Tan Trading Company manufactures furniture in Penang for local and European markets.
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)
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- 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 | √ | ||
| 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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