THE GREAT NUCLEAR FIZZLE AT OLD B & W EVERYTHING WENT WRONG WHEN THE VENERABLE BOILERMAKERS TURNED TO BUILDING PRESURE VESSELS FOR ATOMIC REACTORS. THE WHOLE ELECTRIC-POWER INDUSTRY FELT THE CONSEQUENCES. The long awaited transition of the US electric-power industry into the nuclear age has been slowed by a number of factors, including technological difficulties and public resistance. But a specific and unexpected cause for delay has been one company's crucial failure to deliver a single vital component of nuclear power plants. The failure, basically, was a management failure and on a scale that would be cause for concern even in a fly-by-night newcomer to the nuclear industry. The company, however, was no newcomer. It was proud old Babcock & Wilcox Co., a pioneer of the steam generating business whose boilers were used in one of the first central power plants ever built (in Philadelphia in 1881). Babcock & Wilcox had an impressive $648 million in sales in 1968, making it 157th on FORTUNE's list or 500 largest industrials, and it has been engaged in nuclear work in a major way for fifteen years, producing, among other things, atomic power systems for US Navy submarines. Moreover, the corporation is one of only five that are engaged in building nuclear power plants in the U.S. With consumption of electricity growing by nearly 10 percent a year, the utilities are counting heavily on the new nuclear stations to avoid brownouts and power failures in the years ahead. Poor performance at Babcock & Wilcox is thus one of those problems that could send ripples through the whole economy Based on the article given, answer the following questions: 1. In general terms, what knowledge and skills do you need to be successful in operations management?

Imperfect competition and moral hazard. Some economists have argues that moral hazard and monopolistic health care markets are two socially inefficient problems that partially cancel each other out. Relative to the optimal level of health care Q*, how much health care is provided in the presence of moral hazard? Assume perfectly competitive health care markets.

how did tesla Surpass china in manufacturing of electric vehicles (including materials and Part)?

‘Management of Risk is key to successful Project Management’. Discuss the merits of this statement, using an example to illustrate. Give Example/s to illustrate

Covid-19 and Operations Management: What’s Next for technological companies?   You are required to write a report, discussing How the covid-19 has impacted the operations, logistics and global supply chains of technological companies? What are the strategies that should be used by the technological companies to reduce the impact of such pandemic in the future?-1000 words- Please list down the references

Consider specific information about the 2018-2019 air accident and its impact on Boeing's IS Governance.

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Cynthia Carroll, former CEO of Anglo American, talks about sustainable development issues during her tenure It plays a crucial role and this is widely accepted now. The days where sustainable development was simply seen as a cost with no value have gone. Value means different things to different people. Creating financial value for our shareholders is a given, but we believe this is not incompatible with environmental protection, and delivering broader benefits to our host governments and communities. We are committed to creating long term benefits and, in doing this, considering the social, environmental and economic implications of all our decisions and actions. This requires us to understand the issues that are going to have an impact on our business, such as access to water, energy or retaining talented people, and ensuring we can manage those risks. It also means actively looking for opportunities, the ways that we can really deliver value over and above the traditional benefits…

Despite thirty straight years of increased revenues and profits, Walgreens found itself facing intense competition from Costco, Wal-Mart, and CVS. However, the biggest and newest threat to Walgreens’ business was mail-order prescription sales managed by pharmacy benefit managers (PBMs), who work closely with companies, insurers, and health maintenance organizations to reduce pharmaceutical costs, which have been increasing an average of 13% per year. With Costco’s rock bottom prices, Wal-Mart’s incredible volume-based purchasing power, and PBMs, according to a government study, able to sell brand-name drugs and generic drugs 27% and 53% cheaper than traditional drug stores, Walgreens is going to have to tightly control its expenses to continue to be competitive. In terms of efficiency, it costs Walgreens less to fill a prescription order (i.e., fulfillment costs) than any other retailer in the business. PBMs, however, can still fill a prescription for half as much as Walgreens. To…

from the scenario below Choose at least two techniques from any Knowledge Area that could be used by Mr. X to better compete with Air BnB. Give a detailed explanation of each technique, the reasons for your choice, and how you would apply them to the scenario.