Knowledgeable in various business domains

Assignment Help Operation Management
Reference no: EM131231061

A group of college graduates decides to start a business. Though they are knowledgeable in various business domains, they are unable to arrive at a valuable business idea. They decide to search for ideas in a structured manner. They meet and start discussing everyone's ideas. Each idea is recorded and then thoughts that come up in relation to the ideas are written down and discussed. This process helps them to finalize a business plan. What techniques is used here?

a) reverse assumption analysis

b) attribute lisitng

c) mind mapping

d) forced relationship analysis

Reference no: EM131231061

Questions Cloud

International markets is particularly attractive strategy : Moving into international markets is a particularly attractive strategy to firms whose domesitc markets______
Different computers on three different charateristics : Gordon Jones is considering purchasing a computer from Best Buy. He has created a scale for rating eight different computers on three different charateristics. He plans to make a short list of those computers that score at least a 7 on his scale on a..
Vague or generalized submissions will lose significant point : If you were the chair of a nonprofit board, how would you describe the ideal relationship between the board and the CEO from your perspective? Be sure to strengthen your position by using information learned from reading the chapter. Vague or general..
Create job description and job specification : Create a Job Description and Job Specification for the position of Human Resource Manager at Under Armour. You have the flexibility to create the documents based on information you've read in previous chapters, and also research that you do on human ..
Knowledgeable in various business domains : A group of college graduates decides to start a business. Though they are knowledgeable in various business domains, they are unable to arrive at a valuable business idea. They decide to search for ideas in a structured manner. They meet and start di..
Designed a camping stove that uses liquid propane as fuel : You can assume that air contains pure oxygen and that heat capacities are independent of temperature. C3H8 (g) + 5O2 --> 3CO2 + 4H2O Note: Vaporization of propane takes place at -30 oC.
The proper matching of what a firm can do with what firm : The proper matching of what a firm can do with what a firm might do_________
Backward integration occurs when company : The three of the exterenal environment which affect a firm's strategic action are______ Backward integration occurs when a company__________
Calculate the fraction of lidocaine present in the form lh : You prepare a buffer solution from 10.0 mL of 0.100 M MOPS (3-morpholinopropane-1-sulfonic acid) and 10.0 mL of 0.080 M NaOH. Next, you add 1.00 mL of 3.83 × 10-4 M lidocaine to this mixture Denoting lidocaine as L, calculate the fraction of lidoc..

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