Week 8 Discussion(Simulation Reflection)

Question One Read the case below and address the questions attached Betty has finally returned to her job as an accountant at Blue Chip Enterprises, a small family run hardware supplies chain, after a five-year extended maternity break. She has returned at an important time in the fiscal year: tax season. As she reviews the books for the period she was gone, she notices little anomalies which suggest that Blue Chip has been reporting much less income than they have actually made in the last two years. Troubled by this, Betty approaches the company owner, Mr.Asamoah, who comes clean and explains that he has been altering the books because of a personal financial slump that he fell into because of a gambling problem. Mr.Asamoah promises that from now on, now that Betty is back, he will no longer attempt to reduce his tax liability because he and the company are in a better place now. However, he also makes clear to Betty that he cannot afford to pay the back taxes and their penalties.…

Discussion Questions: Question 1 (a)    An effectively formulated operation strategy is critical to the success of a business, agree or disagree? Give reasons for your answer. (b)    Suggest two strategies that Cutie Barber Salon could use to achieve the mission outlined in your response to question 1. Question 2 What is the strategic importance of forecasting for a business such as Cutie Barber Salon? What are the possible challenges faced by organizations that do not utilize forecasting in the planning of their operations? Question 3 Discuss two ways in which the barber salon can overcome the challenge of operating successfully in an environment of increasing costs while at same time customers are demanding lower prices.

QUESTION 3 a. There are various models and techniques which one can use to analyse the environment within which a business operates. The most commonly used ones are PESTEL and SWOT Analysis. Describe how the SWOT Analysis works in relation to a company’s decision making.

Question 1 Mr. Shyam Prakash has joined in a multinational company as a General Manager. The company recently entered into mergers and acquisitions with another reputed Japanese company. Half of his employees are thereby rendered obsolete due to advanced methodologies that the new company brings forth. This situation leaves Mr. Shyam Prakash in a dilemma and has to take a number of decisions to that effect.         (a). Apply your knowledge, creative thinking and experience to assist Mr. Shyam Prakash to manage the difficult situation.     (b). “Studies have demonstrated that, when individuals perceive that compensation and reward systems are equitable, they have greater levels of job satisfaction and are willing to commit to organisational objectives”.   Discuss ‘Equity theory’ and its importance to get high level of satisfaction of employees.        NEED BOTH PARTS,,,,,,ATTEMPT IF YOU WILL SOLVE BOTH PARTS......THANKS

Question 1: The Best Person for the Job After 25 years, Kevin is finally ready to retire and take it easy. Kevin teaches accounting and general business courses at Youngstown Community College. Kevin over the years has taught hundreds of accounting students and helped them obtain internships and find employment in the community. Kevin’s golfing buddy sometimes jokes that every bookkeeper in town has been through Kevin’s accounting classes.   Besides, the regular accounting classes and internships, Youngstown maintains an accounting lab where students can get tutoring help if needed. The current lab tutor is David, who was hired two years ago when Dianne retired after nearly 10 years as the accounting tutor. David is a former student of Kevin and holds an associate’s degree from Youngstown and a bachelor’s from State. The lab job is part-time, which works out perfectly for David, leaving him plenty of time to pursue his MBA in accounting at State. David wants to teach accounting at…

QUESTION 1 The self serving bias states that we ______.     Attribute the cause of our success to internal factors and attribute the cause of our failure to internal factors      Attribute the cause of our success to internal factors and attribute the cause of our failure to external factors      Attribute the cause of our success to external factors and attribute the cause of our failure to internal factors      Attribute the cause of our success to external factors and attribute the cause of our failure to external factors      QUESTION 2 The fat acceptance movement is an example of how we can improve our perception by resisting socializing forces.   True  False     QUESTION 3 What is an example of a judgment related to self esteem?     I earned a 92% on my last  English quiz.        I complete my homework on time.      I attend the College of DuPage      I am a good student…

QUESTION 8 A mental picture that you have and want to turn into a reality in the future refers to A. Plan B. Mission C. Vision D. Objective

Question 3 Make a decimal outline of any of these topics (choose one only): (a) Impact of CORONA-19 Pandemic on Teaching and Learning, (b) Impact of CORONA-19 Pandemic on Employment, and (c) Impact of CORONA-19 Pandemic on Business.

week 3From the scenarios, Erica and Chris have determined their weaknesses after performing a SWOT analysis. However, they have yet to identify opportunities for their business. Determine two potential opportunities specific to their restaurant’s business environment, and discuss how the partners can take advantage of these opportunities.Discuss a situation where you were influenced by an infomercial, attractive packaging, and a discount flyer to purchase a product, and explain why you think the promotional method made such an impact on you.week 4* From the scenarios, we see that Chris and Erica have different communication styles that could potentially have a negative impact on the business. Suggest at least two strategies that these partners can use to improve on these weaknesses, and explain why you believe these strategies would be effective for running the business.From the e-Activity, briefly describe your results from the communication skills quiz. Describe the…

