External environmental assessment factor

Assignment Help Operation Management
Reference no: EM132210589

1. Often times, key stakeholders are hesitant to participate in the strategic issues. Identify TWO reasons why?

a. No time

b. Already participated in a prior strategic planning process

c. Truly, the staff already knows the answers

d. They may feel embarrassed at their lack of knowledge on the subject presented to them.

2. Which one is NOT an external environmental assessment factor?

a. Forces and trends b. Outdated accounting computer software c. Key source controllers d. Actual or potential competitors or collaborators

3. Is the following statement True or False: The benefit of strategic issue identification is it helps the nonprofit organization’s leadership establish a budget for the upcoming fiscal year.

True

False

4. Supply strategies that are designed to exploit market opportunities and organizational strengths to give the buying organization an advantage in the marketplace are known as:

risk-management strategies.

assurance-of-supply strategies.

cost-reduction strategies.

competitive-edge strategies.

supply chain support strategies.

Reference no: EM132210589

Questions Cloud

Provides widgets to many industries and federal government : Wilson’s Widgets—which has been in business for about 100 years, provides widgets to many industries and the federal government.
Watchman style of management focuses on order maintenance : The watchman style of management focuses on order maintenance. Officers often ignore minor violations of law, unless the violation constitutes breach of peace
Establish and nurture networking opportunities : Have woolworths mentioned the Sustainable development goals? How can you establish and nurture networking opportunities.
Explain how understanding your personal learning style : Explain how understanding your personal learning style can assist you when identifying, evaluating and selecting development opportunities.
External environmental assessment factor : Which one is NOT an external environmental assessment factor?
Learn about and analyze unfamiliar audience : What methods can you suggest to learn about and analyze an unfamiliar audience?
Discuss difference between probabilities and possibilities : Discuss the difference between probabilities and possibilities. How is this applied to business and managers. Why is this important?
Receive highest level evaluation for the year : A female employee and her (now) spouse are hired as elementary teachers and receive the highest level evaluation for the year.
Why is it important to look at alternatives-trade-offs : Why is it important to look at alternatives, trade-offs, uncertainties, and risk tolerance when making most decisions?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

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 in hospitality enterprise

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..

  Managing operations and information

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..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

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

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

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.

  A make or buy analysis

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

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd