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Determine one (1) of the most important or surprising things you learned in this course. You will then explain why this was surprising to you.
Select two (2) major concepts you learned in this course and recommend two (2) ways that organizations can use them effectively to gain competitive advantage.
Respond to classmate:
This has been an informative class. To say what was the most important or surprising things I have learned in this course is hard. This course has opened my eyes to what is important not just to me but any one who is in the workforce.
I always felt like money was the biggest factor when it came to where I would work. Having a good compensation plan will make/motivate you to want to work hard for the company you are with. Money is not a factor that will make you want to work for any company. Having good benefits along with good pay is what everyone would want.
Executives in any company should have a good compensation package and pay. To become an executive one must work hard to climb to the top. Being an executive requires good compensation plans, companies need to pay executives more to get the best performance.
Having a competitive compensation package will attract the top talent.
Having a competitive incentive pay a company needs to reward employees on the basis of their performance.
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..
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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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