Define three characteristics on the external environment

Assignment Help Operation Management
Reference no: EM131225627

Define three characteristics on the external environment (not your competitors, but things like socio-economic indicators, epidemiological data, changes in technology, etc) that you think are crucial to strategic thinking and ultimately to strategic management. Explain each of them and why they are important to consider for strategic thinking purposes.

three paragraphs (each paragraph should have at least six sentences)

Reference no: EM131225627

Questions Cloud

Understanding the law important to businesspersons : In what ways is knowing and understanding the law important to businesspersons? What are the major sources of law in our legal system? Explain each. What is common law and how does it work?  How can businesspersons discourage unethical behavior? What..
Determine the optimal daily production mix : Alumco manufactures aluminum sheets and aluminum bars. The maximum production capacity is estimated at either 800 sheets or 600 bars per day. The maximum daily demand is 550 sheets and 580 bars. The profit per ton is $40 per sheet and $35 per bar. De..
Determine the marketing strategy for handwoven place mats : develop atleast one question that will be important for you as you determine the marketing strategy for handwoven place mats and napkins and recommend the best methods for conducting the marketing research to answer these questions , be sure to inclu..
Damages while acting in line and scope of their employment : The concept respondeat superior says that if an employee causes injury or damages while acting in the line and scope of their employment, their employer is also liable for the injuries or damages (along with the employee who caused the injuries or da..
Define three characteristics on the external environment : Define three characteristics on the external environment (not your competitors, but things like socio-economic indicators, epidemiological data, changes in technology, etc) that you think are crucial to strategic thinking and ultimately to strategic ..
What will be the breakdown of costs for each alternative : Ergonomics Inc. sells ergonomically designed office chairs. The company has the following information: Average demand 20 units per day Average lead time 30 days Item unit cost $ 50 for orders less than 200 units Item unit cost $ 48 for orders of 200 ..
Which step of the price-setting process : An analysis of a prospective product shows that sales for it are expected to grow by at least 10 percent each year over the next five years before it enters the maturity phase of its product life cycle. This type of analysis would provide useful info..
What are the low-level codes for all listed : The question was present What are the codes? What are the low-level codes for all listed? also How do you classify C and others when they are on multiple levels?
To describe the operation of attributional process : To describe the operation of attributional process. Describe a situational context where you were committed to fundamental attribution error. Describe a situational context where you were committed to self-serving bias. Describe a situational context..

Reviews

Write a Review

 

Operation Management Questions & Answers

  Negotiated new labor contract for the next round

Chester has negotiated a new labor contract for the next round that will affect the cost for their product Cozy. Labor costs will go from $2.81 to $3.41 per unit. Assume all period and other variable costs remain the same. If Chester were to absorb t..

  What kind of media consumer are you

What do your habits/patterns tell you about your consumption? What kind of media consumer are you? Are there any habits you aren't satisfied with and would like to change? How does your media consumption shape your behavior, attitude, beliefs and ..

  Calculate the re-order point

Like the previous problem, the average lead time is 21 days and the standard deviation of the lead time is 2 days; the average daily demand is 84 units and the standard deviation of the dialy demand is 13 units. The company wants 90% of service level..

  Formulate a linear programming model for this problem

Grafton Metalworks Company produces metal alloys from six different ores it mines. The company has an order from a customer to produce an alloy that contains four metals according to the following specifications:  Formulate a linear programming mod..

  An official professional autobiography

Enhance your interviewing skills by conducting mock interviews. Network with employers through CTU Career Snapshots and CTU Employer Profile webinars.

  Planning and controlling organizational performance

Discuss the role that a supervisor plays in planning and controlling organizational performance. Also discuss the challenges of organizing a work structure and environment in the dynamic economic conditions of 2016.

  Specific quality program tactics were involved

Using personal experience in regard to the quality improvement programs that you discussed in the previous week, which of the following specific quality program tactics were involved

  Find which management tactic did the company employ

Super TV Channel 6 operates in a major Midwestern city and is on the air 24 hours a day. Labor-management relations there have been relatively good over the years.

  Project manager consider when working on global projects

What moral/ethical issues must a Project Manager consider when working on global projects? Consider women’s issues, child labor laws, environmental limitations and human rights.

  Discuss bar code and radio frequency identification

How web applications are being used in Traceability. Discuss Bar code and Radio Frequency Identification (RFID) technologies.

  Production scheduling method provides the greatest flexibile

Which one production scheduling method provides the greatest flexibile?

  Major benefit of open communication

At Groovy Rags, a trendy retail store, manager Eon Forcer doesn't waste any time thinking about whether the employees on his shift get their breaks at a reasonable time.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd