1. Based on Drago's observations, what do you think are the main issues in Technokrat's project managment? 2. What do you think about the awards and incentive? Why havent they had the desired effect? 3. What should Drago do? What difficulties is he likely to encounter?
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1. Based on Drago's observations, what do you think are the main issues in Technokrat's project managment?
2. What do you think about the awards and incentive? Why havent they had the desired effect?
3. What should Drago do? What difficulties is he likely to encounter?
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- In June 193, Kombs Engineering had grown to a company with $25 million in sales. The business base consisted of two contracts withe U.S Department of Energy (DOE), one for $15 milon and one for $8 milon. The remaining $2 mil-lion consisted of a variety of smaller jobs for $15,000 to $50,000 each. The larger contract with DOE was a five-year contract for $15 million per year. The contract was awarded in 1998 and was up for renewal in 1993. DOE had made it clear that, although they were very pleased with the technical perfomance of Kombs, the follow-on contract must go through competitive biding by law. Marketing inteligence indicated tha DOE intended to spend $10 million per year for five years on the follow-on contract with a tentative award date of October 1993. On June 21, 1993, the solictation for proposal was recieved at Kombs. The technical requirements of the proposal request were not considered to be a problem for Kombs. There was no question in anyone’s mind that on technical…CASE 2. Returning Unspent Money Jerome is running Children's Joy Foundation, Inc. to help street children. He receives a government grant of one million pesos for a project to teach out-of-school youths who live in the streets of their city. A year passes, Jerome managed to utilize only Php 500,000 from the grant. Despite his best efforts, he couldn’t convince many poor children or their families to join his program. As per the grant rules, Jerome has to return all the unspent money back to the government by the end of March 31st. But his colleague Raniel says: “If we honestly return the remaining Php 500,000 from the grant, the government officials may think that we are amateurs and ineffective in running the foundation, and they may substantially reduce our grant next year or even worse, they may not give us any project in the future. We should ask for the help of our chief accountant to manipulate our account books and reflect that majority of the grant was utilized for education.…Case 2-Strategy; Food Producer The Yee-Haw Pickle Company in Park City, Utah, has grown in four years to supply 600 retailers nationally. The products include pickles and pickled green beans. YeeHaw’s products are unique for their unusual ingredients, such as wildflower honey used in some of their products. The owners of Yee-Haw are considering how to make the company grow. A large discount store chain with 500 stores wants to add the Yee-Haw product. Required: What type of strategy, cost leadership or differentiation, should Yee-Haw use? Should the owners accept the offer of the large discount chain? What are the key factors you considered in answering requirements a and b?
- 9. Dana is 30 years old and owns a wedding planning business. She takes care of all wedding events details from arranging flowers, tables, theme to catering food to a high standard. She has a good reputation in the market. Recently, she discovered another food catering company with wider varieties and lower prices that her customers will love to have. Thus, she decided to write a negative letter to the current catering company to inform them about terminating their business together. Dana has to plan her negative letter very carefully and to explain the needs of her customers: * A.to avoid responsibility for the message B.to improve future performance on the part of the sender C.to avoid adding a personal message to the recipient D.to gain control of the context of the message E.to minimize damage to the business relationshipEarly one Monday morning in Jamaica, Susan, a Restaurant Manager starts getting ready for the morning’s work operations. She is delighted because tonight he has a date with Marvin, the new Chef that was recently hired. The problem, as Susan sees it, is that Roberta, another Restaurant employee has been just a little too friendly with Marvin lately and that really upsets Susan. Susan has redone the work schedule, assigning Roberta the clean-up shift at night and cutting back on her hours of work. She is hoping that Roberta would quit and out of her way. However, that plan doesn’t seem to be working. Despite a lighter pay cheque and frequent reprimands through the disciplinary process of creating reasons to write to her about her conduct and performance. Roberta has decided to quit her studies due to her inability to fund her tuition. A few days later, Susan noticed Marvin and Roberta having lunch together in the staff dining room. Susan got furious and decided to terminate the services…Asma is a junior management accountant at Flower Cloth Ltd. Asma is given the task of compiling a cost-benefit analysis report on whether the company should purchase an expensive new machine from Radi Ltd, where her brother is the new sales manager. Asma did not tell anyone in Flower Cloth about her brother’s new job. In preparing her report, Asma overstates the qualitative benefits and understates the costs associated with this new machine to help her brother make his first sales as the new sales manage state why and how Asma has deviated from the standards of ethical conduct.
