Should Tom Pastorius buy Penn Brewery? Explain. Tom Pastorius says, “I’m not a good employee.” What does he mean? Do you think the same is true of most entrepreneurs?

Entrepreneurship

Students are supposed to read the attached Case -Penn Brewery. Based on your understanding of the case and basic concepts of Entrepreneurship.

Answer the following question:

  1. Should Tom Pastorius buy Penn Brewery? Explain. (3 marks)
  2. Tom Pastorius says, “I’m not a good employee.” What does he mean? Do you think the same is true of most entrepreneurs? (4 marks)
  3. What challenges does selling the businesses they create pose for entrepreneurs? (4 marks)
  4. If Pastorius decides to buy the brewery, what steps should he take before closing the deal? (4 marks)

The Answer must follow the outline points below:

  • Each answer should be within 200 to 500 range of word counts.
  • Reference

Note: You can support your answer by the course book.

You can use secondary source available on internet.

 

How did the physical environment of the cave affect the rescue plan? Explain. How did the rescue team respond to the risks of the project? Explain.

Assignment-2: Case Study & Discussion questions

Assignment Case study Question:                                                              (Marks 9)

Read the Case-8.3 “Tham Luang Cave Rescue.”  from Chapter 8 “Scheduling Resources and Costs” given in your textbook – Project Management: The Managerial Process 8th edition by Larson and Gray page no: 304-307 also refer to specific concepts you have learned from the chapter to support your answers.  Answer the following questions for Part-1, Part-2.

 

Part-1: Case study questions

  1. How did the physical environment of the cave affect the rescue plan? Explain in 250 words (3 Marks).
  2. How did the rescue team respond to the risks of the project? Explain in 250 words (3 Marks).
  3. Some have called the rescue a miracle and that luck was the decisive factor. Do you agree? Explain in 150 words (3 Marks)

 

Part-2: Discussion questions

Read Chapter 8 Pg-No. 279 & 281 carefully and then give your answers on the basis of your understanding.

  1. Why would people resist a multi project resource scheduling system? (3 Marks) (200 words)
  2. What do you think would have happened if the Washington Forest Service did not assess the impact of resources on their two-year plan? (3 Marks) (200 words).

 

How does PMBOK Chapter 2 help bolster your understanding of the principles Heagney offered in Chapter 16. B) Specifically, which components of PMBOK Chapter 2 do you find most helpful, and why?

Project Management Principles

After actively reading and reflecting on the assigned module readings this discussion assignment is to draw from module materials, and initiate a meaningful, substantive, well-thought-out, and in-depth discussion. In three paragraphs this discussion will be presented following these tasks.

1. Task One (Chapter Summary)

Present a summary including the general key points of Heagney, Chapter 16.

2. Task Two (Heagney’s “Project management Principles” )

Between pages 209 and 213, Heagney offers twenty-two suggestions of how to make project management principles work for your company. Select, and further examine THREE principles of your choice. Your discussion must interrogate, and expand on the selected “principles”. Referencing the assigned videos is required. Referencing other external sources/research to help bolster your understanding of the selected principle is highly encouraged.

3. Task Three (Cross-Referencing)

Cross-reference your three selected three “principles” with the corresponding PMBOK chapter, Chapter Two: A). How does PMBOK Chapter 2 help bolster your understanding of the principles Heagney offered in Chapter 16. B) Specifically, which components of PMBOK Chapter 2 do you find most helpful, and why?

Explain the importance of recruitment and retention of employees. Explain why proper recruitment and retention of employees impact the culture of the workplace and overall business, including the business’ finances.

Recruitment and Retention

1) Explain the importance of recruitment and retention of employees.

2) Explain why proper recruitment and retention of employees impact the culture of the workplace and overall business, including the business’ finances.

3) Explain the difference between a candidate being a “good fit”, yet with meets the minimum requirement for the job versus having a candidate with a “great” resume, yet is not a “good fit” for the job.

For this discussion, you will need to explain the importance of recruitment and retention of employees. Explain why proper recruitment and retention of employees impact the culture of the workplace and overall business, including the business’ finances. Ensure to include the legal mechanisms as part of the discussion. Additionally, is there a difference between a candidate being a “good fit”, yet with meets the minimum requirement for the job versus having a candidate with a “great” resume, yet is not a “good fit” for the job? Explain. Provide non-biased rationales for both: “good fit” candidate meeting minimum requirements and “great” resume yet is not a “good fit” for the job.

Describe the various primary data collection techniques. Examine the circumstances in which collecting information on consumers is ethical.

Week 8: Interactive Learning Activity

8.1 Learning Outcomes:

  • Describe the various primary data collection techniques.
  • Examine the circumstances in which collecting information on consumers is ethical.

 8.2 Action Required:

  • Chapter Name: Read Ch-10 “Marketing Research” from Dhruv Grewal and Michael Levy (2022) “Marketing” (8th Edition). McGraw-Hill Education, Digital Version: ISBN13: 978-1-260-71743-3.

