Free Essay

Company Visit

In:

Submitted By brittanyjacinda
Words 1881
Pages 8
Company visit/ guest lecture | Highlite Kerkrade | Subject and relation to marketing, finance or law in week … and lesson | A company trip to Highlite was arranged by the course coordinator Mauk Wilbers. | | Summary of company visit/ guest lecture (between 240-280 words). Study the company website. Do research and find a competitor, client and supplier for this company. Give your comment on the relation with these 3 parties. Think in terms of opportunities and threats (external analysis) and Porter’s framework. Describe the three questions you prepared for the company visit or guest lecture concerning export, law, finance and/or supply chain management and logistics, the analysis and the answers. | When we went to Highlite Kerkrade we were taken in by the vice president Patrick Hervelle, who has been working at the company for sixteen years. The company was started in 1994 with an earlier version created in 1993 in Huls. When they first started they were only hired for bands and provided their sound equipment but that quickly escalated. Highlite is the main importer and wholesaler of audio and lighting for the entertainment and architectural industry; they are a ‘one stop solution’. Right now they have 141 fulltime employees with 28 across Europe and on the road. They have a yearly turnover of 40-45 million euros; they import 30 million from China and export their product to over 70 countries and have more than 4000 customers worldwide. They have started their own branches in Italy, Spain, the United Kingdom, and are starting to establish one in Honk Kong. They work with several major brands such as, Dutch Media Tools, DAP Audio, Show Tec, Artecta, and Infinity Line. This company does not do installations they only provide their products to companies and they either do the installation themselves or hire an outside contractor to do it. They strive to send out shipments the same day if the order is placed before 2, it is then out the door by 5. They invest in a lot of inventory in china because they need to calculate for the months to come, for example around Christmas; sometimes it take 4/6/8 months for an order to get to them. Competitor: Flashlight, AED, American DJ, Purple Group BVSupplier: Infinity Live, Artecta, (DMT, DAP Audio, Show Tec); combination of their own products and products from their suppliersClient: Big Brother, The Voice of Holland In relation to porters five forces and relating that to competitors, suppliers, and clients:Threat of New Entrants: There are always new entrants but depending on how successful they are this company should not be worriedThreat of Substitution Products: There is always a threat of new products that could be used a substitute but they have loyal customers and I think that is how they retain their loyalty.Supplier Power: I think they have a good lead on supplier power because they manage to work well in partner with other suppliers to give their customers good products. I think there is a good amount of competition but they have managed to ground and set themselves up in such a way that they have managed to achieve nothing but success. Buyer Power: I think power cannot be too manipulated here because I feel like loyalty form their customers is what keeps them coming back. If the customers are satisfied with the product, the quality, and the pricing; they have no reason but to come back. Unless one of these products gave their customers a bad feeling, that is when they have a reason to switch, and Highlite should look at what went wrong here. Internal Rivalry: They have quite a few existing companies with whom they could have a competition with but with their numbers and with an expansion starting to come up in Hong Kong I don’t expect them needing to be so worried. 1. How do you supply all your products? They import 30 million euros worth of product from china which they logistically need to plan in relation to holidays and shipping time which can be either 4/6/8 months. 2. Do you do the installations yourself after you have sent the product out? Once they have sent their product out to a customer the customer either installs the product themselves or they hire an outside contractor to do it for them, they never do installations themselves. 3. In regards to logistics do you have issues when it comes to supply and transport from China? There are always things that you need to worry about; in regards to logistics and supply and transport there are always things that they need to worry about such as risk and liabilities that they need to take and then what if of transportation and country issues. They say it always sounds easier than it is, it requires good organization of your transportation and logistics to get things properly and on time. | |

Guest lectures and company visit Special topics 3 Block 3.4 | Name student | Brittany Young | Student number | 1137697 | Company visit/ guest lecture | International Trade Management by Dr. Mohammed Khalil | Subject and relation to marketing, finance or law in week … and lesson | Emerging Markets in Today World. | | Summary of company visit/ guest lecture (between 240-280 words). | This week we had a lecture from one of the new professors at our university, Dr. Mohammed Khalil who is originally from Morocco and has come here to work on research and practice in regards to projects about emerging markets. In his talk he focused a lot on exemplifying the markets in India, China, and Asia because he says by 2050, they will be emerging high GDP countries unlike today it is the United States and Europe. He has worked with Philips and Saint Gobain and in the last 15 years he has worked on coaching students who have left university and are going into the working world. He also has his own lighting company and he focuses on how he can bring LED lights into the market. During his lecture he went on to show us many examples of how people in emerging markets are using, sometimes their harsh situations, and making money. For example in Africa people have made a business charging peoples phones for 20 cents a day; they simply drop their phone off at the shop and pick it up in the morning. He gave more examples with air purifiers, white goods, bread machines, developed bank applications, blindness, water access, and education. His big point during his lecture was that you cannot transplant a domestic market business models to a new market because it will not work; you cannot sell things to customers who aren’t in your usual market if you do not know their culture. Client: Philips, Saint Gobain Supplier: His own LED Company and the partner companies on his various projectsCompetitor: Philips | |

