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1. Briefly describe the terms operations management and supply chain.
2. Explain the term value-added.
3. State briefly the difference between production and operations.
4. Describe the operations function and the nature of the operations manager’s job.
5. List five (5) differences and five (5) similarities between goods production and service operations.
6. Briefly describe what is meant by outsourcing.
7. Discuss three impacts of outsourcing.
How can Regional Trade Agreements (RTAs) help in reducing trade barriers and in improving global economy? What roles can multinationals play to further the objectives of RTAs?
Identify and analyze the major driving forces for change in the external environment of the motorcycle industry. Analyze the dynamics of competition using Porter's Five Forces Model of Competition. Correctly assess the dynamics of competition.
Steve buys a house from Jim. There is no written contract. However, Steve pays the purchase price, moves onto the property, and begins to build a new garage. Jim seeks to evict Steve from the property stating that there was never a valid contract. Is..
From the last few years, organizations are finding new ways through which they can sustain their position in the global market. The customer relationship management has become a new tool which organizations implement as a strategy in order to attract..
Direct Air operates a 300 seat jet from Toledo to Myrtle Beach, SC once a week. Cancellation distribution is normal with mean 30 and s.d. 8. A vacant seat in the jet is considered to cost $600 for the airline. What is the cost of shortage (in the con..
Joe Henry's machine shop uses 2,500 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. Given the above information, what would be the economic order quantity (EOQ)? Given the EOQ, what would be the aver..
An organization's culture consists of shared organizational values. These values reflect what the organization stands for and what it believes in and create an environment that influences employee behavior ethically or unethically. Explain the import..
Claire also Jerry sued restaurant, claiming that restaurant was a bailee of coats also had a duty to return them. Are they both correct. Use principles of law discussed in this week's reading to form a foundation for your response.
After doing some research on Porter’s Diamond of National Advantage, apply the diamond to an organization and an international market where the organization currently does business. Apply all four factors of the diamond to the organization and market..
Describe how Chick-fil-A's timeline to new grilled chicken followed the four-step control process outlined in the chapter. The goal of Chick-fil-A's new chicken items is to improve the company's image for healthful food. How can the company use clan ..
Describe the fundamental safety and health principles behind the control of hazardous energy standard. Be sure to touch on what hazards the standard is designed to circumvent.
Some senior managers believe they should rely on written information and computer reports because these yield more accurate data than do face-to-face communications. Do you agree? Why or why not?
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