Critically discuss the topic of values, culture and identity in family business. How does values, culture and identity different between a family firm and a non-family firm? In your generation, millennials and generation Z, what is your view about values, culture and identity? Do you agree/disagree on keeping values, culture, and identity across generations in […]
Jensen Tire & Auto is deciding whether to purchase a maintenace contract for its new computer wheel alignment and balancing machine. Managers feel that maintenance expense should be related to usage, and they collected the data in the above excel sheet. The excel sheet lists information about the weekly usage (in hours) and the corresponding […]
Important Note: Use brief/short answers and a avoid long descriptions to complete your exam and revise your answers on time. Section 1: Operations strategy (10 points) Q1. Based on your understanding, define “Operations Management” (2 points) Q2. Consider the case of Netflix, what the most appropriate type of strategy to describe Netflix’s operations strategy and […]
Martha Manufacturing a product through three separate production lines “A”, “B” and “C”. Costs for producing a product through each line as well as maximum outputs of each line and fixed cost associated with setting up the line is shown below: Production line Cost per unit Maximum production Fixed cost A 1.5 28 150 B […]
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