It would be too expensive and time consuming, and the IT staff would have to customize the interface leaving the staff more work to do with integrating the new system. Ch.6 1. Are the DFDs in PE Figures 6-1 and 6-2 balanced? Show that they are, or are not. If they are not balanced, how can they be fixed?
Koss Corporation Case Q1. From the Koss Corporation case, we can see that there are many aspects are not functioned properly in the accounting and internal control systems of Koss Corporation. First, the CEO’s supervision and regulation is weak, which means Michael has not fulfilled his responsibility of internal control. Sue initiate and authorize wire transfers of Koss Corp. funds to Sue’s personal creditors for over $16.3 million without requiring or obtaining Michael’s approval. And because Michael trusted Sue, Michael did not fully review the financials before approving them.
There are different methods of cost estimation. In Ka-Pow project we have used the bottom up estimating. In bottom up estimate find out the cost of the work packages and then add them up to get the cost for the entire project. It is important to estimate the cost correctly otherwise it will put the project at a risk. It is very important to involve the SMEs in the cost planning also to get the accurate estimate for the cost.
The new development had great impact on production such that it was delayed thus delaying delivery of the product by 30 percent. The management had no option but rather to outsource services for its assembly process from China. This called for comprehensive analysis of the situation leading hiring of consultancy services from Grunwald and Vogel. The intention of hiring Grunwald and Vogel was to help the company address the issue of late delivery that affected production. Based on the case study, risk factors that affected outsourcing process included ethical concern, quality and patent protection.
Without changes, Pacific Dunlop’s aggressive growth strategy for China looks more like a dream than realistic plan. There are two major components that are causing this issue; problems managing the plant and problems with plan performance. The problems from managing the plant stem mostly from difference in culture and work styles. In this case, Littley is an Australian ex-pat who is trying to run a manufacturing facility in China. Both sides lack important information about each other and the learning process is slow and tedious.
But consumers aren't helping their fellow countryman earn his own living by buying these imported items. Consumers are giving their hard-earned money to Walmart to go back to China to buy more items. (Smith & Young, 2004). Walmart has created new jobs for people when they open new stores, but they are underpaid jobs. Many of the positions are part-time, therefore, they are positions without benefits.
Packard Electrical had previously experienced excellent results in the United States based on their traditional operational processes but had failed to impress in the overseas market, serving a different type of customer. This is due to a number of systemic problems in the customer serving processes inherent in the Rio Bravo plant operations. These problems are highlighted in the report and are: • A lack of proper planning led to the mismatch of resources, which includes human talent, infrastructure; • • • • Careless planning and poor execution of processes; A lack of customer focus; Poor communication across the supply chain; Misalignment in philosophies and value systems between Packard Electrical and NUMMI; • • Lack of a change management system and A dearth of continuous improvement The primary causes of the above stated problems were a lack of lack of proper strategic planning on behalf of Packard Electric’s management team. There was also a lack of planning in the design and development of the plant taking into account the demanding customer requirements. There are also appeared to be a lack of understanding of the exact customer requirements and how to deliver the exepcted quality.
According to the rules when a number of foreign exchange in large numbers required a special license meanwhile BJC had never discuss about this to the Chinese government. The BJC have problems to get the import license from the government
In their study, Cassell et al. (2001) found that few of the owners/managers of SMEs do not believe in the appropriateness and potential of benchmarking because the expected outcomes are not immediate and considerable time and resources are needed for completion of the activity. The survey conducted by Adebanjo et al. (2010) in both LEs and SMEs context reported that the organizations do not use benchmarking due to lack of resources, unavailability of suitable benchmarking partners, lack of understanding and technical knowledge of benchmarking activity, high cost and time duration, inability to assess the benefits of benchmarking, lack of top management interest and support. Panwar et al.
Case Study: Zing PC 1. What are the Major Problems facing ZingPC? * Losing the market share Zing PC is losing its market share because of Push strategy failing to comply specific customer needs. * Dysfunctional Logistics Dysfunctional Logistics occurs because there is no 3PL (third party Logistics Contractor) for inventory / supply and order deliveries to the customer, hence overloading company resources / expertise. * Lack of inventory Management Lack of inventory management and standardized parts not being used in manufacturing, due to unrelated inventory procurement of Zing PC.