and Takeuchi. The organizational knowledge creation is explained in this theory. The knowledge is defined as “justified true belief” to reflect the knowledge context which exists. In ‘The Knowledge-Creating Company’ book‚ it defines organizational knowledge creation as the capability of a company as a whole to create new knowledge‚ disseminate it throughout the organization‚ and embody it in products‚ services and systems. The two parts of organizational knowledge creation are epistemological and ontological
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Case Study: Kristen’s Cookie Company Key questions to answer before you launch the business: 1) How long will it take you to fill a rush order? If we consider that one order is a dozen‚ the flow time is 26 minutes for the first order. 2) How many orders can you fill in a night‚ assuming you are open four hours each night? (4 hours = 240 minutes) If we consider that one order is a dozen‚ it will take me: * For the first order: 26 minutes * For the second order: 20 minutes
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Case 4-3: Portland Bus Company Situation: Richard Kaplan is a buyer of Materials Department at Portland Bus Company. Reports to David‚ director of Material Department Be responsible for sourcing fabricated metal components PBC was owned by Dawe Motors First use of reverse auctions assisted by Laura Henning‚ business consultant for Bothe US operations Approximately 290 components Involving 7 suppliers Current situation Total annual purchases were approximately $250‚ and about $60 million to
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Loblaw Companies Limited Strategic Plan Presented to Galen Weston Jr.‚ Executive Chairman of Loblaw Companies Ltd and Professor Imran Saleem‚ University of Toronto Submitted by Group 4 on March 30‚ 2010 Table of Contents Loblaw Companies Limited Strategic Plan 1 Table of Contents 2 Loblaw Companies Limited Summary 3 History 3 Current Vision 3 Short Term & Medium-Longer Term Plan 3 Detailed Financials 4 Industry and the Competitive Analysis 4 SWOT Analysis
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Case Study #10 Off-Centered Ales- On Target Sales: Dogfish Head Craft Brewery Dogfish Head Craft is a beer brewery. In 1995‚ Sam Calagione and Mariah Calagione founded Dogfish in Rehoboth Beach‚ Delaware. As off today‚ the company keeps expanding‚ which includes a 103‚000 square foot brewery and a small distillery‚ with 50 distributors in 25 different states. Dogfish brewery was ranked 500 in the United States for the fasting growing small brewery. There also have Dogfish Alehouses located in
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Loblaw Companies Limited Case Study Table of Contents Introduction 3 External Analysis 4 Internal Analysis 8 Alternatives 9 Recommendation 10 References 11 Introduction Loblaw Companies is facing the greatest competitive challenge of its recent history with the launch of Wal-Mart into their markets. Having originally entered the market in 1994 through the acquisition of 122 Woolco Stores‚ Wal-Mart is planning to open their
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Little Lamb Company hires Mary as an independent contractor to assist in the programming for a special project. Apparently‚ Mary impressed the company with her skills‚ so Little Lamb offered Mary a position once the special project is complete. Mary accepts the offer and begins working for the Little Lamb Company while using the company materials and working the same schedule as the rest of the company’s employees. After the projects full completion‚ Mary is asked to leave the company. Employer-Employee
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Lighting Company is faced with a proposal that could potentially revive themselves from the 15 percent decrease in profits they have seen over the past two years. However‚ the new proposal for micro-miniaturization could put the Dim Lighting Company ahead of its competitors and contribute to higher profits despite the high costs of initiating the program. Jim West is the general manager and has been running the company for five years. Robert Spinks is the director of R&D and joined the company three
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CASE STUDY Ford Motor Company Ford Motor Company‚ one of the world’s largest automotive manufacturers‚ has worked with Penske on several Six Sigma initiatives. As its lead logistics provider (LLP)‚ Penske’s quality team of associates are trained in Six Sigma practices and work closely with Ford to streamline operations and create and maintain a more centralized logistics network. Together‚ they uncovered several areas for real cost savings as a result of reducing inbound carrier discrepancies‚ eliminating
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PROFITABILITY? Although the company seems to be profitable‚ it has faced shortage of cash. It happened due to increase in Accounts Receivable as well as Inventories. On the other hand‚ Accounts Payable does not increase that rapidly and difficulties regarding cash collection become evident. Furthermore‚ the cash collection cycle becomes larger (59 days in year 2003‚ while more than 70 in year 2006). QUESTION 2 HOW HAS MR. WILSON MET THE FINANCING NEEDS OF THE COMPANY DURING THE PERIOD 2003 THROUGH
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