Question 10: Which strategy best positions an organization to handle the departure of key leaders?a. Establishing an employee referral program that has a higher dollar amount for senior positionsb. Implementing an integrated succession management and leadership development programc. Partnering with a well-established executive search firm that specializes in placing high-potential leadersd. Identifying potential leadership candidates to target for recruitment from comparable employers Question 15: An international seed company is in a position to buy one of its competitors. Management has narrowed the options down to three possibilities. How can HR most strategically contribute to developing and evaluating a business case for this project?a. Estimate payroll and benefits for the entire workforce at each potential location and recommend thelowest-cost option.b. Assign top HR executives to conduct thorough reviews of each culture and prepare presentations fordiverse stakeholders.c.…

Question 1 Four basic functions of management are Select one: a. Cooperating, organizing, planning and leading b. Controlling, leading, planning and  organizing c. Motivating, organizing, planning and leading d. Cooperating, motivating, planning and leading Question 2 In the acronym PESTEL ( i.e.PESTEL analysis),  the P is for: Select one: a. Planning b. Political c. Procedure d. Principle Question 3 On the law books, there are fines, although small, that speaks to  the improper disposal of business waste to prevent ill-health issues in the environment and to its citizens.  There is no law that speaks to the individual waste disposal.  Based on this,  would you conclude that  Select one: a. What  is  legal  is ethical b. What is ethical is illegal c. laws are not necessary for waste disposal d. all of the above Question 4 A code of ethics in an organization Select one: a. guarantees employees will act in an ethical manner. b. describes what is…

A sheriff applies for the a reward offered by a bank to anyone who catches a bank robber. If the sheriff apprehends a bank robber will he be able to collect the reward?   Question 12 options:   A)  Probably, if he was off duty at the time he caught the robber,   B)  If he was on duty at that time...probably not.   C)  Yes it was an open offer.   D)  No, the bank's statement was only an invitation to negotiate   E)  A and B

Question 04 a) “The practice of investment refers to the buying of a financial product or any valued item withan anticipation that positive returns will be received in the future.” Brief the statement in termsof investment management.b) “How different stage of industry life cycle can motivate fundamental analysis of investmentdecision”. Justify

Topic: 8 Daily Hassles by Lazaruz  What kind of hassle is Jitters?   a. Time pressure hassle b. Inner concern hassle c. Environmental hassle d. None of the above

Question I - This chapter discusses some key strategic leadership issues (such as privacy and fake news) facing Face book leaders Sheryl Sandberg and Mark Zuckerberg. Consider other firms mentioned in the chapter such as Amazon, PepsiCo, Uber, VW, and Starbucks. What social and ethical issues do the leaders of these firms face today? Choose a firm or industry and explore the relevant controversial issues it faces. How should strategic leaders address the major issues you have identified?

Question 3 Read the following case-based extract regarding Amazon and answer the questions that follow. Amazon Ever since Amazon went online in 1995, the e-commerce juggernaut has undergone a slew of changes – despite being led by the same man, Jeff Bezos, during the ensuing two-plus decades. When the Seattle-based company first launched its website, all it sold was books. Gradually, Bezos and his team expanded Amazon’s offerings to include things like CDs and DVDs. But Amazon never really stopped changing the inventory it sold. 18; 19; 20 2020 © The Independent Institute of Education (Pty) Ltd 2020 Page 7 of 8 Bezos said he wanted his store to become the world’s largest, so he worked hard toward meeting that goal – whether that meant offering new products, launching Amazon Prime, launching Amazon Instant Video ... the list goes on and on. Today, Amazon sells more than 200 million products to customers all over the world. Though for years, Amazon’s detractors insisted that the company…

Question 3 Read the following case-based extract regarding Amazon and answer the questions that follow. Amazon Ever since Amazon went online in 1995, the e-commerce juggernaut has undergone a slew of changes – despite being led by the same man, Jeff Bezos, during the ensuing two-plus decades. When the Seattle-based company first launched its website, all it sold was books. Gradually, Bezos and his team expanded Amazon’s offerings to include things like CDs and DVDs. But Amazon never really stopped changing the inventory it sold. 18; 19; 20 2020 © The Independent Institute of Education (Pty) Ltd 2020 Page 7 of 8 Bezos said he wanted his store to become the world’s largest, so he worked hard toward meeting that goal – whether that meant offering new products, launching Amazon Prime, launching Amazon Instant Video ... the list goes on and on. Today, Amazon sells more than 200 million products to customers all over the world. Though for years, Amazon’s detractors insisted that the company…

