EBK OM
6th Edition
ISBN: 9781305888210
Author: Collier
Publisher: YUZU
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Chapter 6, Problem 2DQ
Summary Introduction
Interpretation:The importance of understanding the local culture and practices of the countries by operations manager in which a firm does business are to be determined along with the consequences if they do not understand this.
Concept Introduction:Identifying a business prior to entering a marketplace is significantly important towards the growth of the business. The tastes, preferences, beliefs and values should be considered prior entering a marketplace and product design and pricing should be done accordingly.
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Explain why it is important for operations managers to understand the local culture and practices of the countries in which a firm does business.
What are some of the potential consequences if they don’t?
Discuss alliances or partnerships a company might have with other companies to support its operations management strategy.
Companies have relied on their operations functions not only to maintain day-today operations, which has itself been challenging, but also to position the business to survive and grow in the post-pandemic world. Considering the preceding statement, examine the approaches that manufacturing organisations can implement to achieve a competitive advantage through their operations capability in a post-pandemic world
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- How would it be possible for an organization to use outsourcing to gain a competitive edge on competition? Provide some examples of companies that have gained competitive advantage by outsourcing IT operations.arrow_forward“Companies have relied on their operations functions not only to maintain day-today operations, which has itself been challenging, but also to position the business to survive, grow and remain competitive in the post-pandemic world”. Considering this statement, discuss the measures that organisations should embrace to remain ahead of their rivalries.arrow_forwardEducate staff and management of V&A Waterfront on different dynamics in Operations Management, by providing an evaluation of new trends in operations management and debate the differences between goods and services to enhance their understanding of operations in their line of business.arrow_forward
- An operations manager wears many hats in his workplace. Discuss the following roles played by an operations manager in the given industry: (i) Manager of flow of work and money in a chain of grocery stores; (ii) Manager of technology in a manufacturing companyarrow_forwardIdentifies four global strategic choices for operations and explains them?arrow_forwardGive an example of a global business with which you are familiar. How has globalization affected its operations and its supply chain?arrow_forward
- Identify the latest trends in operations management, and understand how given these trends, firms can address the challenges facing operations and supply chain managers in a firm.arrow_forwardOperations Management - Make a strategic sourcing process utilizing the hospitality/tourism industry operations. How to source products/materials used in the operation of the said department which is the (HOUSEKEEPING DEPARTMENT) Follow the strategic sourcing process from the video. https://youtu.be/oYxxp7yh8Lsarrow_forwardPick a company that you are familiar with and describe its operations strategy and how it relates to winning customers. Describe specific activities used by the company that support the strategy.arrow_forward
- Outsourcing is a popular business strategy involving hiring third-party services for customer support, payroll management, and software development. While it can increase cost savings and productivity, it has some problems that need to be addressed.Critically evaluate 10 difficulties encountered with outsourcing and propose solutions to the issues raised.arrow_forwardPick a company (and its value chain) that you are familiar with and describe its operations strategy and how it relates to winning customers. Describe specific activities used by the company that support the strategy.arrow_forwardHow are a company's operations strategy's limits determined?arrow_forward
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