Imagine you are considering opening a business

Assignment Help Operation Management
Reference no: EM13845561

Imagine you are considering opening a business. Share the type of business you would open. Then, create a list of the five (5) most significant risks that you must address prior to making your decision regarding the viability of your venture. Justify the risks.

Reference no: EM13845561

Questions Cloud

Explain how technology contributes to change in culture : Explain how technology contributes to change in culture, specifically organizational culture. Give specific examples.
Explore the social psychology network website : Explore the Social Psychology Network website, and get comfortable searching for information. Scan the professional profiles of social psychologists and learn about their social psychological research
Prepare the aggregate plan to cover six periods : Prepare the aggregate plan to cover six periods. period 1 forecast 200, period 2 forecast 200, period 3 forecast 300, period 4 forecast 400, period 5 forecast 500, period 6 forecast 200. cost output regular time $2 per skateboard, temp workforce rate..
What is z-buffer algorithm? : What is z-buffer algorithm?
Imagine you are considering opening a business : Imagine you are considering opening a business. Share the type of business you would open. Then, create a list of the five (5) most significant risks that you must address prior to making your decision regarding the viability of your venture. Justify..
Computer-based forecasting packages handle forecasting : What are the advantages of having computer-based forecasting packages handle forecasting? What are the differences between using linear regression to develop a time series forecasting model and a causal forecasting model? Are highly experienced manag..
Why individualistic and collectivistic cultures differ : Using 250-500 words, explain why individualistic and collectivistic cultures differ in their tendency to make the fundamental attribution error
Major procedures-concurrent and sequential engineering : Product design can be conducted by two major procedures: Concurrent engineering. Sequential engineering. Which type of product development effort would be better suited to concurrent engineering a radically new product involving cutting-edge product ..
Implemented strategic HRM initiatives : Identify an organization that successfully implemented strategic HRM initiatives. Present the initiatives and discuss the business strategies achieved as a result of the initiatives.

Reviews

Write a Review

Operation Management Questions & Answers

  Use american football as a metaphor

Use american football as a metaphor to explain the way U.S. corporation run and how they tend to behave in terms of strategies and goals.

  Determine the amount of fabric

The best way for her to determine the amount of fabric she needs is to forecast it based on her customer orders for each type of skirt.

  How you think the distribution system

how you think the distribution system, The Hartley-Davis motorcycle dealer in the Minneapolis- St. Paul area wants to be able to forecast accurately the demand for the Roadhog Super motorcycle during the next month.

  How many decision variables are there in a transportation

How many decision variables are there in a transportation problem which has 5 supply points and 4 demand points?

  What is the factorys efficiency

If tasks are divided in to 6 different workstations. The workstation cycle time per tire is 42 seconds. The time it takes for all tasks to be completed in producing a tire is 275 seconds. What is the factory's efficiency?

  What should the production run quantity be

Production is at the rate of 300 per day when operating. The standard cost of a wiring harness is $75, and the company's inventory carrying cost is 25 percent per year.

  How can a firm reduce its risk in this type of expansion

What are the factors that must be considered, and how can a firm reduce its risk in this type of expansion?

  The cultural values of the organisation

Imagine yourself in a situation of being encouraged to inflate your expense account. Do you think your choice would be most affected by your individual moral development or by the cultural values of the organisation for which you work? Explain"

  Describe the process internal to the company

Identify a process internal to the company that you wish to analyze. Describe the process internal to the company that you wish to analyze.

  Describe the role of strategic planning in creating value

what is the role of strategic planning in creating value for the organization? provide an example of how a company uses

  Midway through the project your design

Midway through the project your design and production people realize that a 75 percent improvement curve is more appropriate

  What constraints added to two resulting lp problems

A company will be able to obtain a quantity discount on component parts for its three products, X1, X2 and X3 if it produces beyond certain limits.

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