Q3: If you had to develop an incentive system for a small manufacturing company that makes flour and corn tortillas, which elements from which motivation approaches or theories would you use? Why? Would your choice be the same if it were a software design firm? Explain.
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Q3: If you had to develop an incentive system for a small manufacturing company that makes...
Assume you own a small (US$15,000,000) manufacturing company that makes components for the automobile industry. At present, your company only makes metal components. Apply at least one of the strategic frames of analysis discussed in Chapter Five to answer the following questions in your role as the owner of this small manufacturing company. Considering your company’s strategy, its competition, and gaining sustainable competitive advantage . . . What are the strategic challenges you face? What kinds of technological trends could...
Suppose you were using Stoke's law to calculate the viscosity of corn syrup, and you had some small steel spheres and some medium steel spheres. 1. Which variables in the Stoke's law equation would be different for the two sets of spheres? 2. Which variables in the Stoke's law equation would be the same? 3. Would the corn syrup viscosity be different from the experimental runs that used the small spheres compared to those that used the medium spheres? Explain.
You are the Risk Manager for a large regional manufacturing company. You are required by law to provide Workers Compensation coverage to protect your workers. Explain the similarities and differences among the Guaranteed Cost, Self-Insurance, and Large Deductible approaches. Which would you select? Why?
You are recently hired as a staff accountant for a small finished goods manufacturing company. Part of your duties include doing the month end inventory of finished goods. After a few months you do not look forward to this as the amount of inventory seems to be increasing. In order to satisfy your thoughts on this increase of inventory you decide to review the financial information for the last few months. Looking over the Income Statement you see the profits...
You are recently hired as a staff accountant for a small finished goods manufacturing company. Part of your duties include doing the month end inventory of finished goods. After a few months you do not look forward to this as the amount of inventory seems to be increasing. In order to satisfy your thoughts on this increase of inventory you decide to review the financial information for the last few months. Looking over the Income Statement you see the profits...
Passing Lane Passing Lane is a small trucking company headquartered in Portland, Oregon.Passing Lane’s information system consists of a file server and three workstations where freight clerks enter data,track shipments, and prepare freight bills. To perform their work, the clerks obtain data from theserver and use database and spreadsheet programs stored on stand-alone PCs to process the data. At your meeting yesterday, Passing lane’s president approved your recommendation to create a relational database to handle operations and provide links for...
You work as a financial analyst at a large automobile corporation that occasionally makes acquisitions of smaller companies that specialize in the production and assembly of small component parts. In order to achieve vertical integration of its newest sports sedan model, the company is evaluating a few manufacturing companies that have experienced strong financial performance in the past few years. These companies would make excellent acquisitions due to the nature and quality of the product and the anticipated ease of...
As a power electronics engineer, you have been contracted by a mobile phone manufacturing company, STK Mobile, to design a converter to supply power to the microprocessors for the mobile phones. Your task is to design a converter to meet the following specifications: 1. the microprocessors operate effectively at 8 V and 1 A. 2. continuous current conduction mode at all the time. 3. peak-to-peak inductor current should not be more than 30% of its average value at all operating...
you are required to develop a simple HR application for a small accounting firm that wishes to keep track of all the employees at the firm; storing details about their salary, phone numbers and Date of Birth. The firm has many departments and there are 5 to 20 employees in each department. The department information includes department name, description and total number of employees in that department. The company also provides vehicles for some of its employees. An employee maybe...
You own Air-Pro Company, which makes 8,000units of Atmos-trons per year. The per-unit manufacturing costs o Atmos-Trons are as follows: Direct Materials $16.00 Direct Labor (variable cost) $20.00 Manufacturing Overhead: $18.00 An outside company has offered to sell you the same Atmos-Trons units. They would supply all 8000 units annually and would charge you $49.25. If you accept the offer (and stop making the Atmos-Trons) all the per unit manufacturing costs would be avoided EXCEPT for $7 per unit of...