Case Study Timmings plc, a small engineering firm.

Pg. 529 Case Study: Timmings plc (a) Using the case as an example, explain what is meant by 'increasing the scale of operations'. By 'increasing the scale of operations' it is meant that it increases the variety of jobs (operations) it does. For example with Timmings plc, it started as a small engineering company, it repaired agricultural implements for farmers in Hereford and Worcestershire. Now it has a full line of skid steer and mini skid loaders as well as attachments, mobile screening plants and six models of mini excavators and it recently added a complete line of potato harvesting, irrigation and handling equipment, and now it manufactures and distributes worldwide. This is an example of increasing the scale of operations, as it started doing only one thing and now it does many more, so in needs more resources, but it produces much more output. (3) (b) When Timmings began to grow it became more productively efficient. Explain what this means. Productively efficient occurs when a business is utilizing all of its resources efficiently, producing most output from least input. When a business does this, it is said to be enjoying of economies of sales. When Timmings plc moved into the large production facility in Birmingham it probably took advantage of economies of scale, having lower average costs and lowering risks. With this, larger

  • Word count: 687
  • Level: International Baccalaureate
  • Subject: Business Studies
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The Leadership and Organizational Dynamic. Classroom development of group working.

Experimental Work in Progress Week 1 to Week 6 For The Subject of HBH330N Leadership and Organizational Dynamic Semester 2, 2011 Written by: Justin Goh Vui Luk 4215362 Swinburne University of Business and Technology Sarawak Campus Subject Convenor : Loreta Uie Ling Ling Table of Contents .0 Week 2............................................................3 2.0 Week 3............................................................5 3.0 Week 4............................................................7 4.0 Week 5............................................................9 5.0 Week 6............................................................11 .0 Week 2 Date 5 September 2011 Task/ Incidents Ice Breaking Session and Group Development PLG Members Justin, Mainul, Samir, Peng. Selecting & Describing What did I see? What did I hear? What did I feel during the incident? What happened during the activity? In the first week tutorial class, our class was separated into few sub groups consist of four students. As the class is basically a new environment where most individual do not know each other, our tutor had tasked us into undergoing brainstorming session where each individual were to introduce each other in their respective PLG group before appointing a leader. The tutor also instructed us into creating logo and name of our own group and later present it in

  • Word count: 3292
  • Level: International Baccalaureate
  • Subject: Business Studies
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Human Resource Management - learning styles, Government training programmes in Trinidad and Tobago

NAME: REANA SINGH COURSE: BTEC HND HUMAN RESOURCE MANAGEMENT SUBJECT: HUMAN RESOURSE DEVELOPMENT DUE DATE: 27TH APRIL, 2011 TASK 1 'I don't need theory or models. I just need financial resources'. This statement made by the Chief Operating Officer who is responsible for the organisation's Human Resource Development. According to Honey and Mumford (1992) they noted that 'people vary not just in their learning skills but also in their learning styles'. They formulated a popular classification of learning styles in terms of the attitudes and behaviours which determines the individual's preferred way of learning. These styles are the Activist, Reflector, Theorist and Pragmatist. The activist learning style is a person who will try anything which involves new experiences. They are open-minded and enthusiastic but are easily bored by long term implementation and consolidation. They act first and think about consequences later. They are the type that likes challenges, tackling problems and brainstorming. On the other hand the reflector style is a person who stands back and observes and think about new experiences. They analyse all data available before making a decision. This type of style may be used by a person who likes to adopt a low profile and also likes to listen and observe others carefully. With the theorist style this person thinks on logic. Theorists are eager on

  • Word count: 3151
  • Level: International Baccalaureate
  • Subject: Business Studies
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Nucor Corporation has enabled to expand its operations from a small American steel company to a now globally known major steel producer in the United States through the aid of its various competitive advantages. Nucor Corporation obtained its competitive

