Question 2a: discuss (in other words, explain in brief your answer not only list) three trade-offs that a person experiences when deciding working for a company instead of herself/himself (e.g. regularity of work hours).
Hazel considers various trade-offs when working for a company instead of herself such as improved quality, improved productivity and increased customer orders.
Question 2b: like the previous answer, discuss three trade-offs that a person experiences when deciding to expand his/her business (e.g. financial investment).
Other tradeoffs from expanding the business are fertilizing lawns, tending vegetables, and trimming shrubbery. All managers have to cope with variation where Hazel has to contend with coping up after she was laid off from a Spanish company. Hazel endured tough times to turn around the Spanish company that had gone down. She endures eight months of joblessness.
Question 3a: list four sources that could result in delays in the completion of the gardening service (e.g. weather conditions).
Hazel is relieved to give up the stress of job hunting and becomes her boss by tending gardens. The variation may impact Hazels ability to match supply and demand as they may act as an encouragement to put in more and more efforts in her job to increase her productivity.
Question 3b: further to the previous answer (3a), discuss how might the sources of variation stated in 3a impact Hazels ability to match supply and demand. The example of seasonality and its impact on an ice cream company will help you to answer this question.
Hazels gardening services are flourishing since she has increased her gardening services and she also performs other services like fertilizing lawns, tending vegetables and trimming shrubbery.
Question 4: 4Vs analysis
Her business has become so good, and there is an increase in demand such that Hazel has hired two part-time workers to assist her.
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