10 points Which of the following are key corporate assets? Answer Selected Answer: intellectual property‚ core competencies‚ and financial and human assets Correct Answer: intellectual property‚ core competencies‚ and financial and human assets Question 2 10 out of 10 points An example of a business using information systems to create new products and services is Answer Selected Answer: Apple Inc.’s iPod. Correct Answer: Apple Inc.’s iPod. Question 3 10 out of 10 points In a
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Case Study MKT 113 Amanda Durell Southern New Hampshire University Prince Sports is a leading tennis supplier in the international market. They have many products including racquets‚ bags‚ apparel and other accessories. They are leaders in innovation in tennis and have invented new racquet technology. Prince is excellent at catering to all types of tennis players‚ from juniors to professionals and everyone in-between. An environmental force that will work for Prince is the continuing
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BBA – 305 PRODUCTION & OPERATION MANAGEMENT Model Questions based on Previous years Question Papers UNIT – I Qs. 1 : Explain the importance of Production & Operation Management in current scenario. Why it has become an integral part of Business Education ? State with examples. [BBA-IP: Dec. 2011] Qs. 2 : Operation Management is becoming a very important subject in Business Education in the last few
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a) The characteristics that showed up most frequently were:One nose‚ pink coloured nose‚ 2 antennas‚ 6 legs‚ 2 eyes and 2 green humps were the most common characteristics. b) The Characteristics that showed up very seldom were:3 eyes‚ 2 body segments‚ blue legs‚ 1 antenna‚ a straight tail and 1 green hump. c) The following traits were found to be homozygous dominant:EE ( Eye number - 2 eyes)CC (Curly Tail)VV (Red eyes)d) The following traits were found to be heterozygous:Aa (Antenna number: 2 antennas)Mm
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following assignment is based on operations managements within IKAE. The aim of this unit is to analyse the operations functions within the organisation by understanding strategic operations management‚ the operations process and planning and control. “Operations management is an area of business that is concerned with the production of goods and services‚ and involves the responsibility of ensuring that business operations are efficient and effective. It is also the management of resources‚ the distribution
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MKT B370 Operations Management SPECIMEN EXAMINATION PAPER Important Note: This specimen examination paper serves solely as an illustration of the types of questions which may be contained in the examination. Students should not construe these questions as the actual examination questions nor part of the actual examination paper. In addition‚ this specimen examination paper does not purport to represent the complete scope or coverage of the course and the distribution of the topics to be examined
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THE DEFINITIONS "Operations management (OM) is defined as the design‚ operation‚ and improvement of the systems that create and deliver the firm’s primary products and services. Like marketing and finance‚ OM is a functional field of business with clear line management responsibilities." (Chase‚ Jacobs‚ Aquilano‚ 2006:9) "Operations management is the management of processes or systems that create goods and/or provide services. It encompasses forecasting‚ capacity planning‚ scheduling‚ managing
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Operation management Nike’s Operations management concerned about forecasting‚ controlling‚ designing‚ operating‚ and scheduling business operations in the production of Nike foot ware. Its excellent management that has been developed and ameliorated during the long term operation has enabled that business operations to be efficient and at the same time using as few resources as required. It is also effective in terms of satisfying customer demands‚ and thus it has become one of the key issue
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FUNCTIONS OF MANAGEMENT Planning It is the basic function of management. It deals with chalking out a future course of action & deciding in advance the most appropriate course of actions for achievement of pre-determined goals. According to KOONTZ‚ “Planning is deciding in advance - what to do‚ when to do & how to do. It bridges the gap from where we are & where we want to be”. A plan is a future course of actions. It is an exercise in problem solving & decision making. Planning
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sales as reported were 23.1 billion. It took long time and careful planning for Ikea to offer sophisticated products to customers at reasonable price. According to slack operation (2010) management deal how company manage its operation production and sales being two important part of it. Ikea embracing the idea of operation management creates and implements strategies in a way that the requirements of the customers and satisfied in optimum level. This report shows how IKEA thought being an outsder have
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