8.3  Test your Knowledge (Question):

  • Discussion Question #1: Tamimi Markets has a great new customer appreciation program with the name “Tamimi Rewards” (https://tamimimarkets.com/). These programs collect purchasing data and build consumer profiles. How can supermarkets such as Tamimi use these data to create value for the firm and consumers? Discuss.

8.4 Instructions

  • Answer this question in test your knowledge section.
  • Post your answer in the discussion board using the discussion link below

(Week 8: Interactive learning Discussion)

 

Why group thinking is not good for the group? Write with example. What are the differences between Divergent and Convergent thinking?

8.3 Test your Knowledge (Question):

 

Read the article in the following link:

https://hbr.org/2015/11/the-problem-solving-process-that-prevents-groupthink

  1. Why group thinking is not good for the group? Write with example.
  2. What are the differences between Divergent and Convergent thinking?

 

Describe the concept of operations functions, supply chain strategy, process selection, forecasting, capacity planning, production forecast methods and schedule operations. What do you understand by Supply chain Management?

Operations Management

Describe the concept of operations functions, supply chain strategy, process selection, forecasting, capacity planning, production forecast methods and schedule operations.

Watch the short video in the following link

What do you understand by Supply chain Management?

 

Select a company of your choice and conduct research on how it manages conflict or research a company’s handling of a specific conflict. Evaluate the conflict by applying the concepts discussed in Chapter 10 and write an analysis.

MGNT  310 Research and Analysis #1   CONFLICT

Select a company of your choice and conduct research on how it manages conflict or research a company’s handling of a specific conflict.  Examples of conflicts: union problems, internal dissension among the rank and file, conflict among board members, problems with CEO/President, conflicting values in corporate culture, any types of interpersonal conflict such as specific employee complaints (examples: harassment or bullying, etc.) Include the sources of your research (titles, authors, name of publications or website).

If you have an example from your own experience and are willing to share it, you can substitute in your own example. Include adequate, specific details from your observations of the experience to support your analysis.

Evaluate the conflict by applying the concepts discussed in Chapter 10 and write an analysis which includes:

1) Summary review (16 points)

  • A description and identification of the type of conflict or conflicts (Refer to the types of conflicts discussed in class and identify which types are relevant to your example. Be as specific as possible)
  • Cause or source of the conflict (usually people, but can also be company structure, procedures, ethical standards, etc.) Be as specific as you can in your discussion of the causes or source of the conflict.
  • Ways of managing the conflict (How does a company or how did they handle the conflict? Refer to Fig. 10.1)
  • Outcome, results, impact of the way the conflict was managed or is managed by the company

2) Evaluation of the effectiveness of the conflict management and recommendations on ways to improve or enhance conflict management (12 points)

3) Takeaways on conflict (what are the essential lessons you learned about conflict management from your research). You will share these takeaways in group work in the class. (12 points)

Grading criteria: total possible points 40

(Total assignment minimum length: 2 pages)

 

 

What are ways that Malek can ensure alignment from managers in both organizations about data collection for the purposes of performance management? How can Malek set goals and reinforce those goals with employees, specifically since individuals are coming together from two organizations?

Organizations management

Malek is a member of a three-person management team for a small business merging with another organization. Both companies have experienced poor performance from staff, a decline in sales, and low morale. The newly appointed Chief Operations Officer (COO) has asked Malek to create a performance management appraisal system to improve poor performance, issues with decreased sales, and low employee morale.

Although Malek knows the other managers on his team, he is not familiar with how the managers in the other organization have approached performance management. Malek is also unsure about the experiences of his new co-managers with recording performance management and what their attitudes to collecting this kind of data might be.

Putting yourself in the place of Malek, and based upon the information provided in this scenario, address the following:

  • What are ways that Malek can ensure alignment from managers in both organizations about data collection for the purposes of performance management?
  • How can Malek set goals and reinforce those goals with employees, specifically since individuals are coming together from two organizations?
  • What are some potential approaches that Malek could take to ensure that performance appraisals are reliable and consistent across the new organization?
  • What are key performance indicators (KPIs), or methods of measurement will you use to track performance

 

Present a PowerPoint presentation using Porter’s Five Forces to evaluate an organization. The presentation should be between 7-12 slides.

Assignment 2: Porter’s Five Forces Assignment

In unit 4, you will turn in and present a PowerPoint presentation using Porter’s Five Forces to evaluate an organization (your organization if you would like). The presentation should be between 7-12 slides. You will be expected to present the following:

  • Industry Background
  • Organizational Background
  • Analysis Based on Each of the Five Forces

1.Threat of New Entrants
2.Bargaining Power of Buyers
3.Threat of Substitute Product or Services
4.Bargaining Power of Suppliers
5.Rivalry among existing competitors