there are few substitutes from other industries (if any); and most of them are seemed to be obsolete or have on foot out of the door‚ e.g. digit camera in the place of film camera and fax machines in place of overnight mail delivery. Consider that Sony has built a good reputation and strong customer loyalty‚ it effectively position the company’s products against product substitute to some extent; this is a surplus for the company. 2. Bargaining Power of Buyers (HIGH) The power of buyer is high
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Cost - Risk In this case‚ the advantages that Deaconess Clinic‚ as a service company‚ would have if they performed it in-house would be at quality and risk factors. If the cooking activity performed within the hospital‚ it would be easier for the management to control the quality of the food‚ and minimizing the risk of contamination from outside. Other than that‚ employees could feel more about the “family” atmosphere if they doing the activity in a same room and doing teamwork. On the other hand
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Project Management • • • • • Introduction to project management Critical path method (CPM) Crashing Uncertain activity durations Reading: Page 760 – 794 Project • Project: – A special type of process / transformation – A series of related jobs directed toward some major output – Require time and resources – Examples • MS Windows 2000‚ Fund raising‚ Preparation for a private party‚ Building a new airport… The Campus Wedding Reserve Church (1) Church Notice (17) 1 Decorate Church
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is based on the assumption that the future will be an extrapolation of the past. Judgmental forecasting relies upon opinions and expertise of people in developing forecasts. Chapter 12 What is inventory management and why is it important? Be very detailed and specific. Inventory management is the planning‚ coordinating and controlling the acquisition‚ storage‚ handling‚ movement‚ distribution‚ and sale of raw materials‚ component parts‚ and subassemblies‚ supplies and tools‚ replacement parts
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Question: How does Operations and Supply Chain Mgmt enhance company profitability? 1. Content 2. Charts and Graphs 3. Evidence to support your position 4. Examples that highlight your conclusion Table of Contents: I. Executive Summary…………………………………………………………………………………………………………………….2 II. Operations Management and Profitability………………………………………………………………………………….3 III. Supply Chain Management and Profitability……………………………………………………………………………….5 IV. Examples/Case Studies………………………………………………………………………………………………………………
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Hong Kong Environment Light Sound Temperature Humidity Man Machine/Technology Posture Fatigue Physical comfort 1 A little about me … • Calvin Or • Assistant Professor‚ Dept of IMSE • BEng.‚ Industrial Engineering & Engineering Management • MSc‚ Industrial Engineering • PhD‚ Industrial & Systems Engineering Contact Information – Tel: 2859-2587 – Email: klor@hku.hk – Office hour: By appointment 2 Course syllabus 3 About my teaching and class • Teaching is about sharing
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people all over the world‚ Sony is one of those companies‚ which speeded up its growth and become one of the best companies in the world. Sony was founded in capital of japan Tokyo in 1946; it was the idea of two men engineer masaru ibuka and akio morita a physicist. They decided to make the company of the repairing the electronic equipment’s at very beginning the company had no machinery and had little scientific equipment’s “ In 1955‚ the company decided to use the SONY logo on Totsuko products and
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Winter / November 2012 Master of Business Administration - Semester 2 MB0044 - Production and Operation Management ASSIGNMENT- Set 1 Q1. Explain the basic competitive priorities considered while formulating operations strategy by a firm? Competitiveness is at the core of all strategies. Even among them‚ priorities tend to bring the organisation’s focus on the areas to be dealt with in terms of allocation of resources – people‚ money‚ and time. This means that different functional areas with
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change 14 h. Anchor the changes in corporate culture 14 Question 4 15 Sources of change in Sony 15 i. Fear of the unknown; 15 ii. Fear of redundancy 15 iii. Habit 15 iv. Corporate history and culture; 16 Solution to resistance; 17 v. Educate and communicate 17 vi. Participation; 17 vii. Negotiation; 17 viii. Manipulation and co-optation; 17 Conclusion 18 REERENCES 19 Sony is a widely known electronic company which was founded in 1946 by Masuru Ibuka and Akio Morita
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SONY CASE STUDY QUESTION Outline and evaluate Sony’s strategic position at the end of the case study‚ including its management of change. What strategic changes (if any) would you now recommend to Sony’s Management? Introduction 1.1 Sony’s fate through the 1990s has been characterised by grave vagaries of events in its fifty years of operation. Enormous successes from 1946 has been attributed to the collaborative venture between
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