A new entrant into the mobile phone market imitates its rivals' cellphones feature for feature, but offers its products at a 20 percent discount over its rivals' prices. What can you say about the new entrant's prospects for long-term success?
What will be an ideal response?
Companies do not get to the top of the industry rankings or stay there with illogical strategies, copycat strategies, or timid attempts to try to do better. Only a handful of companies can boast of hitting home runs in the marketplace due to lucky breaks or the good fortune of having stumbled into the right market at the right time with the right product. Even if this is the case, success will not be lasting unless the companies subsequently craft a strategy that capitalizes on their luck, builds on what is working, and discards the rest. So there can be little argument that the process of crafting a company's strategy matters-and matters a lot.
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A firm is planning to set up an assembly line to assemble 40 units per hour, and 57 minutes per hour are productive. The time to perform each task and the tasks that precede each task are contained in the following table
Task Preceding Task Time to perform (min.) A -- .69 B A .55 C B .92 D B .59 E B .70 F B 1.10 G C, D, E .75 H G, F .43 I H .29 (a) Draw a network diagram of precedence relationships. (b) Compute the required cycle time per unit in minutes. (c) Compute the theoretical minimum number of workstations required to produce 40 units per hour. (d) Balance this line using the longest processing time heuristic. (e) What is the efficiency of the line obtained in part d?
Logistics management can be viewed as the combination of all of the following EXCEPT this:
a. Warehouse location planning b. Transportation management c. Product returns management d. Marketing strategy management
Angela Rodriguez works as a delivery driver. She earned $7,250 during the first quarter. By the end of the second quarter, her total earnings were $14,870. How much federal unemployment tax will her employer owe for her second quarter earnings if the FUTA rate in her state is 0.08%?
A) $0 B) $56 C) $58 D) $580
Data on a particular QuickTax employee with social security number 123-45-6789, named John
Taylor, and birth date 6/17/1983 would be an example of a A) table. B) record. C) field. D) primary key.