QSO690_MilestoneOne
.docx
keyboard_arrow_up
School
Southern New Hampshire University *
*We aren’t endorsed by this school
Course
690
Subject
Business
Date
Jun 14, 2024
Type
docx
Pages
6
Uploaded by UltraFang11324
Sean Meredith
QSO 690: Topics in Operations Management
Milestone one: John Deere
June 6, 2024
Internal Capabilities and Limitations
John Deere has a strong presence in the agricultural world. The company has a diverse portfolio ranging from agricultural equipment, utility vehicles, clothing apparel, and even bicycles. John Deere even manufactures equipment used by the government and military which generates revenue through sales to diverse clients (Momin, 2023). John Deere has four core values integrity, quality, commitment, and innovation, each of which the company practices every day. Products are checked for quality assurance at each stage of production to ensure that the product meets the company’s standards before released to the consumer. The company continues to innovate as John Deere has implemented artificial intelligence through their cloud technology that has been recently implemented.
John Deere’s largest limitation is the markets the company has not reached yet. John Deere has more than 30 Locations worldwide, but yet has established a market in the Middle East, countries such as Saudi Arabia and Qatar do not use John Deere Products. The lack of impact that John Deere has in other regions such as the U.S., Europe, and Asia shows a missed opportunity.
Business Development Opportunities
As previously mentioned, John Deere is not sold in regions such as the Middle East. Establishing a market there will create a new market for the company. John Deere’s focus on global diversification will help increase market share and reduce the risk of investing in only one
region (CPP, 2018). This opportunity will create growth in untapped markets while creating growth and jobs from a global standpoint.
Cost Saving Opportunities
John Deere's sustainability program, highlighted on their website, underscores their commitment to operational efficiency and competitiveness. John Deere launched a new operating
model, the Smart Industrial Strategy which launched in 2020 (Diehn,2023). The implementation of this new strategy focused on technology investment, aligning products and solutions, and increased customer service to their consumers. Through the company’s investment in technology,
it will, “customer economic value across the lifecycle in ways that are more sustainable for all” (John Deere, 2021). This strategy will not only create a better product for the consumer but reduce costs in warranty repair costs.
They've prioritized sustainability across various domains including occupational safety, product innovation, responsible energy, water usage, and recycling. The company reports that it recycles 75% of their total waste. John Deere has
delivered 1.5 million machines that will increase crop protection by 20% while reducing 15% CO2 emissions by 2030 (Birch, 2024). This approach not only aligns with triple bottom line, but also offers opportunity for reduced overhead costs through optimized resource management.
External Threat Factors
John Deere faces many competitors in multiple markets. When looking at agricultural manufacturing you have Walker Caterpillar, CNH Industrial, Komatsu, and others. John Deere also faces competition in the utility vehicle world with competitors such as Yamaha, Honda, and CF Moto. John Deere must protect their market position as each of these companies is a threat to the company. Inflation has risen almost 9% since 2022, this has been a crucial blow to almost every company and individual in the world (Momin, 2023). Inflation has caused the cost of raw materials to increase, which has caused John Deere’s products to increase in price as well. With
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
SWOT Analysis Uber Ridesharing
Weaknesses
Does the organization have a weak brand presence?
Are resources insufficient for marketing activities?
Does the company lack distinctive products or services?
Do current products or services fail to satisfy the needs of customers?
Do current products or services fail to bring value to customers?
arrow_forward
Management Information Systems.
arrow_forward
Management Level: Operational Manager
Department: Business Development (Sale)
Company Structure: Investigating Direct Traders
Kindly complete the following from the information above:• An overview of recent cryptocurrency trading market trends.• Examination of consumer preferences for various types of cryptocurrencies.• Information on peak trade hours and user activity trends.• User feedback or recommendations on the broker model and future enhancements.
Please reference.
arrow_forward
Balanced Scorecard
Maloney Corporation manufactures plastic water bottles. It plans to grow by producing high-quality water bottles at a low cost that are delivered in a timely manner. There are a number of other manufacturers who produce similar water bottles. Maloney believes that continuously improving its manufacturing processes and having satisfied employees are critical to implementing its strategy.
