Industry PLC (ELICO) Awash Tannery For the Course Production /Operations Management (MBAd 632) (Educational Visit Report) Submitted To Tadesse Negash (PhD) Prepared by ABERAHAM MELSE MEKURIA ABERA MESFINE TELILA MERGIA BAYISSA TADESSE BIRU TENA H/MARIAM WOSSEN HAILU August 2013 Addis Ababa‚ Ethiopia ACKNOWLEDGEMENT We are strongly indebted to our instructor of production and operations management Dr. Tadesse Negash for his intimacy with us
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QUESTION 1 Operations management must be managed properly in order to improve an organization’s productivity and profitability. In the Cadbury World case‚ several micro and macro processes are involved and those processes bring some impacts to Cadbury World. Thus‚ Cadbury World must possess a sustainable micro and macro processes to achieve the best outcome and performance. Micro processes that involved are easily to manage compared to macro processes because macro processes are hard to manage
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Use appropriate tools to develop strategic options for an organization Ansoff Matrix: The Ansoff Growth matrix is marketing planning tool that helps a business determine its product and market growth strategy. Ansoff’s product/market growth matrix suggests that a business’ attempts to grow depend on whether it markets new or existing products in new or existing markets. The output from the Ansoff product/market matrix is a series of suggested growth strategies which set the direction for the
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survive. In order for good decision making to occur‚ the proper steps must be taken to ensure accurate information used. Sales and Inventory System (SIS) is a computer-based system that is designed to aid decision makers in making decision that may include multiple attributes‚ objectives and goals. Good decision making tools are necessary to make good strategic decisions. Sales and Inventory Systems are used to collect data‚ analyze and shape the data that is collected‚ and make sound decisions or
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Planning and Measuring Performance MGT 521/Management March 18‚ 2013 Planning and Measuring Performance All organizations need appropriate standards to measure organizational performance. Those standards are usually determined based on goals set by the company or industry principles. Some of the goals for Kellogg are to strengthen its brand through advertising and consumer promotion and to increase revenue to an estimated $15 billion annually with Pringles business. Standards to evaluate these
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MKTG307 Sales Management S2 Evening 2014 Dept of Marketing and Management Contents General information 2 Learning outcomes 2 Assessment tasks 3 Delivery and resources 6 Unit schedule 7 Policies and procedures 11 Changes from previous offering 14 Research and practice Macquarie University has taken all reasonable measures to ensure the information in this publication is accurate and up-to-date. However‚ the information may change or become out-dated
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------------------------------------------------- Chapter 9 Financial Planning and Forecasting Financial Statements ------------------------------------------------- ANSWERS TO END-OF-CHAPTER QUESTIONS 9-1 a. The operating plan provides detailed implementation guidance designed to accomplish corporate objectives. It details who is responsible for what particular function‚ and when specific tasks are to be accomplished. The financial plan details the financial
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|TERM PAPER – MARKETING PLANNING | |MKTG 6120 MARKETING MANAGEMENT | |INSTRUCTOR : ASSOCIATE PROFESSOR DR. WAN JAMALIAH WAN JUSOH | | | | | |
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UNIT – 3 CAPACITY PLANNING CONCEPT: Capacity simply means the ability to hold‚ receive‚ share or accommodate. It is a productive capability or a facility. Capacity is a critical consideration for long term strategy. It is generally measured in volume of output per unit of time. Capacity is the limiting capability of a productive unit to produce within a stated time period‚ normally expressed in terms of output per unit of time. So‚ capacity is the maximum productive capability.
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Types of Economic Planning Planning by Inducements Planning by inducement is often referred to as ‘indicative planning’ or ‘market incentives’ . In such type of planning‚ the market is manipulated through incentives andinducements. Accordingly‚ in this system there is persuasion rather than compulsion or deliberate enforcement of orders. Here the consumers are free to consume whatsoever they like‚ producers are free to produce whatsoever they wish. But such freedom of consumption and production
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