The importance of understanding the external environment

Assignment Help Operation Management
Reference no: EM131142829

Given the importance of understanding the external environment, why do some firms fail to do so? Give an example of a firm that did not understand its external environment. What were the implications of the firm’s failure to understand that environment?

Reference no: EM131142829

Questions Cloud

Assignment is to clearly articulate the specific strategies : The purpose of this assignment is to clearly articulate the specific strategies and methods that will be utilized to manage the organizational changes associated with implementing the stratigie of delivering mail faster in the USPS. SUCH AS GETTING T..
Expected monetary value as your decision criterion : Jason is considering building a restaurant near the campus. One set of business plans he is considering involves inclusion of a bar for beer sales; the other plan would not provide for beer sales. Select the alternative for Julie, using the expected ..
We will address a common topic in aircraft maintenance : In this discussion, we will address a common topic in aircraft maintenance: cannibalization. In your own definition, what is the purpose of parts robbing or cannibalization in aircraft maintenance? What are the pros and cons and cannibalization and d..
How can a seemingly valuable behavior : In a paragraph How can a seemingly valuable behavior evolve in one species but not in another? For example, primates can vomit but rodents cannot. Mention genes and natural selection in your answer.
The importance of understanding the external environment : Given the importance of understanding the external environment, why do some firms fail to do so? Give an example of a firm that did not understand its external environment. What were the implications of the firm’s failure to understand that environme..
Evelopment firm sues the engineer and architecture firm : Assume a land development company hired an engineer and architecture firm to conduct a feasibility study on a potential land purchase. The report indicated that the land was suitable for development. Later, zoning requests are denied and the land dev..
What were the major internal factors that lead to its demise : Target Corporation has left Canada now as a result of its misfortunes. What were the major internal factors that lead to its demise?
Pmlc model could be either adaptive or extreme : If your choice of PMLC model could be either Adaptive or Extreme, which would you choose and why? Are there any conditions that would clearly suggest one model over the other? State your rationale.
What are the advantages of vertical integration : What are the two types of specialized resources that provide an organization with core competences? Explain with an example. What are the advantages of vertical integration?

Reviews

Write a Review

Operation Management Questions & Answers

  Why might a company want to reposition its products

Why might a company want to reposition its products?

  Micro-industry environment and macro-general environment

Please discuss the (1) Micro/Industry Environment, (2) Macro/General Environment, and (3) any other specific environments that exist in/outside organizations.

  Explain how would information be used within ford motor

Explain how would information be used within ford motor business. Illustrate what major problems would you anticipate need solving prior to implementing system.

  Assume that producer is facing one-shot production cycle

For a new Bond movie which is going to be released soon (i.e., is there ever a time that a new Bond movie is not about to be released?), a producer of stylish watches has received the exclusive rights to sell a Bond-branded watch. Assume that the pro..

  Determining the idea of visual scheduling

One of the hardest things for schedulers to accept is the idea of visual scheduling, which is commonly referred to as Kanban scheduling. All of the schedulers earned degrees or have extensive experience in operations management and are used to termin..

  Determine the minimum and maximum cycle times

An assembly line with 11 tasks is to be balanced. The longest task is 2.7 minutes, the shortest task is 0.4 minutes, and the sum of the task times is 18 minutes.

  Organizations often discuss the concept of diversity

Organizations often discuss the concept of diversity, however it many instances, these organizations simply hire a more diverse workforce. Based on this week’s readings and your own professional experience, what is the difference between hiring for d..

  Major components of a human resources plan

Part of project implementation or execution is having a human resources plan. What are the major components of a human resources plan?

  Integrationist view of managing conflict

Which of the following statements relates to the integrationist view of managing conflict?

  Required stock level at the beginning of the week

The weekly demand of a certain consumable item XYZ at NAS North Island follows Poisson distribution with a mean of 5. The demand at NAS Miramar follows the same distribution with the mean of 6. What is the required stock level at the beginning of the..

  Synthesize the criteria and conduct a consistency check

Compute an overall priority ranking for each, and declare a winner and synthesize the criteria and conduct a consistency check.

  Discussion-competitiveness and inventory management

To be competitive, many fast-food chains expanded their menus to include a wider range of foods. Although contributing to competitiveness, this has added to the complexity of operations, including inventory management.

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