Running head: NUCOR CASE STUDY Nucor Case Study [Author] [University] Nucor Case Study Introduction Starting its operation as a producer of nuclear instrument and electronics, Nucor Corporation has able to shift its business inclination to steel production and gain significant market dominance in the American steel industry as well as expand robustly in the international market through joint business ventures with foreign steel companies. Through the great outlook and leadership skills of F. Kenneth Iverson, Nucor Corporation has enabled to expand its operations from a small American steel company to a now globally known major steel producer in the United States through the aid of its various competitive advantages. Nucor Corporation obtained its competitive advantage of providing cheaper steels in the market through minimizing its production costs by stressing the importance of technology and workforce efficiency on its production line. Nucor has been known for being the pioneer on the implementation of new technologies on producing steels in the American market and one of the top companies around the globe that extensively investing to highly advanced equipments for steel production. In addition to this, despite of economic set backs happened in the United States and other regions internationally, Nucor Corporation remains "healthy" or stable while other major steel

  • Word count: 3746
  • Level: International Baccalaureate
  • Subject: Business Studies
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Problems of Donner company. the Donner Company manufactures printed circuit boards to the specifications of its different customers, the electronic manufacturers. It employs new designs and prototype production techniques that enable the company to becom

Problems of the Donner Company As reported, the Donner Company manufactures printed circuit boards to the specifications of its different customers, the electronic manufacturers. It employs new designs and prototype production techniques that enable the company to become more adept in anticipating and resolving the problems of its consumers, over its competitors. However, despite the effective maintenance of the company's workers over its operations, several problems have been encountered in sustaining the operations of the company, which become the source of its loss of profit and sales. The problems identified and described by Mr. Plummer include problems related to operations, productivity, quality and delivery. Primarily, the operation of the company is declining, due to production bottleneck. The shifting of workload from one operation to another without pattern causes this bottleneck. The company is having a hard time anticipating the workload pile up in the shop daily because individual orders from clients impose varying workloads on each operation. The variation in the workload depends upon the differences in the size of the order that bypass some operations and from the differences in circuit designs. In addition, the company entertains four-day rush orders, which require rework at one or two operations, thus, delaying the process of delivering artwork modifications

  • Word count: 1874
  • Level: International Baccalaureate
  • Subject: Business Studies
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Training in recession?

Running Head: Training in recession? Training in recession? [Name of the student] [Name of the institute] Training in recession? Introduction As associations reassess their staffing grades, numerous workers are being inquired to manage more with less. Aside from decreasing headcount, numerous associations are cutting back on employee-related costs, even if they can supply long-run benefits. Examples encompass submission training and journey to client assemblies in which employees can mesh and exchange best practices. This item talks about the expanded significance, advantages, and dangers associated to employee training in a recession with esteem to enterprise systems. Economic consequences of recession on organisations and their teaching budgets The review discovered that, in general, the economic urgent position had adversely influenced the organisations in which the respondents were employed. Overall, 46% of the review respondents considered that the economic place of their administration had worsened in the preceding 12 months. Furthermore, the economic recession had directed to slashes in the allowances assigned for workplace training inside businesses and organisations. Some 32% of respondents described that capital accessible for discovering and development in their organisations had declined inside the preceding 12 months. In the personal and public parts,

  • Word count: 2929
  • Level: International Baccalaureate
  • Subject: Business Studies
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Case study - the following will explore the possible causes of why overseas Chinese young female students like Topshop so much.

University of Portsmouth GL5 Group 5 Research Question: To what factors make Topshop so popular among the Chinese female students in the UK. Student number: 468470 Tutor: Grahame.Luff To what factors can Topshop become more popular among Chinese female students. * Introduction Topshop is a fast fashion brand which likes a fashion miracle and it is a successful story of fashion industry gradually. Lots of overseas Chinese young female students choose Topshop to be their favorite fashion brand among large number of high street brands. A number of studies have focused on why Topshop get succeed and become a fashion miracle. However, it seems that insufficient investigations have been took on the issue about why Topshop is so famous among Chinese young female students. Therefore, the following will explore the possible causes of why overseas Chinese young female students like Topshop so much. * Background Topshop was founded in London in 1964 and it is owned by the Arcadia Group. At that time it only has a Shoppe in Sheffield. From 1974 Topshop become an independent retailer. Jane Shepherdson is a woman who wants to make Topshop become an authority fashion brand and when she became the majordomo of Topshop, Topshop started to develop to be a successful story of fashion industry. Nowadays, Topshop is one of lead clothing retailers in the United Kingdom. It sells fashion

