CASE STUDY 1 – MCDONALD’S Industry Analysis – Understanding the External Environment Step 1 – definition of industry, its value chain and industry segments Industry | Industry segment | Product segment | Restaurant | Informal Eating Out (IEO) | Fast food | Step 2 – Industry life cycle Maturity 1. Growth rate reduced, revenue increased at a decreasing rate?? 2. Emphasis on cost control and/or product differentiation/market segmentation (e.g. premium Angus beef burger and healthy
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involvement and management of stakeholders is almost always a critical success factor. Project managers should therefore have a formal stakeholder management process that is appropriate for the circumstances of the project. The Stakeholder Management Cycle Stakeholder
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to be put into effective use. For example, Design for Assembly (DFA) concentrates on the enterprise process of an Assembly that is part of the life cycle production. DFA take into account five to nine key factors associated with the subject product, incorporating part symmetry, weight, fits, size, form features, orientation and so on. It takes into account 5-9 key factors associated with the assembly process such as gripping, special tooling, inserting, equipment, handling and so on (Filippi &
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significant, extensive management is required. This is how a certain priority can be established in dealing with the risk.Apart from this, typically most of the organizations follow a risk management cycle. Refer diagram below:According to this cycle there are four steps in the process of risk management. The first step is the assessment of risk,
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Marketing Logistics Production Marketing Logistics Production Marketing Logistics Production Marketing Logistics Production Marketing Logistics Production Marketing Logistics as it relates to Production Logistics Production and Marketing Marketing Logistics Production Term Paper for Physical Distribution Class Marketing Logistics12/25/2012 Production Marketing Logistics Nahom GetachewProduction - UU47997E Samuel Fikre - UU48012E Marketing Logistics Production Marketing Logistics Production Marketing
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subject I got acquainted with the definition of consumer behavior. The main object of the system of marketing is good`s customer (or consumer) which can be an individual person or a whole organization. All final consumers combine to make up the consumer market. It is important to know the degree of involvement of certain groups of consumers in making decisions about the purchase of certain goods. In the system of marketing the key role is the understanding the mechanism of formation of purchasing decisions
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of maintenance/service Product or Service Design Activities 1. Translate customer wants and needs into product and service requirements 2. Refine existing products and services 3. Develop new products and services 4. Formulate quality goals 5. Formulate cost targets 6. Construct and test prototypes 7. Document specifications Reasons Design or Re-Design : The driving forces for product and service design or redesign are market opportunities or threats: - Economic - Competitive
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I. INTRODUCTION This IDoc describes use of the Unified Modeling Language (UML) to model and document Accounting Information Systems (AIS). The objective of modeling AIS is multifaceted and can be to: visualize, understand, summarize, detail, analyze, design, develop, implement, operate, secure, control, or audit the AIS. UML is a powerful modeling language and technique for all of these modeling tasks and is more robust and semantically superior to the commonly used Structured Analysis (SA) modeling
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2 1 External Audit – Sources of Information •Internet •Libraries •Suppliers •Distributors •Salespersons •Customers •Competition 3 External Strategic Management Audit - The macro environment Scanning (PESTEL analyses, Scenarios) - Industry or Sector Analysis (5 forces, industry/product life cycle) - Competitors scanning (Strategic Group Map, CPM) - The Organization responses (EFEM) 4 2 Layers of the business environment 5 Key Aspects of PESTEL Analysis •
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activities, are of finite duration, and are all, to a degree, unique • Difference between process and project – Process refers to ongoing, day-to-day activities in which an organization engages while producing goods or services; process uses existing system, properties, and capabilities in a continuous, fairly repetitive manner – Projects take place outside the normal, process-oriented world of the firm What is a Project (con’t) • A project can be considered to be any series of activities or tasks
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