Discuss some contrasting views about the issue of lacking new ideas in the corporate sector, and show a few incidents in real life. Use your own experience.
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Discuss some contrasting views about the issue of lacking new ideas in the corporate sector, and show a few incidents in real life. Use your own experience.
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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.How can product and/or process innovation be good for operations management? Can it be bad for operations management? If so, how?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?
- What is the relationship among corporate-, business-, and functional-level strategies, and how do they create value for an organization? Explain it with an examplerelate these concepts, why is it important in a company? -core competency-above-average yields-tangible and intangible resources-capabilities -value creationWhat is the value chain analysis? What does the gain firm when they successfully uses this tool?
- - Operations main costs and strategic roles of business - Role of operations, input and outputs, examples - Importance and examples of operation management roles in today's business world TASK 1: Envision and conceive for this week's course a business of your own. It can be a good (product) or service. Indicate key inputs required to produce your final good or service and what key elements are required in the transformation process.1. What is a Business Plan for? 2. What type of business that is on high demand today? 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.
- Using further information from the Internet, write a brief account of how different elements of the temporal and competitive environments interact to influence the situation at Nokia.Using the knowledge you have gained around Systems Thinking, use a system's thinking approach to address the issue of schools that have remained closed, reopening in January.Does every company have to cascade the balanced scorecard to lower levels of organization? If they do, for how many levels the cascading needs? What is the basis an organization to do cascading balanced scorecard to more levels low (lowest)?