Description
Hi there
I have case I need someone to write about and use guideline below:
TO THE EXTENT POSSIBLE, please try to find ways to relate the Young reader example
to your current, prior, or hoped for future work situation. ALSO, you are required to
relate the case to the classwork itself.
A course like this, for MBAs
, is best done with the
students constantly tying the course content to their everyday work life.
Doing so will
make the content more meaningful for you and demonstrate how mastery of this content
will help you going forward.
Maximum of 6 pages.
1” marg
ins on all four sides.
1.5
line spacing.
Times
-
Roman font, 11 point font.
All cases should have the following structure:
Summary of the Young Reader Case
Relationship of the Case to your work experience
Relationship of the Case to material covered in
class.
Summary
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Explanation & Answer
Attached.
Young reader case study
Student’s name
Institution
SUMMARY OF YOUNG READER CASE
Traditional cost reduction programs.
Traditional cost reduction is a program that was used in the 1970s to reduce the cost that was used by the
organizations in the production. This program was used majorly due to;
1. Poor production
2. Reduction of price and
3. Loss of contracts.
This traditional programs can be applied in a short period of time because they could not sustain the longterm change of the organization.
As much as this programs serve the company well for a short period of time, in the long run, they might
lead to the failure of the company.
The following are the five major traditional programs that were used by the organizations.
1. The technology approach
2. Lean and mean
3. Off-shore retreat
4. Mergers
5. Diversification
The technology approach
This approach is usually used when the performance of the company seems to be very poor. It replaces
the direct labor with technology. However, this method is not the best and it has failed in most companies
where direct labor is not commonly used.
Lean and mean
This approach is used by most companies and it has not been successful in the long run. It is used by
reducing the employees of the company but maintain the same amount of job.
Offshore retreat
This program is used by companies by seeking places where they can reduce the co...