OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
7th Edition
ISBN: 9781259326738
Author: SCHROEDER
Publisher: MCG
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Chapter 2, Problem 13DQ
Summary Introduction
To determine: The example of the global business and the way globalization affects its operation and supply chain.
Introduction:
Operations management helps to determine the tools and information for the best business ideas and the implementations. It helps to improve the level of efficiency within the organization.
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Chapter 2 Solutions
OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
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- 2. Describe three types of risks commonly faced by entrepreneurs.arrow_forwardDefine risk management and explain its importance in a small business.arrow_forward1. Define risk management and explain its importance in a small business. 2. Describe three types of risks commonly faced by entrepreneurs. 3. Explain the purpose of a risk register. 4. List and briefly describe four risk response strategies. (5 marks) (6 marks) (4 marks) (8 marks) 5. Explain how social media can pose a risk to small businesses. (5 marks) 6. Identify and describe any four hazard-based risks. (8 marks) 7. Mention four early warning indicators that a business may be at risk. (4 marks)arrow_forward
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