Summarize the article in 300 words and explain why you chose your article (be sure to include the original article as well). #2: Plants Evaluate the importance of the sustainable use of plants to Canadian society and other cultures Answer one of the following questions‚ by conducting research. Your response should not be longer than 250 words and you should provide appropriate evidence (by citing credible references): How does the local food movement contribute to community development? How does the
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probable that no one individual has all the knowledge‚ skills‚ and abilities that would enable him/her to accomplish all of the leadership functions. Thus a more dispersed
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THE MANAGER: OMNIPOTENT OR SYMBOLIC? How much affect does a manager inflict on an organization’s outcome? There exist two traditional views about this question. * OMNIPOTENT VEIW OF THE MANAGER: According to this view‚ the manager has the ultimate power. They are held responsible for the success or failures of the entire organization. * SYMBOLIC VEIW OF MANAGEMENT: As per this view‚ the outcomes of the organizations are basically influenced by the external factors‚ whereas the
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DEMAND FORECASTING The Context of Demand Forecasting The Importance of Demand Forecasting Forecasting product demand is crucial to any supplier‚ manufacturer‚ or retailer. Forecasts of future demand will determine the quantities that should be purchased‚ produced‚ and shipped. Demand forecasts are necessary since the basic operations process‚ moving from the suppliers’ raw materials to finished goods in the customers’ hands‚ takes time. Most firms cannot simply wait for demand to emerge and then
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operation management • Executive Summary Operation management is defined as the design‚ operation‚ and improvement of the systems that create and deliver the firm’s primary products and services. Somerset furniture company’s global supply chain was getting lose its competitive edge and even faced shipments delayed by as much as 40%. The company prides itself on customer service and fears that late deliveries to its customers would harm its credibility and result in lost customers and excessive
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Dahlia Furniture Private Limited I. Problem : What way of acquiring inventories should Dahlia employ to maximize profit and improve the company’s position? II. Alternatives : A. Import all products and continue its high quality and fairly expensive image with middle and upper income family’s clientele. B. Expand its production unit and contend with competitors through lowering of prices to reach a larger market‚ the mass. C. To formulate a proportionate inventory acquisition
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Bugabyte Lite is stable product in market from past two years and Bugabyte is not stable they cannot forecasted demand of Bugabyte and Bugabyte Lite’s margin of error is also much lower than Bugabyte. Question-2 Based on Grunwald and Vogel’s decision‚ what will be the benefits and disadvantages of outsourcing the assembly function? Answer: - Benefits for Metrovox: - Grunwald and Vogel has to commit to delivering the assembled circuit boards to meet their delivery schedule and they must maintain
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“All managers should be leaders‚ but not all leaders should be managers.” Do you agree or disagree with this statement? Support your position. Yes‚ I agree about that. Let’s talk about what is manager and what is leader first? Manager is someone who coordinates and oversees the work of other people so that organization goals can be accomplished. Leader is someone who can influence others and who has managerial authority. There is difference between leaders and managers. Managing is about efficiency
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Topic 2: Supply and Demand 1) Suppose that the demand for oranges increase. Explain the long -run effects of the guiding function of price in this scenario. Answer: In the long run‚ the higher price of oranges will signal more firms to enter the orange market‚ as it will seem more profitable than some other markets. As firms enter‚ supply increases‚ causing the price to fall relative to the short-run price and quantity to increase further. The higher short-run price has guided more resources
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story that captivated the world. An unwillingness to tamper with the structures and beliefs formed during those glory years has left the company unable to adapt to consumer demands for new kinds of beverages. TIMELINE 1986 Then Coke President Donald R. Keough The “49% solution” by then Chief Financial Officer M. Douglas Ivester Spun off its U.S. bottling operations in late 1986 into a new company known as Coca-Cola Enterprises Inc.‚ retaining a 49% stake for itself. At a stroke‚ Coke erased
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