Strategic Management and Time-based Strategies - 1031 Words

Tricia Acosta BUM 4013 (01) Production and Operations Management Discussion and Review Questions 1.From time to time, various groups clamor for import restrictions or tariffs on foreign-produced goods, particularly automobiles. How might these be helpful? Harmful? It helps the country receiving tax monetarily, allows state to flourish internally, and more costly for exporters. 2. List the key ways that organizations compete. a. Product and service design b. Cost c. Location d. Quality e. Quick response f. Flexibility g. Inventory management h. Supply chain management i. Service j. Managers and workers 3. Explain the importance of identifying and differentiating order qualifiers and order winners. Order qualifiers†¦show more content†¦counterpart. What are some possible explanations for this, assuming that U.S. workers are as hardworking as Japanese workers? Low labor cost strategy: Immediately after the war, exploited the (then) inexpensive labor pool. Scale-based strategy: During the 1960s, used capital intensive methods to achieve higher labor productivity and lower unit costs. Focused factories strategy: During the 1970s, used smaller factories that focused on narrow product lines to take advantage of specialization and achieve higher quality. Flexible factories strategy: During the 1980s, reduced the time needed to incorporate new product and process designs. Used flexible equipment that allowed volume and design changes, as well as product variety. 12. Boeing’s strategy appears focus on its 777 midsize plane’s ability to fly into smaller, nonhub airports. Rival European Airbus’ strategy appears to focuses on large planes. Compare the advantages and disadvantages of these two strategies. Boeing 777: Flew from Sydney to London without refueling. (adv) The family of airplanes distinguished by its fuel-efficiency, spacious cabin interior, range capability, commonality and reliability. New design and testing initiatives helped ensure the highest possible levels of reliability. (dis) most notably that headwinds would make it difficult for the plane to fly Sydney-London without stopping. Airbus 380: (adv) The main advantage is that it can shipShow MoreRelatedThe Objectives Of Strategic Management Essay1055 Words   |  5 Pages A strategy is a plan of action designed to achieve a specific goal or series of goals within an organizational framework. Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively (Rumelt, 2011). Since organizations can be viewed as systems, management can also be defined as human action, including design, to facilitate the production of useful outcomes from a system. According to David (2011), strategic managementRead MoreWhat Is Strategic Management1189 Words   |  5 PagesAnswer Strategic Management can be defined as the art and science of formulating, implementing, and evaluating cross-functional decision that enables an organization to achieve its objectives. As this definition implies, strategies management focuses on integrating management, marketing, finance/accounting, production/operations, research and development, and computer information systems to achieve organizational success but strategy must be closely aligned with purpose. Is this the process ofRead MoreStrategic Management For Competitive Advantage1132 Words   |  5 Pages Strategic Management for Competitive Advantage Framework The article mainly talks about strategic management employed by organizations to meet their strategic objectives and hence achieve organizational mission. This will enable the firm to establish a competitive advantage (Gluck, Kaufman, Walleck, 1980). A competitive advantage is when a company can provide better services or offer equally better products than other organizations. The input of the customer and the competitive landscape mustRead MoreRyanair Strategy1069 Words   |  5 PagesYat-Sen University Strategic Management Professor: Richard Lihua Individual Reflection Date:April 13, 2013 Student: Wu Yanfei (12211208) 1 ç› ®Ã¥ ½â€¢ 1. Knowledge Reflection ........................................................................ 3 2. Individual Experiences on Strategic Management Reflection ............. 6 3. Future Expectations ........................................................................... 7 2 1. Knowledge Reflection Strategic Management is the spiritRead MoreStrategic Behavior And Game Theory989 Words   |  4 PagesIntroduction Strategic behavior and game theory coincide together in many ways. Strategic behavior plans happen within the confines of game theory. Silva, Mota, and Gril (2015) describe game theory and all that is involved with it as â€Å"one of the most powerful tools within social science in general and economics† (p. 421). With this statement, a deeper look into the measures that sum up strategic behavior and game theory is essential for an understanding of a firm’s decision in the global economyRead MoreStrategic Human Resource Management1738 Words   |  7 PagesSTRATEGIC HUMAN RESOURCE MANAGEMENT Strategic human resource management is the process of linking the human resource function with the strategic objectives of the organization in order to improve performance. Strategic management The word ‘strategy’, deriving from the Greek noun strategus, meaning ‘commander in chief’, was first used in the English language in 1656. The