Which arose largely as the result of industrial revolution

Assignment Help Operation Management
Reference no: EM131440979

Why did specialization, which arose largely as the result of the industrial revolution, give rise to a need for business analysts?

1-Business activities became more complex, being composed of many smaller steps, which led to inefficiencies that could be identified and reduced or eliminated through careful analysis.

2-Because specialization occurred only after companies began installing computers to streamline processes, business analysts were needed to write software programs to operate large industrial machinery.

3-The industrial revolution brought increased competition among companies along with a risk of financial instability. Consequently, business analysis became necessary to help companies decide where to invest their profits for greater returns.

4-None of the options are correct.

Reference no: EM131440979

Questions Cloud

Each job must proceed sequentially through different areas : Each job must proceed sequentially through the different areas, and each area can work on only one job at a time. Sequence the jobs according to the (1) first-come, first-served rule,
Retaining valued employees : Talent is the key to winning! Whether setting cost targets for product development, allocating funding to the sales force, performing due diligence or redefining a company's strategic plan, people make it happen. Building on this solid foundation, yo..
Marketing environment-explain the concept of public trust : Explain the significance and main aspects of Third Party Beneficiarie. Explain the concept of public trust. In the marketing environment, explain the rationale for mixing and matching communication options.
Histograms are constructed using : Each student will identify a completed project at work, in the community, or in a business. Histograms are constructed using which of the following?
Which arose largely as the result of industrial revolution : Why did specialization, which arose largely as the result of the industrial revolution, give rise to a need for business analysts?
Products and services are widely perceived as commodities : Some products and services are widely perceived as commodities. Still some companies build sustainable product advantages for even those products. How do they do it? Cite at least two examples from your own experiences.
Cause marketing executive to poorly identify the problem : A large financial institution is losing market share to savvy upstart companies and it has asked its top marketing executive to identify the main reasons for their sliding performance. Describe three barriers that might cause the marketing executive ..
Significant role in subprime mortgage crisis : Why do Americans have poorer health on average compared to other OECD countries? Are personal choices or some other factors responsible for this outcome? Explain. What is financialization? Do you think financialization played any significant role in ..
Making decisions regarding locating new facility : You are Chief Operating Officer (COO) of an international bicycle manufacturer. The relationship between the organization and externals (such as suppliers, customers) is key in making decisions regarding locating a new facility such as service center..

Reviews

Write a Review

Operation Management Questions & Answers

  Current inventory purchasing and management policy

A factory uses 16 tons of raw material each week (assume it works 50 weeks a year, 1 shift, 5 days a week). Each time it buys the raw material from its supplier, it pays a set up cost of $45, and its annual holding cost is $3.25 per ton. Its current ..

  Create a compelling future

Some principles of the Grass Roots Model include the acronym CLIMB: Create a compelling future; Let the customer drive the organization; Involve every mind; Manage work horizontally, and Build personal credibility

  Major corporations implementing expert systems

Why are credit departments in banks and major corporations implementing expert systems? In your answer, indicate what advantages and disadvantages companies that implement such systems might anticipate.

  Estimating a customers lifetime purchasing potential

Estimating a customer's lifetime purchasing potential is important because it helps marketers to:

  Give a complete list of reasons for not selecting every site

Based first on your analysis of the survey data also then on your analysis of the crossover charts, give a justification for every location. Give a complete list of reasons for not selecting every of the 3 sites.

  What are the three primary sources of short-term funds

What are four general phases of the working capital cycle? Describe each. What are the three primary sources of short-term funds? An organization's short-term investment options for idle cash include what four areas? List and provide their characteri..

  Discuss various ways of convicting a criminal

Put on your computer forensics hat and use your imagination to discuss various ways of convicting a criminal based on computer usage evidence.

  Emerging markets where money is spent to extract

Rogue spending is a term typically used in emerging markets where money is spent to extract (export) goods from a country using un-ethical or "shady" business practices by western business standards. Ture or Flase? Explain.

  What unique challenges do research and development

critical thinking questions: what unique challenges do research and development labs provide for KM implementation? What is the benefit of MITRE's evolutionary approach to KM?

  Question regarding the integrative negotiations

Examine the differences between distributive and integrative negotiation. Determine the importance of separating the people from the problem when negotiating. Support your position with examples.

  Statements concerning production and staffing plans

Which one of the following statements concerning production and staffing plans is FALSE?

  Develop a means for communicating with existing department

To identify, plan, and execute this project, you must first develop a means for communicating with existing department heads in the research and development and sales departments.

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