How can product and/or process innovation be good for operations management? Can it be bad for operations management? If so, how?
Q: Briefly explain the steps of Lewin's change model in operations
A: Kurt Lewin, a German-American social psychologist in the early twentieth century, was a pioneer in…
Q: In your own words, describe the concept of a value chain and give an example of the benefits that…
A: Business firms want to achieve the objectives of increasing sales and profits. For these objectives…
Q: Give brief information about what kind of decisions will be taken in operation management?
A: IN OPERATING MANAGEMENT, A DECISION WAS MADE.Decision-making is the process of choosing the best…
Q: description
A: The related concepts that focus on the Economy, efficiency, and effectiveness are the related…
Q: ow do I improve, and get better at Operations Managemen
A: Operational management is concerned with those processes which convert the inputs into outputs. The…
Q: Is operations management relevant to nonbusiness organizations such as colleges and hospitals? Why…
A: Operations management refers to the process of managing the activities that take place while doing…
Q: Describe the decision-making view and the operational view as a mechanism. Why are these opinions…
A: The decision-making considers the significant decision areas of the cycle(process), quality,…
Q: Explain product life cycle in detail. As the product move from one phase of life cycle to another…
A: A product life cycle refers to the time taken for a product to go from the stage of introduction…
Q: How vital are the 4Ms of Operations in business? B. How can you apply the 4Ms in planning a business…
A: Money, material, machine, and manpower are the Four Ms; the customary structure for survey the…
Q: 1. What type of manager is T. K. Kurien? How would you characterize his leadership style? 2. As per…
A: Below is the solution:-
Q: What are the basic elements of the S&OP process? How do marketing, logisitics, finance, and…
A: The basic elements of S&OP are run sales forecast reports, demand planning phase (marketing and…
Q: Describe the 4 Vs of Operations management with the help of examples.
A: Every organization works their operations in the similar way with the help of 4 Vs of operations…
Q: The process of identifying other organizations that are bestat some facet of your operations and…
A: Operation Management is nothing but the approach of governing business practices aimed at making…
Q: To begin with, why is it crucial for young professionals, such as students, interns, and company…
A: Operations management can be defined as a systematic approach of addressing issues in transformation…
Q: Explain the Benefits of using the customer as a leader of operations?
A: The activity of planning, controlling, and supervising manufacturing and production processes and…
Q: Why certain kinds of firm stress particular area of operations management explain briefly
A: Different sorts of businesses exist in a business context; some are for-profit enterprises, while…
Q: Describe the 4 Vs of Operations management with the help of examples.
A: Business activities can most effectively be portrayed as the focal point of an association where…
Q: What are the practical consequences of a lack of strategic linkage between the business and the…
A: The consequences of a lack of a strategic linkage between business operations and supply chain have…
Q: How the operations research make the overall structure of the problem more comprehensible? Note:…
A: Operations research: In organizational management, operations research is an analytical way of…
Q: What are three logical components of a business process? Define thefunctions of each. How do the…
A: A business process can be defined as the accumulation of several linked tasks that help in…
Q: the operations section of the business plan
A: A business plan is a document that defines business objectives and a strategy for a business to…
Q: Being an operations manager how would you set performance objectives for your organization? You can…
A: Operation manager is the one who manages the operations of every organization, Who is responsible…
Q: Explain the five transitions that had disruptive effects in the business environment in operation…
A: The following are the five changes that had a disruptive effect:
Q: terns, and entrepreneurs to have a practical understanding of operations management from an early…
A: All aspects of the manufacturing process are overseen by operations management to guarantee optimal…
Q: What is an organization's core technology?
A: The core technology is described as the technologies of the main company and the subsidiaries of a…
Q: Describe the information needs to maintain and manage a proper level of business innovation in…
A: Nowadays, innovation is critical to business growth. Thus, innovation management is crucial to an…
Q: An effectively formulated operation strategy is critical to the success of a business, agree or…
A: An operations strategy is a set of judgments an organization makes about the production and delivery…
Q: Discuss some contrasting views about the issue of lacking new ideas in the corporate sector, and…
A: Contrasting views explains about the deviations or malfunctions caused because of some unknown…
Q: Briefly describe any four (4) mechanisms that can be implemented at the system or policy and process…
A: Strategy These refer to the organization's policies and procedures that have been determined to…
Q: Some people tend to use the terms effectiveness and efficiency interchangeably, though we’ve seen…
A: Design capacity is the maximum output rate or service capacity an operation, process or facility is…
Q: An analysis of the way in which organisational strategy should be linked to products, services,…
A: In every organization, there are many activities and industrial processes that are being done. There…
Q: usiness processes and operations through the use of the internet, intranets, and extranets? Give a…
A: Information technology is the creation, processing, storage, security, and sharing of all types of…
Q: Operations Management Which analysis tools can you use to draw insights on opportunities and…
A: Strategic Analysis tools are generally used in many companies for strategic decision-making. It is,…
Q: What is re-engineering a System or business process all about?
