Questions and Answers of Supply Chain Management A Logistics

A Nike ad in the U.S. magazine Seventeen showed a picture of a girl, aged perhaps 8 or
The ad read, If you let me play . . .I will like myself more.I will have more self-confidence.I will suffer less depression.I will be 60 percent less likely to get breast cancer.I will be more likely
Should companies be held accountable for actions of decades past, then legal but since made illegal, as their harmful effects became known? Why or why not?
You are taking a very difficult chemistry course, which you must pass to maintain your scholarship and to avoid damaging your application for graduate school. Chemistry is not your strong suit, and,
You have been working on some financial projections manually for two days now. It seems that each time you think you have them completed, your boss shows up with a new assumption or another what-if
You are the cofounder and president of a new venture, manufacturing products for the recreational market. Five months after launching the business, one of your suppliers informs you it can no longer
You are on a marketing trip for your new venture for the purpose of calling on the purchasing agent of a major prospective client. Your company is manufacturing an electronic system that you hope the
Are the following actions ethical or unethical in your opinion?Why? Consider the actions individually and discuss them in small groups.• Calling in sick when you really are not• Taking office
What ethical issues is Heather facing in this situation?What possible marketing claims about the company’s relationship with the Amazonian tribe would cross a line into unethical territory? What
How effectively do you think Ma Earth is practicing corporate social responsibility in this situation? Explain the reasoning behind your evaluation.
Discuss what integration of the global economy means for companies and their managers.
Describe how the world economy is becoming more integrated than ever before.
Define the strategies organizations use to compete in the global marketplace.
Compare the various entry modes organizations use to enter overseas markets.
Explain how companies can staff overseas operations.
Summarize the skills and knowledge managers need to manage globally.
Identify ways in which cultural differences between countries influence management?
Of the four recent award-winning start-ups mentioned, which do you find most likely to succeed? Why?
The Hult Prize has been awarded to new social enterprises from all over the world. Why do you think the competition has a global focus?
In what ways do you think Alibaba’s Jack Ma is responding to the need for global integration? How does his strategy exemplify local responsiveness?
Which global strategy (international, multinational, global, or transnational) do you think is most appropriate for Alibaba? Why?
What is Alibaba’s ethical responsibility for controlling the sale of counterfeit goods on its websites?
What cultural issues can you identify in this example?
Imagine you are the CEO of a major company; choose your favorite products or industry. What approach to global competition would you choose for your firm:international, multinational, global, or
What are the pros and cons of using expatriates, hostcountry nationals, and third-country nationals to run overseas operations? If you were expanding your business, what approach would you prefer to
What are the biggest cultural obstacles that we must overcome if we are to work effectively in Mexico? Are there different obstacles in France? Japan? China?
Visit multiple public places where you can observe the behaviors of one or more ethnic or cultural groups.Examples include major airports, ethnic associations, foreign consulates, religious entities,
Bring a notebook or mobile device and:a. On the left side of the page, make a column titled:“Observation/description.”i. In this section, describe what you saw. Any behavior that strikes you as
Type and hand in your anthropologist’s analysis. This should include:a. Your name, date, and the name of each public place you visited.b. Include 5–10 observed behaviors (left side of
What are some possible advantages of Net-Work Docs serving a global market?
How are the founders balancing pressures for global integration and local responsiveness? Is their global strategy likely to succeed? Why or why not?
What skills of a global manager could help Net-Work Docs succeed?
Describe why people become entrepreneurs and what it takes, personally.
Summarize how to assess opportunities to start new businesses.
Identify common causes of success and failure.
Discuss common management challenges.
Explain how to increase your chances of success, including good business planning.
Describe how managers of large companies can foster entrepreneurship.
How would you categorize Starbucks' decisions to test new products in terms of high or low innovation and risk? Why?
How is Starbucks' decision making about new products different from that of a start-up company, and how is it similar?
How would you like to work for a big company(Starbucks, or choose your favorite) and hold the title“entrepreneur in residence”? What would your job entail?
What market need does my idea fill?
What personal observations have I experienced or recorded with regard to that market need?
What social condition underlies this market need?
What market research data can be marshaled to describe this market need?
