dolution
dolution.
dolution.
dolution.
 a Pareto curve for the sales per SKU  of a book stockist. A small number of ‘hot sellers’ constitute most of the sales, whilst  there is a lengthy  tail of slow-selling lines and new introductions. The operations  people are pressing for the ‘tail’ to be chopped in half, arguing that it adds cost,  not value, to the business. They argue that each order is taken at fixed cost, regardless of size. Sales order processing and pick and dispatch from the warehouse are  examples of such fixed costs. ‘Instead, we should focus on the core of the business:  90 per cent of our business comes from just 10 per cent of the titles,’ the operations  director argues. ‘We could chop our costs in half and lose only 5–7 per cent of the  business. Think of the effect on margin!’ Sales, on the other hand, are reluctant to  give up any of the titles, arguing that it is customer choice that drives the business.  ‘We  have  built  up  this  business  on  the  strength  of our  product  range,’  the  sales  director argues. ‘Retailers come to us because we are a one-stop shop. If we haven’t  got  it  in  stock,  we  get  it.’  Explain  the  above  in  terms  of  a  lean  versus  agile  debate, using the concepts of market winners and qualifiers and benefiting from small  volumes.
dolution.
Instructions:
Assess several business structures and their characteristics advantages, and disadvantages for POP. Those structures are: • General Partnership • Limited Partnership • General Corporation • Limited Liability Company
Background: Plenty-O-Plants (POP)
Addison, Benita, Cynthia, and Dante are all successful business owners who are friends or professional acquaintances in the business community. Addison has been the project manager for ten years for a construction company owned by a general contractor. Benita has been the Director of Marketing for a Mid-Atlantic-based carpet cleaning company with franchises on the East Coast. Cynthia owns a mid-sized, successful nursery focusing exclusively on exotic house plants. Sam owns a residential landscaping business. The four recently attended a Chamber of Commerce presentation about “green” businesses. This spurred their interest and they went to dinner following the Chamber event to discuss possible business opportunities. After several meetings, they decided to start a business together. The group decided that a plant nursey, landscaping and design business would be a good fit for their professional experiences, skills, and interests. They agreed to pursue the possibility of launching a Maryland-based service business that they would like to name Plenty-O-Plants (“POP”). The service would focus on offering environmentally friendly native plants in the area. The four met several times with a business consultant to complete an analysis of market trends and demands in commercial landscaping and design and confirm whether POP would likely be a viable business. The market analysis showed an increased demand and need for their services environmentally responsible landscaping businesses in the region. Consequently, the group decided to move forward with their idea to establish and market POP. The potential cleaner owners recently attended a start-up business seminar sponsored by the local chapter of the Small Business Administration. Following the seminar, the owners began to define the nature and scope of the work necessary to prepare a plan for the start-up business. They realize this process requires time, thoughtful analysis, and clear guidelines. They also recognize the need for professional business consultants, such as TLG, to guide their start-up for Clean. Consequently, the four have hired TLG to advise and guide them through the start-up process for Clean.
dolution.
Cases, policies, procedures, and action plans are part of ______________form of knowledge. Select one: a. Documented b. Unstructured c. Semi-structured d. Structured
Which of the following is not a purpose of EDMS?
Select one:
a. Combine text with digital audio and video
b. Indexing, searching and retrieval
c. Forms management allows organisation and structure of data
d. Divergence of the document processing
In Knowledge Management, there are various forms of storing the knowledge. What do we call that form in which knowledge is stored in the form is cases, policies, and procedures?
Select one:
a. Structured Knowledge
b. Unstructured Knowledge
c. None of above
d. Semi-Structured knowledge
Which of the following data landscape is used by the executives in DSS?
Select one:
a. OLAP
b. OLAB
c. ESS
d. OLTP
_______________ is the content of culture which includes jokes, metaphors, stories, myths and legends
Select one:
a. Language
b. Symbols
c. Artefacts
d. Behaviour
DSS helps in making decisions by combining ___________, analytics tools, and models to support structured and unstructured decision.
Select one:
a. Technology
b. Data
c. Information
d. Process
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