The goal of the firm is to make money

Assignment Help Operation Management
Reference no: EM131143587

Dr. Eli Goldratt states that "THE GOAL OF THE FIRM IS TO MAKE MONEY". Do you agree or disagree with this statement? Support your position with at least two examples of companies that may or may not follow this statement.

Reference no: EM131143587

Questions Cloud

What is the beta of the following portfolio : What is the beta of the following portfolio?
Most projects overrun their budget : Discuss from your experience some of the most important components of good project management practices. What is your view on the statement “Most projects overrun their budget?” Give specific examples from your current or past jobs.
How does the design meet the high availability requirement : How does the design meet the high availability requirement? Analyze the existing security situation in the organization. Identify the predominant electronic and physical threats to communications networks.
How such efforts would be consistent with jits push : The just-in-time (JIT) movement has long argued that firms should - Maximize their process flexibility so that ordering costs are minimal.
The goal of the firm is to make money : Dr. Eli Goldratt states that "THE GOAL OF THE FIRM IS TO MAKE MONEY". Do you agree or disagree with this statement? Support your position with at least two examples of companies that may or may not follow this statement.
What is the nominal distance in miles between the following : SE corner of Sec. 14, T 6 S, R 5 E, Indian PM, and the NW corner of Sec. 23, T 6 S, R 3 E, Indian PM.
Analyze what lessons you might learn from the geek squad : Explain what the specific key environmental forces are that created an opportunity for your company. Identify if there have been changes in the purchasing patterns of your organization's target market in recent years.
Just-in-time or lean manufacturing as practiced : Since the early 1980's we in the United States have been hearing about, and most have adopted, Just-In-Time or Lean Manufacturing as practiced by the Japanese. Is it really "just-in-time" if you the consumer can buy any color Toyota right from the de..
Inspecting quality into a product : What is meant by the term "Inspecting Quality into a Product"? If you can't inspect quality into a product, how do you get Quality into a product? Consider some of your recent purchases and explain why you bought "that" brand or "that" product. Does ..

Reviews

Write a Review

Operation Management Questions & Answers

  What did wal-mart learn from its experiences in mexico

What did Wal-Mart learn from its experiences in Mexico? How, if at all, did Wal-Mart apply those lessons to its expansion in Europe and China?

  Functions are used in the context of internal analysis

Identify the five basic functions of management, and describe each function. Briefly describe how such functions are used in the context of internal analysis. Your response should be at least 150 words in length. You may use only your textbook as sou..

  Reputation after the bp gulf of mexico oil spill

Assume the role of Tony Hayward's successor as CEO of BP. What steps would you take to address the crisis and rebuild BP's reputation after the BP Gulf of Mexico oil spill?

  Threat level of rivalry and substitutes is low

Overall, the average level of performance in an industry is likely to be highest when the threat level of rivalry and substitutes is low, but the threat level of suppliers, buyers and new entrants is high. Do you agree or disagree with the previous s..

  What are the different performance appraisal methods

What are the different performance appraisal methods? providing fair and reliable ways of differentiating employees. targeting and rewarding those who most deserve it

  Analyzing problem through factor rating method

Daniel Tracy, owner of Martin Manufacturing, must expand by building a new factory. The search for a location for this factory has been narrowed to four sites: A, B, C or D.

  Constitutes the major motif of the social history

It has been written, “The attempt of persons to understand the forces remaking their world and, by organization, to control them, constitutes the major motif of the social history of the late 19th century.” Describe how this statement applies to work..

  Producer of expensive-high-tech computer components

Assume that you are the supply chain manager for a producer of expensive, high-tech computer components. Identify the most suitable method(s) of transporting your product in terms of cost, transit time, reliability, capability, accessibility, and tra..

  Exchange relationship marketing strategies

Your research paper must adhere to the style and format requirements set forth in the Publication Manual of the American Psychological Association.

  Future reform of the health care system

what you think should be included in a future reform of the health care system, focusing on financial operating changes that would improve efficiency and provide for improved transparency to the public. Include three to five research/references to su..

  What are the three commonly used strategies

What are the three commonly used strategies or approaches for implementing changes in an organization? Give an advantage and/or disadvantage for each type of approach.

  Demand strategy to level-capacity strategy

This question belong to operation management. Your immediate supervisor, Rhonda Waters, has raised the possibility of switching from a chase demand strategy to a level-capacity strategy for aggregate planning and wants your opinion on the merits of o..

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