Concept of a productivity boundary and operating efficiency, Operation Management

Assignment Help:

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.


Related Discussions:- Concept of a productivity boundary and operating efficiency

Explain and identify the appropriate tools and techniques, Identify and dis...

Identify and discuss the four basic phases of the Phased Project Planning process. Explain how you will apply the innovative process to change your selected organization. Ide

Forecasting adn Time Series Anlaysis, To answer Question 1: Use the forecas...

To answer Question 1: Use the forecasting module that you opened in the POM-QM for Windows software to solve the Southwestern University case study at the end of Chapter 4 of the H

Explain why do firms segment consumer markets, Why do firms segment consume...

Why do firms segment consumer markets? Enumerate the major segmentation variables and provide real-life examples of segmentation done by firms for their products/services.

Discuss the validity of losing control of fulfilment, Discuss the validity ...

Discuss the validity of the following statement: "Using third-party fulfilment means losing control of fulfilment

Explain what are the most important criteria, In selecting outside advisors...

In selecting outside advisors, a board, consultants, and the like, what are the most important criteria?

Describe several advantages of linear programming, Discuss several advantag...

Discuss several advantages of linear programming; clearly explain the reasons for your choices.

Explain what type of culture is desired, What type of culture is desired by...

What type of culture is desired by Mr. Good¬ night to meet his goals? Discuss.

Define the key planning factors for competitive success, What are the key p...

What are the key planning factors for competitive success? Provide an example of an organization that has achieved competitive success through planning. Provide an example of an or

Explain a global corporation, A global corporation sees the world as its la...

A global corporation sees the world as its labor source as well as its marketplace. Therefore, a global corporation will locate an operation wherever it can accomplish its goals in

Explain what are personality traits, 1. What are personality traits? Define...

1. What are personality traits? Define and discuss the Big Five personality traits. Define and discuss other personality traits that affect managerial behaviour. 2. Explain Rike

Write Your Message!

Captcha
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