- Asma is a junior management accountant at Flower Cloth Ltd. Asma is given the task of compiling a cost-benefit analysis report on whether the company should purchase an expensive new machine from Radi Ltd, where her brother is the new sales manager. Asma did not tell anyone in Flower Cloth about her brother’s new job. In preparing her report, Asma overstates the qualitative benefits and understates the costs associated with this new machine to help her brother make his first sales as the new sales manager. Required: Discuss why and how Asma has deviated from the standards of ethical conduct.Read the case study and answer the question: RJ Booker, a real estate firm based in Milsons Point, Sydney, emailed Mimi. Mimi had a friend working at RJ booker and she told her that she wanted to sell her unit. The unit was located on the 19th floor of a modern apartment building located in Milson’s Point, almost beside the entrance to Luna Park. Gustavo, the franchisee and principal of RJ Booker in Milson’s Point, asked Mimi if the firm can be her exclusive agent in the sale of her unit. Gustavo explained that if they located a qualified buyer, RJ Booker would be entitled to the standard Real Estate industry commission rates for agents. Currently, this was about 3 percent of the purchase price. Mimi agreed and signed the agency contract. Within five days, Gustavo called Mimi and told her that he had found a buyer for her unit, Alisa. Alisa had told Gustavo that she was ready to buy Mimi’s unit “as per contract” and “depending on the result of a property inspection”. The very next day,…Case 1: Andrew Jacobs & Company Andrew Jacobs and Company employs approximately 280 people in the manufacture of add-on appliances for residential heating and air conditioning units. The company began 15 years ago, producing a home humidifier, and has since expanded into dehumidifiers and air purifiers. It currently produces 30 different models, but because of heavy competition, engineering changes are constantly taking place and the product line is often changing . Each model is made up of between 40 and several hundred different parts, which range from purchased nuts and bolts and prefabricated subassemblies to internally manufactured components . Antrew Jacobs purchases over 2500 parts and manufactures over 1000 parts and assemblies af its own. Many of the parts are used in several different models, and some parts such as nuts and bolts - are used in over 75 percent of the finished products. The finished goods inventory is kept relatively small. Sales are forecast on a…
- Private Insurance provides coverages that can be used to meet specific loss situations. For each of the following insurance situation, identify a private insurance coverage that would provide the desired protection and explain your recommendation; A. John, 32, single parent with 1 dependent child. He recently purchased a house worth PhP 5 million, where half of this amount is mortgaged loan (PagIBIG). He wants to be certain that he would be able to pay his loan in case of disability. B. Rey, 36, married with 3 dependents. His wife is a disabled person and is unable to work. As the sole breadwinner, he wants to be sure that his family would have funds in case of his premature death. C. Marian, 44, owns a trading shop. The premises are rented. The total amount value of goods in her shop amounts to PhP 7 million. She has no savings. She wants to be certain she will be able to run her business if her shop catches fire and other loss. D. Dominic, 15, a talented motor racer. However, his…CASE 3. Man of Word or Man of money? Jake is a brilliant math teacher in a private international school and gets a monthly package of Php 40,000. Another school in Manila offers him a package of Php 70,000. He makes a verbal commitment to the Manila school principal and says, “Sure, I’ll join your school by next month. “ But when Jake submits his resignation to his current school, its principal requests him to stay and offers a new package of Php 90,000. QUESTION: Should Jake take back his resignation? Explain your answer.Brown’s TV Production is considering producing a pilot for a comedy series for a major network. While the network may reject the pilot and series, it may also purchase the program for 1 or 2 years. Brown may produce the pilot or transfer the rights for the series to a competitor for $100,000. Brown’s profits are summarized in the following payoff table (profits in thousands). sate of nature reject 1 year 2 years produce pilot -100 50 150 sell to competitor 100 100 100 For a consulting fee of $2500, an agency will review the plans for the comedy series and indicate the overall chances of a favorable network reaction to the series. Draw the decision tree for this revised decision problem. Label the tree (actions, states of nature, payoffs);