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Productivity is measured by the ratio of outputs to inputs. Some organizations use a partial measure of productivity to measure actual operations, such as a restaurant using number of customer meals per labor hour.
Assume that you are the operations manager of a local restaurant. You currently measure the following data:
Labor hours
Raw materials
Customer meals
Capital investments
Based on the above information, how would you measure productivity at the restaurant? Be sure to include single-factor and multifactor measures. What are some simple ways you would use to improve productivity? As an operations manager, why is productivity important to you?
DT International (DT) intends to purchase equipment. To get the best price, DT asked for bids from vendors. Analysis shows that each equipment from the vendors is similar and has estimated useful life of 20 years.
Kaplan and Norton suggest methods for implementing strategies devoid of disrupting organizations. What risks does your organization face with respect to your regions of responsibility?
Why has World Vision been so successful? How did it grow so fast and so effectively?
Mercantilism is a bankrupt theory and has no place in the modern world. Do you agree or disagree? Defend your position.
You are an independent consultant, and you have been approached by a company called Gerusa. Gerusa is a company of former Soviet scientists who have developed a method of killing cancer cells with light in a process called Photodynamic Therapy (PDT).
Consider this scenario: Talkaphone, Inc. discovered that teenagers preferred text messaging and that senior citizens preferred cell phones that could take pictures.
Discuss the role of the strategic management process in determining overall enterprise performance?
A critical assessment of the competition and the competitive environment (remote and operating environments).
Identify, map, and describe the strategic drivers for Housing Building Industry, commencing with the national economy and ending with the market segment customers
an you describe the economic impact of the change of Tesla Motors since it's perception in 2003.
Summarize the importance of the purchasing functions and how they can contribute to the profitability of a firm.
Please explain how you came up with your answer and what tools or calculations did you use? If you had to take multiple steps to get the solution please explain each step:
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