Company B is a machine tool maker company which was thriving enterprise by 1965 and its annual sale was $8 million. The company was sold to company HI and many of the machine-tool and auto factories were dormant and industries at country U weren’t self-sustainable on their own. Person H used the fall of company B to analyze key economic and trade policy. The investment funds of company B were chocked. Tool makers in country U was highly affected by the cartel led by government of country J. Person H provides numerous ammunition for immediate cash generation. Company B tries to push its produces very fast and it shipped defective machineries and made false promise about the design which the engineering haven’t designed. But most of the claims lie on the governmental policies which didn’t support the industry growth. To determine: The external and internal reasons for demise of company B and explain the role of operation management in the demise of company B.

Question

Want to see the full answer?

Answer 1

Question

Chapter 2, Problem 1.1CQ

Summary Introduction

Introduction:

Company B is a machine tool maker company which was thriving enterprise by 1965 and its annual sale was $8 million. The company was sold to company HI and many of the machine-tool and auto factories were dormant and industries at country U weren’t self-sustainable on their own. Person H used the fall of company B to analyze key economic and trade policy.

The investment funds of company B were chocked. Tool makers in country U was highly affected by the cartel led by government of country J. Person H provides numerous ammunition for immediate cash generation. Company B tries to push its produces very fast and it shipped defective machineries and made false promise about the design which the engineering haven’t designed. But most of the claims lie on the governmental policies which didn’t support the industry growth.

To determine: The external and internal reasons for demise of company B and explain the role of operation management in the demise of company B.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Consonance to Porters Five Forces of Model, what factors in today's business operation would you think affects the following? 1. Bargaining Power of Buyer 2. Bargaining Power of Supplier 3. Threat of New Entrants 4. Threat of Substitute Products or Services 5. Rivalry Among Existing Competitors.

What would be the main constraint(s) of the small-medium size (SME) companies to achieve high engagements of workforce diversity at work place? How important are these initiatives to SMEs as opposed to global companies?

Scenario 32: Overworked Employees You get to work and ore shocked when an employee throatens to quit Thoy state thot they didntexpoct the job to be so much work ond it has limited thoir obility to see their famly. You realze yourselt that you hove missed many events othome. You apologize ond osk thom to give you 24-hours to creato a stronger plan that allows for overyone to hove a better work-life balance.R has become opparont that you have only tocused on the business needs ond need to spond more time looking at tho other oreas of the businoss Check each of the actions that can be taken to make stotting inventory operations, floor space and sales moro efficiont while olsa managing your staff's porsonai noeds from the st below. Create new policies around work time and time of Delegate and assign tasks equally to create efficiency Involve Staff in planning work expectations Hire appropriate levels of staff to meet the business needs