influences on operations function and strategies implemented in response (1 Viewer)

[saally_]

PLEAAAAASSEE HELP! this is homework that im stressing over and need help with urgently

 

[nerdasdasd]

PLEAAAAASSEE HELP! this is homework that im stressing over and need help with urgently

Some influences are different currencies, trade agreements, cultures, technology, robotics, CAD and CAM.
Some strategies are cost leadership, product differentiation, service differentiation, and new product/service design.

YOu can elaborate on these points.

 

[Examine]

PLEAAAAASSEE HELP! this is homework that im stressing over and need help with urgently

Globalisation - The increased economic integration between countries which results in the removal of trade barriers. Globalisation provides many opportunities for the business, being able to globally source their products and develop a global web (network of suppliers that a business has globally), allowing them to reduce their overall costs. So obviously you can talk to the sub-dotpoint of global factors called global sourcing, as well as outsourcing for strategies. So basically globalisation allows for businesses to reduce the costs of their overall transformation process and expand into new markets.

Technology - The machinery, equipment and devices developed through innovation. There are generally two uses for technology, to either assist in the transformation process (refer to the technology - leading edge, established) and this includes using stuff like CAD, CAM, Robotics, etc. Then there is using technology by implementing it into a business' products and services. (new product or service design and development). A decent example of this is the release of the iPad 2 by Apple Inc., incorporating technology to allow their product quality to be better and exceeding customer expectations. Thus strategies involving technology can be used to make the operations process more efficient or to improve the quality of their products.

Quality expectations - The expectations that customers have in how well designed, made and functional the product is. The strategy which ties into this influence is obviously quality control (measuring the quality of the product in key stages of its production to ensure it's decent), quality assurance (implementing standards and procedures to ensure that a certain level of quality is achieved every time, and quality improvement (the improving of the quality of the product while retaining similar costs in expenses). These strategies are implemented to ensure that customers are consistently satisfied with the product's quality.

Cost-based competition - blah blah blah supply chain management, outsourcing, economies of scale (really can do most of the strategies in the syllabus for this if you think about it)

All influences and the strategies which are implemented in response can work to give the business a competitive advantage, cost advantage, etc.


too tired to do the other ones.