Operations Management Chapter 1 – Operations and Productivity PowerPoint presentation to accompany Heizer/Render Principles of Operations Management‚ 7e Operations Management‚ 9e © 2008 Prentice Hall‚ Inc. 1–1 Outline Global Company Profile: Hard Rock Cafe What Is Operations Management? Organizing to Produce Goods and Services Why Study OM? What Operations Managers Do How This Book Is Organized © 2008 Prentice Hall‚ Inc. 1–2 Outline - Continued The Heritage of Operations
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Chapter 1 The Investment Environment 1.1. Real Assets versus Financial Assets (Page 30) Real Assets Determine the productive capacity and net income of the economy Examples: Land‚ buildings‚ machines‚ and knowledge used to produce goods and services Financial Assets Claims on real assets 1-2 1.2.Financial Assets (Page 32) Three types: 1. Fixed income or debt Common stock or equity Derivative securities 2. 3. 1-3 Fixed Income
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In Chapter 1 “ Columbus‚ The Indians‚ and Human Progress”‚ it explained to the readers how Spain was looking for gold and silver to make Spanish richer using the Columbus expedition. At that time Columbus was promised to get 10 % of the profit and he will be a governorship over new-found lands‚ and the fame that would go with a new title: Admiral of the Ocean Sea. The first expedition‚ Columbus reported to the Court in Madrid was extravagant. He insisted he had reached Asia (but it was wrong because
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Part I: Prologue C H A P T E R 1 Introduction to Organizational Behavior After studying this chapter‚ you should be able to: 1. Define organizational behavior (OB). 2. Explain the value of the systematic study of OB. 3. Identify the contributions made to OB by major behavioral science disciplines. 4. Describe how OB concepts can help make organizations more productive. 5. List the major challenges and opportunities for managers to use OB concepts. 6. Identify the three levels of analysis
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Lord of the Flies analysis of chapter 1 The opening character is important and effective because it sets the scene for that character‚ and their situation. You can almost predict what that character will be like in the rest of the book by the few sentences that the author gives you. The opening character is also a vital piece of information‚ because it will make the reader want to read on. The first character that was introduced was Ralph. We can predict that he will become important in the rest
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Entrepreneurship: Successfully Launching New Ventures‚ 4e (Barringer/Ireland) Chapter 1 Introduction to Entrepreneurship Study Guide 1) According to the Global Entrepreneurship Monitor (GEM) 2010 survey‚ about ________ of adults in the United States are either starting a business or are running a business that has been in existence for less than 3 1/2 years. -7.6% 2) Which of the following statements regarding business success (or failure) rates is correct? -After Four years‚ 50 percent
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Chapter 1 * Public Speaking is a way of making yoru idea spublic of sharing them with other people and of influencing other people * Public speaking is a vital means of civic engagement. It is a way to express your ideas and to have an impact on issues that matter in society- form of empowerment can make difference in things people care about * Key phrase make a difference Tradition of Public Speaking * Orator someone who has special skills in public speaking * Oldest known
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Reading Summary Alanna Staton Liberty University Dr. Randy Tierce October 26‚ 2014 Creswell Chapter One Summary As an introduction to the text‚ Qualitative Inquiry and Research Design: Choosing among Five Approaches‚ Cresswell (2013) first provides a purpose and rationale for writing the book. Although the purpose is not clearly formulated by the author‚ it is shown that Cresswell’s (2013) primary intention when writing the book was to fully examine the five qualitative approaches to inquiry. ”
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Chapter 13-Minicase 1 (page 598) Intranets: Invest First‚ Analyze Later? 1. Where and under what circumstances is the “invest first‚ analyze later” approach appropriate? Where and when is it inappropriate? Give specific examples of technologies and other circumstances. Invest first is justified if a new technology is the reason for the investment. There may not even be data to base an analysis on. It is inappropriate if the investment is big and could ruin the firm. Also‚ if data is available
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1. Why should one study operations management? Operations Management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs. • Operations Management is one of the three major functions of any organization‚ and it is generally related to all the other business functions. All organizations market (sell)‚ finance (account)‚ and produce (operate)‚ and it is important to know how the Operations Management activity functions. Therefore‚ we study
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