Guest lectures and company visit Special topics 3 Block 3.4 | Name student | Brittany Young | Student number | 1137697 | Company visit/ guest lecture | Ritva Junna Satakunta from Finland | Subject and relation to marketing, finance or law in week … and lesson | She talked about the import and export of goods from Finland | | Summary of company visit/ guest lecture (between 240-280 words). | This week we had a guest lecture from Ritva Junna Satakunta who came to us from Finland and talked to us about foreign trade in Finland. She began the lecture by telling us something about Finland and the Lapland area. When she started to talk about the economy she began by telling is that in the last years the finish economy has been decreasing; she says this is because the wood industry has sank leaving not so much for the production of paper. Also one of the biggest companies, Nokia, was sold to Microsoft and this resulted in many manufacturing plants needing to be shut down.Because of sanctions in Russia, they have also decreased their trade with Finland; this has now pushed Germany and Sweden to be their top trade partners. Although they still feel as if they are very dependent on Russian oil and gas, they are looking for other countries to take this spot and at this point and time this country look like Norway. Finland’s current account has been in a deficit since 2011 and this should improve within the next couple years because of an increase in export services revolved around technical knowledge and engineering; something that they can look at of an example is the snow mobile project in which Lapland students won an award in when they went to a competition.The next day in our marketing class we had another lecture from Ritva Junna Satakunta and she showed us the export of child playgrounds from Finland to areas all over the world and all the different variations they can come in depending on their demographic and the region of the world they are planning to put it in. | |

Guest lectures and company visit Special topics 3 Block 3.4 | Name student | Brittany Young | Student number | 1137697 | Company visit/ guest lecture | Ger Schuivens on June 3rd, 2015 | Subject and relation to marketing, finance or law in week … and lesson | We had a guest lecture from one of the university teachers, Ger Schuivens | | Summary of company visit/ guest lecture | This week we had a guest lecture from one of the teachers at our university on the topic, “breaking all the trends’. He based a lot of the information he talked about in his lecture off of a book he highly recommended, ‘No Ordinary Disruption’, and this book goes on to explain all the trends and developments which the author predicted and then the ones that he did predict and came true and other that he never foresaw coming and become one of the most used products in the world today, i.e. mobile phone and internet social media websites. He emphasized a lot of the issue of megatrends. Megatrends are developed and emerged through a global, sustained, macroeconomic force. The top mega trends that stand to develop in the future with the most potential are; urbanization, technology, demographics, and globalization. The change that will come into play with this mega trends are 3000 times what we are thinking of now. These four major forces ae going to cause a major rift in the global environment; urbanization will increase and more and more people will cram themselves into living in the cities; i.e. The situation with Hong Kong.With these megatrends there will be some changes to technology, as in how fast it will start changing. The main technologies that we should look out for in regards of having a major movement in change, in order to deal with people capacity, is mobile internet, knowledge automation, and social media. In 2050 the average life expectancy for males will be 87 and females 90; there will be a 25% increase in longer life expectancy within the next 35 years. This means that in 2020 every 10 working class citizen will need to be able to take care, financially, of 13 elderly people. Because of this, especially in the United States, the cost of care for the elderly and putting them into homes to get sufficient care will increase with a heavy financial burden. | |

Similar Documents

Free Essay

World Literature 1

...Rawson World Literature Assignment 1 An analysis of the role of minor characters in The Visit and Chronicle of a Death Foretold in establishing a collectivistic or individualistic society. March 13, 2011 Word Count: 1073 Rawson 1 Without any characters; there is no story. Every tale needs a knight in shining armor to save the endangered princess or a misguided hero to meet a tragic end. A protagonist and an antagonist are the most basic of writing conventions and are crucial to the story. It is important; however, to not overlook the roles of minor characters in the plot. For example, Snow White would have been a radically different story without the seven dwarves. This exemplifies how minor characters can drastically influence the outcome of a story in a number of ways. In both Durrenmatt’s The Visit and Marquez’s Chronicle of a Death Foretold, the minor characters have an influential role in determining the fate of the protagonist. These minor characters are used by Durrenmatt and Marquez to establish an individualistic or collectivistic society within their works and by doing so isolate the protagonists and lead them to their deaths. In a collectivistic society, the people tend to view themselves as part of a group and hold the needs of the group over that of the individual. This is the society which Durrenmatt has presented in The Visit. In Durrenmatt’s The Visit, the town of Guellen is populated by minor characters lacking any names. Throughout the play...

