manufacturing activities to foreign destinations for better cost efficiency. * Supply chain: use of better technology and latest software to streamline and improve different components of supply chain management like distribution and sales. * Insourcing: just the opposite of outsourcing, the local
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SAMPLE CASE STUDIES – OPERATIONS Case Study 1 Make Versus Buy Case ABC Ltd. is a manufacturing company engaged in the manufacturing of valves. They have been in the business for last 3 years and have been manufacturing only one type of valves. They started their business initially with sales of 10,000 valves per month and now they have grown the volume to about 50,000 valves per month. They have been buying all the raw material for the valve and were doing all the manufacturing in house
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Workplace Legal/Ethical Issues – Summary Paper BUS 670 – Legal Environment Instructor Troy Tureau September 19, 2011 Workplace Legal/Ethical Issues – Summary Paper Legal and ethical issues are prevalent in the today’s workplace. That is one reason why many companies have a legal department within their organization. It is the management team’s responsibility to set the tone for their organization’s ethical and legal behavior. It is also management’s responsibility to ensure that their
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Topic: Skills development in the financial sector: A Namibian case study HN Muyoba Student No. MYBHER001 Assignment 1: Literature Review Research Methods BUS5004W MPhil: People Management (2014 intake) Contents 1. Introduction 3 1.1 Definitions 3 1.2 Background of the Study 4 1.3 Aims of the Study 5 1.4 Study objectives 5 2 The research problem 6 3 Research Questions: 6 4 Literature review 6 4.1 International perspective 6 4.2 African perspective 8
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Outsourcing Jobs to Low Wage Countries Research and Key Issues Business outsourcing, a practice that was previously shrouded in controversy has become commonplace, not only among technology firms but also the IT departments of established companies in various industries. The bulk of overseas outsourcing, a practice that involves companies in economically developed nations shipping jobs to businesses in developing countries, has expanded after the practice became fashionable during the period of
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Chapter 01 Human Resource Management: Gaining a Competitive Advantage True / False Questions 1. Companies have historically looked at HRM as a means to contribute to profitability, quality, and other business goals through enhancing and supporting business operations. True False 2. The human resource department is most likely to collaborate with other company functions on outplacement, labor law compliance, testing, and unemployment compensation. True False
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ssing strategic alliances – both with traditional supply chain partners as well as with long-time competitors. As well, it has proved its worth at companies far removed from the relatively slow-clockspeed, manufacturing-intensive automotive industry. This paper describes the analysis process, the decision model, and the resulting improved process for value chain strategy at GMPT. The value analysis process emphasizes the need to balance quantitative financial considerations with less-easily quantifiable
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------------------------------------------------- Fall 2013 – Mini project “The World Is Flat” November 18, 2013 Part I “The World Is Flat” The Triple Convergence The ten world flatteners mentioned in chapter two of the book “The World is Flat” together shaped a new global platform and embraced a new workflow system. This new platform permitted the world to join forces and interconnect in ways it had never interconnected before. Thanks to this new platform, geography, time, or
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42. Feedback regarding previous actions may affect a. future predictions. b. implementation of the decision. c. the decision model. d. all of the above. Answer: d Difficulty: 2 Objective: 1 43. Place the following steps from the five-step decision process in order: A = Make predictions about future costs B = Evaluate performance to provide feedback C = Implement the decision D = Choose an alternative a.
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Foundation Core Units Multiple Choice Test Section 1 Developing Yourself as an Effective HR/L&D Practitioner Question 1 “Effective HR professionals really have to succeed by understanding the business, the market and the customer as well as the Chief Executive or the Marketing Director. It’s about understanding what the organisation would look like if it was really humming, really succeeding. Translating that back into culture, working practices, learning, motivation, reward, selection
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