EBK PRINCIPLES OF OPERATIONS MANAGEMENT
11th Edition
ISBN: 9780135175859
Author: Munson
Publisher: VST
expand_more
expand_more
format_list_bulleted
Question
Chapter 2, Problem 3P
Summary Introduction
To determine: Ranking for global competitiveness in the following nations
Introduction:
The global competitiveness of a nation is the different policies and economic reforms. The index will assess the reforms which are aimed at improving the prosperity of the citizens every year. It will also assess how productively a country is utilizing its resources.
They measure the factors that create the sustainable trend and reforms that help to create an increasing prosperity for the citizens. They are scored from 1 to 7 where 7 being the highest score of competitive index.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Identify the type of business strategy of your firm, mention below how its business strategy has improved the competitive advantage and describe five important opportunities for your future
firm and describe also five threats, here opportunities and threats are related to competition, new products, new services, economic conditions, consumer preferences, costs, and
international trade. Elaborate properly for each giving the fundamental reasons, find the relationship when you calculate the latest Sustainable Growth Rate or "g".
Threats/Opportunities
"g" Calculation
Relationship
Reason
You must visit the SEC10K of your firm and read the sections, business description and business environment, financial statements, and management discussions, and also NOTES to the
consolidated financial statements.
How is a diversification strategy related to the sustainable growth and development of an organization? Provide an example of a company that employed this strategy.
creates a competitive profile matrix of Telcel (for example, compared to AT&T and Movistar)
Chapter 2 Solutions
EBK PRINCIPLES OF OPERATIONS MANAGEMENT
Ch. 2 - Prob. 1EDCh. 2 - Prob. 1DQCh. 2 - Prob. 2DQCh. 2 - Prob. 3DQCh. 2 - Prob. 4DQCh. 2 - Prob. 5DQCh. 2 - Prob. 6DQCh. 2 - Prob. 7DQCh. 2 - As a library or Internet assignment, identify the...Ch. 2 - Prob. 9DQ
Ch. 2 - Prob. 10DQCh. 2 - Prob. 11DQCh. 2 - Prob. 12DQCh. 2 - Prob. 13DQCh. 2 - Prob. 14DQCh. 2 - Prob. 15DQCh. 2 - Prob. 16DQCh. 2 - Prob. 17DQCh. 2 - Prob. 18DQCh. 2 - Prob. 1PCh. 2 - Prob. 2PCh. 2 - Prob. 3PCh. 2 - Prob. 4PCh. 2 - Within the food service industry (restaurants that...Ch. 2 - Prob. 6PCh. 2 - Prob. 7PCh. 2 - Prob. 8PCh. 2 - Prob. 9PCh. 2 - Prob. 10PCh. 2 - Prob. 11PCh. 2 - Prob. 12PCh. 2 - Prob. 13PCh. 2 - Rapid-Lube A huge market exists for automobile...Ch. 2 - Rapid-Lube A huge market exists for automobile...Ch. 2 - Rapid-Lube A huge market exists for automobile...Ch. 2 - Prob. 1.1VCCh. 2 - Prob. 1.2VCCh. 2 - Prob. 1.3VCCh. 2 - Prob. 1.4VCCh. 2 - Prob. 2.1VCCh. 2 - Prob. 2.2VCCh. 2 - Prob. 2.3VCCh. 2 - Prob. 3.1VCCh. 2 - Prob. 3.2VCCh. 2 - Prob. 3.3VCCh. 2 - Prob. 3.4VC
Knowledge Booster
Similar questions
- Coca-Cola is a well-established consumer products company with a strong position in the global market The sales of its core soda products have remained relatively stable for decades, yet the company has continued to grow and has remained extremely profitable. Discuss Coca-Cola's history in light of the statement that "generating a steady stream of new products to market is extremely important to competitiveness." Does Coca Cola's success disprove that statement? Is the company an exception to the rule or an example of its application?arrow_forwardIn your opinion, what are some of the most effective strategies for achieving sustainable competitive advantage in a global industry/market segment? Why do you think these strategies are effective? Are there any examples of companies that have successfully achieved sustainable competitive advantage in a global industry/market segment? What can we learn from these companies? How can companies stay up-to-date with the latest trends and developments in a global industry/market segment? What are some strategies for staying ahead of the competition?arrow_forwardExplain and analyse the competitiveness of a nation and the competitiveness of an industry. Givean example of a country in Asia which indicates its competitiveness.arrow_forward
- Compare to Netflix What is your assessment of the strength of the competitive rivalry among the leading participants in this rapidly evolving global market for streaming video? How strong are the other four competitive forces? Do a complete five-forces analysis to support your answerarrow_forwardRead the following case study based on Wal-Mart and answer the questions that follow, not all the answers can be found in the case study, you may be required to conduct additional research. Measuring Wal-Mart's impact on South Africa What exactly will Wal-Marts presence do to South Africa’s retail supply chain? A recent study tried to measure just that. According to the Supplychainforeseight research study, South Africa’s local retail sector is prepared to deal with Wal-Mart’s proven plan for success. Local retail businesses will try and compete with Wal- Mart by emphasizing communication and increasing customer service. The local retailers are also expected to try and ‘streamline the supplier base,’ which could result in more stable, cost-effective contracts with suppliers. “Walmart might be defined as a supply chain business that happens to be a retailer; as opposed to supermarket chains, who are retailers who happen to be in the supply chain business,” industry consultant…arrow_forwardGrand View Research published the following market insights in 2022: "[The] global rice market size was valued at USD 287.45 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 2.2% from 2022 to 2028. Rice is the staple food of more than half of the world's population; Asia Pacific is the largest consumer of the product, which has led to significant market growth. Moreover, continuous developments in rice mill machinery globally and attractive packaging increases the product demand in emerging economies. Starch N Some is a small-scale rice packaging company, importing its rice from India and packaging it in Johannesburg, Gauteng. They have a variety of grades of rice packs and they pack them in different sizes. Their target market is both consumers and businesses, based in Gauteng province for now. Their marketing manager, after reading the above report, realised that even though almost marginal, there is potential market growth, which they could…arrow_forward
- Sustainable Competitive Advantage In general, capabilities and resources become strengths with the potential to create a competitive advantage if the following conditions are met: The resources or capabilities are valuable. They allow the firm to exploit external opportunities and/or neutralise external threats. If a firm’s resource or capability allows exploitation of opportunities or neutralisation of threats then it is considered a strength. 2.The resources or capabilities are unique. If only one or a small group of organisations possess a valuable resource or capability, then that resource or capability may be a source of competitive advantage. If numerous organisations possess a particular resource or capability, then the situation is described as competitive parity – no company has the advantage. 3.The organisation must be suited to the exploitation of the resource or capability. This means that the structure and systems of the firm are appropriate for taking advantage of the…arrow_forwardSustainable Competitive Advantage In general, capabilities and resources become strengths with the potential to create a competitive advantage if the following conditions are met: The resources or capabilities are valuable. They allow the firm to exploit external opportunities and/or neutralise external threats. If a firm’s resource or capability allows exploitation of opportunities or neutralisation of threats then it is considered a strength. 2.The resources or capabilities are unique. If only one or a small group of organisations possess a valuable resource or capability, then that resource or capability may be a source of competitive advantage. If numerous organisations possess a particular resource or capability, then the situation is described as competitive parity – no company has the advantage. 3.The organisation must be suited to the exploitation of the resource or capability. This means that the structure and systems of the firm are appropriate for taking advantage of the…arrow_forward(Don't copy the answer) Read the case below and answer all the questions that follow. The German Automotive Industry Germany is the largest manufacturer of automobiles in the European Union with market reaching a value of $54.02 billion (Data monitor, 2004). It is home to the BMW, Audi, Mercedes-Benz and Volkswagen cars which are world famous for their innovation and quality. The automobile industry is the largest contributor to the German economy. According to the figures of VDA (2010), the production of German vehicles was 6.0 million in 2008 and 5.2 million in 2009, which puts it at the top among other European countries. The German automobile industry is also an important employment sector. According to the data from ACEA (2010), around 1.4 million people work in the automotive sectors or related sectors in Germany. While lacking in natural resources, Germany holds other advantages to maintain its competitiveness in the automobile industry in Europe. Highly educated, qualified…arrow_forward
- Discuss the impact of globalization on businesses. How has it influenced the competitive landscape, supply chains, and consumer behavior? Provide examples to support your answer.arrow_forwardAnalyze the competitive advantages and disadvantages of each company's offerings and provide recommendations for each company on how they can improve their product and service offerings to remain competitive in the market. $$$$$$$$$$$$$$$$$$$$#@!!@@@#####arrow_forwardConsider the macroenvironment facing a large, international airline headquartered in the United States (such as American Airlines or United Airlines). Give at least three examples of important trends or events from each of the segments of the airline's macroenvironment (macroeconomic, global, technological, demographic, social, political, and legal), and explain whether each represents a threat or an opportunity for the firm.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.