Ten steps do you imagine would be easiest to implement

Assignment Help Operation Management
Reference no: EM131412247

Suppose that you are the president of a small software development firm that has for years sold a utility that adds functionality to the operating system used in most computers. Now, you suddenly face a serious problem: Microsoft has changed its operating system such that your product no longer serves any purpose.

    Using the ten steps outlined in Figure 14.9 (on p. 448), develop a strategic plan to keep your company alive. Make any assumptions you need to develop your plan and state them in the process of describing it. Discussion Questions

    How easy or difficult was it for you to develop this strategic plan? What would have made the process easier or more effective?

    Which of the ten steps do you imagine would be easiest to implement? Which do you think would be most challenging? Explain your answers.

    What special challenges, if any, would the employees of your company face as they attempted to implement this plan? How would you attempt to overcome these challenges?

Reference no: EM131412247

Questions Cloud

Overview of how tic-tac-toe is played : An overview of how Tic-Tac-Toe is played and how the AI interacts with the users. An overview of the current AI and coding approach for Tic-Tac-Toe
Social needs tend to take on higher importance : Social needs tend to take on higher importance in __________. According to equity theory, __________ exists when an individual feels that he or she has received relatively more than others have received.
Diverse contemporary theatre : prepare and discuss his or her historical, social and cultural importance to what we call "diverse contemporary theatre" today.
Determining legal requirements for penetration testing : Based on this information, write a report outlining the steps you should take before beginning the penetration tests. Research applicable state and federal laws, and reference them in your report.
Ten steps do you imagine would be easiest to implement : Suppose that you are the president of a small software development firm that has for years sold a utility that adds functionality to the operating system used in most computers. How easy or difficult was it for you to develop this strategic plan? Wha..
What is the one year return from investment : Consider a one-year investment that costs $100,000 and returns $120,000 in a year. The required return (discount rate) is 10%.
In which direction were the results biased : What were the sources of bias in your class's first survey of random digits? In which direction were the results biased?
Identify key assumptions regarding financial projections : Show calculation formulas in cells where appropriate rather than "inputting" numbers. Identify key assumptions and conclusions regarding financial projections
Describe the nature of learning organization : Compare the expectations and assumptions one finds in the traditional psychological contract and the currently predominant psychological contract. Describe the nature of a learning organization.

Reviews

Write a Review

Operation Management Questions & Answers

  Published job market and the hidden job market

Although estimates vary, it is suggested that 80% or more of the job openings that exist are in the hidden job market. What is the difference between the published job market and the hidden job market? What techniques would you usually use to access ..

  Paradigms for managing diversity

Refer to PepsiCo. Which of the following paradigms for managing diversity does it appear that PepsiCo uses? a. the discrimination and fairness paradigm b. the access and legitimacy paradigm c. the learning and effectiveness paradigm d. the cultural s..

  Lettuce each day to ensure really fresh produce

The local supermarket buys lettuce each day to ensure really fresh produce. Each morning any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week the supermarket can buy..

  What was the motive behind the merger acquisition

What was the motive behind the merger/acquisition. What internal and external factors impacted the merger/acquisition decision. Use specific examples to justify your response

  Focus of consumer behaviour

Identify the two types of consumers that are the focus of consumer behaviour and some of the different activities that relate to consumer behaviour.

  Explain how the practical rule discussed practical rule

Suppose you are an accountant for a large publicly traded company. You discover an error in the financial records that makes the company look more profitable. Explain how the practical rule discussed in the textbook would be applied to this situat..

  Fee-for-service payments create incentives

Many observers claim that “fee-for-service” payments create incentives for physician to employ higher-cost treatments. Is this an intrinsic feature of FFS payment systems? If so, explain why. If not, what is the correct way to view the financial ince..

  Possible-staffing tools-help forecast later job performance

There are many possible-staffing tools to help forecast later job performance. How do you decide which ones to use?

  Improving overall customer service and satisfaction

StopNShopToday, Inc. has had difficulty motivating and retaining key cashiers and wants to provide an incentive to them that will generate improvement in several critical areas of store cashier performance, which include the following

  Important in implementing the strategy of an organization

Why is the operations function important in implementing the strategy of an organization? Explain why the changes put in place by Victoria Chen and her team could either hurt or help the bank.

  Discuss the three different types of risk bias

Discuss the three different types of risk bias and determine a method of minimizing each type of risk bias with an example

  About harassment by supervisor from another agency

A woman hired as a prison librarian complained about harassment by a supervisor from another agency that operated at the prison. The behavior that was the subject of her complaint, some of which was witnessed by other employees, oc- curred about four..

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