How would you outline your plan

Assignment Help Operation Management
Reference no: EM131931789

Questions 1 - Research

A. Let's say you are going to start a local business. To make it realistic, let's say you love photography and you want to quit your job (as a buyer for Amazon) and start a photography business. What are the things that you would want to research? State the "things" in terms of specific questions you would want to have answered.

B. What is the answer to two of the questions (on your list or on a classmates list)? Note, this will require you to do some secondary research; or if you are really ambitious, you can do some primary research*)

*If you do primary research, you only need to do a sample size of 10, which would not be "projectable" and the real world (but is acceptable for our learning purposes).

Question 2 - Planning

A. How would you outline your plan (what is the information you would want to have in the plan)? Note, this could become real redundant, so feel free to build on the previous classmates outline (kudos to the early bird). If you think something should not be included that a classmate has on the outline, state so and give the rationale for removing it.

B. Select two areas of the plan outline, that have not already been done by a classmate, and give a detailed explanation of how you would go about developing that section.

Don't forget that there is the "Questions & Answers" section in the discussion board. That's a great place to ask for clarification or anything else. For instance, if a student didn't know what is meant by "projectable" in question 1 above, this would be a great place to ask rather than hiding in the bushes and hoping that not knowing won't be harmful.

Reference no: EM131931789

Questions Cloud

Calculate the WACC for TTT : Calculate the WACC for TTT. Assume TTT is in the 35% tax bracket. TTT has $500 million face value of debt outstanding.
Know the difference between buying and selling volatility : Know the difference between buying and selling volatility (aka debit or credit positions), and the implications for the theta component of a trade.
Compute its cash flow : Assume a corporation has earnings before depreciation and taxes of $124,000, Compute its cash flow using the following format.
Compute the total overhead variance : In October, Pine Company reports 19,200 actual direct labor hours, and it incurs $125,900 of manufacturing overhead costs. Compute the total overhead variance.
How would you outline your plan : How would you outline your plan (what is the information you would want to have in the plan)
Calculate the correct ending balance of cash on october : On October 31, 2018, Damon Company's general ledger. Prepare a bank reconciliation to calculate the correct ending balance of cash on October 31, 2018.
Why are face-to-face meetings still so popular : Why are face-to-face meetings still so popular even in high-technology companies?
How can an human resources system help with recruiting : How can an Human Resources system help with recruiting? How might a system get in the way? (how HR can supports employee selection?
Make a tabular summary of effects of alternative actions : Make a tabular summary of the effects of the alternative actions on the company's stockholders' equity and outstanding shares.

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