Advanced Systems LLC (ASL), a High-Technology Company with 20,000 Employees

question 130

Essay

Advanced Systems LLC (ASL), a high-technology company with 20,000 employees, has just acquired the company you work for, LiteForce Corp.LiteForce is a 5,000 person company where you work as a photonics (fiber optics) engineer.ASL mainly acquired LiteForce to reduce its competitive threat in the marketplace and to increase its number of engineers and researchers in lightwave technology.You and five other engineers and scientists at LiteForce were working on new technology that would dramatically improve lightwave transmission to communicate data across the Internet.Your team's discovery occurred just before the acquisition and was not well known in the organization.Also, the key executives who strongly supported your team's research have left the company through generous buyout packages during the acquisition.ASL offered share options to encourage you and other engineers and researchers to remain.As a result, only your team members and a few other people are aware of the potential benefits of the project.Your team has similar education and experience as other engineers in the combined organization.Moreover, your team's authority is limited to expenditures within the existing project budget which ends in a few months.Further support would require executive approval.Describe the sources and contingencies of power that you and your team have in this situation to continue the project.

Identify the advantages and implementation practices of performance aids in on-the-job training.

Compare and contrast on-the-job training with off-the-job training methods, including their respective advantages and disadvantages.

Discern the differences between mentoring and coaching, and understand the concept of e-mentoring.

Recognize potential problems associated with on-the-job training and how to address them.

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Definitions:

Production Rate

The speed at which goods are manufactured or produced over a specific period, often measured in units per hour or per day.

Cost-Plus Methods

Pricing strategies where a fixed percentage or set amount is added to the production cost to determine the selling price of a product or service.

Markup

The amount added to the cost of goods to cover overhead and profit when determining the selling price.

Sunk Cost

A sunk cost refers to money that has already been spent and cannot be recovered, often considered when making financial decisions about future investments.