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
Explain levels of Management by Management Skills. Management Skills needed successful manager, be categorized as given below: Technical skill refers to the pro

Which of the following changes will make the value of a stock go up, other things being held constant? Answer a. The required return decreases. b. The required return increases.

Based on the concept of globalization, many businesses operate and compete in a global environment. Describe the additional factors that affect/impact global supply chains.

Case Study: Social Media Policies, Concerted Activity and HR Management In the last few years, companies have begun initiating and implementing Social Media policies for their e

Linear Programming Concept paper. Submit a Linear Programming Concept Paper about the following: • The two types of linear programming discussed. • Five examples of LP applic

From my experience, companies need to factor in the competition and determine their market share. How might a company determine its potential market share?

What do you understand by “line balancing”? What happens if balance doesn’t exist?

Class, on the final exam you may be asked the difference between an entrepreneur and a "small business manager" (Hatten, 2009, p. 29) so let's practice with it here. What is the di

What are the issues of management does Google strategy 2010 needs to address? How could they be analysed and evaluated?

1. What do you see as the most interesting part of HR as a career field? 2. What do you think are the roles and function of an HR professional?