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ioda
2 years ago
14

Discuss the four common types of constraints (time, labor, equipment, and facilities) facing service businesses and give an exam

ple of each (real or hypothetical).
Business
1 answer:
nevsk [136]2 years ago
6 0

Answer:

The most severe constraint that anyone faces is time, the day has 24 hours, a week has 7 days and the year has 365 days. No matter how big or small a company is, time is the same for all. E.g. a factory has to build 10,000 units of good X for next week, they must do it before the due date. If the factory is shut down for any reason at all, e.g. lights go out, they will have to work overtime.

Two of the other constraints are basically related to capital: equipment and facilities. No matter how rich a person is or how big a company is, they have a certain amount of money, they cannot own it all. Only governments own machines that print money, and even they face strict regulations regarding how much money they can print. You need money to buy more equipment and build larger facilities, or if you do not have enough money, you will have to work overtime or eventually not be able to produce the output that you wanted. A facility has a certain level of maximum production, the same for a machine or equipment, and you cannot make it work over that level. E.g. a machine produces 10 units per hour, so it will not be able to produce 100 units per hour, nor 20 nor 40, not even 11.

Labor constraints refer to the total amount of labor supply available. E.g. all you need to do to understand the shortage of certain qualified labor is look at the amount of job vacancies in the high tech, computer and software industries. There are hundreds of thousands of vacant jobs around the world which cannot be filled simply because there are not enough qualified people. That is also the reason why careers in these industries are paid higher than average wages.

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________ is one of the means of motivation and control of sales representatives in relationship-oriented cultures like Japan. Mu
uranmaximum [27]

Answer:

A group bonus system

Explanation:

In relationship-oriented cultures, group bonuses are very common, and they are not like the regular yearly bonuses given out at Christmas, specially in Japan. In Japan, there are two bonuses per year, one paid during mid-year and the other one at the end of the year. These bonuses can amount to 3-6 months worth of salary, but they are also paid to the whole group of workers. That means that either everyone in the team gets a bonus or no one does.

Relationship-oriented cultures are based upon the well being, motivation and satisfaction of the whole team.

7 0
3 years ago
Taggart Transcontinental currently has a bank loan outstanding that requires it to make three annual payments at the end of the
prohojiy [21]

Answer:

Future value is approximately $3,183,600 which is equal to $3,184,000.

Explanation:

Please see attachment

Download pdf
6 0
3 years ago
Universal Containers would like to remove data silos and connect their legacy CRM together with their ERP and with Salesforce. M
iragen [17]

From the options the two techniques that should be used for smooth interoperability now and in the future are

a. Specify the legacy CRM as the system of record during transition until it is removed from operation and fully replaced by Salesforce.

b. Work with stakeholders to establish a Master Data Management plan for the system of record for specific objects, records, and fields.

Explanation:

Join the legacy CRM and Deal for interested parties are two techniques.

Indicate the conventional CRM as the record system throughout the transition up to Sales force’s removal and replacement.

Creates a comprehensive data management strategy for tracking processes for certain objects, databases, and areas, for stakeholders

What's a legacy process when it comes to CRM?  

An old system mostly based on a customer-server in-house design. The application functions on a SQL Server or Oracle interface. There are one or more different application servers for Windows 2000 or 2003.

MDM (Master Data Management) is used in the sector as a tool for identifying and handling an organization's important data to provide, by data management, a single event of reference. The mastered data can include lookup tables — the collection of allowable values and quantitative data supporting decision-making.

3 0
3 years ago
When presenting a persuasive speech, one speech goal is to ask the audience members to perform a certain action, also know as pe
photoshop1234 [79]

Answer:

behavior.

Explanation:

A persuasive speech is one in which the speaker addressing the audience or giving speech to the audience tries to impress or persuade the audience by his speech and convince the listeners through his presentation and speeches.

It is a process of changing people belief, action or reinforcing them. While giving a persuasive speech, one main goal of the speaker is to ask the audience to perform a certain action. It is also known as performing a specific behavior.

8 0
2 years ago
A data custodian works directly with data owners and is responsible for the storage, maintenance, and protection of the informat
elena-s [515]

Answer:

The statement is: True.

Explanation:

A data custodian is responsible for storing and give proper use to specific types of information. This character appears at the governance level of safe-keeping data. Typically, the information the custodian guards is related to businesses and general IT (Information Technology).

6 0
3 years ago
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