Differences between imitative-innovative business strategies

Assignment Help Operation Management
Reference no: EM131027364

What are the differences between imitative and innovative business strategies? What is more likely to be something a small business can pursue?

300 words..........

Reference no: EM131027364

Questions Cloud

Using linear programming methods : Using Linear Programming Methods, find out the number of experienced and new employees per month, so to have the min cost for the company
Standard deviation of the forecast error : The MAD for a forecast is 1000 units per year. If the lead time is one month, what will be the standard deviation of the forecast error for one month (assuming 12 months in a year). Please include at least two decimal places in your answer.
Observe within situational leadership theory : Describe possible gaps you observe within Situational Leadership Theory. What strategies or adjustments in your own behavior, thinking, or worldview might you consider or employ to bridge these gaps?
Quantify the resulting change in their inventory costs : Demand for an item is Normally distributed with a mean of 1,000 units a month and a standard deviation of 100 units. Currently they check stock every three months and lead time is constant at one month. They wish to maintain a 98% service level and t..
Differences between imitative-innovative business strategies : What are the differences between imitative and innovative business strategies? What is more likely to be something a small business can pursue?
Ow does culture industry make products to appear different : What is the argument being made about the differentiation between products by the Frankfurt School? How does the culture industry make products to appear different? Why? Why do H&A believe that these products are, in fact, not different at all?
Basic democratic procedures within unions : U.S. law mandates basic democratic procedures within unions including election provisions. Many national leaders are regularly re-elected while there is greater turnover of leaders at the local level. What explanation can you give for this?
Why is forecasting important in organizations : Why is forecasting important in organizations, especially as related to understanding the relevant time horizon to develop a forecast against? What are some examples from industry?
Pestel model to discuss the range of environmental forces : Use the PESTEL model to discuss the range of environmental forces likely to start in China as a result of this “two child” policy and also What will be the effect on the business market/opportunity?

Reviews

Write a Review

Operation Management Questions & Answers

  Define the maximum number of doughnuts

Describe what would be the capacity of the doughnut production operation that you are envisioning. In other words, describe what would define the maximum number of doughnuts that you could produce per hour.

  What is the productivity

What is the production (output per hour) for each alternative? What is the productivity (output per labor hour)? b. How long would it take to complete 1,000 projects with each alternative? What is the labor content (total number of labor hours) fo..

  Calculate the current multifactor productivity

Charles Lackey operates a bakery in Idaho Falls, Idaho. Currently, the bakery has 4 employees, each one working 160 hours per month. Because of its excellent product and excellent location, demand has increased by 30% in the last year.

  Risk management in enterprise architect

Risk Management in EA(enterprise architect) is of particular interest, typically because most risk can be unforeseen and measures to mitigate its implications is reactionary at best. Pick an enterprise that is operating today and categorize some of t..

  Suggest improvements for increasing the efficiency

Analyze the flow chart drawn above utilizing the basic question. Suggest improvements for increasing the efficiency or effectiveness of the above chosen function.

  Develop a WBS for a local stage play

Develop a WBS for a local stage play. Be sure to identify the deliverables and organizational units (people) responsible. How would you code your system? Give an example of the work packages in one of your cost accounts, Develop a corresponding OBS w..

  What are of special features of competing in foreign markets

What are some of the special features of competing in foreign markets?

  Creating abc classification system

Boreki Enterprise has the following 10 items in inventory. CEO Theodore Boreki asks you to divide these items into an ABC classification

  Face with the client is with the projects scope

One of the most common problems a Project Manager will face with the client is with the project's scope. It defines what will and will not be done. In essence, the project's scope defines the expectations of the client/customer and the expectations o..

  What are managerial challenges in implementing strategies

What are some managerial challenges in implementing strategies that are risky, innovative and novel (positioning and scouting options in terms of the portfolio)?

  Why sales revenues are down or not meeting goals

How can technology help in understand why sales revenues are down or not meeting goals? So, how do you improve sales by giving things away? Think about this - do free samples work? Besides sales, what are some other benefits that technology can offer..

  The risk event to the sponsor

The quality manager agreed not to immediately go to the CEO, giving you the opportunity to present the risk event to the sponsor and implement your action plan.

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