Discussion- Wal-Mart and JIT
Research Wal-Mart (you may want to start at Wal-Mart's website) and their use of JIT.
Explain how Wal-Mart employs JIT throughout their stores. How does the use of JIT affect the vendors for Wal-Mart?
In your opinion, do you find that Wal-Mart's use of JIT as a management tool is a good business practice, or does it cross the line ethically with its vendors? Summarize your findings and share your impressions in the discussion board.
Reference:
Text: Managerial Accounting
Author: Crosson and Needles
Publisher: South-Western; Cengage Learning
Ed/Year: 10th Edition; 2014
ISBN: 978-1-133-94059-3.
Discussion- Southwest Airlines - Strategic Mngt
As chief executive of Southwest Airlines, the consolidation in the airline industry has created a dilemma for your company. The intense competition has forced you to reexamine your present strategy model and you must decide the correct strategic vision and direction for the company.
You may choose two core models either the "cost leadership" or a "differentiated" business strategy. Please utilize table 5.1(Page144) in the text as a foundation for your analysis and explain which strategy you selected and why?
Reference:
Chapter 5 - Thompson, Peteraf, Gamable, and Strickland, (2017) Crafting and Executing Strategy Case and Concepts, New York, NY, McGraw Hill 21st Edition.