Answer:
The inquiry lacks sufficient information:
The analysts were worried since not only did Porsche enter the market late, but the introduction of the Cayenne could potentially harm Porsche's standing as a producer of high-performance vehicles. In assessing the Cayenne, would you refer to the potential harm to Porsche's image as erosion?
In marketing terminology, brand erosion signifies that consumers will perceive the brand's value as diminished. Fortunately, Porsche disregarded these concerns. The Cayenne has become Porsche's largest source of revenue and profit.
Porsche is a brand typically associated with luxurious sports cars, and their most popular model, the 911, has seen very few changes over the last five decades. However, as the SUV market size expanded, their profits began to decline. Many Porsche enthusiasts dislike the Cayenne and Macan, but the reality is that they boosted total sales volumes significantly beyond expectations.
Today, Porsche is viewed more as a luxury automobile manufacturer, and interest in their products has increased. A smaller segment of consumers expressed disappointment, while the majority were satisfied.
Answer:
Theory X management style
Explanation:
Theory X management revolves around the assumptions about the typical laborer. This management theory posits that the average employee is unmotivated, irresponsible, and driven solely for specific rewards. Overall, managers adopting the Theory X approach believe their employees are less intelligent, inferior, and work primarily for secure paychecks.
In this management approach, supervisors maintain tight control over their workers; therefore, this style is appropriate when a company is experiencing significant challenges, where additional issues may result in catastrophic failure.
Response:
Clarification:
Last year's customer orders totaled 15000
Predicted orders for next year with a 15% rise = 15000 x 1.15 = 17250
Each customer order takes 1.5 hours to fulfill
Total time needed to satisfy customer orders = 17250 x 1.5 = 25875
Knowing that the standard work year comprises 2000 hours
Hence, the effective work year with a 2% capacity cushion
= Standard work year x ( 1 – Capacity cushion %/100)
= 2000 x 0.98 = 1960 hours
Workers required by manager
= Total time needed for orders / effective work year
= 25875 / 1960 = 13.20, rounded to 13
Thus, the manager will require 13 workers next year
