Operations - Influences

Question 1

Influences Points

Answer 1

Globalisation,
Technology,
quality expectations,
Cost-based competitions,
Gov policies,
legal regulation
environmental sustainability

Company social responsibility
- Difference between legal compliance and ethical responsibility
- Environmental sustainability and social responsiblity

Question 2

Globalisation

Answer 2

Removal of barrier of trade between nations
- Increasing integration between national economies and a high degree of transfer of capital, labour, intelluctual capital and ideas, resources, tech

Question 3

Globalisation Cont - Pos / Neg

Answer 3

Source of market opportunties

Can be a threat if other businesses effectively apply cost leadership and dominate market

Question 4

Globalisation - Consumers /

Answer 4

Global consumers seek global brands and seek standardised products
- Product design must meet needs of global consumers
- Manufacturing facilities are oriented towards global market

Question 5

Supply Chain / Global Web

Answer 5

SC
- Range of supplier business has

GW
- Network of suppliers a business has chosen on basis of lowest overall cost, low risk and assurance on quality and timing of supplies

Question 6

Supply Chain Management (Sourcing) / Global Web

Answer 6

Sourcing
- Finding suppliers needed so production processes are smooth

GW Strategy
- Minimising cost across range of suppliers