Required:
a. Please create a vision and mission for Maloneys that makes sense for them .
b. Please identify, clearly and in your own words, what the Balanced Scorecard measures and its four perspectives .
c. Please identify 3 key performance measure (applicable to Maloney Corporation), as well as their corresponding measures and targets, for each balanced scorecard perspective.
arrow_forward
Research and Development: Risk Aversion and Performance Measurement When theeconomic outlook becomes uncertain, some managers look to cut costs in research and developmentto provide a short-term boost to profits. The problem with this strategy is that it reduces the opportunities for new products and product improvements in the coming years, which are necessary forthe long-term competitiveness of the firm. As Intel chair Craig Barrett says, “You cut off your futureif you do not invest.”Required1. What role does risk aversion play in determining the amount to invest in research and developmenton an ongoing basis? How might a firm manage risk aversion so as to continue the desired level ofspending on research and development?2. What type of strategic business unit would you choose to evaluate the performance of the research anddevelopment department? Explain your choice briefly
arrow_forward
Part I-Multiple
Choose ONE correct answer and write it
1.) Automation in manufacturing process represents an example of a(n)
environmental factor.
A) political
B) demographic
C) technological
D) economic
2.)
are responsible for making organization-wide decisions and establishing the 1
and goals that affect the entire organization.
A) Production managers
B) First-line managers
C) Middle managers
D) Top managers
arrow_forward
Identify the resources, capabilities and core competencies that would be needed for that business.
Resources: Asset that an organization can use when formulating or implementing a strategy.
- Tangible: people, money, equipment, location, supplies
- Intangible: knowledge, patent, trademark, brand, reputation, training system
Capabilities: An organizational and management skill necessary to orchestrate a diverse set of resources and deploy them strategically. This is an intangible.
Core competencies: A unique strength within an organization that allows it to differentiate its products and services from those of its competitors, creating higher value or lower costs for its customers and itself.
Identify the major costs of the following three ways to start a new business.
Start-up
Business purchase
Franchise
What do you think is best way to start up this business (creating a new business, buying an existing business or franchising a business)? Why?
arrow_forward
Business Management, Quality engineering question
Please read the pages and make a short and clear summary of them with your own words please. Mention only the necessary important parts
Also, you will put your comments and ideas about the topic briefly
It is what you understand
You must prepare neat the summary
Thank you
arrow_forward
https://www.kcet.org/shows/the-migrant-kitchen/episodes/the-migrant-kitchen-1-hour-special
The Migrant Kitchen highlighted Eggslut founder, Alvin Cailan's kitchen incubator Unit 120. Which of the following are true about kitchen incubators? Select all and only statements that apply.
Select one or more:
a.
It is a piece of equipment that enables cooks to prepare food more efficiently and cost-effectively.
b.
It's a system that enables entrepreneurs to test their concepts with lower risk.
c.
Alvin Cailan believes that chefs who use the incubator and fail, still gain from the experience.
d.
All of the above are true.
arrow_forward
1. Cost Leadership is defined as having the lowest cost of operation in the industry.
TRUE E FLASE
arrow_forward
Operations management ( employees empowerment) kindly send answer fast plz..
Stress can be debilitating. When employees are under constant, long-term stress, what behaviours do they exhibit that would indicate that they are over-stressed? If untreated, what is the risk to the organization?
arrow_forward
Blue Cross Blue Shield director of operations
Identifing a policy in my organization that I think could be created or amended to improve organizational governance, operations, or compliance with federal or state regulations.
what can I include to Provide an analysis of how your policy change would improve the organization.
along with Evaluating what changes in the organization would need to be made to implement the policy change.