Words: 1179 - Pages: 5

Premium Essay

Report Company Visit

...dedicated to provide a detailed analysis of The Movenpick Hotel Hanoi’s selection devices for hiring employees and its strengths and weaknesses. The method of analysis used for this report are examining the Movenpick’s application form and interviewing the hotel’s Human Resources specialist-Mrs. Thoa. After analyzing the raw material from Mrs. Thoa, the results were produced. The selection process follows 3 steps with valid and reliable methods and a set of criteria: application form, interview and performance-simulation test. The strengths of those selection devices are enormous since it helps with filtering suitable candidates who meet certain key criteria with right attitude from the application form. The interview is the phase where the company can assess and gain a deeper understanding about the candidates and the final step which is performance-simulation can actually assist managers in predicting and evaluating candidates’ future performance. However; there are some weaknesses concerning cost and time that were identified while the raw information is analyzed. Before each hiring period, the hotel has to prepare everything carefully in advance, from scheduling, setup to training and report and the period of 2 months trial simulation would be too long and wasted on disqualified candidates. Therefore, the weaknesses need minimizing to enhance the overall effectiveness and efficiency of the whole process. It is recommended that the Hotel should focus a lot in training staffs with...

Words: 2755 - Pages: 12

Free Essay

Ocean Park Case Study

...OP issue & Challenges -Ocean Park was an old and tired brand and no one knew what it stood for. -HK has few scenic endowments hence need to create own attraction which take long time and high investment -Econ dwntn(1997) & SARs(2003) strike in Asia,fell by70%attendance,threat to close down. External environment analysis- PEST Factors Political -in 2009, the Govt of HK tourism board(HKTB) introduce removal of the quota of the Hong Kong Tour Group Scheme of Mainland tourists in 2002 -implementation of Individual Visit Scheme (IVS) enables Mainlander to visit HK as free and independent tourists without the need to apply for special visas. Economic As of Feb 12, high inflation rate lead to increase tickets price. From $208 (in 2009) to $280 (in 2012) .Decline in revenue will force OP to increase their retail price to sustain profit. Social -caters tourist from mainlander who are not sophisticated and they require long education campaign - Different market- locals & business group, and international tourist; family oriented Technological -use of latest technology in lighting, music and multimedia special effects, to enhance amazing undersea creatures. Industrial Analysis- Application of Porter’s 5 Forces 1. Threat of entry – very high -the entry barrier is high due to the need to invest large amount of financial resources -required land for a full scale development 2. Bargaining power of supplier (OP) – low -OP known in the industry hence weaken the bargain...

Words: 1229 - Pages: 5

Premium Essay

Acc 363 Week 3 Dq 1

...1 To purchase this visit here: http://www.nerdypupil.com/product/acc-363-week-3-dq-1/ Contact us at: nerdypupil@gmail.com ACC 363 WEEK 3 DQ 1 Why does a company decide to form as a corporation? What are the advantages and disadvantages of the corporate form of business? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 363 Week 3 DQ 1 in order to ace their studies. ACC 363 WEEK 3 DQ 1 To purchase this visit here: http://www.nerdypupil.com/product/acc-363-week-3-dq-1/ Contact us at: nerdypupil@gmail.com ACC 363 WEEK 3 DQ 1 Why does a company decide to form as a corporation? What are the advantages and disadvantages of the corporate form of business? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 363 Week 3 DQ 1 in order to ace their studies. ACC 363 WEEK 3 DQ 1 To purchase this visit here: http://www.nerdypupil.com/product/acc-363-week-3-dq-1/ Contact us at: nerdypupil@gmail.com ACC 363 WEEK 3 DQ 1 Why does a company decide to form as a corporation? What are the advantages and disadvantages of the corporate form of business? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 363 Week 3 DQ 1 in order to ace their studies. ACC 363 WEEK 3 DQ 1 To purchase this visit here: http://www.nerdypupil.com/product/acc-363-week-3-dq-1/ Contact us at: nerdypupil@gmail.com ACC 363 WEEK 3 DQ 1 Why does a company decide to form as a...

