QUESTION 1: COMPULSORYa) Your firm would like to purchase a very important piece of equipment from a supplierin South Africa. The Purchasing and Supply Chain Manager who has been sent toSouth Africa to procure the item has faxed back the following information: Appraisedvalue = K6m, supplier's desired price = K6m, your company's desired price = K5m,your BATNA = K5.5m, supplier's BATNA = K5m.From the data given above:a. Draw a diagram to present the scenarios in this negotiation situation.b. Determine the bargaining zone and show it on the diagram.b) Draw and use the job characteristics model (JCM) to explain how employeemotivation works in organizations.(c) SiteROCK employees are required to read through several 3-inch-thick bindersof standard operating procedures before they can work in the command centre.As each shift comes to an end, the staff must shuffle through 90 minutes ofpaperwork before handing over the keys. "Not everyone would be able to dothis job. You have to be able to follow directions and follow the processes,"says Lori, a customer-support specialist at SiteROCK.Use the Burns and Stalker Model to determine the structural organization ofthis company and state the merits and demerits of this structure.

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Answered: Your firm would like to purchase a very…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Q.2. Discuss the implication of strategic supplier management strategies in enhancing supply chain resilience and competitiveness.
QUESTION Research shows that around 33% of the companies cancel their outsource contracts within 5 years and another 50% found themselves in dispute with the outsourced contractor. There are a number of issues and problems associated with an outsourcing decision. However, still many companies continue to outsource most of their logistics operations. Discuss the possible reasons for apparent failures in outsourcing contracts. Explain how Carter’s 10Cs model can be used as a checklist when undertaking supplier appraisal and evaluation during the sourcing process. List and explain the 10 element in Carter’s 10Cs model and explain why they are important when evaluating suppliers. Note: Procurement & Sourcing Management
Question-1) Read the below scenario and answer: Cisco’s model of building a seamless supply chain is one that many companies can follow. It proves that you do not have to own or control most of the elements in your supply chain, yet have complete visibility of the chain. The Internet allows companies to coordinate more closely with their suppliers and also enables just-in-time delivery that lets businesses greatly reduce inventories. Cisco’s suppliers build and ship while Cisco handles all of financial transactions. This is an excellent instance of control/demand uncertainty fix. 3. Implement SCOR model and mention the demand and supply uncertainty with the help of diagram. 4. Identify if Cisco is following push strategy or pull strategy and explain how?
Question-1) Read the below scenario and answer: Cisco’s model of building a seamless supply chain is one that many companies can follow. It proves that you do not have to own or control most of the elements in your supply chain, yet have complete visibility of the chain. The Internet allows companies to coordinate more closely with their suppliers and also enables just-in-time delivery that lets businesses greatly reduce inventories. Cisco’s suppliers build and ship while Cisco handles all of financial transactions. This is an excellent instance of control/demand uncertainty fix. Discuss your understanding about Supply Chain Visibility. What is your inference about technology in the context? Implement SCOR model and mention the demand and supply uncertainty with the help of diagram. Identify if Cisco is following push strategy or pull strategy and explain how?
Question-1) Read the below scenario and answer: Cisco’s model of building a seamless supply chain is one that many companies can follow. It proves that you do not have to own or control most of the elements in your supply chain, yet have complete visibility of the chain. The Internet allows companies to coordinate more closely with their suppliers and also enables just-in-time delivery that lets businesses greatly reduce inventories. Cisco’s suppliers build and ship while Cisco handles all of financial transactions. This is an excellent instance of control/demand uncertainty fix. REMAINING PARTS 3. Implement SCOR model and mention the demand and supply uncertainty with the help of diagram. 4. Identify if Cisco is following push strategy or pull strategy and explain how?
Question Six: The Financial Statement of your company shows that your profit is $20,000 (as shown in the table below) inadequate for expanding your business. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. If you would like to improve the profit line to $30,000 so you can obtain the bank's approval for the loan. ITEM Sales Cost of supply chain purchases Other production costs Fixed costs Profit Dollar S 400,000 300,000 40,000 40,000 20,000 % of sale 100% 75.0% 10.0% 10.0% 5.0% a) What percentage improvement is needed in a supply chain strategy for profit to improve to $30,000? What is the cost of material with a $30,000 profit? b) What percentage improvement is needed in a sales strategy for profit to improve to $30,000? What must sales be for profit to improve to $30,000? Foff
The primary purpose of service-level agreements is to: Question 7 options: Ensure stability of the currency exchange rate Fix the prices for the goods you import from overseas Express an intent to delegate some services to a foreign-owned firm Ensure some quality standards while contracting some activities at third parties
3.-What does it mean not to take advantage of the discount granted by the supplier for prompt payment? A) A punishment for paying early B) A penalty for not paying on the agreed date. C) Charge a financial cost to the purchase operation. D) A saving for paying less
You have recently been appointed as the executive director responsible for the purchasing function at Pick’n’Pay, which is one of the leading supermarkets in South Africa and other African countries. You notice that there are no documents that outline the roles and responsibilities of the buyer as well as the criteria that is used to select suppliers. Q.1 SIX criteria that yuo need to consider when selecting fruit and vegetable suppliers.
3.-What does it mean not to take advantage of the discount granted by the supplier for prompt payment? A) A punishment for paying early B) A penalty for not paying on the agreed date. C) Charge a financial cost to the purchase operation. D) A saving for paying less (Choose one option)
Q 5 You have been working in the accounting department of AAA Limited since 2000. During this period, you have performed various roles, including: Evaluating the purpose and role of accounting information systems in achieving the overall objectives of the organisation, Articulating the various transaction cycles, financial reporting, management reporting systems and ecommerce systems to technical and non-technical stakeholders, Evaluating systems development methodologies and the role of accountants in system development projects, Appraising the risks inherent in computer-based systems/ERP, including the role of ethics and the various internal control processes that need to be in place, and Critically evaluating the range of cultural, security, privacy and ethical issues. Recently, you joined another company for a senior role as a chief information officer. You are excited to perform this senior role. David is the chief executive officer (CEO) of your organisation, and he is…
MCQ question:- 1. If your supplier becomes more profitable, Group of answer choices : A. Unless there are synergies created, it will not make you more profitable B. You become less profitable by acquiring it C. YOu will become more profitable by acquiring it D. None of the above Only typed Answer

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