development and usage of the word suggests that it is composed of stratos (army) and agein (to lead). In a management contextRead MoreDefinitions Of Strategy For Business Purposes Essay1137 Words   |  5 PagesThe idea of strategy uses in organizations for business purposes, often understand as strategic management, started after the second world-war. The chronological order of definitions of strategy in organizational perspective is given by various writers in table-2. Table 2: Definitions of Strategy in Management Practice Year Contributor and Source Definition 1947 Von Neumann Morgenstern, Theory of Games and Economic Behavior [pp. 79-84] Strategy is a series of actions by a firm that are decidedRead MoreFinancing And The Development And Implementation Of Strategies1190 Words   |  5 Pagesand the Development and Implementation of Strategies SUMMARY The role of finance within the strategic planning process has become more relevant than ever. With the introduction of the balanced scorecard the financial performance of a firm has been emphasized has a key indicator of success and links strategic goals to performance and provide timely, useful information in order to facilitate strategic decisions. The article, The Role of Finance in the Strategic-Planning and Decision-Making Process, byRead MoreCase Study : Business Strategy And Management Principles1648 Words   |  7 Pages MGMT 510 50 BUSINESS STRATEGY AND MANAGEMENT PRINCIPLES – ASSIGNMENT 1 NAME: BHARAT YALALA STUDENT ID: 147139 CHAPTER 1: ïÆ'Ëœ What is competitive advantage, and how does it relate to a company’s business model? Competitive advantage is nothing but when a company has advantage among its competitors in the same area or its performance is above all to the average. In other words, when a company produces goods or services at low price to the customers in their desired way which in turnRead MoreThe Importance Sustainable Purchasing Supply1625 Words   |  6 Pagesconsideration with a focus on current debates and thinking in the strategic supply and purchasing field. The benefits of efficient supply and purchasing were realized by recent organizations who have acknowledged its strategic importance. Traditional purchasing models were based on tactical processes; with exclusive focus on clerical functions. Nevertheless, purchasing and supply is viewed as a function playing a vital role in attaining strategic organizational objectives for reasons I will continue to clarify

Homelessness and the Cycle of Poverty - 717 Words

Webster’s dictionary defines the word â€Å"homeless† quite simply by â€Å"having no place to live†. Customarily a homeless person is stereotypically thought to be an older male like the â€Å"bum† on the street corner peddling for change. Although this problem is not only affecting adults but entire families including children. We are facing a growing epidemic of people all over the world being deprived of basic human needs such as shelter, food, water, and heath care due to the fact that they are unable to pay for it. What responsibility do we have in helping these misplaced individuals, if any at all? The staggering numbers of families living on the streets grows with each passing year. Those lucky enough to find temporary accommodations do so by staying in government funded housing, homeless shelters, or resorting to sleeping in their own vehicle. These solutions are only a short lived luxury and for many the next morning they are off again searching for another place to lay their head. Anna Quindlen, a novelist and social critic, stated in 2001 â€Å"there was a need for space for 10,000 children on any given night in the city of New York alone.† (316) Homeless children unfortunately are in the situation due to no fault of their own and have no power to change their dire circumstance. Quindlen adds, â€Å"Some contributing factors to single women being in the shelter system with their children are drugs, alcohol, and/or domestic violence.† (317) Many of these women are repeating the sameShow MoreRelatedEssay on Homelessness954 Words   |  4 Pages Homelessness nbsp;nbsp;nbsp;nbsp;nbsp;Homelessness as an issue in todays society is largely ignored. To many, the problem of homelessness is invisible or barely noticed. When these people do see the homeless it is found in the form of beggars who need to â€Å"pull themselves up by their bootstraps† or mentally ill people who â€Å"just cant help themselves†. In either case the central point remains; the homeless must be people who are incapable or unwilling to help themselves. After all, wouldntRead MorePoverty And Poverty1721 Words   |  7 PagesOver the years, poverty has become an issue that is growing drastically and more people are starting to succumb to it and are falling below the poverty line. Poverty is like an epidemic that is constantly spreading because it has many causes to it. Poverty is the faceless enemy that exists in today’s society and targets those who are incapable of fighting against it and those who cannot support themselves. It is a never-ending nig htmare of living life in hunger, without shelter, being exposed toRead MoreThe Issue Of Homelessness Is Not A New Issue1432 Words   |  6 PagesThe issue of homelessness in remains an issue that is rarely acknowledged or discussed. Governments all around the world boast of all the work they are doing for their country, bringing up GDP, employment rate