Words: 582 - Pages: 3

Premium Essay

Acc 291 Week 3 Discussion Question 1

...ACC 291 WEEK 3 DISCUSSION QUESTION 1 To purchase this visit here: http://www.nerdypupil.com/product/acc-291-week-3-discussion-question-1/ Contact us at: nerdypupil@gmail.com ACC 291 WEEK 3 DISCUSSION QUESTION 1 Why does a company choose to form as a corporation? What are the steps required to become a corporation? What are the advantages and disadvantages of the corporate form of doing business? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 291 Week 3 Discussion Question 1 in order to ace their studies. ACC 291 WEEK 3 DISCUSSION QUESTION 1 To purchase this visit here: http://www.nerdypupil.com/product/acc-291-week-3-discussion-question-1/ Contact us at: nerdypupil@gmail.com ACC 291 WEEK 3 DISCUSSION QUESTION 1 Why does a company choose to form as a corporation? What are the steps required to become a corporation? What are the advantages and disadvantages of the corporate form of doing business? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 291 Week 3 Discussion Question 1 in order to ace their studies. ACC 291 WEEK 3 DISCUSSION QUESTION 1 To purchase this visit here: http://www.nerdypupil.com/product/acc-291-week-3-discussion-question-1/ Contact us at: nerdypupil@gmail.com ACC 291 WEEK 3 DISCUSSION QUESTION 1 Why does a company choose to form as a corporation? What are the steps required to become a corporation? What are the advantages and disadvantages of the corporate...

Words: 583 - Pages: 3

Free Essay

Acc 375 Week 5 Discussion Question 1

...ACC 375 WEEK 5 DISCUSSION QUESTION 1 To purchase this visit here: http://www.nerdypupil.com/product/acc-375-week-5-discussion-question-1/ Contact us at: nerdypupil@gmail.com ACC 375 WEEK 5 DISCUSSION QUESTION 1 Do you think that consumers hold companies responsible for their actions? Why is it important to have a corporate code of conduct? How does having a code of conduct influence the company’s reputation and culture? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 375 Week 5 Discussion Question 1 in order to ace their studies. ACC 375 WEEK 5 DISCUSSION QUESTION 1 To purchase this visit here: http://www.nerdypupil.com/product/acc-375-week-5-discussion-question-1/ Contact us at: nerdypupil@gmail.com ACC 375 WEEK 5 DISCUSSION QUESTION 1 Do you think that consumers hold companies responsible for their actions? Why is it important to have a corporate code of conduct? How does having a code of conduct influence the company’s reputation and culture? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 375 Week 5 Discussion Question 1 in order to ace their studies. ACC 375 WEEK 5 DISCUSSION QUESTION 1 To purchase this visit here: http://www.nerdypupil.com/product/acc-375-week-5-discussion-question-1/ Contact us at: nerdypupil@gmail.com ACC 375 WEEK 5 DISCUSSION QUESTION 1 Do you think that consumers hold companies responsible for their actions? Why is it important to have...

Words: 701 - Pages: 3

Premium Essay

Str 581 Week 4 Strategic Growth and Evaluation

...Graded Tutorial Available At: http://hwsoloutions.com/?product=str-581-week-4-strategic-growth-and-evaluation Visit Our website: http://hwsoloutions.com/ Product Description STR 581 Week 4 Strategic Growth and Evaluation, Introduction Growth is a core objective of many organizations because it leads to increase in sales as well as revenue. However, most companies do not know the right tactics and strategies to follow in order to ensure that they grow successfully. It is also vital for companies to determine the right kind of growth that the company needs in order to meet its objectives. Therefore, involving stakeholders in that discussion in order to make the right decision is very imperative (Marquis, 2010). This paper will discuss the best alternatives of growth using Verizon as an example. Value discipline Value discipline has three forms in which different companies use to define its core objectives. Operational excellence is one of the value disciplines where by the company does not really care much about the product they are offering but the services they are offering in addition to the products. This means that the company has to ensure that all the services they offer are superior to any other company in the market. By so doing, they will be able to attract customers due to the after service they offer the market (Saks, 2009). The company offers customers with products of low prices so as to ensure that they can afford them. They also ensure that the customers...

