I would take the time to explain a few things to her. While it may be true that computer prices are dropping, that doesn’t mean that a company should wait to purchase to new computers just because there is a chance that the prices will drop even lower. Depending on how long she waits to purchase new computers, the employees could be so far behind on the latest technology (software and hardware) that the company would need to spend extra money to send these employees to trainings. Information systems hardware is rapidly evolving; therefore, it is important not to get too far behind on “the latest and greatest.” If the company does not purchase the new computers soon, they may lose business to their competitors who do have up-to-date equipment. As far as being 100% effective goes, the employees may still be able to effectively do their jobs, but she has to take into consideration the fact that by not getting new equipment, the methods in which they do their jobs is outdated.
Write a ‘Response’: Respond to the writer’s IDEAS (main idea, first) by evaluating them and pointing out whether or not you agree with any of them. By responding to the writer’s ideas you will
Even though having the best equipment for the job sounds like a good thing, but no matter how carful the installation process is; problems are always going to appear. To help try to avoid situations where the cabling system does not fail in any situation, there are tools out there to help make the installation easier. Ever tool kit would not be useful, unless they have the right tools for the job. For example, wire map testers, tone generators, and time-domain reflectometers. These are just a few tools that many installers use today when installing a new cabling system.
This is because the business doesn’t really know what is going to happen in the future. By having an amount of money that the business is able to use for anything it gives the company more support for the year ahead. But if this amount is only a small amount in comparison to the business it could lead to problems. This is because if a the company needs to fix the building the business will have to pay out the price. But if the amount left aside isn’t as much as the price of the building the business will have to use money from elsewhere.
In-depth research and analysis needs to be conducted on other companies that have created similar successful programs. They need to determine what the breakeven point will be, and when these new products will start generating a profit and then make the decision on whether or not it’s worth the investment. Issue 5 Lack of planning CanGo is in rapid development, but at the same time lacks of any sort of planning. CanGo's management team cannot seem to reach a viable solution for the future development of the company. Recommendation 5 CanGo needs to make a comprehensive analysis and then decide on a long-term development plan.
The greatest and the latest is not always the best for companies. While it is important to have the most up to date, it is also important not to go over the total budget allotted for the service request. Doing proper research on all of the different types and styles of equipment for the various appliances being purchased is going to help save on total cost. Risk is going to be that too much money is going to be spent for the equipment or not enough money is going to be available to purchase all the necessary appliances. In order to mitigate this risk, doing the proper research will be key as it will serve a great purpose to the company.
However, future threats always have the potential to arise. Competitive Rivalry – Unless the popularity of the Little Wonder completely dwarfs other products in it's class then competitive rivalry should remain small. This would change if the Little Wonder starts to greatly impact competitor's bottom lines and they find a way to begin to manufacturer new and improved mixers themselves at a lower cost. Threat from New Entrants – New entrants is unlikely because of the amount of features in Company G's product and it's price point. Competitors likely would not want to risk losing current sales by adding features which would raise their prices.
In addition, using Critical Path Analysis (CPA) benefitted the planning process in assisting in development of a sound plan. CPA identifies those tasks that must be completed on time in order for the entire project to be finished on time. CPA also shows us which tasks can be delayed should resources need to be reallocated due to other tasks’ delays. “The disadvantage of CPA, if you use it as the technique by which your project plans are communicated and managed against, is that the relation of tasks to time is not as immediately obvious as with Gantt Charts. This can make them more difficult to understand.” (Cosmato, 2011) The resources consists of our entire team in most areas with final decisions being made during our weekly meetings.
They need to make sure the profit obtained from this investment is enough to justified it. It is possible that additional research would have to be conducted which will involve a delay on the project but the possible fail on the investment is worth the wait. WEEK 4 ISSUE #1 - CanGo is looking at becoming more productive within their specific demographic. Before doing so they have to make the appropriate actions to encourage the customers to follow through with their orders and expanding to different demographics. Aspire Business Consultants has become aware of six key issues with recommendations that will help provide a solid foundation for future endeavors.
A buffer inventory will protect constraint from a work shutdown caused by a shortage of processed materials coming from upstream workstation or by the fluctuation of the demand Product mix changes: Introduction of new products could lead to the purchasing of additional equipment which lead to an incremental increasing in fixed cost. Therefore, we should careful consider whether we should put the project in to implementation or not or whether the revenue could cover the increasing in fixed cost. In-sourcing decision: if the company want to add the latest technology in the product, they should not consider the in-sourcing because it affects key partnerships – semiconductor supplier 2. If excess capacity costs are excluded from product cost, how should these excess capacity cost be accounted for and made visible to management? The excess capacity arises due to larger productivity or due to imbalanced equipments within the department.