Tan Trading Company manufactures furniture in Penang for local and European markets

management

Description

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 is due 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 European market. 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 scenario could 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 views the 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)

 

 

Format of report: Arial, Size 12, Justify, 1.5 space

You are strictly prohibited from plagiarize and you are require to submit to Turnitin for answer (a) to (c) only and submit the assignment with a printed Turnitin report. Your Class ID; 26254004 and your enrolment key; MPMA7113.

You are required to provide a referencing list as per American Psychological Association.

You are required to write a report of 2,000 words.

 

ASSIGNMENT CHECKLIST

MARKS ALLOCATED

MARKS AWARDED

SIGNATURE

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 THE ACADEMIC STUDIES AS REQUIRED IN THE

ASSIGNMENT

55

 

 

 

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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