Supply Chain for Tea Manufacturing Problem: Management of complex supply chain in the tea factory. Alternative: Engagement of third party distributors. Rationale: Third-party distributors will reduce the workload of the firm and the supply chain will be managed efficiently. Answer 2 Problem: Contrasting and comparing the challenges of Fteh and bottled Goteh. The main problem is the decrease in glass bottles in the factory. Alternative: The firm should allow third-party distributors should manage the supply chain and increase the production of glass bottles. Rationale: The firm will be having enough glass bottles in the factory in case there are unreturned glass bottles from wholesalers and retailers. There will be no production stoppage. In the beverage industry, there are two types of packaging; Return Glass Bottle (RGB) and one-way product (OWP). Both Fteh and Goteh have some products that are packed in a glass bottle. The company faces a challenge in managing the glass bottles. Forward buying and errors in forecasting may result in a decrease in glass bottles in the factory. The company will be requiring the bottles in the…
Possessing a professional social media presence Unlike the olden days when being recruited in a job was a short and simple process, nowadays the process of being recruited in a job has become cumbersome, credits to social media. When applying for a job, one is expected to not only satisfy the job requirements but also pay attention to the nitty gritty details found in their online accounts. In this day and age, many companies and organizations screen their applicants through their social media accounts. Some sites leave room for employers to get additional information about their applicants. When sharing information on social media, be keen on what it is. A picture of you taking beer or smoking could make your employer change their mind. If you share your day to day information and whereabouts, that can influence your career opportunity in future. Some employers might relate that with being untrustworthy. Failure of updating your social media profiles might block some doors for you. In addition, if your profile information is not as updated as your CV, you are closing some…
impact of trust and behavioral control for decision-making on a smartphone on management students in the faculty of economics and business for the Samsung Company The study by Sinarwati and Alamsyah seeks to detect the impact of trust and behavioral control for decision-making on a smartphone on management students in the faculty of economics and business for the Samsung Company. The motive of studying the behavior of consumers is to understand the way consumers conduct themselves as they focus on how to satisfy their desires and needs. The study applied the explanatory study approach in which the relationships between the variables are clarified through hypothesis testing. Based on the population, the study involved 103 students in the management department and is Samsung smartphone consumers. The sample distribution depends on the clarification of the participants at every phase, and the technique applied is stratified random sampling, thus using a sample set of 44 people. The study used a survey in data collection and a quantitative analysis, in which questionnaires were distributed among the students. Notably, the study also conducted an in-depth…
Instructions When Picking a Wedding Transportation Company When you want to have the best experience in life, your wedding could be the ticket that you would be looking for. You must find the best service providers who will be able to handle the planning. It is crucial to ensure that you find the best wedding transport services, which will be the best choice that you make now. Be determined to get the best service provider who will be able to deliver the best transport services as you would have desired. Getting the best wedding transportation services will not be an easy process, and therefore you should commit your time to get the best. As you are finding the best chauffeur services, then you will need to connect with the service provider, such as A1A Limo, and this will allow you to get the best results as you would have anticipated. Stay focused and read more through this article, and you will get these tips as they are well highlighted here. Cost We all know that planning a wedding is not…
factors that influence the relative importance of the marketing strategy creativity The reviewed article focuses on the factors that influence the relative importance of the marketing strategy creativity and the concept of marketing strategy implementation effectiveness. The authors documented that the performance of the organization is usually maximized when the organization formulates viable and creative marketing strategies (Slater, Hult & Olson, 2010). This contributes towards the achievement of the marketing strategy implementation, enabling the organization to succeed in the marketplace and command a high market share in the marketplace. The authors documented that the stiff competition and cultural tensions are primary hindrances towards achievement effective marketing strategy implementations for the organizations. The managers hence should ensure effective scarce resources allocation to aid in attaining of highest performance for the organization. Managers are required to offer the right directions to the team to aid in the effective implementation of the marketing strategies. The managers are also expected to consider the environment, which poses both threats and opportunities to the organization, and they have the potential of rendering the existing marketing strategy…