and promising even more. However, when the issue of homelessness is brought up, governments shy away, pretending that it is barely an issue in the country. Unfortunately, Canada is one of those countries. A study done in 2014 on the issue of homelessness in Canada found that approximately â€Å"235Read MoreHomelessness And Service Of Denver Colorado987 Words   |  4 PagesHomelessness and Service in Denver Colorado By Cali Arbuckle Hiking through Rocky Mountain National Park the beauty was overwhelming, the next day our team was serving in downtown Denver in a Street reach meal service to people suffering from homelessness. The beauty of the mountains was overwhelming but then we surrounded by this vast issue of homelessness. Both of these moving experiences, along with many other moments during the week, that made this trip personally impactful and helped me toRead MoreHomelessness in the United States952 Words   |  4 PagesThe purpose of this paper is to examine the effects of poverty on young children and their families. The focus will be on homelessness and how the child is affected in two major settings: the home, or lack of, and school. In both of these settings, children are impacted by different social forces and must push through barriers that are set before them given their circumstance. â€Å"Living without permanent, long-term housing creates a number of stressors for children and families, but being homelessRead MoreHomelessness And Poverty And Homelessness1699 Words   |  7 PagesCenter on Homelessness and Poverty 7) While a portion of today’s society turns a blind eye to the subject of the criminalization of homelessness, an even larger quantity of people are not aware of the situation that is happening in every major city of America. For those living an affluent lifestyle, it can be difficult to discuss the amount of poverty and homelessness that is constantly occurring. The definition and meaning behind the absence of home is also arduous to discuss. While homelessness is commonlyRead MoreSocial Issues Of The Community And One Of Them Is Poverty986 Words   |  4 PagesThere are many social issues in the community and one of them is poverty. In 2013, fourteen and a half percent of the people in the United States were in poverty (Feeding America). Poverty tends to result from unemployment, low income, or a lack of education (Poverties.org). To begin with, Poverty is a big social issue that needs to be stopped as it leads to crime, hunger, and homelessness. It can rot communities from th e inside out. If people could tackle this at home then they could more easilyRead MoreThe Serious Issues of Poverty and Homelessness in the US1313 Words   |  5 PagesPoverty and homelessness are serious issues in the U.S. today, especially because of the current recession, with levels of poverty and unemployment higher than at any time since the 1930s. Blacks and Hispanics are being affected disproportionately by homelessness, as well as poverty and unemployment in American society. This is just another example of the racial caste system and institutional racism that goes far beyond that of social class, and has always been the case in recessions and indeed withRead More How Many People are Homeless? Essay1591 Words   |  7 Pagesis misleading. In most cases, homelessness is a temporary circumstance -- not a permanent condition. A more appropriate measure of the magnitude of homelessness is therefore how many people experience homelessness, not how many people are homeless. Studies of homelessness are complicated by problems of definitions and methodology. This fact sheet describes definitions of homelessness, methodologies for counting homeless people, and recent estimates of homelessness. Additional resources for furtherRead MoreHomelessness and Childhood Development Essay976 Words   |  4 Pagesexperience homelessness in youth. Homelessness at such an early and integral stage in one’s life presents lasting consequences and we must work to better understand, prevent and reverse the effects of homelessness on children. â€Æ' Homelessness is a widespread issue that in recent years has only worsened with the downturn in the economy and a never-ending war. Of this very vulnerable population however there is within an even more vulnerable population, the children affected by homelessness. We as a society

Were the Great Powers ready for war in 1914 Free Essays

string(29) " has been mostly successful\." To be ready for war the Great Powers would need a great military, both in army and navy, great agriculture and they would also need to be financially capable of supporting the expenses caused by the war. Further more the Powers should be economically successful nations and have good infrastructure to enable them to produce necessary weapons to fight the war. The politics of the nation and the moral of its people should also be taken into account when entering the Great War. We will write a custom essay sample on Were the Great Powers ready for war in 1914? or any similar topic only for you Order Now Being ready for war involves a large culmination of different aspects. The country’s military is a very important aspect to consider. The military of the nation is an imperative aspect since a military involves a permanent, professional force of soldiers or guerrillas trained exclusively for the purpose of warfare. The size of the military depends