Q: Southwest Airlines set ‘operating efficiency’ as its strategic theme. The
Southwest Airlines set ‘operating efficiency’ as its strategic theme. The four perspectives embodied in the balanced scorecard were linked together by a series of r...
See AnswerQ: The term ‘big data’ refers to large collections of data that
The term ‘big data’ refers to large collections of data that may be analysed to reveal patterns, trends and associations. The term is often associated with social media data, but big data may also ref...
See AnswerQ: According to an article in Financial Management, ‘A sustainable supply
According to an article in Financial Management, ‘A sustainable supply chain manager needs to understand all issues within a company’s supply and value chain’. Some of these issues are cost related,...
See AnswerQ: Electric vehicles are a potential part of the solution to reduce our
Electric vehicles are a potential part of the solution to reduce our planet’s CO2 emissions and reduce reliance on fossil fuels. They are however more expensive than vehicles using internal combust...
See AnswerQ: Insteel Industries decided to implement ABM at their plant in Andrews,
Insteel Industries decided to implement ABM at their plant in Andrews, South Carolina. The ABM team analysed operations and identified 12 business processes involving a total of 146 activities. The...
See AnswerQ: Until very recently, the Boeing 737 jet was the world’s most
Until very recently, the Boeing 737 jet was the world’s most popular and reliable commercial airliner. However, the grounding in mid-2019 of its latest generation of this plane, the 737Max, after two...
See AnswerQ: Every time Apple releases a new device it cannot satisfy immediate demand
Every time Apple releases a new device it cannot satisfy immediate demand. This is a result of Apple’s precise JIT manufacturing system. Apple does not wish to take the risk of producing more devices...
See AnswerQ: Many low-cost carriers such as easyJet and Ryanair regularly offer
Many low-cost carriers such as easyJet and Ryanair regularly offer flights to customers at low prices. They continue to do this even during depressed economic times. Both continue to make good profits...
See AnswerQ: In recent years, two global companies have had to deal with
In recent years, two global companies have had to deal with some quite large costs as a result of quality control failures. First, take the example of Toyota cars in the USA. In late 2009 and early...
See AnswerQ: A CBS News report from August 2019 highlights the issue of the
A CBS News report from August 2019 highlights the issue of the increasing cost of water to domestic consumers in the USA. The average consumer bill is $104 per month, and this amount is an increase...
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