Globaledge databases of industry performance

Assignment Help Operation Management
Reference no: EM131027441

Using information from the ABI Inform and GlobalEdge Databases of Industry Performance, select data on the following subset of industries:

automobile

healthcare

financial services

consumer goods

telecoms and technology

Based on the data you find, discuss your views on the following questions.

1. What kinds of industries tend to be better performers in the medium to long term? Why? What kinds of industries tend to do poorly in the medium to long term? Why? Refer to the readings to support your views.

2. Can you make the claim that some industries are inherently more profitable than others? Provide arguments and examples to justify your response. 

3. Which industry would you recommend for your team's strategy project? Justify your recommendation.

Reference no: EM131027441

Questions Cloud

Production planning-product selection : A petrochemical factory produces 3 products (P1, P2, P3), and it sells them at the prices of table 1. The factory can only get a 5,000 units of benzene (at $0.5 per unit), 20,000 units of toluene (at $1), 20,000 units of xylene (at $0.7) and 10,000 u..
Estimated to be greater than this breakeven point : Durable Manufacturing Company wants to introduce a new product. The company estimates that the variable costs would be $8 and the fixed costs would be $70,000. IF the selling price is $20, what is the break-even point? If demand is estimated to be gr..
Performance results remained the same expects : Consider the perfect order calculation for Bartley Company. Recalculate the percentage of perfect orders if all performance results remained the same expects: a. 25,000 are delivered late, and total failures are now spread across 85,000 orders.
Measure the effectiveness of the process : From your personal experience and background pick 1 processes, topics, or functions that are from your own job and tell me your thoughts on how you would test or sample those choices over a period of time. The idea here is to measure the effectivenes..
Globaledge databases of industry performance : Using information from the ABI Inform and GlobalEdge Databases of Industry Performance, select data on the following subset of industries: What kinds of industries tend to be better performers in the medium to long term? Why? What kinds of industries..
Discuss the purpose of the control communications process : Discuss the purpose of status review meetings, who should conduct them, and some of the procedures you should implement. Discuss how you’ve used status review meetings in the past and whether they were efficient and well attended. What are some thing..
Regarding communication skills in brief : Describe the elements of communication and what senders and receivers are responsible for. Name the forms of communication and the advantages of each. Describe a communication network and the formula for calculating the lines of communication.
Sells radio frequency inventory tags : National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Sales (000)Units Feb. 16 Mar. 17 Apr. 11 May. 26 Jun. 20 Jul. 20 Aug. 29 b. Exponential smoothing with a smoothing constant equal..
Accounting and book­keeping programs-blank business forms : Creative Solutions Corporation (CSC) sells business application software—accounting and book­keeping programs, blank business forms, inventory control functions, and the like—in different combinations, in different packages, at different prices, down..

Reviews

Write a Review

Operation Management Questions & Answers

  Which methods are considered better first-choice methods

describe crashing, fast tracking, and scope reduction as means of schedule compression. When would each be appropriate? Which methods are considered better first-choice methods by most project sponsors?

  Solve this model by using graphical analysis

a. Formulate a linear programming model for this problem.

  Three approaches to aggregate planning

Joy Manufacturing is considering three approaches to aggregate planning: level production strategy, chase strategy, and constrained chase strategy.  The level production volume is set at 4000 units per month.  The chase strategy will involve matching..

  What is the process capability index for vaxidene

What is the process capability index for Vaxidene? Is the acceptable? Explain. What standard deviation is necessary for a process capability index value of 2?

  Is lynn a risk seeker or a risk avoider

(a) Which route will minimize Lynn's expected travel time? (b) Which route will maximize Lynn's utility? (c) When it comes to travel time, is Lynn a risk seeker or a risk avoider?

  A business organization intends to develop a new e-commerce

A business organization intends to develop a new e-commerce Web site to enable its customers to make online purchases of computers in a quicker and more efficient manner

  Enduring influence of latent values on day-to-day behavior

With three Michelin stars to his name, Master Hachiro Mizutani is one of the world’s finest sushi chefs. He is as confident of the future of Japanese cuisine as he is at manipulating the succulent morsels of mackerel, flounder and tuna perched on bed..

  Top-down cost estimating technique

What is the difference between Top-down cost estimating technique and Bottom-up estimating technique? Which one of them is time-intensive and expensive to develop?

  Become more efficient and build better supplier relations

In an effort to become more efficient and build better supplier relations, your manager, Jane Furman, has examined the company’s current practice of using eight different suppliers for eight different items and considered switching to a single suppli..

  Experimental drugs in foreign countries acting ethically

In recent years, it has become an increasingly popular practice for drug companies to perform their clinical testing of new drugs in foreign countries that might not have the consumer protections or product liability laws present in the United States..

  How many units of product x must be sold in order to

a company sells two products - x and y. product x is sold at a price of 50 and has a variable cost of 25. product y

  Patient with known hepatitis

Patient with known Hepatitis B seen in the clinic complaining of joint pain, loss of appetite, nausea and vomiting, and weakness and fatigue. He is admitted to the hospital for severe dehydration.

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