Operations Management Which analysis tools can you use to draw insights on opportunities and threats? Select all that apply. PEST analysis 5 Forces analysis Portfolio Analysis Capability Analysis
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- 1. Analyze external factors a. Identify all factors in the general environment that could influence Hālau Online’s future. (that is, conduct a PESTEL analysis). d. Describe how all industry factors that could influence the future of the organization. (that is, conduct a Five Forces analysis).a. Describe the difference between top-down(directed)and bottom-up (emergent view of operations strategy. b.Comparealow-cost and full-service airlines in terms of their operations strategy and the operations decisions they make to implement the strategy. Your answer should make reference to processes, quality, capacity, and inventory.What type of management system would support the creation, organization and dissemination of business knowledge to staff throughout a company. a.Management information system. b.Strategic information system. c.Knowledge management system. d.Executive management system. Two concepts that shape much of the strategy that companies employ are: a.Value chain analysis and applying the five forces model. b.Applying the forces model and an integrated approach. c.Value chain analysis and having a competitive advantage. d.Applying the five forces model and having a competitive advantage. Profit and loss analysed by a company would need to access current sales figures and not access past sales figures from several years ago. What kind of information would this be? a.Information that is valid b.Information that is reliable. c.Information that is accurate. d.Information that is timely.
- How are the 10OM strategy decisions different when appliedto the operations manager of a service operation such as l-IardRock versus an automobile company such as Ford Motor Company?Business: Starbucks1. Identify its business objectives and strategy (perhaps as stated in its mission statement).2. Identify its operations strategy by analyzing its actions in the key decision areas of structure and infrastructure.3. Do you think that their business will grow and sustain with that strategy? and why?4. Identify the technologies they are using in their Human Resource, Communication, Marketing and Branding and Production.- 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.
- Using McKee's environmental assessment, what are the comunity Medical's most iportat strengths, waeknesses, opportunities, and threats (SWOT analysis)?1) What was AlphaCo's issue(s)? 2) How did AlphaCo address their issues? 3) After reviewing this case study, what lessons did you learn from AlphaCo? How can you apply those lessons learned to your small business? AlphaCo is a successful apparel retailer that has developed from a catalogue-based background. The majority of the company's turnover is generated from its original mail based catalogue sales market, although the company now has four physical stores, indicating a stronger move into the physical retailing area. AlphaCo started with a conservative approach to the Internet, their strategy being to develop a basic Web site for the purposes of testing the market and raising brand awareness. Old Paradigm In the 1990s, the company identified that interaction with both suppliers and customers using Internet technologies was a critical area of development if the company was to grow on both a local and global scale while keeping costs down. Customer interaction through an Internet…Which stakeholder(s) created the Tourism Tofino Strategic Business Plan, and which sector(s) do they represent?)2. Identify two existing plans or policies that were followed or considered in the creation of the Tourism Tofino Strategic Business Plan, and who created them? ()3. Identify four key local stakeholders mentioned in the Tourism Tofino Strategic Business Plan (other than Tourism Tofino). 4. Identify two key non-local stakeholders mentioned in the Tourism Tofino Strategic Business Plan. 5. What is the timescale of the Tourism Tofino Strategic Business Plan? (6. What kind of consultation was completed and how often was the public consulted? (7. Is the Tourism Tofino Strategic Business Plan an example of sustainable tourism development? Explain why or why not. Provide two reasons to support your answer. (8. Identify one environmental, one economic, and one socio-cultural impact mentioned in the Tourism Tofino Strategic Business Plan (3 impacts total. Impacts can be positive or…
- Fast moves or "Speed to Market" is a crucial operations strategy in today's fast-pacedbusiness environment, where the ability to introduce new products or services quickly canprovide a significant competitive advantage.a. Briefly discuss the importance of "Speed to Market" as an operations strategy intoday's fast-paced business environment.b. List two (2) real-world companies that have successfully employed this strategyto gain a competitive advantage and capitalise on emerging market opportunities.c. Compare and contrast the impact of "Speed to Market" on the success of thesecompanies with those that have been slow to respond to changing marketdemands.create an Operationalplan for a wind farm (wind turbines that produce electrcity) Your operational plan should include key processes,structures and strategies involved in the transformation ofinputs into outputs. Where possible, a transformationmodel may be used to demonstrate this process. Thebusiness approach to planning and management ofproduce and services may also be included. And descriptions of key personnel and the organisationalstructure, employments agreements, etc.Operations Strategy is all about marshaling and developing resources for strategic impact; (a)Mention and explain in detail Four (4) Perspectives that the Operations Strategy must reflect and why is Operations excellence fundamental to strategic success? (b)Operations and Process Management require Three (3) levels of analysis; list them and briefly explain why such a case (c)Compare and contrast Business strategy and Operations strategy in terms of ‘Business Model’ and ‘Operations Model’