The book Into Thin Air by Jon Krakauer (1998) began as an article in Outside Magazine that chronicled a tragic series of events on Mount Everest. The article is a near perfect example of decision making using social influence, persuasion, and risk taking that had gone badly awry with profoundly tragic consequences. In 1996, a […]
Consumers’ choices are prey to subtle discrepancies that arise in cognitive accounting. Learning how and when you are prey to these discrepancies is an important step in improving your decision-making. People value gains and losses differently under different scenarios. For example, contestants in a game show might choose a guaranteed $10 prize over a 50 […]
Learners, Your research paper should include the following subheadings: 1. Background of the Theorist 2. Background on the Development of the Theory 3. Basic Concepts of the Theory 4. Summary of Current Research that uses the theory RESEARCH PAPER INSTRUCTIONS You will compose an 8-page Research Paper (not including your title, abstract, or reference page) […]
Measuring Supply Chain Performance Results Introduction: Supply chain managers utilize simulation software to modify their chain structures. In this exercise, the student will research current articles and news reports to find real-world examples of this occurrence. Tasks: Search for recent periodical or journal articles that give examples of activities by businesses using supply chains. • […]
Supply Chain Management as a Value Driver In Module 4, you learned that a successful supply chain strategy includes good design and implementation. However, supply chain strategy is not considered truly successful until there is a measurable contribution to the bottom line. To be successful, managers must plan, forecast, and execute the operational plan as […]
Strategic Alternatives Introduction: In this exercise, the student will analyze the supply chain structure and business strategy at Charlie Supply, Inc. Tasks: “Creating Supply Chains for Competitive Advantage” in Michael Hugos: Essentials of Supply Chain Management, answer the following questions: • Explain how their supply chain helps Charlie Supply, Inc. achieve strategic goals? • Describe […]
Breaking Down Barriers to Excellence Service providers that are inside companies or departments are all cost centers. Some examples of these service providers are information technology (IT), audit, and accounting. Departments with cost centers have the benefit of seeing how different parts of an organization interact. The incentives and structure that foster these interactions move […]
Decision Making and Global SCM Introduction: In this exercise, the student will analyze decision making as it applies to SCM. Tasks: Read case study “What Decision Making Structure is Better for the Supply Chain as a Whole” in Bowon Kim: Supply Chain Management. Answer the following questions: Explain how you could use each of the […]
I woke up one august morning in a warm sweat. I ran to thr refrigerator to get a cold drink, but the refrigerator was broken and all the drinks were as hor as me. I walked over to my electric fan, but it wasnt working either. I then turned on the television and finally realized […]
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