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vovikov84 [41]
4 years ago
15

In this assignment, you will develop a more personalized understanding of the Balanced Scorecard concept and see how your vision

and mission can be linked to your goals and objectives. Using the S-M-A-R-T tools in section 6.7 of Chapter 6 in the text, create your own list of goals and objectives.
Create 4 to 5 S-M-A-R-T goals and objectives and demonstrate how they link to your Strategy Diamond and personal vision and mission statements.​
Business
1 answer:
Ilia_Sergeevich [38]4 years ago
8 0

Answer:

My four smart goals includes the following: I want to become physically fit within the next 6 months so that I can run a full marathon in less than 4 hours, want to become a senior manager in my current organization from my current role as a manager within the next 2 years so that I can lead a team of 2-3 managers, I want to become an adorable husband to my wife by spending more time with her and taking her on vacations in the next 12 months, I want to become a lovable dad to my son in the next 4 months so that I can spend more time with him and answer all his queries.

Explanation:

The following are my 4 SMART goals stated below:

1.I want to become a senior manager in my current organization from my current role as a manager within the next 2 years so that I can lead a team of 2-3 managers.

2. I want to become physically fit within the next 6 months so that I can run a full marathon in less than 4 hours.

3. I want to become a lovable dad to my son in the next 4 months so that I can spend more time with him and answer all his queries.

4. I want to become an adorable husband to my wife by spending more time with her and taking her on vacations in the next 12 months,

Measurable :

1. I would start my training from tomorrow. Initially I would run 2 to 5 kilometres with walk breaks.

2. I would start talking to my boss next week to ask for additional responsibilities and also ask him to let me know what needs to be done to get promoted.

3. I would start coming from office early by being more efficient in office. I will take my son on walks or play with him for 1 hour daily.

4. I would come back from office on time and spend time with my wife after spending time with my son.

Attainable/Attainability:

1. I will talk to other marathoners about whether my goal is attainable. I will also research about it.

2. I will talk to my colleagues who are senior managers about how they got promoted.

3. I will talk to other dads about whether my goal is attainable.

4. I will talk to other husbands who are successful.

Timely:

I have given a time frame for attaining all these goals which is very important.

For implementing these goals, I will use the Plan-Do-Act-Dare cycle.

Since my objective is to become a well rounded person both in my personal and professional life, the above steps would help me in becoming that person.

The strategy diamond consists of:

1. Vehicles- Focused hard work

2.Differentiation- Being different from others.

3. Arenas-Professional and Personal

4. Staging-Speed of initiatives

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The correct option is (b) process.

When developing a logistics strategy, a <u>process</u> strategy refers to the management of logistics activities with a focus on costs.

<h3>What is process strategy?</h3>

The establishment and recording of the procedures that a company uses to accomplish its objectives is known as process strategy. A number of processes could be automated, eliminating the need for last-minute judgment calls, management referrals, and in certain situations human involvement altogether.

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<h3>How do you create a process strategy?</h3>

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The complete question is:

“When developing logistics strategy, a ____ strategy refers to the management of logistics activities with a focus on costs.

a. market

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d. information”

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The total return on a stock is equal to the: Group of answer choices dividend divided by the sum of the dividend yield and capit
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3 years ago
In comparison to early adopters, which of the following statements is true of the early majority?
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D. They are likely to collect more information and evaluate more brands

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The five customer segments of technology adoption are : innovators, early adopters, early majority, late majority and laggards.

An early adopter is a customer who adopts new technology fast and before others do. They are more likely to be opinion leaders and less likely to extend adoption process.

An early majority is a customer that adopts new technology after the innovator and early adopter. They collect information from the innovator and early adopter before adopting new technology.

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4 years ago
The Carry-on Luggage Company must set up an assembly line for a wheeled carry-on bag. Forecasts show that 60 units per hour shou
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Answer:

a. See attachment below

b. 60 seconds per unit

c. 4 workstations

d. See attachment below

e. Efficiency = 81.25%

Explanation:

b.

Time required = 60 units per hour

Task time = Time required to for production per units

Since 1 hour is required for 60 units and there are 3600 seconds in one hour (60 * 60)

This is calculated by.

3600seconds/60 units

= 60 seconds per unit

c. Theoretical Number of workstations is calculated by:

Total Time Taken/Task Time

=(30 + 50 + 25 + 10 + 25 + 15 + 10 + 30)/60

= 195/60

= 3.25

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d. See Attachment Below

e. Efficiency is calculated as:

(Total Time Taken)/ (Theoretical Workstations * Task Time)

= 195/(4 * 60)

= 195/240

= 0.8125

= 81.25%

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3 years ago
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