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3) How is technology in operations affecting competition at the worldwide level?
Technological innovations have been tremendously important to global competition. Real-time RFID-based information and tracking systems in particular have allowed companies to streamline their operations and expenses by tailoring supply and even production to consumer demand. Furthermore, as operations (in general) become more and more capable of being fulfilled mechanically, that allows reductions in personnel previously required to accomplish tasks now performed mechanically and automatically.
4) What are pros and cons associated with outsourcing a number of supply chain activities?
The most obvious benefit of outsourcing supply chain activities would be the reduced costs associated with using overseas labor for tasks ordinarily performed by much higher paid domestic employees. One potential negative associated with outsourcing would be less direct control and oversight...
Another potential negative would be the bad publicity resulting from any ethical violations overseas or from the use of foreign workers whose conditions of employment in their home countries falls very short of those required by law domestically.
5) Are integrated services more appealing to B2B or B2C industries? Why?
Integrated services are more appealing to B2B industries, primarily because of the additional operational layers and complexity involved in B2B services. Whereas most B2C services are complete in one transaction, those involving B2B relationships usually involve multiple databases, facilities, operations, and technologies. Without efficient systems and services integration among multiple entities, it would be largely impossible to establish or maintain a high level of operational performance. From the B2B perspective, services integration is a significant factor in determining the most compatible and potentially profitable business partners.
Business Major A major in Business Management seems secure, and yet, it could be easily rendered an obsolete concentration. If Business Management were rendered obsolete, it would have adverse implications on the economy, on issues related to social justice, and on the ability for organizations to thrive. Especially during an economic recession, the need to develop future business leaders becomes apparent. Interviews with successful managers who were once students in an
Business Management Business Operations and Systems The objective of this study is to outline the essential components for effective business operations management for a UK business whose products are delivered to the door. The parcel delivery conundrum will be examined using an appropriate system and methodology and a discussion will be provided to support appropriate business operations models. Included will be CATWOE, Root Definition and a detailed picture to illustrate the
Management and Business Management Theories and Principles of Each Reading The Fifth Discipline forces managers to look at the way in which learning disabilities which are common to organizations can actually stunt their growth and progress. The author targets several common learning disabilities which can riddle even powerful organizations, they are: identifying with only one position, external enemies, the illusion of taking charge, fixation on events, the parable of the boiled frog,
" On the subject of personal development, which company E. should encourage, McGill and Beaty (2001, pp. 85-86) write that in addressing personal development issues, an employer could devise a forum for workers to bring their issues forward. The one rule would be that the issue "is of significance" to the employee; the issues that could be discussed in the personal development session include: "personal motivation towards work"; relationships between managers
Business Management Supply chain management is a process conducted by several business entities, which involves planning, implementing and controlling any production and supply activities, with an aim of providing it to consumers in efficient ways. While supplying, there are intermediaries who play a role in connecting producers and consumers, who ensure efficiency in the supply chain too. Supply management is done to ensure collaboration between the intermediaries (Catholic Relief Services, 1999,
Business Management Principles -- Questions from PowerPoint Chapter Described the major factors that have influenced the evolution of management thought. The major factors that have influenced the evolution of management thought are economic, social, political, technological, and global factors. Generally, economic factors relate to resource availability and distribution in society; social factors consist of culture and interpersonal issues; political factors relate to the effects of political institutions; technological factors relate to the