What is the value chain analysis? What does the gain firm when they successfully uses this tool?
Q: what role would an Operations Manager play in the strategic planning at an organization
A: Strategic management can be distinct as a continuous course of planning, supervising, assessing,…
Q: How a company described could invest its IT dollars?
A: Porter's value chain analysis refers that instead of cutting the companies course of actions into…
Q: Explain What are the new critical factors that influenced the success of the organization in…
A: The below are the critical factors for successful survival:
Q: description
A: The related concepts that focus on the Economy, efficiency, and effectiveness are the related…
Q: What is the difference between an operations manager and a marketing or finance manager? What do…
A: An operation manager oversees the activities of a company, ensuring that resources are correctly…
Q: As an operation manager in the organization, what options do you have to implement in order to…
A: Operation management in an organization aims at providing the highest efficiency possible. It…
Q: complete a value chain analysis for the company ( any company) with the objective of identifying…
A: Value Chain System Value chain evaluation is a way of assessing every pastime in a company's cost…
Q: Suppose you are a logistic manager in an industrial firm producing cars. What changes do you think…
A: Logistics industry: The logistics industry is a rapidly growing industry and there…
Q: How should capabilities be used to provide unique value to customers?
A: Introduction":- A understanding that the products engineering team or those who assist them are…
Q: Explain what is the role of operations strategy in the organization
A: A strategy for operations is a comprehensive explanation of all the actions that impact an important…
Q: astructural decisions in Mc.Donald's operations strategy and how do they influence its main…
A: It is widely believed that McDonald's meteoric rise to the top of the fast-food retail industry may…
Q: What are the reasons for formulating and implementing an operations and supply chain strategy
A: Many businesses believe they do not need to consider their supply chain plan. However, having a…
Q: What does it take to have an area of “core competency"? Provide an example.
A: Core competence is a blend of various resources and abilities that allows to separate a company on…
Q: Explain the Benefits of using the customer as a leader of operations?
A: The activity of planning, controlling, and supervising manufacturing and production processes and…
Q: Examine your place in a value chain. What is the purpose of the value chain? So, what exactly do you…
A: Development could be a method of making growth, positive changes in one thing or somebody so as to…
Q: How does a value web differ from a value chain?
A: Competitive advantage is described as factors that allow companies to produce services and goods in…
Q: What are competitive priorities of an organization? Explain the competitive priorities.
A: There are a lot of decisions that the operations managers have to make for various purposes. There…
Q: How does the work of an operations manager differ from the work of a marketing manager?
A: The role of the Operations Manager is to make sure that the organization is performing best as per…
Q: How can an operations strategy analysis be done on product/service development?
A: Product design can be defined as a series of functions with which an arrangement is made to create a…
Q: What are the elements of an operations plan, and how do they relate to the functional strategies of…
A: The following are the components of an operations strategy: The production system is in the process…
Q: How benchmarking can be used by the owner/manager of a fast food chain?
A: Benchmarking - Benchmarking is the comparison of products, services, and procedures to those of…
Q: What is the operations strategy matrix?
A: The purpose of the operations strategy matrix is to categorize & assess risks & actual…
Q: Boldo Tea is the lowest selling product every month. As the restaurant manager, what strategy or…
A: The objective of every organization is to enhance the sales. Sales is the revenue generating…
Q: What are the practical consequences of a lack of strategic linkage between the business and the…
A: The consequences of a lack of a strategic linkage between business operations and supply chain have…
Q: What are trade offs and how do operations performance objectives trade off against each other?
A: The importance of performance assessment stems from its potential to equate an operation's…
Q: What are the components of an operations strategy, and how do they contribute to the company's…
A: The ingredients of a company plan include the following:
Q: For a firm of your choice, explain how value chain analysis is used to identify and evaluate…
A: Value chain analysis - It is a process where a firm identifies its primary and support activities…
Q: rategy based up
A: The value chain is the full scope of exercises, including plan, creation, promoting, and circulation…
Q: How does the work of an operations manager differ from the work of a marketing manager or a finance…
A: Operations management is a management field that deals with the design and control of the production…
Q: What is required for successful value chain management? What obstacles exist to successful value…
A: A value chain describes the full range of activities that a company uses to create a product or a…
Q: 3. What service provided from the SBA site would you like to see improved? How?
A: 3. The SBA is working to meet the most pressing needs of the small business community by…
Q: Describe the major strategic choices that need to be made and describe their significance for…
A: Strategic choices can be defined as the organization decision for the company future for the better…
Q: What do we mean when we say productivity is a relative measure?
A: Productivity is a 'relative measure': Productivity can be measured by calculating the ratio of…
Q: Explain and describe who need to be involved in organization's strategy in operations management ?
A: Strategy: It refers to the Decisions which are taken by the managers to make an organization move…
Q: discuss the value chain of which you are part. what is the purpose of the value chain? what is your…
A: A firm's value chain forms a neighborhood of a bigger stream of activities, which Porter calls a…
Q: Name the most difficult competitive dimension to compete with in operations strategy
A: To be determined: Name the most difficult competitive dimension to compete with in operations…
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Solved in 2 steps
- Explain what is an tripple bottom strategy with a company example adopting it ?What benchmarking is and explain the steps of benchmarking that company needs to follow for benchmarking.With the streamlining of its loyalty card scheme what shouldHolland & Barrett do to enhance its customer relationshipmanagement?
- How benchmarking can be used by the owner/manager of a fast food chain? Explain.Enumerate at least three (3) real-life examples of ways that firms can manage their costs and revenues to maximize profit.What are the three broad objectives that provide information for What management is concerned with factors that drive costs?