on the number of men, the cavalry and the artillery the nation possess. Usually, the larger the military the more chance there is of winning the battle against the other nation(s) since more men and equals more power or force. However the motivation and the determination of the military also plays an important part in the plausible outcome. Another important factor in deciding if the Powers were ready for war is their agriculture. If the nations external food sources from foreign countries were blocked the country would starve unless the agriculture is sufficient enough to feed its people. To be ready for war the country should have the capability to survive for a period during the war by growing its own food. However the Powers should have land available to grow the food. Money also plays a significant part in deciding whether the Powers are ready for war. To be ready, the Powers should be financially capable to support their nation and its people. Also the cost of the war should not lead to nation bankruptcy. Prior to 1914, Wilhelm the second rejected Bismarck’s careful foreign policy and under went a period of military expansion both in army and navy. The military expansion can be show as Germany being ‘warlike and aggressive’ however a great military is needed to be ready of war. In 1906 the French army was a more sophisticated army than the Germans despite the fact that Germany had 10,000 more men. This did not go unnoticed and by 1914 Germany’s army was estimated to around 2 million. Germany believed that the navy also plays an important part and Tirpitz, the head of the German navy, believed that Germany couldn’t be seen as a world power without a strong navy. He wanted to make his navy two thirds the size of Britain’s so that he could challenge them. This also shows Germany being war like and aggressive. By 1906, he had 18 battleships (first class), 13 battleships (other class), 6 cruisers (first class), 24 cruisers (other class), 103 destroy ers, subs mtb’s and 35,500 officers and men. Having a superior army is not enough to be ready for war, the soldiers should be motivated and determined to fight. To improve soldier and citizen morale the German army was described as: ‘There was no such thing as the German army but rather the 4 armies of Prussia, Bavaria, Saxony and Wurttemberg’1. This statement boosted the soldier’s confidence since its gave an affect that Germany had a colossal army. The sheer size of the German army implies Germany was in fact ready for war in the military aspect. The military aspect, despite being an imperative part of being ready for war, is not enough. The industry of the nation also plays an important part. By 1914 Germany was one of the most economically successful nations in, not just Europe but the world. In 1909 there were 4579 commercial companies in Germany with a combined capital of 15,860 million marks and with annual dividends of c. 1 billion marks. ‘In the first two decades of the Empire, Germany had been transformed from a mainly agrarian to a predominantly industrial state’ 2. Also Germany’s high and sustained rate of industrial growth was the dominant feature of the European economic landscape. It was more persistent than that of either France or Britain, and was rivaled only by that of Russia and, outside Europe, by the USA.3 Also in the new industries of chemicals and electrics, German industry led the way.4 The booming German industry makes Germany ready for war in the industrial aspect as well. Agriculturally, Germany was excellent. By 1914 German agriculture, in terms of yield per hectare, was the most productive in the world.5 In 1912, Germany was producing 2,260 kg/hectare of wheat and 15,030 kg/hectare of potatoes. Their agricultural superiority shows that Germany would have the capability to survive for a period during a war by growing its own food since it had the most productive agricultural land in the world. Germany’s thriving agriculture makes the nation ready for war in a agricultural aspect. However, despite the continued industrial growth, German society appeared to have become increasingly fractured during the period. There was a much greater disparity between the upper and working classes. The politics of the nation and the moral of the people should also be sound if the nation is considered to be completely ready to fight a war. Despite being superior in a military sense, an industry sense and agricultural sense, Germany was not great in a political s ense. From 1870-1914, Britain was the leading world power; its position was sustained by the royal navy. The British navy was larger than any other powers though it was widely distributed throughout the empire in small groups. Britain required a strong navy since the nation relied heavily on imports and its need for a market meant that free sea passage was important. However Britain’s army was not as strong as their navy. The army was spread throughout the empire in defense and has been mostly successful. You read "Were the Great Powers ready for war in 1914?" in category "Papers" However the army was very small only equipped in fighting small easy wars. A small army doesn’t mean it’s not a strong army. The British army was small unlike the other larger European armies but it was professional and well trained. The moral and the determination of the army to succeed is also very important in winning wars not