Explain profits and time based competitiveness, Operation Management

Assignment Help:

Small businesses have been slower to integrate information technology into their operations than larger companies. Discuss the reasons for this state of affairs, identifying several possible IT solutions and their business benefits that could help small businesses be more successful the reason why small businesses have been slower is due to the relatively high cost and maintaining a website. Outsourcing e-commerce to other e-commerce companies can lower these cost Information Technology (IT) provides great scope for small business to gain benefits in terms of customer service, productivity, business growth, return on investment, profits and time based competitiveness.


Related Discussions:- Explain profits and time based competitiveness

Describe harley davidson has excess capacity, Harley Davidson sells motorcy...

Harley Davidson sells motorcycle X and Y. Motorcycle X sells for $10,000, has variable cost (labour and material) of $2,000, and requires 10 hours of use of machinery to produce. M

Explain safety stock would provide a stock out risk, The injection moulding...

The injection moulding department of a company uses an average of 30 gallons of special lubricant a day. The supply of the lubricant is replenished when the amount on hand is 170 g

Explain leadership in action, Complete the Leadership in Action: David Neel...

Complete the Leadership in Action: David Neeleman Reinvents Airlines. Answering the case questions involves identifying relevant facts from the case, applying the chapter concepts

Define high inventory holding cost can lead to low eoq value, 1)The standar...

1)The standard time at Lensco Inc for grinding a set of prescription lenses is 18 minutes. If the typical efficiency for their operations is 80%, and typical machine reliability is

#facility manger, to find a medium that works across 4 other facility sites...

to find a medium that works across 4 other facility sites on how to properly and effectively maintain facility design, to all model after eachother

Describe a manufacturing company preparing to build a plant, A manufacturin...

A manufacturing company preparing to build a new plant is considering three potential locations for it. The fixed and variable costs for each alternative location are presented bel

Scope of production and operation management , Scope of Production and Oper...

Scope of Production and Operation Management Production management mainly associated with the factory management as the problem of production crept with the development of facto

Explain work study as a management tool, Explain work study as a management...

Explain work study as a management tool. Work Study as a Management Tool: Work study checks the work done in an organization and this aims at finding the best and most effici

Forecasting, managerial decision modeling with spreadsheets 2nd Canadian ed...

managerial decision modeling with spreadsheets 2nd Canadian edition end of chapter 12 solution

ASK, If you were the professor and you knew what was going through Vincent?...

If you were the professor and you knew what was going through Vincent?s mind, what would you say to Vincent?

Write Your Message!

Captcha
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