<span>A strong culture should reduce employee turnover because it results in </span>cohesiveness and organizational commitment.
Answer:
One of the most challenging aspects of a virtual meeting is keeping people’s attention. It’s important to be thoughtful about how you engage attendees. In the first minute of your meeting, help participants experience the problem you want them to solve by sharing statistics, anecdotes, or analogies that dramatize the issue. Then emphasize shared responsibility for solving it. Define a highly structured and brief task they can tackle in small groups of two or three people and give them a medium with which to communicate with one another (video conference, Slack channel, messaging platform, audio breakouts). Then have the groups report out. Never go longer than 5-10 minutes without giving the group another problem to solve. The key is to sustain a continual expectation of meaningful involvement so participants don’t retreat into an observer role. When that happens, you’ll have to work hard to bring them back.
Explanation:
Mercantilism is the name of the theory
Answer:
Lead time needed is approximately 1 day
Explanation:
In this question, we are asked to calculate the maximum number of lead days needed by a manufacturer to give a supplier
We proceed as follows;
They want to be able to fully supply the customer at least 50 out of the 52 weeks.
Mathematically; service probability = 50/52 = 0.96 or 96%
At 96% service level value of Z = 1.75
Standard deviation of daily demand (σd) = 50 units
Safety stock = 100 units
Suppose lead time = L
Safety stock = Z × σ d × √L
100 = 1.75 × 50 × √L
=100 = 87.5 × √L
√L = 100/87.5
√L = 1.142857142
L = 1.142857142^2
L = 1.306122448
