Concept explainers
To explain: The way which shows the increased productivity could be an alternative for H to increase prices if she likes to raise her profits and the way through which H could increase productivity.
Case summary: In the given case, H worked for F company for several years where the company had gone through many tough times. But with the companywide quality improvement program, the company improved its quality and productivity that increased its customer orders. And, therefore, it was shocking when H and her coworkers were removed from the job by the new CEO to downsize the company. Then, H tried hard to find a job but she did not find any job after passing several months. Her funds were depleted and she felt discouraged and demotivated. Then, she started mowing lawns for her neighbors to earn a little money. After some time, she started to work on the other few neighbors’ lawns. and, she then decided to go into her own business she left job hunting and was excited about being her own boss. initially, her business was slow but then she earned a better living from her business. she hired some part-time workers to assist her in lawn care business work.
Want to see the full answer?
Check out a sample textbook solutionChapter 2 Solutions
EBK OPERATIONS MANAGEMENT
- Management Ethics The restaurant charge 3 times higher than the normal price Based on the statement how to overcome it?arrow_forwardYou have just been hired as an Assistant Manager of Green and White Food (GWF), a restaurant/bar supply business that provides a full range of wholesale products to eating and drinking establishment in the South-East United States. The business, established 25 years ago, caters to college students-oriented bar and grills. It has traditionally offered the lowest price on the market for food service products, although the level of service offered is significantly lower than other firms, roughly around 84 % in terms of product availability. Instead, focus has been on operational efficiency to minimize costs. Growth has been steady due to the slim profit margins experienced by most of the customers that the firm serves. In the last 2 years, however, a number of competitors have begun to match GWF’s prices while providing higher service levels, particularly in the areas of delivery replenishment time and product availability. As a result, GWF’s market share has been shrinking…arrow_forwardRead the scenario below and answer the questions that follow: Mahala Spices For 12 years now, the business has been importing spices from all over the world and packaging them in South Africa, to distribute them across the African continent. Although the business has grown significantly over the years, it was only once one of their spice offering was featured in a cooking competition; there was one episode where the contestant, a professional chef, mentioned that she used Mahala Spices in her winning dish for that episode. The judges gave good reviews about the spice enhanced the dish but yet did not disappear from the mix. Due to the show being shown across the world, Mahala Spices started getting orders from all over the world. This increase in volumes forced them to reconsider their supply chain, especially the logistics aspect of it. The business has noted a 7% increase in exports and a 12% increase in the import of ingredients. Q.1.1 Explain any 5 activities to be completed by the…arrow_forward
- Define Sustainable Competitive Advantage. Name a company you believe has achieved a sustainable competitive advantage, identify their "advantage," and describe how that company maintains its advantage.arrow_forwardUse information in the case study and critically examine the process of receiving materials at the warehouse in a Retail. Enterprise in the Far South of Santa Catarina. Include relevant examples to support your answer.arrow_forwardSECTION CRead the following extract and then answer the question belowTwo graduates who completed university degree in three years ago decide to start a new business because they have not been able to secure jobs as a result of a significant drop in availability of job opportunities. They agree to engage in a partnership agreement and source business funding from the Government Youth empowerment scheme. They come for help from you on the duties and liabilities of a partner in a partnership agreement. Justify to them the duties and liabilities of a partner in a partnership agreement.arrow_forward
- Prepare the business plan and the goal to convince JP Destiny Logistics East Africa a new foreign company to proceed with the creation of the new Business in Juba townarrow_forwardHey Bartely, What characteristics will enable land to provide a long-term sustainable food supply? Thank you.arrow_forwardSustainable Competitive Advantage In general, capabilities and resources become strengths with the potential to create a competitive advantage if the following conditions are met: The resources or capabilities are valuable. They allow the firm to exploit external opportunities and/or neutralise external threats. If a firm’s resource or capability allows exploitation of opportunities or neutralisation of threats then it is considered a strength. 2.The resources or capabilities are unique. If only one or a small group of organisations possess a valuable resource or capability, then that resource or capability may be a source of competitive advantage. If numerous organisations possess a particular resource or capability, then the situation is described as competitive parity – no company has the advantage. 3.The organisation must be suited to the exploitation of the resource or capability. This means that the structure and systems of the firm are appropriate for taking advantage of the…arrow_forward
- Sustainable Competitive Advantage In general, capabilities and resources become strengths with the potential to create a competitive advantage if the following conditions are met: The resources or capabilities are valuable. They allow the firm to exploit external opportunities and/or neutralise external threats. If a firm’s resource or capability allows exploitation of opportunities or neutralisation of threats then it is considered a strength. 2.The resources or capabilities are unique. If only one or a small group of organisations possess a valuable resource or capability, then that resource or capability may be a source of competitive advantage. If numerous organisations possess a particular resource or capability, then the situation is described as competitive parity – no company has the advantage. 3.The organisation must be suited to the exploitation of the resource or capability. This means that the structure and systems of the firm are appropriate for taking advantage of the…arrow_forwardIt has been said that there is no such thing as a sustainable competitive advantage. Do you agree? Why or why not?arrow_forwardCan you assist with the question that follow the scenario. The product is a fruity sunscreen to the tourists. Scenario:A group of University students are considering opening a new business in the Tourism sector. The product or service is a novel idea in the Tourism Sector. Notably, the tourism sector is known to be competitive. As a result, it is important for organizations to be aware of their a lternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage. The group is also considering utilizing the strategy formulation framework to aid in developing the company and its novel products. The group is aware that there are certain habits that strategic leaders must encompass but are not sure what they are. The team is aware that they would face potential issues within strategic implementation and would like to understand how this can be remedied. 3. Based on each category of alternative organizational Strategies as…arrow_forward
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.