And Explain how you would advocate for your policy change while using the approval processes in your organization.
arrow_forward
15. Potential disruptions cut across all spectrums of the business world and beyond. They may arise in every part of the business environment and within the company and it’s extended enterprise in determining potential disruptions the starting points is
A examining the external business environment
B determining the capabilities and resources of the organization
C Calculating the strengths and weaknesses of the organization
D none of the above
arrow_forward
Internal - External (IE) Matrix 1 This Template allows for up to 5 divisions. If the company has more than 5 divisions, combine the divisions with the least amount of revenue into division 5, and mention the adjustment to the class during your presentation, or simply focus on the 5 divisions that your 3-year plan centers around; check with your Loofaces 2 Company wide EFE and IFE scores are automatically entered once you complete the EFE and IFE Matrices. 3 Enter in estimated EFE and IFE Scores for your respective divisions. 4 This Template's IE matrix does not produce pie slices to show profits. Microsoft Enter in division names below. If less than 5, leave the other spaces blank and no circles will appear. Remember you could use divisions by geographic region for the BCG and by product/service type for the IE (or vice versa) Your Firm's Division Revenues Estimated IFE Score Estimated EFE Score.
arrow_forward
Q4. Please read the following case and answer the questions given at the end.
The Hotel Paris’s competitive strategy is “To use superior guest service to differentiate the Hotel Paris properties, and to thereby increase the length of stay and return rate of guests, and thus boost revenues and profitability.” HR manager Lisa Cruz must now formulate functional policies and activities that support this competitive strategy and boost performance by eliciting the required employee behaviors and competencies.
As an experienced human resource director, the Hotel Paris’s Lisa Cruz knew that recruitment and selection processes invariably influenced employee competencies and behavior and, through them, the company’s bottom line. Everything about the workforce—its collective skills, morale, experience, and motivation—depended on attracting and then selecting the right employees.
In reviewing the Hotel Paris’s employment systems, she was therefore concerned that virtually all the company’s…
arrow_forward
Q4. Please read the following case and answer the questions given at the end.
The Hotel Paris’s competitive strategy is “To use superior guest service to differentiate the Hotel Paris properties, and to thereby increase the length of stay and return rate of guests, and thus boost revenues and profitability.” HR manager Lisa Cruz must now formulate functional policies and activities that support this competitive strategy and boost performance by eliciting the required employee behaviors and competencies.
As an experienced human resource director, the Hotel Paris’s Lisa Cruz knew that recruitment and selection processes invariably influenced employee competencies and behavior and, through them, the company’s bottom line. Everything about the workforce—its collective skills, morale, experience, and motivation—depended on attracting and then selecting the right employees.
In reviewing the Hotel Paris’s employment systems, she was therefore concerned that virtually all the company’s…
arrow_forward
You are the executive of a Reynolds business division. Last year, 243 employees worked in your division. This is the break-down:
• Total employees: 243
o Line managers: 10
Supervisors: 20
o Administrative staff: 8
o Production workers: 205
During last year, three line managers resigned, two supervisors left to work for DuPont, and three were fired. Three members of
the administrative staff were pregnant; one of the three resigned. Regarding your production workforce, 21 are not working for
your unit anymore. Of those, six were fired, two died, and four retired. Of the remaining ones, five transferred to another unit
within Reynolds and four resigned. Of the ones that resigned, two left for other jobs in the Richmond area, one moved to
Minnesota to get married, and one went back to VCU to get her MBA.
You are very concerned about turnover.
What is the total turnover rate?
O Approx. 11.7%
O Approx. 11.1%
O Approx. 13.3%
O Approx. 12.3%
arrow_forward
please solve soon
arrow_forward
Case study:
Sales jobs are incredibly diverse. While one role might be perfect for your
personality and career goals, another might make you miserable or require skills
you don't have.
"Selling job depends on the type of business one operates", Based on this
statement:
a. Explain four (4) types of selling Jobs available in Fast-food business
arrow_forward
please answer 5 questions below, my deadline is coming in tomorrow
Information are all in 2 pictures
arrow_forward
Topic 3: The Environment and corporate culture)
Q3. Describe the four types / categories of cultural values that are important for the organization, managers consider the external environment, as well as the company’s strategy and goals.
arrow_forward
Question 1 has to do with something NOT being one of the managerial considerations in
determining how to compete successfully.
2. A company's strategy concerns (what does it consist of?).
3. The action plan is implemented by management (for what purpose?).
4. The competitive moves and business approaches a company's management is using to grow the
business, stake out a market position, attract and please customers, compete successfully,
conduct operations, and achieve organizational objectives. It is known as what?
5. The objectives of a well-crafted strategy require management to (do what?).
6. To improve performance, there are many different avenues for outcompeting rivals such as: (know
how to compete against rivals).