QUESTION 1 STEVE JOBS,THE FOUNDER OF APPLE INC,TYPIFIED THE DISTINCTIVE BUSINESS ENVIROMENT OF SILICON VALLEY.HE CREATED A CORPORTAE CULTURE CHARACTERISED BY AN INTENSE WORK ETHIC AND CASUAL DRESS.JOBS CONTINUALLY STRESSED THE SIGNIFICANCE OF PRODUCTS RATHER THAN PROFIT,BELIVING THAT IF MANAGEMENT FOCUSED ON PROVIDING HIGH QUALITY,INNOVATIVE PRODUCTS,PROFIT WOULD FOLLOW. APPLES FOCUS ON SIMPLICITY IS UNIQUE.WHILE APPLES LOVE OF SIMPLICITY STARTED IN THE MIND OF STEVE JOBS. ITS NOW BURNED DEEP INTO THE COMPANYS DNA (A)DISCUSS THE APPLES MANAGEMENT PRACTICES CORRESPONDING TO MANAGEMENT ,MODELS IN THE COMPETING VALUE FRAME WORK (B)ANALYSE APPLES MANAGEMENT TEAM INFLUCING PEOPLE BY SHAPING THE CONTEXTS IN WHICH THEY WORK.

Question 1: * Describe the importance of critical thinking. * List at least 4 ways in which novice thinking and expert thinking different. * Give an example that illustrates each.

Which of the following statements is TRUE?   Question 19Answer a.   The origins of management by exception are generally credited to Frederick W. Taylor.   b.   The person most responsible for initiating the use of interchangeable parts in manufacturing was Henry Ford.   c. The origins of the scientific management movement are generally credited to Henry Ford. d.   The person most responsible for initiating the use of interchangeable parts in manufacturing was Walter Shewhart.   e.   The person most responsible for initiating the use of interchangeable parts in manufacturing was Eli Whitney.

Question: Strengths, Weaknesses, Opportunities, and Threats(SWOT) for a Start up cultural tourism company (baba nyonya). >Full sentence please     Extra information on Baba Nyonya; Travel destinations and local food go hand in hand, as they represent the culture of the country. Tourists get more fascinated by the local food. The Baba-Nyonya captivates the tourism industry in Malaysia. The Peranakan Chinese and Malay food of Malacca is said to be the most attractive food, which not only represents the local culture but also the history of the city. The hospitality of the local people is another reason for the popularity of the cuisine.

Question 1: Should the marketing budget be maintained or increased during a recession or economic downturn? During a recession, the immediate desire of many companies is often to simply cut costs. The marketing department can be selected for this cut and in some cases is the first area cut. One could argue that the marketing spend is the one spend or investment in a company which should be maintained or even increased during a recession or economic downturn. Take a position: Marketing spend should be maintained or increased during a recession or economic downturn versus Marketing spend should be cut along with all the other spending in the organisation.

QUESTION 1 Read the following case and answer questions that follow.Kenna Kelenteng is an entrepreneur who found that she can innovatively use Serowe Rural Administration council recycled water by starting an Agricultural Extension Society in the area. As a founding member she acquired a plot in the northern outskirts of Serowe and organised youth in the area to become members of the Society. These youth till the land to produce various staple food crops like maize, millet and sorghum as well as vegetable products like cabbage, carrots, potatoes, beans, chaumolier, pumpkins, tomatoes, lettuce and the like. The Society’s mandate is to supply the supermarkets, guest houses, lodges, shops and the villagers, i.e. individual members of the community. Over its five year live since its inception, the Society’s membership has grown and now Ms Kelenteng has come to a conclusion that the Society needs full time staff to handle its management, administrative and operational aspects. She has been…

As the general manager of the property, you are responsible for managing revenue-generating activities, in addition to monitoring the operating expenditures. If this is done correctly, the property has a better opportunity for which of the following results?   Question 14 options:   a)  Amortization   b)  Collusion   c)  Solvency   d)  Appreciation

Question 7: Groupthink is: Group of answer choices A) A mindset of not rocking the boat in order to avoid promoting viewpoints outside the comfort zone of consensus thinking, which ultimately leads to planned, rational decision making because ideas are critically analyzed. B) A mindset of not rocking the boat in order to avoid promoting viewpoints outside the comfort zone of consensus thinking, which ultimately leads to hasty, irrational decision making because ideas are not critically analyzed. C) A mindset of not rocking the boat in order to avoid promoting viewpoints outside the comfort zone of consensus thinking, which ultimately leads to hasty, irrational decision making because ideas are critically analyzed. D) A mindset of rocking the boat in order to promote viewpoints outside the comfort zone of consensus thinking, which ultimately leads to hasty, irrational decision making because ideas are not critically analyzed.

Week 2 Discussion ForumWeek Two: Discussion QuestionsSony is a multinational corporation that sells a wide variety of goods in the international marketplace. These range from electronics to online games to music- and the Japanese MNC is even in the entertainment business (Sony Pictures Entertainment), producing offerings for both the big screen as well as for television. Visit the MNC’s site at www.sony.com and/or www.sony-europe.com/, and read some of the latest developments in which the company is engaged. Pay close attention to its new offerings in the areas of electronics, television shows, movies, music, and online games. Then answer the following questions:1. What type of cultural challenges does Sony face when it attempts to market its products worldwide? Is demand universal for all these offerings, or is there a “national responsiveness/globalization” challenge, as discussed in the chapter, that must be addressed?2. In managing its far-flung enterprise, what…