Words: 700 - Pages: 3

Free Essay

Speech Essay

...Executive Summary The company is among the few American manufacturers, which is an important strength in the company’s marketing strategy. Many companies and consumers who purchase retail products for resale, or personal use are skeptical about the quality of their products. Hence, the fact that the company is American provides some security for the consumers and makes the company product more attractive. The ‘Made in America” brand is also a major selling point for companies and individuals outside the United States. Many countries trust the American market and associate these companies with quality. The company also has a history, which it uses as part of its work ethic and company culture. The success of the company is not a coincidence as there are several elements of the company culture and history that make it one of the remaining manufactures in the country. The essay is a brief summary of the different elements and structure of the organization. The company is an active employer in the community with twenty thousand employees. As an employer in the community, the government and other related organizations have a favorable relationship towards the company. Each of the plants has six thousand six hundred and sixty-seven employees. The company has a very efficient HR department, which is among the reasons it has managed to attain a loyal and dedicated workforce. Furthermore, to ensure that the employees are competent, the company provides each of the new...

Words: 654 - Pages: 3

Premium Essay

Business Portfolio Paper

...Business Portfolio When embarking upon any new business venture, there are many things to think about in its inception. In order to be successful, one must take the time to create a business plan that will incorporate all the aspects that a business requires. When building and maintaining a business, preparation is paramount to its success. To ensure that the business is well-established for success, certain factors must be considered. In building the business organization for the Ortiz Daycare, several things were considered in the planning stages, starting with organization of the details in setting up the facility to meet state standards. A budget for operational costs was set up to help control start-up costs of the business. The company vision was then established as a foundation for what it would take for the organization to succeed. With any new business venture there are legal and ethical issues to be considered. In order to help avoid the pitfalls that sometimes come with a new business, an employee handbook outlining the procedures and policies of the business will be created. This would help in making sure that the organization would not fall into any unethical or illegal practices. Maintaining the employee handbook, and updating it as needed, would allow for ongoing adherence to the procedures and policies. This will allow the business to create a professional culture where everyone is valued, and made to feel they are protected by the employer. In business...

Words: 989 - Pages: 4

Free Essay

Qcenter-Fivecompaniesemployeeslove-Whitepaper (1)

...CORPORATE CULTURE SECRETS OF FIVE COMPANIES EMPLOYEES LOVE How innovative companies are creating ways to build company culture while seeing tangible benefits. INTRODUCTION Creating the right culture for your company could be the best investment you ever make – and often, it doesn’t cost a dime. The world’s most innovative companies find hidden value by operating outside of established business culture. Time and time again, competitors are left asking, “How did they do that?” CORPORATE CULTURE SECRETS OF FIVE COMPANIES EMPLOYEES LOVE The answer is simple: Culture. The right culture fosters innovation, finds talent in unexpected places, and empowers employees at all levels. There isn’t a one-size-fits-all solution, but the following examples from leaders of innovative company culture will help you adopt a mindset that inspires greatness. /02 CORPORATE CULTURE SECRETS OF FIVE COMPANIES EMPLOYEES LOVE FOSTERING INNOVATION WHILE DEVELOPING EMPLOYEES If you get the culture right, most of the other stuff will just take care of itself. Tony Hsieh, Founder and CEO, Zappos.com /03 FOSTERING INNOVATION WHILE DEVELOPING EMPLOYEES Ideas From Everywhere (IFE) is a program for CareerBuilder employees, launched nearly 8 years ago as part of a company decision to adopt a strategy centered on innovation. In essence, employees are encouraged to submit their ideas for new businesses within the company. Their fellow employees are then asked to vote for the best idea...

Words: 1590 - Pages: 7

Free Essay

Decisions in Paradise

...Decisions in Paradise AJ Farwell March 19, 2012 MGT/350 Barry Haigh Decisions in Paradise Establishing more of a presence in the community on the island of Kava is a three-pronged approach. The company wants to increase their presence on the island and the government of the island is hoping that we will establish more of a presence in the business community so that others might learn and take example from the success of our company. The founder of our company believes that we should give as much as e are taking out of Kava’s economy and he also believes that we should do what is right because it is right and not because it is expected of us but because we can and we want to. This paper will discuss three different ways we as a company can increase our presence within the community to fulfill each of these categories. Our company is a very large company that has branches in several fields of business. The major branches include automotive sales and service, media companies, financial companies, and several sports franchises. In order to figure out which of these businesses would best serve in our scenario. Undoubtedly there will be a need for vehicles that can aid in the clean up process and rebuilding along with service to help repair vehicles that have been damaged during one of many disasters. The availability of media services throughout an emergency situation and the ability to get back up afterwards is crucial. Finally, a sports program would be a great way to build...

