roll out
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A teacher has an important role that should never be taken lightly. They help inspire children to be the best that they can be. For a lot of children their teacher is the only decent role model that they may ever encounter in life. Also‚ parents have a sense of relief knowing that when their children are at school the teacher will keep them safe. In addition‚ there are several children who only get the support that they need from their teacher. A preschool teacher’s job consists of being a role model
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Running Head: APPLE‚ INC Apple‚ Inc and the Organization Michael J. Keith Organizational Behavior; BUS 322 Professor Ofori Boateng July 29‚ 2012 Apple‚ Inc and the Organization If I took over the leadership of a company‚ I would choose Apple‚ Inc. Apple‚ Inc is a multinational corporation that creates consumer electronics‚ computer software‚ and commercial servers. Apple ’s core product lines are the iPad‚ iPhone‚ iPod music player‚ and Macintosh computer line-up. I would be the CEO of
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Self-Managed Teams Jadira Maldonado Kaplan University MT140-01 Professor Whitley Self-Managed Team Using self-managed teams within the Sandwich Blitz company would help the company grow. This will also allow Dalman to have more time to concentrate on the expansion as well. Self-managed teams empower employees most often in manufacturing‚ workers are trained to do all most of the jobs in the unit‚ they have no immediate supervisor‚ and they make decisions previously made by the
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