Implemented and proved effective-efficient and innovative

Assignment Help Operation Management
Reference no: EM131375987

The concept of best practices is simple: Do not recreate the wheel. For this week's Discussion, please research and find an article relating to best practices that you find truly interesting. Find a company or situation that created a best practice that others follow, or find a best practice that was implemented and proved effective, efficient, and innovative. Answer the following questions relating to the article and your own experience with best practices: Please describe the background for the article you researched and explain why this particular best practice scenario appealed to you. What did you learn from the situation that you could apply to your own life? Best practices are for not only our professional lives, but our personal lives as well. Please describe a situation in your life that needed some type of improvement and, after observing someone else in a similar situation handle things differently, how you decided to implement your own best practice. Is this best practice still effective, or have you improved it?

Reference no: EM131375987

Questions Cloud

Determine the earnings statement for this company : For the initial computations you are asked to present an excel sheet up to 10 years. After 10 years you will have to make an assumption about permanent growth and discount with Cordon-Shapiro. Determine the Earnings Statement for this company. What..
Construct data tables for the exercise value : Construct data tables for the exercise value and Black-Scholes option value for this option, and graph this relationship.
Thinking about the theme of theory and practice : You have read about Eisenhardt’s discussion of how technology affects business decision making. The excerpt from Peters and Waterman identified some best practices for businesses which are implementing innovation. Thinking about the theme of ‘theory ..
Define each of the given terms : Define each of the following terms:- Annual report; balance sheet; income statement- Common stockholders' equity, or net worth; retained earnings.
Implemented and proved effective-efficient and innovative : The concept of best practices is simple: Do not recreate the wheel. For this week's Discussion, please research and find an article relating to best practices that you find truly interesting. Find a company or situation that created a best practice t..
What is the standard ceiling height in a residence : Why should refrigerant lines or condensate plumbing be installed in a chase or conduit if they are to be under a poured concrete slab?
Explain the concept of a continuum of sanctions : Compose an essay of that explains the concept of a continuum of sanctions as a means for administering treatment and/or punishment options for juvenile delinquents. Provide specific examples of different types of treatment and/or punishments and w..
What four statements are contained in most annual reports : If a "typical" firm reports $20 million of retained earnings on its balance sheet, could its directors declare a $20 million cash dividend without any qualms whatsoever?
How will the company be verifying receipts : List the elements that are typically used to manage supplier performance. How will the company be verifying receipts? What will the invoice process and contract closeout process be, and why is this important?

Reviews

Write a Review

 

Operation Management Questions & Answers

  Conduct an internal assessment using swot analysis

Evaluate the company's business strategy and global competitiveness plan. Conduct an internal assessment using SWOT analysis.

  Solve the problem to maximize profit

Formulate and solve the following problem to maximize profit: Our company sells two types of novelty items to local bookstores. Type 1 generates $3 profit for each unit sold and Type 2 generates $5 profit for each unit sold. If the labor hours availa..

  Role of social responsibility in entrepreneurship venture

Specify the role of social responsibility in an entrepreneurship venture. Discuss three to five benefits of social responsibility for the organization and for the community in terms of visibility, positive corporate image, recruitment tool, and the s..

  Compensation law to which turner construction appealed fair

In your judgment, and from an ethical point of view, should Turner Construction and/or B& C Steel pay for all or part of the $2,428,000? If they should pay only part, indicate which part. In your judgment, and from an ethical point of view, should El..

  Infinite-source and finite-source queuing models

A basic difference between infinite-source and finite-source queuing models is the:

  What is the total current value of investment

The Stillman School of Business is thinking about starting a Continuing Education Program in which students can earn a Certificate in Financial Planning. They expect that the upfront costs of the expansion will be $100,000. The cost of capital for th..

  Discuss the implications of producing product or service

Think of a new or revised product or service that you would like to see on the market. Discuss the implications of producing the product or service relative to legal, ethical, environmental, profitability, competitive, design, and production i..

  Bankruptcy reports are retained in credit bureaus

The discharge in a Chapter 7 does not affect _______ amongst other non-dischargeable debts. A) Alimony; B) Child Support; C) debts not disclosed in court; D) all of the above. Bankruptcy reports are retained in credit bureaus for _ years. A) 5 B) 7 C..

  Explain how or if the event affected your city or community

he emergence of the European Union, the Timothy McVeigh execution, natural disasters like hurricanes, floods or droughts). Also, explain how or if the event affected your city or community. Respond to at least 2 of your classmates' postings.

  Terms of creating work breakdown structure

How would you go about analyzing an organizational structure in terms of creating a work breakdown structure? What are the major organizational characteristics that you would evaluate? Provide an example to support your response.

  Evaluate different operations management principles

Evaluate different operations management principles and techniques that can make businesses more profitable today. Select one service company of your choice and discuss at least three operations management challenges the company is facing.

  What are their roles and priorities

Submit a paper discussing the following: Who are the critical stakeholders involved in this negotiation? What are their roles and priorities? Explain the role and position of each of the stakeholders and describe how their interests may differ dep..

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