  • Word count: 1661
  • Level: International Baccalaureate
  • Subject: Business Studies
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Steroid Use in Baseball

TUI BUS ETH 301 Module 3 Case Assignment Professor's Name: Dr. Gold August 17, 2009 Steroid use is a problem in Major League Baseball, these players cannot be trusted to set the example for future little leaguers. All baseball players that use steroids or any other type of illegal drug should be banned from playing the sport indefinitely. Those players that use drugs are cheaters; this type of behavior displays an unfair advantage over other players that play for the love of the game. Barry Bonds, Mark McGwire and Jose Canseco among many other players that used drugs to enhance their performance have made a mockery of MLB. As a writer wrote from the National Sports Media from over the last four years, a 60 foot sign displayed in Philadelphia reads "Babe Ruth did it on Hotdogs and Beer. Hank Aaron did it with class. How did you do it?" This was a question that rested on the assumption that Bond's steroid use differentiates him from Aaron and Ruth, who set career homerun records without steroids. This widespread of steroid use limit's the choice and playing time of the non-users. The penalties and fines should have been stiffer, "Players Tested Positive for steroids" are: 1. First positive test result: a 10-day suspension or up to a $10,000 fine; 2. Second positive test result: a 30-day suspension or up to a $25,000 fine; 3. Third positive test results: a 60-day

  • Word count: 1122
  • Level: International Baccalaureate
  • Subject: Business Studies
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The opportunity exists whereby RDB Palace, a low budget hotel, can differentiate itself to be known as the best budget hotel in the city of Jaipur. It is looking at the marketing strategies in order to reach that level.

Acknowledgements I would like thank the following for giving their time and suggestions for my project. * Mr.Ashok Baheti- Owner, Hotel RDB Palace * Mr. Roscoe D'Souza- My Business and Management Teacher * Mrs. Anvita Chaturvedi- My Business and Management Teacher Executive Summary RDB Palace has established itself in the hotel industry but it still needs to look upon certain things in order to differentiate itself from other hotels and create its own brand name. As more and more business deals are taking place in Jaipur, it has created a potential market for the hotel industry. The advancement in the e-commerce industry has not only helped hotels to reduce its advertising costs but also has helped to target a larger crowd. This report would help RDB Palace differentiate itself and increase its profitability. So the question for this report is "how can RDB Palace differentiate itself to increase its profitability?" Initially the report would introduce the hotel. The research proposal would outline the rationale, theoretical framework and methodology of the assessment. The primary research such as main results and findings would help to state the present condition of the hotel, and the survey and positioning would help to compare its position with the other competitive hotels and would give a better picture of its position in the market. The SWOT and PEST analysis

  • Word count: 3437
  • Level: International Baccalaureate
  • Subject: Business Studies
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Unit 4: Describe the recruitment and retention process and documentation in a selected organisation.

P1 - Describe the recruitment and retention process and documentation in a selected organisation. This business report will be about the importance of employing suitable people. Firstly the recruitment and retention process will be discussed with a flow diagram of the business plan. After this, different documentation will be discussed for example, a job description, person specification and an application form. All of this will be related to Epping Forest College and a specific job vacancy which is available at the college. The job vacancy is an AAT teacher. Employer: Epping Forest College Location: Loughton, Essex Salary: £16,980 - £30,705 Contract: Part Time and Fixed Term Contract Job Type: Lecturer Closing Date: 8 January 2010 Human Resources Recruitment and Retention Finding the best suitable person is one of the most important factors of a business, if they employed someone who is not suitable the likelihood is the wrong business decisions will be made. This is why they must employ the most suitable candidates for the best business decisions to be made. There are many different ways in which a business can attract workers. Traditional methods now have to compete with internet based methods of recruitment. Examples of traditional and internet based methods are: - Traditional Methods Internet based methods Newspaper advertisement Online application

  • Word count: 1889
  • Level: International Baccalaureate
  • Subject: Business Studies
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