Reference no: EM131383223

Need these 4 discussions answered.

1. "Value chains have to do with creating value for our customers by what we do. The bad news is that we often have parts of our processes that don't add value. Since those processes are often not much fun anyway, we should eliminate them."

Discuss the extent to which you agree or disagree with the opinion stated above. Support your views with reasons and/or examples from your own experience, observations, or reading.

2. Forecasting is important for virtually all operations, but it is part art and part science. Can these live together?

Be sure to support your point of view with reasons and/or examples from your own experience, observations, or reading.

3. Is measurement necessary?

One quote in the chapter was,"How you are measured is how you perform." This should help us understand how important it is to choose the right thing to measure and then the right measurement to use.

Be sure to support your point of view with reasons and/or examples from your own experience, observations, or reading.

4. "What can be understood as the strategy of a company is more than the statement of strategy as presented in company documents or written plans, but is the actual aggregation of commitments and their relationship to the realized strategy of the firm."

Discuss the extent to which you agree or disagree with the opinion expressed above. Support your point of view with reasons and/or examples from your own experience, observations, or readings.