Discuss when, and why to use single-sourcing and when and why to use multiple sourcing E.x. include advantages and disadvantages/challenges with the two sourcing principles/concepts When deciding whether to use single or multiple sourcing, the management has to evaluate suppliers out of quality, delivery, technology and suppliers support. Single sourcing is common when the product and/or service are directly linked to the core- competence and the demand for JIT is important for the buying firm. Firms using single source will get a better price (economic of scale) and also a better contact with the supplier and more. However single sourcing can be devastating for a firm, worst scenario the firm would not receive any products.
Then, Self-defeating problems such as poor time management skills, indecisiveness, difficulty concentrating, and perfectionism can be major contributors to a lack of motivation. It's important to clarify your goals and then work to
The negative impacts of CKE’s BI include the fact that the studies were conducted in test markets, which do not depict the true market. If the BI is used to make a drastic change, such as the introduction of the Thickburger, and sales do not go as projected, this could negatively impact a company’s bottomline. Also, the cost of the BI software might outweigh the benefits, depending on what decisions the BI is used to make and the overall outcome. 3. The three forms of data mining include cluster analysis, association detection, and statistical analysis.
Managers need to be careful of overpricing or under-pricing goods due to allocation of costs to each product. As was shown with the Wilkerson case on further analysis of costs using the activity based costing method the company had been under-pricing some goods while over pricing others. This was affecting their profits and their ability to make sound business decisions on the pricing of products to meet market demands. 6. Activity based costing is more complex to use however used correctly should improve the accuracy of allocating indirect costs to cost objects.
In addition, the complication of gaining access to data reduces programmer efficiency (who are then compelled to code at a low level of structural detail). Relational databases are needed to organize data better, to
Once in production, the costs of maintaining and enhancing the system may be excessively high. • The system may be unreliable and prone to errors and downtime. • The reputation of the IT staff on the team is tarnished because any failure, • Regardless of who is at fault, will be perceived as a mistake by the team. 3. What are some of the criteria deemed to be critical in defining system requirements?
However, the implementation of GGOL faces huge resistance. Individual Sources: Firstly, there is fear of the unknown among the employees and the top managers. The outcomes of GGOL are uncertain, employees feel like their safety and job securities are threatened, especially resignation of plant managers has already happened. Secondly, individuals have habits. They prefer to work in their accustomed ways.
This was considered the main problem from the management perspective High profits in some regions are due to using lower-quality material to reduce costs and increase profit margin. Inconsistency in quality may
Potential hazard Possible har As hospitals are very busy places at times it is important to keep the floors clean, this can cause many different problem if not clean for all the people visiting the area. The possible harms that can arise are many of this are many. A dirty floor can make illnesses spread and delay the healing process. Apart from this if something has spilt or the patient had an accident the floor would be sticky this can be problematic when a patient need to be moved quickly to emergency as the floor world cause resistance. As hospitals are cleaned this can cause a hazard in it self if the proper action are not taken for example not having signs on the wet floor, or using the wrong product to clean with.
Many times the bad situations that may arise do not happen on purpose and the effects that they have on the consumer may be short lived. In other cases unethical behavior is very hazardous to the consumer as a result of the corporation wanting to make a profit. “A written code of conduct is more likely to influence behavior when both formal and informal leaders throughout