Explain the following based on your knowledge and give sample scenario in the business: 1. Core Competencies Analysis 2. Performance Analysis Elaborate your answer.
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Explain the following based on your knowledge and give sample scenario in the business:
1. Core Competencies Analysis
2. Performance Analysis
Elaborate your answer.
Step by step
Solved in 2 steps
- 1. The Operations Manager is confronted with the following raw data, and asked you as Data Analyst to get insights from it. Apply your knowledge of regression analysis in order for you to derived the appropriate insights; and what advise can give to the Operations Manager. I Age of Machine (in years) Machine Number of Breakdowns Machine Operator on Duty (Majority are) 12 F 2 7 F 3 4 8. 4 M 13 11 6. 9. 7 7 4 2 8. 18 12 F 9. 24 14Write a 1000 words report on a case study. You have recently started a new job as a junior operations manager at Pet Kingdom, a petsupplies retailer. You are writing these reports to your line manager, Ms Lionheart, so theappearance and language of your reports need to be professional. CASE STUDY - Forecasting Your line manager, Ms Lionheart, has collected and scrutinised performance data for thecompany. She was concerned that the inventories were high for certain products which hadresulted in significant price reductions and losses for the company. At the same time, thecompany had run out of stock for other items early in the season resulting in unsatisfiedcustomers and lost sales. Ms Lionheart has concluded that the problem was not with thespecific products carried in the stock, but with the quantities ordered by the procurementdepartment for two popular products; Dog Ball Launcher and Lightweight Dog Lead.Dog Ball Launcher is a product carried by the company for the past four…Attempting to link improvements to business strategy, explain how the generic performance measures can contribute to the overall strategy objectives of an organization.
- Describe how a Balanced Scorecard can represent cause-and- effect hypotheses of a company’s strategy across financial, customer, process, and learning and growth perspectives.Explain benchmarking.Briefly explain two (2) potential pitfalls encountered in the design of performance indicators andmeasurement systems.
- Candidate A’s scores for the non-monetary attributes are given below. COMMITMENT100 MANAGEMENT EXP 10 IDEAS 65 CHARITY EXP 0 EDUCATION 10 Q: Using the weights given in part (b), show how the personnel manager obtained a score of 50 (subject to rounding) for this candidate?Corporation is preparing its balanced scorecard for the past quarter. The balanced scorecard contains four perspectives: financial, customer, internal business process, and learning and growth.Please do not give solution in image format thanku Create a market pay line using the following benchmark jobs: administrative assistant, operations analyst, production worker, and benefits manager. Clearly label your job evaluation points and salaries. Administrative Assistant Company # of Job Incumbents Average Base Pay A 4 $37,500 B 4 $32,000 C 3 $33,000 D 5 $39,000 E 4 $36,500 F 4 $35,000 Operations Analyst Company # of Job Incumbents Base Pay A 2 $63,500 B 4 $59,000 C 3 $61,000 D 5 $67,000 E 3 $63,500 F 3 $65,000 Production Worker Company # of Job Incumbents Base Pay A 9 $27,500 B 12 $25,000 C 11 $31,000 D 13 $33,000 E 8 $29,000 F 10 $28,500 Benefits Manager Company # of Job Incumbents Base Pay A 1 $62,000 B 2 $57,500 C 1 $63,000 D 1 $67,000 E 2 $62,000 F 1 $65,000
- what is Performance Evaluation in strategic management with example pleaseWhy do casual analysis, statistical analysis, and Pareto analysis have different names? Which category does the ODC technique fall under?n HCI one must be well versed with the critical roles of the following team members as regards good and well-composed outputs. a) Development Team b) Human factors team c) Visual Design team d) Usability assessment team e) Documentation team f) Training team Elaborate each team's roles showing any unforeseen challenges that they might encounter.