Words: 972 - Pages: 4

Premium Essay

Strategy

...driven by forces that don’t show any signs of weakening: steady population expansion, rapid urbanization, a proliferation of technology, and gradual opening up of economies and adoption of market-oriented policies. Global packaged-goods producers can gain significant foothold in these markets if they manage talent shortages, infrastructure gaps, and the highly fragmented trade landscape. There is no one-size-fits-all approach to doing this. Our research demonstrates that outperforming consumer-packaged-goods (CPG) companies use a set of standardized practices or tools across markets to determine their priorities for growth in each country. They clearly define their value propositions for customers, achieve optimal distribution, and continually strive to build sustainable operations and organizations. However, to be successful, these companies customize the standardized practices and tools based on the scale and strengths of their companies in particular regions, and local market dynamics and operational conditions. And, no matter the levers...

Words: 2864 - Pages: 12

Premium Essay

Field Study for Channel Management

...Objective Field study for “Channel Management in Unorganized and Modern Trade” Purpose A complete study to understand channel management principles/dynamics in FMCG or Durables in traditional channel and Modern Trade in Orissa region w.r.t. to Bhubaneswar and peripheral markets Which company to study? Study the brands sold in the given region(s)/ market for any of the chosen companies in Appendix 1 What to study at retailer level? Which of the brands sold by the company? Sales Mix Ratio of Fast moving and slow moving Competitor’s prices of the leading brands Margins allowed, compare with the rival brands in the same category. Any promotion scheme currently running or in the recent past. Window display, merchandising etc. (support with photograph) Reordering frequency, size, Company’s salesperson’s visit Payment terms and condition, credit offered, how many days? Any other volume/cash discount Name and address, phone no.(picture of the store location, business transaction) What to study at wholesale level? Which of the brands stocked? Qty. in approx. Margins allowed, compare with the rival brands in the same category. Reordering frequency, size. Any promotion scheme currently running or in the recent past. Any other volume/cash discount. Payment terms and condition, credit offered, how many days? How many w/s in the market you have selected / w/s dealing with any other company’s product line? Understand the operational differences in retailer...

Words: 704 - Pages: 3

Premium Essay

Scr Associates

...these sections. (Jeff Finch) I found the website to be lacking a clear history, and just a brief company description. Also, there are some obvious grammatical issues such as proper capitalization, No clear difference in size of headings in relation to paragraphs, and an overall lack of completeness. Shelly Cashman's email is on every page and suggests that this company is a "one man show." I would improve on overall contrast of the site by adding clear and distinct headings followed by more in-depth coverage of all topics. I would improve on the grammatical aspects of the site. Finally I would move Shelly Cashman's contact information to the Contact Us Page only. 2. On the SCR intranet, visit data, forms, and resource libraries and review a sample of the information in each library.(Mike Regge) Data Library – The data library is a collection of data produced by the company. It contains: A list of SCR’s positions and the people assigned to them A chart of training records from two months from a sample of students Results of a questionnaire for their training programs(includes the companies most popular courses and student ratings on how the classes were carried out.) A summary of some of SCR’s financial statistics. (includes costs for company startup, costs for the first year of operations, and projected revenue.) A map of SCR’s physical network layout An excerpt from a company meeting Forms Library – The forms library is a collection of all of the company’s business...

Words: 842 - Pages: 4

Premium Essay

Developing Good Business Sense

...management is a big deal for most businesses all over the world. In this paper I will answer four questions explaining how operating systems produce goods and services that customers receive when they visit many businesses. The four questions that are asked in the activity on page 394 of the text book are as follows in the text. Choose three companies and observe how employees Do their tasks. These can be three different fast-food restaurants or three entirely different types of companies, such as a fast-food restaurant, a department store, or the emergency room of a hospital. Think about the differences in the operations involved in the input, operations, and output stages of these companies. Try to identify the nature of their operating systems. Are employees organized in different ways? If so, why? If possible, talk to the managers and employees in these operations to further your analysis. What are the main kinds of OMM costs companies have? How does this affect their OMM operations? How do companies design their operating systems to give them a competitive advantage? (Operations and Material Management, chapter 12, 2011) Three Companies For the first question I have chosen three companies McDonald’s, UPS, and Wal-Mart. McDonald’s is a very strict and structured company when it comes to employees being trained. They have procedures and training plans they require their managers to follow when teaching their employees every position. Everything employees do is set for...

Words: 1121 - Pages: 5