Identifying Gaps between Competitive Priorities and Capabilities?
Q: Justify the methods that can be employed to achieve short-term and long term performance improved?
A: Employee performance is described as how well a person performs their job responsibilities and…
Q: Competitive priorities are and
A: The six competitive priorities are: quality, cost, delivery, flexibility, customer focus and…
Q: Identifying gaps b/w capabilities and competitive priorities?
A: Competitive goals are critical elements of a business process or business necessity that must be met…
Q: What factors do we consider in Multi-factor productivity? If the productivity ratio>1, what does it…
A: Productivity refers to the output produced with efficiency with the usage of available inputs i.e.,…
Q: What is the Balanced Scorecard and how is it useful?
A: Balanced scorecard is the accounting approach that would replicate the requirement of each…
Q: complete a value chain analysis for the company ( any company) with the objective of identifying…
A: Value Chain System Value chain evaluation is a way of assessing every pastime in a company's cost…
Q: What are the consequences of outsourcing production? The benefits? Is there a point at which too…
A: Outsourcing helps the business to focus on its strengths, allows staff to concentrate on the main…
Q: What are the benefits of using a life cycle strategy?
A: In business, a product's life cycle tracks its development, maturation, and decline. Product…
Q: Identify the mission and strategy of your automobile repair garage. What are the manifestations of…
A: Answer: The mission of my automobile garage will be the purpose of my garage's existence. Repairing…
Q: In what three ways can market leadership be obtained?
A: Someone truly said that ‘Rome was not built in a day’. The same happens with the market leaders. It…
Q: What are your solutions and recommendations?
A: For all businesses, its human resource is the most significant part of the business as every…
Q: Describe the significant process strategy decision and their impact on operation?
A: The planning process, plan design, strategy development, plan implementation, monitoring, and…
Q: Explain competitive priorities of a company. Give a real example
A: The quality and the cost play an important role in the organization to enhance its competitive…
Q: discuss the following life cycle assessment and it overall goal?
A: Life cycle assessment is the process through which the environmental effects and impacts associated…
Q: Q4. Please read the following case and answer the questions given at the end. The Hotel Paris’s…
A: The job description is a document that includes the roles and responsibilities of a candidate.
Q: What does it take to have an area of “core competency"? Provide an example.
A: Core competence is a blend of various resources and abilities that allows to separate a company on…
Q: What are competitive priorities of an organization? Explain the competitive priorities.
A: There are a lot of decisions that the operations managers have to make for various purposes. There…
Q: Define the Resource-Based View and explain how it delineates sustainable as opposed to temporary…
A: The asset based view is an administrative structure used to decide the essential assets a firm can…
Q: How can an operations strategy analysis be done on product/service development?
A: Product design can be defined as a series of functions with which an arrangement is made to create a…
Q: What are the most crucial characteristics of a successful operations strategy?
A: Operations strategy is the operations management strategy in which long-term planning is developed…
Q: How would you describe benchmarking?
A: Bench marking is a competitive advantage that enables businesses to adapt, develop and survive in…
Q: How do economies of scale play into competitive priorities?
A: Competitive priorities refer to the strategic capabilities which can help organizations to create,…
Q: What is the operations strategy matrix?
A: The purpose of the operations strategy matrix is to categorize & assess risks & actual…
Q: Explain the trade offs, how operational performance goals trade off against one another ?
A: A business's ability to achieve industry standards and benchmarks is determined by its ability to…
Q: What is the value chain analysis? What does the gain firm when they successfully uses this tool?
A: Value chain analysis drawbacks: 1. Value chain analysis requires detail analysis of all the business…
Q: How does the operations manager design and implement performance measures that link to customer…
A: Performance measures: Performance measures is very important for every business…
Q: Define Demand-Oriented Tactics?
A: Demand-based pricing takes many forms, all of which are united because they are based on consumer…
Q: How are the four strategic resources—SWOT analysis, execution, the value chain, and the…
A: The strategic analysis basically refers to the way an organization conducts research to formulate a…
Q: Which of the competitive priorities might present the biggest challenge to Crayola as it expands…
A: Competitive priorities are important decisions for operations managers. It signifies the focus on…
Q: What is the productivity challenge for OM?
A: Operations management is distinct as the transformation of input & output which was used to…
Q: For a business "Accommodation and Food Services" what could be done to gain competitive advantage?
A: The businesses that are focused and entitled to provide hospitality, living services, and food…
Q: Compare and contrast organisation and operations strategy, and illustrate why the two must be…
A: An organizational strategy entails all of the steps that a business should take to achieve its…
Q: There are 9 competitive priorities for success in the marketplace. Why would a company not…
A: Competitive priorities:It includes the dimension of the operations, which would be controlled by the…
Q: Define the 8 step of logistic strategies?
A: Logistic strategies are the strategies that help in finding the most efficient way to distribute the…
Q: Write some examples of partial productivity measures?
A: Partial productivity measures is measuring productivity of a particular output with single unit of…
Q: Describe what are the relationships between benchmarking and decentralisation?
A: Decentralization is the practise of distributing authority to smaller organizations, such as…
Q: Explain benchmarking.
A: Benchmarking is a cycle of estimating the presence of an organization's items, administrations, or…
Q: Explain and describe who need to be involved in organization's strategy in operations management ?
A: Strategy: It refers to the Decisions which are taken by the managers to make an organization move…
Q: Interview managers at a local organisation to determine the company's main business metrics…
A: The balanced scorecard tests enterprise efficiency in the following four basic categories:
Q: What is the outcome of Strategy Formulation in operations?
A: A strategy is a collection of activities and actions that assist an organization in achieving its…
Identifying Gaps between Competitive Priorities and Capabilities?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- How are the four strategic resources—SWOT analysis, execution, the value chain, and the balancedscorecard—linked in a comprehensive strategic analysis?How do economies of scale play into competitive priorities?complete a value chain analysis for the company ( any company) with the objective of identifying valuable resources and capabilities. identify any resource bundles and provide a brief explanation. determine competitive advantage and sustainabity.
- What are the benefits of using a life cycle strategy?Strategy,Organization Design & Effectiveness…..Who follows the other, Explain different views in this regard.What are the steps ( it is 3 part question ) the second part is the multi factor productivity ? And the third part is the percent change in multi factor productivity ?Pleas explain thoroughly