just the size. The army was polarised by class and small reaching a sum of 733,514, which was tiny compared to the standards of the European rivals. The BEF was the army Britain had available for the possible outbreak of war. The BEF was small with 1 permanent Corp, 1 Calvary division, 6 infantry divisions (20,000) however most was spread throughout empire with over half of the BEF at home being reservists which would be the army unofficially sent to France on the western wing of the army in the event of the outbreak of the war. Because Britain’s army lacked size its ability of reinforcement was limited. However, in 1914 there was parliament approval to increase the army by 500, 000 men. This quote summarises the British army well: The British army was historically little more than a colonial police force trained and equipped to fight small wars against inferior opposition.6 The British were not as strong as the German’s in a militarily and this suggests they were not ready for war in military aspect. Austria’s army was not much better that the Britain’s one. Compared with the German army the size of the military was quite small. The size was not only the problem but language was another major one. When the outbreak of war appeared there were 2.25 million men that were immobilized for Austro-Hungary and they were trained for around 4 weeks before they were sent. There were many languages spoke in the army so they had to try and make sure the same language served together. Most of the time different nationalities had to mix though and the officers were mainly Hungarian or German speaking Austrians with the enlisted from the Slavic population. This meant many Slavic men had to be taught a different language. In 1914 Austria had 40,000 soldiers and Hungary had 30,000. There was also the Imperial and Royal Army that was drawn from all parts of the Empire. The 350,000 men in this army gave their allegiance direct to Emperor Franz Josef.7 In 8th April 1904 the Anglo-French Entente was consummated after long years of negotiation with a complete settlement of all outstanding colonial differences. This opened the door to Anglo-French military conversations, which continued up to the outbreak of war in August 1914. In 17th January 1906, Anglo-French military conversations about cooperation in the event of a European war began at the Algeciras Conference. France was not prepared for war as well as the other great Powers. This was because France had no war aim in the build up to the First World War and therefore they did not feel the need to prepare for war much. However they did make a vital preparation in the political aspect of getting ready for war. France made a strong alliance with Russia. This meant that if France had to go to war with Germany, Germany would be forced into war on two fronts. France’s government being not very organized caused the lack of interest of starting the war. France however was a wealthy country and they were financially capable of starting a war but however its executive power was weak compared to Britain and Germany. They also had frequent changes of government, which can cause disagreement with the nations policies. France was not in a good situation to enter a war and their minimal preparation shows their naivety. It is suggested that France had no intention of entering World War One, and they were literally forced into it. The Russian army was the largest in Europe, but despite having many men, they were not financially capable of paying the soldiers so the Russian government could only call up a fraction of those eligible each year to serve in the army. The Russian army was corrupt and under equipped. The army was backward, short of modern equipment and officers were appointed on the ground of family connections rather than ability. There battle success was not great either since they were badly defeated by the Japanese army in 1904-1905. Despite having a poor army Russia’s economy was booming. Savings accounts grew from 4,988,000 to 8,992,000 between 1905 and 1913. The national dept also significantly dropped. The average annual growth rate between 1907 and 1914 was over 6 per cent, which was higher then that of any other Western European country. However, to continue this development Russia needed both domestic harmonies, which was under threat and even more importantly peace with her neighbors. The assassination of Archduke Franz Ferdinand and the events which followed were to shatter both. There was some political instability before the war because the classes were beginning to reveal their grievances. In conclusion none of the Great Powers were completely ready for war. Germany and had a strong army which means the nation was ready in a military aspect but however they were not ready politically. Britain’s army was minute however their navy was successful and Austria’s army was also small. Russia had a large army but they were not financially capable of paying all the soldiers. Agriculturally Germany was excellent and politically Britain was good. However to be ready for war the nation must possess a culmination of several aspects such as a good military, good agriculture and industry and they should also be financially capable. None of the powers possessed this culmination and were strong in one aspect but not in the other. How to cite Were the Great Powers ready for war in 1914?, Essays