A: The re-engineering of business process refers re-designing the core process of business with an…
Q: When developing new products or processes, what issues should you be looking out for?
A: For many companies, products or processed development is a large and hazardous investment. A lot of…
Q: What is the impact of an equitable benefits program on the competitive advantage of an organization
A: The impact of equitable benefits program will be positive, mainly on the high quality of service…
Q: relate these concepts, why is it important in a company? -core competency -above-average yields…
A: Organizational competencies can be defined as the competencies which are required in an organization…
Q: discuss the value chain of which you are part. what is the purpose of the value chain? what is your…
A: A firm's value chain forms a neighborhood of a bigger stream of activities, which Porter calls a…
Q: Explain who can process technologies be evaluated in operations management
A: Process technology strategy refers to the process of making decisions that can form and evolve the…
Q: Write the answer minimum 150 to words Within your organization (or school), describe the…
A: So we can say that where organic organizations look a lot like boundaryless organizations. It is…
Q: Why should Operations Management be taught in course curriculum of BBA? What is OM all about? Why is…
A: It is a course which is used to design to provide knowledge to the business professionals about the…
Q: Tell us why aligning product needs with manufacturing processes is so important?
A: The process of recognizing and addressing the customers' basic needs by speaking to them about the…
How can product and/or process innovation be good for operations management? Can it be bad for operations management? If so, how?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Given the ever-evolving business landscape, how can managers effectively balance the need for innovation and adaptation with the stability and consistency required for efficient operations?Please read the article and answer the following questions. In a news release by the Royal Institution of Chartered Surveyors, research is conducted on the opinion of innovation being implemented in business processes and how new and "fresh" thinking is judged as being important. The survey includes their perception of innovation and four key points in analyzing process innovation. What do the results of this survey suggest about general perceptions of the strategic process of managing technology and innovation?Using a company or an organization you are familiar with (Walt Disney CO.), map their various business processes onto a value chain. Use tools to identify an organization’s current and future strategic position Understand how the interaction between information, technology, and people affect organizations and their performance
- What is more important for a firm–profit maximization or value maximization? What issues or conflict of interest can come up between owners and managers and how can they be solved?ECommerce applications can provide near real-time data on online sales. What impact can such immediate data make?What are the four attributes that seem to affect overall competitiveness and innovation?
- Do we expect to see the demise of the in-house systems analyst as more businesses choose to outsource their system development? Or not?How can organizations align their long-term strategic goals with short-term operational plans to ensure consistency and effective implementation?See if you can identify the value chain relationships that make the businesses of the following companies related in competitively relevant ways. In particular, you should consider whether there are cross-business opportunities for (a) transferring competitively valuable resources, expertise, technological know-how, and other capabilities, (b) cost sharing where value chain activities can be combined, and/or (c) leveraging use of a well-respected brand name. LO8-1, LO8-2, LO8-3, LO8-4 Bloomin’ Brands Outback Steakhouse Carrabba’s Italian Grill Bonefish Grill (market-fresh fine seafood) Fleming’s Prime Steakhouse & Wine Bar L’Oréal Maybelline, Lancôme, Helena Rubinstein, Kiehl’s, Garner, and Shu Uemura cosmetics L’Oréal and Soft Sheen/Carson hair care products Redken, Matrix, L’Oréal Professional, and Kerastase Paris professional hair care and skin care products Ralph Lauren and Giorgio Armani fragrances Biotherm skin care products La Roche–Posay and Vichy Laboratories…
- Should some functions of business be more committed to innovating new service and product offerings than others? Why? or Why not?Briefly describe any four (4) mechanisms that can be implemented at the system or policy and process level to support innovative practices, in about 100 words.What is the importance of sustainability and environmental considerations in the business environment, and how can organizations integrate sustainable practices into their operations?