7. A company's strategy defined as?
8. Every strategy needs what?
9. Question 9 asks which (from a list), is NOT something a company's strategy is concerned with (So,
know what it does pertain to).
10. What is NOT a primary focus of a company's strategy?
11. When does…
arrow_forward
Institutional Mission: This school exists to provide a transformative and accessible learning environment through effective teaching, services and research where our learners realize their full potential, teachers are empowered, and staff are committed to service responsive to the workforce and societal needs.
Above are the mission of the institution. Does the mission statement say what makes you different? Why?
arrow_forward
Provide a brief definition or explanation for the following term within the context ofbusiness management together with an example. You are required to define the term in yourown words.Please note: please add your own original examples Q.2.4 Legitimate power2.5 performance or control standard (context of control process).
arrow_forward
Slide 2: Company Overview• Write a brief introduction to Walmart, including its industry, the size and scope of its operations.• Explain why this company is suitable for applying operations management concepts.Slide 3: Productivity• Discuss the importance of Walmart's productivity and how it is measured in the company's operations.
arrow_forward
Challenge 2: Design Your Own EDS
Design the EDS for your intended business using the step-by-step EDS development
process below.
Do a good customer or client profiling. Determine who are the most
likely customers of your product or service. Who comprises the majority or
significant segment of your intended customers? (Observe the customers of
your most probable competitors to get this customer profile.)
Step 1:
Do a good product profiling. See what the customers buy and you can get a
good idea of who they are. You should get a good profile of the products "most
bought," "next bought" up to the "least bought."
Step 2:
Determine customers' QDP expectations. Customers' quality, delivery,
and price (QDP) expectations can be determined by documenting all their
"needs, wants, and desires" as they purchase the products or services.
Their complaints are also very good indicators of what they do not like; the
reverse of which is what they like. Customers' QDP expectations can also be
determined…
arrow_forward
Case Krispy Kreme Doughnuts Inc 2015
Based on the given case above, you are required to read the case and :
1. Propose a new mission statement for the organization based on 9 components of mission statement:
1.Customer
2. Product/ service
3. Market
4. Technology
5. Concern for survival, profitability and growth
6. Philosophy
7. Selfconcept
8. Concern for public images
9. Concern for employees
10. Component Legend is provided
2. Quality of the writing of the proposed mission statement and explain
arrow_forward
Q#2: Do you think OB has any role in making organization profitable? How an organization can be improved by this knowledge.
arrow_forward
2. Case Studies
2.1. Business Strategies: Why dis Kodak Fail? What happened to a great company?
Do some research on competitive forces and driving forces that are at work or relevant to the mentioned
companies/industry Draw five-forces diagram and briefly discuss the nature and strength of each of the
competitive forces. Make a list of the driving forces in the industry and draw some conclusions about
whether the likely impact of these driving forces on these companies were favorable or unfavorable.
Give your insights.
arrow_forward
5 important points with the long explanation every point thank u
Topics : Just In Time -> About Operational management
arrow_forward
Please answer the following question in less than 200 wordsCompose a Business email to your manager on one of the following topics• Asking for a review of your job role and pay grade• Making a complaint about your working conditions• Asking for extra annual leave to deal with a family crisis• Discussing an idea you have to improve the busines
arrow_forward
Give me SWOT Analysis of J.Co Company
10 per strength, 10 weaknesses, 10 opportunities, 10 threats
arrow_forward
Assistance please with the following. Showing all working.
arrow_forward
Developing An Effective Business Model
Uniqlo
For its core strategy, Uniqlo uses a combination strategy with elements of product differentiation and low-cost leadership. Describe these elements.
