How strategy is translated into operational decisions

Assignment Help Operation Management
Reference no: EM133225174

 Assignment:

Business Essentials Simulation: Coffee Shop Inc.

You will play as individuals. No need to form a group for the simulation and HW 6.

It will take 30 minutes to complete one run of the simulation.

Play at least twice for the Level 1 and Level 2 of the simulation and answer the following questions.

In Levels 1 & 2, you can either try to improve your score in the same location or try a different location.

You can set up level 1 before you play the simulation. Once you complete two rounds of the level 1 of the simulation, you can change the level 1 to level 2. Then, play minimum twice for the level 2 of the simulation. Refer to the PPSs explaining the overview of the simulation play.

Questions

(1) Describe your overall strategies. Your strategy can fall into one of the following strategies.

a. low-cost

b. differentiation

c. best-cost

d. a blue ocean strategy

(2) Explain how your strategy is translated into operational decisions. For example, on the university campus a low-cost strategy may make more sense. Then, these strategies work through operational decisions, such as pricing, promotion expenditure.

(3) What actions could be taken to enhance employee satisfaction and customer satisfaction?

(4) How did results and feedback obtained during the game impact decisions in future years?

(5) Discuss briefly the results of your games for the level 1 & 2

Reference no: EM133225174

Questions Cloud

Discuss a strategic management capacity in a government : Discuss one "model for assessing the successful design and implementation of a strategic management capacity in a government jurisdiction.
What will be the role of technology in the future : What will be the role of technology in the future? Will technology continue to have a greater impact on society? Do you believe the impact is going to be benefi
What do we mean by the term opportunity cost : What do we mean by the term Opportunity Cost? Give one (1) of the Opportunity Costs associated with the very high expenditures on Personal Health Care Goods and
Grimm fairy tales resource : Locate a nursery rhyme or fairy tale on the Internet or via the Grimm's Fairy Tales resource that illustrates a case of child maltreatment, abuse, or neglect.
How strategy is translated into operational decisions : Explain how your strategy is translated into operational decisions. For example, on the university campus a low-cost strategy may make more sense.
Concepts of generalization and external validity : Briefly explain how replications relate to the concepts of generalization and external validity Note: Support the responses within your assignment with evidence
Description of the aspect of adulthood : Post a description of the aspect of adulthood you selected (parenting) Then, explain individuation in terms of that aspect. Include an explanation of the challe
Discuss something important learned about yourself : Discuss something important you learned about yourself and how you learned it through introspection or through self-perception.
Type of screening questions : Group topic, in addition to the need and purpose the group will serve (support, therapy, etc.)

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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