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In the light of a rapidly changing business landscape, it is imperative for firms to monitor the six major environmental forces: demographic, economic, social-cultural, natural, technological, and political-legal. If you're the marketing/product manager of McDonald's or any fast-food business, what is the significance of identifying these major forces to your business/product/service? Provide examples to prove your contentions. Aim for at least 250+ words to your post
Project Organisation - Operations Function The project system is a special category at the low-volume end of the spectrum. This entails the execution of many interdependent pa
Bloomsday Outfitters produces T-shirts for road races. They need to acquire some new stamping machines to produce 30,000 good T-shirts per month. Their plant operates 200 hours per
Complete the below table. Which one of these techniques would you recommend to use and indicate your rationale? Technique Ave Bias Ave MAD MSE Ave MAPE Naïve
how does an operation manager decide what layout type is most appropriate for his or her business
Companies are now more and more interested in using intangible assets and human capital as a way to gain an advantage over competitors. True False
(a.) Give an example (with justification) of a product for which EOQ ordering is more sensible (i.e., more economical) than JIT ordering. (b.) What is lead time ? What wou
Reflecting back on our readings about entrepreneurship in, would you consider someone who buys a franchise to be an entrepreneur?
Explain the purpose of realistic and contrived tests as part of the installation of a new system. Both of these tests contribute to a critical activity prior to the changeover
Type of Process Technologies - Continuous of Flow Production Continuous of Flow Production: Batch methods are characterized by the irregularity in the way the work is carried
Enron hid debt in secret accounts. Johnson and Johnson removed all Tylenol from shelves when the integrity of the product was questioned. What business concept discussed in this co
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