Questions Please read the story and answers the following questions according to the story? 1. What kind of additional data should Jennifer collect? 2. Do you agree with the statement “ Projects that...

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Please read the story and answers the following questions according to the story?






1.

What kind of additional data should Jennifer collect?



2. Do you agree with the statement “
Projects that are slow in progress, high on risk, but big on returns should be pursued regardless of time, risk, or money.




3. Production employees are paid to do their jobs and are the ones who should come up with and implement new ideas. How possible is this in Jennifer's company?






Story:



Jennifer Childs is the owner and Chief Executive Officer of a midsize global pharmaceutical company with sales offices or manufacturing plants in eight countries. At an October staff meeting she tells her managers that company profits for the year are expected to be $2,000,000 more than anticipated. She tells them she would like to reinvest this additional profit by funding projects within the company that will either increase sales or reduce costs. She asks her three key managers to get together to develop a prioritized list of potential projects and then to meet with her to ‘‘sell’’ her on their ideas. She mentions that they should not assume the funds will be divided equally among the three of them. She also mentions that she is willing to put all of the funds into just one project if it seems appropriate.




Assignment: Questions Please read the story and answers the following questions according to the story? 1. What kind of additional data should Jennifer collect? 2. Do you agree with the statement “Projects that are slow in progress, high on risk, but big on returns should be pursued regardless of time, risk, or money.” 3. Production employees are paid to do their jobs and are the ones who should come up with and implement new ideas. How possible is this in Jennifer's company? Story: Jennifer Childs is the owner and Chief Executive Officer of a midsize global pharmaceutical company with sales offices or manufacturing plants in eight countries. At an October staff meeting she tells her managers that company profits for the year are expected to be $2,000,000 more than anticipated. She tells them she would like to reinvest this additional profit by funding projects within the company that will either increase sales or reduce costs. She asks her three key managers to get together to develop a prioritized list of potential projects and then to meet with her to ‘‘sell’’ her on their ideas. She mentions that they should not assume the funds will be divided equally among the three of them. She also mentions that she is willing to put all of the funds into just one project if it seems appropriate.
Answered 1 days AfterAug 30, 2022

Answer To: Questions Please read the story and answers the following questions according to the story? 1. What...

Ayan answered on Aug 31 2022
78 Votes
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Title: Response to Questions
Contents
Additional Data that Jennifer Should Collect    3
Projects That
Are Slow in Progress, High on Risk, But Big on Returns Should Be Pursued Regardless of Time, Risk, Or Money    3
Production Employees Are Paid to Do Their Jobs    4
Additional Data that Jennifer Should Collect
Jennifer ought to assemble both qualitative and quantitative data, where quantitative data incorporates data concerning mathematical variables (for example the number of; how much; or how frequently). Qualitative data can be addressed by a name, image, or number code and are estimations of "types." Data concerning unmitigated factors make up qualitative data. Jennifer ought to demand that the directors each present a defense for why their project merits subsidizing. The projects ought to be evaluated for potential profits from venture. She ought to likewise consider the dangers associated with each project. Identifying the risks associated with each project is essential in the long-term.
Projects That Are Slow in Progress, High on Risk, But Big on Returns Should Be Pursued Regardless of Time, Risk, Or Money
Indeed, I earnestly concur that sluggish, high-risk projects ought to be sought after in spite of the time, risk, or cash implied on the grounds that high-risk projects are highly noticeable, altogether affect both inside and outside the association, and posture serious risks to the project group's capacity to convey. There are as many...
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