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This discussion is a conceptual extension of the Survival of the Fittest discussion that is open now. How many of you have seen and can remember Gordon Gecko (played by Michael Douglas) from Wall Street? Wall Street is one of my top movies. (I refer specifically to the original Wall Street. Wall Street 2 doesn't have the same impact.) Take a moment and check out Gordon Gecko's speech to the shareholders of Teldar Paper. Here's a link: Greed is Good Speech (Links to an external site.) You should be able to play the movie clip, but if not, the transcript of the speech is included. (I could play the clip in IExplorer, but had trouble accessing it in FireFox). This movie was an "expose" of the type of business practices that were prevalent in the 1980's. Amazingly, 30 years later, it doesn't seem as if much has changed in the way that businesses behave.
Here's the question: Is greed good? Is greed right? Does greed work? Is greed, as Mr. Gecko so eloquently put it, the catalyst to evolution and the upward surge of mankind? And if so, is that why we're seeing the same behaviors in business today that we saw nearly three decades ago?
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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