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Briefly describe any four (4) mechanisms that can be implemented at the system or policy and process level to support innovative practices, in about 100 words.
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- How can product and/or process innovation be good for operations management? Can it be bad for operations management? If so, how?What is the value chain analysis? What does the gain firm when they successfully uses this tool?Attempting to link improvements to business strategy, explain how the generic performance measures can contribute to the overall strategy objectives of an organization.
- Analyze your role within a value chain. What is the purpose of the value chain?What do you do? How do you communicate with the other people who are part of the value chain? How does the effectiveness of the value chain get measured?A.What is BPR? B.List and briefly explain the seven principles the reengineering team must follow to be successful in the quest for such a business revolution. C.What Is Supply Chain Management (SCM)?Analyze BIC COMPANY support activities using the value-chain analysis and describe how they add value to the company. As BIC COMPANY is always looking to improve, are there any activities you think they could improve on or do differently?
- How to perform METRICS TO EVALUATE INTEGRATED SYSTEM EFFECTIVENESS?Outsourcing and environmental awareness are two recent business principles.Outsourcing MagicBands and related systems has many advantages.Examine how Disney World may incorporate “greening IT” into its strategy.What is primary goal of value chain analysis ?
- How can we identify inefficient business processes via a reengineering study? Why?tWhat is lowered by employing economies of scale or scope? Give an example of how a real organization uses these concepts to deliver better performance.EVALUATION AND CONTROL PROCESSES”. How do you implement this concept in a company working in the Agriculture industry?