The overriding aim in building a management team should be to assemble a critical mass of talented managers who can function as agents of change, work well together as a team, and produce organizational results that are dramatically better than what one or two star managers acting individually can achieve. select people who have similar management styles, leadership approaches, business philosophies, and personalities. choose managers experienced in gathering competitive intelligence. choose managers who are competent in executing a strategy to keep a company's costs lower than rivals and become the industry's low-cost leader. ensure oversight of every step of the value chain.

Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)

Arecession is defined as a period in which

Match the different financial task to their corresponding financial life cycle phases