Tan
Trading Company manufactures furniture in Penang for local and European markets.
The company is unable to produce enough to meet the demand of the local and European
market.This isdue to shortage of raw materials, which are source locally. It is
extremely important for the company to produce enough to meet the demand of the
local and Europeanmarket. If the company loses the customer to other
competitors, it will be extremely difficult to recapture the local and European
market.
You are required to do a research
and report to the board of directors;
a) Introduction
;(5marks)
b)
Discuss
on what a limiting (or key) factor is and what sources can become limiting
factors in a business situation. Which of the factors in the scenariocould
become a limiting factor?Looking into the current economic constraints, provide
examples to support your idea.
(20marks)
c) Discuss the techniques that have been developed to assist in
business decision making when single or multiple limiting factors are
encountered.
(20marks)
d) A report to the management under the current economic
environment and state in your viewsthe options available to overcome the
material or other resource shortage under the current economic environment. You
are required to make the recommendation to the management on the options
available.
(15marks)
e) Conclusion
(10marks)
ASSIGNMENT CHECKLIST |
MARKS ALLOCATED |
MARKS AWARDED |
||
i. |
COVER PAGE |
5 |
|
√ |
ii. |
ASSIGNMENT BRIEF |
5 |
|
√ |
iv. |
ASSIGNMENT MUST COVER THE FOLLOWING; |
|
|
|
|
CONTENT. |
5 |
|
√ |
|
INTRODUCTION. |
5 |
|
√ |
|
DISCUSSION
MUST COVER BOTH THE ACADEMIC AND APPLICATION OF THEACADEMIC STUDIES AS
REQUIRED IN THE ASSIGNMENT |
55 |
|
√ |
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CONCLUSION. |
10 |
|
√ |
|
REFERENCING IN ACCORDANCE WITH
APA. |
5 |
|
√ |
|
TURNITIN REPORT SHOWING PERCENTAGE
OF
PLAGIARISM. [PLAGIARISM SHOULD BE
LESS THAN 10%.] |
5 |
|
√ |
|
APPENDIX. |
5 |
|
√ |
|
TOTAL |
100 MARKS |
|
|
ALL SUBMISSION MUST BE IN BOTH HARD COPY AND SOFT COPY. |
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