...HBS CASE: THE COOP – MARKET RESEARCH 1. What is the size of the loss at the Coop? What could have been attributed to this loss? (Be thorough in your analysis) I think that the company incurred a loss of 1.3 Million for the year 1995 (attached excel sheet that shows my calculations). The reasons that could have led to this lost were: * Decline in sales – 6% decrease in sales of 20 out of 76 stores * No proper sales strategy * No depth knowledge about the market or the competitors * No proper market segmentation – wide age of customers 18 -45 years male and female * Constant increase in the food, labor and contribution cost * Deteriorating the food quality by expanding the food menu * Change in customers taste with time * Less spending * No employee satisfaction * No. of units sold is the same but the revenue generated is lesser 2. Analyze the dynamics between McMichael and Wallace. Are they looking in the same direction? Why, why not? Anita McMichael and Trevor Wallace both recognize that The Coop needs to grow directionally by investing money in research to address the lack of quality and customer satisfaction issues. But both have a different approach to market research. McMichael believed that the underlying problem was to do with the operations, either customer service or food quality. Whereas, Wallace believed that the problem involved the company’s brand image and marketing activities. Hence, both are thinking and focusing...
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...Practice……………………………………………………………………………………………………………..4 1.3. Technological Advancement……………………………………………………………………………………………5 2. Review of Literature..….…………………………………………………………………………………………………….6 2.1. Case 1…………………………………………………………………………………………………………………………….6 2.2. Case 2…………………………………………………………………………………………………………………………….7 2.3. Case 3…………………………………………………………………………………………………………………………….8 2.4. Case 4…………………………………………………………………………………………………………………………….9 3. Conclusion…..…………………………………………………………………………………………………………………..10 4. Reference… ….………………………………………………………………………………………………………………….10 1. INTRODUCTION In this paper, I am going to look at the issue of People Management within the Business Process Management. People, in the general sense would mean all humans who come into contact with the business at all levels of the business process. The people could be categorized in these categories:- 1) Customers – the people who pay for goods or services from the business. 2) Business Actors (workers) – the people who work within the structures of the business and are paid for their service to the customers. 3) Suppliers – People who sell goods or services to the business. For the purpose of this paper, we shall narrow our focus to the Business actors (workers) and we shall refer to this group as “People”, without regard to the rest. Over the years, there have been tremendous changes in how the people interact with the businesses. Some people would call the changes progress...
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...we push our teenagers and young adults to strive well with their academics in high school. With that being said, there are so many unknown factors that come with it. With trying to strive with academics in high school, teenagers and young adults deal with those un-surfaced factors. They may have to deal with fitting in at school, per pressure, not being confident and cultural differences. These factors are all equally important but a factor that makes it almost unbarring to learn is Bullying. Although bullying affects all victims, one group in particular that is bullied the most is self-identifying gay teens in high schools (Wallace 2011).In my research I am going to note the facts on what it is to bully a gay class mate, the reaction from schools, how often it happens, why it happens, the consequences, and how bullying can be stopped in high schools. Research by Wallace (2011) suggests that bullying is a form of horrible harassment. Wallace (2011) said that conduct that is sufficiently severe, persistent, or pervasive to limit a student’s ability to participate in or benefit from a public school education program or activity is considered bullying. Research by Fleming ,Meadows, Bob (2010) say that bullying creates a hostile or abusive educational environment at a public school including acts of verbal, nonverbal, and physical aggression. Webley (2011) did research on boy named Dylan living in Saukville, Wisconsin who started getting bullied when he was ten years old. They...
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...Brandon Butler Case Study Week 3 MAN 3100 HR 1. What type of personality characteristics should you expect to find in a successful store manager? Why are each important to the manager success? Compare them to the personality traits exhibited by Wallace. Every individual has a personality different from the next individual. I think the most important trait is leadership. Listening to other collaborators' issues is not adequate. A decent chief needs to comprehend them and demonstrate his dedication to the group objectives. It's likewise his obligation to characterize objectives together with his group and allocate the obligation to colleagues in an unmistakable way. He has an unmistakable vision in what course he needs the group to develop. He ought to "taint" others with this vision and make them take after the same heading. Compared to Wallace, his leadership skills are much less affective, because he is too harsh on the employees. 2. How is Wallace’s personality affecting the attitudes of the workers? What does he need to do to build a better working relationship with his employees? What are his chances of changing in three months? Wallace’s terrible personality is causing the employees to care less about their positions, because he cares less. He is in a position of power and what he does leads by example, and his employees will follow suit. Employees referred to him as an army drill sergeant, and uncaring of customers feelings. His chances of changing in three...
