Concept of a productivity boundary and operating efficiency, Operation Management

1. Porter (1996) attempts to resolve the issue of Skinner's quandary with trade-offs by introducing the concept of a productivity boundary and operating efficiencies. Explain where Porter suggests trade-offs still exist and where a simultaneous movement on multiple criteria will apply.

Answer: Porter suggests that the experiences of a firm are determined by its relative position to the productivity frontier shown in the figure on page 61. Porter makes two other observations regarding the productivity frontier. He argues that as companies approach the frontier they are more liable to experience trade-offs and on the frontier only trade-offs. He also contends that the frontier is a moving target which is shifted outwards by new innovations and management approaches.

Posted Date: 3/18/2013 5:43:40 AM | Location : United States

Related Discussions:- Concept of a productivity boundary and operating efficiency, Assignment Help, Ask Question on Concept of a productivity boundary and operating efficiency, Get Answer, Expert's Help, Concept of a productivity boundary and operating efficiency Discussions

Write discussion on Concept of a productivity boundary and operating efficiency
Your posts are moderated
Related Questions
So of the things Ms. Mayer (Yahoo CEO) hoped to accomplish, what has she actually accomplished? What has it done to drive stock prices and the user experience? In short, what has s

1. Why do companies that advertise their CSR policies so often face serious controversies anyway 2. Identify an area in which Apple is regarded as responsible to a stakeholder

Detail the five measures that unions have taken in the collective bargaining process to introduce provisions that would protect employees displaced or laid off due to technology ch

What is the agency problem? What steps can be taken to solve it? Why is it important for managers and organizations to behave ethically?

1. As management theory has evolved, contemporary theorists emphasize two approaches: the "systems approach," and the "contingency approach." Explain each. 2. Regarding ethics a

Explain accounting. Accounting: It is an art of classifying and recording data. Now there data refers to transactions having monetary or financial values. As per to this, acc

Explain in brief the meaning, Steps involved in linear programming problem formulation with and example

A project manager desires a work breakdown structure that goes through 6 levels of detail. Level 3 through level 6 would most likely be prepared by: Answer Project sponsor

Process Capability - Statistical Process Control The controls charts described so far are concerned with maintaining the stability of a process, but they offer no comment on

Which of the nine knowledge areas defined in the Project Management Body of Knowledge includes the activities of generating, collecting, distributing, storing, retrieving and dispo