Introduction to Materials and operations management Goods‚ Services‚ and Operations Management Chapter 2 Value Chains Value Chains • The underlying purpose of every organization is to provide value to its customer and stakeholders. • Value is the perception of the benefits associated with a good‚ service‚ or bundle of goods and services (i.e.‚ the customer benefit package) in relation to what buyers are willing to pay for them. • A value chain is a network of facilities
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Intern. J. of Research in Marketing 17 Ž2000. 105–126 www.elsevier.comrlocaterijresmar Building models for marketing decisions: Past‚ present and future Peter S.H. Leeflang a‚) ‚ Dick R. Wittink a‚b a Department of Economics‚ UniÕersity of Groningen‚ P.O. Box 800‚ 9700 AV Groningen‚ Netherlands b Yale School of Management‚ New HaÕen‚ CT‚ USA Abstract We review five eras of model building in marketing‚ with special emphasis on the fourth and the fifth eras‚ the present and the future
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ISSN 1045-6333 HARVARD JOHN M. OLIN CENTER FOR LAW‚ ECONOMICS‚ AND BUSINESS EXECUTIVE COMPENSATION AS AN AGENCY PROBLEM Lucian Arye Bebchuk and Jesse M. Fried Discussion Paper No. 421 04/2003 Harvard Law School Cambridge‚ MA 02138 The Center for Law‚ Economics‚ and Business is supported by a grant from the John M. Olin Foundation. This paper can be downloaded without charge from: The Harvard John M. Olin Discussion Paper Series: http://www.law.harvard.edu/programs/olin_center/ The
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82476 c02.3d GGS 3/17/09 15:15 r r r r r r r r r r r r r r r r r r r r r r r r r rr ECONOMIES AND SCOPE OF SCALE 2 r r r r r r r r r r r r r r r r r r r r r r r r r rr ew concepts in microeconomics‚ if any‚ are more fundamental to business strategy than economies of scale and the closely related economies of scope. Economies of scale allow some firms to achieve a cost advantage over their rivals. Economies of scale are a key determinant of market structure and entry
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e-Business and Supply Chain Management: An Overview and Framework1 Forthcoming in Production and Operations Management special issue on e-Business and Supply Chain Management M. Eric Johnson Center for Digital Strategies Tuck School of Business Administration Dartmouth College Hanover‚ NH 03755 www.tuck.dartmouth.edu/digitalstrategies m.eric.johnson@dartmouth.edu phone: 603-646-0526; fax: 603-646-1308 Seungjin Whang Global Supply Chain Management Forum Graduate School of Business Stanford
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Chapter 1. The Information Systems Strategy Triangle Chapter Overview This chapter presents a very simple framework‚ the Information Systems Strategy Triangle‚ which links business strategy with organizational strategy and information strategy. The chapter describes this model‚ and builds on several other popular strategy models and organizational models. The goal of this chapter is to make sure every student has a basic understanding of both strategy and organizations (in many management
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THE DIGITAL TRANSFORMATION JOURNEY‚ A Wipro CGT Research Report WWW.WIPRO.COM Kara Romanow‚ CGT WHAT DOES DIGITAL TRANSFORMATION REALLY MEAN? Expert Perspective • By John Rossi‚ Global Leader‚ Wipro’s Consumer Goods Consulting Group If we asked 100 people “what is digital transformation?” we would receive at least 99 different answers‚ and those two people that gave the same answer probably sat next to one another while taking the survey. Why do many find it difficult to describe
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Stock exchange A stock exchange is a form of exchange which provides services for stock brokers and traders to trade stocks‚ bonds‚ and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments‚ and capital events including the payment of income and dividends. Securities traded on a stock exchange include shares issued by companies‚ unit trusts‚ derivatives‚ pooled investment products and bonds. To be able to trade a security
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SWOT Analysis: Wal-Mart Inc. A. Internal Environment Strength Weakness Remark I. Management Infrastructure + + + Wal-Mart has been able to install and maintain a management team that is performing superiorly over its entire existence. This is foremost a consequence of the remarkable leadership abilities of its founder Sam Walton. He is often described as having been a very charismatic figure. The challenge that lies ahead is to perpetuate this spirit and not to become an ordinary organization
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strategic and economic analysis of e-grocery system in tesco and Strategic and Economic Analysis of E-Grocery System in Tesco and Sainsbury ABSTRACT Online shopping and home delivery systems become most famous in recent decades. Online grocers have been testing various business models with altering results. This research study is carried out in two main grocers of the UK (Tesco and Sainsbury). This research study conducted Case study and historical data‚ and meta-analysis to identify current strategies
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