Professor Yunus Kathawala Operations MGMT 571 Final Exam Question 1: Chapter 8 Explain any 3 major elements of “lean management” that were discussed in class. Contrast the 3 of them to the so called traditional approach. Which one of them that best applicable to a firm in Kuwait? Please explain: Answer: Lean management is an operation system that maximizes the value added each of the company activities by removing waste and delays‚ there are 3 elements: 1 kaizen which is the term to process improvement
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The following report documents 5 different areas of focus pertaining to the following company “Mountain Equipment Co-op”‚ Please enjoy... Marketing Management Orientation: The Societal Marketing concept is the orientation best exemplified by Mountain Equipment Co-Op (MEC). This is evident in the following ways: The company’s mission statement clearly outlines that passion is what drives their company‚ even over profit. The passion to continue to look for ways to protect our wild spaces and reduce
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References: Kleiner‚ A. (2013). The Evolution of Technology. Retrieved from http://www.strategy-business.com/article/00014?pg=1
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Negotiating Techniques 1. Forbearance Waiting in Haste Don’t talk (you might give away info) Not responding quickly gives time to think and allows your decision to change if needed 2. Silence If you’re silent you can listen to what the other person has to say Need to find the right balance between talking and being silent 3. Surprise Used when trying to make a point Change the tone of your voice‚ rate of speed when talking 4. Fait Accompli What was made was already accomplished 5. Apparent withdrawal
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Grade Details - All Questions Question 1. Points Received: 0 of 1 Comments: Question : In the liberalism of John Locke‚ political authority is based on Student Answer: might makes right. conquest. divine right of kings. popular sovereignty. Instructor Explanation: The answer can be found in the section “Locke’s Influence on Jefferson.” Question 2. Points Received: 1 of 1 Comments: Question : Indirect democracy
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1. Question : (TCO 1) Which of the following is a mental process? Student Answer: INCORRECT thinking feeling reading CORRECT a and b Instructor Explanation: See Chapter 1‚ p. 4 Points Received: 0 of 2 Comments: 2. Question : (TCO 2) Because Timothy was laughed at by his second grade peers‚ he was reluctant to speak out in class. This is a demonstration of which goal of psychology? Student Answer: INCORRECT describing behavior CORRECT
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entirety of their career to wanting more freedom and preferring more pay over that job security. Panasonic tried to tailor their benefits packages with the changing trends of the time to continue to try to make their packages appealing. Questions: 1. What were the triggers of cultural change in Japan during the 1990s? How is cultural change starting to affect traditional values in Japan? The biggest trigger was the Western influence. Growing up in a world that was richer‚ Japan become more and
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Examination Study Guide This study guide will prepare you for the Final Examination you will complete in Week Six. It contains practice questions‚ which are related to each week’s objectives. In addition‚ refer to each week’s readings and your student guide as study references for the Final Examination. Week One: Organizational Structure Objective: Summarize the impact of structure on an organization. 1. The more that lower-level personnel provide input or are actually given the discretion to make decisions
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Workstation Limited Minor Desktop Computers (50) Workstation Limited Minor Linux Server #1 LAN High Major Linux Server #2 WAN High Major Microsoft Server #1 System/Application Major Critical Microsoft Server #2 System /Application Major Critical Microsoft Server #3 System/Application Major Critical Microsoft Server #4 LAN High Major 1. The purpose of identifying IT assets and inventory is to evaluate assets and track them. 2. The
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Assessment Evidence Answer paper The Learner should be able to: 1. Establish the importance of the marketing environment The Learner can: 1.1 Analyses the difference between micro and macro environmental factors 1.2 Compare and contrast a minimum of two tools such as SWOT and POWER SWOT and apply to business solutions 1.3 Critically contrast Primary and Secondary research methods 2.1 Evaluate the use of tools such as Boston and Ansoff Matrix to business situations 2.2 Analyse the effectiveness of models
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