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education
Related Questions
- SWOT Analysis Uber Ridesharing Weaknesses Does the organization have a weak brand presence? Are resources insufficient for marketing activities? Does the company lack distinctive products or services? Do current products or services fail to satisfy the needs of customers? Do current products or services fail to bring value to customers?arrow_forwardManagement Information Systems.arrow_forwardManagement Level: Operational Manager Department: Business Development (Sale) Company Structure: Investigating Direct Traders Kindly complete the following from the information above:• An overview of recent cryptocurrency trading market trends.• Examination of consumer preferences for various types of cryptocurrencies.• Information on peak trade hours and user activity trends.• User feedback or recommendations on the broker model and future enhancements. Please reference.arrow_forward
- Balanced Scorecard Maloney Corporation manufactures plastic water bottles. It plans to grow by producing high-quality water bottles at a low cost that are delivered in a timely manner. There are a number of other manufacturers who produce similar water bottles. Maloney believes that continuously improving its manufacturing processes and having satisfied employees are critical to implementing its strategy. Required: a. Please create a vision and mission for Maloneys that makes sense for them . b. Please identify, clearly and in your own words, what the Balanced Scorecard measures and its four perspectives . c. Please identify 3 key performance measure (applicable to Maloney Corporation), as well as their corresponding measures and targets, for each balanced scorecard perspective.arrow_forwardResearch and Development: Risk Aversion and Performance Measurement When theeconomic outlook becomes uncertain, some managers look to cut costs in research and developmentto provide a short-term boost to profits. The problem with this strategy is that it reduces the opportunities for new products and product improvements in the coming years, which are necessary forthe long-term competitiveness of the firm. As Intel chair Craig Barrett says, “You cut off your futureif you do not invest.”Required1. What role does risk aversion play in determining the amount to invest in research and developmenton an ongoing basis? How might a firm manage risk aversion so as to continue the desired level ofspending on research and development?2. What type of strategic business unit would you choose to evaluate the performance of the research anddevelopment department? Explain your choice brieflyarrow_forwardPart I-Multiple Choose ONE correct answer and write it 1.) Automation in manufacturing process represents an example of a(n) environmental factor. A) political B) demographic C) technological D) economic 2.) are responsible for making organization-wide decisions and establishing the 1 and goals that affect the entire organization. A) Production managers B) First-line managers C) Middle managers D) Top managersarrow_forward
- Identify the resources, capabilities and core competencies that would be needed for that business. Resources: Asset that an organization can use when formulating or implementing a strategy. - Tangible: people, money, equipment, location, supplies - Intangible: knowledge, patent, trademark, brand, reputation, training system Capabilities: An organizational and management skill necessary to orchestrate a diverse set of resources and deploy them strategically. This is an intangible. Core competencies: A unique strength within an organization that allows it to differentiate its products and services from those of its competitors, creating higher value or lower costs for its customers and itself. Identify the major costs of the following three ways to start a new business. Start-up Business purchase Franchise What do you think is best way to start up this business (creating a new business, buying an existing business or franchising a business)? Why?arrow_forwardBusiness Management, Quality engineering question Please read the pages and make a short and clear summary of them with your own words please. Mention only the necessary important parts Also, you will put your comments and ideas about the topic briefly It is what you understand You must prepare neat the summary Thank youarrow_forwardhttps://www.kcet.org/shows/the-migrant-kitchen/episodes/the-migrant-kitchen-1-hour-special The Migrant Kitchen highlighted Eggslut founder, Alvin Cailan's kitchen incubator Unit 120. Which of the following are true about kitchen incubators? Select all and only statements that apply. Select one or more: a. It is a piece of equipment that enables cooks to prepare food more efficiently and cost-effectively. b. It's a system that enables entrepreneurs to test their concepts with lower risk. c. Alvin Cailan believes that chefs who use the incubator and fail, still gain from the experience. d. All of the above are true.arrow_forward
- 1. Cost Leadership is defined as having the lowest cost of operation in the industry. TRUE E FLASEarrow_forwardOperations management ( employees empowerment) kindly send answer fast plz.. Stress can be debilitating. When employees are under constant, long-term stress, what behaviours do they exhibit that would indicate that they are over-stressed? If untreated, what is the risk to the organization?arrow_forwardBlue Cross Blue Shield director of operations Identifing a policy in my organization that I think could be created or amended to improve organizational governance, operations, or compliance with federal or state regulations. what can I include to Provide an analysis of how your policy change would improve the organization. along with Evaluating what changes in the organization would need to be made to implement the policy change. And Explain how you would advocate for your policy change while using the approval processes in your organization.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage LearningEssentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage LearningAccounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
- International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education