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M4 Assignment 2 Submission

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Assignment 2: Probability Analysis

A General Manger of Harley-Davidson has to decide on the size of a new facility. The GM has narrowed the choices to two: large facility or small facility. The company has collected information on the payoffs. It now has to decide which option is the best using probability analysis, the decision tree model, and expected monetary value.

Options:

Facility Demand Options Probability Actions Expected Payoffs
Large Low Demand 0.4 Do Nothing ($10)
Low Demand 0.4 Reduce Prices $50
High Demand 0.6 $70
Small Low Demand 0.4 $40
High Demand 0.6 Do Nothing $40
High Demand 0.6 Overtime $50
High Demand 0.6 Expand $55

Decision Tree

Determination of chance probability and respective payoffs:

Build Small:
Low Demand 0.4($40)=$16
High Demand 0.6($55)=$33
Build Large:
Low Demand 0.4($50)=$20
High Demand 0.6($70)=$42

Determination of Expected Value of each alternative
Build Small: $16+$33=$49
Build Large: $20+$42=$62

Click here for the Statistical Terms review sheet.

Submit your conclusion in a Word document to the Submissions Area by the due date assigned .

Assignment 2 Grading Criteria Maximum Points
The diagram is accurate and labeled correctly. The diagram clearly illustrates the sequence of events and their probability of occurrences.

32

A step-by-step breakdown of the calculations for the chance of probability and respective payoff is clearly communicated. The results of the calculations are accurate.

28

Clear and concise statement explaining the decision and a description of elements that lead to the decision.

20

Clear and concise statement explaining the decision and a description of elements that lead to the decision.

20

Total:

100

M5 Assignment 1 Submission

Turnitin® enabledThis assignment will be submitted to Turnitin®.

Assignment 1: LASA 2 Strategic Plan and Self-Reflection Summary

Review the initial scenario and the Strategic Business Plan presented in Module 1 to make sure that the requirements of the Board and the Part II Strategic Plan are met. In order to meet the requirements of the Board, you will prepare the final Strategic Business Plan—Part II—Strategic Plan to the Executive Board. Ensure your strategic plan is thorough, succinct, and complete. Challenge yourself to link the targets to specific initiatives you have identified in the Strategic Plan you are developing for H-D.

Your written report should include a title page, table of contents, executive summary, and each of the following sections in an 8- to 12-page report:

Part I: Global Economy & Factors Affecting H-D

  1. Identify H-D’s Motivations & Risks
  • Motivations for Expansion
  • Risks in Expansion
  1. Explain H-D’s competitive advantage in Global Markets
  2. Determine and explain entry strategies for global expansion
  3. Recommend an Internet approach/strategy for H-D
  • How the Internet adds value
  • Internet Business Models
  • Competitive Strategies
  • Leverage E-Business Capabilities

Part II: Corporate Leadership

Develop the following: Current Direction Setting

  1. Organizational Culture: In addition, evaluate the culture at Harley-Davidson (H-D) and define what attributes you think team members should possess in reaching the business goals set forth by the organization. If you were part of the management team at H-D, what motivational techniques would you implement to make these teams successful?
  2. Organizational Design: As you have been completing the Strategic Business
    Plan, the management at Harley-Davidson has decided to take a team-oriented approach in various departments rather than the traditional, functional structure. Based on your knowledge of different types of teams and their focus, suggest what kinds of team strategies should be applied to each department. Be sure to explain your recommendations in detail.
  3. Leadership Traits
  4. Ethical Organization Characteristics
    • Identify elements
    • Identify missing elements
  5. Learning Organization Characteristics
    • Identify elements
    • Identify missing elements

Part III: Strategic Plan Summary

  • Conclusions
  • Recommendations
  • Implementation
    • Discuss how you will implement your strategic plans, including how teams should be implemented in each department
    • Develop a brief roadmap for implementation
    • Identify the primary benchmarks to assess success or failure
  • Risks

Part IV: Self-Reflection Summary

Self-reflection is the key to good leadership and good management. Reflect on what you have learned in this class and on what you gained from your Bachelor of Science program. Based on your reflections, discuss the following:

  • Five or six key “lessons” learned from the textbook and the content that will help you in your career.
  • Consider what you have learned throughout this program. Discuss career opportunities that interest you in business.
  • Include what you have learned about yourself.

Evaluate how your personal biases and assumptions have affected your work in the past and how you plan to manage them in the future. Your final product will be in an MS Word document approximately 8–12 pages in length and utilizing approximately 4–6 scholarly/professional sources. Your document should be written in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation.

Submit your final Strategic Business Plan—Part II—Strategic Plan with your self-reflection summary to the Submissions Area by the due date assigned .

Assignment 1 Grading Criteria
Maximum Points

Assignment Components
Explain the current global economy, the motivational/risk factors affecting H-D, and their competitive advantage. 32

Determine and explain entry strategies for global expansion and recommend Internet approaches for H-D.. 44

Explain H-D’s current directional setting, organizational culture, and design. Recommend and explain team strategies for each department. 32

Explain H-D’s leadership traits, ethical characteristics, and its learning environment. 40

Provide a Strategic Plan Summary to include your conclusions, recommendations, implementation, and risks. 56

Identify and explain 5–6 key lessons learned and how they will help you in your current and future career. Include an evaluation of your own personal biases and assumptions and how you plan to manage them in the future. 32

Academic Writing
Organization (16)
Usage and Mechanics (16)
APA Elements (24)
Style (8)
64

Total: 300

file documentBus499 Module 5 Assignment 1 revisin 5212018 … (333.98 KB)
file documentHow to research Harley-Davidson.pptx (2.32 MB)
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