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How changes in the external environment affect the om

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Reference no: EM132646430

Identify how changes in the external environment affect the OM (operation management) strategy for a company. For instance, discuss what impact the following external factors might have on OM strategy:

a) Major increases in oil prices.
b) Water- and air-quality legislation.
c) Fewer young prospective employees entering the labour market.
d) Inflation versus stable prices.

Reference no: EM132646430

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