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...STRATEGIC MANAGEMENT (Case Study-The Wallace Group, Inc.) ronald s. leabres JANICE FAYE S. ANG Professor Masters in Business Administration College of Business Administration and Accountancy Central Luzon State University Science City of Muñoz February 23, 2011 CASE ABSTRACT The Wallace Group is devised of three operational groups which include Electronics, Plastics and Chemicals. Harold Wallace was the original owner of the electronics company, but now has 45% of the group after acquiring the plastics company and then the chemical company. He also serves as the Chairman and President of the Wallace Group, but each group is run by a Vice President. Recently, Hal Wallace hired Rampar Associates to put together an effective sales presentation. Included in the presentation would be set of priorities to focus on over the next year, a clear plan and the expense. Frank Campbell, the Vice President of Industrial Relations, sums up the Wallace Group problem in a simple statement. He said, "Morale is really poor here. Hal runs this place like a one man operation, when it's grown too big for that." Frank also mentions that it took a the entire company revolting against him to finally make the President take action. Therefore, the most important problem facing the Wallace Group, is Harold Wallace himself. However, the problems do not stop there. In his interview, Hal mentions two key factors also contributing to his bad business etiquette. First, Hal admits he...
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...justice system has made changes accordingly to protect the victim and ensure safety from the abuser. Elder abuse occurs to those who are older, vulnerable, frail, and cannot help themselves. Elder abusers can be men, women, family, or caretakers with no extent of harm they cause on the elder. Abuse is a problem that is present in today’s society among all race, genders, and ethnic groups. Special populations experience different types of victimization in society as well. The problem of abuse effects all individuals and many factors play a role in the abusers intent to harm. Intimate partner abuse is defined as any intentional act or series of acts that cause injury to the partner. The acts may consist of physical, emotional, or sexual (Wallace & Robinson, 2011). Intimate partner abuse occurs among all socioeconomic, religious, and cultural groups. Intimate partner violence is just as the term “family” it is ever-changing and dynamics differ. The issues associated with intimate partner abuse is first and foremost; one of the most commonly misunderstood issues with the study of family violence (Wallace & Robinson, 2011) . There is no set characteristics or personality traits for those who abuse partners. There are theories that suggest reasoning’s but still more research is needed for the problem of partner violence abuse. The term “partner” is broad in terms of abuser...
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...Available online at www.sciencedirect.com International Journal of Project Management 28 (2010) 422–427 www.elsevier.com/locate/ijproman Effect of a virtual project team environment on communication-related project risk April H. Reed *, Linda V. Knight 1 Department of Management Information Systems, College of Business, East Carolina University, United States College of Computing and Digital Media, DePaul University, United States Received 25 March 2009; received in revised form 13 July 2009; accepted 4 August 2009 Abstract Over 150 Information Technology practitioners participated in a study of differences in communication risk between traditional project teams and those that operate virtually, with some team members physically remote. Contrary to prior research, results indicate the level of risk from inadequate communication is not significantly greater when team members are not grouped in one location. Further, despite increased dependence of virtual teams on technology for communication, there was no evidence of significantly more project risk due to technological failure. However, virtual team projects exhibited notably more risk due to insufficient knowledge transfer. A plausible explanation is decreased implicit or informal knowledge transfer in virtual environments. We conclude that the possibility of insufficient knowledge transfer should be included in virtual project risk management plans, and consideration should be given in such projects to the extent to which...
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...more persons, for the primary purpose of exchanging information (Wallace, 2009). Communication requires transmitting an idea, sending the idea through a medium, receiving the message, understanding the idea, and providing feedback to the message sender (Wallace, 2009). Transmitting an idea suggests the adaptation of one or several thoughts and the desire to say these ideas. Often, people may have ideas that they wish to transmit without knowing when it is appropriate to express the idea. Once a message has been formed, it must be sent (Wallace, 2009). The way to transmit an idea is either orally, written, or through action. When a message is transmitted orally, it is received through many variations. If it is shouted, it could be taken negatively. If it is in a softer tone, this would suggest a friendly suggestion. When a message is transmitted through writing, it is documented for further use at a later time. The receipt of a message is a critical part of the communication process. It is the opposite of message transmission in that the message must be received and acted on in order for it to be effective. Understanding the idea of a message entails that someone must be able to comprehend what is being said. The sender should place himself or herself in the position of the receiver to ensure that the message is clear and concise. Providing feedback to the sender is the final phase in the communication process (Wallace, 2009). This is the point at which the communication cycle is...
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...Police Officer Verbal And Nonverbal Communications CJA/304 Law enforcement officers who understand how to handle the public press will likely able to have an effective communication with them. The public press has a job to complete just like law enforcement officers do as well (Wallace & Robertson, 2009). Their role is to inform the public of news and events, which may affect the public. Although law enforcement officers communicate with citizens and other law enforcement officers, speaking through the press to the public is a different perspective. There may be times when a police officer may have to speak to the media. One obstacle for police officer speaking publicly to huge group of people, they may develop stage fright (Wallace & Roberson, 2009). Some people have a naturally talent at public speaking better than others. However with continual practice, and mastering a few techniques, anyone can conquer the fear of public speaking. “Public speaking is simply talking to more than one person’ (Wallace & Robertson, p. 78, 2009). While dealing with the media, police officers cannot afford to be shy (Garner, 2003 – 2013). Police officers must have “the ability to communicate clearly is a necessity; communicating effectively with the public is an absolute necessity” (Garner, para. 1, 2003 – 2013). For police officers, the media is a tool to reach out to the public. Police officers should have a professional look when giving a speech...
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...Trinity Industries. The first President and CEO of Trinity Industries was Ray Wallace, who worked for Trinity Steel at the time of the merge. From inception Trinity Industries has been driven to be at the top of the markets it operates in, and today this remains the goal. Trinity Industries Inc. Trinity Industries Inc. Trinity Industries is “divided” into five different business segments, the Rail Group, Railcar Leasing and Management Services Group, Construction Products Group, Energy Equipment Group and the Inland Barge Group. Each segment specializes in providing different products and services. Within each business segment Trinity owns and operates numerous businesses. Inland Barge Manufactures inland barges and fiberglass barge covers Inland Barge Manufactures inland barges and fiberglass barge covers Energy Equipment Manufactures multiple products including wind towers and utility steel structures Energy Equipment Manufactures multiple products including wind towers and utility steel structures Construction Products Manufactures highway products and other steel products Construction Products Manufactures highway products and other steel products Railcar Leasing and Management Services Provide comprehensive rail industry services Railcar Leasing and Management Services Provide comprehensive rail industry services Rail Group Leading manufacturer of freight and tank rail cars Rail Group Leading manufacturer of freight and tank rail cars Manufacturing Companies ...
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...Milgram, S. (1963) Behavioural Study of Obedience Case Study #2 Social Psychology Important terms: * Obedience: The psychological mechanism which links individual action to political purpose, the dispositional cement that binds men to systems of authority. * GADH: The “Germans are different hypothesis” * Dispositional attribution: This is believing that a person's behaviour is caused by an individual's personality or disposition rather than the situation they are in. * Situational attribution: This explains behaviour in terms of aspects of the situation that a person is in rather than the person's internal characteristics such as personality Background/Context: Milgram’s study is an attempt to test ‘the Germans are different’ hypothesis. The Germans are different hypothesis states that German’s have a basic character deficit which means they have a readiness to obey people in authority regardless of the act they are being asked to carry out. The Germans are different hypothesis is an example of a dispositional attribution as it is arguing that the cause of behaviour is believed to result from the persons own personality or characteristics. However, Milgram set out to question this dispositional attribution of the Germans. He believed that the situation had led to the inhumane behaviour of the Nazis and therefore that anybody in the same situation as those committing such atrocities would have done the same in the same circumstances. Milgram argued...
