Category: Business
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From Snack Store to Brand Management: A Journey and Aspiration
“Turning gloom into boom” was my 7th grade business mantra. My middle school snack store closed in the middle of the school year without warning, and this unfortunate development spurred the necessity to create a student run snack store. I knew there would be a large demand, especially in absence of any supply, so I…
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Demand Planning & Forecasting
Determining what to make requires sophisticated systems that that take into account customer needs, supplier capabilities and production capacity. Demand Planning & Forecasting systems allow companies to use the best available information to make intelligent decisions regarding production plans. Production Planning & Scheduling: For complex operations, it is a major effort to plan production given…
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Critical Analysis of the Nut Island Effect
The Nut Island Effect (NIE) is a sad but true outcome of what happens when communication breakdown within an organization. The following is a critical analysis of the events that ended in a terrible catastrophe at the Nut Island treatment plant. In our analysis we will cover the following topics as well as reference supporting…
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The Eclectic Paradigm of International Production
The dominant explanation for the growth of multinational activity since the 1980s has been Dunning’s eclectic paradigm. The eclectic paradigm is not so much a theory of international production but a framework for investigation and analysis. It represents a synthesis and integration of different theories and draws upon various approaches such as the theory of…
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Strategic Operations Management: WH Smith’s Turnaround Tale
To provide learners with an understanding of the role and importance of operations management (OM) in the efficient and effective production of goods and services. Scenario: WH Smith is a major, well-known and publically-quoted book retailer and newsagent in the UK. Recently it was reported how Kate Swann, the former CEO for the last 10…
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Managing Online Crises: Nestle’s Experience and Strategies
Communication, accelerated by the Internet and social media, functions as a platform for interaction, forums, and information dissemination. Nearly 500 million people globally use the Internet, with approximately 155 million Americans accessing it at home or work. The increase in Internet usage is significant in countries such as Japan, the United Kingdom, Germany, Brazil, and…
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Fifth Business- The Death of Boy Stauton
A discussion of the supression of guilt in “Fifth Business” by Robertson Davies. Guilt can only be suppressed for a limited time before it comes out in unwanted ways. In the novel Fifth Business by Robertson Davies, Boy Staunton -a successful business man with a polished appearance but a tortured soul- took the ultimate plunge…
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Enhancing Sales Success through Training and Reflection
Initially Mario Badescu will be depend on the export agent and retailers to do all the sales in Brazil. Mario Badescu would provide enough training to export agent’s sales force to transfer knowledge about the products. This sales force will be constantly updated and retrained for new products or product changes. Mario Badescu’s training program…
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Organizational Innovation
In an article of Michie and Sheehan’s “HRM Practices, R&D Expenditure and Innovative Investment: Evidence from the UK’s 1990 Workplace Industrial Relations Survey” in 1999, they discovered that typical HR departments in UK offers HRM mechanism that supports R&D technology and employs HR practices that are motiveless such as short-term contract. Another article is by…
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Kitchen Best Analysis
Introduction Kitchen Best Appliance Company must immediately address the ethical, cultural, legal and poor business practices in order for the company to remain in business. If the company continues to turn a blind eye to such behaviors as bribes, nepotism, illegal behavior and reckless endangerment to customer the company will only continue to find itself…