Wednesday, January 8, 2020

Essay on Examining Flexibility in Small Business - 878 Words

1- Preliminary arrangements Progressively and for the sake of qualifying the proposed P-Es gap measurement context, the paper endorsed a number of acknowledged scholar techniques. The objective was to farm those techniques in order to spell out an acceptable managerial instrument, and to anticipate the concept of flexibility. a) Questionnaire /constructs development For developing a questionnaire, exploratory research is needed to investigate the likely determinants or attributes to be considered. Personal or focus interviews with the service users would be recommended. And for defining the scale attributes, a manager can capitalize on the previous empirical works cited in literature that are relevant to his or her own†¦show more content†¦favorable) to 1(e.g. unfavorable). The observed frequencies of each category, however, are counted and being weighted to imply that a greater importance is attached to respondents with certain characteristics of the scale. The arithmetic means produced of scales categories guide only the analysis and merely generate a directional insight, and do not provide specific numerical magnitude. Our methodology endorses such a rating scale. c) Sample Size and Control The introduced methodology uses a sample size of less than thirty ( 30). X-bar construction could be based on a sample size as small as four (Oa kland, 2003:106); DeVor, Chang, and Sutherland, 1992:198), but larger samples help detecting spordiac causes, however. As most small businesses are well aware of their customers profile, the sampling frame becomes easily identified. It is rather important to precisely define the respondents, or to set up a filtering question(s) at the early beginning of the expectation and perception questionnaires. However, the convenience sampling method is chosen for developing the expectations questionnaire, while the simple random sampling approach fits the perceptions questionnaires. These proposed sampling techniques provide a level of validity to the samplesShow MoreRelatedBusiness Cost Structure Of Business1022 Words   |  5 PagesAfter examining past studies, I picked out the factors that I consider to be most relevant and most determining, and I propose five hypotheses. H1: Business cost structure is positively correlated with the company’s propensity to outsource its information system. Business cost structure refers to all the costs directly associated with the actual production and management of the company s production line. Business cost structure is an important factor of an organization’s profitability; thereforeRead MoreProject Management : Design Management1278 Words   |  6 Pagesintroduced to project management. In recent years, merging of agile methodology and project management is occurring. Agile project management can be explored by researching agile methodology in software engineering. Agile project management combines the flexibility and responsiveness of agile methodology with the clearly defined framework of project management. The agile project management approach evolved from the software industry where it has grown and developed (Johansson, 2012). Agile is a set of principlesRead MoreIndonesian Marketing Case Study803 Words   |  4 Pagesupon business partners in accordance with their production and operations. Even though SME probably has greater operational flexibility, by the same token, Abe et al. (2012) argue that SME usually has quite low overhead in terms of production and operations. They also mention that SME has specialization in niche market hence this characteristic possibly aligns with the finding that shows sales and marketing as the most mature business area of company. 1.1.1 Information Technology Business ValueRead MoreRobustness Check Essay907 Words   |  4 Pagesyears, and 12 years. Again, results were mostly consistent. Lastly, I defined diversified firms as those whose Herfindahl-Hirschman indexes of business segmentsare below 0.9 instead of one, and results remained consistent. Discussion Though the close relationship with customers is a source of competitive advantage (Dyer, 1996), it risks a firm to lose flexibility and long-term performance (Danneels, 2003; Slater et al., 1998; Hamel et al., 1996). In this sense, simply responding to current customers’Read MoreIndividual Ethics Awareness Inventory1087 Words   |  4 Pagespersons ethical perspective s based upon what it is good to be, rather than what it is good to do (Brody, 2007). People who emphasize character believe that moral excellence is the goal, and that judging morality involves looking beyond actions and examining character (Brody, 2007). When obligation is the most important issue, the person is focused upon the obligation to do what is morally correct (Brody, 2007). People who focus on obligation believe that a set of identifiable ethical principles, involvingRead MoreA Small And Median Business Enterprise1465 Words   |  6 Pagestheory of power, conflict and legal issues in a Small and Medi an Business Enterprise (SME) ‘Grove Juice’. It will develop an integrated overview of Grove Juice background and define concepts related to the distribution channel of a Business to Business (B2B) relationship in marketing. Through examining B2B relationships for the Grove Juice company, readers will have a better understanding of power and conflict issues that are associated with the business. It will also explain how the issues in productsRead MoreNational Bicycle1644 Words   |  7 Pagesbicycle is a business decision: determining how much order lead time to incorporate into the production of the bicycle that will both match the production requirements and capabilities of the Company and also satisfy the demands of the consumer. After careful analysis of National Bicycle, examining its production capabilities and business goals of the product, a lead-time of 10 days will help the Company achieve its goals. It is long enough to provide the Company some flexibility in productionRead MoreNational Bicycle1630 Words   |  7 Pagesbicycle is a business decision: determining how much order lead time to incorporate into the production of the bicycle that will both match the production requirements and capabilities of the Company and also satisfy the demands of the consumer. After careful analysis of National Bicycle, examining its production capabilities and business goals of the product, a lead-time of 10 days will help the Company achieve its goals. It is long enough to provide the Company some flexibility in productionRead MoreThe Importance Of Planning For Disaster Response And How The Lack Of Planning1208 Words   |  5 Pagescoordinating with other community partners to identify gaps in services and to avoid any duplication of efforts or resources†. (3) Additional areas discussed include, testing the plan once it is developed, examining logistics, and applying lessons learned to the planning for the future to ensure flexibility. 2) List the specific issues addressed and where they tend to occur in the project management lifecycle. Planning, of course, occurs early in the project life cycle – or, at least, it should. ButRead MoreDefinition Of Modern Management Approaches925 Words   |  4 Pagespredicting the supply demands in future to identifying the needs and behavior of customers in future. Wren and Bedeian (2009) state â€Å"the task of writing history is never done, for each day brings fresh ideas, new evidence, and variant ways of examining the tasks of the manager† (p. 419). As a consultant in T-Mobile I have experienced this evolution in many areas; my roles and responsibilities were transformed to better fit the needs of the team and organization, onboarding process was evolved so

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.