1. Present a well labelled graphical illustration of this model (Boston Box)

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The Robo Company, makers of small engines for lawn mowers, reviews its strategic management process quarterly. Among the areas of review are internal environment assets, which include resources and capabilities to maintain success and grow new ventures to build an advantage over rivals. They frequently use the VRIO tool (valuable, rare, difficult to imitate, and organized to capture value) to assess their resources and capabilities. Two of their resources are their loyal customers and extremely high customer satisfaction, and one of their capabilities is paying above-average wages. They have a large manufacturing plant with older equipment. All engines are built manually, they have an experienced workforce. Customer service is handled by two part-time employees, and they get high ratings. Go-Fast Company is a competitor, also a maker of small engines for lawnmowers. After using the VRIO tool, they listed one of their resources as "loyal customers" and one of their capabilities as…

Which of the following  Strategic OM Decicion Elements do you prefer and why? Use example.  Goods and services: This includes looking for ways to implement consistency in costs, quality, and resources across all business divisions. Quality Management: Be clear on the customer’s demands and then meet those expectations. Use market research to determine customer needs and batch quality assurance testing on products and services in production. Process and Capacity Design: Design strategies which support all production goals including technology and resources. A value stream map can help determine what processes are necessary and how to keep them running efficiently. Location: In developing a location strategy consider supply chain and how the location will receive supplies, the movement of goods and services internally and to customers, and the role of marketing and public relations in the location choice. Layout Design and Strategy: Consider the placement of desks, workstations, and how…