Company A Risk Analysis Governments and businesses are shifting workloads to the cloud. Some organizations, however, are hesitant because of the lingering unease about how to secure data is with cloud computing. Services in cloud fall under three classifications including SAAS (Software as a Services), IaaS (Infrastructure as a Service) and PaaS (Platform as a Service). Company A Risk Analysis Good security measures for cloud give scalable solutions that detect risks before reaching the data center. These risks include: a) Contracts and Technology Selection The contract provided includes no crucial elements that would protect privacy needs and security requirements. Company A ranked this problem the highest with the high likelihood of occurring with the largest impact. b) Tenants separation and Multifactor Authentication The exploitation of software and system vulnerabilities with the infrastructure of CSPs, applications, or platforms supporting multi-tenancy may fail to maintain the existing separation. Surface areas for an attack are increased by multi-tenancy in that if there is a failure in separation controls, the chances for data leakage are increased. Company A’s IaaS firewalls are not under managers…
Minimum wages and turnover rates within the hospitality industry Minimum wage is the minimum amount of salary that a company or a manager has to pay the workers for the work they have done within a given period. The minimum wage cannot be decreased by a shared or and individual agreement. I am confident that introducing a minimum wage law on the hospitality industry will meaningfully advance the income levels. However, the government must make sure the hospitality operators implement strategies that will enable them to improve the pay mechanisms to ensure that a minimum wage rate is met. Most of the jobs in the service industry are done part-time, and they hardly pay beyond the minimum wages. However, if many servants are asked why they prefer working in the service industry, they would say that the service industry has a wide variety of jobs available. The hospitality industry is classified to be a service industry since it offers many part-time jobs. In the hospitality industry, the aspect of paying minimum wage is practiced by a group of fast-food restaurants.…
preventing the employees’ turnover in the hospitality industry When the hospitality industry increases the minimum wages, there is a high chance that competition will arise among the employees in the neighboring states. Take a case for a state like Lowa that maintains a minimum wage that is around $7.25 per hour may encounter some challenges in drawing the workers. However, many of the employees think that a minimum wage of $15 is so low than what they expect to be paid. Therefore, people should not take the minimum wage to be a living wage. People have generated this perception by making assumptions that, among other industries, the hospitality industry makes a considerable profit. This assumption is wrong because the hotels create a substantial profit. The organization has to make sure that they prevent the employees’ turnover in the hospitality industry. The organization can do this by; Communicating clearly about the job vacancy so that the workers are aware of what they expect from the organization. The team conducting job interviews should inform the workers both the negative and positive parts…
How does a company go about creating value? Value creation is the primary foundational principle of every organization. Organizations seek to create and deliver ways that would generate subsequent profits after costs have been incurred. This means that it provides a special approach that provides greater value to the ways in which proper business concepts are attained. Value is mandatory in establishing proper channels along with given proponents. What is meant by “core competency”? This refers to a management concept dealing with a harmonized combination of multiple skills and resources which differentiates a firm across a given marketplace. It is responsible for establishing the competitiveness of an organization. Core competency sets forth the skills considered and the manner in which certain approaches have been completed. Select a company you’re familiar with and discuss their core competency Coca-cola being an international corporation, boasts in having significant core competencies such as strong brand value. The company also has a well-established franchise network that enables them to have a controlled cost all over the world. Its suitable distribution network and administrative control is…
report for Western Company based on the construction of the financial statements Introduction Selling the product of a company is not the final step in operating a business. Understanding the financial state of the business is essential in determining the direction the business is taking. Financial statements are the primary tools that show the progress of any business. It allows a constant monitoring of expenses and revenues. Important financial statements for businesses include; income statement, cash flow statement, and the balance sheet. All the three financial statements play a significant role in determining the financial health of an organization. The financial statements of the Western Company provide meaningful information of the financial performance of the company since its inception in 2014. Below is the report for the company based on the construction of the financial statements. Income Statements The resulting income statement from the information provided for the three financial years shows that there is a steady increase in revenue in the company. The revenue in 2014 was $2,000. For the next year, the revenue increased to $3,900. Lastly, for…