management exercise and need a reference to help me learn.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism .
Requirements: 800 to1000
Instructions – PLEASE READ THEM CAREFULLY
The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented; marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in
ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted
Place of Submission is Blackboard.
Weight 10 Marks
1. Describe the place of small business in history and explore the strengths and weaknesses of small business.
2. Design a solid projected financial plan and conduct a breakeven analysis for a small company.
3. Demonstrate the ability to deliver and communicate marketing massages in coherent and professional manner.
4. Illustrate the ability to think independently and systematically on developing a viable business model.
Assignment Workload:
This assignment is an individual assignment.
Critical Thinking
Students are supposed to read the attached Case -Panda Sunglasses. Based on your understanding of the case and basic concepts of Entrepreneurship.
Answer the following question:
1. How can social entrepreneurs such as the founders of Panada Sunglasses use their companies’ social missions to attract customers and promote their business? (2 marks)
2. How should the founders of Panada Sunglasses define a unique selling proposition for their company that resonate with customers? (2 marks)
3. Write a brief memo to the founders of Panda Sunglasses outlining a bootstrap marketing plan for the company? (2 marks)
4. Use the business model canvas to illustrate Panda Sunglasses business model. Can you identify other revenue streams that could support the company? How can the company strengthen its relationships with customers? (2marks)
5.How should the founders of Panda Sunglasses use social media to market their company and its products? What can they do to increase the traffic to and generate more sales from their company’s Web site? (2 marks)
The Answer must follow the outline points below:
Each answer should be within the range of 300 to 350-word counts.
Reference
Note: You can support your answer with the course book.
You can use secondary sources available on internet.
Answer:
1.
2.
3.
4.
General Instructions –PLEASE READ THEM CAREFULLY
The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented; marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.
The Assignment`s learning Outcomes:
In the 2nd assignment, the students are required to read thoughtfully the “ Nestlé Waters Unifying real-time visibility across 26 factories” case study , and answer the related questions, upon successful completion of the assignment the student should be able to:
State the importance of standardization and quality standards (CLO2)
Use quality improvement tools and practices for continuous improvement to achieve the organizational change and transformation (CLO3)
Develop analytical skills of identifying pitfalls, or quality concerns through assimilated
and strategic planning. (CLO4)
Instructions to read the case study:
“ Nestlé Waters Unifying real-time visibility across 26 factories” case study
Access below link to read the case study:
“ Nestlé Waters Unifying real-time visibility across 26 factories”
case study
This case study demonstrates the application of change management inside Nestle Waters Company. In addition, it discusses the company need for quality improvement which encouraged its engineers to search for alternative system to collect and analyze their data. Read the case, by using your critical thinking skills answer the following questions:
Explain the driven reasons for changing the quality documentation system in the Nestle Waters. (2.5 marks)
Outline the change objectives for both Retail Manufacturing and Home and Office Manufacturing units. (2.5 marks)
How the InfinityQS® ProFicient™ system can control the operation processes? (2.5 marks)
Describe the management role in the change process? (2.5 marks)
Important Notes: –
For each question, you need to answer not in less than 150 Words.
Support your answers with course material concepts, principles, and theories from the textbook and scholarly, peer-reviewed journal articles etc.
Use APA style for writing references.
Answers:
……
For many reasons, Nestlé changed the quality system. They wanted to protect their reputation as one of the best water bottlers, make sure the water was clean, and make sure they had strong management leadership as we advanced since the changes were very precise and needed to be followed up on by good managers and people (Rothaermel, 2018). To keep the success going by bringing together the vision of 26 factories, meeting customer wants and the desire to offer a wider range of products, and staying true to the company’s passion and vision. It is also important to improve the company’s place in the market by constantly raising quality and operational capacity at each stage of production. It is important to speed up the process of improving quality and keep track of production stages to improve quality and response times to customer needs. Improving quality and response times will help people make more reliable and accurate choices at the right time. The next step was to be able to improve the company’s vision for how it runs its production processes and to give customers real-time information about what they want and how much they want it.
…….
Giving the product the biggest and best features to set it apart from competitors is the aim of change for both retail manufacturing and home and office manufacturing units. It also aims to ensure that management and employees are able to handle issues when imaging and coordinating computers and servers, installing databases, and making changes to factory systems. The most recent modifications, as previously mentioned, not only set up the purchase of computers for every workplace and any necessary increases, but they also set up the Infinity QS system to ensure that work continued to proceed smoothly and efficiently (Kotter, 2012). Additionally, the Infinity QS system can distinguish between management’s desire for the business to maintain an advantage over competitors by keeping its operations and activities apart from them and training its factories to be competitive leaders, and this is because it is a statistical system that provides individuals with the best tools, information, and capabilities. In this manner, the business can adapt to changes in the market for bottled water.
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Infinity QS has some control over the activity cycle thanks to store support. They can also improve the way time is used and fix problems with the creation process. Among other things, this includes making changes to the quality frameworks and having the amazing ability to figure out and find regular changes to the quality frameworks (Armenakis, 2009). Despite this, making sure that tasks and quality systems are similar is used in all parts of functions, as is the ability to add thoughts about the presence of updates that working systems need. Also, being able to help their management with the efficiency and structure they want, as well as giving them all the information they need to run production and working systems in different plants. It goes without saying that the Measurable Infinity QS’s top-notch framework will help businesses and factories keep track of time and make the most of it by using the most up-to-date methods and smart, logical management of work. Finally, the process of making things, managing quality, and all the other things that are needed to do the above jobs.
……
Changes in quality are the responsibility of management. They can do this by changing the organization’s culture, focusing on the customer and making him happy, doing the right work the first time, being sincere and dedicated at work, caring about work parties, being honest with others, and making sure the quality of the services and products, which may need a partial or full redesign. The quality gain that is expected can only happen if all of these parts are present and working right. A consultative management approach is needed to make sure that products meet the standards of total quality management. It is also important to use a consultative management approach that is not based on a single opinion to get more solutions and suggestions for good management, which helps move things in the right direction (Cummings, 2014). According to the following mechanisms, the Infinity QS can control and keep an eye on the operational routines. Getting better at managing and using time efficiently. Second, helping run and keep an eye on retail manufacturing sites by giving them help and supervision.
References
Armenakis, A. A., & Harris, S. G. (2009). Reflections: Our journey in organizational change research and practice. Journal of Change Management, 9(2), 127-142.
Cole, G. A., & Scott, W. R. (2000). The quality movement and organization theory. Thousand Oaks, CA: Sage.
Cummings, T. G., & Worley, C. G. (2014). Organization development and change (10th ed.). Stamford, CT: Cengage Learning.
Daft, R. L. (2010). Organization theory and design (10th ed.). Mason, OH: South-Western Cengage Learning.
Juran, J. M., & Godfrey, A. B. (1999). Juran’s quality handbook (5th ed.). New York, NY: McGraw-Hill.
Kotter, J. P. (2012). Leading change. Boston, MA: Harvard Business Review Press.
Montgomery, D. C. (2013). Statistical quality control: A modern introduction (7th ed.). Hoboken, NJ: Wiley.
Rothaermel, F. T. (2018). Strategic management (4th ed.). New York, NY: McGraw-Hill Education.
