What are the main kinds of omm costs companies have

Assignment Help Microeconomics
Reference no: EM13768338

Many people take the way goods and services are provided to them for granted. They do not think about the nature of the operating system that produces the goods and services they receive. To improve your understanding of how OMM processes work, complete the following assignment.

  1. Choose three companies and observe how employees do their tasks. These can be three different fast-food restaurants or three entirely different types of companies, such as a fast-food restaurant, a department store, or the emergency room of a hospital.
  2. Think about the differences in the operations involved in the input, operations, and output stages of these companies. Try to identify the nature of their operating systems. Are employees organized in different ways? If so, why? If possible, talk to the managers and employees in these operations to further your analysis.
  3. What are the main kinds of OMM costs companies have? How does this affect their OMM operations?
  4. How do companies design their operating systems to give them a competitive advantage?

Reference no: EM13768338

Questions Cloud

What was gdp in one year : What was GDP in year 1 - what was GDP in year 2?
What is the standard deviation of this exponential distribut : The length of time between breakdowns of an essential piece of equipment is an important factor in deciding on the amount of auxiliary equipment needed to assure continuous service. A machine room foreman believes the time between breakdowns of a par..
Universities-college improvement and triggered attacks : How can universities and colleges improve their understanding of what leads an offender to target random individuals during a violent crime? What pre-incident behaviors were directed toward the targets?
Impacts of the industrial revolution : Explain the effect of the environmental movement on the process of industrialization in the United States during the 1970s.
What are the main kinds of omm costs companies have : What are the main kinds of OMM costs companies have? How does this affect their OMM operations and how do companies design their operating systems to give them a competitive advantage?
Function of financial intermediaries : At its most basic level, the function of financial intermediaries is to ________.
How many employees are supervised at one time : In a minimum 200 word response explain some of the reasons why, in the context of span of control, it is more beneficial to limit the number of officers reporting to one supervisor. What factors can affect how many employees are supervised at one ..
What is the desired outcome or action for each audience : Who are the most important target audiences for each brand, internally and externally and what is the desired outcome or action for each audience?
Compare and contrast the approach to management : Determine what other management differences have impacted the relative success of Kodak and Fujifilm. Provide specific examples to support your response.

Reviews

Write a Review

Microeconomics Questions & Answers

  Consider a simplified version of the data described

Consider a simplified version of the data described above. Shelly decided study economics and now is about to choose the school. She has narrowed her options to two alternatives. She can either go to Purdue or the University of Chicago. Shelly lives ..

  Summary of the case study - mcdonalds case study

Write a summary of the case study. In your summary, be sure to discuss the external environment in which McDonald's operates and how the environment influences its strategy.

  How much money can be withdrawn every year forever beginning

If an investor deposits $1000 now, $3000 three years from now, and $600 per year for 5 years starting 4 years from now, how much money can be withdrawn every year forever beginning 12 years from now, if the rate of return on the investment is 8%.

  The greater the level of excess reserves

If depositors withdraw their funds and create a shortage of reserves, bankers. true or false The greater the level of excess reserves, the lower the Federal Funds rate will be.

  The economic staff of the us department of the treasury has

the economic staff of the u.s. department of the treasury has been asked to recommend a new tax policy concerning the

  What interest rate would this be a fair deal

Curly's Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $33,000 per year forever.

  What is diminishing marginal productivity

What is Diminishing Marginal Productivity and how does it affect costs. Give examples seen in the real world.

  Which set of people will the overall expense of a movie

A theater that shows the same movie to large families and to individuals and couples. (Hint: For which set of people will the overall expense of a movie be a larger part of their budget, so that demand is more elastic)

  If wilson company spends 200000 on advertising find the

the wilson companys marketing manager has determined that the price elasticity of demand for its product equals -2.2.

  Distinguish between collusive and non-collusive oligopoly

Distinguish between collusive and non-collusive oligopoly. Explain the following features of oligopoly.

  Computing output at shut down point

At a price of $24, should a perfectly competitive firm operate or shut down in a the short run if its TC is given as:

  Economic concepts in course affect strategic planning

Select a firm whose stock is publicly traded on a U.S. stock exchange. What strategic changes has this firm made over the past 18 months to respond to changing macroeconomic conditions?

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