Operations Management: Sustainability and Supply Chain Management (12th Edition)
Operations Management: Sustainability and Supply Chain Management (12th Edition)
12th Edition
ISBN: 9780134130422
Author: Jay Heizer, Barry Render, Chuck Munson
Publisher: PEARSON
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Chapter 2, Problem 7P

Identify how changes in the external environment affect the OM strategy for a company. For instance, discuss what impact the following external factors might have on OM strategy:

a. Major increases in oil prices.

b. Water- and air-quality legislation.

c. Fewer young prospective employees entering the labor market

d. Inflation versus stable prices.

  e. Legislation moving health insurance from a pretax benefit to taxable income.

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#4 How does a government agency raise revenue differently from a private company, and how does that affect the way government decisions are made, compared to business decisions?
Identify how changes in the external environmentaffect the OM strategy for a company. For instance, discuss whatimpact the following external factors might have on OM strategy:a) Major increases in oil prices.b) Water- and air-quality legislation.
Discuss any compliance and/or regulatory issues you think would be involved in the companies you have selected as they relate to the cost of the products made. For example, are there strict regulations on product pricing, tariffs imposed on raw materials needed to make the products, strict regulations on the wages paid to workers, etc. The compainies I choose was Verizon (United States) and Vadophone (Italy) in the telecomunications industry This is a 5301 Managerial Applications of Accounting
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