Discussion Question 3 – What do you think?

Please review the 15 Review and Discussion questions on page 396 of the textbook. Pick one of the questions for your initial post. Then participate with the group in their responses per the syllabus directions.

Discussions:

Discussion Questions (DQ) will be posted for students’ consideration. As a point of Clarification – a substantive initial response is approximately 500 to 600 words of quality insight each, from the week’s assigned materials and personal work experience that relates to the topic.

Week 7 Discussion Topic:

How do you think the idea of standard costs could be used in a service industry like a hospital, clinic, law office, insurance company, IT department, non-profit and so on (as it relates to your major)? As a manager of one of these organizations what changes do you think you could make as a result of reviewing the variances we learned this week (materials, labor, overhead)? Be sure to provide specific, relevant examples of the use and analysis of the variance results.

Please watch the class recording if needed from April 12, and answer the following questions (3-4 sentences each would suffice).

1. What were some of the reasons Boeing outsourced the design and development, as well as the manufacturing of the major aircraft modules for the 787 program?

2. In what ways was this decision to outsource to such a degree, fateful and damaging to the 787 program? Explain using the frameworks discussed in class.

3. What steps did Boeing undertake to pull the program back on track?

I’m working on a management exercise and need an explanation and answer to help me learn.

1. HOW COULD A FAMIL JEWELRY STORE USE ONE OF THE COOPERATIVES MOVES MENTIONED IN THIS SECTION? WHAT TYPE OF ORGANIZATION MIGHT BE A GOOD COOPERATIVE PARTNER FOR A FAMILY JEWELRY STORE?

2. WHY IS IT THAT “AN OLD MAP WILL DO” SOMETIMES IN RELATION TO STRATEGIC ACTIONS?

3. Explain the potential benefits of competing in international markets.

4. What are the risks faced when competing in international markets?

The presentation should be inclusive of but not limited to: 

Identify the current issue of the company and why the current strategy is not successful

Identify why your recommended strategy will be successful

1. Include opportunities and threats within the competitive environment
2. Explain how technology is strategically used to assist the company with being successful
3. Identify a business level strategy
4. Identify a corporate level strategy
5. Identify an innovative strategy
6. Is it recommended for your selected company to compete in an international market? why or why not?
7. Important information or strategies you want to highlight