Identify how changes in the external environment

Assignment Help Operation Management
Reference no: EM13222693

Identify how changes in the external environment may affect the OM strategy for a company. For example, what impact are the following factors likely to have on OM strategy?
a. The occurrence of a major storm or hurricane.
b. Terrorist attacks of 9/11/01.
c. The much discussed decrease in the quality of American primary and secondary school systems.
d. Trade Legislation such as WTO and NAFTA and changes in tariffs and quotas.
e. The rapid rate at which the cost of health insurance is increasing.
f. The Internet.

Reference no: EM13222693

Questions Cloud

Explain how many grams of the two products do produce : solution of H3PO4 and you want to completely react it with KOH. How many ml of a .462 M KOH solution do you need to accomplish this? How many grams of the two products do you produce?
How to maximize long-term profits : Do you agree or disagree with the director's approach and resort's objective is to maximize long-term profits by attracting repeat and new customers. Should they price their services separately or bundle them? Why? Besides prices, what other factor..
What are these three strategies : Operations managers are called upon to support the organization's strategy. OM does this with some combination of one of three strategies. What are these three strategies?
Why nations of low living standards face problem of scarcity : Explain why both nations with high living standards and nations with low living standards face the problem of scarcity. If you won $1 million in a lottery, would you escape the scarcity problem
Identify how changes in the external environment : Identify how changes in the external environment may affect the OM strategy for a company. For example, what impact are the following factors likely to have on OM strategy?
Explain what weight of solid pbcl2 is formed : What weight of solid PbCl2 is formed when 225ml of a .2424M solution of sodium chloride is mixed with 225 ml of a .4242 M solution Pb(NO3)2
What is the one advice you would give a company : What is the ONE advice you would give a company or executive before venturing overseas for FDI?
Determine the expected number of nonconforming units : Determine the expected number of nonconforming units that will result from a production run of 20,000 units. Assume that all previously stated conditions regarding the process remain as described during the production run of 20,000, what conclusio..
Define how much heat is absorbed in the complete reaction : How much heat is absorbed in the complete reaction of 3.00 grams of SiO2 with excess carbon in the reaction below? DH0 for the reaction is +624.6 kJ.

Reviews

Write a Review

Operation Management Questions & Answers

  Risks & rewards of changing current supplier to new supplier

What are the risks and rewards of changing from a current supplier to a new supplier ? How can you balance these risks and rewards?

  What is your personal entrepreneurial strategy

What is your personal entrepreneurial strategy? How should it change?

  Indirect method of contacting employers for an interview

while making a telephone request for an interview if you sense that it is not a good time to talk with the person whom you have called, you should, which communication form or feature has the most effect during your interview

  A local fast-food restaurant processes several customer

A local fast-food restaurant processes several customer orders at once. Services clerks cross paths, sometimes nearly colliding, while they trace different paths to fill customer orders

  Describe your most memorable experience with a salesperson

describe your most memorable experience with a salesperson that was positive and made you feel comfortable.

  Calculate the upper and lower control limits

Mike is preparting the x-bar chart and the R chart for Uncle Ben's 2lb. box rice packaging line. Using the standard sample size of 9 items. Mike found the average range is .02 lbs and the overal process average is 1.98 lbs.

  Establishing raport and effective communication with team

New software has been purchased to reduce time in calculating customers accounts. Establishing raport and effective communication with team members is primary importance to make this situation successful

  Illustrate how international economy affects your planning

Illustrate how international economy affects your planning or operating decisions for good or service.

  Illustrate what is probability which both are defective

Compute forecast for 11th month using Exponential Smoothing Method in case smoothing component, α=0.20. illustrate what is probability which both are defective.

  List and discuss the elements of strategic management

List and discuss the elements of Strategic Management according your textbook and the Strategic Management Model handout in doc sharing (1) Name the element. Define it. (2) List and explain why each element is essential for short term success and..

  Discuss three issues that can deter high performance

Discuss three issues that can deter high performance when outsourcing a project.

  Discuss categories of swot elements of information

List at least FIVE sources you will use to obtain information about the firm's strengths, weaknesses, opportunities, and threats. Discuss what categories of the SWOT elements of information are readily available on the Internet.

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