11033131
Operation & Strategies
- RESISTANCE TO CHANGE
- Strategies to deal with financial costs:
Financial costs, purchasing equipment,
redundancy payouts, retraining, reorganising
plant layout inertia
- Strategies to deal with financial costs:
Financial costs, purchasing equipment,
redundancy payouts, retraining, reorganising
plant layout inertia
- INVENTORY MANAGEMENT
- ordering, storage, placing and
handling nof raw materials and
stock
- ordering, storage, placing and
handling nof raw materials and
stock
- TECHNOLOGY
- improving flows, cutting costs, keeping records
- improving flows, cutting costs, keeping records
- OUTSOURCING
- Hiring of an external third party to perform tasks
for a business
- Hiring of an external third party to perform tasks
for a business
- NEW PRODUCT AND DESIGN
- New ideas and innovations, being tested and then
carried out to be put into place
- New ideas and innovations, being tested and then
carried out to be put into place
- Global Factors
- Global Factors and Strategy. Businesses are
affected by an external environment as much as
they are affected by the competitors. Global
factors influencing business are legal, political,
social, technological and economic.
Understanding of these factors is important
while developing a business strategy.
- Global Factors and Strategy. Businesses are
affected by an external environment as much as
they are affected by the competitors. Global
factors influencing business are legal, political,
social, technological and economic.
Understanding of these factors is important
while developing a business strategy.
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