Reference no: EM132874883
Activity Objective
The objective of this discussion is to aid you in mastering the following course competencies:
Apply theories, models, and practices of global operations management to address business problems.
Integrate operations management analyses into general business management planning and decision making.
More specifically, you will:
Apply operations management analysis techniques to arrive at ethical recommendations in business decision scenarios.
Examine the role of operations in the organization's internal and external environment.
Activity Instruction
For this discussion, review the library article "What Is Strategy?" by Porter (1996) and the case study Toyota: The Accelerator Crisis (2010) by Greto, Schotter, and Teagarden. Then, respond to the following questions:
Describe the four basic types of production processes defined in Chapter 6 of your Operations Management: Creating Value Along the Supply Chain textbook. What are the advantages and disadvantages of each? When should each be used?
Porter (1996) claims that "operational effectiveness" is not a strategy. Why was operational effectiveness such a focus at Toyota? What are the downsides of "lean manufacturing?"
Has Toyota successfully enacted the principles espoused in the Toyota Way? What did they do well, and where is there room for improvement?
In pursuing its aggressive global expansion, what tradeoffs did Toyota make? How effectively did they manage the tension between global standardization and local responsiveness? Did they manage their value chain activities effectively?
What lessons can other companies take from Toyota's crisis?
Had Toyota sacrificed quality and their historic customer focus at the expense of extreme cost reductions?
What role did Toyota's supply chain and keiretsu structure play in the recall?
Determine the amount of Anny Brum capital as of June
: Received monthly invoice for dry cleaning expense for June (to be paid on July 10), $21,500. Determine the amount of Anny Brum capital as of June
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Determine customer requirements
: How does your organization determine customer requirements? What type of quality problem or analysis tools does your organization use?
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Why are unions targeting healthcare workers
: Why are unions targeting healthcare workers? Why is unionization among healthcare providers increasing when union membership in the total workforce is declining
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Identified multiple complementary elements on ethical health
: Identified multiple complementary elements that will sensitively meet a wide variety of community members needs on ethical health improvement plan.
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Integrate operations management analyses
: Integrate operations management analyses into general business management planning and decision making. What lessons can companies take from Toyota's crisis
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Prepare an income statement for June
: Prepare an income statement for June, a statement of owner's equity for June, and a balance sheet as of June 30
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Post an explanation of at least two opportunities
: Explanation of two opportunities. Explain some of the challenges that these opportunities may present and describe how you might overcome these challenges.
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Prepare an income statement for the current year ended June
: The capital of Gwen Perez, owner, was $150,000 at July 1, 2011, the beginning of the current year, Prepare an income statement for the current year ended June
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Define the company current structure
: As a practising manager, analyst, or consultant, you will often be asked to prepare and present an analysis of a business situation. Typically, you will be aske
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