What patents might be available to fulfill this need?
What competition exists in this market? How would I describe the behavior of this competition?
What does the international market look like?
What does the international competition look like?
Where is the money to be made in this activity?
• How successfully does Starbucks embody an entrepreneurial orientation? How willing to take risks does it appear to be?
What evidence do you see that Starbucks supports intrapreneurial behavior? What are some of the risks a large company takes in doing so?DISCUSSION QUESTIONS
On a 1 to 10 scale, what is your level of personal interest in becoming an entrepreneur? Why did you rate yourself as you did?
How would you assess your capability of being a successful entrepreneur? What are your strengths and weaknesses? How would you increase your capability?
Most entrepreneurs learn the most important skills they need after age
How does this affect your outlook and plans?
Brainstorm a list of ideas for new business ventures.Where did you get the ideas? Which ones are most and least viable, and why?
Identify some businesses that recently opened in your area. What are their chances of survival, and why? How would you advise the owners or managers of those businesses to ensure their success?
Review Exhibit 7.1. Which myths did you believe? Do you still? Why or why not? Interview two entrepreneurs by asking each myth as a true-or-false question. Then ask them to elaborate on their
With your classmates, form small teams of skunkworks.Your charge is to identify an innovation that you think would benefit your school and to outline an action plan for bringing your idea to reality.
Identify a business that recently folded. What were the causes of the failure? What could have been done differently to prevent the failure?
Does franchising appeal to you? What franchises would most and least interest you, and why?
Find some inspiring examples of social entrepreneurship and describe them to your class.
Identify an entrepreneur in your area you would like to interview.
Contact the person you have selected and make an appointment. Be sure to explain why you want the appointment and to give a realistic estimate of how much time you will need.
Identify specific questions you would like to have answered and the general areas about which you would like information. (See the following suggested interview questions, although there probably
Conduct the interview. If both you and the person you are interviewing are comfortable, using a small voice recorder during the interview can be of great help to you later. Remember, too, that you
Evaluate what you have learned. Write down the information you have gathered in some form that will be helpful to you later on. Be as specific as you can.Jotting down direct quotes is more effective
Write a thank-you note. This is more than a courtesy; it will also help the entrepreneur remember you favorably should you want to follow up on the interview.
Would you tell me about yourself before you started your first venture?
Were your parents, relatives, or close friends entrepreneurial?How so?
Did you have any other role models?
What was your education/military experience? In hindsight, was it helpf45l? In what specific ways?
What was your previous work experience? Was it helpful?
What particular chunks of experience were especially valuable or relevant?
In particular, did you have any sales or marketing experience?
How important was this in starting your company?
How did you start your venture?
How did you spot the opportunity? How did it surface?
What were your goals? What were your lifestyle or other personal requirements? How did you fit these factors together?
How did you evaluate the opportunity in terms of the critical elements for success? The competition? The market?
Did you find or have partners? What kind of planning did you do? What kind of financing did you have?
Did you have a start-up business plan of any kind? Please tell me about it.
How much time did it take from conception to the first day of business? How many hours a day did you spend working on it?
How much capital did it take? How long did it take to reach a positive cash flow and break-even sales volume?If you did not have enough money at the time, what were some ways in which you
What outside help did you get? Did you have experienced advisers? Lawyers? Accountants? Tax experts?
Patent experts? How did you develop these networks and how long did it take?
What was your family situation at the time?
What did you perceive to be your own strengths?Weaknesses?
What did you perceive to be the strengths of your venture?Weaknesses?
What was your most triumphant moment? Your worst moment?
Did you want to have partners or do it solo? Why?
What were the most difficult gaps to fill and problems to solve as you began to grow rapidly?
When you looked for key people as partners, advisers, or managers, were there any personal attributes or attitudes you were especially seeking because you knew they would fit with you and were
Are there any attributes among partners and advisers that you would definitely try to avoid?
Have things become more predictable? Or less?
Do you spend more/same/less time with your business now than in the early years?
Do you feel more managerial and less entrepreneurial now?
In terms of the future, do you plan to harvest? To maintain?To expand?
Do you plan ever to retire? Would you explain?

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