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...Internet Pornography: Freedom of Press or Dangerous Influence? The topic of pornography is controversial many times because of the various definitions which each have different contexts. Is it nudity, sexual intercourse, art, or all of these? Is it magazines, videos, or pictures? For the purposes of this paper, pornography will be defined as any material that depicts erotic behavior and is intended to cause sexual excitement. With all of the arguments presented in this paper, it seems only a vague definition of this type can be applicable to all views on the subject. Pornography on the Internet has brought about difficulties pertaining to censorship. All of the arguments in this paper can be divided into one of two categories: those whose aim is to allow for an uncensored Internet, and those who wish to completely eliminate pornography from the Internet all together. All arguments for an uncensored Internet all cite the basic rights offree speech and press. While arguments in this paper are international, almost everyone of them cites the First Amendment of the United States. In many of the papers it is implied that the United States sets precedent for the rest of the world as far as laws governing the global world of the Internet. Paul F. Burton, an Information Science professor and researcher, gives many statistics showing that presence of pornography on the Internet is not necessarily a bad thing. He gives one example that shows that "47% of the 11,000" most...
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...afafasfasfasfafafas CASE STUDY – INDIAN BEER INDUSTRY Microeconomics Group Assignment Group 3: Shubham Arora – 3 Karthik B – 4 Manisha Garg – 19 Rama Lakshmi M - 32 Sstitute of Management S.P Jain Institute of Management and Research Research Indian Beer Industry – Case Study Analysis The Indian beer industry has been witnessing steady growth of 7-9% per year over the last ten years. The rate of growth has remained steady in recent years, with volumes passing 100m cases during the 2005-2006 financial year. With the average age of the population on the decrease and income levels on the increase, the popularity of beer in the country continues to rise. Industry Consolidation and Emergence of a new Bi-polar Market Dynamic The Indian beer industry has witnessed a big change during the last five years. The industry was previously dominated by competition between the Vijay Mallya-controlled United Breweries Group and the Manu Chabbriacontrolled Shaw Wallace. The scenario changed, however, with the entry of SABMiller in India. The international beer giant started by acquiring small breweries in the south but then completely changed the landscape with the acquisition of Shaw Wallace’s beer portfolio for a reported US$132m in 2003. This gave SABMiller ownership of strong brands like Haywards 5000, along with its existing brands. After the acquisition, SABMiller focused on spreading its footprint across India, including opening new breweries in states where Shaw Wallace did not have a presence...
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...a major threat. Lupus (SLE) is an autoimmune disease, which makes the affected person's immune system hyperactive (Hughes, 2000). This entices the immune system into treating all living structures as foreign. As a result, the immune system directs antibodies even towards the healthy tissue in the body since they also register as antigens for the system (Rhines, 2012). The symptoms of the disease manifests in different ways, such as in the form of tissue inflammation, or swelling. In severe cases it can even manifest in the organ systems damaging lungs, heart, kidneys, and even blood (Lahita & Phillips, 2004). Symptoms are different from person to person and at times be transient. Some of the more common symptoms include: Skin rash that may be widespread and exacerbated with exposure to sunlight, photophobia, fatigue, and chest pain when taking deep breaths (A.D.A.M., 2011). Many people maintain the opinion that there is only one type of Lupus. However, this is not the case. There are numerous kinds of lupus with the most common being Lupus (SLE) – often termed as generic Lupus. This form attacks entire organs systems of the body, damaging them severely (Lahita & Phillips, 2004). The problem with Lupus lies in its lack of detection, it has an insidious onset, progression resulting in delayed or lack of treatment. Furthering these risks, patients without adequate health coverage often forgo treatment due to the cost incurred with existing procedures. (Lahita...
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...the most successful for alcohol dependence and why. Once all of this is understood then alcohol dependence can be a little clearer. Alcohol dependence is a growing problem in world and further research is being done to hopefully get this problem under control (Butcher, Mineka, & Hooley, 2013). Description of Alcohol Dependence Around twelve percent of American grown-ups have had an alcohol dependence issue during their lifetime. The word alcohol dependence has substituted alcoholism as a word in turn that people do not suppress the thought of cure and illness, but could consider alcohol as a chemical they might be contingent upon deal with environmental stresses. The modern description of alcohol dependence is still founded upon prior studies. There has been significant scientific endeavor during the previous couple decades to recognize and comprehend the central characteristics of alcohol dependence. This labor started in 1976 when Griffith Edwards, a British...
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