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1. Please share an example of a stressful situation in your school or work life. How did you manage this stress and now in hindsight what would you differently? Overall how do you manage stress?
2. What industry forces might cause a propitious niche to appear or disappear?
3. What does a business have to consider when trying to follow a cost leadership strategy and a differentiation strategy simultaneously? Can you name a company doing this?
Joe makes an offer to sell an order of produce to Bud for $550. It is a great deal and Bud jumps at the chance to accept Joe’s offer.
Assume your university has recently developed a grant program for student clubs. The goal of the program is to award between $5,000 and $10,000 per club for activities that promote academic research and/or travel to industry conferences.
What is business innovation? Explain any 5 dimensions
Which of the following conflict management strategies is used when one party has more power than other and is able to achieve its goal at other party’s expense?
Do you recommend a defense strategy, or do you attack your competitor in its home market? How will you implement your strategy?
One of the key elements in building a risk response is appropriateness. How would you describe what this concept means?
A firm has redesigned its production process so that it now takes 8 minutes for a single widget to be made, from the beginning of the process.
Operating a bank, for example layout of facility, staff, drive-through service. Then identify ways that they can be improved at Prime Bank in order to support the strategy focused on customer service.
Harrison Hotels is considering adding a spa to its current facility in order to improve its list of amenities. What should be the price of the spa services?
Use the Internet or the library to research Apple's strategy for competing against other technology companies. Be prepared to discuss.
Describe the advantages of using a balanced scorecard to measure and control organizational performance. Suppose that you created a balanced scorecard for your Laboratory. What specific customer service measures would you include?
Prompt: Develop a listing of what you believe are the most important metrics for operations managers. (Hint: Be sure to consider the triple bottom line.) How does each metric support the overall financial performance of the organization
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