Answer:
<u>Informal organisation</u>
Explanation:
Carlos is the person to see in the welding department if you are a new employee . While he is not a manager , he is the person that most others in the department look to for advice and assistance . Carlos is an important member of the firm's<em><u> informal organization</u></em> .
<em>Informal organisation is that in which communication takes place informally between members of the organisations.</em>
Informal organisation has both advantages as well as disadvantages .Let's discuss both .
Informal organisation allow a effective way of communication , it fulfills the social needs of the employees as they can communicate even there personal issues , informal organisation not only help in fulfilling personal objective but also helps in fulfilling the organisational objectives.
But through informal organisation the rumors spread very fast because the employee talks carelessly. Informal organisation also resist changes also.
Answer:
My recommended sourcing strategy is that Pacific Systems should single source their DVD drives and they should establish a good relationship with their suppliers. Having a single supplier and having a long term contract with that supplier will be advantageous for the company. Further it should implement a just in time inventory management practice.
A quantitative analysis is provided in the attached file
To reduce any risk associated with my sourcing decision I will have to trust my supplier and try and create synergies together by building a symbiotic relationship with the supplier. Cross functional risk planning will also be useful here.
2. Not all sourcing decisions require the same quantum of commitments in terms of time and efforts. This is because a variety of suppliers are available both locally as well as globally. As a company analysis will have to be done with regards to suppliers if they are financially competent to supply, on a consistent basis, high quality materials. The type of sourcing that does not justify the level of effort and analysis are fasteners for the computers and poly bags that are used to protect products from dust.
3. The issue of supplier capacity is important in this case. This is because the market is booming and demand is about to rapidly increase due to a revival of the economy. The company should look out for a supplier that has the ability, wherewithal and capacity to cater to spikes in demands besides being able to take on new projects. A supplier should be stable enough to absorb increase in demand and having such suppliers will ensure that the company does not lose out on potential customers.
4.
Advantages of single sourcing – It helps in optimizing the company’s supply chain. Further it helps the company by lowering its production costs and provides and creates a better and incremental value for the shareholders.
Disadvantages of single sourcing – It can be detrimental to the company in the long run as greater power is provided to the suppliers. Secondly failure of a supplier may cause a total shutdown for the company.
Advantages of multiple sourcing – As competition increases among the suppliers it drives down prices in the long run. Secondly failure of a single supplier will no longer disrupt the company’s operations.
Disadvantages of multiple sourcing – Managing different suppliers can become complex as each of the suppliers will have to be managed and monitored. Secondly as there are many suppliers they will not eb able to leverage the advantages of economies of scale.
Explanation:
Answer: The answer is A. Reflects product differentiation.
Explanation:
In a monopolistic competition, companies offer products that are not equal. This product differentiation gives companies power in the market and causes each company to face a demand curve with a downward slope (if it raises the price of its product it will sell less and if it lowers it will sell more). Unlike a perfect competition market where companies face a horizontal demand curve.
