Concept explainers
a)
To determine: The ways by which technology improves competitiveness.
Introduction: Competitiveness, strategy making and productivity are three crucial aspects for a firm to withstand and succeed in present competitive business environment. These elements are interrelated which must be handled efficiently in order to attain competitive edge.
b)
To determine: The ways by which technology improves productivity.
Introduction: Competitiveness, strategy making and productivity are three crucial aspects for a firm to withstand and succeed in present competitive business environment. These elements are interrelated which must be handled efficiently in order to attain competitive edge.
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Chapter 2 Solutions
Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
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- 1.3 In the context of Transnet motivate why the organisation should have a functional operations management division.arrow_forwardDiscuss the following as a business performance indicators 1. Productivity [sales volume] 2. Revenue growth 3. Value maximization 4. Customer satisfactionarrow_forwardApply SHRM theories/concept to analyze the strategic business partnership role of people managers in the talent management in ensuring a long-term sustained human capital performance.arrow_forward
- . GIVE 5 EXAMPLES OF ERGONOMICS SITUATIONS AND ITS IMPORTANCEarrow_forwardHow does productivity management contribute to organizational efficiency and competitiveness?arrow_forwardPredict 3–5 potential challenges that the managers or owners of the business could face in addressing organizational performance.arrow_forward
- Provide a clear and succinct description of the many stakeholders involved in the creation of the system, along with two examples of each.arrow_forwardWhat are the availability of skills in the external market of Amazon? What is the impact on the organization's value chain? What is the impact on business results?arrow_forwardGiven 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?arrow_forward
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