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Sav [38]
3 years ago
14

Imagine you are a member of the Academy of Management (ACM) and on the steering committee to choose a location for the organizat

ion's annual meeting. When making the recommendation, you will explain which management theory was used to make that choice. If your recommendation is based on analyzing a variety of circumstances because no single management theory applies to all situations, you are applying which approach to management? Contingency management Information management Systems management Operations management Another person noticed the steering committee lacked anyone with a marketing background. He suggested adding an AOM member with marketing experience, possibly creating a committee that is more productive than one in which each member works alone. In other words, the marketing expert may create: Synergy A subsystem A closed system An open system
Business
1 answer:
Lelechka [254]3 years ago
7 0

Answer:

I will make of use operations management and the addition of marketing expert to the team will create synergy.

Explanation:

Operations management involves adopting best business practices so as to achieve highest level of efficiency.It emphasizes analyzing different options available in a business where each option based on its peculiarities is accorded a rating and the option with the highest is chosen.

Specifically,operations management can be applied to choosing a location for the annual by following the steps below

All possible locations are identified

Each location is rated based on its pros and cons

The rating is computed using weighted average method

The location with highest rating is chosen for the meeting

On the other hand,strategy is achieving more by combining resources much more than it would been possible to achieve individually.The new marketing expert will be able to provide general marketing guidance to the existing members while they complement the expert with business-specific information.

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When the price of chocolate chip cookies increased to $3 per package, Samantha began to buy oatmeal cookies instead. This situat
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Answer:

substitution effect The supply curve slopes upward because at a higher price, producers have an incentive to produce more.

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The customer service manager for the XYZ Fastener Manufacturing Company examined 60 vouchers and found 9 vouchers containing err
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Answer:

= (0.043 , 0.257)

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p = 9/60 = 0.15

Z score for 98% confidence interval = Z0.01 = 2.33

The Confidence interval = (p + Z0.01 * sqrt(p * (1 - p) / n))

= (0.15 + 2.33 * sqrt(0.15 * (1 - 0.15) / 60))

= (0.15 + 0.107)

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Read the excerpts and answer the question that follows. Once in a Lifetime by Jhumpa Lahiri (excerpt) My feelings were complicat
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The description that details the difference in both excerpts is that Hema's identity was influenced by her parents whereas the speaker of Freeway 280 is searching for her identity.

The narrator stated that her mother considered the idea of a child sleeping alone a cruel American practice, and therefore did not encourage it.

The above showed that the narrator was influenced by her mother. On the other hand, the speaker of Freeway 280 is searching for her identity.

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5 0
3 years ago
Ohno Company specializes in manufacturing a unique model of bicycle helmet. The model is well accepted by consumers, and the com
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Answer and Explanation:

The preparation of the answer sheet is presented below;

                                 <u>Product Costs </u>

<u> Cost Item                           Direct          Direct    Manufacturing   Period </u>

<u>                                         Materials       Labor    Overhead          Costs </u>

Rent on factory

equipment                                                      $11,500  

Insurance

on factory building                                  $1,780

Raw materials     $80,800

Utility costs for factory                                  $920

Supplies for general office                                              $320

Wages for

assembly line workers               $59,700

Depreciation on office equipment                                   $830  

Miscellaneous materials                        $1,470

Factory manager’s salary                        $6,200

Property taxes on factory building        $420

Advertising for helmets                                                      $14,900

Sales commissions                                                      $10,900

Depreciation on factory building               $1,640

<u>Total                                $80,800     $59,700   $23,930      $26,950  </u>

Now  cost to produce one helmet is

= Total cost to produced ÷ number of helmets produced

= ($80,800 + $59,700 + $23,930) ÷ (10,000)

= ($164,430)  ÷ (10,000)

= $16.44

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3 years ago
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