Small Group Discussion (Class will be divided intoGroups of up to 5 students)
We have made the point that managers often attempt to maximizethe contribution margin per unit of a particular resource thatlimits output capacity. The following are five familiar types ofbusinesses:
Small medical or dental practice
Restaurants
Supermarket.
Builder of residential housing.
Auto dealerâs service department.
Instructions:
Within a group of students:
Each student will be assigned one of the five familiar types ofbusinesses
(MUST POST FIRST) Initial Post â As an employee, writean internal memo to your manager addressing thefollowing:
For each type of business, identify the factor that you believeis most likely to limit potential output capacity.
Suggest several ways (other than raising prices) the businesscan maximize the contribution margin per unit of this limitingresource. (Hint: These businesses often do implement the types ofstrategies you are likely to suggest. Thus, your solution to thiscase may explain basic characteristics of businesses that youpersonally have observed.)
For your response post, you will be taking on the roleof the manager and respond to your employeeâs and anothermanagerâs memo. For the employee memo, Inform the employee asto what specific managerial decisions, conclusions, and/orjudgments can you make from the information provided in that memo.For the manager response, provide an alternative conclusion basedon the information provided.
Need both respond to an employeeâs and anothermanagerâs memo for SMALL Medical or dentalpractice....
Small Group Discussion (Class will be divided intoGroups of up to 5 students)
We have made the point that managers often attempt to maximizethe contribution margin per unit of a particular resource thatlimits output capacity. The following are five familiar types ofbusinesses:
Small medical or dental practice
Restaurants
Supermarket.
Builder of residential housing.
Auto dealerâs service department.
Instructions:
Within a group of students:
Each student will be assigned one of the five familiar types ofbusinesses
(MUST POST FIRST) Initial Post â As an employee, writean internal memo to your manager addressing thefollowing:
For each type of business, identify the factor that you believeis most likely to limit potential output capacity.
Suggest several ways (other than raising prices) the businesscan maximize the contribution margin per unit of this limitingresource. (Hint: These businesses often do implement the types ofstrategies you are likely to suggest. Thus, your solution to thiscase may explain basic characteristics of businesses that youpersonally have observed.)
For your response post, you will be taking on the roleof the manager and respond to your employeeâs and anothermanagerâs memo. For the employee memo, Inform the employee asto what specific managerial decisions, conclusions, and/orjudgments can you make from the information provided in that memo.For the manager response, provide an alternative conclusion basedon the information provided.
Need both respond to an employeeâs and anothermanagerâs memo for SMALL Medical or dentalpractice....
