Minit-Lube Case Study Patricia Zavalza Benedictine University MBA 630: Operations Management January 17, 2013 State any business problem that the enterprise needs to resolve. The business problem Minit-Lube currently has is that they are not achieving competitive advantage, in a competitive market. The idea is to charge no more and less than their competitors without sacrificing differentiation and responsiveness to those they serve. Briefly summarize relevant background information from the case. Minit-Lube stations are service providers that perform oil changes, lubrication, and interior cleaning for their customers.
Regulation is the application of laws and rules created by the government, designed to correct percieved market failure. Market failure occurs when resources are not allocated in the best possible way. In order for regulation to be effective, the government will require enough information in order to correct market failure. There are a number of problems with regulation, the first is that it is often difficult and costly to impliment. In the case of pollution and carbon emissions, it is very hard to actually measure the level of carbon emissions being produced from a company.
| ACRE CONSULTING | Memo To: Donald Penchiala; Marilyn Anchley From: Ashley Lawrence Chelsea Miller Ryan Jadin Lizzie Hornak CC: Jon Werner Date: 10-Nov-10 Re: Revised Interview Protocol for Department Managers Introduction The most important part of any selection, or hiring, process is the interview. Research has proved that standardized procedures produce better quality in hiring than unstructured interviews do. Store managers have agreed that increasing the number of tests and forms will not be adequate in the selection of department manager. The current method used to hire external managers is very similar to the selection to store associates; however to hire the best employees, each position’s selection process should be tailored to match the specific skills, knowledge, and abilities needed for each job. It is important to closely match the ways in which we are measuring our applicants, along with the specific tasks needed for that position.
Once a business is selected as a Trek supplier, it is continuously evaluated on elements of the four criteria. For example, current suppliers might receive scores on the number of defects in a large quantity of supplies, whether just in time orders made their deadlines, if target prices were maintained, and if recycled packaging was used. Question 3: How has Trek’s interest in the environmental impact of its business influenced its organizational buying process? Trek’s interest in the environmental impact of its business influenced its organizational buying process immensely. When suppliers understand the impact a product has on the environment from start to finish, it draws companies such as Trek closer to finalizing a contract with them.
in relation to marketing government regulations plays an important role in ensuring businesses are not presenting deceptive and misleading advertising, price discrimination, implied conditions and false warranties. An example of unethical behaviour through marketing is when a company promotes there business with false and inaccurate advertising which can result in a bad reputation towards the business as well as a loss of market share. An example of lack of contribution towards ensuring the business has kept up to government regulations standards especially through the marketing function of a business can result in penalties imposed by the court as well as public warning notices being issued out by the Australian Competition and Consumer Commission which can result in the creation of bad reputation for a business. Apple is a company that identifies how important ethical behaviour and government regulations are within the business as Apple has successfully acknowledged and ensured to promote and produce ethically in marketing allowing the business to gain a respectful reputation towards their company. As Apple has ethically practiced
1 Research Proposal: Improving Information Management RES/351 Improving Information Management 2 Research Proposal: Improving Information Management A company's inability to manage information efficiently can have a devastating effect on the organizations ability to operate effectively. The research proposal presented in this paper has the intentions of addressing the problem of mismanaged information that has resulted in a loss of time, money, and resources for the Corporate Security Initiatives Corporation. This research study will be a straightforward investigation and examination of the way information is sent and received, processed, analyzed, and used by the various departments within the organization. This proposal outlines the research process and design to be used to collect and analyze data, draw conclusions from that data, and how the results from the research will be presented to the company's leaders. Research Design and Process Companies today operate in a fast paced, highly competitive environment in which every decision, large or small, can have a dramatic effect on an organization's success.
TMA01 B120 After careful analysis I have ascertained certain detrimental issues and will address these factors providing ideas on how to improve the overall market position of the Lodge Bistro in the external environment. The integral focus will use the STEEP analysis to provide a better understanding of the external environment including Sociological, Technological, Economic, Environmental and Political factors. (Preston et al, 2012, p. 17). Areas of concern include pressure from other restaurants across Britain, the demographic of consumers, the recession, change in management structure (including managers acting on this to bring forward their own philosophy of ideas), which in some cases has resulted in lower revenues, not taking full advantage of technological resources available and not acting on the advantageous concept of health promotion running rife across Britain. Finally I will focus on the current staff crisis and clarify to you that these stakeholders (members of staff) have a vested interest in the activities of your business and will produce stronger performances if they are motivated and not subjugated into feeling like they are just another cog in the wheel.
Capacity is a key element in a firm’s production strategy; all resources (manpower, facilities, machinery) impact strategic capacity planning. Strategic capacity planning involves many variables, which provides flexibility in targeting specific production objectives. Conversely, poor strategic capacity planning can negatively affect a company’s production process; for example, it would be detrimental to a company that produced perishable or time-sensitive products to maintain excessive warehousing space, since the product has very little shelf life. The opposite would also be true—if a company had insufficient warehousing for nonperishable or non-time sensitive goods, it would not be able to store sufficient product to meet customer demand during surge periods. In supply chain management, strategic capacity planning controls the demand of new opportunities at minimal cost (Chase, Jacobs, and Aquilano, 2006).
If Sheryl Conan uses the direct method as her supervisors wants her to it will distort the cost of goods sold and hides the decline in market value. Investors and stockholders in the company would be harmed if Dick Wright’s preference is used. By using the direct method to write down inventory it would be manipulating critical information that would be used to figure out costs of goods sold; which in turn would give wrong calculations to determine selling prices and to establish profit margins. These incorrect calculations would also mislead possible future investors in the company by not clearly showing the decline in market value. Sheryl Conan should use the allowance method that would reflect that would clearly disclose the decline in market value and not use the other method as her supervisor wants her to.
Sultan Molla MGMT-325 Thursday, December 15, 2011 Incentives Incentives are a major factor to consider when you are responsible for a business. Incentives can greatly affect an organization in many ways, and the type of organization determines what incentives are most suitable. These incentives are not standardized; they depend greatly on the region and location. For example each region has laws and benefits for businesses, so what might work for one company might not necessarily work for the other. These organizations make decisions based on the location that offers the best incentives for the business the organization engages in.